Softbank Chief Rues Selling Nvidia Stake and Missing Out on 150 Billion
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MarketWatch - Business
Jeff Bezos aims to sell another $5 billion of Amazon stock, after earlier selling spree
The Amazon founder and executive chair has filed to sell up to 25 million shares, after he dumped 50 million in February. -
The Guardian - World
Biden says he’s best qualified to beat Trump, brushes off low polling and denies cognitive issues – live
President says in occasionally tense ABC interview he is not dropping out and believes he’s the best candidate to win. Full story: Biden calls Trump debate a ‘bad episode’Joe Biden has cancelled his upcoming Sunday address to the National ...Joe Biden -
The Hill - Politics
Nvidia's bumpy road
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Nvidia's rapid rise hits 'bumps in the road' After blowing past a $3 trillion market capitalization and briefly becoming the most valuable company in the ... -
The Guardian - World
Naomi Osaka rues swift Wimbledon exit while Coco Gauff marches on
Osaka ‘disappointed’ by 6-4, 6-1 Navarro lossDominant Gauff defeats Anca Todoni 6-2, 6-1When Naomi Osaka returned to the Tour in January, six months after giving birth to her daughter, she said she did not expect to hit top form until later this ... -
The Wall Street Journal - World
J2 Ventures Raises $150 Million to Finance 'Dual Use' Technologies
J2 Ventures has raised $150 million for its second venture fund, bolstering its strategy of backing startups and helping them secure capital through government grants and contracts. -
The Hill - Politics
Nvidia's rapid rise hits 'bumps in the road'
After blowing past a $3 trillion market capitalization and briefly becoming the most valuable company in the world last month, Nvidia has lost and regained hundreds of billions of dollars in value in recent days. While the chipmaker’s volatility ... -
Financial Times - World
SoftBank to prioritise AI deals over share buybacks despite pressure from Elliott
Japanese group’s top leaders seek ‘new investment activity’ after calls from hedge fund to return cash -
CNBC - Business
SoftBank stock hits its first record high in 24 years — Arm and AI helped it get there
SoftBank shares have been boosted by the improved financial performance in the Vision Fund and by a rally in the stock of chip designer Arm. -
Inc. - Business
E.l.f. Cosmetics Is Selling Real-World Products on Roblox
The beauty brand is one of many engaging with the video game platform--but its new expansion brings it into new e-commerce territory. -
NBC News - Politics
High stakes for Biden's political survival
The stakes could not be higher as donors and some Democratic lawmakers pull back their support for Mr. Biden. NBC News' Kristen Welker reports.Joe Biden -
The New York Times - Top stories
In the West Bank, Staking a Claim for Peace
These Palestinians say Arabs and Jews can live in peace. -
MarketWatch - Business
Ford’s EV sales surge, fueled by strength in F-150 Lightning electric trucks
Ford reported second-quarter U.S. electric-vehicle sales Wednesday that rose sharply from a year ago, boosted by strength in sales of its F-150 Lightning electric trucks. -
NBC News - Top stories
Triple-digit temperatures expected over July Fourth holiday; nearly 150 million under heat alerts
Heat warnings and watches are in effect for nearly 150 million people across 21 states for the holiday period, with dangerous and potentially historic extreme heat due for the West in the coming days and temperatures of 115 degrees possible. -
MarketWatch - Business
Nvidia is starting to act like its own asset class
Shares of Nvidia Corp. are growing increasingly disconnected from the average stock in the S&P 500, prompting one analyst to quip that the chip designer is starting to behave like its own asset class. -
MarketWatch - Business
What Nvidia investors can learn from the roaring 1920s and the radio bubble
Nvidia’s rise in the past two years shares some similarities with RCA’s in the bull run of late 1920s, representing an emerging hot technology, but one that also faced many questions. -
MarketWatch - Business
Nvidia’s stock gets a downgrade as AMD, TSMC shares are deemed top plays
New Street Research sees reason for “a more prudent view” on Nvidia’s stock. -
The Wall Street Journal - World
Your Old Clothes Are Worth Billions
Secondhand apparel retail is a booming business, but turning a profit is harder than it sounds. -
BBC News - Top stories
Body found in search for child missing in croc attack
Australian police have located the remains of a 12-year-old last seen swimming in croc-inhabited waters. -
ESPN - Sports
Scaloni: Don't worry about Messi penalty miss
Argentina national team head coach Lionel Scaloni warned against fixating on Lionel Messi's missed penalty after his team beat Ecuador at NRG Stadium in Houston, Texas to secure a slot in the Copa América semifinals. -
BBC News - Top stories
