Among companies with a market capitalization of at least $10 billion, the top performer last week was Futu Holdings Limited, a Chinese tech company providing digital brokerage services. Its shares rose by 21.81%, reaching $149.99. Next came Venture Global, Inc., a U.S. energy company exporting liquefied natural gas (LNG), whose stock climbed 17.94% to $17.88. Rounding out the top three was Delta Air Lines, Inc., which saw a 13.30% increase after releasing stronger-than-expected earnings forecasts. The company indicated that airline bookings had stabilized after a steep decline earlier this year. Its share price reached $56.65.

On the losing end, the biggest drop was seen by CoreWeave, Inc., a cloud computing services provider. Its shares fell 21.20%, landing at $125.84. Next was Fair Isaac Corporation (FICO), a leading U.S. credit rating and analytics firm, which declined 17.41% to $1,544.23. Third was Atlassian Corporation, known for tools like Jira and Confluence, with a 13.44% decrease, closing at $187.01.

U.S. stock markets ended the week slightly lower. The S&P 500 index fell by 0.3%, the Nasdaq by 0.1%, and the Dow Jones by 1%. The downturn was fueled by renewed concerns over global trade tensions. U.S. President Donald Trump announced a 35% tariff on imports from Canada and hinted at broader tariff measures against other countries.

European stock markets also opened this week in the red. Investors reacted to Trump’s weekend statement about imposing a 30% tariff on goods imported from the EU and Mexico starting August 1. The STOXX 600 index began Monday with a 0.5% drop, mainly due to declines in auto stocks. Shares in Porsche, BMW, Mercedes-Benz, and Volkswagen fell by up to 2.4%. In this environment, global markets also began the week with losses — the MSCI World Index dropped by 0.1%. The UK’s FTSE 100, however, rose 0.4%, diverging from the global trend.

Trade worries also impacted investment funds. In the week ending July 9, net inflows into U.S. equity funds fell sharply to $2.1 billion, compared to $31.6 billion the week before. Outflows from money market funds totaled $9.8 billion, ending a two-week inflow streak. Inflows into bond funds declined to a three-week low of $4.3 billion.

Nvidia's market capitalization surpassed $4 trillion for the first time last Thursday, reinforcing its leadership in the artificial intelligence sector. The chipmaker’s shares rose 0.75% to $164.1, driven by strong demand for its high-performance processors that power AI data centers used by Microsoft, Amazon, Alphabet, and Meta.

BMW shares rose 4.4% last Thursday after the company reaffirmed its 5–7% profit margin target for both Q2 and the full year. Analysts welcomed the outlook as a sign of stability, especially amid global tariff pressures and challenges in the Chinese market.

Shares of India’s Glenmark Pharmaceuticals jumped 10% following a major licensing agreement with U.S.-based AbbVie. The deal gives AbbVie rights to develop and market Glenmark’s new oncology drug (ISB 2001) in several major global markets.

On July 8, 2025, the Armenian securities market hosted a placement of AMD 80 billion in government bonds set to mature on October 29, 2035. The public auction had four participants, with total bids reaching AMD 112.3 billion. The weighted average price of the placed bonds was AMD 94.0411, with a yield of 9.9328%.

On July 14, 2025, another government bond placement occurred in Armenia, this time worth AMD 5 billion, maturing on July 13, 2026. The public auction had three participants, with total bids amounting to AMD 5.863 billion. The weighted average price was AMD 92.4164, and the yield stood at 8.1381%.

In May, the UK economy unexpectedly contracted by 0.1%, raising new concerns about its growth prospects. After a 0.3% decline in April, economists had expected a mild recovery in May, but consecutive contractions now signal a broader slowdown. As a result, markets are anticipating a potential interest rate cut by the Bank of England in August.

In May, the U.S. imported only $556 million worth of clothing from China — the lowest monthly figure in 22 years. The sharp drop is due to extremely high tariffs: since April, the U.S. has imposed a 145% tariff on Chinese clothing imports. Many U.S. retailers have begun sourcing more from Vietnam, Bangladesh, India, and Mexico instead.

Finally, new unemployment claims in the U.S. fell last week to a seven-week low, indicating fewer job cuts than expected. Despite signs of a cooling labor market, most employers continue to hold onto their workforce.

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