Meta shares tumble 10% as AI spending drains free cash flow
Meta shares fell 10% on Wednesday after second-quarter costs jumped 55% and free cash flow dropped 91%, leaving investors to…
Indices News
News about stock market indices (S&P 500, Nasdaq, Dow Jones, etc.)
Wall Street indexes post worst ‘Fed Day’ since December 2024 as three Fed officials vote to hike
Wall Street's major indexes turned in their worst "Fed Day" performance since December 2024 after the Federal Reserve held interest…
Treasury yields hit highest level since 2007 as Fed holds rates and stocks slide
The 30-year Treasury yield touched its highest level since 2007 while Federal Reserve Chair Kevin Warsh took questions on Wednesday,…
S&P 500 edges higher as Fed holds rates steady and three officials dissent
The S&P 500 gained 0.2% on Wednesday after the Federal Reserve left interest rates unchanged, while the Dow Jones Industrial…
Retail investors sell stocks at fastest pace since COVID crash, Vanda Research says
Individual investors recorded their largest day of net selling of single stocks since the COVID crash on Tuesday, according to…