Camavinga misses great chance to put France ahead
France's Eduardo Camavinga misses a golden opportunity to give his country the lead against Portugal in Hamburg, during their Euro 2024 quarter-final match. -
The New York Times - World
Thursday Briefing: What’s at Stake in Britain’s Elections
Plus, an ally said Biden is considering leaving the race. -
Financial Times - Business
Activist investor Cevian takes stake in Smith & Nephew
Shares in London-listed maker of medical devices jump as holdings disclosed -
The Guardian - World
Democrats in disarray as Trump immunity ruling raises stakes
With democracy at a moment of maximum peril, millions were pinning their hopes on the Democratic party as a last wall of defence – but the debate changed that. “With fear for our democracy, I dissent.” So wrote supreme court justice Sonia ...Donald Trump -
MarketWatch - Business
Cathie Wood’s ETFs sell Tesla’s stock for the first time in 9 months
The sale comes after Tesla’s stock closed Tuesday at a six-month high after strong second-quarter deliveries data. -
MarketWatch - Business
Charter’s stock is down 20% this year — but Citi sees new reason to sell
Citi just downgraded Charter’s stock, warning that estimates could be too high. -
CBS News - Top stories
Iconic Texas painting saved from Goodwill sells for over $100,000
The same family owned the painting for a century, not realizing the artist was a Texas titan. -
The Wall Street Journal - World
Peloton Co-Founder John Foley Sells Manhattan Townhouse for $35.5 Million
The former CEO sold the 25-foot-wide redbrick West Village home in an off-market deal. -
The Wall Street Journal - World
Barclays Sells German Consumer Finance Business to Austria's Bawag
Barclays said its Hamburg-based Consumer Bank Europe—which offers diversified retail banking services to the German and Austrian markets—will be bought for a small premium to net assets.Germany -
The Wall Street Journal - World
Democrats' Economic Message Was Always a Hard Sell. Now It Has a Wounded Salesman.
President Biden and former President Donald Trump both could make a better case for their economic records, but Biden’s challenge is bigger. -
The Wall Street Journal - Business
Barclays Sells German Consumer Finance Business to Austria's Bawag
Barclays said its Hamburg-based Consumer Bank Europe—which offers diversified retail banking services to the German and Austrian markets—will be bought for a small premium to net assets.Germany -
NBC News - Top stories
Deepfake creators sell nonconsensual video on ‘hidden’ websites that take Visa and Mastercard
Fake sexually explicit videos of celebrity women from around the world are still being bought and using Mastercard and Visa credit cards. -
The Wall Street Journal - World
Ericsson Intends to Book $1.1 Billion Charge for Latest Quarter
The Swedish telecom-equipment company said lower-than-expected growth at its Vonage cloud subsidiary prompted the impairment charge. -
The Wall Street Journal - World
Shell to Take Impairment Hit of Up to $2 Billion
Shell expects to book up to $2 billion in post-tax impairments after delaying construction of a major biofuels plant as European energy majors grapple with weak market conditions, while trading in its core gas division is set to fall on quarter. -
Yahoo News - World
Indonesia dismisses its chief election commissioner over sexual assault
Indonesia -
The Hill - Politics
White House chief of staff Zients reassures staff amid Biden turmoil
White House chief of staff Jeff Zients told aides Wednesday to hold their heads high and tune out the noise as President Biden seeks to reassure Democrats after his rocky debate performance last week. On an all-staff call, Zients acknowledged the ...Joe Biden -
The Wall Street Journal - World
Supreme Court Chief Justice John Roberts Takes Back Control
In the term just ended, Roberts moved the law to match his priorities—and didn’t worry about getting liberal justices on board. -
ABC News - World
Indonesia dismisses its chief election commissioner over sexual assault
Indonesia’s electoral commission has fired its chairman after finding him guilty of sexual assault following a complaint by an employeeIndonesia -
The Wall Street Journal - World
Forward Air Names Jamie Pierson as Permanent Chief Financial Officer
Pierson joined the expedited trucker from MV Transportation. -
ABC News - World
Philippine military chief warns his forces will fight back if assaulted at sea
The Philippine military chief says his forces will defend themselves with “the same level of force” if they come under assault again from China’s coast guard in the disputed South China Sea -
The Guardian - World
Vatican’s chief of staff testifies in UK court in ‘trial of the century’
Convicted financier Raffaele Mincione is seeking to clear his name over Vatican’s €350m London investment. Pope Francis’s chief of staff has become one of the highest-ranking Holy See officials to testify in a foreign court, giving a British ...United Kingdom