Kiplingerยท2025-09-25 20:08Economic Overview - The U.S. economy grew by 3.8% in Q2, surpassing the previous estimate of 3.3% [1] - Economic growth is outpacing elevated inflation significantly, according to Northlight Asset Management [4] - New orders for durable goods increased by 2.9% in August after two months of declines [4] Stock Market Performance - Major U.S. equity indexes extended their losing streaks to three days, with the Dow Jones down 0.4%, S&P 500 down 0.5%, and Nasdaq down 0.5% [7] - The S&P 500 is currently more than 2% above the average year-end analyst forecast [4] Company Highlights - IBM's stock rose by 5.2% after HSBC reported using its quantum computers for bond market predictions, achieving a 34% improvement over classical methods [8] - Intel's stock surged by 8.9% amid reports of soliciting an equity investment from Apple, with a year-to-date increase of 69.5% [8][9] - CarMax's stock fell by 20.1% after reporting Q2 earnings of 64 cents per share, below the consensus estimate of $1.04, and same-store sales declined by 6.3% [10] - Lithium Americas' stock increased by 22.3% as it discusses an equity stake with the Trump administration, linked to a $2.26 billion loan for its Thacker Pass mine [12][13]