Market Shocker: Trump Tariffs, Apple’s $100B Pledge & Earnings, my Shocking Trades

Hello Wealth DOME readers,This week was packed with market-moving news—from Donald Trump’s new tariffs on Switzerland, Canada, and India, to Apple’s $100 billion U.S. manufacturing pledge, and a string of major earnings reports from some of the market’s biggest names. Here’s your breakdown.🌍 Tariffs & Trade Tensions* 39% tariffs on Switzerland targeting luxury goods, chocolate, and gold exports* Tariffs on Canada & India increased, with India now facing 50% tariffs on oil* Global trade war fears rise, with potential ripple effects in the gold market📉 U.S. Labor Market* Jobs report showed a slowdown in growth* Speculation increases that the Federal Reserve could cut rates* Bond yields fell on weaker employment data🍏 Apple’s $100 Billion U.S. Investment ($AAPL)* Tim Cook announces additional $100B investment in U.S. manufacturing* Brings total planned U.S. investments to $600B* Apple stock jumped for three consecutive days, closing at $230 on Friday💼 Earnings Highlights* Eli Lilly ($LLY) – Revenue +38% YoY to $15.56B, EPS $6.31; stock fell 13.7% on sentiment concerns despite strong results.* * Hims & Hers ($HIMS) – Revenue +73% to $544.8M; stock up 2% on strong subscriber growth.* * Uber ($UBER) – Revenue +17% to $12.7B; announced $20B buyback; stock volatile.* * Shopify ($SHOP) – Revenue +31% to $2.68B; stock jumped 20%.* * Airbnb ($ABNB) – Revenue +13% to $3.1B; announced $6B buyback but stock fell on cautious guidance.* * Palantir ($PLTR) – Revenue +48% to $1B; U.S. commercial revenue +93%.* * AMD ($AMD) – Revenue +32% to $7.7B; strength in data center & gaming segments.* * Super Micro Computer ($SMCI) – Revenue +19% but missed forecasts; stock hit 200-day MA.* * McDonald’s ($MCD) – Revenue +5% to $6.84B; dividend ex-date Sept 2.* * Disney ($DIS) – Revenue +2% to $23.7B; strong theme parks & streaming, but potential correction ahead.* 📈 My Weekly Trades (Week 32)* Sold: $PLTR, $RHM, gold (PPFP), $MELI, $COST, $AMZN, $TSLA, $AAPL* Best Trade: $AAPL (+€332)* Weekly Total: +$489 (target was $500)🔮 Next Week’s Preview* Tuesday: Inflation data* Thursday: PPI report* Friday: Retail sales & Michigan Consumer Sentiment⚠️ Expect volatility—consider defensive plays.🔗 Relevant Links* Apple Investor Relations* Eli Lilly Investor Relations* Shopify IR* Airbnb IR* Palantir IRSEO Tags: tariffs, US labor market, Apple $100B investment, Eli Lilly earnings, HIMS growth, UBER buyback, SHOP stock rally, ABNB cautious guidance, PLTR revenue growth, AMD semiconductor growth, SMCI correction, MCD dividend date, DIS earnings. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit norbertbm.substack.com/subscribe