Markets tumbled as the Federal Reserve kept interest rates unchanged. Officials signaled just one rate cut this year. Rising oil prices and geopolitical tensions added to economic uncertainty. The Producer Price Index also showed an increase. Major stock indexes saw significant declines. Some companies reported gains despite the broader market downturn.
US Stock Market: Meta raises $25 billion via bond sale to fund AI expansion
Meta Platforms has secured $25 billion in investment-grade bonds to fuel its aggressive expansion in artificial intelligence infrastructure. This significant debt issuance follows a substantial
May 1, 2026