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Intel shares surged Thursday after the struggling chipmaker named Lip-Bu Tan its new CEO, raising hopes for a turnaround.

The S&P 500 entered a correction on Thursday as stocks continued to sell off amid growth concerns.

Shares of casual salad chain Sweetgreen (NYSE:SG) fell 6.4% in the afternoon session after markets remained anxious about the negative impact of tariffs, with concerns intensifying following new updates from the Trump administration. Treasury Secretary Scott Bessent noted on CNBC, "We're focused on the real economy.... I'm not concerned about a little bit of volatility over three weeks." Adding to the concerns, President Trump announced on Truth Social that his administration was considering imp

Shares of cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) fell 3.3% in the afternoon session as markets remained anxious about the negative impact of tariffs, with concerns intensifying following new updates from the Trump administration. Treasury Secretary Scott Bessent noted on CNBC, "We're focused on the real economy.... I'm not concerned about a little bit of volatility over three weeks." Adding to the concerns, President Trump announced on Truth Social that his administratio

Shares of skincare company BeautyHealth (NASDAQ:SKIN) fell 11.7% in the afternoon session after the company reported underwhelming fourth-quarter results: its full-year revenue guidance missed significantly, disappointing investors. What stood out was BeautyHealth's sharp improvement in profitability, with adjusted EBITDA jumping nearly threefold year-over-year to $9 million. Despite this, sales declined 14% compared to the previous year, mainly due to a slowdown in delivery system sales, partic

The economic chaos unleashed by President Donald Trump has pushed the S&P 500 into a correction.

Some of the biggest bosses on Wall Street aren't hitting the panic button on President Trump's policies this week despite the recent gyration in markets, even as they acknowledge some new concerns from the business world.

Investors cheered Donald Trump’s election victory in November, but his tariffs have cooled that enthusiasm in recent weeks.

(Bloomberg) -- Former Treasury Secretary Steven Mnuchin discounted risks of a US recession, and played down the current selloff in equities, advising investors against overreacting to President Donald Trump’s aggressive trade tactics.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionNYC Congestion Pricing Toll Gains Support Among City ResidentsOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsProspe

Wall Street was expecting a banner year for capital markets activity in 2025 after U.S. President Donald Trump was elected in November, buoyed by hopes of less regulation and lower corporate taxes. But the optimism has so far failed to translate into activity as clients take a wait-and-see approach in response to trade policy uncertainties.