- A federal judge approved the U.S. Securities and Exchange Commission’s settlement with Elon Musk over his delayed disclosure of Twitter stock purchases while questioning whether the regulator treated the billionaire too favorably.
- Former chief White House ethics lawyer Richard Painter criticized President Donald Trump‘s trading of Dell Technologies Inc. (NYSE:DELL) stock as “egregious.” However, he added that even without the stock trade, publicly praising a specific company would violate federal ethics standards for executive branch employees.
- Sen. Mark Kelly (D-Ariz.) introduced his “Aging With AI Act” to study how artificial intelligence tools, including chatbots, were affecting older adults and to better understand the technology’s potential benefits and risks.
- Gov. JB Pritzker (D-Ill) said that the state is taking a proactive approach to AI oversight by requiring major developers to meet new safety and transparency standards while criticizing federal leaders for failing to enact similar regulations.
- Sen. Bernie Sanders (I-Vt) criticized billionaire investor Peter Thiel after the tech entrepreneur accused Pope Leo XIV of effectively aiding China by advocating stronger global regulation of artificial intelligence.
- Sen. Bernie Sanders (I-Vt.) argued that Microsoft Corp’s (NASDAQ:MSFT) recent layoffs and Xbox price increases undermine claims that large corporate tax cuts ultimately benefit American workers.
- The European Union (EU) has accused Meta Platforms Inc. (NASDAQ:META) of violating its digital laws due to the ‘addictive’ designs of its Instagram and Facebook platforms.
Software, Smartphones & Semiconductors
- Oracle Corp (NYSE:ORCL) disclosed its partnership with the International Motor Sports Association (IMSA) as the founding partner of IMSA Labs, launching the Oracle Cloud Innovation Studio.
- Microsoft Corporation (NASDAQ:MSFT) announced 4,800 job eliminations on Monday. The job cuts have sparked fears of artificial intelligence replacing human roles at one of the largest companies in the world, but the company has an explanation.
- Micron Technology Inc. (NASDAQ:MU) said it will increase its planned U.S. investments to more than $250 billion through 2035, driven by rising AI-related memory demand, while marking the first concrete pour at its Clay, New York, semiconductor fab ahead of schedule.
- Micron announced a long-term Strategic Customer Agreement with Ford Motor Co. (NYSE:F).
- Penguin Solutions Inc (NASDAQ:PENG) reported $478.71 million in revenue beating analyst estimates of $405.53 million and adjusted earnings of 84 cents per share, beating estimates of 54 cents per share.
- Nvidia Corp. (NASDAQ:NVDA)-backed Starcloud CEO Philip Johnston believes SpaceX’s (NASDAQ:SPCX) eventual IPO could be remembered as “the most undervalued IPO of all time,” predicting Elon Musk’s rocket company could exceed $10 trillion in market value as it becomes core infrastructure for space-based businesses.
- Nvidia CEO Jensen Huang said artificial intelligence is reshaping software engineering by shifting developers away from repetitive coding tasks and toward building AI agents, systems and tools designed to automate complex work.
- Nvidia pushed back against a report saying that its next-generation Kyber AI server platform has been delayed by a year.
- NVIDIA expanded its presence in life sciences AI through separate initiatives with Certara Inc. (NASDAQ:CERT) and Silo Pharma Inc. (NASDAQ:SILO).
- Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) sits at the center of the artificial intelligence supply chain, making it one of the most important companies behind the industry’s rapid expansion, according to Futurum Equities chief market strategist Shay Boloor.
- South Korean chipmaker SK Hynix launched a U.S. share sale aimed at raising about 43 trillion won ($28.07 billion) through the issuance of American depositary receipts (ADRs) listed on the Nasdaq.
- Apple Inc. (NASDAQ:AAPL) announced a new multiyear agreement with Broadcom Inc. (NASDAQ:AVGO) valued at more than $30 billion to design and manufacture custom silicon components and advanced wireless connectivity technologies in the United States.
- Apple lost its legal challenge against the EU’s landmark Digital Markets Act (DMA), which classifies its App Store and iOS operating system as “gatekeepers” subject to rules designed to boost competition.
- Apple’s long-rumored foldable iPhone could arrive later than the rest of the iPhone 18 lineup, with supply constraints potentially delaying preorders and sales until the fourth quarter of 2026, according to prominent analyst Ming-Chi Kuo.
Technology and Network, Artificial Intelligence (AI)
- Nokia Corp (NYSE:NOK) announced a technology partnership with NestAI to build capabilities for AI-enabled defense operations.
- Orange Belgium has selected Nokia as the sole supplier to modernize its transport infrastructure by combining fixed and mobile networks into a unified optical transport network across Belgium.
- Salesforce Inc. (NYSE:CRM) announced that it will invest $1 billion in Switzerland over the next five years to accelerate the country’s adoption of agentic artificial intelligence.
- Cloudflare, Inc. (NYSE:NET) disclosed a research pilot in collaboration with OpenAI, aimed at enhancing AI search efficiency by leveraging Cloudflare’s extensive network insights.
- Samsung Electronics Co., Ltd. (OTC:SSNLF) delivered the most profitable quarter in the company’s history. First-quarter revenue reached 133.87 trillion won (about $90 billion) and operating profit hit 57.23 trillion won (about $38 billion), both records, up 69% and 756% from a year earlier.
