The stock market seems to bounce back slightly following the biggest one-day drop ever recorded for the Dow and S&P 500. But markets remain volatile, causing many to speculate about what's behind the big ups and downs. Tom Essaye, founder and editor of The Seven's Report, says the fundamentals of the U.S. economy are strong and people shouldn't panic just yet.
The Falcon Heavy is finally scheduled to launch today. SpaceX will launch the rocket from Kennedy Space Center and attempt to land all three boosters. The rocket is carrying CEO Elon Musk's original Tesla Roadster. Musk says the rocket is the most powerful one in operation.
Lululemon's CEO is resigning. The company says Laurent Potdevin violated company's standards, though it was not immediately clear what standards he failed to comply with. Potdevin has been CEO since 2014. The company is now conducting a search for a new leader.
Plus, it's our weekly trading show, The Long and the Short. We discuss what to expect when Snap, Tesla, and Disney report quarterly earnings this week. And we also talk about whether the upcoming Valentine's Day holiday can help turn things around for 1-800-Flowers.
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
Aileen Del Cid, head of marketing at Samsung TV Plus, sat down with Cheddar News reporter Michelle Castillo to discuss the platform's plans to stand out from the streaming competition with a new channel featuring Conan O'Brien.
Stocks rose in midday trading on Wall Street Friday, led by more gains in technology stocks as another chipmaker reported strong demand related to artificial intelligence.
All of Ford Motor Co.'s current and future electric vehicles will have access to about 12,000 Tesla Supercharger stations in the U.S. and Canada starting next spring.
Shares of Nvidia, already one of the world's most valuable companies, skyrocketed Thursday after the chipmaker forecast a huge jump in revenue, signaling how vastly the broadening use of artificial intelligence could reshape the tech sector.
