Broadcom (AVGO) closed down 12.6% Thursday, erasing $280 billion in market value, putting it among the biggest single-stock wipeouts of the megacap era. The trigger was Broadcom's AI outlook. The company beat quarterly earnings expectations, but its AI chip sales...

Investors snagged 5% yields on 30-year Treasuries for the first time since 2007, as surging energy prices push inflation — and expectations for more of it — higher. A $25 billion auction of new 30-year bonds on Wednesday was awarded at 5.046% based on the yields that...

Anthropic PBC is in early talks with investors to raise at least $30 billion in fresh financing, according to people familiar with the matter, setting the stage for what could be its largest funding round yet. The Claude maker is in discussions to raise the new...

Goldman Sachs Group Inc.’s use of artificial intelligence is helping the bank scale up without requiring much more hiring, according to President and Chief Operating Officer John Waldron. “I often describe Goldman Sachs as a human assembly line,” Waldron said in an...

The seven largest stockholdings of European sustainable investment funds are US technology companies led by Microsoft Corp. and Nvidia Corp. Of the funds’ top-10 holdings, just one is based in Europe: ASML Holding NV, according to research from Morgan Stanley....

Waymo is recalling thousands of robotaxis to fix a software issue that could cause the autonomous vehicles to drive on flooded roads. The recall affects 3,791 vehicles equipped with the company’s fifth- and sixth-generation automated-driving system, according to...

Global oil markets are losing 100 million barrels every week the Strait of Hormuz is shut, compounding a supply shortage that has already made the Middle East war the most significant supply disruption ever, according to the head of Saudi Arabia’s state oil producer....

A blistering rally has pushed the S&P 500 Index back to all-time highs, and Wall Street veteran Ed Yardeni is confident the benchmark can breach 8,000 points by the end of 2026. Yardeni raised his year-end price target on the 500-member gauge from 7,700 to 8,250,...

Michael Burry, the investor made famous in The Big Short, is warning that the Nasdaq 100 Index is headed toward a dramatic reversal after a “parabolic” surge that has driven technology valuations to unsustainable heights. In a post on Substack, Burry said the market...

The world has burned through oil inventories at a record speed as the Iran war throttles flows from the Persian Gulf, eating into the very buffer that protects against supply shocks. The rapidly shrinking stockpiles mean that the risk of even more extreme price spikes...

German drone startup Helsing GmbH may see its valuation jump to about $18 billion in a new financing round, up from about $14 billion implied in a fundraising last year, the Financial Times reported on Saturday. Plans for a $1.2 billion funding round are at an...