📅 Market & Crypto Brief – July 29, 2025: Google Surges, BTC Nears $70K, Fed Watch Begins
Reddit vs Snap, Pinterest, Twitter
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.
🏦 U.S. Stock Market Snapshot
| Index | Close | Move |
|---|---|---|
| S&P 500 | 6,302 | ▲ +0.28% |
| Nasdaq | 20,140 | ▲ +0.47% |
| Dow Jones | 40,145 | ▲ +0.19% |
Strong earnings from Alphabet and cautious optimism ahead of the Fed meeting lifted sentiment.
📈 Top Gainers Today
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Google (GOOGL) ↑ +6.2% after Q2 earnings beat
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Krispy Kreme (DNUT) ↑ +9.4% on meme stock buzz
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Palantir (PLTR) ↑ +4.9% on AI defense contract rumors
🪙 Crypto Market at a Glance
| Coin | Price | 24h Change |
|---|---|---|
| Bitcoin | $68,900 | ▲ +1.8% |
| Ethereum | $3,560 | ▲ +1.2% |
| Solana | $178 | ▲ +2.9% |
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BTC ETF inflows top $580M this week
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Google Trends: “Buy Bitcoin now” up 41%
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Crypto stocks (MARA, COIN) saw light gains
🚗 Tesla’s 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
🧾 Reddit IPO Buzz
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New S-1 draft filed
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Target valuation: $10–11B
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Could list as early as Q4 2025
🏦 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
