The American Vehicle Affiliation is anticipating a file variety of Individuals to journey throughout the U.S. throughout the Independence Day vacation interval.

AAA is projecting 72.2 million folks to journey no less than 50 miles from residence between Saturday, June 28, and Sunday, July 6. That will symbolize 1.7 million extra vacationers from final yr and seven million greater than in 2019. 

“With the vacation falling on a Friday, vacationers have the choice of constructing it an extended weekend or taking the complete week to make reminiscences with household and associates,” AAA Journey Vice President Stacey Barber stated.

AAA is anticipating file journey by each automotive and air. It stated it tasks 61.6 million folks to journey by automotive, up 2.2% from final yr, and 5.84 million vacationers to fly, up 1.4%. It stated 8% of all Independence Day vacationers are anticipated to fly. 

Boosting automotive journey are gasoline costs that “are nonetheless the bottom they’ve been since 2021” regardless that the Iran-Israel battle has elevated the worth of oil in current days, AAA stated. “Escalation and length of the battle are two components to observe. Climate can be a wild card.”

Uber Applied sciences (UBER) mentioned Friday it’s increasing its AI knowledge companies enterprise, opening up operations to help AI labs and enterprises globally in addition to establishing a brand new foundry.

The ride-hailing big mentioned it might develop Uber AI Options to supply “personalized knowledge options for constructing smarter AI fashions and brokers, world digital process networks, and instruments to assist corporations construct and take a look at AI fashions extra effectively.”

“We’re bringing collectively Uber’s platform, folks, and AI methods to assist different organizations construct smarter AI extra rapidly,” Uber AI Options head Megha Yethadka mentioned. 

Uber additionally mentioned it’s launching a brand new foundry utilizing “custom-collected datasets—together with audio, video, picture, and textual content” to coach giant AI fashions.  

Uber shares rose about 1.5% on the opening bell Friday. They’re up roughly 40% this yr.

Circle Web Group (CRCL) shares are up 7% in intraday buying and selling Friday, extending positive aspects they’ve made for the reason that Senate handed the GENIUS Act to determine a federal framework round using stablecoins.

The GENIUS Act was handed on Tuesday and opens the door for using stablecoins by banks, fintech companies, retailers, and others. Stablecoins are cryptocurrencies whose worth is tied to a different foreign money or monetary asset such because the U.S. greenback. The landmark ruling marks the primary main laws that offers with the digital foreign money business that has been accredited by Congress.

Shares of Circle—the biggest U.S.-based stablecoin issuer—soared 168% of their June 5 debut on the New York Stock Exchange (NYSE) and have continued to rise sharply. After a 34% surge to just about $200 Wednesday, they enter Friday’s session greater than six occasions their initial public offering (IPO) value of $31.

In keeping with The Wall Road Journal, overseas-based Tether, the largest stablecoin issuer globally, “hasn’t proven it will possibly meet the requirements outlined within the invoice.” Tether did not instantly reply to an Investopedia request for remark.

UPDATE—June 20, 2025: This text has been up to date to incorporate contemporary share costs.