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- Apple lifts S&P 500 as earnings beat and tariffs loom
Apple lifts S&P 500 as earnings beat and tariffs loom
5 articles I'm watching carefully
Tyler Dupont
August 07, 2025
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Tyler Dupont  Good morning 👋 Here's the latest news I'm tracking today. |
📈 Stocks / Finance
Apple lifts S&P 500 as earnings beat and tariffs loom
The S&P 500 rose 0.73%, led by a 5% jump in Apple after it pledged $100B in new U.S. investment. 81% of reporting S&P 500 firms have beaten earnings estimates. However, rising U.S. tariffs on India and muted investor reaction to earnings suggest caution ahead.
Shopify stock jumps 21% on Q2 earnings, global growth
Shopify stock soared 21% after Q2 revenue rose 31% to $2.68B, beating estimates. Gross profit rose 24% to $1.3B. Growth was driven by international GMV and enterprise clients like Starbucks. Q3 guidance topped forecasts, with 20%+ revenue growth expected through 2025.
Disney shares fall despite profit beat as TV declines weigh
Disney stock dropped 2.7% after its Q3 report showed linear TV revenue down 15% and weak forward guidance. Parks and streaming improved, with EPS at $1.61 vs. $1.46 expected, but investors questioned growth sustainability amid flat attendance and ESPN's costly content deals.
🪙 Crypto
SEC and CFTC coordinate rapid crypto regulatory overhaul
The SEC and CFTC launched coordinated initiatives aligning with the President’s crypto vision. The SEC’s Project Crypto clarifies staking rules, while the CFTC's sprint allows spot crypto trading on futures exchanges. Industry leaders praised the shift toward regulatory clarity.
🌎 Global Economy
Trump's Russia tariffs risk new global trade and inflation shocks
Trump’s proposed 100% secondary tariffs on nations trading with Russia could disrupt global supply chains, drive up energy prices, and reignite inflation. India has already been hit, with China, the EU, and Turkey potentially next, raising risks to trade flows and consumer costs worldwide.
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