The escalation of tariff policies has intensified market volatility, with President Trump announcing a new wave of levies, including 30% tariffs on the European Union and Mexico starting August 1, a 35% tariff on Canadian goods, and a 10-15% baseline tariff proposed for over 150 countries, with up to 145%
Adobe has become synonymous with creative software, standing as one of Silicon Valley’s most enduring and innovative technology companies. From humble beginnings in the early 1980s, Adobe’s journey has reshaped digital content creation, powering everything from print publishing to motion graphics, and influencing how the world communicates visually.
The world of artificial intelligence (AI) is rapidly shifting toward on-device processing, a trend that is pushing chipmakers to innovate at an unprecedented pace. In this landscape, Advanced Micro Devices (NASDAQ:AMD) has staked a bold claim with its latest release: the Ryzen AI Max 395 processor.
Announced earlier this
Shares of boat and marine products retailer OneWater Marine (NASDAQ:ONEW) jumped 3.3% in the afternoon session after strong economic data pointed to a resilient U.S. consumer, lifting stocks in the consumer discretionary sector. The broader market rallied after new data showed unexpected strength in the U.S. economy, easing investor concerns about a potential recession. A key report from the Commerce Department revealed that U.S. retail sales jumped 0.6% in June, rebounding from the prior month and significantly beating economists' forecasts. For a premium marine retailer like OneWater, whose business relies on high-ticket recreational purchases, signs of robust consumer health are particularly encouraging. The positive data suggests shoppers are weathering economic pressures, which supports demand for discretionary items like boats. The consumer discretionary sector was among the market's leaders for the session.
Shares of shoe and apparel company Steven Madden (NASDAQ:SHOO)
jumped 5.4% in the afternoon session after analysts at Citigroup moved the stock to "Buy" from "Neutral" and raised their price target.
Shares of property and casualty insurer Travelers (NYSE:TRV) jumped 3.5% in the afternoon session after the company reported stellar second-quarter earnings that significantly surpassed analyst expectations.
Shares of food and beverage company PepsiCo (NASDAQ:PEP)
jumped 7% in the afternoon session after the company reported second-quarter earnings that surpassed analyst expectations and raised its profit forecast for the full year.
At 40x forward earnings, AMD & Nvidia seem similar. But Nvidia has 58% margins, 86% revenue growth & $43B in net cash, while AMD has lower margins & legacy businesses holding it back. AMD's valuation assumes victory, but it hasn't achieved it yet.
Industrial conglomerate GE Aerospace (NYSE:GE) beat Wall Street’s revenue expectations in Q2 CY2025, with sales up 34.1% year on year to $11.02 billion. Its non-GAAP profit of $1.66 per share was 16% above analysts’ consensus estimates.
Taiwan Semiconductor (TSM) reports strong Q2 results and expects continued growth in demand for advanced processor technologies, with revenue guidance of $31.8 billion to $33.0 billion for Q3.
