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MARKETSSTORY 841· JULY 22, 2026

Musk Says Tesla and SpaceX Are Growing Closer, Won't Discuss a Merger

"Overlap" is corporate shorthand for when two businesses share enough technology or operations that they become harder to run as separate entities. Elon Musk used that word to describe what he sees between Tesla (TSLA) and SpaceX, making…

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Microsoft cuts 268 Xbox jobs during Activision integration

Microsoft has reduced its Xbox division workforce by 268 positions. This cut happens as the company integrates Activision Blizzard and shifts oversight of the Halo franchise. In plain terms, a workforce reduction means the company is…

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12MARKETS

Japan Policy Shift Threatens Yen Carry Trade Investors

The short version is that Japan’s central bank is tightening monetary policy, which creates a risk for investors who used the yen to borrow cheaply and buy higher-yielding assets elsewhere. This strategy is known as a carry trade, where a…

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Tech CEOs to Join Xi at White House Dinner

Microsoft CEO Satya Nadella is scheduled to sit down with Apple CEO Tim Cook, Nvidia CEO Jensen Huang, OpenAI CEO Sam Altman, and Qualcomm CEO Cristiano Amon at a White House state dinner for Chinese President Xi Jinping on September 24. A…

markets2 MIN

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