The escalation of tariff policies has intensified market volatility, with President Trump announcing a new wave of levies, including 30% tariffs on the European Union and Mexico starting August 1, a 35% tariff on Canadian goods, and a 10-15% baseline tariff proposed for over 150 countries, with up to 145%
Shares of beverage company Zevia (NYSE:ZVIA)
jumped 5.7% in the afternoon session after the release of stronger-than-expected U.S. retail sales data, which pointed to resilient consumer spending and lifted consumer-focused stocks. The broader market rallied after a Commerce Department report showed U.S. retail sales rose a better-than-expected 0.6% in June, signaling robust consumer health despite inflation and tariff concerns. For a consumer-focused company like Zevia, which sells zero-calorie sodas and energy drinks, signs of a strong consumer are particularly encouraging as it suggests shoppers have more capacity for discretionary purchases.
Shares of footwear and accessories discount retailer Designer Brands (NYSE:DBI)
jumped 3.9% in the morning session after a stronger-than-expected U.S. retail sales report for June boosted investor confidence. The Commerce Department reported that retail sales increased by 0.6% last month, significantly beating economists' forecasts. This news suggests that consumer spending, a crucial pillar of the U.S. economy, remains resilient despite broader economic concerns. For a retailer like Designer Brands, the details of the report were particularly encouraging.
Shares of boat and marine products retailer OneWater Marine (NASDAQ:ONEW) jumped 3.3% in the afternoon session after strong economic data pointed to a resilient U.S. consumer, lifting stocks in the consumer discretionary sector. The broader market rallied after new data showed unexpected strength in the U.S. economy, easing investor concerns about a potential recession. A key report from the Commerce Department revealed that U.S. retail sales jumped 0.6% in June, rebounding from the prior month and significantly beating economists' forecasts. For a premium marine retailer like OneWater, whose business relies on high-ticket recreational purchases, signs of robust consumer health are particularly encouraging. The positive data suggests shoppers are weathering economic pressures, which supports demand for discretionary items like boats. The consumer discretionary sector was among the market's leaders for the session.
Rigetti Computing has emerged as one of the most intriguing companies at the intersection of quantum computing and practical business applications. Founded in 2013 by Chad Rigetti, a physicist and entrepreneur, Rigetti Computing set out with a bold mission: to democratize quantum computing and make it accessible to researchers, businesses,
Shares of heating and cooling solutions company AAON (NASDAQ:AAON)
jumped 5.5% in the afternoon session after the second quarter (2025) earnings season got off to a strong start.
Shares of shoe and apparel company Steven Madden (NASDAQ:SHOO)
jumped 5.4% in the afternoon session after analysts at Citigroup moved the stock to "Buy" from "Neutral" and raised their price target.
Shares of freight transportation company Union Pacific (NYSE:UNP)
fell 3.2% in the pre-market session after reports revealed the company was considering a major acquisition of an East Coast railroad.
Shares of property and casualty insurer Travelers (NYSE:TRV) jumped 3.5% in the afternoon session after the company reported stellar second-quarter earnings that significantly surpassed analyst expectations.
Shares of aerospace and defense company BWX (NYSE:BWXT)
jumped 3.7% in the pre-market session after the company announced a U.S. Naval Nuclear Propulsion Program contracts valued at approximately $2.6 billion.
Shares of food and beverage company PepsiCo (NASDAQ:PEP)
jumped 7% in the afternoon session after the company reported second-quarter earnings that surpassed analyst expectations and raised its profit forecast for the full year.
Shares of aviation and defense services provider AAR CORP (NYSE:AIR)
jumped 10.9% in the afternoon session after the company reported record sales and profitability for its fiscal fourth quarter and full-year 2025. The aviation services provider announced fourth-quarter adjusted earnings of $1.16 per share, a 32% increase from the prior year, handily beating analyst expectations. Revenue for the quarter also impressed, rising 15% to $755 million. The strong performance was driven by robust demand in both its commercial and government businesses, particularly in its Parts Supply segment. The company highlighted its successful integration of a recent acquisition and the divestiture of its landing gear business as key strategic moves that are now delivering higher growth and margins. Following the strong report, RBC Capital raised its price target on the stock to $85 from $75, maintaining an "Outperform" rating.
American investors now have a new way to access China's AI market through Themes China Generative AI ETF, offering low expenses and exposure to Chinese talent.
Microsoft and waste management solutions startup Vaulted Deep announced today a new long-term offtake agreement, with Vaulted Deep delivering up to 4.9 million tonnes of durable carbon dioxide removal over 12 years
From penny stock to poster child for quantum hype, Rigetti Computing Inc (NASDAQ:RGTI) has surged over 1,300% in the past year – but its CEO Subodh Kulkarni says real commercial traction is still years away.
Industrial conglomerate GE Aerospace (NYSE:GE) beat Wall Street’s revenue expectations in Q2 CY2025, with sales up 34.1% year on year to $11.02 billion. Its non-GAAP profit of $1.66 per share was 16% above analysts’ consensus estimates.
