President Trump announced earlier today was that the bottom line a very plans to have very serious economic consequences if he can't end the war between Russia and Ukraine. What he described as very severe secondary tariffs on on Russia and its trading partners. There's some confusion here in Washington over the details of this.Um Howard Lutnick talked to reporters afterwards and said this could take the form of tariffs or sanctions. and CNN is reporting that what Trump actually meant was 100% tariffs on Ru ...

Elon Musk says Tesla shareholders will vote on whether or not to invest in XAI, saying on social media if it was his decision, Tesla would have invested long ago in his startup, but he does not support a merger between the two companies. This was in response to a user asking it's unfair that Tesla investors can't take part in XAI investment. And this comes after the weekend we're looking at where SpaceX invested $2 billion, a good amount of money into into XAI, SpaceX being another Musk company.So, it's thi ...

Market Dynamics & Trade - BMW anticipates a potential trade deal in July, influencing their positive outlook compared to other automakers [1] - BMW's SUV production in America for global export mitigates tariff impact [1] - Mercedes experienced sales decline in the US despite having operations in Alabama [2] - Porsche's US sales rose due to pre-tariff inventory, a strategy unlikely to continue [3] - Porsche manufactures vehicles primarily in Germany and Slovenia, facing tariff challenges [3] Profitability & Cost Management - BMW is able to maintain profit margin expectations [1] - Mercedes and Porsche are struggling to maintain profitability due to tariffs [2] - Some companies are absorbing tariff costs to protect 2025 model pricing, impacting sales [3]

Crypto & Finance - Crypto 可能彻底改变无银行账户人群的金融服务，并赋能全球消费者 [1] - 人工智能诈骗的威胁日益增加，需要警惕 [1] - Warrior Money 是一个每周播客，致力于提升退伍军人向平民生活的过渡，通过金融教育和启发帮助退伍军人取得成功 [1] Career & Tech - 为希望进入科技和网络安全领域的退伍军人提供实际的防欺诈技巧和职业建议 [1] - Philip Martin 将 Coinbase (COIN) 打造成一个价值数十亿美元的全球数字资产堡垒 [1] Yahoo Finance - Yahoo Finance 提供免费的股票代码数据、最新的新闻、投资组合管理资源、全面的市场数据和高级工具，以帮助管理财务生活 [1] - 用户可以在 Apple 或 Android 上下载 Yahoo Finance 应用程序 [1] - Yahoo Finance 在多个社交媒体平台（如 X、Instagram、TikTok、Facebook 和 LinkedIn）上提供服务 [1]

Global Economic Outlook - The US is behaving like a developing nation, exhibiting core market correlations more common in developing countries, such as currency weakening despite rising yields and the breakdown of negative correlations between bonds and equities [4] - The market initially had an 80% probability of a "Reagan moment" but fluctuated to below 50% by early April, and is now around 70%, indicating uncertainty about whether the US will experience a positive transformation or stagflation and recession [6] - There's a 50/50 chance of either "globalization light" or total fragmentation, with the outcome depending on how other countries react [6] Market and Corporate Reactions - The market views US corporations as strong with good balance sheets and innovations, and believes the US is escalating trade tensions to de-escalate, expecting either deadline extensions or favorable outcomes from negotiations by August 1st [8][9] - CEOs are generally in a "wait and see" mode, postponing major investment plans due to uncertainty about tariffs (e g, whether they will be 30% or 10%, volatile or fixed), impacting supply chains and market strategies [11][12] - Financial markets have adapted to the idea that deadlines will be pushed back, but the ultimate destination of trade policies remains unknown [14][15] Trade and Geopolitical Risks - Mexico was surprised by the potential 30% tariff, indicating that countries not currently in focus could quickly become targets [20] - China is not out of the woods regarding tariff issues and is no longer a locomotive of global growth, with concerns that it may start dumping exports, especially on the European Union, causing trade tensions [21][22] - The EU is preparing a response to US tariff threats and may seek alliances with other countries [23] Investment Strategies - European financial markets have outperformed US markets in the first quarter by 17 percentage points, benefiting from an excessive overweighting of US assets at the start of the year [26] - For Europe to continue outperforming, it needs to attract capital back, which it hasn't been doing sufficiently [27] - Companies are considering "C plus many" or "many" strategies for supply chains, reducing reliance on China and increasing resilience, which involves rewiring supply chains and is time-consuming and expensive [18]

