
Faraday Future Secures $105 Million in Financing to Fund the Companyâs Aggressive Growth Strategy, Launch of the FX Super One and Advancement of the Companyâs Position in the AIEV Market
July 17, 2025
The S&PâŻ500 and Nasdaq both closed at fresh records, supported by Juneâs strongerâthanâexpected jobs reportâ147,000 new hires vs. the forecasted 110,000, and the unemployment rate ticking down to 4.1%. The Dow added about 0.8%, while the Russell 2000 was up ~1%, rounding off a strong week for U.S. stocks
That robust labor data dimmed the chances of a Federal Reserve rate cut this month, moving expectations from a July move to likely later this yearâmaybe two cuts by year-endâaccording to analysts at Truis. Bond yields edged higher, and the dollar strengthened.
Shares gained ~2%, propelled by enthusiasm over their AI chips nearing a $4âŻtrillion market cap.
Ticker: TSLA
Teslaâs shares ticked down ~0.1â0.5% today to around $315.35 after reporting 384,122 Q2 deliveriesâslightly below expectations but better than feared. Goldman Sachs maintained a neutral rating with a $315 target, while HSBC remains bearish at $120. Meanwhile, Tesla faces structural pressure with German sales down 60% YoY
Ticker: AAPL
Apple rose ~0.5% to $213.55 after chatter about expanding its AI strategy, potentially integrating tech from OpenAI or Anthropic.
Ticker: GOOGL
Alphabet climbed ~0.5% to $179.53 amid investor debate over AI threats to search and antitrust risks, but sentiment remains upbeat around YouTube, Cloud, and Gemini.
Synopsys (SNPS) & Cadence Design Systems (CDNS) surged nearly 5% after U.S. eased export restrictions on chip-design software to China
Datadog (DDOG) jumped ~15% on news itâll join the S&PâŻ500 on July 9
Lucid (LCID) rose ~5.4%, while Rivian (RIVN) gained ~1.6% amid mixed EV delivery updates
U.S. clinched a tariff-deal with Vietnamâ20% tariffs on importsâwhich lifted stocks like Nike (NKE) (~4.1%) and On Holding (ONON)
Meanwhile, upbeat news from the U.K.âa dovish Bank of England and stable service-sector dataâsupported FTSE gains and eased bond yield pressures
Momentum continues, but robust jobs data delays Fed rate cuts
Tech remains central, driven by AI, deliveries, and supplyâchain forces
Geopolitical updates like trade deals are breathing life into cyclicals and industrials
Further Fed commentary after the holiday
Q2 earnings for Tesla, Apple, and Alphabet
Additional U.S. jobs and ISM data