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Yen records biggest weekly drop in over two months, dollar climbs for the week

GLOBAL-FOREX/ (UPDATE 5, GRAPHICS):FOREX-Yen records biggest weekly drop in over two months, dollar climbs for the week

Stocks edge back up as oil prices pause climb but yields hover near highs

GLOBAL-MARKETS:Stocks edge back up as oil prices pause climb but yields hover near highs

'Insightful Suggestions': PM Modi Lauds Youth Response On Insta Video

PM Modi thanks youngsters for their feedback after his paper leak crackdown video went viral.

Qualcomm Plans To Increase Its Prices By Double Digits

The company said it had exhausted its ability to absorb higher costs from suppliers and had made attempts to secure alternative components from new sources.

Q1 Results Highlights: NTPC Profit Rose 12%, Margin Beat Estimates; SAIL Margin Expanded Amid Profit Decline

We will be back with more updates!

Meta Upgrades AI Assistant With Task Automation Features, Expands Push Into Personal AI

Meta launches smarter AI assistant that can automate tasks, plan schedules and manage projects

Tap Instagram To Connect With Youth Via Reels, Interactive Sessions: PM Modi Advises Ministers

File image of Prime Minister Narendra Modi

ITR Deadline Nears: Filing Chaos? Taxpayers, CA Complaint Of Portal Snags On Social Media

Income Tax e-filing portal faces glitches as taxpayers rush to file ITR before July 31

MEA Confirms Death Of Indian National In Attack On Commercial Vessel In Black Sea

Another commercial vessel with Indians onboard came under attack in Ukraine on July 19.

Diet Coke Turns Costlier: Why Iran War Forced Coca Cola To Tweak Price, Can Size In India

Due to the prolonged Middle East turmoil, which has blocked its supply chain, Coca-Cola has increased the price of Diet Coke, which is mostly marketed in aluminium cans in India

American Express shares tumble despite robust earnings, higher revenue outlook as rising costs weigh on sentiment

Total card spending, or billed business, climbed 9% year over year to $455.8 billion on a foreign exchange-adjusted basis. Quarterly revenue also rose 10% to $19.6 billion, reflecting healthy consumer activity

Opus 5 Out: Anthropic Launches Latest AI Model That Nearly Matches Fable 5 Capabilities

Anthropic's Fable 5, which was released in June, was momentarily unavailable.

Rodri Out: Setback For Man City Campaign As Midfield Maestro Is Set To Undergo Back Surgery

Spain and Manchester City midfielder Rodri

Delhi Police Says No Ban Imposed On Food Delivery, Calls Social Media Claims 'Rumours'

The clarification comes after an initial advisory by the Delhi police aimed to "regulate" movement of app-based mobility, ride-hailing, food delivery, logistics and e-commerce platforms in and around the protest sites.

'Chief Minister Is Ready': Tamil Nadu Speaker Says TVK Govt Will Bring Industrial Revolution In State

Tamil Nadu Legislative Assembly Speaker J C T Prabhakar said the state's upcoming budget session would bring proactive economic reforms.

Small-cap Orient Technologies shares to be in focus on Monday after ₹76 crore NPCI order

Orient Technologies is set to gain attention after receiving a ₹76.2 crore order from NPCI for server supply, scheduled over 18 weeks. This contract strengthens its capabilities in enterprise infrastructure amid a volatile stock trend, down 37% in 2026 and struggling for momentum.

NEET Paper Leak Fallout: Delhi Police Sets Up Special Task Force To Probe Examination Offences

The move comes under the provisions of the Public Examinations (Prevention of Unfair Means) Act, 2024.

'US Must Win The AI Race': Sam Altman Reacts As Jensen Huang Bats For Open Models In First X Post

Sam Altman heads OpenAI, the maker of ChatGPT

ITR 2026: Over 7.3 Crore Returns Filed In AY26 So Far, Higher Than Last Year

2.24 lakh tax appeals were disposed of in FY26, marking a nearly 30% year-on-year increase.

Bureaucratic Reshuffle: ACC Clears 19 Joint Secy Level Appointments

ACC clears 19 Joint Secretary-level appointments across key ministries in fresh reshuffle.

Eli Lilly-backed Scribe Therapeutics climbs 67% after raising $128.7 million in an upsized IPO

Scribe Therapeutics, a developer of gene therapies for heart diseases, rose 67% after raising $128.7 million in its IPO.

