News from Quartz
What is your interest today?
AstraZeneca will invest $50 billion in the U.S. as it seeks to avoid Trump's tariffs
AstraZeneca plans to allocate $50 billion toward expanding operations in the United States, aiming to generate tens of thousands of skilled employment opportunities while minimizin...
Read Full Article →Google earnings are about to put its AI bets to the test
Investors are closely watching the upcoming financial report as it may reveal the impact of the company’s recent investments in artificial intelligence on its overall profitability...
Read Full Article →Amazon said it wouldn't raise prices because of tariffs. Then it hiked them on hundreds of products
Amazon initially assured customers prices would remain stable despite tariffs, but subsequently increased costs on numerous items, reflecting the broader impact of rising import du...
Read Full Article →Scott Bessent says he wants a probe into 'the entire Federal Reserve institution'
Scott Bessent’s call for a comprehensive investigation into the Federal Reserve highlights growing concerns about monetary policy decisions and their impact on economic stability a...
Read Full Article →Americans are stashing more cash — just not in their bank accounts
Households in the United States are increasing their overall cash holdings by shifting funds from traditional bank accounts to alternative financial instruments such as certificate...
Read Full Article →'If they want war, they will get war': Europe vows response as Trump escalates tariff threats
European officials are preparing various measures such as new digital service taxes and restrictions on government purchases, aiming to protect economic interests amid escalating t...
Read Full Article →Trump denies that Scott Bessent talked him out of firing Jerome Powell
The report highlights the financial implications of internal advice that influenced key decisions regarding Federal Reserve leadership and monetary policy during a period of intere...
Read Full Article →Trump Media buys $2 billion in Bitcoin — and the stock jumps 7%
Trump Media’s recent $2 billion investment in Bitcoin represents a significant portion of its liquid assets, influencing investor confidence and contributing to a noticeable rise i...
Read Full Article →Stellantis says it could lose $2.7 billion as tariffs hit hard
Stellantis reported that various challenges, such as the initial impact of U.S. import duties, may contribute to a substantial financial shortfall approaching $2.7 billion during t...
Read Full Article →TSMC joins the $1 trillion market cap club
The global semiconductor leader reached a remarkable market value milestone, reflecting investor confidence amid ongoing trade tensions and volatile foreign exchange rates.
Read Full Article →Are the Magnificent 7 stocks overvalued?
The combined market value of the seven leading technology companies is being analyzed to determine if current prices accurately reflect their underlying financial performance and g...
Read Full Article →What is the Magnificent 7?
The Magnificent 7 represents a group of leading companies whose market performance significantly influences investment strategies, economic trends, and consumer behavior, making th...
Read Full Article →The fake meat industry is getting desperate
Despite earlier impressive growth, companies producing alternative protein products are now facing declining revenue as consumer demand shifts back toward traditional meat options...
Read Full Article →6 high-profile CEO exits in a record start to the year for executive turnover
The unusually high rate of chief executive departures early in 2025 reflects increased instability that may influence investor confidence and impact overall market dynamics.
Read Full Article →Google, Tesla, GM, and more: What to watch in the markets during a blockbuster earnings week
This week’s earnings reports from major corporations like Alphabet, Tesla, and GM are expected to provide important insights into market trends and influence investor decisions acr...
Read Full Article →Trump eyes up to 20% tariff on all E.U. imports for trade deal
The proposed increase in import duties on goods from the European Union could substantially affect trade costs and market dynamics between the United States and EU member countries...
Read Full Article →Consumers feel slightly better about the economy but still fear inflation will rise
Despite a modest improvement in consumer outlook due to easing tariff worries, ongoing concerns about increasing inflation continue to influence spending behavior and economic stab...
Read Full Article →Jerome Powell defends the Fed's renovation project as Trump allies raise the stakes
The Federal Reserve chair addressed concerns from political opponents by highlighting the potential long-term economic benefits of the expensive infrastructure improvements underwa...
Read Full Article →Netflix had a strong quarter. That’s the problem
Netflix's recent quarterly results show notable revenue gains, but experts caution that future financial growth may rely more heavily on increased subscription costs and advertisin...
Read Full Article →A Fed governor says it's time to cut interest rates now with the labor market 'on the edge'
A Federal Reserve official advised lowering interest rates soon, highlighting concerns about a weakening labor market that could impact overall economic stability and growth prospe...
Read Full Article →The crypto market hits a $4 trillion market cap for the first time. Here's what's driving the boom
The recent surge in digital asset values, supported by increased investor interest and favorable regulatory developments, has significantly boosted the overall valuation of the cry...
Read Full Article →Netflix stock slips despite the streamer beating Wall Street expectations
Netflix's shares declined even though the company raised its revenue projections for 2025, highlighting robust subscriber increases and advertising performance that surpassed analy...
Read Full Article →Key GOP senator warns of bond-market backlash if Trump fires Powell
A prominent Republican senator cautioned that replacing the current Federal Reserve chair before the end of his term could trigger instability in the bond market, potentially impac...
Read Full Article →Meta’s leadership settles investor lawsuit over $5B FTC payout
Meta’s executives resolved a legal dispute with investors concerning a multibillion-dollar payment to the Federal Trade Commission, addressing concerns related to management’s hand...
Read Full Article →Netflix’s growth engine is changing. Earnings will show if it still works
Netflix’s future financial performance will reveal whether its current growth strategy can sustain investor confidence amid high expectations set by recent impressive quarterly res...
Read Full Article →Wall Street begs Trump: Please don't break the Fed
Financial markets reacted sharply to the president’s suggestion of dismissing the Federal Reserve Chair, causing bond investors to become unsettled and leading major banking execut...
Read Full Article →Uber’s robotaxi deal sends Lucid stock soaring. But one analyst isn't sold
The recent agreement involving autonomous vehicle companies has significantly boosted Lucid’s market value, highlighting potential shifts in the competitive landscape of ride-haili...
Read Full Article →Consumer spending rises even as tariff concerns grow and inflation speeds up
New data indicates that consumer expenditures increased in June compared to May, reflecting continued economic activity despite challenges from escalating prices and trade-related...
Read Full Article →PepsiCo earnings beat Wall Street expectations even as business in the U.S. falters
PepsiCo’s second-quarter results exceeded analyst forecasts, driven by strong revenue despite challenges in the U.S. market, reflecting the company’s resilience in maintaining soli...
Read Full Article →Trump’s Coke cane sugar claim puts corn on the defensive
Investors reacted to speculation about a major ingredient change in a popular beverage, causing stock values of companies processing corn to experience a noticeable decline.
Read Full Article →