Morning Brief

US stocks are mixed as Alphabet (GOOGL) jumps on strong AI-fueled earnings and an $85 billion capital expenditures plan, while Tesla (TSLA) slumps after warning of a tough road ahead and slower EV sales. President Trump says reciprocal tariffs won’t fall below 15% and could go as high as 50% for some countries. Chipotle (CMG), UnitedHealth (UNH), and Dow (DOW) are also in focus, with UnitedHealth confirming a DOJ probe and Dow cutting its dividend. Takeaways: Alphabet surges on AI growth, $85B spending plan Tesla warns of rough quarters ahead as sales slow Trump signals 15-50% tariffs as August deadline nears Yahoo Finance's flagship show, Morning Brief, is your go-to source for smarter investing and market moves. Thoughts? Questions? Fan mail? Please email us at yfpodcasts@yahooinc.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

US stocks climb after the White House announces a 15% tariff deal with Japan, sparing the country from a steeper hike and launching a $550 billion Japanese investment fund in the US. The news lifts Japanese automakers and boosts optimism for future EU deals. Meme stock mania returns as GoPro (GPRO), Krispy Kreme (DNUT), and Beyond Meat (BYND) surge on heavy retail trader volume. Investors look to Tesla (TSLA) and Alphabet (GOOGL) earnings after the bell for clues on the Magnificent Seven rally. Texas Instruments (TXN), AT&T (T), and Fiserv (FI) are also in focus. Takeaways: S&P 500 hits record as Japan trade deal, tech earnings, and meme rally boost sentiment Meme stocks surge, retail traders drive 21% of US equity volume Investors await Tesla and Alphabet earnings, eye Magnificent Seven’s next move Yahoo Finance's flagship show, Morning Brief, is your go-to source for smarter investing and market moves. Thoughts? Questions? Fan mail? Please email us at yfpodcasts@yahooinc.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

US stocks hold near record highs as investors eye ongoing U.S.-China tariff talks and watch for second quarter earnings from giants like General Motors (GM) and Coca-Cola (KO). GM reported a $1.1 billion profit hit from Trump’s tariffs with no near-term fix, while Coke beat expectations and will launch a new cane sugar product this fall. Fed Chair Powell faces growing political pressure as he delivers remarks before next week’s policy meeting. Treasury Secretary Bessett’s China talks could delay an August tariff deadline. Lockheed Martin (LMT), AstraZeneca (AZN), and DR Horton (DHI) are among trending tickers. Takeaways: Stocks near record highs as tariff and Fed uncertainty continue GM sees $1.1B tariff hit; Coca-Cola beats and plans new cane sugar launch Market shrugs off trade headlines, eyes second quarter earnings Yahoo Finance's flagship show, Morning Brief, is your go-to source for smarter investing and market moves. Thoughts? Questions? Fan mail? Please email us at yfpodcasts@yahooinc.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

US stock futures point to gains as investors brace for the Aug. 1 tariff deadline and look ahead to key earnings from Alphabet (GOOGL) and Tesla (TSLA). Commerce Secretary Lunik says tariffs will take effect even if negotiations continue, but the Treasury hints at some flexibility. Fed Chair Powell is set to speak before next week’s policy meeting as internal debate on rate cuts continues. The Genius Act heads to Trump’s desk, sending crypto’s market cap above $4 trillion—ethereum rallies, while Trump Media’s (DJT) bitcoin holdings draw scrutiny. Verizon (VZ), Alaska Airlines (ALK), and Microsoft (MSFT) are among trending tickers. Takeaways: Tariff deadline nears as trade talks continue; tech earnings in focus Crypto assets top $4T as the Genius Act passes; ethereum and bitcoin surge S&P 500 climbs; investors weigh Mag 7 vs. broader market opportunities Yahoo Finance's flagship show, Morning Brief, is your go-to source for smarter investing and market moves. Thoughts? Questions? Fan mail? Please email us at yfpodcasts@yahooinc.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

