Wall Street News & Breaking Stories

New York Congressman George Santos is exposed as a liar and grifter in Mark Chiusano's book, revealing his shocking and scandalous story.

"AI-driven Nvidia stock is soaring with a 240% gain in 2023. The chipmaker dominates the AI chip market and is set to benefit from growing demand."

Jill Stein, 73, is launching her third presidential campaign, seeking the Green Party's nomination, with the potential to impact the 2024 election.

Walt Disney Co (DIS) has experienced a -1.76% drop in the last session. The company's revenue is expected to grow.

Disney's revenues are below expectations, but the company's earnings and streaming business are improving, and they plan to achieve cost cuts.

Disney's quarterly revenue grew 5%, but fell short of expectations. The company announced an ambitious $7.5 billion cost-cutting plan.

Global equities rise and Treasury yields rebound as hopes of interest rate cuts fade, but uncertainty remains over growth and inflation.

Sam Bankman-Fried, founder of cryptocurrency exchange FTX, has been convicted of one of the biggest financial frauds in US history. Bankman-Fried, who amassed a net worth of $26 billion before turning 30, used his wealth to gain political influence and hired celebrities to promote FTX as safe. However, prosecutors claim that his responsible image was a cover for embezzling customer funds. Bankman-Fried has pleaded not guilty to seven counts of fraud and conspiracy.

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Meta (META) beats earnings expectations in Q3, with advertising revenue of $33.64 billion and a 31% increase in ad impressions. Shares rise 4% in after-hours trading.

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Tesla's Q3 production and delivery numbers were lower than expected due to planned factory upgrades. The company's profit margins also fell, leading to concerns about its high valuation. Tesla's stock price may decrease in the future.

Growing opposition to Rep. Jim Jordan's bid for Speaker of the House has sparked calls to empower Rep. Patrick McHenry with new powers to get the House operational again. McHenry, who currently oversees the chamber as Speaker Pro Tempore, would be faced with challenges such as government spending fights and ongoing cryptocurrency efforts. The idea has gained support from prominent conservative figures, including three former GOP House speakers, and Democrats have also expressed support for expanding McHenry's authorities. However, the proposal faces challenges from Jordan and his allies, and the extent and duration of McHenry's powers are still up for debate.

U.S. Rep. George Santos, R-N.Y., has been charged with conspiracy, wire fraud, and other offenses in a 23-count superseding indictment. The charges include stealing people's identities, making unauthorized charges on donors' credit cards, and lying to the Federal Election Commission. Santos allegedly inflated his campaign's reported receipts and submitted false reports to the FEC to mislead officials and the public. The indictment also alleges that Santos participated in multiple fraudulent schemes. His treasurer, Nancy Marks, has already pleaded guilty to related conduct. Santos has refused to resign and denies the new charges.

"Fair Play" is a gripping and intense thriller about a finance power couple navigating fractured egos and power dynamics.

Wall Street experienced a sharp decline as U.S. interest rates are expected to remain high, causing stocks to fall worldwide.

The possibility of a government shutdown is looming large, after Republican leadership scrapped a procedural vote on a stopgap funding bill to keep the government running through October. Intraparty feuding between moderates and the hard-right lies at the heart of the GOP's inability to reach a compromise and highlights the challenge before House Speaker Kevin McCarthy (R-Calif.).

"Dumb Money" is a movie that tells the real story of a financial rebellion led by small investors against Wall Street. It focuses on the GameStop stock surge and the impact it had on hedge funds. The film aims to champion the little guy and shed light on the flaws of the financial system. The cast includes Paul Dano, Pete Davidson, America Ferrera, and Seth Rogen. The movie highlights the power of social media and the role it played in the stock market frenzy.

Wall Street indexes gain as data suggests the Federal Reserve may keep interest rates unchanged in September.

Billionaire investors are loading up on Apple stock, prompting retail investors to take a closer look. Apple's iPhone ecosystem is strong, and the company continues to share its success with shareholders. While there are concerns about declining sales and a high valuation, many believe Apple is still a good long-term pick.

Global shares and the dollar rise after US consumer price inflation moderates, boosting hopes of the Fed's rate-hiking cycle nearing its end.

Dave Portnoy regains full ownership of Barstool Sports after PENN Entertainment sells its stake amid a new deal with ESPN.

Penn Entertainment completes the acquisition of Barstool Sports for $551 million, but the companies are now going their separate ways.

Amazon's Q3 revenue growth is expected to be strong, beating expectations and leading to a rally in its shares.

AMD shares surge after Q2 results beat Wall Street estimates. Data-center revenue and PC sales slightly below expectations.

Fast food stocks fluctuate after quarterly earnings reports, some exceeding expectations.

ECB expected to raise rates as Fed raises interest rates.

Facebook's parent company Meta sees strong earnings, stock up 7%.

Wall Street sees gains, but mixed results from Netflix and Tesla.

Shares of Carvana surge as online used car seller beats expectations.

SAG AFTRA President Fran Drescher faces controversy over antivax stance.

Wall Street's winning week continues as inflation eases on economy.

Indian shares hit record highs as US inflation moderation boosts sentiment.

U.S. stocks rise as inflation eases, tech sector leads gains.

Jonah Hill's ex-girlfriend, Sarah Brady, accused him of emotional abuse, while Hill sells merchandise promoting "complete unrelenting control" on his website.