Business Blog

Nvidia is now worth more than Amazon thanks to the AI chip boom

Nvidia surpassed Amazon in market capitalization on Tuesday.

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Instacart to lay off 250 employees, or about 7% of the company, as part of restructuring

Instacart on Tuesday announced it would lay off about 250 employees, or roughly 7% of the company, alongside reporting fourth-quarter earnings.

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DoubleLine's Jeff Gundlach warns that stocks are as 'overvalued' as early 2022

The prior bull market for stocks peaked about two years ago, with the S&P 500 hitting a record high on Jan. 3, 2022.

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Airbnb reports better-than-expected revenue and beats on guidance

Airbnb reported 17% revenue growth for the fourth quarter, and provided an optimistic forecast for the current period.

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Airfare is down, but here's why that may not last for long

Airfare fell 6.4% in January from a year earlier, according to the latest inflation report.

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These are the stocks hedge funds are betting the most against with S&P 500 at this lofty level

Investors hiked up their short bets on several energy and electric vehicle-related names during the last two weeks of January.

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