market-news

01
Jul

Stock Market News — July 01, 2026 — Morning Update — Last 12 Hours (Pacific Time)

Meta's stock surged 10% after announcing plans to sell excess AI compute capacity, rattling chip stocks and cloud infrastructure providers like CoreWeave and Nebius. Meanwhile, the Dow hit a new intraday record as OpenAI efficiency gains and a wave of mega-deals and IPOs drove mixed but broadly opti
6 min read
21
Apr

Disney CEO Eligible For $45m Package While Firing 1,000 Staff Who 'Actually Draw The Movies'

Disney is firing 1,000 staff members described as those who 'actually draw the movies,' while its CEO