American Airlines shares tumble as outlook falls short
American forecast a wider than expected loss for the first quarter, sending shares lower. ...
Category: Economy
Stripe cuts 300 jobs in product, engineering and operations
Stripe has cut 300 jobs, or about 3.5% of its workforce, CNBC confirmed. ...
Netflix shares soar as company reports surging revenue, tops 300 million subscribers
The fourth quarter was the last for which Netflix will report quarterly paid subscriber counts. ...
Netflix to hike prices on standard and ad-supported streaming plans
Streaming giant Netflix said it is increasing the cost of its plans in the U.S., including its cheaper, ad-supported option.…
Trump says he’s considering a 10% tariff on China beginning as soon as Feb. 1
On Tuesday, President Donald Trump floated a 10% duty on China, with an expected start date of Feb. 1. ...
Trump announces AI infrastructure investment backed by Oracle, OpenAI and Softbank
President Donald Trump announced a venture with OpenAI, Oracle and Softbank to invest billions of dollars in U.S. AI infrastructure.…
Stanley Druckenmiller says ‘animal spirits’ are back in markets because of Trump with CEOs ‘giddy’
"I'd say CEOs are somewhere between relieved and giddy. So we're a believer in animal spirits," Druckenmiller said. ...
Costco union representing 18,000 workers authorize nationwide strike
The union said 85% of its members approved a work stoppage. ...
Bitcoin touches new all-time of $109,000, then reverses in volatile session on Trump inauguration day
Bitcoin spiked to a new all-time high early Monday but pulled back following the inauguration of President Donald Trump. ...