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Tesla said in a post on X on Friday that it has opened a new public Megacharger station in Bloomington, California, marking what the company’s team described as “the beginning of the Megacharger network.”

The company plans to expand its capacity by 30% in the next two years.

U.S. oil prices extended their summer rally and ended the week 16% higher at $82.49 a barrel, as producers from the Middle East to West Texas bet against the Strait of Hormuz returning to normal soon.

Boeing shares edged higher after the plane maker won back the authority to perform final safety sign-offs on its newly produced 737 MAX and 787 Dreamliner jets. Starting next week, Boeing employees, working on behalf of the Federal Aviation Administration, can issue airworthiness certificates, which airlines need before using the aircraft to fly passengers. Boeing had lost the privilege after a series of safety and quality problems.

The company would provide billions of dollars’ worth of data-center capacity under the arrangement, people familiar with the matter said.

📣 “The way that we see the long-term in Iraq is you are going to see that the Henry Hub and the Cushing of the U.S., for the Middle East will be in Iraq.” —Jake Spiering, Chevron’s incoming president for business development, on the oil major’s bet that Iraq will develop as the most important regional hub for physical oil-and-gas trading.

(Bloomberg) -- ConocoPhillips joined dozens of US firms from the energy, healthcare, finance and tech sectors in signing some $60 billion in deals to lift the Iraqi economy.Most Read from BloombergFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesChip Stocks Poised for Bear Market in AI Unwind: Markets WrapGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsChina’s Moonshot Unveils AI Model, Fueling Tech RoutThailand Scraps Plan to End Visa-Free Entry for Indian TouristsT

Investing.com -- Profit-taking in AI names, a decline in IBM, and a disappointing Netflix outlook have helped push markets lower this week, while rising oil prices offered one of the few pockets of strength.

Meta is in early talks to rent its computing power to Anthropic in what could be a multibillion-dollar deal, as the social media company plans...

Robinhood Markets (NASDAQ: HOOD) has had a busy few weeks. A new blockchain launch, a wave of Wall Street attention, and now, days before its next earnings report, a fresh vote of confidence from one of the biggest names on the Street. Goldman Sachs has raised its price target on Robinhood to ...

HONA combines aerospace scale, a sizable backlog and recurring revenue, with valuation hinging on consistent standalone execution.

The first significant over-the-air (OTA) software update has begun rolling out for the Rivian R2, adding key features like Launch Mode, Pet Comfort, Gear Guard, and a host of other improvements. While the new features and enhancements are welcome, Rivian (RIVN) is emerging as one of the only Tesla ...

July 17 () - Foodborne illness outbreaks have repeatedly disrupted U. restaurant chains, triggering recalls, lawsuits and heightened regulatory scrutiny while pressuring customer traffic and sales.

By Joey Roulette WASHINGTON, July 17 (Reuters) - SpaceX is targeting Monday for another attempt to launch its Starship rocket after a last-second abort during engine ignition on Thursday, a brief

Raj Subramaniam became the second-ever CEO of FedEx by taking every opportunity thrown his way—including his roommate’s job interview.

The "Shark Tank" investor has popularized the idea that consistent, modest investing can build substantial wealth by retirement. The concept is grounded in compound growth, and O'Leary believes the market's returns over 30 to 40 years do the heavy lifting. But with inflation running hotter than expected in 2026 and the U.S. personal saving rate at just 3.0%, the real question is whether ordinary savers can actually stay the course long enough for the math to work. … Kevin O'Leary Says Investing

MasterCraft’s 17.4% return over the past six months has outpaced the S&P 500 by 6%, and its stock price has climbed to $25.08 per share. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.

(Bloomberg) -- Latigo Biotherapeutics Inc. filed for an initial public offering, joining a growing list of biotechnology firms considering going public as soon as this quarter.Most Read from BloombergFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesChipmakers Bounce After Plunge to Bear-Market Edge: Markets WrapGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsChina’s Moonshot Unveils AI Model That Narrows Gap With US FirmsThailand Scraps Plan to End Visa-Free Entry fo

Investing.com -- Apple Inc. and the US Justice Department are in early discussions to settle a 2024 antitrust lawsuit, Bloomberg reported Friday.

By David Shepardson WASHINGTON, July 17 (Reuters) - The Federal Aviation Administration told Congress on Friday it will allow Boeing to issue airworthiness certificates for all 737 MAX and 787

A last-second engine abort scrubbed the 13th Starship test, with Musk targeting another attempt next week

(Bloomberg) -- Apollo Global Management Inc. is using a new confectionary-based metaphor to reiterate its longstanding claim that investors are vastly underestimating how much of the private-credit market carries an investment-grade rating.Most Read from BloombergFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesChipmakers Bounce After Plunge to Bear-Market Edge: Markets WrapGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsChina’s Moonshot Unveils AI Model That Narrows

The tech selloff has spread beyond semiconductor stocks to many of this year’s biggest listings, even as some Wall Street analysts argue the pullback is a healthy reset rather than the end of the AI boom.

(Bloomberg) -- San Antonio, one of the fastest-growing US metro areas, is tapping the bond market for almost $1 billion as part of an ambitious program to expand and improve its airport. Most Read from BloombergFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesChip Stocks Poised for Bear Market in AI Unwind: Markets WrapGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsChina’s Moonshot Unveils AI Model That Narrows Gap With US FirmsThailand Scraps Plan to End Visa-Free

Starship Launch Abort Sends SpaceX Stock Lower for Fifth Straight Session

Amazon stock has a high volatility skew with the tech giant's earnings due July 30. Use an advanced options strategy to aim for profit.

I have been following the Strait of Hormuz crisis since February 28, when the conflict first began rerouting the global oil trade in ways most investors underestimated. It's been 139 days. I covered Chevron CEO Mike Wirth's warning in May, when he said oil price pressure was building and buffers ...

Apple ‌and ‌the U.S. Department ​of Justice are in ‌early ⁠discussions about settling ⁠a 2024 ​lawsuit ​that ​alleges the ‌iPhone maker violated antitrust laws, ‌Bloomberg ​News ​reported ​on ‌Friday. Reuters could not ​immediately ​verify the ​report. (Reporting ‌by Jaspreet ​Singh in ​Bengaluru)

The past six months have been a windfall for Moderna’s shareholders. The company’s stock price has jumped 46.4%, hitting $62.97 per share. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.

SharkNinja and an energy drink stock hit all-time highs. Both are setting up as the earnings reports are due soon.