Mittal's Rajasthan Royals Deal Sparks A Shareholder Feud In UK

Mittal is the executive chairman of steelmaking giant ArcelorMittal SA and has a net worth of nearly $40 billion, according to the Bloomberg Billionaires Index.

Kimi Effect? Why Musk, Nadella, Huang, Other Tech Titans Are Rallying Behind Open-Weight AI Models

Tech leaders unite behind open-weight AI after Kimi K3 reshapes the global AI debate

Gold, silver prices today: Comex gold rebounds above $4,070; silver at $59 as investors assess Middle East tensions

The prices of precious metals gold and silver increased on 24 July, driven by the Middle Eastern conflict and anticipation of US rate hikes. Gold prices reached an intraday high of $4,073, while silver rose to $58.98, with both metals showing weekly gains amid global market uncertainty.

Robinhood CEO's X Account Hacked To Promote Fake Vladhood Memecoin As Token Briefly Hits $10 Million

Robinhood CEO's X account hacked.

Amazon Prime To Take Fans Behind The Scenes Of Spain's FIFA World Cup Triumph In New Docuseries

Prime Video will release a four-part docuseries in December 2026, offering exclusive behind-the-scenes access to Spain's victorious FIFA World Cup campaign.

American Express Q2 profit rises driven by higher spending and fewer delinquencies

American Express has indicated an impressive eight percent growth in profit during the second quarter, largely driven by increased spending from card members and a decline in delinquency rates. The surge in sign-ups for the company's premium offerings showcases their effective customer acquisition strategies. However, it's worth noting that expenses saw a twelve percent rise due to marketing initi

ACC Q1 Results: Profit plunges 60% to Rs 147 crore on lower sales

ACC Ltd, part of the Adani Group, reported a staggering 60.8% decline in net profit for the June quarter. This drop in profitability can be attributed to a decline in sales volume, resulting in a 7.75% decrease in revenue compared to the previous year. While higher costs impacted earnings, the company noted that premium products gained market share.

REC Q1 Results: Net profit dips over 6% to Rs 4,193 crore

REC Ltd reported a year-on-year profit decline of six percent for the June quarter, primarily due to lower interest income affecting its consolidated net profit. Additionally, total income dropped compared to the previous year. The company announced an interim dividend of Rs 4.25 per share and declared a final dividend of Rs 1.55 per share for the past fiscal year.

SAIL Q1 Results: Net profit jumps 138% YoY to ₹1,636 crore; revenue remains flat

SAIL reported a 138% YoY increase in net profit to ₹1,636 crore for Q1 FY27, despite lower production. EBITDA rose 49% YoY to ₹4,356 crore. The company moderated production due to geopolitical issues but aims for improved stability ahead.

Lodha Developers Q1 Results: Profit jumps 2-fold to Rs 1,373 crore

Lodha Developers reported a remarkable 100% increase in net profit for the first quarter, showcasing substantial growth in sales bookings, which rose by four percent to reach Rs 4,630 crore. Their total income has significantly outperformed the same quarter last year, marking the highest quarterly profit in the company's history. With confidence in sustaining a twenty percent CAGR, Lodha Developer

Pulse of the Street: Oil spike knocks markets to sharpest weekly fall since mid-May

Benchmark Nifty 50 and the Sensex fell 0.4% each on Friday to close at 23,767.45 and 76,059.75, respectively. For the week, the Nifty lost 2.3% while Sensex declined 2.6%, their steepest fall since the week ended 15 May, when the benchmarks had shed 2.7%.

V-Mart Retail Q1 Results: Profit surges 40% to Rs 47 crore

V-Mart Retail has reported an impressive 40.5% increase in net profit for the June quarter, reaching Rs 47.21 crore, up from Rs 33.60 crore. Revenue from operations surged by 23% to Rs 1,088.81 crore, while total expenses grew by 22% to Rs 1,031.94 crore. The company has also broadened its horizons by launching 15 new store outlets, reflecting its expansive growth strategy.

US stocks rise as oil retreats below $100, fresh tariffs and earnings in focus

At 11:58 a.m. the Dow Jones Industrial Average rose 0.70%, the S&P 500 gained 0.59%, the Nasdaq Composite added 0.12%

Losing Wall Street binge premium! Why are Netflix shares in a freefall this year?

