- Former President Donald Trump promoted his family’s upcoming crypto platform, “The Defiant Ones,” on Truth Social, urging his 7.5 million followers to join in taking a stand against big banks and financial elites. This marks the first time Trump has personally endorsed the unactivated digital bank.
- GM-owned Cruise will partner with Uber to offer driverless rides starting next year. The multi-year agreement aims to revive Cruise’s robotaxi business, which halted operations after an incident in October 2023.
- Peloton shares fell 2.4%, following a 35% surge the previous day due to strong quarterly results and a return to sales growth. The drop came after JPMorgan downgraded the stock, citing a mixed outlook for the year ahead.
