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Glum Amazon earnings drag US futures fell US released data on June consumer spending and inflation

Tesla shares surged more than 5% after Elon Musk confirming Tesla AI Day will be on August 19.Tesla CEO Elon Musk confirmed via tweet on Thursday that the company is holding an AI Day on Aug. 19.While the company did not provide details of the artificial intelligence event, Musk said in a June 21 tweet that the event "will go over progress with Tesla AI software & hardware, both training & inference" and that its purpose is recruiting.The focus of the AI event is likely to be around Tesla's self

* All 3 major indexes post weekly gains * Dow closes above 35,000 for first time ever * Social media

The Chinese electric- vehicle maker NIO delivered a record number of cars in June, sending the stock

12 IPOs are scheduled to raise $5.6 billion in the week ahead led by two billion-dollar deals.Chinese freight platform Full Truck Alliance plans to raise $1.5 billion at a $19.7 billion market cap. The company’s platform connects shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types. Full Truck states that it is the world's largest digital freight platform by gross transaction value , facilitating 22+ million fulfilled orders with GTV of nearly $8 billio

June 16 - The three main Wall Street indexes all closed down on Wednesday, as U.S. Federal Reserve officials unnerved investors with indications that the central bank could begin rising interest rates in 2023, a year earlier than expected.New projections saw a majority of 11 of 18 U.S. central bank officials pencil in at least two quarter-percentage-point rate increases for 2023. Officials also pledged to keep policy supportive for now to encourage an ongoing jobs recovery.The Fed cited an impr

Apple rose nearly 3% in premarket trading, Q2 revenue increased by 54%, and announced a $90 billion