After Hours Report

Stocks finished mostly lower after giving back much of their early strength, as the broader market followed semiconductor stocks lower into the close while rising Treasury yields and higher oil prices added to the afternoon selling pressure. The S&P 500 (-0.2%), Nasdaq Composite (-0.1%), and DJIA (-0.6%) finished lower across the board.

Semiconductor stocks still modestly outperformed, as investors stepped in following the group's recent retreat, which has been widely viewed as a technical correction despite its sharp magnitude. The PHLX Semiconductor Index (+0.6%) ceded the bulk of its early strength, but there were still several notable performances today. Lumentum (LITE 765.55, +32.73, +4.47%) and Teradyne (TER 333.76, +11.40, +3.54%) were among the top performers, while memory names such as Micron (MU 865.46, +16.51, +1.94%) benefited from Bloomberg reporting that Kimi K3, the latest model from Chinese startup Moonshot AI, requires substantial memory to operate.

Advanced Micro Devices (AMD 503.57, +7.81, +1.58%) also outperformed after Microsoft (MSFT 402.29, +8.47, +2.15%) said it will deploy AMD's Helios Rackscale Solution for frontier-model AI inference and expand its use of the company's EPYC processors and Pensando DPUs.

The information technology sector (+0.1%) finished with just a fraction of its earlier gain, facing pressure in several of its largest components including Apple (AAPL 326.59, -7.15, -2.14%) and Oracle (ORCL 121.37, -5.04, -3.99%). The Information reported Oracle is facing multibillion-dollar cost setbacks in the buildout of its data centers.

Meanwhile, Alphabet (GOOG 351.37, +5.25, +1.52%) was a "Magnificent Seven" standout ahead of its earnings release later this week after The Information reported the company aims to introduce a new "frozen" AI chip. The communication services sector (+0.7%) finished with the widest gain as a result.

The energy sector (+0.6%) rounded out the three S&P 500 sectors that notched a gain today. Oil prices were choppy amid a shifting geopolitical atmosphere, with WTI crude oil futures settling today's session $0.92 higher (+1.1%) at $82.59 per barrel. Earlier reports of potential U.S.-Iran negotiations involving intermediaries faded into the background this afternoon after President Trump vowed retaliation for the two American soldiers killed by an Iranian missile in Jordan over the weekend. Additionally, Yemen's Houthis declared a maritime blockade on Saudi Arabia, which could amplify the potential for a broader regional conflict.

The bump in oil prices and Treasury yields put pressure on the broader market, which steadily retreated from a mostly higher open this morning.

While the consumer discretionary sector (-0.4%) finished with a relatively modest loss due to a solid showing from Amazon (AMZN 249.99, +2.76, +1.12%), its weakness largely reflected the rise in Treasury yields today. Carvana (CVNA 64.18, -3.16, -4.69%), which is sensitive to borrowing costs, was the worst-performing S&P 500 component today, while weakness across homebuilder stocks sent the iShares U.S. Home Construction ETF 2.0% lower.

Elsewhere, the health care sector (-1.2%) finished with the widest loss amid a weak showing from biotechnology names, while the industrials sector (-0.8%) faced pressure from Honeywell Aerospace (HONA 202.47, -9.16, -4.33%), which continues to slide following its spinoff from Honeywell (HON 226.18, +1.16, +0.52%) last month.

Outside the S&P 500, the Russell 2000 (-0.7%) and S&P Mid Cap 400 (-0.8%) quickly ceded their opening gains to a lower finish as well.

Though stocks enjoyed a strong opening, it was largely all downhill from there. This morning's "buy-the-dip" bid across semiconductor stocks faded, as the early catalysts were stock-specific and not disruptive enough to change the current downtrend across the group. Rising oil prices and Treasury yields added pressure to the broader market, keeping it on tenuous footing ahead of a consequential week of earnings.

U.S. Treasuries started the week with a steady Monday retreat that drove yields on longer tenors back to last week's highs with this year's highs from May looming not far above. The 2-year note yield settled up four basis points to 4.21%, and the 10-year note yield settled up six basis points to 4.60%. 

