Business
Trump Secures Clarity Act Ethics Deal: Senate Vote Next
Morgan Stanley's E*Trade just opened spot trading to 8.6 million retail clients as the Clarity Act heads to the Senate floor following a finalized ethics deal.
Business
Morgan Stanley Downgrades Adobe to ‘Underweight’ Over AI and Leadership Transition
Morgan Stanley slashed Adobe's price target from $365 to $240, driving shares down 4% amid fears of generative AI competition and a massive executive overhaul.
Business
Volkswagen Finally Confirms Secret Amarok SUV Prototype as a Prado Rival Looms
Volkswagen confirmed the existence of a secret Amarok SUV prototype that was killed over scalability concerns. Now, the brand is targeting a third-generation revival to fight the Toyota Prado.
Business
Cardano Rebounds 9% to $0.1763 After US CPI Drop as Whales Buy 25.65 Billion ADA
Cardano (ADA) rebounded 9.3% to $0.1763 following the drop in the June US CPI, triggering ADA whales to accumulate 25.65 billion tokens at their fastest pace since 2023.
Business
General Motors Targets $47 Billion Revenue in Q2 Earnings as Sierra Sales Surge
General Motors is scheduled to report its Q2 earnings Tuesday morning, with Wall Street expecting revenue to approach $47 billion despite a 4.2% drop in domestic vehicle volume.
Business
FTC Bans Celsius Co-Founders From Crypto Industry, Imposes $16.5M Settlement Over 2022 Collapse
The FTC just permanently banned the co-founders of Celsius Network from the financial industry, forcing Mashinsky, Leon, and Goldstein to pay a combined $16.5 million over the 2022 collapse.