Author: starbpo

As Tesla Inc.’s earnings day draws near, the stock is still in the black for the year, but investors are worried about the company’s plans for a robotaxi, the demand for electric vehicles (EVs), and Elon Musk, the company’s CEO, getting more involved in politics and causing trouble. Thursday at noon Eastern Time, Tesla TSLA, +0.29% will report its earnings for the second quarter. There will then be a call with analysts at 5:30 p.m. Eastern Time. The call will be streamed live online. The company that makes electric vehicles (EVs) reported earlier this month that deliveries, which are a…

Domino’s Pizza Inc.’s stock dropped 11% on Thursday after the pizza delivery company’s better-than-expected profit in the fiscal second quarter was overshadowed by a miss on revenue. The Ann Arbor, Mich.-based company DPZ, -13.45% also said it had problems with a master franchisee that caused restaurants to close in Japan and France. This means that Domino’s won’t be able to meet its goal for global net new store openings this year. For the quarter ending June 16, Domino’s made $141.9 million, or $4.03 per share. This is more than the $109.4 million, or $3.08 per share, it made during the…

Former President Trump is thinking about a plan to lower the corporate tax rate even more next year. This could help the economy grow, create jobs, and raise wages, but it would also make the government’s budget deficit even bigger than it already is. That’s what the Tax Foundation said on Wednesday. They said that the change would make the U.S. corporate tax rate one of the lowest in the rich world. According to economists Garret Watson and Erica York, a lower corporate income tax rate would make the US a more appealing place for businesses to invest. This would…

Following the advertising giant’s second earnings warning of the year, which stated that clients were spending less and that it was bringing in fewer new clients than anticipated, WPP shares fell on Wednesday. Following a second quarter in which sales fell as high as 6%, WPP now projects comparable revenue to decrease 3% to 5% for the year, compared to February’s prediction that it would be flat to down 2%. According to WPP, its operating margin for the first half of the year will decline by 2.8 to 3.3 percentage points. The company said in a statement, “We have seen…

Tuesday saw additional tariff pronouncements from the Trump administration, which a day earlier had pledged import duties of 25% to 40% beginning on August 1 in letters to 14 trading partners. According to U.S. Commerce Secretary Howard Lutnick, “a general letter” that would encompass nations that did not receive their own tariff letters would be sent out after another round of tariff letters. He said that the increased levies would still go into force on August 1. “You should expect another anywhere from 15 to 20 letters to go out over the next two days – really setting down tariff…

Deutsche Bank said that dividend yields for equities in the S&P 500 index SPX were approaching record lows for the first time since 2000. However, Jim Reid of Deutsche Bank says it’s not surprising that investors don’t appear to care. Businesses gradually began switching from dividends to share buybacks. As the post-war boom began to take shape in the late 1950s, dividend yields began to decline. However, Reid noted that the 1980s saw a significant increase in buybacks, spurred by policies like President Ronald Reagan’s lower capital gains taxes. More significantly, a 1982 Securities and Exchange Commission regulation amendment that…

Trump announced on Monday that 25% tariffs will be applied to South Korean and Japanese goods starting on August 1st, while 40% would be applied to imports from Myanmar and Laos. From a baseline tariff of 10% since April, that represents an increase. Following a severe selloff caused by Trump’s “liberation day” tariffs, which were put on hold three months ago but are now being considered again, stocks just hit all-time highs. “It appears that whenever the stock market falters, bond yields have a propensity to increase,” Tom di Galoma, a managing director at Mischler Financial Group, stated over the…

The stock of CoreWeave Inc. has quadrupled since the data-center operator’s IPO, and one analyst is leaving the market. CoreWeave’s (CRWV) “extremely high volatility presents notable risks” to both bullish and negative outlooks, according to Gregg Moskowitz of Mizuho, who downgraded his rating on the company from outperform to neutral on Tuesday. Although he acknowledges “the outsized returns” since CoreWeave’s IPO in late March, he believes the shares are generally valued fairly. According to Moskowitz, CoreWeave faces additional dangers. The company’s revenue is highly concentrated, to start. In the March quarter, Microsoft accounted for over 72% of the company’s sales.…

According to some analysts, Oracle Corp.’s announcement last week of a number of significant cloud-services agreements marks “a pivotal moment” in the company’s evolution into a hyperscale cloud power and should reassure investors about the company’s capacity to generate high-rate revenue growth in the long term. Oracle (ORCL) announced last week in a regulatory filing that it had inked several significant agreements, one of which is expected to generate over $30 billion in revenue annually beginning in fiscal year 2028. In a note to clients on Tuesday, analysts at Jefferies led by Brent Thill stated that the cloud provider “remains…

The U.S. financial markets have been regarded as one of the most alluring locations for investor capital for many years. The fact that the stock market typically produced returns to support this didn’t hurt either. In 2025, that reputation has suffered. The idea that “American exceptionalism”—the belief that the United States has the most dynamic capital markets in the world—may have reached its zenith as a result of President Trump’s tariffs, worries about the growing size of the U.S. government debt, and a sharp drop in the value of the dollar DXY. Investors seem to be voting with their feet,…