• Russell 2000: +18.6% YTD
• S&P Mid Cap 400: 13.3% YTD
• Nasdaq Composite: +9.8% YTD
• S&P 500: +8.7% YTD
• DJIA: +7.9% YTD

Reviewing today's data:

• June Leading Economic Index -0.2% (Briefing.com consensus 0.1%); Prior 0.1%

 Overseas:

• Europe: DAX +0.1%, FTSE -0.7%, CAC flat
• Asia: Nikkei market closed, Hang Seng +2.4%, Shanghai +0.9%

Commodities:

• Crude Oil +0.92 @ 82.59
• Nat Gas -0.05 @ 2.86
• Gold -2.60 @ 4016.10
• Silver +0.76 @ 57.07
• Copper +0.07 @ 6.34

After-Hours Spotlight:

• President Trump to impose additional 50% tariffs on certain goods of Canada
• Cracker Barrel (CBRL) completes 26-store sale-leaseback, exits Maple Street Biscuit; raises FY26 profitability outlook...CBRL +4.6%
• FedEx (FDX) expects its MD-11 fleet to be fully returned to service by the end of calendar year 2026...FDX +0.3%
• Magnolia Oil & Gas (MGY) launches $1.0 bln Class A common stock offering...MGY -5.0%
• Nebius Group N.V. (NBIS): NVDA discloses 9.3% stake in NBIS...NBIS +3.1%
• Park Aerospace Corp. (PKE) Reports First Quarter Results...PKE +11.7%
• Planet Fitness (PLNT) exits minority stake as Franchise Equity Partners buys Australian franchisee Bravo Fit...PLNT +4.1%
• Ross Stores (ROST) opens 47 new locations in June and July, keeps pace for about 110 openings this year...ROST flat
• Steel Dynamics (STLD) beats by $0.06, beats on revs; market conditions in place to support strong domestic steel and aluminum consumption through the remainder of 2026 and into 2027...STLD -0.9%
• W.R. Berkley (WRB) beats by $0.19, beats on revs...WRB -2.3%
• Zions Bancorp (ZION) reports Q2 (Jun) results...ZION -2.9%

For a full rundown of today's market and after hours developments, see Live In Play

