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US stock market crash: Why is stock market falling sharply today — Dow, S&P 500, and Nasdaq sink as AI overhype shows its true colorsUS stock market crash deepened Thursday as AI overhype fears collided with bleak jobs data. Dow Jones fell 0.8%, S&P 500 dropped 0.9%, and ...- Moderna plans to lay off 10% of workforce to cut costsModerna is set to reduce its global workforce by roughly 10%, aiming for under 5,000 employees by year's end, as it accelerates cost-cuttin...
- Moderna layoffs: U.S. Pharma giant announces massive job cuts, to have less than 5,000 employees, MRNA stocks sinkModerna had said earlier this year it expects operating costs to be between $4.7 billion and $5 billion for 2027. MRNA stock, which has los...
- S&P 500, Dow slip in volatile session as yields rise, earnings disappointRichmond Federal Reserve President Thomas Barkin said on Thursday US inflation remained too high, although recent readings indicated an eas...
- US stocks rally on hopes for vaccine and economic recoveryThe stock market bounced back from its worst week in nearly two months Monday as optimism about a potential vaccine for the coronavirus and...
- Wall Street gets PayPal lift as Nasdaq wipes out 2020 declinesEnergy, financials and materials, which have lagged this year, led the way among S&P 500 sectors, while consumer staples lagged the most.
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