Tariffs

Big Tech

Big Tech Pulls Off a Very Big Earnings Week

Photo via Thomas Fuller / SOPA Images/Sipa USA/Newscom

The reports made one thing clear: Big Tech’s big AI bet is already paying off — which explains why they can’t help but double down.

2 min read

Photo via Corine Solberg/Sipa USA/Newscom

Economics

Bottom Line Undercuts Hot Quarter for Top-Line US GDP

Economists anticipated a 2.5% rate, so the better-than-expected top line figure was obviously cause for celebration, right?

2 min read
Photo by Vlada Karpovich via Pexels

Finance

Can the S&P 500 Sustain a #HotStockSummer?

On Tuesday, the S&P 500 closed down 0.3%, snapping a remarkable streak of six straight closing highs through Monday.

2 min read
Photo via Wiktor Dabkowski/ZUMAPRESS/Newscom

International Economics

Trump’s ‘Biggest Deal Ever’ With EU Prompts Yawn From Wall Street

The deal sets 15% baseline tariffs on EU goods and commits the bloc to buy billions of dollars worth of US energy and defense products.

2 min read

Consumer

Is Nike Pulling Off Its Comeback Plan?

Photo via Matthew Huang/Icon Sportswire EHK/Matthew Huang/Icon Sportswire/Newscom

In its fiscal year 2025 earnings call, the company said it projects new tariffs will saddle it with $1 billion in additional costs this year.

2 min read

Economics

Bet Your Bottom Dollar: Can the Sinking US Greenback Bounce Back?

Photo illustration by Connor Lin / The Daily Upside

The dollar is the most important currency on earth, adding up to 57.7% of global currency reserves in the first quarter.

5 min read

Consumer

Constellation Brands Serves Up Lukewarm Beer Sales

Photo via Richard B. Levine/Newscom

Constellation, which specializes in Mexican brews, has been coping with canned-beer tariffs that started in April.

2 min read

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