First Read

First Read begins the week with news that Porsche's first electric car will be called the Taycan, HBO greenlights a "Game of Thrones" prequel pilot, and “Harry Potter and the Cursed Child” wins the Tony for best play.

First Read begins the day with news that Facebook mistakenly switches 14 mln users' settings to public, GE wants to be a traffic cop for drones and Ant Financial raises about $14 bln in funding round.

First Read kicks off the day with news that the Dow surges 300 points to close above 25,000, Johnson & Johnson is selling its sterilization products business to Fortive for $2.7 billion, and Coinbase is buying Keystone Capital Corp.

In Second Opinion, PetSmart spins off a 20 percent stake in Chewy.com as a dividend to BC Partners, Miss America will no longer have a swimsuit competition, and Uber launches electric bicycle sharing service JUMP Bikes in Europe.

First Read starts the day with news that former Starbucks CEO Howard Schultz is stepping down as executive chairman, the Nasdaq Composite sets a record, and the SEC names Valerie Szczepanik as its first crypto czar.

First Read ushers in the week with news that Stormy Daniels' lawyer Michael Avenatti reportedly sought funding from Democratic groups to help his client's case against Trump, Spotify ends its divisive policy penalizing artist for misconduct due to industry pressure, and it's cheaper to Uber in New York than own your own car.

First Read ends the week with news Colony NorthStar walks away from talks with Abraaj, President Trump considers pardoning Martha Stewart for insider trading conviction and study finds 85 pct of teens use YouTube as they move away from Facebook.

First Read begins the day with news that Warren Buffett proposed investing $3 billion in Uber earlier this year but the deal fell through, Airbnb's CEO says the company might go public next year but also might not, and headphone maker Monster is planning a $300 million ICO.

In Second Opinion, Allergan is selling off its women's health and infection disease businesses, electric scooter company Bird is reportedly raising $150 million at a $1 billion valuation and Ambien maker Sanofi tells Roseanne Barr that racism is not a side effect of the sleeping pill.

First Read starts the day with news that Bayer gets the greenlight for its takeover of Monsanto, the FCC asks Amazon and eBay to stop selling fake pay TV boxes, and Roseanne Barr blames sleep aide Ambien for that horrible tweet.