Investing Legend Hints the End May Be Near for These 3 Iconic Stocks

Futurist Eric Fry say Amazon, Tesla and Nvidia are all on the verge of major disruption. To help protect anyone with money invested in them, he's sharing three exciting stocks to replace them with. He gives away the names and tickers completely free in his brand-new "Sell This, Buy That" broadcast.

US economy rebounds a surprisingly strong 3% in the second quarter

PAUL WISEMAN
July 30, 2025

WASHINGTON (AP) -- The U.S. economy expanded at a surprising 3% annual pace from April through June, bouncing back at least temporarily from a first-quarter drop that reflected disruptions from President Donald Trump's trade wars.

America gross domestic product -- the nation's output of goods and services -- rebounded after falling at a 0.5% clip from January through March, the Commerce Department reported Wednesday. The first-quarter drop was mainly caused by a surge in imports -- which are subtracted from GDP -- as businesses scrambled to bring in foreign goods ahead of Trump's tariffs.

The bounceback was expected but the size of it wasn't: Economists had forecast 2% growth from April through June.

From April through June, a drop in imports -- the biggest since the COVID-19 outbreak -- added more than 5 percentage points to growth. Consumer spending registered lackluster growth of 1.4%, though it was an improvement over the first quarter's 0.5%.

Private investment fell at a 15.6% annual pace, biggest drop since COVID-19 slammed the economy. A drop in inventories -- as businesses worked down goods they'd stockpiled in the first quarter -- shaved 3.2 percentage points off second-quarter growth.

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