Latest news with #DJI
The Verge
an hour ago
- Automotive
- The Verge
DJI finally brings its impressive Amflow e-bike to US trails
Starting today, DJI's Amflow electric mountain bike range is available to buy in the United States. It comes over a year since the showcase for DJI's very impressive Avinox drive system was launched in Europe, sending shockwaves through the industry and leaving stalwarts like Bosch and Specialized struggling to respond. What's most impressive about the Avinox system — built around a 1000W Avinox motor capable of producing a very responsive 120Nm of max torque — is how much performance it packs into such a diminutive, lightweight, and efficient package. A remarkable accomplishment for DJI's inaugural effort. I can't wait to see what the company best known for its drones has in store for mass-market commuter e-bikes. The Amflow PL e-bikes are DJI's best effort to promote that drive system in a highly-specced and sleek build weighing just 19.2kg. And while I don't have the chops to properly review this e-MTB myself, trail-bombing experts have been won over again and again... and again. They don't come cheap, however: the Amflow PL Carbon starts at $7,499 and jumps to $10,199 for the Pro model, so it'd be wise to first book a test ride. If that price is too steep then it might pay to shop around. In April, six international brands announced electric mountain and gravel bikes built around the Avinox drive system, which has since expanded to at least 16 brands, according to from this author will be added to your daily email digest and your homepage feed. See All by Thomas Ricker Posts from this topic will be added to your daily email digest and your homepage feed. See All Electric Bikes Posts from this topic will be added to your daily email digest and your homepage feed. See All News Posts from this topic will be added to your daily email digest and your homepage feed. See All Rideables Posts from this topic will be added to your daily email digest and your homepage feed. See All Transportation
Gizmodo
3 hours ago
- Business
- Gizmodo
DJI Mini 3 Drone With 3 Batteries and RC Just Got Super Cheap, Perfect for Your Aerial Shots This Summer
Drones are pretty cool, but let's be honest, regulations can really turn into a headache. If you want to skip that mess, choosing a drone that weighs less than 250 grams is the way to go. This is exactly why the DJI Mini 3 has become so popular. The Fly More Combo bundle, which originally launched at $858 is now available for just $619 at Amazon. This deal gets you more value than buying the drone alone. Why? Because this package includes three batteries, letting you fly longer without constantly worrying about charging, and it comes with a DJI remote controller that feels super convenient to use. See at Amazon The DJI Mini 3 weight remains under that significant 250-gram mark so you don't need FAA registration or Remote ID if you operate for recreational use. The drone's camera shoots in 4K UHD and features HDR video so your aerial videos look crisp and clear enough to capture details whether it's high noon or low dusk. Furthermore, the Dual Native ISO technology maintains the image quality good in both bright and dark sections. A feature that will be adored by many is the True Vertical Shooting mode: It makes it extremely easy to record tall subjects, like skyscrapers or waterfalls, and the video is already resized for social media apps such as Instagram or TikTok. If you enjoy sharing your adventures online, it is a fantastic bonus. While the default flight time is around 38 minutes per battery, the Fly More Combo comes with three batteries and brings total flight time to 114 minutes. This enables you to enjoy longer sessions without interrupting your workflow. And if you want even more airtime, there's an option of an Intelligent Flight Battery Plus that can provide up to 51-minute flights, though adding it pushes the drone's weight above the 249-gram limit. The DJI Mini 3 is quite brave in the wind and fights against winds up to 38 kilometers per hour (Level 5). The 3-axis mechanical gimbal also stabilizes your footage, so videos and photos are smooth even if things are not ideal. Brushless motors provide the power it needs to fly at heights up to 4,000 meters. The current price drop makes this one of the better deals available if you're looking for a premium 4K drone. See at Amazon
Irish Daily Mirror
12 hours ago
- Irish Daily Mirror
Seenda Sleek JP-064-3 review: budget-priced keyboard and mouse combo kit
Seenda Sleek JP-064-3 Wireless Bluetooth Keyboard and Mouse Combo is an ultra-affordable set-up that works equally well with both Mac and Windows computers and laptops. The pairing comes in a few colours but I reviewed the black matte units that look sleek and professional in an office environment. The multi-device compatibility means you can connect up to three devices and switch between them quickly and effortlessly using the designated buttons on the top right of the keyboard. There are two Bluetooth connections along with a USB-A receiver. READ MORE: Insta360 takes on DJI with launch of drone brand Antigravity and promise of 360-degree aerial videography READ MORE: Ugreen Nexode Retractable Chargers review: ideal power bank for festivals such as All Together Now Along with their suitability for Mac and Windows, the full-size QWERTY UK keyboard and matching mouse are also compatible with iPads and iPhones along with Android handsets and tablets. Setting both devices up is simple and quick. Seenda Sleek JP-064-3 Wireless Bluetooth Keyboard and Mouse Combo (Image: Seenda) The rechargeable-by-USB-C keyboard battery provides up to 200 hours of use from a single three-hour charge thanks to efficient energy management. There is a welcome auto-sleep battery saving feature along with on/off switches. The mouse can also be recharged by USB-C and unlike Apple's Magic Mouse, you can still work with the mouse while it is recharging. In everyday use, the devices do all that is asked of them. The scissor-switch keys are a joy to type on and the ultra-slim mouse feels comfortable for both your fingers and wrist but over prolonged use someone with large hands especially might experience the weakness of the ultra-slim design and wish the ergonomics on the mouse were better. If you are someone who works on-the-go a lot or travels frequently for work, the light weight and portability of this combo should be a major plus can bring these peripherals anywhere with ease. Despite both devices feeling so lightweight, the build quality suggests they should be durable enough to last despite the entry-level price point. One caveat to note is the keyboard is not backlit. Seenda Sleek JP-064-3 verdict If you are on a budget and use a multitude of devices on a regular basis, you can't really go wrong with Seenda Sleek JP-064-3 (also known as SKM-064-3). Price comparison Apple Magic Keyboard and Mouse costs €204 from Apple . Microsoft Surface Arc Mouse costs €89.99 from Logitech Pebble Keys wireless keyboard costs €54.99 from Currys. Seenda Sleek JP-064-3 pricing and availability Seenda JP-064-3 Keyboard and Mouse Combo costs (at time of publication) €47.19 at Amazon. Subscribe to our newsletter for the latest news from the Irish Mirror direct to your inbox: Sign up here.
