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Trump Accounts Surpass 6 Million Sign-Ups as Families Weigh Long-Term Growth Potential

Trump Accounts, also known as 530A accounts, officially launched on July 4 as a new tax advantaged investment vehicle for children under 18 in the United States. More than 6 million children had already been enrolled ahead of the launch date, according to Treasury …

Nitish Kishor | 07 July 2026

Wall Street Banks Set for Strong Q2 as SpaceX IPO Fuels 24% Investment Banking Jump

US bank earnings for the second quarter of 2026 are shaping up to reflect one of the most active periods for capital markets activity in recent memory. Five of the six largest US lenders, JPMorgan Chase (NYSE:JPM), Bank of America (NYSE:BAC), Citigroup (NYSE:C), Wells …

Nitish Kishor | 07 July 2026

Amazon Seeks $25 Billion Bond Sale to Fund AI Infrastructure Push

Amazon (NASDAQ:AMZN) is looking to raise at least $25 billion through a US dollar bond sale, according to a Bloomberg News report citing people familiar with the matter, marking the company's latest effort to finance its substantial artificial intelligence investments. A regulatory filing confirmed …

Nitish Kishor | 07 July 2026

Lockheed Martin and Rheinmetall Form Joint Venture to Produce ATACMS Missiles in Europe

Lockheed Martin (NYSE:LMT) and German arms maker Rheinmetall have agreed to jointly produce American long range Army Tactical Missile System, or ATACMS, missiles in Europe, marking a significant step in transatlantic defense industrial cooperation. The companies signed a memorandum of understanding to establish a …

Nitish Kishor | 07 July 2026

Meta Faces $1.4 Trillion Penalty Demand From States Over Teen Safety Claims

Meta Platforms (NASDAQ:META) disclosed in a court filing on Monday that California, Colorado, Kentucky, and New Jersey are seeking $1.4 trillion in penalties over allegations that the company designed Facebook and Instagram to addict young users while misleading the public about platform safety. The …

Nitish Kishor | 07 July 2026

Global Chip Stocks Slide as Investors Question AI Rally Durability Despite Samsung's Record Earnings

Chip and memory stocks came under broad selling pressure this week even as Samsung Electronics posted preliminary second quarter results showing operating profit surging roughly nineteen fold from a year earlier, a figure that exceeded the company's combined earnings over the prior three years. …

Nitish Kishor | 07 July 2026

US 10-Year Treasury Yield Hits Two-Week High as Oil Spike Stokes Inflation Concerns

Treasury yields moved higher across most maturities on Tuesday, with the 10 year note rising above 4.50 percent and the 30 year bond adding roughly 2 basis points to yield near 5.01 percent. The 2 year note also edged up to around 4.14 percent, …

Nitish Kishor | 07 July 2026

US Logistics Sector Expands at Fastest Pace Since 2022 as Inventory Buildup Accelerates

The US logistics sector recorded its fastest pace of expansion in more than four years in June, with the Logistics Manager's Index rising to 71.1 from 69.5 in May. Readings above 50 indicate expansion, and the June figure represents the strongest level of activity …

Nitish Kishor | 07 July 2026

Tron Inc (NASDAQ:TRON) Penny Stock: Why Is It Falling Pre-Market Today?

Tron Inc (NASDAQ:TRON) shares declined in pre-market trading, continuing a period of softness for the small-cap stock. The company, which has pivoted its business strategy to center on accumulating TRX, the native token of the Tron blockchain network, has seen its share price increasingly …

Nitish Kishor | 07 July 2026

NATO Summit in Ankara Signals Defense Spending Surge Amid Trump Pressure and Ukraine War Tensions

• NATO leaders are gathering in Ankara as European members face pressure to accelerate defense spending toward a 5 percent of GDP target.

Nitish Kishor | 07 July 2026
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