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July Mortgage Rate Forecast: Buyers Retreat as Rates Rebound

Buyers should keep an eye on the possibility of rate cuts in the next few months. Tharon Green/CNET Every time the average 30-year fixed mortgage rate dips, even by a few tenths of a percentage point, prospective homebuyers jump to take advantage. As soon as rates move up again, mortgage activity goes down. The past few weeks offer a textbook example. When rates fell to around 6.7% (the lowest level in months) in early July, applications for home loans promptly ticked up, according to the Mort

Wall Street’s AI Bubble Is Worse Than the 1999 Dot-com Bubble, Warns a Top Economist

Back in 1999, Wall Street lost its collective mind over the internet. Companies with no revenue were suddenly worth billions, “eyeballs” were treated as currency, and market analysts predicted a frictionless future where everything would be digital. Then the bubble burst. Between March 2000 and October 2002, an estimated five trillion dollars in market value vanished into thin air. Today, it is happening again. This time, the magic word is not “.com.” It is “AI.” According to Torsten Slok, the

Trump’s Meme Coin Empire Is About to Explode With Millions of New Tokens

Millions of Trump meme coins could flood the crypto market starting this week, potentially reshaping the future of one of the most controversial cryptocurrencies in circulation. Entities affiliated with President Donald Trump now have the right to sell a large portion of the meme coin named after him, $TRUMP, starting Wednesday July 17. The move could unlock hundreds of millions of dollars in digital tokens, intensifying scrutiny over Trump’s growing involvement in crypto and raising fresh ques

AWS aims to be your one-stop-shop for AI agents from Anthropic, IBM, Perplexity, and others

SOPA Images / Contributor/Getty Amazon Web Services (AWS) wants to be the go-to marketplace for businesses looking to buy and implement AI agents. At the annual AWS Summit in New York City on Wednesday, Amazon announced the launch of AI agents and Tools, a new virtual store within AWS Marketplace where enterprise customers can search through agents from Anthropic, IBM, Perplexity, Salesforce, and other vendors. Also: How agentic AI is transforming the very foundations of business strategy Cr

Abacus dark web drug market goes offline in suspected exit scam

Abacus Market, the largest Western darknet marketplace supporting Bitcoin payments, has shut down its public infrastructure in a move suspected to be an exit scam. Exit scams occur when the operator of a marketplace decides to vanish with the money they hold in escrow for various transactions between platform users. Blockchain intelligence firm TRM Labs reports that Abacus shutting down so abruptly has all the indications of either an exit scam or a covert law enforcement operation dismantling

Trump Lets Polymarket Off the Hook, Ends Probe Into Crypto Betting Platform

If you bet “Donald Trump ends an investigation into a Peter Thiel-backed cryptocurrency platform,” you can claim your winnings. According to Bloomberg, two investigations into the prediction market Polymarket have been shut down by the Trump administration, just in time for Republican lawmakers’ planned “Crypto Week.” The probes, which were launched toward the end of the Biden administration, included an investigation by the Department of Justice into whether Polymarket was allowing U.S.-based

It's a huge week for crypto in DC But the industry may not get everything it wants

The U.S. Capitol building in Washington, D.C., U.S., June 27, 2025. Elizabeth Frantz | Reuters It's "Crypto Week" in Washington. The cryptocurrency industry is set to notch a major win this week if the House can pass two bills that would set up a long-lobbied-for regulatory framework for digital assets. The stablecoin bill, known as the GENUIS Act, has already passed the Senate and looks set to become the first standalone crypto measure signed into law should the House do the same. But the real

America’s EV Slowdown Is Here

The era of seemingly unstoppable growth for electric vehicles in the United States has come to a screeching halt. New sales figures for the second quarter of 2025 reveal a market in reverse, with momentum waning as the industry confronts significant headwinds from high prices and persistent consumer anxiety. According to a new report from Kelley Blue Book, the U.S. electric vehicle market, long seen as a bastion of growth, hit a significant speed bump, with sales dropping by more than 6% in a s

It's a huge week for crypto in D.C. But the industry may not get everything it wants

The U.S. Capitol building in Washington, D.C., U.S., June 27, 2025. Elizabeth Frantz | Reuters It's "Crypto Week" in Washington. The cryptocurrency industry is set to notch a major win this week if the House can pass two bills that would set up a long-lobbied-for regulatory framework for digital assets. The stablecoin bill, known as the GENUIS Act, has already passed the Senate and looks set to become the first standalone crypto measure signed into law should the House do the same. But the real

Tesla’s Model Y debuts in India priced at a hefty $70,000 as the EV maker 'tests the waters'

In this article TSLA Follow your favorite stocks CREATE FREE ACCOUNT In this photo illustration, logo of Tesla is displayed on a mobile phone screen in front of the Indian flag in Ankara, Turkiye on November 28, 2023. Cem Genco | Anadolu | Getty Images Tesla has made its long-awaited debut in India, where it will sell its electric SUV, the Model Y, starting at $69,770, a significant markup from other major markets, its website showed Tuesday. The sales launch comes the same day the American el

Sony phones are disappearing across key markets: Is the Xperia era coming to an end?

