Markets Wrap: Iseq in the red as US stocks dip amid reports Trump will fire Fed chair Powell
businesspost.ie/markets/markets-wrap-iseq-in-the-red-as-us-stocks-dip-amid-reports-trump-will-fire-fed-chair-powell/
Paid articlePaywallWall street opens higher on big bank results
businesspost.ie/article/wall-street-opens-higher-on-big-bank-results/
Paid articlePaywallKey FactsCathie Wood Boosts Tesla Holdings Before Earnings
8 hours ago · Reading time: ~30 sec.
Summary created with AI assistance · Source: investors.com
Summary created with AI assistance · Source: investors.com
- Cathie Wood’s ARK Innovation and Next Gen Internet ETFs purchased a combined 115,380 Tesla shares on Tuesday.
- Tesla stock has formed a new base but faces resistance at the 50-day and 200-day moving averages.
- Analysts forecast a 23% drop in quarterly earnings and a 14% decline in sales for Q2.
- Tesla’s annual shareholder meeting is scheduled for November 6, 2025.
AlphaValue cuts share price target for ASML
businesspost.ie/article/alphavalue-cuts-share-price-target-for-asml/
Key FactsASML Flags 2026 Growth Risks Amid Tariff Uncertainty
13 hours ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: reuters.com
Summary created with AI assistance · Source: reuters.com
- ASML reported second-quarter bookings of €5.54 billion, exceeding estimates by 25%.
- Potential 30% US tariffs could raise the price of advanced machines from €250 million to €325 million.
- Uncertainty over tariffs is causing US chipmakers to delay investment decisions, threatening ASML’s 2026 growth.
- Chinese sales remained steady at 27%, defying earlier forecasts of a decline.
Clarity is what customers are looking for before they can really finalize their views as to what they're going to do.— CFO Roger Dassen during a media call regarding tariff uncertainties.
UK inflation unexpectedly hits highest level since 2024
businesspost.ie/markets/uk-inflation-unexpectedly-hits-highest-level-since-2024/
Paid articlePaywallKey FactsRising Tariffs Push US Inflation Higher
14 hours ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: reuters.com
Summary created with AI assistance · Source: reuters.com
- US consumer prices accelerated in June with a 0.3% monthly increase, signaling inflation gaining momentum.
- Price hikes in imported goods such as audio and home furnishings reflect the impact of recently raised tariffs.
- The Federal Reserve is cautious about cutting interest rates amid uncertainty over the full effects of tariffs on the economy.
- Analysts highlight that tariffs may hinder growth and employment while keeping inflation above the Fed’s 2% target.
The impact of tariffs may be lessened somewhat by an ability for firms to decrease profit margins and for consumers to continue spending, despite higher prices.— Susan Collins, President of the Federal Reserve Bank of Boston, in a speech in Washington.
Who is Nik Jhangiani, the new interim CEO of Diageo?
businesspost.ie/markets/who-is-nik-jhangiani-the-new-interim-ceo-of-diageo/
Paid articlePaywallIndonesia to be hit with 19% tariffs as it reaches trade deal with US
businesspost.ie/article/indonesia-to-be-hit-with-19-tariffs-as-it-reaches-trade-deal-with-us/
Paid articlePaywallKey FactsUS Tariffs Rise; EU Prepares Major Retaliation
17 hours ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: reuters.com
Summary created with AI assistance · Source: reuters.com
- The US introduced a 19% tariff on Indonesian products to address a nearly $18 billion trade deficit recorded last year.
- Additional tariff notifications for smaller trade partners are expected soon as the August 1 deadline for increased duties approaches.
- The European Union is preparing retaliatory tariffs on $84 billion worth of US goods if trade talks with Washington fail.
- While aiming for swift trade deals, the US has secured only a few preliminary agreements, including with the UK and Vietnam.
They are going to pay 19% and we are going to pay nothing ... we will have full access into Indonesia, and we have a couple of those deals that are going to be announced.— Donald Trump, speaking outside the Oval Office.
