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Plus: General Motors shares fall after the automaker delays plans for a Buick EV and pushes back the opening of an EV truck factory. After the bell, Google parent Alphabet reports quarterly ad sales grew at a slower pace than the previous quarter. J.R. Whalen reports.
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Plus: The Department of Transportation is investigating Delta Air Lines over thousands of flight delays caused by last week’s tech outage. U.S. home prices hit a record in June for the second straight month. J.R. Whalen reports.
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Plus: Google’s talks to buy cybersecurity startup Wiz fall apart. And UPS agrees to buy Mexican delivery company Estafeta as the trend of nearshoring manufacturing drives more cross-border trade. Luke Vargas hosts.
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Plus: CrowdStrike shares have lost nearly one-fourth of their value since Friday’s global tech outage. Warren Buffett’s Berkshire Hathaway trims its stake in Bank of America. J.R. Whalen reports.
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Plus: CrowdStrike’s CEO says hackers have sent around a file falsely claiming to be a “quick fix” for last week’s tech outage. Verizon reports higher quarterly revenue from wireless and broadband services, but overall earnings were mostly unchanged from a year ago. J.R. Whalen reports.
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Plus: Air-travel disruptions continue in the wake of Friday’s computer meltdown. And China’s central bank unexpectedly cuts a key policy rate in a bid to boost the country’s flagging economy. Luke Vargas hosts.
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Plus: Shares of CrowdStrike slide after the software company’s snafu caused the widespread tech outage. Starbucks shares rise following a Wall Street Journal report that activist Elliott Investment Management has built a sizable stake in the company. J.R. Whalen reports.
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Gershkovich was wrongfully convicted in a hurried, secret trial that the U.S. government has condemned as a sham. Plus: The head of President Biden’s re-election campaign said he remains committed to his bid for a second term. J.R. Whalen reports.
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Plus: Donald Trump accepts the Republican presidential nomination, while top Democrats prep for a campaign without President Biden. And, Houthi militants in Yemen claim responsibility for an overnight blast in Tel Aviv. Kate Bullivant hosts.
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Plus: Shares of Eli Lilly and Novo Nordisk decline as competition in the anti-obesity drug market ramps up. After the bell, Netflix reported stronger revenue, but said subscriber growth in the current quarter will be weaker than a year ago. J.R. Whalen reports.
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