Tag: Stock
Workday lost $40 billion in value. Founder Aneel Bhusri is back with a $139 million bet he can turn it around | Fortune
By bringing cofounder Aneel Bhusri back to the CEO job, Workday has turned to a classic Silicon Valley tradition to deal with the AI threat squeezing software company stocks:...
Dow futures rise after index tops 50,000 for first time while landslide election in Japan sends U.S. bond yields higher | Fortune
Wall Street is eyeing another record session as U.S. stock futures pointed higher on Sunday, while the bond market digested the results of Japan’s...
Palantir’s blockbuster earnings fired a starting gun on a global rally in stocks | Fortune
A huge global rally in stocks is underway today after Palantir delivered yet another blockbuster earnings call that blew through analysts’ expectations yesterday and—separately—a...
Wall Street celebrates the end of Trump’s Greenland drama and is hoping the Supreme Court will kill the rest of his tariffs | Fortune
The S&P 500 closed up 0.55% yesterday on good news about U.S. GDP growth and President Trump retracting his threat to impose more tariffs...
Stock futures slide while gold and silver jump after Powell investigation raises fears over the Fed’s independence | Fortune
U.S. equity futures fell sharply Sunday night after Federal Reserve Chair Jerome Powell confirmed that he is under investigation related to testimony he gave...
Crude oil prices rise after Maduro ouster as Wall Street braces for a big week that will put the U.S. economy back on Trump’s radar | Fortune
Stock futures and oil prices edged higher on Sunday evening as investors began to digest the implications of the U.S. military raid on Venezuela...
Michael Saylor’s Strategy flirts again with the danger threshold at which his company is worth less than his Bitcoin | Fortune
Stock in Michael Saylor’s Bitcoin treasury company Strategy was up 1.22% in early trading today, giving the company a brief period of relief. The...
Investors ignore Nvidia in favor of a massive global rally in stocks | Fortune
Nvidia stock was down 2.59% yesterday, and it’s now down 7% for the month. The negativity continued this morning: the company’s shares were down...
Wall Street eyes a possible culprit in this week’s head-spinning stock market reversal: Bitcoin | Fortune
Nvidia’s blockbuster earnings late Wednesday set up the stock market for a ferocious rebound as the chipmaker appeared to ease fears that an AI...
Global stocks in meltdown as Wall Street bails out of crypto and AI: ‘The bubbly is on ice’ | Fortune
Global stock markets sold off sharply this morning as investors continued to question whether the ‘Magnificent 7’ tech companies have fueled an unsustainable bubble...
