Nowhere to hide: Tech selloff hits software and chip stocks alike
The software and semiconductor sectors haven’t been trading in tandem much this year, but they collectively fell Friday as AI and interest-rate fears hit the market.
Headlines from nine financial newsrooms, read by Intratio AI against the latest US macro data.
The software and semiconductor sectors haven’t been trading in tandem much this year, but they collectively fell Friday as AI and interest-rate fears hit the market.
Money is pouring in and funding intense, negative ads: “It’s everywhere, and you can’t escape it.”
Anthropic and New York City’s comptroller have opened a line of communication to discuss “existential risks” posed by AI and what that could mean for the company’s future stock.
Hot CPI and PPI data should have pushed Treasury yields higher. Instead, bond buyers stepped in to suggest yields have risen high enough to become attractive for investors.
Zacharia was on shaky ground from her first White House press conference and over questions about her claims of being a lawyer despite not passing a bar exam.
New proposals from the Securities and Exchange Commission will tilt the scales in favor of Wall Street and against a huge group of retail investors.
“My plan is to continue working as long as I’m able to do so and invest my Social Security benefits while I’m still earning a paycheck.”
Deliveries of the $2,000 Duo slip to 2027 within hours of going on sale
Thinking of buying the dip in technology stocks? The Nasdaq Composite’s technical outlook suggests don’t do it — at least not yet.
Oil prices jump on reports that Saudi Arabia-led forces intercepted and destroyed missiles aimed at important energy hubs
AI trade jitters send investors scrambling for government debt in a move that halts a months-long Treasury sell-off
CoreWeave’s bond yields and credit default swaps have surged as its stock sells off. Here’s what those credit signals mean for stock investors.
Ukrainian officials complained this week that SpaceX had limited internet connectivity without advance notice.
Exit comes amid deepening turmoil for White House as midterm elections loom
Investors aren’t giving EchoStar enough credit for the value of its future SpaceX stake or its potential to strike more spectrum deals, an analyst argues.
U.S. crude oil prices rose sharply Friday as Iran escalated attacks in the Strait of Hormuz this week.
New research finds debt payments rose far faster than estimated real household income, absorbing about half of a one-earner household's gains.
Spending all your cash first can make your income surge in later years.
The 3.6% COLA for 2027 is aimed at helping more than 68 million beneficiaries keep pace with the cost of living
Washington Post journalist among those injured during violence in the Palestinian territory
Peter Rice brings a wealth of experience in TV and film, including scripted and unscripted shows, live sports, prestige television and theatrical distribution.
SpaceX head of global government affairs for AI Gabriela Castillo Madrid faced critical questions from the New York City Council on Friday.
The sell-off in AI-related stocks pushed the VIX above 22 for the first time in four months. A cluster of trades suggests it could go even higher.
Younger Americans face higher inflation and housing costs than baby boomers, widening the affordability divide ahead of the 2026 midterm elections.
Apple’s $1,999 iPhone Duo is drawing early demand as analysts assess whether the foldable can lift iPhone pricing and revenue.
After a 27.5% drop from last Friday's close to this Thursday morning's 52-week lows, followed by a 17% rebound, equity traders holding CoreWeave are dazed.
Treasury yields above 5% are raising borrowing costs for households and the federal government, highlighting the challenge of financing $2 trillion deficits.
The takeover of the bank by UniCredit is only the start
Trump-aligned groups and Elon Musk have poured hundreds of millions into the midterm election, but the GOP spending surge has barely moved polls or the map.
The NBA is tightening restrictions on bets and deploying AI to help identify suspicious wagering, according to two documents obtained by CNBC.
Kalshi odds for a Tesla-SpaceX merger rose above 50% for early 2027 as Barclays outlined how a deal could work.
The U.S. raised market access issues for Mastercard and Citigroup in China during bilateral meetings in Bangkok this week, a U.S. Treasury official says.
The 29-year-old in charge of the company’s Superintelligence Labs is being touted as a potential successor to Mark Zuckerberg
AI "amplifies" existing cybersecurity risks toward U.S. digital infrastructure, Clayton said on "Squawk Box."
Wealthy investors are flocking to tax-aware long short strategies, adding billions into these super-powered versions of tax-loss harvesting accounts.
Elon Musk first debuted the Roadster refresh concept in 2017 but Tesla has since missed every targeted delivery date.
FDA-approved gene therapies for sickle cell disease offer a chance to help patients, but factors including cost and access have slowed their use.
US lenders fear chatbots could shift billions of dollars in deposits to higher-yielding accounts
Mandy Fields, E.l.f. Beauty CFO, says E.l.f. is staying true to its mission of making beauty accessible and is using social media to create brand awareness.
Blue Origin said it's targeting multiple flights per week of its New Glenn rocket by the end of the decade.
Stock Market Today (Oct. 16, 2026): S&P 500 edges higher as tech stocks struggle Yahoo Finance Singapore
The spread is widening between AI leaders OpenAI and Anthropic as a sell-off in CoreWeave leads neocloud stocks lower.
Warsh refrained from signaling another interest rate hike this month, pointed to a "synchronous tightening" by central banks in the fight against inflation.
Elon Musk gave a record $158 million to the GOP’s Senate Leadership Fund, boosting its war chest as Republicans pour money into Texas to defend Ken Paxton.
Nvidia has a near monopoly over the most powerful AI chips and Huang courts tech execs and world leaders with ease.
KFC is switching from PepsiCo to Coca-Cola as its beverage supplier for U.S. restaurants.
Nike announced earlier this month that it's expanding into India. The retailer has been broadly struggling, especially in the China market.
Existing ethical rules mean the fund is not permitted to invest in companies like Lockheed Martin and Boeing.
US president’s trade war has become an albatross for his party in crucial midterm election races
Trump said he would not use nuclear weapons against Iran or send ground troops as the U.S. reportedly weighs new strike options.
Finance ministers agree to hold tabletop drills to prepare against future cyber attacks
Companies wanted a president who would cut taxes and rules, they got one who has blown holes in free trade and global alliances
PrivatBank is a case study in adaptation
Another commodity shock from the Iran war
A crackdown on aggressive debt collectors is good news and bad news
In a sovereign-debt crisis, even understanding politics may not be enough
Two “New Keynesians”, Robert Hall and Michael Woodford, win the highest honour in economics
It is easy to exaggerate their economic woes
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