Market Overview - U.S. stocks traded higher, with the Dow Jones index gaining over 100 points, up 0.25% to 44,133.80, NASDAQ rose 0.09% to 20,696.02, and S&P 500 increased 0.12% to 6,251.54 [1] - Health care shares jumped by 1.2%, while energy stocks dipped by 0.3% [1] Company Performance - Goldman Sachs Group Inc. reported second-quarter results that exceeded analyst expectations, with net revenue rising 15% year over year to $14.58 billion, surpassing the consensus estimate of $13.36 billion, although it declined 3% from the prior quarter [2] - GAAP earnings for Goldman Sachs came in at $10.91 per share, up from $8.62 a year ago and above the $9.48 consensus, with first-half EPS rising to $25.07 from $20.21 a year earlier [2] Stock Movements - Aptorum Group Limited shares surged 256% to $3.45 following an all-stock merger agreement with DiamiR [8] - Nuwellis, Inc. shares increased by 121% to $15.25 after securing a U.S. patent for a blood filtering machine [8] - Rigetti Computing, Inc. shares rose 30% to $16.59 after unveiling the largest multi-chip quantum computer in the industry [8] - Soluna Holdings, Inc. shares dropped 28% to $0.5481 after announcing a $5 million public offering [8] - ASML Holding N.V. shares fell 9% to $748.09 due to concerns over 2026 growth prospects [8] - Onconetix, Inc. shares decreased by 22% to $3.5150 following a merger agreement with Ocuvex Therapeutics [8] Commodity Prices - Oil traded down 0.5% to $66.18, while gold increased by 0.7% to $3,358.70 [5] - Silver fell 0.1% to $38.085, and copper decreased by 0.9% to $5.53 [5] Economic Indicators - U.S. crude oil inventories declined by 3.859 million barrels in the week ended July 11 [11] - U.S. industrial production increased by 0.3% in June, exceeding market estimates of a 0.1% rise [11] - U.S. producer prices remained unchanged in June from May, compared to a revised 0.3% gain in the previous period [11]

Goldman Sachs Group Inc. GS reported a solid second quarter for 2025, with results surpassing analyst estimates. The firm demonstrated strong performance across key segments, including significant contributions from its trading and investment banking operations. This quarter’s results also saw the company increase its shareholder returns.JPMorgan analyst Kian Abouhossein reviewed Goldman Sachs Group Inc.‘s GS second-quarter 2025 results, highlighting a solid earnings beat and strong performance across key s ...

Each year, FTSE Russell recalibrates its U.S. indexes to ensure they accurately represent the evolving market. The Russell 1000 Index, comprising the largest 1,000 U.S. companies by market cap, saw some notable additions and exclusions in 2025. Reconstitution: The Russell Index reconstitution ranks among the busiest trading days of the year, as asset managers rebalance portfolios to align with the updated index components. This year's event set a new record when 2.5 billion shares changed hands in just 0.9 ...

Core Insights - Bank of America Corp. reported second-quarter fiscal 2025 results that largely surpassed expectations, with earnings per share aligning with consensus estimates [1][3] - The bank demonstrated resilience through stronger core fees and stable operating efficiency, despite a slight decrease in net interest income (NII) [1][3] - Investors are focused on the bank's NII outlook for the latter half of 2025, along with operating leverage and trading revenue performance [1][10] Financial Performance - The reported EPS was 89 cents, matching both consensus estimates and Goldman Sachs' projection [3] - Core pre-provision net revenue (PPNR) was $9.5 billion, in line with expectations, supported by stronger core fees [3][6] - Fee income exceeded consensus by 0.5%, driven by a 15% year-over-year increase in trading revenue [6] NII Guidance - NII guidance remains at $15.5 to $15.7 billion for the fourth quarter of fiscal 2025, factoring in fewer rate cuts than previously assumed [4] - Anticipated NII improvement in the second half of 2025, with asset repricing expected to increase from $100 million in Q2 to $225 million per quarter in Q3 and Q4 [4][5] Loan and Deposit Growth - Loan growth guidance was revised upward from low to mid-single digits, with deposits 1% above expectations [5] - Loans grew 1% sequentially, with commercial lending up 5% and consumer lending up 1% [5] Efficiency and Expenses - The core efficiency ratio was 64.5%, slightly worse than consensus, with core expenses of $17.2 billion, up 5% year-over-year [7] - The analyst seeks clarification on the validity of the full-year expense guidance [7] Credit Quality - Provisions were 2% below expectations, with a $67 million reserve build aligning with forecasts [8] - Net charge-offs increased 5% quarter-over-quarter, coming in 1% above consensus, but no significant credit quality deterioration was observed [8] Capital Return - Bank of America repurchased $5.3 billion in stock during the quarter, with a CET1 ratio of 11.5%, remaining above the regulatory minimum [9] - Further details are sought on capital deployment plans amidst potential changes to capital requirements [9]

