Sony Raises PS5 Prices in Europe Due to 'Challenging Economic Environment'
Sony has raised PlayStation 5 prices Europe, Australia, and New Zealand, citing a "challenging economic environment, including high inflation and fluctuating exchange rates."
Fear of unemployment jumps to highest level since the pandemic
Not since the early weeks of the pandemic have Americans been this certain that unemployment will spike.
Photos show reactions at the New York Stock Exchange as Trump's tariff announcements sent markets crashing and soaring
Traders at the New York Stock Exchange had a stressful few days last week amid a trade war driven by President Donald Trump's tariffs.
NY Fed: March near term inflation expects jump amid souring sentiment levels
Americans’ expectations for near-term inflation hit the highest level since the fall of 2023 in March, amid a souring in the public’s assessment of their personal finances and hiring prospects, a report from the Federal Reserve Bank of New York said on Monday. The bank said that in its latest Survey of Consumer Expectations, respondents see inflation a year from now at 3.6%, up from 3.1% in February, matching the same level last seen in October 2023. The sharp increase in near-term expectations came as the projected level of inflation three years from now held steady at 3%, while the forecast for inflation in five years tipped down to 2.9% in March from 3% the prior month.
Nvidia Moves AI Supercomputer Production to U.S., Opening New Avenues for Crypto Miners
Nvidia will build Blackwell chips in Arizona and AI supercomputers in Texas to meet surging AI demand.
Kidney Disease Treatment Firm DaVita's Stock Falls on Ransomware Attack Disclosure
Shares of DaVita led S&P 500 decliners Monday morning after the dialysis services firm revealed it had suffered a ransomware attack.
Watch These Netflix Stock Price Levels Ahead of Earnings Report This Week
Netflix shares moved higher to start the week as the streaming giant gets set to report earnings after Thursday’s close. Monitor these vital chart levels.
Google to Restrict Crypto Ads in EU to MiCA-Licensed Firms
Crypto exchanges and wallet apps must meet EU's MiCA licensing rules to advertise in Google's platforms in 27 countries.
Palantir Stock Pops After NATO Acquires AI-Enabled Warfighting System
Shares of Palantir Technologies led S&P 500 gainers Monday morning after NATO announced it had acquired the firm's artificial intelligence-enabled military system.
Wall Street’s Trading Revenue Powered by Tariff Uncertainty
Goldman Sachs is the latest big bank to report that increased trading fueled its quarterly profit.