In a surprising move, Amazon is set to lay off up to 30,000 corporate workers as part of cost-cutting measures. This could be one of the largest layoffs in recent months, following aggressive hiring during the pandemic.
Warner Bros. Discovery's shares hit a high not seen since 2022, driven by rumors of multiple parties interested in acquiring the company, particularly Paramount. With stocks rising 11%, analysts weigh in on the potential bidding war.
Wall Street's main indexes are on the rise with FedEx leading the charge after impressive earnings. Tech stocks also rally as optimism grows regarding monetary policy easing and trade talks between Trump and Xi.
The Dow Jones Industrial Average achieved a record close, bolstered by Federal Reserve Chair Jerome Powell's hints at potential interest rate cuts. Investors are optimistic as market indicators point toward growth, with significant gains across major indices.
U.S. stock futures fell slightly after President Trump denied plans to fire Jerome Powell, following a day of gains. Investors shift focus to upcoming earnings reports amidst market fluctuations.
U.S. stock futures fell as the market awaits President Trump's tariff policy announcement. While the Dow and S&P 500 gained on Monday, uncertainty looms over upcoming economic measures. Insights suggest potential for a market bounce back.
US stocks opened sharply lower after Trump hinted at a 'period of transition', raising recession fears. The Dow fell 411 points as uncertainty over tariffs continues to impact the market.
Markets open cautiously as S&P 500 and Nasdaq show a subdued start amidst concerns over trade controls and awaited earnings reports. Dow Jones rises slightly while Nasdaq drops.
