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Meta nears $2 trillion market cap, US budget deficit hits $291 billion in July

DeFi Daily News by DeFi Daily News
August 13, 2025
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Meta nears  trillion market cap, US budget deficit hits 1 billion in July
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Morning Brief: Market Sunrise anchor Ramzan Karmali breaks down the latest international market news for August 13, 2025.Meta shares hit an all-time high on Tuesday, pushing the company closer to a $2 trillion market cap. Ramzan breaks down what is pushing the stock up, including strong growth, new AI targeting tools, and the new Threads platform. The US government budget deficit hit $291 billion in July, despite record inflows from tariffs. Federal spending keeps outpacing the revenues collected by the government. For more videos of Morning Brief: Market Sunrise, please visit:
https://finance.yahoo.com/videos/series/morning-brief-market-sunrise/
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Tags: BillionBondsbudgetbusinesscapCurrenciesdeficitEquitiesFXHitsInvestingInvestmentJulyMarketMarketsMetaMoneyNearsNewsNYSEPersonal FinancePoliticsSavingsStock marketstocksTrillionYahoo FinanceYahoo FInance Premium
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