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Time:2026-07-02T04:55:17Z

US stock market concentration deepened as just 10 stocks drove nearly all Nasdaq-100 gains in H1 2026. AI and energy upgrades boosted industrial profits globally, reshaping corporate rankings. Trump moved to abandon his own signature trade deal but faced legal and procedural obstacles. His crypto ventures pulled in over $1 billion in his first year back in office, making him the most financially lucrative ex-president in US history.

Nasdaq-100 gains driven by just 10 stocks

Nasdaq-100 gains driven by just 10 stocksAlmost all of the Nasdaq-100's first-half 2026 gains came from only 10 stocks, signaling extreme market concentration. Meanwhile, CSM Tech shares debuted flat on Indian exchanges, while analysts flagged Eternal, Hexaware Technologies, and RITES as top stock picks.

AI and energy upgrades lift global industrial profits

AI and energy upgrades lift global industrial profitsAI and energy transformation have significantly boosted industrial profits, especially in China where industrial earnings improved markedly. Forbes reports AI is rewriting the global corporate scoreboard in the Global 2000 ranking. Wall Street remains divided over Meta's cloud pivot strategy.

Trump seeks to abandon his own trade deal

Trump seeks to abandon his own trade dealPresident Trump wants to scrap his signature trade deal but faces significant legal and procedural challenges. CNBC reports the deal is getting renewed scrutiny from markets. NPR notes the irony of Trump trying to rip up an agreement he himself championed as the 'best ever.'

Trump made over $1 billion from crypto ventures

Trump made over $1 billion from crypto venturesPresident Trump earned more than $1 billion from cryptocurrency ventures in his first year back in office, according to multiple reports. AP News reports his total crypto-related income reached approximately $1.2 billion. The NYT notes that while Trump reaped huge windfalls, many ordinary crypto investors suffered significant losses.

Trump's presidential finances in historical perspective

Trump's presidential finances in historical perspectiveBBC compares Trump's financial windfall to all former US presidents, noting no other president has come close to his post-White House earnings. Key takeaways from Trump's 2025 financial disclosure include revenue from Bibles, Home Alone licensing, and perfume. Forbes reports Mar-a-Lago revenue surged 55% after Trump returned to power.