Western automakers outsourced supply chains for decades — now Chinese rivals have the cost edge
A recent Rhodium Group report found that structural factors outweigh the effects of state subsidies on the profit margins of Chinese electric vehicle companies.
This group of stocks is a perfect way to play this fraught market, says Wells Fargo
Select utilities offer ways to play the AI boom while also hedging against rising geopolitical risks, the firm found.
Mortgages in 47 seconds: Better’s new ChatGPT app targets lenders Rocket and UWM
Creating a mortgage has been one of the most time-consuming corners of American finance, with lenders relying on dozens of steps that can take weeks.
OpenAI’s Altman takes jabs at Anthropic, says government should be more powerful than companies
The startup landed a deal with the Department of Defense hours after Anthropic was blacklisted by Defense Secretary Pete Hegseth.
Broadcom stock rallies as CEO Tan makes strong case for why AI growth will last
Broadcom’s AI revenue forecast surpassed many bullish expectations from Wall Street analysts.
U.S. crude oil tops $80 per barrel as escalating Iran war disrupts global fuel supplies
Oil prices have surged about 20% this week as the U.S.-Iran war engulfs the Middle East.
Cloud stocks jump, head for best day in nearly a year despite broad market declines
The WisdomTree Cloud Computing Fund (WCLD) gained 4.5% on the session, putting the exchange-traded fund on track for its best day since April 24, 2025.
Epstein files: DOJ plans to release new batch of documents ‘fairly soon,’ MS Now reports
Bill Gates, Leon Black, Goldman Sachs’ top lawyer, and others are expected to testify soon to a House panel about their dealings with Jeffrey Epstein.
German defense firm Renk CEO says Iran war could drive ‘increasing demand’ in the Middle East
The current conflict in the Middle East could benefit Renk’s business, CEO Alexander Sagel said on an earnings call.
The wealthy once rushed to Dubai. Now they’re scrambling to leave
Since the start of the U.S.-Iran war, Dubai’s status as a haven for the global elite has been shattered.
