US maintains pressure on EU with August 1 tariff deadline
The US government reinforced the August 1 deadline for applying tariffs on European goods, as companies and global markets monitor the next steps in trade negotiations.
Weekly Bulletin - World
US market kicks off earnings week with Alphabet and Tesla in focus
Investors await financial results from tech giants Alphabet and Tesla (part of the “Magnificent Seven”), seen as key indicators of US stock market sentiment.
S&P 500 and Nasdaq hit new highs despite tariff-related volatility
Major US indexes rose throughout the week, supported by strong earnings and optimism, even amid looming trade tariffs.
Investors eye potential US tariff hikes of 20%-30%
Expectations are rising that the US will raise import tariffs on European and Mexican goods, fueling tense negotiations and concerns over inflation and corporate margins.
US companies adapt to new trade environment and strong dollar
Many firms have shown resilience, benefiting from a stronger dollar and adjusting strategies amid tariff changes — highlights include Delta Air Lines’ updated guidance and strong tech earnings.
Fed holds rates steady, but market sees cut in September
At least seven Federal Reserve officials signal a possible interest rate cut in September, amid contained inflation and producer price dynamics.
US rare earth magnet imports from China soar after trade talks
Imports of these items rose over 660% in June, indicating key shifts in the supply chain and reduced reliance on alternative suppliers.
US CPI and PPI rise less than expected, easing inflation fears
June inflation measured by CPI and PPI came in near or below expectations, despite tariff hikes, offering relief to stock markets.
Jeep-maker Stellantis posts $2.7B loss due to tariff effects
The automaker reported a preliminary net loss of $2.7 billion for the semester, directly attributed to the impact of import tariffs.
European and Asian markets remain steady despite US trade tensions
Despite US volatility, European and Asian markets held steady, with companies benefiting from exports and moderate growth in regions like Hong Kong and Germany.
Top Gainers
- PLTR – Palantir Technologies: Strong annual gain of +80.2%, driven by government contracts and growth in the data analytics sector.
- NRG – NRG Energy: Rose 78.0%, benefiting from high demand for renewable energy and improved operational efficiency.
- HWM – Howmet Aerospace: Gained 70.2% due to increased aerospace production and adoption of high-tech lightweight materials.
- STX – Seagate Technology: Advanced 67.2% amid rising demand for storage solutions during the cloud and AI data boom.
- GEV – GE Vernova: Climbed 60.9% driven by strategic focus on energy transition and clean energy initiatives.
Top Losers
- DECK – Deckers Outdoor: Dropped -49.2% due to weaker-than-expected results and margin pressures in the apparel sector.
- ENPH – Enphase Energy: Lost -42.3% following poor revenue reports and challenges in the solar energy industry.
- UNH – UnitedHealth Group: Annual decline of -38.3%, impacted by regulatory pressures and unexpected medical costs.
- LULU – Lululemon Athletica: Fell -37.9% amid slowing sales and concerns over international expansion.
- EIX – Edison International: Declined -35.4% due to weak quarterly results and infrastructure challenges.
