Articles

Meta plans to spend way more than expected on AI. Investors don’t seem to mind.

Mark Zuckerberg says Meta is targeting $60 billion to $65 billion in capital expenditures this year. That’s well above Wall Street’s $51 billion forecast.

The Social Security Fairness Act is a terrible piece of legislation — here’s how to fix the problem

Looking to the underlying problem — uncovered state and local workers

Here’s why Boeing’s stock isn’t down more after an ‘eye-watering’ loss warning

The size of the loss Boeing warned of may have been unexpected, but it wasn’t a shock to Wall Street.

Ozempic maker’s stock surges. A trial of a new Novo Nordisk drug shows promise.

Novo Nordisk shares jumped on Friday as the Danish drugmaker said an experimental drug was able to reduce weight by as much as 22%.

LNG exporter Venture Global closes $1.75 billion IPO after cutting share price

Energy company Venture Global prices 70 million shares at $25 — the middle of its reduced $23-$27 price range.

Oil bounces back as dollar softens after strong European economic data

Crude-oil futures bounced back on Friday as surprisingly strong economic data out of Europe helped boost the euro and soften the U.S. dollar. Prices had finished at their lowest levels in two weeks a day earlier.

HCA sees uptick in admissions but mixed guidance keeps stock in check

Company books another 60 cents-a-share in losses from damage caused by last year’s hurricanes.

Treasury bond yields drift lower as Fed meeting shifts into focus

Treasury yields were shifting lower on Friday, with investors looking ahead to next week’s Federal Open Market Committee Meeting.

Here’s what really happens to economic growth after corporations get tax cuts

Raising corporate taxes — not cutting them — frequently delivers faster economic growth.

Amex sees spending growth accelerate as it projects upbeat sales this year

Amex is also boosting its dividend by 17%.

Verizon’s stock rises after biggest gain in five years on key subscriber metric

The company added 568,000 postpaid phone subscribers in the fourth quarter.

Will Trump’s tough stance on remote work drag everyone else back to the office? Don’t bet on it.

In his first day back on the job, President Donald Trump officially joined a fight that some bosses are picking to end remote work and get their staff back in the office five days a week.
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