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Tesla also scrapped its mission to ‘accelerate the transition to sustainable energy’ with a new goal of building ‘a world of amazing abundance’

Future revenues in the form of RPO rose 110% on the back of a $250 billion commitment from OpenAI, but Azure growth slowed to 39% in the second quarter.

The workflow automation giant posted strong earnings and announced an Anthropic partnership, as it tries to convince Wall Street it deserves an AI premium.

Powell made clear he believes the Fed can remain independent despite attacks from the Trump administration.

Trump’s federal troop deployment to U.S. cities is costing about $93 million a month, according to the Congressional Budget Office.

Greenback rebounds after Treasury secretary rejects speculation that Washington is intervening to boost yen

Chair Jay Powell says robust growth and steadying jobs market show borrowing costs are not ‘restrictive’

Elon Musk’s electric-car maker invests $2bn in the billionaire’s xAI

Plus, more on gold

Strong earnings appear to quiet demands from Wall Street to justify up to $135bn in capital expenditures