Goldman Sachs breaks Wall Street record with $4.3bn stock trading haul
businesspost.ie/markets/goldman-sachs-breaks-wall-street-record-with-4-3bn-stock-trading-haul/
Paid articlePaywallRenault shares tank as guidance is cut following chief executive appointment
businesspost.ie/article/renault-shares-tank-as-guidance-is-cut-following-chief-executive-appointment/
Paid articlePaywallAer Lingus parent IAG says it will invest in Portuguese carrier Tap if it wins stake
businesspost.ie/markets/aer-lingus-parent-iag-says-it-will-invest-in-portuguese-carrier-tap-if-it-wins-stake/
Paid articlePaywallPlanning for Budget 2026 ‘problematic’ in light of tariff uncertainty, taoiseach says
businesspost.ie/politics/planning-for-budget-2026-problematic-in-light-of-tariff-uncertainty-taoiseach-says/
Paid articlePaywall‘So untoward’: Barne Estate owner tells High Court of shock at John Magnier’s €50k cash envelopes
businesspost.ie/legal/so-untoward-barne-estate-owner-tells-high-court-of-shock-at-john-magniers-e50k-cash-envelopes/
Paid articlePaywallFord recalls nearly 700,000 vehicles in US
businesspost.ie/article/ford-recalls-nearly-700000-vehicles-in-us/
Paid articlePaywallRyanair rejects invoice counter-claim by firm at centre of legal row over de-icing machines
‘Clear’ pharma firms value EU access, Harris says after meeting US execs
businesspost.ie/politics/clear-pharma-firms-value-eu-access-harris-says-after-meeting-us-execs/
Paid articlePaywallJohn Maguire on Film: Laughs aplenty in this tale of middle-aged, male and mortifying Friendship
businesspost.ie/life-luxury/john-maguire-on-film-laughs-aplenty-in-this-tale-of-middle-aged-male-and-mortifying-friendship/
Paid articlePaywall‘Motivation can’t be bought on Amazon’ - Interior designer Brian Woulfe’s golden money rules
businesspost.ie/life-luxury/motivation-cant-be-bought-on-amazon-interior-designer-brian-woulfes-golden-money-rules/
Paid articlePaywallFTSE trades lower on news of unexpected rise in inflation
businesspost.ie/article/ftse-trades-lower-on-news-of-unexpected-rise-in-inflation/
Paid articlePaywallBarclays fined £42m for financial crime risk management lapses
businesspost.ie/article/barclays-fined-42m-for-financial-crime-risk-management-lapses/
Paid articlePaywallPowerscourt Distillery returns to receivership as examinership bid withdrawn
businesspost.ie/article/powerscourt-distillery-returns-to-receivership-as-examinership-bid-withdrawn/
Paid articlePaywallIseq ends Wednesday trading, with Kenmare Resources leading 1% drop
businesspost.ie/article/iseq-ends-wednesday-trading-with-kenmare-resources-leading-1-drop/
Paid articlePaywallAirbus partners with Kratos Defense to supply combat drones to Germany
businesspost.ie/article/airbus-partners-with-kratos-defense-to-supply-combat-drones-to-germany/
Paid articlePaywallEU unveils €2 trillion budget including new levy on large firms
businesspost.ie/politics/eu-unveils-e2-trillion-budget-including-new-levy-on-large-firms/
Paid articlePaywallUK lifts ban on Pakistani airlines after five years
businesspost.ie/article/uk-lifts-ban-on-pakistani-airlines-after-five-years/
Paid articlePaywallSecond quarter profits jump to $3.54bn at Morgan Stanley
businesspost.ie/article/second-quarter-profits-jump-to-3-54bn-at-morgan-stanley/
Paid articlePaywall‘Common good’ should be given greater legal weighting in planning objections, committee report says
businesspost.ie/politics/common-good-should-be-given-greater-legal-weighting-in-planning-objections-committee-report-says/
Paid articlePaywallFrench, German finance ministers urge Trump to have ‘serious’ US-EU trade talks
businesspost.ie/article/french-german-finance-ministers-urge-trump-to-have-serious-us-eu-trade-talks/