• Earnings/Guidance (Full Earnings Calendar):
  • Caledonia Mining (CMCL) announces Q2 gold production from the Blanket Mine
  • Domino's Pizza (DPZ) misses by $0.10, beats on revs; U.S. same store sales growth of 0.1%
  • Nomad Foods (NOMD) reports preliminary Q2 results, maintains FY26 operating outlook
• General News
  • Bureau of Economic Analysis will change how it calculates PCE, which would lower the inflation metric. WSJ
  • Two U.S. service members were killed following an Iranian drone attack in Jordan. Iran suspended its commitments in the memorandum of understanding. CNBC
  • Iran Foreign Ministry spokesperson Esmail Baghaei says Iran received proposals from mediators. Bloomberg
  • Progressive Troy Jackson is the heavy favorite to become the Democratic nominee for Maine Senate, as his campaign dominated the first two days of the delegate selection process. Politico
  • China expected to announce tech-centric stimulus measures this month. FT
  • The Trump administration could ban Chinese AI models, according to Axios
  • U.S. CENTCOM says it "began conducting a new wave of strikes against Iran at 7 p.m. ET today for the ninth consecutive night. The strikes will continue degrading Iranian military capabilities used to attack commercial vessels and civilian mariners transiting the Strait of Hormuz"
  • Andy Burnham will become UK Prime Minister, according to Reuters
  • Kimi K3 requires large amounts of memory to operate. Bloomberg
  • The Trump administration is mulling creating an independent regulator to vet the safety of artificial intelligence models. Bloomberg
  • FDA provides update on Cyclospora outbreak; says FDA laboratory experts re-reviewed the sample results and have concluded that the finding does not represent true amplification and should be considered a false positive 
  • U.S. sending more aircraft to the Middle East as President Trump considers widening war with Iran, according to CNN
  • Axios reporter Barak Ravid says "Israeli official tells me the IDF withdrawal from the pilot zones in southern Lebanon will take place on Tuesday"
  • President Trump says "Every time Iran kills an American soldier, they will pay for that killing many times over! This directive has been passed on to Secretary of War Pete Hegseth, Chairman of the Joint Chiefs of Staff Daniel Caine, and every leader in the military."
  • Iranian missile that killed two U.S servicemen in Jordan over the weekend struck prefabricated housing units for troops, according to WSJ
  • YemenTV says "The President of the Leadership Council announces the resumption of oil exports starting today"
  • Axios reporter Ravid says President Trump prioritizing retaliation against Iran despite ongoing talks
  • 4DMT (FDMT) reports positive 2-year PRISM Phase 2b data for 4D-150 in wet AMD
  • Acadia (ACAD) gets FDA Fast Track for remlifanserin in Alzheimer's disease psychosis
  • Accel (ACEL) adds about 600 Nevada gaming terminals through Green Valley Grocery route deal
  • Adidas AG (ADDYY) CEO Bjorn Gulden says he expects World Cup event sales to reach over $1.7 bln, according to NY Times
  • ADM (ADM) names Syngenta's Jeff Rowe as new COO effective Aug. 17 (
  • AerCap (AER), Air France-KLM (AFLYY) to form 50/50 LEAP spare-engine leasing JV
  • AerCap Holdings (AER) in discussions to purchase Boeing (BA) 787 Dreamliner jets. Bloomberg
  • AeroVironment (AVAV) lands $117.3 mln U.S. Army production contract for P550 drone system
  • Air Canada (ACDVF) and Airbus (EADSY) launch joint initiative to scale domestic Canadian SAF and help reduce the life-cycle emissions of corporate travel
  • Airbus (EADSY): SMBC Aviation Capital has placed a firm order for an additional 65 A321neo and 35 A320neo aircraft
  • Airbus (EADSY): Riyadh Air firms up order for six additional Airbus A350-1000 aircraft
  • Alibaba (BABA): Qwen introduces a preview of a new artificial intelligence model. Bloomberg
  • Alibaba (BABA): EU Commission fines BABA's AliExpress €550 million for breaching the Digital Services Act
  • Alibaba (BABA) pushes back on EU fine, plans appeal over AliExpress DSA decision
  • Alphabet (GOOG) aiming to introduce new "frozen" AI chip, according to The Information
  • Apple (AAPL) raises iPhone 17 prices by 10% in Japan. Bloomberg
  • Archer (ACHR), Anduril unveil jointly developed autonomous VTOL platform; defense variant Thunder first flight planned for 2027
  • Armata Pharmaceuticals (ARMP) advances AP-SA02 toward Phase 3, names new CFO
  • AstraZeneca (AZN): BREZTRI is now available in the US as the first and only fixed-dose triple therapy for asthma patients 12 years of age and older