Netflix shares have slumped despite higher revenue and profit as investors worry about slowing growth, weaker guidance and rich valuations. Wall Street is closely watching whether advertising, pricing power and engagement can sustain the streaming giant’s next phase of earnings growth.

US stocks today: S&P 500, Nasdaq fall as investors juggle earnings, Mideast risks and tariffs

Major stock indices experienced declines as concerns over artificial intelligence spending intensified. New tariffs and escalating Middle East conflict also weighed on investor sentiment. Chipmaker Intel's shares fell despite forecasting strong quarterly results and increased future spending. Geopolitical risks, including U.S. strikes in Iran, caused oil prices to surge significantly. Investors no

Bank of Baroda Q1 Results: Profit falls 72% to Rs 1,278 crore on one-off settlement hit

Bank of Baroda's June-quarter profit fell 72% due to a Rs 5,680 crore one-off settlement, despite strong loan growth and stable asset quality. Excluding the exceptional item, profit rose, supported by higher net interest income and healthy retail lending.

Oil falls 3% to below $100/barrel but eyes weekly rise amid Trump's threats to Iran — Latest updates

Oil futures fell over 3% due to disruptions in the Red Sea and heightened U.S.-Israeli-Iran tensions. Brent dropped to $97.10, but is on course for a 10% weekly gain, while WTI is set for an 8% increase amidst fears of further supply constraints.

Sebi clears IPOs of Intellius Recode, Nityas Gems & Jewellery

Sebi approved the IPOs of Intellius Recode and Nityas Gems and Jewellery. Intellius plans to raise Rs 117 crore for AI-led digital worker development, while Nityas Gems will use fresh issue proceeds to fund working capital and business expansion.

India's SBI Card posts higher quarterly profit on asset quality boost

SBI Cards announced an impressive profit surge attributed to lower provisions for bad loans. A remarkable rise in card spending highlighted robust consumer and corporate appetite, alongside a boost in total revenue propelled by increased transaction volumes across their card offerings. Furthermore, the company's asset quality has notably improved with a decline in gross non-performing assets and a

Yen heads for biggest weekly drop since May despite Tokyo's support pledges

The Japanese yen is experiencing a dramatic drop, marking its most significant weekly decline since May. The currency has hit 40-year lows against the US dollar, compounded by Japan's ineffective measures to bolster its value. Additionally, surging oil prices have reignited inflation worries, further enhancing the dollar's strength, while the euro and sterling have seen slight increases against it

Welspun Corp Q1 Results: Profit nearly triples to Rs 1,048 crore

It had reported a net profit of Rs 349.16 crore in the same period a year ago, the company said in an exchange filing.

US stock market today: S&P 500, Nasdaq futures edge higher as oil retreats; Intel jumps 4%

US stock futures showed modest gains as crude oil prices fell. Dow futures rose 222 points, while concerns lingered from the Middle East conflict and tech investments. Investors are cautious ahead of upcoming earnings reports and central bank meetings.

Sebi bars former Axis MF dealer Viresh Joshi from securities markets for 7 years front-running case

Sebi has banned Viresh Joshi and Prijesh Kurani from the securities market for seven years. This action stems from a front-running case involving Axis Mutual Fund trades. The regulator also ordered Rs 30.56 crore in impounded funds to be treated as disgorgement. Joshi allegedly shared non-public fund information with Kurani for illicit trading. The scheme involved multiple individuals and entities

Sebi fines former Axis MF chief dealer, aides in ₹30.56 crore front-running case

The final order follows an investigation into trades between September 2021 and March 2022 after Sebi's surveillance system flagged suspicious trading patterns linked to Axis Mutual Fund's market transactions.

Quote of the day by John Rogers: "All of us, all of the time, have to be on guard against groupthink"

Veteran investor John Rogers emphasizes the constant need to guard against groupthink. This phenomenon occurs when individuals conform to group views instead of independent evaluation. Encouraging diverse perspectives and challenging assumptions improves decision-making in various settings.

Digital Realty raises annual FFO forecast on robust data center demand

Digital Realty Trust has raised its forecast for funds from operations for the entire year, driven by a surge in leasing activity from cloud computing and AI users. For fiscal 2026, the expected adjusted funds from operations now range between $8.15 and $8.20. Additionally, the company upped its annual revenue projections to between $6.85 billion and $6.

