Major League Baseball faces uncertainty as owners pushes for a salary cap, threatening a lockout starting…
Day: October 22, 2026
SpaceX: A Futuristic Berkshire Hathaway, or Just a Mess?
Elon Musk’s mishmash of businesses will be a maze for investors to evaluate.
Blackstone’s Core Businesses Hit by Rising Rates
Proceeds from asset sales in the firm’s private-equity unit fell 49%.
Optimum Communications Prepares for Bankruptcy to Implement Deal
Optimum Communications is preparing to file for chapter 11 to hand control to creditors and weather…
Tech Stocks Fall on AI Concerns
Plus, Meta shares fall after it discloses further spending commitments and Treasury yields drop below 5%.
Meta’s Hunt for AI Capital Strikes a Raw Nerve on Wall Street
The tech-heavy Nasdaq fell 2.6%, while Treasury yields posted their biggest drop since 2023.
Politicians Are Turning Against AI, but Your Pension Is Riding on It
AI-linked stocks drove $138 billion in gains across 13 public-pension funds since 2022, helping them dig…
Stock Market News, Oct. 22, 2026: Tech Selloff Deepens as Flight Into Treasurys Drives Yields Lower
10-year yield falls below 5%; Nasdaq leads stock losses
London Stock Exchange Group Agrees to Buy Octus From Permira For $3.5 Billion
The stock-exchange and financial-information company said last week that it was in talks over the deal…
Nippon’s U.S. Steel to Invest Nearly $3 Billion in Hot Strip Mill Near Pittsburgh
U.S. Steel said the investment will replace aging equipment with modern steelmaking technology, increasing annual production…