#WealthWaveDigest

Wealthwavedigest

@wealthwavedigest.bsky.social

7 months ago

Stocks close week lower as Trump's tariffs and a weak jobs report rattle market Investors had plenty to parse Friday, including a disappointing July jobs report, President Trump's latest tariffs and earnings results from Amazon and Apple. The Dow fell a fifth straight day, booking its longest losing streak of the year.

Stocks close week lower as Trump's tariffs and a weak jobs report rattle market #wealthwavedigest #finance #money

Wealthwavedigest

@wealthwavedigest.bsky.social

7 months ago

Trump hits dozens more countries with higher tariffs that start Aug. 7 President Donald Trump late Thursday stuck to his Friday deadline for hitting Canada with higher tariffs, but he gave a one-week delay to other trading partners that had received letters from him, while also announcing steeper levies for dozens of othe...

Trump hits dozens more countries with higher tariffs that start Aug. 7 #wealthwavedigest #finance #money

Wealthwavedigest

@wealthwavedigest.bsky.social

7 months ago

Live blog: Amazon extends streak of profit beats, but the stock pulls back Amazon reported earnings Thursday afternoon in the wake of upbeat cloud results from its major rivals that suggested healthy AI demand. MarketWatch will be breaking down the results.

Live blog: Amazon extends streak of profit beats, but the stock pulls back #wealthwavedigest #finance #money

Wealthwavedigest

@wealthwavedigest.bsky.social

7 months ago

Microsoft has added as much in market cap as Europe's top company is worth Buoyed by consensus-beating second-quarter earnings, Microsoft shares jumped 8% in after-hours trading. The increase in market capitalization was more than $300 billion which, to put it in perspective, is not far off the market capitalization of Europe...

Microsoft has added as much in market cap as Europe's top company is worth #wealthwavedigest #finance #money

Wealthwavedigest

@wealthwavedigest.bsky.social

7 months ago

Opinion: Josh Hawley’s $600 rebates bill shows why Republicans win Economic madness, but political genius

Opinion: Josh Hawley’s $600 rebates bill shows why Republicans win #wealthwavedigest #finance #money

Wealthwavedigest

@wealthwavedigest.bsky.social

7 months ago

UBS profit beats forecasts, says Credit Suisse deal savings up to $9.1 billion UBS said it’s now achieved $9.1 billion of gross savings from its purchase of Credit Suisse as the Swiss banking giant reported stronger-than-forecast second-quarter earnings.

UBS profit beats forecasts, says Credit Suisse deal savings up to $9.1 billion #wealthwavedigest #finance #money

Wealthwavedigest

@wealthwavedigest.bsky.social

7 months ago

Earnings Results: Starbucks CEO says turnaround is likely ‘ahead of schedule’ Coffee chain promises “a wave of innovation” in 2026.

Earnings Results: Starbucks CEO says turnaround is likely ‘ahead of schedule’ #wealthwavedigest #finance #money

Wealthwavedigest

@wealthwavedigest.bsky.social

7 months ago

Philips credits tariff mitigation as it lifts profit outlook Shares of health device maker Phillips rallied as much as 14% on Tuesday as the company lifted its earnings guidance despite a hefty hit from tariffs.

Philips credits tariff mitigation as it lifts profit outlook #wealthwavedigest #finance #money

Wealthwavedigest

@wealthwavedigest.bsky.social

7 months ago

E.U. says it'll buy $750 billion of U.S. energy products. Why that’s ‘absurd.' President Donald Trump said the U.S. deal on tariffs and trade with the European Union includes Brussels’ agreement to buy $750 billion of U.S. energy products over the next three years, but industry analysts say the math doesn’t even remotely add up.

E.U. says it'll buy $750 billion of U.S. energy products. Why that’s ‘absurd.' #wealthwavedigest #finance #money

Wealthwavedigest

@wealthwavedigest.bsky.social

7 months ago

European stocks climb to four-month high after trade deal with U.S. Follow the action in markets after the U.S. and the European Union reached a tariff deal.

European stocks climb to four-month high after trade deal with U.S. #wealthwavedigest #finance #money

Wealthwavedigest

@wealthwavedigest.bsky.social

7 months ago

As S&P 500 soars to record after record, the Dow’s been left behind. What gives? The S&P 500 is set to score a record finish every day of this past week while the Dow has yet to return to record territory in 2025.

As S&P 500 soars to record after record, the Dow’s been left behind. What gives? #wealthwavedigest #finance #money

Wealthwavedigest

@wealthwavedigest.bsky.social

7 months ago

Puma now sees a loss for the year, with tariffs just one problem. Shares sink. Puma shares lost nearly a fifth of their value as the German apparel maker cited “muted brand momentum,” U.S. tariffs and elevated inventories as reasons why it’s now forecasting a loss on the year.

Puma now sees a loss for the year, with tariffs just one problem. Shares sink. #wealthwavedigest #finance #money

Wealthwavedigest

@wealthwavedigest.bsky.social

7 months ago

Intel earnings tell two stories, as sales impress but restructuring losses swell The chip maker’s stock was struggling for direction after mixed results and guidance.

Intel earnings tell two stories, as sales impress but restructuring losses swell #wealthwavedigest #finance #money

Wealthwavedigest

@wealthwavedigest.bsky.social

7 months ago

An ECB decision is coming Thursday. Here's what investors should expect. Inflation at the ECB’s 2% target encourages a wait-and-see approach.

