DailyEdge

Stocks are back near record highs once more as Apple's $100 billion US investment lifted the tech trade higher.

In the span of a week, traders have coalesced around the idea of a September rate cut, spurred on by discouraging labor market data and revisions showing more weakness.

Disney reported fiscal third quarter earnings on Wednesday that beat expectations, driven by continued strength in its domestic parks business and a year-over-year swing to profitability in its streaming unit.

US stock futures pushed up on Tuesday as Wall Street regained its balance after a tumultuous week and braced for the next wave of corporate earnings.

Tesla has granted 96 million new shares worth about $29 billion to CEO Elon Musk, a move aimed at keeping the billionaire entrepreneur at the helm as he fights a court ruling that voided his original pay deal for being unfair to shareholders.

Four months after Donald Trump shocked the world and roiled markets by unveiling a placard full of tariff rates at the White House Rose Garden, his revisions unveiled Thursday generated a more subdued response among investors.

US stock futures jumped on Thursday as investors welcomed strong earnings from Meta and Microsoft that boosted faith in the AI trade, while a rush of tariff deals eased trade-war fears on the eve of President Trump's deadline.

The Federal Reserve is widely expected to hold interest rates steady Wednesday amid internal divisions over the path of monetary policy as President Trump and other White House officials intensify their pressure on the central bank.

As world leaders and economists across Europe digest the news of the EU-US trade agreement, some experts told CNBC that while it may be bad news for the bloc, the deal could serve as an unexpected boost to the UK.

In case there was any thought tech giants would ease up on AI spending sprees, Alphabet threw another $10 billion into the mix just to be sure.