U.S. stocks advanced Friday, with the S&P 500 closing just shy of a record high, fueled by a successful Nasdaq debut for chipmaker SK Hynix and investor optimism ahead of second-quarter earnings reports.
The New York Times has filed a countersuit against the U.S. Equal Employment Opportunity Commission, claiming the agency's lawsuit over the company's hiring practices is illegal retaliation for its critical coverage of the Trump administration.
Energy company Holtec Nuclear Corporation, a developer of small modular reactors, has officially filed for an initial public offering in the United States. The company intends to list on Nasdaq under the ticker symbol 'HNUC'.
Energy technology firm Holtec Nuclear Corporation has filed for an initial public offering in the U.S., seeking to raise capital for its development of small modular reactors (SMRs). The company plans to list on Nasdaq under the ticker 'HNUC'.
Meta has withdrawn its new 'Muse Image' AI feature, which generated images using public Instagram photos, following significant criticism over its automatic opt-in policy from users and the SAG-AFTRA union.
The U.S. Securities and Exchange Commission has updated its guidance to require activist investors to identify their clients in key regulatory filings, a move that increases transparency and may impact hedge fund campaign strategies.
New York City will require businesses to offer a simple 'Click to Cancel' option for subscriptions and disclose all mandatory fees upfront, with new rules taking effect on October 1. The policy, a first for a U.S. city, aims to combat so-called subscription traps and junk fees.
Analysts issued a flurry of major calls on AI-related stocks, with Raymond James initiating SpaceX with a bullish $800 target, while Bernstein downgraded Salesforce on weak feedback for its AI product.
Artificial intelligence is making financial markets more efficient by speeding up analysis, but it also introduces new risks like synchronized trading and feedback loops that could amplify volatility, according to a research note from Bernstein.
