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Policy uncertainty caps nearshoring upside – Societe Generale

Dev Ashish at Societe Generale notes that MXN price action was relatively muted after the United States-Mexico-Canada Agreement (USMCA) extension decision, indicating investors largely expected the outcome. Ashish stresses that while trade flows and supply chains should remain intact near term, autos, metals and manufacturing projects linked to nearshoring may…

Tech slump contrasts broader resilience – Deutsche Bank

Deutsche Bank’s Early Morning Reid describes a mixed picture for US equities. The S&P 500 index slipped 0.22% as chip stocks sold off sharply, yet the equal‑weighted S&P 500 rose 0.24% to a new record. Futures on the S&P 500 are modestly positive, and individual names like Meta rallied strongly on cloud infrastructure plans, highlighting rotation beneath headline weakness.Semiconductor drag but breadth improves”Those glimmers of positivity have been reflected overnight, where both US and European…

Finance news

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Business

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Walmart makes first nuclear power play to support Illinois expansion

Walmart is making its first nuclear power play as the retail giant looks to support its growing footprint in Illinois. The retailer signed a long-term power purchase agreement with Constellation to buy emissions-free electricity from the company’s Dresden Clean Energy Center in Illinois, the companies announced on June 23.The agreement…

Markets

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Adobe’s Lara Balazs Says CMOs Need to Reinvent Themselves to Thrive

At Adobe, the marketing team is first to test many of its own products. “I am customer zero at the company,” said Lara Balazs, Adobe’s chief marketing officer. “We are co-creating the products that allow us to go to market. I can give the product people feedback on what works…

Investing

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