Stock market today: Dow, S&P 500, Nasdaq rise as Wall Street awaits Fed decision, Big Tech results
The Dow Jones Industrial Average (^DJI) nudged up 0.1%, while the S&P 500 (^GSPC) rose 0.2%. The tech-heavy Nasdaq Composite (^IXIC) ticked up 0.4%. The major gauges fell on Tuesday, leading the S&P 500 to snap its six-day record streak.
Stocks are in a holding pattern as investors wait for the Fed's decision on interest rates, due at 2 p.m. ET at the end of its two-day meeting. With the central bank expected to hold rates steady, Wall Street will closely watch the Fed's "dot plot" given internal divisions over the path of policy.
Focus is also on Chair Jerome Powell's remarks for signals on potential easing later this year, as President Trump presses for a rate cut.
The Fed — and markets — received key signals on the US economy's health early Wednesday. US GDP grew at a 3% annual rate in the second quarter, rebounding from its first pullback in three years in Q1. Meanwhile, US private employers added more jobs than expected in July, with private payrolls also returning to growth after a surprise pullback in June.
The rosier economic data prompted Trump to again call on the Fed to lower rates. "'Too Late' must now lower the rate," he wrote on social media hours before the central bank was set to release its policy statement.
Investors also fielded a further flood of earnings from major companies, with Humana (HUM), and Kraft Heinz (KHC) getting a positive reception before the bell.
Read more: Full earnings coverage in our live blog
Wall Street is looking to after-hours reports from Microsoft and Meta to help rejuvenate markets. The companies are the first of the "Magnificent 7" group to report, and both are contending with growing scrutiny over whether their eye-popping AI investments are paying off.
Looming ahead is Trump's Friday deadline for trade partners to strike deals with the US or face blanket tariff rates. Trump said goods from India would face a 25% tariff from Friday, as talks apparently stall between the countries.
Read more: The latest on Trump's tariffs
US-China trade talks wrapped up on Tuesday without an extension of the current tariff pause between the two, but Treasury Secretary Scott Bessent said Trump would make a "final call" on the matter soon.
Trump says Powell must lower interest rates 'now' following GDP uptick
President Trump used a return to GDP growth ahead of a widely expected Federal Reserve decision to keep monetary policy unchanged to say that Fed Chairman Jerome Powell must 'now' lower rates, Yahoo Finance's Ben Werschkul reports.
Werschkul writes:
Read the full story here.
Marvell Technology soars 10% as Morgan Stanley analyst lifts price outlook
Marvell Technology (MRVL) shares spiked Wednesday after Morgan Stanley (MS) analyst Joseph Moore lifted his price target on the stock to $80 from $73. In a note to clients on Tuesday, Moore cited the chipmaker's opportunity in the AI networking space.
Networking products such as data center switches, ethernet controllers, and digital signal processors are required in data centers to receive and send data between AI chips and servers. Marvell makes both networking products and custom AI chips (also known as processors) called ASIC accelerators.
"For both Broadcom (AVGO) and Marvell (MRVL), we expect AI upside this year to come from the networking side rather than processors [custom AI chips]," Moore wrote.
Moore said Marvell "should be a direct beneficiary of NVIDIA's upcoming product cycle." That's because networking technology is needed to support upcoming purchases of Nvidia's latest Blackwell chips and servers.
"Marvell is firmly in the AI winners camp," wrote Moore.
Nvidia leads muted Mag 7 ahead of Microsoft, Meta earnings
Nvidia (NVDA) shares moved up 1% early on Wednesday, leading the group of "Magnificent Seven" tech stocks ahead of earnings reports from Microsoft (MSFT) and Meta (META) after the bell.
Amazon (AMZN), Tesla (TSLA), and Microsoft stock prices wavered around the flat line, while Meta and Google (GOOG) shares rose less than 1%. Apple (AAPL) slipped around 0.1% in lackluster trade for US stocks more broadly.
Nvidia is up roughly 4% over the past five trading sessions, compared with the tech heavy Nasdaq Composite's (^IXIC) 0.6% gain over the same period.
Stocks steady at the open
US stocks held steady at the start of Wednesday's trading session ahead of the Federal Reserve's interest-rate decision and earnings from Big Tech names Microsoft (MSFT) and Meta (META).
The Dow Jones Industrial Average (^DJI) wavered along the flat line, while the S&P 500 (^GSPC) nudged nearly 0.1% higher. The tech-heavy Nasdaq Composite (^IXIC) ticked up roughly 0.2%.
The indices had fallen on Tuesday, with the S&P 500 ending its six-day record streak.
Jobs data, GDP both top forecasts in a strong morning for the US economy
Data from ADP on private payroll growth and the first look at second quarter GDP growth out Wednesday morning both topped forecasts, a sign of continued resilience in the US economy.
Private payroll growth in July tallied 104,000 according to the latest data from ADP, more than the 77,000 jobs that private employers were expected to add and a rebound from the 23,000 jobs that were cut in the sector last month.