Indonesia raises $1.03 billion in debut panda bond sale

Indonesia made a spectacular debut in the international debt market by successfully raising $1.03 billion with its first panda bonds. The nation issued 7 billion yuan worth of these bonds, attracting overwhelming interest from investors. The three-year notes presented a yield of 1.9%, while the five-year notes reached a yield of 2.19%. The bond settlement is expected on July 30th, showcasing Indon

India bonds end three-day losing streak but post second straight weekly decline

On Friday, Indian government bonds halted their recent decline, yet they experienced a second consecutive weekly drop. The rising oil prices and increasing US Treasury yields weighed heavily on market sentiment. Meanwhile, foreign investors maintained their bond buying, albeit at a reduced speed, as swap rates surged in tandem with bond yields.

Dow Jones| Nasdaq | S&P 500 | US Stock Market Today | Live: US stocks mixed as investors juggle earnings, Mideast risks and tariffs; oil slides 4%

Market wrap: HCLTech, Bajaj Finance, Eternal among top gainers and losers on Nifty and Sensex on Friday

Indian equities fell for a fifth straight session as Brent crude stayed above $100, FII selling and global concerns weighed on sentiment. Analysts warned of persistent volatility, rising inflation risks and a deeper correction if Nifty slips below the 23,600 support.

Kalind shares jump 5% on ex-bonus, ex-split day; investors see 86% price adjustment

Kalind's shares rose 5% to ₹11.29 on July 24, but showed an 86% decline in demat accounts due to a technical adjustment from a 1:5 stock split and a 1:2 bonus issue. Shareholders' overall investment value remained stable despite market gains.

Bank of Baroda Q1 results: Profit comes at ₹1,278 crore; NII rises, NIM shrinks YoY

Bank of Baroda Q1 results: Profit stood at ₹1,278 crore. Net interest income saw a modest 9.5% YoY increase to ₹12,524 crore, while net interest margin declined to 2.77% from 2.91% YoY.

ICICI Bank prices $1 billion debt in largest dollar issue by Indian private lender

ICICI Bank successfully issued a five-year dollar bond worth $1 billion, achieving a notably tighter spread. This offering stands as the largest for an Indian bank in almost fourteen years. With a coupon set at 100 basis points above U.S. Treasuries, it surpassed initial expectations. The offering utilized the central bank’s cost-effective hedging facility for international fundraising and drew $3

NSE to launch India's first domestic benchmark-based natural gas futures on July 27

The cash-settled contract is aimed at enabling transparent, India-centric price discovery for the domestic natural gas market

RBI Intervention shields rupee in face of oil, hedging strain

On Friday, the Indian rupee dodged a plunge to record lows thanks to decisive action by the Reserve Bank of India. State-run banks stepped in to sell dollars, likely under central bank directives, to alleviate mounting pressure. Escalating oil prices and increased corporate hedging had nearly pushed the currency to historic lows.

ACC Q1 results: Profit falls 61% YoY to Rs 147 crore as revenue, volumes decline

ACC reported a 61% YoY decline in June-quarter profit to Rs 147 crore as lower cement volumes, weaker operating margins and planned maintenance hit earnings. Revenue also fell, though the company saw improved trade sales, higher premium product mix and continued progress on capacity expansion and its merger with Ambuja Cements.

Tata Consumer Q1 Results: Net profit rises 28% YoY to Rs 427 crore, revenue up 12%

FMCG major Tata Consumer Products on Friday reported a consolidated net profit of Rs 427 crore for the April-June quarter of FY27, marking a nearly 28% year-on-year (YoY) rise from the Rs 334 crore net profit reported in the same period last year.

SBI Life Q1 results: Profit rises 22% YoY to Rs 720 crore on strong premium growth

SBI Life Insurance reported a 22% YoY rise in June-quarter profit to Rs 720 crore, driven by robust growth in new business and renewal premiums. Gross written premium rose 20%, while value of new business climbed 29%. The insurer also reported higher embedded value, improved persistency and steady growth in assets under management.

SpaceX in focus as Morgan Stanley ponders 'zero' AI value; Musk previews new models

First Hawaiian outlines 3%-4% loan growth and 3.24%-3.25% NIM outlook while advancing TriCo deal

The world is facing its largest oil shock ever. Here is why prices are not higher.

