Published by CNBC on
Category: Markets
The appeals court said Trump had failed to provide any evidence that the Kennedy Center's fundraising would be harmed if his name is not attached.
Read full original story at CNBC60-word intelligence for high-speed updates.
Explore Hub
Real-time financial intelligence from global streams.
State Bank of India announced that SBI Funds Management has filed the red herring prospectus for its IPO. The offering is an sale of up to 203.71 million shares, with SBI divesting 128.33 million. The IPO opens for subscription on July 14, 2026.
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Indian equities posted their steepest single-day decline since March as rising crude prices, renewed Middle East tensions and weak global cues triggered broad-based selling. Analysts said geopolitical developments, earnings guidance and central bank decisions will shape the market’s near-term direction.
Connect your accounts, track total net worth, and receive smart analytics triggers inside a unified monitoring hub.
Despite a generally positive long-term outlook on gold, brokerages are adjusting their near-term expectations downward. Bank of America has notably decreased its average gold forecast for 2026 by fourteen percent. Similarly, JPMorgan is indicating that risks to its gold predictions appear to trend negatively. Analysts are presenting a wide range of price targets for gold, with current prices hovering around $4,060 per ounce.
There are a lot of fast-growing AI startups, but some are growing even faster, they say.
Precious metals saw further losses on 8 July, influenced by renewed Middle East tensions and a strengthening US dollar. Gold dropped to $4,050 and silver fell below $60, as escalating conflicts following US strikes on Iran raised concerns over inflation and interest rates.
Article URL: https://www.hmans.dev/blog/chatto-is-open-source Comments URL: https://news.ycombinator.com/item?id=48833116 Points: 114 # Comments: 20
The Manheim Used Vehicle Value Index for EVs — which tracks prices of used vehicles sold at its U.S. wholesale auctions — increased 12% compared to June 2025.
Solo general partner Ashley Smith just closed the second fund for Vermilion Cliffs Ventures, pulling in $25 million to back early-stage startups in AI infrastructure and security. The fund closure signals continued LP appetite for focused, thesis-driven micro-VCs even as broader venture markets remain cautious. Smith's doubling down on technical infrastructure plays comes as AI tooling and cybersecurity spending hit record highs across enterprise budgets. [Vermilion Cliffs Ventures](https://vermilioncliffs.
Palantir shares fell over 4% as investors sold high-valuation AI software stocks amid concerns over slower-than-expected AI adoption. Weak broader markets, insider selling, and bearish bets by Michael Burry added to pressure, signalling a wider rotation away from expensive technology stocks lacking clear near-term growth justification.
The sale will help us reduce overlapping exposure to the CPU renaissance.
Social Security's trust fund that helps pay retirement benefits is projected to run out in late 2032. New research finds that may pose serious economic risks.
SBI Funds Management has filed its red herring prospectus for an IPO comprising only an offer for sale by SBI and Amundi India Holding. The listing will offer investors exposure to India’s fast-growing mutual fund industry without raising fresh capital.
Indian markets declined sharply as rising crude prices, higher bond yields and renewed West Asia tensions hurt sentiment. Technical analysts recommended Alkyl Amines Chemicals and Ather Energy, citing bullish trends, strong momentum and favourable technical indicators.
Article URL: https://mistral.ai/news/robostral-navigate/ Comments URL: https://news.ycombinator.com/item?id=48832212 Points: 122 # Comments: 21
The Dow Jones Industrial Average fell 0.31%, the S&P 500 fell 0.36%, the Nasdaq Composite dropped 0.44%
Waymo has a big lead in the nascent U.S. robotaxi market, and is opening up in more cities.
Only 35% of U.S. adults define the American Dream as being part of a community. But one cannot thrive without the people around them, say experts.
Broadcom shares gained after Apple announced a multi-year chip supply agreement exceeding $30 billion. The deal expands US manufacturing, strengthens Broadcom’s custom silicon business through 2031 and supports Apple’s strategy to build a domestic semiconductor supply chain.
McConnell, the former longtime Senate leader who declined to seek an eighth term following a series of health scares, was admitted to a hospital on June 14.
The Nifty 50 fell 2.1% to 23,882, while the Sensex fell 2.1% to 76,503—their lowest levels since 30 March.
The rise in crude oil prices renewed concerns over inflation and India’s external balances.
Cupid shares fell 11% on July 8, reversing a strong 14-session winning streak. After hitting a record high of ₹226, the stock plunged to ₹197, marking its biggest single-day decline since January. Retail investors benefited significantly from its 1,416% rally over the past years.
Jeff Bezos is finally letting other people into his rocket ship. Blue Origin is raising outside capital for the first time in its 26-year history, sources tell CNBC's Andrew Ross Sorkin, valuing the space company at a staggering $130 billion. The move marks a dramatic shift for Bezos, who's personally bankrolled the venture since founding it in 2000, pouring billions into the company while rivals like SpaceX courted outside investors and soared past him in the commercial space race. [Blue Origin](https://www.blueorigin.
GitHub's former CEO is betting big on AI agents rewriting how code gets built. The executive just launched a developer tools startup focused on distributed Git infrastructure designed specifically for autonomous coding agents - a move that signals growing confidence that AI won't just assist developers, but fundamentally reshape version control itself. The timing couldn't be more strategic, as companies from [OpenAI](https://openai.com) to [Google](https://google.com) race to build coding agents that can write, test, and deploy software with minimal human oversight.
