Reported 6 days ago
On July 2, 2025, as Wall Street hits new record highs fueled by tech stocks and a U.S.-Vietnam trade deal, investors are bracing for the crucial June jobs report. With uncertainty after weak private payroll data and an expected addition of 110,000 jobs, a disappointing report could escalate expectations for interest rate cuts. This comes amidst a backdrop of fiscal concerns and potential new tariffs, with U.S. markets poised for early closures ahead of the Independence Day holiday.
Source: YAHOO
Reported 6 days ago
Brazil's Embraer announced the delivery of 61 aircraft in Q2 2025, marking a 30% increase from the same period last year, including 19 commercial jets and 38 executive jets, the latter reflecting a 41% rise. The company anticipates delivering between 77 and 85 commercial planes and 145 to 155 executive jets throughout the year.
Source: YAHOO
Reported 6 days ago
Healthcare insurer stocks like UnitedHealth and Centene fell sharply following news of significant Medicaid cuts in a recent Senate proposal. In contrast, Apple was upgraded to 'Hold' by Jefferies, citing anticipated growth in iPhone sales and a more favorable outlook for the upcoming quarter.
Source: YAHOO
Reported 6 days ago
美国证券交易委员会（SEC）与SolarWinds公司及其首席安全官达成初步协议，以结束与俄罗斯相关的网络攻击诉讼。双方请求法官暂停诉讼程序，以便最终敲定和解文件，法官同意了这一请求。SEC曾指控SolarWinds及其高管隐瞒安全漏洞而欺诈投资者，但法官表示这些指控基于“事后的推测”。双方计划于9月12日提交和解文件或 совместный статус报告。
Source: YAHOO
Reported 6 days ago
OpenAI announced it has not partnered with Robinhood regarding stock tokens, despite Robinhood's recent promotion that included tokens for eligible EU users. OpenAI clarified it does not endorse the tokens and was not involved in the offering, while Robinhood described the stock token giveaway as a 'limited' offer linked to its involvement in a special purpose vehicle.
Source: YAHOO
Reported 6 days ago
BlackRock Investment Institute advocates for investing in US stocks, citing their potential for stronger earnings due to advancements in artificial intelligence, despite a brief underperformance compared to European equities this year. Michael Pyle emphasizes the unique strength and innovation of the US corporate sector. In contrast, they suggest European debt for higher yields but find US Treasuries less attractive given rising inflation concerns.
Source: YAHOO
Reported 6 days ago
Substack has significantly expanded its video capabilities, launching new tools to help publishers promote and grow their livestreams. The latest update allows creators to share clips of their live videos on Notes, with real-time performance notifications to guide content sharing on platforms like YouTube Shorts. It also automates promotional content for scheduled livestreams and offers guest invitations via email or SMS, further solidifying Substack's commitment to evolving beyond its newsletter roots.
Source: YAHOO
Reported 6 days ago
President Trump's tax bill is set to favor private student loan companies such as SoFi by limiting federal borrowing amounts for students. As federal loans become less accessible, especially for graduate and professional students, demand for private loans is anticipated to rise. Analysts expect SoFi to capture this increasing market demand, along with refinancing opportunities due to less appealing federal repayment programs.
Source: YAHOO
Reported 6 days ago
OpenAI has entered into an agreement with Oracle to rent 4.5 gigawatts of computing power from Oracle's data centers as part of its Stargate initiative. This unprecedented energy capacity, equivalent to that of several nuclear reactors, will support OpenAI's growing demands for artificial intelligence infrastructure. Oracle plans to develop multiple new data centers in various states to accommodate this demand, with the partnership expected to significantly boost both companies' cloud capacities and revenues.
Source: YAHOO
Reported 6 days ago
On July 2, 2025, US stock markets continued their upward trend, with the S&P 500 rising 0.5% to reach an all-time high. The Dow Jones Industrial Average experienced a slight decline of less than 0.1%, while the Nasdaq composite gained 0.9%. Notable gains were seen in Tesla following its delivery report and in companies like Nike after the announcement of a new trade deal with Vietnam. Investors are looking ahead to a key jobs report expected to be released on Thursday.
Source: YAHOO
Reported 6 days ago
In the chaotic first half of 2025, major hedge funds have continued to achieve gains, with notable performances such as Schonfeld’s Fundamental Equity fund rising 2.5% and Marshall Wace’s Eureka fund soaring 6% in June, recovering from earlier losses. The funds have demonstrated resilience against the backdrop of global market volatility driven by political tensions and tariffs, showcasing hedge funds' capacity to mitigate risks during turbulent times.
Source: YAHOO
Reported 6 days ago
Robinhood's stock reached an all-time high of $100 on July 2, 2025, spiking by 6% as investors speculate that it could fill an upcoming vacancy in the S&P 500 following Hewlett Packard Enterprise's acquisition of Juniper Networks. This marks a more than 35% increase over the past month, spurred by optimistic market expectations and the launch of new trading features.
Source: YAHOO
Reported 6 days ago
Ripple has applied for a national bank charter in the U.S. to improve payment processing and gain regulatory legitimacy, following similar actions by Circle. This move is part of a broader trend among crypto firms seeking clearer regulations to integrate more closely with traditional finance. Approval of Ripple's charter would allow it to bypass intermediary banks and settle payments more efficiently, and the company is also seeking access to the Federal Reserve's payment infrastructure for its stablecoin reserves.