Yahoo
21 hours ago
- Business
- Yahoo
Stock market today: S&P 500 snaps 6-day record streak, stocks fall as earnings flood in, Fed decision looms
US stocks closed in the red Tuesday as investors digested a wave of corporate earnings and economic data, while bracing for the Federal Reserve's interest rate decision due Wednesday. The S&P 500 (^GSPC) snapped a six-day record streak to close down around 0.3%, while the tech-heavy Nasdaq Composite (^IXIC) fell about 0.4%. The Dow Jones Industrial Average (^DJI) dropped roughly 0.4%, or 200 points. Markets are poised for a high-stakes week, as the Federal Reserve kicked off its two-day policy meeting on Tuesday alongside a busy slate of economic data. While the Fed is expected to hold rates steady, investors remain on edge for any signs of economic weakness that could justify cuts later this year. Job openings and hirings both fell in June, the Bureau of Labor Statistics' JOLTS update showed, setting the stage for the all-important monthly US nonfarm payrolls report on Friday. Meanwhile, consumer confidence saw an uptick in July, but worries about job availability intensified, according to official figures. Read more: The latest on Trump's tariffs Looming large is President Trump's Friday deadline for trading partners to strike deals or face blanket tariff rates. Earlier Tuesday, top US officials told reporters in Stockholm that President Trump will make the final call on extending a tariff truce with China. Treasury Secretary Scott Bessent suggested adding another 90 days to the current suspension, with issues remaining minor and mainly related to the Chinese delegation. Earnings also took center stage, with Boeing (BA) posting better-than-expected quarterly results. But weaker reports from Spotify (SPOT), Merck (MRK), and UnitedHealth (UNH) weighed on sentiment. Read more: Full earnings coverage in our live blog Starbucks reports 6th straight US sales decline Yahoo Finance's Brooke DiPalma reports: Read more here. Stocks slip ahead of Fed decision as earnings roll in US stocks ended lower on Tuesday as Wall Street weighed a flood of corporate earnings and fresh economic data, all while keeping a close eye on the Federal Reserve's next move. The S&P 500 (^GSPC) snapped a six-day streak of record highs, closing down about 0.3%. The Nasdaq Composite (^IXIC) lost roughly 0.4%, and the Dow Jones Industrial Average (^DJI) shed around 200 points, or 0.4%. One chart shows why big tech keeps leading the stock market higher Big tech earnings are in full swing this week with Meta (META) and Microsoft (MSFT) set to report after the bell on Wednesday while Apple (AAPL) and Amazon (AMZN) are expected on Thursday. As a Yahoo Finance Chartbook submission from Barclays head of US equity strategy Venu Krishna shows, Big Tech has been the lone major market cohort this year that's had earnings growth outperform it's actual price return. This, Krishna argues, not only supports Big tech's lofty valuations but is a key reason to remain bullish on the sector. "We believe expectations heading into the quarter are not overly demanding, with Street estimates implying that Big Tech will merely meet its [long-term] EPS growth cadence, despite strong beats over recent quarters," Krishna told Yahoo Finance. "With [the second quarter of 2025] poised to be the first quarter to see material impacts from incremental tariffs, Big Tech retains an outsized role in keeping overall SPX performance healthy, and we believe the group is well-positioned to do so." Read the full Yahoo Finance Chartbook here for 34 more charts that help explain the state of markets and the US economy right now. Timothée Chalamet named Lucid's global brand ambassador Yahoo Finance's Pras Subramanian reports: Read more here. Timothée Chalamet named Lucid's global brand ambassador American Eagle (AEO) has Sydney Sweeney. And now EV upstart Lucid Motors (LCID) has its own superstar. Lucid Motors announced it has signed a "multi-year partnership" with Oscar-nominated actor and "culture icon" Timothée Chalamet as the company's first-ever global brand ambassador. As part of the deal, Chalamet will star in Lucid's marketing push for the EV maker's upcoming Gravity SUV. Lucid claims the Chalamet tie-up comes as the star was spotted driving a Lucid Air sedan in 2023. Lucid's connection with Chalamet comes on the heels of Sydney Sweeney's deal with American Eagle, the teen brand that has been suffering of late. Sweeney's deal to star in the brand's fall campaign (dubbed "Sydney Sweeney Has Great Jeans") sent social media abuzz and American Eagle stock soaring last Thursday, with shares jumping 20% in pre-market trading before closing up 4.3%. While the Sweeney images and accompanying ad copy caused some controversy, the ensuing coverage coming American Eagle's way is still seen as a positive. American Eagle's CMO likened the Sweeney partnership to the denim brand's "Super Bowl." As for Lucid stock, news of Chalamet's signing hasn't lifted shares higher. Perhaps the "Dune" actor just needs better jeans. Read more here. No tariff pause announced after US-China talks Yahoo Finance's Ben Werschkul reports: Read more here. Spotify CEO defends slower price hikes after earnings miss Spotify's (SPOT) dismal quarterly earnings report has raised questions over whether the company should raise prices at a faster pace than it has previously to boost its margins. On the company's second quarter earnings call Tuesday, executives responded to an analyst question on why the company wasn't raising prices as quickly as competitors. CEO Daniel Ek defended Spotify's measured approach to price increases, saying the strategy reflects a long-term focus on customer retention rather than short-term financial gain. "It's a lot better to keep the customer around for a longer time than to lose the customer and then try to re-acquire the customer back at a later point," Ek said. "At scale, the subscription business is really around retention, not new customer acquisition." The stock fell more than 10% following the quarterly report, retreating from a record rally after the company posted a Q2 loss, missed revenue estimates, and offered weaker guidance for the current quarter. Read more here. One reason the roaring stock market rally has more room to run Several strategists in the fifth volume of the Yahoo Finance Chartbook help explain why the S&P 500's rally could continue. While trades like meme stocks have begun bubbling up once more, Goldman Sachs senior equity strategist Ben Snider told us their equity sentiment index is