Reported 8 days ago
Jim Cramer discussed Home Depot's recent earnings report, describing the quarter as 'good' during a segment of Mad Money. He emphasized that the positive momentum from the previous year has continued into the current year, highlighting the company's strong positioning in the home improvement sector despite some confusion regarding the numbers. Cramer expressed his satisfaction with holding Home Depot stock in his Charitable Trust.
Source: YAHOO
Reported 8 days ago
Jim Cramer discussed Eli Lilly's recent developments, particularly its weight-loss and diabetes pill, which he believes could significantly impact the market. Although he mentioned the less critical nature of a memory loss treatment recently approved by Eli Lilly, Cramer emphasized the strong performance expectations for the weight-loss pill, projecting it could help users lose between 12 to 15 pounds. This positive outlook contributed to a notable increase in Eli Lilly's stock price.
Source: YAHOO
Reported 8 days ago
Jim Cramer has expressed positive sentiment about Palo Alto Networks, stating he recently purchased shares for his trust because it looks promising. He reassured viewers of the stock's potential as a long-term holding despite some market skepticism regarding recent acquisitions. While he acknowledges the strength of PANW, he mentions that some AI stocks may offer even greater upside.
Source: YAHOO
Reported 8 days ago
The recent expiration of the de minimis tariff exemption, which allowed small packages under $800 to enter the U.S. tax-free, is set to lead to increased costs and delays for online shoppers. This change affects both consumers and small businesses, with smaller retailers facing greater challenges in passing on costs compared to larger companies. While some brands are preparing for price adjustments, consumers should anticipate delays in shipping and fewer product options as retailers adjust their inventory strategies.
Source: YAHOO
Reported 8 days ago
SentinelOne reported impressive earnings with a 24% year-over-year growth in annual recurring revenue, exceeding $1 billion for the first time. The rise in demand for cybersecurity solutions is attributed to the increasing threats posed by AI, prompting the company to raise its revenue guidance. Analysts have noted that the company's strong performance is due to improved execution and an expanding product portfolio, which includes the upcoming acquisition of Prompt Security to enhance defenses against AI-related risks.
Source: YAHOO
Reported 8 days ago
In the latest market update, Ulta Beauty's stock has declined despite raising its annual guidance, citing potential consumer slowdown, while Petco's shares surged as it reported improved profitability and positive growth outlooks. Ambarella also saw a significant boost in stock prices after exceeding sales expectations and raising its full-year growth forecast.
Source: YAHOO
Reported 8 days ago
A court hearing centered around President Trump's attempt to remove Federal Reserve Governor Lisa Cook concluded without a ruling. Cook’s lawyer argued that Trump’s motivation stems from a desire to replace officials he sees as obstacles to his agenda, alleging that fraud accusations are his 'weapon of choice.' The judge posed challenging questions about whether the president had adequate cause for the dismissal, as Cook faces allegations of fraudulent dual mortgage claims but has not been formally charged. The case raises significant questions about the independence of the Federal Reserve and the extent of presidential power.
Source: YAHOO
Reported 8 days ago
U.S. stock markets saw a decline on Friday, with the Dow Jones, S&P 500, and Nasdaq all falling due to inflation concerns following the release of consumer data that indicated rising prices above the Federal Reserve's target. Nvidia led the tech sector losses, dropping over 3% after its much-anticipated earnings report. Despite this pullback, all major indices finished the month with substantial gains, marking four consecutive months of increases for the S&P 500 and Dow, and a fifth month for the Nasdaq.
Source: YAHOO
Reported 8 days ago
Zacks Equity Research emphasizes the significant growth of NVIDIA Corp. in the AI sector, noting a staggering 33,300% increase in GPU sales and a market cap exceeding $4 trillion. CoreWeave, while also expanding with a tripling of revenues, faces challenges with profitability and a high debt load compared to NVIDIA's strong cash position. Both companies showed promising second-quarter results but differ in growth potential, with NVIDIA being positioned as a more resilient investment in the AI market.
Source: YAHOO
Reported 8 days ago
The US agricultural sector faces mounting pressures as farmers pull back on spending, driven by low crop prices and ongoing trade tensions, particularly with China. Despite expectations of a record corn harvest, uncertainty over export markets and increased costs from tariffs are straining farmers financially. The Farm Progress Show in Illinois highlighted the cautious sentiment among farmers, many of whom are deferring major equipment purchases as they navigate this challenging economic landscape.
