Market news
Crypto, stocks, forex and macro, aggregated for traders.
Monarch Casino Q2 Earnings Beat Estimates
Monarch Casino reported Q2 earnings of $1.78 per share, surpassing the Zacks Consensus Estimate of $1.75 and up from $1.44 a year ago. Revenues also topped estimates.
Novartis Q2 2026 Earnings Beat on Revenue and EPS, Reaffirms Guidance
Novartis reported Q2 2026 net sales of $14.41B (est. $13.94B) and core EPS of $2.41 (est. $2.16). The company reaffirmed its full-year 2026 guidance.
QQQ Elliott Wave Pattern Suggests Further Decline to 684
A short-term Elliott Wave analysis of the Nasdaq 100 ETF (QQQ) indicates a continuing correction from the June 3, 2026 all-time high, with the next target zone set at 684 based on Fibonacci extensions.
Ecopetrol Reports Cybersecurity Incident, No Data Breach or Operational Impact
Colombian oil company Ecopetrol disclosed a cybersecurity incident affecting file downloads, but confirmed no user credentials or data integrity were compromised and operations remain unaffected.
Steel Dynamics Q2 Revenue Beats Estimates, EPS Tops Forecast
Steel Dynamics reported Q2 revenue of $6.09B, beating estimates of $5.57B. Net income was $530.8M with EPS of $3.69, above the $3.64 consensus. Management remains confident in strong domestic steel and aluminum demand through 2027.
Gauzy Proposes Debt Settlement in Israeli Court, Secures $7M PIPE Investment
Gauzy has proposed a debt settlement in an Israeli court to repay all creditor claims, with court approval expected within weeks. The company also signed a binding term sheet for a $7 million PIPE investment led by CEO Eyal Peso and Chutzpah Holdings to support restructuring.
Dow Sits Out Rally as S&P 500, Nasdaq Rise
The Dow Jones Industrial Average traded near 52,000 on Monday, down about 100 points, while the S&P 500 added 0.4% and the Nasdaq Composite climbed 0.9%, as markets priced in hopes of a peace deal that has not been scheduled.
S&P 500 Dips as Tech Sell-Off Accelerates on AI Investment Doubts
The S&P 500 fell on Thursday and Friday as investors rotated out of tech shares, questioning the sustainability of massive AI investments amid intensifying competition and falling service revenues.
Alphabet Plans New 'Frozen' Chip to Boost AI Model Efficiency
Alphabet is developing a server chip that directly integrates the design of its Gemini AI model, aiming for 6-10 times greater efficiency than its current AI chips.
S&P 500 Futures Break Support, Trigger Sell Signal
Emini S&P September futures broke support at 7520-7510, generating a short-term sell signal targeting 7470-7465, with profit taking expected around 7550-7540.
Boeing CEO Says Company Turning Corner, Market 'Super Resilient'
Boeing's CEO stated the company is 'turning the corner' and making progress, while noting the need to ramp up investment in capacity and production. He described the market as 'super resilient'.
Dow Jones Futures Rise as Traders Eye Steady Fed Rate in July
Dow Jones futures gained 0.14% to around 52,450 during European trading on Monday, with S&P 500 and Nasdaq 100 futures also advancing as markets expect the Fed to hold rates steady in July.
WT Financial Group FY2026 EBITDA Rises 22%, NPBT Up 20%
WT Financial Group reported a 22% increase in indicative EBITDA to A$8.4 million for fiscal 2026. Net revenue and other income grew 15% to A$33.1 million, and the board expects a fully franked dividend of 0.75 AU cents per share.
S&P 500 stalls after premarket bounce, breadth remains weak
Heavy premarket selling pushed S&P 500 futures near 5,470, where buyers stepped in, but gains stalled within 30 minutes. Only the Nasdaq managed to rise, yet it failed to flip breadth or the QQQ/SPY ratio bullish.
SpaceX Shares Fall Below $135 IPO Price, Down 40% from June High
SpaceX shares dropped below their initial listing price of $135 for the first time, declining 40% from a June intraday high of $225.
Momentum Stock Volatility Hits Record 4x vs S&P 500
The 3-week volatility of momentum stocks relative to the S&P 500 has surged to a record 4.0x, more than quadrupling in recent weeks. This group, including AI-driven names like Nvidia and Palantir, has seen its index drop 24% in July, on track for the worst month since 2008.
Fahmi Quadir, Known for Wirecard Short, Charts New Career Path
Prominent short seller Fahmi Quadir, who exposed fraud at Wirecard and other companies, is moving on from activist short selling to a new chapter in her career.
Moomoo expands crypto trading to Texas and launches Direct Crypto Deposit & Withdraw
Moomoo expanded its cryptocurrency trading services to investors in Texas and launched a new Direct Crypto Deposit & Withdraw feature for US users.
Schwab Announces Its Summer Business Update
Charles Schwab scheduled a Summer Business Update webcast for institutional investors on July 21, 2026, featuring CEO Rick Wurster and CFO Mike Verdeschi.
SpaceX in Talks with Pentagon for Compute Power Deal Worth Several Billion Dollars
SpaceX is reportedly in discussions with the US Pentagon to provide compute power, with a potential agreement valued at several billion dollars, according to the Wall Street Journal.
Dow Jones Falls Nearly 300 Points on Hawkish Comments
The Dow Jones Industrial Average trades near 52,250 on Friday, dropping nearly 300 points amid hawkish commentary.
Tesla Pauses for Next Break Higher as Bulls Hold Above 436
Tesla's recovery above 436 in May signals continued bullish momentum after the decline from December highs to April 2026 lows, with bulls still active.
Netflix Slumps as Chip Selloff Persists, S&P 500 Near Record
Netflix shares fell amid a continued selloff in chip and space stocks. The S&P 500 remains just 1% below its all-time high, suggesting the risk-off move has not yet destabilized broader markets.
US Stock Markets Drop on Tech Losses
US equities fell as the tech sector suffered substantial losses, dragging Nasdaq and S&P 500 lower. Positive economic data and a decent start to earnings season failed to offset the decline.