Fintech stocks plummet as Wall Street worries about consumer spending, credit

• Toast, Shift4 lead drop in fintechs as investors exit stocks tied to consumer spending

  Fintech stocks are under pressure as investors worry about companies heavily reliant on consumer spending.
  
  CNBC - 5d

• Tesla shares plunge 15%, suffering steepest drop in five years

  Tesla continued its downward slide on Monday, with the stock suffering its most dramatic sell-off since September 2020.
  
  CNBC - Mar. 10

• Wall Street begins to cut S&P 500 targets as tariff worries rock the stock market. Should investors be concerned?

  Only a few months into 2025, the sharp decline of the U.S. stock market has prompted some of Wall Street’s top forecasters to scale back their bullish predictions for the S&P 500.
  
  MarketWatch - 3d
• 

  The Stock Market Is Waking Up to Its Overconfidence in AI and Trump

  The Nasdaq just suffered its worst day since 2022.
  
  Inc. - Mar. 11

• Stock futures fall as Bessent dismisses market worries: ‘Corrections are healthy’

  U.S. stock futures declined Sunday after Treasury Secretary Scott Bessent said he’s not worried about a market downturn, despite a miserable stretch for Wall Street.
  
  MarketWatch - 2d

• Oracle won some big cloud contracts. Here’s why its stock is falling.

  Oracle Corp. regaled Wall Street on Monday with talk about the future, enormous demand and some very large cloud-services contracts, but its stock continued a downward trend over concerns about ...
  
  MarketWatch - Mar. 11

• Stocks look to rebound after rocky week on Wall Street

  Wall Street is looking to bounce back this week after the Dow posted its biggest one-week loss since 2023. CBS News MoneyWatch correspondent Kelly O'Grady reports.
  
  CBS News - 1d

• Nvidia’s stock is rebounding, but the key to a real recovery may surprise investors

  While Wall Street may be worried about the sustainability of AI spending, a BofA analyst thinks gross margins are more crucial to the stock trajectory.
  
  MarketWatch - 6d
• 

  A 10% drop for stocks is scary, but isn't that rare

  The U.S. stock market has just dropped 10% from its high set last month, hurt by worries about the economy and a global trade war
  
  ABC News - 5d

More from CNBC

• Meta's potential exit from Delaware had governor worried enough to call special weekend meetings

  As Delaware lawmakers debate a bill that could dramatically alter the state's corporate law, Meta and CEO Mark Zuckerberg have a lot at stake in the outcome.
  
  CNBC - 32m

• Tencent profit surges 90% as it touts AI revenue boost and ramps up spending

  Tencent on Wednesday posted a fourth-quarter beat on top and bottom line driven by a surge in gaming and advertising revenue.
  
  CNBC - 31m

• Trump policies 'promise' an economic downturn, says prominent forecaster in first-ever 'recession watch'

  The UCLA Anderson Forecast, citing substantial changes to the economy from policies of the Trump administration, issued its first-ever "recession watch" on Tuesday.
  
  CNBC - 10h

• Dell CEO explains why he thinks the PC refresh cycle is starting

  Dell Technologies CEO Michael Dell told CNBC's Jim Cramer on Tuesday why he thinks the PC refresh cycle is beginning.
  
  CNBC - 11h

• China markets are set to outperform Wall Street as U.S. exceptionalism comes to a pause

  Chinese markets' rally has been gaining steam, and market watchers are expecting it to outperform its American counterparts as U.S. exceptionalism sputters.
  
  CNBC - 2h

More in Business

• 

  At Forever 21, the Adrenaline Rush Was the Point

  Anything the fast-fashion retailer lacked in cool or quality it made up for with the thrill of the hunt for the right thing — or something close enough.
  
  The New York Times - 15m

• Nvidia's new chips and software show how fast the AI king is moving to defend its crown

  Nvidia shares fell Tuesday despite a slew of encouraging product updates from CEO Jensen Huang.
  
  CNBC - 15m

• Nvidia's new chips and software show how fast the AI king is moving to defend its crown

  Nvidia shares fell Tuesday despite a slew of encouraging product updates from CEO Jensen Huang.
  
  CNBC - 15m

• Boeing Starliner astronauts complete return to Earth in SpaceX capsule after extended stay on ISS

  Two NASA astronauts are heading home on a SpaceX ship after about nine months at the International Space Station.
  
  CNBC - 16m

• Turkish lira, stock market drop after Istanbul mayor and Erdogan rival arrested

  Imamoglu, the popular 53-year-old mayor was seen as the next opposition party candidate for the Turkish presidency.
  
  CNBC - 26m