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American Express Stock Falls 20% From December High as Expenses Climb

American Express shares trade near $310, about 20% below their December 2025 high, as rising expenses and slower earnings growth weigh on the stock.

Iran Sends US Peace Terms via Qatar as Oil Crosses $100 a Barrel

Iran's security chief says Tehran has sent Washington conditions to end the war through Qatar, including lifting the US naval blockade, as oil crosses $100

American Express Stock Falls 20% From December High as Expenses Climb

American Express shares trade near $310, about 20% below their December 2025 high, as rising expenses and slower earnings growth weigh on the stock.

US and China Hold Final Trade Talks Before Sept. 24 Trump-Xi Summit

Bessent, Greer and He Lifeng met in New York on Sunday to prepare for the September 24 Trump-Xi summit.

China Controls 90% of Rare Earths as Trump-Xi Summit Nears

China controls 90% of rare earths as Trump and Xi prepare to meet Thursday, with export restrictions hanging over the talks.

EU Clears $55 Billion Electronic Arts Buyout Led by Saudi Arabia’s Wealth Fund

The European Union has cleared the $55 billion take-private acquisition of Electronic Arts led by Saudi Arabia's Public Investment Fund, Silver Lake and Af

Rivian Trims 2026 Spending and Narrows Loss Guidance in Second-Quarter Results

Rivian scaled back its 2026 capital spending and narrowed its projected losses as the EV maker reported second-quarter results amid sector pressures.

MiniMax Launches H3 Video AI Model With Open Weights, Challenging ByteDance on Price

Chinese AI firm MiniMax has launched its H3 multimodal video generation model with open weights and low pricing, challenging ByteDance's Seedance.

Oil Giants Set to Report Bumper Profits as US-Iran Conflict Drives Up Fuel Prices

Exxon Mobil and Chevron are expected to report strong Q2 profits as the US-Iran conflict disrupted Strait of Hormuz shipments and drove fuel prices higher.

Trump Media Launches Paid Service Offering Faster Access to Truth Social Posts

Trump Media and Technology Group has launched a subscription service giving paying clients faster access to Truth Social posts, with tiers up to $100,000 a

South Korea’s KOSPI Posts Record Rally as Chip Giants Fuel Global AI Trade Optimism

South Korea's KOSPI logged its best-ever day as Samsung and SK Hynix surged on AI demand, while the Bank of Japan held rates steady.

Oil Tops $100 as Iran War Widens, Squeezing Consumers at Pumps and Stores

Crude oil surged past $100 a barrel amid renewed Middle East fighting, pushing gasoline above $4 a gallon and threatening higher costs for U.S. shoppers.

Apple Faces $460 Billion Selloff as Chip Shortages Cloud Growth Outlook

Apple is heading for a $460 billion market value drop, its worst post-earnings slide in 13 years, after cautious guidance tied to chip shortages.

Top Certificate of Deposit Rates Reach 4.35% as Savers Seek Long-Term Yields

Certificate of deposit rates are reaching up to 4.35% APY this summer, drawing savers seeking fixed returns amid uncertainty over future interest-rate cuts

Analysts Downgrade Roblox as Platform Transition and Age Checks Slow Monetization

Analysts at BMO and Deutsche Bank downgraded Roblox as a platform transition and new age-verification system weighed on second-quarter monetization.

Fed Dissenters Defend Rate Hike Votes, Warning Inflation Demands Immediate Action

Federal Reserve officials who backed higher interest rates say immediate action is needed as inflation stays above the 2% target for over five years.

Citadel Acquires Bulk of Situational Awareness’s Stock Portfolio After AI Losses

Citadel has acquired most of Situational Awareness's stock holdings after the fund suffered heavy losses tied to a decline in AI shares.

Aschenbrenner’s AI Hedge Fund Faces Margin Calls, Drawing Comparisons to LTCM Collapse

Leopold Aschenbrenner's AI hedge fund Situational Awareness faces margin calls after a 439% surge, drawing comparisons to the 1998 collapse of LTCM.

Micron Shares Slide After Tim Cook Signals Push for More Memory Suppliers

Micron stock slid after Apple CEO Tim Cook signaled a push to diversify memory chip suppliers amid rising prices, unsettling investors betting on pricing p

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