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Niamh Rowe

Niamh Rowe

The Daily Beast

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Krispy Kreme and GoPro trading explodes as meme stock craze continues

Shares in GoPro, Krispy Kreme and Beyond Meat surged in early hours trading Wednesday after experiencing massive trade volume the day before

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Niamh Rowe

Leaner, faster and powered by AI: A new breed of unicorn has arrived

Startups are ditching workers for AI, raising the possibility of the world's first one-person unicorn

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Niamh Rowe

A dozen Google DeepMind workers have reportedly jumped ship to Microsoft AI

Microsoft has been poaching some of Google's top talent to build its AI assistant, Copilot

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Niamh Rowe

Opendoor is the hot new meme stock. Here's what to know.

Reddit's army of retail traders have taken a recent interest in Opendoor, an online real estate startup

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AstraZeneca will invest $50 billion in the U.S. as it seeks to avoid Trump's tariffs

The investment is expected to create tens of thousands of new, highly-skilled direct and indirect jobs across the country

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Niamh Rowe

TSMC joins the $1 trillion market cap club

Shares in the world's largest chip manufacturer hit an all-time high, despite tariff uncertainty and currency fluctuations

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Pharma tariffs would hit uninsured Americans the hardest, experts warn

The U.S. is heavily dosed up on cheap generic drugs made overseas — more so than any other country

15.07.2025 10

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Niamh Rowe

Emerging markets are beating U.S. stocks and bonds

A key emerging markets index is outperforming the S&P 500, one of only a few times in recent years that has happened

14.07.2025 10

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Emerging markets are even more exposed to AI than Wall Street is

The AI chipmaker TSMC accounts for about 40% of the returns so far this year for the benchmark MSCI Emerging Markets index

12.07.2025 10

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Niamh Rowe

Intel is spinning off its AI robotics unit with a $50 million funding round

Intel spinoff RealSense aims to "meet increased demand" for humanoid robots, as tech deepens its bet on automation

11.07.2025 5

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Niamh Rowe

Intel's big cost-cutting plan is hitting 500 jobs in Oregon

The Oregon layoffs are part of the troubled chipmaker's wider restructuring plans under new leadership

08.07.2025 2

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The housing market may be on the cusp of a revival

House prices are at a record high. Mortgages rates won't budge. But indications of a recovery are emerging

08.07.2025 9

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Niamh Rowe

The U.S. drops some export restrictions on China in a sign of easing trade tensions

Washington has rolled back some export restrictions on key technologies and raw materials to China, signaling a possible softening of trade tensions

03.07.2025 2

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OpenAI wants nothing to do with Robinhood tokens

The startup behind ChatGPT isn’t happy about Robinhood’s attempt to bring private equity onto the blockchain

03.07.2025 2

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The VC funding gender gap is getting worse

Women have made inroads into Corporate America. But venture capital is struggling to keep up with the times

02.07.2025 10

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Student loan and credit card delinquencies are surging. Here's why — and what it means

Relative to income, loan balances are actually lower than they've been for decades. But there are signs of trouble already here

01.07.2025 30

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One company isn't being coy: It's raising prices 'as a direct result of tariffs'

Mood lighting? In this economy?

25.06.2025 10

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Almost 2 million student loan borrowers could have wages docked this summer

The Department of Education restarted debt collection activities in May, marking the first time since before COVID that it has taken such measures

24.06.2025 6

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McDonald's and Krispy Kreme are ending a relationship that never really started

Krispy Kreme is pulling its doughnuts from McDonald’s restaurants as the collaboration takes a financial toll

24.06.2025 3

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Uber and Waymo bring robotaxis to another U.S. city

Uber currently handles 1.5 million autonomous rides annually — a number that should rise quickly

24.06.2025 10

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U.S. home prices are lagging. Blame this 1 key factor

New housing data reveals a nationwide slowdown, while pandemic-era regional trends reverse

24.06.2025 10

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Sam Altman says Meta is dangling $100 million signing bonuses to poach OpenAI employees

Meta has been trying to lure the AI company's talent with big pay packages, according to OpenAI's CEO

19.06.2025 10

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Tesla and Waymo robotaxi competitor Zoox takes a big step forward

The plant will make 10,000 cars annually, taking the self-driving race up a gear.

19.06.2025 10

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Small business sentiment improved in May for the first time in months

Small businesses are feeling slightly more confident, according to a Tuesday report. The NFIB Small Business Optimism Index increased by 3 points in...

10.06.2025 3

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Disney finally has full control of Hulu

Disney (DIS) now owns all of Hulu. The media and entertainment conglomerate has agreed to pay an extra $439 million to Comcast (CMCSA), according to...

10.06.2025 3

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There are nearly 500,000 more home sellers than buyers right now

The U.S. housing market has undergone an unprecedented shift: Sellers now outnumber buyers by approximately 490,000.Read more...

30.05.2025 3

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JD Vance wants the Bitcoin community to get involved in politics

Vice President JD Vance has a message for cryptocurrency holders: “Don’t ignore politics.”Read more...

