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GLOBAL MARKETS-S&P 500, Nasdaq post record closes, Nvidia closing valuation $4 trillion
S&P 500, Nasdaq post record closing highs50% tariff on US copper imports to begin August 1, says TrumpBitcoin hits fresh recordBy Caroline Valetkevitch NEW YORK, July 10 (Reuters) - The S&P 500 and Nasdaq registered record closing highs on Thursday, and Nvidia's NVDA.O market value cl...Reuters
Thu, Jul 10
Other
Magnum Ice Cream Co names Jochanan Senf as Ben & Jerry's CEO
July 10 (Reuters) - The Magnum Ice Cream Company said on Thursday it has appointed Jochanan Senf as the global chief executive officer of Ben & Jerry's, effective mid-July.The leadership change comes as Ben & Jerry's independent board is locked in a legal fight with parent Unilever U...Reuters
Thu, Jul 10
Other
Law firm Dechert says lawsuits accusing it of using hired hackers have been resolved
By Raphael Satter WASHINGTON, July 10 (Reuters) - Philadelphia-based law firm Dechert said on Thursday that a pair of U.S. lawsuits accusing it of using hired hackers to win in court have been resolved without any admission of liability. Dechert and others, including U.S. public relations operati...Reuters
Thu, Jul 10
Cryptocurrencies
Pentagon invests $400 million for a 15 percent stake in MP Materials
The Pentagon has agreed to spend $400 million to take a 15 percent ownership stake in MP Materials, a U.S. company that mines and processes rare earth elements. In addition to the equity purchase, the Department of Defense will back a new magnet factory capable of producing 10,000 metric tonnes per year, with operations expected […]Cryptopolitan
Thu, Jul 10
Stocks
Stock Market Today: Nu Holdings Slides 4.5% While Broader Market Gains
Shares of Nu Holdings (NYSE: NU) tumbled 4.5% on Thursday, July 10, to close at $13.03, marking a significant pullback. The Brazilian digital banking platform's stock traded on unusually high volume, with approximately 107.8 million shares changing hands -- roughly 79% above its 50-day average volum...The Motley Fool
Thu, Jul 10
Other
US judge won't block 23andMe bankruptcy sale to co-founder
By Daniel Wiessner July 10 (Reuters) - A federal judge on Thursday declined to block the bankruptcy sale of genetic testing company 23andMe to its co-founder Anne Wojcicki pending the outcome of a legal challenge by California.U.S. District Judge Matthew Schelp in St. Louis, Missouri, during a he...Reuters
Thu, Jul 10
Commodities
CANADA-CRUDE-Discount on Western Canada Select narrows to $10 a barrel
July 10 (Reuters) - The discount on Western Canada Select to the North American benchmark West Texas Intermediate futures CLc1 narrowed on Thursday to its tightest discount this month.WCS for August delivery in Hardisty, Alberta, settled at $10 a barrel under the U.S. benchmark WTI, according to bro...Reuters
Thu, Jul 10
Other
Health Rounds: New autism discovery paves way for personalized care
By Nancy LapidJuly 10 (Reuters) - Hello Health Rounds Readers! Today we share news of groundbreaking research into the genetics of autism. We also highlight the first study to test whether consumer wearables might help detect surgery complications in children.Discovery of autism subtypes paves way f...Reuters
Thu, Jul 10
Cryptocurrencies
Strategy could begin selling Bitcoin holdings as tax threats stir concerns
Strategy (MSTR) is modestly up on Thursday as the firm revealed that it could be forced to sell part of its Bitcoin (BTC) holdings if subjected to a corporate alternative minimum tax (CAMT) on unrealized gains from its digital asset reserve.
Fxstreet
Thu, Jul 10
Stocks
KalVista Pharma ticks down after $100 mln stock offering filing
** Shares of KalVista Pharmaceuticals KALV.O down 0.5% to $15.44 on light post-market volume as co seeks equity raise ** Cambridge, Massachusetts-based firm files up to $100 mln "at-the-market" (ATM) equity sales program to be handled by TD Cowen ** Co plans to use any net pr...Reuters
Thu, Jul 10
Stocks
US Cellular up after DOJ clears way for T-Mobile's $4.4 billion deal
** Shares of regional wireless carrier United States Cellular USM.N up 1.7% at $68.74 after the bell** U.S. antitrust enforcers clear T-Mobile's TMUS.O $4.4 billion acquisition of USM; say that U.S. Cellular customers would get more reliable service from the deal** Gail Slater, head of the justi...Reuters
Thu, Jul 10
Commodities
FACTBOX-How a 50% US tariff rate could affect Brazilian exports
By Roberto Samora SAO PAULO, July 10 (Reuters) - U.S. President Donald Trump said he plans to impose 50% tariffs on all products from Brazil starting August 1, which could have a sharp impact on South America's agricultural powerhouse.The U.S. is the second biggest destination for Brazil'...Reuters
Thu, Jul 10
Commodities
US Plains HRW Wheat-Basis flat with trade quiet
CHICAGO, July 10 (Reuters) - Spot basis bids for hard red winter wheat were steady in a spot check of locations on the U.S. Plains on Thursday in a day of quiet trade, according to dealers.The U.S. Department of Agriculture reported export sales of U.S. 2025/26 wheat in the week ended July 3 at 567,...Reuters
Thu, Jul 10
Stocks
TRADING DAY-New highs, almost no news
July 10 - TRADING DAY - Making sense of the forces driving global markets By Alden Bentley, Editor in Charge, Americas Finance and Markets Jamie is enjoying some well-deserved time off, but the Reuters markets team will still keep you up to date on why two benchmark stock indexes, and bitco...Reuters
Thu, Jul 10
Commodities
Canada's Hudbay Minerals suspends Snow Lake operations due to wildfire
July 10 (Reuters) - Canadian copper miner Hudbay Minerals HBM.TO said on Thursday it has temporarily suspended operations in Snow Lake due to a wildfire in Northern Manitoba.Some exploration work near Snow Lake has also been paused, the company said.The miner has secured all assets and left a limite...Reuters
Thu, Jul 10
Cryptocurrencies
Legal troubles intensify for BitBoy following new arrest
Ben Armstrong, the controversial crypto influencer mainly known as “BitBoy,” was arrested in Cherokee County, Georgia, late last month on six counts of harassing phone calls. This marks yet another legal setback for the controversial influencer. According to public jail records, BitBoy was booked into the county jail on June 27 and released the following […]Cryptopolitan
Thu, Jul 10
Other
ADVISORY-Dated alert on United Fire Group Inc withdrawn
A dated alert on United Fire Group Inc UFCS.O issuing $70 million in Series A notes was inadvertently published from an SEC filing and has been withdrawn.There will be no substitute.STORY_NUMBER:nFWN3T70SGSTORY_DATE:10/07/2025STORY_TIME:08:09 PM GMTReuters
Thu, Jul 10
Stocks
Stock Market Today: Nvidia Sets New Standard, Closes Above $4 Trillion Mark
Nvidia (NASDAQ: NVDA) shares climbed 0.7% on Thursday, July 10, to close at $164.10, outperforming the broader market and pushing the chipmaker over the $4 trillion market capitalization threshold at the close of trading. The stock traded between $161.63 and $164.49 throughout the session, and the ...The Motley Fool
Thu, Jul 10
