Andy Jassy, CEO of Amazon, speaks during an unveiling event in New York, Feb. 26, 2025. Michael Nagle | Bloomberg | Getty Images Amazon‘s stock plunged 11% in extended trading on Thursday, dragged lower by market jitters around the company’s $200 billion capex plans, the highest spending forecast among the megacap companies. The forecast is…
Restored Cheonggyecheon at night, Seoul. Renan Gicquel | Moment Open | Getty Images South Korea’s Kospi plunged as much as 5% Friday, leading another weak session in Asia markets after a tech-led rout on Wall Street. The South Korean index pared losses and was last down 3.20%; the small-cap Kosdaq was down 3.17%. Index heavyweights…
Amazon shares plummeted Thursday evening after the tech giant revealed a $200 billion capital expenditures plan for this year. Additionally, management’s current quarter profit forecast miss overshadowed what was otherwise a generally good final quarter of 2025. Revenue increased 14% year over year to $213.39 billion, beating expectations for $211.33 billion, according to estimates compiled…
President Donald Trump makes an announcement from the Oval Office at the White House in Washington, Nov. 6, 2025. Jonathan Ernst | Reuters President Donald Trump on Thursday announced the launch of TrumpRx — a direct-to-consumer website that is key to his administration’s efforts to lower prescription drug costs in the U.S. The president said…
Roblox Corp. headquarters in San Mateo, California, Feb. 3, 2026. David Paul Morris | Bloomberg | Getty Images Roblox shares surged as much as 20% in extended trading Thursday after the company reported results for the fourth fiscal quarter that beat consensus estimates. Here’s how the gaming company did, compared with estimates from analysts polled…
Sopa Images | Lightrocket | Getty Images Reddit shares rose 6% and then receded to flat in after-hours trading on Thursday after the company reported fourth-quarter earnings that beat on the top and bottom lines and gave strong guidance for the start of 2026. Here’s how the company did compared with LSEG estimates: Earnings per…
Shares of Bob’s Discount Furniture barely budged on the New York Stock Exchange on Thursday after the company priced its initial public offering at $17 per share. That price was within Bob’s expected range of $17 to $19 per share and valued the company at about $2.22 billion. The stock, trading on the NYSE under…
Andy Jassy, CEO of Amazon, arrives at The Sun Valley Resort for the Allen and Company Sun Valley Media and Technology Conference in Sun Valley, Idaho, U.S., July 8, 2025. Brendan McDermid | Reuters Amazon is slated to report fourth-quarter earnings after the bell on Thursday. Here’s what analysts polled by LSEG are expecting: Earnings…
Sen. Elizabeth Warren (L), and Treasury Secretary Scott Bessent during a Senate Banking Committee hearing on Feb. 5th, 2026. Getty Images | Reuters Treasury Secretary Scott Bessent on Thursday refused to rule out the possibility of a criminal investigation of Kevin Warsh, President Donald Trump‘s nominee for Federal Reserve chair, if Warsh ends up refusing to…
The logo of pharmaceutical company Novo Nordisk is displayed in front of its offices in Bagsvaerd, Copenhagen, Denmark, Feb. 4, 2026. Tom Little | Reuters Novo Nordisk said Thursday it will take legal action against Hims & Hers after the telehealth provider announced it would launch a cheaper copycat version of Novo’s Wegovy weight loss…
