In response to a powerful winter storm, major Northeast cities, including New York City, have declared states of emergency and imposed travel bans, triggering widespread flight cancellations and delays across the region.NYC Mayor Zohran Mamdani declared a state of emergency and travel ban starting 9:00 p.m. on Sunday and ending at 12:00 p.m. on Monday in preparation for the storm. Similar actions have been taken in Rhode Island, Boston, Pennsylvania, Philadelphia, and Connecticut. The National Weather Servi ...

ARK Invest CEO Cathie Wood characterizes the market response to the Supreme Court's strike-down of federal tariffs as a “yawn,” predicting that the removal of these “tax increases” will act as a significant catalyst for U.S. economic growth.Market Resilience Amid Policy Shifts“I think the markets are treating this with a bit of a yawn.” She attributed the initial volatility on Friday to high-frequency algorithms rather than fundamental shifts, noting that while aggressive growth portfolios experienced a min ...

The CNN Money Fear and Greed index showed some easing in the overall fear level, while the index remained in the “Fear” zone on Friday.U.S. stocks settled higher on Friday, with the Dow Jones index gaining more than 200 points during the session after the Supreme Court struck down President Donald Trump’s tariffs.In a historic decision, the Court ruled that the International Emergency Economic Powers Act (IEEPA) does not authorize the president to impose tariffs, grounding its reasoning in separation-of-pow ...

Famed “Big Short” investor Michael Burry has issued a scathing warning to Silicon Valley, alleging that tech giants are employing aggressive accounting maneuvers to mask the true costs of the AI infrastructure race.The ‘Sinister’ Accounting Trick“Now you are engaging in accounting tricks to hide expense, to protect earnings,” Burry posted. “You will be tortuously adjusting your earnings in a new and sinister ways.”Inflated Profits And The 20% GapAccording to data shared by Burry, this accounting treatment c ...

On Friday, the Supreme Court threw out President Donald Trump's signature emergency-law tariffs, but it did not spell out how the federal government should return the $133 billion already collected from importers. On Saturday, Trump signaled he would try to keep pressure on global trade with a new 15% worldwide rate, a move he framed as new 15% tariff after attacking the ruling.Associated Press reports the justices invalidated Trump's use of the 1977 International Emergency Economic Powers Act, saying the s ...

Group 1 - Genuine Parts Company (NYSE:GPC) fell 19.51% after reporting worse-than-expected fourth-quarter financial results and issuing FY26 EPS guidance below estimates, leading to multiple analysts lowering their price forecasts [1] - Flutter Entertainment plc (NYSE:FLUT) decreased 11.86% ahead of its fourth quarter and full year 2025 financial results scheduled for release on February 26 [2] - Okta, Inc. (NASDAQ:OKTA) fell 12.86% as multiple firms lowered their respective price targets on the stock [2] Group 2 - BorgWarner Inc. (NYSE:BWA) slumped 10.59% following a downgrade from UBS analyst Joseph Spak from Neutral to Sell, with the price target raised from $49 to $55 [3] - Expedia Group, Inc. (NASDAQ:EXPE) fell 4.32%, with Wedbush analyst Scott Devitt reiterating a Neutral rating and maintaining a $260 price forecast [3] - BridgeBio Pharma, Inc. (NASDAQ:BBIO) slumped 11.43% this week [3]

Group 1: Apple's AI Potential - Apple's AI layer could be valued at approximately $1.5 trillion, which is nearly 50% of the company's current market valuation [2] - The current weakness in AAPL's stock may be attributed more to timing rather than fundamental issues [2] Group 2: Social Media Consultation - Mark Zuckerberg has consulted Tim Cook regarding social media safety, indicating a collaboration or exchange of ideas between the two tech leaders [3] Group 3: Upcoming Event - Apple is hosting a "special Apple Experience" event on March 4 in New York, London, and Shanghai, featuring a unique 3D Apple logo invite [4] Group 4: Streaming Strategy - Apple plans to launch a new integrated video podcast experience on its Apple Podcasts app this spring, enhancing its streaming segment and content offerings [5] Group 5: Capital Expenditure Strategy - Apple has reduced its capital expenditure by 19% year-over-year to $2.37 billion, contrasting with other tech giants that are investing around $700 billion in AI spending [6]

Economic Developments - The U.S. gross domestic product (GDP) grew at an annualized rate of 1.4% in the fourth quarter of 2025, indicating a sharp slowdown in the economy [4] - The Federal Reserve's preferred inflation rate unexpectedly rose, adding to economic concerns [4] Trade and Tariffs - Republican lawmakers oppose President Trump's new 10% global tariff, following a Supreme Court ruling that trade authority rests with lawmakers [2] - The new tariff was imposed after the Supreme Court blocked Trump's previous attempt to justify broad import taxes using emergency powers [2] Market Indicators - U.S. heavy vehicle sales are signaling caution, indicating a potential economic slowdown as fleets halt capital expenditures when nervous about freight demand [3] Housing Market - The White House is intensifying efforts to implement Trump's proposed ban on large-scale home investors, targeting those owning more than 100 single-family homes [5]

The past week was a whirlwind of political news, with President Donald Trump making headlines on various fronts. From demanding the removal of a Netflix board member to announcing a tariff hike, the President’s actions have stirred conversations across the globe.Here’s a quick rundown of the major political stories that unfolded.Trump’s Call for Netflix To Fire Susan RiceTrump took to Truth Social on Saturday, calling for Netflix Inc. (NASDAQ:NFLX) to fire board member Susan Rice. He described Rice as polit ...

Sen. Bernie Sanders (I-Vt.) accused major tech billionaires of prioritizing profit over workers as artificial intelligence investment accelerates across the industry.Tech Giants Face Criticism Over AI PowerOn Saturday, in a post on X sharing a clip of his interview, Sanders wrote: "Do you think Elon Musk, Mark Zuckerberg and Jeff Bezos are investing in AI to help the working class of this country?" He added, "No, they're in it to accumulate even more wealth and power for themselves. We've got to make AI wor ...