Tuesday’s market moves was one of the more disturbing days of late, says Goldman Sachs pro

Chinese space-technology players are closing in on Elon Musk’s company and looking to grow their reach, experts say.

Google is letting users sign into their accounts by taking videos of themselves. “Selfie video is a new way to get into your account, giving you more options if you’re ever locked out or don’t have access to your usual phone or computer,” the tech giant wrote in a Thursday (July 23) blog post. To set up…

Key Points Hyperscalers are raising their capital expenditure budgets as prices for DRAM and high-bandwidth memory explode. Rising memory and storage prices are cutting into free cash flows and eroding gross margins for big tech. Memory makers Micron and Sandisk are benefiting enormously from the AI supercycle. 10 stocks we like better than Micron Technology…

Warner Bros. Discovery CEO David Zaslav made a $68 million bid to buy the summer camp his kids attended. Zaslav’s Grandview Ventures reached a deal with Simad Holdings to provide the stalking horse bid for Camp Mohawk in Westchester County. Camp Mohawk’s parent company Simad Holdings filed for bankruptcy in June after it defaulted on…

“The ability to transform raw materials and other inputs into demanded goods and services increased by more than a factor of 2.0 in the US compared to Canada, which explains much of our languishing living standards,” said Fuss. Francis Fong, managing director and senior economist at TD Bank in Toronto, previously said that “past efforts of…

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