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A new round of U.S. tariffs covering roughly 60 trading partners took effect Friday morning, with duties of 10% to 12.5% applied to goods representing about 99.4% of U.S. imports. The measures, built on Sections 301 and 232 authority as the temporary Section 122 tariffs expire, cap EU and Taiwan duties at 10% and Swiss and Japanese goods at 12.5%. The rollout lands after a rough Thursday on Wall Street: the S&P 500 fell 1.2%, the Dow lost about 507 points, and the Nasdaq drop

Brent crude settled above $100 a barrel on Thursday for the first time in nearly two months, closing at $100.68, while WTI briefly crossed $100 intraday before settling near $92. The spike followed Houthi attacks on two Saudi tankers in the Red Sea and renewed U.S.-Iran hostilities around the Strait of Hormuz. Regional crude flows have been severely disrupted, with Middle East seaborne exports down roughly 82% from January levels. Energy majors have been among the year's best

American Airlines reported second-quarter adjusted earnings of $0.15 per share on Thursday, well ahead of the $0.03 analysts expected, as revenue rose 16% to $16.74 billion — slightly below consensus. Despite the bottom-line beat, shares fell 8% on the session. The selloff was driven by a cut to full-year guidance: American now expects 2026 adjusted results ranging from a loss of $0.65 per share to a profit of $0.65, below the range it gave in April. Management cited softer d

AT&T shares climbed about 5% after the carrier posted second-quarter adjusted earnings of $0.65 per share, beating the $0.59 consensus, on revenue of $31.6 billion, up 2.3% from a year ago. Postpaid phone net additions of 432,000 easily topped the roughly 338,500 analysts had forecast. Broadband momentum continued, with 646,000 total internet net additions — 367,000 from fiber and 279,000 from fixed wireless. AT&T held its full-year outlook of $2.25 to $2.35 in adjusted EPS a

DraftKings shares closed at $22.81 on Thursday, down about 34% year to date and nearing the stock's 52-week low of $20.46, after a 4.3% drop earlier in the week. Stifel trimmed its price target, citing customer-friendly June sports outcomes and roughly $125 million of investment tied to prediction markets and World Cup marketing. The company's DKeX prediction-markets push remains a focal point for traders, offering a potential new growth avenue but adding near-term spend at a

Hertz Global Holdings shares touched a fresh 52-week low this week after the company priced a dilutive stock offering and lowered its second-quarter outlook. Hertz sold roughly 37 million shares at $2.70 apiece — a 10% discount to the prior close — alongside an upsized $300 million exchangeable notes offering and a separate $100 million share sale. The company now expects second-quarter adjusted EBITDA of $50 million to $80 million, near the low end of its earlier range, citi

U.S. stocks rallied Tuesday, snapping a three-day losing streak, as strong corporate earnings and semiconductor strength outweighed lingering concern over the Iran conflict. The Dow Jones Industrial Average rose 385.38 points, or 0.74%, to close at 52,224.64. The S&P 500 advanced 0.89% to 7,509.20, while the Nasdaq Composite gained 1.29% to 25,837.21, led by chipmakers including Micron, which surged 12%. Earnings drove much of the optimism. 3M jumped more than 7% after postin

Stifel raised its price target on Freeport-McMoRan to $80 from $76 while maintaining a Buy rating, pointing to a favorable copper backdrop even as the miner works through production pressure at its Grasberg mine in Indonesia. Shares recently traded near $61.52, up 18.5% year to date. Copper has been volatile in recent weeks — FCX fell nearly 5% on July 8 amid broader weakness in copper prices — but electrification and data center demand continue to support the metal longer te

Genius Sports shares climbed as much as 7.14% to $6.75, buoyed by a new Buy rating from Freedom Capital Markets, which cited confidence in the company's betting-data business. The move came even as Wells Fargo trimmed its price target on the stock to $8 from $9. The mixed analyst signals underscore the market's divided view on Genius Sports heading into its next earnings report, scheduled for August 11, 2026. The sports-data and technology provider, which partners with league

Shares of Super Micro Computer jumped sharply in after-hours trading Tuesday, gaining roughly 24% to around $34.66, as investors responded to renewed confidence in the company's AI infrastructure strategy and margin trajectory. The move follows a regular session in which the stock traded between $24.33 and $25.25. Analyst sentiment remains split. Five analysts rate the stock a buy while three recommend selling, landing the consensus at Neutral with an average 12-month price t

