Fliehman Financial

“Customs duties totaled about $27 billion for the month, up from $23 billion in May and a 301% gain from June 2024.”

Treasury posts unexpected surplus in June as tariff receipts surge Last month saw a surplus of a little more than $27 billion, following a $316 billion deficit in May.

Netflix said Wednesday its cheaper, ad-supported tier now has 94 million monthly active users.

Netflix says its ad tier now has 94 million monthly active users Netflix also touted the success of ads on its platform and said its cheapest tier reaches more 18- to 34-year-olds than any U.S. broadcast or cable network.

What will happen to the stock market??

U.S. and China agree to slash tariffs for 90 days in major trade breakthrough The U.S. and China on Monday agreed to suspend most tariffs on each other's goods in a move that shows a thawing of trade tensions.

“People have emotions,” he added. “But you got to check them at the door when you invest.”

Buffett downplays recent market volatility as 'really nothing,' saying it's part of investing Buffett pointed out that there's been three occasions under his leadership where Berkshire Hathaway stock has declined 50%.

“On Friday, Meta and Booz Allen Hamilton began deploying Meta’s open-source artificial intelligence model, Llama, in space.”

Meta and Booz Allen partner on 'Space Llama' AI program with Nvidia and HPE The tech stack includes Meta's Llama 3.2, powered by Hewlett Packard Enterprise's Spaceborne Computer-2 and Nvidia graphics processing units.

“Amazon and Nvidia executives said they only see power demand rising due to artificial intelligence.”

Amazon and Nvidia say AI data center demand is not slowing down Recession fears and the advent of China's DeepSeek have investors questioning whether U.S. tech companies will pullback on their data center plans.

“OpenAI released its newest AI model that it said can understand uploaded images like whiteboards, sketches and diagrams, even if they’re low quality.”

OpenAI says newest AI model can 'think with images,' understanding diagrams and sketches OpenAI released its newest AI model and said it can understand uploaded images like whiteboards, sketches and diagrams, even if they're low quality.

A startup backed by Amazon. Interesting!

Anthropic steps up competition with OpenAI, rolls out $200 per month subscription Anthropic on Wednesday introduced Claude's Max plan, a new subscription tier for its viral chatbot and ChatGPT competitor.

“Companies are facing a new threat: Job seekers who aren’t who they say they are, using AI tools to fabricate photo IDs, generate employment histories and provide answers during interviews.”

Fake job seekers are flooding U.S. companies that are hiring for remote positions, tech CEOs say Companies have long faced external attacks from hackers. Now, thanks to generative AI, another threat has emerged: Employees who aren't who they say they are.

What was the phrase? Buy ___ and sell high?

Major stock indexes churn as traders try to find a bottom to market's tariff tantrum: Live updates Trump posted on Saturday to Truth Social for people to "hang tough" and that this was an "economic revolution."

Microsoft turning 50!

As Microsoft turns 50, Nadella sees future success built on ability to 'win the new' Microsoft is in a strong position 50 years into its existence, but regulations and competitive pressures in artificial intelligence challenge future growth.

“Nintendo stock, traded in Japan, is up nearly 28% so far this year in anticipation of the Switch 2.”

Nintendo Switch 2 details: Price, screen size, controllers, microphone chat and games Nintendo will launch game titles including "Mario Kart World" and "Street Fighter 6" alongside the new hardware.