Unexpectedly rapid growth in the Chinese economy in the second quarter was a rare positive story in a pessimistic year for the luxury industry. However, China's strong GDP data does not cancel out the structural risks holding back consumption in a country that accounts for a quarter of global luxury sales.

China's economy outperformed forecasts in Q2. Why is this good for the luxury market?

Tesla, Inc.

The Boeing Company

Wells Fargo & Company

Daily review and forecast of events on the U.S. stock market from Mikhail Denislamov, Deputy Director of Freedom Capital Markets Research.

Morning in New York: focus on the start of the reporting season and the consumer price index


NVIDIA Corporation

This is also good news for Chinese equities

Nvidia to resume sales of powerful AI chips to China after Trump's softening of stance

Alphabet Inc.

The Trade Desk, Inc.

The EU has approved a second list of potential retaliatory measures against the United States - duties on U.S. goods worth €72 billion, including Boeing airplanes, cars, bourbon, agricultural products and medical equipment. This is in response to Donald Trump's announced duties against the EU. At the same time, startup Cognition acquired Windsurf, whose team had previously partially moved to Google amid a growing "war for AI talent". In addition, Trade Desk entered the S&amp;P 500 index, taking the place of Ansys and causing its shares to rise 14%. About these and other topics - in our review of key events by the morning of July 15.

Deutsche Bank: markets are underestimating the risk of Powell's departure. What could be the consequences?

US President Donald Trump warned on July 14 that he would go for sanctions against Russia in 50 days if there is no progress in the Ukrainian settlement. In this case, secondary duties of 100 percent will be imposed, he said during a meeting with NATO Secretary General Mark Rutte.&nbsp;

Trump threatened Russia with secondary duties of 100%. Oil futures fell

Tesla has postponed its annual shareholder meeting to an unprecedentedly late date this year

Tesla shareholders will be asked to vote on xAI investment. Should we be alarmed?

Daily review and forecast of events on the US stock market from&nbsp;Mikhail Denislamov, Deputy Director of Freedom Capital Markets Research.

Morning in New York: White House rhetoric on the side of the "bears"

Donald Trump's actions on the international stage, both economically and politically, have earned him the offensive definition of Trump Always Chickens Out (TACO), which can be translated as "Trump always backs down." But now that markets have begun to view his actions through the TACO lens and ignore his threats, he may become more aggressive.

TACO and wrestling: how investors perceive Trump's actions

The value of bitcoin set a new record.&nbsp;The European Union is intensifying contacts with Canada, Japan and other countries affected by the U.S. trade policy, and is preparing retaliatory measures. The Bank of Japan, in turn, has completed a nearly 20-year program to sell off shares bought during the crisis years from national banks. About these and other topics - in our review of key events for the morning of July 14.

Ilon Musk's political roulette: how he can build his party

Meta Platforms, Inc.

Ilon Musk has announced the formation of a political party, can he succeed where dozens of politicians before him have failed? What U.S. President Donald Trump's Big Beautiful Law initiative could be a step toward unconditional basic income? Why are tech giants building data centers on borrowed time? And finally, why have the number of parties and celebrations declined over the past 20 years? The most interesting things in economists' blogs - in our review.