Borderless tech hiring has doubled in the last three years, according to Gartner's 2023 CEO Survey. By 2022, the tech talent workforce in cities like Beijing and Delhi far outweighed that of U.S. powerhouses like San Francisco and New York. Some leaders believe time zone coordination is still important to provide certain employees with the opportunity to work synchronously.

Car dealerships are racking up millions of dollars in losses, according to a new estimate. Workers across the US automotive industry told CNN that the software blackout has made it difficult for dealers to track customer interactions. The outage began last Wednesday after two cyber incidents halted the company’s systems.

Right-wing commentator Robby Starbuck attacked the company’s LGBTQ-inclusive stance. Starbuck called on customers to boycott Tractor Supply and contact its corporate leadership. The company says it will stop sponsoring activities like “pride festivals and voting campaigns”

AI chip leader Nvidia will have an embarrassment of riches in the coming years, a tech analyst predicted. Melius Research projects the company will generate $270 billion in cash over the next three years. Despite an ongoing selloff that began earlier this month, shares have soared 150% so far this year.

TSA expects to screen more than 32 million folks at US airports from June 27 through July 8. AAA expects 70.9 million Americans to travel 50 miles (80 kilometers) or more from home. Disney announced this week that its Genie + ride reservation service is being put back in the bottle.

J.D. Power estimates that total new vehicle sales for June will reach 1,273,600 on the low end. That includes car sales to regular consumers, as well as fleet sales to businesses. The average transaction price for new vehicles is $45,000, meaning the hit could be substantial.

Ford is recalling 552,188 F-150s in the U.S. because of an issue with the powertrain control module. The issue could cause an abrupt downshift into first gear, increasing the risk of a crash or losing control of the vehicle. While the headlines can be jarring, the worst recalls can amount to billions of dollars in losses.

Value stocks could get a lift from the FTSE Russell's annual rebalancing. The Russell indexes underwent their annual reconstitution to reflect changes in the market as companies grow and shift. The iShares Russell 1000 Growth ETF is up 20% so far this year, while the Russell 1000 ValueETF is up almost 6%.

Boots chain CEO Sebastian James quit as CEO after owner Walgreens Boots Alliance's plans for a 5 billion pound sale or stock market listing of the company stalled. Sky News reporter Mark Kleinman said in a post on X on Saturday that James had quit his post.

Peter Berezin, chief global strategist at BCA Research, has revised down his target for the S&P 500 SPX to 3,750. Berezin expects that recession to begin either later this year or in early 2025. He expects growth in Europe and China to slow, weighing on global stocks.

N Nvidia (NASDAQ: NVDA) has been one of the best stocks to own in the artificial intelligence (AI) race so far. The company's revenue has tripled year over year in recent quarters, sending the stock up 149% in the first half of 2024. As supply improves, it could drive more demand for AI servers, and these companies trade at more reasonable valuations.

Wired says Amazon Web Services is investigating whether Perplexity AI is breaking its rules. The company's cloud division is reportedly looking into allegations that the service is using a crawler that ignores the Robots Exclusion Protocol. This protocol is a web standard, wherein developers put a robots.txt file on a domain containing instructions on whether bots can or can't access a particular page.

CNBC's Jim Cramer analyzed stocks that helped the S&P 500 reach significant gains this year. Many are involved with energy and data centers. "It's incredible, but if you were in alternative energy or the data center you did insanely well this quarter," he said.