An ECB decision is coming Thursday. Here's what investors should expect. #wealthwavedigest #finance #money

Wealthwavedigest

@wealthwavedigest.bsky.social

7 months ago

Alphabet boosts 2025 capex plans by $10B — to $85B — as AI era rolls on Alphabet is boosting its capital-expenditure plans for the year, now targeting $85 billion in spending on the category. The company previously was calling for $75 billion. In the earnings release, Chief Executive Sundar Pichai attributed the move to th...

Alphabet boosts 2025 capex plans by $10B — to $85B — as AI era rolls on #wealthwavedigest #finance #money

Wealthwavedigest

@wealthwavedigest.bsky.social

7 months ago

Coke will pit two versions of its key product against each other. Is that wise? The new Coca-Cola offering will soon vie against the classic version made with high fructose corn syrup

Coke will pit two versions of its key product against each other. Is that wise? #wealthwavedigest #finance #money

Wealthwavedigest

@wealthwavedigest.bsky.social

7 months ago

Retail traders just can’t quit these risky options, as trading volume booms Options trading volumes are booming again in 2025, as the industry heads toward what would be a sixth straight year of record activity.

Retail traders just can’t quit these risky options, as trading volume booms #wealthwavedigest #finance #money

Wealthwavedigest

@wealthwavedigest.bsky.social

7 months ago

U.K. government approves new $51 billion Sizewell C nuclear power plant #wealthwavedigest #finance #money

Wealthwavedigest

@wealthwavedigest.bsky.social

7 months ago

Why international stocks can keep walloping U.S. investments in 2025 A weaker dollar, the global AI race and plans for ramped-up government spending abroad are all reasons why global equities can shine in the months and years ahead.

Why international stocks can keep walloping U.S. investments in 2025 #wealthwavedigest #finance #money

Wealthwavedigest

@wealthwavedigest.bsky.social

7 months ago

Stellantis warns of surprise $2.7 billion loss from writedowns, tariff hit Stellantis on Monday guided for a surprise loss in the first half of the year, as the Jeep and Ram pickup truck maker flagged a big charge ahead of results next week.

Stellantis warns of surprise $2.7 billion loss from writedowns, tariff hit #wealthwavedigest #finance #money

Wealthwavedigest

@wealthwavedigest.bsky.social

7 months ago

Trump signs Genius Act into law, in significant step for U.S. crypto regulation President Trump said the crypto industry was once “mocked and dismissed and counted out,” but now could become a big buyer of U.S. government debt.

Trump signs Genius Act into law, in significant step for U.S. crypto regulation #wealthwavedigest #finance #money

Wealthwavedigest

@wealthwavedigest.bsky.social

7 months ago

Why the 15-year mortgage may be the most underrated offering in real estate In an era of higher-than-normal inflation and 7% mortgage rates, a small group of homeowners are finding relief in 15-year mortgages, which often come with lower interest rates.

Why the 15-year mortgage may be the most underrated offering in real estate #wealthwavedigest #finance #money

Wealthwavedigest

@wealthwavedigest.bsky.social

7 months ago

Netflix’s earnings surge — but it's not enough to lift the stock Netflix also raised its 2025 profit outlook, but the stock was down after hours.

Netflix’s earnings surge — but it's not enough to lift the stock #wealthwavedigest #finance #money

Wealthwavedigest

@wealthwavedigest.bsky.social

8 months ago

Currency trading firm Argentex halts operations #wealthwavedigest #finance #money

Wealthwavedigest

@wealthwavedigest.bsky.social

8 months ago

Nasdaq closes at record as stocks climb after Trump denies plan to fire Powell U.S. stocks closed higher on Wednesday, with the Nasdaq Composite at another record close, after President Donald Trump said he's not thinking about firing Federal Reserve Chair Jerome Powell despite reports to the contrary. The Dow Jones Industrial Av...

Nasdaq closes at record as stocks climb after Trump denies plan to fire Powell #wealthwavedigest #finance #money

Wealthwavedigest

@wealthwavedigest.bsky.social

8 months ago

Renault shares dive after profit warning Renault shares fell 16% on Wednesday after the French automaker issued a profit warning that will lead to job cuts.

Renault shares dive after profit warning #wealthwavedigest #finance #money

Wealthwavedigest

@wealthwavedigest.bsky.social

8 months ago

S&P 500 stumbles after hitting intraday high — the downside of a narrow rally Nontech and cyclical stocks sat out Tuesday’s earlier rally, underscoring how narrow the S&P 500’s latest gains really are.

S&P 500 stumbles after hitting intraday high — the downside of a narrow rally #wealthwavedigest #finance #money

Wealthwavedigest

@wealthwavedigest.bsky.social

8 months ago

As FTSE 100 tops 9,000, U.K. stocks are still much cheaper than U.S. The U.K. FTSE 100 topped 9,000 for the first time as international stock-market benchmarks continue to rise. Much of the gains, in the U.K. and elsewhere, reflect a narrowing of the outperformance vs. U.S. stocks over the last three years. The U.K. in ...

As FTSE 100 tops 9,000, U.K. stocks are still much cheaper than U.S. #wealthwavedigest #finance #money

Wealthwavedigest

@wealthwavedigest.bsky.social

8 months ago

Housing market is sending a stark warning to the U.S. economy: Moody’s economist Is the housing market on the verge of a meltdown? One economist seems to think so — and he blames 7% mortgage rates.

Housing market is sending a stark warning to the U.S. economy: Moody’s economist #wealthwavedigest #finance #money

Wealthwavedigest

@wealthwavedigest.bsky.social

8 months ago

Why this week’s CPI report could test Wall Street's bullish tone Tuesday’s consumer-price index report for June comes into sharp focus for the stock market this week.

Why this week’s CPI report could test Wall Street's bullish tone #wealthwavedigest #finance #money