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Market News
Aftermath
Bridge collapse consequences are set to stretch out for weeks, Trump's media company valued at $8 billion in strong Wall St debut, cocoa prices hit $10,000/metric ton for first time ever, Amazon launches same-day prescription delivery in NY/LA, and McDonald’s to sell Krispy Kreme nationwide…
DOJ sues Apple
Apple sued by Justice Department for illegally monopolizing smartphone market, Reddit pops 48% in NYSE debut, US economy on solid ground as weekly jobless claims fall, Gold rises above $2200 for first time, and Trump in line for a $3.5B windfall from stake in Truth Social…All eyes on Jerome Powell, Boeing mulls shedding Airbus work in potential Spirit Aero deal, Nvidia CEO wants enterprise to think ‘AI factory’, Wall St optimism at its highest level since early 2022, and Microsoft taps DeepMind co-founder to spearhead AI push…
Reality check
Market faces reality check when Fed updates rate forecasts, White House urges Senate to ‘move swiftly’ on TikTok bill, Putin wins what Russia claims was an "election", Reddit’s IPO as much as five times oversubscribed, and SpaceX is building a spy satellite network for US intelligence…