Business Sun Times
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Wall Street tumbles as AI debt fears and oil prices spike trigger broad market selloff
Technology stocks led declines as CoreWeave and other AI infrastructure firms faced renewed pressure over debt concerns, while…
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CoreWeave’s GPU-backed debt fuels AI growth but triggers bond market fears
CoreWeave provides GPU cloud infrastructure for AI training, using Nvidia chips as collateral for debt that has driven…
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Analysts Expect Mixed Q2 Earnings with Tech Resilience Amid Banking Pressures
Investors brace for Q2 earnings as consensus estimates show tech sector strength contrasted with banking sector headwinds from…
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Rising Oil Prices Pressure Corporate Earnings and Consumer Spending Amid Market Turbulence
Higher energy costs are squeezing profit margins in transport and manufacturing while fueling inflation, contributing to recent stock…
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Nasdaq and S&P 500 End Lower as Hot Inflation Data Fuels Selloff
New York, October 16 – US stocks took a hit on October 16 as inflation data showed a…
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Tax Credit Turmoil: Why Enphase and SolarEdge Face a Tough Road
SAN FRANCISCO, October 16 — Enphase Energy and SolarEdge Technologies are facing mounting pressure as uncertainty over the…
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Mortgage Rates Push DC Area September Sales to Near-20-Year Low
WASHINGTON, October 16 — Home sales in the Washington, D.C. region fell 8.4% in September compared to the…
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Wall Street Faces Rising Term Premium as Bond Selloff Signals Market Stress
A surge in the Treasury term premium to 12-year highs reflects growing investor demand for compensation amid fiscal…
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Stock market volatility rises as AI investment doubts and inflation concerns weigh on U.S. equities
U.S. stocks slipped from recent highs amid slowing AI revenue growth, rising inflation, and investor caution over interest…
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Morgan Stanley’s Wealth Arm Sees Record Inflows From IPOs
Morgan Stanley’s wealth management division brings in record $232 billion in net new assets
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AI Stock Rally May Be Overextended
Valuation metrics and insider selling suggest AI optimism is detaching from fundamentals
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JPMorgan Chase Flags Model Risk and Data Security as Core AI Adoption Challenges
As the bank expands AI use internally and finances AI-driven firms, it identifies model risk, data security, and…
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Netflix Cuts 1,000 Jobs Amid Streaming Saturation and Industry-Wide Tech Pressures
Netflix’s largest layoffs since 2022 reflect slowing subscriber growth, cost discipline, and broader tech sector retrenchment as streaming…
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Kenneth Lay and the Collapse of Enron: A Timeline
Few corporate collapses move as quickly as Enron’s did, and Kenneth Lay sat at the centre of it…
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Andrew Grove: A Career Retrospective
Andrew Grove arrived in the United States in 1957 penniless and barely able to speak English. Four decades…
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US stocks drop to their worst day since July as inflation worsens
NEW YORK — The S&P 500 posted its worst one‑day percentage drop since late July as hotter‑than‑expected inflation…
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John Chambers: From Iron Sands Pioneer to Forgotten Entrepreneur of 19th Century New Zealand
A British immigrant who tried to turn New Zealand’s iron sands into steel, Chambers built a furnace in…
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Hot inflation data triggers sharp Nasdaq decline and Wall Street sell-off
September’s hotter-than-expected U.S. inflation data spurred fears of further Federal Reserve rate hikes, driving tech stocks lower and…
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Ondo Private Markets: Revolutionizing Access to Private Company Shares
NEW YORK, October 12 — Ondo Finance launched Ondo Private Markets on October 5, 2026, a platform that…
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No Launches, Big Plans: Canada Rocket Company Bets It Can Rival SpaceX
NEW YORK, June 27 — On the floor of the Toronto Stock Exchange, the scene is familiar: suits,…
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Key Players in the Shadow Fleet: Owners, Operators, and Enablers
MOSCOW, July 12 — The shadow fleet moving Russian oil is not a single fleet at all. It…
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Indra Nooyi: A Career Retrospective
A Chennai-born strategist ran one of the world’s biggest food and beverage companies for twelve years. Indra Nooyi…
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PC Shipments Fall 20.1% in Q3 2026 as Early Stockpiling and High Prices Cut Demand
NEW YORK, October 11 — Global personal computer (PC) shipments plunged by a staggering 20.1 percent in the…
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Trump Says Russia Will Supply Diesel to US and Global Markets as Allies Object
NEW YORK, October 10 — Former U.S. President Donald Trump has claimed that Russia had agreed to supply…
Most read
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CoreWeave’s GPU-backed debt fuels AI growth but triggers bond market fears
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Wall Street Reassesses AI Valuations as Market Wobbles Highlight Debt Risks
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Nidec Machine Tool Launches MVR-5X Double-Column Five-Axis Milling Machine
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Anthropic Delays IPO as Gartner Data Shows AI Costs Outrunning Projected Revenue
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AppLovin Hit With Securities Class Action Over Alleged Misstatements on AI Model Strength
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Asian Stocks Mixed as Investors Weigh Nvidia Fallout and Leadership Exit
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Tether Gold’s KPMG Audit Sets New Verification Standard for Tokenized Commodities
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US Market Volatility Persists as Investors Debate if Tech Selloff Has Bottomed
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Nvidia shares fall 3% as traders open $9.1M short on Huang spy scandal
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Japan Tobacco’s 272-yen dividend at risk as Putin seizes Russian assets, stock crashes 19%
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How European Airlines Use Financial Hedging to Weather Surging Fuel Costs
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How the Century-Old Jones Act Shapes Fuel Costs and Regional Shipping in Hawaii
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How Router Failures and Outdated Tech Triggered the Nationwide FAA Ground Stop
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Why Soaring Jet Fuel Costs and Surging Demand Mean High Airfares Are Here to Stay
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Private Equity Takeover of easyJet Risks Higher Fares and Service Cuts
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Copper Faces Tug-of-War Between Macroeconomic Headwinds and Structural Shortages
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Inside Archer-Daniels-Midland’s Strategy for Scaling Global Agribusiness
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How Shifting Macroeconomic Conditions Are Reshaping Global Commodity Market Allocations
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China’s New Trade Corridors: How State-Backed Buying Bypasses U.S. Commodity Suppliers
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How Nigeria’s Lithium Factories Could Reshape Africa’s EV Battery Costs and Energy Security