still reading "neutral." Goldman's equity sentiment indicator combines nine measures of positioning in US stocks across investor groups including hedge funds, mutual funds, and retail investors. In other words, this isn't a sentiment index based on vibes. It's based on where money actually is in the market. As Snider's chart below shows, at a current reading of 0, investor sentiment could certainly have plenty of room to move higher. "While valuation multiples sit at elevated levels relative to history, constrained positioning indicates room for the recent equity rally to continue," Snider told us. Deutsche Bank chief global strategist Binky Chadha made a similar point with his Chartbook submission. "Equity positioning tends to align with earnings growth but is currently still below what we expect for Q2 and we look for a typical earnings season rally," Chadha said. "Our outlook out to year end sees a rise in equity positioning as one of the drivers of further upside for equity prices." To see Chadha's chart and 34 more that help explain the state of markets and the US economy right now, read the full Yahoo Finance Chartbook here. Starbucks set to report 6th straight US sales decline as CEO Brian Niccol continues turnaround efforts Starbucks (SBUX) is set to report results for its fiscal third quarter after the market close on Tuesday as CEO Brian Niccol continues turnaround efforts and the company is expected to extend its US sales slump while facing an uncertain consumer environment, Yahoo Finance's Brooke DiPalma reports. DiPalma writes: Read more about the coffee chain's upcoming earnings results and stock here. UPS stock drops as it declines to provide 2025 sales outlook United Parcel Service (UPS) stock sank more than 9% as the company declined to provide a financial outlook for the upcoming quarter or full year. "For our sector, this remains a very unsettling time," CEO Carol Tome said on a call with analysts Tuesday morning following UPS' second quarter earnings. "Changes in trade policy have not been cemented and the impact on customer demand and the overall economy is unknown." UPS also declined to provide guidance in its first quarter. For the second quarter, the company reported earnings per share roughly in line with Wall Street's projections and sales ahead of estimates, according to Bloomberg consensus data, despite declining from the prior year. Stellantis to absorb $1.7 billion in tariff costs in 2025 Stellantis (STLA) shares fell 2% after the Big Three automaker updated its financial results for the first half of the year, after releasing preliminary figures last week. The company said President Trump's tariffs will cost it 1.5 billion euros ($1.73 billion) in 2025, reports Yahoo Finance's Pras Subramanian. Subramanian writes: Read the full story here. Consumer confidence ticks higher in July, but job concerns persist Consumer confidence saw an uptick in July, with many Americans adjusting their expectations following a rebound from the lows triggered by President Trump's "Liberation Day" tariff announcements. However, confidence still lags the elevated levels observed last year, and labor market concerns remain top of mind, according to new data released Tuesday morning. The Conference Board's Consumer Confidence Index for July rose to 97.2, surpassing both June's revised figure of 95.2 and the 96.0 reading anticipated by economists. "In July, pessimism about the future receded somewhat, leading to a slight improvement in overall confidence," Stephanie Guichard, senior economist of global indicators at The Conference Board, said in the release. The "Present Situation Index," which measures consumers' assessment of current business and labor market conditions, fell 1.5 points to 131.5 in July. The "Expectations Index," which tracks consumers' short-term outlook for income, business, and labor market conditions, rose to 74.4 in February from 69.9 last month. Historically, a reading below 80 in that category signals a recession in the coming year. Notably, Americans' appraisal of current job availability weakened for the seventh consecutive month, reaching its lowest point since March 2021. In July, 18.9% of consumers reported that jobs were hard to get, up from 14.5% in January. According to Guichard, consumers' write-in responses highlighted that tariffs remained a significant concern, with many associating them with fears of rising prices. References to high prices and inflation also increased in July, even as consumers' average 12-month inflation expectations eased slightly to 5.8%, down from 5.9% in June and a peak of 7% in April. Job openings slide in June, as hiring rate hits 7-month low Job openings declined in June while hiring also decreased, according to government data released Tuesday. The report comes as investors closely watch for any signs of slowing in the labor market amid a debate over when the Federal Reserve could start to cut interest rates again. New data from the Bureau of Labor Statistics showed 7.44 million jobs open at the end of June, a decrease from the 7.71 million seen the month prior. May's report had the highest number of job openings since November 2024. The Job Openings and Labor Turnover Survey (JOLTS) showed that 5.2 million hires were made in June, down from the 5.47 million in May. The hiring rate ticked lower to 3.3% from the 3.4% seen the month prior and stood at its lowest level since November 2024. In one sign that workers remain cautious about labor market conditions, the quits rate — a sign of confidence among workers — hovered at 2%. Both the hiring and quits rates are floating near decade lows, reflecting what economists have described as a labor market in "stasis." Royal Caribbean lifts annual profit forecast on steady cruise demand Royal Caribbean's (RCL) stock fell 8% on Tuesday after the cruise line forecast its current-quarter profit below estimates. The company raised its annual forecast and is banking on resilient demand for its luxury destinations. Reuters reports: Read more here. P&G shares slip as it warns of $1 billion tariff hit Procter & Gamble (PG) stock dipped about 1%, reversing a slight pre-market gain, as the company took a cautious approach with its financial outlook while it navigates uncertain consumer sentiment and Trump's tariffs. Yahoo Finance's Brian Sozzi reports: Read the full story here. Tech leads stocks higher at the open The tech-heavy Nasdaq Composite (^IXIC) led US stocks higher at the open on Tuesday morning with a 0.5% gain. Meanwhile, the S&P 500 (^GSPC) rose 0.2% on the heels of