U.S. stock futures declined on Monday after scaling fresh records in the previous truncated week. Futures of major benchmark indices were trading lower.



President Donald Trump said that he would be sending out letters to America's trading partners, announcing that <a href="http://market-summary/25/07/46267527/dow-futures-slip-over-100-points-amid-trumps-august-deadline-on-tariffs">tariffs would be back</a> to April 2 levels if there was no progress being made on signing a trade deal with the U.S. by then.



Trump also signed a <a href="https://www.benzinga.com/news/politics/25/07/46263434/trump-signs-sweeping-tax-and-spending-bill-that-cbo-says-will-add-3-3-trillion-to-us-deficit-cut-health-coverage-for-11-8-million-americans">sweeping tax and spending bill</a> into law last Friday at a White House July 4 picnic, calling it a historic victory.



This move comes despite projections from the Congressional Budget Office that it will significantly expand the federal deficit and cause millions to lose their insurance coverage. Meanwhile, he also threatened an additional 10% tariff on any country that <a href="https://www.benzinga.com/news/politics/25/07/46267477/trump-threatens-10-additional-tariff-on-all-brics-aligned-nations-says-tariff-letters-drop-at-noon-monday">aligns with BRICS</a>' anti-American policies



The 10-year Treasury bond yielded 4.34% and the two-year bond was at 3.85%. 



<figure class="wp-block-table is-style-stripes"><table class="has-fixed-layout"><tbody><tr><td>Futures</td><td>Change (+/-)</td></tr><tr><td>Dow Jones</td><td>-0.17%</td></tr><tr><td>S&amp;P 500</td><td>-0.41%</td></tr><tr><td>Nasdaq 100</td><td>-0.55%</td></tr><tr><td>Russell 2000</td><td>-0.53%</td></tr></tbody></table></figure>



The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, were lower in premarket on Monday. The SPY was down 0.39% at $622.87, while the QQQ declined 0.58% to $553.01, according to <a href="https://pro.benzinga.com/dashboard">Benzinga P</a>ro data.



Cues From Last Session:



On Thursday, the financial, information technology, and industrials sectors led the gains on the S&amp;P 500, with all sectors closing positively as U.S. stocks settled higher. The S&amp;P 500 even hit record highs following the release of jobs data.



Investor sentiment got a big boost from June's nonfarm payrolls report. It showed the U.S. economy added a robust 147,000 jobs, significantly more than the 110,000 forecast.



This encouraging data helped calm worries that arose from a weak private payroll report just the day before.



Plus, the unemployment rate dipped to 4.1% from 4.2%, also beating forecasts for a rise to 4.3%, marking its lowest point since January 2025.



Tech stocks were at the forefront of this rally, with the &#8220;Magnificent Seven&#8221; companies collectively reaching a market cap of $18.1 trillion.



Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) solidified its position as the world's most valuable company, soaring past a $3.9 trillion valuation, ahead of Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) at $3.7 trillion.



In other news, Tripadvisor Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRIP#NASDAQ">TRIP</a>) shares surged around 17% after activist investor Starboard Value acquired a 9% stake in the company.



<figure class="wp-block-table is-style-stripes"><table class="has-fixed-layout"><tbody><tr><td>Index</td><td>Performance (+/-)</td><td>Value</td></tr><tr><td>Nasdaq Composite</td><td>1.02%</td><td>20,601.10</td></tr><tr><td>S&amp;P 500</td><td>0.83%</td><td>6,279.35</td></tr><tr><td>Dow Jones</td><td>0.77%</td><td>44,828.53</td></tr><tr><td>Russell 2000</td><td>1.02%</td><td>2,249.04</td></tr></tbody></table></figure>



Insights From Analysts:



Ryan Detrick from Carson Research pointed out that the S&amp;P 500 has made 738 new all-time highs since 1990 till Thursday, suggesting that &#8220;Future returns are actually stronger than the at-any-time returns.&#8221;



He said, &#8220;Many are scared of heights, but history says you shouldn&#8217;t be.&#8221;



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Since 1990, the S&amp;P 500 has made 738 new all-time highs. Future returns are actually stronger than the at-any-time returns. Many are scared of heights, but history says you shouldn&#39;t be. <a href="https://t.co/7bQF08SugU">pic.twitter.com/7bQF08SugU</a>&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1942060247817883806?ref_src=twsrc%5Etfw">July 7, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



He also pointed out historical data where if the S&amp;P 500 index was up by 5% to 10% in the first half of the year since 1950, the index returned 6.4% on average in the next six months, and it ended with a positive return at least 86.7% of the time.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">S&amp;P 500 up between 5-10% YTD at the midpoint? Final six months higher 13 out of 15 times and full year up 14 out of 15 times. With better than average returns as well. <a href="https://t.co/IsTVtAP1r1">pic.twitter.com/IsTVtAP1r1</a>&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1941923109977698568?ref_src=twsrc%5Etfw">July 6, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Global stocks, as tracked by the iShares MSCI World ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URTH#NYSE">URTH</a>), <a href="https://www.benzinga.com/markets/equities/25/07/46269226/stocks-just-hit-rare-golden-cross-for-1st-time-since-2023-heres-what-it-means-for-investors">formed a &#8220;Golden Cross&#8221;</a> for the first time since January 2023, according to a chart shared by Barchart. 



This bullish signal, where the 50-day moving average crosses above the 200-day moving average, also appeared on charts for the SPY and the QQQ.



Historically, the last time URTH formed a Golden Cross, returns surged by 43% over the subsequent two years.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Global Stocks just formed a Golden Cross for the first time since January 2023 &#x1f6a8; The last one sent prices soaring 43% over the next 2 years &#x1f4c8;&#x1f4c8; <a href="https://t.co/uEYq9lZZDC">pic.twitter.com/uEYq9lZZDC</a>&mdash; Barchart (@Barchart) <a href="https://twitter.com/Barchart/status/1935138827716411718?ref_src=twsrc%5Etfw">June 18, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Looking back to 1975, a &#8220;golden cross&#8221; on the S&amp;P 500 chart has historically been a strong positive sign, leading to higher returns 88% of the time over the next year. According to Subu Trade, the S&amp;P 500&#8217;s average return after such an event over the past 50 years has been an impressive 12.29%.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The S&amp;P 500 has formed a &quot;Golden Cross&quot; (50 day moving average crossed above 200 day moving average). Here&#39;s every Golden Cross in the past 50 years, and what the S&amp;P did next: <a href="https://t.co/ARrLMwmsWp">pic.twitter.com/ARrLMwmsWp</a>&mdash; Subu Trade (@SubuTrade) <a href="https://twitter.com/SubuTrade/status/1940071700609335571?ref_src=twsrc%5Etfw">July 1, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures </a>



Upcoming Economic Data



Here&#8217;s what investors will keep an eye on this week:



<ul class="wp-block-list">
<li>No data is scheduled to be released on Monday.</li>



<li>June&#8217;s NFIB optimism index data will be out by 6:00 a.m. ET.</li>



<li>May&#8217;s consumer credit data will be released by 3:00 p.m. ET.</li>



<li>On Wednesday, the wholesale inventories data will be out by 10:00 a.m. ET.</li>



<li>Minutes of the Fed&#8217;s May FOMC meeting will be released by 2:00 p.m. ET.</li>



<li>On Thursday, initial jobless claims data for the week ended July 5 will all be out by 8:30 a.m. ET.</li>



<li>St Louis Fed President Alberto Musalem will speak at 10:00 a.m., and San Francisco Fed President Mary Daly will speak at 2:30 p.m. ET.</li>



<li>On Friday, monthly U.S. federal budget data will be released at 2:00 p.m. ET.</li>
</ul>



Stocks In Focus:



<ul class="wp-block-list">
<li>Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) dropped 6.55% as Elon Musk announced the launch of a new political party following the Senate&#8217;s approval of the Big Beautiful Bill. The new tax bill has axed the $7500 EV credit as well as made ZEV or Zero Emission vehicle credits.</li>



<li>Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) was 1.68% lower as it announced delaying its second Japanese chips plant while increasing investment in U.S. expansion, influenced by potential Trump tariffs.</li>



<li>WNS (Holdings) Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WNS#NYSE">WNS</a>) jumped 12.42% after being acquired by Capgemini for agentic AI-powered operations.</li>



<li>Sharps Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STSS#NASDAQ">STSS</a>) fell by 0.86% in premarket on Monday, as it named Paul Danner as Executive Chairman last week.</li>



<li>Quantum-Si Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QSI#NASDAQ">QSI</a>) declined 11.21% after announcing the pricing of $50 million registered direct offering of common stock.</li>



<li>Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) was 0.42% lower after securing a $2.8 billion contract from the U.S. Space Force to develop and produce strategic satellite communications systems.</li>



<li>Sonnet BioTherapeutics Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SONN#NASDAQ">SONN</a>) surged 61.22% premarket after announcing a $2.0 million private placement of zero-interest convertible notes and accompanying warrants.</li>



<li>Northern Dynasty Minerals Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NAK#NYSE">NAK</a>) climbed 18.57% after announcing that ongoing negotiations with the Environmental Protection Agency (EPA) regarding a potential settlement in the Pebble Mine case.</li>
</ul>



Commodities, Gold, And Global Equity Markets:



Crude oil futures were trading higher in the early New York session by 0.53% to hover around $66.85 per barrel.



Gold Spot US Dollar fell 0.83% to hover around $3,309.32 per ounce. Its last record high stood at $3,500.33 per ounce. The U.S. Dollar Index spot was higher by 0.23% at the 97.4000 level.



Asian markets ended lower on Monday except the South Korea's Kospi index, as India's S&amp;P BSE Sensex, Hong Kong's Hang Seng, and Australia's ASX 200, Japan's Nikkei 225, and China&#8217;s CSI 300 indices fell. European markets were mixed in early trade.



Read Next:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/07/46269226/stocks-just-hit-rare-golden-cross-for-1st-time-since-2023-heres-what-it-means-for-investors">Stocks Just Hit Rare Golden Cross For 1st Time Since 2023 — Here&#8217;s What It Means For Investors</a></li>
</ul>



Photo courtesy: godongphoto / Shutterstock.com

Equities

MSFT

NVDA

SONN

STSS

TRIP

TSLA

URTH

US Stocks Likely To Open Lower After A Week Of Records: Tesla In Focus As Elon Musk Announces America Party

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) stock plummeted nearly 7% in Monday pre-market trading in response to CEO Elon Musk&#8217;s re-entry into the political landscape amid his ongoing dispute with President Donald Trump over the contentious &#8220;Big, Beautiful Bill.&#8221;



What Happened: The decline follows Musk&#8217;s announcement of the formation of a new political party, in response to the Senate&#8217;s approval of the &#8220;Big, Beautiful Bill.&#8221; This bill has eliminated the $7500 EV credit and rendered the Zero Emission Vehicle (ZEV) credits, a significant revenue source for Tesla, effectively obsolete.



