U.S. inventory futures are blended and little modified after President Donald Trump pushed again his “reciprocal” tariffs deadline to Aug. 1 and introduced new obligation ranges on 14 nations, together with Japan and South Korea; Amazon’s (AMZN) four-day “Prime Day” gross sales occasion kicks off; Tesla (TSLA) shares are in focus after sinking yesterday on CEO Elon Musk’s introduced formation of a brand new political occasion; and Meta Platforms (META) has reportedly employed a prime AI government from Apple (AAPL) amid a push to construct a “superintelligence” staff. This is what buyers have to know at the moment.
1. US Inventory Futures Combined as Traders Digest Tariffs Information
U.S. inventory futures are blended and little modified in premarket buying and selling as buyers weigh the extension of the White Home’s tariffs deadline after indexes fell sharply yesterday. Nasdaq and S&P 500 futures are 0.3% and 0.1% increased, respectively, after falling from file highs Monday. Dow Jones Industrial Common futures are ticking decrease. Bitcoin (BTCUSD) is barely increased at slightly below $109,000. The ten-year Treasury word yield is rising to about 4.42%. Oil and gold futures are decrease.
2. Trump Pushes Again ‘Reciprocal’ Tariffs Deadline
The White Home pushed again its deadline for negotiations on “reciprocal” tariffs from Wednesday to Aug. 1. Bloomberg reported that President Donald Trump stated the new deadline was “not 100% agency,” and that he was keen to barter. Trump on Monday unveiled a collection of tariffs that will be utilized to at the least 14 nations, principally in Asia, together with 25% levies on South Korea and Japan.
3. Amazon ‘Prime Day’ Occasion Begins
Amazon (AMZN) shares are barely increased in premarket buying and selling as its annual “Prime Day” gross sales occasion started Tuesday. The occasion is anticipated to spice up on-line spending to a file $23.8 billion throughout U.S. retailers, in accordance with an Adobe forecast launched Monday. After gross sales hit an all-time excessive throughout final yr’s occasion, Amazon has prolonged this yr’s “Prime Day” to 4 days from two. Shares of Amazon entered Tuesday up lower than 2% in 2025.
4. Tesla Inventory in Focus After Tumbling Monday on Musk’s Political Exercise
Tesla (TSLA) shares are up about 1% in premarket buying and selling after the inventory plunged almost 7% Monday amid continued political exercise from CEO Elon Musk. The manager stated he was forming a brand new political occasion in response to President Trump’s “One Massive Lovely Invoice,” which he lately signed into regulation. Traders apprehensive that Musk’s transfer would additional escalate his public feud with Trump and draw the chief’s consideration away from working the electrical car maker. Tesla shares have misplaced greater than 1 / 4 of their worth this yr.
5. Meta Platforms Reportedly Hires High Apple AI Government
Meta Platforms (META) has reportedly employed a prime synthetic intelligence government from Apple (AAPL) because the social media large continues its efforts to construct out its new AI “superintelligence” group. Bloomberg reported that the Fb dad or mum employed Ruoming Pang, who was in command of Apple’s basis fashions staff. Final month, OpenAI CEO Sam Altman stated that Meta was providing $100 million signing bonuses to go away the ChatGPT maker. Meta shares are up lower than 1% in premarket buying and selling, whereas these of Apple are little modified.