Market Overview & Tariffs - US stock futures are in the red as new tariff threats from President Trump target Mexico and the European Union, following a 35% tariff on Canadian goods [3][4] - The European Union is considering delaying tariffs on US exports but is prepared with over 24 billion in tariffs on US goods if a deal isn't reached [4][5] - The US dollar is slightly up against the euro, while European stocks are declining due to tariff concerns [5] Alternative Assets - Bitcoin surpassed 122,000, reaching a new all-time high, up about 10% in the past week and over 30% this year [6] - US stocks linked to crypto are seeing pre-market gains, with Michael Sailor Strategy up about 2%, and Coinbase and Robin Hood up over 1% [7] - Silver is up over 33% this year, surpassing gold's 27% rise, trading near $40 per ounce, driven by safe-haven demand and tighter supply [15] Economic Data & Earnings - Inflation reports from the US and Europe are in focus, with the US core CPI expected to show a 29% increase over the prior year in June [8] - Analysts expect S&P 500 earnings to have grown by just under 5% over the prior year during the second quarter, marking the slowest pace since Q4 2023 [9] - Large banks like JP Morgan and Bank of America are reporting earnings, with expectations of trading revenue gains attributed to record trading after tariff announcements [9][10][11][12] Electric Vehicles & Tax Credits - The federal EV tax credit of $7,500 for new vehicles and $4,000 for used vehicles is set to expire on September 30th [38] - Chinese EV companies are releasing more electric SUVs, potentially weakening Tesla's position in the Chinese market [35][36] - Tesla is down about 08% and faces scrutiny due to Elon Musk's multiple leadership roles and the company's valuation being based on future technologies like robo taxis and humanoid robots [44][46][47] Federal Reserve & Interest Rates - Markets are pricing in just a 7% chance of a Fed rate cut in July, with Goldman Sachs expecting the first rate cut in September [53][54] - Some strategists warn the Fed may hold steady due to lingering inflation risks and tariff uncertainty, potentially pushing rate cuts to November or December [54][57] S&P 500 Outlook - RBC Capital Markets raised its year-end S&P 500 target to 6,250 from 5,730, reflecting a roughly flat return for the rest of the year [61] - Strategists are closely watching the tariff situation, with uncertainty surrounding its resolution potentially leading to market chop [63]

Regulatory Change Impact - The One Big Beautiful Bill Act includes a tax provision impacting professional gambling [1] - Starting in 2026, the deduction for gambling losses will be capped at 90% of winnings [1] - This change could significantly impact legal sports betting [2] Economic Consequences - Taxing winnings without full loss offset could lead to taxation on unrealized profits [2] - Professional gamblers may move to offshore markets [2] - Reduced professional gambler volume could lead to less fair betting markets with wider odds and higher fees [3] - State governments could face reduced tax revenue due to offshore migration [3] Industry Implications - Some sports books might welcome the change, as professional gamblers reduce their profits [3] - Legal gambling activity may decline as a result of the tax change [3]

Every investor loves to say, "I don't care about politics. I just follow the numbers." That's a fantasy. Politics moves markets. If you're not paying attention to what's happening in Washington, Brussels, or Beijing, you're driving with your eyes closed.But here's the trap. Obsessing over every headline, every poll, and every political hottake will ruin you. Traders who jump at every new development get chopped up.Whips by sentiment instead of capturing the real opportunity. Savvy investors do it differentl ...

Every newborn in America will become the owner of their very own Trump account. The latest tax legislation passed by Congress and signed into law creates new tax advantaged investment accounts for every child born from the beginning of 2025 through the end of 2028. Joining me now is Daniel Bun, CEO and president of the Tax Foundation.Daniel, welcome um and and help explain to us what these Trump accounts are and how they're going to work. Thank you so much for having me. These new accounts are designed for ...

In June, the Fair Isaac Company, better known as FICO, announced it would be making a change to the calculation of its credit scores to now include buy now pay later loans. Here to explain what that means for your money is Yahoo Finance Banking lead editor and content strategist Casey Bond. So Casey, let's just set the table here.How is a credit score calculated. Yeah, so there are a handful of factors that go into that calculation. The most important being your payment history.So, paying your bills on time ...