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The Rundown

GM Profits Jump While Sales Fall, Trump Slaps 50% Tariffs on Canada

July 21 · 10 min · 10.6 MB
0:00-10:57

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Market update for Tuesday July 21, 2026

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In today’s episode, Zaid covers:

  • Why a calm S&P 500 is hiding historic volatility beneath the market’s surface

  • Trump’s new 50% tariffs on certain Canadian goods (and the looming legal fight)

  • How GM is growing profits while selling fewer cars

  • Why 3M and Nebius are surging while Equifax gets hammered

  • How the World Cup boosted American hotels, bars and FIFA’s bottom line