The euro zone economy flatlined for a second month in June, barely expanding as the bloc’s dominant services industry showed only a small sign of improvement and manufacturing displayed none at all, a survey showed.
Euro zone growth stalls in June
Tesla shares soar after first robotaxi test rides hit the road
Tesla shares jumped after the electric-vehicle maker started testing its long-awaited robotaxi service, a key step toward proving the technology that CEO Elon Musk has for years touted as a crucial driver of its lofty valuation.
Oil falls as Iran focuses retaliation on US military base
Oil prices tumbled $5 a barrel after Iran attacked a U.S. military base in Qatar in retaliation for U.S. attacks on its nuclear facilities at the weekend, and took no action to disrupt oil and gas tanker traffic through the Strait of Hormuz.
Apple sued by shareholders for allegedly overstating AI progress
Apple was sued on Friday by shareholders in a proposed securities fraud class action that accused it of downplaying how long it needed to integrate advanced artificial intelligence into its Siri voice assistant, hurting iPhone sales and its stock price.
BlackRock ETF scoops up 3.25% of Bitcoin supply
BlackRock’s spot Bitcoin exchange-traded fund is nearing the $70 billion mark in assets under management, signaling growing interest from institutional investors even as retail inflows appear to be slowing.
Fed’s Daly says a rate cut in the fall could be appropriate
The fundamentals of the U.S. economy are moving to where an interest rate cut may be necessary, San Francisco Federal Reserve Bank President Mary Daly said, though she signaled a July rate cut would probably be too early.