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Trump sues IRS, Treasury for $10 billion over leak of his tax returns3:42 President Donald Trump filed a $10 billion lawsuit Thursday against the Internal Revenue Service and the Treasury Department — with the potential for U.S. taxpayers to pay for it. Trump says he’ll announce his Fed pick Friday morning. Here’s who’s in the lead, according to prediction markets.3:10 President Donald Trump said he’ll announce his nominee to chair the Federal Reserve on Friday morning — and prediction markets have turned sharply toward a former Fed governor for the post. Trump throws down new tariff threats toward Canada and Mexico2:39 Canada may face 50% tariff on aircraft, Trump says, while also ordering tariffs against countries selling oil to Cuba OpenAI reportedly eyeing an IPO by year’s end, ahead of Anthropic1:35 OpenAI is eyeing an initial public offering before the end of the year, hoping to beat rival AI startup Anthropic to the punch, the Wall Street Journal reported late Thursday. Apple’s stock rises as Tim Cook gives just enough detail on Wall Street’s most burning question1:35 The iPhone maker projected gross margins well ahead of Wall Street estimates, reassuring investors that it’s successfully managing the surge in memory prices Sandisk’s eye-popping earnings forecast helps justify 1,400% stock surge0:31 The storage maker’s revenue guidance was almost 60% higher than the Wall Street consensus and profit guidance was more than double that analysts had expected. Stocks, gold and copper see big swings that show investors have few places to hide23:59 The volatility seen across asset classes on Thursday may give investors a hint at what’s to come and leave them with fewer places to hide. |
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