Bitcoin, Ethereum Fall as PPI Shock Squashes Hopes for Jumbo Rate Cut► https://t.co/m7HkumVn5p https://t.co/m7HkumVn5p ...

President Trump suggests he'll announce Powell's replacement 'a little earlier' as markets further ramp up rate cut expectations.Get all the news you need to start your morning with the Bloomberg Daybreak Europe Podcast. https://t.co/AWqT81ynhc ...

South Korea’s property market cools bolstering the case for the Bank of Korea to consider resuming its rate-cut cycle later this month https://t.co/KKNb7BJuSA ...

>> THIS IS BALANCE OF POWER, LIVE FROM WASHINGTON, D. C. >> TO OUR TV AND RADIO AUDIENCES WORLDWIDE, WELCOME TO BALANCE OF POWER.TONIGHT THE PRESIDENT DOWNPLAYS EXPECTATIONS ON UPCOMING MEETING WITH VLADIMIR PUTIN. TRUMP: IF THE FIRST ONE GOES OK, WE WILL HAVE A QUICK SECOND ONE, I WOULD LIKE TO DO IT ALMOST IMMEDIATELY, AND A QUICK SECOND MEETING BETWEEN PRESIDENT PUTIN AND PRESIDENT ZELENSKYY AND MYSELF IF THEY WOULD LIKE TO HAVE ME THERE. >> MILITARY ACTIONS IN WASHINGTON, D.C. , THE ECONOMY AND HONING I ...

Market Performance & Trends - Broad-based rally led to record highs for major stock indices, with approximately 85% of S&P 500 stocks in the green [2][5][6] - Market anticipates a full percentage point rate cut by September, though caution is advised due to upcoming data and Fed meetings [3] - President's influence on lowering rate expectations is viewed favorably by 59% of respondents in an MLive Pulse survey, anticipating stock market benefits [4] - Bitcoin reached an all-time high of $22,840 [8] Individual Stock Movements - Paramount Skydance experienced significant gains, closing nearly 37% higher, driven by merger completion and a media rights agreement with Tyco for UFC events [10][11] - Webtoon saw an 81% increase, marking its largest jump since its IPO, fueled by a Disney partnership and earnings report, reaching a market cap of roughly $21 billion [12][13] - U S Antimony's stock rose about 5% following a Bloomberg interview with its CEO [16] Sector Performance - Tech sector was down, with Nvidia closing lower, while Apple and Amazon contributed the most points to the S&P 500 [9] - Financials, industrials, and healthcare sectors performed well, contributing to the Dow Jones' outperformance [9] - Semis and power generation stocks linked to the boom experienced a sell-off [17] Company Earnings & Outlook - Cisco's fiscal fourth-quarter revenue aligned with estimates at $467 billion, with EPS at $099 versus $098 [19] - Cisco's full fiscal year adjusted EPS is projected between $4 and $406, and revenue between $59 and $60 billion [20][21] - Coherent's shares declined 14% due to disappointing guidance [27] - CoreWeave gave a disappointing earnings outlook, reflecting costs of rapid data center expansion [17]

FedWatch pricing in a 99.9% chance at 1 Rate Cut&& a 0.1% chance at 2 Rate Cuts for September...LOOOOOOOOOOOOOOOLThere is a literal 0% chance right now that there WON'T be a cut in September. https://t.co/cGqCLoCma0 ...

Market Trends & Records - The market is betting on a September Fed rate cut, with the S&P 500, NASDAQ, Nvidia, Japan's topics exchange, and Taiwan's major stock index all at record highs [2][3] - The S&P 500 has reached its 16th record close this year, underperforming the 57 all-time highs seen in 2024 [5] - There is a 982% probability of a Fed rate cut at the next meeting, according to the CME Fed Watch tool [11] Company Performance & Earnings - Bullish rang the opening bell at the New York Stock Exchange on its IPO day, raising $11 billion with an initial valuation of approximately $56 billion [1][2] - Coreweave's stock is opening down 11% after missing earnings expectations and is not expected to be profitable until 2026 [6] - Cava's stock is opening down 20% after disappointing earnings, with revenue and same-store sales below expectations, leading to a cut in full-year guidance [8] - Starbucks is in turnaround mode, with the stock still valued as a growth stock and trading at a premium to the broader market [50] Investment Strategy & Risk - The market is not tolerant of companies falling short of earnings forecasts or retracting guidance, leading to significant penalties [14][15] - Diversification is key to profiting from the market, or holding tight through volatility in concentrated names like the MAG7 [15][16] - The market may be too top-heavy and priced for perfection, with the top 20 mega-cap stocks outperforming the S&P 500 since the April lows [30][31] - Geopolitical risks, such as Trump's China tariff extension and the Trump-Putin meeting, are potential near-term risks that the market may be overlooking [61][64] Consumer Behavior & Restaurant Industry - Consumer behavior patterns are shifting in the post-pandemic world, impacting the value proposition for some companies [9] - Restaurants are battling through consumer spending headwinds, as seen in Cava's stock crash [44] - Starbucks is focusing on improving the in-store experience to attract customers, especially with more people working hybrid or remotely [53][54]

Jim Bullard, dean of the Mitch Daniels School of Business at Purdue University and former Federal Reserve Bank of St. Louis president, says the Fed will probably lower rates at the next meeting in September and if he were to be named Fed chair he'd work to break up "group think" at the central bank. He speaks on "Bloomberg Open Interest." Sign up for the Economics Daily newsletter to discover what's driving the global economy and what it means for policy makers, businesses, investors and you: https://bloom. ...

>> NEWSMAKERS AND MARKET MOVERS, THIS IS "THE PULSE WITH FRANCINE LACQUA. " FRANCINE: GOOD MORNING AND WELCOME TO "THE PULSE. " TREASURY SECRETARY SCOTT BESSENT HAS DISMISSED THE POSSIBILITY THAT CHINESE INVESTMENTS IN THE U.S. COULD BE PART OF ANY TRADE PACT. CHINA COULD MAKE SIMILAR PLEDGES LIKE JAPAN, SOUTH KOREA, AND EU AS PART OF THEIR TRADE AGREEMENTS. SCOTT BESSENT SAID CRITICAL INDUSTRIES NEEDED TO BE " RESHORED AWAY FROM CHINA." HE DID NOT SPECIFY WHETHER THOSE INDUSTRIES WERE SEMICONDUCTORS OR PHA ...

There’s now a 94.4% chance of a rate cut in September…It’s happening! https://t.co/ty2pnoSyFq ...