SPDR Dow Jones Industrial Average ETF

SPDR S&P 500 ETF Trust

Invesco QQQ Trust Series 1

BrokeCoin is a meme-meets-utility cryptocurrency project operating under the ethos of Transparency, Community, and Respect. Formally registered as an LLC in Wyoming, USA, BrokeCoin is building an expansive ecosystem that combines light-hearted spirit of meme culture with real-world crypto utilities—spanning gaming, staking, NFTs, web services, and an e-commerce platform. Brokecoin believes in developing useful and interesting meme-inspired utilities to both service the crypto industry, and generate value for holders.

Brokecoin

Brokecoin is trending as the community rallies around its listing on Bifinance and the upcoming release of a mobile app. Discussions highlight the coin's resilience, community-driven development, and potential for significant growth. The community emphasizes its unique approach and grind, attracting attention within the Solana meme coin space.

Alibaba Group Holding Ltd. engages in providing technology infrastructure and marketing reach. It operates through the following business segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others segments. The Core Commerce segment consists of platforms operating in retail and wholesale. The China Commerce segment includes China commerce retail and wholesale businesses. The International Commerce segment focuses on international commerce retail and wholesale businesses. The Local Consumer Services segment is involved in To-Home businesses, which include Ele.me, local services and delivery platform, and Taoxianda, and To-Destination segment businesses which include Amap, the provider of mobile digital map, navigation and real-time traffic information, and restaurant and local services guide platform. The Cainiao segment has Cainiao Network and offers domestic and international one-stop-shop logistics services and supply chain management solution. The Cloud segment includes Alibaba Cloud and DingTalk. The company was founded by Chung Tsai and Yun Ma on June 28, 1999 and is headquartered in Hangzhou, China.

Alibaba Group Holding Ltd - ADR

Alibaba Group Holding Ltd

Alibaba is trending as its AI initiatives gain traction, including a major customer win for its AI chips, signaling growing domestic demand and a potential shift away from reliance on US tech. Community members are discussing price targets, Cathie Wood's renewed interest, and the potential impact of geopolitical factors on the stock. Some traders anticipate a continued rally, while others suggest caution due to overbought conditions and potential government actions.

Pyth Network is a decentralised oracle network designed to provide real-time financial market data to decentralised applications (dApps) across multiple blockchains. It allows developer to secure smart contracts with reliable, low-latency market data from institutional sources, and build apps with high-fidelity oracle feeds designed for mission-critical systems.

Pyth Network

Pyth Network is trending as the community anticipates the release of GDP data provided by Pyth. There is also speculation about potential allocations from other projects, like $DJT, with some users suggesting connections to other trending coins. The community is also actively discussing potential price movements and future adoption.

Rigetti Computing, Inc. provides full-stack quantum computing services. It serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. The company was founded by Chad Rigetti in 2013 and is headquartered in Berkeley, CA.

Rigetti Computing Inc

RGTI is trending as retail traders eye further gains, drawing comparisons to Nvidia and Google's YTD performance. Community discussion revolves around the momentum in quantum computing, with some highlighting the company's partnerships and others questioning its valuation relative to revenue. Recent news of government contracts may be contributing to the bullish sentiment.

What is the project about? Pepe is a community based meme token surround the iconic meme Pepe the frog. Pepe aims to leverage the power of such an iconic meme to become the most memeable memecoin in existence.   What makes your project unique? Pepe is here to make memecoins great again. Ushering in a new paradigm for memecoins, Pepe represents the memecoin in it's purest simplicity. With zero taxes, liquidity locked forever, and contract immutable, Pepe is for the people, forever. Pepe is about culture, rallying together a community to have fun and enjoy memes, fueled purely by memetic power.   History of your project. Pepe was stealth launched on Friday, April 14th, 2023.   What’s next for your project? Pepe will focus on developing a tight-knit community around the token and building resources to enrich the communities knowledge and success in crypto through a token gated group, newsletter, and more tools.   What can your token be used for? Pepe can be used to speculate on the power of memes, and does not pretend to be anything more.

Pepe

Pepe is trending as traders discuss potential entry points and whether it's time to 'buy the dip.' Community members are also comparing PEPE to other meme coins, particularly other '4chan frogs' like HONK.X, speculating on which will see the most gains. Some traders also suggest that altcoins and meme coins with real world utility are better long term investments.

Micron Technology, Inc. engages in the provision of innovative memory and storage solutions. It operates through the following segments: Compute and Networking Business Unit (CNBU), Mobile Business Unit (MBU), Embedded Business Unit (EBU), and Storage Business Unit (SBU). The CNBU segment includes memory products and solutions sold into client, cloud server, enterprise, graphics, and networking markets. The MBU segment is involved in memory and storage products sold into smartphone and other mobile-device markets. The EBU segment focuses on memory and storage products sold into automotive, industrial, and consumer Markets. The SBU segment consists of SSDs and component-level solutions sold into enterprise and cloud, client, and consumer storage markets. The company was founded by Ward D. Parkinson, Joseph Leon Parkinson, Dennis Wilson, and Doug Pitman on October 5, 1978 and is headquartered in Boise, ID.