notching a sixth all-time closing high in a row on Monday. The Dow Jones Industrial Average (^DJI) opened roughly flat. Investors are digesting a wave of earnings reports and US trade data showing a sharp narrowing in the deficit (as tariffs loom). Meanwhile, they are looking ahead to the JOLTS job openings update for June at 10 a.m. ET. for labor market insight. Major drugmakers trade mixed as financial updates come in Among the top drugmakers reporting earnings on Tuesday, AstraZeneca (AZN, AZN.L) rose almost 2%, and Merck fell nearly 4% before the market open. British drugmaker AstraZeneca reported second quarter revenue ahead of expectations Tuesday, with its cancer drugs helping fuel sales for the period. Meanwhile, fellow pharma giant Merck (MRK) reported earnings below Wall Street's projections, according to Bloomberg consensus data, and revenue from its HPV vaccine Gardasil was also less than expected amid continued headwinds in China. Investors are also bracing for patents for Merck's drug Keytruda (which accounted for roughly half of its second quarter revenue) to expire in 2028. Also on Tuesday, Danish drugmaker Novo Nordisk's (NVO) stock plummeted roughly 20%. The firm cut its 2025 revenue and profit outlook, pointing to lower than expected sales growth of its obesity drug Wegovy in the US, ahead of its second quarter earnings results slated for Aug. 6. Trump's DOJ puts companies on notice: Don't evade tariffs The Justice Department is putting American companies on notice that they could be prosecuted if they chose to evade President Trump's tariffs, even as the legality of the president's "Liberation Day" duties remain unsettled in US courts. Yahoo Finance's Alexis Keenan reports: Read more here. Nvidia leads Mag 7 higher on sign of 'enormous pent-up demand' from China Nvidia (NVDA) led the Big Tech "Magnificent Seven" stocks higher on Tuesday before the market open, climbing 1.4%. The gain came after Reuters reported that the AI chipmaker had ordered 300,000 H20 chips from its contract manufacturer TSMC. "This supports our theory that there is enormous pent-up demand for NVDA chips from China right now," Hedgeye Risk Management analyst Felix Wang wrote in a note to clients. Meanwhile, Microsoft (MSFT), Meta (META), and Amazon (AMZN) rose fractionally ahead of their quarterly earnings reports later this week. Apple (AAPL), Google (GOOG), and Tesla (TSLA) traded down less than 1%. Good morning. Here's what's happening today. Economic data: S&P CoreLogic 20-city home price index (May); Conference Board consumer confidence, July; Job Openings and Labor Turnover Survey (June); Dallas Fed services activity (July) Earnings: Boeing (BA), Booking Holdings (BKNG), Caesars (CZR), Cheesecake Factory (CAKE), Merck (MRK), PayPal (PYPL), Procter & Gamble (PG), Spotify (SPOT), Starbucks (SBUX), SoFi (SOFI), UnitedHealth Group (UNH), UPS (UPS), Visa (V) Here are some of the biggest stories you may have missed overnight and early this morning: The market is finally getting what it wants 35 charts explain markets and the economy right now UnitedHealth stock falls after reporting mixed Q2 earnings Sarepta stock soars as FDA reverses course on gene therapy pause Spotify stock slides after Q2 earnings and revenue miss Trump's DOJ puts companies on notice on tariffs US, EU rush to clinch final details and lock in trade deal Apple to Shutter a Retail Store in China for the First Time Ever Stellantis faces $1.7B hit from US tariffs this year Starbucks reports 6th straight US sales decline Yahoo Finance's Brooke DiPalma reports: Read more here. Yahoo Finance's Brooke DiPalma reports: Read more here. Stocks slip ahead of Fed decision as earnings roll in US stocks ended lower on Tuesday as Wall Street weighed a flood of corporate earnings and fresh economic data, all while keeping a close eye on the Federal Reserve's next move. The S&P 500 (^GSPC) snapped a six-day streak of record highs, closing down about 0.3%. The Nasdaq Composite (^IXIC) lost roughly 0.4%, and the Dow Jones Industrial Average (^DJI) shed around 200 points, or 0.4%. US stocks ended lower on Tuesday as Wall Street weighed a flood of corporate earnings and fresh economic data, all while keeping a close eye on the Federal Reserve's next move. The S&P 500 (^GSPC) snapped a six-day streak of record highs, closing down about 0.3%. The Nasdaq Composite (^IXIC) lost roughly 0.4%, and the Dow Jones Industrial Average (^DJI) shed around 200 points, or 0.4%. One chart shows why big tech keeps leading the stock market higher Big tech earnings are in full swing this week with Meta (META) and Microsoft (MSFT) set to report after the bell on Wednesday while Apple (AAPL) and Amazon (AMZN) are expected on Thursday. As a Yahoo Finance Chartbook submission from Barclays head of US equity strategy Venu Krishna shows, Big Tech has been the lone major market cohort this year that's had earnings growth outperform it's actual price return. This, Krishna argues, not only supports Big tech's lofty valuations but is a key reason to remain bullish on the sector. "We believe expectations heading into the quarter are not overly demanding, with Street estimates implying that Big Tech will merely meet its [long-term] EPS growth cadence, despite strong beats over recent quarters," Krishna told Yahoo Finance. "With [the second quarter of 2025] poised to be the first quarter to see material impacts from incremental tariffs, Big Tech retains an outsized role in keeping overall SPX performance healthy, and we believe the group is well-positioned to do so." Read the full Yahoo Finance Chartbook here for 34 more charts that help explain the state of markets and the US economy right now. Big tech earnings are in full swing this week with Meta (META) and Microsoft (MSFT) set to report after the bell on Wednesday while Apple (AAPL) and Amazon (AMZN) are expected on Thursday. As a Yahoo Finance Chartbook submission from Barclays head of US equity strategy Venu Krishna shows, Big Tech has been the lone major market cohort this year that's had earnings growth outperform it's actual price return. This, Krishna argues, not only supports Big tech's lofty valuations but is a key reason to remain bullish on the sector. "We believe expectations heading into the quarter are not overly demanding, with Street estimates implying that Big Tech will merely meet its [long-term] EPS growth cadence, despite strong beats over recent quarters," Krishna told Yahoo Finance. "With [the second quarter of 2025] poised to be the first quarter to see material impacts from incremental