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US Stock Market News: Bank of America Falls 21% After Earnings Miss

Bank of America shares were trading flat in pre-market trading on Thursday after a 5% earnings-led crash in the previous session, with the US Stock Market News highlighting a 21% slide from the company's recent peak. The second-largest US bank reported net income of $6.9 billion in the third
BAC-4.70%
MS-2.71%
GS-1.51%
C-1.81%
WFC0.21%
GateUsMarkets·28m ago
US Stock Market News: Bank of America Falls 21% After Earnings Miss

China A-Share Stocks Fall as Shanghai Composite Drops 1.59% on October 15

China's three major A-share indices closed lower on October 15 after narrow afternoon fluctuations, with big banks attempting to support the market. The Shanghai Composite Index fell 1.59% to 3,707.48 points, the Shenzhen Component Index dropped 2.43% to 11,816.79 points, and the ChiNext Index
GateMacroTradfiHub·36m ago
China A-Share Stocks Fall as Shanghai Composite Drops 1.59% on October 15

US September PPI Rises 1.3%, Exceeds Forecast by 0.7 Percentage Point

The US Labor Department reported on October 15 that the producer price index rose 1.3% from a month earlier in September, exceeding economists' forecast of 0.6% by 0.7 percentage point. The increase was driven by rising company input costs including raw materials, labor, and energy. PPI measures
Bloomingbit·40m ago
US September PPI Rises 1.3%, Exceeds Forecast by 0.7 Percentage Point

OpenAI Accuses Former Employee of Taking 100+ Files to Apple

OpenAI accused a former employee who returned to Apple of transferring over 100 confidential device files on October 14, 2026. The allegations were detailed in a supplement to a joint case management statement filed in the U.S. District Court for the Northern District of California, where Apple
AAPL0.46%
GateAiHorizon·53m ago
OpenAI Accuses Former Employee of Taking 100+ Files to Apple