Headlines
•Walmart earnings reveal wealthy shoppers trading down — consumer spending shift pressures retail sector
•Microsoft earnings beat fails to lift shares — stock trades below 200-day moving average
•Broadcom stock rises on strong AI player results — shares pop on Tuesday
•Apple, Amazon, TSMC deliver earnings triple plays — beat-and-raise stocks surge
•OpenAI president testifies Musk sought $80 billion for Mars colonization — trial reveals internal dispute
•Anthropic CEO warns some software companies will 'completely go bust' — AI disruption threatens industry incumbents
•Iran-UAE flare-up sends oil prices sharply higher — Wynn Resorts shares fall 2.6%