Paid articlePaywallTop Jobs: Flipdish, BlackRock and Circle are among those hiring
businesspost.ie/companies/top-jobs-flipdish-blackrock-and-circle-are-among-those-hiring/
Paid articlePaywallTrump signals earlier pharma tariffs, raising pressure on Irish exports
businesspost.ie/politics/trump-signals-earlier-pharma-tariffs-raising-pressure-on-irish-exports/
Paid articlePaywallAmerican Express to enhance its business platinum card offering
businesspost.ie/article/american-express-to-enhance-its-business-platinum-card-offering/
Paid articlePaywallBank of America profit rises on trading
businesspost.ie/article/bank-of-america-profit-rises-on-trading/
Paid articlePaywallAIB takes on Revolut with new in-app investment tool for savers
businesspost.ie/banking/aib-takes-on-revolut-with-new-in-app-investment-tool-for-savers/
Paid articlePaywallRecipes: Neven Maguire’s steak sandwich with crispy onions
businesspost.ie/life-luxury/recipes-neven-maguires-steak-sandwich-with-crispy-onions/
Bank of Ireland tightens rules on remote work – union calls move ‘problematic’
businesspost.ie/banking/bank-of-ireland-tightens-rules-on-remote-work-union-calls-move-problematic/
Paid articlePaywallQuarterly revenues jump 6% at Cartier parent firm Richemont
businesspost.ie/article/quarterly-revenues-jump-6-at-cartier-parent-firm-richemont/
Paid articlePaywallAIG appoints John Neal as president
businesspost.ie/article/aig-appoints-john-neal-as-president/
Paid articlePaywallDavid McRedmond says An Post is in ‘position of strength’ as it boasts highest ever revenue
businesspost.ie/companies/david-mcredmond-says-an-post-is-in-position-of-strength-as-it-boasts-highest-ever-revenue/
Paid articlePaywallTánaiste Simon Harris meeting US pharma representatives amid EU-US trade talks
businesspost.ie/politics/tanaiste-simon-harris-meeting-us-pharma-representatives-amid-eu-us-trade-talks/
Paid articlePaywallTruist raises share price target for Flutter to $340
businesspost.ie/article/truist-raises-share-price-target-for-flutter-to-340/
Paid articlePaywallTrump reaps $50bn tariff haul as world ‘chickens out’
businesspost.ie/article/trump-reaps-50bn-tariff-haul-as-world-chickens-out/
Paid articlePaywallEbay Irish arm had €1.8 million redundancy costs as headcount trimmed in 2024
businesspost.ie/companies/ebay-irish-arm-had-e1-8-million-redundancy-costs-as-headcount-trimmed-in-2024/
Paid articlePaywallJohnson & Johnson declare cash dividend of $1.30 per share
businesspost.ie/article/johnson-johnson-declare-cash-dividend-of-1-30-per-share/
Paid articlePaywallKenmare to take $125m asset impairment
businesspost.ie/companies/kenmare-to-take-125m-asset-impairment/
Paid articlePaywallBusinesses to face new EU tax as Brussels tables levy to fund future budget
businesspost.ie/politics/businesses-to-face-new-eu-tax-as-brussels-tables-levy-to-fund-future-budget/
Paid articlePaywallDublin property prices up 6.9% on previous year in May
businesspost.ie/article/dublin-property-prices-up-6-9-on-previous-year-in-may/
Paid articlePaywallDecathlon reports €7.6 billion in sales through Irish operation as profit rises by over 50%
businesspost.ie/companies/decathlon-reports-e7-6-billion-in-sales-through-irish-operation-as-profit-rises-by-over-50/
Iseq opens flat as Dalata remains in the red, despite €1.4bn takeover
businesspost.ie/article/iseq-opens-flat-as-dalata-remains-in-the-red-despite-e1-4bn-takeover/
Paid articlePaywallJeffries maintains ‘buy’ rating for Diaego
businesspost.ie/article/jeffries-maintains-buy-rating-for-diaego/
Paid articlePaywallFlutter launches platform partnership between Tombola and Sisal brands
businesspost.ie/article/flutter-launches-platform-partnership-between-tombola-and-sisal-brands/
Paid articlePaywallUS futures mixed ahead of more big bank earnings
