The Investment Company Institute is raising alarms over a new tax bill provision that could drive foreign investors away from American markets. With Section 899 targeting foreign firms, there are concerns it might inadvertently stifle foreign investment in US stocks. Such a shift could lead to significant capital outflow, jeopardizing the stability of US businesses.

Chinese electric vehicle manufacturers are making waves in international markets, sparking a competitive frenzy among traditional automakers. This surge raises alarms about potential cybersecurity threats, prompting governments to implement tariffs as a precaution. In response, European auto giants are ramping up their innovation efforts to stay relevant. Notably, BYD has surpassed Tesla to claim the title of leading EV seller.

In a significant move affecting its workforce, Paramount Global has revealed plans to reduce its U.S. staff by 3.5%. This decision stems from ongoing challenges such as cord-cutting and broader economic pressures, compounded by an impending merger with Skydance Media. This isn’t the first time the company has had to make tough choices; similar layoffs were executed in August.

As US-China trade negotiations unfold in London, US stock futures reflect a sense of hesitation. Market participants are keenly observing these discussions, which seek to resolve persistent disputes and mitigate trade frictions. The global economic landscape remains fragile, with investors wary of how these uncertainties may influence growth.

In May, inflation within the Euro zone eased to 1.9%, as reported by Eurostat, dipping below the European Central Bank's target of 2%. This reduction is primarily attributed to a decline in service costs. The ECB is expected to take these figures into account for its forthcoming interest rate decisions.

Last week, mortgage rates nudged down slightly, yet the appetite for new home loans weakened. Despite a dip in applications for both purchases and refinances, the number of purchase applications remained higher than this time last year. The average rate for 30-year fixed mortgages now sits at 6.92%.

In the first quarter of 2025, Australia experienced a sluggish GDP growth of just 0.2%, down from 0.6% in the previous quarter. Annual growth held steady at 1.3%. The economy faced challenges with lackluster household spending, a dip in private investment, and a decline in trade and government expenditure.

In a surprising turn of events, shares of Toyota Industries plummeted following the announcement of Toyota Group's ambitious plan to privatize the company, a deal estimated at a massive 4.7 trillion yen. Investors were left disheartened as the tender offer fell short of expectations.

During the 2025 annual gathering, shareholders of Warner Bros. Discovery voiced their discontent by voting against the proposed executive pay packages. This advisory vote, which focused on CEO David Zaslav and his top team, reflects a growing concern that these leaders are receiving excessive compensation.

In a surprising turn, CrowdStrike's stock took a hit following a revenue forecast that fell short of analyst expectations. The cybersecurity company attributed this setback to adjustments made after a significant outage in July. Meanwhile, the scrutiny from the U.S. Justice Department and SEC regarding their revenue recognition practices adds another layer of complexity.