๐ต The Dollar drops to a one-month low in lieu of growing credit concerns of debt investors and the cautious stance of the Fed.
๐ The market took a bit of a breather after six straight days of taking straight Wโs.
โ๏ธ Despite the U.S losing its perfect credit rating from Moodyโs, equities rebounded after suffering losses in early market hours, with the S&P 500 up 0.09% at closing.
๐ GM pushes back on Californiaโs aggressive EV mandate, arguing for a slower transition despite hefty investments in electric vehicle innovation.
๐ Walmart is hiking prices on everything from bananas to basics, blaming it on tariff pressure.
โ๏ธ Boeing is finally getting some good publicity with a $96B Qatar deal and a lift from China.
๐ฐ The White House announced a $600 billion investment in the US from the Saudi government.
๐ฆ Markets went absolutely apesh*t after the U.S. and China agreed to a 90-day pause and made progress on a new deal,
๐ฅ Cal-Maine cracks record profits as egg prices soar 90% amid fresh Avian Flu outbreak and DOJ scrutiny over industry pricing.
๐ข The U.S. and U.K. strike a tariff-trimming trade agreement, boosting key industries and transatlantic cooperation.
๐ค Powell unsurprisingly kept interest interest unchanged but warned of stagnation risks.
๐ AMD beat earnings but warned of a $700 million hit due to tariffs, signaling whatโs to come for the chip industry.