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EasyJet stock declined after the airline warned that rising fuel costs and Middle East tensions are weighing on its bookings outlook.
The S&P 500 closes above 7,000 for the first time as U.S. stocks reach new record highs.
Anthropic’s estimated valuation has climbed to $851 billion, highlighting explosive growth in AI startups as investors pour capital into the sector ahead of major IPOs.
Samsung SDS stock surged after KKR agreed to invest $820 million via convertible bonds, forming a strategic partnership focused on AI expansion.
Luxury stocks declined sharply after weak earnings from Hermès and Kering, as the Iran war weighed on Middle East demand and tourism.
AMD, Qualcomm, and Arm have invested in autonomous driving startup Wayve, reinforcing growing demand for AI-powered vehicle technology.
Snap will lay off about 1,000 employees, or 16% of its workforce, as part of a cost-cutting plan tied to AI-driven efficiency and profitability goals.
Allbirds shares skyrocketed after the struggling footwear brand announced a pivot to AI infrastructure, signaling a dramatic shift in its business model.
The SEC approved the removal of the $25,000 minimum requirement for pattern day traders, expanding access to active trading for retail investors.
Federal Reserve nominee Kevin Warsh revealed over $100 million in assets, including stakes in crypto and tech ventures, raising questions about potential policy implications.
Novo Nordisk has partnered with OpenAI to enhance its drug discovery efforts using advanced AI tools, aiming to accelerate identification of new treatments.
Amazon agreed to acquire Globalstar to strengthen its low Earth orbit satellite network and accelerate direct-to-device connectivity. The move intensifies competition with SpaceX’s Starlink.
Amazon reported AI-related cloud revenue above $15 billion and said its chip business now exceeds $20 billion annually. The update highlights growing momentum in its infrastructure strategy.
Meta Platforms shares rose 7% after unveiling its new AI model Muse. The launch signals renewed momentum in the company’s artificial intelligence strategy.
U.S. equities shed roughly $650 billion as investors react to an approaching Trump deadline. Rising oil prices and geopolitical uncertainty are weighing on markets.