Salesforce issues weak revenue guidance even as earnings beat estimates

Salesforce reported better-than-expected earnings and revenue for the latest quarter but issued disappointing guidance.
Judge voids $2.2 billion Harvard funding freeze by Trump administration

The Trump administration in April froze grants to Harvard University over concerns about antisemitism on the Ivy League campus and other concerns.
GOP senators not in rush to consider Lisa Cook replacement on Fed until case resolved

President Donald Trump is seeking to fire Fed Board Governor Lisa Cook, citing allegations of mortgage fraud by her. Cook denies any wrongdoing.
American Eagle stock soars 20% as retailer says Sydney Sweeney campaign is ‘best’ to date, beats earnings

American Eagle said its Sydney Sweeney campaign is its best ever, leading to positive gains in new customers, sales and foot traffic.
Santoli’s market wrap-up: Even parts of tech are weak Wednesday with chip stocks running out of steam

Mike Santoli breaks down Wednesday’s market action.
Figma’s stock plunges after company’s first earnings report since IPO

Figma reported better-than-expected revenue for the second quarter in its first earnings report as a public company.
Breaking down the charts on this outperforming medical device maker

Chart analyst Frank Cappelleri goes through the charts that make this stock an attractive play.
US economic activity, employment little changed in recent weeks, Fed says

U.S. economic activity and employment were mostly little changed or unchanged in recent weeks, while prices rose moderately or modestly, the Federal Reserve said on Wednesday.
Polymarket set for U.S. launch after getting green light from CFTC, CEO says

Online prediction betting site Polymarket has been cleared to launch in the United States, the platform’s chief executive, Shayne Coplan, said on Wednesday.
OpenAI boosts size of secondary share sale to $10.3 billion

OpenAI is allowing current and former employees to sell more than $10 billion worth of stock in a secondary share sale.