News of the day for July 9, 2025

Progyny (PGNY) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Ceva, Inc. (NASDAQ: CEVA), the leading licensor of silicon and software IP that enables Smart Edge devices to connect, sense and infer data more reliably and efficiently, will announce results for the second quarter 2025 on August 11, 2025 before the NASDAQ market opens.

The acquisition was made through private equity platform TPG Capital.

Wall Street's main indexes climbed higher on Wednesday, with Nvidia soaring to a $4 trillion valuation, while investors shrugged off President Donald Trump's latest tariff salvo. Nvidia rose 2.2% to become the first company to ever hit $4 trillion in market value, solidifying its position as one of Wall Street's most-favored stocks to tap in the ongoing surge in demand for artificial intelligence technologies. At 9:47 a.m. ET, the Dow Jones Industrial Average rose 286.20 points, or 0.65%, to 44,526.96, the S&P 500 gained 39.70 points, or 0.64%, to 6,265.22 and the Nasdaq Composite gained 195.72 points, or 0.95%, to 20,614.19.

(Reuters) -Starbucks CEO Brian Niccol earned a reputation on Wall Street as a miracle worker for wounded restaurant brands like Taco Bell and Chipotle. Nine months into his Starbucks tenure, investors are unsure if lightning will strike a third time. Shares jumped more than 21% on August 13, the day Niccol was named CEO, on hopes he would inject the company with new vitality after several quarters of falling sales and pressure from activist investor Elliott Investment Management.

GOOGL bets big on AI and cloud as it expands Google Cloud's reach with NVIDIA-backed tools and global enterprise deals.

U.S. stock futures were edging up on Wednesday as investors digested President Donald Trump’s latest tariff announcements. A shock announcement on copper levies and a hardened stance on the deadline for trade deals weren't enough to derail market optimism. S&P 500 futures and Nasdaq 100 futures were also each up 0.2%.

U.S. stock futures edged lower and global equities were narrowly mixed with sector-specific duties back in the spotlight.

What happened in markets yesterday: U.S. copper prices vaulted to an all-time high. President Trump said Washington will slap imports of the metal with a 50% tax. Copper futures jumped 13%. That was the largest single-day price surge in records going back to 1968, according to Dow Jones Market Data.