🚀 Hot Market Alert: Carrier, Whirlpool, Corning & More Dominate Today’s Stock Surge (July 30, 2025)

Wall Street's rollercoaster hits warp speed as legacy industrials defy gravity—for now.

Blue-Chip Breakout: HVAC giant Carrier and appliance titan Whirlpool rally on whispered 'smart home' upgrades—because IoT fridges always moon harder than crypto. *wink*

Glass Half Full: Corning's specialty materials division quietly eats Big Tech's R&D budget—another quarter of 'unexpected' demand for bendable Gorilla Glass.

The Elephant in the Trading Pit: These boomer stocks moving like meme coins should terrify fundamental analysts. But who reads 10-Ks when algos trade on TikTok trends?

Pro tip: Watch the Fed's next 'accidental' liquidity injection—nothing fuels a dead-cat bounce like freshly printed excuses.

Key Takeaways

• U.S. equities were lower at midday with some corporate earnings reports missing estimates and ahead of tomorrow's Fed decision on interest rates.
• Concerns about residential HVAC demand sent shares of Carrier Global down.
• Waste Management beat profit and sales forecasts, with the results boosted by the waste hauler's acquisition of Stericycle.

U.S. equities were lower at midday on some soft corporate earnings reports and expectations about this week’s decision on interest rates from the Federal Reserve. The Dow Jones Industrial Average, S&P 500, and Nasdaq were all down.

Shares of air conditioner and heating systems giant Carrier Global (CARR) dropped on concerns about soft residential HVAC demand.

Whirlpool (WHR) shares slid when the major appliances manufacturer missed profit and sales estimates, reduced its guidance, and recommended cutting its dividend on falling consumer sentiment.  

Shares sank for Royal Caribbean Group (RCL) after the cruise line operator’s current-quarter guidance missed estimates because of higher costs for its newest ship.

Corning (GLW) was the best-performing stock in the S&P 500 when the manufacturer of fiber optic glass posted better-than-expected results on soaring demand for products for use in artificial intelligence (AI) applications.

Demand for AI chips helped boost revenue at electronic automation toolmaker Cadence Design Systems (CDNS). The firm also raised its guidance, and shares rose.

Waste Management (WM) shares advanced when the garbage and recycling hauler beat earnings and revenue forecasts, as it benefited from the acquisition of Stericycle. 

Oil and Gold futures gained. The yield on the 10-year Treasury note fell. The U.S. dollar was up on the euro, pound, and yen. Prices for most major cryptocurrencies were lower.

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