On July 11, 2025, the U.S. stock market opened with mixed performance. The major indices showed varied movements, reflecting a day of fluctuations.
In the sector performance, the U.S. silver stocks showed notable gains. Pan American Silver rose by 1.52%, First Majestic Silver increased by 3.01%, and Fortuna Silver Mines gained 1.35%. The U.S. panic index ETFs also saw an uptick, with Cboe Volatility Index up by 5.20% and ProShares Ultra VIX Short-Term Futures ETF rising by 2.60%. Conversely, the U.S. cannabis stocks experienced declines, with Canopy Growth Corporation down by 1.00% and Tilray Brands Inc falling by 1.00%. The Russian concept stocks faced significant drops, with Yandex NV down by 2.00% and Ozon Holdings PLC decreasing by 2.00%.
NVIDIA saw a slight decline of 0.07%. The company's CEO, Jensen Huang, met with former President Trump to discuss AI chip export issues, emphasizing the need for global market access. Despite this, Nvidia's stock closed above a $4 trillion market capitalization for the first time, driven by the ongoing AI boom.
Apple dropped by 0.71%. The company announced its 2026 spring product launch plans, including new low-end iPhones, multiple iPads, and upgraded Mac computers.
Amazon.com rose by 0.89% after Morgan Stanley maintained its overweight rating and raised the price target from $250.00 to $300.00 per share, indicating a positive outlook on Amazon's performance and potential growth.
Alphabet and Alphabet both fell by 0.30%. Google agreed to provide cloud service discounts to the U.S. government, joining the price war with other tech giants like Microsoft and Amazon.
Tesla Motors decreased by 0.65%. The company announced the date for its annual shareholder meeting and plans to launch its first experience center in Mumbai, India, on July 15, marking its official entry into the Indian market.
Eli Lilly saw a slight decline of 0.23%. Guggenheim maintained a 'Buy' rating and raised the price target from $936.00 to $942.00 per share, reflecting positive sentiment towards the company's performance and potential growth.
Netflix increased by 0.32%. Needham analyst Laura Martin raised the price target on Netflix from $1,126 to $1,500, maintaining a Buy rating on the shares, indicating positive sentiment towards Netflix's future performance.
Alibaba rebounded by 0.17%. The company launched instant retail services in Australia, Brazil, the Middle East, and the UK through its AliExpress platform, collaborating with local supermarkets and stores.
Advanced Micro Devices fell by 1.14%. The company's stock rallied as an analyst predicted a 40% gain from the current level, driven by the competitive new MI350 series AI accelerators.
Intel dropped by 1.03%. RealSense, a computer vision technology firm, completed its spinoff from Intel and secured a $50 million Series A funding round, focusing on advancements in AI, robotics, biometrics, and computer vision.
CoreWeave, Inc. plummeted by 1.98%. The stock dropped after Needham downgraded its rating from buy to hold, influenced by CoreWeave's $9 billion all-stock acquisition of Core Scientific, causing investor concerns.
Spotify Technology S.A. rose by 0.16%. Keybanc significantly increased the price target from $640.00 to $860.00 per share, highlighting the market's positive assessment of the company's future growth potential.
JD.com increased by 0.74%. UBS maintained a 'Buy' rating while cutting the price target from $58.00 to $50.00 per share, reflecting UBS's outlook on JD.com's performance.
Delta Air Lines fell by 1.72%. Several major financial institutions adjusted their price targets, with positive ratings maintained, reflecting confidence in Delta's future growth.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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