Wall Street’s booming year will not be enough to stave off a financial crisis that Mayor Zohran Mamdani says is worse than the Great Recession nearly two decades ago.

Investors are increasingly souring on the United States, as illustrated by the declining dollar, the stalled stock market and rising government borrowing costs.

The Big Tech rivals are spending more than ever, but analysts are more concerned about Microsoft at the moment.

A day of dramatic swings on Wall Street, including Microsoft's worst drop in nearly six years, finished with only relatively modest moves.

Meta gains on earnings beat. Microsoft outlines Q3 revenue target amid accelerating AI cloud demand and Copilot seat growth. Tesla beats Q4 expectations, gives upbeat outlook.

Microsoft saw its stock fall by 10% by the end of trading, doubling yesterday’s losses and jettisoning $357 billion in market value in the process. It was a larger move than the market caps of about 96% of S&P 500 Index members, and bigger than the values of stock markets in countries such as Finland, Vietnam and Poland.

Wall Street ticked to a record as stocks zigzagged underneath the market's surface following mixed profit reports from UnitedHealth, General Motors and other big companies

Although Walt Disney has underperformed relative to the broader market over the past year, Wall Street analysts maintain a strongly optimistic outlook about the stock’s prospects.

Software stocks are skidding today. The rout underscores how fast Wall Street’s enthusiasm for the sector has evaporated in the months since the emergence of “vibe coding”—the practice of using

The worst day for Microsoft in nearly six years is yanking the U.S. stock market away from its record heights.

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