Southwest Airlines forecasts surge in 2026 profits after new seat, bag fees take hold
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DoubleLine’s Jeffrey Gundlach sees no more Fed rate cuts under Jerome Powell
Powell has just two policy meetings left as chair — in March and April — before his term expires.
Tesla to invest $2 billion in xAI, Elon Musk’s OpenAI competitor
In its earnings report on Wednesday, Tesla said it invested $2 billion in xAI, Elon Musk’s artificial intelligence startup.
Investors will have to wait a bit longer for any rate cuts this year
The Fed’s first meeting of the year wrapped up Wednesday, showing a more hawkish consensus taking shape among policymakers.
Powell says Cook Supreme Court case is the most important in the Fed’s 113-year history
Treasury Secretary Scott Bessent has called Powell’s decision to attend a “mistake,” accusing Powell of politicizing the case.
ServiceNow reports better-than-expected fourth-quarter results
ServiceNow announced an expanded partnership with Anthropic about a week after it inked a similar deal with competitor OpenAI.
Meta’s Reality Labs posts $6.02 billion loss in fourth quarter
Meta’s Reality Labs posts $6.02 billion loss in fourth quarter.
IBM beats fourth-quarter estimates, forecasts 5% revenue growth in 2026
IBM CEO Arvind Krishna said the company’s generative artificial intelligence book of business hit more than $12.5 billion.
Meta beats on top, bottom lines, gives stronger-than-expected forecast
Meta reported fourth-quarter earnings, and investors will be looking for any signs that its new AI strategy will benefit the company in the new year.
Where to still find solid yields on cash as the Fed holds rate steady
Some money market funds yield over 3.5%, while certain certificates of deposit offer annual percentage yields of 4%.