Top Stock Movers – August 06, 2025
U.S. stocks climbed higher at midday Wednesday, supported by a stream of upbeat corporate earnings. The Dow, S&P 500, and Nasdaq each posted solid gains as investors weighed tariff concerns against strong results from several bellwether companies.McDonald’s (MCD) led blue-chip gains after the fast-food chain beat expectations, thanks to successful promotional campaigns that drove U.S. sales growth. Shares moved higher on the news, providing a boost to the broader consumer discretionary sector.
Shopify (SHOP) continued its momentum, with shares hovering near record highs after the e-commerce platform reported strong Q2 results. The company raised guidance, noting an uptick in gross merchandise value (GMV) and minimal exposure to new tariffs.
Cloud networking leader Arista Networks (ANET) also posted a blowout quarter, citing surging demand for AI-related infrastructure. The company exceeded top- and bottom-line estimates and upgraded its full-year outlook. Investors responded with a sharp rally in the stock.
In contrast, Super Micro Computer (SMCI) slumped, making it the day’s worst performer in the S&P 500. The server manufacturer missed expectations and delivered a muted outlook, blaming tariff pressures and changes required by a major customer.
Social media firm Snap(SNAP)also took a hit after reporting a wider-than-expected loss. Executives cited a platform glitch and new import tax rules as the culprits behind disappointing revenue and profit figures.
Chipmaker Advanced Micro Devices (AMD) fell after profits came in below estimates, impacted by restrictions on exporting chips to China.
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