  • BETA Technologies (BETA) unveils MV250 hybrid-electric autonomous VTOL for military logistics
  • BETA (BETA) signs term sheet to supply Loganair with five ALIA CTOL electric aircraft, plus options for five more
  • BlackRock (BLK) aiming to sell $12 bln in bonds to finance Meta's (META) El Paso, TX data center, according to Bloomberg
  • Boeing (BA): FAA expected to certify Boeing 737 MAX 7 & 10 soon, according to Reuters
  • Boeing (BA) says Riyadh Air to exercise options for 28 more 787s, including 20 conversions to 787-10
  • Boeing (BA) lands order for 100 737 MAX jets from SMBC Aviation Capital
  • Boeing (BA) CEO Kelly Ortberg wants the company's finances shored up before launching a new aircraft design. WSJ
  • Boeing (BA) says Philippine Airlines commits to up to 20 787 Dreamliners
  • Bridger Aerospace (BAER) partners with TracPlus to add real-time aerial firefighting data into IGNIS
  • Bristol Myers (BMY) expands NVIDIA AI partnership, to deploy DGX Vera Rubin SuperPOD
  • Broadridge (BR) partners with Alpaca on governance tools for tokenized securities
  • CGI Group (GIB) strengthens enterprise AI leadership with Databricks Brickbuilder Specializations in Public Sector and Generative AI
  • Chime (CHYM) launches Chime Invest with commission-free stock and ETF trading, managed portfolios
  • Chiron Real Estate (XRN) makes executive appointments, including a new COO
  • Clover Health (CLOV) discloses cybersecurity incident
  • Comcast (CMCSA) expands Xfinity internet service to Hancock and Glascock counties in Georgia
  • Concentra (CON) opens first Idaho medical center in Boise, plans Meridian site later this year
  • Costco (COST) is building standalone gas stations amid increasing popularity. WSJ
  • Dyne Therapeutics (DYN) BLA for z-rostudirsen in exon 51 DMD accepted by FDA; Priority Review sets Jan. 21, 2027 PDUFA date
  • Eaton (ETN) opens U.K. aerospace additive manufacturing center
  • Ecopetrol (EC) discloses unauthorized access affecting cloud file storage; says ransomware attempt was blocked
  • Elbit Systems (ESLT) unit wins more than $370 mln in CBP contracts
  • Eve Air Mobility (EVEX) signs LOI with Shearwater for up to 16 eVTOL aircraft; signs LOI with Moov for up to 30 eVTOL aircraft in Cabo Verde and Europ
  • Eve Air Mobility (EVEX) advances Eve 100 certification with ANAC consultation, EASA validation filing
  • Ford Motor (F) and Unifor-represented hourly employees have ratified a new three-year national collective agreement, reinforcing Ford's long-term commitment to Canada
  • Duke Energy (DUK) Carolinas reaches North Carolina rate agreement that would cut proposed increase by more than half
  • GE Aerospace (GE) partners with NASA, BETA Technologies (BETA), and Boeing (BA) on world’s first high-altitude hybrid electric flight
  • Gen's (GNE) MoneyLion launches MoneyLion One premium banking membership
  • Gorilla Technology Group (GRRR) announces delivery of CVR payment notice
  • Greenwich LifeSciences (GLSI) provides clinical updates on FLAMINGO-01
  • GSK plc (GSK) seeks EMA label expansion for Bexsero booster dose
  • Hackett Group (HCKT) launches AI World Class HR benchmarks, cites large gains in recruiting metrics
  • Hancock Whitney (HWC) gets regulatory clearance for One Florida Bank acquisition
  • Hawaiian Electric (HE) seeks to expand renewables, energy storage on O?ahu, Hawai?i Island and Maui
  • Healthpeak (DOC), Brookfield Asset Management (BAM) form $2.1 bln outpatient medical buildings JV
  • Hexcel (HXL) expands long-term supply agreements with Boeing
  • Honda Motor (HMC) confirms signing of JV term of GAC Honda Automobile Co., Ltd. through 2038
  • Honeywell Aerospace (HON) wins avionics and APU selection for IndiGo's 810-aircraft Airbus order
  • Honeywell Aerospace (HON) selected by Aeromexico for intended SURF-A deployment on 100-plus aircraft
  • Honeywell (HON) already had plans to reshape the company before Elliott took a stake. Bloomberg
  • Hut 8 (HUT) fully commercializes Beacon Point with second 352 MW AI data center lease
  • IBM (IBM) is in a bad place for the artificial intelligence revolution. WSJ
  • Immix Biopharma's (IMMX) Ronald Fischer (alias name was Richard Graydon) was arrested last week, according to Stat News
  • IREN (IREN) signs $2.8 bln of new AI cloud contracts, raises 2026 ARR target to over $4 bln
  • ITW (ITW) unit Miller expands Deltaweld lineup with new 600-amp welding system
  • Johnson & Johnson (JNJ): Supreme Court of Canada upholds prohibition on medical treatment patents in Pharmascience Inc. v. Janssen
  • Kamada (KMDA) signs 3-year plasma supply agreement worth about $50 mln (
  • KBR (KBR) selected by Pampa Energía for ammonia technology at Argentina complex
