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Stock Market Today: Nvidia Dips Off New Highs While AI Stocks Maintain Their Edge
The Motley Fool· 2025-07-29 21:11
Core Insights - Nvidia reached a new all-time high of $179.38 before closing down 0.70% at $175.51, driven by a significant 300,000-unit order for H20 chips for China, indicating strong overseas demand despite U.S. export restrictions [2][4] - The overall investor enthusiasm for AI infrastructure was bolstered by Alphabet's 13% increase in capital expenditures and the U.S. government's new AI Action Plan [2] - Nvidia's slight decline mirrored the broader market trends, with the S&P 500 and Nasdaq Composite falling by 0.3% and 0.38% respectively, while semiconductor peers like AMD and Broadcom achieved new highs [3] Company Performance - Nvidia's trading volume was 153 million shares, below the average of 194 million shares, suggesting mild profit-taking rather than sector weakness [4] - The modest retreat after reaching a new high reflects healthy consolidation, supported by strong demand for AI infrastructure and positive sentiment in the semiconductor sector [4] Industry Trends - Advanced Micro Devices (AMD) saw a 2.18% increase to $177.44, marking a new 52-week high, while Broadcom rose 1.06% to $297.42, also achieving a new all-time high, indicating robust enterprise demand for custom AI accelerators [3]
Visa Sees No Sign of a Slowdown
The Motley Fool· 2025-07-29 21:11
Resilient consumer spending and strong financial metrics add up to a solid quarter.Here's our initial take on Visa's (V -1.00%) latest financial report.Key MetricsMetricQ3 2024Q3 2025Changevs. ExpectationsRevenue$8.9 billion$10.2 billion14%BeatAdjusted EPS$2.42$2.9823%BeatProcessed transactions59.3 million65.4 million10%n/aPayment volumes$3.3 billion$3.6 billion9%n/aConsumer Spending Drives a Solid BeatVisa beat top- and bottom-line expectations for the quarter, reporting solid 14% revenue growth and 23% ea ...
ATTENTION NASDAQ: RXST INVESTORS: Contact Berger Montague About an RxSight Class Action Lawsuit
Prnewswire· 2025-07-29 21:11
PHILADELPHIA, July 29, 2025 /PRNewswire/ -- Berger Montague PC, a nationally recognized securities litigation law firm, is investigating potential securities law violations involving RxSight, Inc. ("RxSight" or the "Company") (NASDAQ: RXST). A class action lawsuit was recently filed on behalf of investors who acquired RxSight securities between November 7, 2024 and July 8, 2025 (the "Class Period").Investor Deadline: Investors who purchased or acquired RxSight securities during the Class Period may, no late ...
NOV Inc. (NOV) Q2 2025 Earnings Conference Call Transcript
Seeking Alpha· 2025-07-29 21:08
NOV Inc. (NYSE:NOV) Q2 2025 Earnings Call July 29, 2025 11:00 AM ET Company Participants Amie D’Ambrosio - Director of Investor Relations Clay C. Williams - Chairman & CEO Jose A. Bayardo - President & COO Rodney C. Reed - Senior VP & CFO Conference Call Participants Douglas Lee Becker - Capital One Securities, Inc., Research Division Grant Hynes - JPMorgan Chase & Co, Research Division James Michael Rollyson - Raymond James & Associates, Inc., Research Division John Matthew Daniel - Daniel Energy Partners, ...
RCKT DEADLINE REMINDER: Berger Montague Reminds Rocket Pharmaceuticals (NASDAQ: RCKT) Investors of Important Class Action Lawsuit Deadline
Prnewswire· 2025-07-29 21:06
Core Viewpoint - Rocket Pharmaceuticals is facing a class action lawsuit for allegedly concealing safety concerns related to its RP-A501 trial, which has resulted in significant investor losses [1][2]. Company Overview - Rocket Pharmaceuticals is based in Cranbury, New Jersey, and focuses on research and clinical programs in genetic medicine [2]. Legal Issues - The lawsuit claims that Rocket Pharmaceuticals failed to disclose the introduction of a new immunomodulatory agent in the RP-A501 protocol before a patient experienced a fatal adverse event [2]. - Following the announcement of an FDA clinical hold, Rocket Pharmaceuticals' stock price declined nearly 37% over two trading days [2]. Class Action Details - Individuals who purchased Rocket Pharmaceuticals securities from September 17, 2024, to May 26, 2025, may be eligible to join the class action [3]. - The deadline to file for lead plaintiff status is August 11, 2025 [3].
The fact that gold is not lower should tell you a lot, says State Street's Aakash Doshi
KITCO· 2025-07-29 21:05
Neils ChristensenNeils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada. He has worked exclusively within the financial sector since 2007, when he started with the Canadian Economic Press. Neils can be contacted at: 1 866 925 4826 ext. 1526 nchristensen at kitco.com @Neils_cShareDisclaimer: The views expressed ...
BOARDWALK REIT REPORTS STRONG RESULTS FOR Q2 2025
Prnewswire· 2025-07-29 21:05
CALGARY, AB, July 29, 2025 /PRNewswire/ - Boardwalk Real Estate Investment Trust (TSX: BEI.UN)SUMMARY HIGHLIGHTS FOR THE THREE AND SIX-MONTH PERIODS ENDED JUNE 30, 2025 STRONG FINANCIAL PERFORMANCEFOR THE 3 MONTH PERIOD ENDED JUNE 30, 2025 Funds From Operations ("FFO") of $1.16 per Unit(1)(2); an increase of 11.5% from Q2 2024 Profit of $76.3 million Net Operating Income ("NOI") of $104.2 million; an increase of 9.0% from Q2 2024 Same Property(3) Net Operating Income ("Same Property NOI") of $104.4 million ...
Hammond Manufacturing Company Limited Announces Declaration of Dividend Payment
Thenewswire· 2025-07-29 21:05
 GUELPH, ONTARIO – July 29, 2025 – TheNewswire -  Hammond Manufacturing Company Limited (HMCL) (TSX: HMM.A) today announced that HMCL’s Board of Directors has declared a dividend of $0.03 per Class A Subordinate Voting Share and $0.03 per Class B Common share (not listed on the TSX) payable August 22, 2025, to shareholders of record at the close of business on August 11, 2025. The board has not adopted a formal dividend policy, and no decision has been made with respect to the declaration of any future div ...
Hammond Manufacturing Company Limited Announces Financial Results For The Second Quarter Ending June 27, 2025:
Thenewswire· 2025-07-29 21:05
GUELPH, ONTARIO – July 29, 2025 – TheNewswire -  To all employees and shareholders: Year to date sales are up from the previous year, overall earnings are down due to the impact of tariffs on products being sold in the US. Hammond Manufacturing Company Limited manufactures a broad range of products for the electronic and electrical products industry, including metallic and non-metallic enclosures, racks, small cases, outlet strips, surge suppressors and electronic transformers. For information, contact:Ham ...
Ferrovial delivers strong H1 2025 results, net profit jumps 30% to €540 million
Prnewswire· 2025-07-29 21:01
Highways in North America saw robust revenue and EBITDA growth Construction order book reached all-time high of €17.3 billionAMSTERDAM, July 29, 2025 /PRNewswire/ -- Ferrovial, a leading global infrastructure company, closed the first half of 2025 with solid growth, supported by strong performance in all business divisions. Both revenue and adjusted EBITDA increased, mainly driven by U.S. highways and Construction."We saw substantial growth in the first half of the year with strong performance across our N ...