Nio shares have extended gains since Goldman Sachs upgraded the Chinese EV maker to Buy from Hold with a $7 price target, citing improving margins and volume growth. The stock rose 3.7% on the upgrade and has held most of that ground as analysts firm up second-quarter estimates. The operational picture has improved markedly. Nio delivered 40,597 vehicles in June, up 63% from a year earlier and its best monthly tally of 2026, though second-quarter deliveries of 107,658 came in

A pivotal week begins for the portfolio's telecom holdings. AT&T reports second-quarter results Wednesday, July 22, with Wall Street looking for roughly $32 billion in revenue and $0.59 in earnings per share. The stock, recently near $22, remains weighed down by a Wells Fargo Underweight rating framed around competition risk from Starlink's direct-to-device satellite service. Verizon follows on Friday, July 24. Consensus calls for about $35.5 billion in revenue, up roughly 5%

Virgin Galactic filed a Form S-3ASR shelf registration with the SEC on July 17, a filing that gives the company flexibility to raise capital and often precedes new share issuance. The move lands with the stock near $2.63, down roughly 70% from its 52-week high of $8.90 set in June. The company continues to target the fourth quarter of 2026 for the start of commercial flights on its new Delta-class spaceships, contingent on the current test campaign. The Delta program is centr

UPS has struck a deal with the Teamsters capping its driver severance buyouts at 7,500 drivers at up to $150,000 each, easing a dispute that had drawn a union lawsuit over the company's Driver Choice Program. The program was oversubscribed in its first quarter, generating about $150 million in transitional costs that management says will fade through the year. The buyouts are part of a sweeping restructuring in which UPS is eliminating up to 30,000 operational jobs and closin

U.S. stock futures pointed higher Monday morning, with S&P 500 futures up about 0.3% and Nasdaq 100 futures up 0.6%, as investors weighed the latest military exchanges between the U.S. and Iran against fresh hopes for a diplomatic settlement. Sentiment improved after an Iranian Foreign Ministry spokesman signaled openness to negotiations, even as the U.S. completed a ninth consecutive day of strikes overnight. The conflict is still being felt at the pump: average U.S. gasolin

Coca-Cola reports second-quarter results on July 28 before the open, with analysts expecting earnings of $0.92 per share, up 5.8% from a year ago, on revenue of about $13.05 billion. The company has beaten bottom-line estimates in each of the last four quarters and trades near its 52-week high after an 18.7% gain over the past year. Wall Street is leaning bullish into the print: 19 of 25 covering analysts rate the stock Strong Buy, and recent weeks brought a wave of target hi

Kroger has agreed to acquire Giant Eagle, the family-owned food and pharmacy retailer with roughly $9 billion in annual sales, in a deal valued at $1.65 billion — $1.25 billion in cash plus the assumption of about $400 million in liabilities. The acquisition adds 197 supermarkets and 11 standalone pharmacies across northern Ohio, western Pennsylvania, West Virginia, Maryland and Indiana. The proposed tie-up is already facing regulatory scrutiny, an echo of the antitrust fight

Bank of America shares climbed after the lender posted second-quarter earnings of $1.21 per share, beating consensus estimates of roughly $1.12. Profit surged 27% to $9.1 billion as revenue rose 15% year over year to $31.6 billion, ahead of the $30.67 billion analysts expected. Equities trading was the standout, with revenue up 70% to $3.6 billion on robust client activity in derivatives and cash products. Net interest income climbed 9% to $16.2 billion, deposits grew for a t

Riot Platforms fell about 7% as bitcoin miners sold off across the board, with bitcoin trading near $64,460 and pressure mounting on crypto-linked and high-beta data center names. Peers fell in sympathy: MARA lost roughly 6.8%, CleanSpark 6.3% and IREN 8.8%, pointing to a sector-wide move rather than a company-specific setback. The slide comes as Riot rebalances its business between bitcoin mining and AI-focused data centers. The company recently filed a $416.4 million shelf

Walmart's U.S. chief operating officer Kieran Shanahan has stepped down, with international COO Kyle Kinnard — a 25-year company veteran who formerly ran the U.S. health and wellness division — set to succeed him. Shares traded between roughly $113.60 and $118.09 this week, outperforming the S&P 500. The transition lands as investors debate Walmart's premium multiple of about 40 times trailing earnings. Bulls point to the higher-margin growth engines: global advertising climb