Market News

Tesla quarterly deliveries set record; European recovery raises hopes of annual growth

Monster Beverage innovation pipeline boosts outlook, Morgan Stanley says

Meta’s Wang says coming AI model has caught up with OpenAI- Business Insider

Zuckerberg says Meta’s AI agent progress slower than expected - Reuters

JPMorgan cannot stop paying Charlie Javice’s legal bills, Delaware judge rules

Lockheed Martin leads race for Advent’s Ultra Maritime in $3.5 billion deal, FT reports

Chinese copper foil maker Londian Wason New Energy Tech files for US IPO

Tesla driver charged with manslaughter over crash into Texas home

Blackstone’s QTS terminates Digital Gateway data center project in Virginia

Kioxia readies next-gen memory mass production as AI boom fuels dramatic comeback

Job seekers giving up: Labor force participation rate falls to lowest in 50 years, outside of Covid era

A drop in the unemployment rate helped provide some upside to what was an otherwise downbeat jobs report — but it was for all the wrong reasons.

Trump bought Apple, Nvidia and other tech giants before tariff reversal fueled rebound

The day before President Donald Trump walked back his tariff policy turned out to be one of his busiest days of 2025 for stock buying.

Nvidia offers start-up customers chance to swap compute power for revenue share

Nvidia says it will give start-ups the chance to swap access to compute power for a slice of future profits under a new program aimed at AI-focused firms.

U.S. job creation cools in June with payrolls growth of just 57,000; unemployment rate at 4.2%

Nonfarm payrolls were expected to rise by 115,000 in June and the unemployment rate to hold steady at 4.3%.

Saudi Arabia has ramped up oil shipments through the Strait of Hormuz since U.S.-Iran deal

Saudi Arabia is restarting its export logistics in the Persian Gulf after a three-month pause, according to Kpler.

Tesla stock sinks 7% despite strong deliveries report, posting worst day in nearly a year

Tesla is trying to recover from consecutive annual declines in vehicle sales that were partly caused by a consumer backlash against CEO Elon Musk.

High-end camping and a capital raise: AutoCamp is banking on summer travel to fuel growth

AutoCamp offers Airstream suites, polished cabins, fire pits, design-forward amenities and access to iconic outdoor destinations.

Americans are paying record prices for steak. Here's why demand isn't cracking

Despite record beef prices, Americans aren't giving up steak. Consumers are treating beef as an affordable luxury and prioritizing it for special occasions.

Led by Buc-ee’s and new rival Dolly Parton, America’s gas station chains are in a mega-sizing era

Gas station chains led by Buc-ee's are coming closer to rivaling America's big box stores in size, and Dolly Parton is getting in on the retail trend.

Microsoft commits $2.5 billion and 6,000 employees to new AI implementation unit

Microsoft is the latest tech company to form a business focused on helping customers understand and implement artificial intelligence.

Olympian David Hearn indicted in Reflecting Pool destruction of property case

President Donald Trump has made the renovation of the Reflecting Pool on the National Mall a top priority in his second year back in the White House.

Trump Accounts get a boost from employer contributions — Goldman Sachs and Morgan Stanley are the latest to offer matching programs

The growing list of companies that will match contributions to Trump Accounts for their employees now includes Goldman Sachs and Morgan Stanley.

GE Vernova's gas turbines aren't the only way it's winning from the AI boom

Electrification secured $2.4 billion in data center equipment orders during the first quarter of 2026, beating the segment's total for all of 2025.

Sandwich chain Jersey Mike's files for IPO, reports 50% same-store sales growth in recent years

Jersey Mike's has nearly 3,300 locations, making it the second-largest hoagie sandwich chain in the U.S. behind Subway.

Levi's, The North Face and Columbia are turning to women to fuel their next phase of growth

Legacy apparel brands including VF Corp., Levi's, and Columbia are investing more heavily in women's products and marketing.

Married Americans tend to be wealthier and happier. Gen Z is forgoing the institution anyway

Gen Z defines the American Dream as having financial stability and being happy. Marriage could help them reach both of those goals, but many aren't sold on it.

Premier Lacrosse League plans to bring in team owners by 2028 'or soon thereafter,' co-founder says

Paul Rabil told CNBC he's banking on the 2028 Los Angeles Summer Games, where lacrosse will return as an Olympic sport, to shine a spotlight on the PLL.

Autonomous drone startup Quantum Systems raises $1.2 billion as investors pile into defense

Defense tech startups are raising record amounts on both sides of the Atlantic amid a flurry of investment in the sector.

House lawmakers approved a bipartisan bill to protect older adults from financial fraud. Here's what to know

The Financial Exploitation Prevention Act of 2025 is aimed at preventing adults age 65 or older or those with disabilities from losing their money to fraud.

Ford Q2 sales drop 10.3% due to F-Series supplier issue, falling EV demand

Ford said its EV sales fell by 40.7% during the quarter compared with a year earlier, while sales of its F-Series trucks, including the F-150, declined 11%.

