Stock Movers Nike Rises, GE Verona Falls, ASML Gains After Samsung Contract
Jul 28, 2025
Nike's shares surge after a favorable upgrade from JPMorgan, thanks to a solid recovery plan. In contrast, GE Vernov faces a decline following downgrades by analysts after disappointing results. ASML sees a boost from Samsung's new contract for AI chips, and a recent trade agreement supports the semiconductor sector by removing tariffs. The podcast also touches on strategies for business growth through tools like PayPal and the importance of strategic hiring in the current economy.
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Nike's Strong Multi-Year Recovery
- Nike shares rose nearly 4% after JPMorgan upgraded the stock to overweight.
- The earnings impact stems from Nike's multi-year recovery plan projecting high teen to 20% EPS growth through 2030.
Mixed Signals on GE Vernova
- GE Vernova, an electric power company spun off from GE, got analyst downgrades despite recent earnings beat.
- The stock edged lower even as Bank of America raised GE's price target due to aviation market rebound and order surge.
ASML Gains from Samsung & Trade Deal
- ASML shares rose approximately 3% after Samsung secured a $16.5B contract to make AI chips for Tesla.
- The US-EU trade deal exempting tariffs on semiconductor equipment also fueled the boost after industry slide.