As markets await crucial inflation data this week, investors hope it will allow the Federal Reserve to implement its anticipated interest rate cut next month amid recent market stability.

Bharti, the parent company of Airtel, has become British Telecom (BT)'s largest shareholder by acquiring a 24.5% stake for $4 billion to strengthen 5G and AI collaboration.

Warner Bros Discovery’s shares dropped 12% in premarket trading after announcing a $9.1 billion write-down and a $10 billion net loss, reflecting their ongoing struggles to keep up with other giant media.

Despite ongoing losses of over $1 billion, Rivian Automotive exceeded Wall Street's revenue and earnings estimates for Q2 2024 through cost-cutting measures.

Tech giants in the US lost approximately $1 trillion in market value this week due to recession fears and disappointing economic data, with sharp declines in Nvidia, Apple, and Amazon.

Elon Musk criticized the Federal Reserve's decision not to cut interest rates, calling it "foolish" and warning that the policy could harm the US, which could potentially stall economic growth.

Apple's stock stake has been reduced by Berkshire Hathaway, which has boosted its cash reserves to a record-high ($277 Billion) as a cautious approach against US economy concerns.

Donald Trump has proposed eliminating federal income taxes on Social Security benefits for seniors, potentially reducing federal revenue by up to $1.8 trillion over the next decade.

Fast-food chains are extending their $5 meal deals to continue attracting budget-conscious customers. Still, investors are worried about the long-term benefits for the companies and fear these discounts may not turn into profits.

Recent earnings reports raise concerns about AI investments and consumer spending, causing a dip in tech stocks and interrupting a stock market rally.