Farewell, FAANGs: Big tech stocks sink and Dow falls more than 500 points
CNN
Many investing experts have been predicting for some time that there will be a shift away from big tech towards value stocks. It might finally be happening.
The broader market fell sharply Monday. The Dow dropped by more than 500 points, or 1.5%, in early trading while the S&P 500 and Nasdaq were down 1.9% and 2.4% respectively.
Growth stocks in particular have been pummeled so far this year due to fears about inflation slowing the economy.
They are still the rarest of Republicans – those who have spoken out and stood up to President Donald Trump over the past year, willfully saying something he rarely hears: No.
The Trump administration has signaled to the Smithsonian Institution that the White House could withhold federal funding from the museum organization if it does not comply with the administration’s unprecedented, sweeping review.
This weekend’s gathering of young Republicans and conservative influencers in the Arizona desert offered a glimpse into the divisions already fraying President Donald Trump’s coalition even before its lame-duck leader is out of the picture.
The US is pursuing a vessel in international waters near Venezuela on Sunday after attempting to intercept it, a US official said, as President Donald Trump’s administration tightens its crackdown on the country’s oil industry.
Power was restored Sunday morning to the bulk of the 130,000 homes and businesses in San Francisco impacted by a massive outage on Saturday that caused major disruptions in the city.
When Rep. Dan Goldman first ran for Congress in 2022, he was cheered on the left as the party’s top lawyer during President Donald Trump’s first impeachment.
A dog desperately needing a potty break led Elaine Traverse to find a statue that had been the talk of the town in Canada’s Harbour Grace for months.
Police lights flashed for hours as law enforcement officers surrounded a storage facility in Salem, New Hampshire Thursday night, finally closing in on a suspect who unleashed deadly attacks on two communities and had managed to evade them for six days.
The National Transportation Safety Board is investigating after seven people – including former NASCAR driver Greg Biffle – died when a small private jet crashed shortly after takeoff in Statesville, North Carolina, this week, investigators said Saturday.
Personnel from the United States boarded and seized a vessel off the coast of Venezuela, according to an official familiar with the matter, as the Trump administration ramps up pressure on Caracas.
The Justice Department released thousands of files related to sex offender and accused sex-trafficker Jeffrey Epstein after Congress passed a law forcing the Trump administration to do so.
A judge Friday voided the conviction of one of the two men found guilty of the 2002 killing of Run-DMC star Jam Master Jay, ruling that there wasn’t enough evidence that the man had a motive to kill the hip-hop luminary.
It was like any other business trip for Minnesota frequent flyer Pete Carleton: walk through TSA, fill up the water bottle past security and chat with colleagues at the gate.