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Stocks Slide as Markets Digest Kevin Warsh as Next Fed Chair

Markets Pull Back on Fed Leadership Shift U.S. stocks moved lower Friday as Wall Street assessed the implications of Kevin Warsh emerging as the next chair of the Federal Reserve, a development that rattled rate expectations and currency markets. The

Sandisk Sees AI-Driven Demand Lifting Outlook, Extends Deal

Sandisk Raises the Bar on AI-Linked Storage Demand Sandisk (SNDK) issued a fiscal third-quarter outlook that topped Wall Street expectations, pointing to a sharp improvement in both sales and profitability as demand for data storage accelerates alongside the AI buildout. For

Apple Tops Estimates on iPhone Demand, China Rebound

Apple Tops Estimates on iPhone Demand, China Rebound

Apple’s Quarter: iPhone Strength Drives the Beat Apple (AAPL) posted a stronger-than-expected fiscal first quarter (ended December 27), with results boosted by strong iPhone demand and a sharp rebound in Greater China. The company beat Wall Street expectations for both revenue and earnings per

Eli Lilly Plans Six U.S. Plants, Administration Says

Eli Lilly Signals More U.S. Manufacturing With Six Plants

What Was Said And Why It Matters During a cabinet meeting at the White House, the U.S. President said he spoke with the head of Eli Lilly (LLY) and was told the company is building six plants in the United States. The comments point to continued momentum behind

Tech Rout Hits Wall Street as Microsoft Selloff Drags Indexes Lower

Wall Street Sinks as Tech Takes the Hit U.S. stocks fell sharply in mid-morning trading Thursday, led by a renewed selloff in large-cap technology after investors digested earnings from the sector’s most influential names. The tech-heavy Nasdaq Composite bore the

S&P 500 Breaks 7,000 as AI Trade Accelerates Ahead of Fed Decision

S&P 500 Touches 7,000 as AI Momentum Builds U.S. stocks pushed higher Wednesday, briefly lifting the S&P 500 above the 7,000 level following a record close. The milestone move reflected renewed enthusiasm around artificial intelligence spending, just hours before the

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