Writing the summary…
Trump’s diesel order exposes White House limits to counter surging fuel prices
Source: CNBC
Original reporting
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CNBC
Apollo, banks in talks to finance SpaceX's $40 billion Nvidia GPU purchase
Since SpaceX's record-breaking IPO in June, rates have sold off, and yields on its bonds have risen, along with other AI-related bonds.
CNBC
Americans grow more pessimistic about their finances, New York Fed finds — expert warns of ‘tough choices’ ahead
As affordability pressures mount, Americans are increasingly concerned about their financial future, the New York Fed's data shows.
CNBC
Oil prices fall as IEA members agree to prioritize release of diesel stocks
Iran's move to step up attacks on tankers which are transiting through the Strait of Hormuz has also led to renewed worries over oil supplies among traders.
CNBC
Modelo owner Constellation is getting creative to bring back beer drinkers as overall demand weakens
Constellation Brands beat earnings and revenue expectations as beer brands gained share, while inventory rebuilding and consumer caution clouded demand.
CNBC
New data strengthens our faith in a TJX comeback. Plus, the Nvidia-Microsoft PC is here
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
CNBC
Microsoft to sell $2,599 Surface Laptop Ultra containing Nvidia AI chip
The new device shows Microsoft remains committed to making its own PCs even though it's not one of the top device makers.