Bloomberg

S&P 500 Teeters on Brink of Correction as Technicals Break Down

Barbara Terrio

(Bloomberg) — The rout in US stocks has brought the S&P 500 Index to a crucial inflection point. It’s teetering ...

Meta Shares Slide After Warning on Economic Uncertainty

Barbara Terrio

(Bloomberg) — Meta Platforms Inc. dashed investors’ hopes for a long-term advertising recovery, saying it was at the whim of ...

Treasury Rates Jump as Poor Auction Puts Focus on November Sales

Barbara Terrio

(Bloomberg) — Treasury yields surged Wednesday after poor demand for a sale of five-year notes deepened anxiety about auction size ...

The Last Time US Yields Rose So Much, It Sank the Economy Twice

Barbara Terrio

(Bloomberg) — There’s a good reason why investors are amazed that something hasn’t broken in the economy yet: The last ...

Meta Sued by California, States Over Harmful Youth Marketing

Abhinav Thawait

(Bloomberg) — Meta Platforms Inc. was sued by California and a group of more than 30 states over claims that ...

Euro Zone Edges Closer to Recession on Slowing Business Activity

Barbara Terrio

(Bloomberg) — Private-sector activity in the euro area kicked off the final quarter of 2023 with another dismal showing, suggesting ...

Macron Visits Israel as Hostage Talks Stepped Up

Abhinav Thawait

(Bloomberg) — French President Emmanuel Macron is set to meet premier Benjamin Netanyahu on Tuesday and call for the resumption ...

Bitcoin Hits $35,000 for First Time Since 2022 on ETF Optimism

Barbara Terrio

(Bloomberg) — Bitcoin extended a rally fueled by expectations of fresh demand from exchange-traded funds, reaching the highest price since ...

Biden-Backed Battery Firm Plunges After Pausing Construction

Barbara Terrio

(Bloomberg) — Li-Cycle Holdings Corp., which is set to receive significant backing from the Biden administration, saw its share price ...

Nvidia to Challenge Intel With Arm-Based Processors for PCs

Barbara Terrio

(Bloomberg) — Nvidia Corp. is using Arm Holdings Plc technology to develop chips that would challenge Intel Corp. processors in ...