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🔔 The Opening Bell |
Good morning—Happy July 4th. Today, we have a shorter edition, but don’t miss tomorrow’s full guide to alternative investing in 2025. |
Markets closed strong: Nvidia hit $3.89T, just behind Apple. But next week brings earnings, inflation data, jobs reports, and Trump’s tariff deadline—any one of them could jolt the rally. |
And in China, Pop Mart plunged 12% after state media took aim at “dopamine investing” in toys and trading cards. |
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😏 Reddit’s Most Talked-About Stocks This Week |
If you had to guess the top 5 stocks that Reddit’s talking about right now, which ones would they be? |
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We’ll give you #2 and #4: $GME ( ▼ 1.5% ) and $RDDT ( ▼ 1.45% ) . |
AltIndex shows that 4 out of 5 of these are dropping in price—but that #3 is rising. |
Think you know what they are? Or tired of thinking about it? |
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📰 Market Headlines |
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Wall Street rallied in Thursday's shortened trading session, with the S&P 500 and Nasdaq closing at record highs. |
The Dow jumped 0.8% along with the S&P 500, and the Nasdaq climbed 1%. Nvidia shares record close vaulted the company to a $3.89 trillion market cap, just shy of overtaking Apple as the most valuable company in history.
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💥 Pop Mart fell 12.1% after China’s People’s Daily criticized the “blind-box economy” in the name of protecting children. Some Labubu dolls have resold for over $170,000 on the secondary market. Why China’s cracking down, and how fans defend Pop Mart → |
✈️ Airlines hit turbulence before the holiday. United and JetBlue urged the DOT to dismiss Spirit Airlines’ complaint over their “Blue Sky” pact. Meanwhile, a French air traffic controller strike canceled 1,500+ flights in Europe. |
🧾 Earnings and economic data are piling up next week:
Levi’s, Delta, and WD-40 report. Consumer credit, wholesale inventories, and FOMC minutes drop. Trump’s tariff pause ends Wednesday—here’s what could happen → |
🏛️ The “Big, Beautiful Bill” passed the House again after overnight drama. Hakeem Jeffries spoke for 8+ hours, but Republicans flipped just in time for Trump’s July 4 deadline. Inside the 11th-hour vote flip—and what’s next → |
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😱 Fear and Greed Index |
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🧠 Make yourself heard |
Would you ever invest in collectibles like blind-box toys or trading cards? |
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🔍 Big Signals: What Smart Investors Are Watching This Week |
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Bitcoin ETF leapfrogs the pack. BlackRock’s Bitcoin ETF just became its 3rd biggest revenue-generator—after only 18 months. See the record it just broke by 5x → Figma’s IPO is packed with power plays
Figma’s S-1 just dropped—and it’s calling out AI as a risk. Plus, the founder holds Meta-level voting control. Breakdown here → Q2 layoffs just hit a post-2020 record
US layoffs remain elevated, with 744K job cuts so far this year. See the yearly comparison →
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📗 Recommended Reading |
Do you like newsletters? We do. |
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We put together a list of newsletters that our readers tend to enjoy, covering topics like: |
💸 Finance
🤖 AI
💰 Wealth building
❤ Health
✅ And more. |
Check them out to add more high-value reading to your daily routine. |
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🎤 What you said last time |
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“Tariffs should only be used on materials we don't want (lead, PFAs, etc.) or on individual firms as a punishment for breaking laws or significant negative externalities for US consumers (fast fashion comes to mind).” |
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📢 We want to hear from you |
We love hearing from you, and we deeply appreciate your feedback. |
⭐️ What did you think of today's edition? |
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📺 What to watch today |
 | Hundreds Evacuated From Crete As Wildfires Take Hold |
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That’s all for today. Did I miss anything? Smash the reply button to let me know. | Cheers,
Brandon with Stefan & Wyatt |
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