HAPPY THURSDAY TO THE STREET.
Microsoft’s $MSFT ( ▼ 0.59% ) market cap is near $3T. Its CEO just sent out a company-wide memo about how success isn’t always linear.
Satya Nadella finally addressed thousands of recent layoffs, trying to soften the blow by citing “nonlinear” progress and reassuring employees, “New opportunities are everywhere.”
Guessing Nadella hasn’t been on Indeed $RCURY anytime recently…
🟨 | US stocks wavered today, but the S&P 500 and Nasdaq Composite still powered through to fresh record closes, buoyed by Big Tech earnings.
📈 | One Notable Gainer: American Eagle $AEO ( ▼ 1.0% ) took flight because… Sydney Sweeney? The mall brand was quickly minted as the latest meme stock after enlisting the Gen Z it girl in a fall campaign.
📉 | One Notable Decliner: Tesla $TSLA ( ▲ 1.39% ) continued its tailspin after an earnings miss and a warning from CEO Elon Musk that the EV maker “could have a few rough quarters” ahead.
Finally, read to the end for the magazine putting the “models” in LLMs…
— Brooks & Cas
Sponsored by Atlas Lithium
Lithium demand is expected to skyrocket over the next decade as electric vehicles (EVs) and renewable energy storage reshape the global economy. The US government and industry leaders emphasize securing domestic and allied lithium supplies, placing companies like Atlas Lithium Corporation (NASDAQ: ATLX) in the spotlight.
The Lithium Valley in Brazil benefits from year-round mining, favorable infrastructure, and government fast-tracking — advantages that ATLX is uniquely positioned to exploit with its extensive mineral rights and fast-moving projects. The company’s key Neves Project has all permits in place and will leverage a cutting-edge, eco-friendly processing facility, promising a lean environmental footprint alongside operational efficiency.
With analyst price targets ranging up to $30, the upside is significant for this emerging lithium leader! Don’t miss the opportunity to add Atlas Lithium (NASDAQ: ATLX) to your portfolio as the lithium market heats up.
STOCK HEATMAPS
S&P 500 Heatmap. Credit: Finviz
All Stock Heatmap. Credit: Finviz
Global ADR snapshot. Credit: Finviz
Market Movers
CHIPOTLE, ALPHABET, UNION PACIFIC
$CMG ( ▼ 1.5% ) Chipotle Cuts Outlook on Traffic Slump Despite Free Burritos (Bloomberg)
$GOOGL ( ▼ 0.2% ) Google earnings crushed expectations but came with a $10 billion warning sign (BI)
$UNP ( ▼ 0.32% ) / $NSC ( ▼ 0.34% ) Union Pacific and Norfolk Southern confirm merger talks to create coast to coast railroad (AP)
$BE ( ▲ 2.69% ) / $ORCL ( ▲ 0.32% ) Bloom Energy surges on data center collaboration deal with Oracle (SeekingAlpha)
$DOW ( ▼ 0.51% ) Dow Inc. Cuts Dividend by 50% and the Stock Sinks (Barron’s)
OVERHEARD ON THE STREET
AP: It wasn’t all bad news for Musk today, as President Trump said he will not revoke federal subsidies from Musk’s companies.
CNBC: Trump visited the site of the Fed’s renovation and clashed with Chair Jerome Powell in front of the press.
Bloomberg: US mortgage rates dipped slightly to 6.74% this week, marking their first decline in three weeks.
WSJ: The US finalized a 15% tariff deal with Japan and is close to a similar pact with the EU, gesturing toward a new trade benchmark.
CNN: UnitedHealth $UNH ( ▲ 1.47% ) confirmed it is under DOJ investigation for potential Medicare fraud.
Tomorrow's Trade Idea, Today
AVEPOINT’S DATA-DRIVEN ASCENT
I Don’t Know Her
Jefferies named its next big AI play — and it’s leaving investors asking, “Who?”
The firm initiated coverage on little-known software company AvePoint $AVPT ( ▲ 1.2% ) with a bullish outlook, assigning the stock a Buy rating and a $22 price target, representing around 19% upside from today’s close.
Analyst Joseph Gallo cited AvePoint’s strong positioning in the data protection space, calling it the “industry standard.” As AI drives demand for more robust data management tools, AvePoint could potentially benefit.
Capitalizing on Complexity
Gallo argues that AvePoint’s unified suite of data solutions makes it a vital player in AI-driven digital transformation.
As enterprise data systems become more complex, businesses will seek streamlined platforms to manage data sprawl, Gallo said, particularly during consolidation.
The analyst believes AvePoint will gain from this shift by offering a single solution to unify and protect enterprise and SMB data environments.
Growth and Profitability in Sight
Looking ahead, Jefferies projects that AvePoint will grow its revenue by over 20% in both 2025 and 2026. In addition, the firm sees a path for the company to become profitable on a GAAP basis, signaling a potential inflection point for long-term investors.
Shares are up a little over 10% in 2025 to date, moderately outpacing major indexes. But according to Gallo, as the AI landscape continues to evolve, AvePoint could separate itself from the pack.
Sponsored by The Rundown AI
Learn AI in 5 minutes a day
What’s the secret to staying ahead of the curve in the world of AI? Information. Luckily, you can join 1,000,000+ early adopters reading The Rundown AI — the free newsletter that makes you smarter on AI with just a 5-minute read per day.
ON OUR RADAR
AP: The European Central Bank held interest rates steady, citing trade tensions and tariff threats from the US as sources of uncertainty.
The Verge: OpenAI is set to launch GPT-5 in early August, sporting major upgrades including integrated reasoning and lightweight API-ready versions.
WSJ: LVMH $LVMUY ( ▼ 0.48% ) CEO Bernard Arnault is pressuring European leaders to strike a US trade deal to shield his empire from future tariffs.
Reuters: Earnings season has favored AI-focused firms, while other sectors brace for Q3 tariff fallout.
CNN: The meme stock revival sparked by retail traders may already be fizzling, with gains reversing as enthusiasm fades and fundamentals fail to follow.
STREET TWEET
Vogue’s has reportedly begun to use “AI models” instead of human models for some of their photoshoots, per Economic Times
— #unusual_whales (#@unusual_whales)
6:42 PM • Jul 24, 2025
The cover girls are code now.
AI models don’t age, gain weight, break out, go off-script, or get canceled for problematic tweets. Anna Wintour’s holy grail.
WEDNESDAY’S POLL RESULTS
Are you bullish or bearish on Albertsons $ACI ( ▲ 0.21% ) over the next 12 months?
▇▇▇▇▇▇ 🐂 Bullish
▇▇▇▇▇▇ 🐻 Bearish
And, in response, you said:
🐂 Bullish — “Paul Gossett is one of their executives and knows what to do.”
🐻 Bearish — “Grocery stores historically do better in a down economy and recession times. The American economy is about to take off thanks to all the favorable trade deals with foreign countries being signed.”
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