US stocks pointed to new highs as second quarter earnings boost sentiment, even as the Federal Reserve grows more divided. Fed Governor Waller called for a July rate cut to support a cooling labor market, putting him in line with President Trump and at odds with other Fed officials. The Genius Act—the first US crypto law—heads to Trump’s desk, sending crypto’s market cap above $4 trillion, with ethereum (ETH-USD) a standout winner. Chevron (CVX) finalized its $53B Hess deal, while Talen Energy (TLN), 3M (MMM), and Netflix (NFLX) were among notable movers. Takeaways: S&P 500 and Nasdaq notch new highs as earnings season heats up Fed division grows on rates; Waller pushes for cut as others urge caution Genius Act passes, fueling crypto rally; Chevron completes Hess deal Yahoo Finance's flagship show, Morning Brief, is your go-to source for smarter investing and market moves. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

US stocks opened mixed as investors weighed President Trump’s denial that he plans to fire Fed Chair Powell, while New York Fed president John Williams warned tariffs could drive inflation as high as 3.5% in 2025. The odds of a September Fed rate cut have dropped to 50/50. Taiwan Semiconductor (TSMC) rallied on blowout earnings, while GE Aerospace (GE) and PepsiCo (PEP) also posted strong results. Retail sales surged 0.6% in June, signaling the consumer remains resilient despite tariffs. Market pros say volatility could spike in August, even as stocks grind higher. Takeaways: Trump denies firing Powell; Fed signals caution as tariffs lift inflation TSMC jumps on 61% profit gain; GE Aerospace and Pepsi beat expectations Retail sales and jobless claims show continued consumer strength Yahoo Finance's flagship show, Morning Brief, is your go-to source for smarter investing and market moves. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

US producer prices were flat in June, keeping Fed rate cut hopes alive despite recent signs of tariff-driven inflation in some categories. Big banks, including Goldman Sachs (⁠GS⁠), Morgan Stanley (⁠MS⁠), and Bank of America (⁠BAC⁠), posted record trading profits, lifted by market volatility. President Trump says he has the GOP support to pass major crypto legislation as bitcoin hovers near $120,000. The consumer remains resilient, with bank CEOs noting solid spending. Takeaways: Producer prices unchanged in June; Fed may keep rates steady Goldman Sachs, Morgan Stanley, BofA report record trading profits House set to vote on crypto regulation as bitcoin stays strong Yahoo Finance's flagship show, Morning Brief, is your go-to source for smarter investing and market moves. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

US inflation in June was just below expectations, with core CPI up 0.2% month-over-month and 2.9% year-over-year. Tariff impacts are starting to show in apparel and furniture prices, but overall inflation remains contained. Nvidia (NVDA) and AMD (AMD) surged after the US signaled they can resume some AI chip sales to China, boosting the Nasdaq. Big banks kicked off earnings season with strong results from JPMorgan (JPM), while Wells Fargo (WFC) and Citigroup (C) saw mixed results. Takeaways: Core inflation rises less than expected; tariffs start to lift select prices Nvidia and AMD rally as US signals green light for China chip sales Big banks post strong earnings, but sector results are mixed Yahoo Finance's flagship show, Morning Brief, is your go-to source for smarter investing and market moves. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

President Trump threatens 30% tariffs on the EU and Mexico as global trade tensions mount, and the EU hints at possible coordination with other US trading partners. Stocks retreat after recent highs, while bitcoin (BTC-USD) hits a new record above $123,000 as Crypto Week begins in Congress. Investors eye upcoming CPI data and earnings for signs of tariff impact, and top strategist Mohamed El-Erian warns of choppiness as global supply chains adjust. Takeaways: Trump targets EU, Mexico with new tariff threats, EU signals pushback Bitcoin surges past $123,000 as regulatory momentum builds Investors brace for inflation data, earnings, and more market volatility Yahoo Finance's flagship show, Morning Brief, is your go-to source for smarter investing and market moves. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

President Trump announces a 35% tariff on all Canadian imports starting Aug. 1, and signals more broad-based tariffs could follow. Stocks retreat after a run of record highs for the S&P 500 and Nasdaq, while bitcoin (BTC-USD) nears $120,000 and Nvidia (NVDA) closes above a $4 trillion market cap for the first time. Delta (DAL) and Levi’s (LEVI) lift outlooks as earnings season heats up. Takeaways: Trump imposes 35% tariff on Canadian imports, eyes further trade action Stocks retreat from record highs; bitcoin and Nvidia notch new milestones Delta and Levi’s raise forecasts as earnings season begins Yahoo Finance's flagship show, Morning Brief, is your go-to source for smarter investing and market moves. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. Learn more about your ad choices. Visit megaphone.fm/adchoices