United States · Business
Same event, multiple sources, transparently cited.
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US Stocks Rise to Records on Strong AI Earnings and Strait of Hormuz Deal Hopes
The S&P 500 and Dow Jones hit record highs in early August 2026, driven by strong AI earnings and optimism over a US-Iran deal to reopen the Strait of Hormuz.
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TikTok settles three California lawsuits over teen addiction and mental health claims
TikTok agreed to settle three lawsuits by teenagers alleging addiction and mental health harm caused by the platform.
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US Defense Department signs $3B deal to expand Patriot and THAAD missile parts production
The US Department of Defense signed a $3 billion deal with Lockheed Martin and Northrop Grumman to boost production of Patriot PAC-3 and THAAD missile interceptors.
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Trump Media launches Truth API to deliver fastest access to Truth Social posts
Trump Media & Technology Group launched Truth API on August 1, 2026, offering paid, near real-time access to posts from key Truth Social accounts.
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Shell, Chevron, ExxonMobil post record Q2 profits amid Middle East conflict and high oil prices
Shell, Chevron, and ExxonMobil reported record or multi-year high Q2 2026 profits as oil prices surged due to Middle East tensions.
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US GDP growth slows to 1.5% in Q2 2026 as inflation stays above Fed target
The US economy grew at a 1.5% annualized rate in Q2 2026 while inflation remained above the Federal Reserve’s 2% goal.
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Meta reports Q2 profit down 14%, free cash flow plunges 91% amid heavy AI investment
Meta's Q2 net income fell 14% to $15.8 billion while revenue rose 28%, with free cash flow down 91% due to large AI infrastructure spending.
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Donald Trump unveils $22 billion plan to rebuild Washington Dulles International Airport
Donald Trump announced a $22 billion plan to overhaul Washington Dulles Airport, including new terminals and expanded transit, on July 29, 2026.
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Meta's Q2 earnings miss expectations amid heavy AI spending and cash flow collapse
Meta reported Q2 2026 earnings per share of $6.18, missing estimates as AI investments drive costs and cash flow declines sharply.
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Amazon shares jump up to 15% on strong AWS revenue, while Apple falls nearly 10%
Amazon's stock surged between 11% and 15% on July 31, 2026, led by 37% growth in AWS revenue, offsetting sharp declines in Apple shares amid supply concerns.
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Uber cuts 10% of customer service jobs to simplify operations and expand AI use
Uber announced on July 22 it cut 10% of its customer service workforce as it embraces AI and restructures for efficiency.
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Bank of Japan Open to Faster Rate Hikes as Yen Hits 40-Year Low
Bank of Japan officials signal willingness to raise rates faster amid yen depreciation and rising inflation risks.
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New Mexico Judge Orders Meta to Pay $567 Million for Child Safety Harms
A New Mexico judge ordered Meta to pay $567 million and implement safety changes over child mental health harms on its platforms.
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Intel announces new layoffs focused on Data Center Group amid ongoing restructuring
Intel confirmed a fresh round of layoffs targeting its Data Center Group as part of a multi-year workforce reduction effort.
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US Trade Representative Jamieson Greer to unveil new tariffs as 10% global duties expire
US Trade Representative Jamieson Greer will announce new tariffs on July 23 ahead of the expiration of the 10% global tariff on July 24, 2026.
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Wall Street slips amid Middle East tensions and tech earnings reports
Wall Street’s major indexes fell last week as Middle East conflict drove oil prices higher and investors awaited key tech earnings.
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Apple overtakes Nvidia as world's most valuable company on July 17, 2026
Apple surpassed Nvidia on July 17, 2026, becoming the world's most valuable company with a market value near $4.9 trillion.
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Seven & i Holdings in advanced talks to invest billions in Poland’s Zabka Group
Seven & i Holdings is in final-stage talks to buy a double-digit stake in Poland’s largest convenience store operator Zabka Group.
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Major US Banks Report Strong Q2 2026 Earnings Driven by Trading and Loan Growth
Wells Fargo, JPMorgan Chase, Bank of America, and Morgan Stanley posted robust Q2 2026 profits led by trading revenue, loan growth, and market activity.
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Fed Chair Warsh stresses inflation control, offers no clear signal on rate hikes
Federal Reserve Chair Kevin Warsh reaffirmed commitment to price stability but withheld clear guidance on interest rate changes amid mixed signals from AI impact on inflation.
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US Eases Export Controls on AI Chips and Military Items to UAE
On July 10, 2026, the US Department of Commerce eased export controls on AI chips, military goods, and dual-use items to the UAE, removing key licensing requirements.
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SK Hynix warns global memory chip shortage will peak in 2027 and last beyond 2030
SK Hynix CEO Kwak Noh-Jung warned that the memory chip shortage will reach its worst in 2027 and continue exceeding supply through at least 2030.
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Toyota to invest $3.6 billion to expand Texas plant, shift some Tacoma production from Mexico
Toyota announced a $3.6 billion investment to expand its San Antonio plant and move part of Tacoma truck production from Mexico to Texas.
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Apple and Broadcom Sign $30 Billion Deal to Expand US Chip Production Through 2031
Apple and Broadcom signed a multi-year agreement worth over $30 billion to develop and supply customized chips made largely in the US through 2031.