Stocks hit an all-time high on Friday, marking a recovery for the U.S. stock market. Investors were able to manage the President Trump’s comments on the possible termination of trade talks between the U.S. and Canada. This is seen to a be turnaround from the lows recorded in April amid trade policy tensions.
Overall, S&P 500 and NASDAQ were up 0.5% to 6,173 and 20,273, respectively.
Tweet of the Day
Tech stocks are very strong right now. https://t.co/XjJ9tmwAzw
— David Sharek (@GrowthStockGuy) June 25, 2025
Chart of the Day
Here is the one-year chart of Arista Networks (ANET) as of May 27, 2025, when the stock was at $92.
In last quarter’s earnings call, management said companies are pivoting towards high performance and reliable routing, where old routers fall short. Arista Networks’ expertise led to three big equipment deals last quarter, including its first in the federal sector, Although this new customer was not disclosed, it is a major civilian agency. To get the deal, Arista Networks knocked out an incumbent.
It now has the momentum of Gen AI, data center, cloud, and campus enterprises.
ANET is part of our Growth Stock Portfolio and Aggressive Growth Portfolio. It’s a core tech holding for us.
