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HISTORICAL FACTS: 9 | History Defined

The Federal Reserve Is Expected To Keep Rates On Hold. Here's Why Borrowing Costs May Stay High

The Federal Reserve is widely expected to leave interest rates unchanged at its July policy meeting, a move that would keep borrowing costs elevated for millions of Americans even as inflation has shown signs of easing.

International Business Times

AI Is Making Many People Richer. Economists Want More Americans To Get A Cut

The discussion over what the public receives from AI gained fresh attention after Sen. Bernie Sanders of Vermont floated the idea that the public should own half of the AI industry.

International Business Times

Wildfires Are Out Of Control In France And Spain. Hundreds Of Thousands Are Fleeing

Wildfires in the south of France and Spain have forced the evacuation of hundreds of thousands of people.

International Business Times

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A Wall Street Firm Just Turned Bullish On Ford And GM. It Believes Gains Could Be As High As 22%

Jefferies has upgraded both Ford Motor and General Motors to "buy," arguing that improving earnings trends and stronger operating performance have created more attractive opportunities for investors.

International Business Times

'I Wish I Was Rich Enough': Peter Schiff Mocks Elon Musk After Brutal $100 Billion Weekly Loss

Peter Schiff comments on Elon Musk's $100 billion wealth loss amid Tesla and SpaceX's market struggles, highlighting the volatility of tech wealth and investor sentiment.

International Business Times UK

Apple Is Making an Existential AI Bet—One Analyst Thinks It's Wrong

Apple Inc. (NASDAQ:AAPL) stock rose in Monday’s premarket trading as investor sentiment improved ahead of the opening bell. Nasdaq futures climbed 1.6%, while S&P 500 futures gained 0.97%.

Benzinga

Washington Wants To Limit Chinese AI Models. One Of Them Helped Contain OpenAI's Cyber Incident.

The debate in Washington over Chinese artificial intelligence models has largely centered on national security, intellectual property, and technological competition. This week, it gained an unexpected new data point.

International Business Times

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Paramount Delays Warner Bros. Deal to June 2027 Amid Legal Fight — But Calls It 'Significant Win'

Paramount Skydance (NASDAQ:PSKY) said Friday it has agreed to push back the outside date for its planned purchase of Warner Bros. Discovery (NASDAQ:WBD) to as late as June 2027, as a multistate antitrust fight slows the timetable and increases what it may owe WBD shareholders.

Benzinga

Warren Buffett Says Alphabet Is More Likely to Win Than 95% of Wall Street — But Adds ‘I Don’t Like It as Well as’ Coca-Cola And 4 Others

Berkshire Hathaway (NYSE:BRK, BRK.B)) Chair Warren Buffett believes Alphabet (NASDAQ:GOOG, GOOGL)) has a better chance of long-term success than nearly everything marketed on Wall Street. Yet despite Berkshire’s massive investment in the Google parent, Buffett still wouldn’t rank it among the conglomerate’s very favorite businesses.

Benzinga

Intel Posts Fastest Revenue Growth in Nearly 15 Years on AI Boom. But The Stock Still Fell

Intel just delivered its strongest quarterly revenue growth in nearly 15 years, but the stock still fell on Friday.

International Business Times

Volkswagen Missed Its Profit Forecast, Deepening Its Crisis. CFO Says 4% Margin Is a 'Wake-Up Call'

Volkswagen reported an operating profit of 3.5 billion euros ($3.98 billion), a decline of nearly 10% from last year and well below analysts' expectations of 4.3 billion euros.

International Business Times

ECB Holds Rates Steady As Oil Risks Loom. Traders Are Betting On A September Hike

The ECB voted to leave its main interest rate at 2.25%, a decision that was widely expected after the central bank delivered a quarter-percentage-point increase in June, its first rate hike since 2023.

