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Treasury Yields Rise as U.S. Job Market Remains Resilient
Barrons.com32d agoneutral
Treasury Yields Rise as U.S. Job Market Remains Resilient

Treasury yields rise as the number of people filing for jobless insurance in the U.S. falls to 208,000 from an upwardly revised 216,000. Economists surveyed by WSJ expected an increase to 218,000. The July Philadelphia Fed business activity gauge jumps to 41.

SpaceX Stock Tests $135 IPO Price—and Cathie Wood Keeps Buying the Dip
Barrons.com32d agobullish
SpaceX Stock Tests $135 IPO Price—and Cathie Wood Keeps Buying the Dip

SpaceX stock has lost altitude recently, creating an opportunity for Cathie Wood’s ARK Invest. ARK is a big believer in Elon Musk. Coming into Thursday trading, SpaceX stock was down for three consecutive days and seven of the past nine days, leaving shares just 27 cents above the $135 IPO price.

Bloomberg32d agoneutral
IPOs of Tiny Foreign Firms Nearly Vanish in US After Pump-and-Dump Crackdown

(Bloomberg) -- Initial public offerings of tiny foreign companies in the US have all but disappeared this year after regulators cracked down on apparent pump-and-dump schemes, many of them based in Asia, that authorities say cheated mom-and-pop investors around the globe.Only 13 so-called microcaps have gone public on Nasdaq and the New York Stock Exchange so far this year, compared with almost 80 by the midpoint of 2025. Just two of this year's newest companies come from Asia, a fraction of the

GE Aerospace Q2 Earnings Call Highlights
MarketBeat32d agoneutral
GE Aerospace Q2 Earnings Call Highlights

GE Aerospace (NYSE:GE) reported double-digit growth across key second-quarter 2026 metrics and raised its full-year outlook, citing strong commercial services demand, improved operating execution and a backlog that management said provides visibility into the rest of the year. Chairman and CEO Larr

Micron signs deals with Qualcomm, others for AI-powered automobile chip components
Reuters32d agoneutral
Micron signs deals with Qualcomm, others for AI-powered automobile chip components

Micron Technology on Thursday signed long-term agreements with automotive suppliers, including chip designer ‌Qualcomm and audio products maker Harman, to secure ‌memory and storage components that powers AI-enabled vehicles. The agreements come as ​the industry races to expand manufacturing capacity to meet the booming demand for memory chips due to the rapid adoption of AI tools. These chips are used in data ‌centers, consumer electronics ⁠and vehicles, where they support AI-enabled features such as ADAS and digital cockpits.

Reuters32d agoneutral
IDF, Oaktree to invest $1.7 billion in Bloom Energy fuel cells for AI infrastructure

Industrial Development Funding (IDF) and U.S.-based asset manager Oaktree said on ‌Thursday they will invest $1.7 billion in ‌deploying Bloom Energy's fuel-cell technology to help power AI ​cloud infrastructure, including dedicated electricity supply for Nebius' AI computing operations. The investment will fund behind-the-meter power generation using Bloom's fuel cells, ‌allowing Nebius to ⁠meet growing demand for AI compute capacity, the companies said. IDF ⁠is leading the development of the Nebius project, while Oaktree is participating as a ​minority equity ​investor.

Retail sales up a modest 0.2% in June amid economic uncertainty and fading benefits from tax refunds
Associated Press32d agoneutral
Retail sales up a modest 0.2% in June amid economic uncertainty and fading benefits from tax refunds

Retail sales rose 0.2% in June, after being up a revised 1% in May, according to the Commerce Department's report released on Thursday. Business at clothing and accessories stores slipped 0.3%, while online sales rose 1.9%, fueled by spending surrounding Amazon's Prime Day event, which was held from June 23 through June 26. The data offers only a snapshot of consumer spending and doesn’t include activities like travel and hotel stays.