Micron Technology Inc.

Micron Technology Inc

Micron is trending as investors await earnings, with the community actively discussing potential price target increases from analysts. Optimism surrounds Micron's positioning in the AI sector, while some traders express caution, citing the stock's recent run-up and potential for profit-taking. The broader semiconductor sector is being closely watched in relation to Micron's performance.

Applied Digital Corp. is a technology company, which engages in the provision of development and operation of data centers which provide computing power. It operates through the Data Center Hosting Business and HPC Hosting Business segments. The Data Center Hosting Business segment provides energized infrastructure services to crypto mining customers. The HPC Hosting Business segment focuses on the designing, constructing, and operating data centers tailored to support high power density applications like HPC and AI. The company was founded by Wesley Carl Cummins and Jason Zhang in May 2001 and is headquartered in Dallas, TX.

Applied Digital Corporation

APLD is trending amid excitement around potential benefits from Nvidia's AI initiatives and a possible hyperscaler deal, fueling speculation of a short squeeze given the high short interest. The community is actively discussing the company's data center infrastructure and its strategic positioning within the AI sector, as well as potential price targets and the likelihood of an upcoming offering. Chatter about a potential bidding war for the company is also circulating.

Firecoin is a digital asset inspired by the concept of the eternal flame, representing energy, resilience, and guidance. It is designed to act as a decentralized token that embodies light and strength, giving holders a sense of empowerment in the digital economy. The project’s purpose is to create a community-driven ecosystem where Firecoin symbolizes progress, illumination, and the ability to move forward regardless of challenges. By leveraging blockchain technology, Firecoin aims to provide transparency, security, and accessibility to its users while maintaining its thematic connection to the symbolic power of fire.

firecoin

FIRECOIN.X is trending as community members signal their conviction with repeated "I am IN" declarations and calls to "BUY." The enthusiasm suggests many believe FIRECOIN.X is primed for a substantial move, potentially outperforming other tokens on the Solana blockchain.

The 401jk (just kidding) meme is a satirical punch in the gut in the face of the concept of retirement and also the 401k. The 401k total holdings are valued at around $12 trillion USD and it is the most popular retirement savings plan in the US. As time passes forevermore true retirement, or as we like to call it real freedom will only become much harder and harder for people to attain.  Through meme fueled laser focus and cyperphunk ideology the 401jK meme retirement fund token and community aim to point out the absurdities of how rigged our current system is, and how only insiders and those with power are starting the benefit from the increased centralization of cryptocurrency.........while also aiming to flip the $12 trillion USD 401k system to achieve freedom before our backs and knees are breaking.

401jK

401JK.X is trending as a satirical take on traditional retirement plans, with the community rallying around its narrative as a path to early retirement. Many express strong bullish sentiment, citing the project's rapid growth and community-driven approach within the Solana memecoin space. The coin is being positioned as a way to mock the system that has failed many, offering an alternative path to financial freedom.

Churchill Capital Corp. X is a blank check company, which was created for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded by Michael Klein on January 4, 2024 and is headquartered in New York, NY.

Churchill Capital Corp X - Ordinary Shares - Class A

Churchill Capital Corp X 

Churchill Capital Corp X ($CCCX) is trending as it moves closer to merging with Infleqtion, a quantum computing company. Community chatter highlights Infleqtion's existing revenue and partnerships, including ties with NVIDIA, fueling speculation that $CCCX is undervalued compared to its peers in the quantum computing space like $IONQ and $RGTI. Some investors are also closely watching the warrants ($CCCXW), interpreting their activity as a bullish signal.

