Section

Markets

Stocks, bonds, commodities, crypto

Axios

Rep. Ritchie Torres Requests SEC Investigation into Truth Social's Data Monetization Plans

Rep. Ritchie Torres has asked the SEC to investigate Truth Social's plans to monetize access to President Trump's posts, citing potential violations of federal securities laws. The inquiry focuses on the implications of providing institutional investors with real-time access to market-sensitive information. Torres's request highlights bipartisan concerns regarding the product's potential for market manipulation and investor protection issues.

Bias: 4 Sentiment: +0.00
Daily Wire

Federal Judge Halts Paramount-Warner Bros. Merger for 14 Days

A federal judge has paused the $110 billion merger between Paramount Skydance Corp and Warner Bros. Discovery Inc. for 14 days following a lawsuit from 12 states concerned about competition in the media market. A hearing is scheduled for August 3 to address the potential indefinite blocking of the deal.

Bias: 4 Sentiment: -0.10
Axios

Oil Prices Exceed $90 Amid Escalating Middle East Conflict

Oil prices have surpassed $90 per barrel following increased tensions in the Middle East and the deaths of three U.S. service members. The rise in prices could lead to higher gasoline costs for consumers and increased inflation risks. Analysts note that while the oil market has shown resilience, the stabilizing factors may be eroding.

Bias: 4 Sentiment: -0.10
New York Times — Business

Shipping Traffic Declines in Persian Gulf Amid Ongoing Conflict

Shipping traffic in the Persian Gulf has decreased significantly, reaching a low not seen in over a month. This decline is associated with rising oil prices, attributed to disruptions in energy supply caused by the ongoing conflict involving Iran.

Bias: 4 Sentiment: +0.00
cnbc.com

Netflix Reports Q2 Earnings; Stock Drops After Guidance Update

Netflix reported second-quarter earnings with revenue of $12.56 billion, reflecting a 13% year-over-year increase. The company's stock dropped over 8% in after-hours trading following a narrowed revenue forecast for 2026. Netflix plans to reduce the frequency of its engagement reports and continues to focus on increasing ad revenue while exploring potential new offerings.

Bias: 4 Sentiment: -0.10
The Verge

Kalshi Users Compete with Teleprompter Operator in Betting Market

Gabriel Perez, the teleprompter operator for President Donald Trump, is under investigation for allegedly using insider information to place bets on Kalshi, a prediction market platform. Federal investigators believe he made bets on what Trump would say during various events, competing with other users on the platform.

Bias: 4 Sentiment: +0.00
propublica.org

FCC Commissioners Accepted Gifts from Paramount Amid Merger Approval Process

FCC commissioners accepted expensive gifts from Paramount while involved in the approval process for the company's merger with Warner Bros. Discovery. Ethics experts warn that these actions could compromise the agency's impartiality, and a lawsuit has been filed by multiple states to block the merger due to anti-monopoly concerns.

Bias: 36 Sentiment: -0.20
foxbusiness.com

IBM Reports Earnings Miss, Shares Drop Over 23%

IBM's stock dropped over 23% after the company reported second-quarter earnings that missed expectations. CEO Arvind Krishna indicated that the shortfall was due to weak performance in the Z mainframe business and a shift in client spending towards hardware. This decline has had a negative impact on the tech sector overall.

Bias: 30 Sentiment: -0.50
The Hill

Oil Prices Increase Amid Renewed US-Iran Tensions

Oil prices have risen due to escalating tensions between the U.S. and Iran. As of Tuesday, WTI crude was priced at approximately $79 per barrel, while Brent crude was around $85 per barrel.

Bias: 4 Sentiment: +0.10
Al Jazeera English

Brent Crude Oil Prices Approach $85 Amid US-Iran Tensions

Brent crude oil prices are nearing $85 per barrel, marking a one-month high. The rise in prices is linked to escalating tensions between the United States and Iran, which could impact the security of the Strait of Hormuz.

Bias: 4 Sentiment: +0.00
Washington Examiner

Trump Claims Strait of Hormuz is Open Amid Oil Market Tensions

President Donald Trump asserted that the Strait of Hormuz remains open, countering Iranian claims of its closure. This statement follows heightened tensions between the U.S. and Iran, which have led to a significant increase in oil prices. Analysts suggest that the market's response indicates continued uncertainty regarding the situation.

Bias: 4 Sentiment: +0.10
cnbc.com

SpaceX Shares Decline, Approaching IPO Price

SpaceX shares have declined for a second day, nearing its initial public offering price of $135. The stock is down about 7% from its debut price of $150 since it went public on June 12. Other AI companies, such as OpenAI and Anthropic, have filed for IPOs but have not set timelines for their launches.

Bias: 4 Sentiment: -0.10