Good MorningU.S. stocks drifted lower Thursday as President Trump’s newly imposed tariffs on dozens of countries took effect, offsetting an early push toward record highs. The S&P 500 slid 0.3%, the Dow fell 0.7%, and the Nasdaq was essentially flat. Modest strength in the labor market was on display as weekly jobless claims ticked up by 7,000 to 226,000 but remained near multi-decade lows, suggesting employers are still holding on to workers despite trade-driven uncertainty.
The chip sector saw mixed action amid renewed enthusiasm for artificial intelligence and growing trade tensions. NVIDIA and peers enjoyed fresh Wall Street price-target upgrades and solid earnings results, underpinned by surging AI demand and OpenAI’s release of GPT-5. Simultaneously, President Trump’s proposal of 100% tariffs on non-U.S. chips and a public call for Intel’s CEO to resign sent Intel shares tumbling and left smaller semiconductor names scrambling for clarity. Featured: The End of Elon Musk…? (Ad) 
|
Markets | |
Who needs coffee? Dutch Bros Inc. (NYSE: BROS) is giving investors a rush as BROS stock is up over 20% in mid-day trading after the company delivered a strong earnings report after the market closed on August 6.
The headline numbers were impressive in and of themselves. Dutch Bros reported $415.8... Read the Full Story |
|
From Our Partners | | When Trump returned to office, one of his first moves was to tap PayPal’s former COO, David Sacks, as a top advisor on crypto and AI. That alone signaled a shift. But insiders close to D.C. aren’t just talking crypto policy—they’re quietly buying something most retail investors have missed.
While the crowd chases Bitcoin to $150,000, Weiss Ratings expert Juan Villaverde believes a different coin—already backed by giants like Google, Visa, and PayPal—could soon become crypto’s “Third Giant.” | Discover the coin that could define Trump’s crypto presidency. |
|
Stocks | | U.S. stocks closed higher Friday, capping a choppy week of trading with the market’s third winning week in the last four and another milestone.The S&P 500 rose 0.8%, finishing just shy of the record it set last week. The benchmark index also wiped out its losses from a slide last week. The Dow J... Read the Full Story |
|
Stocks | | Millions of Americans saving for retirement through 401(k) accounts could have the option of putting their money in higher-risk private equity and cryptocurrency investments, according to an executive order signed Thursday by President Donald Trump that could give those financial players long-sought... Read the Full Story |
|
|
Markets | |
For months, satellite communications company Viasat (NASDAQ: VSAT) was a classic battleground stock, attracting a significant number of investors betting against it. A long-standing narrative focused on the company’s heavy debt load and the rising threat of competition.
But in a stunning ... Read the Full Story |
|
Markets | | The number of Americans filing for jobless benefits rose modestly last week, a sign that employers still retaining workers despite economic uncertainty related to U.S. trade policy.Jobless claims for the week ending Aug. 2 rose by 7,000 to 226,000, the Labor Department reported Thursday, slightly mo... Read the Full Story |
|
From Our Partners | | The Trump economy is back in full force, and it’s creating huge opportunities for investors.
With Trump pushing for lower taxes, fewer regulations, tariffs on foreign competitors, and domestic manufacturing dominance, some stocks are set to skyrocket in value—while others will be left behind.
That’s why we put together this free report revealing the 7 MAGA stocks poised to thrive in 2025. | 🔻 Download the full report now and get the inside track on these 7 powerhouse stocks. |
|
Markets | |
For weight loss drug leaders, the last two weeks have been nothing short of disastrous for shares.
Industry pioneer Novo Nordisk A/S (NYSE: NVO) saw its stock drop nearly 22% on July 29 after lowering its full-year guidance. Then, on Aug. 7, Eli Lilly (NYSE: LLY) shares fell approximately 14%.
... Read the Full Story |
|
Markets | | The Bank of England cut its main interest rate Thursday by a quarter percentage point to 4%, as policy makers seek to bolster the sluggish U.K. economy.Thursday’s decision was widely anticipated in financial markets as the bank’s Monetary Policy Committee balances its responsibility to control infla... Read the Full Story |
|
Markets | |
Airbnb Inc. (NASDAQ: ABNB) stock is down 9.1% the day after the company’s second-quarter earnings report. The company beat on the top and bottom lines with earnings per share (EPS) of $1.03 and revenue of $3.10 billion. Those numbers were year-over-year (YOY) gains of 19% and 12% respectiv... Read the Full Story |
|
Markets | |
Shares of streaming giant Netflix Inc (NASDAQ: NFLX) closed Wednesday just below the $1,180 mark, leaving the stock roughly 15% off its early-July peak. That stumble starkly contrasts with the S&P 500’s nearly 3% gain over the same stretch. The divergence is striking, puzzling, and pot... Read the Full Story |
|
Tech | | The Environmental Protection Agency has terminated $7 billion in funding for solar programs approved under the Biden administration, including projects for nearly 1 million households in low-income communities Read the Full Story |
|
Friday's Early Bird Stock Of The Day Roku, Inc., together with its subsidiaries, operates a TV streaming platform in the United states and internationally. The company operates in two segments, Platform and Devices. Its streaming platform allows users to find and access TV shows, movies, news, sports, and others. The Platform segment offers digital advertising, including direct and programmatic video advertising, media and entertainment promotional spending, and related services; and streaming services distribution, such as subscription and transaction revenue shares, and sale of premium subscriptions and branded app buttons on remote controls. The Devices segment provides sale of streaming players, Roku-branded TVs, smart home products and services, audio products, and related accessories as well as licensing arrangements with service operators. Roku, Inc. was incorporated in 2002 and is headquartered in San Jose, California. | View Today's Stock Pick |
|