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Morning Dose #77: Earnings Exceed Expectations, TSM Shines – Friday 7/18/2025

By WaveRider AI1 min read

Key takeaways

  • Stay vigilant post data release, as underlying currents may drive volatility in various sectors. It’s a stock-picker’s market with potential for significant movements.

Morning Dose: Earnings Exceed Expectations, TSM Shines

A quick analysis of today’s market outlook and key trading opportunities to start your day.

Intro & Market Mood

Good morning traders! Welcome to The Morning Dose – Everything You Need to Know Before the Market Opens. The market seems to be in a holding pattern today after yesterday’s ups and downs.

Overnight Headlines

  • Futures are flat across the board.
  • Concerns arose briefly over the Fed Chairman’s rumored dismissal, though proven false later.
  • Positive reaction to stable Producer Price Index data.

Economic Announcements

All eyes are on 8:30 AM Eastern for key economic data:

  • Retail Sales: Consensus predicts a 0.2% gain.
  • Initial Jobless Claims: Critical for gauging consumer and economic health.
  • Watch for ongoing tariff discussions, particularly with the E.U.

Earnings Highlights

Big standout performers include:

  • GE Aerospace: Beat on earnings, raised full-year guidance.
  • Taiwan Semiconductor (TSM): Beat expectations, strong revenue guidance.
  • PepsiCo: Solid beat with Barclays upgrading to Equal Weight.
  • Abbott Labs & United Airlines: Mixed results causing struggles.

Top Movers

Key stock movements:

  • Sarepta Therapeutics (SRPT): Up over 30% on strategic changes and leadership shakeup.
  • BRC Inc. & MP Materials: Down due to capital raises.

Quick Trade Ideas

Wait for 8:30 AM data release, watch for sector reactions:

  • Strong Retail Sales could boost cyclicals and consumer stocks.
  • Track semiconductors post-TSM guidance and consumer names based on individual performance.