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Apple’s $100B U.S. Bet

Apple (Nasdaq: AAPL) CEO Tim Cook joined President Donald Trump at the White House on Wednesday to announce the tech giant will invest an additional $100 billion in US manufacturing over the next four years, bringing the company’s total domestic commitment to $600 billion.

The announcement comes as Trump threatened to impose 100% tariffs on semiconductor imports, though he said Apple would be exempt due to its US manufacturing pledges.

You can read more on the matter here.

What’s going on?

• Mexico Nixes Separate Canada Pact, Still Bets on CUSMA (theDeepDive)

• Ottawa faces growing pressure to loosen foreign homebuying ban (Globe)

• Nova Scotia Bans Forest Access to Prevent Wildfires (theDeepDive)

• Donald Trump and Vladimir Putin to meet in coming days, says Kremlin (FT)

• Apple Announces $100B Manufacturing Investment As Trump Threatens Chip Tariffs (theDeepDive)

• Auto Industry Takes $12 Billion Hit From Trade War (WSJ)

• Tesla, Musk Sued by Shareholders Over Robotaxi Safety Claims (theDeepDive)

• Yukon First Nation to oppose all new mining claims as regional land-use planning process gets started (Globe)

• Federal Court Orders Workday to Reveal Employers in AI Hiring Discrimination Case (theDeepDive)

What’s the latest?

• Real Estate: Montreal-area home sales rose 9.7% year-over-year in July, reaching 3,731 transactions — the highest for the month since 2021. New listings also increased by 9.2%, while active listings rose 2% to 17,395. Median prices continued climbing, led by a 7.9% jump for plexes to $815,000, and a 6.8% rise for single-family homes to $625,000. The market remained strong despite national volatility, outperforming cities like Vancouver and Toronto.

• Education: The U.S. Department of Education has launched early beta testing for the 2026–27 FAFSA, giving limited students access ahead of the full rollout on October 1. Experts say this extended testing phase should help fix technical issues and improve the application process. FAFSA completion is closely tied to college enrollment, yet only 71% of families submitted the form for 2024–25, down from 74% the prior year. Earlier access aims to boost completion rates and improve chances of securing financial aid like Pell Grants.

• Geopolitics: UAE President Mohammed bin Zayed visited Russia to deepen a growing economic and strategic partnership, with trade reaching $11.5 billion — up 68% since 2022. The UAE has avoided Western sanctions on Russia, allowing dual-use goods to flow and hosting over 4,000 Russian firms. Despite U.S. frustration, Trump has not sanctioned the UAE, likely due to its mediation role in the Ukraine war and massive U.S. tech and defense investments. The UAE continues balancing ties between the U.S., Russia, and China based on national interests.

• Amazon : Amazon Web Services has agreed to give U.S. federal agencies up to $1 billion in cloud service discounts through 2028. The deal aims to accelerate cloud migration, AI adoption, and training across government agencies. AWS called it a major step in modernizing public services, while the GSA said it reflects strong public-private collaboration on AI leadership. Similar deals were recently made with Oracle and OpenAI.

• Trade War: Trump’s plan to impose 100% tariffs on non-U.S.-made computer chips has sparked uncertainty for smaller chipmakers and electronics firms, while boosting U.S. semiconductor stock prices. The policy favors companies building U.S. factories — like TSMC and Samsung — but creates confusion around exemptions, particularly for smaller firms importing essential chips. Industry experts warn this could raise prices on goods like vehicles, echoing past inflation caused by chip shortages. The move contrasts with Biden’s CHIPS Act subsidies, signaling Trump’s tariff-driven strategy to force domestic production.

How The Government Will Quietly End The Dollar Using Gold?

The stock market and stuff

• Torex Gold Q2 2025: Revenue Slip, Earnings Drop, Negative Free Cash Flow Despite Record Gold Prices (theDeepDive)

• Royal Gold’s Record Revenue In Q2 2025 Shadows 36% Collapse On Free Cash Flow (theDeepDive)

• Lundin Mining: Cash Flow Craters Despite Posting Revenue, Net Earnings Jump In Q2 2025 (theDeepDive)

• Pan American Silver Books Record Cash Flow In Q2 2025 (theDeepDive)

In the juniors

• Equinox To Sell Nevada Assets To Minera Alamos For US$115 Million (theDeepDive)

• McEwen Sees Revenue Fall In Q2 While Improving Net Income (theDeepDive)

• Trulieve Q2 2025: Wider Net Loss Despite Flat Revenue (theDeepDive)

• Cardiol Therapeutics Releases Positive Topline Results From Phase II Clinical Trial (theDeepDive)

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