Global Investing

S3 Partners data show bearish investors erased a $2.7 billion year-to-date gain in a single session as the stock jumped 30%.

Yields in America, Britain, France and Japan are near 2007-09 highs, and deficits show little sign of narrowing.

Palantir jumps 29% on Karp's conviction call, Musk previews Starlink's future, and new polling shakes up Johannesburg. Sasol and Glencore also report.

Economist James K. Galbraith argues unstable money velocity still undermines the case for targeting the money supply.

Capital expenditure jumped to $18.4 billion in the second quarter, pushing shares down about 7% in after hours trade.