ASML cuts outlook, Palantir & ARM upgraded: Trending Tickers

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2 days ago

Here are some of the stocks on the move on Wednesday, July 16.
ASML (ASML) stock is under pressure after the company narrowed its 2025 guidance, citing rising tariff uncertainty and geopolitical tensions.
Palantir (PLTR) stock is in focus after Mizuho upgraded the company to Neutral, noting increased enterprise activity and strong artificial intelligence (AI) adoption.
ARM Holdings (ARM) is rising following an upgrade to Outperform from Neutral by BNP Paribas, which sees upside potential from the company's expansion into ASIC chips and data centers.
To watch more expert insights and analysis on the latest market action, check out more Market Domination here.
Now time for some of today's trending tickers. Gonna start with ASML, that company narrowing its guidance for the remainder of 2025 amid tariff uncertainty. So this one was interesting, Chris. Uh, it sounds like we have a company kind of walking back the forecast here. That sales will grow next year. They're walking that back. They seem like they're pinning it on trade disputes in part. CEO saying we continue to see increasing uncertainty driven by macroeconomic and geopolitical developments. While we still prepare for growth in 2026, we cannot confirm it at this stage.
I think you're going to hear a lot more about that as we go through the earnings season. You know, not to harp on it 'cause we were just talked about tariffs and trade deals and that uncertainty, but it's kind of a cover if you want to think about it, right? If If you're a company and you're planning whether it's your capital spending budget, or your outlook for how what consumers are going to do, whether or not others will be, you know, taking your products, you don't really know the landscape. You can see the data, but this tariff uncertainty is just amping up questions that you just don't have the answers to right now. And I've been thinking that this earnings season, more companies than not are likely to guide more conservatively because we don't know that. I'm a little concerned about where the S&P 500 is, right? Earnings expectations come down. That either means the market comes down or the multiple goes higher. And at what point do people start to question the market valuation?
To your point, the CFO of the company saying customers, I thought this was interesting. So, customers are more more concerned about the tariff discussion today than they were three months ago. Countries are in full battle mode again when it comes to tariffs.
100%. I mean, you know, again, Trump has kind of pushed it down, and we've got now 30%, 35%, potentially higher. How do you plan in that environment if you don't? Because you don't know if that's going to be it. Could it be something else? Could it be even higher, you know? If something happens and Trump says, "Ah, we're gonna do this." So it's a very uncertain time, hard to plan for.
All right, let's turn to another one. Now with Palantir, that stock getting a lift at Mizuho, the firm highlighting a bright spot for revenue growth. So Mizuho upgrades this one, they go to neutral, right? And here's what they say, Chris, they say, "While checks on Palantir's business are very limited, we heard we heard that enterprise inbound activity rose materially. We anticipate ongoing strong AI adoption in the US." We believe Palantir has a legitimate chance, they say, to accelerate total revenue growth for growth for a fifth consecutive quarter.
Yeah, that's why That's why we own the stock in the pro portfolio at the street. That's why we bought it in, you know, around 70, 75 on that pullback earlier in the year. What confounds me, though, is an upgrade to a neutral with a price target that is lower than where the stock is. Doesn't seem to make sense. Uh, if I were to sift through it, put my buy-side hat on, sounds like you missed it, and he's kind of trying to catch up.
Uh they They acknowledge they call it a sky-high valuation, is how they put it, Chris. But the robo robust growth story appears intact. Their target looks like 135. To your point, the stock has been of course a monster.
Yeah, it has. It has. I I honestly think, Josh, that you're saying, "Wow, we see big growth out there, but we're concerned about the value." You're talking out of both sides of your mouth. Which one is it?
Got a call. All right, lastly, Arm Holdings is getting an upgrade at BNP Paribas, citing potential upside from ASIC chips. Uh so they upgrade this one to outperform, their target's 120. What do you make of that one, Chris?
Uh again, little late to the party on this one.
Big move off the IPO, though.
Oh, oh, yeah. Yeah. But I mean, you know, look, we're going into the seasonally strongest part of the year for their key end markets. Um they are trying to move more into data centers. So it does make sense that, you know, you want to be where the growth is going into the second half of the year. Personally, I prefer Nvidia, Marvell, and Qualcomm over this, but that's just me.
To your point, the analyst does say here, there are still significant upside to be had. That's what they're telling clients.