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How many employees does Walmart have? Its workforce & layoffs explained
TheStreet31d agobearish
How many employees does Walmart have? Its workforce & layoffs explained

This may come as a surprise, but one of the world’s biggest winners of the artificial intelligence (AI) revolution isn’t actually a technology firm — it’s Walmart (WMT), the big-box discount retailer. Thanks to its early and aggressive bets on AI beginning in the late 2010s, Walmart has transformed ...

Bloomberg31d agoneutral
NFL Raises More Than $600 Million With High-Grade Private Bonds

(Bloomberg) -- The National Football League has sold more than $600 million in US high-grade private bonds, tapping a market that is a go-to source of funding for major sports franchises.Most Read from BloombergTrump’s 100% Generic Drug Duty Threatens US Low-Cost SupplyApple to Launch ‘Upgrade’ Device Leasing Program With Klarna to Spur SalesTrump Extends Pardons to Companies, Echoing a 17th Century KingSpaceX Set to Unlock $116 Billion in Shares After IPO Restrictions LiftKremlin Hardens Demand

10-Year Treasury Yield Nears 2026 Peak Amid Inflation Worries
The Wall Street Journal31d agoneutral
10-Year Treasury Yield Nears 2026 Peak Amid Inflation Worries

Treasury yields continue to tick higher alongside oil prices, putting the 10-year yield close to its 2026 high point. The yield on the 10-year note climbed to 4.648% in morning trading, according to Tradeweb, just shy of the 4.687% intraday high that it reached on May 19. The uptick in oil prices is making investors more worried about the inflation outlook, with traders now seeing a roughly 50% chance that the Federal Reserve raises interest rates twice before the end of the year.

Bloomberg31d agoneutral
Trump Takes Another Swing at Drug Industry in Made-in-USA Push

(Bloomberg) -- President Donald Trump’s threat of 100% tariffs against generic medicines is a major expansion of a strategy he’s been using against the pharmaceutical industry since his second term began. Most Read from BloombergTrump’s 100% Generic Drug Duty Threatens US Low-Cost SupplyApple to Launch ‘Upgrade’ Device Leasing Program With Klarna to Spur SalesTrump Extends Pardons to Companies, Echoing a 17th Century KingSpaceX Set to Unlock $116 Billion in Shares After IPO Restrictions LiftKrem

Bloomberg31d agoneutral
CoreWeave-Backed Data Center Plans $3.5 Billion Junk-Bond Sale

(Bloomberg) -- Galaxy Digital Inc. is planning to raise about $3.5 billion from a debut junk-bond sale to fund a data center tied to CoreWeave Inc., extending AI financing’s push into the riskier corners of the US credit market.Most Read from BloombergTrump’s 100% Generic Drug Duty Threatens US Low-Cost SupplyApple to Launch ‘Upgrade’ Device Leasing Program With Klarna to Spur SalesTrump Extends Pardons to Companies, Echoing a 17th Century KingSpaceX Set to Unlock $116 Billion in Shares After IP

Investing.com31d agoneutral
OpenAI plans $30B Georgia data center mega-project

Investing.com -- OpenAI is planning a massive data center complex in Effingham County, Georgia, near Savannah, according to The Wall Street Journal. The project underscores the extreme capital and energy demands required to power the next generation of AI. Core Project Details Power & Cost: OpenAI secured 3.2 gigawatts (GW) from Georgia Power—enough for ~2.4 million homes. It committed $20 billion locally to secure incentives, with total costs expected to exceed $30 billion at full capacity. Tim

AI isn't 'the whole game' for Alphabet: Strategist previews Q2 earnings
Yahoo Finance Video31d agoneutralVIDEO
AI isn't 'the whole game' for Alphabet: Strategist previews Q2 earnings

US stock futures (ES=F, NQ=F, YM=F) are sliding in Wednesday's pre-market trading as investors eagerly await second quarter earnings from Alphabet (GOOG, GOOGL) and Tesla (TSLA) after today's closing bell, officially kicking off earnings season for the Magnificent Seven. Morning Brief Host Julie Hyman is joined by Yahoo Finance Senior Reporter Pras Subramanian and Fundstrat economic strategist Hardika Singh to discuss the outlook around this earnings season and which segments of Alphabet's business that investors will be watching more closely.

Zelle must face New York attorney general lawsuit over 'rampant' fraud, judge rules
Reuters31d agobearish
Zelle must face New York attorney general lawsuit over 'rampant' fraud, judge rules

A judge rejected Zelle's bid to dismiss a lawsuit by New York Attorney General Letitia James, who said the electronic payment platform's refusal to ‌adopt critical safety features enabled fraudsters to steal more than $1 billion from consumers. In a decision ‌late Monday, Justice Phaedra Perry-Bond of a New York state court in Manhattan said James sufficiently alleged that Zelle's parent Early Warning Services "prioritized ​accessibility, convenience, consumer adoption, and market dominance at the expense of consumer safety" in rushing the platform to market, despite objections from its banking partners. Early Warning Services is owned by seven large U.S. banks: Bank of America, Capital One, JPMorgan Chase, PNC, Truist, U.S. Bank and Wells Fargo.