The “Rolls Royce of America” is en route — and it’s arriving from the first-ever automotive company founded and led by a woman. Worth $650,000 though? Check out the features and decide for yourself.

Plus, the world has a new most valuable startup. Read to the end to find out which private company just claimed the title.

— Brooks & Cas

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$FSLR ( ▲ 0.35% ) / $RUN ( ▲ 2.44% ) Clean energy stocks drop as Trump's new executive order targets renewables (BI)

$SOFI ( ▲ 0.6% ) SoFi to Give Clients Access to OpenAI, SpaceX Through New Funds (Bloomberg)

$BAC ( ▼ 0.26% ) / $GS ( ▲ 0.49% ) / $JPM ( ▲ 0.45% ) HSBC downgrades JPMorgan Chase, adopts ‘a more cautious stance’ on bank stocks (CNBC)

$CC ( ▲ 9.74% ) Chemours surges to highest since March as EPA pulls plan to rewrite asbestos phaseout rule (SeekingAlpha)

$HSY ( ▼ 0.66% ) Hershey Recruits Collab-Loving Wendy’s Boss as New CEO (WSJ)

CNBC: President Trump announced a 50% tariff on copper imports and signaled upcoming 200% tariffs on pharmaceuticals.

WSJ: Copper prices hit a record high following the aforementioned news.

Reuters: Gold ETFs saw their largest inflow since 2020 in the first half of 2025, as Trump’s trade war drove investors to safe havens.

AP: Since the start of the week, Trump has sent tariff letters to 14 total countries, warning of higher rates if no trade deals are made by August 1.

IBD: Elon Musk told Tesla $TSLA ( ▲ 1.32% ) bull Dan Ives to “shut up” after Ives urged its board to address Musk’s political involvement.

The S&P just hit a new record high. But Stifel strategist Barry Bannister believes the good times won’t last.

In a recent note, Bannister projected a decline of more than 12% for the index in the second half of this year. The analyst sees a major slowdown in US core GDP on the horizon, which he forecasts will trigger a sharp correction.

As economic momentum stalls, Bannister argues that weaker real income and reduced business investment will hamper consumption and investor sentiment.

Bannister also predicted that year-over-year consumption growth will drop below 1% in the second half. He pointed out that the current overvaluation mirrors past bubbles, particularly the dot-com boom.

The broader macro environment isn’t helping. Trade tensions continue to rise, and President Trump’s policies could result in higher inflation. Trump recently extended his trade deal deadline to August 1st, adding to the uncertainty.

Federal Reserve Chair Jerome Powell noted that rate cuts have been delayed largely due to inflationary pressures from Trump’s tariffs. This combination of sticky inflation, high interest rates, and slowing growth sets the stage for the correction Bannister thinks is coming.

Amid persistent inflation and slowing growth, the analyst believes the “stagflation trade” could see a resurgence.

The silver lining? This could favor defensive sectors like consumer staples, utilities, and health-care equipment, according to Bannister.

In other words, even if the economy is poised to stagnate, that might just mean it’s time for a change of perspective.

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Reuters: US consumers grew more optimistic about their finances in June, while inflation expectations remained stable, per the New York Fed.

WSJ: America’s top Asian allies are preparing a final push to persuade Trump to ease steep tariffs.

Fortune: Trump’s trade policies may be the greatest impediment to the rate cut he wants from the Federal Reserve.

CNN: Trump and Musk’s alliance appears officially over, as Musk attacks Trump’s policies, prompting retaliation threats over contracts and subsidies.

Bloomberg: Meta $META ( ▲ 1.74% ) invested $3.5B for a nearly 3% stake in EssilorLuxottica, aiming to accelerate its AI-powered smart glasses development.

Too bad everyday investors have no way of taking advantage…

Oh wait!

Are you bullish or bearish on Constellation Brands $STZ ( ▲ 0.12% ) over the next 12 months?

▇▇▇▇▇▇ 🐂 Bullish

▇▇▇▇▇▇ 🐻 Bearish

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