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The S&P 500 and Dow extend their losing streaks to a fourth day. Are stocks headed for a full 10% correction?
Over 320 of the S&P 500’s components ended trading at least 10% below their 52-week highs on Tuesday, while the index was off 4% from its recent high
Hidden costs of homeownership jump, tightening the squeeze on buyers
Hidden homeownership costs hit nearly $16,000 annually nationwide as the housing affordability crisis deepens, with maintenance and insurance driving expenses higher.
Nvidia earnings have become crucial to the stock market — and this time even more so
AI stocks are under pressure as investors await a big rate-cut decision. Nvidia will look to steady the ship when it reports results on Wednesday afternoon.
Dow closes down nearly 500 points as AI bubble fears hammer stocks
Stocks closed markedly lower on Tuesday as fears of a bubble in artificial intelligence technology hammered markets for a fourth consecutive trading day. The Dow Jones Industrial Average dropped 498
AI-related layoffs could threaten prime borrowers, Klarna CEO warns
Klarna CEO Sebastian Siemiatkowski warned that artificial intelligence-related layoffs could hurt prime borrowers as white-collar workers face job cuts.
Nvidia set for $320 billion price swing after earnings, options indicate
Nvidia's earnings report on Wednesday could trigger a $320 billion swing in the chipmaker's market value — the largest post-earnings move ever for the AI giant — as investors seek signals about
Two more ‘Magnificent Seven’ stocks are now in correction territory as the AI trade unwinds
With 10%-plus drops off their recent closing highs, Amazon and Nvidia shares have joined Tesla shares in correction territory. Meta’s stock is already in a bear market.
DJT Stock Has Cratered, Wiping Out More Than $5 Billion in Trump Family Wealth
The Trump family’s holdings at their peak in mid-May 2024 were worth nearly $6.5 billion. Their value has fallen by more than $5.3 billion since then. DJT stock has repeatedly h
Trump says US is in a 'golden age' as 'prices are coming down'
President Donald Trump addressed affordability in America during a speech at the McDonald's Impact Summit in Washington, D.C., on Monday evening.
Brazil's central bank shuts down $16-billion bank following federal fraud investigation
Brazil’s government on Tuesday shut down Banco Master, a bank worth up to $16 billion in assets, following a sprawling federal police fraud investigation. Central Bank executive Fabio Carlos Ferreira
Home Depot’s business is stuck. That’s a bad sign for the economy
Consumers are cutting back on remodeling projects and big home upgrades. That’s hurting Home Depot’s business.
Why is Kim Kardashian's Skims worth $5 billion?
Skims, the apparel brand co-founded by Kim Kardashian, recently completed a capital raise that valued the company at $5 billion, according to Goldman Sachs.
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