Trump presses European Union to impose 100% tariffs on India and China to squeeze Putin
U.S. President Donald Trump has asked the European Union to hit China and India with tariffs of up to 100% over the countries’ Russia oil purchases.
‘We’re all kind of in shock.’ Oracle’s revenue projections leave analysts slack-jawed
Oracle’s earnings report included numbers that suggest the company’s growth rate due to artificial intelligence is about to pop.
Rate cuts could prompt investors to step out of cash into bonds, says Bone Fide Wealth’s Doug Boneparth
The Fed’s easing action could trigger investors to dump cash and allocate more capital to fixed-income assets, says Doug Boneparth at Bone Fide Wealth.
Asia markets open mostly higher ahead of key China inflation data
Investors are awaiting for key August inflation data from China, which is expected to be released later in the day.
Apple raises iPhone Pro starting price in U.S. for first time since 2017
Apple’s iPhone 17 Pro starts at $1,099. That’s $100 more than last year’s iPhone 16 Pro.
Trump signs memo to crack down on direct-to-consumer pharma ads
The Trump administration plans to ensure transparency and accuracy in drug ads, including by increasing the amount of information related to any product risks.
Congress will do ‘what’s right’ if Trump’s tariffs are tossed by Supreme Court, House tax committee chair says
The future of President Donald Trump’s tariffs is uncertain after the Supreme Court agreed to consider their legality on an expedited basis Tuesday.
OpenAI CFO says companies who are not embracing AI fast enough will ‘get left behind’
People need to adopt artificial intelligence if they want their businesses to keep an edge, said OpenAI’s finance chief
Oracle pops 27% on cloud growth projections even as earnings miss estimates
Oracle said total remaining performance obligations jumped 359% from a year earlier, indicating big growth prospects.
Stocks making the biggest moves after hours: Oracle, GameStop, Synopsys and more
See which stocks are posting big moves after the bell.