'Markets are off to a strong start this week;
with stock futures rising, major cryptocurrencies gaining ground, and key earnings on the way from big tech names like Tesla and Google. While some companies are feeling the pressure from tariffs, others are benefiting from new legislation and investor interest.
Here’s a clear breakdown of what’s happening;
- Stock futures are up as investors prepare for a busy earnings week.
- Bitcoin and other cryptos are rising after new U.S. laws were signed.
- Tesla and Google are leading this week’s tech earnings lineup.
- Stellantis stock is falling after reporting a first-half loss.
- The U.S. confirms Aug. 1 as the firm start date for new tariffs.
Stock futures rise as investors await earnings and tariff updates
Stock futures moved higher in early trading, with the Nasdaq climbing 0.3% after reaching five straight record highs last week. The S&P 500 and Dow Jones are also up slightly as investors focus on upcoming earnings and possible updates on trade tariffs. Meanwhile, the 10-year Treasury yield dipped to 4.37%, gold prices ticked up, and oil futures are down a bit.
Bitcoin and crypto prices increase after new U.S. law signed
Bitcoin is trading above $118,500 after President Trump signed the GENIUS Act, which sets rules for companies to issue stablecoins. Ether is also up nearly 1%, trading over $3,700. This has boosted shares of crypto-focused companies like MicroStrategy, Coinbase, and Riot Platforms in early trading.
Tesla and Google gear up to report earnings this week
Tesla shares are slightly up as the company prepares to report its earnings this Wednesday. Google’s parent company Alphabet and chipmaker Intel are also expected to share their results soon. Other major names like Coca-Cola, GM, and HCA Healthcare will report earnings later this week too, making it a busy time for investors.
Stellantis shares drop after reporting a loss for first half of year
Car maker Stellantis saw its stock fall 2% after reporting a net loss for the first half of 2025. The company pointed to tariff costs, restructuring efforts, and lower sales as the main reasons. Earlier this year, Stellantis suspended its full-year forecast due to ongoing uncertainty around tariffs.
U.S. confirms August 1 tariff deadline is final
Commerce Secretary Howard Lutnick said the Aug. 1 deadline for new tariffs is firm. Even though talks are still ongoing with the EU, Lutnick confirmed that the 30% tariffs will start on that date. “Countries can still talk with us after August 1, but the tariffs begin then,” he told CBS News.
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