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Trump's threat of 30% tariff on European goods is negotiating tactic, say three EU officials
BRUSSELS, July 12 (Reuters) - U.S. President Donald Trump's threat to impose a 30% tariff on goods from the European Union starting from August 1st is a negotiating tactic, three EU officials told Reuters on Saturday.Reuters
Sat, Jul 12
Cryptocurrencies
Trump slams 30% tariff rate on EU and Mexico in trade tension escalation
Trump has announced a 30% tariff on all goods entering the United States from the European Union and Mexico, starting August 1, according to letters he published on Truth Social Saturday, as per usual. This follows a string of other tariff actions earlier this week against Japan, South Korea, Canada, and Brazil, as well as […]Cryptopolitan
Sat, Jul 12
Stocks
Better Quantum Computing Stock: D-Wave Quantum vs. IonQ
Key PointsQuantum computing is in its early stages, and two promising companies in the field are D-Wave and IonQ.D-Wave generated a jaw-dropping 509% year-over-year increase in first-quarter sales to $15 million.IonQ is constructing a quantum computer network, and to that end, has announced a $1 bil...The Motley Fool
Sat, Jul 12
Other
FM Araqchi says Iran to work with IAEA, but inspections may be risky
DUBAI, July 12 (Reuters) - Iran plans to cooperate with the U.N. nuclear watchdog despite restrictions imposed by its parliament, Iranian Foreign Minister Abbas Araqchi said on Saturday, but stressed that access to its bombed nuclear sites posed security and safety issues.The new law stipulates that...Reuters
Sat, Jul 12
Other
Trump intensifies trade war with 30% tariffs on EU and Mexico
July 12 (Reuters) - President Donald Trump on Saturday imposed a 30% tariff on imports from Mexico and the European Union starting on August 1 after weeks of negotiations with the key trading allies failed to reach a more comprehensive trade deal. The fresh tariffs were announced in separate let...Reuters
Sat, Jul 12
Stocks
Signal Advisors Loads Up on 29,843 AAPL Shares
Key PointsSignal Advisors added 29,843 Apple shares, increasing its position by approximately $6.04 million.The trade represented 0.47% of 13-F reportable AUM as of June 30.Post-trade holdings now total 68,821 shares valued at $14.12 million.Apple stocks accounts for 1.1% of the fund’s disclosed equ...The Motley Fool
Sat, Jul 12
Stocks
1 Warren Buffett Stock to Buy Hand Over Fist and 1 to Avoid
Key PointsWarren Buffett loves Occidental Petroleum with its vast U.S. oil and gas holdings.But most investors would do well to stick to another of his stock picks: Amazon.10 stocks we like better than Amazon › Warren Buffett is stepping down as CEO of Berkshire Hathaway by the end of 2025. For deca...The Motley Fool
Sat, Jul 12
Cryptocurrencies
Investors have committed $16 million to Bitcoin futures, Bank of Russia report
Russian investors have bought Bitcoin futures worth more than $16 million in less than a month of trading, according to stats released by the Central Bank of Russia. Private individuals account for the majority of purchases, the monetary authority noted, reminding Russian citizens that crypto derivatives carry similar risks to their underlying assets. CBR gauges […]Cryptopolitan
Sat, Jul 12
Stocks
Are Rivian's Job Cuts a Red Flag?
Key PointsRivian recently made job cuts to improve operational efficiency.The EV maker needs its R2 model to be a success and revive its sales.The R2 will also be Rivian's ticket overseas, where it's planning a big push.10 stocks we like better than Rivian Automotive › Oftentimes, when a young compa...The Motley Fool
Sat, Jul 12
Commodities
Putin urges Iran to take 'zero enrichment' nuclear deal with US, Axios reports
July 12 (Reuters) - Russian President Vladimir Putin has told U.S. President Donald Trump and Iranian officials that he supports the idea of a nuclear deal in which Iran is unable to enrich uranium, Axios reported on Saturday, citing sources.Iran's semi-official news agency Tasnim denied the rep...Reuters
Sat, Jul 12
Stocks
Where Will Brookfield Asset Management Be in 10 Years?
Key PointsBrookfield Asset Management is a top-tier alternative asset management company.The alternative asset management industry is projected to grow rapidly.Brookfield has a lot of opportunities to deploy capital and attract new assets.10 stocks we like better than Brookfield Asset Management › B...The Motley Fool
Sat, Jul 12
Stocks
Where Will ARK 21Shares Bitcoin ETF Be in 5 Years?
Key PointsThe ARK 21Shares Bitcoin ETF closely tracks the price of Bitcoin, but it's simpler to manage than direct crypto ownership.Expert predictions for bitcoin’s future range from explosive growth to utter skepticism.None of the differences among top spot bitcoin ETFs are deal-breakers; small det...The Motley Fool
Sat, Jul 12
Cryptocurrencies
OpenAI postpones the release of its open source model indefinitely
OpenAI has announced that the release of its open source model has been shifted again, but this time indefinitely. The development was communicated to the general public by OpenAI CEO Sam Altman, who gave reasons for another pushback. The latest postponement comes after the first one earlier in the summer. According to Altman, the company […]Cryptopolitan
Sat, Jul 12
Other
US judge stands by move to block cutting off of Planned Parenthood's Medicaid funding
By Nate Raymond BOSTON, July 12 (Reuters) - A federal judge is standing by her decision to block the implementation of a provision in U.S. President Donald Trump's recently passed tax and spending bill that would prevent Planned Parenthood health centers from receiving Medicaid funding.The Tr...Reuters
Sat, Jul 12
Stocks
Beyond the "Magnificent Seven": My Top 2 Stocks to Become the Next Market Leaders
Key PointsTaiwan Semiconductor and Visa could reach the size of the "Magnificent Seven" stocks. Visa's consistent growth can boost its earnings significantly higher in 10 years. Taiwan Semiconductor Manufacturing is a key beneficiary of the AI race. 10 stocks we like better than Taiwan Semiconductor...The Motley Fool
Sat, Jul 12
Other
Soccer-Veteran coach Van Gaal says he is cured of cancer
AMSTERDAM, July 12 (Reuters) - Veteran coach Louis van Gaal says he has been cured of cancer and is keen for a return to the higher levels of the game.The 73-year-old announced three years ago that he was suffering from prostate cancer, but told a Dutch television talk show: "I'm no longer b...Reuters
Sat, Jul 12
Stocks
Alphabet Stock Looks Like a Big Tech Bargain
Key PointsAlphabet stock has underperformed the market over the past three years.Threats from antitrust suits and AI search competitors are likely weighing on the stock.Don't count Alphabet out as it invests in AI and leverages its fortress balance sheet.10 stocks we like better than Alphabet › Ther...The Motley Fool
Sat, Jul 12
Cryptocurrencies
Top Meme Coins Stealing The Spotlight As Bitcoin Price Hits $118,000 ATH
Meme coins have been in recovery once more after the Bitcoin price rallied to new all-time highs above $118,000. This rally was triggered by Donald Trump’s clamor for 3% interest rate cuts and the market responded positively to this with one of the greenest days in the last month. While the rally is...Bitcoinist
Sat, Jul 12
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