📈 Stocks / Finance

JPMorgan Backs Amazon's Logistics-Fueled Rally

Yahoo Finance

JPMorgan named Amazon its 'best idea,' citing logistics regionalization, robotics, and LaaS as key margin drivers. With a $240 PT, Amazon shows 20% upside. Q1 AWS and ad revenues rose 17% and 19%. Shares are up 14% in June, outpacing the S&P 500.

S&P 500 nears record despite trade and geopolitical risks

CNBC

The S&P 500 is just 0.85% below a new high after rebounding nearly 20% since April, driven by AI strength, easing trade tensions, and resilient earnings. Nasdaq 100 has already hit a record. Q2 S&P 500 earnings rose 4.9%, marking eight straight quarters of growth.

Shake Shack Surges After Analyst Upgrades

Investopedia

Shake Shack shares are up nearly 6% YTD after a 3.5% post-Juneteenth gain and bullish analyst notes. Barclays set a $166 target, Oppenheimer $160. SHAK is +77% since April, beating peers. New leadership and expansion plans are boosting confidence.

🪙 Crypto

Bastion exec sees stablecoins bridging finance-crypto gap

CFO Dive

Bastion's Vince Tejada predicts stablecoins will gain mass adoption once regulatory clarity improves, calling them a new “payment rail.” He cites cross-border efficiency, treasury use cases, and recent moves by firms like PayPal and EY as signs of growing institutional interest.

🌎 Global Economy

US Tariffs Accelerate Global Trade Realignment

Pinsent Masons

Unpredictable US tariff policy is driving global trade fragmentation. The UK, EU, and India are fast-tracking agreements to reduce US reliance, while court rulings challenge Trump-era tariffs' legality. A rules-based order is gaining traction as an alternative economic anchor.