🔔 The Opening Bell
Good morning.
Today’s a wild day, but not just because Trump (jokingly) announced that the US might start calling soccer “football” after awarding Chelsea FC their World Cup trophy. No, the main story is that Nvidia got some good news last night about H20 chips, China, and approval for trading. (We’re serious about the football thing, though!)
Meanwhile, the new CPI report came in, and it’s looking hot—in a bad way. And Bitcoin just became the 5th most-valuable asset in the entire world. One might think that the most valuable asset was Nancy Pelosi’s portfolio, but gold is still #1. We digress. On to today’s market news.
🌳 Invest in Walnut Trees
And harvest profits for 40 years.
The Walnut Fund lets you finance actual walnut trees that produce high-quality nuts for decades, and get a share of profits from harvested walnuts, processed products (like walnut oil and walnut butter), and eventually, the mature timber itself. 🪵
How it Works
You fund planting. Your capital funds the planting of walnut trees on pre-vetted farmland in Serbia.
Hands-off, passive investing. The Fund handles everything: Maintenance, harvesting, sales, and logistics.
Get dividends for 40 years. You receive annual payouts starting year ~5. These continue for up to 40 years
Get a final share of proceeds. At the end of their life, the trees are harvested for timber.
Why Invest in Walnuts?
Walnuts are a durable, high-demand crop with an exceptional shelf life.
They’re less water-intensive than almonds
Far less volatile than coffee or cacao
Sell for over $2,500/ton on global markets (This is 2x higher than palm oil)
The timber is valuable too — it’s prized for furniture and interior woodwork, with mature logs fetching up to $12,000 per tree.
Express Interest
This is one of the most interesting and unique deals we have seen all year.
The trees are insured, and even replaced if they fail to take root. You just share in the upside.
Express interest below.
Both accredited & non-accredited investors are eligible.
📰 Market Headlines
Stocks climbed to new records yesterday ahead of today’s CPI report, despite renewed tariff threats.
The S&P 500 climbed 0.14%, while the Dow rose 0.20% and the Nasdaq secured a record close with a 0.27% gain.
Nvidia is set to begin selling H20 chips to China again. The company’s stock rose 4.47% in pre-market trading on the news, setting a new all-time high—but our real question is this: can $NVDA ( ▲ 4.04% ) go to $200, and will it happen this year?
Reopened trade with China seemed like a necessary prerequisite to even start having that conversation—and here we are. Market cap sits at $4 trillion currently, and would need to grow to roughly $4.876 trillion for shares to hit $200. That’s a staggering number, but what’s interesting is that $NVDA may still be “undervalued,” according to several key valuation metrics (detailed here).
Trump is looking to fire Fed Chair Jerome Powell again as National Economic Council Director Kevin Hassett and former Fed governor Kevin Warsh slammed the $2.5 billion renovation of the Fed’s headquarters we mentioned a while back.
CPI rose to 2.7% in June—above the estimated 2.6%. This is the first time core CPI inflation has been above expectations in months. The S&P 500 and Nasdaq-100 futures rose on the news. Here’s one analyst’s take on why this is bullish for tech, crypto, and commodities →
The US Supreme Court cleared the way for President Trump to dismantle the Department of Education, lifting a federal judge's order that had blocked mass layoffs and the transfer of key functions to other agencies.
Two-thirds of Justice Department lawyers defending President Trump's policies in court have quit since the election. The Federal Programs Branch has lost 69 of its roughly 110 attorneys, straining the unit's ability to defend the administration's agenda.
🧠 Make yourself heard
Thoughts on Nvidia's price by EOY?
😱 Fear and Greed Index
🧠 The Missing (Market) Links
This 26-year-old college dropout has a $570,000/year business she started in her bedroom.
A chart comparing the most popular ChatGPT prompt topics between last year and this year
The Fed—yes, THE Fed—just confirmed with two regulators that “banks can now offer Bitcoin and crypto custody,” according to the Bitcoin Archive X account.
