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Airlines grounded, companies experiencing outages tied to CrowdStrike issue

Major airlines grounded flights and companies globally were experiencing IT outages, believed to be caused by a CrowdStrike cybersecurity platform issue on Friday.

Trump promises ‘massive tax cuts’ and end to inflation in convention speech

Republican presidential nominee Donald Trump speaks on the final night of the Republican National Convention in Milwaukee.

Why Netflix and YouTube are miles ahead in streaming

Netflix Inc. wants Wall Street to think of it and YouTube as the top two streaming players, putting all the other streaming services in the category of also-rans.

Citadel founder Ken Griffin buys huge stegosaurus skeleton for $44.6 million

Billionaire investor Ken Griffin purchased a late-Jurassic stegosaurus skeleton for $44.6 million at Sotheby’s on Wednesday, marking the most valuable fossil ever sold at auction.

Serve Robotics stock soars after Nvidia discloses investment

Shares of Serve Robotics surged after chip giant Nvidia disclosed its investment in the company.

Here’s how stocks performed the last time a president ended a re-election bid — in 1968

S&P 500 rose after LBJ’s surprise announcement, but the market is already pricing in Biden’s withdrawal.

Homebuilder ETFs surge as investors await Fed rate cuts

Homebuilder stocks have posted a big rally, with investors expecting the industry to get a lift from potentially lower interest rates later this year.

Tesla earnings bring focus on self-driving, and a new appreciation for energy storage business

Tesla Inc. nears its earnings day with the stock firmly in the black for the year but facing concerns about its robotaxi aspirations, EV demand, and Chief Executive Elon Musk’s deeper wading into politics and divisiveness.

Dow’s rout grows as Wall Street weighs the odds of Biden leaving the White House race

Political uncertainty in the U.S. is becoming a bigger force in the stock market.

Trump adviser says he’ll push for ‘fiscal responsibility,’ as GOP platform largely skips that issue

An economic adviser to Donald Trump, Stephen Moore, said Thursday that he’ll counsel Trump to prioritize increased energy production and making 2017’s tax cuts permanent — plus one issue that the GOP platform skates around.

These stocks stand to benefit if a Trump White House adopts a tougher stance on China

The possibility of another White House term for Donald Trump raises the prospect of the U.S. taking an even tougher stance on China — and a number of sustainability and mobility stocks would be set to benefit, according to Baird Equity Research.

Here’s how cash-strapped consumers and school districts dragged down Scholastic earnings

Scholastic Corp. late Thursday reported lower-than-expected quarterly earnings, saying that “increasing pressure” on consumer spending hit its book-fair business and a slowdown on school book-buying did the same for its education segment.
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