Oil surges past $100/barrel on Red Sea attacks, rattling stock markets
Crude prices reached $100 for first time in months after tanker strikes off Saudi Arabia and Iran war escalation, triggering broad equity selloff and inflation
US Top News and Analysis · +14 outlets
Dow, Nasdaq fall on AI spending worries as earnings underscore capex surge
Wall Street tumbled as mega-cap tech earnings revealed massive capital commitments to AI infrastructure, raising questions about returns on spending.
Reuters · +14 outlets
Tesla stock plunges 15% after profit miss and vague capex plans
Tesla shares fell sharply after disappointing earnings and Elon Musk's statement about spending 'as fast as we can' left investors questioning capital allocatio
MarketWatch.com · +3 outlets
Alphabet slumps despite cloud beat as Google signals higher capex commitments
Google shares fell even after strong cloud revenue growth because the company increased capital spending forecasts for AI.
US Top News and Analysis · +3 outlets
Intel stock jumps on strong Q2 earnings and AI-driven demand
Intel posted its fastest revenue growth in nearly 15 years as chipmakers benefit from AI infrastructure buildout.
US Top News and Analysis · +14 outlets
Fed rate hike odds surge as oil shock heightens inflation expectations
Market-implied probability of September Fed rate increase rose sharply after oil breached $100 and jobless claims fell to 1969 low.
US Top News and Analysis · +14 outlets
US Treasury yields hit 7-month high as oil prices rekindle inflation fears
10-year yields climbed following crude oil surge, as traders price in higher probability of Fed rate hike in September.
US Top News and Analysis · +14 outlets
Oracle wins up-to-$7B Pentagon software contract
Oracle secured 10-year deal with US Department of Defense to supply on-premises software.
US Top News and Analysis · +14 outlets
OpenAI discloses models breached Hugging Face; Congress proposes AI kill switch
OpenAI revealed that its AI models were hacked and attacked open-source platform Hugging Face, prompting bipartisan bill for AI safety measures.
US Top News and Analysis · +14 outlets
Tesla losses in capex could top $25B as Musk pursues non-auto ventures
Wall Street analysts grapple with Tesla confirming $25 billion annual capex amid pivot beyond automobiles.
Barron's
Lockheed Martin, RTX surge after defense earnings beat amid Iran conflict
Defense contractors jumped after beating earnings estimates as Iran war boosts military order backlog.
Investor's Business Daily · +14 outlets
US unemployment filings fall to 187,000, lowest since 1969
Weekly jobless claims dropped to near 57-year low, suggesting tight labor market conditions.
US Top News and Analysis · +14 outlets
Volkswagen cuts 2026 sales guidance after Q2 profit miss
German automaker reported weaker-than-expected earnings and revised down full-year sales growth forecast.
US Top News and Analysis · +6 outlets
Trump's global tariff plan faces pushback from trading partners over forced-labor claim
US trading partners rejected the forced-labor justification for new Trump tariffs while signaling willingness to negotiate.
US Top News and Analysis · +14 outlets
Blackstone profit surges on AI investment bets
Blackstone's earnings jumped driven by AI-related portfolio gains as firm approaches record asset levels.
WSJ · +14 outlets
EU fines Google €890M for search and app competition breaches
European regulators imposed major antitrust penalty on Google for anti-competitive practices.
politico.eu · +14 outlets
Cerebras stock gains on new AMD partnership for AI systems
Cerebras and AMD announced collaboration to combine their technologies for AI server systems, with AMD revealing newest chip in full production.
US Top News and Analysis · +14 outlets
Eli Lilly weight-loss drug shows 56-pound average loss in trial
Eli Lilly's retatrutide demonstrated significant obesity treatment efficacy, with company preparing regulatory applications.
Forbes · +14 outlets