"Our hiring and pay data are broadly indicative of a healthy economy," said Nela Richardson, chief economist at ADP. "Employers have grown more optimistic that consumers, the backbone of the economy, will remain resilient."
Fifteen minutes after ADP's data was released, the BEA put out its first look at GDP growth in the second quarter, which showed the US economy grew at an annualized rate of 3% in the second quarter, faster than the 2.6% that had been expected by economists.
In the first three months of the year, the US economy contracted at a rate of 0.5%.
The BEA noted in its release the rebound in the second quarter was largely a result of decreased imports, which had weighed on growth in the first quarter as businesses increased orders ahead of expected tariffs.
In response to the data, longer-term Treasury yields ticked slightly higher while futures remained little-changed ahead of the Federal Reserve's policy announcement set for 2:00 p.m. ET.
In a post on Truth Social following the GDP data, President Trump again called on the Fed to cut rates. The central bank is widely expected to make no change to its interest rate policy later today.
Premarket trending tickers: Novo Nordisk stock falls, Starbucks stock pops
Here's a look at some of the top stocks trending in premarket trading:
Novo Nordisk (NVO): The stock continued to sink on Wednesday, falling 4% premarket after a 21% wipeout on Tuesday. The drugmaker cut its full-year sales and operating profit guidance again, related to lower growth expectations for its diabetes and weight-loss drugs, Wegovy and Ozempic. Eli Lilly stock also fell Tuesday but was up 1% Wednesday morning.
Starbucks (SBUX): Shares of the coffee giant popped 5% premarket after the company reported its sixth straight quarterly sales decline. But things weren't as bad as investors feared, and CEO Brian Niccol assured Wall Street that the company was "ahead of schedule" in its turnaround plan.
V.F. Corp (VFC): The Vans parent's stock soared nearly 20% after the company beat first quarter revenue estimates on Wednesday, aided by an uptick in demand for its apparel and footwear products.
Palo Alto Networks (PANW): The software company is in final talks to acquire Israeli cybersecurity provider CyberArk, the Wall Street Journal reported, and the deal could be finalized as early as this week. The deal could place a value north of $20 billion on CyberArk, potentially making it one of the largest tech takeovers this year. Shares of Palo Alto Networks rose 0.4% in premarket trading.
Meta (META) and Microsoft (MSFT) stocks rose modestly ahead of their quarterly results, which are set to be released after the closing bell on Wednesday. Investors will be looking to the two Big Tech companies for signs of AI sales growth and monetization.
Read live coverage of corporate earnings here.
A divided Fed is expected to hold rates steady, defying Trump's calls for a cut
The Federal Reserve is widely expected to hold interest rates steady on Wednesday, though the central bank remains internally divided over the path of monetary policy amid the Trump administration's pressure on the Fed.
Yahoo Finance's Jennifer Schonberger reports:
Read more here.
Whirlpool is championing the tariffs that have hammered its quarter
Yahoo Finance's Hamza Shaban digs into the tariffs story for Whirlpool (WHR) in today's Morning Brief:
Read more here on why Whirlpool is looking past tariff setbacks.
Good morning. Here's what's happening today.
Economic data: Federal Reserve monetary policy decision; GDP annualized; ADP private payrolls (July); (second quarter); Pending home sales, (June); MBA Mortgage Applications (July 25); Minnesota Chicago PMI (July)
Earnings: Meta (META), Microsoft (MSFT), Arm (ARM), Altria (MO), Carvana (CVNA), Ford (F), Generac (GNRC), Harley Davidson (HOG), Hershey (HSY), Humana (HUM), The Kraft Heinz Company (KHC), Qualcomm (QCOM), Robinhood (HOOD)
Here are some of the biggest stories you may have missed overnight and early this morning:
Fed set to hold rates steady, defying Trump's call for a cut
Whirlpool is championing the tariffs that have hammered its quarter
Meta to report Q2 earnings amid AI investment push
Microsoft to report Q4 earnings as Wall Street looks for continued AI growth
Deal-hunting Americans are putting corporates on watch
Trump eyes 25% India tariff, US-China truce in the balance
Wall Street's riding high on relief, not results: Strategist
Tesla signs $4.3B battery deal, cuts reliance on China
Meta and Microsoft are set to kick off this week's Big Tech earnings
Yahoo Finance's Dan Howley has previews of both Meta (META) and Microsoft (MSFT), whose reports come Wednesday.
For Meta, it's all about the AI hiring and spree:
And Microsoft remains chugging along, its stock up more than 20% this year. Dan says Alphabet's (GOOG, GOOGL) well-received results last week could bode well for Microsoft, as investors focus on AI-driven sales gains:
Read more on Meta and Microsoft.
