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Evening digest: Tech companies layoffs, oil surge rattle markets

Investing

Dow Jones falls 179 pts as oil surge, tech slump hit stocks

Investing

Intel stock soars on Q1 earnings, but further gains lie ahead

Investing

Oklo stock jumps as Nvidia AI deal fuels nuclear energy push

Investing

Meta to cut 10% workforce as AI spending surge drives overhaul

Investing

Microsoft offers buyouts to 7% US staff amid AI spending surge

Investing

Lululemon stock: why markets seem to dislike its new CEO

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Categories Investing

ChatGPT outage hits globally as OpenAI probes access issues

April 20, 2026

OpenAI faced a widespread outage affecting its flagship chatbot ChatGPT and coding tool Codex, disrupting users across multiple regions even as the

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Categories Investing

Why Nvidia stock slipped below $200 on Monday

April 20, 2026

Nvidia shares pulled back below the $200 mark in early Monday trading, giving up recent gains as competitive pressures in the artificial

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Categories Investing

Adobe stock jumps as AI agent push aims to fend off rising competition

April 20, 2026

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Categories Investing

Tesla stock slips 2% on Monday after last week’s rally: here’s why

April 20, 2026

Shares of Tesla declined more than 2% on Monday, underperforming broader US equity markets.The move came as investors turned cautious ahead of

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Categories Investing

Google news sends Marvell stock to a record high

April 20, 2026

Marvell Technology (NASDAQ: MRVL) opened comfortably in “green” this morning after reports surfaced that it’s in active discussions to co-develop two new

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Categories Investing

Eli Lilly to acquire Kelonia in $7 billion cancer therapy push

April 20, 2026

Eli Lilly said on Monday it will acquire privately held Kelonia Therapeutics in a deal worth up to $7 billion, as the

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Categories Investing

From record inflows to 12% drawdown, what went wrong for Europe?

April 20, 2026

Three months ago, European investors were pouring money into the continent's stock markets at a record pace, betting that years of underperformance

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Categories Investing

Dow Jones flat as Iran tensions rise; S&P 500, Nasdaq slip

April 20, 2026

Wall Street’s main indexes opened lower on Monday, as renewed tensions between the US and Iran weighed on investor sentiment following a

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Categories Investing

How the energy crisis from Iran war is boosting China’s edge in global clean tech

April 20, 2026

America’s allies, grappling with surging energy costs triggered by Washington’s military strikes on Iran and the resulting disruption in global supply chains,

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Categories Investing

USA Rare Earth stock jumps on $2.8B Brazil deal to counter China grip

April 20, 2026

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    Evening digest: Tech companies layoffs, oil surge rattle markets

    Global markets navigated a mix of corporate restructuring, macroeconomic signals, and geopolitical...

    #

    Dow Jones falls 179 pts as oil surge, tech slump hit stocks

    US stocks pulled back on Thursday, pressured by weakness in software shares and a sharp rise in oil...

    #

    Intel stock soars on Q1 earnings, but further gains lie ahead

    Intel (NASDAQ: INTC) shares are ripping higher in extended hours after the semiconductor giant...

    #

    Oklo stock jumps as Nvidia AI deal fuels nuclear energy push

    Oklo shares rose on Thursday after the company announced a partnership with Nvidia, marking its...

    #

    Meta to cut 10% workforce as AI spending surge drives overhaul

    Meta Platforms, Inc. plans to lay off about 10% of its workforce, or roughly 8,000 employees, as...

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    Microsoft offers buyouts to 7% US staff amid AI spending surge

    Microsoft is offering voluntary retirement buyouts to thousands of employees in the United States,...

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