Over the weekend, Musk announced that the party would be named the "America Party" and might concentrate on "just 2 or 3 Senate seats and 8 to 10 House districts." He argued that this would be sufficient to hold the deciding vote on divisive legislation, helping ensure such laws reflect the true will of the people.



However, Elon Musk denied filing for the registration of the political party the Federal Election Commission. 



Trump criticized Musk&#8217;s move as &#8220;a train wreck&#8221; on Truth Social, questioning the necessity for a third political party in the U.S.



SEE ALSO: <a href="https://benzinga.com/personal-finance/entrepreneurship/25/07/46266500/mark-cuban-says-his-children-struggle-with-the-downsides-of-his-wealth-not-that" target="_blank" rel="noreferrer noopener">Mark Cuban Says His Children Struggle With the Downsides of His Wealth: &#8216;Not That They Want To Be Poor, But It Sets An Expectation&#8217;</a>



Why It Matters: This development comes on the heels of Musk&#8217;s decision to establish a political party, which has raised concerns among investors. Former DOGE advisor and Tesla investor, James Fishback, expressed that this move <a href="https://www.benzinga.com/markets/tech/25/07/46268694/elon-musks-america-party-plans-conflict-with-his-full-time-responsibilities-as-tesla-ceo-says-former-doge-advisor">undermines </a>investor confidence in the EV giant. His investment company Azoria Partners also postponed the launch of Tesla Convexity ETF on this note.



Musk stepped away from DOGE in May, a move that benefited Tesla's stock. However, his renewed involvement in politics is now unsettling investors.



The formation of the "America Party" by Musk has elicited <a href="http://The formation of the "America Party" by Musk has elicited mixed reactions among investors, analysts, and loyalists. While some see it as a step in the wrong direction, others believe it's too early to predict the impact on Tesla's brand in the short term">mixed reactions</a> among investors, analysts, and loyalists. While some see it as a step in the wrong direction, others believe it&#8217;s too early to predict the impact on Tesla&#8217;s brand in the short term.



"Very simply Musk diving deeper into politics and now trying to take on the Beltway establishment is exactly the opposite direction that Tesla investors/shareholders want him to take during this crucial period for the Tesla story," stated Dan Ives, the lead technology analyst at Wedbush. 



<ul class="wp-block-list">
<li>READ MORE: <a href="https://www.benzinga.com/markets/tech/25/07/46268433/teslas-full-self-driving-tech-under-fire-again-after-robotaxi-nearly-hits-parked-vehicle-report">Tesla&#8217;s Full Self-Driving Tech Under Fire Again After Robotaxi Nearly Hits Parked Vehicle: Report </a></li>
</ul>



Image via Shutterstock



Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

News

Tesla Stock Falls Over 6% In Monday Pre-Market: What's Going On?

The S&amp;P 500 and Nasdaq 100 indices have formed a &#8220;golden cross&#8221; on their charts, indicating the possibility of a &#8220;long-term bull market,&#8221; according to the experts.



What Happened: According to an iShares MSCI World ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URTH#NYSE">URTH</a>) chart, tracking the MSCI World Index shared by Barchart, global stocks have formed a &#8220;Golden Cross&#8221; for the first time since January 2023.



This comes as the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and the Nasdaq 100 index, respectively, also formed &#8220;golden crosses&#8221; on their charts.



Last time, when URTH formed a golden cross, where the 50-day moving average surpasses the 200-day moving average, the returns rose to 43% over the next two years.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Global Stocks just formed a Golden Cross for the first time since January 2023 &#x1f6a8; The last one sent prices soaring 43% over the next 2 years &#x1f4c8;&#x1f4c8; <a href="https://t.co/uEYq9lZZDC">pic.twitter.com/uEYq9lZZDC</a>&mdash; Barchart (@Barchart) <a href="https://twitter.com/Barchart/status/1935138827716411718?ref_src=twsrc%5Etfw">June 18, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Historical data dating back to 1975 suggest that the formation of this positive technical indicator on the charts has led the S&amp;P 500 index 88% of the time higher over the next year.



The average return after a &#8220;golden cross&#8221; was 12.29% in the last 50 years, as per the data shared by Subu Trade.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The S&amp;P 500 has formed a &quot;Golden Cross&quot; (50 day moving average crossed above 200 day moving average). Here&#39;s every Golden Cross in the past 50 years, and what the S&amp;P did next: <a href="https://t.co/ARrLMwmsWp">pic.twitter.com/ARrLMwmsWp</a>&mdash; Subu Trade (@SubuTrade) <a href="https://twitter.com/SubuTrade/status/1940071700609335571?ref_src=twsrc%5Etfw">July 1, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



A portfolio manager at Revere Asset Management, Connor Bates, shared QQQ&#8217;s chart and highlighted how the securities have trended upwards after the formation of this cross in the last five years/



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24QQQ&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$QQQ</a> Golden Cross. A look at what the markets did prior times in the past 5 years. <a href="https://t.co/E0OP3kRH2s">pic.twitter.com/E0OP3kRH2s</a>&mdash; Connor Bates (@ConnorJBates_) <a href="https://twitter.com/ConnorJBates_/status/1937973364166922747?ref_src=twsrc%5Etfw">June 25, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Meanwhile, Ed Yardeni of Yardeni Research said in his QuickTakes note that &#8220;those &#8216;golden crosses&#8217; tend to be bullish breakout patterns, indicating the possibility of a long-term bull market.&#8221;



See Also: <a href="https://www.benzinga.com/markets/equities/25/07/46267993/lockheed-martin-tops-defense-peers-in-capital-efficiency-but-market-isnt-impressed">Lockheed Martin Tops Defense Peers In Capital Efficiency — But Market Isn&#8217;t Impressed</a>



Why It Matters: According to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>, the SPY made a golden cross last week, and its current 50-day moving average of $587.15 was above its 200-day moving average of $582.68.



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/07034141/SPY-Golden-Cross-Tech-Chart-1024x576.png" alt="" class="wp-image-974223" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/07034141/SPY-Golden-Cross-Tech-Chart-1024x576.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/07034141/SPY-Golden-Cross-Tech-Chart-300x169.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/07034141/SPY-Golden-Cross-Tech-Chart-768x432.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/07034141/SPY-Golden-Cross-Tech-Chart-1536x864.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/07034141/SPY-Golden-Cross-Tech-Chart.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



Similarly, QQQ made a golden cross on June 23, and its current 50-day moving average of $515.59 was above the 200-day moving average of $503.23.



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/07034158/QQQ-technical-glden-chart-1024x576.png" alt="" class="wp-image-974224" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/07034158/QQQ-technical-glden-chart-1024x576.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/07034158/QQQ-technical-glden-chart-300x169.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/07034158/QQQ-technical-glden-chart-768x432.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/07034158/QQQ-technical-glden-chart-1536x864.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/07034158/QQQ-technical-glden-chart.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



After the truncated trading week on Thursday, the SPY was up 0.79% at $625.34, while the QQQ advanced 0.98% to $556.22, according to Benzinga Pro data.



On Monday, the futures of the S&amp;P 500, Dow Jones, and Nasdaq 100 indices were trading lower.



Read Next:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/07/46259795/everyone-talked-about-nvidia-apple-and-tesla-but-this-one-tech-stock-has-left-them-all-behind-in-2025">Everyone Talked About Nvidia, Apple And Tesla, But This One Tech Stock Has Left Them All Behind In 2025</a></li>
</ul>



Photo courtesy: Shutterstock

Stocks Just Hit Rare Golden Cross For 1st Time Since 2023 — Here's What It Means For Investors

Russian President Vladimir Putin emphasized the historical bond between Russia and the United States during a recent interview, citing centuries of cooperation that began with America&#8217;s independence struggle.



What Happened: Putin told Russian television host Pavel Zarubin that the two nations &#8220;have always had, for a very long time, very good and special relations,&#8221; according <a href="https://tass.com/politics/1985945">to</a> Russian News Agency TASS. 



He specifically referenced Russia&#8217;s support during America&#8217;s Revolutionary War, stating &#8220;We supported their aspirations for independence from the UK. We actually supplied weapons. We helped them with money.&#8221;



The Russian leader also highlighted Moscow&#8217;s backing of the Union during the Civil War, noting, &#8220;Afterward, we supported the North during the North-South war.&#8221; Putin concluded, &#8220;So in this sense we found things that united us.&#8221;



The comments follow a July 3 phone call between Putin and President Donald Trump, where the Russian president congratulated the U.S. leader on Independence Day and discussed Moscow&#8217;s historical contribution to American statehood, according to the Kremlin.



The White House did not immediately respond to&nbsp;<a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga</a>'s request for comment.



See Also: <a href="https://www.benzinga.com/news/politics/25/07/46268640/china-expresses-concern-to-eu-over-russias-potential-defeat-in-ukraine-conflict-amid-fears-that-trump-would-do-this-report">China Expresses Concern To EU Over Russia&#8217;s Potential Defeat In Ukraine Conflict Amid Fears That Trump Would Do &#8216;This&#8217;: Report</a>



Why It Matters: This diplomatic outreach comes amid complex U.S.-Russia relations. Trump has oscillated between praise and criticism of Putin, recently calling him &#8220;absolutely crazy&#8221; after Russian <a href="https://www.benzinga.com/25/05/45604616/trump-blasts-putin-as-absolutely-crazy-after-deadly-russian-airstrikes-on-ukraine-signals-possible-shift-toward-tougher-sanctions">airstrikes on Ukraine in May</a>. 



The president has also signaled the potential for tougher sanctions on Russia while simultaneously <a href="https://www.benzinga.com/25/05/45604616/trump-blasts-putin-as-absolutely-crazy-after-deadly-russian-airstrikes-on-ukraine-signals-possible-shift-toward-tougher-sanctions">pushing for ceasefire negotiations</a>.



Intelligence cooperation continues despite tensions. Russian spy chief Sergei Naryshkin and CIA Director John Ratcliffe have agreed to maintain direct communication channels, with their last known <a href="https://www.benzinga.com/news/politics/25/06/46163974/russian-spy-chief-and-cia-director-ratcliffe-agree-to-call-any-time-amid-tensions-report">conversation occurring in March</a>.



