Elon Musk and Sam Altman spar on X after Apple files OpenAI lawsuit
Elon Musk and Sam Altman criticized each other in new posts on X, highlighting the billionaires' long-standing tussle over OpenAI's evolution.
Markets
10 Signs Your Client Is About to Make a Bad Investment
Consumers, especially those who are less experienced, are constantly bombarded with so-called opportunities to make a bundle. We're not talking about outright fraud, but rather perfectly legal sales pitches. It's not on…
Mark Cuban has strong words on AI companies and job losses
Oracle's annual filing cited AI adoption among the drivers of 21,000 job cuts in fiscal 2026. Snap cut 1,000 people and the CEO said rapid AI advances meant a smaller team could do the same work. At college graduation c…
He works two hours a month to make six figures a year — why he says ditching the 9-to-5 is ‘the ultimate power’
Some workers have been mandated back to the office after settling into work-from-home life, while others are finding that cubicle life and working 9-to-5 isn't for them. Perhaps that's why the idea of earning passive in…
Senator Lindsey Graham has died at 71 after a brief illness
"On the evening of Saturday, July 11, U.S. Senator Lindsey Graham passed away from a brief and sudden illness," Graham's office said in a statement on X.
Pivotal US Republican Senator Lindsey Graham dies at 71
Graham Platner announced Wednesday he’s ending his Senate campaign, capping a chaotic few days of uncertainty and Democratic infighting and leaving the party without a candidate in the vitally important Maine race this …
Korea’s record-low stock valuations seen as opportunity amid AI earnings boom
“The trillion dollar threshold carries material weight beyond the symbolism,” said Dave Mazza, chief executive officer at Roundhill Investments in New York. “More broadly, it reflects a market judgment that memory’s rol…
US strikes Iran, Tehran says Strait of Hormuz closed, Gulf states hit
Follow updates on the war in the Middle East for Friday, July 10, here. See earlier developments below.
‘Almost unlimited’: Execs says AI demand remains strong even as enterprises move to ‘valuemaxxing’
Chip stocks have had a blistering rally over the past year as investors bet on the semiconductor sector's central role in the global AI infrastructure buildout.
Pizza chain closing up to 50 locations after years of declines
A major pizza chain is preparing to close dozens of restaurants once again as its parent company works to eliminate underperforming locations following what executives describe as a "challenging period" for the business.
Florida man paid off his house 2 months before Hurricane Milton tore off his roof — and he had no home insurance
It might sound like the fate of a character in a fable, or a line from Alanis Morissette's famous 1990s hit "Ironic": Man pays off his house, then the roof blows off.
U.S. launches airstrikes against Iran after Tehran attacks container ship in Hormuz, Pentagon says
President Donald Trump ordered renewed airstrikes against Iran on Saturday after the Islamic Revolutionary Guard Corps attacked a commercial ship transiting the Strait of Hormuz, the U.S. military said in a statement.
Iran closes Strait of Hormuz after vessel incident, escalating Gulf tensions
The U.S. has seized an Iranian-flagged cargo ship in the Strait of Hormuz after firing on its engine room, President Trump said in a post on social media.
Iran’s IRGC navy says Strait of Hormuz closed until further notice, state media reports
Iran's Islamic Revolutionary Guards Corps Navy posted a map showing alternative shipping routes in the Strait of Hormuz to help transiting ships avoid naval mines, the semi-official Iranian news agency ISNA said early o…
Soybeans Posts Friday Strength as USDA Shows Better Than Expected Report
Soybeans closed the Friday session with contracts up fractionally in some deferred to as much as 16 ¾ cents. September closed the week with a 55 ½ cent rally, as November was up 43 cents. The cmdtyView national average …
Deutsche Bank shares three key points on the dollar’s long-term trajectory
2026 looks set to be another interesting year for Asian economies, with likely divergences in their respective policy and growth paths which can lead to a variety of market outcomes. We explore them in our 2026 Asia Out…
Bitcoin dropped 2% then rebounded after Trump said he's 'a big crypto guy' — here are experts takes on buying the dip
On July 6, Bitcoin dropped more than 2% after Strategy — a corporate buyer of Bitcoin — disclosed in a regulatory filing (1) that it had sold about $216 million worth of the cryptocurrency.
Wheat Rallying on Friday with Russian Rumors
The wheat complex is trading with double digit gains across most contracts on Friday. Chicago SRW contracts are trading with 19 to 23 1/2 cent gains at midday. There were 2 deliveries against CBT wheat overnight, with 5…
Big fast-food burger chain franchisee files Chapter 11 bankruptcy
A lender dispute over millions of dollars has led a Hardee's restaurant franchisee to file for bankruptcy to invoke an automatic stay of all legal actions against the debtor.
Crude Oil Weakness Spurs a Slump in Sugar Prices
Sugar prices fell sharply on Friday, with London sugar posting a 1.5-week low. Friday’s -1% fall in crude oil prices (CLQ26) weighed on sugar prices. Lower crude oil prices undercut ethanol prices and could persuade glo…
Salesforce receives double blow over an AI product
Salesforce (CRM) rarely draws a downgrade from two research firms at once. This week it did.
Corn Rallying Out of Bull Friendly USDA Report
Corn futures are trading with 6 to 8 cent gains so far on Friday following friendlier then expected USDA data. There were 12 deliveries issued against July overnight. The CmdtyView national average Cash Corn price is 6 …
Why Applied Optoelectronics (AAOI) Is Well Positioned to Capitalize on Hyperscale AI Networking Demand With Its Expanding Optical Order Backlog
Applied Optoelectronics, Inc. (NASDAQ:AAOI) is one of the best performing AI stocks over the last 3 years, with a 3Y CAGR of 144.7%.
Typhoon Bavi makes landfall in eastern China’s Taizhou after nearly 2 million evacuated
Streets were largely deserted in Taiwan's port city of Keelung, which is expected to be one of the hardest hit areas on the island.