Category: Top Story
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Meta introduces free Facebook Verified badge to authenticate real users
Meta (NASDAQ:META) has unveiled Facebook Verified, a new free verification badge designed to confirm that a Facebook profile belongs to a real person through a selfie-based identity verification process. Unlike the company’s paid verification offerings, the new badge is available at no cost to eligible users and is intended to strengthen authenticity across the platform.…
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Palantir shares climb after U.S. agency withdraws military intelligence contract bid
Palantir Technologies (NYSE:PLTR) shares gained around 1% in premarket trading on Friday after reports that a U.S. government agency had withdrawn a procurement process for a military intelligence system following a formal protest by the software company. The development is viewed as a positive outcome for Palantir as it continues to expand its presence within…
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Intel earnings and lower oil prices lift hopes for Wall Street rebound: Dow Jones, S&P, Nasdaq, Futures
U.S. stock futures pointed to a firmer open on Friday as investors looked to recover from the previous session’s broad sell-off, with stronger-than-expected results from Intel and a sharp decline in oil prices helping improve market sentiment. The positive mood followed a difficult trading day in which technology stocks led the market lower amid renewed…
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American Express shares slip despite earnings beat as revenue falls short of forecasts
American Express (NYSE:AXP) shares declined more than 2% in premarket trading on Friday after the financial services company reported second-quarter earnings that exceeded analyst expectations, while revenue came in slightly below market forecasts. Although the company delivered higher profits and raised its full-year revenue growth outlook, investors focused on the modest revenue miss following the…
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America’s Tungsten Supply Chain Comes Into Focus as New Defense Policy Highlights Strategic Importance of Domestic Critical Minerals
The United States is taking further steps to strengthen its defense supply chains and reduce reliance on vulnerable overseas sources of critical materials, a move that could have significant implications for strategic metals such as tungsten. A new Executive Order from the White House has placed greater emphasis on ensuring that critical materials and components…
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eBay shares fall as Meta expands Facebook Marketplace with dedicated Seller app
Shares of eBay (NASDAQ:EBAY) declined 3.7% on Friday after Meta (NASDAQ:META) introduced a standalone Seller app for Facebook Marketplace, prompting fresh concerns that the social media giant is targeting the online marketplace’s professional merchant base. Although the app’s launch had been publicly announced, the market reaction reflected investor worries that Meta’s latest move could intensify…
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Intel shares rise after AI-driven revenue beats expectations and outlook improves
Intel (NASDAQ:INTC) shares climbed more than 4% in premarket trading on Friday after the semiconductor company posted its fastest quarterly revenue growth in over 15 years and issued stronger guidance for the current quarter, highlighting continued momentum from artificial intelligence investment. The latest results exceeded Wall Street forecasts and reinforced investor confidence that Intel’s turnaround…
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SpaceX pushes Starship Flight 13 launch to Friday because of weather
Space Exploration Technologies Corp (NASDAQ:SPCX) has delayed the 13th test flight of its Starship launch system until Friday after unfavorable weather conditions prevented a planned Thursday liftoff from the company’s Starbase facility in Texas. The postponement gives SpaceX another opportunity to conduct the mission under conditions that better support one of the flight’s primary engineering…
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Middle East tensions and new U.S. tariffs dominate market attention: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures edged higher on Friday as investors balanced escalating geopolitical tensions in the Middle East against encouraging corporate earnings from the technology sector. Markets also assessed the impact of fresh U.S. trade tariffs and ongoing developments in artificial intelligence, while stronger-than-expected results from Intel provided support for sentiment. Futures recover after previous market…
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AI Spending Jitters and $100 Oil Sink Wall Street; Nasdaq Drops 2.2%
Stocks fell sharply on Thursday as a jump in oil prices collided with fresh worries about how much big technology companies are spending to build out artificial intelligence. A surge in crude past $100 a barrel, driven by escalating tensions in the Middle East, stoked inflation fears and pushed Treasury yields to their highest levels…