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<li><a href="https://www.benzinga.com/markets/tech/25/07/46268414/as-elon-musks-rift-with-donald-trump-deepens-former-google-executive-says-maga-and-tech-world-cant-thrive-without-each-other">As Elon Musk&#8217;s Rift With Donald Trump Deepens, Former Google Executive Says MAGA And Tech World Can&#8217;t Thrive Without Each Other</a></li>
</ul>



Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.



Photo courtesy: miss.cabul / Shutterstock.com

Global

Russian President Vladimir Putin Reminds Historic 'Special Relations' With US Against The UK: 'We Found Things That United Us'

The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index was in the &#8220;Extreme Greed&#8221; zone on Thursday.



U.S. stocks settled higher on Thursday, with the S&amp;P 500 hitting record highs following the release of jobs data



Investor sentiment was boosted by June&#8217;s nonfarm payrolls report, which showed the U.S. economy added 147,000 jobs, well above the 110,000 forecast. The data helped ease concerns stoked by a weak private payroll report just a day earlier. The unemployment rate dipped to 4.1% from 4.2%, also beating forecasts for a rise to 4.3%. It marks the lowest unemployment rate since January 2025.



Tech stocks led the charge, with the so-called Magnificent Seven reaching a combined market cap of $18.1 trillion. Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) solidified its lead as the world&#8217;s most valuable company, surpassing a $3.9 trillion valuation, ahead of Microsoft Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NYSE">MSFT</a>) at $3.7 trillion.



Tripadvisor, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRIP#NASDAQ">TRIP</a>) shares jumped around 17% on Thursday after activist investor Starboard Value acquired a 9% stake in the company.



All sectors on the S&amp;P 500 closed on a positive note, with financial, information technology and industrials stocks recording the biggest gains on Thursday.



The Dow Jones closed higher by over 344 points to 44,828.53 on Thursday. The S&amp;P 500 rose 0.83% to 6,279.35, while the Nasdaq Composite climbed 1.02% to 20,601.10 during Thursday's session.



What is CNN Business Fear &amp; Greed Index?



At a current reading of 78.5, the index remained in the &#8220;Extreme Greed&#8221; zone on Thursday, versus a prior reading of 75.



The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.



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Photo courtesy: Shutterstock

Pre-Market Outlook

S&P 500 Hits Record High Following Upbeat Jobs Report: Fear & Greed Index In 'Extreme Greed' Zone

Leading cryptocurrencies rose on Sunday while stock futures fell as the Trump administration extends tariff deadline.



<figure class="wp-block-table"><table class="has-fixed-layout"><thead><tr><th>Cryptocurrency</th><th>Gains +/-</th><th>Price (Recorded at 10:20 p.m. ET)</th></tr></thead><tbody><tr><td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td><td>+0.68%</td><td>$108,984.99</td></tr><tr><td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>+1.76%</td><td>$2,560.46</td></tr><tr><td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>+5.30%</td><td>$0.1728</td></tr></tbody></table></figure>



What Happened: Bitcoin surged to an intraday high of $109,731.63, with trading volume jumping by nearly 25% in the last 24 hours.



Ethereum, the second-largest cryptocurrency, reached a high of $2,600 but then fell back to around $2,500.



The rally wiped out $134 million in bearish short positions in the last 24 hours. More than $300 million in downside bets risked liquidation if Bitcoin made a new high.



Bitcoin&#8217;s open interest rose 2.41% in the last 24 hours to $74 billion, while Ethereum recorded a 3.90% jump in funds locked in unsettled derivatives contracts.&nbsp;



The "Greed" sentiment strengthened from 66 to 73 in the last 24 hours, according to the Crypto Fear &amp; Greed Index.



Top Gainers (24 Hours)



<figure class="wp-block-table aligncenter"><table class="has-fixed-layout"><thead><tr><th>Cryptocurrency</th><th>Gains +/-</th><th>Price (Recorded at 10:20 p.m. ET)</th></tr></thead><tbody><tr><td>Floki(FLOKI)</td><td>+16.67%</td><td>$0.00008772</td></tr><tr><td>Bonk(BONK)&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>+13.94%</td><td>$0.0000225</td></tr><tr><td>Celestia(TIA)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>+9.53%</td><td>$1.63 </td></tr></tbody></table></figure>



The global cryptocurrency market capitalization stood at $3.36 trillion, surging 3.49% in the last 24 hours.



Stock futures inched lower overnight Sunday. The Dow Jones Industrial Average Futures fell 139 points, or 0.30%, as of 9:40 p.m. EDT.&nbsp; Futures tied to the S&amp;P 500 slid 0.43%, while Nasdaq 100 Futures lost 0.53%.



Commerce Secretary Howard Lutnick told reporters that Trump's planned tariffs will take effect on August 1, further extending the previously set July 9 deadline, Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-07-06/lutnick-says-trump-s-tariffs-will-take-effect-on-august-1?srnd=homepage-americas">reported</a>.



Stocks have hit new highs lately, with the Nasdaq Composite and the S&amp;P 500 surging 5.48% and 4.65% over the past month.



See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>



Analyst Notes: A cryptocurrency-focused X account, Oz, with a significant following, predicted Bitcoin to hit $150,000 by late August.&nbsp;



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I love the fact <a href="https://twitter.com/search?q=%24btc&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$btc</a> will be at or over $150k by late August&#8230; And no one believes it..&mdash; Oz (@AskCryptoWealth) <a href="https://twitter.com/AskCryptoWealth/status/1941999644256403882?ref_src=twsrc%5Etfw">July 6, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Another well-known cryptocurrency analyst, Michaël van de Poppe, anticipated a "massive" altseason, citing the altcoin season index.



"For the past 5 years, the Altcoins Season Index bottomed in the summer, primarily in June of every year. What followed? A strong second half of the year for altcoins," the analyst stated.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The <a href="https://twitter.com/hashtag/Altcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Altcoin</a> season index is showing that we&#39;re about to fire up a massive altseason. For the past 5 years, the <a href="https://twitter.com/hashtag/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw">#Altcoins</a> Season Index bottomed in the Summer, primarily in June of every year. What followed? A strong second half of the year for Altcoins. Given that we&#39;re… <a href="https://t.co/gTfrkrqMGh">pic.twitter.com/gTfrkrqMGh</a>&mdash; Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1941851375572254748?ref_src=twsrc%5Etfw">July 6, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Photo: Yalcin Sonat/Shutterstock



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Cryptocurrency

Markets

Movers

Trading Ideas

$BTC

$DOGE

$ETH

Bitcoin, Ethereum, Dogecoin Gain As Trump Tariffs Deadline Delayed: 'Massive' Altcoin Season In The Works, Says This Analyst

U.S. Stock futures slipped on Sunday evening, following the Fourth of July weekend, after President Donald Trump&#8217;s confirmation regarding the reciprocal tariffs that are set to go into effect on August 1, instead of July 9. 



The&nbsp;S&amp;P 500 Futures&nbsp;trade at 6,297.50, down 0.43%, followed by&nbsp;Nasdaq Futures&nbsp;at 22,956.50, down 0.46%, and finally&nbsp;Dow Jones Futures&nbsp;down 0.33%, trading at 44,944.00, at the time of writing this.



This comes amid President Donald Trump saying that he would be sending out letters to America&#8217;s trading partners, announcing that tariffs would be back to April 2 levels, if there was no progress being made on signing a trade deal with the United States by then, according <a href="https://www.cnbc.com/2025/07/06/stock-market-today-live-updates.html">to</a> a report by CNBC.



See Also: <a href="https://www.benzinga.com/news/social-media/25/07/46265991/donald-trump-announces-upcoming-talks-with-china-on-tiktok-we-pretty-much-have-a-deal">Donald Trump Announces Upcoming Talks With China On TikTok: &#8216;We Pretty Much Have A Deal&#8217;</a>



Speaking alongside Trump, Commerce Secretary Howard Lutnick said that the tariffs will go into effect on August 1, adding that &#8220;the president is setting the rates, and the deals, right now,&#8221; to which Trump nodded in approval.



Treasury Secretary Scott Bessent said the same during his appearance on CNN&#8217;s &#8220;State of the Union&#8221; earlier in the day, saying that tariffs will &#8220;boomerang&#8221; back to &#8220;Liberation Day&#8221; levels, &#8220;if things don&#8217;t move along.&#8221;



Japan&#8217;s Nikkei 225 benchmark is down 204 points or 0.51%, trading at 39,608, with engineering, electronics and export-oriented stocks leading the decline.



The U.S. Dollar Index (DXY) is up 0.10%, trading at 97.098 against a basket of currencies, recovering from its lowest levels in over three years last week, hit by <a href="https://www.benzinga.com/markets/market-summary/25/07/46190058/asia-markets-mixed-europe-slips-dollar-weakens-further-as-tariff-deadline-looms-global-markets-today-while-us-slept">growing fiscal concerns</a>, persistent trade uncertainties and expectations of faster rate cuts by the Federal Reserve. 



While there are no noteworthy data releases or economic events on Monday, investors will be closely watching Barnes &amp; Noble Education Inc.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BNED#NYSE">BNED</a>) third quarter results later in the day.



khunkornStudio via Shutterstock



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</ul>

Government

BNED

Dow Futures Slip Over 100 Points Amid Trump's August Deadline On Tariffs

Shares of Elon Musk-led EV giant Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) declined in overnight trading amid the <a href="https://www.benzinga.com/news/politics/25/07/46216023/after-trump-warns-elon-musk-to-close-up-shop-china-rallies-behind-worlds-richest-man-theres-no-need-to-keep-putting-up-with-it">billionaire's feud</a> with President Donald Trump, which began over the latter's &#8220;Big, Beautiful Bill.&#8221;



What Happened: Tesla shares fell more than 5% in overnight trading, currently trading for around $297.70, as per data from Robinhood.



Why It Matters: The news comes in as Musk announced <a href="https://www.benzinga.com/news/politics/25/06/46186733/elon-musk-staging-a-political-comeback-tesla-ceo-sparks-america-party-buzz-as-he-slams-trumps-insane-spending-bill">the launch of a new political party</a> following the Senate's approval of the Big Beautiful Bill. The new tax bill has axed the $7500 EV credit as well as made ZEV or <a href="https://www.benzinga.com/markets/tech/25/07/46258669/tesla-made-2-76-billion-from-zev-credits-in-2024-in-us-but-trumps-tax-bill-just-killed-this-revenue-stream">Zero Emission vehicle credits</a>, a major revenue stream for Tesla, effectively redundant. 



