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CrowdStrike, AMD among the rare S&P 500 gainers in a sea of red

To say that the stock market’s breadth was bad, on a day the S&P 500 index had its worst day in a year, would be an understatement.

Stock market’s losses are unlikely to last, as AI trade comes roaring back

The artificial-intelligence trade has suffered a setback over the past couple of weeks. But it is not over yet, according to John Higgins, chief market economist at Capital Economics.

Is now the time to panic? Here are 5 takeaways from financial pros about the stock market’s decline.

Even if things seem scary, pros say it’s important to look at the big picture — not the day-to-day returns.

Shares of Hims & Hers, known for hair-loss treatments and Viagra, rally amid market panic

The company on Monday bumped its full-year sales forecast higher, and its second-quarter results beat expectations. Subscribers to its platform jumped 43% to 1.9 million.

Chegg follows Udemy in calling for tougher times ahead for edtech companies

Chegg called for lower-than-expected current-quarter revenue as it lost subscribers.

ZoomInfo stock falls after forecast cut, and changes to CFO and board

ZoomInfo Technologies Inc. on Monday cut its full-year forecast and announced changes to its board and its chief financial officer roles.

Hey, Jerome Powell: Please don’t cut interest rates

The Fed isn’t supposed to care that your stock investments are tanking.

Mortgage rates plunge to lowest level in over a year amid recession fears. Is now a good time to buy a house?

Mortgage rates are falling, but with fears of a recession mounting, is it a good time to buy a house? Not necessarily, one expert says.

Lucid’s stock is jumping, but that’s not because of Q2 results

EV maker gets $1.5 billion from Saudi Arabia’s sovereign wealth fund, and says it has enough money to last it through 2025.

Is the stock-market meltdown due to the unwind of this popular hedge-fund trade?

One popular hedge-fund strategy continued to unravel on Monday as global stocks slumped, prompting some on Wall Street to speculate that the two trades might be closely linked.

Palantir’s stock surges as ‘unrelenting’ AI demand fuels earnings beat

Palantir easily cleared revenue expectations for its latest quarter in what executives said was validation of the software company’s strategy.

Trump says he’ll end taxes on tips — so why did this hospitality workers’ union endorse Harris?

The hospitality union Unite Here on Monday endorsed Vice President Kamala Harris’s presidential bid, responding to former President Donald Trump’s attempt to win over workers by promising to end taxes on tips.
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