Markets ended higher as investors digested mixed earnings and the potential for future rate cuts.
The Dow gained 0.7%, while the S&P 500 added 0.4% and Nasdaq edged up 0.2%.
Fed officials signaled they're in no rush to cut rates with uncertainty over President Trump's new tariffs.
Major protests erupted outside the Treasury Department as over 1,000 demonstrators rallied against Elon Musk's growing influence within the government.
President Trump signed an executive order banning transgender athletes from women's sports and directing the DOJ to enforce the mandate immediately.
The White House walked back parts of President Trump’s proposal to take over Gaza, saying there's “no commitment to boots on the ground.”
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Disney reported a 44% jump, though warnings of Disney+ subscriber losses decreased shares by 1%.
Ford projected deeper EV losses of $5-5.5 billion; shares plunged 5.1%.
Qualcomm topped estimates with revenue up 18%, yet shares tumbled 6%.
Uber suffered after a $6.4 billion tax valuation release; shares fell 7.4%
Market movers
Google quietly removed its pledge not to use AI for weapons from its website, signaling a potential shift in military contracts.
Elon Musk's legal battle with OpenAI continued, as a judge called his claim of irreparable harm a “stretch.”
SoftBank is in advanced talks to acquire chip designer Ampere Computing for $6.5 billion, expanding its AI chip portfolio.
Stripe closed its largest acquisition to date, buying stablecoin platform Bridge for $1.1 billion.
TotalEnergies doubled down on US LNG investment, planning expansions at Cameron and Rio Grande facilities.
🌍 Global Perspectives
🇺🇦 Ukraine has sanctioned over 50 Russian and Iranian ship captains operating in Russia's shadow fleet.
🇨🇩 Over 100 female prisoners were killed during a mass jailbreak in Goma as M23 rebels captured the Congolese city.
🇨🇳🇺🇸 China formally launched a dispute at the WTO over President Trump's 10% tariffs on Chinese goods.
🇵🇭 The Philippine Vice President Sara Duterte was impeached after 215 lawmakers signed a petition citing corruption and death threats against the president.
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