GM’s Strong Q2 Results Overshadowed By Cost-Cutting Measures, Raising Concerns For EV Strategy General Motors reports better-than-expected earnings, but cost-cutting measures cast doubt on EV plans. READ & WATCH
US Consumer Confidence Surges To Highest Level Since July 2021 Strong job market and decreasing inflation drive optimism as Fed prepares for interest rate hike. READ & WATCH
Jim Cramer Slams AT&T And Seres Therapeutics, Recommends Schlumberger Cramer criticizes AT&T and Seres Therapeutics, praises Schlumberger in Lightning Round on Mad Money. READ & WATCH
Twitter Rebrands As ‘X’ Amidst Elon Musk’s Vision For An ‘Everything App’ As Twitter undergoes a major rebranding, Elon Musk aims to transform it into a comprehensive platform to rival global tech giants. READ & WATCH
Israeli Transport Minister Calls For Investigation Into Alleged Coup Plot By Former PM Barak Transport Minister Regev cites video evidence and demands criminal investigation against Ehud Barak and Forum 555 READ & WATCH
Dow Jones Extends Winning Streak, Asian Markets Rise On Chinese Economic Boost US markets continue to climb, fueled by earnings reports and Fed meeting, while Chinese stocks surge on government support. READ & WATCH
Nucor Corp Q2 Net Sales Miss Estimates Amid Declining Steel Prices NUE reports 19% YoY decline in net sales, impacted by lower average sales price per ton READ & WATCH
Morgan Stanley Strategist Admits Market Misjudgment Amid Extended Rally Bearish forecast on U.S. equities proved wrong as consumer spending and AI-driven companies fuel market surge READ & WATCH
Wharton Professor Jeremy Siegel Shifts Stance On Fed’s Monetary Policy Wharton Economist Observes Promising Signals in Housing and Commodity Markets, Otherwise Sensitive to Economic Pressure READ & WATCH