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U.S. President Donald Trump struck a constructive tone on Tuesday regarding trade negotiations with India and his "very good friend," Indian Prime Minister Narendra Modi, even as he urged European Union officials, behind closed doors, to impose high tariffs on the South Asian nation.Trump reportedly discussed the proposal in a meeting with EU officials on Tuesday, according to a Financial Times&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.ft.com/content/2267eb41-b19a-4a9f-93ca-14ac0343cd77">report</a>, based on information from unnamed U.S. officials, published in the evening. He has asked for up to 100% EU tariffs on imports from India as well as China, in a move aimed at turning up the heat on Moscow to end the war in Ukraine.The two nations heavily purchase Russian oil, something Trump has criticized, saying that it indirectly funds the Ukraine war.Last month, the U.S. announced a 50% tariff rate on Indian exports, in part because of the country's trade with Russia. The move came as a surprise and signaled tensions between the U.S. and India, which have traditionally had friendly relations.&nbsp;&nbsp;&nbsp;About an hour after the FT report, Trump posted on his Truth Social account that the U.S. is working with India to resolve trade barriers."I look forward to speaking with my very good friend, Prime Minister Modi, in the upcoming weeks. I feel certain that there will be no difficulty in coming to a successful conclusion for both of our Great Countries!" he&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://truthsocial.com/@realDonaldTrump/posts/115176472700835865">said</a>.Modi<a target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/narendramodi/status/1965597878237139351">&nbsp;replied</a> through his X account early Wednesday morning (India time), saying the two countries are "close friends and natural partners" and expressing confidence in reaching a trade agreement that benefits both.Meanwhile, Trump told reporters Tuesday evening that he expects to have a call with Russian President Vladimir Putin "this week or early next week". Trump has for months pushed to end the war in Ukraine with limited success, as Russian attacks in the country have intensified in recent weeks.The latest development also follows a seemingly successful summit between Chinese President Xi Jinping, Putin, and Modi last week.The U.S. market has outperformed India’s in terms of growth so far this year, a period marked by intense volatility due to Trump’s ever-evolving tariff plan. The&nbsp;<a href="https://stocktwits.com/symbol/SPY">SPDR S&amp;P 500 ETF Trust (SPY)</a> has gained 10.3%, compared to a 1.6% decline in the&nbsp;<a href="https://stocktwits.com/symbol/INDA">iShares MSCI India ETF (INDA)</a>, which tracks Indian stocks.On Stocktwits, the retail sentiment for SPY remained in the ‘bullish’ zone, while that for INDA dropped to ‘neutral’ from ‘bullish’ the previous day.Editor’s note: This story has been updated with Indian PM Narendra Modi’s reaction to Trump’s Truth Social post.For updates and corrections, email newsroom[at]stocktwits[dot]com.

Donald Trump and Narendra Modi pictured during a joint press conference at the White House on February 13, 2025. (Photo by Andrew Harnik/Getty Images)

Trump Praises ‘Good Friend’ Modi Publicly, But Reportedly Pressures EU Privately To Clamp Down On India With 100% Tariffs

Last month, the U.S. announced a 50% tariff rate on Indian exports, in part because of the country's trade with Russia.

Equity

Last month, the U.S. announced a 50% tariff rate on Indian exports, in part because of the country's trade with Russia.


Tech giant Apple, Inc. (APPL) is making considerable inroads in India, a country where it has expanded its manufacturing presence as well, as the U.S.-China standoff continues to be a headwind.&nbsp;A Bloomberg <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.bloomberg.com/news/articles/2025-09-05/apple-s-india-sales-hit-record-9-billion-after-big-retail-push">report,</a> citing people familiar with the matter, stated that Apple’s sales in India reached $9 billion in the fiscal year that ended in March 2025. This marked a $1 billion (12.5%) increase from the previous fiscal year. In Apple’s fiscal year, which ended in September 2024, its overall revenue increased 2%, with iPhone sales a tad better at 3%.Cupertino’s flagship product, the iPhone, drove the bulk of the sales in India, with MacBook laptops also witnessing a demand surge.&nbsp;<a href="https://stocktwits.com/symbol/AAPL">Apple stock</a> is among the worst-performing mega-cap stocks this year, having pulled back about 4% year-to-date (YTD). On Stocktwits, retail traders were ‘neutral’ (54/100) on the stock as of early Friday, but the message volume remained at ‘normal’ levels.<figure class="image"><img style="aspect-ratio:618/51;" src="https://news.stocktwits-cdn.com/Screenshot_2025_09_05_at_3_36_45_AM_png_f9acf5cd00.webp" alt="Screenshot 2025-09-05 at 3.36.45 AM.png" width="618" height="51"><figcaption>AAPL sentiment and message volume as of 3:30 a.m. ET, Sept. 5 | source: Stocktwits</figcaption></figure>China, which was once the most important market for the Tim Cook-led company from both demand and supply perspectives, has seen a pushback due to tapering demand amid competitive pressure and macroeconomic weakness. After the U.S. President Donald Trump slapped hefty tariffs on exports from China, Apple has shifted most of its U.S.-bound iPhone assembly to India.&nbsp;Acknowledging the untapped market opportunity in India, which was previously overlooked due to the country's price-sensitive consumer base, Apple has opened two additional retail outlets in the country this week.&nbsp;The new outlets are located in Hebbal, Bangalore, and Koregaon Park in Pune, in addition to the existing ones in Delhi and Mumbai, which opened in 2023.Cook posted about the new stories on his X account. “Say hello to Apple Hebbal in Bengaluru and Apple Koregaon Park in Pune! We are thrilled to continue to bring the best of Apple to customers across India at these two new stores,” he said in the post.<img src="https://news.stocktwits-cdn.com/Screenshot_2025_09_05_at_2_53_15_AM_png_3d1746a0e0.webp" alt="Screenshot 2025-09-05 at 2.53.15 AM.png">iPhones, however, remain pricier products in India, the Bloomberg report noted, as it observed that an entry-level iPhone costs $906.39 in India compared to $799 in the U.S., due to higher taxes. Apple has strived to make it affordable to the growing working class in India by offering student rebates, trade-in discounts, and credit card rebates through partnerships with banks.&nbsp;Counterpoint Research stated in a report that the iPhone 16 was the most shipped device in India during the June quarter, as the ultra-premium segment outperformed the overall smartphone market.For updates and corrections, email newsroom[at]stocktwits[dot]com.Read Next:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/what-happened-at-trump-s-white-house-dinner-for-tech-ce-os/chwIclaRdpQ">What Happened At Trump's White House Dinner For Tech CEOs — And Why Elon Musk Was Nowhere To Be Seen</a>