Government bond liquidity is worse than it was during the 2008 financial crisis—here’s what that means for bond markets
Vanguard became the #1 institutional holder of Strategy $MSTR ( ▼ 1.93% ) with—even though they’re blocking client access to Bitcoin ETFs.
What the heck are Labubu dolls, why are they so popular (and cute-ugly), and how is the company behind them so successful?
🪙 Crypto
Ethereum gained 20% over the past seven days.
Kazakhstan announced its considering investing part of its national reserves in crypto.
The House prepared to vote on the GENIUS and CLARITY Acts, two bills that promised to overhaul US crypto rules.
💰 Alternative Investing News
Private equity firms now own over 25% of manufactured housing in Michigan.
Brynwood Partners acquired Chef Boyardee from Conagra Brands for $600 million, planning to revitalize the brand through new formats and expanded store placement.
Haveli Investments, founded by former Vista Equity Partners president Brian Sheth, closed its debut software fund with $4.5 billion.
🤖 AI/Future/Tech News
Meta CEO Mark Zuckerberg pledged that the company will spend hundreds of billions on multiple massive AI data centers for superintelligence development.
The Trump administration earmarked $1 billion over the next four years for offensive cyber operations targeting US adversaries, while simultaneously cutting the budget for domestic cyber defense programs.
Microsoft began testing a new "Describe Image" feature for Copilot Plus PCs that uses AI to generate written descriptions of images, charts, or graphs on screen.
Meta rolled out a major crackdown on Facebook accounts sharing "unoriginal" content, having already removed 10 million profiles this year.
💡 Ideas, trends, and analysis
Nearly one-third of major US housing markets now see annual price declines as inventory jumped 29% year-over-year.
The hydrogen storage tanks market is poised to rocket 28.13% CAGR by 2030.
Deloitte states that back-to-school spending will reach $30.9 billion, down slightly from last year.
⚔️ Trade wars
The US slapped a 17% duty on most fresh Mexican tomatoes after talks collapsed, aiming to revive domestic production, and analysts expect consumer prices to jump 8.5% to 10%.
Malaysia imposed new trade permits on AI chip exports tied to the US, risking a shakeup in global semiconductor supply chains.
Canadian seafood sidestepped Trump’s 35% tariff after USMCA exemptions were confirmed.
🌍 International Markets
🇮🇳 India's consumer inflation slid to a more than six-year low of 2.1% in June, well below the 2.5% forecast.
🇬🇧 UK retail spending rose 3.1% in June, fueled by hot weather and a 3.7% jump in food prices.
🇳🇿 Retail card spending in New Zealand slumped 0.7% in Q2 as weak housing, rising unemployment, and high living costs weighed on demand.
🇦🇺 Australia’s central bank proposed eliminating card surcharges and capping interchange fees.
🎤 What you said last time
“Not sure why people still doubt BTC hitting $1million eventually. You can still 10x your BTC investment from here. Or just do nothing and miss out.”
🚚 Market movers
JPMorgan unveiled a Strategic Financing Solutions unit to handle complex deals across public and private markets.
Cognition acquired Windsurf, the AI coding startup that nearly sold to OpenAI and lost its leadership team to Google.
Volvo recorded a SEK 11.4 billion impairment charge tied to delays and tariffs affecting its EX90 and ES90 EVs.
Moonvalley, an AI video startup for Hollywood, secured $84 million from General Catalyst, CAA, and Comcast Ventures.
📊 Earnings
No notable earnings today.
📢 We want to hear from you
We love hearing from you, and we deeply appreciate your feedback.
⭐️ What did you think of today's edition?
📺 What to watch today
That’s all for today. Did I miss anything? Smash the reply button to let me know.
Cheers,
Brandon with Stefan & Wyatt
The information provided in Stocks & Income is for informational and educational purposes only and should not be construed as financial advice, investment advice, or a recommendation to buy or sell any securities. Stocks & Income is not a registered investment advisor, broker-dealer, or licensed financial planner. Always do your own research and consult with a licensed financial advisor before making any investment decisions. We may hold positions in or receive compensation from the companies or products mentioned. Disclosures will be made where applicable.