$200B Trade Deal, Tesla’s Fire Risk, & Pharma Power Grab!

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Dear Money Master,

This week starts with a landmark U.S.–Switzerland trade deal that cuts duties to 15% and unlocks $200 billion in Swiss investment for American education, training, and industry. At the same time, U.S. consumers face rising beef prices as new tariffs on key exporters like Brazil and Australia push costs higher across the supply chain.

In technology, top executives warned that soaring valuations may signal a growing AI bubble, while SAP drew criticism for expensive maintenance contracts that strain IT budgets. Tesla confronted new safety concerns as it recalled 10,500 Powerwall 2 units over overheating and fire risks, adding pressure to its home-energy business.

In retail, Under Armour announced a split with Stephen Curry, ending a 13-year partnership and hands full control of Curry Brand to the NBA star. Target, meanwhile, is lowering prices on 3,000 grocery and essential items to attract budget-conscious shoppers. StubHub also surprised investors with an 8% revenue jump and an 11% surge in merchandise sales, highlighting resilient demand for live events.

In healthcare, Merck made a strategic $9.2 billion acquisition of Cidara Therapeutics to strengthen its pipeline ahead of Keytruda’s patent expiration.🌍💼

📰 Your Daily Financial Digest - November 17th, 2025

🌍 Economics, Finance & Retail:

1. U.S. and Switzerland Strike Trade Deal, Cutting Duties to 15% 🇺🇸🇨🇭
   Swiss firms will invest $200B in the U.S. by 2028, including funds for workforce training, giving the U.S. a major capital boost while lowering bilateral trade barriers. Read More

2. Tariffs Fuel Rising U.S. Beef Costs Amid Global Supply Strains 🥩
   Higher duties on Brazilian, Australian, and New Zealand beef are pushing prices up as the U.S. faces cost spikes across feed and farm machinery. Read More

3. Under Armour and Stephen Curry End 13-Year Partnership 🏀
   Curry now fully owns Curry Brand and can choose a new retail partner, marking a strategic shift as Under Armour struggles to reignite sales growth. Read More

4. Target Cuts Prices on 3,000 Grocery & Essential Items 🛒
   The retailer continues its affordability push, adjusting prices across food and household staples as it competes to retain cost-sensitive shoppers heading into year-end. Read More

💻 Technology:

1. Tesla Recalls 10,500 Powerwall 2 Units Over Fire Risk 🔥
   Faulty lithium-ion cells can cause overheating and, in rare cases, smoke or flames, prompting urgent action after reports of malfunction across residential systems.
   Read More

2. Top Tech Leaders Warn AI Valuations May Be Entering Bubble Territory 🤖📉
   Executives say funding is outpacing revenue reality, echoing concerns from Wall Street that inflated expectations could trigger a sharp correction. Read More 

3. SAP Faces Scrutiny Over Costly ERP Maintenance Contracts 💼
   Analysts say mandatory maintenance fees create vendor lock-in, draining IT budgets despite many customers rarely using the services beyond basic security patches. Read More

💹Earnings:

1. Dillard’s Q3 Sales Rise 3% as Accessories and Apparel Lead Gains 🛍️
   Total retail sales hit $1.4B, with strong performance in women’s and children’s categories, signaling resilient demand despite broader retail uncertainty.
   Read More

2. Merck to Acquire Cidara Therapeutics for $9.2B in Flu Drug Push 💊
   The all-cash offer represents a 108.9% premium, giving Merck access to an experimental antiviral as it prepares for Keytruda’s upcoming patent expirations.
   Read More

3. StubHub Posts Strong Q3 as Revenue and Ticket Sales Beat Expectations 🎟️
   The company generated $468.1M in revenue, topping forecasts, while gross merchandise sales reached $2.43B, reflecting robust demand for live events and surpassing Wall Street estimates. Read More

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To your financial empowerment, The Money Masters Team

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DISCLAIMER: This information is for educational purposes only and does not constitute financial advice. The publisher does not accept any responsibility for any losses incurred as a result of actions taken based on the information provided. Always conduct your own research or consult with a financial advisor before making any investment decisions.