Source: YAHOO
Reported 6 days ago
Tesla's stock surged by around 5% after the company reported higher vehicle production than anticipated in Q2, despite electric vehicle deliveries falling 13% from last year to 384,122 units. This performance came amid heightened competition and ongoing controversies regarding CEO Elon Musk’s political engagements. Tesla also faced issues post-launch of its robotaxi service, which has drawn both interest and scrutiny.
Source: YAHOO
Reported 6 days ago
President Trump's forthcoming fiscal bill could offer significant economic stimulus, potentially enhancing growth by up to 0.8% by 2026, despite facing hurdles in Congress. Financial expert Michael Reynolds explains that while markets are optimistic, the specifics of the bill may not be crucial to its overall impact. He also notes that the Treasury market is likely to remain stable, and the proposed trade deal with Vietnam hints at more manageable tariffs. Furthermore, the dollar has experienced notable weakness, which may continue, influencing investment strategies.
Source: YAHOO
Reported 6 days ago
Merit Street Media, founded by Dr. Phil McGraw, has filed for bankruptcy in Texas, reporting assets and liabilities between $100 million and $500 million. The company is suing its broadcast partner, Trinity Broadcasting Network, for not fulfilling distribution agreements, which has led to significant financial obligations. Amid restructuring efforts, Merit Street has received financial support to aid its Chapter 11 process.
Source: YAHOO
Reported 6 days ago
Google's CEO of DeepMind, Demis Hassabis, hinted that the company's new video-generating model, Veo 3, could potentially lead to the creation of playable world models for video games. While still in its early stages, Veo 3 currently generates realistic video and audio but isn't yet interactive. However, with future developments and existing projects like Gemini 2.5 Pro and Genie 2, Google may be gearing up to consider hybrid approaches for video game production that could redefine gaming experiences. Industry competitors will need to stay alert as Google enters this space.
Source: YAHOO
Reported 6 days ago
Figma, a cloud-based design platform, has submitted its application to go public, potentially marking one of the largest initial public offerings of the year, as discussed by Bloomberg's Katie Roof.
Source: YAHOO
Reported 6 days ago
At TechCrunch All Stage 2025, Dr. David H. Rosmarin will lead a session focusing on transforming anxiety into an advantage for startup founders. Instead of viewing anxiety as a hindrance, Rosmarin will share strategies to leverage it positively, creating clarity and action in high-pressure environments. Attendees can benefit from discounted ticket prices, making this session an invaluable resource for startup leaders looking to redefine their approach to fear and pressure.
Source: YAHOO
Reported 6 days ago
The upcoming June jobs report is expected to reveal a slowdown in hiring, with projections indicating nonfarm payrolls rising by 110,000 and the unemployment rate increasing to 4.3%. This release comes amid ongoing scrutiny of the US labor market and speculation regarding possible interest rate cuts by the Federal Reserve, as recent data suggests cooling conditions in job growth.
Source: YAHOO
Reported 6 days ago
Lovable, a rapidly growing AI startup from Sweden, aims to raise over $150 million at a valuation nearing $2 billion, as reported by the Financial Times. This fundraising follows a previous $15 million round earlier this year and marks a significant progression for the company, which specializes in building web applications from text prompts. Lovable's recent announcement includes a beta version of an AI agent for automating coding tasks, signaling a shift in their business model to a usage-based pricing strategy, which could attract investors' interest.
Source: YAHOO
Reported 6 days ago
Oil prices increased in light pre-holiday trading after President Trump announced a trade deal with Vietnam that eliminated import tariffs on US goods. West Texas Intermediate rose 3.1% to over $67 a barrel, reflecting optimism in the market despite a significant increase in US crude inventories. This positive movement comes ahead of an OPEC+ meeting and other economic reports expected in the coming days.
Source: YAHOO
Reported 6 days ago
Alpha and Omega Semiconductor (AOS) has reached a settlement with the U.S. Department of Commerce, agreeing to pay $4.25 million for unauthorized shipments to Huawei Technologies, which violated export regulations. The violations occurred in 2019 when AOS sent 1,650 power controllers and related accessories to Huawei, despite it being added to a restricted trade list. The settlement concludes a lengthy investigation into AOS's dealings with Huawei and does not affect its ongoing business operations.
Source: YAHOO
Reported 6 days ago
Tim Gunn, renowned mentor from 'Project Runway,' shares his journey from being a 'pauper educator' to a successful TV icon. He candidly explains how his dedication to teaching often left him living paycheck to paycheck, and how he initially worked on 'Project Runway' without pay. Despite his financial challenges, Gunn emphasizes the importance of financial discipline, seeking help, and understanding one's worth. He encourages young designers and others facing financial struggles to live within their means while pursuing their passions.
Source: YAHOO
Reported 6 days ago
DHL has made significant changes to its leadership team in the Americas, appointing Michael Young as the new CEO for DHL Global Forwarding USA, while Scott Ashbaugh takes over as CEO for DHL eCommerce Americas. Young, bringing over 30 years of experience, replaces Robert Reiter, who is leaving for new opportunities. Ashbaugh, who has 16 years at DHL, succeeds Lee Spratt as the company continues to expand in the critical e-commerce market. Additionally, Mark Kunar has been promoted to CEO of DHL Supply Chain North America, focusing on integrating acquired businesses.
Source: YAHOO