Stock movements this week heavily influenced by earnings reports from the chipmaking industry
In the world of finance, the week of July 15, 2025, saw a mix of gains and losses across various sectors.
Tech giant Nvidia (NVDA) continued to dominate headlines, with analysts seeing its $1T accelerated computing and AI factory opportunity as a long-term growth avenue. CoreWeave (CRWV), a company central to Nvidia's growth, made its exchange debut on the same day. However, Nvidia's shares dipped 2% over the week, despite expecting to generate $54B in revenue for the third quarter of fiscal 2026.
CoreWeave, post-IPO, continues to be supported by Nvidia, which supplies GPUs and holds a 5.1% stake in the company. In a positive development, CoreWeave's shares rose due to Cantor Fitzgerald's Overweight rating and $116 price target.
MongoDB, another tech player, jumped after posting strong Q2 results and lifting its full-year outlook. As a result, the company now expects EPS of $3.64-$3.73 for FY2026 and revenue of $2.34B-$2.36B. MongoDB's strong performance also caught the attention of investors, with the company's shares surging.
In the tech-heavy Nasdaq and the blue-chip Dow, both indices fell -0.2% each, reflecting a broader market trend.
Meanwhile, in the financial sector, Interactive Brokers Group (IBKR) will join the S&P 500 Index before trading opens Aug. 28, replacing Walgreens Boots Alliance. This move is expected to boost IBKR's profile and attract more investors.
Intel (INTC) received $5.7B of the U.S. government's 10% investment under the CHIPS and Science Act, a significant boost for the tech giant.
Elsewhere, the consumer goods sector saw mixed results. Hormel Foods (HRL) fell more than 13% on Thursday after reporting mixed Q3 results and weak guidance. However, Cracker Barrel (CBRL) reversed a planned rebrand following a massive social media backlash, while its stock slumped initially but climbed back, advancing another 8% to $62 on Wednesday.
In the world of media, Trump Media & Technology Group shares gained after announcing a business combination with Yorkville Acquisition and Crypto.com. Meanwhile, Pure Storage (PSTG) rose after reporting Q2 revenue that topped estimates across the board.
Lastly, Nvidia's key data center revenue rose 56% to $41.1B, but missed forecasts. CrowdStrike fell after issuing an outlook for Q3 revenue that was weaker than expected.
This week's market movements underscore the dynamic nature of the financial landscape, with tech, finance, and consumer goods sectors all experiencing shifts. As always, investors are advised to carefully consider their investment strategies in light of these developments.
