Daily Financial Market Updates & Insights powered by Intellectia AI
Intel's stock rose 7% following reports that the Trump administration is considering taking a government stake in the struggling chipmaker, potentially providing crucial support for the semiconductor giant.
Despite tariffs and inflation concerns, American consumers remain resilient, with the retail sales control group rising by 0.5%, though selective spending patterns emerge in electronics and dining.
SpaceX is set to launch Starship Flight 10 tonight following three previous failures, marking a critical test for NASA's Artemis Moon Lander program and space exploration ambitions.
NVIDIA continues to dominate the AI chip market as global data center expansion drives unprecedented demand for high-performance computing solutions.
Tesla's energy storage deployments reached record levels, driven by grid-scale projects and residential solar installations.
JPMorgan's technology investments and digital banking capabilities are attracting new customers and improving operational efficiency.