Trump tariffs live updates: US-EU agreement announced. China truce extension expected:
Breaking News
President Trump and European Commission President Ursula von der Leyen, speaking after negotiations in Scotland on Sunday, announced that the US and EU had agreed to the framework of a trade deal that included a baseline tariff rate of 15% on EU goods imported into the US.
Trump called the deal “the biggest of them all”, while von der Leyen that “15% is not to be underestimated, but it is the best we could get”. Other details of the framework are still being confirmed.
Earlier on Sunday the South China Morning Post, a Hong Kong-based English-language newspaper, reported that “Beijing and Washington are expected to extend their tariff truce by another three months at trade talks in Stockholm beginning on Monday”. Yahoo Finance reports.
EdgeUp
🚙 Elon Musk confirms Tesla has signed a $16.5 billion chip contract with Samsung Electronics:
Samsung Electronics has entered into a $16.5 billion contract for supplying semiconductors to Tesla, based on a regulatory filing by the South Korean firm and Tesla CEO Elon Musk’s posts on X.
The memory chipmaker, which had not named the counterparty, mentioned in its filing that the effective start date of the contract was July 26, 2025 - receipt of orders - and its end date was Dec. 31, 2033.
However, Musk later confirmed in a reply to a post on social media platform X that Tesla was the counterparty.
He also posted: “Samsung’s giant new Texas fab will be dedicated to making Tesla’s next-generation AI6 chip. The strategic importance of this is hard to overstate. Samsung currently makes AI4. TSMC will make AI5, which just finished design, initially in Taiwan and then Arizona. CNBC reports.
🕶️ Alibaba to launch AI-powered glasses creating a Chinese rival to Meta:
Alibaba on Monday unveiled a pair of smart glasses powered by its artificial intelligence models, marking the Chinese firm’s first foray into the product category.
The e-commerce giant said the Quark AI Glasses will be launched in China by the end of 2025 with hardware powered by the firm’s Qwen large language model and its advanced AI assistant called Quark.
The Hangzhou, headquartered company is one of the leaders in China’s AI space, aggressively launching new models with capabilities that compete with Western counterparts like OpenAI. CNBC reports.
📊 Hedge funds ditch tech and buy essentials, Goldman Sachs says:
Hedge funds fled technology stocks at the fastest pace in 12 months in the latest week, just as the S&P 500 reached all-time highs, a note to Goldman Sachs’ clients and seen by Reuters said.
The S&P 500, which includes seven tech stocks in its top 10 largest constituents by market value, has surged roughly 28% since its 2025 low, while the Nasdaq Composite has jumped 38% in that time. Reuters reports.
✈️ Boeing secures order for 25 aircraft from Bangladesh:
Boeing (BA) has received an order for 25 aircraft from Bangladesh, Reuters reported Sunday, quoting the country's Commerce Secretary, Mahbubur Rahman. Rahman, speaking at a press conference, said Bangladesh had initially planned to buy 14 aircraft but increased the order to 25, according to the report. MarketScreener reports.
🎢 S&P 500 now more likely to reach 7,200 next year, according to Morgan Stanley’s Wilson:
The new highs keep coming. Futures early Monday showed the S&P 500 on course for its 15th record of 2025. Tariff deals at levels that eight months ago would have been considered economically damaging, are now welcomed by investors.
And many analysts are embracing the optimism. Mike Wilson, Morgan Stanley’s chief stock-market strategist, says he now is leaning more toward his bull case for the S&P 500, in a new note that published Monday. MarketWatch reports.
🤖 Tech up as Magnificent Seven ride again - Tech roundup:
Shares of technology companies rose as traders continued to chase gains in mega-cap artificial-intelligence companies.
The Roundhill Magnificent Seven exchange-traded fund, which tracks the performance of the seven largest U.S. tech companies, rose by more than 0.5% to test all-time highs following strong performance from Alphabet, largely AI-driven, earlier in the week.
Shares of Intel, the former dominant chip maker that lost out to Nvidia and others on the AI boom, fell sharply. In its latest effort to reinvigorate the company, Intel will cut 15% of its workforce and scrap plans to spend tens of billions of dollars on new chip facilities in Europe, as it takes steps to revive its sagging fortunes.
Facebook owner Meta Platforms said it would stop political adverts being displayed on its social networks in the European Union from October, citing an incoming law designed to tackle misinformation and foreign interference in elections. MarketScreener reports.
Trading Strategies
with Bob Iaccino, Chief Market Strategist and Co-Founder of Path Trading Partners.
