Peter Cardillo of Spartan Capital Securities anticipates a deal will be worked out regarding tariffs. He believes President Trump’s high tariff threats are negotiating tactics. Cardillo suggests a Russia-Ukraine truce is possible within 50 days due to economic pressures on Russia. He expects a resolution with Mexico and other nations before August 1st.
Apollo Micro Systems shares rally 9% as Q2 net profit jumps 56% YoY
Apollo Micro Systems has reported an impressive rise in Q2 earnings, with net profit soaring by 56% compared to last year. Revenues spiked 72%, hitting