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Market News
Border boon?
Border crisis might be a boon for the economy, US and China need ‘tough’ conversations Yellen tells Li, Southwest Boeing 737 engine cover falls off prompting investigation, gold retreats, and Elon Musk claims Reuters is ‘lying’ over report Tesla scrapping plans for low-cost EV...
Strange pairing
Yellen launches contentious economic meetings with China, Ford postpones rollout of new EVs as demand wanes, bipartisan $78B tax deal hits GOP roadblock, silver prices settle near a three-year high, and Alphabet reportedly weighing offer for HubSpot (a strange pairing)...
The new dream car?
AT&T discloses leak of 73 million accounts to dark web, Xiaomi releases electric 'dream car' to take on Tesla, consumer sentiment climbs to 2 1⁄2-year high, China factory activity expands for first time in 6 months, Tupperware warns close to going out of business after 77 years...
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...