Author: usaeverydaylife

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 25, 2025. Jeenah Moon | ReutersS&P 500 futures are near flat Tuesday night, after the benchmark snapped a win streak that brought it to record highs, as investors analyzed earnings reports and awaited the Federal Reserve’s interest rate decision.Futures tied to the broad index were up less than 0.1%, while Nasdaq 100 futures advanced 0.1%. Dow Jones Industrial Average futures lost 23 points.Starbucks shares climbed 4% after the bell after the coffee chain posted stronger-than-expected revenue for the third fiscal quarter. On…

Read More

U.S. Federal Reserve Chair Jerome Powell attends the Federal Reserve’s Integrated Review of the Capital Framework for Large Banks Conference, in Washington, D.C., U.S., July 22, 2025. Ken Cedeno | ReutersConsidering nothing is likely to happen when it comes to major policy decisions, this week’s Federal Reserve meeting is packed with intrigue.When the Federal Open Market Committee releases its interest rate decision Wednesday afternoon, the narrative is almost certain to look a lot like the June meeting, with little changed in the statement and officials again holding off on any cuts.However, several fascinating subplots will be in play. Consider:Two Fed…

Read More

Alphabet CEO Sundar Pichai during the Google I/O developers conference in Mountain View, California, on May 10, 2023.David Paul Morris | Bloomberg | Getty ImagesGoogle executives are pushing employees to act with more urgency in their use of artificial intelligence as the company looks for ways to cut costs. That was the message at an all-hands meeting last week, featuring CEO Sundar Pichai and Brian Saluzzo, who runs the teams building the technical foundation for Google’s flagship products.”Anytime you go through a period of extraordinary investment, you respond by adding a lot of headcount, right?” Pichai said, according to audio…

Read More

Check out the companies making headlines in extended trading: Starbucks — The coffee chain’s shares added 3% in extended trading after revenue for the fiscal third quarter came in higher than expected. Starbucks posted revenue of $9.46 billion, while LSEG consensus estimates called for $9.31 billion. Same-store sales fell for the sixth consecutive quarter, however. Visa — Shares fell 3%. Visa reaffirmed full-year 2025 guidance of low double-digit net revenue growth. Separately, the financial technology company beat expectations on the top and bottom lines in the fiscal third quarter. Visa posted adjusted earnings $2.98 per share on revenue of $10.17…

Read More

Bank of America doesn’t have high expectations for Friday’s job report. The bank anticipates a 60,000 increase in nonfarm payrolls in July, below the 100,000 Dow Jones consensus estimate. “If that forecast is correct, the knee-jerk market response will probably be dovish,” U.S. economist Aditya Bhave said in a note Tuesday. “However, we encourage investors to pay more attention to private payroll growth and the u-rate [unemployment rate].” While government employment jumped in June , that appears to be a seasonal distortion, he noted. He assumes a 25,000 decline in total government payrolls in the Bureau of Labor Statistics data…

Read More

There’s an old saying in the markets; “The longer the base, the higher in space.” Cadence Design Systems ‘CDNS’ just broke from a 16-month base following a strong earnings report. Sixteen months may not seem that ridiculously extended, but for a company that helps the biggest chip makers in the world design, test, and perfect their chips before they even begin manufacturing, and NVDA higher by 84% in that same 16-month period, I think it’s significant. I’ve been watching this name for some time to add to my portfolio and have owned this in the past, but Tuesday morning’s earnings…

Read More

A Nike and Athleta store.Kylie Cooper | Reuters | Michael Brochstein | SOPA Images | LightRocket | Getty ImagesGap’s Athleta has tapped the head of Nike’s women’s business in North America as its next CEO, delivering a blow to the sneaker company as it tries to win back more female shoppers. Maggie Gauger, who has spent more than 20 years at Nike, is the third CEO hired to helm Athleta in the last two years as the women’s athleisure brand’s sales decline. She’ll replace Chris Blakeslee, the former Alo Yoga executive who was hired to replace Mary Beth Laughton in 2023. Under…

Read More