International Business Times

Why Jefferies’ Chris Wood, billionaire John Paulson say gold’s long term bull market is just getting started

Despite gold's recent pullback from record highs, Jefferies' Chris Wood and billionaire investor John Paulson believe the long-term bull market is only beginning. They cite central bank buying, weakening faith in fiat currencies and risks from the AI investment boom as key drivers supporting higher gold prices over time.

The Economic Times

Intel Earnings Spark Bullish Reactions as Jim Cramer Calls 'Intel's the One,' Gene Munster Says Investors Can 'Sleep Well at Night'

Intel Corp (NASDAQ:INTC) drew praise from market commentators on Thursday after posting second-quarter results that topped estimates, with investors and analysts focusing on the company’s AI-driven demand, higher capital spending plans and long-term foundry roadmap.

Benzinga

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GamesRadar

PlayStation is risking a $7.2 billion used games market by ending disc production, analysts say: "Brick and mortar game retail is doomed"

That's… good to know

International Business Times

U.S. Companies Claim China Is Using Their Tech To Build AI Models. Now Congress Wants To Take Action

Lawmakers are taking aim at Chinese AI models, which they say are being developed with stolen U.S. technology.

Benzinga

NVIDIA's Next Breakout? Market Veteran Sees Plenty of Fuel Left in the AI Leader

Market experts said NVIDIA Corp. (NASDAQ:NVDA) remains a core AI semiconductor holding, while peers such as Broadcom Inc. (NASDAQ:AVGO), Advanced Micro Devices Inc. (NASDAQ:AMD), Micron Technology Inc. (NASDAQ:MU) and Sandisk Corp. (NASDAQ:SNDK) continue to trade around hyperscaler spending, memory demand and AI infrastructure momentum.

International Business Times

The Houthis Announced An Embargo Of Saudi Oil In The Red Sea. They Began Enforcing it Forcefully

Iran's Houthi allies said they struck two Saudi tankers as part of their embargo of the country's oil in the Red Sea.

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Benzinga

Goldman Sachs Wants Its Wealthy Clients in on the Next SpaceX Before It Goes Public

Goldman Sachs (NYSE:GS) is expanding its push into private markets with the launch of a new platform designed to give wealthy clients and family offices greater access to high-profile private companies before they go public.

International Business Times

Reddit Is Reportedly Considering Not Renewing an AI Deal With Google. Its Stock Is Sinking

Reddit stocks are plummeting on Wednesday on reports that the company might won't extend a deal with Google to let it use its content to train its AI models.

International Business Times

The Fed Sought Early Access To Anthropic's Mythos To Address Its Capabilities. It Didn't Get It For Months

The issue highlights growing scrutiny of advanced AI tools as governments weigh national security, cybersecurity, and financial system resilience.

International Business Times

Houthi Rebels Declared a Maritime Embargo Of Saudi Arabia. Tankers Are Already Turning Around In The Red Sea

Tankers carrying Saudi crude through the Red Sea turned around after the Houthi rebels announced a maritime embargo of the country.

Benzinga

IRS Chief Frank Bisignano Fires Back After WSJ Spying Report, Says He 'Wouldn't Even Know How' to Access Confidential Files: 'None of It's True...'

Internal Revenue Service Chief Executive Officer Frank Bisignano on Tuesday denied allegations that he secretly surveilled fellow executives while serving as co-chief operating officer at JPMorgan Chase (NYSE:JPM), calling the claims “completely false” during an interview on CNBC’s Squawk on the Street.

Kiplinger

5 Sleeper Blue-Chip Stock Picks for Steady Long-Term Gains

Forget the red-hot headline grabbers for a minute. We're dedicating space to high-quality sleeper stocks that have already delivered and could keep climbing.

International Business Times

Nvidia Unveils Vera AI CPU, Taking Aim at AMD And Intel In The Battle For Data Centers

According to Nvidia, the first Vera Rubin processors were delivered to customers in June, including AI companies like OpenAI, Anthropic and SpaceX.

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