Tehran's Hormuz threat risks global fallout, Rubio warns as U.S. strikes Iran for 11th straight night
His comments come as U.S. Central Command hit Iranian targets for an 11th straight night.
Trump's push for American-made AI chips hits TSMC's margins
The Taiwan-based chipmaker has announced $200 billion in investment into U.S. manufacturing since Trump returned to power in 2025.
Wistron shares surge in Taiwan after opening of Texas AI superchip plant to supply Nvidia
Taiwan’s Wistron Corporation opens first U.S. facility in Fort Worth, Texas.
Zelenskyy ousts Ukraine’s army chief as protests expose wartime power struggle
The reshuffle comes after almost a week of nationwide unrest and represents one of the biggest political crises since Russia's full-scale invasion in 2022.
Trump plans generic drug tariffs from 2028 with two-year delay testing U.S. onshoring push
The latest tariff salvo underscored Trump's goal of reshoring low-cost drug production, but displacing established suppliers like India won't be easy.
Nike to cut off thousands of online distributors in China, restructure digital footprint
Nike is streamlining its online business in China as the company looks to stabilize pricing and branding and get back to growth.
Super Micro surges 15% on new order and margin disclosure after SpaceX announcement
Many server makers are seeing faster growth as companies race to deploy artificial intelligence servers.
Wall Street can wait: Why one U.S. biotech firm is listing in Hong Kong first
Global biotech firms are increasingly being drawn to Hong Kong for its growing investor base and proximity to Chinese pharmaceutical partners.
Goldman Sachs creates private markets platform as rich investors seek the next SpaceX and Stripe
Goldman Sachs is launching a new alternative investments platform aimed at giving wealthy clients and family offices direct stakes in private companies.
These Japanese AI winners don’t make chips. They make toilets, glass fiber and seasoning
A toilet maker, a glass fiber manufacturer and the maker of MSG have in Japan have become major beneficiaries of the AI boom.
Jamie Dimon says markets underestimate risks and he wouldn't buy stocks or Treasurys at current prices
Comments from JPMorgan Chase CEO Jamie Dimon contrast with investors' recent willingness to look past wars, tariffs and other shocks.
OpenAI appoints two new members to board of directors
OpenAI appointed longtime financial executives David Vélez and Robin Vince to its nonprofit and for-profit boards.
Sony’s 'ironic' PlayStation disc decision upends gamer conventions and threatens a $7 billion resale market
In 2013, Sony tweaked Xbox by showing how easy it was to share a PlayStation disc. Now, gamers say Sony has become exactly what it mocked.
The Fed rang the alarm about Anthropic's Mythos AI model — but had to go months without it
The central bank didn't have access to Claude Mythos Preview as of mid-July, even as other institutions were racing to patch their vulnerabilities.
Capital One earnings were good enough but didn't answer the big question hanging over the stock
Investors want to know when Capital One will begin to see more tangible benefits from its Discover and Brex deals.
Apple prepares a new way to buy iPhones. Plus, making sense of Google's new AI models
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Japan exports and imports in June grow at fastest pace since November 2022, beating estimates
Exports climbed 19.3%, while imports spiked 25.4% compared to June last year.
India steps up energy shift as costs and tariff pressures mount — oil blending push sparks backlash
India is banking on alternative fuels as it prioritizes energy security amid high oil prices and supply constraints.
The FDA made a big reversal in its cyclosporiasis probe, but it still thinks iceberg lettuce is to blame
The FDA's investigation into the source of the cyclosporiasis outbreak is causing confusion as companies and consumers alike navigate new updates.
GM announces new gas-powered Cadillac vehicles amid EV pullback
GM CEO Mary Barra said Tuesday the next-generation Cadillacs will include new versions of the CT5 sedan, XT5 midsize SUV and discontinued three-row XT6 SUV.
IRS chief Frank Bisignano dismisses JPMorgan spying allegations
Bisignano denied allegations The Wall Street Journal reported that he surveilled his colleagues while working at JPMorgan more than a decade ago.
Prediction markets and their opponents are spending more to influence Congress in 2026
Kalshi and groups representing the casino and gaming industry and online sports betting apps, all have boosted their lobbying spending in 2026.
RFK Jr. says cyclospora outbreak is 'under control'
Health and Human Services Secretary Robert F. Kennedy Jr. on Tuesday said that the ongoing outbreak of cyclosporiasis is "under control."
Mamdani says New York lacks authority to arrest Netanyahu, calls him ‘war criminal’
Israel's prime minister, Benjamin Netanyahu, is the target of an arrest warrant issued by the International Criminal Court related to the war on Gaza.