tariffs, Big Tech retains an outsized role in keeping overall SPX performance healthy, and we believe the group is well-positioned to do so." Read the full Yahoo Finance Chartbook here for 34 more charts that help explain the state of markets and the US economy right now. Timothée Chalamet named Lucid's global brand ambassador Yahoo Finance's Pras Subramanian reports: Read more here. Yahoo Finance's Pras Subramanian reports: Read more here. Timothée Chalamet named Lucid's global brand ambassador American Eagle (AEO) has Sydney Sweeney. And now EV upstart Lucid Motors (LCID) has its own superstar. Lucid Motors announced it has signed a "multi-year partnership" with Oscar-nominated actor and "culture icon" Timothée Chalamet as the company's first-ever global brand ambassador. As part of the deal, Chalamet will star in Lucid's marketing push for the EV maker's upcoming Gravity SUV. Lucid claims the Chalamet tie-up comes as the star was spotted driving a Lucid Air sedan in 2023. Lucid's connection with Chalamet comes on the heels of Sydney Sweeney's deal with American Eagle, the teen brand that has been suffering of late. Sweeney's deal to star in the brand's fall campaign (dubbed "Sydney Sweeney Has Great Jeans") sent social media abuzz and American Eagle stock soaring last Thursday, with shares jumping 20% in pre-market trading before closing up 4.3%. While the Sweeney images and accompanying ad copy caused some controversy, the ensuing coverage coming American Eagle's way is still seen as a positive. American Eagle's CMO likened the Sweeney partnership to the denim brand's "Super Bowl." As for Lucid stock, news of Chalamet's signing hasn't lifted shares higher. Perhaps the "Dune" actor just needs better jeans. Read more here. American Eagle (AEO) has Sydney Sweeney. And now EV upstart Lucid Motors (LCID) has its own superstar. Lucid Motors announced it has signed a "multi-year partnership" with Oscar-nominated actor and "culture icon" Timothée Chalamet as the company's first-ever global brand ambassador. As part of the deal, Chalamet will star in Lucid's marketing push for the EV maker's upcoming Gravity SUV. Lucid claims the Chalamet tie-up comes as the star was spotted driving a Lucid Air sedan in 2023. Lucid's connection with Chalamet comes on the heels of Sydney Sweeney's deal with American Eagle, the teen brand that has been suffering of late. Sweeney's deal to star in the brand's fall campaign (dubbed "Sydney Sweeney Has Great Jeans") sent social media abuzz and American Eagle stock soaring last Thursday, with shares jumping 20% in pre-market trading before closing up 4.3%. While the Sweeney images and accompanying ad copy caused some controversy, the ensuing coverage coming American Eagle's way is still seen as a positive. American Eagle's CMO likened the Sweeney partnership to the denim brand's "Super Bowl." As for Lucid stock, news of Chalamet's signing hasn't lifted shares higher. Perhaps the "Dune" actor just needs better jeans. Read more here. No tariff pause announced after US-China talks Yahoo Finance's Ben Werschkul reports: Read more here. Yahoo Finance's Ben Werschkul reports: Read more here. Spotify CEO defends slower price hikes after earnings miss Spotify's (SPOT) dismal quarterly earnings report has raised questions over whether the company should raise prices at a faster pace than it has previously to boost its margins. On the company's second quarter earnings call Tuesday, executives responded to an analyst question on why the company wasn't raising prices as quickly as competitors. CEO Daniel Ek defended Spotify's measured approach to price increases, saying the strategy reflects a long-term focus on customer retention rather than short-term financial gain. "It's a lot better to keep the customer around for a longer time than to lose the customer and then try to re-acquire the customer back at a later point," Ek said. "At scale, the subscription business is really around retention, not new customer acquisition." The stock fell more than 10% following the quarterly report, retreating from a record rally after the company posted a Q2 loss, missed revenue estimates, and offered weaker guidance for the current quarter. Read more here. Spotify's (SPOT) dismal quarterly earnings report has raised questions over whether the company should raise prices at a faster pace than it has previously to boost its margins. On the company's second quarter earnings call Tuesday, executives responded to an analyst question on why the company wasn't raising prices as quickly as competitors. CEO Daniel Ek defended Spotify's measured approach to price increases, saying the strategy reflects a long-term focus on customer retention rather than short-term financial gain. "It's a lot better to keep the customer around for a longer time than to lose the customer and then try to re-acquire the customer back at a later point," Ek said. "At scale, the subscription business is really around retention, not new customer acquisition." The stock fell more than 10% following the quarterly report, retreating from a record rally after the company posted a Q2 loss, missed revenue estimates, and offered weaker guidance for the current quarter. Read more here. One reason the roaring stock market rally has more room to run Several strategists in the fifth volume of the Yahoo Finance Chartbook help explain why the S&P 500's rally could continue. While trades like meme stocks have begun bubbling up once more, Goldman Sachs senior equity strategist Ben Snider told us their equity sentiment index is still reading "neutral." Goldman's equity sentiment indicator combines nine measures of positioning in US stocks across investor groups including hedge funds, mutual funds, and retail investors. In other words, this isn't a sentiment index based on vibes. It's based on where money actually is in the market. As Snider's chart below shows, at a current reading of 0, investor sentiment could certainly have plenty of room to move higher. "While valuation multiples sit at elevated levels relative to history, constrained positioning indicates room for the recent equity rally to continue," Snider told us. Deutsche Bank chief global strategist Binky Chadha made a similar point with his Chartbook submission. "Equity positioning tends to align with earnings growth but is currently still below what we expect for Q2 and we look for a typical earnings season rally," Chadha said. "Our outlook out to year end sees a rise in equity positioning as one of the drivers of further upside for equity prices." To see Chadha's