  • LifeMD (LFMD) former workers say that the company prioritized profits over patient safety (NVS). Stat News
  • Lindsay Corp (LNN) announces that CFO Sam Hinrichsen has notified the Board of his intent to resign, effective August 31, 2026
  • Lockheed Martin (LMT) unveils MORFIUS X-Rotor counter-drone system
  • Lockheed Martin (LMT) introduces PAC-3 ACE interceptor at less than half the cost of PAC-3 MSE
  • Medline (MDLN) to open 1 mln-sq-ft Perris, Calif., distribution center
  • Microsoft (MSFT) expands Azure AI and HPC infrastructure with AMD (AMD)
  • NaaS Technology (NAAS) received final award against it in Charge Amps AB arbitration
  • Nasdaq (NDAQ) Calypso selected for shared treasury infrastructure across Georgia's five largest banks
  • NN (NNBR) enters U.S. firearms contract manufacturing market, sees $12 mln-$15 mln sales contribution
  • NVIDIA (NVDA) expands Agent Toolkit with Omniverse libraries for simulation-ready physical AI workflows
  • Old Republic (ORI) announces national partnership with Hope For The Warriors
  • Organon (OGN) discloses litigation relating to the merger with Sun Pharma USA
  • Parsons (PSN) wins $33 mln NYSDOT statewide intelligent transportation modernization contract
  • Paylocity (PCTY): HireQuotient extends AI recruiting capabilities to Paylocity customers in frontline industries
  • Playtika (PLTK): Tencent in talks to acquire Playtika’s SuperPlay gaming unit for up to $1.5 billion, according to Calcalist
  • Polestar Automotive Holding UK PLC (PSNY) will not appeal United States ban, according to WSJ
  • QumulusAI (QMLS) buys 1,632 NVIDIA Blackwell B300 GPUs to expand AI cloud capacity
  • Raymond James (RJF) acquires Imperial Capital’s Fixed Income Sales & Trading Business
  • Redwire (RDW) to expand Huntsville campus by 164,000 square feet with 150 jobs planned
  • REGENXBIO (RGNX) posts long-term sura-vec data in wet AMD, diabetic retinopathy; wet AMD pivotal topline due Q4
  • RTX's (RTX) Pratt & Whitney wins British Airways engine selection for up to 63 Airbus A320neo aircraft
  • RTX's (RTX) Pratt & Whitney announces the successful completion of demonstration testing for its additively manufactured TJ150 engine
  • Samsung (SSNLF) aiming to cut some U.S. jobs Reuters
  • Siemens AG (SIEGY) to acquire Precision Innovations, expanding AI-powered chip design capabilities
  • SLB (SLB)/ S&P Global’s (SPGI) portfolio transaction granted FTC early termination
  • Smith-Midland Corporation (SMID) announced that production is underway on underground precast utility vaults and manholes for a new data center near Fredericksburg, VA
  • SpaceX (SPCX) says "The thirteenth flight test of Starship is preparing to launch as early as Thursday, July 23. The 90-minute launch window will open at 5:45 p.m. CT."
  • SpaceX (SPCX) awarded Foxconn (FXCNY) a portion of a large $52 bln order, according to WCCF Tech
  • Tamboran (TBN) completes Beetaloo Basin's largest stimulation program; first gas sales still on track for 3Q 2026
  • Tesla (TSLA) increasing production at a plant in Germany. Bloomberg
  • Trump Media (DJT) says legal disputes with Patrick Orlando, ARC Global have been settled
  • TSMC (TSM) Chief Financial Officer Wendell Huang expects demand for artificial intelligence chips will remain strong for years. Reuters
  • USA Rare Earth (USAR) CEO Barbara Humpton to retire; Serra Verde's Thras Moraitis to succeed her Oct. 1
  • Uxin (UXIN) launches used-car superstore project in Shaoxing
  • Value Line (VALU) renews $2 mln stock repurchase program
  • Vertical Aerospace (EVTL) adds Sigma Air Mobility as Valo customer under MoU
  • Vertical Aerospace (EVTL) completes first public eVTOL transition flight at Farnborough
  • Vertiv (VRT) acquires Strategic Thermal Labs
  • Walmart (WMT) removes four bagged iceberg lettuce salad products amid cyclosporiasis outbreak. Bloomberg
  • Warner Bros. Discovery (WBD): Judge pauses Paramount (PSKY) deal to acquire WBD, according to NBC News
  • Xometry (XMTR) releases comprehensive upgrades to its AI Model Architecture
  • Yum! Brands (YUM): Taco Bell removes lettuce from its restaurants that was tied to a cyclosporiasis outbreak. CNBC
  • Yum! Brands (YUM): Taco Bell traffic falls amid parasite outbreak, according to Bloomberg
  • ZKH Group Limited (ZKH) announced that Mr. Chiu Chun Lai has tendered his resignation as chief financial officer of the Company for personal reasons, effective today
  • ZoomInfo (GTM) announces that Sago Health has rebuilt its go-to-market motion with the company's platform
  • ZoomInfo (GTM): Pratt Industries turned B2B prospecting into million-dollar wins with ZoomInfo

