Tesla stock sinks following Q2 earnings, Trump warns of 15 to 50% tariffs

Market Trends & Company Performance - Alphabet's Q2 earnings show strong demand for AI products, with 2025 capital expenditures forecasted at $85 billion, $10 billion more than previously expected [2][6][25] - Tesla faces a tough road ahead, with shares sinking after reporting one of its worst quarters in a decade, impacted by the expiration of EV incentives in the US [3][11] - Chipotle's revenue fell short in Q2, leading to a cut in annual same-store sales forecast for the second time this year, with shares down nearly 13% [31][32] - United Health is cooperating with a Justice Department investigation into its Medicare practices, with shares down about 3% [39][40] - American Airlines and Southwest Airlines shares are lower in pre-market trading after Q2 earnings reports disappointed investors, with Southwest missing estimates and American scaling back its 2025 forecast [41] - Dow is slashing its dividend amid a broader industry downturn, issuing a weaker-than-expected Q3 revenue outlook [42] Tariffs & Trade - President Trump indicates reciprocal tariffs will not go below 15% and could go as high as 50% for some countries, ahead of the August 1st deadline [4][43] - Despite initial market reactions to tariff announcements, the market seems less worried now, but uncertainties remain [46][47] Investment Opportunities & Strategies - Pivotal Research raised its price target for Alphabet to $245 a share, noting that risks from AI competition and regulatory hurdles are already priced in [23] - Gradient Investments highlights Amazon as a compelling pick, citing its leadership in cloud computing and retail, efficient supply chains, and diversified revenue streams [50][51][52] - Gradient Investments also recommends Quantis Services as a play on infrastructure buildout, benefiting from both general infrastructure needs and the energy demands of AI [57][58]