Chip stocks that notched record rallies in second quarter start Q3 with a dud

Memory maker Micron, which jumped over 240% in the second quarter, dropped 11% on Wednesday, wiping out nearly $200 billion of market capitalization.
Automakers report mixed U.S. sales results as hybrid vehicles drive market

Second-quarter U.S. new vehicle sales show a sharp divide, with automakers offering hybrid models largely outperforming those without them.
U.S. won’t renew USMCA, opening door for negotiations with Canada and Mexico

President Donald Trump’s “primary” issue with USMCA centers on America’s trade deficits with Canada and Mexico, a senior administration official said.
Trump says outside funds ‘run my money’ after disclosure shows billions in 2025 revenue

The 927-page annual financial disclosure form shows Trump’s purchases and sales of hundreds of companies’ stocks, including Nvidia, Amazon and Microsoft.
Trump administration’s limits on student loan forgiveness program are blocked. What to know

Trump’s policy that narrowed eligibility for a popular student loan forgiveness program will not go into effect, after two federal judges blocked the rule.
Palantir’s Karp bashes OpenAI, Anthropic token model: ‘Something has gone completely wrong’

Karp says skyrocketing token costs are forcing companies to choose open weight models and prioritize efficiency over so-called tokenmaxxing
Dan Ives goes bullish on SpaceX, touting reusable, super heavy Starship rocket as linchpin for success

The rocket and satellite communications manufacturer first soared, and then fell back toward its $135 debut price in June.
Meta pops 8% as company makes cloud push to sell excess AI compute power capacity

The new business is a welcome signal for some investors who have been uneasy about the company’s infrastructure spending plans.
July has been a slam dunk month for the Nasdaq-100. But traders may have front-run it this time

A strong July performance for the Nasdaq-100 may not be a sure thing now.
Trump Accounts for kids launch July 4: What parents need to know

Here’s a breakdown of how Trump Accounts work, who qualifies for free money and when the funds can be withdrawn.