Wednesday Afternoon Links

[Reuters] Wall Street stumbles on Netflix results, braces for Tesla 

[Reuters] Exclusive: US considering curbs on exports to China made with US software, sources say

[CNBC] Trump says U.S. cattle ranchers ‘don’t understand’ tariffs after some slam Argentine beef plan

[Axios] The costly flaws in America's high-skilled immigration policy

[AP] USDA is reopening some 2,100 offices to help farmers access $3B in aid despite the ongoing shutdown

[ABC] 'Entirety' of East Wing to be 'modernized' to build Trump ballroom: White House official

[Yahoo/Bloomberg] Roaring AI-Linked Debuts Drive Investors to Seek Pre-IPO Shares

[Reuters] Trump's Milei election warning fuels backlash and 'colonialism' accusations in Argentina

[Yahoo/Bloomberg] Trump, Lula Seek Meeting in Malaysia as Brazil Eyes Tariff Cut

[Reuters] China overtakes US as Germany's top trading partner

[Bloomberg] Private Credit Set to Produce Lower Returns, Sixth Street Says

[Bloomberg] AI-Powered CLO Investor Built an Outsized First Brands Position

[Bloomberg] More Than 13 Million Memecoins Show Urgent Need for Regulation

[Bloomberg] The US Saw a Record $101 Billion in Weather Losses Through June

[Bloomberg] Brazil Sees Corporate Credit Meltdowns as Isolated, Not Systemic

[Bloomberg] All About the Missiles Russia and Ukraine Are Firing

[NYT] China’s Control of Rare Earths Has U.S. Scrambling to Find Alternatives

[WSJ] Trump and Mamdani Look Like Caudillos

[FT] Tariffs are a weaker weapon than Trump thinks

[FT] BDO chief pledges fight over ‘falsehoods’ on First Brands work

[FT] Investors bet on Argentine peso devaluation after weekend elections

[FT] Short sellers blame retail investors for worst returns since 2020