China slams U.S. for adding firms to export control list over alleged support for Russian military
The U.S. on Friday said it is tightening export controls to “further restrict the supply of both U.S.-origin and ‘U.S. branded’ items to Russia and Belarus.”
Oil prices to remain elevated as Middle East tensions threaten a wider conflict, CBA analyst warns
Brent is forecast to trade at $75 to $85 per barrel in September due to diminishing prospects of a truce in Gaza and an expected Iranian retaliation against Israel.
Tesla’s Optimus faces stiff humanoid competition at Beijing robot conference
While Chinese companies last week showed off human-like robots playing the zither or grabbing sodas, Tesla displayed its Optimus humanoid inside a clear box.
CNBC Daily Open: Nvidia’s ‘drop-the-mic moment’
Wall Street rallies on Powell’s rate cut signal. Intel calls in advisors for activist defense. China slams U.S. over export ban.
Reuters safety adviser killed, two journalists injured in Ukraine’s Kramatorsk
Ryan Evans, a member of the Reuters team covering the war in Ukraine, was killed, and two colleagues were injured in a strike on a hotel in Kramatorsk, eastern Ukraine.
Asia-Pacific markets mixed as Middle East tensions rise; investors assess Powell rate cut comments
China’s central bank will release its medium-term lending rate on Monday, while Singapore will publish its manufacturing data for July.
Morgan Stanley says a global tech downturn is a ‘near certainty’ — and shares how to position for it
“Certain segments of tech – such as semiconductor materials and the AI supply chain – could be hit the hardest,” the bank says.
Bernstein loves these global battery stocks — giving 3 over 50% upside
Bernstein says it expects the number of applications for batteries to “proliferate” as they become cheaper and better.
Dow closes at record high, while tech stocks drag down S&P and Nasdaq
The Dow rallied to a new record high after a winning week for stocks.
Telegram messaging app CEO Durov reportedly arrested in France
Telegram was founded by Pavel Durov, who left Russia after refusing to shut down opposition communities on his VK social media platform, which he has sold.
