U.S. President Donald Trump speaks during an event to honor recipients of the Purple Heart in the East Room of the White House on August 07, 2025 in Washington, DC. Anna Moneymaker | Getty Images President Donald Trump on Friday warned U.S. courts against blocking his tariff policy, citing its “positive impact” on the stock…
Texas Roadhouse on Thursday evening reported mixed second-quarter results as elevated beef prices weighed on profitability. Still, the company posted strong comparable sales and said the ongoing third quarter was off to a great start, offsetting some fears around higher input prices. Revenue in the quarter ended July 1 increased 12.8% year over year to…
The Club’s 10 things to watch Friday, Aug. 8 — Today’s newsletter was written by Jeff Marks, director of portfolio analysis 1. The S & P 500 is pointing to a higher open this morning after a modest pullback yesterday, keeping the index on track for a positive week. The Dow, after a sharp reversal…
Check out the companies making headlines before the bell: Under Armour — The retail stock tumbled 21% after American sportswear company posted first-quarter results that missed estimates. Under Armour reported adjusted earnings of 2 cents per share, lower than the FactSet consensus estimate of 3 cents. Revenue of $1.10 billion came in below the $1.13…
Global markets have largely been indifferent to U.S. President Donald Trump’s latest tariffs, a sharp departure from the steep selloff triggered by his April 2 announcement of “reciprocal” duties, as investors grow increasingly numb to what they see as a negotiating tactic. In recent days, the U.S. rolled out new tariffs of 10% to 15%…
Watch: Munich Re CFO interview Munich Re shares have tumbled toward the bottom of the Stoxx 600 this morning, after the reinsurer cut its revenue guidance for the year. The company’s chief financial officer, Christoph Jurecka, told CNBC’s “Squawk Box Europe” that the tariff environment is not affecting its commitment to the U.S., and warned…
Japan’s Topix hits all-time high Japan’s Topix index rose for the fourth consecutive session Friday and hit a record high of 3,031.78. The broad-based index had gained 1.42% as of 10 a.m. local time (9 p.m. ET Thursday), Gains were led by Nippon Chemical Industrial, which surged 23.06%, investment management firm Miyakoshi Holdings, which rose…
Traders work on the floor of the New York Stock Exchange during morning trading on August 05, 2025 in New York City. Michael M. Santiago | Getty Images News | Getty Images U.S. stock futures ticked higher on Thursday night after the Dow Jones Industrial Average logged its second losing day in the past three….
Zoom In IconArrows pointing outwards Source: danivesclothing.com Dan Ives is bringing a new definition to the term “street wear”. The Wedbush Securities global head of technology research on Thursday launched a unisex fashion line with Snow Milk, a Brooklyn-based brand specializing in thrifted, upcycled and new, numbered clothing. The shirts and other items will let…
My top 10 things to watch Thursday, Aug. 7 1. Club name Apple shares are up again this morning, building on yesterday’s 5.1% jump after announcing an additional $100 billion investment into the U.S. and the creation of the American Manufacturing Program. Bank of America suggested iPhones could gain market share if competitors face tariffs…