TL;DR
Markets opened the week on a high note as Google earnings beat, Bitcoin neared $70K, and investors braced for a key Fed update due Wednesday. Tesla and Reddit also made headlines.
π¦ U.S. Stock Market Snapshot
Index | Close | Move |
---|---|---|
S&P 500 | 6,302 | β² +0.28% |
Nasdaq | 20,140 | β² +0.47% |
Dow Jones | 40,145 | β² +0.19% |
Strong earnings from Alphabet and cautious optimism ahead of the Fed meeting lifted sentiment.
π Top Gainers Today
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Google (GOOGL) β +6.2% after Q2 earnings beat
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Krispy Kreme (DNUT) β +9.4% on meme stock buzz
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Palantir (PLTR) β +4.9% on AI defense contract rumors
Bitcoin
πͺ Crypto Market at a Glance
Coin | Price | 24h Change |
---|---|---|
Bitcoin | $68,900 | β² +1.8% |
Ethereum | $3,560 | β² +1.2% |
Solana | $178 | β² +2.9% |
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BTC ETF inflows top $580M this week
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Google Trends: βBuy Bitcoin nowβ up 41%
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Crypto stocks (MARA, COIN) saw light gains
π Teslaβs Robotaxi Countdown Begins
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August 8: Tesla to reveal steering-less Robotaxi
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Backed by $16.5B Samsung chip deal
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TSLA up +4.7% as AI momentum continues
π§Ύ Reddit IPO Buzz
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New S-1 draft filed
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Target valuation: $10β11B
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Could list as early as Q4 2025
π¦ Fed Watch: All Eyes on Powell
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Fed decision due Wednesday, July 31
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No rate hike expected, but forward guidance on inflation eyed
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Market pricing in 67% odds of rate cuts by December