Nvidia stock sinks despite better-than-expected results

Nvidia stock sank 5% on Thursday, as investor concerns around the artificial intelligence infrastructure boom dampened enthusiasm about its better-than-expected earnings. Revenue for its fiscal fourth-quarter hit $68.13 billion, ahead of analyst estimates of $66.21 billion, according to LSEG. Total revenue climbed 73% from the figure Nvidia reported a year ago and guidance also came…

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Warren calls Trump’s bluff on affordability after State of the Union

Ranking member Sen. Elizabeth Warren, D-Mass., questions Treasury Secretary Scott Bessent during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Financial Stability Oversight Council’s Annual Report to Congress,” in Dirksen building on Thursday, Feb. 5, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images Democratic Sen. Elizabeth Warren is calling President…

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eBay to lay off 800 staff

eBay is cutting about 800 jobs, or 6% of its full-time workforce. “We are taking steps to reinvest in our business and align our structure with our strategic priorities, which will impact certain roles in our workforce,” the company said in a statement. “We are grateful for the contributions of the affected employees and are…

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