 View of iPhone 16 models kept on display at the Apple store in Bandra Kurla Complex (BKC) in Mumbai. 

Apple’s India Sales Hit Record $9B As iPhone Demand Surges: 2 New Stores Open

In India, Cupertino’s flagship product, the iPhone, drove the bulk of the sales, with MacBook laptops also witnessing a demand surge. 

U.S. President Donald Trump's foreign and trade policies are redrawing the dynamics among countries that find themselves on the losing side of his agenda.A new report by Bloomberg, published on Thursday, stated that China reached out to India in March, and India began responding constructively in June as India's trade negotiations with the U.S.&nbsp;became contentious.&nbsp;Chinese President Xi Jinping wrote a letter to Indian President Droupadi Murmu, expressing concerns about any U.S. deals that would harm China’s interests and suggesting engagement to improve India-China ties, Bloomberg&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.bloomberg.com/news/articles/2025-08-28/secret-xi-letter-revived-india-ties-after-trump-tariff-barrage">reported</a>, citing an unnamed Indian official.Xi’s letter named a provincial official who would steer Beijing’s efforts. The message was also passed on to Indian Prime Minister Narendra Modi at the time.By August, Indo-Chinese ties appeared to have moved past the souring triggered by&nbsp;a major border skirmish in 2020, with Modi scheduled to visit China for the first time in seven years this weekend.The U.S. has been high-handed with China, setting insurmountable import duties on the country just after Trump first announced the tariff rates for all countries in April.After multiple revisions and rollovers, the current rates are lower, with the U.S. and China engaged in talks for a permanent agreement, giving global markets some relief.India's negotiations with its long-time friendly partner soured rather abruptly when Trump last month accused India of supporting Russia and its war in Ukraine by buying large quantities of Russian oil. The U.S. imposed a steep 50% tariff rate on Indian imports in retaliation.In July, Indian External Affairs Minister Subrahmanyam Jaishankar met with his Chinese counterpart, Wang Yi, in Beijing,&nbsp;marking the first such visit in five years. China assured India of supplies of fertilizer and rare earths during the meeting, and in the coming weeks, a series of steps were taken to improve ties.According to Bloomberg, direct flights between India and China&nbsp;are expected to resume next month. Beijing has eased curbs on urea shipments, while India has resumed tourist visas for Chinese nationals.India's Adani Group is also exploring a tie-up with Chinese EV giant BYD, which would allow the conglomerate to manufacture batteries in India.For now, the moves to normalize relations between New Delhi and Beijing remain incremental, according to the report.In a separate&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/kim-putin-xi-to-stand-shoulder-to-shoulder-in-beijing-parade-amid-growing-tensions-with-trump/chsCCssRdlu">development</a>, North&nbsp;Korean leader Kim Jong Un has accepted Xi's invitation to attend a parade in Beijing next month, alongside Russian President Vladimir Putin. It would be the first in-person meeting between Kim and Xi since 2019.For updates and corrections, email newsroom[at]stocktwits[dot]com.Read Next:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/alibaba-seeks-6-5-b-loan-refinancing-as-it-pours-cash-into-cloud-ai-and-food-delivery-wars-report/chs6bCXRdl6">Alibaba Seeks $6.5B Loan Refinancing As It Pours Cash Into Cloud, AI And Food Delivery Wars: Report</a>

Indian Prime Minister Narendra Modi (L) with Chinese President Xi Jinping (R) prior to the dinner on September 4, 2017 in Xiamen, China. (Photo by Mikhail Svetlov/Getty Images)

Trump Tariffs Pushed China's Xi To Quietly Court India, Triggering Rare Cooperation Between Asian Rivals: Report

China first reached out to India in March to improve ties, and both sides have been engaging constructively since June.