The billionaire has been <a href="https://www.benzinga.com/news/politics/25/07/46266957/trump-calls-america-party-a-train-wreck-blasts-elon-musk-for-going-completely-off-the-rails-president-says-system-not-designed-for-a-third-player">slammed by Trump</a>, who in a post on Truth Social, called the move "a train wreck" and said that there is no need for a third political party in the U.S.



The move has also invited criticism from experts, with Wedbush Securities analyst and Tesla bull Dan Ives calling it a <a href="https://www.benzinga.com/news/politics/25/07/46267326/elon-musks-america-party-is-a-move-in-the-opposite-direction-says-dan-ives-analyst-gary-black-says-difficult-to-predict-impact-on-tesla-brand-short-term">move in the opposite direction</a> for the EV giant.



<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="199" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/07004357/TSLA-JUL-7-2025-1-1024x199.jpg" alt="" class="wp-image-974005" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/07004357/TSLA-JUL-7-2025-1-1024x199.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/07004357/TSLA-JUL-7-2025-1-300x58.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/07004357/TSLA-JUL-7-2025-1-768x149.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/07004357/TSLA-JUL-7-2025-1-1536x299.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/07004357/TSLA-JUL-7-2025-1.jpg 1569w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>



Tesla offers satisfactory Momentum while scoring well on the Growth and Quality metrics, but the stock offers poor Value. For more such insights, sign up for<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"> Benzinga Edge Stock Rankings</a> today!



Check out more of Benzinga&#8217;s Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>



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Photo courtesy: Shutterstock

Tech

Tesla Shares Fall Over 5% In Overnight Trading As Elon Musk Jumps Back Into Politics

Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Chief Executive Elon Musk's controversial stint at President Donald Trump's Department of Government Efficiency ended in May, but debate persists over what he gained or lost, and how it affected his businesses.



Elon Musk's father, Errol Musk, recently told <a href="https://x.com/SkyNews/status/1927840326456168919?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1927840326456168919%7Ctwgr%5E8e719785e1bf5a1f15ae066df5103fbf614ab132%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Ffuturism.com%2Ferrol-musk-elon-politics">Sky News</a> that he warned his son against taking part in politics, given both his nature and the realities of political life.



"He's a very straightforward person," the senior Musk said. "He's not terribly complicated at all. He's not a very good conversationalist. He's not a very good politician at all."



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Errol, who often publicly criticizes his billionaire son, said that politics has no boundaries and called it the "deepest pool of human endeavor."



"As I explained to him as well, that politics is a swimming pool that hasn&#8217;t got a bottom, it hasn&#8217;t got sides. No matter which way you go, you are never gonna get to the edge," Errol added.



The two Musks have a strained relationship. In 2017, during an <a href="https://www.rollingstone.com/culture/culture-features/elon-musk-the-architect-of-tomorrow-120850/">interview</a> with Rolling Stone, Elon called his father a &#8216;terrible human being.&#8217;



"My dad will have a carefully thought-out plan of evil. He will plan evil," he said at the time.&nbsp;



Trending: Maximize saving for your retirement and cut down on taxes: <a href="https://www.benzinga.com/money/wiseradvisor-retirement-planning">Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation.&nbsp;</a>



Earlier this year, Errol <a href="https://www.nytimes.com/2025/02/21/style/elon-musk-father-errol-comments.html#:~:text=On%20a%20recent%20episode%20of,five%20sons%20all%20brought%20up.">criticized</a> Elon's parenting during the "<a href="https://www.youtube.com/watch?v=gagYfbwVXFU">Wide Awake</a>" podcast, saying he "hasn't been a good dad."



"He hasn't got the gift of the gab and apart from that, he likes the idea that everyone who works for him must be an A student," Errol said. "And of course, when you work in government you can&#8217;t have that."



Tesla shares are down 14% so far this year as the company's EV deliveries continue to plunge globally. In May, Tesla sales <a href="https://www.reuters.com/business/autos-transportation/teslas-german-car-sales-continue-decline-may-2025-06-04/">fell</a> for the fifth consecutive month in Britain, Germany, and Italy.



Wells Fargo recently <a href="https://www.cnbc.com/2025/06/10/wells-fargo-says-tesla-shares-to-drop-60percent-as-sales-slump-.html?taid=68484d55c5f45e0001b957d3&amp;utm_campaign=trueanthem&amp;utm_content=main&amp;utm_medium=social&amp;utm_source=twitter">said</a> in a note that Tesla shares could drop 60% amid weak deliveries and rising competition. Analyst Colin Langan said Tesla's global deliveries in May fell 23% year over year and added that the company's potential tailwinds, such as autonomous driving, are not likely to offset its delivery declines.



"Most investor attention is directed at the June 12th Austin Robotaxi deployment. We doubt the likely limited debut will be enough to overshadow the poor fundamentals," Langan said. He has a $120 price target for the stock.



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Image: Shutterstock

Personal Finance

Elon Musk's Father Says He Warned His Son Against Going Into Politics – 'He's Not a Very Good Politician At All'

These ten large-cap stocks were the worst performers in the holiday-shortened week. Are they a part of your portfolio?



<ol class="wp-block-list">
<li>Centene Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNC#NYSE">CNC</a>) stock fell 37.82% amid a sharp selloff after it withdrew its 2025 <a href="https://www.benzinga.com/node/46209736" target="_blank" rel="noreferrer noopener">GAAP and adjusted EPS guidance</a>. Several analysts downgraded the stock and lowered <a href="https://www.benzinga.com/quote/CNC/analyst-ratings" target="_blank" rel="noreferrer noopener">their price forecasts</a>.</li>



<li>Molina Healthcare, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOH#NYSE">MOH</a>) stock declined 17.69% amid a broader selloff in health insurance stocks following Centene&#8217;s <a href="https://www.benzinga.com/node/46209736" target="_blank" rel="noreferrer noopener">withdrawal of forward guidance</a>.</li>



<li>Circle Internet Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRCL#NYSE">CRCL</a>) stock plunged 11.64% amid a pullback after recent highs. Several analysts <a href="https://www.benzinga.com/quote/CRCL/analyst-ratings" target="_blank" rel="noreferrer noopener">also initiated ratings on the stock</a>.</li>



<li>Tempus AI Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TEM#NASDAQ">TEM</a>) stock dipped 10.78% after the company <a href="https://www.benzinga.com/node/46186497" target="_blank" rel="noreferrer noopener">priced an upsized</a> $650 million debt offering due 2030, $250 million more than initially planned.</li>



<li>AST SpaceMobile, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTS#NASDAQ">ASTS</a>) stock lowered 9.92% amid a pullback after recent highs.</li>



<li>AeroVironment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVAV#NASDAQ">AVAV</a>) stock fell 9.6% after the company announced <a href="https://www.benzinga.com/node/46183842" target="_blank" rel="noreferrer noopener">a proposed $750 million common stock</a> offering and $600 million in convertible notes to repay debt and expand manufacturing.</li>



<li>Antero Resources Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AR#NYSE">AR</a>) stock declined 8.88% amid concerns that OPEC+ members may increase oil output, putting pressure on crude prices.</li>



<li>Korea Electric Power Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KEP#NYSE">KEP</a>) stock dropped 8.61% after the company reportedly decided to freeze electricity rates for Q3.</li>



<li>Expand Energy Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXE#NASDAQ">EXE</a>) stock lost 8.37% amid pressure on energy names due to speculation around an OPEC+ production hike.</li>



<li>Li Auto Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>) stock decreased 7.37% after it <a href="https://www.benzinga.com/node/46190208" target="_blank" rel="noreferrer noopener">reported a 24.1% year-over-year drop</a> in June deliveries. The broader U.S.-listed Chinese stock sector was also under pressure due to tariff uncertainty as President Trump signaled he may not extend the 90-day tariff pause beyond July 9.</li>
</ol>



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<li><a href="https://www.benzinga.com/trading-ideas/movers/25/07/46265728/nike-datadog-and-snap-are-among-top-11-large-cap-gainers-last-week-june-30-july-4-are-the-others-in-your-portfolio">NIKE, Datadog And Snap Are Among Top 11 Large Cap Gainers Last Week (June 30-July 4): Are The Others In Your Portfolio?</a></li>
</ul>



Photo by Robert Way via Shutterstock

Large Cap

ASTS

AVAV

CRCL

Circle Internet, Centene And Li Auto Are Among Top 10 Large Cap Losers Last Week (June 30-July 4): Are The Others In Your Portfolio?

The past week has been a rollercoaster ride in the world of business and tech. From Elon Musk&#8217;s ongoing feud with President Donald Trump to Tesla&#8217;s declining sales in Canada, there&#8217;s been no shortage of drama. Amidst all this, Boeing&#8217;s 737 had a midair scare and Tesla confirmed the introduction of new affordable models. Let&#8217;s dive into the details.



China Supports Musk Amid Trump Feud



Elon Musk, CEO of&nbsp;Tesla Inc., has found an unexpected ally in Chinese social media users amidst his ongoing feud with U.S. President Donald Trump. The hashtag #MuskWantsToBuildAnAmericaParty has gone viral on Weibo, China&#8217;s equivalent of Twitter.



<a href="https://www.benzinga.com/news/politics/25/07/46216023/after-trump-warns-elon-musk-to-close-up-shop-china-rallies-behind-worlds-richest-man-theres-no-need">Read the full article here.</a>



Tesla&#8217;s Sales Drop In Canada



Tesla researcher Troy Teslike has highlighted a significant drop in Tesla&#8217;s sales in Canada, predicting GAAP losses for the company starting in Q1 2026. The decline is largely attributed to political controversy.



<a href="https://www.benzinga.com/markets/tech/25/06/46162850/tesla-sales-in-canada-have-dropped-to-nearly-zero-says-researcher-expects-elon-musk-led-ev-giant-may-report-losses-starting-2026">Read the full article here.</a>



See Also:<a href="https://www.benzinga.com/markets/large-cap/25/06/46161226/gary-black-warns-tesla-q2-deliveries-will-disappoint-says-cheaper-models-could-cannibalize-sales-and-see-ideal-re-entry-22-below-current-levels" target="_blank" rel="noreferrer noopener">&nbsp;Gary Black Warns Tesla Q2 Deliveries Will ‘Disappoint' — Says Cheaper Models Could Cannibalize Sales</a>



Boeing 737&#8217;s Midair Scare



A&nbsp;Boeing Co.&nbsp;737-800, operated by Japan Airlines Co., made an emergency landing after a pressurization system failure forced a rapid descent from 32,800 feet. All 191 passengers and crew survived without injuries.



