Tariffs threaten to raise U.S. consumer costs; Paramount secures a $7.7B UFC streaming deal; Ford invests $2B in affordable EVs.
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Overall, market sentiment leans cautiously BULLISH, even as tariff pressures linger.
Additionally, our AI continues to detect bullish momentum in selected individual stocks.
Here’s a breakdown of key stock events by our AI Event signal for today, 8/11.
The Must-Know News Stories for Today, 8/11.
Our AI cuts through the noise, saving you 9 minutes by delivering the heart of today’s events in seconds!
New York Post
BearishShortTermS&P 500Economic
US consumers will bear brunt of Trump's tariffs, say Goldman Sachs economists
- Consumers will bear more tariff costs as companies raise prices.
- Inflation is expected to rise, with core PCE projected at 3.2%.
- Federal Reserve uncertain about rate cuts due to tariff impacts.
- Trump pressures the Fed for rate cuts amid inflation concerns.
- July's Consumer Price Index will provide further inflation insights.
Investopedia
VeryBullishLongTermTKOCorporate Developments
Paramount Skydance Strikes $7.7 Billion UFC Deal
- Paramount Skydance becomes exclusive UFC distributor in a $7.7 billion deal.
- TKO shares surged over 7% following the announcement of the partnership.
- Paramount will stream 13 marquee events and 30 Fight Nights on Paramount+.
- The deal replaces UFC’s previous pay-per-view model, enhancing accessibility.
- CEO Mark Shapiro anticipates long-term growth opportunities through this partnership.
CNBC
BullishLongtTermFCorporate Developments
Ford announces $2 billion investment in Louisville assembly plant aimed at cheap EVs
- Ford announces $2 billion investment for affordable electric vehicles.
- Investment in Louisville will create nearly 4,000 new jobs.
- $3 billion planned for a Michigan battery park.
- Market volatility could threaten upcoming IPO opportunities.
- Company aims to produce a new electric pickup by 2027.
- Ford's strategy focuses on American manufacturing and customer satisfaction.
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