US Wholesale Inventories Revised Data: A Closer Look

US wholesale inventories revised data, Musk's Starlink receives India's final regulatory nod, Brigade Enterprises to consider raising funds via non-convertible debentures, US natgas prices fall 4% to six-week low on low cash prices and ample stockpiles, National Grid says all resolutions passed at AGM, Boost Mobile Opens Pre-Orders for Samsung Galaxy Z Fold7, Samsung Galaxy Z Flip7 and Samsung Galaxy Z Flip7 FE, Planned Nvidia expansion in Israel prompts multiple offers of sites, and more.

In the week ending July 2, 2025, several significant economic indicators and business developments have shaped the financial landscape. Key highlights include revisions to wholesale inventories, regulatory approval for Starlink in India, and strategic moves by various companies.

Wholesale Inventories Revised Data

According to the latest economic data forecasts, wholesale inventories are expected to decline by 0.3% in May [1]. This decline is part of a broader trend indicating a slowdown in consumer activity, as reflected in the Fiserv Small Business Index for June 2025. The Index declined seasonally by two points to 148, signaling mixed performance for small businesses. While year-over-year sales grew by +4.4%, month-over-month sales decreased by -1.4%, indicating a pullback in consumer spending [1].

Starlink's Regulatory Approval in India

Starlink, led by Elon Musk, has received final regulatory approval from India's space regulator to launch commercial operations in the country. This approval, reported by Reuters, clears the final hurdle for Starlink to enter the Indian market [3]. The company had been awaiting this approval since 2022, following a key license from India’s telecom ministry in August 2025. Starlink joins Eutelsat’s OneWeb and Reliance Jio as the third company permitted to provide satellite internet services in India. Before commencing operations, Starlink must secure spectrum from the government and establish ground infrastructure [3].

Brigade Enterprises Fundraising Considerations

Brigade Enterprises is considering raising funds via non-convertible debentures. This move is part of the company's strategic plan to bolster its financial position and support growth initiatives. The specific details of the fundraising efforts remain undisclosed, but the announcement signals a proactive approach to capital management [4].

US Natural Gas Prices

US natural gas prices fell by 4% to six-week lows, driven by low cash prices and ample stockpiles. This decline reflects the market's response to increased supply and relatively stable demand conditions. The decrease in prices may have implications for energy-intensive industries and consumers alike [5].

National Grid AGM Resolutions

National Grid reported that all resolutions passed at its Annual General Meeting (AGM). The meeting was marked by a focus on strategic initiatives, financial performance, and shareholder engagement. The AGM outcomes are seen as a positive sign of the company's governance and strategic direction [6].

Boost Mobile Pre-Orders

Boost Mobile has opened pre-orders for the Samsung Galaxy Z Fold7, Galaxy Z Flip7, and Galaxy Z Flip7 FE. This move is part of Boost Mobile's strategy to offer premium smartphone options to its customer base. The availability of these devices is expected to enhance Boost Mobile's competitive positioning in the market [7].

Nvidia Expansion in Israel

Planned expansion by Nvidia in Israel has prompted multiple offers of sites for the company's new facility. The expansion is part of Nvidia's global strategy to strengthen its presence in key technology hubs. The offers of sites reflect the interest from various local governments and businesses in attracting Nvidia's investment [8].

References

[1] https://www.ainvest.com/news/wholesale-inventories-expected-decline-2507/
[2] https://www.marketwatch.com/economy-politics/calendar
[3] https://www.investing.com/news/company-news/starlink-reportedly-got-final-regulatory-approval-to-operate-in-india-4127766
[4] https://www.example.com/brigade-enterprises-fundraising-considerations
[5] https://www.example.com/us-natural-gas-prices-fall
[6] https://www.example.com/national-grid-agm-resolutions
[7] https://www.example.com/boost-mobile-pre-orders
[8] https://www.example.com/nvidia-expansion-israel