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- US and Iran trade attacks, marking first major military escalation in a month
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- Bessent reportedly tells Russia no economic relief until Ukraine war ends as Europe snubs Moscow at G20
Business & Finance
U.S. Treasury Secretary Scott Bessent reportedly told Russian Finance Minister Anton Siluanov that no sanctions relief or new agreements with Moscow were possible, as long as the war in Ukraine continues
US stocks declined on Monday after the US attacked Iran for the first time in weeks, fueling a rise in oil prices and increased bets that the Federal Reserve would raise interest rates at its September meeting
Of late, Micheal Burry has been skeptical on the developments in the technology sector. Recently, Burry disclosed short positions in Oracle (ORCL) and Nebius Group (NBIS) citing “rising leverage risks linked to off-balance-sheet commitments across the technology and cloud sectors.”
President of the International Monetary Fund Kristalina Georgieva, right, and Argentina Economy Minister Luis Caputo pose for a photo as they arrive at the Economy Ministry for a meeting in Buenos Aires, Argentina, Monday, July 27, 2026. /Gustavo Garello)
Wall Street is overwhelmingly bullish on the stocks in this article, with price targets suggesting significant upside potential. However, it’s worth remembering that analysts rarely issue sell ratings, partly because their firms often seek other business from the same companies they cover
Cracker Barrel’s chief executive is quitting a year after the company faced a widespread backlash over its controversial rebrand
What happened: Nvidia (NVDA) stock tumbled nearly 5% on Monday, weighing on the rest of the chip sector. As a result of the pullback, Apple (AAPL) surpassed Nvidia as the world’s most valuable public company
HONG KONG (AP) — South Korea’s Kospi index plunged more than 10% on Tuesday on heavy selling of chipmaking stocks that have gyrated recently due to concerns over the sustainability of the boom in artificial intelligence
Shares of healthcare company Baxter International (NYSE:BAX) jumped 3.6% in the afternoon session after TD Cowen raised its price target on the stock to $24 from $20. The firm maintained its hold rating on the shares, which suggests the analyst recommends neither buying nor selling the stock at its current price. However, the increased price…
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Microsoft is eliminating 4,800 jobs, representing 2.1% of its workforce, with the company’s Xbox division losing about one-fifth of its staff in the software giant’s latest effort to cut costs in the era of artificial intelligence
If investors are getting nervous about how fast tech stocks have risen this year, they aren’t really showing it
Traders work on the floor of the New York Stock Exchange during morning trading on July 01, 2026 in New York City. Michael M. Santiago | Getty Images
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