—— Nvidia Halts H20 Chip Production; Meta Hires Another Apple AI Executive; JPMorgan to Pay $330 Million to Malaysia to Settle 1MDB Claims; Novo Nordisk Slows Growth, Cuts Danish Employee Bonuses; US Mortgage Rates Hold Steady After Four Weeks of Declines; Powell Opens Door to September Rate Cut at Jackson Hole; Canada to Remove Some …
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Market Beats | US Jobless Claims Rise to Highest Since June; Former Top Adviser to NYC Mayor Adams Indicted Again; US Existing-Home Sales Rose Slightly in July; US and EU Eye Auto Tariff Cuts Within Weeks; Boeing Nears Potential 500-Jet Sale to China; New York Appeals Court Overturns $464 Million Penalty but Upholds Trump’s Fraud Liability; Anthropic Nears $10 Billion Funding Round, Boosted by Investor Demand
—— US Jobless Claims Rise to Highest Since June; Former Top Adviser to NYC Mayor Adams Indicted Again; US Existing-Home Sales Rose Slightly in July; US and EU Eye Auto Tariff Cuts Within Weeks; Boeing Nears Potential 500-Jet Sale to China; New York Appeals Court Overturns $464 Million Penalty but Upholds Trump’s Fraud Liability; Anthropic …
Market Beats | Trump Buys Over $100M in Bonds; Fed Chair Contender Zervos: The Fed Has Never Been Independent, Powell Leaned Left; Citi Probed Wealth Chief Andy Sieg After Multiple Senior Complaints; FTC Sues LA Fitness Over “Onerous” Cancellation Policies; Judge Blocks Release of Jeffrey Epstein Grand Jury Transcript; Pension Funds and Family Offices Push Back Against Hedge Fund Fees
—— Trump Buys Over $100M in Bonds; Fed Chair Contender Zervos: The Fed Has Never Been Independent, Powell Leaned Left; Citi Probed Wealth Chief Andy Sieg After Multiple Senior Complaints; FTC Sues LA Fitness Over “Onerous” Cancellation Policies; Judge Blocks Release of Jeffrey Epstein Grand Jury Transcript; Pension Funds and Family Offices Push Back Against …
Market Beats | Trump Expands Steel and Aluminum Tariffs to 400+ Consumer Goods; Home Depot Sales Miss Signals Consumers Holding Back on Big Purchases; SoftBank Invests $2 Billion in Intel; US Housing Starts Hit Five-Month High in July; DeepSeek Launches V3.1 Model Update With Longer Context Window; Citadel: Retail Investors Likely to Ease Buying in September
—— Trump Expands Steel and Aluminum Tariffs to 400+ Consumer Goods; Home Depot Sales Miss Signals Consumers Holding Back on Big Purchases; SoftBank Invests $2 Billion in Intel; US Housing Starts Hit Five-Month High in July; DeepSeek Launches V3.1 Model Update With Longer Context Window; Citadel: Retail Investors Likely to Ease Buying in September 1. …
Market Beats | Powell Faces Dilemma at Jackson Hole; Investors Take Soho House Private in $2.7 Billion Deal; Comcast Faces Record Broadband Losses; Air Canada Pulls Guidance as Flight Attendants’ Strike Grounds Flights; Chinese EV Industry’s Overseas Investment Surpasses Domestic for First Time; Princeton University Launches New Cost Cuts
—— Powell Faces Dilemma at Jackson Hole; Investors Take Soho House Private in $2.7 Billion Deal; Comcast Faces Record Broadband Losses; Air Canada Pulls Guidance as Flight Attendants’ Strike Grounds Flights; Chinese EV Industry’s Overseas Investment Surpasses Domestic for First Time; Princeton University Launches New Cost Cuts 1. Powell Faces Dilemma at Jackson Hole Federal …
Market Beats | Meta Hires More Apple AI Talent to Boost Superintelligence Team; Amex Spending Rises in Q2 as Affluent Clients Keep Spending; US Housing Starts Rebound in June on Multifamily Surge; University of California Dumps Hedge Funds; Crypto Market Cap Tops $4 Trillion; Amazon Warehouse-Backed Bonds Drop on Repayment Concerns
—— Meta Hires More Apple AI Talent to Boost Superintelligence Team; Amex Spending Rises in Q2 as Affluent Clients Keep Spending; US Housing Starts Rebound in June on Multifamily Surge; University of California Dumps Hedge Funds; Crypto Market Cap Tops $4 Trillion; Amazon Warehouse-Backed Bonds Drop on Repayment Concerns 1. Meta Hires More Apple AI …
Market Beats | Uber Partners With Lucid and Nuro to Launch 20,000 Robotaxis; US Retail Sales Rebound in June, Easing Consumer Spending Concerns; Harvard Bonds Look Cheap After Clash With Trump Administration; Morgan Stanley’s Mike Wilson Says Bull Market Is Forming Despite Short-Term Dip; Amazon Cuts Cloud Jobs Amid Rising AI Costs; Vanbarton Gets $250M Loan to Convert Former NYC Archdiocese HQ
—— Uber Partners With Lucid and Nuro to Launch 20,000 Robotaxis; US Retail Sales Rebound in June, Easing Consumer Spending Concerns; Harvard Bonds Look Cheap After Clash With Trump Administration; Morgan Stanley’s Mike Wilson Says Bull Market Is Forming Despite Short-Term Dip; Amazon Cuts Cloud Jobs Amid Rising AI Costs; Vanbarton Gets $250M Loan to …
Market Beats | US Clears Some AI Chip Sales to China; Apple Signs $500 Million Rare Earth Deal; Citigroup Profit Surges 25% in Q2; US Inflation Hits 2.7% in June; China’s Q2 GDP Grows 5.2%
—— US Clears Some AI Chip Sales to China; Apple Signs $500 Million Rare Earth Deal; Citigroup Profit Surges 25% in Q2; US Inflation Hits 2.7% in June; China’s Q2 GDP Grows 5.2% 1. US Clears Some AI Chip Sales to China The US government has granted Nvidia Corp. and Advanced Micro Devices Inc. permission …
Market Beats | Trump Threatens 35% Tariff on Canadian Goods, Eyes Global Hikes; Zara Founder Ortega Buys Paris Luxury Hotel; Bain Capital Weighs Exit From Canada Goose Stake
—— Trump Threatens 35% Tariff on Canadian Goods, Eyes Global Hikes; Zara Founder Ortega Buys Paris Luxury Hotel; Bain Capital Weighs Exit From Canada Goose Stake 1. Trump Threatens 35% Tariff on Canadian Goods, Eyes Global Hikes President Donald Trump threatened to impose a 35% tariff on select Canadian imports and floated a broader increase …
Market Beats | Nvidia Hits $4 Trillion Market Value, First in History; Trump’s Surprise 50% Copper Tariff Sends US Futures Soaring; Cocoa Powder Joins Cocoa Butter in Record Surge; Meta Invests $3.5 Billion in EssilorLuxottica; Goldman Sachs to Require Junior Bankers to Confirm Loyalty Quarterly; X CEO Linda Yaccarino Resigns After Two Years at the Helm
—— Trump’s Surprise 50% Copper Tariff Sends US Futures Soaring; Cocoa Powder Joins Cocoa Butter in Record Surge; Meta Invests $3.5 Billion in EssilorLuxottica; Goldman Sachs to Require Junior Bankers to Confirm Loyalty Quarterly; X CEO Linda Yaccarino Resigns After Two Years at the Helm 1. Trump’s Surprise 50% Copper Tariff Sends US Futures Soaring …