Starmer prepares for King's Speech as he faces leadership crisis
King Charles III will attend Parliament to deliver the speech outlining the government's agenda.

King Charles III will attend Parliament to deliver the speech outlining the government's agenda.

Ghana has postponed South African President Cyril Ramaphosa's state visit due to rising xenophobic tensions. Hundreds of Ghanaians have been repatriated from South Africa following protests against foreigners.

Supreme Court Justices Elena Kagan and Amy Coney Barrett will testify before a House Appropriations subcommittee on July 14 regarding the court's fiscal 2027 budget request. This marks the first time justices have testified to Congress since 2019, amid heightened security concerns.

Investors sold off semiconductor stocks Tuesday after Samsung Electronics' earnings, despite surpassing Nvidia and Apple, failed to meet high AI demand expectations. This led to significant drops in Samsung, SK Hynix, and US memory makers, with concerns growing over AI spending and memory prices.

Jim Cramer's CNBC Investing Club recap highlights a market downturn led by tech stocks, with a rotation towards healthcare and financials. Cramer advises buying strong companies hit hardest by the sell-off, noting positive movement in healthcare giants like J&J and Eli Lilly, and potential for Wells Fargo and Capital One in financials.

Robots like Moxi, used in US hospitals for supply delivery, are increasingly available through rental or subscription models, known as robotics-as-a-service. This approach lowers upfront costs for institutions and individuals, allowing access to rapidly evolving technology and avoiding obsolescence, with companies like 1X offering humanoid home helper robots on similar terms.

A new academic study found that generative AI platforms provide financial advice that can be inaccurate, demographically biased, and vary significantly between programs. Researchers examined seven free-access AI tools, noting that while they may sound confident, their outputs can be incomplete or misleading, raising concerns about consistency and fairness.