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Nasdaq turns positive for the year for the first time since February. Plus: Nvidia overtakes Microsoft to become the largest U.S.company by market cap. And shares of Dollar General surge after the discount retailer raises its outlook. Danny Lewis hosts.
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Plus: Dollar General raised its full year sales outlook. And Israeli troops shot at Palestinians in southern Gaza on their way to an aid distribution site. Anthony Bansie hosts.
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Plus: Lawyers from Meta challenge the European Commission’s crackdown on the company’s social-networking business. And chip giant TSMC forecasts limited impact from tariffs, remaining on track for record earnings. Kate Bullivant hosts.
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The Supreme Court turns down a challenge to assault weapon bans in states like California and Maryland. Lawmakers push to overhaul CEQA, aiming to speed up housing and infrastructure projects. Disney cuts hundreds of jobs in a continued restructuring effort. And Vietnamese American nail salon owners sue California, arguing the state’s labor law unfairly targets their community.
Beijing denied President Trump’s accusations that it broke last month’s trade truce. Plus: Trump’s move to double steel and aluminum tariffs boosted stocks in those industries, but hit automakers. And Meta Platforms shares rose after WSJ exclusively reported it plans to fully automate advertising creation with artificial intelligence. Danny Lewis hosts.
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Plus: U.S. factory activity hits lowest level since November. Campbell’s snack business is struggling, as consumers get pickier about food spending. Ariana Aspuru hosts.
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Plus: The Trump Administration is expanding its review of federal contractors to include 10 tech firms. And Asian steel stocks fall as President Trump threatens to double tariffs on steel and aluminum imports to 50%. Luke Vargas hosts.
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A new COVID subvariant is spreading in California just as the Trump administration moves to ease vaccine access. Meanwhile, one San Diego avocado farmer is battling climate change, Mexican imports, and industry politics to save California’s iconic crop. On the economic front, inflation cooled last month, but experts say new tariffs could reverse that trend. And a judge dismissed the high-profile lawsuit from Richard Montañez over the origin of Flamin’ Hot Cheetos.