Trumps Trade War Comes for the Bull Market Bloombergcom

Company announces will introduce new Galaxy devices and AI features at Unpacked summer event

Conservative media outlet Newsmax Inc.’s meme-stock moment has given it a market value greater than Fox Corp.’s, with shares surging 2,230% since its debut earlier this week.

For stock investors for much of this year, the trillion-dollar AI promise has masked a big threat in this era of Federal Reserve hawkishness: Real-world borrowing costs have jumped across…