Market Snapshot Dow Surges 700 Points Friday S&p 500 Snaps Four Week Losing Streak after Employment Report Shows Wage Gains Cooled in December
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Meta stock plummets after Mark Zuckerberg touts money-losing projects
During Meta’s earnings call, Mark Zuckerberg focused on AI, the metaverse and hardware projects that aren't currently profitable, turning off investors.NBC News - Top stories - Meta -
Delta Flight Loses Emergency Slide After Takeoff From J.F.K.
The plane had taken off from Kennedy International Airport when crew members noticed problems near its right wing, Delta said. What became of the slide is unknown.The New York Times - Business -
Premier League: Chelsea draw at Villa after late goal ruled out
Listen to BBC Radio 5 Live commentary and follow live text coverage from seven games in the Premier League.BBC News - Top stories - Premier League -
Friday Briefing
The Supreme Court considers presidential immunity.The New York Times - World -
Diamond market shows serious cracks from man-made stones
Miners are battling to whittle down the oversupply of gemsFinancial Times - Business -
Mortgage rates climb for fourth week in a row, taking ‘the wind out of the sails’ of the housing market
The 30-year mortgage rate is averaging 7.17%, Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - Business - Mortgage -
The most jam-packed earnings week for the quarter lies ahead, led by these two market bellwethers
This week, 175 companies in the S&P 500 index report quarterly results, making it the busiest for the U.S. earnings reporting season overall.MarketWatch - Business -
Sony’s ‘Kraven the Hunter’ release is delayed until December
The summer movie season may kick off next weekend, but the release calendar is still a work in progressABC News - Entertainment -
Oil prices score weekly gain, breaking run of back-to-back weekly losses
Oil futures finished below Friday’s session highs after the latest U.S. inflation data raised doubts that the Federal Reserve will lower interest rates anytime soon.MarketWatch - Business -
US economic growth slows; Anglo American shares surge after BHP proposes £31.1bn takeover – as it happened
FTSE 100 hits another record, after buyout offer for Anglo American, while US economy slowed by more than expected in the last quarter. Full story: US growth slows as inflation rises, spooking marketsFull story: BHP moves to buy Anglo American ...The Guardian - World -
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Microsoft has more demand than supply for running artificial intelligence models in the cloud.CNBC - Business - Microsoft -
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Microsoft has more demand than supply for running artificial intelligence models in the cloud.CNBC - Business - Microsoft -
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Microsoft has more demand than supply for running artificial intelligence models in the cloud.CNBC - Business - Microsoft -
Here’s a rapid-fire update on all 33 portfolio stocks including our tech giants reporting this week
During the Investing Club's Monthly Meeting on Wednesday, Jim Cramer offered his updated thinking on the stocks in the portfolio.CNBC - Business -
12 portfolio companies report earnings in the week ahead. What we want to hear from each
All three major U.S. stock indexes rose this week. Earnings are once again poised drive the week ahead.CNBC - Business -
Black and Latino workers die on the job at disproportionate rates, new report shows
Black workers’ job fatality rates are the highest they’ve been in nearly 15 years, and Latino workers die on the job more than any other group, according to a new report.NBC News - Top stories -
Microsoft cloud growth accelerates on back of AI push
Microsoft saw a pickup in the segment containing video games after buying publisher Activision Blizzard in October.CNBC - Business - Microsoft -
GDP report revives stagflation fears in the market, with growing risk of a Fed rate hike seen
Thursday’s U.S. economic data is ringing alarm bells in the minds of traders, economists and others, who are beginning to voice concerns that the world’s largest economy could be shifting into a stagflation-type of environment.MarketWatch - Business - Federal Reserve -
European football: Paris Saint-Germain claim 12th Ligue 1 title after Monaco lose
PSG extend their record after Monaco lose 3-2 at LyonFirst all-female refereeing team in Serie A for Inter matchParis Sant-Germain were confirmed as Ligue 1 champions for a record-extending 12th time on Sunday after second-placed Monaco lost 3-2 ...The Guardian - World - Europe -
Kylian Mbappe's Paris Saint-Germain claim 12th Ligue 1 title after AS Monaco lose to Lyon
