Stock markets rise to new records thanks to the one-two punch of airlines and Big Tech
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The S&P 500 and Nasdaq set a new record on Thursday as airlines and tech led equities higher.
The Daily Editor
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Gov. Glenn Youngkin lauds investments and improvements to Interstate 81
RICHMOND, Va. (WDBJ) – Interstate 81 will be receiving investments for improvements on safety, decongestion and reliability, the governor’s office announced in a press release on Thursday, July 10.
“From Winchester to Bristol, Interstate 81 is the backbone of western Virginia, playing a critical role in supporting our state’s economy,” said Governor Glenn Youngkin.
» Read more about: Gov. Glenn Youngkin lauds investments and improvements to Interstate 81 »
James Uthmeier levels subpoena in cryptocurrency fraud investigation into Robinhood
Florida’s top prosecutor is seeking a diverse range of documents from the trading firm.
The Robinhood trading app is under investigation by Attorney General James Uthmeier for what the state’s top prosecutor says are allegations of violating the Florida Deceptive and Unfair Practices Act.
Florida AG accuses Robinhood of falsely promoting itself as ‘least expensive’ way to buy cryptocurrency, launches probe
FLORIDA – Florida Attorney General James Uthmeier said Thursday that his office has submitted a subpoena to “uncover internal documents” belonging to Robinhood Crypto, LLC, after alleging that the company misled its customers by promoting itself as the “least expensive” way to purchase cryptocurrency.
RELATED: Trump Media files for ‘Crypto Blue Chip ETF’ with SEC
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Uthmeier claims that there is evidence supporting the notion that buying and selling cryptocurrency on Robinhood’s platforms is more expensive than trading on other exchanges,
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Why Warren Buffett Says Stocks Aren't What He's Really Buying
Legendary investor Warren Buffett has been fascinated with the stock market from a young age, which could be one of the reasons why he’s so good at outperforming the market and other investors.
What Happened: The Berkshire Hathaway Inc BRKBRK CEO bought three shares of Cities Service preferred at the age of 11.
» Read more about: Why Warren Buffett Says Stocks Aren't What He's Really Buying »
Brazil vows retaliatory tariffs against US if Trump follows through on 50% import taxes
By MAURICIO SAVARESE and JOSH BOAK
RIO DE JANEIRO (AP) — Brazilian President Luiz Inácio Lula da Silva said Thursday that he will impose retaliatory tariffs on the United States if President Donald Trump follows through on a pledge to boost import taxes by 50% over the South American country’s criminal trial against his predecessor,
Buxton bullish on All-Star festivities, Ryan's scheduling shift
MINNEAPOLIS — Byron Buxton was held out of Thursday afternoon’s game against the Cubs, a day after he suffered a left hand contusion when he was hit by a pitch. The club remains hopeful that Buxton will not miss an extended period of time, but his status for the weekend as well as next week’s All-Star festivities in Atlanta remains somewhat unknown.
» Read more about: Buxton bullish on All-Star festivities, Ryan's scheduling shift »
Tesla CFO offloads another $1.7M in stock
Dive Brief:
- Tesla CFO Vaibhav Taneja executed two consecutive stock sales this week, offloading approximately $1.2 million in a July 7 transaction and then selling $587,880 more on July 8, according to securities filings. Taneja, who took the Austin, Texas-based electric vehicle maker’s CFO seat in 2023,
» Read more about: Tesla CFO offloads another $1.7M in stock »
Why Bloom Energy Stock Just Dropped
Key Points
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Bloom Energy stock surged on positive tax credits news yesterday.
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Then one big insider shareholder decided to sell half its shares today,