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US appeals court allows thousands of lawsuits against social media companies over user addiction claims to proceed
Reuters46d agobearish
US appeals court allows thousands of lawsuits against social media companies over user addiction claims to proceed

A U.S. appeals court on Monday allowed thousands of lawsuits to move forward against Meta Platforms, Alphabet's Google, ByteDance's TikTok, and other social media companies over claims they designed their products to be addictive to young ‌users. The San Francisco-based 9th U.S. Circuit Court of Appeals rejected the companies’ bid to reverse a lower court’s ruling forcing them to ‌face some 2,400 lawsuits over the claims filed in federal court. The companies, which also include Snap Inc's Snapchat, had argued that Section 230 of the Communications Decency Act of 1996 -  which ​shields them from lawsuits over content posted by their users - also shields them from allegations that they failed to warn the public about the addictive nature of their platforms.

Boeing to divest tech ventures for stake in air-taxi startup
AFP46d agoneutral
Boeing to divest tech ventures for stake in air-taxi startup

Boeing announced an agreement Monday to divest its air taxi and two other technology ventures to Archer Aviation for a stake in the startup.In its May earnings release, Archer said it had completed the "phase three" of the Federal Aviation Administration's four-phase certification process for its Midnight air taxi vehicle.

Varex Q3 FY2026 Results Show Revenue Growth and Margin Expansion Ahead of Teledyne Transaction
InvestorsHub46d agoneutral
Varex Q3 FY2026 Results Show Revenue Growth and Margin Expansion Ahead of Teledyne Transaction

Varex Imaging reported higher revenue, stronger non-GAAP margins and improved earnings, although tariff refunds and related customer reimbursements provided a roughly $10 million benefit to quarterly gross profit. Key Investor TakeawaysVarex Imaging (NASDAQ:VREX) reported Q3 FY2026 revenue of $211 million, up 4% year over year, with Industrial revenue reaching $77 million and Medical revenue at $134 million.

Stocks mostly flat with focus on US inflation
AFP46d agoneutral
Stocks mostly flat with focus on US inflation

Stock markets were little changed Monday, holding near record highs amid thin summer volumes, as investors awaited inflation data this week for more clues to the interest-rate outlook for the US economy.The AI sector that has recently underpinned the US stock market is increasingly reliant on debt to fund its massive investments, and would be penalised by higher interest rates, she added.

Treasury Yields Rise as Wall Street Expects Stable Inflation Data
Barrons.com46d agoneutral
Treasury Yields Rise as Wall Street Expects Stable Inflation Data

Treasury yields rise ahead of U.S. inflation data due later this week and following July's unexpected negative payroll numbers. Iran makes tough demands to reopen Hormuz, pushing oil futures up 1.5%. Economists surveyed by WSJ expect July's 12-month CPI inflation to cool slightly to 3.

3 Boring but Brilliant Stocks to Buy in August
24/7 Wall St.46d agobullish
3 Boring but Brilliant Stocks to Buy in August

While the rest of the market chased AI headlines and flinched at every tariff rumor, three famously unglamorous stocks kept raising their dividends and quietly compounding wealth. Here is why August may be the right moment to pay attention.

Investing.com46d agobullish
Tenax, Sionna plunge; MarineMax jumps premarket on reported buyout

Investing.com - U.S. stock index futures edged higher on Monday, while Dow futures were little changed, as investors scaled back hopes for a breakthrough in the Middle East and looked ahead to key inflation data due later this week for fresh clues on the Federal Reserve’s interest rate path.

Tesla Stock Is on a Roll as Retail Traders Buy In
Barrons.com47d agoneutral
Tesla Stock Is on a Roll as Retail Traders Buy In

FEATURE Tesla stock was rising again Monday, putting the electric vehicle maker on track to extend a recent good run during which it has clawed back some of its losses for the year. Shares climbed 1% to $332 ahead of the opening bell.

Five key market events investors should follow this week
InvestorsHub47d agoneutral
Five key market events investors should follow this week

U. S. inflation and retail sales figures are set to dominate the economic calendar this week as investors assess the health of the world’s largest economy against a backdrop of persistent uncertainty surrounding the Middle East conflict.

The Fed's new chapter runs through Walmart's ex-CEO
Axios47d agoneutral
The Fed's new chapter runs through Walmart's ex-CEO

When Mike Allen and I are curious about the " real economy ," we talk to sources at big-box stores for a read on real-time sales trends, or friends at super-regional banks to gauge the mood and money movement.