UK’s Labour sweeps to power in landslide win, Biden’s Fourth of July shrouded by pressure to drop out, tells allies he’ll limit evening events to get more sleep, Tesla short sellers lost $3.5 billion in two days, and Saks owner to buy luxury retailer Neiman Marcus...
Biden faces growing revolt from Democrats, Fed's Powell says US on 'disinflationary path’, Apple to get OpenAI board observer role, Tesla shares soar on Q2 deliveries, and echoes of dotcom bubble haunt AI-driven stock market...
SCOTUS rules Trump has some immunity, Democrats weigh July vote to formally tap Biden as nominee, Tesla adds $45 billion as shares rebound, Trump Media joins Russell Indexes, and "Roaring Kitty" buys $245 million stake in Chewy...
US to criminally charge Boeing, Biden loyalists dismiss calls to quit, top banks hike dividends after passing stress test, CLOs are running out of things to buy, and 24-hour stock trading is booming...
Supreme Court curbs SEC’s enforcement powers, Goldman signals the end of an era in private equity, Chinese automakers expect 33% global market share by 2030, Tesla’s design changes confuse drivers, and Biden blunders dominate debate with Trump...
Amazon reaches $2 trillion market cap - also launching new discount section with direct shipping from China, top banks sail through Fed's 'stress tests', Japan issues warning against sharp falling yen, and consumers are revolting against high prices...
Volkswagen invests $5 billion in Rivian to form joint venture, the Biden-Trump rematch effect on the stock market, Americans felt shakier about the economy this month, Cruise names former Amazon, Xbox exec as new CEO, and Tesla issues a recall for every cybertruck...
Nvidia’s three-day selloff has traders scouring charts for support, ocean shipping prices are near pandemic-era highs, David Rubenstein says Fed rate cuts not likely before election, Trump Media stock (DJT) soars 30%, and Julian Assange is ‘free’...
Wall Street can’t keep up with Nvidia growth, Cathie Wood voting for Trump for US economy, US regulators single out four banks for flawed 'living wills', ByteDance taps Broadcom to develop AI chip, and Apple and Meta discuss AI partnership...
Anthropic announces its most powerful AI yet, Canada joins US and EU tariff moves on Chinese EV’s, SpaceX unveils backpack-sized ‘Starlink Mini’, triple-witching tests market calm, and Bugatti unveils new $4.1 million hybrid hypercar...
Nvidia overtakes Microsoft as world's most valuable company, Fisker files for bankruptcy, OpenAI co-founder announces new AI startup, Boeing CEO blasted in US Senate hearing, and Netflix to launch mega experience stores...
S&P 500 hits 30th record of 2024, Apple shutting down Pay Later loans, GameStop sinks after annual shareholder meeting fails to deliver, US sues Adobe for hiding fees, and IRS to raise $50 billion by closing loophole exploited by wealthy...