business news
Alphabet boosts debt sale again as total raise exceeds $30 billion, sources say
Sundar Pichai, chief executive officer of Alphabet Inc., during the Bloomberg Tech conference in San Francisco, California, US, on Wednesday, June 4, 2025. David Paul Morris | Bloomberg | Getty Images Alphabet’s debt sale keeps getting bigger. The company is close to finalizing a global bond issuance in excess of $30 billion, according to two […]
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The AI threat wrecked software stocks. Now financial stocks look next with LPL down 11%
Traders work at the New York Stock Exchange on Feb. 10, 2026. NYSE Shares of financial services firms tanked Tuesday after the launch of a new tax planning tool powered by artificial intelligence that promises to do the work “within minutes.” LPL Financial tumbled nearly 11%, while Charles Schwab and Raymond James Financial both dropped […]
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Stocks making the biggest moves midday: Ferrari, Incyte, S&P Global, Datadog, BP and more
Check out some of the companies making the biggest moves midday: Amentum Holdings — The defense contractor tumbled about 12% after fiscal first-quarter revenue and adjusted EBITDA missed Wall Street analysts’ consensus estimates, according to FactSet data. BP Plc — The British oil major suspended its buyback program , deciding to use the cash instead […]
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GOP anxiety over Trump tariffs tests House Speaker Johnson in upcoming vote
U.S. House Speaker Mike Johnson (R-La.) speaks with reporters as the House votes to end the partial government shutdown on Capitol Hill in Washington, D.C., U.S., Feb. 3, 2026. Kylie Cooper | Reuters House Republican leaders are in danger of an embarrassing loss on a procedural vote Tuesday afternoon because fellow GOP lawmakers are balking […]
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We’re taking solid profits in one big tech stock and buying more of another
We’re making two trades Tuesday. We’re selling 100 shares of Cisco Systems at roughly $87 each, decreasing its weighting in Jim Cramer’s Charitable Trust to about 2% from about 2.18%, and decreasing our portfolio share count of CSCO to 900. We’re also buying 30 shares of Alphabet at roughly $318 each, increasing its weighting in […]
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UK’s latest political standoff threatens to put a ‘Damocles sword’ over Britain’s bond market, investors warn
U.K. Prime Minister Keir Starmer leaves Downing Street on February 02, 2026 in London, United Kingdom. Alishia Abodunde | Getty Images News | Getty Images UK Prime Minister Keir Starmer is defying calls for his resignation, but an analyst has warned of a “Damocles sword” hanging over the influential bond market until it’s clear who […]
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Elon Musk’s xAI loses co-founder Tony Wu in latest senior departure
Jaap Arriens | Nurphoto | Getty Images Elon Musk’s xAI has lost another founding member. Tony Wu announced late on Monday that he resigned from the artificial intelligence startup, becoming the latest co-founder to leave the company. Others, including Igor Babuschkin, Kyle Kosic and Christian Szegedy, have also departed, and Greg Yang announced last month […]
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Trump Commerce Sec. Lutnick admits visiting Epstein island during family vacation
Trump administration Commerce Secretary Howard Lutnick on Tuesday admitted he and his family had lunch on the private island of notorious sex offender Jeffrey Epstein years earlier. “I did have lunch with him, as I was on a boat going across on a family vacation” in 2012, Lutnick said in testimony before the Senate Appropriations […]
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Jeffrey Epstein has sparked a political crisis threatening the UK government. Here’s what’s happening
British Prime Minister Keir Starmer (R) talks with then-ambassador to the United States Peter Mandelson during a welcome reception at the ambassador’s residence on February 26, 2025 in Washington, DC. Carl Court | Getty Images News | Getty Images The release of further Epstein files last week triggered a series of events that left U.K. […]
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EPA set to revoke ‘endangerment finding’ that underpins all climate regulation
The sun sets behind burning gas flares at the Dora (Daura) Oil Refinery Complex in Baghdad on December 22, 2024. Ahmad Al-rubaye | Afp | Getty Images The Environmental Protection Agency moved to finalize the revocation of a critical scientific finding that undergirds the U.S. government’s climate regulations and ability to regulate greenhouse gases, the […]
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