Plus: Elon Musk’s xAI startup has discussed a deal to license some of its technology to Tesla in return for a share of its revenue. And, Apple is set to unveil its iPhone 16 lineup, which will include new AI features. Luke Vargas hosts.

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Plus: Nvidia, Broadcom among tech stocks whose shares fall sharply. Big banks join tech stocks in broad declines. J.R. Whalen reports.

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Plus: Morgan Stanley agrees to pay $2 million to settle an investigation into trades by First Republic’s then-executive chairman before his bank collapsed. The Eurozone economy grew less rapidly in the second quarter than previously estimated. J.R. Whalen reports.

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Plus: 7-Eleven’s parent company Seven & i rejects a $39 billion takeover bid, saying it’s too low. And, how today’s jobs report could sway the Federal Reserve’s decision on the size of its expected rate cut. Luke Vargas hosts.

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Plus: JetBlue shares rise after the airline increased capacity and revenue guidance. After the bell, Broadcom fell after the chipmaker’s overall quarterly revenue fell short. J.R. Whalen reports.

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Plus: Verizon Communications buys Frontier Communications for $9.6 billion and agrees to buy back some of the fiber-optic lines it sold off nearly a decade ago. British prosecutors drop indecent-assault charges against Harvey Weinstein. J.R. Whalen reports.

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Plus: OpenAI co-founder Ilya Sutskever’s new firm raises $1 billion as it aims to build ‘’safe’’ AI models. And, Stellantis presses pause on production for two of its top-selling U.S. models. Kate Bullivant hosts.

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Plus: Dollar Tree shares plunge after the retailer reported worse-than-expected earnings. Shares of Donald Trump’s social-media startup fall to their lowest level since the company’s March public listing. J.R. Whalen reports.

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Plus: OPEC+ nations are considering delaying an oil production increase that was supposed to begin next month. Volvo abandons its target to sell only electric vehicles by the end of the decade. J.R. Whalen reports.

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Plus: Vice President Kamala Harris pledges to expand tax breaks for new small businesses. And, Ukraine’s foreign minister resigns ahead of an expected cabinet reshuffle. Kate Bullivant hosts.

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