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Meta drops 10% as heightened AI spending overshadows strong results

Meta’s CEO Mark Zuckerberg attends the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol, in Washington, U.S., January 31, 2024.  Nathan Howard | Reuters Meta Platforms‘ stock dropped more than 10% on Thursday as skepticism about the payoff from its aggressive artificial intelligence spending plans overshadowed strong results. The social … Read more

Optimism over rate cuts overshadows hot inflation

Shoppers at the new H Mart during their grand opening in Westminster, CA, on Thursday, August 7, 2025. Jeff Gritchen | Medianews Group | Getty Images It was a stellar day for markets as all three major U.S. stock indexes closed at record highs on Wednesday. That’s despite a sharper-than-expected month-on-month growth in U.S. consumer … Read more

Dow drops 390 points as tariff uncertainty overshadows Fed meeting

U.S. stocks fell sharply Tuesday as uncertainty over global trade negotiations and caution ahead of the Federal Reserve’s rate decision weighed on markets.  The Dow Jones Industrial Average dropped 389.83 points, or 0.95%, while the S&P 500 lost 0.77% and the Nasdaq Composite slipped 0.87%. The sell-off came after President Donald Trump dialed back expectations … Read more

Apple’s fall overshadows positive bank earnings

An Apple Store in the Jiefangbei commercial district, adorned with a golden apple and snake motif to celebrate the Chinese Year of the Snake, on Jan. 14, 2025 in Chongqing, China.  Cheng Xin | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open … Read more

Stigma overshadows 0.0 drinks even as Diageo, Heineken and AB InBev bet big on it

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