businesspost.ie/article/us-futures-mixed-ahead-of-more-big-bank-earnings/
Paid articlePaywallRecipes: Neven Maguire’s charred salmon and prawn tacos with red chilli chimichurri
businesspost.ie/life-luxury/recipes-neven-maguires-charred-salmon-and-prawn-tacos-with-red-chilli-chimichurri/
Rio Tinto shares rise as firm posts strongest iron ore output since 2018
businesspost.ie/article/rio-tinto-shares-rise-as-firm-posts-strongest-iron-ore-output-since-2018/
Paid articlePaywallOpinionAnalysis: UK inflation surge a surprise but ‘rate cut remains likely’
businesspost.ie/article/analysis-uk-inflation-surge-a-surprise-but-rate-cut-remains-likely/
Paid articlePaywallMarkets Update: Origin shares fall, Glenveagh rise in Dublin; European equities open in red
businesspost.ie/markets/markets-update-origin-shares-fall-glenveagh-rise-in-dublin-european-equities-open-in-red/
Paid articlePaywallEU Commission to propose merger of CAP funding
businesspost.ie/article/eu-commission-to-propose-merger-of-cap-funding/
Paid articlePaywallLocal businesses to suffer under new Dundrum traffic changes
businesspost.ie/article/local-businesses-to-suffer-under-new-dundrum-traffic-changes/
Paid articlePaywallSinn Féin's mix up over who owns Supervalu put down to 'human error'
businesspost.ie/article/sinn-feins-mix-up-over-who-owns-supervalu-put-down-to-human-error/
Paid articlePaywallUK inflation rises above forecasts to 3.6% in June
businesspost.ie/article/uk-inflation-rises-above-forecasts-to-3-6-in-june/
Paid articlePaywallStena rejects Irish hauliers’ push to keep ‘transformative’ temporary Holyhead schedule
businesspost.ie/companies/stena-rejects-irish-hauliers-push-to-keep-transformative-temporary-holyhead-schedule/
Paid articlePaywallRental watchdog still probing 8,000 illegal tenancies as part of crackdown
businesspost.ie/property/rental-watchdog-still-probing-8000-illegal-tenancies-as-part-of-crackdown/
Paid articlePaywall‘The entire country wins’: How business leaders are increasing flexibility for working parents – and why
businesspost.ie/analysis-opinion/the-entire-country-wins-how-business-leaders-are-increasing-flexibility-for-working-parents-and-why/
Paid articlePaywall‘Consumers will pay for this’: Why insurance premiums could rise despite injury award freeze
businesspost.ie/markets/consumers-will-pay-for-this-why-insurance-premiums-could-rise-despite-injury-award-freeze/
Paid articlePaywallInvesting beyond the cycle: It’s the regime that drives returns
businesspost.ie/markets/investing-beyond-the-cycle-its-the-regime-that-drives-returns/
Paid articlePaywallSarah Collins: EU ‘wartime budget’ risks lack of buy-in from everyone
businesspost.ie/politics/sarah-collins-eu-wartime-budget-risks-lack-of-buy-in-from-everyone/
Paid articlePaywall‘Piecemeal’ biogas policy ‘undermining investor confidence’ – climate watchdog warns
businesspost.ie/esg-energy/piecemeal-biogas-policy-undermining-investor-confidence-climate-watchdog-warns/
Paid articlePaywall‘We did well to survive the first six months’ – Barry McNerney of Lotts&Co on 10 years in food...
businesspost.ie/companies/we-did-well-to-survive-the-first-six-months-barry-mcnerney-of-lottsco-on-10-years-in-food-retail/
Paid articlePaywall
Mairead McGuinness nominated as Fine Gael’s candidate for presidential election
businesspost.ie/article/mairead-mcguinness-nominated-as-fine-gaels-candidate-for-presidential-election/
Paid articlePaywallKey FactsFine Gael Endorses McGuinness for Presidency
1 days ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: irishtimes.com
Summary created with AI assistance · Source: irishtimes.com
- Mairead McGuinness has been nominated by Fine Gael and will seek party ratification at a September event to launch her campaign.
