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
A television station broadcasts the Federal Reserve’s decision to hold rates after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Jan. 28, 2026. Bloomberg | Bloomberg | Getty Images The S&P 500 reached a milestone level on Wednesday, hitting 7,000 … Read more
Aerial view of Seoul downtown city skyline with vehicle on expressway and bridge cross over Han river in Seoul city, South Korea. Mongkol Chuewong | Moment | Getty Images Shares of South Korean autos tumbled Tuesday after U.S. President Donald Trump took aim at the country overnight, saying he would increase tariffs on Asia’s fourth-largest … Read more
It was a tumultuous week for investors. President Donald Trump ‘s threat to increase tariffs on eight European countries for opposing his bid to take over Greenland sent the stock market into a tailspin on Tuesday, with the S & P 500 and Nasdaq posting their worst days since October. Both averages rebounded the next … Read more
Megacap earnings results next week could lift a stock market that’s broadened out to include a larger number of winners. Earnings kick into high gear next week, with four of the so-called Magnificent Seven companies set to report: Meta Platforms , Microsoft , and Tesla report Wednesday, while Apple posts Thursday. But the group isn’t … Read more
Starbucks could see positive catalyst next week, says Deutsche Bank It’s a big week next week for Starbucks, which is set to report earnings on Wednesday and host an investor day on Thursday. Deutsche Bank anticipates the possibility of some downside risk to the coffee chain’s full-year 2026 guidance, but thinks long-term targets could surprise … Read more
A Greenlandic flag flies over a residential house on Jan. 21, 2026 in Nuuk, Greenland. Sean Gallup | Getty Images Asia-Pacific markets rebounded Thursday, tracking gains on Wall Street after U.S. President Donald Trump walked back on his threat to impose tariffs on European countries over Greenland. South Korea’s Kospi led regional gains, rising 1.81% … Read more
People celebrate the New Year at a ceremony at the Juyongguan Great Wall section, also known as Juyong Pass, in Beijing, China, January 1, 2026. Maxim Shemetov | Reuters Asia-Pacific markets mostly slipped Monday, as investors assessed threats from the Trump administration toward Greenland over the weekend, as well as key economic data from China … Read more
Traders work on the floor of the New York Stock Exchange. NYSE The S&P 500 was relatively unchanged on Friday as Wall Street attempted to end the week on a high note. The broad market index traded around the flatline, while the Dow Jones Industrial Average fell 100 points, or 0.2%. The Nasdaq Composite gained … Read more
Traders work on the floor of the New York Stock Exchange on Jan. 12, 2026. Angela Weiss | Afp | Getty Images The first two weeks of 2026 have seen U.S. President Donald Trump’s administration capture Venezuela’s president, threaten to respond to Iran’s violent crackdown on protests, and talk up the possibility of using force … Read more