January 23, 2026
US weekly jobless claims increase by 1,000 to 200,000, below forecasts
The number of Americans filing new claims for unemployment benefits rose slightly last week but remained well below expectations, reinforcing signs that the US labour market continues to expand at a steady, if subdued, pace. Initial claims for state unemployment benefits increased by 1,000 to a seasonally adjusted 200,000 in the week ended January 17, […]
January 23, 2026
AI boom will create ‘six-figure salaries’ for skilled trades, says Nvidia’s Jensen Huang
Nvidia CEO Jensen Huang is the latest tech leader to champion skilled trades over traditional office careers, suggesting the AI boom will create “six-figure salaries” for the workers building the infrastructure to support it. Speaking at the World Economic Forum in Davos on Wednesday, Huang, a leading figure in the field of artificial intelligence, expressed […]
January 23, 2026
Why Nvidia stock’s rally is stuck — and can it break free?
Nvidia’s stock remains stuck, with shares struggling to regain upward momentum despite the continued expansion of artificial intelligence investment across the technology sector. The lack of sustained gains reflects a broader rotation away from megacap technology stocks, as well as lingering uncertainty around Nvidia’s exposure to China. Nvidia shares were up around 0.8% at $185.02 […]
January 23, 2026
Why Intel stock is down today: INTC falls ahead of Q4 earnings report
Intel stock (NASDAQ: INTC) are pulling back Thursday as Wall Street positions ahead of the chipmaker’s highly anticipated quarterly earnings report due after the bell. The investors seem to be taking profits after a stunning 11.7% rally on Wednesday and repositioning for results that could reset expectations for the company’s recovery. The stock is down […]
January 23, 2026
Elon Musk taps top Wall Street banks for SpaceX mega IPO
Elon Musk’s SpaceX has begun lining up senior roles at four major Wall Street banks as it races toward a potentially record-breaking initial public offering. As per a Financial Times report, Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley are being positioned for lead underwriting roles in what would rank as one of […]
January 23, 2026
Trump files $5B lawsuit against JPMorgan over alleged ‘debanking’
President Donald Trump filed a lawsuit against JPMorgan Chase and CEO Jamie Dimon on Thursday seeking at least $5 billion in damages, alleging that the bank closed his accounts for political reasons following the January 6, 2021, Capitol events. The complaint, filed by Trump’s attorney Alejandro Brito, accuses the nation’s largest bank of trade libel, […]
January 23, 2026
Europe bulletin: London stocks rise, Trump’s threat backfires, Germany expels Russian diplomat
European markets steadied after Donald Trump abruptly shelved threatened “Greenland tariffs,” lifting the FTSE 100 and broader Stoxx 600 as investors rotated back toward risk. In the UK, Vanguard undercut Labour’s domestic-investment push by cutting “home bias” across its LifeStrategy range despite fee reductions. Meanwhile, fresh data shows Europe still piled into US Treasuries through […]
January 23, 2026
Evening digest: P&G misses revenue, gold slips, US spending stays resilient
Global markets steadied on Thursday after President Donald Trump abruptly walked back his tariff threat linked to Greenland at Davos, sparking a relief rally in US and European equities, even as the details remain unclear. In corporate news, Procter & Gamble beat profit expectations but missed revenue targets, pointing to softer consumer demand and new […]
January 23, 2026
Why is AMD stock soaring 2% today: here’s why upside may continue
Advanced Micro Devices (NASDAQ: AMD stock) continued the rally on Thursday after Wall Street’s most bullish analysts unleashed fresh upgrades focused on extraordinary demand for the chipmaker’s server processors. KeyBanc Capital Markets analyst John Vinh told clients that demand from hyperscalers has left AMD nearly depleted of server CPUs for the entire year, a constraint […]
January 23, 2026
Intel stock falls 5% as forecast disappoints, chipmaker warns of margin pressure
Intel Corp. shares fell as much as 5% in after-hours trading on Thursday after the chipmaker issued a first-quarter outlook that missed Wall Street expectations, tempering optimism around its long-awaited turnaround. The company forecast first-quarter revenue of about $12.2 billion at the midpoint of its guidance, below the $12.6 billion average estimate compiled by Bloomberg. […]
January 23, 2026
Trump says US should have tested NATO by invoking Article 5 over border security
President Donald Trump on Thursday said the United States should have considered testing NATO by forcing member countries to respond to America’s southern border crisis. Trump speculated in a post on Truth Social that the U.S. could have invoked Article 5 — the alliance’s collective defense clause that deems an attack on one member as […]
January 23, 2026
RNC eyes ‘America First’ midterm convention to boost Trump, GOP ahead of critical elections
— The Republican National Committee (RNC) is taking a big step toward holding its first-ever midterm convention. The RNC on Thursday advanced a change to the party’s rules that would allow Chairman Joe Gruters ‘to convene a special ceremonial convention outside a presidential election cycle,’ according to a memo shared first with Fox News Digital. […]