📈 Stocks / Finance

Bezos Sells $666M in Amazon Shares

CNBC

Jeff Bezos sold 2.96M Amazon shares worth $665.8M in July, per SEC filings. The sale is part of a plan to offload 25M shares by May 2026. He sold $736.7M in late June and still holds over 900M shares valued near $200B. Bezos remains Amazon’s largest shareholder and chairman.

Tesla Slides as Technicals and Policy Headwinds Mount

Yahoo Finance

Tesla remains below key moving averages after a failed June rally. Shares dropped 6.79% Monday amid renewed Trump–Musk clashes and the end of EV tax credits. Q2 deliveries fell 13.5% YoY, EPS forecasts plunged >70% since 2022, and Tesla trades at 152x forward P/E.

Oracle Nears Record as Jefferies Sets Street-High Target

Investopedia

Oracle shares rose 2% to ~$238 Tuesday, nearing a record close and marking a 43% YTD gain. Jefferies raised its target to $270, citing a $30B annual cloud deal possibly linked to OpenAI. Stifel also lifted its target to $250 on accelerating cloud growth.

🪙 Crypto

Trump Media Files for Multi-Crypto ETF

Yahoo Finance

Trump Media filed with the SEC to launch a “Crypto Blue Chip ETF” holding 70% bitcoin, 15% ethereum, 8% solana, 5% XRP, and 2% CRO. Crypto.com will act as custodian. The SEC recently eased crypto ETF rules under Trump’s pro-crypto agenda.

🌎 Global Economy

Trump Revives Tariffs With Higher Stakes and Global Pushback

Atlanta Journal-Constitution

Trump plans tariffs of 25–70% on 14 countries, defying past market turmoil. Letters replace trade talks, risking economic fallout. Markets are calm, but economists warn of long-term damage. Treasury expects $300B in 2025 tariff revenue.