Trump and the Giant Trade Terror!

Good Morning,

It has been a very busy few days for the POTUS, Trump tariffs hit NZ, NZ trade minister speaks with the U.S, The government announces changes to the Conservation Act with concessions for foreign visitors in DOC sites, Trump’s Tariff plan revealed, Trump fires lead official on Economic Data following Market Drop, Canada misses Tariff deadline, Truth Social’s Parent Company reveals Financial Performance, CSX Explores M&A Options, An IVF startup claims to be able to predict IQ from Embryos, Software maker Figma Inc. has a major surge in share value, Tesla ordered by Miami Jury to pay $243 Million to self driving car crash victims, American Eagle releases statement about Contentious Sydney Sweeney Ad Campain, details are revealed about a dispute between Prince Andrew and Harry - it’s all positively ‘bonkers’!

Let’s Jump In.

Before The Bell

Markets

• Stock Market today: Dow, S&P 500, DASDAQ tank as market confidence cracks under Trump Tariffs, weak jobs data. (Yahoo)

Earnings and Data

• Sprouts Farmers Market Inc. Just Beat Earnings Expectations: Here is what analysts think will happen next. (Wall St.)

News Summary

• Trump Tariffs imposed on NZ at 15%. (Stuff)

• NZ Trade Minister speaks to US following Tariff Hike. (Stuff)

• Foreign Visitor charges for ‘high volume’ DOC sites. (RNZ)

• Trump’s New Tariff Plan Revealed. (RNZ)

• Trump fires lead offical on economic data as tariffs cause Market Drop. (BBC)

• Canada misses Tariff Deadline, what’s next for U.S & Canada Trade? (BBC)

Deal Flow

Investments / M&A

• Truth Social’s Parent Company posts $20 Million Loss in Net Sales for Q2, Ends Quarter with $3.1 Billion in Assets. (Variety)

• CSX Explores M&A options Following Union Pacific’s $72 Billion Acquisitions. (Wall St.)

VC & Fundraising

• New IVF Startup claims that it can Predict an Embyro’s IQ (Futurism)

Equity Raises

• Software developer Figma Inc. surges 250% in Debut after $1.2 Billion IPO. (Yahoo)

Debt

• Tesla found liable in fatal Autopilot Car Crash, ordered to pay $243 Million in damages. (Herald)

Daily Picks

• American Eagle defends Sydney Sweeney ad campaign. (HuffPost)

• Punches thrown after Prince Andrew told Harry he was ‘Bonkers’ to marry Meghan. (Stuff)

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