California Primary Tests Democratic Field Amid Voter Discontent
Voters in California and several other states head to the polls in key primaries, including a high-stakes race to succeed Gavin Newsom featuring candidates like Karen Bass and Spencer Pratt. The contests test Democratic strategies and preview November midterms amid voter anger over crime and governance.
Trump Claims Israel-Hezbollah Halt, Iran Talks Resume Amid Clashes
President Trump expresses optimism about an interim US-Iran deal and claims progress on halting Lebanon fighting, though clashes continue and Iran threatens to suspend talks. Rubio is set to testify before Congress amid mixed signals from Israel and Hezbollah.
Anthropic Files for IPO Near $1 Trillion as AI Cost Concerns Mount
Nvidia's Jensen Huang highlights AI growth potential despite constraints, while Anthropic confidentially files for a Wall Street debut nearing $1 trillion valuation. Microsoft and others prepare AI tool showcases amid rising data center demand.
DOJ Drops $1.8 Billion Fund After Judges Block Payouts
The Justice Department pauses work on the $1.8 billion fund after a judge's block, with Republican senators demanding answers as Trump reconsiders amid political backlash. The move highlights tensions over accountability for prior investigations.
Trump Lowers Tariffs on Some Steel, Aluminum, Copper Equipment
New presidential actions tweak import tariffs on key metals, building on prior increases and adding to trade tensions with China and market volatility. Investors monitor impacts alongside broader economic pressures.
S&P 500 Stalls Amid Tariff Fears and Middle East Oil Moves
The S&P 500's winning streak stalls as tariff concerns and Iran-related oil movements weigh on investors. Berkshire Hathaway and other major players make notable investments amid the volatility.