Stock Market Summary – July 11, 2025

UBS has compiled a list of high-quality dividend stocks, including Dick’s Sporting Goods, McDonald’s, and Bank of America. Dick’s Sporting Goods’ dividend of 2.26% is seen as an attractive option despite a nearly 7% reduction in total returns year to date. McDonald’s, yielding 2.37%, has seen a 4% increase in total returns so far this year despite a 3.6% drop in U.S. same-store sales. Bank of America recently increased its dividend to 28 cents per share and has seen a 7% increase in its stock this year.

Amazon, seen as an excellent “catch-up” trade to the market with a year-to-date increase of 2.8%, is recommended as a good “pair trade” versus Walmart. According to Morgan Stanley, Amazon’s shares could reach $300, representing a 35% upside, due to the more manageable impact of tariffs and potential growth in its Amazon Web Services cloud business.

In the tech sector, Nvidia’s shares continue to rise following a historic week in which it became the first company to hit a $4 trillion market cap. Meanwhile, Starbucks stock dipped slightly despite Stifel’s price target increase to $105 from $92.

Companies making significant moves include Penn Entertainment, Robinhood, and Levi Strauss. Penn Entertainment saw a drop of more than 5% on account of weak regional gaming revenue data, while Robinhood’s shares rose by 1.5%. Levi Strauss saw a 10% increase in its stock after second-quarter results exceeded expectations.

Meme stocks remain popular among retail investors, with Goldman Sachs’ retail favorite basket hitting an all-time high. Avis Budget Group and Aeva Technologies are among the top-performers, with Q2 increases of 123% and 440% respectively. Robinhood and Coinbase, which are included in Bespoke Investment Group’s retail risk appetite basket, also reached record highs.

This information is only for informational purposes and does not constitute financial, investment, tax, or legal advice or a recommendation to buy any security or other financial asset. Consider seeking advice from your own financial or investment advisor before making any financial decisions.

Tom Lee’s Fundstrat Granny Shots US Large Cap ETF is emerging as one of the most popular and successful stock funds of the year, with $1.5 billion in assets under management only eight months after its launch. The funds stocks include energy, cybersecurity, global labor suppliers, and companies impacted by millennials. Top portfolio holdings include Robinhood, Oracle and Advanced Micro Devices.

A recent Urban Institute analysis suggested that the number of Social Security retirement benefits early claimants will increase in 2025. The changes may lead to benefit cuts, as delaying retirement can increase benefits significantly. However, having a ‘bridge strategy’ to fund the interim years while delaying Social Security can benefit some retirees.

In the world of technology, Nvidia became the first $4 trillion company. While there are no obvious headwinds for Nvidia, some traders are looking to book profits as a precaution. Meanwhile, Levi – following a better-than-expected quarter – saw its stock jump more than 6.5%.

Cryptocurrency Bitcoin reached record highs over $118,000 due to exchange-traded funds tied to the cryptocurrency seeing their biggest day of inflows of the year.

Finally, Nvidia CEO Jensen Huang sold 225,000 shares worth $36.4 million. Despite this sale, Huang’s net worth has increased to around $143 billion, putting him on par with Warren Buffett.

Jim Cramer noted Wall Street opening lower on Friday following President Trump announcing additional tariffs on Canada.

Microsoft’s and Amazon’s share price targets were increased by financial analysts from JPMorgan, while Starbucks’ target was hiked by Stifel analysts. Morgan Stanley raised its price on cybersecurity stock Cloudflare.