Reported 7 days ago
Tesla's deliveries fell 13% year-over-year in Q2 2025, totaling 384,122 vehicles, missing expectations but improving from Q1. Analysts discuss how Tesla might rebound in the upcoming quarters and the potential impacts on electric vehicle sales as market conditions evolve.
Source: YAHOO
Reported 7 days ago
Ford and General Motors recorded significant sales increases in the second quarter of 2025, fueled by panic buying amidst impending tariffs on imports. Ford's sales rose 14% to over 612,000 vehicles, while GM's surged 7% to nearly 747,000 vehicles, supported by strong demand for crossovers. However, experts warn that the sales surge may be followed by a slowdown due to a payback effect and potential price hikes from manufacturers as they adjust to increased costs from tariffs.
Source: YAHOO
Reported 7 days ago
President Trump's tax bill has been passed by the Senate and is now facing a crucial vote in the House of Representatives, where Speaker Mike Johnson is pushing to approve it before the July 4 deadline. Despite some dissent among House Republicans regarding the Senate's changes, Trump is actively working to ensure the bill passes as is, ahead of its expected approval later this month.
Source: YAHOO
Reported 7 days ago
President Trump has announced a new trade deal with Vietnam, significant for major footwear retailers like Nike and On Running, whose stocks have risen following the news. The deal's specifics, especially regarding tariffs on sneakers, are yet to be revealed, but it is anticipated to have a positive impact on the retail sector. Overall market reactions have been cautious, as investors await further economic data to assess its implications for the Federal Reserve.
Source: YAHOO
Reported 7 days ago
The current U.S. equity market exhibits signs of 'irrational exuberance,' with 10% of stocks in euphoric territory, according to Barclays research. CFRA Research's chief investment strategist, Sam Stovall, explains that bull markets typically don't fade due to age but rather from fears of recession. Despite recent concerns, historical trends suggest stocks often continue to rise following market recoveries, positioning investors to potentially see better-than-expected earnings in the upcoming season.
Source: YAHOO
Reported 7 days ago
The One Big Beautiful Bill, championed by President Trump, is nearing the final stages of debate in Congress, proposing to extend crucial tax cuts and financial incentives for manufacturers. Key provisions include a permanent 20% pass-through deduction, tax rate stability, and support for research and development expenses, which are seen as vital for continued investment in the manufacturing sector. With backing from over 300 manufacturing businesses, the bill aims to bolster the industry despite pushback on cuts to social programs.
Source: YAHOO
Reported 7 days ago
Tesla's stock increased despite the company reporting Q2 vehicle deliveries of 384,122, which fell short of Wall Street's expectation of 389,407. This modest rise may indicate relief amid concerns about competition from Chinese car manufacturers and CEO Elon Musk's ongoing public dispute with President Trump. Furthermore, despite a year-on-year decrease in deliveries compared to the previous Q2's 444,000, production numbers exceeded expectations, hinting at some optimistic market sentiment.
Source: YAHOO
Reported 7 days ago
Tesla's stock has recently faced volatility due to ongoing political tensions between CEO Elon Musk and President Trump concerning a new tax bill. Musk's criticism of the bill, which threatens federal EV tax credits vital for Tesla's sales, has led to significant market reactions, including a record drop in value. As Trump's legislation could benefit competitors while harming Tesla's pricing strategy and energy division, investors must prepare for continued fluctuations tied to political developments and corporate earnings.
Source: YAHOO
Reported 7 days ago
US federal funds rate futures show a higher likelihood of a rate cut at the July meeting following a disappointing private sector jobs report for June, which revealed a drop of 33,000 jobs. Market estimates now indicate a 27% chance of a cut in July, up from 23% prior to the report. Additionally, a 25 basis-point rate decline is fully priced in for the September meeting.
Source: YAHOO
Reported 7 days ago
A group of tech billionaires, led by Palmer Luckey, is establishing a new crypto-focused bank named Erebor in response to the collapse of Silicon Valley Bank (SVB), which previously served many early-stage tech firms. The bank, applying for a national charter and based in Columbus, Ohio, will cater to technology sectors including AI and crypto, and aims to become a major player in stablecoin transactions, with co-CEOs Owen Rapaport and Jacob Hirshman at the helm.
Source: YAHOO
Reported 7 days ago
A Reuters poll indicates that the Mexican peso is likely to weaken in the coming months as a temporary freeze on US tariff increases expires. This shift follows a recent surge in the currency, which reached its strongest position in nearly a year due to favorable exports and a weaker dollar. Predictions suggest a moderate decline of 5.5% over the next year as trade tensions remain elevated, although the peso may benefit from its preferential trade status with the US under the USMCA agreement.
Source: YAHOO
Reported 7 days ago
US private payrolls saw an unexpected decrease of 33,000 jobs in June, while job gains in May were revised down to a smaller increase than initially reported. The drop comes as businesses face trade policy uncertainties, though layoffs remain low with announced job cuts falling by 49%. Hiring plans also decreased significantly, indicating a cautious labor market outlook as economists predict a modest increase in payrolls for June.
