Market news, minus the noise.
Weekly recaps, market analysis, broker comparisons and education, from the Bullwaves desk.
More from the desk.
McDonald's sales improved last quarter
McDonald’s Q2 results were boosted by the record-breaking Minecraft Movie Meal promotion, strong global sales, and continued digital expansion.
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Perplexity AI Offers $34.5 Billion for Google’s Chrome
Perplexity AI has made a bold $34.5 billion bid for Google’s Chrome browser following a DOJ antitrust ruling.
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European hotels to sue Booking.com
Almost 10,000 European hotels are taking collective legal action against Booking.com over alleged inflated costs from parity clauses.
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BlackRock shifts $561M from Bitcoin to Ethereum
BlackRock shifts over half a billion dollars from Bitcoin to Ethereum, suggesting a possible altcoin season.
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Spotify sees 12% rise in paid subscribers
Spotify’s user base reaches 696 million, but profits fall short due to rising expenses and AI tensions.
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Apple Q3 Beats, iPhone Drives $94 Billion Revenue
Apple beats Q3 expectations thanks to strong iPhone and Mac sales, while services continue to grow.
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OpenAI prepares to launch GPT-5 in August
OpenAI is set to unveil GPT-5 in August, a more advanced and flexible AI system combining multiple technologies.
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Trump Pushes Tech Firms to Prioritize American Workers
Trump calls on tech giants to stop hiring foreign workers, including Indians, urging a focus on U.S. jobs in AI.
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JPMorgan Explores Crypto-Backed Loans
JPMorgan considers launching crypto-backed loans amid growing institutional interest.
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China Bans OnlyFans in Latest Online Crackdown
China intensifies its digital regulation by banning access to OnlyFans, targeting foreign platforms.
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Ryanair doubled its second-quarter profits
Ryanair doubles profits thanks to fare hikes and strong summer demand
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IBM Replaced Hundreds of HR Workers With AI
IBM confirms it replaced HR employees with AI, but overall headcount increased as the company reinvests in AI and strategic roles.
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JPMorgan Chase will get involved in stablecoins
JPMorgan explores stablecoins despite CEO Jamie Dimon's skepticism, as major U.S. banks position for crypto-enabled payment innovation.
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Pentagon signs $200 million deal with Elon Musk
The Pentagon signs a $200M deal with Elon Musk's xAI for its Grok chatbot, amid controversy and political fallout with Donald Trump.
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OpenAI Set to Launch AI-Powered Web Browser
OpenAI is preparing to launch an AI-powered web browser aimed at disrupting Google Chrome’s dominance and redefining the way users browse the web.
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tesla open first indian store in mumbai
Tesla officially enters the Indian market with the launch of its Model Y, opening its first showroom in Mumbai and revealing plans to explore local R&D and manufacturing opportunities.
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Nvidia briefly reached a capitalization of $4 trillion
Nvidia briefly hits $4 trillion market cap, reinforcing its dominance in AI-driven growth and Wall Street's enthusiasm.
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Google launches Doppl a new app
Google has launched Doppl, an AI-powered app that lets users visualize outfits on a virtual version of themselves.
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IPhone Falls Behind as Android Gains 136% More Users
Android leads globally with 72% of the smartphone market, but iPhone users show higher engagement, income, and app spending.
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coinbase launches a credit card that gives 4% back
Coinbase is launching its own crypto-earning credit card, offering up to 4% back in Bitcoin.
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