Source: YAHOO
Reported 8 days ago
Brazilian President Luiz Inacio Lula da Silva has initiated plans to retaliate against President Trump’s 50% tariffs while seeking negotiations with the U.S. Furthermore, the de minimis exemption for small imported packages has ended, leading to new tariffs between 10% to 50%. Additionally, Mexico is set to increase tariffs on Chinese goods, showcasing how Trump's trade policies are polarizing nations and impacting international relations, particularly with India and Mexico.
Source: YAHOO
Reported 8 days ago
Despite concerns over its high market value, Nvidia's impressive revenue growth continues to attract investors. While its recent earnings did not meet Wall Street expectations, the company's sales are growing significantly faster than the broader tech market, with a projected growth of at least 42%. Comparatively, Nvidia's price-to-earnings ratio is lower than many competitors, suggesting it remains a valuable stock amidst concerns about potential future slowdowns in the semiconductor industry.
Source: YAHOO
Reported 8 days ago
Tesla has introduced the Model Y Performance trim in Europe, targeting a market where sales have sharply declined. This high-end variant features significant upgrades, including enhanced motors and battery density for improved acceleration, adaptive suspension for better handling, and a revamped interior with new sports seats and a 16-inch touchscreen. With a starting price of around 62,990 euros, it positions itself against competitors like the BMW iX and Audi Q4 e-tron. This move may help Tesla revive sales amidst intensifying competition and a challenging brand perception.
Source: YAHOO
Reported 8 days ago
Source: INVESTORS
Reported 8 days ago
President Donald Trump has proposed rescinding nearly $5 billion in previously approved foreign aid, leveraging the upcoming fiscal year-end to push through cuts. This plan, described as a 'pocket rescission,' raises legal and constitutional concerns, especially regarding Congress's control over spending. The maneuver has sparked division within the Republican Party and has drawn criticism from Democrats, who view it as an attempt to sidestep bipartisan cooperation in government funding discussions.
Source: YAHOO
Reported 8 days ago
Retailers are increasingly turning to celebrity collaborations as a strategy to attract shoppers and boost sales, according to GlobalData's Neil Saunders. These partnerships work because they generate excitement and create a sense of urgency for consumers, turning products into must-have items. Despite economic challenges, there's still consumer spending, especially when brands offer value and unique products, proving that effective celebrity ties can help brands capture market share.
Source: YAHOO
Reported 8 days ago
The United States is imposing stricter regulations on South Korean chipmakers Samsung and SK Hynix by revoking their authorizations to receive American semiconductor manufacturing equipment in China. This change, detailed by the U.S. Commerce Department, will require the companies to obtain licenses to purchase equipment for their Chinese operations, which may hinder their ability to expand or upgrade technology. While existing facilities can continue operation, the move could ultimately benefit domestic Chinese equipment manufacturers and U.S. competitors like Micron.
Source: YAHOO
Reported 8 days ago
Consumer sentiment fell in August, driven by increasing worries about inflation, with expectations rising to 4.8% from 4.5% in July. The consumer sentiment index dropped to 58.2, showing significant declines across various demographics. Concerns over high prices affected perceptions of buying conditions and personal finances, while expectations for business conditions also contracted. Mixed signals in the labor market and the recent Federal Reserve inflation gauge further complicate economic outlook.
Source: YAHOO
Reported 8 days ago
CoreWeave, Inc. (CRWV) is experiencing a surge in demand for its solutions across the healthcare and finance sectors, transitioning from pilot projects to larger-scale deployments. In Q2 2025, the company reported a contracted backlog of $30.1 billion, influenced by partnerships with companies like OpenAI and expanding contracts with major players such as Morgan Stanley. The firm is also seeing rapid growth in media and entertainment. Despite challenges, including increasing interest expenses and stiff competition, CRWV has raised its revenue guidance for 2025 due to robust demand for AI-focused solutions.
Source: YAHOO
Reported 8 days ago
Recent data shows that the Federal Reserve's core inflation reading has risen to 2.9%, yet this increase is not expected to prevent a possible rate cut in September. Economists highlight the importance of labor market conditions, with Fed officials monitoring a potential downturn in employment. A crucial jobs report due on September 5 may influence the decision, amid concerns about inflation being driven by rising service prices rather than goods. Overall, if inflation data remains stable, a 0.25% rate cut could be on the horizon.
Source: YAHOO