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Stock futures rise following Tuesday’s losses in the Nasdaq

Stock futures rise following Tuesday’s losses in the Nasdaq

Traders are digesting a warning of slowing growth from social media company Snap that hurt the tech-heavy Nasdaq Tuesday.

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FTC launches investigation into infant formula makers over nationwide shortage

FTC launches investigation into infant formula makers over nationwide shortage

The Federal Trade Commission is launching an investigation into whether mergers in the baby formula industry contributed to the current shortage.

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Stocks making the biggest moves after hours: Nordstrom, Urban Outfitters and Intuit

Stocks making the biggest moves after hours: Nordstrom, Urban Outfitters and Intuit

These are the stocks posting the largest moves in extended trading.

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Crypto billionaire says he could spend a record-breaking $1 billion in 2024 election

Crypto billionaire says he could spend a record-breaking $1 billion in 2024 election

Democratic cryptocurrency exchange founder Sam Bankman-Fried says he expects to spend “north of $100 million” in 2024, with “soft ceiling” of $1 billion.

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Allbirds to start selling its shoes in select Nordstrom department stores

Allbirds to start selling its shoes in select Nordstrom department stores

Starting June 1, a selection of Allbirds shoes, including its signature wool sneakers, will be available for sale in 14 Nordstrom locations.

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Cramer’s week ahead: Stocks can’t stage ‘meaningful’ comeback until major obstacles are resolved

Cramer’s week ahead: Stocks can’t stage ‘meaningful’ comeback until major obstacles are resolved

“We need China to reopen, Russia to withdraw from Ukraine, and the [Federal Reserve] to curb-stomp inflation with a 100-basis point rate hike,” Cramer said.

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World Health Organization confirms 80 cases of monkeypox with outbreaks in 11 countries

World Health Organization confirms 80 cases of monkeypox with outbreaks in 11 countries

The WHO said the recent monkeypox outbreaks are unusual because they are occurring in countries where the virus is not endemic.

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Hyundai to invest $5.5 billion to build EVs and batteries in Georgia

Hyundai to invest $5.5 billion to build EVs and batteries in Georgia

The operations are expected to open during the first half of 2025, with an annual production capacity of 300,000 vehicles,

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Asian grocery start-up Weee draws shoppers with tradition, tech and a dash of Hollywood

Asian grocery start-up Weee draws shoppers with tradition, tech and a dash of Hollywood

The company, which specializes in Asian and Hispanic groceries, encourages shoppers to share videos of favorite foods and recipes on its app.

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Report says SpaceX paid woman over Musk sex misconduct claim – he denies ‘wild accusations’

Report says SpaceX paid woman over Musk sex misconduct claim – he denies ‘wild accusations’

SpaceX founder Elon Musk said in a tweet late Thursday that “wild accusations” against him are not true.

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