News
The annual rate of the BRC shop price index in the UK in July was 0.9%, compared with the previous value of 1.20%.
U.S. Trade Representative Greer: Negotiations with Mexico are aimed at ensuring trade balance.
U.S. Trade Representative Greer: Tariff rates are similar to those in the past.
U.S. Trade Representative Greer: The new round of Section 301 tariffs should not have an economic impact that we have not yet experienced.
The U.S. Senate voted 51-43 to advance Walter Clayton’s nomination as Director of National Intelligence.
Market news: Israeli Prime Minister Benjamin Netanyahu has arrived at Joint Base Andrews in Maryland, USA, in preparation for a meeting with President Trump on Tuesday local time.
Since its stock price peaked at $225.64 in June, SpaceX (SPCX.O) has lost more than $1.2 trillion in market value, which is almost equal to the entire market value of another Musk company, Tesla (TSLA.O). Tesla's stock price recently fell to its lowest level in nearly a year. At the same time, Musk’s net worth has shrunk to approximately US$710 billion. His personal wealth hit a record of over US$1.3 trillion in mid-June. Charles Moon, a technology and momentum strategy expert at the Prosper Trading Academy in Chicago, said, "As an investor, it's still too early; but as a trader, Wall Street is punishing AI stocks for capital expenditures." SpaceX will release its first financial report after listing next week. On the second full trading day after the earnings release (i.e. August 6), holders can sell up to 20% of the qualifying lock-up shares, totaling about 911.5 million shares. Some analysts believe that The lifting of lockdown may not be as bad as markets fear, but it won't help turn the tide.
According to the New York Post: Israeli Prime Minister Netanyahu will provide U.S. President Trump with intelligence on Iran's "Haoshan" nuclear facility.
U.S. Senate aides said the Senate is expected to start voting on the Russia sanctions bill as early as Tuesday local time (during Ukrainian President Zelensky's visit to the United States).
Ukrainian President Volodymyr Zelensky will meet with the full U.S. Senate on Tuesday evening local time, according to two Senate aides.
UBS analysts noted in a report that the recent pullback in Microsoft's (MSFT.O) stock price has mitigated some of the risks associated with its fourth-quarter earnings, limiting downside potential. However, they maintained a "buy" rating on Microsoft while lowering their price target from $510 to $480. This was attributed to the possibility that Microsoft might revise its capital expenditure outlook upwards while maintaining rather than raising its Azure growth guidance—a combination of high spending and limited revenue growth expectations that seems less appealing to the market. Beyond discussions about capital expenditures and ROI, Microsoft may face pressure from several sources: its exposure to OpenAI, the potential for substitution from open-source models, and questions surrounding its flagship productivity software business. The analysts wrote, "In conclusion, we maintain our 'buy' rating but take a more balanced view of this earnings report."
According to The Information: The Trump administration is finalizing a framework for submitting artificial intelligence models.
A Reuters/Ipsos poll showed that U.S. President Donald Trump's approval rating rose from 34% to 37%.
A Reuters/Ipsos survey showed that 69% of Americans said that U.S. President Trump did not clearly explain the goals of the U.S. military’s involvement in Iran.
A Reuters/Ipsos survey showed that only 33% of Americans support a war between the United States and Iran, the lowest level since the early days of the conflict.
The Dow Jones Index closed up 262.44 points, or 0.51%, at 52209.69 points on July 27 (Monday);The S&P 500 Index closed up 1.2 points on July 27 (Monday) 8 points, an increase of 0.02%, to 7413.26 points;The Nasdaq Composite Index closed down 43.74 points, or 0.18%, to 24932.08 points on July 27 (Monday).
Amazon (AMZN.O): Ryanair renewed its agreement with Amazon Cloud Services for five years.
According to Iranian media FarsNews: Iraqi sources said that a US drone was shot down in Anbar Province in western Iraq.
US President Trump: We will quickly end Iran’s nuclear threat.
According to Nikkei: Japan will significantly expand disclosure of corporate bond transactions and improve market transparency.