<a href="https://www.benzinga.com/markets/equities/25/07/46214283/boeing-737s-violent-26000-foot-plunge-left-passengers-legs-shaking-as-japan-airlines-flight-make">Read the full article here.</a>



Tesla To Introduce Affordable Models



Amid declining sales, Tesla has confirmed that it will introduce more affordable models to its lineup. &#8220;The accessibility of our products is fundamental to our mission,&#8221; the company stated in its 2024 impact report.



<a href="https://www.benzinga.com/markets/tech/25/07/46212911/amid-declining-sales-elon-musks-tesla-confirms-new-affordable-models-will-be-introduced-this-year">Read the full article here.</a>



BYD Launches Long-Range Trim Of Seagull EV



BYD Co. Ltd., a rival to Tesla, has unveiled a new, longer-range trim of its best-selling car, the Seagull EV, in China. The long-range trim is priced at $11,000 and offers 252 miles of CLTC range on a single charge.



<a href="https://www.benzinga.com/markets/tech/25/07/46187880/tesla-rival-byd-launches-11000-long-range-trim-of-its-best-selling-seagull-ev-as-price-war-heats-up">Read the full article here.</a>



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<li><a href="https://benzinga.com/markets/tech/25/07/46258669/tesla-made-2-76-billion-from-zev-credits-in-2024-in-us-but-trumps-tax-bill-just-killed-this-revenue-" target="_blank" rel="noreferrer noopener">Tesla Made $2.76 Billion From ZEV Credits In 2024 In US But Trump&#8217;s Tax Bill Just Killed This Revenue Stream</a></li>
</ul>



This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/ananya-gairola" target="_blank" rel="noreferrer noopener">Ananya Gairola</a>



Photo courtesy: VTT Studio / Shutterstock.com

Elon Musk's Tesla Troubles, Boeing's Midair Scare And More: This Week In Mobility

The past week has been a whirlwind of political activity, with President Donald Trump making headlines on multiple fronts. From signing a controversial tax and spending bill to announcing tariff hikes, the President has been at the center of several major stories. Here&#8217;s a quick round-up of the top five stories that dominated the weekend.



Trump Signs Tax and Spending Bill 



President Donald Trump signed a sweeping tax and spending bill into law on Friday, a move that the Congressional Budget Office projects will significantly increase the federal deficit and leave millions uninsured. The bill was signed amidst a July 4 picnic at the White House, with Trump declaring it a historic win.



<a href="https://www.benzinga.com/news/politics/25/07/46263434/trump-signs-sweeping-tax-and-spending-bill-that-cbo-says-will-add-3-3-trillion-to-us-deficit-cut-health-coverage-for-11-8-million-americans">Read the full article here.</a>



US to Raise Tariffs 



President Trump announced that his administration will begin informing trading partners about new tariffs on their exports starting this Friday. The tariffs are scheduled to take effect on August 1, with new tariff levels ranging from 10% to 70%. This move is part of Trump's strategy to favor straightforward agreements over complex negotiations.



<a href="https://www.benzinga.com/news/politics/25/07/46263399/trump-says-us-will-raise-tariffs-to-up-to-70-as-july-9-deadline-looms">Read the full article here.</a>



See Also:&nbsp;<a href="https://benzinga.com/news/politics/25/07/46263399/trump-says-us-will-raise-tariffs-to-up-to-70-as-july-9-deadline-looms" target="_blank" rel="noreferrer noopener">Trump Says US Will Raise Tariffs To Up To 70% As July 9 Deadline Looms</a>



Gavin Newsom&#8217;s South Carolina Tour 



California Governor Gavin Newsom is set to embark on a South Carolina tour next week, sparking rumors about his potential presidential run in 2028. The tour, named "On the Road With Governor Gavin Newsom", aims at "building partnerships, uplifting communities, and showing rural voters they aren&#8217;t forgotten."



<a href="https://www.benzinga.com/news/politics/25/07/46256467/gavin-newsom-is-going-to-south-carolina-next-week-to-remind-rural-voters-there-they-arent-forgotten-presidential-run-in-2028-on-the-cards">Read the full article here.</a>



Obama&#8217;s Warning on Health Care



Former President Barack Obama warned that more than 16 million Americans risk losing their health coverage as House Republicans struggle to advance President Donald Trump‘s sweeping tax and spending package that includes significant cuts to Medicaid funding. Obama urged Americans to "call your representative today and tell them to vote no on this bill."



<a href="https://www.benzinga.com/news/25/07/46240012/obama-warns-16-million-americans-could-lose-health-care-as-gop-pushes-trumps-big-beautiful-bill-with-deep-medicaid-cuts">Read the full article here.</a>



Trump Calls for Jerome Powell&#8217;s Resignation



President Donald Trump has publicly demanded the resignation of Federal Reserve Chair Jerome Powell, following accusations from the Federal Housing Finance Agency Director that Powell provided misleading testimony. Trump voiced his demand for Powell's resignation on Wednesday via a post on Truth Social.



<a href="https://www.benzinga.com/news/politics/25/07/46237506/trump-says-jerome-powell-should-resign-immediately-after-fhfa-director-alleges-fed-chair-lied-about-2-5-billion-renovation-plan">Read the full article here.</a>



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</ul>



This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/Rounak-Jain" target="_blank" rel="noreferrer noopener">Rounak Jain</a>



Photo courtesy: Maxim Elramsisy / Shutterstock.com

Politics

Trump's Sweeping Tax Bill, Tariff Hikes, Gavin Newsom's Tour And More: This Week In Politics

As we wrap up another eventful week, the tech world continues to buzz with exciting news and predictions. From Mark Cuban&#8216;s bold forecast about the future of AI to IBM&#8216;s surprising performance, there&#8217;s plenty to catch up on. Let&#8217;s dive into the top stories that caught our attention over the weekend.



Mark Cuban Predicts AI Will Create The First Trillionaire



Billionaire entrepreneur Mark Cuban shared his belief that artificial intelligence (AI) could lead to the creation of the world&#8217;s first trillionaire. During the &#8220;High Performance&#8221; podcast by CNBC, Cuban suggested that the future trillionaire will likely be someone who innovatively harnesses AI. He speculated that this groundbreaking innovation might emerge from an unexpected source.



<a href="https://www.benzinga.com/news/25/07/46263675/mark-cuban-predicts-ai-will-create-the-first-trillionaire-and-it-could-just-be-one-dude-in-the-basement">Read the full article here.</a>



IBM Outperforms Nvidia, Apple, and Tesla in 2025



As Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) became the most valuable publicly traded company, another tech giant, nicknamed &#8216;Big Blue,&#8217; has quietly outpaced the Magnificent 7 and the Jensen Huang-led tech giant in 2025. International Business Machines Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) has emerged as one of the most profitable artificial intelligence plays this year.



<a href="https://www.benzinga.com/markets/equities/25/07/46259795/everyone-talked-about-nvidia-apple-and-tesla-but-this-one-tech-stock-has-left-them-all-behind-in-2025">Read the full article here.</a>



See Also:&nbsp;<a href="https://benzinga.com/crypto/cryptocurrency/25/07/46260599/ripples-national-bank-ambition-how-could-it-disrupt-stablecoins-and-traditional-banking" target="_blank" rel="noreferrer noopener">Ripple's National Bank Ambition: How Could It Disrupt Stablecoins And Traditional Banking? Ripple's National Bank Ambition: How Could It Disrupt Stablecoins And Traditional Banking? &#8211; Benzinga</a>



Elon Musk&#8217;s xAI Hires Katie Miller Amid Controversial Permit Win



Elon Musk&#8217;s artificial intelligence startup xAI has hired Katie Miller, wife of President Donald Trump&#8217;s Deputy Chief of Staff Stephen Miller, as a communications manager. This comes just as the company secured a controversial permit for its Memphis data center operations.



<a href="https://www.benzinga.com/markets/tech/25/07/46259534/elon-musks-xai-hires-trump-aide-stephen-millers-wife-katie-amid-controversial-memphis-data-center-permit-win">Read the full article here.</a>



Experts Debate AI&#8217;s Impact On Employment



The impact of artificial intelligence on employment continues to be a hot topic of debate. Market veteran Jim Cramer thinks that &#8220;AI is still not trusted,&#8221; while others see trouble brewing in the labor market due to the automation of several human-led jobs.



<a href="https://www.benzinga.com/markets/tech/25/07/46257861/jim-cramer-contradicts-ai-led-job-cuts-at-white-collar-firms-as-cathie-wood-says-its-hurting-entry-level-jobs-heres-how-experts-debunk-ais-impact-on-employment">Read the full article here.</a>



Dan Ives Urges Apple to Acquire Perplexity AI



Tech analyst Daniel Ives has urged Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) to make quick moves and acquire Perplexity AI for its search engine. Ives stated that Apple needs to &#8220;make a move,&#8221; during an interview with CNBC.



<a href="https://www.benzinga.com/markets/equities/25/07/46216283/dan-ives-urges-apple-to-make-a-move-saying-that-perplexity-acquisition-is-a-no-brainer-its-a-matter-of-when-and-not-if">Read the full article here.</a>



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</ul>



This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/Rounak-Jain" target="_blank" rel="noreferrer noopener">Rounak Jain</a>



Photo courtesy: Shutterstock

AAPL

Cuban's AI Prediction, IBM's Rise, Musk's New Hire And More: This Week In AI

The past week has been a rollercoaster ride for Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>). From introducing new features to its iOS 26 update to the box office success of &#8216;F1: The Movie&#8217;, Apple has been making headlines in multiple sectors. Here&#8217;s a recap of the top stories.



Apple&#8217;s iOS 26 Update to Combat Spam



Apple is set to roll out a new feature with iOS 26 that aims to curb spam by automatically filtering and silencing unwanted texts in its Messages app. This enhanced spam screening tool is expected to provide users with a more streamlined and spam-free experience.



<a href="https://www.benzinga.com/markets/tech/25/07/46258668/apples-ios-26-will-silence-spam-texts-automatically-with-new-messages-update-that-filters-unknown-senders-into-hidden-folders">Read the full article here.</a>



Low AI Expectations Boost Apple Stock



According to Gene Munster from Deepwater Asset Management, Apple&#8217;s stock bump on Monday shows just how eagerly investors are waiting for signs that the company is serious about artificial intelligence. The rumors of a Siri upgrade alone fueled a 2% stock jump.



