Market news

Latest stock market news

The stories moving US stocks, companies and the economy, written up from the day's reporting, with every source linked.

Nov 9, 8:01 PM ET

Exxon Signs Non-Binding Venezuela Pact With PDVSA to Evaluate Oil Opportunities

ExxonMobil said on November 9, 2026 that it signed a non-binding memorandum of understanding with Venezuela's state-owned oil firm PDVSA to explore upstream opportunities there. The company did not say which projects it is evaluating, so the deal's near-term effect on Exxon's production and earnings is unclear, though a return would be significant for the largest US oil producer.

XOMExxonMobilPDVSAVenezuelaCrude oil
Nov 9, 7:02 PM ET

Nvidia Shares Slide as Board Probes CEO Jensen Huang's Ties to Alleged Chinese Spy

President Donald Trump said Nvidia CEO Jensen Huang told him he had no idea Alice Huang was a spy, while the company's board opened an independent investigation into the relationship. The probe puts a spotlight on the company that leads the AI chip market, and on its China sales and its relations with Washington, which matter to US investors in Nvidia and in the broader semiconductor sector.

NVDANvidiaJensen HuangAlice HuangMegaspeed
Nov 9, 6:02 PM ET

EU draft would allow fines of up to 6% of global turnover for unfair digital practices

A European Commission draft seen by Reuters would let regulators fine companies up to 6% of annual global turnover for manipulative digital sales tactics and ads aimed at children. The measure would apply to Big Tech, e-commerce and social media firms, so US companies with EU operations could be affected, though the draft still needs approval from EU governments and the European Parliament.

European CommissionDigital Fairness ActMichael McGrathBig Tech
Nov 9, 5:03 PM ET

The Trade Desk shares jump 21% as third-quarter results beat estimates, though revenue slipped

The Trade Desk (NASDAQ: TTD) shares rose 21% after the advertising technology company reported third-quarter results above Wall Street expectations, even though revenue fell slightly from a year earlier. The company also raised its buyback authorization to $1 billion and forecast fourth-quarter revenue above analyst estimates, news that matters to US investors watching digital ad spending and ad-tech stocks.

The Trade DeskNasdaqDigital advertisingAd technology
Nov 9, 5:02 PM ET

Hims & Hers cuts 2026 profit outlook as gross margin falls to 57%

Hims & Hers Health lowered its full-year 2026 profit forecast on November 9 as costs tied to branded weight-loss drugs and international expansion squeezed margins, even though quarterly revenue rose 49%. For US investors, the cut matters for the telehealth stock HIMS and for the wider market for digital health and weight-loss treatments, where margin pressure is now visible alongside fast growth.

HIMSHims & Hers Healthtelehealthweight-loss drugsdigital health
Nov 9, 4:01 PM ET

Tuesday's October CPI arrives without an annual inflation rate as December Fed hike odds top 65%

The Bureau of Labor Statistics releases October consumer prices on Tuesday, November 10, but the annual figures will be missing because of the 2025 government shutdown. Markets have pushed the odds of a December Fed rate hike above 65%, so the report matters for US stocks that rely on rate expectations, and it is the test for the rally's wider reach beyond Big Tech.

CPIFederal ReserveBureau of Labor StatisticsS&P 500
Nov 9, 11:22 AM ET

Nasdaq climbs about 2.5% to 3% as chipmakers rebound, but Nvidia slides 5.6% on CEO probe

US tech stocks rebounded on Monday, November 9, after last week's AI-led selloff, with the Nasdaq up roughly 2.5% to 3% in morning trading. Nvidia, the largest AI chip company, fell about 5.6% after an internal inquiry into CEO Jensen Huang raised questions about his future, which matters for investors with exposure to AI and semiconductor names.

NVDAAVGOMRVLNasdaqNvidiaJensen HuangAI chip stocks
Nov 9, 11:21 AM ET

Honda to build $3 billion Ohio auto plant for 240,000 vehicles a year, starting in 2029

Honda plans a new $3 billion auto plant in Central Ohio with planned annual capacity of 240,000 vehicles and production expected to begin in 2029, pending final government approvals. For US investors, the project adds to Honda's North American footprint, ties into the company's hybrid push, and carries trade-policy risk that Honda's own executives have flagged.

Honda MotorJobsOhioOhioauto manufacturing
Nov 9, 11:04 AM ET

SiriusXM Names Board Member Anjali Sud CEO Effective January 1, Replacing Jennifer Witz

SiriusXM said on November 9, 2026 that director Anjali Sud, currently CEO of Fox's Tubi streaming service, will become chief executive on January 1, 2027, succeeding Jennifer Witz, who is stepping down. Because Sud keeps her board seat and Witz remains in an advisory role, the change is a planned handover at the top of a Nasdaq-listed audio company that US investors follow closely.

SIRISirius XM HoldingsSiriusXMAnjali SudJennifer Witz
Nov 9, 11:03 AM ET

Nvidia shares fall more than 4% as CEO Jensen Huang faces probe over alleged Chinese spy ties

Nvidia CEO Jensen Huang has admitted an affair with a businesswoman that U.S. intelligence reportedly considers a Chinese spy, and the company's board has opened an independent investigation. Al Jazeera reported that the stock fell more than 4% in overnight trading into Monday, and lawmakers from both parties want answers, which matters to U.S. investors because Nvidia is the largest AI chip stock and export-control policy could tighten.

NVDANvidiaJensen HuangMegaspeedCongress
Nov 9, 11:02 AM ET

Children's Place Enters Chapter 11 With $881.3 Million in Debt and Opens Asset Sale

Kids' apparel retailer The Children's Place filed for Chapter 11 bankruptcy protection in New Jersey and is seeking buyers for substantially all of its assets, with bids due December 9. For US investors, the case affects Nasdaq-listed PLCE, its Gymboree brand, and the broader retail sector, where chains with weak sales and heavy debt face similar pressure.

The Children's PlaceGymboreeChapter 11 bankruptcyspecialty retail

Written with AI assistance from the reports linked in each article and reviewed by our editor. Not investment advice.

Frequently asked questions

How are these stories chosen?

Through the day, the newest US business headlines are screened for specific, checkable developments that matter to investors: results and guidance, deals, IPOs, Fed decisions, economic data, regulatory actions and big market moves. Opinion pieces, stock tips and stories already covered are skipped.

How is each article written?

With AI assistance, from the reporting on the story: the original reports are read, our own article is written from them, and they are listed under Sources. Every figure in the text is checked against those reports before publishing, and a passage with a figure that cannot be found there is left out. Our editor reviews the articles after they are published and corrects any errors.

Is this investment advice?

No. The articles report what happened and why it may matter for US investors. They make no recommendations; read the linked sources and do your own research before acting.