US President Donald Trump speaks before signing an executive order calling for more research and flexibility on vaccines, in the Oval Office of the White House in Washington, DC, on August 10, 2026. Jim Watson | Afp | Getty Images President Donald Trump said Monday the U.S. Navy had swept the Strait of Hormuz clear…
In a move to increase its focus on core operations, Boeing is selling three of its subsidiaries to Archer Aviation in exchange for a stake in the startup that focuses on electric vertical take-off and landing aircraft, known as eVTOLs for short. Boeing’s stake in Archer will amount to 19.75% of Class A shares of…
Jonathan Raa | Nurphoto | Getty Images Cybersecurity stocks CrowdStrike and Palo Alto Networks jumped more than 5% to new highs on Monday on renewed demand for artificial intelligence security tools following the industry’s annual Black Hat conference in Las Vegas. “The single most consistent theme across our conversations — partners, vendors, and customers alike…
People walk by a giant Spiderman inflatable installation at the south courtyard plaza of Shuncheng Shopping Center on August 2, 2026 in Kunming, Yunnan province, China. Vcg | Visual China Group | Getty Images Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a snapshot…
Trump Media & Technology Group on Monday reported a net loss of more than $238 million for its fiscal second quarter on revenue of less than $2 million. That loss, which dwarfed the almost $20 million it lost in the same period last year, was primarily due to declines in non-cash assets, including more than…
President Donald Trump speaks with the new chairman of the Federal Reserve, Kevin Warsh, after a swearing-in ceremony in the East Room of the White House, in Washington, May 22, 2026. Anna Moneymaker | Getty Images President Donald Trump spoke recently to Federal Reserve Chairman Kevin Warsh, the president said Monday. The Wall Street Journal…
NVIDIA Corp. CEO Jensen Huang speaks during a joint press conference with representatives of Fujitsu Ltd., FANUC Corp. YASKAWA Electric Corp. and Kawasaki Heavy Industries Ltd. on July 16, 2026, in Tokyo, Japan. Tomohiro Ohsumi | Getty Images Nvidia is attempting to turn its artificial intelligence chips into Wall Street’s newest asset class, partnering with…
US Secretary of Health and Human Services Robert F. Kennedy Jr. (R) looks on as President Donald Trump speaks before signing an executive order calling for more research and flexibility on vaccines, in the Oval Office of the White House in Washington, DC, on August 10, 2026. Jim Watson | Afp | Getty Images President…
Jefferies on Monday downgraded Apple. Edison Lee, a top analyst at Jefferies known for frequent ratings and price target changes, cut the stock to a sell-equivalent from hold. He also lowered his Apple price target to $263.66 per share from $285.56, implying nearly 16% downside from Friday’s close. Lee cited supply chain checks showing that…
In an aerial view, the Strategic Petroleum Reserve storage at the Bryan Mound site is seen on October 19, 2022 in Freeport, Texas. Brandon Bell | Getty Images Crude oil stocks in the U.S. Strategic Petroleum Reserve have fallen below 300 million barrels, the lowest level in more than four decades, as global inventories are…
