Day: July 29, 2025
Asia markets set to fall as U.S. trade talks with China hang in the balance
Opening calls Happy mid-week from Singapore. Asia markets are poised for a lower open. Futures for Hong Kong’s Hang Seng Index stood at 25,344, pointing to a weaker open compared with the HSI’s last close of 25,524.45 Similarly, Australia’s S&P/ASX 200 was set to start the day lower with futures tied to the benchmark at 8,662, compared with its […]
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Google execs say employees have to ‘be more AI-savvy’ as competition ramps up
Alphabet CEO Sundar Pichai during the Google I/O developers conference in Mountain View, California, on May 10, 2023. David Paul Morris | Bloomberg | Getty Images Google executives are pushing employees to act with more urgency in their use of artificial intelligence as the company looks for ways to cut costs. That was the message […]
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Stocks making the biggest moves after hours: Starbucks, Visa, Teladoc, LendingClub and more
Check out the companies making headlines in extended trading: Starbucks — The coffee chain’s shares added 3% in extended trading after revenue for the fiscal third quarter came in higher than expected. Starbucks posted revenue of $9.46 billion, while LSEG consensus estimates called for $9.31 billion. Same-store sales fell for the sixth consecutive quarter, however. […]
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Bessent to American businesses: ‘Not the end of the world’ if April 2 tariffs kick in
Top Trump administration officials insist that the Aug. 1 deadline is not changing, even as dozens of countries’ trade negotiations are unresolved. Source
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Trump says Jeffrey Epstein ‘stole’ Virginia Giuffre from Mar-a-Lago spa
Virginia Giuffre, an alleged victim of Jeffrey Epstein, walks after the hearing in the criminal case against Epstein, at Federal Court in New York, August 27, 2019. Shannon Stapleton | Reuters President Donald Trump on Tuesday said that Jeffrey Epstein “stole” Virginia Giuffre from the spa of Trump’s Mar-a-Lago club in Florida. Trump said that […]
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Starbucks is about to report earnings. Here’s what to expect
Consumers walk in front of a Starbucks coffee shop in Galeria Krakowska shopping mall in central Krakow, Poland, on July 11, 2025. Dominika Zarzycka | Nurphoto | Getty Images Starbucks is expected to report its fiscal third-quarter earnings after the bell on Tuesday. Here’s what Wall Street analysts surveyed by LSEG are expecting the company […]
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Trump EPA seeks to repeal finding that carbon dioxide emissions threaten public health
Smoke stacks from the Hugh L. Spurlock Generating Station are seen on June 12, 2025 in Maysville, Kentucky. Jeff Swensen | Getty Images The Trump administration is seeking to repeal a landmark finding that greenhouse gas emissions pose a threat to public health, the head of the Environmental Protection Agency said Tuesday. “This has been […]
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Royal Caribbean lifts full-year guidance on strong cruise bookings
Royal Caribbean raised its full-year guidance Tuesday on the back of strong cruise bookings. The company now expects 2025 earnings of between $15.41 and $15.55 per share on an adjusted basis, up from prior earnings per share guidance of $14.55 to $15.55. CEO Jason Liberty noted traveler preferences are evolving, saying there’s an increase in […]
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Trump’s pharmaceutical tariffs could affect some drugmakers more than others
Medications are stored on shelves at a pharmacy on May 12, 2025 in Los Angeles, California. Eric Thayer | Getty Images President Donald Trump is slated to impose tariffs on pharmaceuticals imported into the U.S. any day now – and the duties may have a bigger impact on some drugmakers than others, according to some […]
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Anthropic in talks to raise fresh capital at $170 billion valuation
Anthropic is in talks to raise between $3 billion and $5 billion in a funding round led by Iconiq Capital that would value the artificial intelligence startup at $170 billion, CNBC has confirmed. The OpenAI competitor has been reeling in billions of dollars at a rapidly increasing valuation reflecting investors’ thirst for a piece in […]
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