My top 10 things to watch on Thursday, July 25 The S & P 500 and Nasdaq were headed for slightly higher opens Thursday, one day after their worst single-session performances since 2022. Tech stocks again led the way lower Wednesday. Thursday morning the government reported the U.S. economy grew at a 2.8% pace in the second quarter, which was much more than expected. The Fed's favorite inflation gauge is out Friday. West Texas Intermediate crude fell 1.
Thursday morning the government reported the U.S. economy grew at a 2.8% pace in the second quarter, which was much more than expected. The Fed's favorite inflation gauge is out Friday. West Texas Intermediate crude fell 1.5% to just over $76 per barrel on demand concerns. WTI, the American oil benchmark, broke a four-session losing streak Wednesday.quarter late Wednesday. The Club stock dropped 13%. No more excuses. Two things: Warranty issues again and no stock buyback likecut guidance and saw weak demand. Shares of the Chrysler and Jeep parent company dropped 8%. Prices too high.
American Airlines missed on second-quarter revenue. Sales strategy backfired. Forecast earnings per share as breakeven for the current Q3 versus the 44 cents expected. Shares dropped 6%. Southwest Airlines reported a 46% drop in its quarterly profit and said it's taking "urgent" steps to increase revenue. The stock sank nearly 5%.is working with Amazon Web Services to build new generative AI models and applications that are specialized for medical use cases.Investing Club is trimming two tech stocks to lock in massive gains of 150% and 94%As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
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