White House trade adviser Peter Navarro escalated criticism of India on Wednesday, accusing Prime Minister Narendra Modi of financing Russia’s war in Ukraine through discounted oil purchases and dubbing the conflict “Modi’s war.”&nbsp;His comments came hours after the Trump administration doubled tariffs on Indian goods to 50%, the highest reciprocal levies in Asia, affecting more than 55% of shipments to the U.S, though electronics and pharmaceuticals remain exempt, according to a Bloomberg&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.bloomberg.com/news/articles/2025-08-27/navarro-calls-ukraine-modi-s-war-hits-india-over-russian-oil">report</a>.&nbsp;Navarro said India’s actions undermine U.S. workers, businesses, and taxpayers, while describing New Delhi’s stance as “arrogant” and urging it to “act like the world’s biggest democracy.” The trade adviser argued that cheaper Russian oil helps the Kremlin sustain its war while costing Americans jobs and income.The tariff hike follows months of stalled negotiations, as India has objected to Washington’s protectionist policies, particularly those affecting agriculture.&nbsp;Meanwhile, New Delhi has defended its continued Russian crude imports as necessary to contain domestic energy costs, calling U.S. measures “unfair, unjustified and unreasonable.”Although Russia’s oil exports are not sanctioned, with the U.S. and G7 previously endorsing purchases under a $60-per-barrel price cap,&nbsp; India has become one of the largest buyers of seaborne Russian crude since 2022.China remains Moscow’s largest customer, though the Trump administration has maintained a softer approach toward Beijing as part of a broader trade truce.Trump has pledged to end the war but has so far failed to bring Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy to the table, despite direct meetings with both leaders.&nbsp;He has warned of “very serious” consequences if peace efforts stall, though no new penalties have been imposed.On Stocktwits, retail sentiment was reported as ‘bullish’ on the SPDR S&amp;P 500 ETF Trust (SPY) and ‘bearish’ on the Invesco QQQ Trust (QQQ), both with ‘normal’ message volume, while sentiment on the iShares MSCI India ETF (INDA) was ‘neutral’ with ‘high’ message volume.So far this year,&nbsp;<a href="https://stocktwits.com/symbol/SPY">SPY</a> is up 11%,&nbsp;<a href="https://stocktwits.com/symbol/QQQ">QQQ</a> gained 12.5%, while&nbsp;<a href="https://stocktwits.com/symbol/INDA">INDA</a> inched up 0.1%.For updates and corrections, email newsroom[at]stocktwits[dot]com.

Peter Navarro, former White House trade adviser, speaks during the third day of Republican National Convention at the Fiserv Forum in Milwaukee, Wisconsin, United States, on July 17, 2024. (Photo by Jacek Boczarski/Anadolu via Getty Images)

Navarro Slams India Over Discount Crude — Says ‘Modi’s War’ Is Funding Russia’s Military Effort In Ukraine

The remarks followed Washington’s decision to double tariffs on Indian goods to 50%, deepening tensions after stalled trade talks and New Delhi’s defense of its energy ties with Moscow.

OpenAI on Tuesday announced its cheapest ChatGPT subscription plan yet, starting with a rollout in India, according to a company blog post.The effort is meant to attract more users in India, the world's most populous country, and already ChatGPT's&nbsp;second-largest&nbsp;market.The new ChatGPT Go plan is priced at 399 rupees ($4.57) a month. That compares to the $20-a-month ChatGPT Plus, the most affordable plan earlier.The move echoes a similar strategy by streaming giant Netflix, which introduced a cheaper plan for mobile-only use, initially in India before expanding to other markets.Announcing the launch on the social media platform X, Vice President and head of the ChatGPT app Nick Turley <a target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/nickaturley/status/1957613818902892985">said</a> ChatGPT Go offers users 10 times higher message limits, image generation, and file uploads, and twice the memory compared to the free version."Making ChatGPT more affordable has been a key ask from users! We're rolling out Go in India first and will learn from feedback before expanding to other countries," Turley added.OpenAI currently offers two other paid plans: ChatGPT Plus, which costs 1,999 rupees a month in India or $20 internationally, and its top-tier ChatGPT Pro,&nbsp;which is priced at 19,900 rupees a month in India or $200 internationally.The development comes as rival Perplexity offers its Pro subscription, for free over a limited time, to top Indian colleges and to users through a partnership with telecom company Airtel.<a href="https://stocktwits.com/symbol/OPENAI">OpenAI</a> has accelerated the pace of new rollouts this year, with ChatGPT-5 being its biggest product update in the recent past. The company, with a nearly $1 billion a month revenue rate and about 700 million monthly active users for ChatGPT, is widely regarded as the top AI company in the world.For updates and corrections, email newsroom[at]stocktwits[dot]com.Read Next:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/ex-jpm-strategist-sees-ai-bubble-building-after-mit-study-shows-95-of-enterprises-invested-in-gen-ai-have-generated-zero-returns/chsg77MRdg2">Ex-JPM Strategist Sees 'AI Bubble' Building After MIT Study Shows 95% Of Enterprises Invested in GenAI Have Generated ‘Zero’ Returns</a>

ChatGPT on App Store displayed on a phone screen. (Photo by Jakub Porzycki/NurPhoto via Getty Images)

OpenAI Channels Netflix Playbook, Introduces Budget ChatGPT Tier In India First 

In 2019, Netflix introduced a cheaper plan for mobile-only use, initially in India before expanding to other markets.

