Investors are loving small and mid-cap stocks right now. Brian Sullivan explains.

"Having a strong border will actually increase wages for American workers," says Omeed Malik on Trump laying out his economic agenda. "We should be caring about American citizens and how we are going to increase wages for them."

“It’s still a relatively small group, a minority of Silicon Valley call them ‘Big-Tech Bigs.’ The vast majority continue to be, if not Biden supporters certainly on the liberal side," says Axios business editor Dan Primack on Silicon Valley support for Donald Trump.

San Francisco mayoral candidate Mark Farrell 🥥🌴 has a plan to revitalize San Francisco’s downtown financial district. CNBC's Kate Rogers reports.

“If the Iranian situation turns from words to action, you could have a real problem,” says Dan Pickering’s Dan Pickering after U.S. officials uncovered an Iranian plot to assassinate Donald Trump.

“What would be the first move of a new FCC commissioner under a new administration?” Brian Sullivan asks Ajit Pai. “Reversing the reinstatement of the net neutrality rules,” says the former The FCC chairman.

Is the market overvaluing a Trump win? Everyone on the train but we may have a new Democrat candidate soon with better odds. Our lead tonight on Last Call plus: Ted Cruz calls in!

“I am having a hard time finding someone who’s not betting on a Trump trade,” says Raymond James’ Edward Mills. “We had 91% of respondents this week say they think that it's going to either be a Republican sweep or a Trump victory.”

Going on Last Call now to talk about the Biden campaign's donor crunch

“At this point, there’s probably no way to build manufacturing in the U.S. without both the incentives plus the tariffs, unfortunately for the tariffs’ side,” says Paula Mints on the future of U.S Solar Manufacturing.

"They say money is the mother's milk of politics, and it has really dried up," says Ben Smith after Jeffrey Katzenberg reportedly warned Pres. Biden that donors' patience is wearing thin. "People have stopped writing checks."

"The path towards a Republican victory is being pronounced by the stock market," says Jeff Kilburg as the Trump trade surges. "But the mass amount of uncertainty can change anything on a dime."

“Do you think Joe Biden will be the Democratic nominee Nov. 5?” asks Brian Sullivan. “I don’t. I think the Democrats are going to pull him off the ballot,” says Sen. Ted Cruz. “Right now, the Democratic Party is in a complete civil war.”

"Are the Mag 7 breaking down?" asks Brian Sullivan. "Yes," says Piper Sandler's Craig Johnson. "These charts are rolling over, and they need to correct further." $AAPL $MSFT $NVDA

“Really, what’s holding things back is this continued conversation about who the nominee is going to be,” says Donna F. Edwards on uncertainty surrounding the Democratic presidential nominee pick. “The president really senses that he has momentum around his base.”

Artificial intelligence is shedding light on consumers who may be "credit invisible." Sharon Epperson reports.

"I still think you will have a different [Democratic] nominee by the time we get to the end of August," says Marc Short on Biden. "You have the Senate Majority Leader going to the incumbent president to tell him he no longer has support among Democratic senators."