Abril Elfi
L.A. Man Found Guilty Of Scamming Over $20M From Investors, Hollywood Stars
A man from Malibu has been convicted after scamming over $20 million from investors and Hollywood stars.
Air Force One
Trump Brushes Off China’s Tariff Retaliation, Asserts His Policies Won’t Change
President Donald Trump stood by his “Liberation Day” reciprocal tariff package on Friday, telling investors that his “policies will never change,” after China attempted to retaliate with a 34% tariff on U.S. goods.
AI
Nvidia’s earnings to be a test of AI chip demand as DeepSeek sows spending doubts
Demand for Nvidia’s pricey artificial intelligence chips will be in focus when the company reports results on Wednesday.
AMERICA FIRST LEGAL
Florida Files Lawsuit Against Target Over DEI Policies
The Sunshine State has filed a federal lawsuit against Target, claiming the retail chain misled investors by failing to disclose that they would be selling diversity, equity and inclusion (DEI) merchandise, specifically for its LGBTQ+ Pride merchandise line in 2023.
9th U.S. Circuit Court of Appeals
US Supreme Court tosses case involving securities fraud suit against Facebook
The Supreme Court sidestepped a decision on whether to allow shareholders to proceed with a securities fraud lawsuit accusing Facebook of misleading investors.
737
Boeing fine-tunes job cuts as major buyer slams 777X jet delay
Boeing faces a crucial test with employees, customers and investors after announcing 10% job cuts and $5 billion in charges as a crippling machinists strike enters a fifth week.
Adam Kovacevich
US plan to break up Google’s search dominance threatens profit engine, AI growth
The U.S. Department of Justice’s proposed remedies to break up Google’s search dominance could weaken its main profit engine and stall its advances in AI.
benchmark interest rate
Federal Reserve Meets, Decides To Cut Interest Rates Before 2024 Election
At their meeting on Wednesday, the Federal Reserve cut its benchmark interest rate by a half percentage point, satisfying investors who had been expecting a strong move given the weakening employment picture.
Apple
Wall Street Makes A Comeback: Dow Jumps Over 500 Points After Monday’s Horrific Stocks Day
Wall Street somewhat rebounded from a disaster on Tuesday, as main stock indexes grew over 1%. Investors searched for bargains after a global stock selloff and panic of a possible recession occurred on Monday.
2022
Federal Reserve Holds Interest Rates Steady For 2 Decades, Leaves Door Open For Cuts
While maintaining interest rates at their highest point in over 20 years on Wednesday, the Federal Reserve made a suggestion that lower borrowing costs may soon be implemented by policymakers due to slight recent improvements in inflation.