Oracle stock surged after the announcement of a $500 billion AI infrastructure partnership, “Stargate,” involving Oracle, OpenAI, Nvidia, and SoftBank.
Read MorePresident-elect Donald Trump launched a meme coin, $TRUMP, which has surpassed a $5 billion market capitalization shortly after its debut.
Read MorePlug Power has secured a $1.66 billion loan guarantee from the U.S. Department of Energy to construct large-scale hydrogen plants, supporting industrial customers and non-polluting forklifts.
Read MoreApple has urged shareholders to reject a proposal to abandon its Diversity, Equity, and Inclusion (DEI) commitments, making a rare public defense of such initiatives amid rising opposition to DEI programs.
Read MoreKevin O’Leary, a "Shark Tank" investor, announced plans to purchase TikTok as its future hinges on a Supreme Court decision regarding a federal law mandating its sale or ban by January 19.
Read MoreNetflix's first major foray into live sports broadcasting with two NFL games on Christmas Day showcases its ambition to expand into live events.
Read MoreBoth U.S. coasts are facing severe weather ahead of Christmas, with snow on the East Coast and storms on the West Coast, potentially disrupting holiday travel, though conditions are expected to improve by Christmas Day.
Read MoreThe Santa Claus rally, a historically favorable period for stock market returns around the holidays, officially began Tuesday, encompassing the final five trading days of the year and the first two of the next.
Read MoreNordstrom announced plans to go private after 53 years as a public company, with the Nordstrom family regaining majority control through a deal involving Mexican retail chain El Puerto de Liverpool.
Read MoreThe FDA has approved Zepbound, developed by Eli Lilly, as the first prescription medication to treat moderate-to-severe obstructive sleep apnea in adults with obesity, marking a significant milestone for the company.
Read MoreParty City announced it is closing operations immediately, with corporate employees’ last day of employment on Friday and no severance pay or continued benefits.
Read MoreThe Dow Jones Industrial Average endured its longest losing streak since 1974, with Wednesday marking its 11th consecutive decline and the steepest point drop since September 2022. The Dow fell over 1,100 points (2.6%) following a Federal Reserve update announcing a modest 25-basis-point rate cut and projecting only two more such cuts in 2025, fewer than previously expected.
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