Trump Jr. calls banking a ‘Ponzi scheme’ that forced family to create crypto business
Donald Trump Jr. and Eric Trump are hosting the World Liberty Forum at Mar-a-Lago in Palm Beach, Florida, which is owned by their father, President Donald Trump.
Microsoft’s Brad Smith says U.S. tech should ‘worry a little’ about Chinese firms’ government subsidies
The Microsoft president said American firms will have to compete with subsidies provided by Beijing to Chinese companies.
FDA agrees to review Moderna’s mRNA flu vaccine application in a reversal
The FDA is slated to make a decision on the flu shot on Aug. 5, which will allow Moderna to make the vaccine available for the upcoming influenza season.
Palo Alto shares sink 7%, CEO defends cybersecurity’s position as AI hits software stocks
Palo Alto has bet big on AI in recent months and launched an aggressive acquisition spree that included buying CyberArk for $25 billion.
Oil jumps 4% after Vance says Iran ignored key U.S. demands, military strikes on the table
Oil traders are worried that war between the U.S. and Iran could lead to a major disruption of crude supplies in the Middle East.
Mark Zuckerberg said he reached out to Apple CEO Tim Cook to discuss ‘wellbeing of teens and kids’
Meta CEO Mark Zuckerberg took the stand in a closely watched social media and safety trial that could reshape the industry.
The ‘boomcession’: Why Americans feel left behind by a growing economy
A combination of the words “boom” and “recession” can help explain why Americans feel so sour about a growing economy.
Stocks making the biggest moves premarket: Nvidia, New York Times, Palantir & more
These are the stocks posting the largest moves in premarket trading.
Arm shares edge higher as Nvidia sells entire stake in company
SEC filings showed Nvidia has exited its position in the British chip designer, which it once tried to buy for $40 billion.
Britain’s BAE Systems sets sights on defense spending boom amid record order backlog
Shares in the UK defense giant rose on Wednesday after it reported strong full-year earnings.
