Tesla’s shares continued to rise on Monday, extending the surge from Friday after the company announced a $16.5 billion partnership with Samsung Electronics for semiconductor chips.
According to a Bloomberg report citing defense analysts and open-source data, the U.S. is likely to have flown the new B61-12 thermonuclear bombs to the U.K. in a C-17 military aircraft earlier this month.
The economist stated that China striking a deal with the U.S. is not only essential for its relationship with the United States, but also for its other trade partners.
A wave of optimism continues to ripple through financial markets as strong corporate profits, rich equity valuations, and narrow credit spreads fuel investor confidence. But some analysts are beginning to question whether the market's recent run-up masks growing investor complacency.
The week’s economic news flow is headlined by key catalysts, including the Federal Reserve rate-setting meeting, July non-farm payrolls report, and the June personal income and spending report.
The high-level talks come just weeks before a key August deadline, with both sides signaling cautious optimism but little clarity on whether tariff relief or new agreements will follow.
Addressing reporters at the White House while leaving for Scotland, President Trump said rebate checks for people at a certain income level might be “very nice.”
The President’s comments follow the Federal Reserve's release of a statement earlier on Friday, stating that it was “grateful” for the President’s encouragement to complete its renovations.
The central bank also stated that it remains committed to being careful stewards of the resources at its disposal as it completes the renovations to its headquarters.