- Aontú is working to assemble a bloc of around 20 Oireachtas members to nominate a presidential candidate for the upcoming election.
- Deputy Prime Minister Simon Harris praised McGuinness’s qualities to unite the country at a critical moment.
- Labour is conducting a membership survey on potential candidates, while skepticism remains over Aontú’s ability to gather enough support.
I want to see these people have a voice in the presidential election.— Peadar Toibín, Aontú party leader, on the need to give a voice to the sections of society that feel unrepresented.
Tesla opens first showroom in India
businesspost.ie/article/tesla-opens-first-showroom-in-india/
Paid articlePaywallKey FactsTesla Launches First Showroom in India Next Week
4 days ago · Reading time: ~30 sec.
Summary created with AI assistance · Source: cnbc.com
Summary created with AI assistance · Source: cnbc.com
- Tesla will open its first showroom experience center on July 15 at Mumbai’s Maker Maxity Mall.
- Direct sales to Indian customers are expected to begin alongside the showroom launch.
- The company faces competition from BYD and Tata Motors and contends with import duties near 70%.
- Tesla is actively recruiting for multiple roles in Mumbai and New Delhi to support its Indian operations.
China’s Baidu to bring its driverless cars to Uber globally
businesspost.ie/article/chinas-baidu-to-bring-its-driverless-cars-to-uber-globally/
Paid articlePaywall BlackRock shares plummet after lower-than-expected Q2 revenues
businesspost.ie/article/blackrock-shares-plummet-after-lower-than-expected-q2-revenues/
Paid articlePaywall US bank earnings: Wall Street traders cash in on Trump’s trade volatility
businesspost.ie/markets/us-bank-earnings-trumps-trade-turmoil-fuelled-record-earnings-on-wall-street/
Paid articlePaywall Video: EU targets bourbon, cars and Boeing in US countermeasures list
businesspost.ie/video/video-eu-targets-bourbon-cars-and-boeing-in-us-countermeasures-list/
Donal MacNamee: PTSB steps closer to ‘third force’ ambition as NatWest sells down stake
businesspost.ie/banking/donal-macnamee-ptsb-steps-closer-to-third-force-ambition-as-natwest-sells-down-stake/
Wall street opens higher as big banks report results but Wells Fargo sheds 3.8%
businesspost.ie/article/wall-street-opens-higher-as-big-banks-report-results-but-wells-fargo-sheds-3-8/
Paid articlePaywall EU still divided over fallout from Israel trade deal breach
businesspost.ie/politics/eu-still-divided-over-fallout-from-israel-trade-deal-breach/
Paid articlePaywall BlackRock’s €33m Dalata stake disclosed amid latest buyout offer
businesspost.ie/article/blackrocks-e33m-dalata-stake-disclosed-amid-latest-buyout-offer/
Paid articlePaywall Anthropic appoints former ServiceNow exec as commercial head amid robust revenue growth
businesspost.ie/tech/anthropic-appoints-former-servicenow-exec-as-commercial-head-amid-robust-revenue-growth/
Paid articlePaywall Irish hotels warn of ‘serious threat’ to viability as water charges climb nearly 10%
businesspost.ie/companies/irish-hotels-warn-of-serious-threat-to-viability-as-water-charges-climb-nearly-10/
Paid articlePaywall Recipes: Neven Maguire’s king strawberry tart with pistachio cream
businesspost.ie/life-luxury/recipes-neven-maguires-king-strawberry-tart-with-pistachio-cream/
Paid articlePaywall Simon Harris interview: ‘Trump can’t ignore strength of US-EU trade’
businesspost.ie/politics/simon-harris-interview-trump-cant-ignore-strength-of-us-eu-trade-after-latest-salvo-against-bloc/
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