• AMZN
• GOOGL

White House presses gov't AI use with eye on security, guardrails

The Biden administration promotes AI for national security, ensuring it aligns with privacy and civil rights, while addressing risks and encouraging international cooperation.

• 1YMZ24
• AMZN
• ESZ24
• META
• NQZ24
• NVDA
• TSLA

Futures bounce after selloff as Tesla jumps 11%

Futures for S&P 500 and Nasdaq rose after Tesla's strong earnings forecast, despite prior market declines and ongoing volatility from economic uncertainties.

• AMZN

Exclusive-Europe agency says it is in talks with SpaceX on tackling space junk

The ESA is negotiating with SpaceX to join an international charter aimed at reducing space debris, which threatens operational satellites, amid concerns over rising junk in orbit.

• AMZN
• CL
• DJI
• DX
• ENPH
• EUR/USD
• GC
• IXIC
• JNJ
• LCO
• MCD
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• NTRS
• ODFL
• PKG
• STX
• TDY
• US500
• USD/JPY
• VIX
• VZ
• WMT

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.96%

U.S. stocks closed lower, led by losses in Technology and Consumer sectors. Notable gainers included Northern Trust and Teledyne, while losses were seen in Enphase and McDonald's.

• AMD
• AMZN
• GOOGL
• META
• NVDA

Startup Hugging Face aims to cut AI costs with open source offering

Hugging Face launches new open-source AI software with major tech companies, enabling affordable and private development of chatbots and AI systems, competing with services by OpenAI and Anthropic.

• AMZN
• TSM

TSMC halts chip supply to customer after finding it in Huawei product, source says

TSMC suspends shipments to a customer after its chip was found in a Huawei product, raising concerns over U.S. export restrictions and compliance.

• AMZN
• FDX
• UPS

UPS seen grappling with hit from cheap deliveries ahead of key holiday season

Wall Street anticipates UPS will report increased quarterly profits, despite concerns over low demand and competition from FedEx and Amazon affecting future growth prospects.

• AMZN

Amazon sets ultra-low pricing plans for Temu rival store, The Information reports

Amazon is setting strict price limits for merchants on a new low-cost storefront to enhance competition and address retail sales weakness amid rising discount competitors.

• ALC
• AMZN
• F
• TSLA
• WBD

'Blade Runner 2049' producer sues Tesla, Warner Bros over AI images

• AAPL
• AMD
• AMZN
• CRM
• DELL
• GOOG
• GOOGL
• IBM
• MSFT
• NDX
• NOW
• NVDA
• ORCL
• PLTR
• SAP

Expect 'strong' tech earnings season, says Wedbush

Wedbush predicts strong Q3 tech earnings, emphasizing the AI revolution and cloud migration. Expect significant growth from major tech players and a bullish outlook for 2025.