Magnificent 7 stock pullback now looks like a buying opportunity, strategist says
Recent weakness in Magnificant 7 now looks to be an opportunity for investors, given that US equity trends remain bullish in the near term, Fundstrat says.
CNBC’s The China Connection newsletter: Tackling EV trucks after success with cars
Beijing’s latest push into electric trucks has echoes of measures announced more than a decade ago to develop new energy passenger cars.
Goldman Sachs picks best hedges for a rate-shock scenario
The bank said last week’s hawkish Federal Open Market Committee meeting has increased uncertainty over the outlook for short-term interest rates.
‘We’ll see’ — Trump hedges on guarantee Iran won’t use oil profits to rebuild military
Treasury Secretary Scott Bessent authorized the import of Iranian oil and refined products into the U.S. through at least August.
Tesla faces federal probe after Model 3 slams into Texas home, killing 76-year-old
Harris County authorities said that the driver, Michael Butler, said that he had been using Tesla’s partially automated driving systems.
Wall Street was once uber bullish on gold. Now it’s changing its tune
The June Fed meeting set a hawkish tone. Now, several Wall Street firms don’t believe gold will live up to their bullish targets.
Three key AI stocks to watch this week with traders expecting giant moves
Micron and Cerebras report this week. Also there’s heavy options activity in Super Micro.
Stocks making the biggest moves midday: Alphabet, AeroVironment, Salesforce, Apogee Therapeutics & more
Here are some of the companies making headlines in midday trading.
Alphabet paces for worst day in a year on AI concerns after high-profile exits
Google parent Alphabet has seen consecutive high-profile artificial intelligence researchers leave.
SpaceX signs computing power deal with open-source AI startup Reflection worth up to $6.3 billion
SpaceX has turned its Colossus data center into a commercial computing power platform, landing recent deals with Anthropic, Google and Cursor.