Finance news

S&P 500 sees $1.8 trillion wipeout, Nasdaq tallies biggest point drop on record: What investors need to know about Friday’s selloff

A remarkable two-month sprint higher for major stock-market indexes encountered its first major hiccup on Friday as the Nasdaq Composite plummeted more than 1,121 points — the biggest one day point drop on record, according to Dow Jones Market Data.

AstraZeneca CEO says AI is reshaping drug development — and helping boost the odds of success

AstraZeneca CEO Pascal Soriot said AI is helping the company develop medicines faster and make smarter decisions throughout the research process.

Stock index: Chip developer Marvell climbs into S&P 500

Marvell Technology is moving into the S&P 500 after a strong price rally. The stock rose again in after-hours trading after daily losses. The electronics manufacturer Flex is also included in the leading index.

Indonesian police in the market for hi-tech Chinese equipment

Indonesia is considering buying hi-tech policing equipment from China, setting out a shopping list for technology ranging from drones to tactical armoured vehicles at a police equipment trade show in Beijing. The Indonesian National Police is particularly interested in counterterrorism equipment, including intelligence technology, tactical weapons, bomb disposal gear and special purpose vehicles, according to a list of requirements released at a forum held at the expo on Thursday. Most of this..

Can AI Save More Energy Than It Consumes?

The artificial intelligence boom has created unprecedented pressure and anxiety in the energy industry. The public and private sector alike are expending enormous amounts of effort trying to quantify the amount of electricity that will be needed to power data centers in the near future, and get ahead of the skyrocketing energy demands headed for our already outdated and beleaguered electric grids. But the answer to the energy monster that AI is unleashing could very well lie in the application o

Bitcoin is suffering from an ‘attention’ deficit, as momentum traders have moved on

“The AI trade is sucking the blood out of crypto,” one analyst notes.

Savings plan for children

Hello! I'm making a deposit for my sister and her children so that they have money when they grow up. I thought about an ETF savings plan at TradeRepublic through a children's portfolio. MSCI world would have been an option for me. Should I pay attention to anything? Do you have any other tips? submitted by /u/Guesdt [link] [comments]

Cancel Swiss Life

Hello, a few years ago I unfortunately concluded an ETF retirement contract with Swiss Life through a “financial advisor”. The argument of avoiding/saving taxes in old age convinced me. I now understand that that probably wasn't the best idea. Now there is almost €13,000 there. I pay €280 a month into the ETF. Does it make sense to cancel it and just put everything in the MSCI World and just continue saving there? Or are there other reasons at Swisslife?

IPO: SpaceX IPO apparently already twice oversubscribed

According to insiders, SpaceX's planned record IPO is already generating high demand a week before the launch. The issue is therefore obviously significantly oversubscribed.

Marvell Technology and Flex to join S&P 500 index, replacing Pool and Campbell's

The move highlights the growing importance of the technology sector to the stock market.

Netdecking the stock market

In MTG, Netdecking is where you look up someone else's brilliant composition on the internet and duplicate their deck card-for-card. You benefit from a proven setup, but you still need to know the game and how to play, and even then won't do as well as the inventor of the win-condition. Is there an equivalent of this for the Stock Market? I don't want to spend hours upon hours digging though the nitty gritty (no judgement, just not for me). Can I copy another portfolio (like Berkshire or Elon) a

Energy now a focus of US-China contest of the century

Given that control over energy reinforces superpower status, the contest of the century has morphed into an intense rivalry between China, a rising “electrostate”, and the United States, the world’s hydrocarbon hegemon safeguarding its position. China recognises that electricity drives its economy. Despite being a major producer of coal, crude oil and natural gas, China remains an importer of these hydrocarbons. However, with strategic patience, through its five-year plans, the country has been.

First Google, now Meta? Big Tech may increasingly sell stock to bankroll $820 billion AI boom.

Stock investors may not love it — but bond investors already heavily engaged in funding the AI buildout are pleased.

These stocks fell the most Friday as Big Tech took a dive

Chip makers dominated the list of the day’s biggest losers among the S&P 500.

Japan's Toray to build plastics facility in India, tapping into auto demand

Toyota to launch racing kart plant to hook new generation of fans

World Cup tests Lenovo’s ambitions to challenge AI champions

Marvell, Micron shares tumble as the chip sector suffers its worst day in 6 years

Investors are cooling on momentum stocks and considering the implications of a strong jobs report.

Google to pay SpaceX $920 million a month for compute capacity at xAI data centers

Ahead of a planned IPO, SpaceX inked a deal to rent compute capacity to Google for $920 million per month for 32 months.

What the heck happened that even the ETFs and funds went -5%👁👁

I'm a savings plan user, so it doesn't matter to me in the long term, but I'm still interested in it submitted by /u/tinino1304 [link] [comments]

Business ticker: Strong labor market report causes sell-off on Wall Street

Tech stock prices in particular are plummeting +++ US fast food restaurant chain Taco Bell is coming to Germany +++ No take-off for SpaceX in the S&P 500 +++ C.H.Beck-Verlag takes over majority in dtv +++ News in the company live blog.

KMT leader says Taiwan can preserve peace by avoiding ‘de jure independence’

Taiwan’s main opposition leader said cross-strait peace can be maintained as long as Taipei did not move towards “de jure independence”, during her trip in the United States. Cheng Li-wun, chairwoman of the Kuomintang (KMT), attended a closed-door seminar at Harvard University’s John F. Kennedy School of Government on Thursday, according to a KMT statement on Friday. Cheng told the seminar that peace and stability across the Taiwan Strait, which she described as the greatest common denominator..

The hiring recession is over — but landing a new role is much harder than it looks

The May jobs report blew past forecasts. Why is it taking six months to find a new job?

Russians covertly trained by China return to fight in Ukraine, sources say

submitted by /u/Strongbow85 [link] [comments]

Hypothetically if you were holding close to infinitely, would VOO or QQQ be the move?

I'm in my 20s and wouldnt be touching this money for a very long time, for 25+ years. Wouldnt be touching them no matter how low they go. To maximize output and returns, is it smarter to buy QQQ or VOO in this scenario? Would be able to tolerate significant market volatility in this case. submitted by /u/Clubpenguin8888 [link] [comments]

USA: US states apparently want to block the Paramount-Warner merger

California, New York and other US states apparently want to stop the merger of Paramount Skydance and Warner Bros with a lawsuit - the largest antitrust resistance to the deal to date.

EU-Russia relations: private conversation in the Kremlin: Schröder's role remains open

Putin brought up former Chancellor Schröder as a possible “neutral mediator” between the EU and Russia. Now there was a one-on-one conversation in the Kremlin. How can things continue?

Google to pay SpaceX $920 million a month for compute capacity at xAI data centers

Ahead of a planned IPO, SpaceX has inked a deal to rent compute capacity to Google at $920 million per month for 32 months. SpaceX announced a similar arrangement with Anthropic in May. https://www.cnbc.com/amp/2026/06/05/google-to-pay-spacex-920-million-a-month-for-xai-compute-capacity.html submitted by /u/TheSource777 [link] [comments]

Mythos rejuvenated the cybersecurity sector. Earnings put the recent rally to the test

Mythos gave the cybersecurity sector a boost, but upbeat earnings weren't enough for investors in search of an AI payoff.

Meta's stock sinks on report company could raise tens of billions of dollars to fund AI push

Meta shares dropped after the Financial Times reported the company could potentially raise tens of billions of dollars in a stock offering to help its AI push.