Trending tickers: Seagate, Avis and Sarepta
Here are some top stocks trending on Yahoo Finance in premarket trading:
Seagate Technology (STX) shares fell more than 6% on Wednesday before the bell after the company's first-quarter revenue forecast fell below Wall Street estimates on Tuesday. Seagate earnings were hurt by weak demand for its storage devices amid ongoing uncertainty in the personal computer market.
Avis (CAR) stock fell 5% premarket following the car rental company's earnings results on Tuesday. It was also announced that Alphabet (GOOG, GOOGL)-owned company Waymo plans to launch a robotaxi service next year in Dallas and will partner with Avis Budget Group to manage its fleet of all-electric autonomous Jaguar I-Pace vehicles.
Sarepta Therapeutics (SRPT) stock rose 10% in premarket trading on Wednesday following the news that it will now start shipping its top-selling muscular dystrophy therapy, Elevidys, after the US Food and Drug Administration (FDA) reversed its request for a voluntary pause late Monday.
Starbucks stock pops after US sales fall less than feared
Shares of Starbucks (SBUX) rose in premarket despite a quarterly profit miss after sales in the coffee chain's US outlets proved healthier than expected.
Yahoo Finance's Brooke DiPalma reports:
Read more here.
Major Asian gauges see slight boost from US-China trade talks
Markets across Asia saw tentative gains despite uncertainty in the aftermath of US-China trade talks. The two-day talks between the two economic powerhouses to discuss tariffs did not yield hard results, but representatives from both nations expressed positivity about the dialogue.
Reuters reports:
Read more here.
Samsung stock pops on Tesla deal
Samsung Electronics (005930.KS) has seen the benefits of a wave of market optimism following the unexpected announcement of a chipmaking deal with Tesla (TSLA) worth $16.5 billion.
Bloomberg reports:
Read more here.
Oil prices hold after Trump-Russia row
Oil prices held gains overnight Tuesday after jumping 3% Monday, with supply issues in focus. Trump's continued pressure on Russia over the Ukraine war has raised concerns over how economic sanctions will impact the Slavic state's ability to produce oil at the current rate.
Reuters reports:
Read more here.
Trump says Powell must lower interest rates 'now' following GDP uptick
President Trump used a return to GDP growth ahead of a widely expected Federal Reserve decision to keep monetary policy unchanged to say that Fed Chairman Jerome Powell must 'now' lower rates, Yahoo Finance's Ben Werschkul reports.
Werschkul writes:
Read the full story here.
President Trump used a return to GDP growth ahead of a widely expected Federal Reserve decision to keep monetary policy unchanged to say that Fed Chairman Jerome Powell must 'now' lower rates, Yahoo Finance's Ben Werschkul reports.
Werschkul writes:
Read the full story here.
Marvell Technology soars 10% as Morgan Stanley analyst lifts price outlook
Marvell Technology (MRVL) shares spiked Wednesday after Morgan Stanley (MS) analyst Joseph Moore lifted his price target on the stock to $80 from $73. In a note to clients on Tuesday, Moore cited the chipmaker's opportunity in the AI networking space.
Networking products such as data center switches, ethernet controllers, and digital signal processors are required in data centers to receive and send data between AI chips and servers. Marvell makes both networking products and custom AI chips (also known as processors) called ASIC accelerators.
"For both Broadcom (AVGO) and Marvell (MRVL), we expect AI upside this year to come from the networking side rather than processors [custom AI chips]," Moore wrote.
Moore said Marvell "should be a direct beneficiary of NVIDIA's upcoming product cycle." That's because networking technology is needed to support upcoming purchases of Nvidia's latest Blackwell chips and servers.
"Marvell is firmly in the AI winners camp," wrote Moore.
Marvell Technology (MRVL) shares spiked Wednesday after Morgan Stanley (MS) analyst Joseph Moore lifted his price target on the stock to $80 from $73. In a note to clients on Tuesday, Moore cited the chipmaker's opportunity in the AI networking space.
Networking products such as data center switches, ethernet controllers, and digital signal processors are required in data centers to receive and send data between AI chips and servers. Marvell makes both networking products and custom AI chips (also known as processors) called ASIC accelerators.
"For both Broadcom (AVGO) and Marvell (MRVL), we expect AI upside this year to come from the networking side rather than processors [custom AI chips]," Moore wrote.
Moore said Marvell "should be a direct beneficiary of NVIDIA's upcoming product cycle." That's because networking technology is needed to support upcoming purchases of Nvidia's latest Blackwell chips and servers.
"Marvell is firmly in the AI winners camp," wrote Moore.
Nvidia leads muted Mag 7 ahead of Microsoft, Meta earnings
Nvidia (NVDA) shares moved up 1% early on Wednesday, leading the group of "Magnificent Seven" tech stocks ahead of earnings reports from Microsoft (MSFT) and Meta (META) after the bell.
Amazon (AMZN), Tesla (TSLA), and Microsoft stock prices wavered around the flat line, while Meta and Google (GOOG) shares rose less than 1%. Apple (AAPL) slipped around 0.1% in lackluster trade for US stocks more broadly.
