⚡ Lucid dream

Good evening. Interesting stat for you today: 88% of S&P 500 companies reporting quarterly earnings so far have beaten estimates. There is absolutely no reason not to be bullish.

⬆︎⬇︎ 1-day change
Market data: today’s market close

WINNERS

⬆︎36.24% Lucid

Uber is teaming up with Lucid, the luxury EV maker, to launch a robotaxi program. The plan: deploy 20,000 Gravity SUVs over six years, all running Nuro’s self-driving software and managed through Uber’s platform. Vehicles are already being tested in Las Vegas. [Read more]

⬆︎9.43% AMC

AMC just got a ratings upgrade from Wedbush, bumped from Neutral to Outperform with a new $4 price target, instead of $3. Analysts liked the cost cuts, theater closures, and debt reduction. Summer hits like Superman and Jurassic World are helping. But don’t get too excited: attendance is still well below pre-pandemic levels, and AMC hasn’t posted consistent profits in years. [Read more]

⬆︎7.45% Pepsi

🛎️ Earnings report - Splendid Q2 results after a few slow quarters. Growth overseas (especially in Europe, the Middle East, and Africa) helped offset weaker demand in North America. To win back U.S. consumers, Pepsi is leaning into protein-rich and multicultural snacks, trimming costs, and refreshing classics like Lay’s and Tostitos. [Read more]

⬆︎3.38% TSMC

🛎️ Earnings report - The quiet MVP. The foundry chipmaker posted a 61% jump in profit as AI adoption continues to accelerate. The company is also forecasting a 30% jump in annual revenue. Demand for AI hardware is just relentless. [Read more]

⬆︎⬇︎ 1-day change
Market data: today’s market close

IN PARTNERSHIP WITH THE MOTLEY FOOL

💡 Whether you're just getting started or ready to take your investing to the next level, The Motley Fool has a service built for your goals.

• Looking for expert stock recommendations?

• Want a curated portfolio with long-term growth in mind?

• Prefer a high-conviction, all-in-one service?

Choose from their 5 premium investment services: Stock Advisor, Epic, Epic Plus, Fool Portfolios, and Fool One.

👉 Find the right service for you at The Motley Fool

LOSERS

⬇︎0.85% ADM

Make America healthy again. Trump posted on his Truth Social account that Coca-Cola has agreed to start using cane sugar in its classic Coke recipe in the U.S. instead of high-fructose corn syrup. Bad news for high fructose syrup suppliers like ADM and Ingredion. [Read more]

⬇︎8.52% Abbott

🛎️ Earnings report - COVID tests are collecting dust. The healthcare company, best known for its medical devices and diagnostics, is bracing for over $1 billion in headwinds this year, driven by falling COVID test demand, new tariffs, and a U.S. foreign aid freeze. Profit outlook for next quarter isn’t pretty. [Read more]

⬆︎⬇︎ 1-day change
Market data: today’s market close

EXTRA

THE END

That’s it for today’s recap. We hope you found it valuable.

• Love this newsletter? Share it with friends using your unique referral link. Bring 5 friends and we’ll send you a gift. You’re at 0, just 5 to go!

• Was this email forwarded to you? Subscribe so you don’t miss out.

• Interested in advertising with us? Reply to this email, and we’ll take it from there.

FEEDBACK