Uplifting Echoes

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South Korean Stocks Tumble 6% as AI Jitters Hurt Chipmakers - Bloomberg.com

South Korean Stocks Tumble 6% as AI Jitters Hurt Chipmakers - Bloomberg.com

South Korean stocks were hit by renewed doubts over the sustainability over the AI buildout boom, which drove a selloff in chipmakers that have so far underpinned the market’s world-beating performance.

Stock futures edge up after weak start to July trading; jobs report ahead: Live updates - CNBC

Stock futures edge up after weak start to July trading; jobs report ahead: Live updates - CNBC

The major averages ended Wednesday's session lower, with the Dow erasing a 423.46-point jump ­that brought it to record highs to close just below the flatline.

SEC Probes Alleged Insider Trades That Cost Susquehanna Millions - Bloomberg.com

SEC Probes Alleged Insider Trades That Cost Susquehanna Millions - Bloomberg.com

The SEC is looking into Susquehanna International Group’s allegations that unknown insider traders made $100 million on options bets ahead of a recent Chinese regulatory crackdown on cross-border brokerages, according to a person familiar with the matter.

Giant troubled satellite TV company files Chapter 11 bankruptcy - thestreet.com

Giant troubled satellite TV company files Chapter 11 bankruptcy - thestreet.com

The satellite TV provider filed for bankruptcy to reorganize and allow its parent's wireless spectrum sale to AT&T to close.

California bans ‘sell by’ food labels - The Hill

California bans ‘sell by’ food labels - The Hill

A new California law went into effect Wednesday that bans “sell by” food labels as part of a statewide effort to cut down on food waste. Food manufacturers now must use one or both of two labels that indicate peak quality and product safety, indicated by “bes…

White House accelerates plans for AI model standards - Financial Times

White House accelerates plans for AI model standards - Financial Times

Guidance to be announced as soon as next week after government intervention in Anthropic and OpenAI rollouts

Bending Spoons defies SaaS slump, surges 40% on first day of trading - TechCrunch

Bending Spoons defies SaaS slump, surges 40% on first day of trading - TechCrunch

The company has grown rapidly by acquiring and revamping last-generation tech brands like AOL, Eventbrite, Evernote, Meetup, and Vimeo.

Meta AI Cloud Push Sends Nvidia, AMD, Intel, Micron Stocks Sinking - Yahoo Finance

Meta AI Cloud Push Sends Nvidia, AMD, Intel, Micron Stocks Sinking - Yahoo Finance

A report on Meta's AI compute plans sparked broad selling across chipmakers and AI infrastructure companies

Wedbush Initiates SpaceX Coverage With 'Outperform' Rating, $190 Price Target - Investor's Business Daily

Wedbush Initiates SpaceX Coverage With 'Outperform' Rating, $190 Price Target - Investor's Business Daily

Analysts at Wedbush gave SpaceX a price target of $190 a share. The stock fell more than 7% during Wednesday's session.