India’s Prime Minister Narendra Modi used his Independence Day address to push for deeper self-reliance and unveil fresh tax reforms, just days after U.S. President Donald Trump doubled tariffs on Indian goods to 50% over its continued oil trade with Russia.&nbsp;Speaking from New Delhi’s Red Fort, Modi urged citizens to produce high-quality goods domestically and achieve self-sufficiency in energy, minerals, technology, and defense, warning against rising “economic selfishness” worldwide, according to a Bloomberg&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.bloomberg.com/news/articles/2025-08-15/modi-assails-economic-selfishness-in-defiance-of-trump-tariffs">report</a>.&nbsp;The 103-minute speech took place against the backdrop of worsening trade tensions that New Delhi has branded as “unfair, unjustified, and unreasonable.”&nbsp;The tariff hike, which analysts say could cost India nearly 1% of GDP, has also prompted a diplomatic reset with Beijing.&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/india-china-are-reportedly-poised-for-a-trade-reset-on-rare-earths-fertilizers-pharma-amid-us-tariff-strain/chsRJsGRdaS">Modi will visit China</a> for the Aug. 31–Sept. 1 Shanghai Cooperation Organisation summit, his first in seven years, where discussions on resuming key trade in rare earth magnets, fertilizers, and pharmaceuticals are expected.The Prime Minister said the government will roll out “next-generation” Goods and Services Tax reforms by October to lower the burden on businesses, particularly small and medium enterprises.&nbsp;He also pledged a “new normal” in security policy, rejecting nuclear blackmail and vowing an indigenously built precision defense system.&nbsp;A new task force will be&nbsp;established to implement time-bound policy changes, with Modi describing the moment as an opportunity to “visualize big dreams” and “make history.”On Stocktwits, retail sentiment for the SPDR S&amp;P 500 ETF Trust (SPY) was ‘neutral’ with ‘normal’ message volume.&nbsp;The Invesco QQQ Trust (QQQ) also saw ‘neutral’ sentiment but with ‘high’ message volume, while the Nippon India ETF Nifty BeES (NiftyBees) recorded ‘neutral’ sentiment with ‘extremely low’ message volume.Sentiment for the iShares MSCI India ETF (INDA) was ‘bearish’ with ‘normal’ message volume.So far this year,&nbsp;<a href="https://stocktwits.com/symbol/SPY">SPY</a> is up 10.7% and&nbsp;<a href="https://stocktwits.com/symbol/QQQ">QQQ</a> has gained 13.7%, both outperforming&nbsp;<a href="https://stocktwits.com/symbol/NIFTYBEES.NSE">NiftyBees</a> at 4.8% and&nbsp;<a href="https://stocktwits.com/symbol/INDA">INDA</a>, which is down 0.4%.For updates and corrections, email newsroom[at]stocktwits[dot]com.

Prime Minister Narendra Modi of India gestures during a press conference with Britain's Prime Minister Keir Starmer after signing a free trade agreement at Chequers. (Photo by Kin Cheung - WPA Pool/Getty Images)

India PM Modi Calls For More Economic Self-Reliance, Unveils Tax Relief In Aftermath Of Trump’s Tariff Shock

Modi’s remarks come as US-India trade tensions escalate following steep tariff hikes, with upcoming talks in China expected to focus on reviving key commodity flows.

Trump announces 25% tariff on India over Russia ties

Investing.com -- President Trump announced on Wednesday that the United States will impose a 25% tariff plus penalties on India starting August 1, citing the country’s purchases of Russian military equipment and energy.

