Big Tech's 25 Billion AI Bet Faces Judgment Day as Earnings Season Begins
The five largest tech companies will reveal whether AI investments are generating returns when they report Q2 earnings over the next two weeks.
AI Chip Stocks Shed Trillion as Custom Silicon Threat Rattles Semiconductor Bulls
The AI trade that minted trillions in wealth is showing serious cracks as investors question whether massive infrastructure spending can generate adequate returns.
France vs England: World Cup Bronze Medal Match Preview as Mbappé and Kane Chase Golden Boot
Two of the world's greatest strikers face off one final time as France and England battle for third place at the 2026 World Cup in Miami Gardens tonight.
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Business
SpaceX Falls Below IPO Price for First Time as Tech Valuation Concerns Mount
Shares of Elon Musk's rocket-to-AI company dip below $135 offering price just five weeks after record $86 billion IPO, raising questions about sustainability of trillion-dollar valuations.
Finance
TSMC Smashes Earnings Records as AI Chip Demand Rewrites Semiconductor Industry Rules
Taiwan Semiconductor reports Q2 net income up 77% year-over-year to NT$706.56 billion, with gross margins exceeding guidance as insatiable AI demand breaks historical seasonal patterns.
Sports
Argentina Stuns England With Late Comeback to Reach World Cup Final Against Spain
Lautaro Martinez's 92nd-minute header completes dramatic Argentina comeback from 1-0 down, setting up Sunday's final against Spain as Messi chases back-to-back World Cup titles.
Business
12 States Sue to Block Paramount-Warner Bros Discovery Mega-Merger
California leads coalition of attorneys general arguing the entertainment industry merger would harm competition in film and cable television markets.
Finance
Wall Street Banks Smash Earnings Records as Goldman Posts Best Quarter in History
Goldman Sachs reports historic results with EPS nearly doubling while JPMorgan profits surge 41%, as trading revenues and investment banking fuel sector-wide beats.