The new duties will come into force in a week's time

Trump announced high duties on goods from dozens of countries. How did the markets react?

Apple Inc.

Apple reported record revenue of $94 billion and a 13% increase in iPhone sales, while stepping up investments in artificial intelligence. Amazon beat earnings and revenue expectations, but the stock sagged due to a weak outlook for its AWS cloud business. Figma debuted on the stock exchange with a rise of more than 250% to its offering price, demonstrating a resurgence of investor interest in new tech offerings. These and other topics are in our review of key events for the morning of August 1.

Highlights for this morning: Trump imposes new duties, Apple pleases investors and the debut of Figma


The White House imposed duties only on copper semi-finished products, leaving the main import item unrestricted

U.S. copper prices collapse to a record due to Trump's unexpected softness on duties

The US is India's largest trading partner


Trump imposes a 25% duty on imports from India starting Aug. 1


Meta Platforms, Inc.

Microsoft Corporation

UBS Group AG

Tesla, Inc.

What to expect for investors in the US stock market on July 30

Morning in New York: Fed stimulates volatility spike

AI chip startup Groq is in talks to raise $600 million at a valuation of $6 billion, double its last round in August 2024. Meta is preparing to report quarterly earnings on the back of a massive investment in supercomputing data centers and the hiring of key industry experts, including former OpenAI employees. Meanwhile, South Korea's LG Energy Solution signed a $4.3 billion contract with Tesla to supply LFP batteries for energy storage systems, strengthening its position in the US market. On these and other topics - in our review of key events by the morning of July 30.

Highlights for this morning: LG strikes deal with Tesla, US and China seek compromise on tariffs

Stellantis N.V.

Stellantis has estimated its losses due to duties in 2025 at €1.5 billion

Stellantis restored its 2025 forecast for growth. Why did the stock fall?

The year 2025 could be one of the busiest years for bond vigilantes in decades - since the beginning of the year, investors have already dictated their will to politicians in the US, UK and Japan several times. Have these "guardians" of the market become stronger, or do they have more reasons to fear?

On a short leash: How "bond vigilantes" impose their will on politicians

Intel Corporation

Deckers Outdoor Corporation

Newmont Corporation

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: news background balances quotations


For the past five years, the EU has been trying to establish relations with both the United States and China. Both attempts have failed.

Tariffs