Inflation still a big battle

Fed Chairman Jerome Powell kicks off his Washington testimony saying there is a long way to go on inflation. Barclays cuts its rating on Tesla (TSLA) but admits it may be a gamble. Amazon (AMZN) details Prime Day deals.


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Federal Reserve Chair Powell to repeat expectation that rates will rise more this year
Amazon sets Prime Day for July 11-12 in big test of consumer discretionary spending
Tesla is downgraded at Barclays ahead of Q2 earnings
Ant Group developing own AI large language model
Wall Street rally further cools as Nasdaq, S&P, Dow under pressure after Powell testimony