Source: YAHOO
Reported 7 days ago
US President Donald Trump has stated that Israel has agreed to a 60-day ceasefire in Gaza, which will be proposed to Hamas through mediators Qatar and Egypt. This ceasefire aims to halt a prolonged conflict that has resulted in significant casualties and devastation since October 2023. Trump emphasized the importance of this deal for regional peace and stated that Hamas must accept the proposal to avoid worsening conditions. As discussions progress, tensions remain as both parties seek to navigate the complexities of the ongoing war.
Source: YAHOO
Reported 7 days ago
The US and Vietnam are negotiating a trade framework that would impose varying tariffs on goods based on their foreign content, with exports containing the most foreign components facing rates over 20%. Vietnam, heavily reliant on China for raw materials, is under pressure to combat trade fraud and manage its relationships with both the US and China. Prime Minister Pham Minh Chinh hopes for positive negotiations before a new reciprocal tariff rate of 46% takes effect on July 9.
Source: YAHOO
Reported 7 days ago
Paramount Global has reportedly agreed to pay President Donald Trump $16 million to resolve his lawsuit regarding a CBS interview with Kamala Harris, in which Trump claimed the footage was deceitfully edited. Initially seeking $20 billion, Trump's lawsuit was viewed by some Paramount executives as an obstacle to the company's acquisition by Skydance. The settlement amount will be directed to Trump's future presidential library after expenses are deducted, though the announcement did not include an apology.
Source: YAHOO
Reported 7 days ago
Despite Bitcoin's impressive gains this year, Ethereum and Solana have experienced significant declines, with a total loss of over $300 billion in crypto market value in 2025. Key legislative developments and notable figures entering the crypto space have not been sufficient to maintain momentum for these major cryptocurrencies, highlighting the ongoing volatility in the market.
Source: YAHOO
Reported 7 days ago
Emerging market debt sales have surged in the first half of 2025, defying global upheaval such as tariffs and geopolitical tensions, indicating a strong investor appetite for these assets. With over $190 billion in issuances, the sector is on track to exceed last year's record, driven by low oil prices and a desire for diversification away from the dollar. Many investors are exploring alternative currencies for issuance, signaling an early trend towards de-dollarisation. The appetite for shorter-term bonds has also risen, reflecting changes in the global yield curve.
Source: YAHOO
Reported 7 days ago
Qantas has reported a significant data breach affecting at least six million passengers, with cybercriminals accessing personal information from its call center. Compromised data includes names, email addresses, phone numbers, dates of birth, and frequent flyer numbers. This incident follows a series of similar breaches in the airline industry, raising concerns about security and prompting warnings for airlines to increase vigilance against social engineering attacks.
Source: YAHOO
Reported 7 days ago
Maersk has reported that U.S. companies are currently facing average import tariffs of 21%, significantly down from a peak of 54% after new tariffs were introduced by the Trump administration. Amid ongoing negotiations with major trading partners to avoid higher tariffs before a July deadline, the shipping giant noted robust container demand and a shift among U.S. customers to reduce reliance on Chinese imports.
Source: YAHOO
Reported 7 days ago
A recent Reuters poll indicates that the U.S. dollar is likely to remain weak due to rising fears about national debt, uncertain tariff policies, and expectations of interest rate cuts. Investors have been withdrawing from dollar-denominated assets, and with more than 80% of FX analysts projecting continued weakness, combined with pressures from President Trump's tariff approaches and budgetary actions, the outlook for the dollar remains grim in the coming months.
Source: YAHOO
Reported 7 days ago
On July 2, 2025, U.S. stock futures are slightly up as investors await Tesla's second-quarter delivery data, which analysts predict will be lower than expected due to weakening demand. Paramount Global has reportedly settled a lawsuit with Trump, while Constellation Brands has reported disappointing earnings linked to socioeconomic factors. Conversely, shares of Verint Systems surged on news of potential acquisition talks with Thoma Bravo.
Source: YAHOO
Reported 7 days ago
Brazilian mining company Vale has revised its 2025 iron ore agglomerates production forecast to between 31 and 35 million metric tons, down from the previous estimate of 38 to 42 million tons. This adjustment is attributed to current market conditions for pellets, and the company has also opted to advance preventive maintenance at its Sao Luis pelletizing plant, leading to a temporary suspension of production.
Source: YAHOO
Reported 7 days ago
Source: BARRONS
Reported 7 days ago
Asian equities may struggle to replicate their strong July performance this year due to uncertainties surrounding tariff negotiations and macroeconomic conditions. With a deadline of July 9 for trade deals with the US, investor sentiment is cautious, leading to potential volatility in the markets. Even though the MSCI Asia Pacific Index saw gains for three consecutive months through June, the looming threat of increased tariffs could negatively impact regional stocks, particularly in export-driven economies.
Source: YAHOO
Reported 7 days ago
US investment firm KKR has successfully outbid Advent to acquire Spectris, a leading British scientific instruments maker, with a deal valued at £4.7 billion ($6.46 billion), including debt. This move follows KKR's earlier bids, resulting in Spectris withdrawing its support for Advent's offer, which was deemed less favorable. The final deal proposes payments of £39.72 per share plus an interim dividend, causing Spectris's stock to rise significantly.
Source: YAHOO