Market News

Tesla misses on earnings, as free cash flow turns negative and margins slide

Tesla's earnings report lands in the midst of a slide in the company's stock price even as its core auto business is rebounding.

IBM lowers full-year forecast after earnings warning

IBM is now looking to improve productivity with artificial intelligence, including with a new coding tool called Bob.

U.S. signs nuclear power agreement with Saudi Arabia

The agreement will provide U.S. companies with access to Saudi Arabia's nuclear energy program, the Department of Energy said.

Southwest Airlines' third-quarter forecast falls short as fuel bill climbs

Southwest Airlines reported a more than 9% increase in second-quarter profit as higher fares are increasingly helping the airline cover its fuel tab.

Houthis deploy missiles and drones to attack ships in southern Red Sea, naval group says

Attacks on ships transiting the Bab el-Mandeb threaten to cut off millions of barrels per day of Saudi crude oil exports.

OpenAI cyber models broke out of training environment to hack Hugging Face

The incident is unique because it was "driven, end to end, by an autonomous AI agent system," according to Hugging Face.

John Paulson says we are in the early stages of a long-term bull market for gold

He said demand for bullion continues to broaden, led by central banks that have been adding to their reserves alongside growing private-sector interest.

$100M New Jersey deli fraudster James Patten sentenced to 21 months in prison

The notorious New Jersey deli fraud case led to losses of more than $5 million for victims that included two U.S. universities.

Renting a yacht in the Mediterranean this summer just got cheaper

Summer charters in the Med are down 20% to 30% from last year, yacht brokers say, with a growing number offering special discounts for July and August.

Senate crypto bill would ban federal officials — including presidents — from issuing digital assets

A new version of the Clarity Act would impose the first limits on federal officials sponsoring or issuing cryptocurrency.

U.S. Secret Service official: 'Threat environment is the highest we've ever seen'

The Secret Service has seen a 40% increase this year in cases involving threats to protectees, including President Donald Trump.

Analysis: Iran war energy shock hits the U.S. economy as gas and diesel prices climb

A new asymmetry in the market means fuel prices won't fall quickly even if the shooting in the Iran war and Strait of Hormuz stops.

EU antitrust regulators clear Paramount-WBD merger as it faces challenge by U.S. states

European regulators signed off on Paramount's proposed acquisition of Warner Bros. Discovery.

Senate panel advances China auto bill that could bar Mercedes-Benz from U.S.

Mercedes-Benz’s largest individual shareholder is Chinese state-owned BAIC. Cruz warned the bill could hurt Mercedes and accused GM of backing it.

Amazon cuts some jobs in its artificial general intelligence unit

Amazon's AGI unit has released a set of AI models, called Nova, and also includes groups working on silicon and quantum computing.

J&J gets a big win on its new robotic surgical system — plus, a flood of earnings

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

House advances bill barring sitting Congress members from buying stocks

The House on Wednesday advanced a bill that would bar members of Congress from purchasing additional stocks while in office.

Ex-Google recruiter: Ask this 'insightful' question in an interview and I'll want to hire you 'on the spot'

Former Google recruiter Farah Sharghi reveals the question that makes job candidates stand out to her the most.

Kevin Warsh has homed in on three key phrases. How Fed watchers interpret them

In five public appearances, Warsh has used the phrase "family fight" 13 times, returning to "first principles" 11 times and "inflation is a choice" for the Fed six times.

Under-the-radar beverage name captures trader's attention

Michael Khouw breaks down how he's trading this stock ahead of earnings.

Mortgage rates are rising again, but homebuyers are seeing some advantages

Mortgage rates last week rose to the highest level since last August, but homebuyer demand climbed as well, as buyers see more supply.

Reddit stock sinks on report it may not renew Google AI content deal

Google's AI summaries have reduced traffic to websites from the search results page and Reddit is reconsidering the benefits of the deal, the Journal said.

Sen. Wyden introduces bill to curb Trump's tariff powers

Sen. Ron Wyden said Trump has "abused every trade authority at his disposal" and called his new tariffs on Canadian goods a "shakedown."

Samsung ups prices as it launches new foldable smartphones ahead of expected Apple debut

Samsung launched the Galaxy Z Fold8 Ultra, Galaxy Z Fold8 and Galaxy Z Flip8.

AMD to invest up to $5 billion in Anthropic as part of computing power deal

Anthropic's agreement with AMD is the latest in a string of infrastructure deals the company has announced this year to increase its computing capacity.

Peacock is getting a lift from World Cup, Spanish-language content

Peacock attracted new subscribers with the Spanish-language telecast of the World Cup, and executives say advertisers are taking notice.

Trump's generic drug tariffs: What they could mean for medicine prices, manufacturers and supply

Trump's generic drug tariff plan raises questions over prices, U.S. manufacturing and which drugmakers stand to gain or lose as details remain unclear.

