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Wall Street’s record-setting start to the week ran into two familiar sources of volatility: the artificial intelligence trade and oil. The Dow Jones Industrial Average on Monday closed above 53,000 for the first time ever before renewed U.S.-Iran tensions erased those gains, leaving the blue-chip index down 0.5% for the week. Chip stocks — once the hottest corner of the market — also swung sharply as investors continued to question whether the AI trade had become overextended. Even so, the tech-heavy Nasdaq gained 1.74% for the week, while the S & P 500 rose 1.23%. Both indexes have finished higher…

Welcome to Edition 9.02 of the Rocket Report! Our attention in the coming days turns to Asia, where there are a couple of notable rocket debuts. Up first is the Long March 10B on Friday, a medium-lift rocket with a reusable first stage. After launch this stage will attempt a landing on a recovery ship. Then, as early as Sunday, the private Indian company Skyroot may attempt to launch its first rocket, Vikram-1. As always, we welcome reader submissions, and if you don’t want to miss an issue, please subscribe using the box below (the form will not appear on…

Overlooked market areas may have a banner second half of the year.ETF Action co-founder Mike Akins is encouraging investors to boost exposure to groups that underperformed compared with major artificial intelligence stocks.He told “ETF Edge” this week that his list includes software and cloud computing names. Many have fallen from “nosebleed valuations” and have “very strong growth scenarios.””These companies prove that ‘yes,’ we still do need software to do our day-to-day jobs,” Akins said.He is also flagging disruptive technology as a strong buy for the next six months.”It’s a thematic strategy,” Akins noted. “It kind of plays a little bit…

Investing.com — While the United States and China remain far ahead in the global artificial intelligence race, a report from Bank of America says a handful of countries are emerging as the strongest contenders to benefit from the next phase of AI development. Track AI leaders and market movers with InvestingPro – now 60% off The brokerage said the AI landscape is becoming increasingly concentrated around the U.S. and China, with Washington retaining its lead in private investment, advanced chips and computing infrastructure, while Beijing benefits from manufacturing scale, lower energy costs and dominance in processed critical minerals. Rather than…

Throughout the regulations, the agency proposed changes that would keep animals on the land. Mark Squillace, a law professor focused on natural resources at the University of Colorado Law School, noted that if a rancher appeals an unfavorable ruling, it is automatically paused, meaning the rancher can continue the very practices that had been found to be harmful. “That effectively invites everyone to appeal to avoid the decision,” Squillace said. “That is a disaster.” The new regulations also elevate cows’ status as firefighters, making it easier to place herds on public lands under the justification that they eat vegetation that…

U.S. President Donald Trump speaks during an event to mark the launch of “Trump Accounts” in the Oval Office at the White House in Washington, D.C., U.S., July 6, 2026. Evan Vucci | ReutersTrump Accounts officially launched on July 4, introducing a new tax-deferred investing option for children. Unlike 529 college savings plans and other accounts designed for education or shorter-term expenses, these accounts are geared towards retirement and intended to help build long-term wealth.”Trump Accounts level the playing field by allowing every parent to invest in their children’s future, not just wealthy families with trust funds,” a Treasury spokeswoman…

Brain-computer interfaces, a nascent technology, establishes a direct link between human minds and devices.BrainCoElon Musk’s Neuralink, which uses implants in people’s heads to compensate for disabilities, has become the poster child for so-called brain-computer interfaces (BCI). But some companies are betting that mass-market neural tech won’t require opening the skull at all.BCI works by processing brain signals and translating them into commands, allowing external devices to be controlled by thought. Funding for startups in the field is a fraction of the capital flowing into artificial intelligence. But interest in the nascent field is rising as companies notch up milestones, such…

With 2026 a bit more than half over, Berkshire Hathaway’s B shares are down 1.8% year-to-date and 12.4 percentage points behind the S&P 500’s 10.7% gain. Source link

WD 1856 b is the only confirmed case of a planet that survived the death of a Sun-like star. It’s a Jupiter-size world orbiting a white dwarf—the burned-out remnant of a Sun-like star. Now, a team of astronomers has used the James Webb Space Telescope to take a closer look at this planet for the first time, and what they found makes an already strange system even stranger. A feeding frenzy WD 1856 b was an accidental discovery. Astronomers pointed the TESS observatory at a sample of roughly 2,000 white dwarfs in 2020. These stars are the remains of a…

The Chancellor tells Laura Kuenssberg she will be handing over a stable economy to the incoming PM. Source link