In This Story The Nasdaq and other major indices saw gains on Tuesday morning following a strong earnings report from Palantir. Meanwhile, investors are anticipating President Trump’s next move as China responded to Trump’s new tariffs by promising to implement its own import taxes starting next week. What DeepSeek’s AI breakthrough means for Meta, OpenAI,…
Good morning, Quartz readers! HERE’S WHAT YOU NEED TO KNOW Elon Musk is mad he didn’t get an invite to California’s upcoming EV party. The Tesla CEO is upset that market share limitations on a tax credit in the works would block his company from the benefit. Donald Trump’s best and worst cabinet picks, according…
Hello, Quartz members, and welcome to Sunday Reads! Donald Trump is back, and like him or loathe him, you’ll be living in his world for the next four years. So pull up a chair and take a read of some of our best stories of the week, plus a look at what’s coming next week….
Good morning, Quartz readers! HERE’S WHAT YOU NEED TO KNOW Donald Trump won the presidency. Here’s what that means for everything from tariffs to immigration. Sales of Novo Nordisk’s blockbuster weight loss drug Wegovy continue to soar Wall Street was exuberant at the Republican’s win. Markets soared the day after the election was called. One…
Starbucks headquarters at Starbucks Center on July 3, 2024 in Seattle, Washington.Image: David Ryder (Getty Images) Starbucks (SBUX) has warned its corporate staff that failing to work in the office three days a week could lead to termination. The mandate is part of the coffee chain’s “standardized process,” set to launch in January, according to…
Photo: Rick Gershon (Getty Images) In This Story It was a mixed day for investors, as the Dow dropped over 200 points and the Nasdaq jumped after Tesla’s better-than-expected earnings report. In the afternoon, the Dow dropped 203 points, or 0.4%, to 42,311. Meanwhile, the Nasdaq and S&P 500 popped up 0.6% and 0.1%, respectively….
Photo: xPACIFICA (Getty Images) In This Story The Dow surged over 300 points Wednesday as investors awaited the release of the Federal Reserve minutes at 2 p.m. Also getting attention is this week’s coming inflation report, which will provide further insight into the state and the direction of the economy. Moreover, oil prices have declined,…
Photo: Michael M. Santiago (Getty Images) In This Story The Dow and S&P were lower Wednesday morning as escalating tensions between Israel and Iran pushed crude oil prices higher. West Texas Intermediate and Brent surged nearly 3% in the morning trading. Buy Costco and American Express stock as inflation cools, analyst says The continued rise…
Good morning, Quartz readers! HERE’S WHAT YOU NEED TO KNOW Mark Cuban has words for Elon Musk. Those words are about Donald Trump, and they are: “His loyalty is only to himself.” AT&T is selling its stake in DirecTV AI is going nuclear in Michigan. Plans are being finalized to restart a nuclear reactor to…