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US House Speaker Johnson sees no immediate Russia sanctions action
WASHINGTON (Reuters) -U.S. House of Representatives Speaker Mike Johnson said on Tuesday he does not think the U.S. Congress should consider sanctions on Russia until after President Donald Trump’s 50-day deadline for Moscow to end the war in Ukraine.”We were talking about sanctioning Russia,” the Louisiana R … Read More >>

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Musk’s xAI working to raise up to $12 billion, WSJ reports
Valor Equity Partners, an investment firm whose founder, Antonio Gracias, has close ties to Musk, is in talks with lenders to raise the capital, according to the report.The money would be used to buy a massive supply of advanced Nvidia chips that would be leased to xAI for a new massive data center meant to … Read More >>

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Tesla’s easy money from regulatory credits set to dry up amid weakening sales
SAN FRANCISCO (Reuters) -A key driver of Tesla’s profit is disappearing fast as the U.S. government changes policies on an environmental asset known as regulatory credits.Investors are likelyÂ to have a number of questions for Chief Executive Elon Musk when Tesla reports second-quarter results on Wednesday. … Read More >>

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Lockheed profit dives 80% on $1.6 billion charge, shares tumble
(Reuters) -Lockheed Martin reported on Tuesday that its second-quarter profit plunged by about 80%, after the U.S. defense group recorded a pretax loss of $1.6 billion, mainly linked to a classified program within its Aeronautics segment, sending its shares down more than 8%.The company also trimmed its 2025 … Read More >>

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