<a href="https://www.benzinga.com/markets/tech/25/06/46186723/apple-investors-have-shockingly-low-ai-expectations-says-gene-munster-siri-upgrade-rumors-alone-fueled-a-2-stock-jump">Read the full article here.</a>



See Also:&nbsp;<a href="https://benzinga.com/markets/tech/25/07/46263690/melinda-french-gates-tried-to-hold-it-together-for-the-family-and-foundation-but-indicates-bill-gate" target="_blank" rel="noreferrer noopener">Melinda French Gates Tried To Hold It Together For The Family And Foundation—But Indicates Bill Gates&#8217;s Infidelity Left Her No Choice</a>



&#8216;F1: The Movie&#8217; Surpasses Expectations



Apple&#8217;s Brad Pitt-starrer ‘F1: The Movie' has been a box office success, surpassing expectations and adding another feather to Apple&#8217;s cap in the entertainment sector.



<a href="https://www.benzinga.com/markets/tech/25/06/46159050/apples-f1-surpasses-expectations-chamath-palihapitiyas-criticism-ai-for-chip-design-and-perplexity-acquisition-in-consideration-this-week-in-appleverse">Read the full article here.</a>



Apple Stock Eyes Rebound



Despite being down 15% year-to-date, Apple&#8217;s stock is eyeing a rebound. A mix of seasonal strength, rising App Store revenue, and improving sentiment could set up the stock for a rare comeback.



<a href="https://www.benzinga.com/markets/tech/25/07/46260998/apple-store-stock-performance-july-analysis">Read the full article here.</a>



iPhone Sales Bounce Back in China



Apple&#8217;s iPhone sales are set for a significant rebound in China in the second quarter of 2025, with both Huawei Technologies and Apple leading the charge in year-on-year growth. However, the pressure from Huawei and Xiaomi continues to intensify.



<a href="https://www.benzinga.com/markets/tech/25/07/46246152/iphone-sales-bounce-back-in-china-but-huawei-and-xiaomi-intensify-pressure">Read the full article here.</a>



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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/Rounak-Jain" target="_blank" rel="noreferrer noopener">Rounak Jain</a>



Photo courtesy: jamesteohart / Shutterstock.com

iOS 26 Spam Filter, AI Expectations, F1 Success And More: This Week In Appleverse

The past week has been a rollercoaster ride for the U.S. economy. From a rare warning sign in the labor market to a surprising jobs report, the week was filled with unexpected turns. The gold market saw a potential rise, while the Federal Reserve faced criticism from President Donald Trump. Amidst all this, the middle class&#8217;s struggles were highlighted by a renowned economist.



Here&#8217;s a recap of the top stories.



Labor Market Sends Warning Signal



The U.S. labor market is showing a concerning sign as private sector payrolls fell in June for the first time in over two years. This has raised concerns about the economy&#8217;s health and increased speculation about Federal Reserve interest rate cuts. Private employers cut 33,000 jobs last month, according to the ADP National Employment Report.



<a href="https://www.benzinga.com/markets/economic-data/25/07/46218795/labor-market-payrolls-june-interest-rates">Read the full article here.</a>



JPMorgan&#8217;s Bet on Gold



Despite U.S. stocks trading at all-time highs, JPMorgan&#8216;s mid-year outlook suggests a potential storm brewing that could see gold soar, the dollar weaken, and markets reset in the second half of 2025. The investment bank forecasts the S&amp;P 500 to finish the year at 6,000, implying a modest 3.5% pullback from current levels.



<a href="https://www.benzinga.com/markets/commodities/25/07/46233083/something-big-is-brewing-in-gold-stocks-and-the-dollar-jpmorgans-half-year-2025-outlook">Read the full article here.</a>



See Also:&nbsp;<a href="https://www.benzinga.com/markets/tech/25/06/46161059/apple-has-the-potential-to-crush-metas-ray-ban-smart-glasses-says-ming-chi-kuo-but-the-tech-giant-has-been-surprisingly-slow" target="_blank" rel="noreferrer noopener">Apple Has the Potential To Crush Meta's Ray-Ban Smart Glasses, Says Ming-Chi Kuo, But The Tech Giant Has Been ‘Surprisingly Slow'</a>



Trump&#8217;s Attack On Fed Chair



President Donald Trump escalated his criticism of Federal Reserve Chair Jerome Powell, accusing him of keeping interest rates "artificially high" and insisting the benchmark should drop to &#8220;1% or 2%". Trump claimed Powell&#8217;s policies force the government to refinance roughly $9 trillion in debt at punitive costs.



<a href="https://www.benzinga.com/news/politics/25/06/46165110/donald-trump-calls-fed-chair-jerome-powell-a-bad-person-who-keeps-rates-artificially-high-says-benc">Read the full article here.</a>



US Middle Class Struggles



Economist Richard Baldwin argued that America&#8217;s middle-class struggles have less to do with globalization and more to do with a chronic failure to provide adequate social policy. Baldwin believes that unlike other advanced economies, the U.S. hasn&#8217;t implemented the policies needed to cushion economic shocks.



<a href="https://www.benzinga.com/news/politics/25/07/46214509/america-has-no-will-to-help-its-middle-class-says-economist-richard-baldwin-so-politicians-find-a-c">Read the full article here.</a>



Surprising June Jobs Report



The official U.S. jobs report for June delivered a surprisingly sharp turnaround from the gloom triggered by ADP private payroll data just 24 hours earlier. Nonfarm payrolls increased by 147,000 in June, the strongest reading so far in 2025, up from an upwardly revised 144,000 in May and well above economists' expectations.



<a href="https://www.benzinga.com/markets/economic-data/25/07/46244105/june-jobs-report-nonfarm-payroll-adp-data">Read the full article here.</a>



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</ul>



This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/ananya-gairola" target="_blank" rel="noreferrer noopener">Ananya Gairola</a>



Photo: Miha Creative via Shutterstock

Economics

Labor Market Woes, Gold's Rise, Trump's Fed Attack, Middle-Class Struggles And A Surprising Jobs Report: This Week In Economy

The past week has been a rollercoaster ride in the world of finance and cryptocurrency. The spotlight was on President Donald Trump&#8217;s &#8216;Big Beautiful Bill&#8217; and its potential implications for Bitcoin. Meanwhile, concerns about America&#8217;s debt crisis continue to mount and Robinhood&#8217;s latest move in blockchain technology has stirred up the market.



Here&#8217;s a quick recap of the top stories.



Bitcoin And Trump&#8217;s &#8216;Big Beautiful Bill&#8217;



President Donald Trump&#8217;s &#8216;Big Beautiful Bill&#8217; has been the talk of the town, especially its potential impact on Bitcoin. The bill, which passed through the Senate, is expected to lead to a significant fiscal expansion. Market analysts suggest that the bill&#8217;s projected impact on government spending, inflation, and the U.S. dollar could drive a shift toward Bitcoin as investors look for alternative stores of value.



<a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46227149/every-new-trillion-of-debt-in-trumps-big-beautiful-bill-is-free-adertising-for-bitcoin-expe">Read the full article here.</a>



Big Beautiful Bull Run For Bitcoin, Ethereum, XRP



Despite the absence of direct crypto measures in the &#8216;Big Beautiful Bill&#8217;, market watchers believe that the broader economic fallout could create tailwinds for Bitcoin and digital assets. Data from Santiment suggests that the bill&#8217;s passage may be bullish for cryptocurrencies.



<a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46220570/how-trumps-big-beautiful-bill-could-create-a-big-beautiful-bull-run-for-bitcoin-ethereum-xr">Read the full article here.</a>



See Also:&nbsp;<a href="https://benzinga.com/crypto/cryptocurrency/25/07/46260174/this-bitcoin-collector-turned-500-into-over-10-million-by-selling-100-physical-bitcoin" target="_blank" rel="noreferrer noopener">This Bitcoin Collector Turned $500 Into Over $10 Million By Selling 100 &#8216;Physical&#8217; Bitcoin</a>



America&#8217;s Debt Crisis: No Fix In Sight?



Silicon Valley investor and economic commentator Balaji Srinivasan has voiced concerns about America&#8217;s looming debt crisis. He stated that the U.S. is heading towards a national bankruptcy, with the real debt exceeding $175 trillion.



<a href="https://www.benzinga.com/markets/macro-economic-events/25/07/46213919/elon-musk-is-100-correct-says-balaji-srinivasan-america-is-broke-and-there-is-no-fi">Read the full article here.</a>



Robinhood&#8217;s Blockchain Move



Macro strategist Raoul Pal has praised&nbsp;Robinhood Markets&#8217;&nbsp;decision to launch tokenized stock offerings. He described it as a move towards the &#8220;democratization of finance&#8221;, allowing users in Europe to gain exposure to U.S. private companies such as SpaceX and OpenAI.



<a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46186180/raoul-pal-says-robinhood-letting-users-trade-openai-spacex-through-blockchain-is-democratization-of-finance-end-of-public-vs-private-markets-has-begun">Read the full article here.</a>



Bitcoin, Ethereum, XRP, Dogecoin Dip: A Buying Opportunity?



The cryptocurrency markets saw modest declines following the Senate&#8217;s passage of the &#8216;Big Beautiful Bill&#8217;. The macro uncertainty combined with Bitcoin&#8217;s ongoing range-bound technical structure is keeping momentum subdued. However, some traders believe that the early July dip could present a good buying opportunity.



<a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46206003/bitcoin-ethereum-xrp-dogecoin-dip-but-early-july-dip-buys-will-age-well-trader-says">Read the full article here.</a>



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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/ananya-gairola" target="_blank" rel="noreferrer noopener">Ananya Gairola</a>



Photo courtesy: Shutterstock

Trump's 'Big Beautiful Bill' And Its Impact On Bitcoin, America's Debt Crisis And Robinhood's Blockchain Move: This Week In Crypto

Wall Street powered through the shortened holiday week, with both the S&amp;P 500 and the Nasdaq 100 climbing to fresh record highs, as upbeat economic data and major policy shifts <a href="https://www.benzinga.com/markets">helped fuel investor confidence.</a>



Optimism got an extra boost after President Donald Trump announced a surprise trade deal with Vietnam. The agreement includes a 20% tariff on all Vietnamese imports and a 40% tariff on transshipped goods. In return, U.S. companies will get full access to Vietnam's domestic market, a key win for American exporters. 



Markets responded positively, with investors viewing it as a signal that Trump is favoring targeted trade enforcement over sweeping tariffs.



