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A weak GDP estimate contributed to the declines. Plus: Meta shares slide after reports that it delayed releasing a new AI model. Katherine Sullivan hosts.
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Plus: The U.S. economy grew more slowly than previously reported at the end of last year. And Adobe’s CEO will step down after the company finds a new leader for the AI era. Pierre Bienaimé hosts.
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Plus: Oil prices hold above $100, despite U.S. plan to allow countries to purchase sanctioned Russian crude already at sea. And TikTok’s parent company ByteDance ramps up AI cloud computing power outside China. Daniel Bach hosts.
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All three major indexes lost more than a point. Plus: Bumble shares jumped as the company touted its turnaround strategy. Katherine Sullivan hosts.
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Plus: The U.S. trade deficit declined in January, continuing a volatile run. And Honda expects to swing to its first annual loss in decades after reevaluating its EV strategy. Pierre Bienaimé hosts.
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Plus: Trump administration launches tariff investigations into trade practices the U.S. deems unfair. And Costco faces a potential class-action lawsuit aimed at forcing the retailer to pass along any tariff refunds to customers. Daniel Bach hosts.
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Plus: Goldman Sachs stock fell as the financial sector faced pressure. And Campbell’s shares dropped as the company reported low demand for snack foods. Katherine Sullivan hosts.
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Plus: The International Energy Agency will release 400 million barrels of oil, its largest reserves distribution in history. And three ships have been hit near the Strait of Hormuz. Alex Ossola hosts.
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Plus: Four people are injured after a pair of Iranian drones fell near Dubai International Airport. And Oracle shares rally as the company’s sales outlook improves on demand for AI cloud computing. Luke Vargas hosts.
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Boeing shares slide after announcing delivery delays for its 737 Max aircraft. And Exxon Mobile stock slips after announcing it’s moving its corporate headquarters. Katherine Sullivan hosts.
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Plus: Defense Secretary Pete Hegseth said that the U.S. “will not relent” until Iran is defeated. And oil prices fall on the suggestion that the conflict could end soon. Alex Ossola hosts.
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Plus: The world’s largest EV battery maker tops expectations despite higher lithium prices and cooling EV demand in China. And U.S. airports are warning travelers to prepare to spend hours in security lines, with the partial government shutdown stretching security workers. Daniel Bach hosts.
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Oil dropped below $90 after swinging to as high as $119. Plus: Donald Trump Jr., and Eric Trump announce an investment in a drone company. Katherine Sullivan hosts.
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Plus: Live Nation and the Justice Department have reached an antitrust settlement. And Novo Nordisk will sell weight-loss drugs through Hims & Hers, ending a legal dispute. Anthony Bansie hosts.
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Plus: Donald Trump Jr. and Eric Trump are among the investors in Powerus, a company formed to bring Ukrainian drones to the U.S. And activist Starboard Value builds a big stake in french-fry maker Lamb Weston. Daniel Bach hosts.
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Nasdaq leads major U.S. indexes lower as the unemployment rate ticks up to 4.4% and oil prices surge to more than $90 a barrel. Plus: Gap shares slide on weak sales for its Athleta brand. Katherine Sullivan hosts.
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Plus: Kuwait cuts oil production. And markets react to the jobs report and mounting tensions in the Middle East. Anthony Bansie hosts.
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1Plus: The U.S. and Venezuela restart diplomatic relations with the aim of promoting the country’s economic recovery And investors wait on the latest U.S. jobs numbers. Luke Vargas hosts.
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Plus: Morgan Stanley shares fell after announcing layoffs. And Meta Platforms stock drops after responding to antitrust concerns in Europe. Katherine Sullivan hosts.
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Plus: U.S. imports of Venezuelan oil are rising. And Target details its store opening and remodeling plans as it seeks to turn its business around. Danny Lewis hosts.
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