Author: usaeverydaylife

Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell on July 18, 2025, in New York City. Angela Weiss | AFP | Getty ImagesStock futures are near flat Tuesday night as investors questioned whether the S&P 500 could continue trading around all-time highs with big tech earnings kicking off.Dow Jones Industrial Average futures gained 46 points, or 0.1%. S&P 500 futures sat near flat, while Nasdaq 100 futures ticked down 0.1%.Those moves follow a second straight day concluding at a high for the S&P 500, which inched up 0.06% in the session. Tuesday…

Read More

Bitcoin has notched new records this year as more investors embrace its digital gold narrative – but Piper Sandler warns the crypto is still vulnerable to stock market moves and could stumble in the coming weeks should worries about tariffs or rates hit risk assets. “We recommend taking profits on stocks that have benefitted most from relief rally since early April,” Michael Kantrowitz, Piper Sandler’s chief investment strategist and head of portfolio strategy, said in a note Tuesday. “Markets have flipped from pricing in an inflationary recession on April 8th to a Goldilocks backdrop today. The stocks most at risk…

Read More

Alphabet and Amazon are buying opportunities ahead of their earnings results, while other plays on artificial intelligence such as Quanta Services are set to get a strong boost, according to Keith Gangl, senior portfolio manager at Gradient Investments. Gangl joined “Power Lunch” on Tuesday to offer his thoughts on the “Magnificent Seven” companies ahead of their quarterly earnings reports this week and next, as well other AI plays. Here are his takes during the “Three-Stock Lunch” segment. Alphabet The Google parent is a buy ahead of its earnings due Wednesday afternoon, the portfolio manager said. The stock has rallied more…

Read More

The Texas Instruments headquarters in Dallas, Texas, on Jan. 21, 2024.N. Johnson | Bloomberg | Getty ImagesTexas Instruments reported second-quarter results on Tuesday that beat analyst expectations for revenue and earnings. but the stock fell in extended trading due to a third-quarter forecast that missed estimates. Here’s how the chipmaker did versus LSEG consensus estimates:Earnings per share: $1.41, vs. $1.35 estimatedRevenue: $4.45 billion, vs. $4.36 billion estimatedTexas Instruments said it expects current quarter earnings between $1.36 and $1.60 per share, while analysts were looking for $1.50 per share. The company forecast revenue of $4.45 billion to $4.8 billion, for a…

Read More

The U.S. and Indonesia agreed to the framework of a trade agreement which would see Jakarta scrap most of its tariffs on American imports, the White House revealed in a joint statement Tuesday afternoon.U.S. tariffs on Indonesian imports would be set at 19% under the deal, which is described in the release as an “Agreement on Reciprocal Trade.”While higher than the 10% baseline tariff that the U.S. has slapped on almost all other countries, the 19% rate is significantly lower than the 32% blanket duty that Indonesia initially faced under President Donald Trump’s “liberation day” tariff plan in April.The joint…

Read More

Jeff Bezos, founder and executive chairman of Amazon, takes the stage during The New York Times’ annual DealBook Summit, at Jazz at Lincoln Center in New York City on Dec. 4, 2024.Michael M. Santiago | Getty ImagesPresident Donald Trump met with Amazon founder Jeff Bezos at the White House last week, CNBC has learned.The meeting between Trump and Bezos, one of the world’s richest men, lasted for more than an hour, according to two people familiar with the matter who asked not to be named because the conversation was private.Amazon declined to comment on the meeting. A spokesperson for Bezos…

Read More

In this photo illustration, Claude AI logo is seen on a smartphone and Anthropic logo on a pc screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images)Sopa Images | Lightrocket | Getty ImagesOpenAI and Anthropic continue to lead a fundraising bonanza in artificial intelligence, raising historic rounds and stratospheric valuations.But when it comes to finding AI exits for venture firms, the market looks a lot different.AI startups raised $104.3 billion in the U.S. in the first half of this year, nearly matching the $104.4 billion total for 2024, according to PitchBook. Almost two-thirds of all U.S. venture funding went…

Read More

Check out the companies making headlines in after-hour trading. Texas Instruments — The maker of analog and embedded processing chips tumbled more than 9% after second quarter sales and earnings topped Wall Street estimates, while the low end of third quarter guidance fell short. The stock had soared 46% in the past three months before the results. CoStar Group — Shares of the online real estate marketplace rose 1% after the company reported better-than-expected earnings for the second quarter. CoStar earned 17 cents per share, excluding items, on $781.3 million in revenue, while analysts polled by FactSet anticipated 14 cents…

Read More

The growth trade has gone almost parabolic since the April lows with a 40% rise in less than four months. I think we’re in a secular bull market and should be considerably higher one year from now. Near term, however, I also think a pullback is possible. Should you care? I don’t know. It depends on your perspectives and objectives. But if a 5% pullback is something you consider actionable, then a hedge in the Nasdaq might make sense. One investor’s bull market is another investor’s bear market. Trading and investing is all about your own personal perspectives and objectives. There is not…

Read More