Read also: <a href="https://www.benzinga.com/news/politics/25/07/46241070/trumps-vietnam-trade-deal-with-40-tax-on-transshipments-may-result-in-chinese-backlash-say-economists-they-want-inflation">Trump&#8217;s Vietnam Trade Deal With 40% Tax On Transshipments May Result In Chinese Backlash, Say Economists: &#8216;&#8230;They Want Inflation&#8217;</a>



<h3 class="wp-block-heading">Congress Passes Trump&#8217;s OBBBA, Economic Data Outperform</h3>



The U.S. Senate passed the bill on July 1, 2025, in a narrow 51–50 vote, with Vice President J.D. Vance casting the tie-breaking vote.



The House of Representatives followed on July 3, approving the final version of the bill in a 218–214 vote.



The White House announced that President Donald Trump will sign the bill into law on July 4, 2025, at 4 p.m. ET—a symbolic moment timed with Independence Day.



Labor market data surpassed expectations: Nonfarm payrolls rose by 147,000 in June, exceeding the projection of 110,000. The unemployment rate dropped to 4.1%, defying forecasts for a rise to 4.3% and hitting its lowest level since January. A big surprise came from government hiring, which added 73,000 jobs — the largest<a href="https://www.benzinga.com/markets/economic-data/25/07/46244105/june-jobs-report-nonfarm-payroll-adp-data"> jump since March 2023.</a>



On the industrial side, new orders for U.S. manufactured goods jumped 8.2% in May to $642 billion. This was the largest monthly surge since 2014 and the third-largest on record, as firms moved quickly to capitalize on the temporary suspension of "Liberation Day" tariffs.



This economic resilience complicates the Federal Reserve's outlook for near-term rate cuts. Chair Jerome Powell said the door remains open for a potential rate cut at the July 30 meeting, though he emphasized the importance of incoming data. Yet, after the robust jobs report, market-based odds for a cut fell sharply to just 7%.



Read also:<a href="https://www.benzinga.com/news/politics/25/07/46258864/ray-dalio-warns-us-debt-per-family-will-rise-85-to-425000-over-next-10-years-as-house-passes-trumps-big-beautiful-bill"> Ray Dalio Warns US Debt Per Family Will Rise 85% To $425,000 Over Next 10 Years As House Passes Trump&#8217;s &#8216;Big Beautiful Bill&#8217;</a>



In tech news, Microsoft Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NYSE">MSFT</a>) announced a new round of layoffs affecting 9,000 employees — about 4% of its global workforce.



Michigan-based automakers were among the week's top gainers. Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) jumped 10% this week after reporting a 14% year-over-year increase in second-quarter U.S. vehicle sales, reaching 612,095 units. The surge was led by strong demand for its Maverick and F-Series pickup trucks.



General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) also topped the week&#8217;s best-performer ranking after posting a 7% rise in quarterly sales to 746,588 vehicles. 



Now read: 



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/07/46262055/greed-mode-on-why-tesla-nvidia-palantir-and-bitcoin-plays-could-rip">Greed Mode On: Why Tesla, Nvidia, Palantir And Bitcoin Plays Could Rip </a></li>
</ul>

Macro Economic Events

Regulations

Econ #s

Wall Street Ends Holiday Week At Record Highs As Jobs, Trade Deal Lift Sentiment: This Week In Markets

President Donald Trump signed his <a href="https://www.benzinga.com/news/politics/25/07/46240478/trumps-big-beautiful-bill-advances-as-house-gop-squeezes-out-219-213-win" target="_blank" rel="noreferrer noopener">sweeping tax and spending package</a> into law on Friday after it narrowly passed both houses of Congress last week.



The signing keeps his second-term agenda alive and sets the stage for big shifts in corporate taxes, consumer spending, and tech-sector investments.



Markets took the news in stride. Both the S&amp;P 500 and Nasdaq 100 climbed to fresh record highs, lifted by solid economic data and the <a href="https://www.benzinga.com/markets/market-summary/25/07/46262523/trump-fed-policy-markets-records-vietnam-trade-deal-obbba" target="_blank" rel="noreferrer noopener">promise of policy stability</a>.



For investors, the week delivered a rare mix of bullish momentum and clear direction.



Adding to the surprise, Trump unveiled a <a href="https://www.benzinga.com/news/politics/25/07/46241070/trumps-vietnam-trade-deal-with-40-tax-on-transshipments-may-result-in-chinese-backlash-say-economists-they-want-inflation" target="_blank" rel="noreferrer noopener">new trade deal with Vietnam</a>. The agreement imposes steep tariffs—20% on Vietnamese imports and 40% on transshipped goods—but opens up full access for U.S. companies to Vietnam&#8217;s domestic market, a major win for American exporters, especially in consumer tech and electronics.



Technology



Nvidia Corp&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)&nbsp;CEO&nbsp;Jensen Huang stock just closed at&nbsp;$159.34&nbsp;on Thursday, less than&nbsp;3%&nbsp;shy of the historic<a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46261478/nvidias-4t-countdown-will-next-weeks-chart-print-a-trillion-dollar-breakout" rel="noreferrer noopener">&nbsp;$4 trillion&nbsp;market cap milestone.</a>



If it hits&nbsp;$164, it&#8217;ll become the first chipmaker — and only the second U.S. company after&nbsp;Microsoft Corp&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) – to touch that number.



Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) is rolling out a new feature with&nbsp;iOS 26&nbsp;that aims to curb spam by automatically filtering and silencing unwanted<a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46258668/apples-ios-26-will-silence-spam-texts-automatically-with-new-messages-update-that-filters-unknown-senders-into-hidden-folders" rel="noreferrer noopener"> texts in its&nbsp;</a><a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46258668/apples-ios-26-will-silence-spam-texts-automatically-with-new-messages-update-that-filters-unknown-senders-into-hidden-folders" rel="noreferrer noopener">Messages</a><a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46258668/apples-ios-26-will-silence-spam-texts-automatically-with-new-messages-update-that-filters-unknown-senders-into-hidden-folders" rel="noreferrer noopener">&nbsp;app.</a>



As part of the iOS 26 update, Apple is getting an enhanced spam screening tool within its Messages app



Alphabet&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google has been hit with an antitrust complaint by a group of independent publishers<a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46263522/googles-ai-overviews-features-sparks-new-antitrust-battle-with-european-publishers-report" rel="noreferrer noopener"> from the European Union.</a>



The complaint is related to Google&#8217;s AI Overviews, a feature that provides AI-generated summaries above traditional hyperlinks in search results.



Alibaba Group Holding Limited&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) announced a strategic partnership with website builder&nbsp;Wix.com Ltd.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WIX#NASDAQ">WIX</a>) to simplify global commerce for entrepreneurs and small businesses <a target="_blank" href="https://www.benzinga.com/markets/equities/25/07/46226194/whats-going-on-with-alibaba-stock-today" rel="noreferrer noopener">in more than 200 markets.</a>



Alibaba Group announced the pricing of HK$12.023 billion ($1.5 billion) in zero-coupon exchangeable bonds due 2032, marking the Chinese e-commerce giant&#8217;s latest move to fuel its artificial intelligence<a href="https://www.benzinga.com/markets/equities/25/07/46257814/alibaba-prices-1-5-billion-via-zero-coupon-bonds-to-fund-ai-cloud-push" target="_blank" rel="noreferrer noopener"> and cloud expansion strategy.</a>



President&nbsp;Donald Trump&nbsp;said the U.S. is&nbsp;poised to resume negotiations&nbsp;with China as early as Monday or Tuesday over a potential deal involving<a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46263734/trump-says-we-pretty-much-have-a-deal-as-he-reveals-us-will-resume-tiktok-deal-talks-with-china-soon" rel="noreferrer noopener"> TikTok&#8217;s U.S. operations.</a>



Artificial Intelligence (AI)



OpenAI CEO&nbsp;Sam Altman&nbsp;said AI can now perform entry-level employee tasks, while Gen Z workers increasingly view artificial intelligence as a workplace companion rather than competition, as tech leaders predict the first billion-dollar <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/45809827/sam-altman-says-ai-can-replace-interns-but-gen-z-is-already-treating-it-like-a-work-buddy" rel="noreferrer noopener">single-person company could emerge next year.</a>



Apple&nbsp;has the&nbsp;potential to outshine Meta Platforms&#8217; (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)&nbsp;Ray-Ban&nbsp;smart glasses, <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46161059/apple-has-the-potential-to-crush-metas-ray-ban-smart-glasses-says-ming-chi-kuo-but-the-tech-giant-has-been-surprisingly-slow" rel="noreferrer noopener">says analyst&nbsp;</a><a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46161059/apple-has-the-potential-to-crush-metas-ray-ban-smart-glasses-says-ming-chi-kuo-but-the-tech-giant-has-been-surprisingly-slow" rel="noreferrer noopener">Ming-Chi Kuo</a><a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46161059/apple-has-the-potential-to-crush-metas-ray-ban-smart-glasses-says-ming-chi-kuo-but-the-tech-giant-has-been-surprisingly-slow" rel="noreferrer noopener">.</a>



Apple&nbsp;investors are waiting for signs that the company is serious about artificial intelligence, according to&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46186723/apple-investors-have-shockingly-low-ai-expectations-says-gene-munster-siri-upgrade-rumors-alone-fueled-a-2-stock-jump" rel="noreferrer noopener">Deepwater Asset Management&#8217;s Gene Munster</a><a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46186723/apple-investors-have-shockingly-low-ai-expectations-says-gene-munster-siri-upgrade-rumors-alone-fueled-a-2-stock-jump" rel="noreferrer noopener">.</a>



A report emerged that the tech giant is exploring using large language models from&nbsp;OpenAI&nbsp;or&nbsp;Anthropic&nbsp;to power a revamped version of&nbsp;Siri&nbsp;by spring 2026.



Automobiles &amp; Airlines



Boeing (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) secured a $2.8 billion contract from the U.S. Space Force to develop and produce strategic <a target="_blank" href="https://www.benzinga.com/markets/equities/25/07/46258103/boeing-wins-2-8-billion-us-space-force-contract-to-build-nuclear-resilient-satellites-for-strategic-communications" rel="noreferrer noopener">satellite communications systems.</a>



The contract covers Boeing&#8217;s Evolved Strategic Satellite Communications (ESS) program, which will deliver two satellites with options for two additional units.



Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) released its second-quarter<a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/25/07/46221375/tesla-stock-jumps-on-strong-q2-deliveries" rel="noreferrer noopener"> production and delivery results for 2025.</a>



Tesla produced 410,244 vehicles and delivered 384,122 globally. The popular Model 3/Y vehicles accounted for the vast majority of these figures, with 373,728 deliveries for the quarter. The company also noted the deployment of 9.6 GWh of its energy storage products.



Lucid Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>)&nbsp;said it produced 3,863 vehicles in the second quarter, up from 2,212 vehicles<a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/25/07/46235023/lucid-reports-q2-production-delivery-numbers-shares-stall" rel="noreferrer noopener"> produced in the&nbsp;first quarter.</a>



Rivian Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) produced 5,979 vehicles between April and June and delivered 10,661 units<a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/25/07/46224223/rivians-production-dips-for-next-gen-models-volkswagen-infusion-boosts-outlook" rel="noreferrer noopener"> from its Normal, Illinois, plant. </a>Despite a planned reduction in output to prepare for its 2026 lineup, Rivian reaffirmed its full-year delivery guidance of 40,000 to 46,000 vehicles.



NIO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) shipped 24,925 units in June, reflecting a 17.5% increase over the<a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46191725/nios-june-sales-surge-as-trump-casts-doubt-on-ev-future" rel="noreferrer noopener"> same month last year.</a>



Xiaomi (OTC:<a class="ticker" href="https://www.benzinga.com/stock/XIACF#OTC">XIACF</a>) is exploring options to sell its vehicles overseas. CEO&nbsp;Lei Jun&nbsp;shared the company&#8217;s plans during a livestream.



Image: Shutterstock

General

BABA

GOOG

GOOGL

LCID

RIVN

XIACF

Consumer Tech News (June 30–July 4): Trump's Tax Bill Advances, S&P Hits Record, Nvidia Nears $4 Trillion, Apple Debuts iOS 26 Spam Filter

These eleven large-cap stocks were the best performers in the holiday-shortened week. Are they a part of your portfolio?



<ol class="wp-block-list">
<li>Symbotic Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SYM#NASDAQ">SYM</a>) stock gained 28.93% last week.</li>



<li>NIKE, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) stock upped 22.15%, along with apparel and retail stocks, <a href="https://www.benzinga.com/node/46230421">which gained</a> on Trump's trade deal announcement with Vietnam, a key supplier to the industry. Argus Research also upgraded Nike <a href="https://www.benzinga.com/quote/NKE/analyst-ratings">from Hold to Buy</a>.</li>



<li>First Solar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) stock rose 18.89% after the U.S. Senate passed the "One Big Beautiful Bill Act," which extended renewable project timelines and cut China from the supply chain. The bill also removed <a href="https://www.benzinga.com/node/46249974">the proposed excise tax</a>.</li>



<li>Datadog, Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DDOG#NASDAQ">DDOG</a>) stock gained 18.33% after it was announced that it would <a href="https://www.benzinga.com/node/46248451">join the S&amp;P 500 index</a> on July 9, 2025.</li>



<li>Hewlett Packard Enterprise Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPE#NYSE">HPE</a>) stock jumped 16.17% after the DOJ cleared its Juniper Networks Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNPR#NYSE">JNPR</a>) <a href="https://www.benzinga.com/node/46172737">acquisition</a>. Also, Bank of America Securities maintained a Buy rating and raised its <a href="https://www.benzinga.com/quote/HPE/analyst-ratings">price forecast to $23</a>.</li>



<li>Summit Therapeutics Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMMT#NASDAQ">SMMT</a>) stock upped 15.15% after Bloomberg reported it is in $15 billion-valued <a href="https://www.benzinga.com/node/46249640">partnership talks</a> with AstraZeneca (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZN#NYSE">AZN</a>). UBS also initiated coverage on the stock with a Buy rating and <a href="https://www.benzinga.com/quote/SMMT/analyst-ratings">a $30 price forecast</a>.</li>



<li>Carnival Corporation &amp; plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) stock rose 14.48% as it prepares to launch its <a href="https://www.benzinga.com/node/46236882">new private cruise destination</a>, Celebration Key. The company also announced an offer to raise 1 Billion euros via senior unsecured notes to refinance debt.</li>



<li>POSCO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PKX#NYSE">PKX</a>) stock gained 14.43% last week.</li>



<li>Wynn Resorts, Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WYNN#NASDAQ">WYNN</a>) stock gained 14.02% after <a href="https://www.benzinga.com/node/46204670">Macau's June gaming revenue</a> rose 19% year-over-year to $2.6 billion, beating expectations.</li>



<li>SharkNinja, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SN#NYSE">SN</a>) stock rose 13.95% amid sector-wide gains from Trump's Vietnam trade deal announcement benefiting consumer goods supply chains.</li>



<li>Snap Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) shares gained 13.88% last week after Wells Fargo raised its <a href="https://www.benzinga.com/node/46207800">price forecast on the stock</a> from $8 to $11.</li>
</ol>



Read Next:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/large-cap/25/07/46252229/netflix-is-worth-half-trillion-and-one-analyst-forecasts-trillion-dollar-valuation">Netflix Is Worth Half Trillion And One Analyst Forecasts Trillion Dollar Valuation</a></li>
</ul>



Image via Shutterstock

DDOG

FSLR

JNPR

SMMT

SNAP

WYNN

NIKE, Datadog And Snap Are Among Top 11 Large Cap Gainers Last Week (June 30-July 4): Are The Others In Your Portfolio?

Benzinga examined the prospects for<a href="http://www.benzinga.com/trading-ideas" target="_blank" rel="noreferrer noopener"> many investors' favorite stocks</a> over the last week — here's a look at some of our top stories.



Markets closed out a holiday‑shortened week with the S&amp;P 500 and Nasdaq 100 reaching fresh record highs. The rally was powered by unexpectedly strong job growth, robust factory orders, and a surprise U.S.-Vietnam trade deal that lifted sentiment.



Under the Vietnam deal, the U.S. will impose a 20% tariff on Vietnamese exports and 40% on transshipped goods, while offering U.S. companies tariff‑free access to Vietnam's domestic market — a strategic win ahead of the July 9 tariff deadline.



With June payrolls beating forecasts (+147,000 jobs, unemployment at 4.1%) and industrial orders surging, markets concluded the week on a confident note. Still, rate‑cut odds dropped sharply as the job strength reduced the case for a July Fed cut.



Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week's most bullish and bearish posts that are worth another look.







The Bulls



<a href="https://www.benzinga.com/trading-ideas/movers/25/07/46236303/datadog-stock-surges-on-sp-500-inclusion">"Datadog stock surges on S&amp;P 500 inclusion"</a>, by Adam Eckert, reports that Datadog Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DDOG#NASDAQ">DDOG</a>) jumped more than 9% after being named to replace Juniper Networks in the S&amp;P 500, a move expected to trigger increased institutional buying and index-tracking fund inflows.



<a href="https://www.benzinga.com/trading-ideas/movers/25/07/46250801/sharplink-gaming-sbet-stock-is-trending-today-whats-going-on">"SharpLink Gaming stock is trending today: what's going on?"</a>, by Adam Eckert, reports that SharpLink Gaming Inc. (NASDAQ: SBET) shares rose about 6% mid‑day on Thursday after the company highlighted its Ethereum treasury strategy — staking its ETH reserves into protocols, earning 102 ETH in late June, and announcing it will ring the Nasdaq closing bell in celebration of the move.



<a href="https://www.benzinga.com/trading-ideas/long-ideas/25/07/46204827/stock-of-the-day-bank-of-america-breaks-out">"Stock of the Day: Bank of America breaks out"</a>, by Mark Putrino, reports that Bank of America Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) appears to have broken through a key resistance level — suggesting rising demand may be propelling the stock into a sustained upward trend.



For additional bullish calls of the past week, check out the following:



<a href="https://www.benzinga.com/news/space/25/07/46210595/650-later-rocket-lab-ceo-isnt-one-bit-worried">650% Later, Rocket Lab CEO Isn't One Bit Worried</a>



<a href="https://www.benzinga.com/markets/tech/25/07/46260998/apple-store-stock-performance-july-analysis">Apple's App Store Just Had A Blowout Quarter — And That Might Be The Signal Bulls Needed</a>



<a href="https://www.benzinga.com/trading-ideas/movers/25/07/46246380/iren-stock-is-rising-thursday-whats-going-on">IREN Stock Is Rising Thursday: What's Going On?</a>







The Bears



<a href="https://www.benzinga.com/markets/guidance/25/07/46209736/centene-withdraws-2025-guidance-shares-dive">"Centene withdraws 2025 guidance, shares dive"</a>, by Adam Eckert, reports that Centene Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNC#NYSE">CNC</a>) stock plunged over 21% after it pulled its full-year 2025 guidance — citing a preliminary actuarial review showing a $1.8 billion reduction in risk adjustment revenue and a projected $2.75 EPS hit — triggering a sell‑off across the health insurance sector.



<a href="https://www.benzinga.com/trading-ideas/movers/25/07/46235023/lucid-reports-q2-production-delivery-numbers-shares-stall">"Lucid reports Q2 production, delivery numbers, shares stall"</a>, by Adam Eckert, reports that Lucid Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>) produced 3,863 vehicles in Q2 and delivered 3,309, both record highs year‑over‑year but short of Wall Street estimates, causing shares to stall despite continued progress in scaling production and demand.



<a href="https://www.benzinga.com/markets/tech/25/07/46242782/why-qualcomms-stock-isnt-soaring-like-its-rivals">"Why Qualcomm's stock isn't soaring like its rivals"</a>, by Anusuya Lahiri, reports that Qualcomm Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) has delivered modest 6% year‑to‑date gains — trailing the PHLX Semiconductor Index's 13% and Nvidia's 43% — due to its heavy reliance on handset markets and slower diversification into AI and data‑center chips.



For more bearish takes, be sure to see these posts:



<a href="https://www.benzinga.com/trading-ideas/movers/25/07/46222916/centenes-guidance-withdrawal-spooks-sector-oscar-health-stock-falls">Centene's Guidance Withdrawal Spooks Sector, Oscar Health Stock Falls</a>



<a href="https://www.benzinga.com/trading-ideas/movers/25/07/46220830/united-health-stock-is-sliding-today-whats-going-on">United Health Stock Is Sliding Today: What's Going On?</a>



<a href="https://www.benzinga.com/trading-ideas/movers/25/07/46252812/webull-stock-is-sliding-after-the-close-whats-going-on">Webull Stock Is Sliding After The Close: What's Going On?</a>







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