π Amazon has reported its second-quarter earnings, posting an EPS of $1.68, surpassing estimates of $1.33. The companyβs AWS net sales reached $30.87 billion, exceeding expectations of $30.77 billion. Total net sales for the quarter were $167.70 billion, above the estimated $162.15 billion. Looking ahead, Amazon anticipates third-quarter operating income between $15.5 billion and $20.5 billion, compared to the estimate of $19.42 billion.
π United States financial update: Stratergy reported Q2 revenue of $114.488 million, exceeding the IBES estimate of $113 million. The company posted a net income of $10.020846 million and an EPS of $32.6, significantly surpassing the IBES estimate of -$0.09. Stratergy holds 628,791 Bitcoins and forecasts an FY25 EPS of $80 per share, based on a Bitcoin price outlook of $150,000.
π VANECK has submitted an updated S-1 application to the SEC for a spot SOL ETF.
Alpha
π₯πΊπΈ Figma opened at $85 on its debut trading day. The IPO was priced at $33.
π₯πΊπΈ FIGMA shares surged by 250% during their debut trading session.
β¨ Coinbase has reported its Q2 earnings, with an earnings per share (EPS) of $5.14, significantly surpassing the IBES estimate of $1.26. The total revenue for the quarter reached $1.50 billion, slightly below the estimated $1.59 billion. Additionally, the trading volume for Q2 was $237 billion, falling short of the expected $252.76 billion. For more details, visit Coinbase.
π Apple Inc. has reported its third-quarter earnings, posting an earnings per share (EPS) of $1.57, surpassing the expected $1.42. The company achieved a revenue of $94.04 billion, exceeding estimates of $89.3 billion. iPhone revenue reached $44.58 billion, higher than the anticipated $40.06 billion. Additionally, revenue from Greater China stood at $15.37 billion, slightly above the estimate of $15.19 billion. The quarterly dividend remains steady at 26 cents per share, unchanged from the previous quarter.
π¨ Today's Calendar - August 1, 2025:
The U.S. is set to impose new tariffs on countries failing to finalize trade agreements. A 50% tariff on imported copper products takes effect. Australia and Japan will release their Manufacturing PMI for July, followed by China and India later in the day. The U.S. will report Non-Farm Payrolls, unemployment rates, and consumer sentiment data. The Moscow Exchange has updated its price step for certain stocks. Earnings reports include Positive Technologies and Chevron. For more details, visit here.
The U.S. is set to impose new tariffs on countries failing to finalize trade agreements. A 50% tariff on imported copper products takes effect. Australia and Japan will release their Manufacturing PMI for July, followed by China and India later in the day. The U.S. will report Non-Farm Payrolls, unemployment rates, and consumer sentiment data. The Moscow Exchange has updated its price step for certain stocks. Earnings reports include Positive Technologies and Chevron. For more details, visit here.
π₯πΊπΈ The United States has announced new tariffs against dozens of countries, categorizing trade partners into three groups with rates ranging from 10% to 41%. The highest tariffs are imposed on Syria, Myanmar, Switzerland, Iraq, Serbia, and South Africa. Former President Trump is intensifying the global trade war with this extensive tariff regime, set to take effect on August 7. For more information, visit FT.
β οΈπΊπΈ According to Bank of America, a historically weak period for US stocks begins in August, peaking in mid-September. LPL Research notes that August is one of the weakest months for US stocks, with September being the worst. Goldman Sachs adds that August has historically seen the highest outflows from mutual funds and ETFs. For more insights, visit here.
π Australia has reported its Manufacturing PMI for July at 51.3, a slight decline from the previous figure of 51.6.
βοΈπ¨π³ China's Caixin Manufacturing PMI for July has been reported at 49.5, a decline from the previous figure of 50.4. This indicates a contraction in the manufacturing sector, raising concerns about the economic outlook.
This media is not supported in your browser
VIEW IN TELEGRAM
π The Moscow Exchange Index, IMOEX, is experiencing gains during the morning session, despite looming threats of new sanctions, trade wars, and geopolitical tensions.
β οΈπΊπΈ Apple is facing a potential $2 billion in tariff costs due to Trump's trade policies by the end of September, according to Apple Insider.
Alpha
π₯πΊπΈ The United States has announced new tariffs against dozens of countries, categorizing trade partners into three groups with rates ranging from 10% to 41%. The highest tariffs are imposed on Syria, Myanmar, Switzerland, Iraq, Serbia, and South Africa. Formerβ¦
πΊπΈ In an interview with NBC News, Trump expressed readiness to negotiate new tariff deals even after August 1.
π¨ Eight OPEC+ countries will increase oil production in August by more than 500,000 barrels per day, according to a report by TASS. This decision reflects ongoing efforts to stabilize the oil market amid fluctuating global demand. For further details, visit the full article here.