business news
Asia-Pacific markets set for another weak session as tech sell off deepens after Wall Street rout
Top Justice Department antitrust officials have decided to ask a judge to force Alphabet Inc.’s Google to sell off its Chrome browser in what would be a historic crackdown on one of the biggest tech companies in the world. Gabby Jones | Bloomberg | Getty Images Australia’s S&P/ASX 200 showed signs of weakness, falling 1.57% in […]
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Crypto bill talks picking up in Senate after clearing a key vote, Sen. Boozman says
Senate Agriculture Committee Chairman John Boozman, R-Ark., said he feels “very strongly” about reaching Senate agreement — likely this year — on a cryptocurrency market structure bill, even after Democrats backed out of supporting the version his committee advanced last week. “Everybody is really working hard right now and I think getting it through a committee […]
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Stock futures drop as Amazon slide adds to Wall Street’s tech woes: Live updates
Traders work at the Nasdaq on Feb. 4th, 2026. Adam Jeffery | CNBC Stock futures retreated Thursday night as Amazon shares tumbled following earnings and investors hedged bets following a broad market sell-off. Dow Jones Industrial Average futures lost 110 points, or 0.2%. S&P 500 futures lost 0.5%, while Nasdaq 100 futures sank 1%. Amazon […]
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Amazon cloud unit beats on revenue and profit as parent company ramps up AI spending
Amazon Web Services CEO Matt Garman delivers a keynote address at the AWS re:Invent conference in Las Vegas on Dec. 2, 2025. Noah Berger | Amazon Web Services | Getty Images Amazon said Thursday that revenue from its cloud unit increased almost 24% in the fourth quarter, topping analysts’ estimates. Amazon Web Services generated $35.58 […]
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Sen. Slotkin refuses DOJ interview request over troops video: ‘The intimidation is the point’
Sen. Elissa Slotkin, D-Mich., is seen in the U.S. Capitol on Wednesday, Feb. 4, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images Sen. Elissa Slotkin of Michigan said Thursday that she had refused to sit for a requested interview with the Department of Justice for its investigation over a video in which she […]
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Roblox shares rocket 20% on earnings beat, strong forecast
Roblox Corp. headquarters in San Mateo, California, US, on Tuesday, Feb. 3, 2026. David Paul Morris | Bloomberg | Getty Images Roblox shares surged as much as 20% in extended trading Thursday after the company reported results for the fourth fiscal quarter that beat consensus estimates. Here’s how the gaming company did, compared with estimates […]
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Stocks making the biggest moves after the bell: Amazon, Reddit, Molina Healthcare, Fortinet and more
Check out the companies making headlines in extended trading. Amazon — Shares tumbled 9% after the ecommerce giant reported $1.95 in earnings per share in the fourth quarter, narrowly missing the consensus forecast of $1.97 per share from analysts polled by LSEG. Amazon also said to expect $200 billion in capital expenditures for 2026. Reddit […]
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Reddit reported fourth-quarter earnings and revealed strong guidance and $1 billion buyback
Sopa Images | Lightrocket | Getty Images Reddit shares rose 6% and then receded to flat in after-hours trading on Thursday after the company reported fourth-quarter earnings that beat on the top and bottom lines and gave strong guidance for the start of 2026. Here’s how the company did compared with LSEG estimates: Earnings per […]
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The White House is launching direct-to-consumer drug site Trump Rx. Here’s what to know
U.S. President Donald Trump makes an announcement from the Oval Office at the White House in Washington, D.C., U.S. Nov. 6, 2025. Jonathan Ernst | Reuters President Donald Trump on Thursday is slated to announce the launch of TrumpRx – a direct-to-consumer website that is key to his administration’s efforts to lower prescription drug costs […]
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