3 underappreciated smaller stocks that can surge in the final leg of 2025, per Morgan Stanley traders

Smaller stocks that could win big in the latter half of the year include Wayfair and Cinemark.
Trump says National Guard will deploy to Memphis next, sidestepping Chicago

The president called Memphis “deeply troubled.”
Swatch takes a swipe at Trump’s 39% tariff with switched-up watch

President Donald Trump announced shock 39% levies on Switzerland on Aug. 1. Swatch has hit back.
In surprise twist, Armani’s will instructs heirs to gradually sell fashion brand or seek listing

Late designer Giorgio Armani has instructed heirs to gradually sell the fashion brand he created 50 years ago or seek a stock market listing, his will said.
Stocks making the biggest premarket moves: Super Micro Computer, Warner Bros. Discovery, Adobe and more

These are some of the notable stocks posting the largest moves in the premarket.
Trump says Charlie Kirk shooting suspect is in custody

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These ‘cash rich’ stocks can ride out any market downturn, says Morgan Stanley

Morgan Stanley analysts these cash-rich companies’ stocks are poised to perform well, even as the possibility of a broader market downturn looms.
Nvidia and OpenAI to back major investment in UK AI infrastructure

The U.K., like other countries, is courting major U.S. AI players in a bid to boost its own national infrastructure.
Apple, Google and Meta are trying to perfect a science-fiction gadget: The universal translator

Apple, Google and Meta are capitalizing on advancements in AI to bring new translation features to their latest hardware devices.
David Ellison has wasted no time putting his stamp on Paramount

As CEO and chairman, David Ellison has signed big deals for talent and content as part of his plan to invest in the entertainment company.