Samsung details features of its smart glasses as it enters market dominated by Meta

The Samsung smart glasses are the tech giant's first foray into the product category which is currently dominated by Meta.

Trump's push for American-made AI chips hits TSMC's margins

The Taiwan-based chipmaker has announced $200 billion in investment into U.S. manufacturing since Trump returned to power in 2025.

Citizens United provision allowing foreign campaign contributions draws Democratic bill

Rep. Jamie Raskin, D-Md., and Sen. Sheldon Whitehouse, D-R.I., want to establish foreign ownership thresholds for companies that spend on campaigns.

US judge casts doubt on 69,000 cases alleging J&J talc caused cancer

Vitamin Well raises $2.2 billion to fund EMPWR acquisition - Bloomberg

Northrop Grumman wins $1.2B Navy contract for E-2D aircraft

Gang claims responsibility for hack at Coca-Cola’s fairlife unit

New York mayor taps ex-FTC Chair Khan for key economic post, separately faces suit over rent freeze

Mexico stocks higher at close of trade; S&P/BMV IPC up 0.88%

Tropical Storm Bertha makes landfall in St. Bernard Parish, Louisiana

Raymond James profit rises on capital markets strength

Google increases capex forecast again after cloud-driven earnings beat

Colombia stocks lower at close of trade; COLCAP down 0.19%

Google reports $6bn cash burn last quarter as it raises AI spending again

Search giant says it will commit up to $205bn on AI investments in 2026

Tesla profits plunge as discounts on EV models weigh on results

Capital expenditures more than doubled as company accelerates pivot to semiconductors, autonomous taxis and humanoid robots

Burnham can be the failure that Britain needs

Big government must be tested to destruction for serious reform to finally happen

The deed thieves targeting New York brownstones

As property values rise, more titles are being stolen from homeowners without their knowledge

US and Saudi Arabia agree landmark nuclear energy pact

Washington says deal would pave the way for ‘decades-long, multibillion-dollar partnership’

Mercedes risks US sales ban under Senate China bill

Commerce panel approves legislation barring companies with significant Chinese ownership from US market

Trump threatens to destroy Iranian bridges and power plants

US president’s warning marks latest attempts to assert American control over Strait of Hormuz

European gas prices approach Iran war highs as traders fret over winter supplies

Heatwaves and bidding war with Asian buyers leave market vulnerable to Strait of Hormuz disruption

Greek tycoon’s tanker towed into Iranian waters

Shipping group Dynacom ‘trying to verify’ whereabouts of vessel hit in Strait of Hormuz

IBM just cut its outlook, but not by as much as investors feared

IBM’s official earnings report comes after a bruising profit warning last week.

Yes, the AI stock selloff looks terrifying. But it might actually save the bull market.

The hottest tech trades of 2026 just got slammed — smart investors are buying anyway.

ServiceNow’s stock rises as earnings show momentum in cybersecurity

Against a gloomy backdrop for software sentiment, ServiceNow just topped revenue expectations.

The Treasury market touches a worrying milestone not seen since 2007

There are a host of challenges at work as the ‘long’ 30-year Treasury yield logs its longest stretch above 5% in 19 years

Global oil prices settle at 6-week high after topping $95 a barrel, as hopes dim for de-escalation of Iran war

Oil prices settled at six-week highs on Wednesday after the U.S. struck Iran for the 11th night in a row and President Donald Trump warned that the U.S. will bomb Iranian bridges and power plants if Tehran fires on ships in the Strait of Hormuz.

We have $8 million in traditional IRAs. Should we tap them to buy a house — and take the tax hit?

“We would rather pay taxes upfront than pay mortgage interest.”

‘Owning a pet has become a luxury’ — vets worry about higher prices and shrinking pet population, survey finds

A Morgan Stanley survey shows that U.S. vet practices are growing sales by raising prices as they contend with fewer visits —a formula that analysts say is unsustainable.

My second husband and I have kids from previous relationships. Should my house go to him or my children if I die first?

“We live in a house that I purchased entirely with money I had before we were married.”

More than 70% of recent home buyers were counting on mortgage rates to drop. Now they’re stuck.

Refinancing to a lower rate isn’t an option for many homeowners, who now face “financially unsustainable” mortgage payments.

The bull market faces higher likelihood of a Fed rate hike as Iran crisis intensifies

Treasury yields are approaching the highest levels seen since the Iran war started in February as oil price rises and odds of a Fed rate hike narrow.

Stocks Sink in Broad AI Rout Sparked by China's DeepSeek

U.S. stocks were mostly lower, with the Nasdaq leading declines as makers of AI infrastructure suffered steep falls, many in the double digits. Nvidia was down 16%.