China’s Chang’e-6 lunar probe returned to Earth on Tuesday, bringing back the first-ever samples from the far side of the moon.
Rivian secures up to $5 billion from Volkswagen, shares soar more than 50%
Volkswagen plans to invest up to $5 billion in electric vehicle startup Rivian, starting with an initial investment of $1 billion.
German airline Lufthansa hikes ticket prices by up to $77 due to environmental costs
Lufthansa Group said Tuesday that it would add an “environmental cost surcharge” to ticket prices as soon as this week.
EU charges Microsoft with ‘abusive’ bundling of Teams and Office, breaching antitrust rules
The European Union on Tuesday accused Microsoft of breaching antitrust rules with the “abusive” bundling of its Teams and Office products.
Novo Nordisk’s Wegovy weight loss drug approved in China
Novo Nordisk said Tuesday that its Wegovy weight loss treatment has been approved in China for long-term weight management.
He’s only 28 but has revitalized France’s far right: Meet the man who could be the country’s next prime minister
Marine Le Pen’s protégé, Jordan Bardella, could be thrust into one of the most powerful role in French politics.
Did Inflation Kill the CAPM?
While the immediate future may not be promising for the equity premium, it looks bright for factor premiums.
Nvidia slides 13% in three days after briefly becoming most valuable company
Nvidia shares fell 6.7% on Monday, the chipmaker’s third down day in a row, and the stock is now off 13% from its peak last week.
Oracle warns that a TikTok ban would hurt business
Oracle provides cloud services to TikTok, and is warning investors that a ban of the app could hurt the company’s revenue.
Asia-Pacific markets mostly higher after U.S. tech sell-off
Investors in Asia will assess South Korea’s consumer sentiment index for June, as well as Japan’s service sector producer prices.