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Apple Crosses $5 Trillion as AI Infrastructure Stocks Fall Apart

CUPERTINO, July 30 -- On any other Tuesday, the number alone would have been the story. But when Apple Inc. AAPL briefly crossed $5 trillion in market value on July 29, the market was already busy des... Read More


US Treasury Buys Back $2 Billion of Long-Term Bonds in Active Debt Management

New Delhi, July 30 -- WASHINGTON - Bond traders who started Tuesday watching the Federal Reserve vote to hold its benchmark rate unchanged ended the day parsing a quieter signal from the other side of... Read More


Meta Shares Fall as Zuckerberg's AI Spending Acceleration Hits Investor Patience

NEW YORK, July 30 -- The number that sent Meta Platforms Inc. META stock down as much as 7 percent in after-hours trading Wednesday was not $60.8 billion. That was the quarterly revenue figure, up 28 ... Read More


eBay Pays $55.7 Million to Newsletter Couple Its Executives Terrorized With Cockroaches and Death Threats

BOSTON, July 30 -- David and Ina Steiner ran an e-commerce trade newsletter from their home in Natick, Massachusetts. They had covered the industry for twenty years. In 2019, the company they had spen... Read More


FTC Sues Hims & Hers Over Health Data Sharing With Meta and Snap

SAN FRANCISCO, July 30 -- What Hims & Hers customers told the company about their bodies went further than those customers believed. The Federal Trade Commission made that argument in federal court in... Read More


NextEra and Brookfield to Build $100 Billion Data Center Campus in Largest AI Infrastructure Bet Outside Tech

New Delhi, July 30 -- NEW YORK - The companies building artificial intelligence have not been building its power supply. That is about to change, and not through the hyperscalers. NextEra Energy Inc.... Read More


Binance.US Plans CFTC License Bid to Launch Prediction Markets

New Delhi, July 30 -- WASHINGTON - Retail traders who navigate offshore crypto wallets to bet on election outcomes and Federal Reserve decisions may soon have a regulated American alternative. Binance... Read More


Apple Beats on Every Line as Tim Cook Signs Off With a Record Quarter

New Delhi, July 30 -- CUPERTINO - Tim Cook's final earnings call as Apple's chief executive ran roughly an hour on Thursday, and when it ended, the company he leaves behind on September 1 had just del... Read More


MGM Resorts Posts Record $4.45 Billion Quarter, but Table Games Luck Did the Lifting

LAS VEGAS, July 30 -- The math worked in MGM Resorts International's favor at the Las Vegas Strip last quarter. Casino revenue at the company's marquee properties jumped 17 percent to $536 million in ... Read More


Jumalon Dominates Chips as WSOP Main Event Final Table Nears August 3 ESPN Broadcast

New Delhi, July 30 -- LAS VEGAS - Twenty-two years old, and Lucas Jumalon will walk into the most watched moment of the poker calendar on August 3 holding a position that tournament mathematics can on... Read More