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Investors head into Trump tariff deadline benumbed and blase
SINGAPORE/NEW YORK, July 6 (Reuters) - Global investors are heading into U.S. President Donald Trump's Wednesday deadline for trade tariffs palpably unexcited and prepared for a range of benign scenarios that they believe are already priced in.Reuters
Wed, Jul 9
Figma IPO: The “Last Hope” of the Software Listing and a Bitcoin Bull — Could It Be the Next Circle?
TradingKey - With its upcoming IPO on the New York Stock Exchange, design software giant Figma has drawn significant investor attention. The company plans to raise $1.5 billion, potentially making it one of the largest tech IPOs in 2025. One unique feature of Figma’s IPO prospectus is its exposure
TradingKey
Tue, Jul 8
US STOCKS-S&P 500, Nasdaq set for higher open as investors pin hopes on trade talks
July 8 (Reuters) - The S&P 500 and the Nasdaq were poised for a higher open on Tuesday, as investors hoped that upcoming trade talks with trading partners could defuse the threat of a full-blown trade war, rekindled by President Donald Trump's latest tariff salvo.Reuters
Tue, Jul 8
Circle Stock Drops 4% After Mizuho Says "Sell" Circle Stock, Citing 59% Downside
Circle Internet Corp. fell 4% in premarket trading on Tuesday.Mizuho Securities’ top analyst Dan Dolev initiated coverage of Circle Internet stock with a “Sell” rating and $85 price target, implying a significant 59% downside potential from current levels. Dolev’s bearish view on CRCL stems from...Tiger News
Tue, Jul 8
Ford says Michigan EV battery plant 'on track' for production tax credits
July 8 (Reuters) - Ford Motor F.N said Tuesday it believes its planned $3 billion Michigan electric vehicle battery plant, which is 60% complete, will qualify for production tax credits after a massive tax and budget bill revised the rules.
Reuters
Tue, Jul 8
Solar stocks down after Trump order seeks to end wind, solar energy subsidies
U.S.-listed shares of solar companies fall premarket** President Donald Trump on Monday directed federal agencies to strengthen provisions in the One Big Beautiful Bill Act that repeal or modify tax credits for solar and wind energy projects** The order directs the Treasury department to enforce ...Reuters
Tue, Jul 8
S&P, Nasdaq futures tick up as focus turns to trade talks after tariff jolt
July 8 (Reuters) - Futures tracking the S&P 500 and the Nasdaq inched higher on Tuesday as investors assessed U.S. President Donald Trump's latest tariff salvo and pinned their hopes on fresh negotiations with key trading partners to stave off a full-blown trade war.Reuters
Tue, Jul 8
US offers EU 10% baseline tariff on goods, with special consideration for jets and spirits
The US has pitched a new tariff deal to the European Union that would keep a 10% flat rate on all incoming goods, but with exceptions for aircraft and alcoholic spirits, according to a report from Politico. The European Commission wouldn’t offer an official comment.Cryptopolitan
Tue, Jul 8
IBM rolls out new chips and servers, aims for simplified AI
SAN FRANCISCO, July 8 (Reuters) - International Business Machines IBM.N on Tuesday announced a new line of data center chips and servers that it says will be more power-efficient than rivals and will simplify the process of rolling out artificial intelligence in business operations.
Reuters
Tue, Jul 8
Amazon Prime Day 2025 Set for Record $23.8B Haul: "Super Bomb" Discounts to Ignite US E-Commerce
TradingKey - Amazon(AMZN) Prime Day 2025 (July 8–11) is projected to become one of the largest e-commerce promotional events in U.S. history. Data firm Adobe Analytics released a report forecasting that online sales during the Prime Day event in the U.S. market could exceed $23.8 billion...
TradingKey
Tue, Jul 8
Musk's xAI Launches Grok-4; Tesla Ecosystem Integration Fuels Automation Leap
TradingKey - Elon Musk, CEO of Tesla (TSLA.US), announced that his company xAI will live stream the release of Grok-4 on the @xAI social media platform at 8 PM on July 9. This release will feature two core products: the flagship large model Grok-4 and Grok-4 Code.
TradingKey
Tue, Jul 8
Japan and South Korea Hit with New Tariffs — Will Asia See A Round of Currency Depreciation?
TradingKey - Ahead of the July 9 expiration of reciprocal tariff suspensions, U.S. President Donald Trump announced new tariffs on Japan and South Korea at 25%, reigniting concerns over trade tensions. Foreign exchange strategists warn that the yen, won, baht, and other Asian currencies may face
Rate Hold Surprises Markets: RBA’s Inflation Reasoning Puzzling, Australian Dollar Rises 1%
TradingKey - In a surprise move that defied market expectations of a rate cut, the Reserve Bank of Australia (RBA) left its policy rate unchanged amid concerns over inflation sustainability — potentially influenced by U.S. tariff policies. The decision sent the Australian dollar (AUD/USD) surging
TradingKey
Tue, Jul 8
Fed Warns Risk of Returning to Zero Rates Persists Over the Medium to Long Term
TradingKey - The Federal Reserve is cautioning that the likelihood of cutting benchmark interest rates back to zero cannot be ruled out. Despite policy rates currently sitting at elevated levels, the medium- to long-term risk of hitting the so-called zero lower bound (ZLB) remains significant, accorTradingKey
Tue, Jul 8
Samsung’s Q2 Profit May Tumble 56% as HBM Chip Fails to Secure Nvidia Certification
TradingKey - Samsung Electronics said Tuesday that second-quarter operating profit likely tumbled 56% to 4.6 trillion won ($3.3 billion), sharply exceeding analysts’ projected 41% drop and marking the company’s first profit decline since 2023.TradingKey
Tue, Jul 8
REFILE-GLOBAL MARKETS-Shares steady, yen slides after US issues tariff letters
Japan and South Korea face 25% tariffs by August 1European shares flat as investors await trade deal Goldman Sachs lifts S&P 500 return forecasts Aussie dollar rises as RBA keeps rates on holdBy Rocky Swift and Johann M Cherian TOKYO, July 8 (Reuters) - Global stocks were flat to marginally h...Reuters
Tue, Jul 8
Meta’s Mega Millions Payday Sparks Talent Quake: Apple’s Top AI Executive Ruoming Pang Jumping Ship
TradingKey - Bloomberg and multiple international media outlets reported that Ruoming Pang, a key Apple executive responsible for foundational model development in the company’s AI division, is set to leave and join Meta’s so-called “Superintelligence Lab,”.
TradingKey
Tue, Jul 8
Australia's central bank stuns markets by passing up chance to cut rates
RBA holds rates at 3.85% despite market expectations for a cutAustralian dollar rises, bond futures fall after RBA decisionMarkets now favour rates bottoming at 3.10%, rather than 2.85%Treasurer Chalmers notes disappointment, cites progress on inflationBy Stella Qiu and Wayne Cole SYDNEY, July 8Reuters
Tue, Jul 8
