HSBC warns investors that CoreWeave’s shares could plummet more than 70%, citing concerns over its concentrated customer base and long-term revenue risks. Here’s what it means for investors. In a jaw-dropping move that shook up Wall Street this week, HSBC issued a stark warning about CoreWeave, a fast-growing AI-focused cloud infrastructure startup. According to the … Read more
Donald Trump’s plan to impose tariffs on countries buying Russian oil aims to cut off Putin’s war funds but risks triggering a global oil price surge. Here’s how it could impact China, India, and the world economy. 🌎 Overview: Trump’s 50-Day Deadline Could Shake Global Oil Markets President Donald Trump has unveiled a bold strategy … Read more
U.S. retail sales rose 0.6% in June versus a 0.2% forecast, led by auto and dining out—signaling consumer resilience despite rising prices and tariff impact. 🛒 U.S. Retail Sales Rebound in June, Defying Tariff Concerns Washington, July 17, 2025 – Americans kept spending in June, with retail sales climbing 0.6%, far outperforming the 0.2% gain … Read more
Couche‑Tard withdraws $47B takeover bid for Seven & i Holdings, citing lack of constructive engagement. Market reacts as Japan’s corporate openness is tested. 🗞️ Couche‑Tard Pulls $47 Billion Bid for 7‑Eleven Owner Amid Japanese Pushback Tokyo/Toronto, July 17, 2025 – Canadian convenience-store operator Alimentation Couche‑Tard has scrapped its proposed $47 billion takeover of Seven & i Holdings, owner of … Read more
Trump says he persuaded Coca-Cola to bring back real cane sugar in U.S. Coke. Here’s what we know about the president’s claim and how it could impact America’s favorite soda. (153 characters) 📰 Overview President Donald Trump surprised Americans on Wednesday with a fizzy announcement: Coca-Cola is switching its U.S. recipe to use real cane … Read more
PBS and NPR could lose $1.1B in federal support if the Senate votes to rescind funding. Here’s what that means for public media, rural stations, and your favorite programs. 📰 Overview PBS and NPR stations are facing an existential threat as the Senate prepares to vote on a rare budgetary move known as a rescission. … Read more
France may scrap Easter Monday and May 8 to reduce public debt. PM Bayrou’s plan targets €43.8B in savings, sparking backlash across political lines. 🇫🇷 France Considers Cutting Two Public Holidays to Save €43.8B Paris, July 16, 2025 – The French government has unveiled controversial cost-cutting proposals that could result in the elimination of two … Read more
US wholesale inflation held steady in June as tariff-driven goods price rises were offset by falling services costs—Dow and S&P futures ticked higher. 📊 Overview Despite new tariffs, the U.S. Producer Price Index (PPI)—the key measure of wholesale-level inflation—remained unchanged in June compared to May. Year-over-year, PPI rose 2.3%, slipping from 2.7% in May, signaling … Read more
Bank of America Q2 earnings beat at $0.89 EPS, but revenue fell short at $26.6B due to a $70M net interest income miss. Trading and consumer resilience provided support. 🏦 Bank of America Delivers Mixed Q2 — Profit Beats, Revenue Lags Charlotte, July 16, 2025 – Bank of America reported a $0.89 EPS for Q2, … Read more
Morgan Stanley Q2 beat: EPS at $2.13 vs $1.96, revenue $16.79B vs $16.07B, driven by strong trading and wealth management growth. 📊 Morgan Stanley Crushes Q2 Expectations on Trading & Wealth New York, July 16, 2025 – Morgan Stanley delivered a strong Q2 performance, topping Wall Street estimates thanks to elevated trading activity and wealth … Read more