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DARK SECRETS: 52 - The Real Truth

New York sues Kalshi and labels prediction market platform an ‘illegal gambling operation’

A tangle of lawsuits is growing as states try to use their gambling laws to shut down Kalshi, Polymarket and other prediction market operators

The Independent UK

Is Wall Street Bullish or Bearish on Palantir Technologies Stock?

Palantir Technologies stock has underperformed the broader market over the past year, while analysts remain fairly bullish about its prospects.

Barchart

Netflix sued for $105m over stolen Nicolas Cage World War II thriller 'Fortitude'

The lawsuit states that an encrypted copy of the film was on one of several hard drives stolen from Netflix offices in Los Angeles last month, and that the theft has compromised the sale of the film.

Euronews

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1.5 Million Rechargeable Hand Warmers Recalled After 350 Burn Injuries, 15 Fires and One Death

CPSC recalled 1.5 million OCOOPA rechargeable hand warmers after 1,480 overheating reports, 350 burns and one death.

Medical Daily

Nissan Warns It Must Launch New Cars Faster Or 'We Won't Survive'

The troubled Japanese automaker is drastically slashing development times to bring new models to market much quicker.

Motor1

Texas businesses bracing for a financial hit from U.S.-Mexico-Canada trade limbo

Rising uncertainty has led businesses that depend on the United States-Mexico-Canada Agreement (USMCA) pact to pull back on investment in Texas, experts say.

The Texas Tribune

Apple and Amazon report rising revenues as investors turn on some tech stocks

Both tech companies beat Wall Street predictions on revenue in their second quarters

The Guardian - US

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Apple's Services Slowdown Has a Weird Culprit: No F1 Movie This Year

Apple Inc. (NASDAQ:AAPL) said its red-hot Services division lost some momentum in the fiscal third quarter, with CFO Kevan Parekh pointing to an unusual culprit: there was no blockbuster “F1“ movie release this year to boost Apple TV+ revenue.

Benzinga

Shopping on Amazon or Walmart? Why you shouldn't rely on their AI assistants just yet

A new Columbia Law School report claims Amazon and Walmart's AI shopping assistants make American-made products harder to find—and raises bigger questions about AI-powered shopping.

Tom’s Guide

Rivian CEO Explains Why Chinese EV Makers Are So Hard to Beat: 'The Capital Cost Is Zero'

Rivian Automotive Inc. (NASDAQ:RIVN) CEO RJ Scaringe, during the automaker’s second-quarter earnings call on Thursday, shared his view on why Chinese auto companies were hard to compete against, and it all comes down to the cost structure.

Benzinga

Global Market | A history of Japan's biggest interventions to support the yen

The Japanese yen recorded its strongest one-day gain against the U.S. dollar in nearly two years after suspected intervention by Japanese authorities. The move adds to a long history of currency market interventions, from the Plaza Accord to recent efforts to curb excessive yen volatility.

The Economic Times

iPhone Prices to Go up as Memory Chip Costs Keep Climbing? Tim Cook Says Apple Is 'Evaluating All Options'

Apple Inc. (NASDAQ:AAPL) is facing rising memory chip costs that could pressure its business beyond the September quarter, with outgoing CEO Tim Cook saying the company is exploring ways to manage the impact without revealing whether higher costs could eventually affect product pricing.

Benzinga

Apple shares fall despite record revenue as outlook disappoints

Apple’s iPhone revenue jumped by almost 22% in the three months to June, but its forecast for the current quarter fell short of analysts’ expectations.

Euronews

New York sues Kalshi, says its prediction markets are illegal gambling

New York's attorney general has sued Kalshi, alleging its prediction market platform operates illegally. The state claims Kalshi lacks a required gambling license to offer such services. This action follows similar lawsuits filed against other prediction market operators in New York. Kalshi previously sought an injunction against state enforcement but…

The Economic Times

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The Independent UK

China’s factory activity unexpectedly slips into contraction in July

An official survey shows China's factory activity slowed in July, the first time it has contracted in in five months

Benzinga

Amazon Stock Pops 9.5% After-Hours as AWS Fuels Earnings Beat: Jim Cramer Calls it 'Astonishing'

Amazon.com, Inc. (NASDAQ:AMZN) shares jumped Thursday after the company delivered stronger-than-expected second-quarter earnings, with investors and analysts praising accelerating Amazon Web Services profitability as evidence that returns on artificial intelligence investments are beginning to materialize.

The Economic Times

Apple revenue, profits beat expectations on iPhone, Mac sales

Apple said sales for its fiscal third quarter ended June 27 were up 16.4% to $109.42 billion, compared with analyst estimates of a 15.5% rise to $108.65 billion, according to LSEG data, and Apple's own forecast of 14% to 17% sales growth.

The Economic Times

Amazon to boost spending on AI and other technology by $20 billion after strong Q2 results

The Seattle-based company said Thursday that sales in its cloud computing unit called AWS rose 37% during the April-June period, faster than the 28% clip in the previous quarter and marking the fastest rate of growth in 18 quarters.

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Barchart

Why SoFi Stock Is Falling on Earnings and How to Play Shares Here

SoFi delivered a strong Q2 earnings beat, but its unchanged profit outlook sent the stock tumbling. So, what should be your stance now?

Barchart

Why Wedbush Says Price Hikes Are a Double-Edged Sword for Qualcomm Stock

Qualcomm is gearing up for a price hike. But a Wedbush analyst says the plan could backfire with MediaTek lurking.

The Economic Times

Apple disappoints with forecast dogged by supply chain struggles

Apple anticipates slower sales growth this quarter due to supply chain issues. The company faces challenges in obtaining necessary parts for product delivery. This forecast led to a significant drop in Apple's stock value. Despite strong third-quarter results, future growth faces component shortages. Executives highlighted supply limitations rather than a…

Barchart

Dollar Sinks as the Yen Soars on Suspected Japanese Intervention

The dollar index (DXY00 ) tumbled to a 6-week low on Thursday and finished down by -0.99%. The dollar retreated on Thursday’s US economic news that showed Q2 GDP growing less than expected and the Jun core PCE prices index easing as expected, dovish factors for Fed policy. The dollar...

Barchart

Landmark AI Power Agreement Sends Huge Signal for AMD Stock

AMD just locked up to 2.5 gigawatts of U.S. data center capacity through Core Scientific, a deal that could reshape its AI growth story.

Barchart

Arm’s Biggest Opportunity Comes With Its Biggest Risk

Arm delivered record earnings, but investors are now weighing its fast-growing AI ambitions against an increasingly demanding valuation and rising regulatory scrutiny.

Barchart

Bloom Energy Is Rising as AI Power Demand Strengthens. Only Buy BE Stock If You Can Stomach the Valuation.

Bloom Energy reported second-quarter 2026 revenue of $1.065 billion, surpassing $1 billion for the first time, as AI power demand strengthens and major hyperscalers approve its solid oxide fuel cell technology.

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