chart and 34 more that help explain the state of markets and the US economy right now, read the full Yahoo Finance Chartbook here. Several strategists in the fifth volume of the Yahoo Finance Chartbook help explain why the S&P 500's rally could continue. While trades like meme stocks have begun bubbling up once more, Goldman Sachs senior equity strategist Ben Snider told us their equity sentiment index is still reading "neutral." Goldman's equity sentiment indicator combines nine measures of positioning in US stocks across investor groups including hedge funds, mutual funds, and retail investors. In other words, this isn't a sentiment index based on vibes. It's based on where money actually is in the market. As Snider's chart below shows, at a current reading of 0, investor sentiment could certainly have plenty of room to move higher. "While valuation multiples sit at elevated levels relative to history, constrained positioning indicates room for the recent equity rally to continue," Snider told us. Deutsche Bank chief global strategist Binky Chadha made a similar point with his Chartbook submission. "Equity positioning tends to align with earnings growth but is currently still below what we expect for Q2 and we look for a typical earnings season rally," Chadha said. "Our outlook out to year end sees a rise in equity positioning as one of the drivers of further upside for equity prices." To see Chadha's chart and 34 more that help explain the state of markets and the US economy right now, read the full Yahoo Finance Chartbook here. Starbucks set to report 6th straight US sales decline as CEO Brian Niccol continues turnaround efforts Starbucks (SBUX) is set to report results for its fiscal third quarter after the market close on Tuesday as CEO Brian Niccol continues turnaround efforts and the company is expected to extend its US sales slump while facing an uncertain consumer environment, Yahoo Finance's Brooke DiPalma reports. DiPalma writes: Read more about the coffee chain's upcoming earnings results and stock here. Starbucks (SBUX) is set to report results for its fiscal third quarter after the market close on Tuesday as CEO Brian Niccol continues turnaround efforts and the company is expected to extend its US sales slump while facing an uncertain consumer environment, Yahoo Finance's Brooke DiPalma reports. DiPalma writes: Read more about the coffee chain's upcoming earnings results and stock here. UPS stock drops as it declines to provide 2025 sales outlook United Parcel Service (UPS) stock sank more than 9% as the company declined to provide a financial outlook for the upcoming quarter or full year. "For our sector, this remains a very unsettling time," CEO Carol Tome said on a call with analysts Tuesday morning following UPS' second quarter earnings. "Changes in trade policy have not been cemented and the impact on customer demand and the overall economy is unknown." UPS also declined to provide guidance in its first quarter. For the second quarter, the company reported earnings per share roughly in line with Wall Street's projections and sales ahead of estimates, according to Bloomberg consensus data, despite declining from the prior year. United Parcel Service (UPS) stock sank more than 9% as the company declined to provide a financial outlook for the upcoming quarter or full year. "For our sector, this remains a very unsettling time," CEO Carol Tome said on a call with analysts Tuesday morning following UPS' second quarter earnings. "Changes in trade policy have not been cemented and the impact on customer demand and the overall economy is unknown." UPS also declined to provide guidance in its first quarter. For the second quarter, the company reported earnings per share roughly in line with Wall Street's projections and sales ahead of estimates, according to Bloomberg consensus data, despite declining from the prior year. Stellantis to absorb $1.7 billion in tariff costs in 2025 Stellantis (STLA) shares fell 2% after the Big Three automaker updated its financial results for the first half of the year, after releasing preliminary figures last week. The company said President Trump's tariffs will cost it 1.5 billion euros ($1.73 billion) in 2025, reports Yahoo Finance's Pras Subramanian. Subramanian writes: Read the full story here. Stellantis (STLA) shares fell 2% after the Big Three automaker updated its financial results for the first half of the year, after releasing preliminary figures last week. The company said President Trump's tariffs will cost it 1.5 billion euros ($1.73 billion) in 2025, reports Yahoo Finance's Pras Subramanian. Subramanian writes: Read the full story here. Consumer confidence ticks higher in July, but job concerns persist Consumer confidence saw an uptick in July, with many Americans adjusting their expectations following a rebound from the lows triggered by President Trump's "Liberation Day" tariff announcements. However, confidence still lags the elevated levels observed last year, and labor market concerns remain top of mind, according to new data released Tuesday morning. The Conference Board's Consumer Confidence Index for July rose to 97.2, surpassing both June's revised figure of 95.2 and the 96.0 reading anticipated by economists. "In July, pessimism about the future receded somewhat, leading to a slight improvement in overall confidence," Stephanie Guichard, senior economist of global indicators at The Conference Board, said in the release. The "Present Situation Index," which measures consumers' assessment of current business and labor market conditions, fell 1.5 points to 131.5 in July. The "Expectations Index," which tracks consumers' short-term outlook for income, business, and labor market conditions, rose to 74.4 in February from 69.9 last month. Historically, a reading below 80 in that category signals a recession in the coming year. Notably, Americans' appraisal of current job availability weakened for the seventh consecutive month, reaching its lowest point since March 2021. In July, 18.9% of consumers reported that jobs were hard to get, up from 14.5% in January. According to Guichard, consumers' write-in responses highlighted that tariffs remained a significant concern, with many associating them with fears of rising prices. References to high prices and inflation also increased in July, even as consumers' average 12-month inflation expectations eased slightly to 5.8%, down from 5.9% in June and a peak of 7% in April. Consumer confidence saw an uptick in July, with many Americans adjusting their expectations following a