Month: July 2025
Tesla investors are growing wary of Elon Musk’s futuristic promises
Tesla CEO Elon Musk speaks alongside U.S. President Donald Trump to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images At Tesla, vehicle sales are slumping, profits are thinning and revenue from regulatory credit sales are poised to dry up due to Republican-led […]
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Bull market enters the ‘anything goes’ phase. Should you follow?
“Hey, you never know” was the catchphrase of New York State Lottery ads through much of the 1990s. An old friend in advertising who worked on another state’s lottery account once told me his creative team couldn’t get that line out of their minds, failing to improve upon the way it so perfectly captured the […]
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These overbought stocks could take a dip after the market’s record gains
Stocks including Northrop Grumman and Advanced Micro Devices appear overbought after this week’s rally, according to one widely used technical metric. The three major U.S. indexes notched strong gains this week, powered by a slew of positive earnings reports and developments on trade deals. The S & P 500 rose 1.5% in the period after […]
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Bank of America says these five stocks have more room to run ahead of earnings
Bank of America said this week it sees a host of companies that are well positioned ahead of earnings. Analysts named stocks like Amazon that have compelling valuations or expected catalysts as quarterly reporting season continues. Other buy-rated names it cited include: Anheuser-Busch InBev, Oddity Tech , Bilibili and AppLovin. Oddity Tech The global beauty […]
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Under Trump, Uncle Sam is becoming an active investor at a scale not seen outside war or major crises
The Trump administration has taken direct stakes in companies on a scale rarely seen in the U.S. outside wartime or economic crisis, pushing a Republican Party that traditionally championed free-market capitalism to embrace state intervention in industries viewed as important for national security. Japan’s Nippon Steel agreed to give President Donald Trump a “golden share” […]
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Credit cards can be an ‘amazing tool’ for your wedding, expert says — but only if you’re ‘strategic’
Westend61 | Westend61 | Getty Images Many engaged couples in the U.S. are relying on forms of credit to pay for their wedding. Experts say that approach can be smart, if done carefully. While 46% of surveyed newlyweds — couples who tied the knot within the past two years — used mostly savings to pay […]
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CBS canceling Colbert begs the question: Are more late night shows next?
A marquee featuring “The Late Show with Stephen Colbert” is seen outside the Ed Sullivan Theater, where Colbert’s show is produced, in New York City on July 18, 2025. Angela Weiss | AFP | Getty Images There are two schools of thought around CBS’ decision to end “The Late Show with Stephen Colbert.” The first […]
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China releases AI action plan days after the U.S. as global tech race heats up
Key Points China on Saturday released a global action plan for artificial intelligence that called for international cooperation on tech development and regulation. Premier Li Qiang announced China has proposed the establishment of a global AI cooperation organization, according to an official readout. Former Google CEO Eric Schmidt met with Shanghai Party Secretary Chen Jining […]
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Trump arrives in Scotland for golf and bilateral talks as EU trade deal nears
Members of the police walk near the clubhouse of Trump Turnberry resort, during U.S. President Donald Trump’s visit to Scotland, in Turnberry, Scotland, on July 26, 2025. Phil Noble | Reuters U.S. President Donald Trump, dogged by questions about his ties to disgraced financier and sex offender Jeffrey Epstein, arrived in Scotland on Friday for […]
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EU chief to meet Trump in Scotland in push to avoid a transatlantic trade war
Ursula von der Leyen (CDU), President of the European Commission, stands in the European Parliament building and speaks. Picture Alliance | Picture Alliance | Getty Images European Commission President Ursula von der Leyen will meet with U.S. President Donald Trump in Scotland over the weekend, seeking to reach a framework trade agreement shortly before a […]
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