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Bloomberg62d agoneutral
The Trump Phone Is More Novelty Than Serious Smartphone Contender

(Bloomberg) -- The Trump phone is finally here — sort of — and it bears little resemblance to the original pitch.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranIran’s Deputy Foreign Minister Confirms Deal Reached With USModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingNetanyahu Pays a Political Price for Trump’s Iran DealUS Set to Offer Iran Broad Financial Gains in Peace DealFirst introduced a year ago at Trump Tower by President Donald Trump’s eldest s

AAPLQCOMSSNLFTMUS
Micron Stock Rebounds But Memory-Chip Frenzy Faces a Fed Test
Barrons.com63d agoneutral
Micron Stock Rebounds But Memory-Chip Frenzy Faces a Fed Test

Micron Technology stock was back on the rise early Wednesday as the memory-chip maker looks to resume its relentless rally. Micron was leading the rebound in premarket trading, rising 3.5%, the second-best performer in the Only Intel was climbing more ahead of the open. When there’s nothing happening Micron stock tends to gain.

INTCMU
Reuters63d agoneutral
Jabil raises annual profit forecast amid strong data center demand

Jabil raised its 2026 profit forecast on Wednesday, as the electronic-component maker ‌looks to capitalize on AI-led demand for ‌data centers. A surge in data-center infrastructure spending, driven by strong ​demand for AI computing power, has benefited companies such as Jabil. "AI infrastructure demand remains extremely strong," said CEO Mike Dastoor, adding the company continued to ‌see better-than-expected performance ⁠particularly in its automotive and connected living segment that had earlier been under ⁠pressure.

AAPLJBL
Big pharma taps UK playbook to pressure Europe on drug prices
Reuters Videos63d agoneutralVIDEO
Big pharma taps UK playbook to pressure Europe on drug prices

<body><p>STORY: Big pharma is receiving pushback from European capitals on drug pricing.&nbsp;</p><p>So they’re turning to a playbook that brought them success in the UK.</p><p>Making threats to pull investment plans to pressure policymakers.&nbsp;</p><p>The industry notched a win when the British government agreed to increase medicine spending as part of a broader deal to avoid U.S.-imposed tariffs.&nbsp;</p><p>The latest nation to face pressure is Germany, which has been debating legislation to tighten spending on medicines.&nbsp;</p><p>A Reuters European Pharma correspondent Maggie Fick said pressure in the last week has ramped up.&nbsp;</p><p>"The CEO of Pfizer wrote a letter to the German chancellor warning that their future investments in the country may be at risk over these proposed changes to pricing laws."</p><p>Meanwhile, AstraZeneca warned that it may not launch new medicines in Germany if these changes go ahead.</p><p>Earlier in June, Eli Lilly announced it would halve a planned $2.7 billion investment, also citing the proposed legislation.&nbsp;</p><p>This bid to cap costs has centered Germany in a broader tussle between drugmakers and European governments that began several months ago.</p><p>That tension has been sharpened by the impact on Europe of U.S. President Donald Trump's pricing push.</p><p>This aims to tie prescription medicine prices in the lucrative U.S. market to ​lower prices elsewhere, including in Europe.</p><p>Major drugmakers have struck deals with the White House to lower drug costs in exchange for tariff exemptions, adding to pressure for increasing prices elsewhere.</p></body>

LLYPFE
Car ‘Playgrounds,’ Smartphone Shopping: Inside Carvana’s New-Car Sales Playbook
The Wall Street Journal63d agoneutral
Car ‘Playgrounds,’ Smartphone Shopping: Inside Carvana’s New-Car Sales Playbook

DALLAS— Carvana became famous for its giant “vending machines” that house the used cars it sells online. “We’re not trying to sell cars here,” Tom Taira, Carvana’s president of special projects, told reporters at its recently remodeled Chrysler-Dodge-Jeep-Ram store in Dallas. The store is one of seven new-car dealerships that Carvana has amassed after a buying spree that began in February 2025.

CVNA
Bloomberg63d agoneutral
Apple Investors Are Tired of AI Promises, Want Tangible Progress

(Bloomberg) -- Apple Inc. investors are losing patience with the company’s talk about becoming a more formidable presence in artificial intelligence and want to start seeing some results.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranIran’s Deputy Foreign Minister Confirms Deal Reached With USModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingNetanyahu Pays a Political Price for Trump’s Iran DealUS Set to Offer Iran Broad Financial Gains in Peace Deal“Ther

AAPLAMZNGOOGGOOGLJBLMETATSLA
AI Strategy, Double-Digit Growth Put BofA Stock In Focus
Investor's Business Daily63d agoneutral
AI Strategy, Double-Digit Growth Put BofA Stock In Focus

Alongside fellow financial giant UBS, Bank of America has forged a spot on the Investor's Business Daily Breakout Stocks Index. BofA stock has also jumped into a new buy zone as UBS does the same. In tandem with that move, both banking stocks continue to flash clears signs of demand.

BAC
AI use in UK hits 'tipping point' as companies scale up, Google exec says
Reuters63d agoneutral
AI use in UK hits 'tipping point' as companies scale up, Google exec says

Adoption of artificial intelligence has reached a "tipping point" in Britain, as companies move from experimentation ‌to large-scale deployment and start seeing returns, a Google Cloud executive ‌said on Wednesday. Businesses and government bodies that were testing AI tools a year ago are now ​using them to run more complex processes and improve productivity, Maureen Costello, Google Cloud's vice president for the United Kingdom, Ireland and Sub-Saharan Africa, told Reuters in an interview.

GOOGGOOGL
WeRide and Uber Target Zurich Robotaxi Launch as European Expansion Accelerates
InvestorsHub63d agoneutral
WeRide and Uber Target Zurich Robotaxi Launch as European Expansion Accelerates

WeRide (NASDAQ:WRD) and Uber Technologies (NYSE:UBER) plan to introduce commercial robotaxi services in the Greater Zurich Region later this year, extending their autonomous mobility partnership in Europe following a recent deployment announcement in Madrid. The service is expected to launch during 2026, pending approval from Switzerland’s Federal Roads Office (FEDRO).

UBER
US awards $500 million to Nvidia-backed SandboxAQ for finding new chipmaking materials
Reuters63d agoneutral
US awards $500 million to Nvidia-backed SandboxAQ for finding new chipmaking materials

The U.S. government awarded $500 million on Wednesday to startup SandboxAQ to develop new chemicals and materials for domestic semiconductor manufacturing, including alternatives to PFAS and rare earth imports. The award is part of President Donald ‌Trump's move to allocate research funds under the CHIPS Act, an effort that previously funded a $150 million investment in new chip manufacturing ‌tools and a $2 billion investment in quantum computing. So far, SandboxAQ has applied those models to fields such as biotechnology and quantum navigation sensors to replace global positioning systems, but now it is moving into chemicals and materials for chip manufacturing.

NVDA
BofA says investors may be too skeptical of Chipotle
TheStreet63d agoneutral
BofA says investors may be too skeptical of Chipotle

Chipotle’s (CMG) biggest stock-market problem may not be burritos, menu prices or slowing comparable sales. It might be investor skepticism. Bank of America thinks the restaurant business is demonstrating a demand pattern that might be significant for the beaten-down growth brands, including ...

BACCMG