WASHINGTON/NEW YORK (Reuters) -President Donald Trump's Department of Government Efficiency initiative has pushed the U.S. markets watchdog to loosen Wall Street rules around blank-check companies and confidential reporting by private investment funds, according to two people familiar with the matter.
Goldman Traders Say Stock Rally to Go On Before Fading in August “We think this rally will continue for the next couple weeks but lose steam into August,” they wrote in a note to clients on Monday. Historical precedent suggests the S&P 500 can continue its 25% rally from April lows. The last time the benchmark index lost ground during the month of July was 2014. “We are entering the strongest month for the S&P historically July brings an average return of 1.67% looking back to 1928,” said the Goldman flow specialists, noting that the first two weeks of the month are traditionally the best span of the year for stocks.
(Bloomberg) -- When a tariff bill for almost $11,000 arrived without warning, Robert Keeley reached for one of his last financial lifelines and cashed in 1.83 million American Express reward points to pay it. “It’s like a needle pin holding back a crack in the dam,” said Keeley, who runs Keeley Electronics, a guitar-pedal manufacturer with 35 employees in Oklahoma City. Keeley’s scramble is part of a broader reckoning for America’s smaller businesses, which are being whipsawed by volatile trade policies. Another blow could land on July 9, the deadline President Donald Trump has imposed on other countries to secure trade deals with the US to avoid higher tariffs. The stakes are especially high for manufacturers with fewer than 100 employees, which account for 93% of the roughly 240,000 US industrial firms. Unlike global conglomerates, these companies often lack the cash reserves, lobbying muscle or supply-chain flexibility to absorb steep tariff hikes or pivot production. Among those feeling the pressure are a tight-knit group of guitar-pedal manufacturers like Keeley, who run boutique businesses that build the stomp boxes that shape the sound of music. The niche industry offers a window into the economic toll of tariff whiplash on smaller firms. Painful Twist To survive, pedal builders are doing something unusual in a competitive business: turning to one another for help. The alliance was started by Julie Robbins, 46, chief executive officer of EarthQuaker Devices in Akron, Ohio. To avoid layoffs among her 35 workers, Robbins tapped the company’s credit line. But she fears that strategy won’t hold and is considering moving some production overseas — a painful twist, given the tariffs were meant to bring jobs home. Trump, speaking last week at the NATO summit in The Hague, said the levies are spurring manufacturers to reshore production. “Factories are being built because they don’t want to pay the tariffs,” he said. And some large companies have promised to invest in domestic manufacturing. Apple Inc. alone plans to spend more than $500 billion in the US over the next four years. But small manufacturers tend not to have the deep pockets or flexibility needed to rebuild supply chains. Many, like EarthQuaker, rely on imported components. The company sources circuit boards, resistors and transistors from China for pedals used by bands including the Black Keys and Guided By Voices. Jon Cusack, 55, runs a pedal manufacturer in Holland, Michigan, that builds delay, reverb and other stomp boxes for his brands and other firms. He said he spent $200,000 on inventory before tariffs took effect, draining his savings. “I’ve gotten to the point where my slush funds are all gone, and I still am facing several tariff bills coming up,” said Cusack, whose 30-person company had revenue of $3.9 million last year. “Can we survive three months, six months, you know, a year? My next step is to mortgage the house, and I really don’t want to do that.” #destructionofAmerica
On May 13, 2025, the company announced entering into a definitive agreement to acquire oil, gas, and mineral assets from White Rock Energy, LLC. The acquisition, valued at $350 million, with an additional $70 million payable a year after closing, involved the company’s subsidiary, Morningstar Operating LLC, partnering with North Hudson Resource Partners LP. Following the announcement, on May 20, 2025, TXO Partners, L.P. (NYSE:TXO) saw insider buying from William H. Adams III, who acquired 10,000 shares at $15.26 each, committing $152,600 to the transaction. <<< You may remember we fell for this IB at the time >>> The purchase increases the insider optimism for the company, and with the stock now trading at a bargain price of $15.16 and offering a high dividend yield of 15.63%, income-focused investors are provided with a slightly discounted entry point. The company experienced a significant movement in its insider transactions following the announcement of an acquisition deal in May. TXO Partners’ Dividend Stands Out Amid Insider Buying and Acquisition News
NYSE - Delayed Quote•USD TXO Partners, L.P.(TXO) 52 week range $14.78----$21.72 15.04 -0.18 (-1.18%) At close: June 30 at 4:00:02 PM EDT 14.94 -0.08 (-0.53%) Pre-Market: 8:00:00 AM EDT Forward Dividend & Yield2.37 (15.76%)
If only we had held! You and I had this @$8! I tought my son a valuable lesson on how to sell to soon./////// ATAI Atai Life Sciences N.V.- Lets get trippy! $2.19-0.01(-0.45%)4:00 PM 06/30/25 NASDAQ |$USD |Pre-Market:$2.79+0.60(+27.40%)9:00 AM
We were talking about EOSE yesterday and here is another interesting smalL player like EOSE or SABLE some of our big scores/ Company Profile EON Resources Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and production of oil and natural gas properties in the Permian Basin. It holds a 100% working interest in the property that consists of 342 producing wells, as well as 207 water injection wells and one water source well covering an area of approximately 13,700 acres. The company was formerly known as HNR Acquisition Corp and changed its name atop EON Resources Inc. in September 2024. EON Resources Inc. was founded in 2017 and is headquartered in Houston, Texas. 12 employees Dec 25' qtr - est = $20 mil rev Dec 26' qtr est = $45 mil rev LONGSHOT ALERT!!!!! EONR EON Resources Inc. $0.35 (+0.17%)4:00 PM 06/30/25 NYSE |$USD |Pre-Market:$0.35+0.01(+1.79%)8:51 AM