Results for “cup sell-off”

Dodge is returning to the NASCAR Cup Series in 2027, a year earlier than initially expected

Oracle Corp. is leading a charge of 17 companies rushing to sell bonds in the US high-grade market on Monday ahead of the US midterm elections, in the longest lineup since September.

Private equity-backed Cloud Software Group, which owns brands including Citrix and Tibco, kicked off a transaction on Monday to address its upcoming debt maturities.

Disappointing US megacap earnings accelerated a rotation out of AI-related tech last week, triggering a sharp selloff as investors shifted toward smaller-cap and more defensive areas. Jordan Jackson, Global Market Strategist at JPMorgan Asset Management, discusses the overblown AI selloff and how he expects to see markets move after midterms. (Source: Bloomberg)

Fox CEO Lachlan Murdoch said that a recent decline in ratings at Fox News isn’t indicative of a deeper problem at the network.

Greek stocks will suffer outflows as MSCI Inc.’s upgrade of the country to developed-market status forces emerging-market trackers to sell, according to JPMorgan Chase & Co. strategists.

Ethiopia became the first country to ban imports of gasoline-powered cars in 2024. Today, its EV share outpaces the global average, but the road ahead is uncertain. Can Ethiopia’s bet on EVs pay off? (Source: Bloomberg)

The media company on Monday posted a fiscal first-quarter profit of $957 million, or $2.20 a share, compared with $609 million, or $1.32 a share, a year earlier.

Meta's massive capital outlays are raising questions about when AI will pay off.

Oracle Corp. kicked off a $10 billion sale of US investment grade bonds on Monday, according to a person familiar with the matter, after the company said last week it would undertake just $20 billion of additional capital raises the next several years.

Mass demonstrations in Germany that passed largely peacefully on Saturday erupted in violence as night fell and rioters faced off against police in Frankfurt, Cologne, Hamburg and Berlin. (Source: Bloomberg)

Alphabet Inc. is offering euro bonds for the second time this year, with a seven-part sale in the latest effort by a hyperscaler to fund artificial intelligence.

China’s central bank launched daily overnight reverse repurchase operations on Monday, kicking off a revamped liquidity framework that establishes the short-term tool as its primary policy anchor.

Futures on the S&P 500, which allow investors to bet on the market before the official start of trading, rose slightly on Sunday night.

Bloomberg News Senior Executive Editor Wes Kosova tells Bloomberg This Weekend that President Donald Trump is struggling to convince voters the economy is strong as higher fuel prices and affordability concerns weigh on his support, including among Republicans. Speaking with hosts David Gura and Lisa Mateo, Kosova says Trump’s last-minute promises of financial relief may have limited power to change voters’ perceptions, while the prolonged Iran war adds uncertainty over when energy prices could ease. (Source: Bloomberg)

That’s the advice of Stellantis’ CTO, who plans to hire hundreds more anyway. AI is shrinking weeks into days, but it can't tell you what car to make.

"Without a far larger pool of renminbi assets that foreigners can freely buy and sell, the renminbi cannot come close to replacing the dollar."

“Let’s say 10 years from now, when I’m 84, we need a substantial amount of cash.”

AI agents need permission rules before they act.

Experts say the proposed program prioritizes parents in ‘traditional families’, ignoring the flexibility needed that all families need to support themselves Erica Hall and her husband knew that raising kids wouldn’t be cheap. They intentionally had their children five years apart because paying for two in daycare would have been too expensive. When her first child was born, Hall had to self-fund her maternity leave by drawing on savings. And recently, Hall was laid off from her tech job, leaving her at a crossroads. Continue reading...

After waiting 13 years for this videogame, almost one-fifth of workers plan to take the day off to play ‘Grand Theft Auto VI’ when it drops on Nov. 19

As investors worry about massive spending on the A.I. buildout paying off, earnings reports drove markets down. NBC News’ Brian Cheung reports on what happened on Wall St. and the hack on crypto exchange Binance.

No longer just occasions where trunks of samples are used to sell preorders, trunk shows now combine the instant gratification of off-the-rack shopping with exclusive locations and free perks

Hackers made off with around $6 billion in digital currency in what could be the biggest crypto heist in history. Binance said it will cover the losses.

A drop of 4.2% for Nvidia, the chip company that became the poster child of the AI frenzy, was the heaviest force pulling the S&P 500 downward.

At a phone-free Newsreel event in Brooklyn five days before the midterms, the talk kept coming back to who gets rich off AI and its data centers.

A sell-off for tech stocks is worsening on worries that Wall Street’s frenzy around AI sent prices too high

A law enacted after a brazen scheme to rig onion prices in the 1950s puts the vegetable, as well as box office receipts, off-limits for prediction markets.

Plus, an Italian insurer’s 20-year pact looks like one of the most lucrative naming-rights agreements in sports history.

Europe’s economy persevered with moderate growth in the third quarter despite higher oil prices from the US-Iran war, as gross domestic product increased by 0.4% over the quarter before

Wall Street will be looking to bounce back after a very tough day for tech companies on Thursday that saw shares of Amazon, Intel and Google’s parent company Alphabet plummet. It comes as the crypto industry suffered the biggest heist in history with hackers making off with nearly $6 billion in cryptocurrency. NBC’s Brian Cheung reports for TODAY.

Plus, port employers near deal to delay strike threat, and surging chip demand drives up prices.

Binance froze $3 billion in assets after a major security incident, with Changpeng Zhao suggesting the crypto exchange appears to have been hacked.

Perhaps the most important issue for voters is almost getting blocked out

The Golden State Valkyries and Atlanta Dream draw major ticket demand for Game 6 despite scheduling conflicts and an unusual afternoon start time.

Three maritime drones have struck a container ship in the Black Sea off Bulgaria's coast, according to the country's defense minister

Shares of companies with multiple restaurant brands like Brinker and Darden are outperforming single-chain stocks like McDonald's and Chipotle.

Solar tiles were touted as an attractive alternative to solar panels - why have they not taken off?

A citizen referendum, only the second of its kind in Georgia history, seeks to block a zoning amendment Ire Gene Grovner stood behind his house on a recent morning, between chicken pens on one side and rows of winter collard greens on the other, holding a knife and skinning a raccoon splayed across a wood post. “The meat is good roasted,” Grovner said. He pointed to the collards, a burst of green in the winter cold, and the chickens, with their eggs. “If you ain’t lazy, you can live good here,” he said, referring to Sapelo Island off the coast of southern Georgia . Continue reading...