Crypto stock boost, Toyota guidance cut, Zillow revenue beat
Written by Emily J. Thompson, Senior Investment Analyst
Source: Yahoo Finance
Crypto Market Update: Major cryptocurrencies like Bitcoin and Ethereum are rising in anticipation of President Trump's executive order permitting alternative assets, including crypto, in 401(k) accounts.
Company Earnings Reports: Toyota has reduced its 2025 profit forecast due to US tariffs, while Zillow exceeded second-quarter revenue expectations and anticipates steady growth for the year despite market uncertainties.
Analyst Views on TM
About TM
Toyota Motor Corp is a Japan-based company mainly engaged in the automotive business, as well as financial services and other businesses. It operates through three business segments. The Automotive segment designs, manufactures, and sells automobiles, including sedans, minivans, compact cars, sport utility vehicles (SUVs), and trucks, as well as related parts and accessories. The Financial Services segment provides financing and vehicle leasing services to complement the sales of automobiles and other products manufactured by itself and its affiliates. The Other segment engages in information and communications services. It also oversees manufacturing and sales companies, conducts public relations and research activities, oversees financial companies, and develops various mobility products, primarily software.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
