Moderna stock plunges nearly 17% after company lowers 2025 sales forecast by $1 billion
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Kate Middleton shares health update nearly 1 year after announcing cancer diagnosis
Kate announced her cancer diagnosis in March and underwent chemotherapy.ABC News - 4h -
Moderna’s stock tumbles to post-COVID lows after revenue outlook disappoints
Moderna’s stock tumbles after a disappointing outlook for revenue and the need to accelerate its cost-cutting plan.MarketWatch - 1d -
Stock market plunges after better-than-expected December jobs report
The Labor Department reported Friday that 265,000 jobs were added to the U.S. economy in December, which was roughly 100,000 more than expected. The unemployment rate also fell to 4.1%. CBS News ...CBS News - 3d -
Constellation’s stock soared on AI hopes. Now the energy company is using those gains to buy Calpine in $16 billion deal.
Constellation Energy Corp., an electricity provider whose stock has doubled over the last year on hopes it will help meet the voracious energy demand created by artificial-intelligence ...MarketWatch - 4d -
Quantum stocks like Rigetti plunge after Nvidia's Huang says the computers are 15 to 30 years away
Quantum computing stocks dropped Wednesday after Nvidia CEO Jensen Huang declared that useful quantum computers are likely decades in the future.CNBC - 6d -
Getty’s stock soars 42% after image company agrees to merge with Shutterstock in $3.7 billion deal
The deal is expected to generate annual cost synergies of $150 million to $200 million by year three and to boost earnings and cash flow by year two.MarketWatch - Jan. 7 -
Foreign phone sales plunge 47% in China, spelling trouble for Apple
Apple is under pressure in China as a result of rising competition from domestic brands, in particular Huawei.CNBC - Jan. 3 -
Brompton profits almost wiped out after lower UK and Europe sales
British folding bike specialist cites economic headwinds and sector’s challenges as earnings drop below £5,000Financial Times - Jan. 2 -
The 17 Best EVs Coming in 2025
After Jaguar’s chaotic relaunch and the pomp and theater of Tesla’s Cybercab reveal party, it’s hard to imagine the coming year will top 2024—until you see our picks for the best EVs of 2025.Wired - Jan. 1
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Meta announces 5% cuts in preparation for 'intense year' — read the internal memo
Meta will cut about 5% of its staff, focusing on its lowest-performing workers, CNBC confirmed.CNBC - 4h -
Intel to spin off venture capital arm as chipmaker continues to restructure
Intel said on Tuesday that it plans to spin off Intel Capital, its venture capital wing, into an independent firmCNBC - 42m -
Budget deficit rose in December and is now 40% higher than it was a year ago
For the final calendar month of 2024, the shortfall totaled $86.7 billion, which actually represented a 33% decline from a year prior.CNBC - 2h -
Microsoft pauses hiring in U.S. consulting unit as part of cost-cutting plan, memo says
Microsoft plans to pause hiring in part of its consulting business in the U.S., according to an internal memo, as the company seeks ways to reel in expenses.CNBC - 39m -
Trump says he'll create 'External Revenue Service' to collect tariffs, foreign revenue
President-elect Donald Trump has reportedly contemplated declaring a national economic emergency to implement tariffs.CNBC - 45m
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Bond ETFs are down in 2025 ahead of highly anticipated U.S. inflation data
The U.S. bond market is broadly down so far this year, with funds that provide exposure to fixed-income assets hurt by a recent rapid ascent in Treasury yields.MarketWatch - 25m -
Mark Wiedman, a top BlackRock exec thought to be Fink's successor, is leaving the company
Wiedman, head of the global client business, was instrumental in driving BlackRock's growth in passive investing.CNBC - 29m -
This Founder Is Hustling to Turn LA’s Swimming Pools Into Fire Hydrants
As demand triples, Brushfire Battle Systems is scrambling to fill orders.Inc. - 32m -
Microsoft pauses hiring in U.S. consulting unit as part of cost-cutting plan, memo says
Microsoft plans to pause hiring in part of its consulting business in the U.S., according to an internal memo, as the company seeks ways to reel in expenses.CNBC - 39m -
Intel to spin off venture capital arm as chipmaker continues to restructure
Intel said on Tuesday that it plans to spin off Intel Capital, its venture capital wing, into an independent firmCNBC - 42m