The New Sunday Latte — Here’s Your First Taste

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👋 New Format, Same Great Pour

You might’ve noticed — Visual Brunch is spinning off as its own visual brand.
So today, we’re introducing the refreshed Latte Sunday Edition: a smarter, tighter rundown of the signals that matter. Let’s dive in.

New to The Latte? Join Us Here!

🔁 Market Movers

💵 Corporate Buybacks Fuel Market Floor
U.S. companies are on track to buy back $1 trillion in stock this year — giving large caps a soft floor as we enter Q2 earnings.

📈 AI Earnings Power Up
TSMC $TSM ( ▼ 0.88% ) jumped 4.3% last week after an AI-driven beat. All eyes now turn to $NVDA ( ▼ 0.86% ) and $AMD ( ▼ 1.9% ) .

🛍️ Retail Sales Surprise to the Upside
June retail sales rose 0.6%, led by e-commerce, grocery, and apparel — a quiet tailwind for consumer names.

👀 Signals I’m Watching

1. Retail resilience → $WMT ( ▼ 0.61% ) , $ULTA ( ▼ 0.98% ) , and $COST ( ▼ 0.34% ) may see upward earnings revisions

2. Chip strength → If $NVDA ( ▼ 0.86% ) guides strong, AI rotation stays alive

3. Buyback waves → Sweet spot for cash-generating tech and compounders

⚠️ Red Flag to Note

Tariff Talk is Back.
Trump is now demanding a minimum of 15-20% tariffs on imports from the EU. It’s not priced in — and it could be brutal for autos and multinationals.

🔍 Insider Transactions I’m Watching

Forward this table to the friend who always copies insider trades

🚀IPO Watch

Newly-listed:

Circle $CRCL ( ▲ 7.2% ) — up +620%
Stablecoin infra name. They have to prove they deserve their sky-high valuation.

CoreWeave $CRWV ( ▲ 0.47% ) — +207%
GPU cloud backed by Nvidia. Big expectations with volatility caveats.

Chime $CHYM ( ▲ 0.44% ) — -15%
Consumer fintech. Solid debut and solid fundamentals, but weak post-IPO performance. This is actually interesting.💡

📅 Upcoming IPOs to Watch

• Figma: expected Q3 — ~$20B+ valuation

• Bullish: Peter Thiel–backed; Reported a Q1 loss of ~$349M compared to a profit a year earlier; holds ~$1.9B in liquid assets. A major test for appetite in crypto IPOs.

• Gemini: Confidential IPO filing🤫

📬 Closing Note

If your group chat is still debating whether AI or crypto wins 2025, drop this in and let them sip smarter — hit forward.