Appeals court rejects Trump administration bid to reinstate funding freeze

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U.S. President Donald Trump speaks in the Oval Office of the White House in Washington, D.C., U.S., Feb. 11, 2025.  Kevin Lamarque | Reuters A federal appeals court on Tuesday rejected the Trump administration’s bid to pause a lower court’s order that temporarily halted a massive freeze in federal funding. A judge in Rhode Island on Monday … Read more

‘Keep your hands off our Social Security,’ lawmakers warn amid DOGE budget cuts

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Richard Stephen | Istock | Getty Images The advisory group known as the Department of Government Efficiency, led by billionaire Elon Musk, has moved quickly to curb government spending at federal agencies including the U.S. Agency for International Development and the Consumer Financial Protection Bureau. At a rally Monday outside the Social Security Administration’s Maryland … Read more

This small AI play is headed for an earnings-driven breakout, according to the charts

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Innodata (INOD) is a small $1.2 billion market cap company that in a recent investor presentation says is … positioned as a “picks and shovels” beneficiary of the AI and Gen AI race. In simple terms, the company transforms large amounts of raw data into formats that help artificial intelligence models recognize patterns and organize … Read more

Stock market today: Live updates

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Traders work on the floor of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Stock futures were near the flatline Tuesday evening as investors awaited January’s consumer inflation report. Futures tied to the Dow Jones Industrial Average ticked down 24 points, or 0.05%. S&P 500 futures pulled back 0.06%, while Nasdaq … Read more

Super Micro ‘confident’ it will meet SEC deadline

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Super Micro Computer CEO Charles Liang at the Computex conference in Taipei, Taiwan, on June 5, 2024. Annabelle Chih | Bloomberg | Getty Images Super Micro Computer gave optimistic commentary for its fiscal 2026 and delayed annual report that overshadowed its slashed fiscal 2025 revenue guidance in Tuesday’s preliminary second-quarter results. CEO Charles Liang said … Read more

Stocks making the biggest moves after hours: DASH, LYFT, UPST, SMCI

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Check out the companies making headlines in extended trading: DoorDash — The food delivery stock traded nearly 6% higher after better-than-expected revenue for the fourth quarter. DoorDash reported revenue of $2.87 billion in its most recent quarter, while analysts surveyed by LSEG forecast $2.84 billion. Gilead Sciences — The biopharmaceutical stock advanced 4% after fourth-quarter … Read more

Major airlines urge Trump administration to abandon passenger compensation review

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A Delta Airlines plane lands at Reagan National Airport in Arlington, Virginia, U.S., on Friday, Dec. 24, 2021. Eric Lee | Bloomberg | Getty Images Major U.S. airlines on Tuesday asked the U.S. Transportation Department to abandon a review launched by the Biden administration over whether carriers should be required to pay passengers compensation over … Read more