Business

Big Bank Earnings, June Inflation, Retail Sales Data

Big Bank Earnings, June Inflation, Retail Sales Data

Key Takeaways Earnings updates from several top financial institutions are scheduled, including JPMorgan Chase, Wells Fargo, Morgan Stanley, and Goldman Sachs. Investors also will be watching for earnings from TSMC, Netflix, Johnson & Johnson, and Novartis. Consumer Price Index inflation and U.S. retail sales data for June also will be analyzed, along with updates on the housing market.  Federal Reserve officials …

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Solana prepares for a launch to $185: Can it happen?

Solana prepares for a launch to 5: Can it happen?

Key Takeaways Solana’s Cup and handle formation signals breakout potential toward $185 and $220. Short liquidations and exchange outflows support a bullish continuation structure. Solana [SOL] is currently retesting its breakout zone around $157 after breaking above an ascending trendline earlier this week.  The price action aligns with the 1.618 Fibonacci extension near $178, suggesting bulls are preparing for a potential …

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XAI Pressed Staff to Install Surveillance Software on Personal Laptops

XAI Pressed Staff to Install Surveillance Software on Personal Laptops

Elon Musk’s xAI told workers to download employee tracking software on their personal computers, prompting privacy concerns — and one worker’s apparent resignation. The AI startup told the tutors who train its Grok chatbot earlier this month that they would be expected to download a workforce management system called Hubstaff, according to a document viewed by Business Insider. The tutors …

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30 Infuriatingly Entitled Main Characters From June

30 Infuriatingly Entitled Main Characters From June

30 Infuriatingly Entitled Main Characters From June 1. These tourists, who forgot that people actually live in Greece: 2. This mom, who thought this was okay to do at a movie theater: 3. These people, who decided the sign didn’t apply to them: 4. This woman, who clearly wanted attention: 5. These adults, who kicked children off a public court: …

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JPMorgan’s top short ideas for the second half including Tesla

JPMorgan’s top short ideas for the second half including Tesla

Tesla and Moderna are among the stocks JPMorgan advises to sell short heading into the second half of the year. Investors have been largely pushing past the threat of ongoing tariffs placed by the Trump administration on U.S. trading partners. The S & P 500 and tech-heavy Nasdaq Composite each hit a fresh high on Thursday, illustrating how far the …

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Does ChatGPT Believe Recession Is Imminent?

Does ChatGPT Believe Recession Is Imminent?

DNY59 / Getty Images Commitment to Our Readers GOBankingRates’ editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services – our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology. 20 YearsHelping You Live Richer …

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Nvidia CEO to hold media briefing in Beijing on July 16 – Reuters

Nvidia CEO to hold media briefing in Beijing on July 16  Reuters Nvidia’s Huang Says China’s Military Unlikely to Use US AI Chips  Bloomberg U.S. senators warn Nvidia CEO Huang about his upcoming China trip  CNBC Nvidia CEO Jensen Huang meets Trump at White House as chipmaker hits $4 trillion milestone  Times of India Nvidia CEO China trip alarms senators  The Hill Source link

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Tim Cook Isn’t Going Anywhere Soon, But an Apple Shake-Up Looms – Bloomberg

Tim Cook Isn’t Going Anywhere Soon, But an Apple Shake-Up Looms  Bloomberg Apple CEO Tim Cook has created more shareholder value than Steve Jobs. But suddenly his weaknesses are on display in the AI era  Fortune Tim Cook won’t get fired by Apple’s board of directors — and is likely to be chairman soon  AppleInsider Change your CEO, Tim Cook has operational expertise, …

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Trump could potentially fire Powell over Fed renovations, Hassett says – Axios

Trump could potentially fire Powell over Fed renovations, Hassett says  Axios Fed Defends Powell Amid Trump’s Criticism of Central Bank Renovations  The New York Times Exclusive | Two Kevins Battle to Be Next Fed Chair in Trump’s Apprentice-Style Contest  The Wall Street Journal Pimco Bond Chief Says Trump Will Make Orthodox Choice for Fed Chief  Bloomberg Trump’s next Fed chair pick already comes with …

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Bernie Sanders Reveals the AI ‘Doomsday Scenario’ That Worries Top Experts

Bernie Sanders Reveals the AI ‘Doomsday Scenario’ That Worries Top Experts

Artificial intelligence promises a future of unprecedented productivity and wealth, but for Senator Bernie Sanders, the crucial question isn’t if the technology will change the world, but who will benefit from that change. As a lifelong champion for workers’ rights, Sanders sees the rapid advancement of AI not just as a technological revolution, but as the next major battleground in …

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