• Upgrades:
  • Fervo Energy (FRVO) upgraded to Buy from Hold at Jefferies, tgt $34
  • Global Payments (GPN) upgraded to Overweight from Equal Weight at Morgan Stanley, tgt $100
    
  • GAP Airports (PAC) upgraded to Buy from Neutral at Citigroup
    
  • Harley-Davidson (HOG) upgraded to Buy from Hold at Loop Capital, tgt $32
    
  • Lumentum (LITE) upgraded to Overweight from Equal Weight at Barclays, tgt $1,000
    
  • Nebius (NBIS) upgraded to Buy from Hold at Freedom Capital, tgt $200
    
  • Netflix (NFLX) upgraded to Buy from Accumulate at Phillip Securities, tgt $110
    
  • Urban Outfitters (URBN) upgraded to Buy from Neutral at Goldman, tgt $93
    
  • U.S. Bancorp (USB) upgraded to Neutral from Underweight at JPMorgan, tgt $67.50
    
  • Yeti (YETI) upgraded to Buy from Neutral at Goldman, tgt $63
• Downgrades:
  • Allegro MicroSystems (ALGM) downgraded to Equal Weight from Overweight at Barclays, tgt $48
    
  • Birkenstock (BIRK) downgraded to Neutral from Buy at Seaport Research
    
  • Charles River (CRL) downgraded to Hold from Outperform at CLSA, tgt $219
    
  • Charles Schwab (SCHW) downgraded to Market Perform from Outperform at BMO Capital, tgt $105
    
  • Fidus Investment (FDUS) downgraded to Market Perform from Outperform at Keefe Bruyette, tgt $19.50
    
  • F.N.B. (FNB) downgraded to Neutral from Buy at BofA Securities, tgt $19
    
  • HubSpot (HUBS) downgraded to Equal Weight from Overweight at Wells Fargo, tgt $225
    
  • Monster Beverage (MNST) downgraded to Hold from Buy at Deutsche Bank, tgt $98
    
  • Penguin Solutions (PENG) downgraded to Underweight from Equal Weight at Barclays, tgt $40
    
  • StoneX Group (SNEX) downgraded to Hold from Buy at Jefferies, tgt $112
    
  • Truist Financial (TFC) downgraded to Underweight from Neutral at JPMorgan, tgt $53
• Others:
  • Adobe (ADBE) initiated with an Outperform at CLSA, tgt $300
    
