And right now we are 2 minutes away from the end of the trading day. Romaine Bostick here with Scarlet Fu taking you through to that closing bell with a global simulcast. We're joined right now by Tim Stenovec.in the radio booth, Emily Graffeo in today for Carol Massar. Welcome to our audiences across all of our Bloomberg platforms, including our partnership with YouTube here on a relatively subdued day in U.S. equity markets. Yeah, equity markets are subdued.We've been laser focused on everything happening ...

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Market Trends & Economic Factors - Investors tempered rate cut hopes amid mixed economic data, but major averages remained on solid footing for the week [1] - Coffee prices spiked 145% in July compared to last year, with the average retail price for a pound of ground coffee hitting $841 [3][4] - Tariffs on Brazilian coffee imports, which account for over a third of US unroasted coffee imports, are expected to exacerbate rising coffee prices [4][6] - The US dollar index was down on the week [29] Coffee Industry Analysis - The US coffee industry has limited capacity to replace Brazilian coffee imports with alternative sources like Vietnam, Indonesia, or Ethiopia due to inelastic supply [7][8][9] - Domestic coffee production in the US (Hawaii and Puerto Rico) accounts for approximately 1% of consumption, with limited capacity for expansion [11][12] - Coffee roasters will likely need to both absorb tariff costs and pass them on to consumers, as food companies generally operate on thin margins [13][15] - Coffee price inflation is expected to continue climbing for the next 3-5 months, with producer price index (PPI) increases foreshadowing further retail price gains [17][18][20][21] - Tariffs on steel and aluminum could further impact the coffee supply chain due to packaging and capital input costs [22] Stock Market & Investment Insights - The Dow Jones Industrial Average (DJIA) crossed into record intraday high territory, up 174% for the week [24][25] - Healthcare (XLV) led sector gains, up 46%, while cannabis (MJ) and solar (TAN) ETFs also performed strongly due to potential regulatory changes and executive orders [29][30][31] - Bitcoin experienced a "rugpull" after reaching a new record high, while Ethereum was up 22% month-to-date [35][36] - Market rotation is occurring, with money moving into previously unloved sectors [34] Automotive Industry & Infiniti - Infiniti is launching the QX65, a fastback SUV, aiming to attract more customers in the competitive midsize SUV segment, with a launch expected in Spring 2026 [41][42] - Infiniti is undergoing a product renaissance, with strong sales for the QX80 and QX60, planning to launch one new vehicle per year [43][44] - Infiniti is exploring increasing horsepower and torque by more than 50% for the QX80 track pack, targeting 650+ horsepower and 750 torque [47] - Infiniti paused QX50 production in the US but increased QX60 production in the US to optimize delivery in response to tariffs [49] - Infiniti plans to offer a balanced portfolio of internal combustion engine, hybrid, and electric vehicles [52][53] Retail Earnings Outlook - Home Depot's same-store sales are estimated to increase almost 2% for Q2, but weakness in discretionary categories may stall revenue growth [57] - Target's store visits might slow to the low single digits in Q2, with investors watching for updates on the Ulta partnership [58] - Walmart is expected to see low revenue growth due to high inflation and value-seeking consumers, but price rollbacks and e-commerce offerings may boost store visits and same-store sales [59] - Tariffs are a potential factor that could negatively impact Walmart's earnings [60]

