Good morning. Deutsche Bank’s traders reap profits from tariff volatility. The EU and US are working toward a trade deal. And the Switch 2 has become the fastest-selling console in US history. Listen to the day’s top stories.

U.S. stocks advanced on Wednesday and Treasury yields reversed their three-day slide after word of a trade deal between the United States and Japan, while a report of a similar deal with the European Union provided welcome signs of progress in President Donald Trump's multi-front tariff negotiations.

GE Vernova delivered close-to-perfect, better-than-expected second-quarter earnings, and raised its full-year financial guidance. Shares gained 15% on Wednesday, closing at $629.03, while the S&P 500 and Dow Jones Industrial Average added 0.

MrBeast’s new CEO is hitting Wall Street as YouTuber Jimmy Donaldson’s media empire looks to develop long-term brand partnerships and, in turn, unlock more funding for its charitable content.

El repunte de las acciones, que han alcanzado una serie de máximos históricos, muestra signos de agotamiento, mientras los inversionistas analizan una nueva tanda de resultados empresariales y siguen de cerca las últimas noticias del frente comercial.

Tesla had previously reported deliveries of more than 384,000 vehicles in the quarter—a drop of more than 13% from the previous year—with production holding steady at just over 410,000 vehicles. This marks the second quarter in a row of reduced year-over-year deliveries.

Wall Street inched to another record following some mixed profit reports, as General Motors and other big U.S. companies gave updates on how much President Donald Trump’s tariffs are hurting or helping them.

The Treasury Department is gearing up to deliver its first big plans for borrowing during the current quarter since President Donald Trump signed his sweeping package of tax and spending cuts into law on July 4.