Treasury says Trump Account investment options will include State Street, BlackRock and Vanguard ETFs

The Treasury Department said the investment lineup for Trump ‌Accounts includes ETFs from State Street, BlackRock and Vanguard.

Rivian raises 2026 delivery outlook while Lucid misses Wall Street expectations for second quarter

Rivian is increasing its delivery outlook to between 65,000 and 70,000 EVs, up from 62,000 to 67,000 units.

Meta’s push into cloud computing means Wall Street has to prepare for lower margins

Meta appears poised to enter the cloud computing market in an effort to monetize its massive AI infrastructure.

Trump says 'everybody's profiting' from recent market rallies — but it’s mostly the 1%

A large share of U.S. households have no exposure to equities and have not benefited from the bull market.

Ford CEO wants level playing field with Toyota, GM imports as USMCA trade talks reopen

Ford reports it assembled over 2 million vehicles in the U.S. last year – more than any other auto manufacturer, including 311,000 units for export.

Stock market gains minted nearly 1 million new millionaires in 2025, new UBS report says

Global personal wealth surged by 10.8% in 2025, the biggest jump since 2017, according to UBS.

AI agents will soon be able to match human traders, Robinhood CEO tells CNBC

Vlad Tenev spoke about the potential of AI agents in trading in an interview with CNBC.

How high hopes for Biden’s student-loan forgiveness plans cost borrowers

The Biden White House's lofty expectations for its loan forgiveness efforts inadvertently damaged the financial situation of many student loan borrowers.

OpenAI proposes 5% stake to Trump administration to ease Washington pressure: Report

Trump said in June that the U.S. taking an ownership stake in AI giants would be "a beautiful thing" and make American public "partners in this revolution."

Most prediction market contracts have low volume, leaving users exposed to volatility and bots

Prediction market volume has grown exponentially but several markets never make it over $10,000.

US economy undershoots forecasts with 57,000 jobs added in June

Hiring slows after 3-month streak of overperformance

Why Americans are about to pay so much for their July 4 hot dog

Inflation triggered by Donald Trump’s tariffs and Iran war set to make holiday parties most expensive ever

On America’s 250th, remember your Adam Smith . . .

The ground is fertile for a renewal of the commitment to free markets and free people

OpenAI proposes handing Trump administration 5% stake

Sam Altman’s start-up in early talks for a public ownership deal as political pressure rises

Altman’s AI safety proposal: let us win, or everybody loses

A US-led world order would hand a big advantage to an American oligopoly that includes his own company

Apollo struggles to sell Hispanic grocer after US immigration raids hit sales

Investors and analysts say customers’ fear of Trump’s deportation campaign weakened the private equity-owned chain

Blue Owl hit by $4.7bn of redemption requests as investor exodus persists

Withdrawal requests at 20 private credit funds tracked by FT totalled more than $22bn in second quarter

‘Heat dome’ over eastern US sends electricity prices soaring

More than 150,000 households left without power as temperatures near 40C strain utility grids

Spotify deletes streams of chart-topping song after suspicious Kalshi bets

Platform removes more than 500,000 streams of Malcolm Todd track ‘Earrings’ on concern traders propelled it to number 1

My doctor friend objected to his hospital’s fundraising tactics. Did management go too far?

“This shocking program was exploiting doctors and the trust inherent in their relationships with patients.”

‘I claimed Social Security at 62’: At 76, I’m working at Walmart. Why do I still owe payroll taxes?

“It seems like half of the workforce at our local Walmart is over 65.”

When does my kid get the free ‘Trump account’ money?

As the accounts start working, here are 5 things families should know about what’s next

Dow scores fresh record despite tepid jobs report. Why the rest of 2026 is about workers.

“American workers are not getting a raise,” says J.P. Morgan Asset Management strategist.

Trump blasts ‘hostile’ Fed and says Warsh ‘has to do what he has to do’ on interest rates

Trump, in the interview, also said he continues to plan to remove Fed governor Lisa Cook from the central bank’s board.

I have no kids. Will I cause family drama by leaving different amounts to my nieces and nephews?

“Part of me would prefer to leave more to those for whom the money could make a meaningful difference.”

5 things to know about Jersey Mike’s ahead of its IPO

Sandwich chain’s IPO filing offers details about sales gains and family compensation

Trump’s billion-dollar crypto haul triggers some everyday investors sitting on big losses

Millions of crypto investors around the world are sitting on losses as a painful bear market erases trillions of dollars in paper profits.

Trump’s real-estate licensing income in foreign countries nearly doubled — and now features Qatar and Romania

One ethics watchdog has “grave concerns about the president doing business in foreign countries.”

Gamer trades in $1,000 of physical discs at GameStop, days after Sony announces end of disc era

While some collectors may plan to hoard their physical media, one Columbus gamer decided to liquidate his collection

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%.