Business

Tesla Drops 9% After Earnings Miss; Trump Offers Surprise Support for Musk

Tesla Drops 9% After Earnings Miss; Trump Offers Surprise Support for Musk

Tesla (TSLA, Financials) tumbled 9% Thursday after weak quarterly results and cautious comments from CEO Elon Musk but President Donald Trump took to social media to offer unexpected public support for the company. I want Elon, and all businesses within our Country, to THRIVE, Trump posted on Truth Social. The statement marked a notable shift in tone following a recent …

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Meta will no longer accept political, election or issue ads in EU – Axios

Meta will no longer accept political, election or issue ads in EU  Axios Meta to halt political advertising in EU from October, blames EU rules  Reuters Meta will cease political ads in European Union by fall, blaming bloc’s new rules  AP News Ending Political, Electoral and Social Issue Advertising in the EU in Response to Incoming European Regulation  Meta Store Meta to pull political …

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Federal Reserve renovation; Israel-Hamas ceasefire : NPR

Federal Reserve renovation; Israel-Hamas ceasefire : NPR

Good morning. You’re reading the Up First newsletter. Subscribe here to get it delivered to your inbox, and listen to the Up First podcast for all the news you need to start your day. Today’s top stories President Trump yesterday toured the ongoing renovation project at the Federal Reserve headquarters with Fed Chairman Jerome Powell. The construction cost has soared from $1.9 billion to …

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Elon Musk's Starlink network suffers rare global outage – Reuters

Elon Musk’s Starlink network suffers rare global outage  Reuters Ukrainian military affected by overnight Starlink system outage – Europe live  The Guardian Musk’s Starlink hit with hours-long outage after rollout of T-Mobile satellite service  CNBC SpaceX’s Starlink Says Network Restored After Outage  Bloomberg Is Starlink down? Tens of thousands of users report outages  USA Today Source link

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Pinnacle, Synovus Stocks Fall. The Banks Reach $8.6 Billion Deal to Merge. – Barron's

Pinnacle, Synovus Stocks Fall. The Banks Reach $8.6 Billion Deal to Merge.  Barron’s Pinnacle Financial Partners, Synovus announce $8.6bn merger  Yahoo Finance Pinnacle Financial Partners, Synovus Financial to merge in $8.6 billion deal  Reuters Pinnacle, Synovus to merge; deal would create $116B bank  American Banker Pinnacle Agrees to Buy Synovus in $8.6 Billion Stock Deal  Bloomberg Source link

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Russia Again Cuts Interest Rates as Its Economy Slows – The New York Times

Russia Again Cuts Interest Rates as Its Economy Slows  The New York Times Russia’s Central Bank Cuts Key Rate Again as Economy Slows  The Wall Street Journal Russia’s Growing Economic Woes Set Stage for Deeper Key Rate Cut  Bloomberg Russian rate cuts to ease banks’ concerns over rising bad debt  Reuters Russia’s central bank speeds up rate cuts as war economy cools  Financial Times Source …

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The Man Behind a Tiny Toronto Hedge Fund That Revived Meme Mania – Bloomberg

The Man Behind a Tiny Toronto Hedge Fund That Revived Meme Mania  Bloomberg Is Opendoor Stock a Buy, Sell, or Hold in July 2025?  Yahoo Finance Opendoor shares turn negative as hyped real estate stock fails to sustain meme rally  CNBC What is Opendoor? OPEN stock price soars as housing market platform becomes the latest meme stock  Fast Company Opendoor has become the first …

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Intel, Centene, Charter, Paramount, Newmont, Deckers, Boston Beer, and More Movers – Barron's

Intel, Centene, Charter, Paramount, Newmont, Deckers, Boston Beer, and More Movers  Barron’s Stocks making the biggest moves premarket: Intel, Centene, Deckers, Paramount and more  CNBC Earnings live: Puma plunges, Deckers beats, Intel sags amid cost cuts  Yahoo Finance Stocks to Watch Friday: Intel, Centene, Paramount, Volkswagen  The Wall Street Journal Intel, Centene and Charter Communications fall premarket; Deckers rises  Investing.com Source link

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What Did Trump’s Hard-Hat Tour of the Fed Accomplish? – The New York Times

What Did Trump’s Hard-Hat Tour of the Fed Accomplish?  The New York Times What Powell is telling allies as Trump pressures him to resign  CNN Trump clashes with Powell over Fed renovations during unusual visit, says he’d ‘love’ lower interest rates  Yahoo Finance 5 takeaways from Trump’s visit to the Federal Reserve  The Hill Trump says he believes Powell is ready to start lowering …

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