SpaceX to Enter Nasdaq 100, Triggers Fresh Fund Flows
July 7, 2026, 6:26 AM EDT.SpaceX is set to join the Nasdaq 100 index on Tuesday, putting the stock on the radar of investors with big index exposure. The Nasdaq 100 tracks the 100 biggest non-financial stocks on the Nasdaq. Once SpaceX enters, funds managing about $800 billion in assets tracking the index will be forced to buy in. New rules let Nasdaq 100 add stocks just 15 days after their IPO, a much shorter wait than the old three-month window. That means SpaceX gets in faster. The company has a market value above $2 trillion, but its index weighting starts small since only a few shares-less than 5%-are available to trade. SpaceX was already picked up by FTSE Russell and MSCI indexes earlier, but can’t get into the S&P 500 for at least another year.
SpaceX is joining the Nasdaq 100. Here’s w…
American Airlines (AAL) Near $18 Target as Lower Fuel Prices Shift Earnings Outlook
July 7, 2026, 6:25 AM EDT. American Airlines Group Inc. NASDAQ:AAL was down 0.9% pre-market at $17.75, even with the airline ETF NYSEARCA:JETS ticking up 0.4%. The 2026 P/E is 49 with EPS predicted at 36 cents, but the 2027 P/E drops to about 7.2 with EPS moving to $2.47. Investors still see American as expensive next to Delta and United, with questions around how much of the 40% drop in jet fuel since April is already factored into the shares. Q2 EPS guidance from management is wide, between a 20-cent loss and a 20-cent gain, and analyst consensus sits just above flat. Jefferies pointed out American’s EPS could jump up to 50% on a 5% drop to 2027 fuel estimates, making it more sensitive than peers. The average AAL price target is $18.63, roughly 5% higher than the current quote.
American Airlines (AAL) trades near target…
Aalberts Buys 10,000 Shares in Latest Buyback Round
July 7, 2026, 6:24 AM EDT.Aalberts N.V. bought back 10,000 shares from June 29 to July 3, 2026, spending EUR 392,495 at an average EUR 39.25 each. The purchase is part of its ongoing EUR 75 million buyback, started February 27, 2026 and running through October 9, 2026. To date, Aalberts has picked up 1,176,011 shares for EUR 37,066,114. Shares get cancelled after repurchase. The programme is under the April 2025 AGM mandate and EU market abuse rules. An independent intermediary handles buying on the open market.
Aalberts reports the progress of its share…
Ways to Save Go Past Pizza: Coffee, Chores, Travel in Focus
July 7, 2026, 6:23 AM EDT. Money-saving habits aren’t just about making pizza at home. People are also cutting costs on coffee, cooking, cleaning, and vacations. That means brewing coffee instead of buying, cooking more often, rethinking how to handle chores, and finding cheaper ways to travel. These moves can help stretch a budget.
‘I make my own pizza.’ What’s the best way…
SpaceX Mega IPO Drives Trading Spike, Banks Head for Higher Q2 Earnings
July 7, 2026, 6:22 AM EDT. Wall Street banks are set for a boost in second-quarter earnings as a trading surge, driven in part by the huge SpaceX mega IPO, pushes up results. Analysts and LSEG data see strong M&A advisory fees adding fuel as well. The run-up in sales and trading comes with these high-profile IPOs, putting big banks in line for better revenue in Q2.
Trading surge, helped by SpaceX IPO, seen …
Sandisk (SNDK) drops 14% as AI memory trade cools; valuation split widens
July 7, 2026, 6:12 AM EDT. Sandisk (SNDK) tumbled 14% in one day, snapping a 145% run-up over the last 90 days as AI-fueled memory demand shows signs of slowing. Shares ended around $1,744, just under the average analyst fair value of $1,773. Some see little undervaluation at these levels. NAND memory supply remains tight, which has helped keep up prices and cash flow. But an alternate DCF puts Sandisk’s value down at $871, hinting shares might be overpriced. Investors are split on where fair value sits, with some watching for risk of oversupply and fading AI demand. The focus now is on how Sandisk’s earnings and profitability forecasts hold up.
