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SPAI News24 articles
Is Cash Still a Safe Bet? How Inflation Erodes Savings Yields
Inflation is outpacing most savings accounts, making cash a costly choice. High-yield options like online banks and I bonds offer better returns.
Roblox Stock Tumbles 19% on Safety-Driven Growth Slowdown
Roblox shares plunged 19% after cutting its 2026 bookings forecast due to safety measures, despite Q1 revenue rising 39% to $1.44 billion.
Exelon's PECO Faces Union Safety Probe Amid Leadership Shakeup
IBEW Local 614 filed a petition with Pennsylvania regulators seeking an investigation into PECO's maintenance practices, citing damaged poles and equipment, as new interim CEO Mike Innocenzo takes the helm.
Stock Market Investing for Beginners: A Safe Start Without Major Losses
New investors should avoid using essential funds, pay off high-interest debt, and start with low-cost index funds or ETFs, as advised by regulators and Warren Buffett.
Gold Holds Near $4,830 as Hormuz Tensions Reignite Safe-Haven Demand
Spot gold traded at $4,829.40 an ounce ahead of the weekend, with prices pressured after Iran reversed course on reopening the Strait of Hormuz, reigniting safe-haven demand and inflation concerns.
FAA Proposes $255K Fine Against American Airlines Over Safety Testing Lapses
The Federal Aviation Administration has proposed a $255,000 civil penalty against American Airlines, alleging the carrier returned 12 flight attendants to safety-sensitive duties before completing mandatory follow-up drug and alcohol tests. The alleged violations occurred between May 2019 and December 2023.
Atmos Energy Secures $3 Billion Credit Extension Amid Safety Probe
Atmos Energy has extended $3 billion in credit facilities to 2029 and 2031, reinforcing liquidity while navigating a safety investigation and upholding its $4.2 billion fiscal 2026 capital expenditure target.
Vertex Shares Slide on Updated Safety Warnings for CF Drugs
Vertex Pharmaceuticals shares declined 4.6% to $433.07 following updated U.S. safety labels for its cystic fibrosis drugs citing serious neuropsychiatric events. The company maintains its 2026 revenue outlook remains heavily dependent on CF treatments.
Dollar Gains as Middle East Tensions Fuel Safe-Haven Demand
The U.S. dollar strengthened as Middle East hostilities boosted its safe-haven appeal, while oil prices jumped 5%, stoking inflation concerns. Major industrial stocks entered a technical correction.
Tech Giants Face Legal Reckoning as Child Safety Verdicts Hit Shares
Meta Platforms and Alphabet shares declined following U.S. jury verdicts holding the companies negligent in child safety cases. The rulings have sparked renewed regulatory pressure and investor concerns about platform design liability.
Snap Shares Plunge on EU Child Safety Investigation, Broader Social Media Selloff
Snap Inc. shares tumbled 10.7% to $4.01 after European Union regulators announced a formal investigation into Snapchat's child protection measures. The selloff extended across the social media sector following a separate U.S. legal ruling against Meta and Alphabet.
Snap Plunges 11% on EU Child-Safety Probe, Drags Social Media Peers Lower
Snap shares fell nearly 11% to $4.01, hitting a 52-week low, after the European Union initiated a formal investigation into the platform's safeguards for minors. The decline reflects mounting regulatory pressure across social media.
Gold Stalls Near $4,400 as Rising Yields, Oil Pressure Safe-Haven Appeal
Gold steadied near $4,409 an ounce Tuesday following a sharp decline to a four-month low, pressured by climbing bond yields and energy costs that are undermining its safe-haven status.
Snap Shares Dip on UK Regulatory Pressure Over Child Safety
Snap Inc shares declined 1.4% to $4.79 after UK authorities ordered Snapchat and other platforms to enhance age checks for minors. The regulatory pressure adds to existing concerns over Snap's advertising reliance and user growth.
Ford Shares Stagnate Amid Safety Hearing and Mounting Recalls
Ford Motor shares showed minimal movement, trading around $12.25, as regulatory scrutiny intensifies with a March 31 hearing on fatal BlueCruise incidents and a wave of recalls affecting millions of vehicles.
UiPath Achieves AI Safety Certification Ahead of Q4 Earnings Report
UiPath has obtained AIUC-1 certification for its AI agents, positioning itself as the first enterprise automation platform to meet this safety benchmark. The announcement comes just before the company's fourth-quarter earnings report, with shares declining slightly in late trading.
Appeals Court Weighs State Social Media Bans, Snap Faces Teen Safety Scrutiny
A federal appeals court heard arguments Tuesday on state laws limiting minors' social media access, placing Snapchat parent Snap Inc back in the legal spotlight. Judges questioned whether Florida's under-14 ban and Georgia's age verification rules could be invalidated.
Alphabet in Spotlight: White House AI Power Pledge and Waymo Safety Probe
Alphabet navigates dual challenges as Google joins a White House pledge on AI energy costs and Waymo faces a new safety investigation. Shares edged higher in early trading.
Gold, Oil Spike as Middle East Strikes Fuel Safe-Haven Rush
Gold prices climbed sharply as investors sought safety following military strikes against Iran. Oil surged and global equities fell amid escalating regional tensions.
Procter & Gamble Shares Defy Market Slump as Investors Seek Safety
Procter & Gamble shares gained 2.1% on Friday, bucking a broader market decline as fresh inflation data spurred a rotation into defensive sectors like consumer staples.
Silver Surges Past $80 on Safe-Haven Demand Ahead of Key U.S. Data
Silver prices climbed nearly 3% to breach $80 per ounce in European trading Friday, driven by safe-haven demand amid Middle East tensions and lower bond yields. The rally is increasing costs for solar manufacturers.
Halma Shares Surge 3% as Investors Seek Safety Ahead of U.S. Inflation Data
Halma shares gained over 3% in Friday trading, significantly outpacing the broader FTSE 100 index. The move comes as investors await U.S. inflation data and the company's upcoming trading update.
P&G Stock Gains as Investors Seek Safety Ahead of CPI Report
Procter & Gamble stock advanced as traders sought shelter in defensive sectors before Friday's CPI release. The company reaffirmed its fiscal 2026 outlook.
MEXC Security Review Highlights Custody Safeguards Amid Industry Scrutiny
A recent security assessment of crypto exchange MEXC details its withdrawal controls and $100 million protection fund, while regulators question the adequacy of proof-of-reserves reports.