CocaβCola is planning to divest Costa Coffee, the chain it acquired seven years ago for nearly Β£4 billion, in a move to reshape its portfolio away from the coffee business. #CocaCola #CostaCoffee #FiatNews
Waymo NYC tests: Alphabetβs Waymo received permission to test up to eight autonomous vehicles in Manhattan and Downtown Brooklyn with a trained specialist onboard who will not actively drive. Testing may run through September with possible extension. Waymo already operates robotaxi services in LA, San Francisco, Atlanta, Phoenix and Austin. #Waymo #Alphabet #FiatNews
US stake in Intel: President Trump announced the US government will take nearly a 10% stake in Intel; shares rose more than 5% on Friday and a further >2% in Monday pre-market. The arrangement could convert CHIPS Act grants into equity. Trump had met Intel CEO Lip-Bu Tan last week and previously called for his resignation. #Intel #FiatNews
Nvidia preview: F2Q26 results are due Wednesday after the close. Analysts expect another strong report but slowing growth due to a high comparable base. Rising contribution from Blackwell should support revenue and profitability. China sales are a wildcard; H20 chip sanctions trimmed up to $8bn from the F2Q26 outlook. Prior H20-related impacts on F1Q26 included -$4.5bn in impairments and -$2.5bn in lost revenue. #Nvidia #FiatNews
Trade policy watch: The US administration is preparing a sector-specific tariff targeting furniture. While economically modest, the move signals the list of sectoral restrictions may not be finished. The note also flagged recent firm-level interventions such as moves involving Intel and Orsted. #trade #FiatNews
Macro calendar: This week brings a revision to US Q2 GDP, Chicago regional activity surveys, consumer confidence indexes and late-month personal income and spending data. The commentary expects these releases to have limited impact on market movements. #GDP #FiatNews
Fed outlook: Fed Chair Powell signaled the Fed will resume cutting interest rates in September, sparking market optimism. Markets now price an additional cut in December and expect rates to fall about 25 bp per quarter next year. The initial market effect faded over the weekend. #Fed #FiatNews
Minneapolis Fed President Neel Kashkari told CNBC that available data point to slowing US economic activity and signaled a tilt toward rate cuts; Paul Krugman also commented publicly on a slowing economy. #economy #FiatNews
Jefferies strategist David Zervos said on CNBC he would cut rates by 50 basis points, calling recent PPI prints volatile "informational noise" and suggesting we may be in the final phase of the inflation battle. #FiatNews
Novo Nordisk, after appointing a new CEO, has implemented a global hiring freeze for nonβcritical roles and signaled further cuts may follow as it refocuses to reclaim leadership in obesity treatments. #NVO #FiatNews
