Dow Jones Futures: Growth Ignores Rising Yields, But Trump Rejects Iran Deal; Micron, SpaceX and Tesla Eye Buying Points
Dow Jones futures will open Sunday evening, along with S&P 500 and Nasdaq futures. President Donald Trump said he rejected Iran’s offer to reopen the Strait of Hormuz. Micron Technology earnings, the SpaceX spaceship launch and several Tesla…
Jim Ukrop, former CEO of Ukrop Supermarkets and Richmond civic leader, dies at 89
RICHMOND, Va. — James “Jim” Ukrop, the former CEO of Ukrop’s Supermarkets whose family-owned grocery stores were a staple of the Richmond community for generations, has died, prompting an outpouring of tributes from city and state…
Walmart chief rules out personalized pricing as AI transforms retail
Unlock Editor’s Digest for free Roula Khalaf, editor-in-chief of the FT, selects her favorite stories in this weekly newsletter. Walmart has issued a rare public letter promising not to use personal data to fix customer prices, as the U.S. retail…
Audemars Piguet and Royal Pop defy luxury watch crisis and tariffs
Luxury watchmaker Audemars Piguet says its sales and engagement are breaking records after its risky and eye-catching Royal Pop and Swatch collaboration earlier this year, according to the company’s CEO. Audemars Piguet teamed up with Swatch in May…
The value of old supertankers exceeds that of new builds as the market goes “banana”
Unlock Editor’s Digest for free Roula Khalaf, editor-in-chief of the FT, selects her favorite stories in this weekly newsletter. The value of older supertankers has surpassed new ships for the first time according to brokers’ records, as…
Stock Market Today: Dow Leads the Charge Amid U.S.-Iran Peace Talks
Stocks ended on a positive note Friday as investors looked beyond rising Treasury yields to help the three major indexes finish near session highs. Oil fell on hopes of a peaceful resolution to the Middle East conflict. And Micron Technology (MU) rose…
Tesla Semi deliveries begin with PepsiCo and DHL as first customers
Yardeni Research President Ed Yardeni joins the panel to discuss how higher yields are weighing on stocks. He analyzes the performance of the Magnificent 7 against the S&P 500 and explains the outlook for the technology and communications sectors.…
BREAKING: Number of incidents linked to AI agents rises to tens of thousands
No, it wasn’t just Hugging Face. It wasn’t just that and a German website. It wasn’t even the “dozens” we heard about the other day from OpenAI. It’s actually (at least) *tens of thousands*, for a new scoop from…
Appeals court rules that states can regulate sports prediction markets
The 6th U.S. Circuit Court of Appeals ruled Friday that states have the right to regulate contracts for sporting events on prediction market platforms, marking a second major legal defeat for the industry as a fight looms before the U.S. Supreme Court.…
New Mexico jury finds Facebook liable for misleading users about privacy
A New Mexico jury said Friday that Facebook was responsible for misleading users about privacy on the platform, in the latest legal setback against the social media giant that has already cost it billions of dollars. The jury found more than 43 million…