The e-commerce giant's $1-an-hour raise and new grocery discounts, worth more than $1.5 billion, arrive as it prepares to compete for seasonal workers in a tight, inflation-squeezed labor market.
Futures markets assign roughly nine-in-ten odds to a quarter-point increase when Chair Kevin Warsh's Fed announces its decision this afternoon, a sharp reversal from the no-change consensus that prevailed over the summer.
The Digital Asset Market Clarity Act fell 49-50, as Democrats sought tighter limits on officials' crypto holdings and several Republicans balked.
A global bond selloff pushed the 10-year yield to its highest level since 2007 just as the Federal Reserve began a two-day meeting expected to produce the first rate increase in three years.
Record cloud growth and a swelling $125 billion debt pile framed a wild 48 hours in which founder Larry Ellison disclosed, then scrapped, a plan to sell up to $7.5 billion in Oracle stock.
The jet-engine maker's largest deal since its 2024 spinoff brings a key supplier of aerospace castings in-house as the industry battles chronic parts shortages.
A hotter-than-forecast August CPI reading sent Treasury yields to multi-year highs and rate-hike odds surging, even as stocks snapped a four-day losing streak heading into next week's Fed decision.
The salvage-auction giant is paying a 45% premium to fold ACV's dealer-to-dealer wholesale marketplace into an all-digital vehicle remarketing platform.
A widening war in the Persian Gulf has pushed crude to its highest level since May and Treasury yields to their highest since 2023, flipping trader bets ahead of next week's Fed meeting from a possible cut to a likely hike.
The Treasury Department moved to calm a bond-market selloff that pushed benchmark yields to a three-year high, as deficit concerns, rising energy costs and next week's Fed meeting rattled Wall Street.
The convenience-store chain topped Wall Street estimates for its fiscal first quarter as wider fuel margins and pizza-driven food sales offset a decline in the stock following the report.
The Dow fell more than 600 points as Houthi strikes on Saudi energy facilities pushed Brent crude toward its highest level in over a year, reviving inflation fears just as investors had bet on a calmer path for interest rates.
The chip-design software maker topped Wall Street's third-quarter estimates and lifted its full-year forecast, but investors focused on how little room the new guidance left to beat again.
The AI lab is holding its investor roadshow until a $15 billion credit facility is finalized, pushing a listing that could value the company near $2 trillion toward the edge of November's midterm elections.
Record orders and sharply raised guidance underscored how deep AI infrastructure spending is running, even as investors debate how long the buildout can last.
A surprise surge in payrolls sent Treasury yields higher and revived talk of tightening, complicating the picture for policymakers already contending with oil-driven inflation.
Oneok, Williams and Apollo Global are pouring tens of billions of dollars into midstream gas assets as data centers and LNG export terminals compete for supply, a boom that Oneok's CEO says will eventually push prices higher too.
A 181-page complaint joined by 22 states accuses Amazon of secretly rigging its Sponsored Products ad auctions since 2019 to extract billions from advertisers; Amazon calls the claims "misguided" as its shares slide and Wall Street stays split.
The debt-and-equity deal adds grid-forming power electronics to Flex's infrastructure arm, which the manufacturing giant plans to spin off as an independent public company in early 2027.
Friday's 162,000-job gain and a combined 55,000-job upward revision to June and July pushed traders toward pricing in a September rate increase, sending the Dow, S&P 500 and Nasdaq lower to close the week.
A soft ADP print and months of downward revisions have turned the government's August payrolls data, due at 8:30 a.m., into a pivotal input for the Fed's September rate decision.
The chipmaker posted record revenue and its ninth straight quarterly beat, but a fourth-quarter outlook that landed a few hundred million dollars below expectations was enough to send the stock lower.
The deal, one of Nvidia's largest ever, hands the chipmaker the default distribution hub for open-source AI models just as critics start asking whether one company should own so much of the stack.
The all-cash acquisition from KKR is Aon's largest ever and aims to plant the insurance broker firmly in the mid-sized commercial market, a segment executives value at more than $40 billion.
A renewed exchange of strikes between the U.S. and Iran pushed oil and borrowing costs higher, while a weak ADP payrolls report added to signs the labor market is cooling faster than expected.
The $100 million project will add 900 million cubic feet a day of capacity on the Double E pipeline to the Waha Hub, with more than half already under contract.