Alex Walker-Todd / Android Authority TL;DR Sony may be on the verge of completely exiting the European market. The company has already confirmed a full retreat from Finland, but its devices are no longer available through official channels in multiple European countries. Sony’s smartphone presence looks just as weak outside of Europe, with the mobile phone category completely wiped off from its US website. Sony may be heading toward a full retreat from the smartphone market, with clear signs

IDC: Emerging markets helped Apple offset iPhone slowdown in China during Q2

During the second quarter of 2025, Apple saw a modest gain in iPhone shipments, holding its worldwide ground amid slowing demand in China. Here are IDC’s preliminary numbers for the quarter. Emerging markets offset Apple’s China dip, while Samsung pulls ahead IDC’s Worldwide Quarterly Mobile Phone Tracker (via AppleInsider) shows that Apple shipped 46.4 million iPhones in Q2 2025 (up 1.5% year-over-year). That was enough to secure second place globally, behind Samsung’s 58 million units, and a

Mortgage Rate Predictions: Here's Why Rates Are Staying High in July

Buyers should keep an eye on the possibility of rate cuts in the next few months. Tharon Green/CNET After the rate on a 30-year fixed mortgage dipped to around 6.7% (its lowest level in months), prospective homebuyers jumped to take advantage. Before the July 4 holiday weekend, mortgage loan applications increased 9.4% week over week, per the Mortgage Bankers Association. Homeowners also seized on refinancing, with refinance activity 56% higher than the same time last year. But the reprieve di

Crypto Is on Fire as Bitcoin Nears $120K in Unstoppable Surge

Bitcoin is surging once again. And this time, the climb feels different. The world’s largest cryptocurrency continued its dizzying ascent on Friday, smashing through multiple symbolic price thresholds in a matter of hours and setting a new all-time high for the second consecutive day. After crossing $112,000 on Wednesday, Bitcoin has barely paused. On Thursday and Friday morning, it blew past $113,000, then $114,000, then $115,000, before jumping to $116,000, $117,000, and finally $118,909 as

Apple Has Big Vision Pro Plans for 2027, Including Smart Glasses, Analyst Says

Apple will release multiple head-mounted AR and VR products in 2027, according to respected analyst Ming-Chi Kuo of TF International Securities. An upgraded Vision Pro headset will also drop later this year, the report last week said. There are three Vision series products currently in development, along with four pairs of smart glasses. A Ray-Ban Meta-style smart glasses product will see 3 million to 5 million shipments in 2027. Apple expects to ship more than 10 million AR/VR products in 2027

Trump hosts Jensen Huang at White House as Nvidia tops $4 trillion market cap

Nvidia CEO Jensen Huang delivers remarks next to U.S. President Donald Trump at an 'Investing in America' event in Washington, D.C., on April 30, 2025. Nvidia CEO Jensen Huang met with President Donald Trump at the White House on Thursday, CNBC's Megan Cassella reported. The meeting comes as Nvidia rose slightly on Thursday, becoming the first company to close a trading day with a market cap over $4 trillion, beating Apple and Microsoft to the symbolic milestone. Nvidia touched the mark briefl

AWS is launching an AI agent marketplace next week with Anthropic as a partner

Amazon Web Services (AWS) is launching an AI agent marketplace next week and Anthropic is one of its partners, TechCrunch has exclusively learned. The AWS agent marketplace launch will take place at the AWS Summit in New York City on July 15, two people familiar with the development told TechCrunch. AWS and Anthropic did not respond to requests for comments. AI agents are ubiquitous nowadays. And every single investor in Silicon Valley is bullish on startups building them — even if there is so

Trump to host Jensen Huang at White House as Nvidia tops $4 trillion market cap

Nvidia CEO Jensen Huang delivers remarks next to U.S. President Donald Trump at an 'Investing in America' event in Washington, D.C., on April 30, 2025. Nvidia CEO Jensen Huang will meet with President Donald Trump at the White House on Thursday, CNBC's Megan Cassella reported. The meeting comes as Nvidia rose slightly on Thursday, becoming the first company to close a trading day with a market cap over $4 trillion, beating Apple and Microsoft to the symbolic milestone. Nvidia touched the mark

Nvidia briefly touched $4 trillion market cap for first time

Nvidia CEO Jensen Huang attends a roundtable discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 11, 2025. Nvidia stock rose on Wednesday lifting the company's market cap briefly past $4 trillion for the first time as investors scooped up shares of the tech giant that's building the bulk of the hardware for the generative artificial intelligence boom. However, Nvidia stock ended finishing the day only up 1.

