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FOUND: 54 - What They Never Told You

Amazon, Walmart AI detect 'made in USA' fraud but do not flag it, study says

Retailer AI assistants can identify false "Made in USA" claims on products. However, these technologies are not actively used to police such listings. A recent study highlights this disconnect, questioning corporate incentives for AI deployment. The FTC previously urged Amazon and Walmart to address these misleading product labels. Business justifications,…

The Economic Times

US Tariff Revenue Turns Negative as Billions in Refunds Flow to Importers but Not the Shoppers Who Paid

US customs revenue turned negative in June as tariff refunds topped collections, but the billions are going back to importers, not the consumers who paid higher prices.

International Business Times UK

Meta misses earnings forecasts after Zuckerberg media push to promote AI

Stock tumbles nearly 8% after weaker-than-expected results, despite CEO’s blitz to tout positive effects of AI

The Guardian - US

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South Texas Republican builders warn of voter backlash in November if aggressive ICE tactics continue

Republican business leaders said immigration raids on the Latino community would be top of mind at the ballot box in the midterm elections.

The Texas Tribune

Explained: Why Microsoft shares rallied 9% in extended trading after Q4 earnings despite AI worries

Microsoft shares surged nearly 9% in extended trading after the software giant reported stronger-than-expected Q4 earnings and Azure cloud growth. Robust AI-driven demand, upbeat guidance and lower-than-expected capital expenditure expectations reassured investors that Microsoft's heavy investments in artificial intelligence are beginning to deliver meaningful financial returns.

The Economic Times

Verizon scores $1 billion Google deal to connect its data centers to dark fiber - but is this only the beginning?

$1bn Google deal is the first step in Verizon’s AI infrastructure growth plan, with a number of deals said to be worth billions of dollars.

TechRadar

Trump’s economic victory lap hits a reality check from his own supporters

Many Americans believe tariffs have pushed prices higher and the war in Iran has also increased gasoline prices, hurting consumer confidence in the economy

The Independent UK

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Samsung Stock Jumps Over 6% In Seoul as AI Memory Business Delivers Record Profit: 'Supply Constraints' Expected to Continue

Samsung Electronics Co. Ltd.‘s (OTC:SSNLF) shares rose on Thursday after the chipmaker posted a record second-quarter operating profit as surging artificial intelligence memory demand boosted its semiconductor business, though higher component costs weighed on earnings in its mobile division.

Benzinga

Microsoft beats Wall Street expectations with $90 billion in revenue

Microsoft reported robust quarterly earnings, exceeding analyst expectations significantly. The company's cloud computing platform, Azure, saw substantial revenue growth this period. Paid users for Microsoft's AI assistant, Copilot, also experienced a notable increase. Azure revenue surpassed one hundred billion dollars for the first time this year. These strong results reflect…

The Economic Times

Don’t Chase Roku Stock at New 3-Year Highs

Roku (ROKU) leads U.S. TV streaming platforms, boasting over 60 million active accounts and strong ad-driven growth. ROKU exhibits robust technical momentum, with a recent Trend Seeker “Buy” signal and a 60% gain over the past year. Revenue and earnings are projected to grow sharply, but the high price-earnings ratio...

Barchart

Robinhood CFO details surging prediction market business as firm posts record revenue in Q2

Robinhood beat analyst expectations on several fronts though crypto revenue fell significantly.

Fortune

Dear Sandisk Stock Fans, Mark Your Calendars for August 5

Sandisk is heading into earnings with investors hoping for reassurance after a sharp sell-off, as results could help calm nerves around its outlook.

Barchart

United States Oil Stock Rallies After Trump Vows to Hit Iran Hard

United States Oil Fund (NYSE:USO) shares are surging Wednesday after President Donald Trump pledged a severe military response to an overnight Iranian ballistic missile strike on American forces.

Benzinga

Apple Q3 Preview: Stock Hits All-Time Highs, Will Earnings Justify the Momentum?

Technology giant Apple Inc (NASDAQ:AAPL) looks to maintain its lead as the most valuable company in the world with third-quarter financial results coming Thursday after market close.

Benzinga

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Barchart

Are Wall Street Analysts Bullish on Verizon Communications Stock?

Despite Verizon Communications’ underperformance relative to the SPX over the past year, Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.

Barchart

Are Wall Street Analysts Predicting Uber Technologies Stock Will Climb or Sink?

Uber Technologies has underperformed the broader market over the past year, but analysts are highly optimistic about the stock’s prospects.

Medical Daily

Medicare to End Premium Stabilization Program for Standalone Drug Plans

CMS is ending the Part D Premium Stabilization Demonstration after 2026. Here is what it did and what seniors will learn in September.

The Independent UK

Starbucks CEO earns close to 1,800 times more than store employees — and most big chain bosses do too

Brian Niccol received a $96 million package for his first four months at Starbucks in 2024, sparking widespread social media backlash

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Barchart

Do Wall Street Analysts Like Monster Beverage Stock?

Monster Beverage has rallied the broader market over the past year, and analysts remain moderately optimistic about the stock’s prospects.

Medical Daily

Lettuce Supplier Met Privately with White House Officials as Federal Cyclospora Investigation Named Its Product

Taylor Farms met privately with White House and FDA officials during the cyclospora investigation, a source told Reuters. Here is what is verified.

The Independent UK

The surprising costs of the Iran war: More expensive Lysol wipes and Durex condoms

Reckitt reported its second-quarter results Wednesday, with emerging market like-for-like sales jumping 9.4 percent

Barchart

Kinder Morgan Stock Outlook: Is Wall Street Bullish or Bearish?

Kinder Morgan has narrowly underperformed the broader market over the past year, and analysts remain somewhat bullish about the stock’s prospects.

Barchart

Is Wall Street Bullish or Bearish on Micron Technology Stock?

Micron Technology has substantially outperformed the broader market over the past year, and analysts are highly optimistic about the stock’s prospects.

Fortune

LVMH CEO Bernard Arnault reveals he owned nearly 20% of Netflix, but cashed out too early—his stake could be worth up to $60 billion today

Bernard Arnault owns LVMH—and with it, Louis Vuitton and Dior. But he also owned nearly 20% of Netflix, a stake that could be worth up to $60 billion today.

Everybody Loves Your Money

USDA Charges 33 Los Angeles-Area SNAP Retailers With Fraud Following Federal Sting Operation

The U.S. Department of Agriculture’s Food and Nutrition Administration (FNA) has announced that 33 SNAP-authorized retailers in the Los Angeles area have been charged following a coordinated federal enforcement operation targeting alleged fraud within the Supplemental Nutrition Assistance Program (SNAP). According to the USDA, investigators from the USDA Office of…

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Lorenzo Salgado Araujo

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