The ISM's factory index slipped to 54.6% as new orders and order backlogs eased and prices paid held at an elevated 71.1%, complicating the Federal Reserve's rate calculus.
A weekend exchange of strikes between the U.S. and Iran sent crude toward multi-month highs and knocked stock futures lower, with a fresh factory-activity report and Friday's jobs data now in focus.
Kevin Warsh's warning that inflation still runs too hot sent September rate-hike odds surging past a coin flip and pulled stocks off a weekly high.
A blowout second quarter and a 70% growth forecast for fiscal 2028 pushed the chipmaker's stock up nearly 9% and reset expectations for the AI buildout heading into next year.
A revenue beat, a 70% growth forecast for 2028 and guidance that still excludes China lifted Nvidia shares nearly 9% and dragged the broader market higher with them.
Fed Chair Kevin Warsh delivers his first Jackson Hole keynote this morning, with a 19-year-high in long-term borrowing costs, a fractured rate-setting committee and richly valued stocks all riding on what he says.
The cybersecurity firm topped Wall Street estimates and lifted its full-year outlook, with net new business up 51% as customers consolidate spending onto its platform.
July sales fell 10.5% to a 607,000 annual rate as borrowing costs topped 6.6%, even as builders cut prices and the median price hit a five-year low.
A second-quarter earnings miss and a steep cut to full-year profit guidance triggered the retailer's worst trading day on record, as its newly acquired Foot Locker chain keeps sliding.
The chipmaker's earnings after today's close carry outsized weight for a rally built on artificial-intelligence spending, with options traders pricing a swing of nearly $280 billion in market value.
PDD Holdings topped profit estimates but missed on revenue in the second quarter, with a fresh $230 million EU fine adding pressure on the Temu owner.
A broad chipmaker selloff offset a modest Dow gain Monday as traders trimmed risk ahead of Nvidia's Wednesday earnings, with new Iran sanctions and Canada tariff fallout adding to the unease.
A record shareholder-return plan tied to Samsung's AI-driven profit boom fell short of what investors had bid the stock up to expect.
Wednesday's Nvidia results and the Fed chair's first Jackson Hole speech will test whether stocks can withstand elevated long-term interest rates.
A flash PMI reading showed the fastest US business growth since 2022, powering a Friday rally that trimmed — but didn't erase — a rough week for stocks.
The payments giant's largest acquisition yet pairs its transaction infrastructure with OpenRouter's technology for routing requests across hundreds of AI models, deepening Stripe's push into AI infrastructure.
Stocks rebounded Friday after the Treasury moved to steady a rattled bond market, closing out a week that saw Walmart post its first comparable-sales miss in five years and oil surge amid the widening confrontation with Iran.
The Spanish lender folded one of the Northeast's largest regional banks into its U.S. franchise Thursday after clearing the last of three regulatory approvals.
A hawkish set of Fed minutes and a rebound in long-term yields wiped out Wednesday's relief rally, dragging the Dow down nearly 700 points and leaving Wall Street headed for a losing week.
The 67-million-year-old fossil, found on a South Dakota cattle ranch, became the most expensive dinosaur skeleton ever sold amid a broader boom in natural-history auctions.
The deal for the airflow-technology maker nearly doubles Madison Air's addressable market as demand for data-center cooling equipment accelerates alongside AI infrastructure spending.
Three regional Fed presidents pushed for a rate increase in July as inflation concerns mounted, but a Treasury debt-buyback plan calmed Wall Street before the hawkish minutes even landed.
Shares are up sharply this year on viral squishy dumplings and Needohs, but Jefferies says the discount chain's turnaround runs deeper than a toy fad.
Shares of the Chicago-based air-quality group fell after it agreed to acquire the airflow-technology maker in a deal financed with cash, debt and equity, aimed at expanding into cooling for AI data centers.
The S&P 500 fell for a third straight session Tuesday as the 30-year Treasury yield touched levels last seen in 2007 and crude extended its climb on the Hormuz standoff, with Target, TJX and Lowe's earnings and Fed minutes on deck Wednesday.
The White House delayed a threatened tariff hike hours before it was due to hit, as Trump and Prime Minister Mark Carney raced to finalize terms by Friday.
Stellantis's tiny electric Topolino has landed in the US at $13,995, aimed squarely at gated communities and resort towns that already love low-speed vehicles.