Oil prices aren’t yet near the level economists had said would put the global economy in jeopardy of a recession.

Fitch Upgrades Jane Street to High Grade, Citing Income Growth

Fitch Ratings upgraded Jane Street Group to investment-grade status on Friday, citing the market maker’s strong income growth throughout the economic cycle.

HCA projects $77B-$79.5B 2026 revenue amid (-$1B)-(-$1.2B) exchange headwind

Outlook gains approval for ophthalmic bevacizumab for wet AMD

Stocks set for weekly losses amid widening Iran conflict, AI worries, and tariffs

Nasdaq falls on angst over AI spending ahead of earnings reports

Don’t rush to save Social Security, AARP tells Congress: ‘It should be debated openly — not through an accelerated process’

The Promise Act would curtail proper debate, the senior-focused organization said.

Oil falls on report Pakistan is pushing for new U.S.-Iran talks with China's backing

Oil prices dropped by around 3% on Friday, but remained on track for a weekly jump of 10% as the U.S.-Iran war continued to escalate.

Before you ask AI to invest your life savings, you need to understand its hidden biases

Bots can build a portfolio in seconds — but wait until you see where their financial advice fails.

Megacap earnings and Fed meeting could test a market on edge next week. Here’s what’s ahead

There's no shortage of hurdles the stock market will have to jump in the week ahead.

Microsoft tests $384 Fibonacci support: Live levels

Bitcoin tests $63,457 support amid bearish signals: Live levels

Tesla gaps down 16%, oversold but no reversal: Live levels

Google welcomes US government engagement on EU fine

Roku lifts prices for streaming devices, citing memory chip shortage

Rexford outlines $1.5B-$2B 2026 dispositions with plan to cut leverage to 3.5x and authorize $1B buyback

Sensient anticipates mid-to-high teens 2026 adjusted EBITDA and EPS growth while targeting $1B natural color sales

Oil to End Year Near $100 on Mideast Disruptions, Rapidan Says

The breakdown of the US-Iran ceasefire threatens to leave Brent crude hovering around the $100-a-barrel mark well past July and into the end of the year, according to Rapidan Energy Group’s increased forecast.

‘I’m still confused’: I sold $80,000 in shares on June 30, so why didn’t I receive my dividend?

“To my surprise, the proceeds from the sale were credited to my money-market settlement fund.”

LSEG Reviews US Investment Grade Fund Flow Data After JPMorgan Flags Error

LSEG Lipper is reviewing weekly data showing US investment grade funds saw the biggest outflows in more than six years after a report published by JPMorgan Chase & Co. said there was a potential error in Lipper’s data.

The stock market is completely unprepared for a 6% yield on the 30-year Treasury

Long-bond spike would crush stock gains and deepen bond-fund losses.

Trump considers ‘massive attack’ on Iran; Pakistan reportedly seeks to restart stalled peace talks

The president told Axios he was considering an operation "bigger than ever before" before Reuters reported Pakistan is seeking to restart peace talks.

Oil shipments are under attack on multiple fronts as fighting escalates in Red Sea, Hormuz and Black Sea

More than 60 commercial ships have been attacked in the Persian Gulf, Strait of Hormuz and Gulf of Oman since March 1.

The bond market hasn’t been this calm since the dot-com bust and the financial crisis. History warns of a rude awakening.

Junk-bond spreads are near the lows reached before the financial crisis of 2007-09. Here’s how to hedge before the market wakes up.

Treasury yields slide as oil prices fall amid hopes for new U.S.-Iran peace talks

U.S. Treasury yields slid on Friday as oil prices dropped following a report that Pakistan is ​exploring a way to restart peace talks between the U.S. and Iran.

Over half of Americans with debt spend 25% of their income paying it off. Is a 0% APR card the right move?

Over half of Americans with debt are paying 25% of their income toward it, but there’s a chance that a 0% APR card could lessen the burden.

Why is Scribe Therapeutics stock surging today?

Michael Burry's short bets on Tesla, Caterpillar pay off in big July pullback

Burry disclosed on June 30 that he had opened short positions in Caterpillar, Nvidia, Applied Materials and Tesla after each scored strong rallies.