Lyon's 3-2 win secures Championnat crown 24 hours after a 3-3 draw at home to Le HavreCBS Sports - Sports -
Joe Biden agrees to debate Donald Trump after weeks of uncertainty
There were doubts the 2024 US election rivals would agree to the traditional televised face-offFinancial Times - Business - Joe Biden -
Joe Biden agrees to debate Donald Trump after weeks of uncertainty
There were doubts the 2024 US election rivals would agree to the traditional televised face-offFinancial Times - World - Joe Biden -
Utah cat found in Amazon warehouse a week after sneaking into a return box
A Utah couple were purr-plexed when one day their shy cat, Galena, suddenly disappeared.NBC News - Top stories -
World Central Kitchen resuming Gaza operations weeks after deadly strike
Nonprofit organization World Central Kitchen is set to resume its aid work in Gaza, weeks after seven aid workers were killed.CBS News - World -
Rockford Is Now America's Top Housing Market After an Improbable Turnaround
The Illinois metro area, west of Chicago, was one of nearly a dozen in the Midwest ranking among the top 20.The Wall Street Journal - World -
After Caleb Williams goes No. 1, USC breaks a four-way tie for the most top picks in NFL Draft history
Six former Trojans have been taken at the top of the NFL Draft.Yahoo Sports - Sports - NFL -
3 observations after Embiid explodes for 50 points, lights up Knicks in Game 3 win
Joel Embiid lit up the Knicks for a playoff career-best 50 points Thursday night and the Sixers earned a 125-114 Game 3 victory at Wells Fargo Center.Yahoo Sports - Sports - NBA -
76ers star Joel Embiid confirms Bell's palsy diagnosis after 50-point game vs. Knicks: 'It's been tough'
Embiid has been dealing with the condition for more than a weekCBS Sports - Sports - NBA -
LeBron James' return to Olympic team sparked by chat after NBA points record
LeBron James returns to the U.S. Olympic team for the first time since 2012 London Games as the oldest men's player in American history.Yahoo Sports - Sports - NBA -
Liverpool title hopes almost over after Antonio earns West Ham a point
Is it over yet? Normally, a defensively flawed, late-season 2-2 draw would be something to savour. As far as Liverpool are concerned, though, everything feels difficult to love at the moment. The mentality monsters, the team that once flattened ...The Guardian - World -
Paul George, James Harden help Clippers hang on beat Mavs 116-111 after blowing 31-point lead
Paul George and James Harden each scored 33 points while playing key fourth-quarter roles to help the Los Angeles Clippers hold on after blowing a 31-point lead and beat the Dallas Mavericks 116-111ABC News - Sports - NBA -
What Is a ‘Decent Wage’? France’s Michelin Raises a Debate.
The tire maker vowed to ensure that none of its workers would struggle to make ends meet.The New York Times - Business -
What Is a ‘Decent Wage’? France’s Michelin Raises a Debate.
The tire maker vowed to ensure that none of its workers would struggle to make ends meet.The New York Times - Top stories -
Long-awaited $2 billion CVC debut shows the IPO market is back on track, Euronext boss says
"It is a very strong signal of the comeback of IPOs in Europe, in particular in continental Europe," Euronext's Stéphane Boujnah said.CNBC - Business -
World of Hyatt expands luxury portfolio with 700+ boutique hotels
Yahoo News - World -
Hong Kong's stock-exchange operator reported lower net profit for the second straight quarter, with poor market sentiment cutting further into trading and listing activity.
Hong Kong’s stock-exchange operator reported lower net profit for the second straight quarter, with poor market sentiment cutting further into trading and listing activity.The Wall Street Journal - World -
Prada reported an increase in revenue for the first three months of the year, despite what the luxury brand called a more challenging market environment.
Prada reported an increase in revenue for the first three months of the year, despite what the luxury brand called a more challenging market environment.The Wall Street Journal - World -
10-year Treasury yield slips after latest U.S. inflation report
U.S. Treasury yields fell on Friday as investors digested Thursday’s gross domestic product report and the PCE data.CNBC - Business -
Nio’s stock jumps after report of China’s plan to boost EV sales
Shares of Nio Inc., and those of other China-based electric-vehicle makers, powered higher Friday, after a report that China reportedly plans to provide car owners with an incentive to buy EVs.MarketWatch - Business - China -
Tornados leave trail of destruction as 4 injured, hundreds of homes damaged
A multi-day tornado outbreak continued Saturday with powerful storms expected from Texas to the Great Lakes.ABC News - Top stories