India could&nbsp;face a tariff higher than the rate agreed upon for some of its Asian peers, even as negotiations between Washington and New Delhi progress toward the final stage.Speaking aboard Air Force One while returning&nbsp;from a five-day visit&nbsp;to Scotland, President Donald Trump hinted at a 20%-25% rate that could apply to India, Bloomberg&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.bloomberg.com/news/articles/2025-07-29/trump-says-india-may-pay-20-to-25-tariff-but-not-yet-final">reported.</a> He, however, clarified that the final rates have not been determined.“India has been a good friend, but India has charged basically more tariffs than almost any other country,” Trump told reporters. “You just can’t do that.”The stock market&nbsp;has shown little excitement over the trade deals the Trump administration has clinched with major trading partners, such as Japan and the European Union (EU).On Tuesday, the S&amp;P 500 Index, a measure of broader market performance, closed shy of its record high.The&nbsp;<a href="https://stocktwits.com/symbol/SPY">SPDR S&amp;P 500 ETF (SPY)</a>, an exchange-traded fund that tracks the performance of the S&amp;P 500 Index, has risen 9% year-to-date, while the&nbsp;<a href="https://stocktwits.com/symbol/INDA">iShares MSCI India ETF (INDA)</a> is up a more modest 1.6%.The SPY was among the top five active tickers on Stocktwits late Tuesday, ahead of the big tech earnings and the Federal Reserve’s rate-setting meeting. Sentiment toward the ETF has moved into ‘extremely bullish’ territory as traders discussed the earnings season and geopolitical tensions.The rate flagged by Trump aligned with the levy suggested by a Reuters&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.reuters.com/world/india/india-braces-higher-us-tariffs-eyes-broader-trade-deal-sources-say-2025-07-29/">report</a>, which cited two government officials, stating that India was bracing for a 20%-25% tariff as part of a temporary agreement amid its unwillingness to make concessions on certain items.The goal is to have a final, comprehensive deal in place by September or October.While the “Liberation Day” tariffs were announced first on April 2, Trump imposed a 26% levy on exports from India, in addition to a 10% across-the-board baseline tariff. The implementation of the reciprocal tariff was subsequently paused for 90 days until July 9 and has since been extended to Aug. 1.India was not among the recipients of a series of letters Trump sent to several major trading partners since the deadline extension, communicating revised tariffs.Last week, Indian Commerce Minister Piyush Goyal expressed confidence that India would receive&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/india-wants-tariff-edge-over-rivals-as-commerce-minister-hails-exceedingly-good-progress/choGV3oR5vT">preferential treatment</a> relative to its peers and competitors, reasoning that it was among the first countries to initiate trade deal negotiations with the U.S.New Delhi has reportedly conveyed to the U.S. about specific items that it wouldn’t compromise on, including the disallowance of exports of genetically modified crops and the opening up of the domestic dairy and automobile industries. The country, however, was willing to allow zero tariffs on goods, such as auto parts and pharmaceutical products.&nbsp;U.S. Trade Representative Jamieson Greer reportedly stated on Monday that Washington requires additional time to assess India’s willingness to open its market to American exports.For updates and corrections, email newsroom[at]stocktwits[dot]com.Read Next:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/this-confectionery-stock-turned-retail-investors-cautious-ahead-of-earnings-but-wall-street-has-a-different-take/choaPg7R5yn">This Confectionery Stock Turned Retail Investors Cautious Ahead Of Earnings, But Wall Street Has A Different Take</a>

U.S. President Donald Trump walks across the South Lawn of the White House after returning on Marine One on July 29, 2025 in Washington, DC. 

Trump Warns ‘Good Friend’ India May Be Hit With 25% Tariff: ‘You Just Can’t Do That’

New Delhi has reportedly conveyed to the U.S. specific items that it will not compromise on, including the prohibition on exports of genetically modified crops and the opening up of the domestic dairy and automobile industries.

Apple, Inc.’s (AAPL) efforts to diversify its production away from China amid the U.S.-China trade standoff are progressing well, going by data released by a market research firm.Data from Canalys, now part of Omdia, showed that “Made-in-India” smartphone shipments to the U.S. increased by 240% year-over-year (YoY) in the second quarter. India-made smartphones accounted for 44% of the smartphones shipped to the U.S. during the second quarter.This marked a sharp rise from the 13% share India held in the second quarter of 2024.India’s gain translated to a loss for China, as “Made-in-China” smartphone shipments to the U.S. accounted for 25% of the total, down notably from 61% in the year-ago quarter.Vietnam’s share of smartphone shipments to the U.S. was 30%, up from 24% a year ago.Even as overall second-quarter global smartphone sales fell 11% YoY to 13.3 million, moderating from the 25% growth in the first quarter, U.S. shipments edged up 1%, benefiting from the pull-forward effect from Trump tariff threats.“India became the leading manufacturing hub for smartphones sold in the US for the very first time in Q2 2025, largely driven by Apple’s accelerated supply chain shift to India amid an uncertain trade landscape between the US and China,” said Sanyam Chaurasia, Principal Analyst at Canalys.“Apple has scaled up its production capacity in India over the last several years as a part of its ‘China Plus One’ strategy and has opted to dedicate most of its export capacity in India to supply the US market so far in 2025.”Despite&nbsp;<a href="https://stocktwits.com/symbol/AAPL">Apple stock</a> languishing amid concerns over stagnant iPhone sales, the tech giant took the pole position in second-quarter smartphone sales. Canalys data showed Apple shipping 13.3 million iPhones in the second quarter, giving it a 49% share of the market. This, however, marked an 11% YoY fall.Samsung took second place, with shipments of 8.3 million and a 31% market share.On Stocktwits, sentiment toward Apple stock remained ‘bullish’ (56/100) early Tuesday, but the message volume stayed at ‘normal’ levels.<figure class="image"><img style="aspect-ratio:620/52;" src="https://news.stocktwits-cdn.com/Screenshot_2025_07_29_at_3_42_29_AM_png_d4993cb96f.webp" alt="Screenshot 2025-07-29 at 3.42.29 AM.png" width="620" height="52"><figcaption>AAPL stock sentiment and message volume as of 3:40 a.m. ET, July 29 | source: Stocktwits</figcaption></figure>Apple stock has fallen over 14% year-to-date,&nbsp;For updates and corrections, email newsroom[at]stocktwits[dot]com.Read Next:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/nvidia-stock-on-track-for-fresh-peak-after-reportedly-ordering-300-k-h20-ai-chips/cho9NZLR5U3">Nvidia Stock On Track For Fresh Peak After Reportedly Ordering 300K H20 AI Chips From TSMC — Retail Optimism Grows</a>

Customers browse iPhone 16 on the launch day of the iPhone 16 series at Apple BKC, in Mumbai, India, on September 20, 2024. 

