Global stock markets face steep declines amid mounting artificial intelligence worries, geopolitical tensions, and shifting monetary policies.

U.S. stocks saw their steepest declines in months, with the S&P 500 falling over 1.4 percent and the Nasdaq plunging nearly 2.5 percent due to growing investor anxiety over artificial intelligence spending and valuations.

Barclays announced plans to cut 5,000 jobs in a cost-cutting push driven by artificial intelligence, highlighting a broader corporate trend toward automation-led efficiency.

A critical security flaw in the PHP programming language triggered a global scramble for governments and businesses to patch vulnerable systems, leaving numerous websites temporarily offline.

Meta Platforms was ordered to pay a historic $25 billion civil penalty to New Mexico following a consumer deception case stemming from the Cambridge Analytica data scandal.

OpenAI is reportedly working on a new $30 billion fundraising round at a $1.25 trillion valuation as it prepares for an initial public offering.

Treasury yields logged their largest single-day drop since the 2023 banking crisis, reflecting a sudden shift in market sentiment and economic expectations.

Mortgage rates remained above 7 percent, exacerbating housing affordability struggles for prospective buyers even as home prices began to dip in select regional markets.

The United Arab Emirates announced an additional 15 billion euro investment in Greece, expanding upon existing economic partnerships between the two nations.