Market News Today — AI-Curated Stock & Crypto Headlines

Apple reaches $250mn settlement over delayed ‘AI Siri’

iPhone buyers sued the tech giant for touting features in 2024 that have yet to launch

India’s Modi celebrates a return to dominance

BJP’s landslide election in West Bengal shows the prime minister’s ability to appeal to voters across the country

Are AI stocks the new railroad bonds?

To understand what’s going on in the sector, look at 19th-century railroads

Meta plans advanced ‘agentic’ AI assistant for consumers

Social media platform invests in equivalent to OpenClaw that aims to seamlessly carry out everyday tasks for users

Macron nominates former adviser to run the Bank of France

Proposed appointment of Emmanuel Moulin as central bank governor faces intense scrutiny in parliament

Uzbekistan’s London IPO brings frontier markets closer to home

Resource-rich nation’s move into foreign equity markets could tempt investors with the stomach for risk

Global oil reserves plunge at record pace as Middle East war strains supplies

Stocks near 8-year low ahead of summer travel season despite collapse in demand

JPMorgan and BlackRock bosses play down talk of AI bubble

Dimon and Fink upbeat in separate comments about demand for the technology as Wall Street funds sector’s spending

US stock-lending operator charged with $450mn fraud

Federal prosecutors say Val Sklarov sold shares pledged as collateral for loan

Crispin Odey accused of seeking to create a ‘false reality’ by UK regulator

Lawyers for hedge fund boss say that FCA tried to bring sexual harassment case ‘by the back door’

SEC moves to scrap quarterly reporting requirement

Wall Street watchdog suggests allowing public companies to file semi-annual reports

Carney appoints former international prosecutor as Canada’s Governor General

Louise Arbour will hold constitutional role after distinguished legal career