⁠Wall St Engine
GOOLSBEE: THIS COURT RULING MAY EXTEND OUT UNCERTAINTY; ADMINISTRATION COULD USE OTHER JUSTIFICATIONS TO IMPOSE TARIFFS
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⁠Wall St Engine
$SMR WINS US APPROVAL FOR SMALL NUCLEAR REACTOR DESIGN; US NUCLEAR REGULATORY COMMISSION APPROVS 77MW NUSCALE REACTOR
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⁠Wall St Engine
SYNOPSYS $SNPS SUSPENDS 3Q, FY GUIDANCE ON CHINA EXPORT RESTRICTIONS
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⁠Wall St Engine
AMAZON $AMZN forms new “ZeroOne” team led by Xbox co-founder J Allard to develop breakthrough consumer tech. Based in Seattle, SF, and Sunnyvale, the team is focused on smart-home and early-stage products. Comes as Amazon trims other device roles.
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⁠Wall St Engine
WHITE HOUSE LEAVITT: LAST NIGHT THE TRUMP ADMINISTRATION FACED ANOTHER EXAMPLE OF JUDICIAL OVERREACH
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WHITE HOUSE SAYS COURTS SHOULD HAVE NO ROLE IN TARIFFS; US FILED EMERGENCY MOTION FOR STAY; SUPREME COURT MUST PUT AN END TO THIS
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⁠Wall St Engine
WHITE HOUSE: THERE WILL BE NO INCREASE TO THE DEFICIT FROM THE TAX BILL
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⁠Wall St Engine
WH LEAVITT: OTHER COUNTRIES WILL CONTINUE TRADE NEGOTIATIONS BECAUSE PRESIDENT HAS OTHER TARIFF AUTHORITIES
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⁠Wall St Engine
GERMANY PLANS 10% DIGITAL TAX ON TECH GIANTS LIKE GOOGLE & $META https://t.co/PFWXZit12b
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⁠Wall St Engine
WHITE HOUSE SAYS BESSENT, GREER HAVE BEEN IN TOUCH WITH COUNTERPARTS ON TARIFFS AFTER COURT RULING
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⁠Investing visuals
$FICO is down 🔻33% past month. Meanwhile:

🔹Revenue grew 15% past quarter
🔹Has 81% gross margin and 38% FCF margin
🔹Their return on capital is 57%

BUT it's still expensive at 44x price free cash flow. https://t.co/w8yqD1NdMO
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⁠Wall St Engine
Wells Fargo $WFC has confirmed the termination of its 2015 OCC agreements. As of now, the only remaining consent order is the one from 2018 with the Federal Reserve Board.
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⁠Wall St Engine
US HOUSE SPEAKER JOHNSON: THE TAX BILL WILL REDUCE THE DEFICIT, IF YOU DO THE MATH RIGHT.
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⁠Wall St Engine
FORD $F EXECUTIVE CHAIR: IF EV PRODUCTION TAX CREDITS GO AWAY, OUR MICHIGAN BATTERY PLANT IS "IMPERILED"
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⁠Wall St Engine
US APPEALS COURT REINSTATES TRUMP TARIFFS DURING APPEAL
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⁠Wall St Engine
FEDERAL CIRCUIT COURT SAYS IT NEEDS TIME TO CONSIDER FILINGS
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⁠Wall St Engine
WH TRADE COUNSELOR NAVARRO:

YOU CAN ASSUME EVEN IF WE LOSE TARIFF CASES WE WILL DO IT ANOTHER WAY; WE WILL HEAR IN THE NEXT DAY OR TWO FROM USTR
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