Elon Musk isn’t the only one distancing himself from the companies he helms. X CEO Linda Yaccarino announced her resignation today. She didn’t give a reason for the departure. But I, for one, wouldn't be shocked to see her on the America Party ticket next election cycle. Like owner, like exec.

Finally, read to the end to discover the surprising analyst outperforming your wealth manager.

— Brooks & Cas

Most people nearing retirement wonder if they’re truly on the best path. But they don’t always feel comfortable asking for a second opinion.

That’s where Money Pickle comes in.

A simple survey can connect you with licensed fiduciary advisors who specialize in retirement income planning. These are professionals legally required to put your interests first — and their job is to review your current strategy, identify any gaps, and offer objective guidance.

In other words? No pressure, no products, no sales pitch.

Just clarity, confidence, and answers to big questions about taxes, income stability, estate planning, and more — all in a matter of minutes.

TAKE THE SURVEY HERE

$NVDA ( ▲ 1.09% ) AI kingpin Nvidia crowned as first public company with a $4 trillion valuation (AP)

$UNH ( ▼ 1.45% ) Prosecutors Question Doctors About UnitedHealth’s Medicare Billing Practices (WSJ)

$MRK ( ▼ 0.38% ) / $VRNA ( ▲ 0.05% ) Merck shells out $10 billion for Verona in bid to diversify beyond Keytruda (CNBC)

$RXST ( ▼ 1.28% ) RxSight Stock Sinks 50% as Medical Device Maker Slashes Revenue Outlook (Investopedia)

$PENG ( ▼ 0.16% ) Penguin Solutions Earns RS Rating Upgrade (IBD)

CNN: President Trump threatened up to 30% tariffs on goods from seven more countries, including Iraq and the Philippines.

CNBC: Federal Reserve officials are divided on the pace of rate cuts, but most see some on the horizon, per the June FOMC minutes.

Bloomberg: Amazon’s $AMZN ( ▲ 0.34% ) Prime Day sales dropped 41% on day one after extending the event to four days.

WSJ: Trump is weighing Kevin Hassett and Kevin Warsh to succeed Jerome Powell as Fed chair.

AP: Standard home insurance typically doesn’t cover flood damage, leaving some surprised and underinsured after the Texas storms.

Gold and silver are the only two metals that conduct electricity better than copper. But these days, it may be the latter that supercharges portfolios.

Copper prices surged yesterday after President Trump warned that a 50% tariff on the metal is coming. Copper futures proceeded to have their best performance on the Chicago Mercantile Exchange since 1989. CME prices also outpaced global prices on the London Metals Exchange by 1,400 basis points.

But Bank of America $BAC ( ▲ 1.56% ) believes the metal could catalyze further gains in the coming months — conducted through two specific stocks.

BoA analysts pointed to Freeport-McMoRan $FCX ( ▲ 1.51% ) and Southern Copper $SCCO ( ▲ 0.79% ) as two of the biggest potential winners from copper tariffs. According to the bank, both firms’ revenues are heavily reliant on CME pricing — to the tune of 36% and 40%, respectively.

Freeport shares closed today up more than 20% YTD, while Southern Copper was up over 10% on the same period. The bank believes Freeport has more room to run, with its current price target implying roughly 10% upside from today’s close.

However, despite the bullish comments, its price target for Southern Copper signals nearly 25% downside from today’s prices.

Copper is the third-most widely used industrial metal in the world, behind just steel and aluminum. The asset has been nicknamed “Doctor Copper” due to its ties to the health of the US and global economy.

When the economy is humming along, demand for copper is robust. On the other hand, copper prices have historically fallen much faster than equities in downturns. Prices collapsed by almost 70% in the latter half of 2008, for instance.

Past performance is, of course, no guarantee of future results. But with some forecasters projecting the US economy to shrink in the coming months, this old trend may be front of mind for anyone chasing copper’s new highs.

What’s the secret to staying ahead of the curve in the world of AI? Information. Luckily, you can join 1,000,000+ early adopters reading The Rundown AI — the free newsletter that makes you smarter on AI with just a 5-minute read per day.

Sign up to start learning.

Bloomberg: Apple $AAPL ( ▲ 0.95% ) plans to release an upgraded Vision Pro headset this year after sluggish consumer adoption.

AP: Elon Musk’s xAI is removing content posted by its Grok chatbot, after backlash over comments praising Hitler.

Fortune: More than 3 of 4 employers use personality and skills tests in hiring, signaling résumés may be obsolete when Gen Alpha enters the workforce.

WSJ: Trump reportedly delayed his reciprocal tariffs on advice from Treasury Secretary Bessent, who wanted more time to secure trade deals.

Forbes: Here are the richest immigrants living in America in 2025.

When I tried the same thing, it didn’t go so well.

All I got were some hallucinated earnings numbers and a -2% return.

Guess no amount of cutting-edge technology can correct for good old bad luck.

🤷

Are you bullish or bearish on the S&P 500 over the next 6 months?

▇▇▇▇▇▇ 🐂 Bullish

▇▇▇▇▇▇ 🐻 Bearish

And, in response, you said: