Mark Cuban Says Cutting PBM Fees Won't Reduce Pharmaceutical R&D Funding: 'Manufacturers Can Sell To Us For More' Mark Cuban challenges the idea that high drug prices are necessary for R&D, PBMs take away from profits, leaving less for innovation.
Nasdaq, S&P 500 Futures Slip Ahead Of July Jobs Data — Trump Tariffs, Mixed Big Tech Earnings Dent Sentiment On Thursday, stocks succumbed to concerns about tariffs and macroeconomic worries, which offset the optimism generated by solid quarterly results from Meta and Microsoft.
As Trump’s Tariffs Take Effect, These 7 Trading Partners Managed To Seal Deals Before August Deadline The president stated that some trading partners have agreed to, or are on the verge of agreeing to, meaningful trade and security commitments with the U.S., thereby signaling their sincere intention to address trade barriers permanently
Peter Schiff Slams Fed's Blind Spot: Jerome Powell 'Looking Through' Soaring Inflation While Policy Remains 'Far Too Loose' Economist Peter Schiff is criticizing the Federal Reserve on inflation, arguing that the central bank is underestimating persistent price pressures.
Meta, Microsoft, Applied Digital, Shake Shack, Arm: Stocks Making The Biggest Moves Today Meta Platforms shares surged more than 12% in Thursday’s midday trade after the company’s second-quarter earnings blew past Wall Street expectations.
Trump Extends Mexico Tariff Reprieve For 90 Days President Trump said he spoke to Mexican President Claudia Sheibaum, saying that he had a “very successful” call with her.
Trump’s Brazil Tariff Proposal Reportedly Draws Fire From Senate Democrats Senators are concerned that President Donald Trump’s tariffs on Brazil are being used to stop the prosecution of former Brazilian President Jair Bolsonaro.
Confluent, Western Digital, Microsoft Draw Highest Retail Chatter On Stocktwits After Blowout Earnings Confluent saw retail chatter surge 2,400% in 24 hours after the company reported better-than-expected second-quarter earnings.
BREAKING: PCE Index Rises 2.6% In June Excluding food and energy, the PCE price index increased 2.8% from one year ago.
Microsoft, Meta Stocks Add $440 Billion In A Day—Nearly Matching Netflix's Entire $503 Billion Market Cap Microsoft and Meta Platforms added over $400 billion in market capitalization after reporting robust earnings results on Wednesday.
'Delusional World:' Analyst Slams Jerome Powell's Inaction As Experts Debate Possibility Of Six Cuts Starting September Experts are divided on whether Federal Reserve Chair Jerome Powell will hold steady through 2025 or embark on aggressive rate cuts.
Stock Market Today: S&P 500, Nasdaq To Open Higher After Robust Meta, Microsoft Earnings—Investors Await Apple, Amazon Results U.S. stock futures rose on Thursday after ending on a mixed note on Wednesday. Futures of major benchmark indices were higher, except for the small-cap gauge Russell 2000.
Qualcomm Is 'Biggest Beneficiary' For Smart Glasses—Powering Designs For Meta, Oakley, Ray-Ban: 'Best One For Now,' Says Expert Qualcomm is dominating the rapidly expanding smart glasses market, powering designs for players including Meta, Oakley, Ray-Ban, and Xiaomi.
‘Oh, Canada’ — Trump Says Palestinian Recognition Makes Trade Deal ‘Very Hard’ Trump’s warnings come after Canada joined a list of countries, including the UK and France, that have pledged to recognize the Palestinian state.
Arm Holdings Explores Designing Its Own Chips As AI Demand Skyrockets: More Competition For Nvidia? Arm Holdings is exploring a strategic shift towards developing "full-end solutions" and chiplets, moving beyond its licensing model.
