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12/02/2026
US Treasury officials: US January budget expenditures and revenues both hit monthly records in January.
Latest
3 m ago
Investors are assessing the vulnerability of real estate service companies to the latest wave of artificial intelligence applications and tools, causing stocks to plummet on Wednesday. These AI tools are threatening the existing landscape of multiple industries. CBRE Group dropped 15%, Jones LangLaSalle fell 13%, and Cushman had a 15% decrease. For these three companies, these declines mark the largest single-day drops since March 2020. Analyst Jade Rahmani wrote, "We believe investors are exiting high-fee, labor-intensive business models as these models are perceived to be highly vulnerable in AI-driven disruption." In just over a week, investors have been selling stocks of software, private lending, financial services, and insurance brokerage companies. Rahmani refers to this as "AI panic trading," with the real estate services sector being the latest group to be swept up in it.
4 m ago
Robinhood plummeted 8.8% at the close of trading on Wednesday, after the company reported a 38% plunge in revenue. Due to the sharp drop in Robinhood's stock price, cryptocurrency-related stocks in the US also fell on Wednesday.
10 m ago
Volkswagen Renting Company will issue 2.5 billion Mexican pesos worth of bonds in the local market of Mexico.
13 m ago
Musk: xAI will be divided into four core areas, Grok, programming, Imagine video products, and Macrohard, which is responsible for generating and managing the digital intelligent body of the company.
26 m ago
Verizon's trading volume surged, with the stock price rising by 3.0%.
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