rebound from the lows triggered by President Trump's "Liberation Day" tariff announcements. However, confidence still lags the elevated levels observed last year, and labor market concerns remain top of mind, according to new data released Tuesday morning. The Conference Board's Consumer Confidence Index for July rose to 97.2, surpassing both June's revised figure of 95.2 and the 96.0 reading anticipated by economists. "In July, pessimism about the future receded somewhat, leading to a slight improvement in overall confidence," Stephanie Guichard, senior economist of global indicators at The Conference Board, said in the release. The "Present Situation Index," which measures consumers' assessment of current business and labor market conditions, fell 1.5 points to 131.5 in July. The "Expectations Index," which tracks consumers' short-term outlook for income, business, and labor market conditions, rose to 74.4 in February from 69.9 last month. Historically, a reading below 80 in that category signals a recession in the coming year. Notably, Americans' appraisal of current job availability weakened for the seventh consecutive month, reaching its lowest point since March 2021. In July, 18.9% of consumers reported that jobs were hard to get, up from 14.5% in January. According to Guichard, consumers' write-in responses highlighted that tariffs remained a significant concern, with many associating them with fears of rising prices. References to high prices and inflation also increased in July, even as consumers' average 12-month inflation expectations eased slightly to 5.8%, down from 5.9% in June and a peak of 7% in April. Job openings slide in June, as hiring rate hits 7-month low Job openings declined in June while hiring also decreased, according to government data released Tuesday. The report comes as investors closely watch for any signs of slowing in the labor market amid a debate over when the Federal Reserve could start to cut interest rates again. New data from the Bureau of Labor Statistics showed 7.44 million jobs open at the end of June, a decrease from the 7.71 million seen the month prior. May's report had the highest number of job openings since November 2024. The Job Openings and Labor Turnover Survey (JOLTS) showed that 5.2 million hires were made in June, down from the 5.47 million in May. The hiring rate ticked lower to 3.3% from the 3.4% seen the month prior and stood at its lowest level since November 2024. In one sign that workers remain cautious about labor market conditions, the quits rate — a sign of confidence among workers — hovered at 2%. Both the hiring and quits rates are floating near decade lows, reflecting what economists have described as a labor market in "stasis." Job openings declined in June while hiring also decreased, according to government data released Tuesday. The report comes as investors closely watch for any signs of slowing in the labor market amid a debate over when the Federal Reserve could start to cut interest rates again. New data from the Bureau of Labor Statistics showed 7.44 million jobs open at the end of June, a decrease from the 7.71 million seen the month prior. May's report had the highest number of job openings since November 2024. The Job Openings and Labor Turnover Survey (JOLTS) showed that 5.2 million hires were made in June, down from the 5.47 million in May. The hiring rate ticked lower to 3.3% from the 3.4% seen the month prior and stood at its lowest level since November 2024. In one sign that workers remain cautious about labor market conditions, the quits rate — a sign of confidence among workers — hovered at 2%. Both the hiring and quits rates are floating near decade lows, reflecting what economists have described as a labor market in "stasis." Royal Caribbean lifts annual profit forecast on steady cruise demand Royal Caribbean's (RCL) stock fell 8% on Tuesday after the cruise line forecast its current-quarter profit below estimates. The company raised its annual forecast and is banking on resilient demand for its luxury destinations. Reuters reports: Read more here. Royal Caribbean's (RCL) stock fell 8% on Tuesday after the cruise line forecast its current-quarter profit below estimates. The company raised its annual forecast and is banking on resilient demand for its luxury destinations. Reuters reports: Read more here. P&G shares slip as it warns of $1 billion tariff hit Procter & Gamble (PG) stock dipped about 1%, reversing a slight pre-market gain, as the company took a cautious approach with its financial outlook while it navigates uncertain consumer sentiment and Trump's tariffs. Yahoo Finance's Brian Sozzi reports: Read the full story here. Procter & Gamble (PG) stock dipped about 1%, reversing a slight pre-market gain, as the company took a cautious approach with its financial outlook while it navigates uncertain consumer sentiment and Trump's tariffs. Yahoo Finance's Brian Sozzi reports: Read the full story here. Tech leads stocks higher at the open The tech-heavy Nasdaq Composite (^IXIC) led US stocks higher at the open on Tuesday morning with a 0.5% gain. Meanwhile, the S&P 500 (^GSPC) rose 0.2% on the heels of notching a sixth all-time closing high in a row on Monday. The Dow Jones Industrial Average (^DJI) opened roughly flat. Investors are digesting a wave of earnings reports and US trade data showing a sharp narrowing in the deficit (as tariffs loom). Meanwhile, they are looking ahead to the JOLTS job openings update for June at 10 a.m. ET. for labor market insight. The tech-heavy Nasdaq Composite (^IXIC) led US stocks higher at the open on Tuesday morning with a 0.5% gain. Meanwhile, the S&P 500 (^GSPC) rose 0.2% on the heels of notching a sixth all-time closing high in a row on Monday. The Dow Jones Industrial Average (^DJI) opened roughly flat. Investors are digesting a wave of earnings reports and US trade data showing a sharp narrowing in the deficit (as tariffs loom). Meanwhile, they are looking ahead to the JOLTS job openings update for June at 10 a.m. ET. for labor market insight. Major drugmakers trade mixed as financial updates come in Among the top drugmakers reporting earnings on Tuesday, AstraZeneca (AZN, AZN.L) rose almost 2%, and Merck fell nearly 4% before the market open. British drugmaker AstraZeneca reported second quarter revenue ahead of expectations Tuesday, with its cancer drugs helping fuel sales for the period. Meanwhile, fellow pharma giant Merck (MRK) reported earnings below Wall Street's projections, according to Bloomberg consensus data, and revenue from its HPV