📈 Stocks / Finance

JPMorgan Reaffirms Apple Rating Ahead of AI-Focused WWDC

Investing

JPMorgan reiterated its Overweight rating on Apple with a $240 target. Apple trades at $201.70 amid modest WWDC expectations and AI feature updates. App Store revenue rose 13% in May. Evercore, Goldman, and Citi also maintained bullish targets near $250.

CoreWeave Surges 19% After New Leasing Deal

Investor’s Business Daily

CoreWeave stock jumped 19% to $143.10 after signing a long-term data center leasing deal with Applied Digital. Backed by Nvidia, CoreWeave now operates 33 AI-focused centers and reported $981M in Q1 revenue, up 420% YoY. Shares are up 248% in 2025.

Trump's Steel Tariff Hike Hits Automakers, Boosts Dollar General

The Economic Times

U.S. stock futures dipped as Trump's proposed 50% steel tariff pressured automakers; Ford and GM shares fell ~4%. Dollar General surged 11% on strong Q1 earnings and raised guidance.

🪙 Crypto

Trump’s crypto push complicates GENIUS Act prospects

Blockworks

Trump wants the GENIUS Act passed by summer’s end, but rising Trump family ties to crypto are deterring Democratic support. Lawmakers may merge stablecoin and market structure bills, though chances of passing both before midterms appear slim.

🌎 Global Economy

OECD cuts global growth forecast on trade and policy risks

OECD

OECD projects global GDP growth to slow from 3.3% in 2024 to 2.9% in 2025–26, citing trade tensions, tighter financial conditions, and policy uncertainty. U.S. growth is expected to drop to 1.6% in 2025. G20 inflation is forecast to fall to 3.6% in 2025.

Finance Headlines, Translated for Humans

Every week, 1440 zooms in on one timely business or finance theme—whether it’s a sudden Fed pivot, an IPO frenzy, or the hidden economics behind AI chips—and unpacks it with crystal-clear analysis. Expect a swift read grounded in hard data: straightforward charts, context that connects the dots, and zero partisan spin. We cut through industry jargon so you gain real insight, not marketing fluff, leaving you informed, confident, and ready to talk markets like a pro—all in one concise email.

Join for free