Nvidia's earnings report on Wednesday afternoon will deliver insights into how the company is navigating trade tensions with China and whether the AI economy is showing signs of cracking.
Why it matters: The bellwether AI stock has mushroomed into an outsized force in the S&P 500, now accounting for about 8% of the index.
The parents of a 16-year-old Californian who killed himself last spring have filed suit against OpenAI suggesting that the company's ChatGPT bears responsibility for Adam Raine's death, The New York Times and other outlets reported.
Why it matters: It's the latest in a series of high-profile cases where AI chatbots are being blamed for encouraging people to kill themselves, or for failing to stop them from doing so.
Perplexity on Monday said it would launch a new subscription product called Comet Plus that gives participating publishers an 80% cut of all revenue earned from subscription fees.
Why it matters: Perplexity wants to play nice with publishers, but its new product will need significant user adoption to ensure its media partners reap meaningful rewards.
President Trump's push to oust Federal Reserve governor Lisa Cook tees up the first test of the limits the Supreme Court recently set for politically-motivated threats to fire officials on independent boards like the central bank.
Why it matters: Trump has been hammering the Fed for months to lower interest rates and has repeatedly threatened to fire Cook and Chair Jerome Powell to make that happen, threatening the bank's independence.
Apple sent invitations on Tuesday for a Sept. 9 media event where it is expected to introduce the latest crop of iPhones and other hardware.
Why it matters: Apple's fall product launch is one of the most-watched events in the industry; this year, the company is expected to add a thinner iPhone to its lineup.
Streamers are eyeing splashy in-person experiences to court younger demographics who crave stronger connections with their favorite shows and platforms.
Why it matters: For years, streaming services poured money into digital customer acquisition. But in a saturated and maturing U.S. market, they're stepping outside the screen.
NASCAR on Thursday will launch its first-ever Substack newsletter, becoming the first major sports league to partner with the email platform, NASCAR chief brand officer Tim Clark told Axios.
Why it matters: It's part of a broader effort by the league to provide younger fans with a closer connection to drivers and their stories off the racetrack.
A federal judge on Tuesday dismissed the Trump administration's lawsuit against all 15 federal judges in Maryland for slow-walking his immigration agenda.
Why it matters: The judge ruled that filing a lawsuit against judges instead of appealing was not the appropriate avenue for the Justice Department to challenge the judiciary.
For years, job hopping was the surest path to a hefty raise.
Not anymore — now, pay raises for those who switch employers are the same as for those who stick around.
Why it matters: The slowing job market — particularly for professionals — is giving employers the upper hand on pay, a new Bank of America Institute report points out.
Top editors from Reuters and the Associated Press on Tuesday sent a joint letter to Israeli officials demanding a "clear explanation" for airstrikes on a Gaza hospital that killed five journalists on Monday.
Why it matters: The deaths underscore growing fears that Israel's Gaza campaign is endangering journalists at unprecedented levels, threatening global press freedom.
Google on Monday warned customers that it may remove Fox Corp.-owned channels, such as Fox Sports, Fox News and Fox Business, from YouTube TV if it doesn't resolve a carriage dispute by 5pm ET on Wednesday.
Why it matters: These types of fights are common between TV carriers and networks ahead of football season, and contracts are typically designed to expire in August for that reason.
Stocks are barely under pressure, the dollar recovered the worst of its losses and the yield curve continued to steepen after President Trump fired Federal Reserve governor Lisa Cook on Monday.
Why it matters: These market moves are fairly muted in response to the administration's latest attempt to threaten central bank independence.
AT&T said Tuesday it would buy wireless licenses from EchoStar for $23 billion, after a years-long saga over what the latter would do with its vast spectrum holdings.
Why it matters: EchoStar was reportedly under pressure from regulators and the White House to either start selling its spectrum or potentially lose it.
Why it matters: It's legally unclear if the president has that power. So Trump touched off a historic legal fight that threatens the central bank's political independence.
IBM and AMD have agreed to collaborate on quantum computing, creating a powerful tech duo amid growing optimism that the technology will have real-world implications sooner rather than later.
Why it matters: Quantum computing could have huge implications for everything from drug discovery, to financial modeling, to AI development.
Almost 2 in 3 physicians say there aren't enough qualified doctors to fill openings in their area, in another sign of how the health care workforce is straining to meet patient demand.
The big picture: Mergers and acquisitions of practices, turnover from pandemic-era burnout and expansion into underserved areas are raising doubts about whether the nationwide shortage of doctors will ease over the next decade, a Medscape survey of 1,001 physicians found.
As big drug companies line up to announce new U.S. jobs and plants in the face of Trump tariff threats, generics giant Sandoz is sending a different message.
The big picture: CEO Richard Saynor is telling the Trump administration it should use carrots, not sticks, with generic drug makers that account for more than 90% of U.S. prescriptions but that compete on price and volume — to a point where, as he puts it, antibiotics sell for less than a packet of M&Ms.
Hopes for lower interest rates are an invitation for small-cap stocks, typically those with valuations under $2 billion, to join the market rally.
Why it matters: As the market is increasingly concentrated in Big Tech names, investors are looking for places to diversify. Small caps are finally breaking out relative to large caps, in a trend that could be primed to continue.
To President Trump's many roles, formal and self-designated, add a new one to the list: chairman of all boards.
The big picture: The president has assumed a quasi-authority to orchestrate how the private sector operates, both broadly and down to the management and ownership of individual companies.
Why it matters: There's been significant anecdotal evidence of an AI-related slowdown in hiring for certain jobs, but new data shows a real and measurable impact for entry-level workers.
President Trump said he had fired Federal Reserve governor Lisa Cook on Monday, though the top Fed official later said she won't leave the post.
Why it matters: The firing is a legally dubious move that further threatens the central bank's political independence, one that might set up a legal battle in the months ahead.
Democratic Congress members responded with fury on Monday after President Trump said he's firing Federal Reserve governor Lisa Cook.
Why it matters: Some lawmakers are calling on the federal judiciary to swiftly strike down Cook's ouster, arguing that the president has no legal basis for it.
Elon Musk's X, formerly known as Twitter, and his AI startup xAI, have sued Apple and OpenAI, accusing the pair of having "locked up markets to maintain their monopolies and prevent innovators like X and xAI from competing."
Why it matters: The lawsuit is the latest salvo in an escalating war among Silicon Valley titans over the future of AI.