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Stock indices climbed today as the S&P 500 and Dow Jones Industrials hit new all-time highs. Strong tech earnings from companies like Palantir pushed markets up. Meanwhile, crude oil prices fell on hopes of a US-Iran deal. Treasury Secretary Bessent said: “T chance we may have a deal.”
Mode Mobile, a Chicago-based smartphone company, opened its Series A offering at $0.52 per share. Non-accredited investors can participate through August 14. The firm uses its EarnOS software to pay users for daily activities. CEO Dan Novaes said the company’s vision is a "privatized universal basic income" for many people globally.
Ford Motor Co shares fell 1.35% to $14.24 on Tuesday after the company reported weak July sales. Total U.S. vehicle sales dropped 10.2% to 169,951 units. Investors got worried as electric vehicle sales plummeted 74.9%. Many now fear that softening demand and lower sales will hurt profit margins later this year.
SoftBank shares jumped 10% on Wednesday as Asian tech stocks tracked a strong Wall Street rally. Major U.S. indexes hit record highs after robust earnings and lower oil prices. Strategist Andrew Jackson said the rally "reinforced the bullish outlook for Asian AI names," helping chipmakers across the region gain momentum.
Seven-year-old Whatnot is one of the fastest-growing shopping platforms in America. Users bid on items through the app, but some people lose control and spend too much money. "I just kept telling myself one more time," Harding said. This easy swipe feature makes it hard for many to stop.
The El Niño on track to become the most powerful of the past 76 years is strengthening rapidly. Since forming in June, this event poses a major threat to fragile economies already roiled by conflict in the Middle East. Many nations now face a difficult struggle against these extreme weather patterns.
Airlines are now bringing no-frills fares to business and first class cabins. These changes started with economy tickets, where many passengers often miss the fine print. Experts say travelers should look again before booking. These restrictive rules show how airlines want you to avoid buying their cheapest tickets for travel.
Philippine inflation slowed for a third month in July, reaching 6.2% compared to last year. The Philippine Statistics Authority said this drop gave the central bank room to assess data before deciding on interest rates. This trend helps many families as the economy tries to manage prices and keep growth steady.
Faraday Future Robotics sold a record 152 units in July, marking its strongest monthly performance to date. The company reached 394 total units sold this year. Following new robotics policies, it started a “Built in USA” program to expand its AI ecosystem. Investors now look toward the August 17, 2026 earnings report.
China’s CXMT is considering building a second memory chip plant in Beijing after a record-setting IPO. The firm is in early stage talks to expand its manufacturing capacity. By targeting the gap left by Samsung and Micron, CXMT hopes to compete globally while meeting the needs of China’s domestic market.
HSBC announced a fresh $1 billion share buyback after reporting a $10.1 billion pretax profit for the second quarter. The London-headquartered bank beat earnings estimates and raised its cost-cutting target. This move shows the bank is doing well, giving investors more confidence as it manages its global business operations effectively.
Nedbank Group Ltd. said first-half profit rose marginally to 8.41 billion rand in the six months through June. The South African lender got a boost as loans growth improved and fee income grew. While expenses stayed low, the dividend fell short of market estimates, showing a cautious path for the bank.