US Stock Markets see Significant Gains – Tariffs Could be Postponed Further – Setback for Trump's Mega Legislation – Early Appointment of Fed Chair – China's industrial profits plunge – Amazon loses AI executive – Nike struggles with revenue and profit crisis – Novo Nordisk cooperates with WeightWatchers – acquisition of Core Scientific by CoreWeave – Uber to participate in US business of Pony AI – Apple changes App Store rules – Tesla fires production chief

On Thursday, June 26, 2025 , Wall Street shone with a widespread upward momentum . Buyers flocked to cyclical stocks, supported by the ongoing ceasefire in the Middle East, speculation about imminent rate cuts from the Fed, and strong signals from the chip sector. The Dow Jones gained 0.94% to reach 43,387 points, the S&P 500 rose 0.80% to 6,141 points, and the Nasdaq Composite advanced 0.97% to 20,168 points – just a blink away from the record. Among the most sought-after stocks was Super Micro Computer (+5.7% ), as the new convertible...