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Finance - Page 7

Stocks Rally as AI Boom Offsets Oil Concerns

Wall Street moved toward an eighth consecutive weekly gain, while European markets posted their strongest performance since early April. Technology shares fueled momentum, with investors continuing to back companies linked to artificial
22/05/2026

Meta Details Layoffs and Shift Toward AI Workflows

The Facebook parent company will downsize its workforce by 10% on Wednesday, with further workforce reductions planned later. Chief People Officer Janelle Gale announced plans to move 7,000 employees into new, specialized
19/05/2026

Home Depot Beats Estimates Despite Housing Hurdles

Pre-market shares ticked upward after the top U.S. home improvement retailer beat first-quarter Wall Street expectations. Steady consumer demand drove higher average spending per trip, counteracting broader inflationary pressures in the housing
19/05/2026

Germany Launches Historic Sale of Bailed-Out Uniper

Pre-market shares ticked upward after the top U.S. home improvement retailer beat first-quarter Wall Street expectations. Steady consumer demand drove higher average spending per trip, counteracting broader inflationary pressures in the housing
19/05/2026
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