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Bitcoin price rises as Israel-Iran ceasefire begins, and Senate unveils major crypto bill
Following the commencement of a ceasefire between Israel and Iran and the introduction of significant cryptocurrency legislation by the Senate, bitcoin's market value increased alo...
Read Full Article →Sam Altman calls Iyo lawsuit 'silly' after OpenAI scrubs Jony Ive deal from website
The lawsuit filed by Iyo could have financial implications for OpenAI by potentially affecting branding agreements and causing costs related to legal defense and settlement negotia...
Read Full Article →Trump to Congress: 'NO ONE GOES ON VACATION' until spending bill passes
The delay in passing the spending bill continues to impact government funding decisions, highlighting challenges in reaching an agreement before the Republicans' July 4 deadline.
Read Full Article →Carnival shares pop on earnings beat and raised full-year outlook
Carnival’s stock increased following better-than-anticipated quarterly earnings and an improved forecast for the remainder of the fiscal year, reflecting positive investor response...
Read Full Article →California ports see new wave of freight containers as ships try to beat China tariff hike
The increased influx of cargo at California’s major ports reflects efforts by importers to avoid higher duties, potentially impacting trade volumes and revenue flows ahead of tarif...
Read Full Article →Abbott jumps on RFK Jr. health push — plus, reviews of Eli Lilly's obesity drug data
Abbott’s recent involvement in supporting RFK Jr.’s health initiatives, along with the evaluation of Eli Lilly’s obesity medication findings, may influence market trends and invest...
Read Full Article →Ambarella shares soar 19% on report chip designer is exploring sale
The company experienced a notable increase in stock value after news emerged that it might consider options to monetize its position in the semiconductor and AI software market.
Read Full Article →Home price hikes are slowing more than expected
The easing of home price increases reflects shifts in mortgage costs, inventory levels, and buyer interest, which may influence overall market stability and future investment decis...
Read Full Article →Nvidia CEO Huang sells $15 million worth of stock, first sale of $873 million plan
Nvidia's CEO has initiated a large-scale stock divestment strategy by selling $15 million of shares, marking the beginning of a planned disposition totaling $873 million scheduled...
Read Full Article →Powell emphasizes Fed's obligation to prevent 'ongoing inflation problem' despite Trump criticism
Powell’s focus on addressing persistent inflation highlights the Federal Reserve’s role in stabilizing the economy, which may influence market expectations and investor confidence...
Read Full Article →McDonald's and Krispy Kreme will end doughnut partnership next month
The termination of the collaboration between McDonald’s and Krispy Kreme reflects financial challenges for Krispy Kreme, as the partnership failed to generate expected revenue and...
Read Full Article →Our data center buildout stocks are hot — plus, 1 name to own despite China questions
Investors are showing increased interest in companies expanding data center infrastructure, highlighting a key opportunity in the technology sector while carefully considering risk...
Read Full Article →Average 401(k) savings rates are at record-high levels. How figures compare to popular benchmarks
Recent data indicate that contribution rates to 401(k) plans have reached unprecedented levels, highlighting changes in retirement savings behavior when measured against establishe...
Read Full Article →Oil prices shed 3% as Trump warns Israel against violating ceasefire with Iran
A resolution between Iran and Israel could ease supply risks and improve stability in a key oil shipping route, potentially leading to lower costs and increased market confidence.
Read Full Article →Google could face changes to search in the UK as regulators crack down
If the UK authorities grant Google a strategic market position, it may lead to regulatory adjustments that could impact the company’s revenue and competitive standing in the search...
Read Full Article →Goldman Sachs and Citadel back crypto firm Digital Asset in $135 million funding round
Digital Asset secured $135 million in investment from major financial firms to support the expansion and implementation of its blockchain technology aimed at enhancing institutiona...
Read Full Article →Crypto rules of the road framework unveiled by Republican senators
Republican senators introduced legislation intended to establish clear regulatory guidelines for digital asset firms, potentially influencing investment strategies and market stabi...
Read Full Article →Getting Trump's full tax break on car loans may mean buying a $130,000 vehicle
Middle-income families purchasing high-priced automobiles could take advantage of the complete $10,000 tax deduction on interest paid, potentially impacting their overall financial...
Read Full Article →NATO wants allies to spend 5% of GDP on defense: This chart shows how hard it could be
NATO member countries are expected to increase their defense budgets to five percent of their GDP by 2035, highlighting the substantial financial efforts required to meet this targ...
Read Full Article →RBN Energy executive explains why Iran isn't likely to close the Strait of Hormuz
An energy industry leader shared insights suggesting that Iran is unlikely to disrupt one of the world's most crucial oil transit routes, which could influence global energy market...
Read Full Article →Meta approached AI startup Runway about a takeover bid before Scale deal
Meta's interest in acquiring an AI startup prior to a recent transaction highlights the company's strategic investments aimed at enhancing its artificial intelligence capabilities...
Read Full Article →Oil prices fall 7% after Iran strike on U.S. base in Qatar leaves no reported casualties
The decline in crude prices reflects investor concerns over regional tensions and potential supply disruptions following increased U.S. involvement in the ongoing Iran-Israel confl...
Read Full Article →How Fanatics is teaching business acumen to pro athletes
Fanatics’ Athlete Immersion Program has engaged over twenty professional athletes from various sports, providing them with valuable insights and skills through sessions led by expe...
Read Full Article →Fed Chair Powell speaks on Capitol Hill this week with politics front and center
Federal Reserve Chair Powell’s upcoming Capitol Hill testimony is crucial as political pressure mounts and influential policymakers signal openness to reducing interest rates in th...
Read Full Article →Super Micro shares fall on planned $2 billion convertible debt offering
The company's decision to issue $2 billion in convertible notes maturing in 2030 may impact its capital structure and investor perceptions regarding future financial flexibility an...
Read Full Article →AI's impact on the job market is ‘inevitable,’ says workforce expert: 'It's going to hurt for certai...
The introduction of artificial intelligence is expected to reshape employment patterns, potentially causing financial challenges for some workers while creating efficiency gains an...
Read Full Article →Jim Cramer: Why Wall Street is actually going higher after the U.S. bombed Iran
Despite recent geopolitical events, investor confidence remains steady, suggesting that market movements are influenced more by underlying economic indicators than by international...
Read Full Article →Market's biggest tech stock trades during volatile year leave Apple behind
Several leading technology companies experienced fluctuating stock performance over the past two years, highlighting shifts in investor sentiment and strategies amid changing econo...
Read Full Article →Amazon launches second batch of Kuiper internet satellites, taking on Elon Musk's Starlink
Amazon’s expansion of its satellite network aims to increase market competition and potentially generate substantial revenue in the growing global broadband internet industry domin...
Read Full Article →Fed Governor Bowman favors July interest rate cut if inflation stays low
If inflation remains subdued, a potential interest rate reduction in July could influence borrowing costs and investment decisions, reflecting expectations of limited price increas...
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