Nvidia is up roughly 4% over the past five trading sessions, compared with the tech heavy Nasdaq Composite's (^IXIC) 0.6% gain over the same period.
Nvidia (NVDA) shares moved up 1% early on Wednesday, leading the group of "Magnificent Seven" tech stocks ahead of earnings reports from Microsoft (MSFT) and Meta (META) after the bell.
Amazon (AMZN), Tesla (TSLA), and Microsoft stock prices wavered around the flat line, while Meta and Google (GOOG) shares rose less than 1%. Apple (AAPL) slipped around 0.1% in lackluster trade for US stocks more broadly.
Nvidia is up roughly 4% over the past five trading sessions, compared with the tech heavy Nasdaq Composite's (^IXIC) 0.6% gain over the same period.
Stocks steady at the open
US stocks held steady at the start of Wednesday's trading session ahead of the Federal Reserve's interest-rate decision and earnings from Big Tech names Microsoft (MSFT) and Meta (META).
The Dow Jones Industrial Average (^DJI) wavered along the flat line, while the S&P 500 (^GSPC) nudged nearly 0.1% higher. The tech-heavy Nasdaq Composite (^IXIC) ticked up roughly 0.2%.
The indices had fallen on Tuesday, with the S&P 500 ending its six-day record streak.
US stocks held steady at the start of Wednesday's trading session ahead of the Federal Reserve's interest-rate decision and earnings from Big Tech names Microsoft (MSFT) and Meta (META).
The Dow Jones Industrial Average (^DJI) wavered along the flat line, while the S&P 500 (^GSPC) nudged nearly 0.1% higher. The tech-heavy Nasdaq Composite (^IXIC) ticked up roughly 0.2%.
The indices had fallen on Tuesday, with the S&P 500 ending its six-day record streak.
Jobs data, GDP both top forecasts in a strong morning for the US economy
Data from ADP on private payroll growth and the first look at second quarter GDP growth out Wednesday morning both topped forecasts, a sign of continued resilience in the US economy.
Private payroll growth in July tallied 104,000 according to the latest data from ADP, more than the 77,000 jobs that private employers were expected to add and a rebound from the 23,000 jobs that were cut in the sector last month.
"Our hiring and pay data are broadly indicative of a healthy economy," said Nela Richardson, chief economist at ADP. "Employers have grown more optimistic that consumers, the backbone of the economy, will remain resilient."
Fifteen minutes after ADP's data was released, the BEA put out its first look at GDP growth in the second quarter, which showed the US economy grew at an annualized rate of 3% in the second quarter, faster than the 2.6% that had been expected by economists.
In the first three months of the year, the US economy contracted at a rate of 0.5%.
The BEA noted in its release the rebound in the second quarter was largely a result of decreased imports, which had weighed on growth in the first quarter as businesses increased orders ahead of expected tariffs.
In response to the data, longer-term Treasury yields ticked slightly higher while futures remained little-changed ahead of the Federal Reserve's policy announcement set for 2:00 p.m. ET.
In a post on Truth Social following the GDP data, President Trump again called on the Fed to cut rates. The central bank is widely expected to make no change to its interest rate policy later today.
Data from ADP on private payroll growth and the first look at second quarter GDP growth out Wednesday morning both topped forecasts, a sign of continued resilience in the US economy.
Private payroll growth in July tallied 104,000 according to the latest data from ADP, more than the 77,000 jobs that private employers were expected to add and a rebound from the 23,000 jobs that were cut in the sector last month.
"Our hiring and pay data are broadly indicative of a healthy economy," said Nela Richardson, chief economist at ADP. "Employers have grown more optimistic that consumers, the backbone of the economy, will remain resilient."
Fifteen minutes after ADP's data was released, the BEA put out its first look at GDP growth in the second quarter, which showed the US economy grew at an annualized rate of 3% in the second quarter, faster than the 2.6% that had been expected by economists.
In the first three months of the year, the US economy contracted at a rate of 0.5%.
The BEA noted in its release the rebound in the second quarter was largely a result of decreased imports, which had weighed on growth in the first quarter as businesses increased orders ahead of expected tariffs.
In response to the data, longer-term Treasury yields ticked slightly higher while futures remained little-changed ahead of the Federal Reserve's policy announcement set for 2:00 p.m. ET.
In a post on Truth Social following the GDP data, President Trump again called on the Fed to cut rates. The central bank is widely expected to make no change to its interest rate policy later today.
Premarket trending tickers: Novo Nordisk stock falls, Starbucks stock pops
Here's a look at some of the top stocks trending in premarket trading:
Novo Nordisk (NVO): The stock continued to sink on Wednesday, falling 4% premarket after a 21% wipeout on Tuesday. The drugmaker cut its full-year sales and operating profit guidance again, related to lower growth expectations for its diabetes and weight-loss drugs, Wegovy and Ozempic. Eli Lilly stock also fell Tuesday but was up 1% Wednesday morning.
