The Magnificent 7 was up more than 20% after the US presidential election, powered by big gains in all members except Nvidia and especially outsized strength for Tesla.
With today’s losses further deepening the breakdown in the momentum trade, the cohort is now down slightly since the election.
Nvidia is the biggest drag on the group, with Microsoft and Amazon also down since the November 5 vote.
Sydney Sweeney has great... feet?
Shares of Crocs are rising after the footwear company’s HeyDude brand unveiled a new marketing effort starring actress Sydney Sweeney for its Austin Lift shoe line.
Sweeney’s controversial ad campaign for American Eagle spurred a massive jump in the denim maker’s shares, caught the attention of the president, and prompted “an uptick in customer awareness, engagement, and comparable sales,” per American Eagle’s management.
Sweeney was first announced as HeyDude’s global spokesperson in August 2024, and doesn’t seem to have given the brand a major boost so far.
Shares of Ford and GM are each trading at 52-week highs on Friday, as investors pile into gas-powered US automakers with the looming end of the EV tax credit and the Trump administration’s potential repeal of vehicle emissions standards.
A lobby representing Ford, GM, and nearly all other major automakers has expressed support for the EPA’s proposal to repeal the long-standing endangerment finding that declared greenhouse gases a threat to human life. The finding provides the legal foundation for the EPA to regulate vehicle emissions.
Yesterday, EV giant Tesla urged the Trump administration to keep the standards in place.
Friday afternoon saw Ford shares reach their highest level since July 2024, while GM’s stock hit highs not seen since January 2022.
“It kind of comes down to, what inning do you think we are in this AI game?”
GameStop is jumping as the company offers promotions to boost interest for today’s North American launch of the Mega Evolution set of the “Pokémon Trading Card Game.”
Get FREE Pokémon alongside the Mega Evolutions launch tomorrow. Only at GameStop. pic.twitter.com/cYogGsIpBn
— GameStop (@gamestop) September 25, 2025
Options activity is a little more tilted to the bull side than usual. Over the past month, a little less than four calls have changed hands for every put option. As of 10:22 a.m. ET, that ratio is over five to one.
It’s a big day for collectibles fans and gamers alike: beyond the “Pokémon TCG” drop, there are also new collections from “Yu-Gi-Oh!” and “Magic: The Gathering” being released and “EA SPORTS FC 26,” as well.
As we’ve written, “Pokémon” trading cards have been skyrocketing in value, and GameStop’s collectibles business has been accelerating. These are two sides of the same coin.
Mega Gardevoir... here I come!
