MarketWatch
Ford leans on pickup trucks and other traditionally powered vehicles to limit sales decline.
Bloomberg Markets
United Parcel Service CEO Carol Tomé says the Amazon glide down "is behind us." The shipping company has been delivering fewer low-margin packages for Amazon. UPS shares fell after its outlook for volume and profit margins underwhelmed investors. Tomé speaks on "Bloomberg The Close." (Source: Bloomberg)
MarketWatch
“My worry is that one of his kids from his other marriage or one of his siblings will pop up and say they deserve his assets.”
Bloomberg Markets
NYU Stern Kerschner Family Chair in Finance Education Aswath Damodaran discusses the AI investment cycle and says smaller companies like CoreWeave are in ‘danger territory’ when it comes to debt, but does not see a concern for larger companies. He speaks with Emily Graffeo and Romaine Bostick on ‘The Close.’ (Source: Bloomberg)
MarketWatch
Loadings at a Mediterranean port have picked up as Saudi Arabia races to offer its oil to buyers through a lengthier — and more expensive — backdoor.
Bloomberg Markets
Tejpaul Bhatia, the CEO of Nebex, said that his company, which is aimed at building a financial operating system for the space industry, saw an economic gap in the growth of space travel as more money is put into the growth of the commercial space industry. Bhatia compared the potential of a space economy to the role of American Express and Wells Fargo at the beginning of the railroad industry. (Source: Bloomberg)
Bloomberg Markets
Barnes & Noble CEO James Daunt discusses the company's strategy, demand for physical books and the potential for an initial public offering with Romaine Bostick and Emily Graffeo on "Bloomberg The Close." (Source: Bloomberg)
MarketWatch
Geopolitical and valuation concerns are weighing down Palantir shares, while other software stocks ride a wave of rotation out of semiconductors.
Bloomberg Markets
On the eve of the Federal Reserve’s policy decision, bond traders are on edge. While most expect policymakers to leave interest rates unchanged, prominent voices across Wall Street are putting their weight behind a hike in just the second meeting run by new Chairman Kevin Warsh.
Bloomberg Markets
Meredith Whitney, the former bank analyst who rose to fame for a 2007 report ahead of the global financial crisis, warned that a US “reckoning” is coming in the fourth quarter as one-time economic boosts from the World Cup and residual fiscal spending fade.
Yahoo Finance
Bloomberg Markets
Larry Ellison and his family would be on the hook for $9.8 billion if Paramount Skydance Corp.’s deal to buy Warner Bros. Discovery Inc. falls apart.
MarketWatch
Coca-Cola’s stock is bucking consumer weakness as it heads toward a record high.
NY Times Business
Gibson Dunn’s hiring of the seasoned litigator William Savitt highlights the fierce competition for top lawyers across Wall Street.
NY Times Business
Gibson Dunn’s hiring of the seasoned litigator William Savitt highlights the fierce competition for top lawyers across Wall Street.
MarketWatch
Think bond funds are safer than stocks right now? Stocks actually look like the smarter bet.
MarketWatch
The U.S. Agriculture Department will allow cattle imports from Mexico to resume beginning in late August, despite the threat of the New World screwworm.
Yahoo Finance
Yahoo Finance