Stocks Mixed Ahead of Key Earnings From Alphabet and Tesla

WHO:

Yahoo! Finance Canada - President Trump is involved in trade decisions.

Yahoo! Finance Canada - Elon Musk leads Tesla.

Yahoo! Finance Canada - Pete Hegseth is the US Defense Secretary.

WHAT:

Yahoo! Finance Canada - The Dow Jones Industrial Average rose by 0.3%.

Yahoo! Finance Canada - The S&P 500 added 0.1%.

Yahoo! Finance Canada - The Nasdaq Composite slipped by 0.1%.

Yahoo! Finance Canada - A new 25% tariff targeting Brazil came into effect.

Yahoo! Finance Canada - The US has spent $37.5 billion on the war against Iran.

WHERE:

Yahoo! Finance Canada - The US is conducting airstrikes against Iran.

WHEN:

Yahoo! Finance Canada - Alphabet and Tesla are scheduled to post second quarter results later on the same day.

Yahoo! Finance Canada - IBM is also scheduled to report Q2 results later on the same day.

WHY:

Yahoo! Finance Canada - Investors are weighing whether Google's AI monetization efforts justify surging spending on AI.

Yahoo! Finance Canada - The escalation of the US-Iran war is influencing oil prices.

HOW:

Yahoo! Finance Canada - President Trump is ready to replace expiring 10% global tariffs with more permanent duties, including a potential 100% tariff on imported generic drugs.

(UPDATED July 22, 2026 16:27 UTC)

President Trump is currently involved in trade decisions, including plans to replace expiring 10% global tariffs with more permanent duties, which could include a potential 100% tariff on imported generic drugs. Meanwhile, the Dow Jones Industrial Average rose by 0.3%, the S&P 500 added 0.1%, and the Nasdaq Composite slipped by 0.1%, as investors consider the implications of the ongoing US-Iran war and the new 25% tariff targeting Brazil. Later today, Alphabet and Tesla, along with IBM, are set to report their second quarter results, as the market watches closely for insights into Google's AI monetization efforts amidst rising spending on AI.