Core Insights - GameStop Corporation has seen significant involvement from CEO Ryan Cohen, who has increased his stake in the company to 13% and became chairman in June 2021 and CEO in September 2023 [1][3] - Cohen expressed a lack of respect for short sellers, viewing their actions as un-American, but remains focused on running the business rather than on short selling activities [3][4] - The company has shifted its focus from hardware to collectibles, which has contributed to profitability, with GameStop generating profits every quarter [5] Stake and Leadership - Ryan Cohen disclosed a 9% stake in GameStop in August 2020, later increasing it to 13% [1] - Cohen became chairman in June 2021 and was appointed CEO in September 2023 [1] Short Selling Dynamics - Approximately 18.9% of GameStop's float is currently shorted, although the number of short sellers has declined [3] - Cohen believes that short sellers may ultimately need to cover their positions, which could be beneficial for the company [3] Business Strategy and Profitability - GameStop has fewer stores now but is more profitable, with a focus on collectibles like trading cards [5] - Cohen indicated that the retail business is now profitable, leading to a strategic shift away from hardware [5] Financial Considerations - Cohen mentioned that there are tax implications regarding dividends, suggesting it may be better to reinvest in the company for future opportunities [6] - GameStop's stock was up 0.6% to $23.36, with a year-to-date decline of 23.8% in 2025, but has increased over 2,250% in the last five years [6]

United Airlines Holdings Inc UAL stock is in the green, rallying on strong chart signals ahead of its second quarter earnings report after market close Wednesday.Bullish Technicals Set The Stage For A BreakoutChart created using Benzinga ProShares are trading around $87.41, comfortably above their eight-, 20-, 50-, and 200-day simple moving averages, a classic bullish indicator that suggests the trend is favorable, despite selling pressure indicating caution ahead.The Relative Strength Index (RSI) is at 59. ...

Core Insights - Abbott Laboratories is set to release its second-quarter earnings results on July 17, with expected earnings of $1.25 per share, an increase from $1.14 per share in the same period last year [1] - The company anticipates quarterly revenue of $11.02 billion, up from $10.38 billion a year earlier [1] - Abbott received FDA approval for its Tendyne™ transcatheter mitral valve replacement system, which positively impacted its stock price [2] Analyst Ratings - Morgan Stanley analyst David Lewis maintained an Equal-Weight rating and raised the price target from $127 to $137 [5] - Raymond James analyst Jayson Bedford maintained an Outperform rating and increased the price target from $132 to $142 [5] - Barclays analyst Matt Miksic maintained an Overweight rating and slightly raised the price target from $158 to $159 [5] - Stifel analyst Rick Wise maintained a Buy rating and increased the price target from $135 to $145 [5] - Jefferies analyst Matthew Taylor maintained a Hold rating and raised the price target from $135 to $137 [5]

Jim Cramer has a message for Apple Inc. AAPL: Stop recycling your cash and start reimagining the future. The “Mad Money” host isn't mincing words—he wants Apple to stop pouring billions into stock buybacks and instead invest the cash hoard in a brain.Translation? Ditch the financial engineering and acquire cutting-edge AI talent, tech, and tools—like red-hot Perplexity—to supercharge innovation.Read Also: Apple Strikes $500 Million Deal With MP Materials To Reduce China Reliance On Critical MagnetsBuybacks: ...

To gain an edge, this is what you need to know today.Data On ConsumerPlease click here for an enlarged chart of Bank of America Corp BAC.Note the following:This article is about the big picture, not an individual stock.  The chart of BAC stock is being used to illustrate the point.The chart shows that the recent attempt from BAC stock to breakout failed.The chart shows BAC has pulled back.RSI on the chart shows that BAC stock is now oversold and has the potential to rally.Investors should watch the chart of ...

U.S. stocks traded mixed this morning, with the Nasdaq falling around 0.1% on Wednesday.Following the market opening Wednesday, the Dow traded up 0.08% to 44,060.17 while the NASDAQ fell 0.05% to 20,667.98. The S&P 500 also rose, gaining, 0.03% to 6,245.49.Check This Out: How To Earn $500 A Month From Morgan Stanley Stock Ahead Of Q2 EarningsLeading and Lagging SectorsHealth care shares jumped by 1.2% on Wednesday.In trading on Wednesday, energy stocks dipped by 0.8%.Top HeadlineBank of America Corp BAC pos ...