Sandisk (SNDK) Looks Fully Valued As AI Me…
Talpins Backs CME Group; Analysts Lift Ratings After Stock’s Drop
July 7, 2026, 6:10 AM EDT. Billionaire Jeffrey Talpins is calling CME Group Inc. NASDAQ:CME one of his top bets. The stock is down 16.3% over the past year, but analysts at Rothschild and Piper Sandler have turned more positive, pushing up their ratings and price targets as retail trading picks up and volatility stays high. CME is about to switch CEOs, but Q1 volumes jumped thanks to energy and metals market moves. Insiders have been buyers. Interest rate futures volumes remain solid. With CME controlling much of the U.S. derivatives space, some investors see it as a volatility hedge for long-term or more active trades.
CME Group Inc. (CME) Is A Top Stock To Buy…
Hyperscalers, Mag 7 Stocks Trail as AI-Fueled Market Rally Favors Niche Tech
July 7, 2026, 6:09 AM EDT.Hyperscalers-the big cloud service names-and the Magic 7 (Mag 7) tech stocks are lagging as AI mania lifts other parts of the market. Even though these names power the backbone of AI, their shares haven’t kept up. Investors are moving into smaller, more specialized tech firms tied closely to AI products and services. Analysts say it looks like the market is rotating into companies seen as more direct winners from the current AI push. The shift has changed how investors are trading tech, putting more value on targeted AI plays over the broad giants.
Why hyperscalers, Mag 7 are falling behind…
Alvopetro Energy (ALVOF) Jumps 7.4% After Output, Gas Price News
July 7, 2026, 6:08 AM EDT. Alvopetro Energy Ltd. (ALVOF) rose 7.4% to $6.47 after an update showing Q2 2026 average daily sales of 3,067 boepd and a 15% hike in its natural gas price to $11.70 per Mcf set to begin August 1, 2026. Investors reacted to stronger production and higher prices, betting on steady earnings and dividends even after a 3.8% cut to expected quarterly EPS. The company is seen posting $0.22 EPS, up 22.2% year over year, on $19.4 million revenue, a 38.5% gain. Alvopetro holds a Zacks Rank #2 (Buy), with analysts mixed but a cautious positive view.
Strength Seen in Alvopetro Energy (ALVOF):…
Victrex (LSE:VCT) jumps 15% as Q3 revenue grows, keeps full-year outlook
July 7, 2026, 6:06 AM EDT. Victrex shares shot up 15.4% to 671.40 pence after it posted an 18% increase in third-quarter revenue to £84.5 million, pushed by a 17% rise in sales volumes. Aerospace and electronics were the main drivers, and medical demand is coming back. The company held to its pre-tax profit guidance of £42-44 million for the year, and said its cost-saving push is on track for £10 million in annualised savings by 2027. Jefferies analysts said the quarter got a lift from easier comps in aerospace. Management sees some cost savings starting in the final quarter but warned of macro risks, especially around demand and energy. They said they’re still cautiously optimistic on earnings for the medium term.
Victrex shares jump as strong third-quarte…
Nasdaq Futures Slip as Samsung Slide Hits Chip Stocks; Traders Watch SPX, QQQ, SPCX, MU, SNDK, RIVN, MSFT
July 7, 2026, 6:05 AM EDT. Nasdaq futures dropped 0.9% Tuesday after Samsung Electronics shares slumped and weighed on AI chip names worldwide. S&P 500 futures were also lower, off 0.3%, with Dow futures up 0.2%. Stocktwits data shows retail investors are still bullish on S&P 500 ETF (SPY) and Nasdaq-100 ETF (QQQ). Traders are watching Space Exploration Technologies (SPCX) on its Nasdaq-100 debut, and chip memory stocks Micron (MU) and SanDisk (SNDK), both down 5% after the Samsung news. Rivian (RIVN) slid on the announcement of a $1.5 billion share sale. Microsoft (MSFT) inched up, shrugging off layoffs at Xbox. The market looks ahead to Wednesday’s Fed minutes and the start of earnings season for the next move.
