Asia-Pacific markets open mixed after OPEC shock, tech jitters drag Wall Street lower
Optimism around tech stocks took hit as the Wall Street Journal reported that OpenAI’s revenue and new users growth was below its own targets.
Here’s everything to expect when the Fed issues its latest interest rate decision Wednesday
In what could be Jerome Powell’s final meeting as Fed chair, he and his fellow policymakers are likely to continue their cautious approach.
Starbucks raises full-year outlook after earnings, revenue top estimates
Starbucks’ global same-store sales, which only includes cafes open at least a year, increased 6.2%, fueled by more visits to its locations.
These bonds protect against inflation. How to optimize them for your portfolio
Treasury inflation-protected securities are back in the mix as investors grapple with worries over higher prices.
UAE’s shock OPEC exit: What it means for the oil cartel’s future and for crude prices
The UAE wants to ramp up production without constraints from OPEC, which could prove bearish for prices at some point.
FCC begins review of Disney broadcast licenses years ahead of schedule
The Federal Communications Commission has told Disney to file its broadcast license renewals early, citing concerns around its DEI policies.
Ex-FBI Director James Comey indicted for his ‘8647’ seashell post on Instagram
Trump had accused Comey of “calling for the assassination of the president” by sharing the image of the numbers in the May 15 Instagram post.
OpenAI brings its models to Amazon’s cloud after ending exclusivity with Microsoft
OpenAI’s generative AI models are becoming available on Amazon’s cloud a day after the AI company revamped its relationship with longtime partner Microsoft.
OpenAI’s growth may be sputtering. These are the stocks most at risk
Oracle, Amazon, Microsoft could see hiccups as other chatbots gain market share
Jamie Dimon warns of ‘some kind of bond crisis’ ahead as global debt risks build
Dimon, who runs JPMorgan Chase, the world’s largest bank by market cap, said that today’s growing mix of risks could combine in unpredictable ways.