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Yahoo
10-07-2025
- Business
- Yahoo
As Trump Calls For 3-Percentage Point Rate Cut, 'Too Late' Jerome Powell To Resign, June Fed Minutes Show 'Uncertainty' Reigns Supreme
As the minutes of the Federal Reserve's June meeting were released on Wednesday, the word 'uncertainty' reigned supreme amid the ongoing tariff turmoil and President Donald Trump's call to cut rates by 3 percentage points. What Happened: The words 'uncertain' and 'uncertainty' appeared 28 times in the June 17-18 meeting minutes, and Fed Chair Jerome Powell mentioned the two words 19 times, as highlighted by Ed Yardeni from Yardeni Research. 'Most of the uncertainty faced by Fed officials has to do with Trump's Tariff Turmoil (TTT). Collectively, they are leaning toward lowering the federal funds rate. But they are in no hurry to do so since they are worried that TTT might still boost inflation,' he said. Trending: Tired of Grid Failures and Charging Deserts? This Startup Has a Solar Fix and $25M+ in Sales — Meanwhile, the chief economist at LPL Financial, Jeffrey Roach, said that the key takeaways from the Federal Open Market Committee's June 18 policy meeting suggested 'The FOMC is comfortable remaining in wait-and-see mode. Despite headwinds, the economy continues to trudge along, giving policymakers time to assess the projected impact from tariffs.' This comes amid Trump's call for slashing the interest rates by 3%, highlighting that Powell was "Too Late" and it 'is costing the U.S. 360 Billion Dollars a Point, PER YEAR, in refinancing costs.' Trump has hinted at announcing Powell's replacement and called for his resignation on multiple occasions because of the Fed's 'wait-and-see' stance. On Wednesday, Trump also imposed 50% tariffs on Brazil, escalating the trade tensions between the two nations. This was followed by a slew of letters posted on his Truth Social account to Japan, South Korea and other countries, with a deadline of making a deal by Aug. It Matters: According to the Fed Minutes takeaways, the FOMC members were also concerned about stagflation risks if inflation proved persistent while employment weakened. 'Surprisingly, members thought the uncertainty about inflation and the economic outlook had decreased. Yet, committee members wanted to take a careful approach in adjusting monetary policy,' said Roach. The FOMC members also acknowledged that lower and moderate-income households were switching to lower-cost items, and these households could be disproportionately affected by tariff-related price increases. Roach added that at LPL, they expect next week's inflation data to show a reacceleration, giving the Fed more reason to keep rates elevated. 'We don't expect inflation readings will improve until later this year,' he added. Read Next: Named a TIME Best Invention and Backed by 5,000+ Users, Kara's Air-to-Water Pod Cuts Plastic and Costs — And You Can Invest At Just $6.37/Share This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, with minimum investments as low as $100. Photo courtesy: Domenico Fornas / Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article As Trump Calls For 3-Percentage Point Rate Cut, 'Too Late' Jerome Powell To Resign, June Fed Minutes Show 'Uncertainty' Reigns Supreme originally appeared on
Cision Canada
09-07-2025
- Business
- Cision Canada
NYSE Content advisory: Pre-Market update + Trump announces 50% levy on copper imports
NEW YORK, July 9, 2025 /CNW/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Kristen Scholer delivers the pre-market update on July 9th President Trump announced 50% levy on copper imports on Tuesday President Trump also hinted at implementing up to a 200% tariff on pharmaceutical imports Investors are awaiting today's Fed Minutes, set to come out at 2:00 p.m. ET Opening Bell Arlo Technologies (NYSE: ARLO) surpassed $300M in annual recurring revenue Closing Bell Wellington Shields & Co. celebrates 100 th anniversary of its founding Click here to download the NYSE TV App SOURCE New York Stock Exchange
Yahoo
07-07-2025
- Business
- Yahoo
What to Expect From Honeywell's Q2 2025 Earnings Report
