Tesla, Samsung $16B Chip Deal and Trump's Big Tariff Move

Benzinga
•July 28th, 2025
DESCRIPTION
Elon Musk confirmed Tesla as the mystery big-tech firm behind a $16.5 billion chip deal with Samsung, a move that could reshape the AI hardware race. And Apple’s Hollywood bet is paying off—Brad Pitt’s 'F1' film just crossed $500 million at the global box office, making it the company’s biggest theatrical hit ever. Also, Donald Trump just announced a new 15% tariff trade deal with the European Union, putting an end to months of trade uncertainty and hinting at rebate checks for Americans funded by tariff revenue.
Plus, Jim Cramer sounds the alarm on Circle's red-hot stock, questioning the hype behind its stablecoin dominance amid the looming GENIUS Act.
👉 Stay tuned for this fast-paced breakdown of the biggest headlines moving markets today.
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