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Astronomer CEO Andy Byron resigned following a viral "Kiss Cam" incident at a Coldplay concert, where he was seen embracing Chief People Officer Kristin Cabot. The company's board has begun a search for a new CEO, with co-founder Pete DeJoy serving as interim leader. Astronomer emphasized its commitment to maintaining a culture of accountability and integrity amidst the scandal.

Chevron has finalized its $53 billion acquisition of Hess following a significant arbitration victory against Exxon Mobil. The deal grants Chevron access to the massive Stabroek Block offshore Guyana, one of the largest oil discoveries in decades. This move enhances Chevron’s portfolio, bolstering its future growth. Exxon Mobil had contested the acquisition, citing preemption rights, but the ruling favored Chevron, marking a critical milestone for its strategic expansion.

U.S. stock futures rose on Friday, fueled by strong economic data, including a rebound in retail sales and easing jobless claims, signaling resilience in the economy. Investors await earnings reports from American Express and Charles Schwab, while Treasury yields remained steady. The S&P 500 and Nasdaq achieved record closes on Thursday, driven by gains in technology and consumer staples sectors, despite pressure on health care and real estate stocks. Analysts expect moderate earnings growth this quarter as companies navigate tariff-related challenges.

Retail sales in the U.S. increased by 0.6% in June, surpassing economists' expectations, after a sharp 0.9% decline in May. Categories such as auto sales and restaurants led the gains, reflecting consumer resilience despite rising tariffs and inflation. Excluding volatile categories, sales rose 0.5%, indicating steady spending habits. Inflation concerns persist, but low unemployment and strong discretionary spending suggest economic stability.

PepsiCo exceeded Wall Street expectations for Q2 earnings, reporting a 1% rise in revenue to $22.73 billion despite weaker demand in North America. U.S. snack and beverage volumes fell, but international markets showed growth. The company is focusing on expanding its healthier and multicultural product lines to boost domestic sales. PepsiCo reaffirmed its full-year guidance, expecting a smaller decline in core earnings due to easing foreign exchange pressures.

Stock futures showed minimal movement early Thursday as investors processed earnings reports from Netflix, PepsiCo, and TSMC while monitoring Federal Reserve developments. President Trump's criticisms of Fed Chair Jerome Powell and mixed economic signals, including June's retail sales data, added to market uncertainty. Meanwhile, TSMC's strong performance lifted chip stocks, and Netflix's upcoming earnings report kept tech investors on edge.

June's Producer Price Index (PPI) remained flat, defying expectations of a 0.2% rise, while annual wholesale inflation slowed to 2.3%. Despite tariffs increasing costs for goods, a drop in service prices, particularly in travel and leisure, balanced the index. Economists noted the mixed impact of tariffs, with some industries absorbing costs and others raising prices. This data, coupled with consumer inflation trends, presents a complex economic outlook as businesses and policymakers navigate the effects of trade policies.

U.S. stock futures traded mixed as June's inflation data revealed an uptick, with CPI rising 2.7% year-over-year. Nasdaq surged to a new record high, driven by Nvidia and chipmakers, while the Dow and S&P 500 experienced declines. President Trump's tariffs and trade policies continued to cloud market outlooks, with analysts noting their impact on inflation. Meanwhile, investors focus on upcoming earnings reports from Goldman Sachs, Morgan Stanley, and Bank of America, alongside the release of producer price data for further economic insights.

President Trump’s recent criticism and pressure on Federal Reserve Chair Jerome Powell have stirred debates about the independence of the Fed. With Trump’s team exploring potential replacements, concerns arise over the impact on monetary policy and market stability. Despite Trump’s dissatisfaction, Powell remains committed to his term, which ends in 2026, while Wall Street adjusts to the evolving dynamics amid record-high stock levels and tariff policies.

Stock futures saw gains Tuesday, led by the tech-heavy Nasdaq and S&P 500, as Nvidia shares surged 5% on news of resumed AI chip sales in China. Investors await the June Consumer Price Index data, forecasting a slight acceleration in inflation, and quarterly earnings from major banks like JPMorgan and Citigroup. The Federal Reserve's interest rate decisions remain in focus amidst economic and trade developments.

President Donald Trump has declared a 30% tariff on goods imported from Mexico and the European Union, effective August 1. Citing trade deficits and national security concerns, Trump criticized Mexico for insufficient efforts in combating drug cartels and the EU for trade imbalances. EU President Ursula von der Leyen warned of economic disruptions and potential countermeasures. The tariffs are part of a broader escalation in trade policies, with implications for global markets and investor sentiment.

President Donald Trump announced a 30% tariff on imports from the European Union and Mexico, effective August 1. This move follows unsuccessful trade negotiations and escalates the ongoing global trade war. The EU expressed readiness to negotiate but warned of potential countermeasures to protect its interests. Trump cited long-standing trade imbalances and non-tariff barriers as reasons for the tariffs, which are expected to disrupt transatlantic supply chains significantly.

President Donald Trump has announced a potential 35% tariff on Canadian imports starting August 1, escalating trade tensions with one of the U.S.’s largest trading partners. Trump also floated the idea of 15%-20% blanket tariffs on other trading partners. While citing issues like trade imbalances and non-tariff barriers, Trump’s actions have sparked concerns about potential retaliatory measures from Canada, which imports $349 billion worth of U.S. goods annually. This development adds uncertainty to the global trade landscape, with impacts expected across multiple industries.

Nvidia has achieved a historic milestone, becoming the first AI chipmaker to surpass a $4 trillion market capitalization. This landmark was reached amidst a tech-driven rally that boosted major U.S. stock indices, including the Nasdaq Composite and S&P 500. Meanwhile, President Trump's tariff threats and Federal Reserve meeting minutes added complexity to market dynamics, with investors closely monitoring trade developments and economic policies.

WK Kellogg, the maker of popular cereal brands like Froot Loops and Frosted Flakes, saw its shares jump 50% following reports of a $3 billion acquisition by Ferrero, the Italian confectionery giant. The deal, which could be finalized soon, would mark Ferrero's largest U.S. acquisition, adding household cereal brands like Raisin Bran and Apple Jacks to its portfolio. This move comes amid significant restructuring in the snack industry, including Kellogg's split into WK Kellogg and Kellanova.