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- Tesla plunges 8.2% amid weak earnings and subsidy concerns
Tesla plunges 8.2% amid weak earnings and subsidy concerns
5 articles I'm watching carefully
Tyler Dupont
July 25, 2025
Tyler Dupont  Good morning 👋 Here's the latest news I'm tracking today. |
📈 Stocks / Finance
Tesla plunges 8.2% amid weak earnings and subsidy concerns
Tesla stock fell 8.2% after a 12% revenue drop and warnings of ‘rough quarters’ ahead. Trump voiced support despite past threats to cut EV subsidies. Rising tariffs and fading tax credits are expected to pressure Tesla’s margins through 2025.
Intel stock gains on Q2 beat, 15% workforce cut
Intel reported Q2 revenue of $12.8B vs. $11.8B expected, but missed on EPS due to $1B in charges. Shares rose post-earnings on a strong Q3 forecast and plans to cut 15% of staff. Product sales hit $11.8B, but competition from AMD and Qualcomm continues to pressure growth.
Google Cloud surge lifts GOOGL stock amid heavy AI capex
Alphabet beat Q2 estimates with 22% EPS growth and $96.4B in revenue. Google Cloud jumped 32% YoY to $13.62B, fueled by AI workloads. Capex guidance rose to $85B for 2025, signaling aggressive AI infra bets. GOOGL stock climbed 1% as investors cheered cloud-driven momentum.
🪙 Crypto
$1B crypto liquidation hits XRP and Ethereum hardest
XRP dropped over 10% and Ethereum saw $200M in long liquidations as $1B was wiped from crypto markets. Analysts say the pullback is a correction, not a reversal, with XRP still up ~40% monthly and institutional demand supporting longer-term momentum.
🌎 Global Economy
Russia says Trump tariffs risk global economic fragmentation
Russia’s Foreign Ministry warned that U.S. tariff hikes under Trump could destabilize global trade. Spokeswoman Zakharova said the measures threaten economic fragmentation and add instability, especially amid sanctions linked to the Ukraine conflict.