Tech stocks go into free fall as it dawns on traders that AI has the ability to cut revenues across the board - Fortune

Tech companies are waking up to the fact that AI may be more likely to replace them than help them.

Is PayPal crashing out? - Morning Brew

The company’s stock has lost nearly half of its value in the last year. It’s tanked more than 84% in the last five years.

‘He’ll need to get the votes’: Why Warsh may struggle to get his way at the Fed - Politico

If Warsh wants to “deliver significantly lower rates, he’ll need to get the votes,” said Bill English, who formerly led the Fed's monetary affairs division.

Is a Tesla–SpaceX–xAI Merger Coming? Dan Ives Sees a ‘Growing Chance’ - TipRanks

SpaceX’s acquisition of xAI has sparked fresh optimism among Tesla ($TSLA) shareholders for a mega-merger inside Elon Musk’s empire. Notably, Wedbush’s five-star-rated analyst, Dan Ives, says there’s a “growing chance”

Trump administration presses efforts to ensure supply of critical minerals outside of China - AP News

The Trump administration is expected to unveil its grandest yet plan to rebuild the supply chains of critical minerals for everything from jet engines to smartphones. That's likely to be done through purchase agreements with partners on top of creating a $12 …

Alphabet And Amazon Earnings Previews: What’s Happening To Margins? (GOOG) - Seeking Alpha

According to Visible Alpha consensus, Alphabet Inc.'s total revenues expected for Q4 2025 have increased to $111.4 billion from $108.8 billion last quarter.

Market Rotates Out Of Tech; Two Big AI Movers Late - Investor's Business Daily

Consumer staples, regional banks, precious metals and industrials acting well.

Popular dining chain shuts all remaining locations, no bankruptcy - thestreet.com

The casual dining chain closes its remaining 28 locations nationwide.

Hollywood Guilds Raise Issues Over WB Sale Amid Congressional Hearings - Deadline

The WGA, PGA and DGA all submitted prepared testimony to the Senate antitrust subcommittee regarding the potential sale of Warner Bros.

Stephen Miran, Temporary Fed Governor, Resigns From White House Role - The Wall Street Journal

Miran’s Fed seat is provisional after his term expired last month; Trump likely to fill vacancy with Fed Chair nominee Kevin Warsh

Gold extends gains, breaking past $5,000; Asia stocks mostly track Wall Street losses on tech pullback - CNBC

Asia-Pacific markets mostly fell, tracking Wall Street losses as a sell-off in U.S. technology stocks weighed on sentiment.

Netflix struggles to defend Warner Bros merger at US Senate hearing - BBC

Concerns were raised by a subcommittee including potential price rises and the future of cinemas.

Anthropic’s Move Into Legal Is Sinking Data Services Stocks - Bloomberg.com

Once again, artificial intelligence is dominating investors’ attention in the stock market. These days, however, the focus is turning more and more toward companies that may get disrupted by the new technology rather than those who stand to profit from it.

China bans hidden car door handles, which can trap people after crashes - NPR

China has introduced new regulations, starting in 2027, requiring all car doors to open manually from both sides. Electric door handles can malfunction in a crash or battery failure.

Super Micro Computer Posts Higher Second-Quarter Profit on Two-Fold Sales Boost - The Wall Street Journal

Signs Point To Continuity On Disney Movie Studio Side As Josh D’Amaro Moves Into CEO Role - Deadline

What the Disney promotions of Josh D'Amaro and Dana Walden means for the future the movie studio.