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Chip stocks are crashing as the rest of the market barely flinches: AlphaCheck Yahoo FinanceMicron, SK Hynix stocks sink as AI chip sell-off deepens Yahoo FinanceChip Rout Deepens on Circular Funding, China Competition Fears BloombergWhat's Behind the Selloff in Chip Stocks? WSJ
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Nasdaq-100 slides into correction as global chip and memory stocks sell off NBC NewsStock market today: Nasdaq pares losses as chip stocks sell off, S&P 500 and Dow rise Yahoo FinanceThe Dow jumps as the AI trade wobbles. Plus, a portfolio name goes on the M&A hunt CNBCWall Street's flip from AI stocks to elsewhere accelerates, while oil prices keep easing AP News
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The Nasdaq Composite index fell over 1 percent when markets opened in the United States, following deep declines across Asia earlier in the day.
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Michael Rubin's sports empire recently made a sizable purchase. It foreshadows the brand's long-term strategy in the marketplace.
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MLB rumors: Tarik Skubal market crystallizes; why Padres would consider Mason Miller trade; a CJ Abrams catch CBS SportsWill Tigers trade Tarik Skubal? Ranking five best deadline destinations Yahoo SportsTrade Deadline Outlook: Detroit Tigers MLB Trade RumorsTarik Skubal blockbuster deal likely isn't part of Dodgers' trade-deadline plans Los Angeles TimesMLB Reacts
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Coca-Cola said demand for its drinks rose in every market in the second quarter, helped in part by the World Cup.
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The automaker is releasing limited-run Broncos like Nike releases shoes. The scarcity playbook now works in almost any category.
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The letter is part of the commission's public comment period for the first draft of its proposed rule on regulating prediction markets.
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Also in today's newsletter: Indonesia's central bank chief resigns and Nvidia bets $5bn on Ilya Sutskever's AI breakthrough
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The law, which would make it a felony for most prediction markets to operate and advertise in the state, was set to take effect on Saturday.
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