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Brazil acknowledges possibility of no US trade deal by August 1
SAO PAULO, July 21 (Reuters) - Brazil's finance minister said on Monday his country would not give up negotiating with the U.S. but acknowledged that a trade deal may fail to be reached by August 1, when President Donald Trump's 50% tariffs on Brazilian goods are due to take effect."That...Reuters
Mon, Jul 21
Domino's Pizza rises after Q2 same-store sales beat
** Shares of Dominos' Pizza DPZ.O rise 5% to $490 in premarket trading** Pizza chain operator beats analysts' estimate for Q2 U.S. same-store sales, helped by new items on the menu and promotions** DPZ posts a 3.4% rise in same-store sales in U.S. compared with the estimate of a 2.21% rise -...
Reuters
Mon, Jul 21
BofA raises PT on Tesla, warns of tariff hit to margins
** Shares of EV maker Tesla TSLA.O up 1.4% at $334.29 premarket** BofA raises Tesla's PT to $341 from $305 to adjust for higher cash balance** Brokerage revised down its gross margin estimates to account for the tariff impact on TSLA's energy storage business** "Tariffs are a potential s...
Reuters
Mon, Jul 21
Wall Street set for higher open with tech earnings, trade updates in focus
Futures up: Dow 0.22%, S&P 500 0.22%, Nasdaq 0.22%Dominos Pizza rises after Q2 same-store sales beatEU to ramp up retaliation plans as US tariff deal prospects dimVerizon boosts annual profit forecast, shares riseBy Nikhil Sharma and Pranav Kashyap July 21 (Reuters) - Wall Street was set for ...Reuters
Mon, Jul 21
Yen Surges After Election Defeat; Analysts Remain Bearish on Yen and Japanese Stocks
TradingKey - Following a significant defeat in the upper house elections where Japan's ruling coalition lost its majority, the yen surged amidst looming US-Japan tariff negotiations. Analysts believe the political uncertainty will lead to increased volatility in Japanese stocks and the yen.TradingKey
Mon, Jul 21
Google and Tesla kick off M7 earnings season, Powell appears under heavy pressure, ECB releases latest interest rate decision【The week ahead】
TradingKey - The US stock market showed an overall trend of oscillating upward last week. The Nasdaq Composite Index and the S&P 500 Index hit record highs twice within 5 trading days. This week, the US stock market will enter the peak of the earnings season.
TradingKey
Mon, Jul 21
Musk's xAI to Launch "Baby Grok": Can Child-Focused AI Win Back Public Trust?
TradingKey - On July 20, Tesla (TSLA) CEO Elon Musk announced via social platform X that his AI company xAI will launch a child-targeted interactive application called "Baby Grok". Positioned as the child-focused version of the Grok chatbot, Baby Grok emphasizes "friendly content" and...TradingKey
Mon, Jul 21
Japan’s yen rose after Ishiba’s party lost the election
The Japanese yen jumped early Monday, catching traders off guard just hours after Shigeru Ishiba’s ruling party suffered a historic blow in the July 20 upper-house election.At 11 a.m. Tokyo time (10 p.m. ET Sunday), the yen strengthened 0.22% against the U.S. dollar, rising to 148.49, after sinkingCryptopolitan
Mon, Jul 21
Ryanair's profit rebounds as robust bookings point to strong summer
DUBLIN, July 21 (Reuters) - Ryanair's RYA.I net profit more than doubled in its April-June quarter on higher-than-expected last-minute fares and the timing of the Easter holidays, while bookings for rest of the summer are "robust", Europe's largest low-cost carrier said on Monday.Reuters
Mon, Jul 21
Nvidia CEO's China charm offensive underscores rock star status in key market
BEIJING/SHANGHAI, July 21 (Reuters) - Nvidia NVDA.O CEO Jensen Huang is no stranger to Beijing, but his most recent visit, his third to China this year, cemented his rock star status in the country, where fans mingled freely with the AI titan on the streets of the capital.
Reuters
Mon, Jul 21
PRECIOUS-Gold gains on softer dollar as investors await US trade updates
ECB policy meeting due on July 24Japan's government loses upper house controlPalladium up more than 1%By Brijesh Patel July 21 (Reuters) - Gold prices climbed on Monday, supported by a weaker dollar as investors monitored developments in U.S. trade talks and awaited potential market-moving ca...Reuters
Mon, Jul 21
Singapore hits record high for 14th session, sets the pace for Asian equities
July 21 (Reuters) - Singapore's equity benchmark scaled an all-time high for the 14th consecutive session on Monday, buoyed by strong inflows to high-yield stocks, while bourses elsewhere in emerging Asia also began the week on a largely positive note.Reuters
Mon, Jul 21
Asia shares, yen look past Japan politics as earnings loom
SYDNEY, July 21 (Reuters) - Asian shares and the yen held their ground on Monday as Japanese elections proved bad for the government but no worse than already priced in, while Wall Street futures braced for earnings from the first of the tech giants.Reuters
Mon, Jul 21
Microsoft alerts businesses, governments to server software attack
WASHINGTON, July 20 (Reuters) - Microsoft MSFT.O has issued an alert about "active attacks" on server software used by government agencies and businesses to share documents within organizations, and recommended security updates that customers should apply immediately.
Reuters
Mon, Jul 21
Building Materials and Electrical Stocks Surge as China Starts Construction of Tibet Mega-Dam
Building materials and electrical equipment stocks jumped on Monday as China began construction on a massive dam in Tibet. Dongfang Electric rose 72%; Huaxin Cement rose 35%; Shanshui Cement rose 10%; West China Cement rose 5%.
Tiger News
Mon, Jul 21
