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Historic Fed Meeting, Big Tech Earnings, and More to Watch

This will be the busiest earnings week of the second quarter, with about 150 S&P 500 companies reporting. Investors will also sift through the results of an historic Fed meeting midweek and the jobs report on Friday.

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Trump to Meet With EU Sunday, Tariff Rebates Are Possible for Some Americans

The president also said he has the “confines of a deal with China” and nothing with Canada.

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Trump Puts Pressure on Powell to Cut Rates in Historic Fed Visit

This is the fourth visit to the Fed by a sitting president since 1937.

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Big Food Companies Rethink Brands as Sales Fall. Nestlé Is the Latest. 

The company will review underperforming mainstream and value brands in its vitamins, minerals, and supplements unit,

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EU Looks for 15% Tariff Rate in Possible Deal With the U.S.

The U.S. is one of the European Union’s biggest trading partners, along with China and the United Kingdom.

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Amazon Buys a Wearables Company. Why It's Joining Apple and Meta in the AI Hardware Race.

The e-commerce giant is acquiring a start-up which makes a wearable bracelet.

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Replimune Stock Plummets 75% After FDA Rejects Application for Skin Cancer Treatment

Replimune says the FDA issued a letter highlighting concerns with the biotech’s trial design.

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Japan’s Ishiba Vows to Hold On to His Job After Elections

If the current ruling party loses its majority, the country’s waters could become uncharted at a critical time.

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Tesla, Verizon, Coca-Cola, Alphabet, and More Stocks to Watch This Week

Roughly 100 companies from the S&P 500 index will report results this week, including two of the Magnificent Seven. Economic data will open a window on slugging home sales.

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Lucid Stock Jumps On Robo-Taxi Partnership With Uber

Lucid, Uber, and Nuro announced a self-driving partnership to take on the likes of Waymo and Tesla.

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DraftKings Drops ‘Diverse’ and ‘Inclusive’ From Public Statement, Internal Emails Show

The firm said it was “disappointed that Barron’s is reporting on a confidential internal email exchange on which a reporter was mistakenly copied.”

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Nvidia Stock Climbs to New Record. Here’s How Much Revenue H20 Chip Sales Can Drive.

The Trump administration effectively banned Nvidia from selling the chips to China in April.

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Trump Reveals Indonesia Tariff Rate; EU Prepares Retaliatory Tariffs

The European Union could target Boeing and whiskey-maker Brown-Forman under its plans for retaliatory tariffs if the bloc can’t reach a trade deal with the U.S.

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Trump Says Russia Will Face 100% Tariffs If It Doesn’t Make a Deal With Ukraine in 50 Days

The secondary tariffs would work by placing a sanction on any country that trades with Russia.

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Wells Fargo, Citi, Netflix, J&J, and More Stocks to Watch This Week

Financials make up half of the 38 S&P 500 companies slated to report quarterly results this week. The week’s big economic news will be the consumer price index for June.

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Trump Sets Canada’s Tariff Rate at 35%, May Hit Remaining Countries With 15%-20%

The president said the blanket 35% would be on top of tariffs on certain sectors. That’s higher than the previous 25% rate.

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X CEO Linda Yaccarino Resigns. Elon Musk Is Under More Pressure.

Before Yaccarino’s replacement arrives, Musk could be burdened with additional work.

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Nvidia Just Became the First Company to Hit a $4 Trillion Market Cap

The chip maker hits a market valuation of $4 trillion.

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Trump Hardens Stance on Trade Deal Deadline. Copper, Pharma Tariffs Are Coming.

With few trade deals secured to date, that leaves just three weeks to secure pacts with dozens of countries.

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Trump to Push Trade Deadline to August. New Tariffs Range from 25% to 40%.

All U.S. trade partners will now have until Aug. 1 to cut a deal before higher tariff rates take effect.

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Tariff Negotiations, Fed Minutes, Delta Airlines, Levi’s, and More to Watch This Week

This week will likely bring a flurry of tariff negotiations, while economic data will include the outlook from small businesses and the Fed’s June minutes. In stocks, Conagra, Delta, and Levi Strauss will report earnings.

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Tariffs Will Reset on Aug. 1 Without Deal, Bessent Says

The Trump administration’s self-imposed deadline on trade deal negotiations expires on Wednesday.

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Trump’s Tax Bill Stalls in House as GOP Holdouts Voice Opposition

The House passed its own version of the megabill, but the Senate made a number of changes that might be difficult for some lawmakers to swallow.

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Trump Says the U.S. Has a Deal With Vietnam. Tariffs Start at 20%.

The administration faces a self-imposed July 9 deadline for setting tariffs on goods from around the world.

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Microsoft Lays Off 9,000 Workers

Microsoft is laying off up to 9,000 workers, or around 4% of its global workforce.

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