Starbucks (SBUX): Shares of the coffee giant popped 5% premarket after the company reported its sixth straight quarterly sales decline. But things weren't as bad as investors feared, and CEO Brian Niccol assured Wall Street that the company was "ahead of schedule" in its turnaround plan.
V.F. Corp (VFC): The Vans parent's stock soared nearly 20% after the company beat first quarter revenue estimates on Wednesday, aided by an uptick in demand for its apparel and footwear products.
Palo Alto Networks (PANW): The software company is in final talks to acquire Israeli cybersecurity provider CyberArk, the Wall Street Journal reported, and the deal could be finalized as early as this week. The deal could place a value north of $20 billion on CyberArk, potentially making it one of the largest tech takeovers this year. Shares of Palo Alto Networks rose 0.4% in premarket trading.
Meta (META) and Microsoft (MSFT) stocks rose modestly ahead of their quarterly results, which are set to be released after the closing bell on Wednesday. Investors will be looking to the two Big Tech companies for signs of AI sales growth and monetization.
Read live coverage of corporate earnings here.
Here's a look at some of the top stocks trending in premarket trading:
Novo Nordisk (NVO): The stock continued to sink on Wednesday, falling 4% premarket after a 21% wipeout on Tuesday. The drugmaker cut its full-year sales and operating profit guidance again, related to lower growth expectations for its diabetes and weight-loss drugs, Wegovy and Ozempic. Eli Lilly stock also fell Tuesday but was up 1% Wednesday morning.
Starbucks (SBUX): Shares of the coffee giant popped 5% premarket after the company reported its sixth straight quarterly sales decline. But things weren't as bad as investors feared, and CEO Brian Niccol assured Wall Street that the company was "ahead of schedule" in its turnaround plan.
V.F. Corp (VFC): The Vans parent's stock soared nearly 20% after the company beat first quarter revenue estimates on Wednesday, aided by an uptick in demand for its apparel and footwear products.
Palo Alto Networks (PANW): The software company is in final talks to acquire Israeli cybersecurity provider CyberArk, the Wall Street Journal reported, and the deal could be finalized as early as this week. The deal could place a value north of $20 billion on CyberArk, potentially making it one of the largest tech takeovers this year. Shares of Palo Alto Networks rose 0.4% in premarket trading.
Meta (META) and Microsoft (MSFT) stocks rose modestly ahead of their quarterly results, which are set to be released after the closing bell on Wednesday. Investors will be looking to the two Big Tech companies for signs of AI sales growth and monetization.
Read live coverage of corporate earnings here.
A divided Fed is expected to hold rates steady, defying Trump's calls for a cut
The Federal Reserve is widely expected to hold interest rates steady on Wednesday, though the central bank remains internally divided over the path of monetary policy amid the Trump administration's pressure on the Fed.
Yahoo Finance's Jennifer Schonberger reports:
Read more here.
The Federal Reserve is widely expected to hold interest rates steady on Wednesday, though the central bank remains internally divided over the path of monetary policy amid the Trump administration's pressure on the Fed.
Yahoo Finance's Jennifer Schonberger reports:
Read more here.
Whirlpool is championing the tariffs that have hammered its quarter
Yahoo Finance's Hamza Shaban digs into the tariffs story for Whirlpool (WHR) in today's Morning Brief:
Read more here on why Whirlpool is looking past tariff setbacks.
Yahoo Finance's Hamza Shaban digs into the tariffs story for Whirlpool (WHR) in today's Morning Brief:
Read more here on why Whirlpool is looking past tariff setbacks.
Good morning. Here's what's happening today.
