Daily most important stock market news.
Stock Market News
| Netflix beats estimates as ad-supported memberships rise 34% – CNBC |
| Domino’s Pizza narrowly misses quarterly sales estimates on muted demand – Reuters |
| Ford to spend $3 billion to expand large truck production to a plant previously set for EVs – CNBC |
| Meta explores stake in Ray-Ban maker EssilorLuxottica, FT reports – Reuters |
| Warner Bros Discovery mulls break-up to boost stock price, FT reports – Reuters |
| Saudia signs deal to buy 100 flying shuttles from Germany’s Lilium – Reuters |
| US weekly jobless claims increase more than expected – Reuters |
| Asia chip stocks tumble amid news the U.S. may consider trade curbs – CNBC |
Trends to Watch
Big Win: Intuitive Surgical Surges After Robotics Giant Blows Profit Forecasts Out Of The Water (Investor’s Business Daily)
Comeback:Nvidia rebounds after TSMC says AI chip demand remains strong (CNBC)
Pivoting: Ford’s EV plans are in flux once again as it invests $3B into its biggest trucks (TechCrunch)
Going Down: Average rate on a 30-year mortgage drops to 6.77%, lowest level since March (ABC News)
AI Craze: Bitcoin Mining Is So Back (Except It’s AI Now) (CoinDesk)
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