- Futures for major U.S. stock markets were marginally higher on Friday as investors awaited quarterly reports from major banks like JPMorgan (NYSE:JPM) and Citigroup (C).
- JPMorgan’s (JPM) Record Quarter Proves Large Banks Have Found the Optimal Interest Rate Environment
- Intense heat from the dome may break all previous records. A heat dome is baking the South from coast to coast, putting over 112 million people on heat alert yesterday, and it’s not expected to let up until at least Sunday.
- Disney CEO Bob Iger has hinted at the possible sale of ABC and FX, two of the company’s traditional television holdings, due to his belief that such channels are on the verge of extinction.
- The World Health Organization finally decided to classify aspartame as a potential carcinogen, but it also concluded that the sweetener is safe for ingestion within the recommended daily allowance.
- Actors in Hollywood are planning a strike, the first in 43 years. The actors’ guild SAG-AFTRA is on strike because it was unable to negotiate a new contract with Hollywood’s major studios.
- Calibri is officially discontinued by Microsoft. The computer giant is updating the default font in all of its Office software. In the next months, all consumers will begin seeing Aptos, a sans-serif typeface influenced by Swiss lettering from the middle of the twentieth century.
- Select content providers on Twitter will be eligible for ad income sharing.
- Oregon Wineries Suing Warren Buffett’s PacifiCorp for Fire Damage
- U.S. Food and Drug Administration okays first OTC birth control pill.
- Former Celsius CEO Alex Mashinsky was arrested after allegedly misleading clients and attempting to manipulate cryptocurrency prices. Celsius, a cryptocurrency lending platform that collapsed last year owing consumers billions, has settled for $4.7 billion.
GRPN, JPM, MSFT, DKNG, RIVN, WMT, TSLA, HOOD, AMZN, GOOGL, COIN and AAPL were among the several stocks trending this week.
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