Dow slides more than 300 points to start week as Treasury yields pressure stocks
Stocks fell Monday, weighed down by a jump Treasury yields to start the week.
China weighs allowing ByteDance, Alibaba to buy new Nvidia chips, The Information reports
China officials recently asked companies including ByteDance and Alibaba to report their plans to purchase Nvidia’s RTX PRO 5500 chips, according to the report.
Meta’s Muse agent is attacking one of the economy’s most profitable weak spots
Meta’s Muse AI personal agent will work over your credit card spending if you don’t mind the invasion. How big a threat is it to the subscription economy?
Swiss voters reject tighter neutrality rules that would have curbed NATO cooperation
More than two-thirds voted against a proposal to write a strictly defined version of neutrality into the Swiss constitution, the latest projections showed.
Armani open to more than one investor for sale of 15% stake, CEO says
Armani is open to involving multiple investors in the sale of a 15% stake earmarked in founder Giorgio Armani’s will, CEO Giuseppe Marsocci said.
Iran’s foreign minister says Tehran ready for ‘doomsday’ war with U.S., but leaves diplomacy on the table
Iran’s foreign minister says talks are the only way to break the deadlock, while its navy says it’s analyzing data from a captured U.S. underwater drone.
Wall Street money takes back over from small investors as driving force of the stock market
One firm sees a “reasonably constructive signal for risk appetite” among institutional investors.
This key part of the stock market could be headed for a meaningful breakout
The Technology Select SPDR (XLK) has an opportunity to turn a bounce into a more meaningful breakout, says Frank Cappelleri.
Debt-hungry AI companies face increased risk as bond yields spike
The AI infrastructure buildout shows no sign of slowing, but the surge in Treasury yields means it’s at least going to cost more.
Trump says men arrested at UK air base used by U.S. forces were looking to do ‘big damage’
British counterterrorism detectives said police received a call about three suspicious vehicles that appeared to be traveling towards RAF Fairford early Sunday.
