Latest
🇺🇸54d ago
Nvidia Secures HBM Supply from SK Hynix in Major AI Deal
Nvidia has locked down high-bandwidth memory supply from SK Hynix as part of a significant strategic partnership reportedly valued at $500 billion, underscoring the chipmaker's aggressive efforts to secure critical components for its AI infrastructure. The move highlights the intensifying competition for memory supply chains essential to powering next-generation GPU systems and AI applications.
🇺🇸54d ago
Trump Attends White House Correspondents' Dinner After Security Incident
President Trump attended the White House Correspondents' dinner, delivering remarks that mixed humor with criticism, following a security incident that had previously disrupted the event. The gathering represents a return to the traditional annual media-political engagement after past disruptions.
🇺🇸54d ago
Finland's Sand Battery Tackles Renewable Energy Intermittency
A Finnish town has deployed the world's largest commercial sand battery to address intermittency challenges in renewable energy systems. The development highlights growing investment in thermal energy storage solutions as a complement to traditional battery technologies.
🇺🇸54d ago
Trump faces legal challenge as new tariffs on Brazil, Canada take effect
President Donald Trump has implemented renewed tariff measures, including 25% duties on Brazilian imports and announced 50% tariffs on Canadian goods, prompting immediate legal action. Legal experts have raised questions about the sustainability of these measures, suggesting potential constitutional or procedural vulnerabilities.
🇺🇸54d ago
SpaceX Launches Starship in First Test Flight Since IPO
SpaceX conducted its first Starship test flight following the company's initial public offering last month, according to reports. The launch represents a significant milestone for Elon Musk's rocket maker as it advances development of its fully reusable super-heavy lift vehicle.
🇺🇸54d ago
Uber and Waymo End Exclusivity Deal in Atlanta and Austin
Uber and Waymo are terminating their exclusive partnership arrangement in Atlanta and Austin, allowing Waymo's driverless ride services to appear on competing platforms beginning in 2028. The move signals a shift in autonomous vehicle distribution strategy and opens these markets to broader competition in the robotaxi segment.
🇺🇸54d ago
Megacap Earnings and Fed Meeting Test Volatile Market
The U.S. stock market faces a critical week ahead with major corporate earnings reports from megacap companies and a Federal Reserve meeting that could influence market direction. According to reports, traders are bracing for significant volatility as these key events unfold.
🇺🇸54d ago
Energy Price Risks Build Case for Fed Rate Hike
An analysis suggests the Federal Reserve should consider raising interest rates at its upcoming meeting to preemptively address potential energy-driven inflation, arguing that the risks of inaction outweigh the costs of a modest rate increase. The argument weighs uncertainty about inflation's trajectory against the need for preventive monetary policy.
🇺🇸55d ago
South Korea's President Cites Japan Real Estate Collapse to Reshape Domestic Housing Policy
South Korea's president invoked Japan's historic real estate crash as a cautionary example while advocating for changes to the country's domestic property sector, citing concerns over excessive real estate investment. The comparison underscores regional policymakers' focus on preventing similar market destabilization in their own economies.
🇺🇸55d ago
S&P 500 Futures Flat as Markets Recover From Oil-Driven Selloff
S&P 500 futures showed little movement as traders attempted to recover from an oil-driven market decline that has pushed major indices toward weekly losses. The technology-focused Nasdaq Composite is leading the weekly declines among the three major averages.
🇺🇸55d ago
Southwest Airlines Ships Texas Jet Fuel to LA Amid Supply Concerns
Southwest Airlines chartered a vessel this spring to transport jet fuel from Houston to Los Angeles, marking the carrier's first such shipment as it seeks to mitigate potential fuel supply disruptions. The move underscores growing concerns within the aviation industry about fuel availability and supply chain resilience.
🇺🇸55d ago
Market Broadening Beyond AI Trade, Brown Says
Josh Brown indicated that the stock market is expanding its gains beyond technology-focused artificial intelligence investments into insurance and industrial sectors. The broadening trend suggests investors may find attractive return opportunities in undervalued areas outside the dominant AI narrative.
🇺🇸56d ago
Tesla, Alphabet shares fall in premarket as AI spending concerns rattle investors
Tesla and Alphabet shares declined during premarket trading after both companies signaled increased artificial intelligence spending. Investor concerns over elevated capital expenditures weighed on semiconductor and technology sector equities.
🇺🇸56d ago
UniCredit CEO Says Full Commerzbank Acquisition Possible in Q4
UniCredit CEO Andrea Orcel indicated to CNBC that the Italian bank could potentially complete a full acquisition of Germany's Commerzbank in the fourth quarter. The statement signals accelerating momentum in what would be a major cross-border banking consolidation in Europe.
🇺🇸56d ago
Alphabet, Tesla, IBM Lead After-Hours Trading Moves
Several major stocks including Alphabet, Tesla, IBM, Las Vegas Sands, and ServiceNow posted significant price movements during after-hours trading sessions. The broader market activity suggests investor repositioning across technology, financial services, and hospitality sectors following regular trading hours.
🇺🇸56d ago
U.S. Signs Nuclear Power Agreement with Saudi Arabia
The United States has entered into a nuclear power agreement with Saudi Arabia, marking a significant step in bilateral energy cooperation. The deal requires congressional review under the Atomic Energy Act before implementation can proceed.
🇺🇸57d ago
Stock Futures Decline as Earnings Season Intensifies, Iran Tensions Persist
U.S. stock futures fell as investors prepared for another significant day of corporate earnings reports from major technology and industrial companies, while geopolitical tensions involving Iran continued to weigh on market sentiment. The dual focus on corporate performance and international risk factors underscored the competing pressures shaping market direction.
🇺🇸57d ago
Democrats propose bill to limit foreign campaign spending by U.S. companies
Democratic legislators have introduced legislation targeting a Citizens United-related provision that allows foreign-owned companies to spend on U.S. political campaigns. The bill seeks to establish foreign ownership thresholds to restrict such campaign expenditures.
🇺🇸57d ago
Prediction Markets and Gaming Industry Ramp Up Congressional Lobbying
Prediction market platform Kalshi and groups representing the casino, gaming, and online sports betting industries have increased their lobbying expenditures in 2026, according to reports. The heightened spending reflects intensifying efforts to shape regulatory policy around prediction markets and digital gambling in the United States.
🇺🇸57d ago
Fed Lacked Access to Anthropic's Claude Mythos AI Model for Months
The Federal Reserve did not have access to Anthropic's Claude Mythos Preview model as of mid-July, despite raising concerns about the AI system, while other institutions were actively working to patch vulnerabilities. The access gap highlights potential coordination challenges between financial regulators and emerging technology developers during rapid AI adoption cycles.