Blockbuster social media trial kicks off, with more to come this year

A landmark case against social media giants Meta, Alphabet’s YouTube and TikTok is set to begin Tuesday in Los Angeles Superior Court.
Pinterest laying off 15% of workforce in push toward AI roles and teams

The company said it’s “reallocating resources” to roles and teams focused on artificial intelligence.
Stocks making the biggest moves premarket: Humana, Corning, General Motors, Boeing & more

These are the stocks posting the largest moves in early trading.
P&G downgraded because of consumers’ affordability issues and Trump’s immigration policies

TD Cowen downgraded shares of P&G to hold.
Meta inks deal to pay Corning up to $6 billion for fiber-optic cables in AI data centers

Corning, a 175-year-old glassmaker known for supplying iPhone glass, is now at the center of the AI infrastructure boom with a new type of fiber-optic cable
Fed is likely to lower rates only two more times, even under Trump’s next chair pick: CNBC Fed survey

Forecasters don’t believe the next Fed chair installed by President Donald Trump will drive down overnight rates towards the low levels demanded by the president.
American Airlines projects revenue growth for 2026, misses earnings estimates for fourth quarter

American expects to earn 7% to 10% more revenue in the first three months of 2026.
Apple, Google host dozens of AI ‘nudify’ apps like Grok, report finds

A tech watchdog organization found 55 nudify apps on Google Play and 47 in the Apple App Store.
CoreWeave gets an upgrade from Deutsche Bank following Nvidia investment

Analyst Brad Zelnick upgraded the artificial intelligence infrastructure provider to buy from hold.
Boeing is set to report earnings before the bell. Here’s what Wall Street expects

Boeing’s aircraft deliveries have surged over the past year as the manufacturer expects to continue to increase production.