Nasdaq Futures Lag After Samsung Selloff H…
Goldman Sachs (GS) Stock Trades Almost 8% Above Estimated Value as Funding Grows
July 7, 2026, 6:04 AM EDT. Goldman Sachs Group shares ended at $1,055.29, about 7.9% overvalued versus the firm’s $978.35 fair value estimate. Goldman has raised more funds lately with several fixed income deals across maturities from 2027 to 2046. Even with that, the stock jumped 3.4% in a day and delivered a 51.4% one-year total return. Asset & Wealth Management is helping push profits higher with steady fee flows and more interest in alternatives. But, the firm still faces higher compliance risks tied to geopolitics and possible rule changes that could hit trading. The 19x price-to-earnings ratio is lower than what’s seen across most of the US Capital Markets sector, so valuation is mixed.
Goldman Sachs Group (GS) Could Be 8% Overv…
FTSE 100 Holds Steady, Shell Lifts Q2 Guidance, Capita Moves to Calm Pension Fears
July 7, 2026, 6:03 AM EDT. The FTSE 100 was flat at 10,651.30 at the open. Shell LSE:SHEL raised its second-quarter trading outlook for stronger earnings, shrugging off energy market swings. Capita LSE:CPI said it’s managing Civil Service Pension Scheme operations after recent questions on service delivery. Trading was mixed-Euronext 100 opened a bit higher, DAX slipped. Commodity prices-Brent, copper, gold, natural gas-fell on OPEC+ supply views and Hormuz concerns. Sterling was mostly unchanged; Bitcoin dropped to £47,131.58. U.S. stock indexes climbed last night as traders watched for Federal Reserve signals.
Market Open: Shell Q2 Trading Update, Capi…
UBS Group names new co-heads for Swiss investment bank as stock stays over fair value at CHF41.9
July 7, 2026, 6:02 AM EDT. UBS Group SWX:UBSG put Mark Hammarskjold and Michael Maag in to lead its Swiss investment bank. The shares traded at CHF41.9, up 11.35% this month and showing a 56.12% return over the past year. UBS trades 3.3% above its CHF40.57 fair value, so the stock looks a bit overvalued. Credit Suisse integration is moving quicker than planned, and the bank sees lower costs and better profit coming. Still, new Swiss capital rules and Credit Suisse merger issues are risks for investors. UBS’s P/E ratio is 17.4x-lower than the Swiss average and below what the market considers fair, which may show wariness on the stock. Investors have to balance possible earnings growth and efficiency gains against those risks.
UBS Group (SWX:UBSG) Leadership Changes Le…
Verizon (VZ) slips despite BT deal and analyst upside call
July 7, 2026, 6:01 AM EDT. Verizon Communications (VZ) said it’s entering a 50:50 joint venture with BT Group, pooling about $4 billion a year from international enterprise. The move follows recent spectrum buys, but shares have fallen 7.27% in the last 30 days and 13.47% over 90 days. Still, Verizon’s 3-year total shareholder return is 43.95%. Analysts have a $50.50 target on the stock, above its last close at $42.07, suggesting potential upside. Verizon posted 1.83% revenue growth and has a 12.46% profit margin, with dividend payouts drawing investors. But revenue uncertainty and tough telecom competition remain concerns for the stock.
Is Verizon Communications (VZ) Below Fair …
Crinetics Spread Tightens After Vertex's $10B Cash Bid
July 7, 2026, 6:00 AM EDT.Crinetics Pharmaceuticals (CRNX) jumped almost 99% ahead of the open to $83.60, now just 1.7% below Vertex Pharmaceuticals’ (VRTX) $85 per share cash offer that values Crinetics at $10 billion. The buyout, supported by a $4.5 billion bridge loan, is set for a Q3 2026 close. Factoring in Crinetics’ $1.2 billion cash, net purchase price lands around $8.8 billion. That 1.7% deal spread puts the annualized return at 7.4% if it wraps by September 30, falling to 3.4% should it stretch to the January 2027 drop-dead date. The $350.5 million break fee, or $2.98 a share, tops the spread, suggesting the market is betting the deal gets done. The transaction needs shareholder votes, regulatory sign-off, and the Hart-Scott-Rodino review to finish.
