Oil

Meta & Google hit with $3M verdict in social media addiction trial. Meta faces 70% liability, Google 30%.

KB Home shares plunge 4.7% on weak earnings & 23% backlog drop. Margin collapses to 3.1%.

Arm shares jump 20% on AI chip launch & ambitious 2031 revenue targets. Analysts split on lofty projections.

US recession odds rise to 40% on oil shocks. Inflation may hit 5%, GDP growth cut 1%.

MU, AMZN, MSFT dip post-earnings despite strong growth. Low P/E ratios signal regret for sellers.

Meta & YouTube hit with $3M verdict. Investors eye future liability & engagement risks.

Fink warns: Iran war could spark global recession or boom. Recession odds rise to 30% on oil surge.