India Dethrones China As Top Smartphone Shipper To US In Q2 As Apple’s Supply‑Chain Shift Gains Traction 

Even as overall second-quarter global smartphone sales fell 11% YoY to 13.3 million, moderating from the 25% growth in the first quarter, U.S. shipments edged up 1%.

India, one of Washington’s key allies in Asia, is reportedly seeking preferential trade terms with the U.S. in the ongoing tariff negotiations.India’s Commerce and Industry Minister Piyush Goyal said in an interview with CNBC on Thursday that “India will get a preferential tariff compared to our peers and our competitors, because we were amongst the first to get into negotiations and our discussions, our engagement is truly very, very significant.”President Donald Trump imposed a 26% tariff on India as part of his April 2 “Liberation Day” levies, although he referred to it as a “discounted reciprocal tariff,” arguing that New Delhi had higher tariffs on imports from the U.S.Later, as the U.S. President suspended the implementation of the tariffs across the board, barring a 10% base levy.India did not feature in the list of countries to which Trump sent letters, announcing fresh rates, as the original deadline for the “Liberation Day” tariffs was set to expire.Since Trump extended the tariff deadline to Aug. 1, several Asian countries have struck bilateral pacts with the U.S., with rates of 15% for Japan, 19% for the Philippines and Indonesia, and 20% for Vietnam.Since signals indicating a resolution to the tariff standoff have emerged, the U.S. market has been pushing toward successive new highs. On Thursday, the S&amp;P 500 Index, a measure of the broader U.S. market performance, closed at a record high.The&nbsp;<a href="https://stocktwits.com/symbol/SPY">SPDR S&amp;P 500 ETF (SPY)</a>, an exchange-traded fund that tracks the performance of the S&amp;P 500 Index, has risen 8.9% year-to-date, while the&nbsp;<a href="https://stocktwits.com/symbol/INDA">iShares MSCI India ETF (INDA)</a> is up a more modest 2.70%.Goyal <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.cnbc.com/2025/07/25/india-expects-preferential-tariffs-in-trade-deal-with-us-says-indias-commerce-minister-piyush-goyal.html">expressed</a> satisfaction with the progress made in the trade talks. The negotiations were “progressing extremely well” toward achieving the $500 bilateral trade target by 2030 — a goal previously set by Indian Prime Minister Narendra Modi, he said.&nbsp;He touted the “excellent relations” he shared with his U.S. counterpart, Howard Lutnick. “The United States and India share a very special relationship, and I’m very confident we’ll do a robust and good deal where both countries benefit and where businesses on both sides are happy,” he added.He also said the quest to clinch a U.S. deal is part of India’s deliberate policy to partner with “developed nations who complement the India story” as opposed to its previous stance of forging partnerships with countries seen as direct competitors.According to the Indian Commerce Ministry, there are still wrinkles that need to be ironed out, including protecting the domestic farmers from foreign competition. “The Trump administration, and my counterparts, are equally cognizant and sensitive about our concerns,” he added.Delving into the trade talks, Keshav Murugesh, chairman of the Confederation of Indian Industry UK Business Forum, told CNBC that “India will not be a pushover.” He said both sides are sufficiently motivated, adding that President Trump “and his people want a good deal with India because, let’s face it, India is the future.”India on Thursday successfully finalized a free trade agreement with the U.K., which provides for the lowering of levies on whisky and car imports from the European nation. In return, India will gain tariff-free access to 99% of imports from day one of the agreement.&nbsp;For updates and corrections, email newsroom[at]stocktwits[dot]com.Read Next:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/analysts-hail-alphabet-cloud-surge/ch8z5tBR5H6">Analysts Hail Alphabet’s Cloud Surge, AI Push, Sparking Bullish Retail Buzz</a>

Union Commerce and Industry Minister Piyush Goyal during the American Independence Day celebration in the capital, on July 14, 2024 in New Delhi, India. (Photo by Manoj Verma/Hindustan Times via Getty Images)

India Wants Tariff Edge Over Rivals As Commerce Minister Hails ‘Exceedingly Good’ Progress With US Trade Talks 

President Donald Trump imposed a 26% tariff on India as part of his April 2 “Liberation Day” levies, although he referred to it as a “discounted reciprocal tariff.”

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