August 10, 2025
News
News
A big slowdown in US services activity, Apple's Trump boost, and some big earnings beats from Palantir, Duolingo, and Shopify

A big slowdown in US services activity, Apple's Trump boost, and some big earnings beats from Palantir, Duolingo, and Shopify
Investors look past growth scares and trade tensions to send equities to new record highs
Massive earnings beats by big tech, strong US GDP growth, an uptick in inflation, and the latest round of useless jobs data from the US
Investors go risk-off amid concerning US macro data, continued trade tensions, and a US-Russia escalation
New US trade deals with the EU and Japan, steady interest rates, and diverging earnings reports from Alphabet and Tesla
The US overtakes Europe, Japan and China continue to rally, and the dollar continues to slide