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Four out of the Magnificent Seven tech stocks fell today. Plus: Home Depot shares tick down despite quarterly sales rising more than expected. And shares of Arc’teryx and Salomon parent Amer Sports surge after strong quarterly results and raised guidance. Danny Lewis hosts.
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Plus: Elon Musk says he plans to cut political spending. And Home Depot says it’s holding the line on prices despite tariffs. Charlotte Gartenberg hosts.
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Federal agents are investigating a deadly bombing at a Palm Springs fertility clinic, with growing attention on the suspect’s online manifesto. In the same region, a new affordable housing project is giving hope amid California’s housing crisis. Meanwhile, 23andMe has sold its vast DNA database to Regeneron following bankruptcy. And in the healthcare sector, AI is beginning to replace call center workers, raising questions about efficiency, empathy, and the future of patient care.
Plus: Construction on a big wind project off New York’s coast is back on, after an abrupt about-face by the Trump administration. And Biotech firm Regeneron has agreed to buy 23andMe out of bankruptcy for $256 million dollars. Kate Bullivant hosts.
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The major indexes ticked up for the first trading day since Moody’s Ratings downgraded the U.S.’s credit rating on Friday. Investors are also getting nervous about President Trump’s tax bill as it advances through congress. Plus: UnitedHealth Group notched its second day of gains in a row. Danny Lewis hosts.
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Plus: Commerce Secretary Howard Lutnick is handing ownership of Cantor Fitzgerald, the Wall Street firm he ran for over three decades, to his children. And Regeneron Pharmaceuticals is buying 23andMe out of bankruptcy, raising privacy concerns. Charlotte Gartenberg hosts.
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Plus: Nvidia is working with Foxconn to build an AI supercomputer in Taiwan. And NJ Transit says rail operations will resume tomorrow, after reaching a tentative agreement with union leaders. Kate Bullivant hosts.
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Cassie Ventura’s explosive testimony in the Sean “Diddy” Combs federal trial alleges years of abuse and could prove central to the case. Plus, Governor Gavin Newsom pushes to speed up a $20-billion water tunnel project through the Delta. Walmart, Mattel, and others say new tariffs are forcing price hikes that will hit consumers hard. And Charter announces a $34.5 billion deal to acquire Cox Communications, potentially reshaping the cable TV industry.