This energy company sidestepped Iran war challenges by pushing into data centers

SLB has looked beyond the Middle East, capitalizing on revenue opportunities in other regions and in the AI market.

Why Intel, Micron and other major chip stocks are falling — even as the rest of tech holds up

There isn’t one “smoking gun” catalyst — but investors could be reacting to Chinese memory developments, Korean stock-market weakness and Intel’s inability to sustain postearnings gains

Trump says US to launch EU probe over ’illegal’ Google fine

The 'sell chips, buy software' trade reappears as Wall Street caps off another volatile week

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Farmers are already set for a $55 billion payday — why does Washington want to give them more?

Lawmakers fuel the national debt crisis with an $11 billion farm bailout nobody needs.

Can AI-powered ETFs beat the stock market?

“So far, AI isn’t poised to steal portfolio managers’ jobs.”

Why bond investors are pushing up some of your interest rates

Many types of consumer loans like mortgages peg their interest rate to the yield on 10-year Treasury bonds, which has been moving higher.

Bank of America hikes common stock dividend by 14%

Moody's says 'unprecedented' AI spending threatens credit quality of Amazon, Meta, Alphabet and others

Moody's said AI spending is forcing even the world's most cash-rich corporations to lean heavily on debt, stock sales and off-balance-sheet moves.

Nvidia, Microsoft and other tech giants back open-source AI models

Piper Sandler names top oil stocks

Strait of Hormuz traffic may not return to normal for 12 months or more, according to prediction markets

Kalshi traders give less than 50% odds that the key maritime passageway will fully reopen by July 2027.

Getting Ditched by Amazon Revitalized One Game Studio

Maverick Games, the maker of ‘Clutch,’ was ditched by Amazon but is doing just fine

Nvidia, Microsoft, Meta warn against 'premature restrictions' of open-weight models

Chinese open-weight models are gaining steam against leading offerings from American companies. OpenAI and Anthropic did not sign the letter.

Why the Federal Reserve should hike rates next week

The Fed cannot know the exact path of inflation, but the potential cost of an energy-driven surge in prices outweighs the cost of a modest preemptive hike.

SpaceX at $100 Would Imply Zero AI Value, Morgan Stanley Says

The selloff in SpaceX shares has driven the stock near a level that would imply investors are assigning no value to its artificial intelligence business, according to analysts at Morgan Stanley.

CDC says massive cyclospora outbreak is now in nine states

The four newly linked states — Illinois, Kansas, Oklahoma and Pennsylvania — join Indiana, Kentucky, Ohio, West Virginia and hard-hit Michigan.

Trader who successfully shorted Tesla into earnings now sets sights on this high flyer

The bearish Tesla set-up we flagged ahead of Wednesday's report has delivered most of what it can.

Analyst Report: American Express Co

Analyst Report: ServiceNow Inc

Analyst Report: DR Horton Inc

Anthropic's new AI model rivals Fable 5 and is cheaper as businesses fret about costs

Anthropic said Claude Opus 5 is its best performing and its most cost-effective offering.

Market Update: AXP, DHI, INTC, PM, AAL, NOW

Colombia’s New Government Wins Historic $9 Billion CAF Offer

The Latin American development bank CAF plans to provide President-elect Abelardo de la Espriella’s administration with an unprecedented $9 billion in financing over the next four years, easing pressure on the nation’s strained public finances.

DATA Network Surpasses 100 Million Registrations as $DATA Trading Competition Opens on Upbit

Anthropic Unveils More Cost-Efficient Model for Everyday Tasks

Anthropic PBC is rolling out a new artificial intelligence model that is meant to handle workplace tasks adeptly and affordably, a key selling point as some customers grow more cost conscious and competition increases in China.

Yen’s Slide Bolsters Appeal of Hawkish Bank of Japan Hedges

With the yen plunging to a four-decade low, a growing number of banks are advising traders to prepare for a hawkish Bank of Japan.

PE Founder, Ex-GOP Candidate Pleads Guilty to $50 Million Fraud

A private equity firm founder and onetime Republican candidate for governor of New Hampshire pleaded guilty to defrauding investors out of more than $50 million.

Google Ordered to Defend Robby Starbuck’s AI Defamation Suit

Alphabet Inc.'s Google LLC lost its bid Friday to escape a court case dangling the specter of legal liability for false statements made by an artificial intelligence chatbot.