29.05.2025 2

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Powell goes to the White House — and tells Trump the Fed will do its own thing on interest rates

Federal Reserve Chair Jerome Powell met with U.S. President Donald Trump today at the White House to discuss the state of the economy.Read more...

29.05.2025 2

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Chevron will lay off 800 workers in Texas

Chevron (CVX) plans to let go of nearly 800 employees in Texas, according to a notice sent Wednesday to the Texas Workforce Commission.Read more...

29.05.2025 2

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AI could wipe out some white-collar jobs and drive unemployment to 20%, Anthropic CEO says

Anthropic’s CEO Dario Amodei has issued a stark warning: Artificial intelligence could eliminate up to half of all entry-level white-collar jobs,...

29.05.2025 1

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Here's what's behind China's IPO crackdown

Shein appears to be abandoning its hopes for a flotation in London.Read more...

28.05.2025 2

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GameStop just bought $500 million worth of Bitcoin

GameStop (GME) has become the latest publicly-traded U.S. company to put cryptocurrency on its balance sheet.Read more...

28.05.2025 2

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Abercrombie & Fitch stock soars 25% as sales beat estimates

Abercrombie & Fitch (ANF) stocktraded 25% higher on Wednesday morning after the clothing retailer posted better-than-expected results for the first...

28.05.2025 2

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U.S. homeowners and buyers are the most uncertain about the market since 2023: survey

Uncertainty among homeowners and buyers is at a three-year high, according to Bank of America’s (BAC) Homebuyer Insights Report published...

28.05.2025 2

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Trump Media is the latest firm to buy billions worth of Bitcoin

Trump Media & Technology Group has tapped investors for $2.5 billion to fund a cryptocurrency reserve.Read more...

28.05.2025 4

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How China EVs are winning over Europe while Tesla loses ground

Tesla’s (TSLA) European sales halved in April as consumer sentiment toward the U.S. battery-electric vehicle (BEV) maker continues to sour and...

27.05.2025 2

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Trump's relationship with Apple is souring

The president floated a 25% tariff on iPhones imported into the U.S. on Friday, adding that Apple (AAPL) would foot the bill. Read more...

27.05.2025 2

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JPMorgan Chase is getting into the business of geopolitics

JPMorgan Chase & Co (JPM) will now offer its clients advice on geopolitical risk.Read more...

21.05.2025 9

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Elon Musk fires back at Bill Gates over claim that DOGE cuts are 'killing' poor children

Elon Musk has hit back at Bill Gates’s claim that his cuts to the U.S. foreign aid budget will kill millions of children.Read more...

21.05.2025 3

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8 countries where Trump has been making new business deals, from Pakistan to Vietnam

Businesses spearheaded by President Donald Trump have struck numerous deals since Trump returned to the White Housein January.Read more...

21.05.2025 10

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Elon Musk says he'll still lead Tesla in 5 years: 'Unless I die'

On the question of Tesla’s (TSLA) leadership, Elon Musk has one thing to say: until death do us part. Speaking at the Qatar Economic Forum Tuesday,...

20.05.2025 4

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The auto industry is scaling back

The auto industry slowdown continues.Read more...

20.05.2025 2

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It looks like Meta just hit a big AI roadblock

Meta (META) reportedly has delayed the release of its latest artificial intelligence model, known internally as “Behemoth,” raising concerns among...

16.05.2025 10

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Coinbase's claim of 100 million users under SEC scrutiny

The Securities and Exchange Commission is investigating if Coinbase (COIN), the largest U.S. cryptocurrency exchange, misstated its user numbers.Read...

16.05.2025 3

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Nvidia-backed CoreWeave's big AI spending spooks investors — and the stock tanks 13%

CoreWeave stock tumbled Wednesday following its first earnings report since going public, as the data center company’s growing capital expenditure...

15.05.2025 2

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Tesla required leased cars be returned for robotaxi program — but resold them instead

Tesla (TSLA) has been caught misleading its customers and investors, Reuters (TRI) reported on Thursday.Read more...

15.05.2025 2

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Jerome Powell warns of more frequent 'supply shocks' — and interest rates that stay higher for longer

Federal Reserve Chair Jerome Powell is warning that near-zero interest rates are likely to be a thing of the past.Read more...

15.05.2025 20

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Bill Gates says Elon Musk's DOGE is 'killing' poor children

Bill Gates is holding Elon Musk responsible for the preventable deaths of the world’s poorest children, as a result of his cuts to the U.S. foreign...

09.05.2025 4

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Krispy Kreme stock plunges 25% because the plan to sell donuts at McDonald's is on hold

Krispy Kreme (DNUT) stock fell a whopping 25% on Thursday, after the company announced a pause to its partnership with McDonald’s (MCD).Read more...

09.05.2025 10

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Nvidia and other chipmakers are getting a big win as Trump kills the 'AI diffusion rule'

The U.S. government plans to withdraw a rule introduced under the Biden administration that had aimed to restrict exports of advanced AI chips — a...

08.05.2025 8

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