WALL STREET
Why unemployment is rising among young college grads
Their skills, experience and ability to function are increasingly out of step with employers' needs.
3 min read9 Feb 2026Amazon shares crash 10% to 8-month low amid investor concerns over massive AI spending
Amazon Inc shares fell sharply on 6 February after mixed Q4 earnings and a $200 billion spending forecast for 2026. The stock hit an intraday low of $200.30, with a year-to-date loss of 12.5%. Increased capex raises concerns about long-term AI investments.
2 min read6 Feb 2026US stock market: Wall Street extends slide for third day as tech selling continues; Alphabet drops 8%
Among individual stocks, Google parent Alphabet fell 8% to $307 per share following the release of its December quarter numbers. Among other top laggards was chipmaker Qualcomm has also come under pressure, with stock opening with a gap down of 11%,
2 min read5 Feb 2026US stock market: Wall Street opens mixed amid investor caution after tech-led sell-off
The US stock market opened mixed on 4 February, following a tech rout that caused significant losses. The Nasdaq fell another 0.4%, while Advanced Micro Devices and Chipotle faced declines. Investors are focused on upcoming labour market data and earnings reports from major tech firms.
2 min read4 Feb 2026Uber shares in focus as Q4 revenue jumps 20%, led by food delivery; Q1 growth forecast weaker
Uber reported Q4 profit missed estimates and Q1 forecast was below expectations. Despite a revenue increase to $14.37 billion, net income dropped sharply to $296 million, influenced by equity investment revaluation. The company also announced a change in finance leadership.
2 min read4 Feb 2026AI threatens a Wall Street cash cow: Financial and legal data
Stock market losses highlighted the expanding threat of AI-driven disruption for financial services and the sector's white-collar professionals.
3 min read4 Feb 2026US stock futures point to flat start for Wall Street after Anthropic AI-led tech selloff
The latest selloff in tech stocks was sparked by Anthropic after it said it was launching a new artificial intelligence (AI) tool servicing legal work, threatening software firms.
1 min read4 Feb 2026Infosys, TCS to HCL Tech: IT stocks crash up to 6% — What's behind the selloff?
IT stocks crash: Indian IT stocks, including tech behemoths like Tata Consultancy Services, Infosys and Wipro, fell like ninepins in the early morning trade on Wednesday, February 4.
4 min read4 Feb 2026US stock market: S&P, Nasdaq end lower as technology stocks fall; Microsoft cracks 10%
US stock market: The Dow Jones Industrial Average added 55.96 points, or 0.11%, to 49,071.56, while the S&P 500 fell 9.02 points, or 0.13%, to 6,969.01. The Nasdaq Composite closed 172.33 points, or 0.72%, lower at 23,685.12.
1 min read30 Jan 2026US stock market: Wall Street set to open higher ahead of US Federal Reserve decision
US stock index futures showed mixed trading ahead of the Federal Reserve's policy decision, with Dow futures down 0.02% and Nasdaq up 0.79%. Investors expect rates to remain steady, despite pressure from President Trump, while Fed officials advocate a cautious approach amid economic challenges.
2 min read28 Jan 2026