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Word on Wall Street panel discusses market selloff, tech stock rotation and Nvidia’s post-earnings drop on Mornings with Maria. Block on Thursday announced that it will cut nearly half of its workforce as the payments firm works to embed artificial intelligence (AI) throughout its operations. The layoffs will affect over 4,000 jobs at the company and CEO Jack Dorsey indicated he moved forward with a single round of large cuts rather than a series of smaller workforce reductions to give the company more room for growth as it adapts to the AI era.Dorsey explained the decision in a series of posts on…

Erste Asset Management GmbH reduced its position in Procter & Gamble Company (The) (NYSE:PG – Free Report) by 12.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 314,624 shares of the company’s stock after selling 46,182 shares during the quarter. Erste Asset Management GmbH’s holdings in Procter & Gamble were worth $48,305,000 at the end of the most recent quarter. A number of other large investors also recently bought and sold shares of PG. Halbert Hargrove Global Advisors LLC acquired a new stake in…

Key takeaways:Analysts downgraded US stocks due to high valuations, a weak dollar, and policy risks despite AI-driven earnings growth.Limited S&P 500 upside may shift capital toward Bitcoin, especially if major sovereign funds announce BTC reserves.Bitcoin (BTC) price plunged below $65,500 on Friday, effectively erasing gains established on Wednesday. This correction closely tracked intraday S&P 500 movements after wholesale inflation data in the US triggered increased risk aversion. A report from the UBS investment bank downgrading US stocks to neutral likely accelerated the surge in demand for the safety of fixed-income assets. S&P 500 futures (left) vs. Bitcoin/USD (right). Source: TradingViewInvestors…

Palantir Technologies’ stock has been a fan favorite among retail investors. Now, Wall Street analysts are warming to the software company’s story.

U.S. President Donald Trump stops to speak to the media as he departs on Marine One on the South Lawn of the White House on Feb. 27, 2026 in Washington, DC. Andrew Harnik | Getty ImagesPresident Donald Trump on Friday said that “I’d love not to use” the U.S. military to attack Iran, “but sometimes you have to.”But Trump also said, “We haven’t made a final decision” on whether to attack Iran.”We’ll see what happens,” he said. “We’re talking later today. We’ll have some additional talks today.”Trump’s comment to reporters outside the White House came after he expressed frustration at…

Choppy crypto markets punished trend-following funds in 2025, with violent swings erasing months of positioning. This year’s decisive selloff has offered a reprieve.

In trading on Thursday, shares of MetLife Inc’s 4.75% Depositary Shares Non-Cumulative Preferred Stock, Series F (Symbol: MET.PRF) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.1875), with shares changing hands as low as $19.77 on the day. This compares to an average yield of 6.99% in the “Financial” preferred stock category, according to Preferred Stock Channel. As of last close, MET.PRF was trading at a 20.40% discount to its liquidation preference amount, versus the average discount of 14.08% in the “Financial” category. Investors should keep in mind that the shares are not cumulative, meaning…

She didn’t intend to evade taxes when she hired the accountant in 1993, but she’s still on the hook for his actions.

Wall St on course for monthly declines on AI worries, renewed tariff angst, geopolitical strife

WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) evaluations to be conducted in the second and third quarters of 2026. The OCC encourages public comment on the CRA-related activities of the national banks and federal savings associations (collectively, banks) scheduled to be evaluated under the CRA. Public comments should be submitted to the banks themselves at the mailing addresses listed on the schedule or to the appropriate OCC supervisory office before the month in which the evaluation is scheduled. The OCC will consider all public comments received before the close…