Trump Cools on USMCA Trade Pact
The US, Mexico and Canada missed the USMCA renewal deadline as Washington pushes for more talks, leaving the trade pact's future unsettled for months or years.
Harvey Walker
SoftBank Revives $10 Billion OpenAI Loan Talks
SoftBank is negotiating a $10 billion loan backed by its OpenAI stake, offering to guarantee repayment after earlier talks stalled over valuing the private AI company.
EU Court Upholds Google Antitrust Fine
The EU's top court has permanently upheld Google's 4.1 billion euro Android antitrust fine, closing a seven year legal battle and cementing Brussels' toughest tech penalty to date.
Google (GOOGL) Owes Klarna $1.5B
A Swedish court ordered Google to pay about 1.5 billion dollars to PriceRunner over search bias claims, adding fresh legal pressure as GOOGL shares hover mid range.
Alibaba (BABA) to Pay $600M in Drug Sales Settlement
Alibaba will pay 600 million dollars to settle U.S. claims over illegal pharmaceutical sales on its platforms, as BABA shares trade near 52 week lows with an oversold RSI.
Meta (META) Stock Soars Today: Here's Why
Meta shares fell nearly 5% even as reports surfaced of a new cloud business to sell spare AI computing power. Here is what the valuation and momentum data show.
Warsh Vows Fed Independence, Prioritizes Inflation Fight
New Fed Chair Kevin Warsh says the central bank will stay independent and keep battling inflation, a stance that appears to shut the door on the rate cuts Trump wants.
Trump Reports $1.4 Billion Crypto Earnings
TRUMPUSD jumped nearly 4% as new disclosures revealed the president earned over 1.4 billion dollars from crypto ventures, reigniting debate over conflicts of interest and market volatility.
Unemployment Rate Edges Lower
The unemployment rate dipped to 4.2% in June, but the improvement had little to do with a stronger job market. Instead, the drop reflected more than 700,000 people leaving the…
Six Figure Earners Priced Out of San Francisco by AI Elite
San Francisco home prices are rising faster than anywhere else in the country as OpenAI and Anthropic edge toward blockbuster IPOs, squeezing out even six figure earners.
Biogen (BIIB) $1B Deal Signals Investor Optimism
Biogen shares rose 3% as the biotech's turnaround gains traction, with new growth drugs offsetting MS drug declines and a fresh 1 billion dollar acquisition raising questions about what comes…
Insurance Claims Explained: Process, Types and Impact
Filing an insurance claim can protect your finances, but it can also raise your premiums or get coverage denied. Here's how claims work across health, property and life insurance.
Insurance Perils vs Hazards Explained
Perils cause the damage, hazards make it more likely. Here is how insurers use the difference between physical, moral and morale hazards to judge claims and set coverage.
Tesla (TSLA) Deliveries Top 480,000, Beat Estimates
Tesla shares fell 7.27% even after the automaker beat delivery estimates for the second quarter. Here is what the price, valuation and momentum data show about the stock right now.
Trump Accounts launch July 4: how they work
Trump Accounts opened for contributions on July 4, giving kids under 18 a tax deferred investment account with a $1,000 government seed deposit. Here is how they work and who…
Super Micro (SMCI) Says Taiwan Staff Detained in AI Probe
Super Micro shares slide as Taiwanese prosecutors detain two employees in an export control probe tied to Nvidia powered AI servers allegedly diverted toward China.
Trump Abandons Trade Deal He Once Implemented
The U.S. has declined to renew the USMCA in its current form, leaving the trade pact in limbo and putting roughly 2 trillion dollars in annual North American trade at…
Trump Accounts Launch: How the Money Gets Invested
Trump Accounts launch July 4 with all contributions defaulting into a rock bottom cost S&P 500 fund. Here is how the new child savings accounts will work and which funds…
Tim Cook blames Micron (MU) for iPhone price hike
Apple raised prices on MacBooks, iPads and more, blaming memory suppliers. Micron fired back. Here is what the dispute means for AAPL's valuation and momentum.
Anthropic Launches Cheaper Claude Sonnet 5 Model
Anthropic's new Claude Sonnet 5 promises agentic AI performance near its pricier Opus model, at a lower cost, as companies push back against soaring AI token bills.
Binance (BNB) Sued by UK Investors for £150M
BNB fell 2.28 percent to 545.84 as nearly 1,700 UK investors sued Binance and Changpeng Zhao for over 150 million pounds, alleging unauthorized derivatives sales.
Super Micro (SMTC) Stock Falls 8% Amid Taiwan Raids
Super Micro Computer shares swing as Taiwan prosecutors expand a probe into alleged Nvidia chip smuggling to China, raising fresh legal risk around its AI server business.
UK Regulator Proposes Easing Apple, Google App Store Rules
The UK's competition watchdog wants Apple and Google to let developers steer users to cheaper payment options outside their app stores, and may force Apple to open up NFC access…
Circle (CRC) Stock Falls as Visa Backs Rival Stablecoin
Circle shares dropped after Visa and partners including IBM unveiled plans for a rival stablecoin network, raising questions about USDC's grip on the market.