News
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Wall Street advances, gold retreats as trade talks progress boosts markets
NEW YORK, July 23 (Reuters) - U.S. stocks followed their global counterparts higher on Wednesday, and Treasury yields reversed their three-day slide after a trade deal between the United States and Japan, and a report of a similar deal with the European Union provided welcome signs of progress in Pr
Reuters
Wed, Jul 23
Takeaways of US-Japan deal include potential gains for Trump, Ishiba and EU
July 23 (Reuters) - An emerging U.S.-Japanese trade deal could unlock major investment, avert a potential shock to the global economy and may deliver political wins for both U.S. President Donald Trump and Japanese Prime Minister Shigeru Ishiba, though many specifics of the agreement remain unclear.Reuters
Wed, Jul 23
Trump Administration Unveils AI Action Plan: Sweeping Deregulation to Secure U.S. Global AI Leadership
TradingKey - On July 23, the Trump administration released a 23-page AI Action Plan , aiming to cement America’s global leadership in artificial intelligence by dramatically loosening regulations, accelerating infrastructure development, and expanding energy capacity.TradingKey
Wed, Jul 23
Tesla Set to Report Q2 Earnings — Sell the Reality or Buy the Future Narrative?
TradingKey - Tesla (TSLA) will release its Q2 2025 earnings after the market close on Wednesday, July 23, becoming the first of the Magnificent Seven tech giants to report this season. With weak fundamentals on one side and Elon Musk’s bold vision on AI, Full Self-Driving (FSD), and robotics on the
TradingKey
Wed, Jul 23
After U.S.-Japan, U.S.-EU Nears 15% Tariff Deal — Euro and European Stocks Rally, But Risks Remain
TradingKey - Following the U.S.-Japan agreement on a 15% tariff rate, the United States and European Union are now reportedly close to reaching a similar trade deal — reinforcing market expectations that the Japan accord served as a template for broader negotiations.
TradingKey
Wed, Jul 23
Retail Investors Spark Meme Stock Frenzy — Is the GameStop Saga Repeating Itself?
TradingKey - A fresh wave of "meme stock" speculation has swept through the U.S. stock market. On Wednesday, Krispy Kreme (DNUT.US) surged 47% in pre-market trading, while GoPro (GPRO.US) briefly jumped more than 95% before the open.
TradingKey
Wed, Jul 23
General Dynamics profit, revenue beat estimates on strong marine business, jet deliveries
Marine segment revenue up 22.2% from submarine programsCombat systems revenue down due to contract cancellationAerospace segment sees strong demand, G800 jet certifiedBy Aatreyee Dasgupta and Mike Stone July 23 (Reuters) - General Dynamics' GD.N second-quarter profit and revenue topped analys...Reuters
Wed, Jul 23
US and EU close in on 15% tariff deal, FT reports
July 23 (Reuters) - The EU and United States are closing in on a trade deal that would impose 15% tariffs on European imports, similar to the agreement U.S. President Donald Trump struck with Japan this week, the Financial Times reported on Wednesday.Both the EU and US would waive tariffs on some pr...Reuters
Wed, Jul 23
Riding the U.S. IPO Wave, Figma Brings Back the “Auction-Like IPO” to Wall Street — What’s Behind the Confidence?
TradingKey - As Figma, the cloud-based design software company, moves forward with its IPO process, the SaaS firm — widely seen as a potential catalyst to revive a long-dormant software IPO market — is taking a dual approach: Adopting an auction-style IPO pricing mechanism to capitalize on the
TradingKey
Wed, Jul 23
Amphenol forecasts upbeat quarterly results on strong demand for electronic equipment
July 23 (Reuters) - Amphenol APH.N forecast third-quarter results above Wall Street estimates on Wednesday, after seeing strong demand for its products such as cables, sensors and antennas, sending its shares up 4%. Massive investments by technology and defense firms in new technologies like artific...Reuters
Wed, Jul 23
Lennox International Inc reports results for the quarter ended June 30 - Earnings Summary
Lennox International Inc LII.N reported quarterly adjusted earnings of $7.82 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $6.83. The mean expectation of nineteen analysts for the quarter was for earnings of $6.86 per share. Wall...Reuters
Wed, Jul 23
Some market relief after Japan trade deal
Dow, S&P 500 modestly higher early, Nasdaq slightly in the redJun existing home sales 3.93M vs 4.00M estimateEuro STOXX 600 index up ~0.9%Dollar ~flat; gold, crude dip; bitcoin down ~1.5%U.S. 10-Year Treasury yield rises to ~4.37%Welcome to the home for real-time coverage of markets brought to y...Reuters
Wed, Jul 23
Lamb Weston rises on upbeat sales forecast, Q4 beat
**Shares of frozen potato products maker Lamb Weston LW.N rise as much as 19% to $58.50 in early trade after company forecasts annual revenue largely above estimates ** Stock set for best day on record, if gains hold** Expects fiscal 2026 sales in the range of $6.35 bln to $6.55 bln, versus analysts...Reuters
Wed, Jul 23
NVR's quarterly profit drops on lower homebuilding margins
July 23 (Reuters) - NVR NVR.N on Wednesday posted a decline in second-quarter profit, as incentives for buyers lowered margins on home sales amid higher interest rates and rising costs.The homebuilder's net income fell 17% to $333.7 million in the quarter ended June 30 from a year ago, amounting...Reuters
Wed, Jul 23
TREASURIES-Japan trade deal spurs risk-on move, pressuring US bonds
Investors sell bonds as Japan trade deal boosts stock marketsPolitical, fiscal risks in Japan weigh on US bond pricesTreasury 20-year auction on deck later on Wednesday By Davide Barbuscia NEW YORK, July 23 (Reuters) - U.S. Treasury prices declined on Wednesday after three consecutive days of gai...Reuters
Wed, Jul 23
Trump strikes tariff deal with Japan, auto stocks surge
Deal includes $550 bln Japanese investment packageTariffs on Japanese autos cut to 15% from 27.5%Other duties due on August 1 reduced to 15% Japanese stocks jump, led by automakersBy Trevor Hunnicutt and Mariko Katsumura WASHINGTON/TOKYO, July 23 (Reuters) - U.S. President Donald Trump struck a t...Reuters
Wed, Jul 23
Drug, semiconductors tariffs to be separate, White House says amid Japan deal
WASHINGTON, July 23 (Reuters) - Japan won't be treated worse than other U.S. trading partners when it comes to tariffs on medicines and semiconductor chips, a White House official said on Wednesday after their announced trade deal, adding that those rates will be negotiated separately.Reuters
Wed, Jul 23
