Archive snapshot · Markets
Tue, Aug 25, 9:33 PM ET
Dick's Sporting Goods shares plunge 30% after earnings miss, slashed outlook on 'challenging' footwear market
The retailer's record selloff dragged other footwear-related names as consumers sour on retro sneakers and demand deeper discounts.
US Top News and Analysis · +2 outlets
Canada unveils retaliatory tariffs on about $20 billion of U.S. goods after talks fail
Canadian trade negotiators left the U.S. without a deal that would stop President Trump's new tariffs from taking effect.
US Top News and Analysis · +1 outlets
Iran and Oman discuss joint shipping route in Strait of Hormuz, oil drops more than 3%
Iran and Oman discussed a proposal to establish a jointly managed shipping route through the Strait of Hormuz, as the U.S. shifts to economic pressure on Iran e
US Top News and Analysis · +2 outlets
SpaceX plans to build a $100 billion spaceport in Louisiana
SpaceX plans to establish Starbase, LA in Vermilion Parish to support thousands of launches annually, with construction set to start in 2027.
US Top News and Analysis · +1 outlets
Apple announces new Mac Mini and Mac Studio models with AI upgrades
Apple said developers can run and fine-tune large AI models locally on their Mac with the new chips and frameworks.
US Top News and Analysis
Amazon service Mechanical Turk, which Bezos called 'artificial artificial intelligence,' is shutting down
The service launched in 2005 as a way to farm out tasks that are easy for humans to complete but too challenging for computers.
US Top News and Analysis
OpenAI data center chief Chris Malone is out in latest executive exit
An OpenAI spokesperson said the company recently reorganized its infrastructure organization to support the scale and pace of its work.
US Top News and Analysis · +1 outlets
China builds hedge against US sanctions as Washington pressures banks over Iran
The U.S. can pressure Chinese banks over Iran through access to its financial system, while Beijing is building alternatives such as CIPS.
US Top News and Analysis
Waymo to launch driverless rides in Germany in 2027, entering third market outside U.S.
Waymo has been the biggest robotaxi player in the U.S. and has announced plans to enter the UK, Japan and now Germany.
US Top News and Analysis · +1 outlets
Trump targets Iran's trade lifelines, countries most exposed identified
Washington's threat of economic D-Day collides with a small group of governments that account for most of what remains of Iran's foreign trade.
US Top News and Analysis
Bond rout bets dominate options market as traders anticipate rally
Options traders are placing massive bets on a bond rally amid signs the bond rout may be ending.
US Top News and Analysis · +1 outlets
Stanley Druckenmiller leads doubters who think Bessent's bond ploys will fail
The bond market interventions have generated a modest decline in yields along with a growing chorus of derision.
US Top News and Analysis
Treasury yields fall, gold rises on Bessent's $1 trillion warning
Concern over the size and cost of U.S. government spending has given new life to the debasement trade.
Investor's Business Daily · +3 outlets
Micron CEO sounds alarm on AI memory crunch, supply may not catch up until 2028
Micron's CEO warned that AI-driven memory demand continues growing and supply may not catch up until 2028; stock fell 4%.
Benzinga
'Debasement trade' returns after Bessent bond maneuver, crypto and gold back in style
Concern over the size and the cost of U.S. government spending has given new life to the debasement trade, lifting gold and bitcoin.
US Top News and Analysis
Alibaba launches Wan3.0 AI video model after record $10 billion share sale
Alibaba launched its latest AI video generation model following a record $10 billion share sale.
Proactive
Paramount CEO David Ellison at final hurdle before buying WBD, antitrust challenge persists
An antitrust challenge by state attorneys general has left Paramount's CEO hunting for avenues to get his deal for Warner Bros. Discovery done.
US Top News and Analysis · +1 outlets
Semiconductor stocks drag S&P 500, Nasdaq lower
Chipmaker and AI-infrastructure stocks pressured markets amid sector weakness.
Yahoo Finance · +1 outlets

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