Elon Musk is diving back into US politics, and Tesla investors are not happy about it. Tesla's stock price plunged on Monday after the billionaire said he would form a new political party.

CoreWeave (NASDAQ:CRWV), an AI hyperscaler, announced that it will acquire data center infrastructure provider Core Scientific (NASDAQ:CORZ) in an all-stock deal valued at approximately $9 billion. Shares of both companies fell on the announcement, with CoreWeave down 2.3% at $161 and Core Scientific down 15.9% at $15.

Speaking with reporters at Joint Base Andrews late Thursday night, Trump claimed the settlement was actually worth much more than $16 million.

CoreWeave (CRWV) reached an agreement to acquire longtime data center partner Core Scientific (CORZ) in an all-stock deal worth roughly $9 billion, the company said Monday.

David O'Reilly, Howard Hughes Holding CEO, joins 'Money Movers' to discuss the housing market, consumer demand, and rising costs of housing.

PSP is a strong sell due to persistent underperformance versus SPY and its high expense ratio, eroding any potential alpha. Private equity exposure can be achieved more efficiently by directly holding top players like Blackstone, KKR, and Ares, avoiding ETF fees. PSP's asset mix dilutes returns by combining best-in-class managers with weaker players, resulting in subpar performance.

Precious metals, especially gold, have historically been dependable repositories of wealth in terms of value retainage, especially during periods of government unrest and financial instability.

MSFT ramps up global Azure infrastructure with $80 billion AI data center push as cloud growth accelerates.

Newmont, the world's largest listed gold miner, announced on Friday that it would lay off 10% to 15% of its workforce at its Merian mine in Suriname, citing production declines.

Tesla's stock dropped following CEO Elon Musk's announcement that he is forming the "America Party," reigniting political tensions weighing on investors.

NEW YORK--(BUSINESS WIRE)--Nick Stevenson has joined SMBC Americas as Group Head of technology, media, and telecommunications (TMT) corporate and investment banking.

Vietnam's new U.S. trade deal imposes steep tariffs on sneaker exports, hitting brands like Deckers Outdoor Corporation and adidas AG due to their heavy reliance on Vietnamese manufacturing. Deckers stands out with strong revenue growth, disciplined cost control, robust cash reserves, and pricing power, making it well-positioned to absorb tariff shocks. Adidas, despite recent financial improvements, faces higher risk from tariffs due to heavy inventory, less pricing flexibility, and a premium valuation that leaves little margin for error.

Mission Produce emphasizes global sourcing, tech tools and product diversification to offset inflation and avocado oversupply pressures.

Precious metal ETFs like GLTR, PPLT, GLD and SLV shine in 2025, lifted by safe-haven demand, strong industrial consumption and tight supply.

LOS ANGELES, July 07, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP reminds investors of the upcoming August 25, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Hims & Hers Health, Inc. (“Hims” or the “Company”) (NYSE: HIMS) securities between April 29, 2025 and June 23, 2025, inclusive (the “Class Period”).

LOS ANGELES, July 07, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP reminds investors of the upcoming August 8, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Vestis Corporation (“Vestis” or the “Company”) (NYSE: VSTS) securities between May 2, 2024, to May 6, 2025, inclusive (the “Class Period”).

NEW YORK, July 07, 2025 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a global advisory, broking and solutions company, today announced that Alena Kharkavets has been appointed North American Head of Claims in its Insurance Consulting and Technology (ICT) business.

LOS ANGELES , July 7, 2025 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with losses related to Iovance Biotherapeutics, Inc. ("Iovance" or the "Company") (NASDAQ: IOVA) have opportunity to lead the securities fraud class action lawsuit.

LOS ANGELES , July 7, 2025 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with losses related to Elevance Health, Inc. ("Elevance" or the "Company") (NYSE: ELV) have opportunity to lead the securities fraud class action lawsuit.

Shareholders with losses of $100,000 or more are encouraged to contact the firm. LOS ANGELES , July 7, 2025 /PRNewswire/ -- Glancy Prongay & Murray LLP announces that investors with losses have opportunity to lead the securities fraud class action lawsuit against MicroStrategy Incorporated d/b/a Strategy ("Strategy" or the "Company") (NASDAQ: MSTR).