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S&P 500 Earnings Revisions Hit Highest Positive Momentum Since 2021: What’s Behind This Rising Bullish Sentiment Among Executives?
Upward earnings revisions for the S&P 500, tracked by the SPDR S&P 500 ETF Trust, are now the most positive they’ve been since 2021. read more
Tesla Records 13.4K New Registrations In China From August 4-10, July Sales Down 12%
Tesla saw a 71% jump in registrations last week, but overall sales are down 11% YoY. European and Chinese sales also declined. read more
Trump Administration Releases $5 Billion EV Charger Funds After Legal Battle, Simplifies Review Process For States
The Trump administration has announced new guidelines for the distribution of $5 billion in funding for electric vehicle (EV) charging infrastructure. This move comes on the heels of a legal tussle with a group of states. read more
The ‘Big, Beautiful Bill’ Is A Truly ‘Transformative’ Opportunity, Says BigBear.ai CEO: Touts Billions In New Federal Funding For AI, Defense
Enterprise AI startup, BigBear.ai Holdings Inc. (NYSE: BBAI) says that the “One Big, Beautiful Bill” represents a significant opportunity for the company. read more
Sydney Sweeney’s ‘Hottest’ Ad, As Trump Called It, Sends American Eagle Stock Up 16%—Foot Traffic Sinks Nearly 9%
American Eagle Outfitters Inc. shares have climbed 16.26% since launching its Sydney Sweeney advertising campaign on July 23. read more
Myomo Shares Plunge Over 42% Pre-Market Despite Q2 Revenue Beat Amid Weak Outlook, Rising Losses
Myomo’s stock dropped over 42% during pre-market trading despite beating second-quarter revenue expectations. read more
Mark Cuban Says Trump’s Nvidia, AMD Export Tax Is What Warren, AOC, Sanders Should’ve Done — Kevin O’Leary Calls It ‘Blackmail’
Mark Cuban praises Trump’s 15% export tax on Nvidia and AMD as a progressive wealth tax, while Kevin O’Leary criticizes the deal. read more
Mohamed El-Erian Warns On China-US Tariff Truce As Trump Cites ‘Very Good Relationship’ With Xi Jinping—Long-Term Calm ‘Far From Guaranteed’
Trump extended the tariff suspension with China for 90 days on Monday, citing his “very good relationship” with Chinese President Xi Jinping. read more
China Raises Security Red Flags Over Nvidia’s H20 Chips As Trump Pushes For 15% Revenue Share: Report
China has raised security concerns about Nvidia’s H20 chips, warning firms against using them for government projects. read more
China’s Trade Surplus Hits Record $1.2 Trillion Despite US Tariffs — Outpaces Historic German, Japanese Highs
Despite tariffs and escalating trade tensions, China’s trade surplus has surged to unprecedented new levels over the past 12 months. read more