Musk’s DOGE cuts helped his companies avoid over $2 billion in legal liabilities, new Senate report alleges

The Nasdaq Biotechnology Index (NBI) has gained 6.5% this year, outpacing gains from both the S&P 500 and tech-heavy Nasdaq Composite.

“The collapse in commodities [prices] is a circuit breaker, a sign that a global recession is afoot,” says Marko Papic of BCA Research.

Boeing’s cash burn is easing this quarter and its factories are improving, the aerospace giant’s CFO Brian West’s said.