Top accounts offer over 4% APY The national average money market account rate stands at 0.57%. Some top accounts are currently offering over 4% APY. The highest rate of 4.01% APY is offered by TotalBank Online Money Market Deposit Account, requiring a $2,500 minimu
NASDAQ index plunges 4.18% after strong US employment report The US stock market declined sharply on Friday, with the NASDAQ index tumbling 4.18% and the S&P 500 falling 2.65%. The decline was triggered by a stronger-than-expected US employment report, which showed no
CrowdStrike and Palo Alto Networks shares decline CrowdStrike and Palo Alto Networks lost 8% and 3% respectively after earnings. The introduction of Anthropic's Mythos model had boosted shares of both companies over 70% between April and May. Mythos is deemed too
Friday’s labor report triggered a tech sell-off, dragging major U.S. equity benchmarks lower as traders reassessed rate-cut expectations. U.S. stocks closed sharply lower Friday after May’s jobs report disappointed, pressuring the tech sector and broader market. The Dow dr
U.S. equities closed sharply lower as weaker-than-expected payrolls data fueled concerns over economic growth and tech valuations. The Nasdaq Composite tumbled 4% on Friday, leading losses across U.S. equities after May’s labor market report disappointed investors. The dec
American Airlines stock rebounded Friday, trimming losses after an 11% drop over the prior six sessions. American Airlines (AAL) closed at $13.51 on Friday, up 1.54%, breaking a six-session losing streak that erased roughly 11% of its value between May 28 and June 4. <
Investors trimmed tech exposure after May's jobs report, driving the Nasdaq Composite to its steepest decline in over two months. The Nasdaq Composite fell 4.1% on Friday, leading a broad market retreat as investors digested May’s labor market data and reduced positions in
GameStop CEO Ryan Cohen seeks to acquire eBay GameStop CEO Ryan Cohen is preparing for a potential hostile takeover of eBay. Cohen has expressed interest in owning the online marketplace. eBay shares have moved higher on the news, set to close the week in t
A majority of the S&P 500's market value is now in stocks with valuations exceeding 10 times revenue, signaling elevated investor expectations. More than half of the S&P 500's total market capitalization is now in stocks trading at over 10 times sales, reflecting a sharp r
The index falls more than 1,000 points amid concerns over Microsoft’s potential equity market funding for AI infrastructure expansion. The NASDAQ plunged 3.84% to 25,801, hitting a session low of 25,753.93, as selling pressure intensified following reports Microsoft may se
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