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The Latest Breaking News from the Wall Street Journal

S&P 500 and Nasdaq 100 Post Record Highs on Rate Cut Expectations

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.54%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.02%. Stock indexes Friday settled moderately higher, with the S&P 500 and Nasdaq 100 posting...

Barchart

Stock Index Futures Tread Water as Investors Await Key U.S. Jobs Report

September S&P 500 E-Mini futures (ESU24) are up +0.04%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.11% this morning as trading resumed after the Independence Day holiday, with market participants bracing for the all-important U.S. payrolls reading due later in the day.

Barchart

Reports: David Ellison Nears New Deal for Paramount

Ellison’s Skydance Media would pay $1.75B for Paramount’s holding company National Amusements

TV Tech

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Underground network smuggles Nvidia's AI GPUs into China despite US sanctions — some smugglers even sell entire servers

Chinese companies still have access to Nvidia's A100 and H100 GPUs due to smuggling.

Tom’s Hardware

Haley Encourages Trump To Ready Himself For Younger Opponent In The Wake Of Chaotic Biden Debate

Haley shared her observations of Thursday's debate, which she watched in her home state of South Carolina with her husband and friends.

International Business Times

Biden’s friends and Democrat strategists pick up pieces a day after debate questioning his performance and electability

A host of lawmakers in Biden’s own party are allegedly discussing trying to replace him before the DNC in August as other outspoken Democrats rushed to his defense

The Independent UK

‘Train wreck’ debate unites polarized networks with outlets agreeing Biden-Trump was a ‘disaster’

The outcome of Thursday night’s debate left many feeling discouraged about the president and networks united in their reactions

The Independent UK

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‘10 minutes to destroy a presidency’: how US and global media reviewed the Biden-Trump debate

Headlines echoed Democrats’ anxiety that Biden is too cognitively weak and physically frail for another term

The Guardian - US

Walgreens To Close Underperforming Stores Amid Financial Challenges, Reports Say

CEO Tim Wentworth discussed the decision in interviews with CNBC and the Wall Street Journal, attributing it to challenges like weaker consumer spending forecasts.

International Business Times

Russia starts US journalist Evan Gershkovich’s trial: What’s next for him?

The reporter was arrested in March last year on a reporting trip in Russia’s Ural Mountains city of Yekaterinburg.

Al Jazeera

Russia Puts US Journalist Evan Gershkovich On Trial

US journalist Evan Gershkovich will face the start of a closed-door trial on espionage charges in Russia on Wednesday, more than a year after he became the first Western journalist since the Soviet era to be detained on such accusations.

International Business Times

Rivian Stock Soars As Volkswagen Plans $3 Billion Stake

German automaker Volkswagen announced a $5 billion software partnership with the struggling EV maker. Rivian stock soared.

Investors Business Daily

Boeing Reportedly Makes Offer For Parts Supplier Spirit AeroSystems

Dow giant Boeing has made an offer for key supplier Spirit AeroSystems, according to reports. But it's mostly in stock.

Investors Business Daily

IBD Stock Of The Day Meta Eyes Buy Point After Report Of AI Talks With Apple

Meta stock gained in morning trading Monday following a report that Apple is in talks to use its AI models.

Investors Business Daily

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Tom’s Guide

CoPilot+ PCs won’t run various apps and games at launch — what you need to know

Various reports claim the new Samsung Galaxy Book4 Edge AI laptop can’t run a raft of security apps, certain Adobe software and various popular video games.

Barchart

S&P 500 and Nasdaq 100 Post Record Highs on Strength in AI Hardware Stocks

The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.77%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.49%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.24%. Stock indexes Monday settled moderately higher, with the S&P 500 and Nasdaq 100 posting...

Barchart

Stocks Climb, With the Nasdaq 100 Posting New Record Highs

The S&P 500 Index ($SPX ) (SPY ) today is up +0.48%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.27%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.50%. Stock indexes today are higher, with the Nasdaq 100 posting a new record high....

Barchart

Stocks Mixed on Higher Bond Yields

The S&P 500 Index ($SPX ) (SPY ) today is up +0.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.17%. Stock indexes today are mixed, with the Nasdaq 100 posting a new record high....

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Barchart

Higher Bond Yields Weigh on Technology Stocks

The S&P 500 Index ($SPX ) (SPY ) today is down -0.18%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.10%. Stock indexes today are posting moderate losses. Higher T-note yields today are undercutting chip...

Investors Business Daily

How The SEC's Latest Elon Musk Investigation Could Hit Tesla

The Wall Street Journal reported Monday that Musk waited to disclose his Twitter stake until he owned more than 9%.

Al Jazeera

Russia sets date for closed-door trial of US journalist Evan Gershkovich

Evan Gershkovich was detained in March 2023 accused of ‘spying’ on a Russian defence enterprise in Yekaterinburg.

International Business Times

US Reporter Gershkovich To Go On Trial In Russia On June 26

US journalist Evan Gershkovich will go on trial on espionage charges in Russia's Urals city of Yekaterinburg behind closed doors on June 26, the court overseeing the process said on Monday.

Fortune

For a South Korean instant noodle brand a first-of-its-kind product recall. Too spicy for Europeans

A Danish food regulator pulled three varieties of ramen because the spice levels posed a threat to “children and weak or elderly people.”

The Guardian - UK

Jailed journalist Evan Gershkovich to soon stand trial, Russian prosecutor indicates

Wall Street Journal reporter faces ‘false and baseless charge’ and ‘sham trial’, say paper’s publisher and editor in chief

International Business Times UK

Elon 'Evaluated' Women By Their Bra Size, Says Ex-SpaceX Workers In Lawsuit Vs Musk, Execs

Elon Musk faces renewed sexual misconduct claims from SpaceX employees just before Tesla shareholders vote on his massive pay package.

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