Leading cryptocurrencies tumbled, while stocks closed higher on Tuesday, as investors awaited the Federal Reserve’s minutes from January’s policy meeting.
Investors are looking ahead to a slew of economic data on Wednesday, including housing starts, building permits, durable-goods orders, and industrial production.
In a historic moment for the global healthcare industry, Eli Lilly and Company (NYSE:LLY) has officially cemented its position as the world’s first pharmaceutical company to surpass a $1 trillion market capitalization. This monumental achievement, finalized in early February 2026, marks a paradigm shift in how investors value
As of February 17, 2026, the global financial landscape is witnessing a historic realignment as gold prices solidified their position at a record $4,900 per ounce. This massive rally, which saw the precious metal briefly pierce the $5,000 psychological barrier earlier this month, represents a fundamental shift in
The financial world is grappling with a paradigm shift following President Donald Trump’s nomination of Kevin Warsh to succeed Jerome Powell as Chair of the Federal Reserve. The announcement, which occurred on January 30, 2026, sent immediate tremors through global debt markets, an event now colloquially known as the
The American consumer, long the undisputed engine of global economic growth, appears to have hit a significant roadblock. In a data release that sent tremors through Wall Street this mid-February 2026, the Department of Commerce reported that retail sales for the previous period were officially flat, coming in at a
The U.S. financial markets shifted into high gear this week following a pivotal inflation report that suggests the Federal Reserve’s long-standing battle against rising prices may finally be entering its final chapter. The Bureau of Labor Statistics revealed on February 13, 2026, that the Consumer Price Index (CPI)
A number of stocks fell in the afternoon session after investor fears over artificial intelligence disrupting the software industry sparked a broad sell-off.
A number of stocks fell in the afternoon session after investor fears over artificial intelligence disrupting the software industry sparked a broad sell-off. The anxiety stemmed from the rapid adoption of new 'agentic AI' tools, which some investors believed could dismantle traditional Software-as-a-Service (SaaS) business models. This 'AI Panic' led to indiscriminate selling across the sector. The market move reflected growing concerns about the downside of the AI boom for established software companies.
A number of stocks fell in the afternoon session after investor fears over artificial intelligence disrupting the software industry sparked a broad sell-off.
The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +0.10%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.13%. March E-mini S&P futures (ESH26 ) rose +0.12%, and...
The dollar index (DXY00 ) on Tuesday rose to a 1-week high and finished up by +0.25%. Weakness in the euro and the British pound on Tuesday was supportive for the dollar after both currencies fell to 1-week lows. Also, hawkish Fed comments boosted...
Nobel Prize-winning economist Paul Krugman called President Donald Trump’s nomination of Kevin Warsh as Fed Chair “a big humiliation for the Fed” in a new interview on the Monetary Matters podcast.
Shares of AI lending platform Upstart (NASDAQ:UPST) jumped 3.7% in the afternoon session after Compass Point upgraded the stock to Neutral from Sell and raised its price target.
