Here are five key things investors need to know to start the trading day:
1. Chipping in
The U.S. reportedly wants a cut of the revenue from Nvidia‘s and Advanced Micro Devices‘ China sales. The Financial Times reported that the companies have agreed to give the White House 15% of their revenues from chip sales in China. In exchange, the FT said, the chipmakers will get export licenses for Nvidia’s H20 chip and AMD’s MI308 chip. The unprecedented deal follows President Donald Trump’s announcement last week that he planned to impose a 100% tariff on imported semiconductors and chips — unless a company is “building in the United States.” Shares of AMD and Nvidia fell around 2% and 0.8% in Monday’s premarket, respectively. Follow live market updates here.
2. Green Apple
WASHINGTON, DC August 6: US President Donald Trump shakes hands with CEO of Apple Tim Cook during a meeting in the Oval Office of the White House on Wednesday August 6, 2025.
Demetrius Freeman | The Washington Post | Getty Images
Apple investors had a good week. Shares of the company rallied more than 13% for the technology stock’s best weekly performance in just over half a decade. Traders seemed pleased with Apple CEO Tim Cook’s trip to the White House on Wednesday, where he announced plans for expanded domestic investment. However, shares of the iPhone maker slid before the bell on Monday as investors wondered if the rally can continue.
3. The race to buy EVs
Jeep Wrangler 4Xe plug-in hybrids are displayed on the sales lot at Hilltop Chrysler Jeep Dodge Ram on April 05, 2024 in Richmond, California. U.S. car companies are shifting focus from electric vehicles to hybrids as sales of gas-electric hybrid vehicles are surging past sales of electric vehicles.
Justin Sullivan | Getty Images
Electric vehicle sales are surging as consumers rush to take advantage of soon-to-expire tax credits. The tax break, worth as much as $7,500, was initially expected to last through 2032 as part of the Inflation Reduction Act. But Trump’s “big beautiful bill,” signed into law last month, ends the benefit in late September, leading to a frenzy for qualifying cars, CNBC’s Greg Iacurci reports. As one might expect, Trump’s changing EV policies have been a common talking point on automakers’ earnings calls this quarter. Here’s a rundown of what Tesla, General Motors, Ford and Rivian had to say.
4. A new dawn
A pedestrian walks by a Bed Bath and Beyond store on November 04, 2021 in Larkspur, California.
Justin Sullivan | Getty Images
Bed Bath & Beyond is back — well, sort of. CNBC’s Gabrielle Fonrouge reported that the bankrupted home goods chain is being revived by its intellectual property owners under a new name: Bed Bath & Beyond Home. The brand’s first new store opened in Nashville on Friday, with the company saying dozens more could be on the horizon. Since you’re probably thinking it: Yes, the business will accept those iconic 20% off coupons — even if they’re expired.
5. ‘Loud luxury’
Pedestrians walk past a Burberry Group Plc store, left, in the Causeway Bay shopping district of Hong Kong.
Xaume Olleros | Bloomberg | Getty Images
It appears that wealth isn’t whispering these days. Industry analysts told CNBC’s Karen Gilchrist that fashion’s so-called “quiet luxury” trend — defined by expensive yet understated pieces — is falling out of favor as the pendulum swings instead to “loud luxury.” That means big logos and in-your-face branding could be getting more space on runways and store mannequins. Look no further than brands like Burberry and Gucci — the latter of which you may remember from a prior edition of this newsletter has been grappling with plunging sales.
— CNBC’s Erin Doherty, Kif Leswing, Greg Iacurci, Ali McCadden, Gabrielle Fonrouge and Karen Gilchrist contributed to this report.
