Market news
Crypto, stocks, forex and macro, aggregated for traders.
Costco June Net Sales Surge 10.6% to $29.24 Billion, Declares Dividend
Costco reported June net sales of $29.24 billion, up 10.6% year-over-year, and declared a quarterly dividend of $1.47 per share.
Honeywell Updates 2026 Guidance After Reverse Stock Split
Honeywell Technologies updated its 2026 adjusted EPS guidance to $7.9-$8.3 following a reverse stock split, while maintaining full-year sales at $19.9B-$20.2B and free cash flow at $1.8-$2.1B.
S&P 500 Stalls in Complex Fourth Wave, Eyes Breakout Levels
An Elliott Wave analysis suggests the S&P 500 may bounce to $7,440–7,525 before declining to $6,840–7,075.
Dow Jones Drops 700 Points as Ceasefire Optimism Fades
The Dow Jones Industrial Average opened near its session high of 52,847 but then fell 700 points, reversing three weeks of optimism tied to ceasefire hopes.
KORU Pullback Nears Support Zone as Buyers Eye Reversal
The Direxion Daily MSCI South Korea Bull 3X ETF (KORU) has pulled back into a key technical demand area, with traders watching for a potential upward reversal.
Dow Jones Hits Record High Ahead of Critical Earnings Season
The Dow Jones (US30) reached a new record high, but upcoming earnings season and reassessment of US monetary policy could bring increased volatility.
Apple and Broadcom Announce $30B+ US Chip Manufacturing Deal
A new long-term agreement between Apple and Broadcom is valued at over $30 billion and aims to produce more than 15 billion U.S.-made chips, with expansion at a Colorado facility.
Dow Jones Futures Fall 0.4% on Risk Aversion Ahead of FOMC Minutes
Dow Jones futures dropped 0.40% to 52,980 during European trading on Wednesday, with S&P 500 and Nasdaq 100 futures also declining as markets await the FOMC minutes.
Penguin Solutions beats Q3 earnings estimates
Penguin Solutions reported Q3 earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.63, and up from $0.47 a year ago.
GDX Bearish Elliott Wave Sequence Remains Intact
The Gold Miners ETF (GDX) continues to show an incomplete bearish Elliott Wave structure from its March 2, 2026 high, with renewed weakness suggesting further downside.
US Government Approves OpenAI's Full Release of GPT-5.6
The US government has granted OpenAI approval to fully release its GPT-5.6 AI model. The company announced that the model will be launched and publicly accessible on Thursday, July 9th.
XP Adds New Features to Global Account with Wise Platform
XP launched new features for its Conta Global, developed with Wise Platform, letting Brazilian clients send international transfers via ACH or wire in over 160 countries.
Thndr Among 10 Companies Granted Licenses by Egypt's FRA
Egypt's Financial Regulatory Authority granted Thndr a license to operate a real estate investment fund, part of a wider round of 10 non-banking financial licenses.
SBI Securities Publishes Cross-Border Blockchain Security Token Verification Results
SBI Securities, Daiwa Securities and partners published results of a demonstration using public blockchain and USDC settlement for cross-border security token trading with overseas brokers.
Firstrade Marks 41 Years With 30-Location Street Campaign Across New York City
Firstrade marked its 41st anniversary with a 30-location marketing campaign across New York City, highlighting its history since being founded in 1985.
Tech Stocks Drop as Geopolitical Tensions and Oil Spike Rock Markets
Technology stocks fell sharply on Tuesday as Samsung's decline despite strong earnings, tanker attacks in the Strait of Hormuz, and revoked Iranian sanction waivers pushed oil prices higher, triggering a broad market reversal.
Institutional Investors Exit South Korean Equities, BNY Says
BNY's Geoff Yu notes institutional investors are pulling out of South Korean equities, contributing to the KOSPI's brief bear-market move, while retail buyers still provide support.
SK Hynix Nasdaq Debut and SpaceX Nasdaq 100 Entry for Investors
SK Hynix is set to make its Nasdaq debut while SpaceX joins the Nasdaq 100, two significant events for investors this week.
Dow Jones Hits Record, Hides Behind Dullest Stocks
The Dow Jones Industrial Average reached a new record on Tuesday, but the index's gains were driven by its least exciting components, suggesting a cautious market tone.
Raymond James Analyst Issues Strong Buy on SpaceX with $800 Target
Raymond James analyst Brian Gesuale initiated coverage on SpaceX with a Strong Buy rating and a $800 price target, implying nearly 400% upside from current levels around $160.
Airbus SE Announces Non-Binding Joint Venture Agreement
Airbus SE has entered a non-binding agreement to form a new joint venture, subject to regulatory approvals and social processes, with operations expected to begin in 2027.
Vertex Pharmaceuticals (VRTX) Bullish Elliott Wave Targets $556.9–$646.4
An Elliott Wave analysis on Vertex Pharmaceuticals (VRTX) points to a bullish outlook with the next target range between $556.9 and $646.4.
Deutsche Bank: Semiconductor Bounce Appears Fragile
Deutsche Bank strategists note the S&P 500 hit a three-week high as semiconductor stocks rebounded, led by the Philly semiconductor index and Broadcom after its expanded Apple partnership.
Nasdaq 100 Jumps Over 1% as Chipmakers Lead Tech Rally
The Nasdaq 100 gained more than 1% on Monday, driven by a strong performance in chipmaker stocks, while European markets started the week cautiously.