vaccine Gardasil was also less than expected amid continued headwinds in China. Investors are also bracing for patents for Merck's drug Keytruda (which accounted for roughly half of its second quarter revenue) to expire in 2028. Also on Tuesday, Danish drugmaker Novo Nordisk's (NVO) stock plummeted roughly 20%. The firm cut its 2025 revenue and profit outlook, pointing to lower than expected sales growth of its obesity drug Wegovy in the US, ahead of its second quarter earnings results slated for Aug. 6. Among the top drugmakers reporting earnings on Tuesday, AstraZeneca (AZN, AZN.L) rose almost 2%, and Merck fell nearly 4% before the market open. British drugmaker AstraZeneca reported second quarter revenue ahead of expectations Tuesday, with its cancer drugs helping fuel sales for the period. Meanwhile, fellow pharma giant Merck (MRK) reported earnings below Wall Street's projections, according to Bloomberg consensus data, and revenue from its HPV vaccine Gardasil was also less than expected amid continued headwinds in China. Investors are also bracing for patents for Merck's drug Keytruda (which accounted for roughly half of its second quarter revenue) to expire in 2028. Also on Tuesday, Danish drugmaker Novo Nordisk's (NVO) stock plummeted roughly 20%. The firm cut its 2025 revenue and profit outlook, pointing to lower than expected sales growth of its obesity drug Wegovy in the US, ahead of its second quarter earnings results slated for Aug. 6. Trump's DOJ puts companies on notice: Don't evade tariffs The Justice Department is putting American companies on notice that they could be prosecuted if they chose to evade President Trump's tariffs, even as the legality of the president's "Liberation Day" duties remain unsettled in US courts. Yahoo Finance's Alexis Keenan reports: Read more here. The Justice Department is putting American companies on notice that they could be prosecuted if they chose to evade President Trump's tariffs, even as the legality of the president's "Liberation Day" duties remain unsettled in US courts. Yahoo Finance's Alexis Keenan reports: Read more here. Nvidia leads Mag 7 higher on sign of 'enormous pent-up demand' from China Nvidia (NVDA) led the Big Tech "Magnificent Seven" stocks higher on Tuesday before the market open, climbing 1.4%. The gain came after Reuters reported that the AI chipmaker had ordered 300,000 H20 chips from its contract manufacturer TSMC. "This supports our theory that there is enormous pent-up demand for NVDA chips from China right now," Hedgeye Risk Management analyst Felix Wang wrote in a note to clients. Meanwhile, Microsoft (MSFT), Meta (META), and Amazon (AMZN) rose fractionally ahead of their quarterly earnings reports later this week. Apple (AAPL), Google (GOOG), and Tesla (TSLA) traded down less than 1%. Nvidia (NVDA) led the Big Tech "Magnificent Seven" stocks higher on Tuesday before the market open, climbing 1.4%. The gain came after Reuters reported that the AI chipmaker had ordered 300,000 H20 chips from its contract manufacturer TSMC. "This supports our theory that there is enormous pent-up demand for NVDA chips from China right now," Hedgeye Risk Management analyst Felix Wang wrote in a note to clients. Meanwhile, Microsoft (MSFT), Meta (META), and Amazon (AMZN) rose fractionally ahead of their quarterly earnings reports later this week. Apple (AAPL), Google (GOOG), and Tesla (TSLA) traded down less than 1%. Good morning. Here's what's happening today. Economic data: S&P CoreLogic 20-city home price index (May); Conference Board consumer confidence, July; Job Openings and Labor Turnover Survey (June); Dallas Fed services activity (July) Earnings: Boeing (BA), Booking Holdings (BKNG), Caesars (CZR), Cheesecake Factory (CAKE), Merck (MRK), PayPal (PYPL), Procter & Gamble (PG), Spotify (SPOT), Starbucks (SBUX), SoFi (SOFI), UnitedHealth Group (UNH), UPS (UPS), Visa (V) Here are some of the biggest stories you may have missed overnight and early this morning: The market is finally getting what it wants 35 charts explain markets and the economy right now UnitedHealth stock falls after reporting mixed Q2 earnings Sarepta stock soars as FDA reverses course on gene therapy pause Spotify stock slides after Q2 earnings and revenue miss Trump's DOJ puts companies on notice on tariffs US, EU rush to clinch final details and lock in trade deal Apple to Shutter a Retail Store in China for the First Time Ever Stellantis faces $1.7B hit from US tariffs this year Economic data: S&P CoreLogic 20-city home price index (May); Conference Board consumer confidence, July; Job Openings and Labor Turnover Survey (June); Dallas Fed services activity (July) Earnings: Boeing (BA), Booking Holdings (BKNG), Caesars (CZR), Cheesecake Factory (CAKE), Merck (MRK), PayPal (PYPL), Procter & Gamble (PG), Spotify (SPOT), Starbucks (SBUX), SoFi (SOFI), UnitedHealth Group (UNH), UPS (UPS), Visa (V) Here are some of the biggest stories you may have missed overnight and early this morning: The market is finally getting what it wants 35 charts explain markets and the economy right now UnitedHealth stock falls after reporting mixed Q2 earnings Sarepta stock soars as FDA reverses course on gene therapy pause Spotify stock slides after Q2 earnings and revenue miss Trump's DOJ puts companies on notice on tariffs US, EU rush to clinch final details and lock in trade deal Apple to Shutter a Retail Store in China for the First Time Ever Stellantis faces $1.7B hit from US tariffs this year Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Verge
21 hours ago
- The Verge
DJI's first robot vacuum is being announced on August 6th.
It's clearly time: all the news about the transparent tech renaissance See all Stories Posted Jul 29, 2025 at 8:15 PM UTC DJI's first robot vacuum is being announced on August 6th. It will also utilize a dock, but despite what the teaser image shows, the transparent version might just be DJI showing off the dock's internals and functionality. Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates. Andrew Liszewski Posts from this author will be added to your daily email digest and your homepage feed. See All by Andrew Liszewski Posts from this topic will be added to your daily email digest and your homepage feed. See All Gadgets Posts from this topic will be added to your daily email digest and your homepage feed. See All News Posts from this topic will be added to your daily email digest and your homepage feed. See All Smart Home Posts from this topic will be added to your daily email digest and your homepage feed. See All Tech
