Morning Brief
Alphabet jumps on AI, Tesla sinks, Trump warns on tariffs
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Show notes
US stocks are mixed as Alphabet (GOOGL) jumps on strong AI-fueled earnings and an $85 billion capital expenditures plan, while Tesla (TSLA) slumps after warning of a tough road ahead and slower EV sales. President Trump says reciprocal tariffs won’t fall below 15% and could go as high as 50% for some countries. Chipotle (CMG), UnitedHealth (UNH), and Dow (DOW) are also in focus, with UnitedHealth confirming a DOJ probe and Dow cutting its dividend.
Takeaways:
Alphabet surges on AI growth, $85B spending plan
Tesla warns of rough quarters ahead as sales slow
Trump signals 15-50% tariffs as August deadline nears
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