Meta and Microsoft are making big moves in opposite directions after earnings

Meta and Microsoft are making big moves in opposite directions after earnings

It’s a tale of two different megacaps so far this earnings season when it comes to artificial intelligence. Meta Platforms surged more than 8% after showing signs that AI investments are boosting the bottom line, while Microsoft shares dropped as the company struggled to justify recent spending plans to investors and showed a slowdown in … Read more

Denmark lauds constructive talks with U.S. over Greenland: ‘Now we are back on track’

Denmark lauds constructive talks with U.S. over Greenland: ‘Now we are back on track’

Denmark’s Foreign Minister Lars Lokke Rasmussen talks to journalists ahead of a EU Foreign Affairs Council meeting at the EU headquarters in Brussels on January 29, 2026. Simon Wohlfahrt | Afp | Getty Images Denmark’s foreign minister on Thursday welcomed “very constructive” high-level talks over Greenland’s future, saying the conversation about the island was “back … Read more

Starbucks to unveil long-term outlook at investor day, as Niccol says turnaround is just beginning

Starbucks to unveil long-term outlook at investor day, as Niccol says turnaround is just beginning

Starbucks is expected to release a long-term forecast and share more details about how it plans to hit those financial targets at an investor presentation held in New York City on Thursday. When Starbucks suspended its outlook in October 2024, its long-term forecast projected global same-store sales would grow at least 5%, revenue would climb … Read more

Drugmakers Roche and Sanofi talk up their pipelines, as earnings fail to excite

Drugmakers Roche and Sanofi talk up their pipelines, as earnings fail to excite

Drugmakers Roche and Sanofi’s latest earnings were largely as expected, with the companies talking up the potential of experimental medicines ahead of a looming “patent cliff” for Big Pharma. Both companies’ stocks were down less than 1% on Thursday after reporting earnings before the bell. They are both among the pharmaceutical companies that could see … Read more

China and the UK are attempting to reset their relationship — here’s how

China and the UK are attempting to reset their relationship — here’s how

Britain’s Prime Minister Keir Starmer addresses a business delegation following his arrival to China, at a hotel in Beijing on January 28, 2026. Carl Court | Afp | Getty Images After years of strained ties, China and the U.K. on Thursday pledged to develop a long-term strategic partnership following a high-stakes meeting between Chinese President … Read more

Carvana shares fall 14% following short-seller accusations

Carvana shares fall 14% following short-seller accusations

A Carvana used-car vending machine displays vehicles in Miami, Dec. 9, 2022. Joe Raedle | Getty Images Shares of Carvana plummeted 14.2% Wednesday following short-seller accusations that the online used retailer overstated earnings with the help of businesses controlled by CEO Ernie Garcia III’s family.  Gotham City Research alleged Wednesday that the online used car … Read more

Gold jumps over 3% to fresh highs as Asia stock markets trade mixed after U.S. Fed holds rates

Gold jumps over 3% to fresh highs as Asia stock markets trade mixed after U.S. Fed holds rates

An aerial view of Singapore’s skyline. Tong Thi Viet Phuong | Moment | Getty Images Spot gold prices rose to a fresh record Thursday after the U.S. Federal Reserve overnight kept its benchmark rate steady at a target range of 3.5% to 3.75%. The bullion rose more than 3% to breach the $5,500 per ounce … Read more

Meta’s Mark Zuckerberg gets green light from Wall Street to keep pouring money into AI

Meta’s Mark Zuckerberg gets green light from Wall Street to keep pouring money into AI

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images Meta CEO Mark Zuckerberg plans to ramp up his company’s spending on artificial intelligence in 2026. Wall Street seems fine with that strategy. … Read more

U.S. handing over seized tanker to Venezuela, officials say: Reuters

U.S. handing over seized tanker to Venezuela, officials say: Reuters

People walk in front of a crude oil tanker at Maracaibo Lake in Maracaibo, Venezuela, on January 12, 2026. After the US raid that deposed Nicolas Maduro as Venezuela’s leader, citizens hope the ensuing talks on selling its oil to US may improve their dire economic fortunes. (Photo by Margioni BERMÚDEZ / AFP via Getty … Read more

Government shutdown: Republicans consider escape hatch as Congress careens toward deadline

Government shutdown: Republicans consider escape hatch as Congress careens toward deadline

U.S. Senate Majority Leader John Thune, R-S.D., is followed by reporters as he walks to the Senate Chambers in the U.S. Capitol in Washington, Jan. 27, 2026. Anna Moneymaker | Getty Images Republican senators appear to be opening the door to preventing a partial government shutdown as the chamber prepares to start voting on a … Read more