With a market cap of $154.5 billion, Honeywell International Inc. (HON) is a global technology and manufacturing leader that operates across the aerospace, industrial automation, building automation, and energy and sustainability sectors. With a strong presence in commercial aviation and defense, the company is expanding into emerging markets, such as unmanned aerial systems (UAS) and urban air mobility (UAM), through its dedicated UAS unit. The Charlotte, North Carolina-based company is expected to announce its fiscal Q2 2025 results before the market opens on Thursday, Jul. 24. Ahead of this event, analysts forecast HON to report an adjusted EPS of $2.63, up 5.6% from $2.49 in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in the past four quarters. HON surpassed the consensus adjusted EPS estimate by 13.6% in the most recent quarter. Chevron Stock's 4.6% Dividend Yield and 1.67% One Month Short Put Yield Make CVX a Buy Tariff Dealine, Fed Minutes and Other Key Thing to Watch this Week SoFi Stock Is Betting on Crypto Again. How Should You Play SOFI Stock Here? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! For fiscal 2025, analysts expect Honeywell International to report adjusted EPS of $10.39, up 5.1% from $9.89 in fiscal 2024. Moreover, adjusted EPS is expected to grow 8.9% year-over-year to $11.31 in fiscal 2026. Honeywell International stock has increased 13.2% over the past 52 weeks, outperforming the broader S&P 500 Index's ($SPX) 12.4% gain. However, the stock has lagged behind the Industrial Select Sector SPDR Fund's (XLI) 23.4% return over the same period. Honeywell stock rose 5.4% on Apr. 29 after the company reported strong Q1 2025 results that exceeded guidance across all key metrics, including sales of $9.8 billion and adjusted EPS of $2.51. The company raised its full-year adjusted EPS guidance to $10.20 - $10.50 and reported 8% backlog growth, with especially strong performance in its Building Automation and Energy and Sustainability Solutions segments. Investors were further encouraged by the announcement of a $2.2 billion Sundyne acquisition, $1.9 billion in share repurchases, and progress on the planned separation into three public companies. Analysts' consensus rating on Honeywell International stock is cautiously optimistic, with an overall "Moderate Buy" rating. Out of 22 analysts covering the stock, 12 recommend a "Strong Buy" and 10 give a "Hold" rating. This configuration is slightly more bullish than it was three months ago, with 11 analysts recommending a "Strong Buy." As of writing, HON is trading below the average analyst price target of $245.75. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
07-07-2025
- Business
- Yahoo
Here's What to Expect From Weyerhaeuser's Next Earnings Report
With a market cap of $19.2 billion, Weyerhaeuser Company (WY) is one of the world's largest private owners of timberlands, is a leading U.S. forest products firm with operations across North America and a global customer base. The company sustainably manages over 10 million acres of timberlands and operates diversified business lines including wood products, real estate, and climate solutions. The Seattle, Washington-based company is expected to release its fiscal Q2 2025 earnings results after the market closes on Thursday, Jul. 24. Ahead of this event, analysts project the company to report an EPS of $0.15, a 28.6% decrease from $0.21 in the year-ago quarter. It has surpassed or met Wall Street's bottom-line estimates in three of the last four quarterly reports while missing on another occasion. Chevron Stock's 4.6% Dividend Yield and 1.67% One Month Short Put Yield Make CVX a Buy Tariff Dealine, Fed Minutes and Other Key Thing to Watch this Week SoFi Stock Is Betting on Crypto Again. How Should You Play SOFI Stock Here? Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! For fiscal 2025, analysts forecast the timber and paper products company to report an EPS of $0.54, up 1.9% from $0.53 in fiscal 2024. Moreover, EPS is expected to grow 48.2% year-over-year to $0.80 in fiscal 2026. Shares of Weyerhaeuser have declined 3.1% over the past 52 weeks, lagging behind the broader S&P 500 Index's ($SPX) 13.4% gain and the Real Estate Select Sector SPDR Fund's (XLRE) 9.5% rise over the same time frame. Despite Weyerhaeuser reporting better-than-expected Q1 2025 revenue of $1.8 billion on Apr. 24, shares fell 2.7% the next day due to a 31.3% year-over-year drop in EPS to $0.11 and a 6.8% decline in adjusted EBITDA to $328 million. Investor sentiment was further dampened by weakness in the Wood Products segment, which saw EBITDA fall to $161 million, and operational disruptions in engineered wood production, including higher MDF costs and a Montana facility issue. Additionally, executives warned that the spring building season started softer than expected amid tariff-related uncertainty and cautious homebuyer sentiment, which extended into April. Analysts' consensus view on Weyerhaeuser stock is cautiously optimistic, with an overall 'Moderate Buy' rating. Among 12 analysts covering the stock, seven suggest a "Strong Buy," two give a "Moderate Buy," two recommend a "Hold," and one "Strong Sell." As of writing, WY is trading below the average analyst price target of $33.64. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
07-07-2025
- Business
- Yahoo
Up 90% in 2025, Is Gogo Stock Headed for Turbulence?
