Tuesday, July 8, 2025

Colin Brooks

Nippon Steel Eyes Comeback as World’s No.1 with Massive U.S. Push

Nippon Steel aims to boost crude steel production by 60% through U.S. Steel acquisition and significant investments in technology.

Tesla Sales Keep Slipping, But Stock Still Jumps Nearly 5%

Tesla's vehicle sales fell 13.5% year-on-year in Q2, with deliveries below market expectations, but stock surged nearly 5%.

Trump Rules Out Tariff Extension, Warns Japan Could Face 35% Rates

Trump announces no extension on tariff suspension, warns Japan tariffs could rise to 30-35% amid uncertain trade negotiations.

Trump’s Trade Tactics: Letters to All Nations on Tariffs

Trump plans to end the grace period for tariffs, sending letters outlining trade deficits and imposing tariffs on imports.

Nvidia Stock Pops Past $150, Beating Microsoft in Market Value

Nvidia's stock rose to 152.36 USD amid concerns over export restrictions to China, surpassing Microsoft’s market cap.

Lucid Motors Buys Nikola’s Factory—And Hires 300 Staff Overnight

Lucid Motors will acquire Nikola's Arizona facilities, hiring 300 former employees, as Nikola faces bankruptcy after financial troubles.

Trump Pushes Back on Japan’s $7B Steel Deal—Stock Tanks 16%

Trump opposes the sale of U.S. Steel to Japanese investors, emphasizing national security and reviewing the acquisition's risks.

Trump Gives TikTok 75 More Days as Sale Talks Stall

Trump extends TikTok sale deadline by 75 days to allow negotiations amid U.S.-China trade tensions and national security concerns.

White House Clarifies: South Korea’s Reciprocal Tariff Set at 25%, Not 26%

The U.S. confirmed a 25% tariff on South Korean imports, correcting an earlier discrepancy of 26% after diplomatic clarification.

Elon Musk May Leave Trump’s Admin, and Tesla Investors Love It

Trump celebrates "Liberation Day" as Tesla shares rise amid speculation of Musk's resignation from government role, despite delivery declines.

Tariff Rush: U.S. Auto Sales Surge as Buyers Race to Beat Price Hikes

U.S. auto sales surged in March as consumers rushed to buy cars before a 25% tariff took effect, leading to price concerns.

Tesla’s Troubles: Musk Admits Leadership of DOGE is Impacting Stock

Musk admits his government role has harmed Tesla's stock, which has dropped significantly amid challenges and external pressures.