A broad AI-driven rout sent the Nasdaq sharply lower and erased an estimated $2.9 trillion in S&P 500 market value, the largest one-day loss on record, with Asian chip stocks falling in the follow-on session.
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Newly elected Democrats and progressive lawmakers are pushing for tougher restrictions on data center construction, prompting investor concern about the AI buildout that has powered US equities.
Shares of Elon Musk's Tesla and SpaceX fell as investors weighed how a divided Washington could affect data center and merger prospects tied to his companies.
Asian benchmarks fell sharply, with the Nikkei 225 dropping below 60,000 points and Seoul's Kospi under 5,000, as AI-related selling spread from Wall Street.
Crude prices gained as traders assessed the possibility of renewed US-Iran military escalation alongside diplomatic efforts led by Qatar to broker an interim deal.
The AI startup founded by former OpenAI executive Mira Murati is set to close a new round that would value it at $40 billion.
Federal regulators ordered Union Pacific to make the CEO video public, in which he warns shippers he would raise rates if they oppose the railroad's proposed Norfolk Southern merger.
Equinix said smaller facilities may be less exposed to US restrictions as scrutiny of data center construction intensifies after the midterms.
One policymaker voted to lift the Bank of England's key rate to 4.25%, with the central bank warning inflation could approach 5%.
Canva's chief executive called the job cuts the hardest moment in company history and outlined a severance package that drew attention as tech layoffs continue across the sector.
Cloudflare posted quarterly results beating estimates by $0.04 EPS, with rising demand for automated AI protection lifting its stock after a broad selloff.
President Trump was briefed about the intelligence findings about a year ago, according to The New York Times.
The IRS released inflation-adjusted 2027 income tax brackets, with steeper adjustments than this year reflecting rekindled inflation.
The neocloud company said some revenue is shifting from 2026 to early next year, while announcing a new cloud-computing deal and noting much of its backlog is tied to investment-grade counterparties.
India's Nifty 50 has gained nearly 9% over the past month while markets with heavy AI exposure, including the US, Japan, South Korea and Taiwan, fell into the red.
Airbnb's results topped expectations while Lyft's third-quarter performance disappointed investors.
The IRS published new long-term capital gains brackets for 2027, giving investors an early look at next year's rates.
Harvey, a prominent legal tech company, has held preliminary discussions with lawyers at Latham & Watkins about going public.
The buy-now-pay-later company reported quarterly results and guidance above expectations and lifted its full-year gross merchandise volume outlook.
Brian Chesky said AI agents like Muse and Instinct have generated minimal traffic and very few bookings on Airbnb, and he does not view them as a threat.
The Bureau of Labor Statistics releases the October nonfarm payrolls report at 8:30 a.m. ET, a key data point as markets recover from a tech-led selloff.
The game engine maker reported its first GAAP profit since going public, with quarterly revenue of $622 million.
Two Federal Reserve officials backed a gradual approach to raising rates to bring inflation down.
Analysts revised AppLovin's price targets following its earnings, with at least one Wall Street desk pointing to further upside.
The carrier is updating onboard seating, dining and entertainment, including Starlink connectivity, as part of an investment exceeding S$2 billion.
Top hedge fund managers and private equity executives spent more than $300 million on Republican campaigns with little to no effect.
The IRS announced a larger estate and gift tax exemption for 2027, affecting estate planning for wealthy households.
The enterprise software company reported quarterly revenue growth of 24% while remaining profitable.
CEO Dave Limp said the company moved quickly to repair a pad damaged by the New Glenn explosion in May but that the work has been difficult.
JPMorgan kept Epstein as a client for years after a top executive heard claims he paid to have underage girls brought to his home.
Participants in the CNBC Voter Poll ranked the economy the most important issue facing the country, ahead of democracy and immigration.
The memory chip makers rebounded after a sharp selloff in semiconductor stocks.
The oil major lifted its quarterly ordinary dividend by 11% alongside third-quarter 2026 results.
Third-party safety researchers released a report about Anthropic's AI development, including findings on productivity and recursive self-improvement.
Democratic lawmakers are expected to scrutinize US intervention in Venezuela, administration mineral deals and the cancellation of previously funded energy projects.
International Consolidated Airlines Group published its quarterly results presentation for the third quarter of 2026.
Simon increased its full-year 2026 real estate FFO per share guidance and raised its quarterly dividend.
Apple now says it will use a waitlist only during periods of high demand for Siri AI.
OpenAI took its Dev Day roadshow to London to sell developers on Dots, its new always-on AI assistant, amid questions about privacy and compute costs.
The likely failure of the California billionaire tax may energize Democrats in Congress to propose federal tax hikes on high earners, tax experts said.
The new partner class represents a 15% increase from the previous cohort and the largest under David Solomon.
The companies joined dozens of others refusing to participate in the venture cochaired by former New York Gov. Andrew Cuomo.
Staffers pushed for answers about reported layoffs in a tech town hall, with employees saying morale is suffering.
The concert and ticketing giant reported quarterly results above expectations.
The restaurant chain reported quarterly results below estimates while declaring a quarterly dividend of $0.75 per share.
The fast-casual chain's shares slid after its results, prompting analysts to pare their price targets.
Analysts raised price targets on McDonald's after its third-quarter results, though at least one brokerage took a different view.
The semiconductor maker announced its quarterly earnings results.
Executives weighed in on what the new political balance could mean for their industries.
Employees cut this week are receiving 90 days of pay without working, plus severance and three months of healthcare coverage.
The market rout is testing the instincts of a generation raised on quick rebounds, with some seeing a buying opportunity and others fearing more losses.
The casino operator reported quarterly results below analyst expectations.
The law enforcement technology company released its quarterly earnings results.
The payments technology company reported quarterly results in line with estimates.
The Italian lender lifted its dividend guidance following its quarterly results.
The win follows Zohran Mamdani's rise in New York and progressive victories in Washington and Providence.
The gaming peripherals maker reported quarterly results slightly above analyst estimates.
The electronic components distributor reported quarterly results above estimates.
The organ transplant technology company reported quarterly results above expectations.
Magnus Grimeland cited a rapidly growing electricity grid plus abundant advanced chips and engineering talent as factors making Asia appealing for startups.
The Mississippi Senate election could hinge on mail-in ballots received after Election Day, whose legality was upheld by the Supreme Court.
The biopharmaceutical company reported quarterly results well above analyst estimates.
More than 99% of international data is carried by subsea cables rather than satellites, making them critical infrastructure for the region.
Esther Nguyen said the region's music industry still has ground to cover before it can scale globally even as listeners embrace cross-border music.
A vice chancellor sent his own ruling to the state Supreme Court, a move the piece says boards should not read as reassurance.
The real estate brokerage met quarterly expectations while its revenue guidance fell short.
The company released third-quarter 2026 financial results and declared a quarterly dividend, later issuing a correction.
The company posted record quarterly results driven by fleet growth and improved pricing.
The Washington state transit agencies completed their merger.
The oilfield services company released quarterly results and declared a dividend.
The business development company announced third-quarter results and a quarterly cash dividend of $0.26 per share.
The oil and gas company announced third-quarter results and a quarterly cash dividend.
The partnership declared a quarterly cash distribution of $0.22 per common unit and provided its 2027 outlook.
The midstream energy company reported quarterly results above expectations.