Nearly $1 Trillion Wiped From U.S. Stocks as Major Indexes Slide
U.S. equities lost nearly $1 trillion in market value shortly after the opening bell as major indexes fell across the board. The decline hit large-cap tech and small-cap stocks alike.
Latest News
Asian Markets Slide as KOSPI Plunges 11% and Thailand Triggers Circuit Breaker
Asian markets tumbled amid rising geopolitical tensions and energy supply fears. South Korea’s KOSPI plunged more than 11%, while Thailand halted trading after an 8% intraday drop.
Global Markets Lose $4.7 Trillion as Energy Shock Sparks Selloff
Global markets plunged as soaring energy prices tied to the Middle East conflict triggered widespread selling across equities, bonds, metals, and crypto. More than $4.7 trillion in value was erased within hours.
Apple Unveils M5 MacBook Pro Lineup, New Displays and iPad Air as Hardware Push Continues
By
Emma Clarke
Apple introduced M5 Pro and M5 Max chips alongside updated MacBook Pro models focused on peak performance and on-device AI. The company also launched new Studio Displays, refreshed the iPad Air with M4, and revealed the iPhone 17e starting at $599.
Sign up for
Newsletters
$1 Trillion Wiped From U.S. Stocks at Open as Global Markets Slide
Roughly $1 trillion in market value evaporated from U.S. equities shortly after the opening bell as global markets extended losses tied to escalating Middle East tensions. Futures across the U.S., Europe, and Asia moved sharply lower.
Gold Tops $5,400 After Aramco Strike Before Sharp Reversal in Metals
By
Nathan Cole
Gold surged above $5,400 after reports of a drone strike on Saudi Aramco’s largest refinery, triggering a rush into safe-haven assets. Within an hour, however, both gold and silver sharply reversed as volatility intensified.
Gold Surges, Oil Jumps 12% as U.S. Israel Iran Tensions Rattle Global Markets
By
Nathan Cole
Markets turned sharply volatile as escalating tensions between the U.S., Israel, and Iran drove investors into safe-haven assets. Gold neared record highs while oil spiked nearly 12%, and U.S. equity futures fell.
Netflix Walks Away From Warner Bros. Discovery Deal as Paramount Wins $111B Bid
By
Emma Clarke
Netflix exited its months-long pursuit of Warner Bros. Discovery after Paramount Skydance submitted a higher $31-per-share offer. Netflix shares jumped more than 10% as investors welcomed the decision and a $2.8 billion breakup fee.
Nvidia Posts Record $68.1 Billion Q4 Revenue as AI Demand Drives 94% Profit Surge
Nvidia reported record fourth-quarter revenue of $68.1 billion, up 73% year over year, as artificial intelligence demand continued to fuel explosive growth. Net income surged 94% to $43 billion, well above analyst expectations.
AI Disruption Fears Trigger Selloff in U.S. Software Stocks
U.S. software stocks are tumbling in 2026 as investors fear sudden AI breakthroughs could render established products obsolete. The sector’s slide has accelerated despite steady earnings, with major names posting double-digit losses.
Finland’s IQM to Go Public at $1.8 Billion, Among Europe’s First Listed Quantum Firms
Finland-based IQM is set to go public at a $1.8 billion valuation, becoming one of Europe’s first listed quantum computing companies. The move marks a milestone for the region’s emerging deep-tech sector.
EPAM Plunges 20% After Outlook Disappoints, Worst Performer in S&P 500
Shares of EPAM Systems fell 20% after the IT services firm issued a cautious 2026 outlook, overshadowing better-than-expected quarterly results. The drop marked the worst performance in the S&P 500 for the session.
U.S. Stocks Stage Sharp Intraday Reversal After Hundreds of Billions Swing
U.S. equities experienced a dramatic intraday reversal, wiping out hundreds of billions of dollars before recovering nearly the same amount within hours. Major indices swung from losses of more than 1% to solid gains by the close.