Toyota, Honda Brace for Impact After Trump Auto Tariffs, Stronger Yen
Toyota likely saw a dip in first-quarter operating profit, according to estimates. While the company posted record global sales in the first half driven by a surge in pre-tariff purchases, Bloomberg Intelligence said the automaker is likely weighed down by factors including supply chain costs.
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Spanish Utility Naturgy to Sell 5.5% Stake to Boost Stock Liquidity
Naturgy Energy Group SA is looking to sell a combined 5.5% stake through two deals, in an effort to boost liquidity in the stock. The Spanish utility is offering about 19.3 million treasury shares to investors at at least €25.90 per share, according to terms seen by Bloomberg. The offering is set to raise at least €500 million ($578 million), with proceeds earmarked for general corporate purposes.
Yahoo
28 minutes ago
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Why Shopify Stock Is Rising Today
Key Points Investors may be responding to the fact that the E.U. said it won't increase tariffs on the U.S. just yet. But slowing job growth and uncertainty around tariffs could eventually weigh on the economy. Shopify investors should keep a close watch on the company's upcoming quarterly results. 10 stocks we like better than Shopify › Shares of the e-commerce platform company Shopify (NASDAQ: SHOP) were rebounding today after stumbling on Friday after a weaker-than-expected jobs report. Investors regained some of their optimism for the company today, as the European Union says it's delaying some retaliatory tariffs on the U.S. for six months. Shopify investors are closely watching for any positive economic news as they prepare for the company's Q2 earnings report due out on Wednesday. Shopify stock was up by more than 5% this morning and had gained 4.8% as of 11:29 a.m. ET. Some positive news ahead of Shopify's upcoming earnings report Profit growth has been slowing for Shopify, and investors will get more details on which direction it's currently headed when the company reports second-quarter results on Wednesday. In the meantime, investors were responding positively to the E.U.'s announcement that it will hold off on any retaliatory tariffs against the U.S., as it tries to strike a trade deal. Investors were spooked on Friday by a weak jobs report for June and significantly revised jobs numbers for May, which caused a sell-off among many stocks on Friday. So any news that the U.S. isn't entering a new stage of a trade war with the E.U. caused investors to respond positively. Shopify's growth is dependent on how well companies are growing in the U.S. and how many new businesses are started. So any slowdown in the economy will weigh down the company's sales and earnings. The latest job data wasn't a good sign, but with today's gains, it appears investors aren't yet sold on the idea that the U.S. economy is slowing down. Shopify investors will know more very soon Wednesday's Q2 report will prove whether investors' optimism is misplaced or not. It's certainly not time to panic about the economy, but there are significant uncertainties right now as hiring slows down and the dust settles on new tariffs. It could take months for both to work their way through the economy, which means the next few quarters will be especially important to watch for Shopify investors. Should you invest $1,000 in Shopify right now? Before you buy stock in Shopify, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Shopify 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 $624,823!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,064,820!* Now, it's worth noting Stock Advisor's total average return is 1,019% — a market-crushing outperformance compared to 178% 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 August 4, 2025 Chris Neiger has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Shopify. The Motley Fool has a disclosure policy. Why Shopify Stock Is Rising Today was originally published by The Motley Fool
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Coinbase stock hit with analyst downgrade citing 'limited support' for current valuation
Coinbase (COIN) got downgraded by analysts at Compass Point who questioned whether its valuation was sustainable. The analysts changed Coinbase's rating to Sell from Neutral and lowered its price target to $248 from $330 per share. The new price target represents a 21% decline from Friday's close. "While we remain constructive on the current crypto cycle, we expect a choppy 3Q alongside weak August/September seasonality and waning retail interest in crypto treasury stocks," Compass Point analyst Ed Engel wrote on Sunday night. "As such, we see limited support for COIN's valuation if crypto markets sell off further," he noted. The development comes after the crypto platform's stock plunged 14% on Friday, its biggest intraday drop since April, after the company's quarterly earnings report showed that revenue last quarter took a hit from lower trading volume. Compass Point pointed to Coinbase's Subscription & Services (S&S) revenue, which came in at $655.8 million versus Wall Street estimates for $715.2 million. S&S includes plans such as Coinbase One, a monthly subscription product that offers no trading fees and other perks "Investors place a higher premium on these recurring fees, thus disappointing S&S fees have a more pronounced impact on COIN's valuation," Engel wrote. The analyst also pointed out that increasing stablecoin competition will likely put downward pressure on the valuation for Coinbase and its partner, Circle (CRCL). Read more: Can you buy crypto with a credit card? See the pros and cons. The issuer of digital tokens backed by the US dollar shares part of its interest income revenue with Coinbase. Engel and his team also said they believe interest in crypto treasury stocks such as Strategy (MSTR), the largest public holder of bitcoin, is declining, limiting the ability for companies to raise money for more token purchases, essentially crypto's upside in the near term. The analyst noted Strategy has recently slowed purchases of bitcoin. "With Strategy buying $18bn BTC YTD, MSTR's pivot removes another layer of BTC buying pressure," Engel said. Not all analysts are so bearish. The stock has 19 analyst Buy recommendations, 16 Hold, and 5 Sell, according to Bloomberg data. Bernstein analysts recently dubbed Coinbase a "one-stop Amazon" of crypto services. In a note last week, the analysts reaffirmed an Outperform rating on the stock with a $510 price target. Instead, the analysts said investors should focus on crypto derivatives and the company's "everything exchange" vision for the platform. On the company's earnings call, CEO Brian Armstrong highlighted Coinbase's focus on tokenized equities, or digital tokens representing real-world stocks. "We believe tokenized equities are more efficient with global coverage, 24/7 trading, instant settlement, and the ability to offer perpetual futures," Armstrong told analysts. Year to date, Coinbase shares are up roughly 24%.Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on X at @ines_ferre. Click here for in-depth analysis of the latest stock market news and events moving stock prices 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