Wall Street opened lower after Trump said the Iran deal was over, triggering a risk-off sentiment globally. Rising oil prices added pressure on equities, with Dow, S&P 500 and Nasdaq slipping at the open as investors reacted to geopolitical uncertainty and potential inflation risks.
Article URL: https://nvd.nist.gov/vuln/detail/cve-2026-57589 Comments URL: https://news.ycombinator.com/item?id=48831658 Points: 101 # Comments: 39
[OpenAI](https://openai.com) is moving to publicly release its GPT-5.6 AI models, effectively ending government-requested restrictions that had kept the technology under wraps. The decision, confirmed Wednesday, comes just hours after the company received federal clearance and mirrors a similar move by rival [Anthropic](https://anthropic.com), which recently restored public access to its latest models following a weeks-long standoff with regulators. The shift marks a turning point in the escalating tension between leading AI labs and government oversight efforts. [OpenAI](https://openai.
Around 36% of employers said they provide coverage of GLP-1s for both diabetes and weight loss, the same as 2025 and up from 34% in 2024, the survey said.
Article URL: https://blog.cloudflare.com/meerkat-introduction/ Comments URL: https://news.ycombinator.com/item?id=48831565 Points: 108 # Comments: 17
Delta is launching basic business and other stripped-down premium classes that come with fewer perks.
Speculators now see just a 44% chance that traffic flows return to normal by Dec. 1.
When it comes to achieving artificial general intelligence (AGI), large language models just don’t have what it takes. Models like ChatGPT and Claude are great at text, but they’re less skilled at understanding how things actually move through space and time — an essential skill for producing intelligence that generalizes. That gap, it turns out, might be filled by gaming data. That’s the bet behind General Intuition, a […]
Oil is surging, and Apple announces more investments into U.S. manufacturing.
OpenAI's chief rival, Anthropic, recently restored access to its latest models following a weeks-long clash with the government.
Kusumgar Limited's IPO saw robust interest on its first day, subscribing 3.67 times with 3.99 crore shares bid against 1.08 lakh available. Non-institutional investors led the demand. The issue closes July 10, with a price band set between ₹398 and ₹419.
Bezos' Blue Origin is raising outside capital in a round valuing the rocket company at $130 billion, sources told CNBC's Andrew Ross Sorkin.
Several key government agencies continue to favour stricter controls on virtual digital assets, even as India has not yet finalised a clear regulatory framework for cryptocurrencies.
US stock futures indicated a weak start on July 8, amid rising crude oil prices and tensions in the Middle East. S&P 500 futures fell 0.8%, while Dow Jones and Nasdaq futures declined 1%. Investor sentiment weakened following US strikes on Iran amidst escalating conflict.
Dow Jones| Nasdaq | US Stock Market Today | Live: US stock futures tumble as Trump says Iran deal is 'over', oil climbs
India's benchmark bond faced a dramatic decline, its most significant drop in over three months, primarily driven by a surge in oil prices linked to geopolitical tensions. This alarming rise in crude prices threatens India's economic growth and inflation forecast, leading to a substantial uptick in bond yields and swap rates. Despite these challenges, foreign investors remain consistently interested in India's debt markets.
Kevin Weil, the former Chief Product Officer at [OpenAI](https://openai.com) who helped shape ChatGPT's meteoric rise, just joined the board of [Stoke Space](https://stokespace.com), a Seattle-based startup building fully reusable rockets. The move signals growing Silicon Valley interest in next-generation space hardware and marks another high-profile tech executive betting on the commercial space race. Weil's appointment comes as Stoke Space prepares to test its novel rocket design that promises to dramatically cut launch costs. [Stoke Space](https://stokespace.
Kevin Weil's new role at Stoke Space suggests reusable rockets are the next hot thing in Silicon Valley.
There have been few instances over the past 35 years or so when the Fed has only made one rate move, be it up or down.
The US has reinstated sanctions on Iranian oil and launches fresh strikes, reviving fears of disruption in the Strait of Hormuz and raising fresh concerns for India's energy security and inflation outlook.
Article URL: https://www.apple.com/newsroom/2026/07/apple-to-increase-spend-with-broadcom-to-produce-billions-more-us-chips/ Comments URL: https://news.ycombinator.com/item?id=48830565 Points: 102 # Comments: 52
Sebi has announced a modification to its foreign investor registration fees, shifting to a rupee-based model effective in six months. This adjustment stipulates that Category-I FPIs and FVCIs will be required to pay Rs 2.3 lakh. Additionally, the common application will now demand the date of birth from applicants, and depository participants must ensure that all fees are forwarded to Sebi within a five-day period.
[Apple](https://www.apple.com) just dropped its biggest bet on American manufacturing yet. The Cupertino giant is committing over $30 billion to expand its partnership with [Broadcom](https://www.broadcom.com), marking the largest domestic chipmaking investment in the company's history. The move signals Apple's determination to secure its semiconductor supply chain while answering political pressure to bring more tech manufacturing stateside. It's a watershed moment that could reshape how the entire industry thinks about chip production. [Apple](https://www.apple.
Mortgage rates barely moved last week and haven't moved much in more than a month. That is resulting in lackluster mortgage demand.