Economic data: Federal Reserve monetary policy decision; GDP annualized; ADP private payrolls (July); (second quarter); Pending home sales, (June); MBA Mortgage Applications (July 25); Minnesota Chicago PMI (July)
Earnings: Meta (META), Microsoft (MSFT), Arm (ARM), Altria (MO), Carvana (CVNA), Ford (F), Generac (GNRC), Harley Davidson (HOG), Hershey (HSY), Humana (HUM), The Kraft Heinz Company (KHC), Qualcomm (QCOM), Robinhood (HOOD)
Here are some of the biggest stories you may have missed overnight and early this morning:
Fed set to hold rates steady, defying Trump's call for a cut
Whirlpool is championing the tariffs that have hammered its quarter
Meta to report Q2 earnings amid AI investment push
Microsoft to report Q4 earnings as Wall Street looks for continued AI growth
Deal-hunting Americans are putting corporates on watch
Trump eyes 25% India tariff, US-China truce in the balance
Wall Street's riding high on relief, not results: Strategist
Tesla signs $4.3B battery deal, cuts reliance on China
Economic data: Federal Reserve monetary policy decision; GDP annualized; ADP private payrolls (July); (second quarter); Pending home sales, (June); MBA Mortgage Applications (July 25); Minnesota Chicago PMI (July)
Earnings: Meta (META), Microsoft (MSFT), Arm (ARM), Altria (MO), Carvana (CVNA), Ford (F), Generac (GNRC), Harley Davidson (HOG), Hershey (HSY), Humana (HUM), The Kraft Heinz Company (KHC), Qualcomm (QCOM), Robinhood (HOOD)
Here are some of the biggest stories you may have missed overnight and early this morning:
Fed set to hold rates steady, defying Trump's call for a cut
Whirlpool is championing the tariffs that have hammered its quarter
Meta to report Q2 earnings amid AI investment push
Microsoft to report Q4 earnings as Wall Street looks for continued AI growth
Deal-hunting Americans are putting corporates on watch
Trump eyes 25% India tariff, US-China truce in the balance
Wall Street's riding high on relief, not results: Strategist
Tesla signs $4.3B battery deal, cuts reliance on China
Meta and Microsoft are set to kick off this week's Big Tech earnings
Yahoo Finance's Dan Howley has previews of both Meta (META) and Microsoft (MSFT), whose reports come Wednesday.
For Meta, it's all about the AI hiring and spree:
And Microsoft remains chugging along, its stock up more than 20% this year. Dan says Alphabet's (GOOG, GOOGL) well-received results last week could bode well for Microsoft, as investors focus on AI-driven sales gains:
Read more on Meta and Microsoft.
Yahoo Finance's Dan Howley has previews of both Meta (META) and Microsoft (MSFT), whose reports come Wednesday.
For Meta, it's all about the AI hiring and spree:
And Microsoft remains chugging along, its stock up more than 20% this year. Dan says Alphabet's (GOOG, GOOGL) well-received results last week could bode well for Microsoft, as investors focus on AI-driven sales gains:
Read more on Meta and Microsoft.
Trending tickers: Seagate, Avis and Sarepta
Here are some top stocks trending on Yahoo Finance in premarket trading:
Seagate Technology (STX) shares fell more than 6% on Wednesday before the bell after the company's first-quarter revenue forecast fell below Wall Street estimates on Tuesday. Seagate earnings were hurt by weak demand for its storage devices amid ongoing uncertainty in the personal computer market.
Avis (CAR) stock fell 5% premarket following the car rental company's earnings results on Tuesday. It was also announced that Alphabet (GOOG, GOOGL)-owned company Waymo plans to launch a robotaxi service next year in Dallas and will partner with Avis Budget Group to manage its fleet of all-electric autonomous Jaguar I-Pace vehicles.
Sarepta Therapeutics (SRPT) stock rose 10% in premarket trading on Wednesday following the news that it will now start shipping its top-selling muscular dystrophy therapy, Elevidys, after the US Food and Drug Administration (FDA) reversed its request for a voluntary pause late Monday.
Here are some top stocks trending on Yahoo Finance in premarket trading:
Seagate Technology (STX) shares fell more than 6% on Wednesday before the bell after the company's first-quarter revenue forecast fell below Wall Street estimates on Tuesday. Seagate earnings were hurt by weak demand for its storage devices amid ongoing uncertainty in the personal computer market.
Avis (CAR) stock fell 5% premarket following the car rental company's earnings results on Tuesday. It was also announced that Alphabet (GOOG, GOOGL)-owned company Waymo plans to launch a robotaxi service next year in Dallas and will partner with Avis Budget Group to manage its fleet of all-electric autonomous Jaguar I-Pace vehicles.
Sarepta Therapeutics (SRPT) stock rose 10% in premarket trading on Wednesday following the news that it will now start shipping its top-selling muscular dystrophy therapy, Elevidys, after the US Food and Drug Administration (FDA) reversed its request for a voluntary pause late Monday.
Starbucks stock pops after US sales fall less than feared
Shares of Starbucks (SBUX) rose in premarket despite a quarterly profit miss after sales in the coffee chain's US outlets proved healthier than expected.
Yahoo Finance's Brooke DiPalma reports:
Read more here.
Shares of Starbucks (SBUX) rose in premarket despite a quarterly profit miss after sales in the coffee chain's US outlets proved healthier than expected.
Yahoo Finance's Brooke DiPalma reports:
Read more here.
Major Asian gauges see slight boost from US-China trade talks
Markets across Asia saw tentative gains despite uncertainty in the aftermath of US-China trade talks. The two-day talks between the two economic powerhouses to discuss tariffs did not yield hard results, but representatives from both nations expressed positivity about the dialogue.
Reuters reports:
Read more here.
Markets across Asia saw tentative gains despite uncertainty in the aftermath of US-China trade talks. The two-day talks between the two economic powerhouses to discuss tariffs did not yield hard results, but representatives from both nations expressed positivity about the dialogue.
Reuters reports:
Read more here.
