Classical economic theory is based on rational consumer behavior and does not suggest that emotions are sometimes a key driver of some decisions and events. But British Chancellor of the Exchequer Rachel Reeves' tears in the House of Commons last week precisely caused a nervous reaction from investors, who staged a £3 billion sell-off. Independent analyst Mikhail Zavaraev discusses what, setting aside emotions, an investor should pay attention to on the British market in the near future.

What's an investor in Britain's market to do if the finance minister cries?  

Tesla, Inc.

Microsoft Corporation

Alphabet Inc.

The first half of the year on the world financial markets broke the expectations of the overwhelming majority of its participants. The bets on the strengthening of the dollar and "American exceptionalism", which provided a large-scale inflow of money into US assets, did not work. Donald Trump has turned from a politician, who was expected to support business and the economy, into a figure who unleashed a trade war and questioned the hegemony of the dollar. The European stock market <a href="https://oninvest.com/article/iz-maga-v-mega-kak-tramp-delaet-evropu-snova-velikoj">played</a> the role of Cinderella: the battered, unloved stepdaughter turned out to be a beautiful princess. And above it all, gold shone brightly.

The half-year of records and falls in the markets is over. What is next for investors?

Meta Platforms, Inc.

Meta in June <a href="https://techcrunch.com/2025/06/13/scale-ai-confirms-significant-investment-from-meta-says-ceo-alexandr-wang-is-leaving/">paid</a> $14.3 billion for a 49% stake in Scale AI, a startup that partitions data for machine learning. That's how it was able to hire its co-founder and CEO Alexander Wang. He<a href="https://oninvest.com/article/cukerberg-sobral-gruppu-razrabotcikov-superintellekta-akcii-meta-obnovili-maksimum">headed</a> Meta's new division - Superintelligence Labs, the Superintelligence Lab - and should provide his new employer with leadership in the artificial intelligence race. Roman Mighty tells us who Alexander Wang is.

A man who knows how to make friends: Alexander Wang, creator of the $14 billion Meta superintelligence

After a <a href="https://www.businessinsider.com/stock-market-today-dow-worst-day-economic-data-consumer-sentiment-2025-2">long</a> decline at the end of winter and a collapse in April, the market has not only recovered its losses but also entered the plus side: since the beginning of the year, the S&amp;P 500 <a href="https://www.cnbc.com/quotes/.SPX">has gained</a> more than 6%. The rally with small breaks has been going on for the second month, since April this year;

Fear no more: what "red flags" investors ignore

On the US Independence Day, July 4, President Donald Trump signed the "Big Beautiful" law. Most economists criticize the document for inflating the national debt and deficit, but there are those who hope for a positive effect from it. Another subject under discussion is AI and its impact on the labor market. Several top managers have predicted millions of job losses due to the development of artificial intelligence. Is this really the case?

"Trump's 'debt bomb', AI and the 'prize' for a degree: the main thing from economists' blogs

I met Eva Mosbrugger by chance at a wine salon. My eye fell on a booklet lying on a table a couple of steps away from me. It had a picture of a beautiful historical castle with the inscription "Schloss Gobelsburg" on it, and a laconic wine label and many awards shouted: "Taste me!"

Why Schloss Gobelsburg creates wine according to the canons of two hundred years ago

Why are top soccer players bought up by the richest clubs for millions of dollars, while outstanding doctors and scientists settle for modest salaries of tens of thousands of dollars a year? The staggering fees of soccer players are explained by the high competition in world soccer, but shouldn't we compete in science in the same way, attracting the best talents from all over the world? These were the questions <a href="https://www.theguardian.com/science/political-science/2014/jan/30/why-not-treat-scientists-like-footballers">asked</a> back in 2014 by then British parliamentary candidate Daniel Zeichner (and, let's be honest, he was far from alone). And so a new frenzy seems to have begun in Silicon Valley. Tech companies are poaching each other's best AI experts for tens, and according to some reports, hundreds of millions of dollars in a frantic race to create artificial "superintelligence." The funny thing is that no one seems to know exactly what it is. But the money being offered is already quite real.

"Blood transfusion": how and why Meta "sucks" talent from the market


U.S. President Donald Trump signed the "Big Beautiful" law - it involves increased spending and an increase in the state budget deficit. At the same time, Trump said that his administration began sending out notices about the introduction of increased duties from August 1 - they will be received by countries with which the U.S. has not concluded new trade agreements. The main events from June 30 to July 4 - in our review;

Highlights of the week: 'Big Beautiful' law, letters from Trump, minister's tears

Data

The first half of 2025 has been a real seesaw for investors in small-cap stocks: ETFs investing in European and Asian small-cap stocks soared, while their U.S. counterparts often balanced near zero or went negative;

Rally outside the U.S.: small-cap ETF leaders and outsiders in the first half of 2025

ProKidney Corp.

The capitalization of biotech ProKidney, which treats kidney failure in diabetic patients, rose sixfold to $1.8 billion in a single day. The company touted the successful results of a trial of its drug, but analysts are cautious.&nbsp;

Shares of pharma company ProKidney soared 500% after the trial. Is it worth buying them?

A gauge of investor sentiment from Bloomberg Intelligence “approached manic” in June. This could portend a relative downturn in the small-cap space, however.

Why small-cap investors should be wary of 'manic' sentiment in markets

In recent years, South and Southeast Asia have attracted investors as a trove of new ideas and high-growth companies, with economies across the region undergoing rapid expansion and transformation. While investor attention often remains focused on large corporations, smaller firms in Asia are also delivering impressive growth and innovation, frequently achieving success within their respective niches. The MSCI Asia Apex Small Cap 200 index, which tracks the performance of the 200 largest and most liquid small caps in the broader MSCI AC Asia ex Japan Small Cap index, has soared 79.8% over the past three years and is up nearly 14.0% year to date. By comparison, the MSCI AC Asia Pacific index has risen 11.8% and 13.6% over the same periods, respectively.

Three small caps that reflect different aspects of Asia's growth and transformation

Beam Global

Beam Global CEO Desmond Wheatley brings more than three decades of executive experience to the table, having built and led companies ranging from startups to publicly traded firms generating $70 million in annual revenue, according to his LinkedIn <a href="https://www.linkedin.com/in/desmondwheatley/">profile</a>. “For a long time, I worked for companies that were polluting the environment. I spent a lot of time in the Middle East, working for people whose values I don't support now,” he said in an interview with Oninvest.

Head of clean tech innovator Beam Global tells Oninvest about plans and Trump effect


Small Caps

Newmont Corporation

Barrick Gold Corporation

Hecla Mining Company

One of the analysts' recommendations is to keep at least half of the portfolio allocated to precious metals in gold

Investors are looking for "new gold" and buying other precious metals. How to build a portfolio?

Apple Inc.

He was seen as a potential successor to Tim Cook and played a key role in the Apple Watch project


A key Apple executive leaves at a difficult moment. Should investors be worried?


NVIDIA Corporation

Nvidia's market capitalization reached $4 trillion for the first time during trading on July 9&nbsp;The developer of high-performance AI chips became the world's first public company whose market value&nbsp;crossed that level, <a href="https://finance.yahoo.com/news/nvidia-becomes-first-company-clinch-134313143.html">noted</a> Reuters.

Nvidia is the first in the world to reach a $4 trillion market value

Mercedes-Benz Group AG

Volkswagen AG

Bayerische Motoren Werke AG

Berlin is pushing a scheme that Brussels calls "delusional"

The EU and the US are close to an agreement on incentives for the auto industry. Which companies will benefit?

Merck & Co., Inc.

Amazon.com, Inc.

First Solar, Inc.

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

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