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Bank earnings set to reflect Wall Street’s boom, SK Hynix stock tumbles, tariff inflation is waning, and more news to start your day.
Financial markets started the week on an uncertain note as renewed military tensions between the United States and Iran pushed oil prices sharply higher, pressured equity futures and shifted investor attention toward a crucial week of corporate earnings. At the same time, weakness across Asian semiconductor stocks has prompted questions about near-term sentiment toward artificial intelligence investments, despite continued strong demand for advanced chips.
(Bloomberg) -- Investors are flocking back to Apple Inc. as nervousness about artificial intelligence spending weighs on the stocks of chipmakers and cloud-computing giants. Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Hormuz Route Open Despite Iran Declaration, Maritime Group SaysOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleTrump Embraces Australian Retirement System Backed by Larry FinkUS Renews Iran Strikes as Both Sides Dispute Hormuz
By Hannah Lang NEW YORK, July 13 (Reuters) - A move by Michael Saylor's bitcoin stockpiling company Strategy to authorize more bitcoin sales has once again shone a spotlight on a clutch of public
Meta said on Monday its data center in Richland Parish, Louisiana, will expand to 5 gigawatts of compute capacity, with investment in the project increasing to more than $50 billion. The planned data center, known as Hyperion, was earlier projected to deliver more than 2 gigawatts of compute capacity to support training of large language models, the technology behind tools such as ChatGPT. • U.S. environmental law group Earthjustice's request to investigate the financing of Meta's Louisiana data center project was denied earlier this year.
July 13 (Reuters) - Meta said on Monday its data center in Richland Parish, Louisiana will expand to 5 gigawatts of compute capacity, in a bid to support the social media company's AI ambitions.
(Bloomberg) -- In his zeal to avoid signaling where interest rates are headed, Federal Reserve Chairman Kevin Warsh has obscured something else that’s crucial to investors, analysts and other policymakers: How he would react when challenged by the economy.Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Hormuz Route Open Despite Iran Declaration, Maritime Group SaysOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleTrump Embraces Australian Retirem
Plus, an onslaught of artificial-intelligence bonds tests investors’ limits, and Apple CEO Tim Cook goes to battle against OpenAI.
(Bloomberg) -- Meta Platforms Inc. has committed to spending an additional $40 billion on its sprawling data center campus in Louisiana, pushing its total expected investment beyond $250 billion for the site as it continues to grow its artificial intelligence computing footprint. Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Hormuz Route Open Despite Iran Declaration, Maritime Group SaysOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleTrump Em
The investment bank’s lawyer defended her long relationship with Jeffrey Epstein and blamed Goldman executives for leaks.
One family sold its struggling farmland for $22 million, joining a new class of multimillionaires who are cashing in on the AI data-center boom.
Wall Street pros are predicting stellar S&P 500 earnings growth this year and beyond. Specifically it affects the index’s price/earnings, or P/E, ratio, perhaps the most frequently cited valuation metric for stocks. Investors have a veritable lunch buffet of S&P 500 earnings figures to choose from—past or forward-looking, official or nonstandard.
(Bloomberg) -- Saudi Arabia’s NourNet is working with Goldman Sachs Group Inc. and HSBC Holdings Plc on a potential initial public offering, according to people familiar with the matter, adding to a pipeline of Gulf listings despite the regional conflict.Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Hormuz Route Open Despite Iran Declaration, Maritime Group SaysOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleTrump Embraces Australian Retireme
This consumer-facing company has increased its net sales annually for more than three decades.
Investing.com - Renewed fighting between the United States and Iran rattled markets at the start of the week, sending oil prices sharply higher and weighing on stock futures.
The company that builds the world's most advanced chips is about to tell investors how hot AI demand really is.
Apparel giants face declines as weak demand, tariffs, excess inventory and restructuring challenges pressure the industry.
(Bloomberg) -- The European Union will propose a law to restrict children’s access to social media, according to the bloc’s top official, as part of a growing global consensus about the harm it causes. Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Hormuz Route Open Despite Iran Declaration, Maritime Group SaysOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleTrump Embraces Australian Retirement System Backed by Larry FinkUS Renews Iran Strikes
Jerome Powell's successor vowed to get the Fed "out of the fiscal business" -- but that's not happened.
(Bloomberg) -- Chinese President Xi Jinping will make his first appearance at the country’s flagship AI conference, signaling the growing importance Beijing attaches to the technology as its rivalry with the US intensifies.Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Hormuz Route Open Despite Iran Declaration, Maritime Group SaysOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleTrump Embraces Australian Retirement System Backed by Larry FinkUS
Oil rallied in early European trade after renewed military escalation in the Middle East, while U.S. stock futures faltered in a fresh round of weakness for artificial-intelligence stocks.
The Morning Bull - US Market Morning Update Monday, Jul, 13 2026 US stock futures are pointing higher this morning, with E-mini S&P 500 contracts up about 0.4%, as investors digest a mix of cooling inflation and uneven growth signals abroad. Softer price data in countries like France, where inflation sits at 1.8%, suggests global cost of living pressures are easing, which can take some pressure off central banks to keep lifting interest rates. At the same time, weaker industrial output in...
After a rocky start to the year, health insurer stocks have roared back. The insurers are trying to end a difficult cycle that began about three years ago, when healthcare use, and the costs to cover it, accelerated postpandemic. The fund’s top 10 holdings encompass six health insurers, three of which— UnitedHealth Group Aetna parent CVS Health and Elevance Health —comprise more than 40% of the fund.
After a terrible first half, MSFT stock shows fresh signs of life, and traders expect upside before its July 29 earnings report.
Salesforce is hoping its acquisition of Fin can help accelerate revenue growth.
TSMC, the world's largest contract chipmaker, reported on Monday second-quarter revenue of 1.27 trillion Taiwan dollars ($39.63 billion), beating market expectations and rising 36% from a year earlier on surging interest in artificial intelligence applications. An LSEG SmartEstimate, drawn from 20 analysts, had expected revenue in the April-to-June quarter of 1.264 trillion Taiwan dollars. Taiwan Semiconductor Manufacturing Co (TSMC) is a major supplier to companies including Nvidia and Apple.
Taiwan Semiconductor Manufacturing Co (TSMC) will add two advanced chip packaging plants in the Chiayi Science Park, the island's science and technology minister said on Sunday. Located in southern Taiwan, the Chiayi Science Park is being developed as one of TSMC's major advanced chip-packaging hubs. TSMC's first advanced chip packaging plant at the Chiayi Science Park has already entered mass production and its second plant is expected to begin mass production soon, National Science and Technology Council Minister Wu Cheng-wen said at a groundbreaking ceremony.
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