Stock Market Summary – July 14, 2025

AI startup Windsurf has been acquired by artificial intelligence company Cognition AI Inc, in reaction to Windsurf losing its CEO and several senior employees to Google. The terms of the acquisition were not disclosed. This move comes as tech companies globally compete to retain and acquire top talent. Cognition’s AI coding agent, Devin, is helping engineers build faster software and prior to these events, Cognition was valued at close to $4 billion.

Rocket Lab saw a surge in its stocks by 8% on Monday. This significant rise is attributed to its series of successful rocket launches coupled with a deal signed with the European Union. So far in 2025, Rocket Lab’s stock is up by 63%, after having a six-fold surge in 2024.

Bitcoin surged to new highs overnight, hitting above $120,000 for the first time early Monday morning. This surge is attributed to the record inflow into bitcoin ETFs. ETFs linked to bitcoin recorded $1.18 billion inflows, their best performance so far this year. Meanwhile, the House of Representatives is about to review new bills aiming to regulate the digital asset industry.

Shares of Chinese autonomous vehicle company, Pony AI, have been tipped to rise drastically as the company beefs up its robotaxi production. According to analysts from Bank of America and Goldman Sachs, Pony AI’s stock could easily double with the anticipated expansion of its fleet. The company plans to increase its robotaxi fleet to 1,000 units by the end of 2025. Should this occur, analysts predict that Pony AI’s stock could appreciate by up to 104%.

Notably, bitcoin hit a significant high, marking a resurgence in its cyclical and secular uptrends. Stocks with high exposure to the cryptocurrency marketplace like MicroStrategy (Strategy) (MSTR) and Coinbase (COIN) have experienced significant rallies. Katie Stockton, Fairlead Strategies, projects Bitcoin could reach $134,500 mid-term. The breakouts in the cryptocurrency market are deemed technical catalysts indicating long-term exposure.

Jim Cramer disagreed with Morgan Stanley’s downgrade of CrowdStrike, a cybersecurity firm, considering its recent dip as a chance for buying. Despite being downgraded to equal weight, CrowdStrike’s stock showed resilience, trading at around $477. Meanwhile, concerns over the company’s high valuation have emerged due to investors’ lofty expectations. In the housing market, one-third of the largest 100 markets are seeing a decline in prices, caused by a rising inventory and high mortgage rates. The trend suggests further falls in prices across more markets. On the restaurant industry, the two names where Jim Cramer stands firm following Melius’s initiations are Starbucks and Texas Roadhouse. Despite Melius starting coverage on Starbucks with a ‘sell’ rating, Cramer disagreed and showed support for Starbucks’ CEO Brian Niccol’s ongoing improvements to the chain. Conversely, Texas Roadhouse was initiated with a ‘buy’ rating by Melius, being described as a “rare” traffic-driven growth story. Stock market leader Nvidia continued to stay strong despite concerns related to Beijing. Stocks to watch include Kenvue, which has seen an increase in its premarket shares by over 3% after CEO Thibaut Mongon was removed and Kirk Perry was appointed as interim CEO. Melius Research has started coverage of McDonald’s and Starbucks with sell ratings but favors Yum! Brands, Texas Roadhouse, Restaurant Brands, and Dutch Bros. Home goods producer Procter & Gamble was downgraded by Evercore ISI from ‘buy’ to ‘hold’. Lastly, Citi encouraged investors to buy shares in the industrial manufacturing company Dover, despite President Trump’s recent threats of tariffs potentially impacting its European revenue.