Home Depot reports its first results since CEO Ted Decker went on medical leave, with tariffs and a soft housing market testing whether full-year guidance holds.
Stocks fell and the 30-year Treasury yield hit its highest level since 2007 after a US-Iran ceasefire memorandum lapsed and Trump threatened Oman over the Strait of Hormuz, with a heavy retail earnings week just getting underway.
Bullion is near its best levels since June after weak US data cut the odds of a September Fed rate increase and pushed the dollar to a three-month low.
Home Depot, Target and Walmart report this week as investors weigh a weak retail-sales reading and slumping consumer sentiment against oil prices still elevated by the Strait of Hormuz standoff.
A regulatory filing shows the chipmaker's investment in Elon Musk's rocket company ballooned in value after SpaceX absorbed xAI and went public.
Nasdaq is absorbing one of the country's largest off-exchange trading venues, converting a 2021 minority stake into full ownership as it builds out an 'always-on' market infrastructure unit.
Retail spending posted its first monthly decline since October and consumer sentiment suffered its steepest drop in months, complicating the outlook days before a historic round of tariffs on Canadian goods takes effect.
The University of Michigan's preliminary August reading came in far below forecasts, with survey director Joanne Hsu citing a sharp deterioration in expected business conditions.
The S&P 500 broke above 7,800 for the first time Thursday before a weak consumer-sentiment reading and fresh doubts about AI spending cooled the rally into the weekend.
Mike Ashley's retail group takes control of the luxury chain through a pre-pack administration deal, ending 35 years of ownership by the Poon family and beating a rival bid from Next.
A cooler-than-expected reading on producer prices eased fears of a Federal Reserve rate increase next month, lifting stocks broadly and pushing Wall Street's benchmark index to its 27th record close of the year.
Shares of the burger chain surged and were briefly halted after a report that Trian is assembling investors, including a longtime franchisee, for a take-private offer.
Cooler July inflation cheered investors, but a shrinking labor force and hawkish dissents leave the Federal Reserve facing a rate call with no easy answer.
Safe Harbor Marinas will pay $53 a share in cash for the boat retailer, a 96% premium, ending a monthslong sale process that began with an unsolicited activist bid in January.
The chipmaker upsized a planned share sale by a third to $20 billion, drawing more than $100 billion in orders as it pours capital into AI-driven manufacturing and its foundry turnaround.
The $18.90-a-share offer, an 88% premium, sent Varex shares up nearly 48% as Teledyne moves to control the leading independent supplier of photon-counting X-ray detectors.
Both AI-infrastructure suppliers report after Tuesday's close, with Wall Street watching whether soaring backlogs can offset the cost of the industry's data-center buildout.
A stalled U.S.-Iran standoff over the Strait of Hormuz sent crude to its sharpest one-day gain in weeks and pushed Treasury yields toward five-month highs, unsettling stocks a day before the July inflation report.
A surprise 23,000-job drop in July, and steep downward revisions to prior months, sent the S&P 500 to a record close and flipped traders' bets on the Federal Reserve's September meeting.
The conglomerate plowed billions into Alphabet and share buybacks last quarter, the clearest sign yet that CEO Greg Abel is willing to deploy Warren Buffett's record cash pile.
A 93% revenue surge and blunt talk about "AI sovereignty" sent shares to fresh highs and wiped out billions in short-seller bets.
Wendy's beat Wall Street's earnings and revenue targets in the second quarter even as global systemwide sales fell more than 6% and U.S. traffic kept sliding.
A surprise 23,000-job drop in July payrolls eased fears of a Federal Reserve rate increase, sending the S&P 500 to a record close as blowout earnings from Nvidia and Intel powered the Nasdaq's best week since April.
Atlassian shares jumped more than 29% premarket on a blowout beat, while Wendy's fell despite topping earnings estimates as its global sales slide and dividend cut overshadowed the good news.
Employers cut 23,000 jobs last month, badly missing forecasts, as investors bet a cooling labor market gives the Federal Reserve room to hold off on further tightening.
The Dow, S&P 500 and Nasdaq all pulled back Thursday, days after setting fresh highs, as rising Treasury yields and Hormuz uncertainty unsettled traders.
Apollo Global Management will pay 715p a share for easyJet, an 81% premium, after rival bidder Castlelake withdrew from the contest.
The €11bn offer was covered within hours, reviving a listing pipeline that had been dormant since spring.