YouTube offers voluntary buyouts as company reorganizes around AI
In an internal memo to staff, YouTube CEO Neal Mohan said the platform is reorganizing its product teams for the first time in a decade.
Chipotle stock plunges 13% as chain lowers sales forecast, says younger diners are cutting back
Shares of Chipotle have tumbled 33% this year, dragging its market value down to roughly $54 billion.
Stocks making the biggest moves after hours: Alphabet, Meta, Starbucks, Microsoft and more
These are the stocks posting the largest moves in extended trading.
Microsoft takes $3.1 billion hit from OpenAI investment
Microsoft and OpenAI are key partners in cloud and artificial intelligence, but they’re increasingly becoming competitors as well.
Trump-Xi meeting nears with high stakes and hopes, but few details
The bilat with President Donald Trump and Chinese President Xi Jinping comes just as a recent flare-up in U.S.-China trade relations has appeared to calm down.
Santoli’s market wrap-up: Bull market’s core tenets remain intact despite December Fed uncertainty
Insatiable AI demand, Fed lowering rates and trade worries easing keep the bull case in place for stocks.
Powell rains on bulls’ parade. What investors and economists are saying
Stocks came off their highs after Federal Reserve Chair Jerome Powell made a point of saying that a December rate cut isn’t a ‘foregone conclusion.’
Meta shares drop despite revenue beat
Meta reported third-quarter earnings on Wednesday and investors will be watching for any signs that it will increase spending on artificial intelligence.
Powell says AI is different from dotcom bubble and is major source of economic growth
Powell says AI is different from dotcom bubble and is major source of economic growth
Northside CIO Jim DeWolfe says investors are turning to alternatives as 60/40 portfolio falls short
Performance from the classic 60/40 mix of global stocks and bonds isn’t enough to meet the long-term return targets of most investors today, DeWolfe said.