3 big reasons Micron and other chip stocks fell hard on Thursday
Investors are spooked by Tesla’s lower spending target, Lam Research’s weaker-than-expected forecast and a fresh reminder that the AI boom relies on outside funding.
City & Markets
Moderna shares plunge after leak of cancer vaccine data despite positive results
Moderna shares dropped as much as 25% on Thursday following the leak of partial data on its closely watched cancer vaccine developed with Merck.
Elon Musk invests about $1 billion in Skydance
Elon Musk has made an investment in Skydance of roughly $1 billion, according to a person familiar with the matter who asked not to be named because they were not authorized to speak publicly.
10-year Treasury yield tumbles below 5% to lowest level in nearly a month
Treasury yields fell sharply on Thursday, with investors turning to safe havens amid a steep sell-off in stocks driven by concerns around the artificial intelligence trade and surging oil prices.
Investors’ recent money moves show a preference for quality over momentum within the S&P 500
Just when the headlines appear most supportive—inflation is rising, geopolitical risk is escalating and confidence in fiat currency is being questioned—gold can suddenly move in the opposite direction…
Bill Ackman says 2027 will be an amazing year for stocks as wars, inflation ease
FIFA launches tender of 2030 men's World Cup U.S. media rights, plans to choose winner by end of year
FIFA is launching its tender offer Thursday for the 2030 U.S. media rights with an option for potential partners to also buy rights for the 2034 World Cup. FIFA wants bids in by Nov. 19.
SpaceX and Tesla have high election stakes as Elon Musk pours $366 million into campaigns
Musk’s biggest political bet is on the Senate, where control could shape future investigations, federal spending and regulations affecting SpaceX and Tesla.
Jobless claims near the lowest since the 1960s as low-fire trend continues
Employers continue to hold onto workers even as hiring remains weak, sending weekly jobless claims to around their lowest levels in records that stretch back nearly six decades.
Third-party evaluators find vulnerabilities in OpenAI monitoring system during test pilot
Nonprofit evaluators METR and Redwood Research on Thursday said they conducted a pilot review of an internal monitoring system at OpenAI, the artificial intelligence company's latest effort to determi…
Under-the-radar stocks to play the next leg of the energy trade with oil prices jumping again
It seems to be the question many in the energy markets are asking. We are about to enter the ninth month of the Iran war. Or Iran "conflict." At this point, it's not very clear what to call it. The on…
Virginia state Sen. L. Louise Lucas, a Trump critic, charged in marijuana racketeering case
Virginia state Sen. L. Louise Lucas has been charged in a federal indictment with leading an alleged marijuana racketeering conspiracy that included family members of the powerful Democrat, according …
Musk's clash with Ukraine accelerates demand for Starlink alternatives. Few exist
Elon Musk's latest clash with Ukraine underscores the critical role that his company's Starlink satellite internet service has played in Kyiv's defense against Russia, which invaded unprovoked in 2022…
Oil prices jump to five-month high as attacks threaten global supply
Oil prices jumped to a five-month high on Thursday after attacks in Saudi Arabia and hits to tankers in the strait of Hormuz threatened further disruptions to the world’s crude supply.
S&P 500 Movers: LRCX, LMT
Beneath a quiet surface for the index, some of the market’s biggest moves were simply old stories told louder.
Meta’s stock falls in early trading amid broader sector selloff, despite well-received results
Meta’s core advertising business delivered a strong quarter, but investors are now eyeing promising new businesses around the Muse personal assistant.
Nasdaq 100: Rising AI Concerns Put Bulls Under Pressure Despite Strong Earnings
Nasdaq Composite: Rose 1.11% to 26,430.89 as AI and semiconductor stocks recovered from last week's sharp sell-off.
Central Puerto S.A. Reports Acquisition of 120,000 Treasury Shares
Central Puerto S.A. announced that the company and its wholly owned subsidiary, Proener S.A.U., have acquired treasury shares issued by the company. On 10/21/2026, Central Puerto S.A. acquired 120,000…
Barclays to slash 5,000 jobs in AI efficiency push
British lender Barclays has revealed plans to cut 5,000 jobs — about 5% of its total workforce — as part of an artificial intelligence-linked efficiency push.
Trump's approval rating on economy hits all-time low as midterm looms: CNBC survey
With less than two weeks to go before the congressional elections, Americans are nearly as gloomy about the economy as they were when the nation was emerging from the pandemic, and President Donald Tr…
Oceaneering International, Inc. Reports Third Quarter 2026 Results and Initiates 2027 EBITDA Guidance of $430 million to $480 million
Offshore services provider Oceaneering International OII reported Q3 2026 results beating Wall Street’s revenue expectations, with sales up 5.6% year on year to $784.6 million. Its non-GAAP profit of …
Nvidia CEO Jensen Huang says neocloud demand is 'off the charts' but capital is scarce
Nvidia CEO Jensen Huang told CNBC Thursday that demand for neocloud firms is "off the charts," but scarce capital is holding back growth.
Essential Properties Realty Trust, Inc. Announces Third Quarter 2026 Results
Essential Properties Realty Trust, Inc. announced its operating results for the three and nine months ended September 30, 2026. For the third quarter of 2026, the Company reported net income per share…
World's largest wealth fund posts $30 billion loss after bond market turbulence
Norway's sovereign wealth fund — the largest in the world — said Thursday that its investment portfolio delivered a loss of $30 billion in the third quarter, as rising interest rates dented returns on…