Airbnb stock price crashed by over 7% on Wednesday as travel companies plunged after a major policy change by the Donald Trump administration. ABNB plunged to a low of $130, down by nearly 8% from its highest point this year. Airbnb stock plunges as Trump stops visas for 75 countries Airbnb share price retreated sharply
According to cybersecurity researchers, a Chinese-linked cyberespionage outfit sent Venezuela-themed phishing emails to US government and policy officials in the days following a US operation to depose Venezuelan President Nicolas Maduro. The previously unknown campaign demonstrates how a long-standing Chinese cyberespionage cell known as “Mustang Panda” continues to exploit big political changes to obtain access
ASML stock (AMS: ASML) surged past a historic $500 billion market capitalization milestone on Thursday as a wave of positive catalysts swept through semiconductor equipment stocks. The Dutch chipmaking equipment maker climbed over 6% in Amsterdam trading, reaching an all-time high of 1,167 euros. The stock’s explosive rally was triggered by TSMC’s blockbuster earnings and
Initial claims for unemployment benefits in the United States fell more than expected in early January, offering fresh evidence that companies are continuing to retain workers even as signs of cooling emerge in the broader labour market. Data released on Thursday showed there were 198,000 initial claims in the week ending January 10, down 9,000
US stocks rose on Thursday as Wall Street attempted to recover from back-to-back losing sessions, with strength in semiconductor shares helping to lift broader market sentiment amid a mixed geopolitical and policy backdrop. The S&P 500 climbed 0.6%, while the Nasdaq Composite advanced 0.9%. The Dow Jones Industrial Average added 165 points, or 0.3%, as
Adobe stock has evolved from one of the hottest trades in Wall Street into one of the top laggards. It plunged to a low of $309, its lowest level since November 2022, and 55% below its highest level in 2021 it has erased billions of dollars in value as the market capitalization dropped from over
Visa, the global leader in digital payments, has partnered with stablecoin infrastructure provider BVNK to integrate stablecoin capabilities into Visa Direct, its real-time money movement network that handles $1.7 trillion in annual volume. The collaboration, announced on January 14, allows select business customers to pre-fund Visa Direct payouts using stablecoins instead of relying solely on
The World Economic Forum’s (WEF) latest Global Risks Perception Survey has issued a sobering assessment of the threats facing global markets and economies over the next decade. Taken together, these risks could materially disrupt trade flows, destabilize supply chains, and depress global growth just as the world economy struggles with fragmentation and eroding institutional trust.
On Wednesday, Brazil’s Federal Police executed search and seizure orders on businessman and investor Nelson Tanure as part of the second phase of Operation Compliance Zero, a broad investigation into alleged financial irregularities involving Banco Master and related entities. Tanure is well-known in Brazil’s corporate environment, particularly for his investments in financially distressed enterprises. According
US producer prices rose at a slightly faster pace in November, while retail sales exceeded expectations, reinforcing signs that the American consumer remained resilient toward the end of the year even as price pressures persisted upstream. Data released by the Bureau of Labor Statistics showed that the producer price index for final demand increased 0.2%