After spending over $40 million to prevent his election, Wall Street's CEOs are left grappling with the reality of Zohran Mamdani's mayorship. Their reactions vary from threats to leave the city to a pragmatic acceptance of his leadership amid pressing challenges.
In a stunning upset, Mamdani wins the New York mayoral race, taking on wealthy donors and critics. As billionaires shift their stance, Trump threatens funding cuts if Mamdani takes office.
Yesterday's market saw a significant downturn, with heavy losses in major tech stocks like Palantir and Nvidia. Analysts warn of a potential correction as short bets emerge. Is the tech rally coming to an end?
McDonald's is gearing up to report its Q3 earnings, with analysts anticipating $3.33 EPS and $7.1 billion in revenue. Despite concerns over consumer spending, the fast-food giant may showcase growth in same-store sales for the second consecutive quarter, thanks to its value-centric strategy and menu revivals.
Asian stocks have plunged sharply as volatility surges to levels not seen since April. Concerns over stretched valuations arise following a tech-led selloff on Wall Street, with major players like Palantir and Nvidia facing scrutiny. Will the rally continue or is it time to take profits?
Palantir Technologies is experiencing explosive growth in its AI platform, yet its stock has taken a hit, falling 9%. Analysts are divided on its valuation, with some seeing it as overvalued despite record revenues. What does this mean for investors?
Tensions rise as the US selects military targets in Venezuela for potential strikes as part of a counter-narcotics campaign. Could these actions escalate into a larger conflict?
Meta, the parent company of Facebook and Instagram, achieved a record $51.2 billion in Q3 revenue. However, a massive $15.93 billion tax charge led to a significant earnings drop, disappointing Wall Street expectations.
In a surprising turn, UPS reports third-quarter earnings that exceed Wall Street expectations, despite announcing 48,000 job cuts as part of its turnaround strategy. Shares surged over 7% in response.
Discover three powerful investment strategies to thrive in a falling rate environment. From small-cap stocks to emerging markets and gold miners, learn where to put your money for maximum returns.