The Communication Services Select Sector SPDR Fund (XLC)

The deal, reported by media outlets, will be a non-exclusive agreement to license specific Windsurf technology.

In June, the European Commission warned that Meta could face daily fines if it did not modify its ‘pay-or-consent’ model to comply with EU regulations.

TikTok is developing a U.S.-only app with a separate algorithm and data system to comply with U.S. law and facilitate a potential sale amid political and trade tensions with China.

The proposed plan envisions that U.S. users will eventually download the new app to continue using its service, but the new app will remain functional until March 2026.

Traders rushed into leveraged ETFs tied to Tesla, Nvidia, and Palantir in June, signaling renewed risk appetite in tech.

Trump’s lawsuit alleged election interference, claiming that the then-Vice President Harris’ response in the “60 Minutes” interview was “doctored to confuse, deceive, and mislead the American People.”

The president said the call may need to be rescheduled, adding that he would use another provider the next time.

The shares of the media giant have gained considerably after its second-quarter earnings report, which also included a bullish outlook for 2025.

A deal that was in the works in Spring could not fructify after China declined to approve the offer following Trump’s sweeping “Liberation Day” tariff announcements.

Meta stock is up over 21% this year as the company integrates AI into its product offerings, and the ad spending has improved from the lows seen in 2022.