- Samsung Electronics has begun mass production of its latest enterprise solid-state drive, the PM1763, which will be deployed in Nvidia’s upcoming Vera Rubin AI platform scheduled to launch later this year.
- SpaceXAI launched Grok 4.5, its newest AI model designed to help users write code, complete complex work tasks, and handle research-heavy projects.
- The International Monetary Fund (IMF) said artificial intelligence is supporting the global economy through the technology-driven investment boom, but its latest forecasts do not yet assume any productivity gains from AI, while inflation risks remain elevated.
- Box Inc. (NYSE:BOX) CEO Aaron Levie said advances in artificial intelligence are rapidly expanding the ability of businesses to automate complex professional tasks, as newer AI models become more capable of handling specialized knowledge work.
- CEO Aaron Levie said businesses will increasingly combine advanced AI systems with lower-cost and specialized models as enterprise adoption moves from experimentation to scalable, efficient workflows.
- Palantir Technologies Inc. (NASDAQ:PLTR) expanded its presence in Mexico through a partnership with GNP Seguros, the largest insurer in the country.
Capital Markets, Entertainment & Broadline Retail
- Robinhood Markets Inc. (NASDAQ:HOOD) CEO Vlad Tenev said Wednesday that Trump Accounts was adding customers faster than many of America’s biggest technology companies, as the government-backed investment program neared 6 million enrollments.
- Tenev said he wanted every American to have exposure to the U.S. stock market, as the company expands access to investing through new products and international markets.
- Chinese authorities have reportedly held talks with leading tech firms, including Alibaba Group Holding Ltd. (NYSE:BABA), ByteDance, and Z.ai, about potentially restricting overseas access to Beijing’s most advanced AI models, including unreleased versions.
- Alibaba has decided to bar its employees from utilizing AI tools developed by Anthropic, citing potential security risks. The ban is set to come into effect on July 10.
- Netflix Inc. (NASDAQ:NFLX) is expanding into short-form video, striking licensing deals with major U.S. publishers including Penske Media, BuzzFeed Inc. (NASDAQ:BZFD), Conde Nast, Hearst Magazines and People Inc.
- FuelCell Energy Inc. (NASDAQ:FCEL) announced the launch of a $200 million offering. It will grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock sold in the offering.
Automobile & Spacecraft
- The National Highway Traffic Safety Administration Administrator, Jonathan Morrison, criticized autonomous vehicles, as well as the companies operating them, following instances of AVs interfering with law enforcement, as well as firefighters’ and paramedics’ operations.
- Global EV sales hit 2 million units during June 2026 amid a surge in demand across Europe, but weakening sales in China as well as the U.S.
- Rivian Automotive (NASDAQ:RIVN) raised a $1.2 billion via an offering of 75 million shares. It turns out it’s not just the company trying to raise money after initial deliveries of the R2 vehicle, one early owner of the highly anticipated electric vehicle is also trying to cash in.
- Ford Motor Co. (NYSE:F) is recalling 110,626 Mustang vehicles in the United States in two separate campaigns covering windshield wipers and rear differential parts.
- BMW — Bayerische Motoren Werke AG (OTC:BMWKY) is “here for the long game” in the United States as it completes a $1.7 billion investment in South Carolina and prepares to build fully electric vehicles at its largest plant, BMW of North America CEO Sebastian Mackensen said.
- President Donald Trump‘s Transportation Secretary Sean Duffy has hailed Toyota Motor Corp‘s (NYSE:TM) decision to shift production of the Tacoma pickup truck from Mexico to Texas.
- Jeff Bezos‘s commercial space flight company Blue Origin has reportedly sought to raise $10 billion in capital, pushing the Space Exploration Technologies Corp. (NASDAQ:SPCX) rival’s valuation to $130 billion.
- Japanese moon transport company ispace Inc. (OTC:IPCEF) said Wednesday it will start a lower-cost lunar cargo business using SpaceX Starship heavy rocket and moon lander, widening its bet on shared transport to the moon after two failed landing attempts.
- SpaceX has asked U.S. regulators for permission to launch and operate up to 100,000 satellites for a new third-generation Starlink system, a massive proposed expansion aimed at supporting faster broadband and growing artificial intelligence data needs.
- SpaceX has increased the prices of its Starlink satellite internet service’s aviation plans for in-flight Wi-Fi facilities.
- SpaceX’s Starlink can now provide reliable 10-gigabit-per-second upload and download connectivity anywhere in the world, marking a major step in the satellite internet network’s push from consumer broadband to high-capacity global data service.
- Tesla Inc.‘s (NASDAQ:TSLA) Model Y crossover SUV emerged as the best-selling model in the Chinese automotive market in June, as the Elon Musk-led automaker charts sales growth after a period of consistent declines.
- Tesla is developing natural-language voice commands that could let Full Self-Driving users describe precise drop-off locations with cues such as house colors, driveways, or nearby landmarks.
- A new competitor has emerged for Elon Musk and Tesla Inc.’s (NASDAQ:TSLA) humanoid-robot goals after a former Optimus team member announced a new company competing in the robotics space.
- CEO Elon Musk believes that the company’s Optimus Humanoid robot, as well as its Artificial Intelligence efforts, will enable accessible healthcare for all in the future.
- Anthropic’s cybersecurity-focused AI model is reportedly helping U.S. officials identify software vulnerabilities across government systems, marking a notable shift after the company weathered a contentious dispute with the Donald Trump administration.
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