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) |
Image by StockSnap from Pixabay