President Trump’s trade deal with Japan boosts market confidence in larger deals with the EU and China. AT&T expects to save $8 billion from the One Big Beautiful Bill, while Hilton and Hasbro issue bearish earnings reports. Automakers like Toyota benefit from Japan’s 15% tariff rate. Meme stock trade evolves, with Krispy Kreme and GoPro in focus. Otis faces challenges as EPS guidance softens. Tesla’s earnings reveal a struggle to meet expectations, with concerns raised by analysts. CEO Elon Musk faces pressure to revive the company’s stock.

Read more at Yahoo Finance: AT&T poised for a Trump One Big Beautiful Bill Act windfall: Opening Bid top takeaways