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CoreWeave's $6 Billion AI Bet Boosts Core Scientific Shares Ahead Of $9 Billion Merger Deal
2025 Jul 15, 12:07pm | 478Core Scientific (NASDAQ:CORZ) gained on Tuesday in solidarity with CoreWeave (NASDAQ:CRWV) after the latter announced plans to invest up to $6 billion in building an AI data center in Lancaster, Pennsylvania. Initially sized at 100 megawatts and expandable to 300 MW, the facility...
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This House of Representative Just Bought Up To $30K In 3M Stock
2025 Jul 15, 11:00am | 587A report on July 14, 2025 shows that Representative Julie Johnson from Texas purchase stock in 3M (NYSE:MMM), valued between $2,002 and $30,000. According to the July filing, the transaction occurred on June 18, 2025. At the time of writing, 3M shares are trading down 0.02% at $157.88. What...
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A Congress Member Sold Up To $590K In Apple Stock: Here's What You Need To Know
2025 Jul 15, 11:00am | 589Records from July 14, 2025 indicate that Representative Scott Franklin of Florida made a sale of Apple (NASDAQ:AAPL), valued between $156,016 and $590,000, with the transaction dated June 16, 2025 and filed in July. As of now, Apple shares are trading up 0.63% at $209.94. Representative's Recent...
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Lockheed Revives Plans For Pacific Deep Sea Mining
2025 Jul 15, 7:50am | 615Lockheed Martin (NYSE:LMT) is re-entering deep-sea mining and talking to potential partners about activating two exploration zones it holds in the lucrative Clarion-Clipperton Zone (CCZ) in the Pacific Ocean. The leading U.S. defense contractor first obtained the licenses in the early 1980s before...
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Trump's Latest Move On AI And China Propels Chip Stocks
2025 Jul 15, 7:48am | 885Artificial intelligence (AI) chip stocks, including industry giants like Nvidia (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD), and Taiwan Semiconductor Manufacturing Co. (NYSE:TSM), alongside key players such as Broadcom (NASDAQ:AVGO), Arm Holdings (NASDAQ:ARM), Marvell Technology (NASDAQ:MRVL...
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Washington Breaking The Global Economy? Economist Mohamed El-Erian Warns The US Now 'Resembles A Developing Nation'
2025 Jul 15, 3:14am | 671Prominent economist Mohamed El-Erian warns that the United States’ recent economic behavior is creating instability, not just at home, but across global markets. What Happened: In a column published in the Foreign Affairs magazine on Monday, El-Erian states unequivocally that “the...
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Trump Gets FAQ'd By Powell—No Champagne Rooms, Just Clearing Cancer Dust
2025 Jul 14, 5:02pm | 608The Federal Reserve is under fire from the Trump administration over a controversial renovation project at its Washington headquarters, which has soared past its original $2.5 billion estimate. In response, Fed Chair Jerome Powell ordered a review of the project amid growing political backlash and...
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FDA Delays Approval For Ultragenyx's Gene Therapy, But Not A Dealbreaker, Says Analyst
2025 Jul 14, 1:05pm | 548The U.S. Food and Drug Administration issued on Friday a Complete Response Letter for Ultragenyx Pharmaceutical Inc.’s (NASDAQ:RARE) Biologics License Application (BLA) for UX111 (ABO-102) AAV gene therapy for Sanfilippo syndrome type A (MPS IIIA). In the CRL, the FDA requested that the...
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Bitcoin's $123K Boom Meets Crypto Week: Blastoff Moment For MicroStrategy, Marathon Digital?
2025 Jul 14, 12:13pm | 513Bitcoin (CRYPTO: BTC) blasted through $123,000 on Monday — just as Capitol Hill kicks off Crypto Week, a rare bipartisan push to pass sweeping digital asset legislation. With the Clarity Act and stablecoin oversight bills set for a vote, investors are eyeing what could be a regulatory green light...
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Tesla And Apple Face Brand-New Wrecking Ball—Thanks To Trump
2025 Jul 14, 9:19am | 491President Donald Trump's latest salvo on trade policy has rattled markets, and auto giants like Tesla Inc. (NASDAQ:TSLA) and big tech like Apple Inc. (NASDAQ:AAPL) may bear the brunt. Trump has floated the idea of imposing 30% tariffs on imports from the European Union and Mexico, two regions that...
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RBA Shocks The Market As Lingering Inflation Blocks A Rate Cut
2025 Jul 14, 9:15am | 1012The Reserve Bank of Australia (RBA) shocked the market last week by holding rates at 3.85%. The market was pricing in a 25bps cut, implying an 88% chance. Still, after a two-day meeting, the central bank cited a cautious inflation outlook, winning the vote by six to three. “The Board judged...
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Peter Schiff Gives Trump's 30% Tariff Threat On Mexico, EU A Reality Check: America Relies On Deficits To Make Up For Excess Debt And Consumption
2025 Jul 13, 11:50pm | 547President Donald Trump’s latest threats to impose a 30% tariff on all imports from Mexico and the European Union are drawing criticism from prominent economist Peter Schiff. What Happened: On Sunday, in a post on X, Schiff warned against Trump’s justification for the move, which is to...
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Trump's Brazil Tariffs Imposed Because They Jail 'Insurrectionists,' Says Economist: 'Your Next Coffee Comes With An Insurrection Infusion Fee'
2025 Jul 13, 10:21pm | 749Economist Justin Wolfers is once again attacking President Donald Trump, this time over the latter’s 50% tariffs on imports from Brazil. What Happened: On Sunday, in a post on X, Wolfers questioned the rationale behind the latest U.S. tariffs imposed on the South American nation, calling it...
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Elon Musk Says Trump Wants Everyone To 'Stop Talking' About Epstein, Reiterates Demand That President 'Just Release The Files'
2025 Jul 13, 10:00pm | 697On Sunday, Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk criticized Donald Trump's social media post on Jeffrey Epstein files in which the president backed his Attorney General Pam Bondi amid growing backlash over a Department of Justice memo. What Happened: Taking to X, formerly Twitter, Musk responded...
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Tariff Jitters Hit Stocks, Silver Jumps To 14-Year Highs: What's Moving Markets Friday?
2025 Jul 11, 2:02pm | 1212Wall Street is poised to conclude the week on a cautious note, with equities easing on Friday after President Donald Trump signaled a more aggressive trade stance. A formal letter outlining tariff intentions is expected to be delivered to EU leaders in the coming hours, following Trump’s...