U.S. Stocks Climb as Investors Continue to Back Leading AI Companies
Wall Street showed renewed buying interest in artificial intelligence stocks, pushing U.S. equities higher amid sustained enthusiasm for AI-driven growth.
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Markets & Macro
Markets & Macro
Fed Links Rising Inflation to Tariffs, Energy Prices, and AI Investment Surge
The Federal Reserve reports that tariffs, energy cost increases, and a boom in AI spending have jointly pushed inflation above target, affecting household budgets despite steady interest rates.
Energy & Climate
Chinese EV Maker Leapmotor Enters Mexican Market with Stellantis Partnership
Leapmotor launches its B10 EREV SUV in Mexico, supported by Stellantis, marking the Chinese EV brand’s first entry into North America.
Defense & Security
US and Iran Restart Talks in Oman Amid Rising Tensions in Strait of Hormuz
US and Iranian officials have resumed negotiations in Oman as Washington urges Tehran to ensure safe, toll-free passage through the strategically vital Strait of Hormuz following recent attacks on commercial vessels.
Crypto & Fintech
Circle Releases Open-Source Toolkit to Integrate USDC Payments with AI Agents
Circle has open-sourced its Agent Stack Toolkit, enabling AI agent frameworks to perform USDC payments and on-chain blockchain functions autonomously within their workflows.
Defense & Security
U.S. Developing Nuclear Waste-Powered Drones Capable of Decades-Long Flight
The U.S. is advancing technology to power drones with nuclear waste-derived batteries, enabling continuous airborne missions lasting over 30 years without refueling.
Defense & Security
Trump Announces US License for Ukraine to Produce Patriot Missile Interceptors
At a NATO summit, Donald Trump pledged US authorization for Ukraine to manufacture Patriot missile interceptors, signaling a strategic shift amid ongoing tensions with Russia.
Corporate Power
IREN’s Co-CEOs Face Backlash Over Pay Exceeding Nvidia’s CEO Despite Smaller Scale
IREN’s co-CEOs have sparked investor concerns by potentially earning more than Nvidia’s CEO, raising questions about executive pay alignment in a company far smaller in size.
Markets & Macro
Germany’s Inflation Moderates to 2.4% Amid Ongoing ECB Policy Debate
Germany’s inflation rate eased to 2.4% in June, signaling reduced price pressures even as the European Central Bank weighs its next monetary policy moves amid persistent core inflation.
Crypto & Fintech
Robinhood to Introduce AI-Powered Crypto Trading for US Users
Robinhood plans to enable eligible US customers to use third-party AI agents for cryptocurrency trading, expanding its autonomous trading services beyond equities and options.