Warsh Has Kept Wall Street in the Dark About The Roadmap To Tackle Inflation. Jackson Hole Could Reveal It.

Warsh Has Kept Wall Street in the Dark About The Roadmap To Tackle Inflation. Jackson Hole Could Reveal It.

Investors are heading into the Federal Reserve‘s annual Jackson Hole symposium wanting to know what Fed Chair Kevin Warsh’s plans to deal with inflation are. The gathering in Wyoming has traditionally offered Fed chairs an opportunity to signal where monetary policy is headed. Investors are unsure whether Warsh, who took over as Fed chair in…

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Nvidia’s Results Beat Expectations, But Its Stock Still Struggled

Nvidia’s Results Beat Expectations, But Its Stock Still Struggled

Nvidia reported results that beat expectations in the second quarter. Nvidia reported results that were better than expected in the second quarter, but its stock still struggled as it faces high memory costs and continues to work at full capacity. Revenue topped $96 billion compared to $92 billion estimated by analysts, while earnings per share…

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SpaceX’s Stock Is Whipsawing Around Its IPO Price. Morgan Stanley Says It’s ‘Attractively Valued.’

SpaceX’s Stock Is Whipsawing Around Its IPO Price. Morgan Stanley Says It’s ‘Attractively Valued.’

Morgan Stanley said SpaceX’s stock is “attractively valued” after the company announced it will spend $100 billion to build a spaceport in Louisiana. Analyst Adam Jonas said he’s overweight on the stock, especially following the announcement. He set a $300 price target, which is more than double the current level. Jonas said the announcement about…

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Bitcoin Just Had Its Best Week In More Than Three Years, But The $80,000 Threshold Is Proving Hard To Hold

Bitcoin Just Had Its Best Week In More Than Three Years, But The ,000 Threshold Is Proving Hard To Hold

Bitcoin is struggling to hold above $80,000 on Wednesday after briefly climbing past $81,000 as traders appear to be taking profits following the cryptocurrency’s strongest weekly rally in more than three years. The world’s largest cryptocurrency traded slightly above $78,000 at 1:24 p.m. ET after gaining earlier in the session. Bitcoin has climbed roughly 22%…

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Moonshot Pushes Kimi K3 Into the U.S. Market. Microsoft, Amazon and Google Weigh Revenue-Sharing Deals.

Moonshot Pushes Kimi K3 Into the U.S. Market. Microsoft, Amazon and Google Weigh Revenue-Sharing Deals.

China‘s Moonshot AI is reportedly in talks with Microsoft, Amazon and Google over revenue-sharing agreements that could bring its powerful Kimi K3 artificial intelligence model to some of the world’s largest cloud platforms. According to Reuters, the Beijing-based AI startup is seeking as much as 30% of the revenue generated from K3-related services offered through…

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Trump-Backed Graham Wins Senate Primary. Republicans Are Expected To Hold On To The Seat.

Trump-Backed Graham Wins Senate Primary. Republicans Are Expected To Hold On To The Seat.

President Trump’s candidate won the South Carolina Republican Senate primary Tuesday. Lindsey Graham’s sister Darline won the Tuesday Republican Senate primary and advanced to the general election in her bid to retain her late brother’s South Carolina Senate seat. Graham was appointed to the Senate seat by Gov. Henry McMaster after her brother’s death in…

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Mark Zuckerberg Reportedly Wanted AI to Replace Meta Workers. The Plan Collapsed Within Months.

Mark Zuckerberg Reportedly Wanted AI to Replace Meta Workers. The Plan Collapsed Within Months.

Mark Zuckerberg entered 2026 with an ambitious plan to remake Meta around artificial intelligence, potentially eliminating or reassigning thousands of jobs as AI agents took over work once performed by employees. Within months, however, the strategy was encountering employee resistance, security problems, and evidence that the technology was not delivering the productivity gains executives had…

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