Latest news with #MorningBrief
Yahoo
8 hours ago
- Automotive
- Yahoo
Tesla Q2 earnings: 3 things investors will be looking for
Yahoo Finance Senior Autos Reporter Pras Subramanian joins Morning Brief with Julie Hyman to discuss Tesla's (TSLA) upcoming earnings print after the closing bell on Wednesday. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. Sign in to access your portfolio
Yahoo
8 hours ago
- Automotive
- Yahoo
What the US–Japan deal signals for future global trade talks
Yahoo Finance Reporters Josh Schafer, Allie Canal, and Ines Ferré join Morning Brief with Julie Hyman to discuss how the US–Japan trade deal is hitting the auto, defense, and consumer goods sectors and what it signals for future deals. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Business
- Yahoo
Fresh record highs, GM & Coca-Cola earnings, Powell: 3 Things
Here are three things Wall Street is watching on Tuesday, July 22. The S&P 500 (^GSPC) and the Nasdaq Composite (^IXIC) ended Monday's trading session at record highs. General Motors (GM) reports earnings with tariffs weighing on profits. Coca-Cola (KO) reported in-line results and introduced cane sugar products. Federal Reserve Chair Jerome Powell is set to deliver remarks as pressure on the Fed from the Trump administration mounts. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. Three things you need to know today. First up, US stock futures little changed this morning after the S&P 500 and the tech heavy Nasdaq closed at record highs. Meanwhile, trade in focus this morning as Treasury Secretary Scott Betson said he will meet his Chinese counterpart next week and discuss what's likely to be an extension of an August deadline for higher tariffs. That's according to an interview he gave on Fox business. Plus, earnings season is in full swing. General Motors said it suffered a $1.1 billion profit hit from Donald Trump's tariffs and revealed no plan for a near-term fix to return to pre-tariff profit levels. In other earnings, Coca-Cola posted second quarter sales growth and profit that beat Wall Street expectations as consumers continue to pay higher prices for the company's soft drinks. The company also said it plans to launch a new Coke product for American consumers made with cane sugar this fall. And Federal Reserve chair Jerome Powell delivering remarks this morning as pressure mounts on him. Treasury Secretary Scott Betson called for a review of the decision to renovate the Fed building. Meanwhile, a Florida Congresswoman has asked the Justice Department to consider investigating and prosecuting Powell for allegedly lying under oath in testimony before a congressional committee. Related Videos Lockheed Martin, AstraZeneca, DR Horton: Trending Tickers Fed's Powell on Importance of Bank Capital Framework Astrazeneca, Phillip Morris & D.R. Horton earnings: Trending Tickers Momentum Swinging Back to the US, Zavolock Says Sign in to access your portfolio
Yahoo
a day ago
- Business
- Yahoo
Market's underlying 'angst' could lead to August volatility
RBC Capital Markets equity derivatives strategist Amy Wu Silverman joins Morning Brief with Julie Hyman to discuss how markets (^DJI, ^GSPC, ^IXIC) have been reacting to Fed uncertainty and tariff uncertainty. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. Markets seem to be shrugging off the latest trade back and forth. My next guest says volatility potholes, as she's calling them, could be ahead in August. Joining me now, Amy Wu Silverman, RBC Capital Markets Equity Derivatives Strategist. Ah, same, same today. We had the same thought on the color there, Amy. Um, good to see you. Um, Good to see you. You know, this has been sort of an ongoing discussion we've been having with you and other strategists just how resilient the market has been, at least on the surface, uh, in the face of these continued tariff threats. Is there anything under the water line, so to speak, that you're seeing? Look, there is, Julie. I think there is a lot of angst under the surface. One way that we identify that is just, you know, how do option prices, how does volatility look in the future? So maybe not the next month, maybe not the next two months, but even three, four, six, 12 months out. And that's where you do start to see investors demanding protection. There's heightened levels of volatility. We refer to that as the term structure, but it's simply saying that there is a good deal of worry, not necessarily for the summer months as the negotiations are still going on, but longer term, you know, there could be any number of reasons why, but it is much higher than normal. And that actually has been true since Liberation Day. And so do you think that there is complacency in the markets right now? And if so, I guess define what complacency is and what the risks are around that. Yeah, so when you think about it, if if you were an investor who was worried about tariffs, and you had obviously that gap during Liberation Day, but then you really got whipsawed, right? So when the market rallied that hard, you actually were caught offsides. And then you've had difficulty hedging near term because a lot of what Trump says, uh, you know, is subject to negotiation, is subject to deadlines being pushed back. Essentially what's happened is those folks who have been hedging kind of post that rally began have had a hard time. And so it's hard to keep those positions on. You know, that's not necessarily complacency. It's just this turbulence with regard to timing. I would flag that we're going into August, which tends to be seasonally poor for returns, seasonally high for volatility. And August 5th last year is when we got a major volatility pothole with the VIX spiking to over 60. Right. The summer has this sort of false reputation of being quiet when it's not necessarily a lot of the time, Amy. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
L'Orient-Le Jour
3 days ago
- Politics
- L'Orient-Le Jour
Over 70 killed waiting for aid in Gaza, Barrack returns to Beirut: Everything you need to know this Monday
Want to get the Morning Brief by email? Click here to sign July 21, by Abbas key things to watch today:Diplomatic meetings following U.S. envoy Tom Barrack's return to Lebanon, with a focus on Hezbollah disarmament talks and the U.S.-backed roadmap for phased weapons after the imposed cease-fire in Sweida, including humanitarian conditions, local security shifts, and government response Army reinforcements in Rmeish amid continued Israeli strikes in southern Lebanon.2 p.m.: Joint meeting between the municipal offices of Hezbollah and the Amal Movement. More than 70 killed in Gaza aid queue, attacks expand as new truce deal stirs: A new truce deal reportedly bridging gaps between Hamas and Israel's disagreements was set to be reviewed by Hamas this weekend, Axios...