Market Overview - The S&P and Nasdaq are near all-time highs, with the Dow also close to its peak, while the small-cap Russell 2000 is poised for an upside breakout [1] - Major indexes have surged by double digits since early April, with the Dow up 22.7%, S&P up 33.8%, Nasdaq up 46.9%, and Russell 2000 up 32.7% [2] - Despite significant gains, most major indexes are only up single digits for the year, indicating potential for further growth [2] Historical Context - The S&P 500 experienced a 23.3% increase last year, marking the second consecutive year of over 20% gains, a rare occurrence [4] - The last time the S&P had two consecutive years of 20%+ gains was in 1995-1996, which preceded a five-year rally with a total increase of 220% [8] Current Economic Indicators - Inflation has been moderate, with core inflation at 3.1% year-over-year, down from 3.3% [14] - The Producer Price Index (PPI) is at 3.7% year-over-year, showing slight improvement [15] - The Federal Reserve is expected to implement two rate cuts this year, with a high likelihood of a September cut at 92.6% [16][15] Earnings Outlook - S&P earnings are projected to grow, with Q1'25 earnings up 12.2%, Q2 at 12.0%, Q3 at 4.8%, Q4 at 6.3%, and Q1'26 at 8.5% [18] - Despite previous market fears, aggregate earnings estimates remain strong, reinforcing the notion that earnings drive stock prices [19] Small-Cap Market Dynamics - The small-cap sector is experiencing a rally, supported by anticipated interest rate cuts and favorable tax provisions from a recently passed budget bill [20][22] - Small-caps typically have higher debt levels and will benefit significantly from lower interest rates, enhancing their growth potential [21] Technology Sector Insights - The current market is witnessing a tech boom, particularly driven by advancements in Artificial Intelligence (AI), which is expected to be transformative across various industries [10][11] - The AI boom is supported by real earnings and growth potential, contributing to a positive market outlook [11] Investment Strategies - Proven stock-picking strategies, such as focusing on Zacks Rank 1 Strong Buy stocks, have historically outperformed the market [24] - Stocks making new highs tend to continue rising, with an average annual return of 37.6% compared to the S&P's 7.7% over the past 25 years [30] - Small-cap growth stocks have also shown significant outperformance, with an average annual return of 44.3% [31]

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happen at 915 eastern time this morning with Mr. . Robbins, the company's CEO. >> Futures ahead of the CPI inflation data this morning are still okay.The S&P and Nasdaq both all time closing highs yesterday. Joining us now Cody Cafferty. He's the other guy. He's the news guy for years and years in the New York area.You are not him. >> I am not Jack Cafferty. >> You are Jack Cafferty. >> Jack.>> Cafferty, equity portfolio to like an abbreviated Cafferty equity portfolio manager, J. P. Morgan Asset management ...

. @ethereumJoseph and @joechalom joined @Nasdaq's Live from MarketSite to discuss @SharpLinkGaming's strategic bet on @Ethereum and the future of programmable capital. https://t.co/T7Y5wSHC5T ...

Inflation and Economic Growth - The data suggests that inflation is not a major concern, with the bigger problem being a lack of real growth [2] - Real GDP growth in the first half of the year is slightly less than 1% annualized, and job creation is up 60 basis points annualized [3] - Current inflation is running at 2.5% to 3% [3] Federal Reserve (Fed) Policy - A Fed rate cut is anticipated, with the expectation that the Fed will choose to ease next month [3] - The market has been narrow in this bull market because the Fed has been tightening [7] - If the Fed cuts the funds rate, long-term bond yields and mortgage rates could decrease, the dollar could weaken, and the money supply could increase, all of which are positive for stocks and the economy [9] - A Fed rate cut could be a game-changer, potentially initiating a new bull market [10] Market Outlook and Investment Strategies - Small caps and midcaps offer a very attractive relative PE discount, trading at more than 30% discounts to their average 20-year relative PE with the S&P 500 [12][13] - Historically, 12 months after the Fed starts cutting interest rates, large caps gain less than 4%, while small caps are up about 3%, indicating significant room for small caps to move [13] - If the Fed eases, leadership may broaden out to small caps, international value plays [11]

And right now we are 2 minutes away from the end of the trading day. Romaine Bostick here with Vonnie Quinn taking you through to that closing bell with a global simulcast. It started Carol Massar in the radio booth.David Gura in today for Tim Stenovec, a big welcome to our audiences across all of our Bloomberg platforms, including our partnership with YouTube. On a day where we see the S&P up 1% at a record high, the Russell 2000 up 3% on the day. Carol Massar And that's all because CPI rose.Well, you know ...