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Author: Daniel snow
The move comes just a month after Linda Yaccarino stepped down as CEO of X. Source link
JPMorgan and Bank of America stocks drop as Trump warns of payback for ‘bad’ treatment
Big banks said they agree with President Donald Trump that financial regulations need an overhaul, even as their stock prices dropped Tuesday after the president confirmed plans to issue an executive order to punish those that he said discriminate against conservatives. Source link
Biggest part of the U.S. economy barely grows in July, ISM finds, due to tariff knock-on effects
ISM services index shows higher inflation and less employment Source link
Palantir skeptics double down on a concern that investors have been better off ignoring
Many analysts note that Palantir’s stock is expensive, but that hasn’t stopped the S&P 500’s top performer from adding to its huge gains. Source link
Sentiment surrounding sterling is too glum – BofA Securities Source link
President Donald Trump said Tuesday that he’s considering four people to be his nominee to head the Federal Reserve, but Treasury Secretary Scott Bessent isn’t one of them. Source link
Tesla’s run of rough European sales continues as Germany and U.K. sales halved in July
Tesla Inc.’s rough stretch in Europe continued as data from Germany and the U.K. showed the U.S.-based electric-vehicle maker’s sales were cut in half last month. Source link
Pfizer boosts profit estimate, even as tariffs are absorbed and drug prices may be cut
Pfizer’s stock gains after the drugmaker boosted its full-year profit outlook. Source link
Caterpillar shares are down 1% in premarket trades after the company missed second-quarter profit expectations Source link
Sway has raised $8.5 million to create a seaweed-based alternative to plastic. One of the biggest challenges? Cost. Source link