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US stocks open lower, extending selloff as tech stocks drag

US stocks fell sharply Friday as renewed selling in technology names weighed on broader markets, extending a volatile week marked by concerns over

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Latest News

US-Switzerland trade deal: tariffs slashed to 15%, boosting pharma and watches

After months of punishing trade tensions, the US and Switzerland announced a breakthrough deal on Friday that will slash tariffs to 15% from

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Business

Tesla’s shareholders approve Elon Musk’s $1 trillion pay package

Tesla Inc. investors have overwhelmingly approved Elon Musk’s $1 trillion compensation package, a record-setting deal that cements the billionaire’s grip over the electric-vehicle

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Business

Tesla eyes chip independence with plans for a massive semiconductor fab

Tesla is exploring the idea of building its own semiconductor fabrication plant to meet rising demand for chips that power its artificial intelligence

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Business

Vodafone and AST SpaceMobile to build Europe’s first direct satellite-to-smartphone network

Vodafone and AST SpaceMobile are collaborating to create a satellite constellation that will deliver mobile broadband directly to smartphones across Europe. The project

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Business

After $1 trillion pay vote: what Tesla’s Musk-centric governance means for AI ambitions

Tesla shareholders have handed Elon Musk a historic vote of confidence, and a path to a possible $1 trillion payday, as the company

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Business

Dow futures plunge 95 points on Friday: 5 things to know before Wall Street opens

Dow futures were down about 95 points, or 0.2%, on Friday, continuing the rough week for US markets, especially tech. The Dow’s been

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Business

Wall Street wobbles at open as big tech selloff, US shutdown weigh on sentiment

Wall Street indices slipped on Friday as big tech names lost steam, dragging the broader market down. The S&P 500 fell about 0.5%,

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Business

Tesla stock slip after Musk’s $1T pay package approval

Tesla’s stock dipped on Friday morning, even after shareholders overwhelmingly approved CEO Elon Musk’s record-breaking $1 trillion compensation package. Shares fell 5.04% to

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Business

Weekly wrap: Mamdani win, SC questions Trump’s tariffs, Tesla approves Musk pay package

The past week has been one of extraordinary developments across politics, markets, and technology. From a historic mayoral election in New York to

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