Stock Market Summary – August 11, 2025

Stifel has warned of a potential economic slowdown that could disrupt the current stock market rally. Analysts from Stifel predict a 14% fall from the recent high of the S&P 500, and a year-end price target of 5,500, a relatively low target by Wall Street standards. They suggest investors should overweight defensive value stocks such as staples, healthcare, and utilities in anticipation of the slowdown.

GitHub’s CEO, Thomas Dohmke, is leaving the company amid increasing competition in the AI coding market. Although a successor hasn’t been named, GitHub will continue as part of Microsoft’s Core AI organization. Despite GitHub’s head start in AI, competitors like Anysphere, Replit, and Windsurf have emerged as new players in the industry.

Despite Nvidia’s introduction of a 15% fee on AI chip sales to China, the stock market has remained unaffected. The arrangement, confirmed by President Donald Trump, is part of a larger agreement allowing Nvidia and AMD to sell AI chips to Chinese customers. Despite the fee, the companies maintain their ability to tap into the lucrative Chinese market, which Nvidia CEO Jensen Huang estimates to be worth $50 billion in the next few years.

In cryptocurrency news, Peter Thiel-backed crypto exchange Bullish is raising its IPO size, seeking a $4.8 billion valuation. The company hopes to raise $990 million with 30 million shares, pricing each share between $32-$33.

Moving to stock behavior, e.l.f. Beauty’s stock surged after a positive rating from Morgan Stanley, while AAON’s stocks fell following a disappointing second-quarter result announcement. Nvidia and Advanced Micro Devices saw a slight uptick in their stocks following their agreement with the Trump administration, despite an earlier dip. Meanwhile, stocks linked to cryptocurrencies, such as Coinbase, Robinhood, and MicroStrategy, have risen as Bitcoin approaches its all-time high. On the flip side, Rumble and Northern Data saw their share prices shift dramatically following the announcement of a potential all-stock bid by Rumble for Northern Data. Tesla also saw a 5% rise in its shares after requesting for an electricity license in the UK.

Specific numbers for Dow, S&P, and Nasdaq, as well as the day’s main gainers and losers, were not provided in the article.

Investors are anxiously awaiting Tuesday’s July consumer price index report, which will likely shape expectations for the Federal Reserve’s meeting in September. Policymakers will gather in Wyoming for their annual summer meeting, where they will assess whether to lower interest rates for the first time since last December. A potential increase in inflation due to US tariffs on imported goods has raised fears, but many experts expect that any spikes will be temporary.

Tech companies Nvidia and Advanced Micro Devices have reportedly agreed to give the White House 15% of their revenue from chip sales in China in exchange for export licenses. This unusual deal follows President Trump’s recent announcement that he will implement a 100% tariff on imported semiconductors, unless the company is manufacturing within the US.

Apple shares rose by more than 13% last week, marking the tech giant’s best weekly performance in over five years. CEO Tim Cook’s recent visit to the White House, where he announced plans for additional domestic investment, seemed to please investors. However, the company’s stock slipped slightly on Monday as investors questioned the sustainability of the rally.

Electric vehicle sales have surged recently, driven by consumers’ rush to take advantage of soon-to-expire tax credits. Trump’s bill, signed into law last month, will end these benefits in late September, creating a frantic demand for qualifying cars.

Financial stocks also showed movement, with shares of Texas Roadhouse increasing after a 6.5% fall following the company’s recent earnings report. Though the company struggles with higher beef prices, CNBC’s Jim Cramer emphasized the strong growth the company continues to exhibit.

Walmart’s shares rose more than 5% last week, making it a point of interest for technical analysts. The company is set to report earnings on August 21.

Finally, Global Asset Manager JPMorgan predicts a small chance for an increase in core consumer price index (CPI) on Tuesday. The most likely scenario, according to JPMorgan, is a reading between 0.30% and 0.40%, which could result in a S & P 500 that is little changed or moderately higher.