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Top Wall Street Pit News

SpaceX Starship Prototype Explodes During Static Fire Test at Texas Starbase
SpaceX · Texas

SpaceX Starship Prototype Explodes During Static Fire Test at Texas Starbase

51% Center coverage: 222 sources
Damage from the June 18 anomaly at SpaceX's Starbase test stand will postpone the rocket's tenth flight.See the Story
Second patient death reported with gene therapy for muscular dystrophy
FDA · United States

Second patient death reported with gene therapy for muscular dystrophy

64% Center coverage: 51 sources
See the Story
Google hits setback in bid to overturn multibillion EU antitrust fine in Android case
Google · Brussels

Google hits setback in bid to overturn multibillion EU antitrust fine in Android case

47% Left coverage: 32 sources
Google faced a big setback Thursday in its attempt to overturn a multibillion-dollar European Union antitrust penalty involving Android after a top court’s legal adviser sided with regulators.See the Story

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21 sources

Chase Sapphire Reserve Credit Card Gets a Huge Facelift: Benefits, Annual Fees, How to Get It

Left43%
Center57%
Right0%

Microsoft planning thousands of job cuts aimed at salespeople, Bloomberg News reports

38% Left coverage: 24 sources
Microsoft is planning to cut thousands of jobs, particularly in sales, as the tech giant streamlines its workforce amid increased investments in artificial intelligence, Bloomberg News reported on Wednesday, citing people familiar with the matter. Microsoft · United StatesSee the Story

Circle Stock Jumps 30% After Senate Passes Stablecoin Bill

67% Center coverage: 3 sources
Coinbase and Circle stock prices surged on Wednesday trading following the US Senate’s approval of the GENIUS Act.Donald TrumpSee the Story

Friday's $6.5 Trillion Notional Options Expiry Stock Poised to Stir Markets

Traders across Wall Street are preparing for $6.5 trillion in options contracts expiring this Friday, an event that could snap the market out of the flat, low-energy pattern it’s been stuck in since May. This expiration covers a pile of different exchange-traded contracts, all scheduled to close out at once. That timing, which happens four times a year, is what some traders call “triple witching.” The actual expiry day isn’t expected to blow thi…Stock Markets · New YorkSee the Story

OpenAI Revamps Pricing for ChatGPT Business Tier - Wall Street Pit

OpenAI has shifted ChatGPT Enterprise from a fixed-price model to a credits-based system, allowing businesses to buy credits for advanced tools and features, as reported by The Wall Street Journal. The company, which reached $10 billion in annual recurring revenue by June 2025, is offering 10% to 20% discounts on…OpenAI · San FranciscoSee the Story

Fed Stays Put, But Cut Plans for 2025 Remain in Play - Wall Street Pit

The Federal Reserve unanimously maintained its benchmark interest rate at 4.25%-4.5% for the fourth consecutive meeting, projecting two rate cuts for 2025, unchanged from its March forecast. Fed officials revised their outlook, expecting core PCE inflation to rise to 3.1% this year from 2.8%, dropping to 2.4% by 2026, while…Federal Reserve · United StatesRead Article

Broadcom’s 340% Rally Has Wall Street Debating If It's Magnificent Seven Material

100% Left coverage: 1 sources
Broadcom Inc. (AVGO) has surged 340% since 2023, reaching a $1.2 trillion market cap, driven by AI-related chip and networking businesses, positioning it as a potential Magnificent Seven member. Analyst estimates project Broadcom’s sales to grow 22% in fiscal 2025 and 21% in 2026, second only to Nvidia (NVDA), while…Broadcom · San JoseSee the Story

Salesforce Raises Enterprise Software Prices 6% As Company Pushes AI-Powered Agentforce Platform - Informatica (NYSE:INFA), Salesforce (NYSE:CRM)

100% Center coverage: 3 sources
Salesforce Inc. (NYSE:CRM) announced Tuesday it will increase prices for its Enterprise and Unlimited Editions by an average of 6% starting August 1, as the cloud software giant promotes new artificial intelligence capabilities through its Agentforce platform. What Happened: The price hikes affect Sales Cloud, Service Cloud, Field Service and select Industries Clouds products. Salesforce said the increases “reflect the significant ongoing innova…Artificial Intelligence · San FranciscoSee the Story

EU-US Trade Negotiations: A Complex Path to Agreement

50% Center coverage: 6 sources
European Commission President Ursula von der Leyen is pushing for a trade deal with the U.S., despite complexity in negotiations, aiming to finalize by July 9. She remains optimistic amidst President Trump's claims of EU being unfair. Oil prices currently impact decisions on Russian oil caps.Ursula Von Der LeyenSee the Story

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