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Coinbase (COIN) dropped 3.36% in Tuesday trading as media outlets tout it as a top 2025 IPO pick, but analysts remain divided on its valuation and growth outlook. Goldman Sachs stayed cautious, declining to name the crypto exchange in its latest undervalued-stock report.
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Samsung’s blowout earnings weren’t enough to satisfy the market, sparking a broad tech sell-off that rippled through global chip stocks. Apple shares held at $312.66 as U.S. markets were closed for the holiday.
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American families are hunting for back-to-school deals weeks earlier than usual, pressured by sticky inflation and high household bills. Meanwhile, retailers are pouring money into AI but may be neglecting critical operational blind spots just ahead of the Golden Quarter.
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A coalition of US states is seeking up to $1.4 trillion in civil penalties from Meta over youth safety claims, with a trial set for August. The company is also under regulatory fire in India over child abuse ads on Instagram.
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Uber hits the brakes on food-delivery expansion in five European countries as it zeroes in on acquiring German giant Delivery Hero. The stock slid 2.7% after the news broke.
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Novartis is paying up to $1.5 billion for Myricx Bio and its next-gen NMTi payload platform, aiming to crack the resistance problem plaguing today’s antibody-drug conjugates.
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A veteran chip designer who worked on Apple’s Face ID and Amazon’s AI silicon is betting on edge computing. His startup, Tranxform AI, has Intel’s backing and expects its first chip next year.
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Samsung Electronics’ Q2 operating profit surged nearly 19-fold to a record 89.4 trillion won, fueled by insatiable AI memory demand. Nvidia (NVDA) ticked up 0.37% in after-hours trading.
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Disney agrees to pay $50 million to settle a class-action lawsuit over hidden auto-renewal fees on its streaming services. Eligible users can claim compensation with no extra steps required.
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BofA warns speculation has hit extreme levels, putting the S&P 500 at risk of a valuation pullback that could erase most of its 2026 gains. JPMorgan and other bank stocks are firming ahead of earnings, but Wall Street is deeply split on the second half.
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Palantir (PLTR) jumped over 2.5% after hours after teaming up with Nvidia on a national security AI alliance. The company also inked a seven-year strategic partnership with Zeta Global.
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TSMC jumps 5% as Wall Street weighs Cramer’s buy call on AST SpaceMobile, a bullish Netflix preview, and Goldman’s undervalued picks. Sportradar faces a class-action deadline.