Elon Musk took the stand in a shareholder trial on Wednesday in San Francisco, where he’s accused of making false and misleading statements that drove down Twitter’s stock price before he bought the social media platform for $44 billion in 2022. The lawsuit was filed in October 2022 in the U.S. District Court for the … Read more
U.S. stock futures tumbled in premarket trading Monday as global oil prices soared amid signs that U.S.-Israel military strikes in Iran were expanding across the region, raising concerns about potential disruptions to global petroleum supplies. Futures for the S&P 500 and Dow Jones Industrial Average sank 1.1% in premarket trading, while the Nasdaq Composite sank 1.6%. Oil … Read more
The price of oil surged Sunday after U.S. and Israeli strikes on Iran, which killed its supreme leader. U.S. crude oil soared 12%, while Brent, the international oil benchmark, surged 14% after trading began at 6 p.m. ET. Sunday. Even before the weekend’s escalation, oil prices had risen 17% this year off President Donald Trump’s … Read more
Stock markets react to Trump’s State of the Union address – CBS News Watch CBS News President Trump touted U.S. economic gains during his State of the Union address on Tuesday. Axios national correspondent Emily Peck joins CBS News with more on Mr. Trump’s remarks about the stock market. Source link
NEWYou can now listen to Fox News articles! President Donald Trump called out insider trading on Capitol Hill during his address, urging Congress to “pass the Stop Insider Trading Act without delay” while also taking a shot at Speaker Emerita Nancy Pelosi. “Let’s also ensure that members of Congress cannot corruptly profit from using insider … Read more
CNN — Shares of Google-parent Alphabet fell more than 3% in early trading Monday after a report sparked concerns that its core search engine could lose market share to AI-powered rivals, including Microsoft’s Bing. Last month, Google employees learned that Samsung was weighing making Bing the default search engine on its devices instead of Google’s … Read more