Markets
Macro
The market had a calm week with continual growth. It brushed aside new tariff announcements and continued its trek upwards. This led Nvidia to be the first ever company to reach a market cap of $4 trillion.
Market Intel
June Employment Data
The June 2025 U.S jobs report delivered stronger-than-expected results, suggesting that key parts of the labor market are staying resilient in times of uncertainty. Employers added 147,000 jobs, far exceeding expectations of 106,000, while the unemployment rate fell to 4.1%, past the 4.3% forecast. The unemployment rate is substantially lower in compari…
Current Affairs
New Priorities for U.S Energy Following Mega-Bill
The popular mega-bill is prompting a reshuffling of industry priorities across the U.S. energy sector. The legislation adjusts long-standing tax incentives and regulatory frameworks, creating new winners and losers among renewables, hydrogen, and fossil fuels. Over time, these shifts may also have uneven effects across social an…
Texas Flash Flooding
Beginning early July 4th, while many were expecting to spend the day celebrating the nation's 249th birthday, Texas experienced torrential rainfall that ultimately led to catastrophic flooding. It’s reported that between 5 and 11 inches of rain fell in just a few hours across central Texas, causing rivers and creeks to overflow rapidly. Texas Hill Count…
Trump Appoints Interim Chief of NASA
President Trump has tapped Transportation Secretary Sean Duffy to serve as interim NASA administrator following his withdrawal of nominee Jared Isaacman. Duffy will retain his transportation role and is stepping into the new position amid a wave of proposed budget reductions and the departure of more than 2,100 senior staff.
News
More From the Week
Nvidia is the first ever company to reach a market cap of $4 trillion. Apple came close, starting the year with $3.9 trillion, but has fallen ~9% since.
Wimbledon is heating up, with both Men’s Singles Semi-Finals taking place today. It is using electronic line calling for the first time in the tournament’s history.
U.S measles cases have just hit a 33-year high.
Trump continues to threaten neighbor, Canada, with 35% tariffs effective immediately starting on August 1st.
Read the full stories and more at theweeklyyield.com.