How I Read the Markets: Trendlines and Trading with Precision
You’ll hear a lot of noise in the markets, but for me, trendlines help cut through it. The key is to use them properly - not as a prediction tool, but as a reference point for understanding momentum, direction, and structure.
I look for clean, clearly respected lines over time, and I make sure they match up across multiple timeframes. I’m not interested in arbitrary rules like “three touches” or exact precision. I care more about how price reacts near those lines.
And I don’t trade just because a trendline is hit. It has to line up with other technical signals or key levels. That’s how I keep my trades high probability. Markets will always move in messy ways, but good trendline work gives you clarity -and that’s what traders need most. Don't guess. Learn to read what price is showing you.
Bob
Top 5 Movers In Early Pre-Market
(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM ET) Benzinga reports.
1) $VAPE: CEA Industries
Total gain: +554.42%
2) $CELC: Celcuity
Total gain: +113.36%
3) $MCVT: Mill City Ventures III
Total gain: +63.55%
4) $TRUG: TruGolf Holdings
Total gain: +49.95%
5) $XXII: 22nd Century Group
Total gain: +23.45%
Today’s Economic Dates
Time (ET) Report Period
None scheduled
Watch & Learn
Friday’s Biggest Movers
The closing price of the top three market percent gainers trading near or above $3 on July 25.(All pricing and percent gains are based on regular market trading hours from 9:30 AM to 4:00 PM ET) * Benzinga reports.
1) $MCVT: Mill City Ventures III
Total gain: +219.45%
The stock appeared to be moving on no notable news.
2)SMX: SMX (Security Matters)
Total gain: +88.83%
The stock appeared to be moving on no notable news.
3)LHAI: Linkhome Holdings
Total gain: +79.54%
The company announced the pricing of its upsized initial public offering. The offering consists of 1,500,000 shares of common stock, priced at $4.00 per share, for total gross proceeds of $6,000,000 before deducting underwriting discounts and offering expenses.
The shares have been approved for listing on the Nasdaq Capital Market. Benzinga reports.
Refer a Friend & Earn Together
Did you know that it pays to invite your friends to TradeZero?
When they fund a new account with us, you’ll both receive $100 USD.T&Cs apply.
Today’s Notable Earnings
(Estimate and Actual numbers represent Earnings Per Share in US Dollars)
CDNS Cadence Design Systems 2Q 2025After Market Close Estimate: 1.560 Actual: N/A
BRX Brixmor Property Group 2Q 2025After Market Close Estimate: 0.350 Actual: N/A
HLIT Harmonic 2Q 2025After Market Close Estimate: 0.030 Actual: N/A
Enjoying the DailyEdge?
Recommend our 5-minute daily digest to a friend by sharing this link.
Parting Thoughts
“There's a company behind every stock, and earnings are the key to determining whether a stock's price will go up or down.”
– Peter Lynch
Sourced in: "One Up on Wall Street:”, by Peter Lynch, published in 1989.
Awarded “Best Broker for Short Selling” Benzinga Global Fintech Awards, 2020-2024
Awarded “Best Paper Trading Platform” Benzinga Global Fintech Awards, 2024
Disclaimer
TradeZero America, Inc., a United States broker dealer, registered with the Securities and Exchange Commission (SEC) and member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC); TradeZero, Inc., a Bahamian broker dealer, registered with the Securities Commission of the Bahamas; and TradeZero Canada Securities ULC, a Canadian broker dealer, member firm of the Canadian Investment Regulatory Organization (CIRO) and member of the Canadian Investor Protection Fund (CIPF) (collectively the "TradeZero Broker Dealers”) are subsidiaries of TradeZero Holding Corp.
TradeZero Broker Dealers offer self-directed electronic securities trading to their customers. TradeZero Broker Dealers do not provide financial or trading advice and do not make investment recommendations to their customers. This communication does not constitute an offer to sell or a solicitation to buy any security or instrument which it may reference. There is a risk of loss in online trading of securities including equities and options. Trading on margin is for experienced investors whereby the loss can be greater than your initial investment. Likewise, short selling as a securities trading strategy is extremely risky and can lead to potentially unlimited losses. Options trading is not suitable for all investors as it can involve risk that may expose investors to significant losses. Please read the Characteristics and Risks of Standardized Options, also known as the options disclosure (ODD) at OCC.
If you have any specific questions about TradeZero's brokerage services, please reach out to the TradeZero Broker Dealer servicing your jurisdiction.