Market Update
China Stocks
Li Chen
30 Jul, 2025
Hong Kong
Stocks in China and Hong Kong faced headwinds after trade talks in Stockholm failed to produce an agreement.
The Hang Seng index declined 0.4% and the mainland-focused CSI 300 index gained 0.5% as investors worried about the impact of stalled U.S.-China trade negotiations.
China and the U.S. ended their third round of trade talks in Stockholm, and Chinese negotiators said the two sides remained far apart about the timing of new tariffs despite a framework agreement.
Currently Chinese goods imports face a 51% import duties, and negotiators were looking to lower the rate to close to 15%.
The stalled bilateral talks kept market enthusiasm in check in Hog Kong ahead of the release of interim results from eight
China Indexes and Stocks
The Hang Seng index decreased 0.4% to 25,414.73, and the mainland-focused CSI 300 index increased 0.5% to 4,173.70.
Stock Movers: Boeing, Cadence Design, Starbucks, Visa
Scott Peters
30 Jul, 2025
New York City
Cadence Design Systems Inc. jumped 8.6% to $362.42 after the electronic design automation software developer reported a slight increase in revenue and a 30% decline in profit in the June quarter.
Consolidated revenue increased to $1.28 billion from $1.06 billion, net income dropped to $160.1 million from $229.5 million, and diluted earnings per share fell to 59 cents from 84 cents a year ago.
For the fiscal year 2025, revenue advanced to $2.51 billion from $2.07 billion, net income inched down to $433.6 billion from $477.2 billion, and diluted earnings per share edged down to $1.59 from $1.74 a year ago.
Cadence Design guided full-year revenue to be between $3.22 billion and $3.25 billion, net income between $1.08 billion and $1.1 billion, and diluted earnings per share between $3.97 and $4.07.
The company guided third-quarter revenue between $1.69 billion and $1.70 billion, compared to $1.28 billion; net income on a GAAP between $314 million and $330 million; and diluted earnings per share between $1.14 and $1.20, compared to 84 cents a quarter earlier, respectively.
Boeing Co. declined 2.7% to $230.09 despite the aerospace and defense company saying net loss shrank in the fiscal second quarter.
Consolidated revenue in the second quarter advanced 35% to $22.7 billion from $16.9 billion, net loss shrank to $612 million from $1.4 billion, and diluted losses per share eased to 92 cents from $2.33 a year ago.
For the six-month period, revenue advanced 26% to $42.2 billion from $33.4 billion, net loss dropped to $643 million from $1.8 billion, and diluted losses per share edged down to $1.73 from $4.04 a year ago.
Starbucks Corp. gained 4.3% to $97.25 after the coffee chain retailer reported a slight increase in revenue and a 47% decline in profit in the fiscal third quarter.
Revenue increased to $9,556 billion from $9,113.9 billion, net income declined to $558.3 million from $1.1 billion, and diluted earnings per share fell to 49 cents from 93 cents a year ago.
Operating income decreased to $218.4 million from $235.2 million a year earlier, respectively.
The company board declared a cash dividend of $0.61 per share, payable on August 29, 2025.
In May, the company issued a $1.75 billion bond.
U.S. comparable store sales declined by 2%, and there was a 4% decline in comparable transactions.
During the third quarter the company opened 308 net new stores.
Brian Niccol, chairman and chief executive officer, said, “In 2026, we'll unleash a wave of innovation that fuels growth, elevates customer service, and ensures everyone experiences the very best of Starbucks. We're building back a better Starbucks experience and a better business.”
Visa Inc. decreased 2.3% to $343.06 despite the payment processing company reporting an increase in revenue and earnings in the June quarter.
Consolidated revenue in the June quarter increased 14% to $10.2 billion from $8.9 billion, net income advanced 8% to $5.3 billion from $4.9 billion, earnings per diluted share rose from $2.29 to $2.40, and operating expenses jumped 35% to $4 billion from $3 billion a year ago.
For the nine-month period, revenue advanced to $29.3 billion from $26.3 billion, net income soared to $15 billion from $14.4 billion, diluted earnings per share edged higher to $7.59 from $7.08, and operating expenses increased 26% to $11.4 billion from $9.1 billion a year ago.
During the third quarter, Visa repurchased 14 million Class A common shares for $4.8 billion at an average price of $349.24, with $29.8 billion remaining in its share repurchase authorization."
The company board declared a quarterly cash dividend of $0.590 per share of Class A common stock, payable on September 2, 2025.
Stock Movers: Cadence Design, Boeing
Scott Peters
30 Jul, 2025
New York City
Cadence Design Systems Inc. jumped 8.6% to $362.42 after the software company reported a slight increase in revenue and a 30% decline in profit in the June quarter.
Consolidated revenue increased to $1.28 billion from $1.06 billion, net income dropped to $160.1 million from $229.5 million, and diluted earnings per share fell to 59 cents from 84 cents a year ago.
For the fiscal year 2025, revenue advanced to $2.51 billion from $2.07 billion, net income inched down to $433.6 billion from $477.2 billion, and diluted earnings per share edged down to $1.59 from $1.74 a year ago.
Cadence Design guided full-year revenue to be between $3.22 billion and $3.25 billion, net income between $1.08 billion and $1.1 billion, and diluted earnings per share between $3.97 and $4.07.
The company guided third-quarter revenue between $1.69 billion and $1.70 billion, compared to $1.28 billion; net income on a GAAP between $314 million and $330 million; and diluted earnings per share between $1.14 and $1.20, compared to 84 cents a quarter earlier, respectively.
Boeing Co. declined 2.7% to $230.09 despite the aerospace and defense company saying net loss shrank in the fiscal second quarter.
Consolidated revenue in the second quarter advanced 35% to $22.7 billion from $16.9 billion, net loss shrank to $612 million from $1.4 billion, and diluted losses per share eased to 92 cents from $2.33 a year ago.
For the six-month period, revenue advanced 26% to $42.2 billion from $33.4 billion, net loss dropped to $643 million from $1.8 billion, and diluted losses per share edged down to $1.73 from $4.04 a year ago.