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Microsoft Corp.’s stock fell more than two percent Wednesday after a report suggested that the company’s artificial intelligence software sales fell short of growth expectations, raising questions about the adoption of AI tools in traditional business settings. The Information reported that many of Microsoft’s sales staff did not meet targets for the company’s Foundry product, … Read more
The US dollar was set for its ninth straight decline on Wednesday as traders increasingly bet on Federal Reserve rate cuts following a series of economic data points and signals of a more dovish monetary policy stance. Investors also weighed the growing prospect of a new Fed chair, adding complexity to expectations for future policy … Read more
Michael and Susan Dell have pledged $6.25 billion to fund investment accounts for at least 25 million American children, marking one of the largest charitable donations in the nation’s recent history. The funds will support so called “Trump Accounts,” a program set to launch in 2026, which allows parents to manage investment accounts on behalf … Read more
Boeing stock rose sharply Tuesday after the company’s chief financial officer said the planemaker expects higher deliveries of its 737 and 787 aircraft next year, signaling renewed confidence as the company works to stabilize output and restore trust across its supply chain. CFO Jay Malave told investors at a UBS conference that Boeing anticipates stronger … Read more
US stocks sank on Monday as investors pulled back from risk assets and the late November rebound hit resistance on the first trading day of December. Major indexes slid in early trading, led by declines in technology shares and a deepening bitcoin slump, widening concerns that a typically strong month for equities may not follow … Read more
LONDON — European markets opened the final month of the year in negative territory Monday, with defense stocks leading declines as investors assessed renewed momentum in peace negotiations over Ukraine and awaited signals from the US Federal Reserve. The Stoxx 600 slipped about 0.3 percent shortly after markets opened in London, extending pressure that had … Read more
Global equities retreated Monday as a sharp selloff in cryptocurrencies and renewed concerns over monetary tightening in Japan rattled investor confidence. Stocks drop across major regions, with US futures pointing lower and European benchmarks slipping at the open. The downturn came as Bitcoin fell more than five percent, adding fresh strain to already fragile market … Read more
Sergey Brin, co-founder of Google and a billionaire investor, has donated more than $1.1 billion worth of Alphabet Inc. stock to charitable causes, a regulatory filing disclosed Friday. Most of the contribution, roughly $1 billion, will benefit Catalyst4, a nonprofit Brin established in 2021 to fund research into central nervous system diseases and climate change … Read more
SEOUL — South Korea exports rose sharply in November, surprising analysts and continuing a strong streak of trade growth. Exports climbed eight point four percent from a year earlier to US$61.04 billion, according to data released Monday by the Ministry of Trade, Industry and Energy. The surge was led by a record high in semiconductor … Read more
Oil prices surged Monday following OPEC+’s decision to maintain current production levels for the first quarter of 2026, signaling caution amid concerns of a potential supply surplus. Brent crude futures rose 94 cents, or 1.51 percent, to $63.32 per barrel by 2327 GMT. US West Texas Intermediate crude increased 90 cents, or 1.54 percent, reaching … Read more
