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White House AI crackdown opens door Chinese model makers to close gap

TazaPulseJune 30, 2026

Dario Amodei, co-founder and chief executive officer of Anthropic, at the AI Impact Summit in New Delhi, India, on Thursday, Feb. 19, 2026. Prakash Singh | Bloomberg | Getty Images The Trump administration’s crackdown on Anthropic’s leading artificial intelligence models is looking like a gift to the country’s top adversary in the AI race: China...

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SCOTUS decisions, Dow at 52,000 and more: Morning Squawk

TazaPulseJune 30, 2026

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. As someone with protein coffee in their fridge, I can’t say I’m surprised that “functional beverages” are taking off. Stock futures are positive this morning. The market is coming off a winning day. Here are five key things investors need...

Mag 7 value shrinks by $2.3 trillion amid AI spending jitters

TazaPulseJune 30, 2026

Jakub Porzycki | Nurphoto | Getty Images Around $2.3 trillion has been wiped off the value of the Magnificent 7 this month as the tech giant’s huge infrastructure spending is increasingly scrutinized by investors, who see stronger returns in other parts of the market. The Mag 7 comprises Microsoft, Nvidia, Alphabet, Apple, Meta, Tesla and...

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Australia’s competition regulator takes Amazon to court over alleged unfair Prime subscription contract terms

TazaPulseJune 30, 2026

The logo and lettering of online retailer Amazon can be seen on the façade of Amazon Germany’s headquarters. Sven Hoppe | Picture Alliance | Getty Images Australia’s competition regulator is taking Amazon‘s Australian unit to court, alleging that unfair terms in its Prime subscription contracts allowed the company to introduce advertising to its video streaming platform....

AeroVironment stock soars on earnings beat, backlog grows to $1.2B

TazaPulseJune 30, 2026

Aerovironment stock ripped 19% higher on Monday after the bell as the dronemaker reported fourth-quarter earnings that beat on the top and bottom lines. The company smashed expectations, reporting earnings of $1.84 per share while analysts polled by LSEG were expecting $1.46 per share. Revenue also came in ahead, more than doubling to $642 million...

Alphabet stock pops on Dow debut, but AI questions loom

TazaPulseJune 29, 2026

Alphabet shares rose 4% Monday as the company officially joined the Dow Jones Industrial Average, replacing Verizon and adding a symbolic blue-chip designation. The move comes despite continued pressure on the stock. Even with Monday’s gain, Alphabet is still tracking for its worst month since February of last year, with six of the past seven...

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5 things to know before the stock market opens Monday

TazaPulseJune 29, 2026

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy start to a short week. Stocks are slightly higher, Greg Abel is a U.S. citizen and the U.S. is prepping for a scorcher for the holiday — with air conditioning. Here are five key things investors need to know to start...

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SpaceX $25 billion bond sale raises investor questions

TazaPulseJune 29, 2026

A live feed shows SpaceX CEO Elon Musk on the day of SpaceX’s initial public offering (IPO) at the Nasdaq MarketSite, in New York City, U.S., June 12, 2026. Jeenah Moon | Reuters SpaceX’s $25 billion foray into debt markets appeared to be well received by bond markets last week, with huge demand for the...

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Trump bought Axon stock before ICE sought $220 million Taser deal

TazaPulseJune 29, 2026

President Donald Trump bought as much as $5 million in shares of Axon Enterprise — maker of Tasers, body cameras and policing software — two weeks before Immigration and Customs Enforcement sought a five-year, $220 million contract that experts told CNBC appeared tailored to the company’s weapons. On Feb. 10, Trump purchased between $1 million...

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Baidu shares jump 7% as AI chip arm Kunlunxin said to target $50 billion Hong Kong IPO

TazaPulseJune 29, 2026

A general view of the Baidu logo is seen at the Shanghai New Expo Center during the World Artificial Intelligence Conference 2025 in Shanghai, China, on July 28, 2025. Ying Tang | Nurphoto | Getty Images Hong Kong-listed shares of Baidu surged more than 7% Monday on reports that its artificial intelligence chip unit Kunlunxin...