📈 Stocks / Finance

Musk Recommits to Tesla Ahead of Q2 Earnings

Investor’s Business Daily

Elon Musk said he's 'back to working 7 days a week' at Tesla ahead of Q2 earnings, highlighting robotaxi and FSD progress. Analysts expect EPS to drop 25% to $0.39 on a 13% revenue decline. Shares closed at $328.49, up 38% since the Q1 call despite falling sales.

Opendoor Surges 42% After Intraday Spike Triggers Trading Halt

Yahoo Finance

Opendoor stock rose 42% Monday after peaking at +115%, triggering a Nasdaq trading halt. Retail frenzy and EMJ Capital’s bullish call pushed shares from $0.50 last month to $4.80 highs. Short interest hit 25% of float by June. Opendoor has never posted a profitable quarter.

S&P 500 and Nasdaq Hit Records Amid Strong Earnings

USA TODAY

The S&P 500 rose 0.14% to a record 6,305.60, while the Nasdaq gained 0.38% to 20,974.18. Over 85% of reporting S&P 500 firms beat estimates. Morgan Stanley forecasts S&P 500 to hit 7,200 by mid-2026 amid continued earnings momentum.

🪙 Crypto

Trump Media Buys $2B in Bitcoin to Launch Crypto Treasury

CBS News

Trump Media purchased $2B in bitcoin as part of its new treasury strategy and plans to launch crypto ETFs. CEO Devin Nunes said the move aims to ensure financial freedom and support a future utility token. Shares rose 5.6% Monday, though down 42% YTD.

🌎 Global Economy

U.S. tariffs trigger European backlash amid economic strain

CGTN

European firms warn U.S. tariffs are damaging global growth, stalling exports, and raising unemployment. Evonik’s CEO called the trade policy 'disastrous,' while UK and Portugal data show rising job losses and stalled shipments, especially in export-heavy sectors like wine and manufacturing.