Business

This week, Nvidia became the first company in history to be worth $4 trillion. It’s a number so large it’s almost meaningless, more than the entire economy of Germany or the United Kingdom. While Wall Street celebrates, the question for everyone else is simple: So what? The answer, according to Nvidia’s CEO Jensen Huang, is that this is not just …

US Futures Drop as Trump Steps Up Tariff Threats: Markets Wrap  Bloomberg.com Dow futures sink as Trump keeps pushing tariffs while White House suggests Powell’s job could be at risk  Fortune Dow Futures Fall 200 Points After Trump’s Tariff Threats  Barron’s Why the near-record high stock market has taken Trump’s renewed tariff blitz in stride  CNBC Why Wall Street is brushing off Trump’s escalating …

Hassett says White House probing Fed renovation costs, authority to fire Powell  Reuters Trump ‘certainly’ can fire Fed chair Powell ‘if there’s cause’: Hassett  CNBC White House Seizes on Fed Renovations as Opening to Oust Powell  The Wall Street Journal Risk of Powell ouster is underpriced, Deutsche Bank strategist says  Fortune ‘Huge deal’: White House probe fuels speculation Trump could oust Powell  Politico Source link

Homes Are Flooding Onto the Market in Las Vegas as Retirees Flee the City and Investors Cash Out  Realtor.com More homes for sale, but fewer are selling: We break down the latest Las Vegas housing report  ktnv.com Las Vegas Struggles With A Record $7 Billion Worth Of Homes On The Market  Yahoo Finance Las Vegas home prices at all-time high in June; report …

CNN  —  A typical 401(k) plan only offers stock and bond funds that invest in publicly traded companies. But private companies — traditionally the domain of institutional and high-net-worth investors — have become a significant part of the overall investing market. Do they belong as an option in workplace retirement plans, given that they are often more expensive and less …

The Fashion Must-Have at ‘Billionaire Summer Camp’: A Humble Baseball Cap  The Wall Street Journal Tech, stars and media leaders gather at annual Sun Valley Conference  KTVB Bay Area tech CEOs seen arriving at ‘summer camp for billionaires’  SFGATE See the Sun Valley swag that billionaires and CEOs got this year  Business Insider Sun Valley’s Media Lockdown Is Forcing Reporters to Go Gonzo  Vanity Fair …

China Biotech’s Stunning Advance Is Changing the World’s Drug Pipeline  Bloomberg China’s Biotechs Were The Small-Cap Rising Stars In H1 2025  insights.citeline.com China’s Biotech Sector Surpasses EU in Innovation  Sharecafe Watch Post-Hoc Live: Is China a threat or investment opportunity for the US?  Endpoints News As Chinese-developed drugs draw U.S. interest, a regulatory chill threatens to dampen new investment  STAT Source link

Just a day after the xAI team issued a comprehensive apology and explanation about why its chatbot was spreading antisemitic rhetoric, Tesla updated its software for its cars to include the supposedly fixed Grok. According to Tesla, all new vehicles delivered on or after July 12 will have Grok available in-car. There’s no additional subscription cost, but Tesla is limiting …

According to CoinDesk Data price information, at 2:20 p.m. UTC on Sunday, the bitcoin price set a new all-time high of $119,308, up 1.4% in the past 24-hour period. The new high in bitcoin price comes as President Donald Trump said late Friday on Truth Social that the U.S. will impose 30% tariffs against imports from the EU and Mexico …

Google just dealt OpenAI a major blow by scuttling a potential $3 billion deal, and in doing so, solidified a rising trend in Silicon Valley’s AI arms race: the “non-acquisition acquisition.” Google announced on July 11 that it poached key talent from the rapidly rising AI startup Windsurf, which until then had a reported $3 billion acquisition deal with OpenAI …