Samsung stock pops on Tesla deal
Samsung Electronics (005930.KS) has seen the benefits of a wave of market optimism following the unexpected announcement of a chipmaking deal with Tesla (TSLA) worth $16.5 billion.
Bloomberg reports:
Read more here.
Samsung Electronics (005930.KS) has seen the benefits of a wave of market optimism following the unexpected announcement of a chipmaking deal with Tesla (TSLA) worth $16.5 billion.
Bloomberg reports:
Read more here.
Oil prices hold after Trump-Russia row
Oil prices held gains overnight Tuesday after jumping 3% Monday, with supply issues in focus. Trump's continued pressure on Russia over the Ukraine war has raised concerns over how economic sanctions will impact the Slavic state's ability to produce oil at the current rate.
Reuters reports:
Read more here.
Oil prices held gains overnight Tuesday after jumping 3% Monday, with supply issues in focus. Trump's continued pressure on Russia over the Ukraine war has raised concerns over how economic sanctions will impact the Slavic state's ability to produce oil at the current rate.
Reuters reports:
Read more here.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
14 minutes ago
- Yahoo
1 Top Dividend ETF I Can't Wait to Buy More of in August
Key Points The Schwab U.S. Dividend Equity ETF holds 100 top dividend stocks. The fund offers a blend of yield and income. It has produced strong total returns over the long term. 10 stocks we like better than Schwab U.S. Dividend Equity ETF › Dividend stocks are powerful investments. They've outperformed nonpayers by more than two to one over the past 50 years. The strongest results come from companies that steadily increase their dividend payments. They've delivered a 10.2% average annualized return, according to Ned Davis Research and Hartford Funds. Invest in Gold American Hartford Gold: #1 Precious Metals Dealer in the Nation Priority Gold: Up to $15k in Free Silver + Zero Account Fees on Qualifying Purchase Thor Metals Group: Best Overall Gold IRA One of the easiest ways to capitalize on this powerful total return potential is to invest in an exchange-traded fund (ETF) that focuses on dividend-paying stocks, such as the Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD). Here's why I can't wait to buy more shares of this top dividend ETF this August. High-quality, high-yielding dividend stocks The Schwab U.S. Dividend Equity ETF employs a straightforward strategy to invest in dividend-paying stocks. Its goal is to closely track the Dow Jones U.S. Dividend 100 Index. That index aims to measure the performance of 100 top high-quality, high-yielding U.S. dividend stocks. It tracks companies that have consistent records of growing their dividends and strong financial profiles. The index screens for companies based on four dividend quality factors: Cash flow to total debt Return on equity Indicated dividend yield Five-year dividend growth rate These characteristics allow these companies to pay stable, rising dividends. At its annual reconstitution last March, the index's 100 holdings had an average dividend yield of 3.8%, and had increased their payouts at an average annual rate of 8.4% over the past five years. This blend of yield and growth positions the Schwab U.S. Dividend Equity ETF to deliver attractive total returns in the future. Cream of the dividend crop The Schwab U.S. Dividend Equity ETF is a who's who list of top-tier dividend stocks. Chevron (NYSE: CVX) currently clocks in as its top holding at 4.4% of its net assets. The oil giant has a 4.5% dividend yield, several times higher than the S&P 500's (SNPINDEX: ^GSPC) 1.2% yield, and has increased its dividend for 38 consecutive years (and by a peer-leading pace over the past decade). That spans multiple commodity price cycles, demonstrating the durability of its dividend. The oil company backs its high-yielding payout with the lowest production costs in the sector and one of its strongest balance sheets. Meanwhile, it has plenty of fuel to grow its dividend after closing its needle-moving Hess acquisition, which enhances and extends its growth outlook into the 2030s. PepsiCo (NASDAQ: PEP) is another top holding, at 4.2% of the fund's assets. The beverage and snacking giant currently has a 4% dividend yield. It raised its payment by 5% earlier this year, extending its growth streak to 53 years in a row. That keeps it in the elite group of Dividend Kings. The growing demand for its iconic brands, combined with acquisitions such as its recent deal for healthier soda brand Poppi, should support continued dividend growth. Strong returns SCHD's portfolio of high-quality, high-yielding dividend stocks has delivered strong returns for investors. The fund has paid a steadily rising dividend as the companies it holds increase their payouts: The fund's high-yielding and steadily rising payout has really added to its returns over the years. The Schwab U.S. Dividend Equity ETF has delivered double-digit annualized total returns over the past five- and 10-year periods, producing an 11.5% annualized total return since its inception in late 2011. The ETF currently offers investors a dividend yield of around 3.8% -- more than three times higher than the S&P 500. This should provide a strong and growing base return as its holdings increase their dividend payments. Meanwhile, growing earnings from the fund's companies should support continued growth in the fund's value. A top-tier dividend ETF The Schwab U.S. Dividend Equity ETF holds 100 of the best dividend-paying stocks in the country. These companies pay high-yielding and steadily rising dividends supported by high-quality financial profiles. These features put the fund in a strong position to continue delivering robust returns for investors. That's why I can't wait to buy more shares this month. Should you invest $1,000 in Schwab U.S. Dividend Equity ETF right now? Before you buy stock in Schwab U.S. Dividend Equity ETF, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Schwab U.S. Dividend Equity ETF wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $625,254!