August 05, 2025 - Stonks Gone Wrong Market Update
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August 05, 2025 – AMD's stock declines despite a positive earnings forecast, raising concerns over potential impacts from China. Bank of America announces the hiring of Morgan Stanley's Giardinelli to lead its Natural Resources division. JPMorgan reports strong earnings in Japan, outperforming foreign competitors amid a deals boom. Meanwhile, concerns grow as penny-pinching consumers question Indonesia's high growth potential. Rivian anticipates a larger loss this year due to ongoing uncertainties in trade and electric vehicle policies. Additionally, India’s ETF struggles to break a losing streak following tariff threats from Trump, prompting the country to shift to damage control. Powered by LabCat AI research tools.
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