Gogo (GOGO) hit a new 52-week high on Thursday, July 3. The stock has a 100% technical 'Buy' signal via Barchart and is trading above its key moving averages. Shares are up more than 90% in 2025 so far, and up 43% in just the last month. Analysts project significant revenue and earnings growth for the next two years. Valued at $2 billion, Gogo (GOGO) is the leading provider of in-flight connectivity and wireless entertainment solutions for the global aviation industry. It currently provides services on approximately 9,600 aircraft, which represents more than 20% of the global commercial and business jet aircraft fleet. Gogo has partnerships with 14 commercial airlines and is installed on more than 2,500 commercial aircraft. Nearly 7,000 business aircraft are also flying with its solutions, including the world's largest fractional ownership fleets. Chevron Stock's 4.6% Dividend Yield and 1.67% One Month Short Put Yield Make CVX a Buy Tariff Dealine, Fed Minutes and Other Key Thing to Watch this Week SoFi Stock Is Betting on Crypto Again. How Should You Play SOFI Stock Here? Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. I found today's Chart of the Day by using Barchart's powerful screening functions. I sorted for stocks with the highest technical buy signals, superior current momentum in both strength and direction, and a Trend Seeker 'buy' signal. I then used Barchart's Flipcharts feature to review the charts for consistent price appreciation. GOGO checks those boxes. Since the Trend Seeker signaled a buy on May 12, the stock has gained 25.08%. GOGO Price vs. Daily Moving Averages: Editor's Note: The technical indicators below are updated live during the session every 20 minutes and can therefore change each day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the website when you read this report. These technical indicators form the Barchart Opinion on a particular stock. Gogo shares hit a new 52-week high on July 3, touching $15.78 in intraday trading. Gogo has a 100% technical 'Buy' signal. The stock recently traded at $15.46, above its 50-day moving average of $11.32. GOGO has a Weighted Alpha of +67.40. The stock has gained 58.08% over the past year. GOGI has its Trend Seeker 'Buy' signal intact. Gogo is trading above its 20, 50 and 100-day moving averages. The stock has made 10 new highs and gained 43.15% in the last month. Relative Strength Index is at 76.71%. The technical support level is $15.30. $2 billion market cap. Trailing price-earnings ratio of 32.94x. Revenue is projected to grow 103.37% this year and 118.05% next year. Earnings are estimated to increase 71.86% this year and increase 52.78% next year. I don't buy stocks because everyone else is buying, but I do realize that if major firms and investors are dumping a stock, it's hard to make money swimming against the tide. It looks like Wall Street analysts have very mixed feelings and some major advisory sites think the stock may be priced too high for further price appreciation. The Wall Street analysts tracked by Barchart issued two 'Strong Buy" and two 'Hold' opinions on the stock. Value Line gives the stock its highest rating. CFRA's MarketScope rates the stock a 'Sell.' MorningStar thinks the stock is 12% undervalued. 18,100 investors monitor the stock on Seeking Alpha, which rates the stock a 'Hold.' Gogo currently has momentum but may have peaked. I caution that GOGO is volatile and speculative — use strict risk management and stop-loss strategies. Today's Chart of the Day was written by Jim Van Meerten. Read previous editions of the daily newsletter here. Additional disclosure: The Barchart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stocks are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance. On the date of publication, Jim Van Meerten did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
