US stocks finish higher after volatile session as S&P 500 breaks out of slump

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A big screen display of stock prices hangs behind traders working at the New York Stock Exchange NYSE.
A big screen display of stock prices hangs behind traders working at the New York Stock Exchange NYSE on May 9, 2022.

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Wayfair crashes 31% as the online furniture retailer says it lost more than 5 million customers last year and posts wider quarterly loss

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wayfair

AP Photo/Jenny Kane

Tesla is still the benchmark in EVs, and some rivals will fail or be bought, says former Ford CEO

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mark fields ford
Mark Fields, former President and CEO of Ford, speaks at the North American International Auto Show (NAIAS) on January 9, 2017 in Detroit, Michigan.

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Billionaire investor Cliff Asness says stocks are 'woefully' unprepared for a macro shock in the event inflation doesn't come down as expected

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Cliff Asness
Cliff Asness.

Lucy Nicholson/Reuters

Jamie Dimon says a soft landing is possible, but 'scary stuff' is ahead

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Jamie Dimon, CEO, JPMorgan Chase
Jamie Dimon.

Misha Friedman/Getty Images

The retail trading frenzy that sparked a FOMO trade this year may be about to slow, and that's bad news for the stock market

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Stock Trader

Photo by TIMOTHY A. CLARY/AFP via Getty Images)

Soaring energy prices and bad weather have led to a salad crisis in the UK as supermarkets ration tomatoes and cucumbers

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salad

Photo by Alex Tihonov/Getty Images

Netflix plunges after the streaming giant launches a wave of price cuts in 100 countries in the face of stiff competition

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prime video netflix spotify subscriptions
Prime Video, Netflix, and Spotify are three popular subscription services.

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Companies must use artificial intelligence to compete or go bankrupt as the pace of advancement soars, Ark Invest futurist says

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Alphabet CEO Sundar Pichai
Alphabet CEO Sundar Pichai

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Tesla will be the winner of the electric vehicle market by leading the charge on AI and energy, Ark Invest's Cathie Wood says

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Cathie Wood.

Ark Invest, File (for Wood) and Hannibal Hanschke/Pool Photo via AP, File (for Musk).

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