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,090,257!* Now, it's worth noting Stock Advisor's total average return is 1,036% — a market-crushing outperformance compared to 181% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025 Matt DiLallo has positions in Chevron, PepsiCo, and Schwab U.S. Dividend Equity ETF. The Motley Fool has positions in and recommends Chevron. The Motley Fool has a disclosure policy. 1 Top Dividend ETF I Can't Wait to Buy More of in August was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
14 minutes ago
- Yahoo
Honda Motor Co., Ltd. (HMC) Reports Production and Sales Report for June 2025
Honda Motor Co., Ltd. (NYSE:HMC) is included in our list of the . Image credit: Wikipedia/Public Domain Honda Motor Co., Ltd. (NYSE:HMC) released its June 2025 production and sales report on July 30, 2025, highlighting both strategic shifts and obstacles. In June 2025, the company's total worldwide output came to 287,783 units, a tiny 0.6% year-over-year (YOY) decrease led by a 2.4% decline in production outside of Japan. However, Japan experienced a robust recovery, with 60,804 units produced, an 8.5% year-over-year increase. Japan's production increased by 9.7%, contributing to the overall trend. The Japanese market also experienced difficulties, with sales falling 16.9% year over year to 49,263 units, the third consecutive month of declining sales. Sales of mini-vehicles fell 8.3% year over year, continuing their poor performance. Despite a robust 190.7% year-over-year growth in June shipments, which came to 12,012 units, Honda Motor Co., Ltd. (NYSE:HMC) faced difficulties with its export operations. The 472.4% increase in shipments to the USA, which made a substantial contribution to the overall export rise, was a noteworthy highlight. Despite these conflicting figures, Honda Motor Co., Ltd. (NYSE:HMC) is steadfast in its commitment to sustainable technologies, emphasizing environmentally friendly options. Notably, Honda Motor Co., Ltd. (NYSE:HMC) revealed a new plan on June 30, 2025, for the production of fuel cell modules in Moka City, Japan. The strategy aims to maintain the company's long-term commitment to hydrogen technology while reducing initial manufacturing capacity. Meanwhile, Macquarie downgraded Honda from 'Outperform' to 'Neutral' on June 25, 2025, indicating a more cautious stance in the face of global manufacturing challenges. Honda Motor Co., Ltd. (NYSE:HMC) makes motorcycles, automobiles, and power products in Japan. It is included in our list of cheap solid state battery stocks. While we acknowledge the potential of HMC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. Sign in to access your portfolio
Yahoo
14 minutes ago
- Yahoo
Polestar Automotive Holding UK PLC (PSNY) Secures $200M Investment to Accelerate EV Expansion
We recently compiled a list of the 10 Best Low Cost Stocks To Buy Under $50. Polestar Automotive Holding UK PLC is placed first on our list. Polestar Automotive Holding UK PLC (NASDAQ:PSNY) tops our list for being one of the cheap stocks to buy. It is a Swedish EV company founded in 2017 and focuses on producing premium battery electric vehicles with a strong emphasis on innovation and sustainability. Its product lineup includes the Polestar 2 sedan, Polestar 3 and 4 SUVs, Polestar 5 grand-touring sedan, and the Polestar 6 roadster. As of mid-2025, Polestar Automotive Holding UK PLC (NASDAQ:PSNY) is demonstrating strong operational momentum and expanding strategically. In Q2 2025, the company reported retail sales of 18,049 vehicles, marking a 38% year-over-year increase. Sales in the first half of 2025 rose by 51% compared to the same period in 2024, driven by increasing consumer demand and market penetration. In Q1 2025 alone, sales surged 76% year-over-year, with gross margins turning positive at 7%, aided by a favorable sales mix and cost control. To support future growth, the business is expanding its manufacturing capabilities through a strategic partnership with Volvo Cars. The upcoming Polestar 7, a premium compact SUV slated for launch in 2028, will be manufactured in Kosice, Slovakia. This decision enhances the corporation's production capacity, leverages Volvo's established infrastructure, and strengthens its position in the competitive electric SUV market. A fleet of electric light vehicles recharging their batteries in a parking lot. Additionally, the company secured a $200 million equity investment from PSD Investment Limited, linked to Geely's founder, bolstering its financial position to scale operations and roll out new models. While Polestar Automotive Holding UK PLC (NASDAQ:PSNY)'s trajectory shows promise, it must continue addressing typical EV start-up challenges, including cost structure management and cash flow improvements. While we acknowledge the potential of PSNY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