Nvidia Makes History

Nvidia made history on Wednesday, becoming the first company in the world to reach a $4 trillion market capitalization. This unprecedented milestone solidifies its position as a dominant force in the global economy and a key player in the artificial intelligence revolution. While OpenAI and its viral chatbot ChatGPT might be the public face of AI, Wall Street looks to Nvidia as the true barometer of this transformative technology. Nvidia designs and manufactures the advanced graphics processing

AI mania pushes Nvidia to record $4 trillion valuation

On Wednesday, Nvidia became the first company in history to reach $4 trillion market valuation as shares rose more than 2 percent, reports CNBC. The GPU maker's stock has climbed 22 percent since the start of 2025, continuing a trend driven by demand for AI hardware following ChatGPT's late 2022 launch. The milestone marks the highest market cap ever recorded for a publicly traded company, surpassing Apple's previous record of $3.8 trillion set in December. Nvidia first crossed $2 trillion in F

Nvidia Makes History: The World’s First $4 Trillion Company Is Here

Nvidia made history on Wednesday, becoming the first company in the world to reach a $4 trillion market capitalization. This unprecedented milestone solidifies its position as a dominant force in the global economy and a key player in the artificial intelligence revolution. While OpenAI and its viral chatbot ChatGPT might be the public face of AI, Wall Street looks to Nvidia as the true barometer of this transformative technology. Nvidia designs and manufactures the advanced graphics processing

Nvidia Becomes First Company to Reach $4T Market Cap

Nvidia CEO Jensen Huang attends a roundtable discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 11, 2025. Nvidia stock jumped more than 2% on Wednesday, lifting the company's market cap past $4 trillion for the first time as investors scooped up shares of the tech giant building the bulk of the hardware for the generative artificial intelligence boom. The chipmaker is the first company to ever achieve this

Nvidia becomes world's first $4tn company

Nvidia becomes world's first $4tn company Nvidia has become the first company in the world to reach a market value of $4tn. Shares in the chip-maker rose by as much as 2.4% to $164 on Wednesday, as the company continues to benefit from the ongoing surge in demand for the tech that powers artificial intelligence (AI). The US-based company reached a market value of $1tn for the first time in June 2023, and has continued to climb rapidly since. "This is a historical moment for Nvidia", tech ana

PR is your scaling power: Learn from Insight Partners’ Nikki Parker at TechCrunch All Stage

PR and marketing are more than just press releases — they’re powerful tools for attracting investors, customers, and top talent. At TechCrunch All Stage on July 15, Nikki Parker, EVP of Marketing and Communications at global software investor Insight Partners, will break down the essential PR and marketing strategies every startup needs. From crafting compelling narratives and positioning your company for growth and fundraising to building a brand that stands out in a crowded market, this round

IDC: Mac shipments up 21% in Q2, but U.S. sales stalled ahead of tariff deadline

According to a preliminary report issued by IDC today, Apple saw the strongest year-over-year growth during Q2 compared to its closest competitors in the PC market, except in the U.S., where sales basically flatlined. Here are the details Based on today’s numbers, Apple outpaced the competition by a lot, with 21.4% growth year-over-year. However, it came up once again in fourth place with 9.1% market share. In practice, that translated to 6.2 million PCs shipped worldwide, up from 5.1 million

Volodymyr Zelensky’s Clothing Has Sparked a Polymarket Rebellion

Did Ukraine president Volodymyr Zelensky wear a suit? It should be a simple question, but a dispute over the answer has torn apart bettors on the gambling site Polymarket. With a collective $210 million on the line, some claim to have been denied their rightful winnings. Polymarket is a platform that allows users to gamble cryptocurrency on the outcome of a particular event, ranging from sports games to election outcomes to niche wagers on movie box office results. Each individual prediction ma

Attimet (YC F24) – Quant Trading Research Lab – Is Hiring Founding Researcher

You’ll be given the autonomy to do some of the best work for your life. We’re building a research lab that puts its ideas to the test in one of the most complex, information-rich environments in the world: the financial markets. Much of trading still depends on hand-crafted signals and intuition. We’re approaching it differently - from first principles. We design systems that learn, adapt, and improve with data. Our infrastructure is built to accelerate research: fast iteration loops, real-tim

July Mortgage Forecast: Will Interest Rates Budge This Summer?

Buyers should keep an eye on the possibility of rate cuts in the next few months. Tharon Green/CNET The average rate on a 30-year fixed mortgage was around 6.7% on Monday, down roughly 0.25% from the previous month, according to Bankrate data. Despite the recent decline in rates, forecasts for the housing market have remained unchanged. Mortgage rates, linked to the bond market, have been stuck in limbo between 6.5% and 7% for months. President Trump's on-and-off-again tariffs, stock market sw

The Chinese EV Carmaker That Is Quietly Crushing Tesla

While Tesla’s struggles dominate the headlines, a quieter but more significant story is unfolding: Chinese electric vehicle makers are on a tear. For the second consecutive quarter, Elon Musk’s Tesla has seen its sales decline, a stark contrast to the booming growth reported by rivals like BYD and NIO Inc, who are steadily gaining market share and widening their lead. The second-quarter sales numbers paint a bleak picture for the American EV pioneer. Tesla delivered 384,122 vehicles worldwide,