Barclays to cut 5,000 jobs as bank’s bosses hail AI productivity advances
Barclays is cutting 5,000 jobs as part of wider cost-cutting plans that its bosses say are being driven by advances in AI.
Industry
Stocks Rally on Positive AI News, with SpaceX up +7%
A major technology stock selloff stretched into a second day Tuesday as investors questioned whether artificial intelligence will generate the profits that have fueled lofty valuations for companies such as Alphabet, Sp…
Corn Bouncing Off Lows at Midday
Corn futures are trading with Wednesday losses of 1 to 2 cents so far at midday, as cotracts are pulling off early lows. The CmdtyView national average Cash Corn price is 1/4 cent lower at $4.22 3/4. EIA data from this …
No, I'm Not Selling You My Netflix Stock Today
Before you buy your next stock, you must answer this one important investing question…
Dollar Consolidates Above 3-week Low
The dollar index (DXY00 ) is up +0.05%, consolidating mildly above last Friday’s 3-week low. The dollar is seeing some short covering after last week’s decline. However, today’s -0.8 bp decline in the 10-year T-note yie…
Stocks See Support from Positive AI News
The S&P 500 Index ($SPX ) (SPY ) is up +0.24%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.69%. December E-mini S&P futures (ESZ26 ) are up +0.15%, an…
Is Berkshire Hathaway's Greg Abel Is Changing the Script? Here's the Latest Tech Stock He Just Bought.
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.)
Micron Tripled in 2026. Can It Repeat in 2027?
Shares of Micron Technology (MU +1.72%) have climbed about 10-fold from their 2024 closing price of about $84. The memory maker's stock jumped 239% in 2025, and as I write it's more than tripled again this year, to roug…
If a Stock Market Crash Is Coming, Warren Buffett Says This Is the Smartest Move Investors Can Make
MOSCOW, October 21. /TASS/. The Russian stock market turned lower in early main session trading, according to data from the Moscow Exchange. The yuan exchange rate is also declining.
L3Harris Wins $876 Million Next Generation Jamming Contract
L3Harris Wins $876 Million Next Generation Jamming Contract Key PointsSo far, this is worth more than $876 million. Read at source
Dollar Retreats on Weak US Housing News and Stock Strength
Tomorrow’s U.S. CPI report is the next big test for the markets. Will inflation remain concentrated in energy, or will the data show price pressures spreading more broadly? That question took on added importance after S…
Aeroméxico: 3 Key Takeaways for Long-Term Investors
The expanded facility provides access to more financing than the USD 200 million facility secured in November 2024.
NatWest cracks down on 13,000 staff attending office two days a month
NatWest has ordered 13,000 staff to increase their in-office days from two days a month to two days a week, angering its staff union.
FNB (FNB) Q3 2026 Earnings Call Transcript
F.N.B. Corporation(NYSE:FNB) reported third-quarter results that highlighted record net interest income and continued expansion of the loan and deposit portfolios. Management stated that the company achieved annualized …
Dollar Falls on Chinese Yuan Strength and Weak US Housing News
The dollar index (DXY00 ) is down by -0.31% today. The dollar is weaker today, pressured by a rally in the Chinese yuan to a 4-year high. The dollar added to its losses today after US Sep housing starts unexpectedly fel…
Dollar Gains on Euro Weakness and Higher Crude Prices
The dollar index (DXY00 ) rose by +0.15% on Monday. Political risk and social unrest in France are weighing on the euro, benefiting the dollar. Also, WTI crude oil jumped more than 2% on Monday to a 5-week high, raising…
Stocks Settle Higher as Chipmakers and AI-Infrastructure Stocks Rebound
The S&P 500 Index SPY closed up by +0.33% on Thursday, the Dow Jones Industrial Average DIA closed up by +1.08%, and the Nasdaq 100 Index QQQ closed down -0.05%. December E-mini S&P futures (ESZ26) rose +0.28%, and Dece…
A modest increase in bank taxes is not the end of the world for lenders | Nils Pratley
As long as Healey doesn’t go overboard, a small turn on surcharge dial will not seriously undermine flow of capital
Millions unable to use Revolut app or cards as company suffers ‘service disruption’
UK banking company insists customers’ funds and data are safe despite problems with sign-in, card payments, transfers and withdrawals
Anglo American Q3 Copper, Iron Ore Production Down; Backs FY26 View, Lifts Diamonds Outlook
(RTTNews) - Anglo American Plc (AAL.L, AAUKY.PK), a British mining company, reported Tuesday lower third-quarter production in Copper, Premium iron ore and diamonds, while there was growth in Manganese ore, Steelmaking …
Plus500 To Acquire Brazilian Broker-Dealer Guru
Plus500 has conditionally agreed to buy Brazilian broker-dealer Guru, a week after agreeing a US deal for Hedge. It is paying from its own cash, and no price has been disclosed for either.
UPS Yields 6.7% After Firing Amazon. Here's Whether the Dividend Survives 2027.
Jeffrey P. Oldenkamp, Executive VP and CFO of Hawkins (HWKN -0.18%), purchased 1,290 shares of common stock on Aug. 27, 2026, according to a recent SEC Form 4 filing.
Fortrea Completes $45 Mln Acquisition Of Worldwide's Early Phase Services Divisions
(RTTNews) - Fortrea Holdings Inc. (FTRE), a global contract research organization (CRO), announced the completion of its $45 million all-cash acquisition of the Early Phase Services division of Worldwide Clinical Trials.
Ascletis Reports Preclinical Data For Oral Obesity Candidate ASC36o
- Ascletis' industry-leading once-weekly oral peptide pipeline covers all four validated targets, with multiple first-in-class fixed-dose combinations.