  • Apollo Global (APO) initiated with a Buy at HSBC, tgt $145
    
  • AtlasClear (ATCH) initiated with a Buy at ThinkEquity
    
  • BP (BP) initiated with an Outperform at Mizuho, tgt $51
    
  • BrainsWay (BWAY) initiated with a Buy at BTIG Research, tgt $18
    
  • Crane (CR) initiated with an Outperform at BMO Capital, tgt $253
    
  • Doncasters (DPC) initiated with a Buy at Jefferies, tgt $56
    
  • Doncasters (DPC) initiated with an Equal Weight at Morgan Stanley, tgt $47
    
  • Doncasters (DPC) initiated with an Outperform at RBC Capital, tgt $53
    
  • Doncasters (DPC) initiated with a Buy at Rothschild & Co Redburn, tgt $53.50
    
  • Eloxx Pharmaceuticals (ELOX) initiated with a Buy at Guggenheim, tgt $43
    
  • EnPro (NPO) initiated with an Overweight at JPMorgan, tgt $420
    
  • Faeth Therapeutics (FTH) initiated with an Outperform at Citizens, tgt $51
    
  • Genius Sports (GENI) initiated with a Buy at Freedom Capital, tgt $9
    
  • Gloo (GLOO) initiated with an Outperform at Citizens, tgt $8
    
  • Honeywell Aerospace (HONA) initiated with a Neutral at UBS, tgt $231
    
  • Microsoft (MSFT) initiated with an Outperform at CLSA, tgt $535
    
  • Moog (MOG.A) initiated with an Overweight at JPMorgan, tgt $520
    
  • Oracle (ORCL) initiated with a Hold at CLSA, tgt $145
    
  • Ralliant (RAL) initiated with a Market Perform at BMO Capital, tgt $78
    
  • Regal Rexnord (RRX) initiated with a Buy at Deutsche Bank, tgt $286
    
  • Salesforce (CRM) initiated with a Hold at CLSA, tgt $165
    
  • ServiceNow (NOW) initiated with an Underperform at CLSA, tgt $72
    
  • Shattuck Labs (STTK) initiated with an Outperform at Leerink, tgt $16
    
  • Shell (SHEL) initiated with a Neutral at Mizuho, tgt $98
    
  • Soluna Holdings (SLNH) assumed with a Buy at H.C. Wainwright, tgt $4
    
  • Sophia Genetics (SOPH) initiated with a Buy at H.C. Wainwright, tgt $12
    
  • Sportradar (SRAD) initiated with a Buy at Freedom Capital, tgt $20
    
  • TotalEnergies (TTE) initiated with an Outperform at Mizuho, tgt $103
    
  • Trulieve Cannabis (TRLV) initiated with an Overweight at Cantor Fitzgerald, tgt $15
    
  • Versigent (VGNT) initiated with a Buy at Goldman, tgt $48
    
  • Workday (WDAY) initiated with an Underperform at CLSA, tgt $92

• Econ Data (Tuesday):
  • No U.S. economic data of note

• Earnings:
  • Monday (July 20)
    • Pre-Market: AMC DPZ
    • After-Hours: BOKF CALX CCK MCRI STLD WRB WTFC ZION
  • Tuesday (July 21)
    • Pre-Market: MMM ALLY AUB SCHW DHI DHR EFX FOR GM GPC HAL HAS KEY MRSH MSCI NOC NVS SYF VMI VICR
    • After-Hours: AIR ALK OZK COF CB EWBC EQT FFBC HWC IBKR NBHC PEGA RRC WBS WAL WFRD
  • Wednesday (July 22)
    • Pre-Market: T BMI CALM CME GEV MCO NTRS ONB PM RPM SF TEL TDY TNL WAB OTIS
    • After-Hours: GOOG AVB CATY CCS CYH CCI CSX EGP ELS EQR EPRT FAF FR FULT GTY GL GSHD GGG IBM KALU KMI KNX LVS LBRT MEDP MOH OII PKG PNFP QS RJF RS RNR RLI ROL SEIC NOW SLG SON STC TSLA TCBI TXN WCN WEX WH LUV
  • Thursday (July 23)
    • Pre-Market: ACI ALLE AMP AMBP BX BFH CLF DOV DOW FCX THRM HOG HON HBAN LADR LAZ LMT HZO MBLY NDAQ NOK NSC NVCR ORI PCG POOL BPOP DGX ROP RTX R SNA STM TECK COCO TMO TMUS TSCO UNP VLY VC WST AAL IMAX URI
    • After-Hours: ABCB APPF ASB SAM BYD COLB CUBI DECK DLR EW ENVA GBCI HIG HTH INTC KNSL KN MXL NEM OVV PECO REXR RNG RHI SLM SAP SIGI SKYW SSB SSNC VRSN WKC WSFS
  • Friday (July 24)
    • Pre-market: AXP BAH CNI CHTR FHB FLG GNTX HCA LW NEE SXT SLB THC VZ
    • Afternoon: None