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UNBELIEVABLE: 62 | History Defined

What You Need To Know Ahead of Sandisk's Earnings Release

Sandisk is expected to announce its fourth-quarter results in August, and analysts predict a significant jump in the company’s bottom-line figure.

Barchart

SpaceX's Stock Has Tumbled Below Its IPO Price. Short Sellers Betting Against It Are Up Billions

According to data from analytics firm Ortex Technologies, short sellers have continued to increase their bearish wagers against SpaceX even after the stock's steep decline.

International Business Times

Andreessen Horowitz Declares 'Travis Is Back' With $1.7B Robotics Bet

Andreessen Horowitz is making a major bet on the future of AI-powered robotics, backing former Uber (NYSE:UBER) co-founder Travis Kalanick’s next venture with a $1.7 billion funding round for Atoms.

Benzinga

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Cisco Systems' Quarterly Earnings Preview: What You Need to Know

Cisco Systems is set to post its fourth-quarter results soon, and analysts predict a double-digit growth in the company’s bottom-line figure.

Barchart

Earnings Preview: What To Expect From The Home Depot’s Report

The Home Depot is set to report Q2 earnings next month, with analysts expecting marginal year-over-year EPS growth.

Barchart

Trump dismisses affordability as a ‘word made up by the Democrats’ while predicting oil will come ‘tumbling down.’ (It’s at $100 per barrel)

At his rally, Trump admitted, “You may be paying a little bit more,” and pleaded for more time, while saying the Iranians “break every deal they make.”

Fortune

Dow forecasts quarterly core profit slightly above estimates, warns of Middle East uncertainty

Dow Inc predicts that its third-quarter core profit will surpass Wall Street's forecasts, bolstered by effective cost-cutting strategies. Although there may be challenges like pricing declines and seasonal slowdowns, the company noted strong sales growth in its packaging and specialty plastics segment. Notably, shares of the chemicals manufacturer experienced an…

The Economic Times

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How to claim your share of Amazon’s $2.5 billion settlement over Prime by Monday deadline

Consumers have until Monday to get their share of a massive $2.5 billion Amazon settlement before the deadline passes.

The Independent UK

Tesla shares crash 14%, Alphabet falls 6% as AI spending worries hit Wall Street

Tesla and Alphabet shares fell after quarterly results as investors overlooked robust revenue growth and focused on weaker margins, missed earnings and rising AI spending. The selloff highlighted Wall Street’s growing demand for profitable AI investments with stronger near-term returns.

The Economic Times

What You Need to Know Ahead of Berkshire Hathaway's Earnings Release

Berkshire Hathaway will release its second-quarter earnings soon, and analysts anticipate a low single-digit bottom-line growth.

Barchart

Nearly 1 in 3 Americans Say They Have Shoplifted This Year as Inflation Strains Budgets, Survey Finds

Respondents reported stealing primarily everyday necessities rather than discretionary items, with food and nonalcoholic beverages among the most commonly stolen goods

Latin Times

Google’s Most Profitable Quarter Ever Ended With Negative Cash: One Number Explains It

Alphabet Inc. (NASDAQ:GOOGL) delivered the most profitable quarter in its history. It also delivered something it had never delivered before: negative free cash flow.

Benzinga

Millions of Americans Report Feeling Trapped In Their Jobs. They Don't Leave Because They Need The Health Insurance

Millions of Americans say they are trapped in jobs because they are afraid of losing their health insurance.

International Business Times

10 Auto Repair Estimate Questions to Ask Before Authorizing Work

Before authorizing auto repair work, ask more than, “How much will it cost?” A repair estimate can contain the difference between a manageable bill and a wallet-crushing surprise, especially when the shop discovers another problem after taking the vehicle apart.

Clever Dude

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Everybody Loves Your Money

Credit Card Rates Are Still Near 21%: 6 Balance Moves Households Should Review Before Charging More

Credit card rates remain painfully close to 21%, with the Federal Reserve’s latest FRED data showing an average rate of 20.94% for all commercial bank credit card plans in May 2026. That number turns a casual “put it on the card for now” into a decision worth examining before the…

Reason

From Weed to Whiskey: Is This the Supreme Court's Next Big Commerce Clause Case?

What’s at stake in Ream v. U.S. Department of the Treasury.

International Business Times

America's Shoplifting Problem Is Growing. Inflation May Be A Big Reason Why

A survey from LendingTree found that 30% of Americans admit they have shoplifted at least once, a sharp increase from 23% who said the same in its 2024 study.

The Texas Tribune

Millionaires could dominate Texas’ crop of new Congress members

A Texas Tribune analysis found Texas' incoming U.S. House delegation stands to get wealthier, with a $3.34 million median net worth among the crop of potential new members.

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The Guardian - US

Tesla’s profits slide despite growing revenue as it pivots to robotics and AI

Shares in Elon Musk company fall more 3% in after-hours trading, as earnings per share miss Wall Street expectations

The Texas Tribune

Community colleges beat student outcome predictions. Now Texas can’t afford related incentives.

A formula designed to reward colleges for student success generated larger payouts than budgeted. Now, Texas’ higher education agency may limit how schools receive such funding.

Fortune

Exclusive: Startup Arrakis emerges from stealth with $38 million in funding to bring AI to industry

The company wants to bring agentic AI to aerospace, energy, logistics, and manufacturing.

The Economic Times

Will robotaxi be the next big trigger for Tesla? Here’s what Elon Musk said

Tesla is accelerating the rollout of its unsupervised robotaxi service in the US, with CEO Elon Musk outlining ambitious expansion plans while stressing safety as the company's top priority. Musk also reiterated that humanoid robot Optimus could become Tesla's biggest product as the EV maker doubles down on AI and…

Benzinga

Intel CFO David Zinsner Said Supply Would Improve 'Through the Rest of the Year' — Q2 Earnings Will Test That

Intel Corp (NASDAQ:INTC) reports second-quarter financial results Thursday after the closing bell, with investors expected to look for updates on whether the company has started easing the supply constraints that executives said limited revenue in the first quarter.

Benzinga

Elon Musk Says Tesla's Spending Spree Is the 'Fastest Industrial Scale-Up Since World War II' as 2026 Shapes Up To Be a 'Massive CapEx Year'

Tesla Inc. (NASDAQ:TSLA) is increasing its capital and operating expenditure to achieve the most rapid industrial expansion in the U.S. since World War II, as revealed by CEO Elon Musk and CFO Vaibhav Taneja.

The Economic Times

Google increases capex forecast again after cloud-driven earnings beat

The search giant now expects to spend between $195 billion and $205 billion in capital expenditures, its finance chief Anat Ashkenazi said on a conference call with analysts. The company said last quarter that it planned to spend between $180 billion and $190 billion this year.

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