S&P Dow Jones Indices announced that it will make several changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 22, 2026, to coincide with the quarterly rebalance. The companies being removed from S&P MidCap 400 and S&P SmallCap 600...
After coming under considerable pressure early in the session, stocks showed an even more substantial move to the downside over the course of trading day on Friday. The major averages all moved sharply lower, with the tech-heavy Nasdaq posting a particularly steep loss.
Stocks have moved notably lower during trading on Friday, with the major averages all moving to the downside after ending the previous session mixed. The tech-heavy Nasdaq has shown a particularly steep drop. Currently, the major averages are off their worst levels but still firmly negative.
Hitachi Ltd. (6501.T) and Intel Corp. (INTC) said on Friday that they would collaborate to develop AI and advanced computing technologies for manufacturing, energy and other industries. The companies plans to combine Hitachi's information technology and operational technology expertise with Intel's...
Artificial Intelligence is not only responsible for worrying amounts of earth-warming greenhouse gases: the technology's environmental footprint is also expanding at a pace that could strain the planet's natural resources, according to a new UN study. Data centers, the global infrastructure powering AI, could consume 945 terawatt-hours of electricity annually by 2030 - nearly triple the combined
Employment in the U.S. jumped by much more than expected in the month of May, according to a closely watched report released by the Labor Department on Friday. The Labor Department said non-farm payroll employment shot up by 172,000 jobs in May after surging by an upwardly revised 179,000 jobs in April.
China's Tuniu Corp. (TOUR) swung to a first-quarter profit on Friday compared to loss last year, on improved revenue. For the second quarter, the company forecasts modest sales growth. In pre market activity on Nasdaq, shares of Tuniu were up 4.50 percent, changing hands at $5.80, after closing...
Stocks may come under pressure in early trading on Friday amid continued weakness in the tech sector. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.6 percent. Extended weakness among chip stocks may weigh on Wall Street, as reflected...
Employment in the U.S. jumped by much more than expected in the month of May, according to a closely watched report released by the Labor Department on Friday. The report said non-farm payroll employment shot up by 172,000 jobs in May after surging by an upwardly revised 179,000 jobs in April. Economists...
Friday, BlockchAIn Digital Infrastructure, Inc. (AIB) announced pricing of its underwritten public offering of around 33.3 million shares of its common stock at $1.65 per share, totaling gross proceeds of approximately $55 million. The company intends to use the net proceeds from the offering for...
U.S. Transportation Secretary Sean P. Duffy has directed the Federal Transit Administration to launch an investigation of Atlanta's Metropolitan Atlanta Rapid Transit Authority, or MARTA. The investigation will review the transit agency's security spending, safety protocols, and risks to riders and workers. The...
While reporting financial results for the first quarter on Friday, G-III Apparel Group, Ltd. (GIII) provided its earnings, adjusted earnings and net sales guidance for the second quarter and raised its earnings and adjusted earnings outlook for full-year 2027, based on strong first-quarter results. For...
ABM (ABM) reaffirmed fiscal 2026 outlook. The company now expects organic revenue growth toward the top end of the 3% to 4% range, and total revenue growth toward the top end of the 4% to 5% range. Segment operating margin is projected toward the low end of the 7.8% to 8.0% range, and adjusted EPS is...
NASA satellite images show that mangrove forests, which protect shorelines, support coastal ecosystems, and store large amounts of carbon along saltwater coasts, are more resilient than scientists once believed. Four decades of Landsat observations reveal that mangrove forest coverage shifted from long-term...
A "fundamentally new" type of vaccine, developed using artificial intelligence for the first time in the world, has the potential to act against a variety of viruses and protect the world from future pandemic outbreaks, say researchers. A Cambridge-led team has developed a way to engineer better vaccines that could provide broad protection from thousands of variants of viruses - such as coronavir
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.