Daily insights, the most important stock market news.
Top Stock Market News
| CrowdStrike CEO apologizes for tech outage, says systems should be recovering -NBC – Reuters |
| Microsoft says it restored cloud services after they suffered outage – CNBC |
| AmEx’s quarterly profit beats estimates on robust spending – Reuters |
| Activist Elliott reportedly has a significant stake in Starbucks, in talks with management – CNBC |
| UK retail sales fall by more than expected in June, ONS says – Reuters |
| SunPower stock collapses to nearly $1 as company halts leases, installations and shipments – CNBC |
| Berkshire sells around $1.48 bln Bank of America shares, filing shows – Reuters |
| Oil falls $1 a barrel with Gaza ceasefire in sight, easing supply fears – Reuters |
| Activist Starboard took a stake in Match. Here are steps the investor may take to help lift shares – CNBC |
Trends to Watch |
| A Global Sanctions Evasion Hotspot: Illicit chip flows to Russia seen slowing, but China, Hong Kong remain transshipment hubs (Reuters) |
| Gradually Inching Higher: Bitcoin price advance toward $68K sets a bullish path for SOL, ICP, GRT and BONK (Cointelegraph) |
| Lingering Pain: More than 1,500 US flights canceled for the third day straight as airlines slowly recover from global tech outage (CNN) |
| Bank Trouble: Half of large U.S. banks are failing on operational risk, secret report finds (Fortune) |
| Energetic Acquisition: Woodside Doubles Down on U.S., LNG With Tellurian Takeover (Wall Street Journal) |
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