Volkswagen jumps 5% on plans to cut 50,000 jobs amid tariffs, China competition - CNBC
Volkswagen shares jumped on Friday after it announced plans to slash a further 50,000 jobs as part of its transformation plan.
World's biggest sovereign wealth fund plans to cut U.S. Treasury holdings - cnbc.com
Norway's $2.3 trillion investment fund says it can diversify into new areas with greater risk and returns.
Asia stocks rise as reduced Fed hike bets lift tech; U.S. jobs data awaited - Investing.com
Asia stocks rise as reduced Fed hike bets lift tech; U.S. jobs data awaited
Popular squishy toys recalled over potentially deadly water bead hazard - Fox Business
More than 15,000 popular squeeze toys containing water beads face recalls as federal regulators warned of choking and death hazards for children.
Anthropic’s IPO set to test external trust with power over board - Financial Times
Public-market scrutiny will intensify pressure on the Claude maker’s unusual attempt to balance profit and purpose
"Welcome to the AGI era," OpenAI says as GPT-6 Astra debuts - Axios
Executives say this could mark the moment when artificial general intelligence equals human capabilities.
Tesla’s Make-or-Break Cybercab Had a Quiet Debut - WIRED
An invite-only event in Austin, Texas, kept online fans in the dark for hours.
Costco quietly pulls popular member perk seemingly without warning: 'Real bummer for the deals' - Fox Business
Costco members can no longer access the retailer’s Costco Next storefronts, which featured discounted camping gear, home goods, electronics, bicycles and even caskets.
Nvidia: The Market Will Come To Its Senses Eventually (NASDAQ:NVDA) - Seeking Alpha
Nvidia's Q2 blowout, margin gains, and Hugging Face deal power its AI lead, with AWS/SpaceX partners and modest valuation. Click for this NVDA update.