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Wall Street Ends Mixed; GM Slumps as Tariffs Bite
Wall Street shares ended mixed Tuesday, with steep losses in General Motors and a gain in Tesla as investors focused on recent and upcoming quarterly reports and watched for signs of progress in U.S. trade discussions.
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SpaceX Warns Investors Musk Could Return to Politics
Elon Musk, who most recently served as a senior adviser to President Donald Trump, may return to U.S. politics, Bloomberg News reported Tuesday, citing SpaceX documents and people familiar with the content.
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Silver Breaks Out - Is a Bull Market Ahead?
As I previously wrote, silver was poised for a breakout. And now it's happening. It looks like the silver bull market has begun. In recent weeks, silver has decisively broken through two major resistance zones, $32 and $35.
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Musk's xAI Working to Raise up to $12 Billion
Elon Musk's artificial intelligence startup xAI is working with a financier to secure up to $12 billion more for its expansion plans, The Wall Street Journal reported Tuesday.
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Wall Street Ticks Down on Tariffs' Earnings Impact
Wall Street struggled for direction Tuesday as investors weighed signs of progress in U.S. trade talks and perused a spate of second-quarter company earnings, some of which showed a hit from President Donald Trump's tariff policies.
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AstraZeneca Unveils $50B US Investment as Pharma Tariff Threat Looms
AstraZeneca plans to spend $50 billion to expand manufacturing and research capabilities in the U.S. by 2030, the latest big investment by a pharmaceutical company reacting to President Donald Trump's tariff policy.
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Northrop Grumman Lifts Profit Forecast on Strong Weapons Demand
Northrop Grumman raised its annual profit forecast and topped Wall Street estimates for second-quarter revenue Tuesday, aided by sustained demand for its military aircraft and defense systems as geopolitical tensions simmer.
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Coca-Cola Q2 Beats on Steady Soda Demand
Coca-Cola beat Wall Street estimates for second-quarter revenue Tuesday, as the beverages giant benefited from resilient demand for its sodas.
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GM's Core Profit Slides 32% in Q2 as Tariffs Bite
General Motors' second-quarter core profit fell 32% to $3 billion on Tuesday, as the automaker continued to confront challenging tariff policies, which it said sapped $1.1 billion from the results.
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S&P 500, Nasdaq Notch Record-High Closes
The S&P 500 and the Nasdaq notched record-high closes Monday, lifted by Alphabet and other megacaps ahead of several earnings reports this week, while investors bet on potential trade deals to blunt economic damage from the Trump administration's global...
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Kraft Heinz Seeks to Revive Old Brands by Undoing 2015 Mega-Merger
Kraft Heinz's potential spinoff of slower-growing brands such as Velveeta cheese is a risky last-ditch effort to boost returns by reversing its unsuccessful decade-old merger.
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Morgan Stanley Stays Bullish on US Stocks
Morgan Stanley backed its bullish stance on U.S. equities Monday, citing strong earnings momentum, and said it was expecting a modest pullback in the third quarter that could create an opportunity to buy the dip.
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Retail Speculation Is Back With a Vengeance
Retail speculation is once again gripping the markets. A recent Wall Street Journal article highlighted how the latest retail gambling vehicle-zero-days-to-expiration (0DTE) options-has exploded in popularity.
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Nasdaq, S&P 500 Hit Fresh Record Peaks
The S&P 500 and Nasdaq touched fresh record peaks Monday, as investors hoped for trade breakthroughs and geared up for a week of tech earnings that could set the tone for Wall Street.
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Wall Street Forecasts Gold Reaching $4,000 in 2026
Goldman Sachs, JPMorgan and other leading Wall Street investment firms are forecasting gold will reach a $4,000 milestone by the middle of 2026, Investor's Business Daily reports.
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Union Pacific, Norfolk Southern Explore Cross-Continental Railroad Merger
Union Pacific, the largest U.S. freight railroad operator, is exploring a possible acquisition of Norfolk Southern to create a $200 billion coast-to-coast rail network, a person familiar with the matter said.
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Crypto Sector Breaches $4 Trillion in Market Value During Pivotal Week
The crypto sector's market value hit $4 trillion Friday, according to CoinGecko, marking a milestone that reflects its shift from a nascent asset class to a central part of the global investment landscape.
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Crypto Stocks Jump After Trump Signs Stablecoin Law
Shares of crypto-linked companies jumped Monday, as ether prices advanced after President Donald Trump signed into law a bill regulating stablecoins in the U.S.Trump signed the GENIUS Act late on Friday, marking a huge win for crypto supporters, who have for long lobbied...
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Institutional Investors Warm to Crypto but Demand Still Nascent
Bitcoin's surge to a record this week has reignited questions about the role institutional investors are playing in pushing it higher, with analysts suggesting their role is still in its infancy.
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S&P 500 Recedes From Record as Tariffs Sour Sentiment
Wall Street ended lower Friday, with Meta Platforms weighing on the S&P 500 after President Donald Trump intensified his tariff offensive against Canada, amplifying the uncertainty swirling around U.S. trade policy.
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Tariff Assault on Canada Drags Wall Street Lower
Wall Street indexes declined Friday, as President Donald Trump cranked up his tariff assault on Canada, deepening uncertainty around Washington's trade agenda.
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RealSense Spins Out From Intel to Drive AI Robotics
Computer vision technology firm RealSense said Friday it has completed its spinout from Intel Corp and secured $50 million in early-stage funding to accelerate expansion into the rapidly growing robotics sector.
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Bitcoin Tops $118K Record on Regulatory Optimism
U.S.-listed cryptocurrency stocks rose in premarket trading Friday as bitcoin surged to a record high on growing optimism that regulatory hurdles would soon begin to ease.
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Levi Strauss Jumps 7% on Global Denim Demand
Levi Strauss shares surged more than 7% in premarket trading Friday after the denim maker raised its annual revenue and profit forecasts, counting on robust demand at its stores and website to offset a margin hit from U.S. tariffs.
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US Leading in Bitcoin's $118K Breakout
Bitcoin has just surpassed $118,000 for the first time-an extraordinary milestone. But this is about far more than price action. Bitcoin's reaching $118,158 on July 11 reflects a profound and accelerating shift in how political institutions, regulators, and corporations are...