Breaking News: Markets
- Oracle shares plummet 11% in premarket, dragging down AI stocks - Shares in Nvidia, Micron and Microsoft were also lower in premarket trade on Thursday.
- Nvidia supplier SK Hynix eyes U.S. listing as it expands on the AI boom - South Korea's SK Hynix is considering a U.S. listing as it grows in market cap and production capacity.
- Asia-Pacific markets mostly rise after third Fed cut of the year - Australia started the day higher, while Japan and Hong Kong futures also show a strong open.
- Here are the five big takeaways from Wednesday's Fed rate decision - The Fed approved a much-anticipated quarter percentage point interest rate cut at a meeting that was packed with intrigue and surprises.
- Divided Fed approves third rate cut, sees slower pace ahead - The Federal Reserve on Wednesday released its interest rate decision.
- Southwest CEO says airline 'actively pursuing' network of airport lounges - Southwest's CEO said the carrier is weighing a network of airport lounges
- ‘Greetings, earthlings’: Nvidia-backed Starcloud trains first AI model in space as orbital data center race heats up - The company's Starcloud-1 satellite is running Gemma, an open model from Google, marking the first time in history that an LLM has been trained in outer space.
- Trump to start final Fed chair interviews beginning with Kevin Warsh - President Donald Trump will begin the final interviews of candidates for the Federal Reserve chair this week, putting back on track the formal selection process that began this summer.
- Delivery Hero stock jumps 6% as food delivery giant mulls strategy; European shares mixed - European stocks were mixed on Wednesday as global investors gear up for the U.S. Federal Reserve's interest rate decision.
- China consumer inflation hits near two-year high despite deeper-than-expected producer deflation - Economists warned that deflationary pressure on the world's second largest economy will persist into next year, calling for fresh policy stimulus to spur demand.
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