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Pre-Bell | US Stock Futures Slip as Trump Hits Canada with 35% Tariff; Bitcoin's Record High Lifts Crypto Stocks; Bit Origin up 43%
Stock futures dropped Friday, a day after the S&P 500 posted a new record high, after President Donald Trump announced a 35% tariff on Canada and threatened higher tariffs across the board.Market SnapshotAt 8:29 a.m. ET, Dow Jones Industrial Average futures shed 260 points, or 0.6%.Tiger News
Fri, Jul 11
Global equity funds draw second weekly inflow on AI rally, tariff delay
July 11 (Reuters) - Global equity funds drew inflows for a second consecutive week in the seven days to July 9, boosted by a rally in AI-linked stocks and expectations that pushing the U.S. tariff rollout to August could positively affect ongoing trade talks.Reuters
Fri, Jul 11
Bitcoin's record high lifts crypto stocks on renewed regulatory optimism
July 11 (Reuters) - U.S.-listed cryptocurrency stocks rose in premarket trading on Friday as bitcoin BTC= surged to a record high on growing optimism that regulatory hurdles would soon begin to ease.The upbeat sentiment is a result of court rulings and policy signals suggesting a shift toward...
Reuters
Fri, Jul 11
Nissan to supply cars to Honda in US, Nikkei says
TOKYO, July 11 (Reuters) - Nissan 7201.T is in talks to supply cars to Honda 7267.T in the United States, which would let the struggling Japanese automaker put to use an under-utilised American plant, the Nikkei newspaper said on Friday, without citing sources.Reuters
Fri, Jul 11
"Broker + Crypto" Opens Valuation Potential — Shanghai Asset Regulator Sends Friendly Signal, Broker Indices Surge 15%
TradingKey - With global stablecoin regulation gradually taking shape, Guotai Junan International and other brokerages are positioning themselves for a new wave of crypto integration. A recent policy-driven rally in Hong Kong-listed Chinese brokers was further fueled by the Shanghai SASAC hosting a
AMD Shares Surge Over 4% as Citi and HSBC Raise Targets
TradingKey - On Thursday, AMD’s stock surged over 4%, rising as high as 5% intraday before closing at $144.22. Citi analyst Christopher Danely raised AMD’s price target from $120 to $145, citing a gradual recovery in semiconductor orders, strong end-market demand, and a restocking trend among...
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Fri, Jul 11
S&P 7000 in Sight? Bullish Analyst Fuels "Secular Bull Market" Narrative
TradingKey - Mary Ann Bartels, a seasoned strategist known as the "Wall Street Oracle," has released her mid-year outlook report, making an optimistic forecast for the long-term trajectory of U.S. stocks. She indicated that, barring any significant disruptions, the S&P 500 could rise to 7,000 pointsTradingKey
Fri, Jul 11
Jensen Huang Climbs Into Global Top 10 Rich List, Nears Buffett's Wealth by $1 Billion
TradingKey - NVIDIA saw its shares edge up by 0.8% to close at $164.10 on Thursday, elevating its market capitalization beyond the $4 trillion mark. This achievement places NVIDIA ahead of rivals such as Apple and Microsoft. Earlier in the week, the company briefly exceeded this valuation before exp
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Fri, Jul 11
Musk’s AI Ambitions Level Up — Grok Is Coming to Tesla, Shares Rally in Response
TradingKey - Shortly after xAI released its next-generation large language model, Grok 4, Elon Musk personally confirmed that the AI system will soon be integrated into Tesla vehicles, stating it would be “on board by next week at the latest.”
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Fri, Jul 11
US-Canada Tariff Dispute Intensifies as Trump Announces 35% Tariff; Canadian Dollar Falls
TradingKey - Following the introduction of a comprehensive 50% tariff on Brazilian imports, President Donald Trump has further heightened trade tensions by declaring on his social media platform, Truth Social, that a 35% tariff will be imposed on Canadian imports starting August 1. This move is perc
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Fri, Jul 11
Copper's positive, long-term trajectory unchanged despite US tariff, Barrick CEO says
LUSAKA, July 11 (Reuters) - Copper miners remain bullish on the metal's future prospects even as a looming 50% U.S. tariff creates short-term price volatility, Barrick Mining Corp ABX.TO CEO Mark Bristow said in Zambia, where the company is expanding its operations.Reuters
Fri, Jul 11
Crypto Stocks Jump As Bitcoin Rises to $118K; Upexi up 13%; BTCS up 9%; Bit Digital up 8%; Sharplink Gaming up 7%
Crypto stocks jumped in premarket trading on Friday. Upexi rose 13%; BTCS rose 9%; Bit Digital up 8%; Sharplink Gaming rose 7%; Bitfarms up 6%; Canaan, Riot Platforms, MARA rose 4%; Strategy up 3%; Coinbase up 2%.
PRECIOUS-Gold rises on Trump's latest tariffs; firmer dollar caps gains
Trump announces 35% tariff on CanadaU.S. weekly jobless claims slip to 7-week lowU.S. dollar index heads for best week in nearly 5 monthsBy Anmol Choubey July 11 (Reuters) - Gold rose on Friday after U.S. President Donald Trump announced new tariffs on Canada and broader tariff threats against ot...Reuters
Fri, Jul 11
TikTok to Launch U.S.-Only App with Overhauled Algorithm, Pioneering Regionalized Operations Era
TradingKey - According to informed sources, TikTok is developing an independent application specifically for the U.S. market. This new app will feature a separate recommendation algorithm, enhancing user engagement and tagging systems (similar to Instagram's static recommendation mechanism) to...TradingKey
Fri, Jul 11
