Dow slips as strong US jobs data sparks chip selloff, hits Nasdaq
US stocks moved lower on Friday as a stronger-than-expected May jobs report dampened expectations for interest rate cuts and triggered renewed selling across
Business
Business
Lululemon tumbles after forecast cut; analysts see prolonged turnaround ahead
Lululemon Athletica LULU shares fell sharply on Friday after the athletic apparel retailer lowered its annual profit outlook and issued weaker-than-expected sales guidance,
Business
ServiceTitan stock posts biggest rally since IPO after strong quarter
Shares of ServiceTitan TTAN climbed sharply on Friday after the software company delivered stronger-than-expected quarterly results and raised its full-year outlook. The results
Investing
USD/KRW: Here’s why the South Korean won is falling as Kospi Index surges
The South Korean won continued its strong downward trend, reaching its lowest level since 2009, despite the ongoing Kospi Index surge. The USD/KRW
Investing
Markets remain cautious ahead of US jobs report as dollar holds steady
Financial markets remained volatile early Friday as investors awaited a closely watched employment report from the United States that is expected to provide
Economy
OpenAI commits to compliance with Trump’s AI review order
OpenAI has confirmed that it will comply with an executive order signed by US President Donald Trump that calls on artificial intelligence companies
Economy
US payrolls rise 172,000 in May, topping estimates: unemployment at 4.3%
The US labor market delivered another upside surprise in May, with employers adding far more jobs than economists had expected. The stronger-than-anticipated hiring
Economy
FTSE 100 rises as inflation concerns ease despite Middle East tensions
The UK’s FTSE 100 rose on Friday, outperforming several global markets amid a broader risk-off sentiment, as investors found reassurance in fresh data
Economy
Dow slips as strong US jobs data sparks chip selloff, hits Nasdaq
US stocks moved lower on Friday as a stronger-than-expected May jobs report dampened expectations for interest rate cuts and triggered renewed selling across
Economy
Lululemon tumbles after forecast cut; analysts see prolonged turnaround ahead
Lululemon Athletica LULU shares fell sharply on Friday after the athletic apparel retailer lowered its annual profit outlook and issued weaker-than-expected sales guidance,