AeroVironment soars 19% on earnings beat, backlog grows to $1.2 billion
US Top News and AnalysisDronemaker AeroVironment's autonomous system revenue beat expectations by $90 million and its backlog continued to grow.
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Big Tech · Finance · Corporations · Business Strategy · Markets
From TikTok's unprecedented $10 billion government fee and Google's landmark antitrust verdict to the FTX collapse and Boeing's whistleblower scandal, Trill News covers the corporate and business stories that determine how the global economy is shaped. We report on Big Tech, Wall Street, startups, antitrust litigation, and the boardroom decisions that affect everyone.
Latest Industry
T-Mobile is booting customers from its oldest plans
The VergeEarlier today, T-Mobile started notifying customers that it will be retiring many legacy plans and moving subscribers onto one of its current rate plans. This move includes plans that date back to the 3G era, and it's...
Read article →SpaceX to join the Nasdaq-100 in a fast-tracked process that will drive huge ETF buying demand
FinanceAdding SpaceX this quickly would make the Elon Musk company one of the first beneficiaries of Nasdaq's recently adopted fast-track inclusion framework.
Read article →Industry lobbyists push House committee to block a ban on Pentagon defense contractors buying back their own stock
US Top News and AnalysisDefense companies and their trade groups are pressing Congress not to require that the Pentagon approve stock buybacks.
Read article →After a great start, DC’s new cinematic universe is already slowing down
The VergeWhile Kara Zor-El's appearance at the end of James Gunn's Superman was a very pleasant surprise, Warner Bros. Discovery's plan to fast-track a standalone Supergirl feature always felt a little dubious. It seemed odd t...
Read article →China's economy picks up in June on rebounding U.S. exports, analysts say
FinanceChina's economy is showing signs of picking up after a sluggish few months — thanks in part to a rebound in shipments to the U.S.
Read article →Salesforce is on an AI buying spree, but Wall Street still has its doubts
US Top News and AnalysisThe company has announced three deals in the month of June alone.
Read article →Leaked iPhone 18 Pro photos reportedly wound up on the dark web
The VergeLeaked iPhone 18 Pro photos and parts lists appeared on the dark web following a data breach affecting one of Apple's key suppliers, according to a report from Reuters. The leaked images show a drop test of what a sou...
Read article →Why investors may want to prioritize bond markets outside the U.S.
FinanceAllspring Global Investments is pushing clients toward countries with central banks that are raising interest rates or have different inflation dynamics.
Read article →Chip stocks rebound, and Goldman racks up a series of M&A wins
US Top News and AnalysisEvery weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Read article →US renewable boom passes key milestone in April
Ars Technica - All contentSmall-scale solar helped renewables nearly triple coal generation on the US grid.
Read article →Jeremy Grantham says, 'This is the most expensive market in American history'
FinanceJeremy Grantham says soaring valuations around AI makes the U.S. stock market historically expensive.
Read article →Micron's monster post-earnings rally is almost gone. Traders divided on where it goes next
US Top News and AnalysisThe maker of memory chips slid to start the week, marking an about-face from its post-earnings surge.
Read article →Supreme Court ruling guts government’s use of geofence warrants
Ars Technica - All contentSCOTUS falls short of deeming geofence warrants unconstitutional, though.
Read article →CFTC is conducting an investigation into Polymarket, source says
FinanceThe probe comes after the Commodity Futures Trading Commission and the Department of Justice dropped previous inquiries into Polymarket last July.
Read article →Kalshi traders expect this week's jobs report will disappoint Wall Street outlook
US Top News and AnalysisDow Jones expects over 118,000 jobs will be added, but Kalshi traders give under 60% that over 100,000 jobs will be added.
Read article →Tidal won’t pay royalties on AI-generated music but isn’t banning it outright
The VergeTidal shared its new policies regarding AI-generated music today and how the platform plans to "protect artists" and "inform listeners." Instead of banning it outright, starting on July 15th Tidal will label tracks it...
Read article →OpenAI is reportedly delaying its IPO. Here's when Kalshi traders think it will announce
FinanceSpeculators think the OpenAI IPO will come early next year, with only one-in-three odds it happens in 2026 but a high likelihood it is done by June 2027.
Read article →This insurance stock is on an impressive run. How to ride the momentum with less risk
US Top News and AnalysisMetLife (MET) is well-positioned in the life insurance and benefits sector, exhibiting fundamental momentum that the broader market hasn't fully priced in.
Read article →Google warns EU's plans to weaken its monopoly could expose user data
Ars Technica - All contentThe EU wants Google to share search data with competitors and open up AI on Android, but Google alleges major privacy risks.
Read article →Chicago Fed President Goolsbee says inflation is too high; Williams sees price pressures easing
FinanceIn a live CNBC interview from his home district, Goolsbee declined to speculate on where he thinks interest rates are headed.
Read article →The Club's top 10 things to watch in the stock market Monday
US Top News and AnalysisHoneywell Aerospace starts trading, and a few more M&A deals.
Read article →At $499, Apple’s M3-powered iPad Air is a good deal
The VergeMost of Apple’s price increases have gone into effect, resulting in iPads and other products costing hundreds more than they did a few days ago. If last week’s Prime Day sale wasn’t a good time to consider buying an i...
Read article →Federal Reserve says U.S. banks can withstand $708 billion in losses amid overhaul of capital rules
FinanceThe Fed's annual exercise comes at a pivotal moment for bank regulation because, unlike previous years, the results will not affect capital requirements.
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