Insights, Analysis, and Perspective on Wall Street.
The Senate voted down a resolution that would have limited military action against Iran, after Sen. John Fetterman crossed party lines to vote with Republicans, leaving the administration’s current authority unchanged.
Trump announced an agreement for Hamas to fully disarm and for Israel to withdraw troops from Gaza, building on last year’s ceasefire — though major questions remain about how the deal would actually be implemented.
Amazon CEO Andy Jassy says the company will spend $220 billion on AI infrastructure this year and still won’t have enough capacity to meet demand, as capex becomes the most closely watched number in Big Tech earnings.
Amazon stock jumped as much as 13% on blowout Q2 results while Apple slid on weak China and Services numbers, as South Korea’s KOSPI surged 18% in an unprecedented single-day rally led by SK Hynix.
A rate pause and a rate cut send very different signals to markets. Here’s the difference and what each one usually means for your portfolio.
Crude oil is on pace for its biggest monthly surge since March, up roughly 21% in July, as the US-Iran war and a stalled Strait of Hormuz standoff strain global supply — even as prices dipped slightly Thursday.
Amazon agreed to a $2.5 billion settlement over its Prime membership practices. Here’s what the settlement covers, who may be eligible, and how to check for a refund.
SpaceX has won $1.6 billion in orders from the US Space Force to launch 18 Falcon 9 missions through 2027, carrying Pentagon satellites for detecting and tracking airborne threats.
The US and Saudi Arabia struck Iran-backed militias in Iraq after days of drone attacks on American forces and Saudi oil facilities, sending oil prices higher and prompting warnings of further escalation.
Nike, once the top-selling sneaker brand in China, has seen sales in the country fall roughly 30% as domestic competitors take market share. Here’s what’s driving the decline.
