Daily U.S. Stock Market Highlights (Thursday, July 25)
2024-07-25 12:40:33
< br > < b > IMPORTANT NEWS < br > < span class = "section-news" > 1. U.S. real GDP recorded an annualized quarterly rate of 2.8% in the second quarter, higher than the expected 2%. < br > < b > Individual stock news < br > < span class = "section-news" > 1. New Oriental (EDU. N) U.S. stocks fell more than 9% before the market. Previously, Oriental Selection announced on the Hong Kong Stock Exchange that live streaming host Dong Yuhui left. < br > < span class = "section-news" > 2. AMD (AMD. O) found that the quality of the original batch of Ryzen 9000 series processors failed to meet expectations and decided to delay the IPO time. < br > < span class = "section-news" > 3. IBM (IBM. N) Q2 revenue in 2024 is $15.77 billion, the market is expected to be $15.62 billion, and the same period last year is $15.475 billion. < br > < class span = "section-news" > 4. Honda Motor (HMC. N) announced the closure of two factories in China, aiming to reduce the annual production capacity of gasoline vehicles in China from 1.49 million to 1 million. Honda's production cut will set a record for the largest among Japanese automakers. < br > < span class = "section-news" > 5. Hasbro's second-quarter net revenue was $999.50 million, estimated at $943.40 million. Second-quarter adjusted earnings per share were $1.22, estimated at $0.77. < br > < span class = "section-news" > 6. ChatGPT maker OpenAI could lose as much as $5 billion this year, based on estimates based on previously undisclosed internal financial data and analysis by stakeholders. < br > < span class = "section-news" > 7. Microsoft (MSFT. O) has no plans to limit CrowdStrike's access to the Windows operating system, despite a global technical glitch. < br > < span class = "section-news" > 8. Ford Motor (F. N) reported revenue of $47.808 billion in Q2 2024, compared with market expectations of $43.76 billion. < br > < span class = "section-news" > 9. Berkshire Hathaway (BRK. A.N, BRK. B.N) sold 18.90 million shares of Bank of America (BAC. N) for $802.50 million.
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