Crinetics spread tightens after Vertex $10…
Rivian (RIVN) to Sell $1.5 Billion in New Shares, Stock Slumps After Hours
July 7, 2026, 5:59 AM EDT.Rivian Automotive said it will offer 75 million shares, about 5.5% of its outstanding stock as of June 1, at Monday’s closing price, for roughly $1.51 billion before fees. The company also raised its 2026 delivery guide by 3,000 to a new midpoint of 67,500 vehicles. Underwriters get an option to buy another 11.25 million shares, which could bring dilution up to 6.3%. Rivian plans to use the cash for general corporate purposes and equity for its Department of Energy loan. Shares fell 9% after hours, reversing an 8.1% jump earlier in the day. The company estimated preliminary Q2 revenues of $1.55-$1.65 billion, topping consensus, with cash reserves at $5.3 billion as of June 30.
Rivian’s 75 million-share sale puts focus …
Lightspeed Commerce TSX:LSPD, Colliers (TSX:CIGI) Seen as Growth Picks Backed by Insiders
July 7, 2026, 5:58 AM EDT. Some investors are looking for growth stocks where management owns a big piece of the company, betting that insiders with skin in the game will drive returns through market swings. Lightspeed Commerce TSX:LSPD runs a cloud platform for retailers and restaurants, reporting $1.23 billion in revenue on mostly U.S. software and payments. With a CA$2.07 billion market cap, Lightspeed is leaning into AI and a push for recurring revenue to attract buyers, though losses and high competition are risks. Colliers International Group (TSX:CIGI), a commercial real estate and engineering outfit, also has strong insider ownership and brought in $5.7 billion in revenue, with management experience seen as key to its growth story.
Lightspeed Stock And 2 Growth Picks With S…
Opendoor (OPEN) Trades Above Analyst Targets as Options Volume Jumps
July 7, 2026, 5:57 AM EDT. Opendoor Technologies Inc. closed up 3.88% at $5.09 on Monday, trading above a number of analysts’ target prices. Options volume hit 104,000 contracts, led by calls, showing bullish action even as demand for downside hedges stayed high. Analysts are divided and the average target sits below Monday’s close, but the trading boosted by short covering and index moves helped push shares higher. Some traders pointed to Opendoor’s spot in the Russell 3000 as a reason for the added passive interest, but there’s no sign of a shift in the business itself. The stock beat the major indexes on a session after a market holiday, and short interest is still high at 19.07% of the float.
Opendoor rally outruns analyst targets as …
UBS Says These 4 Retail Stocks Are Buys for the Next Three Months
July 7, 2026, 5:56 AM EDT. UBS quant strategists named four retail stocks as short-term buys for the next quarter. The team used their quantitative models to pick names with potential over the next three months, citing numbers on price trends and fundamentals. UBS points to ongoing market uncertainty but says their data-driven process gives investors a list to consider in a shifting retail landscape.
4 retail stocks to buy for the next 3 mont…
Singapore Firms Tap AI Demand With Tech, Power Solutions
July 7, 2026, 5:55 AM EDT. Singapore is betting on its role in AI infrastructure instead of chasing headline-grabbing frontier AI models like OpenAI. Local companies stepping up include AEM Holdings (SGX: AWX), which makes advanced test systems for AI chips and is guiding for 2025 revenue up 5% to S$399.3 million, with profit before tax seen up 51% at S$21.3 million. Sembcorp Industries (SGX: U96) now delivers about a third of the city-state’s data center energy, keeping net income level at S$984 million for the period on S$5.80 billion revenue, down 10% as business mix shifts. These moves highlight how Singapore’s industrial base is tying itself to global AI growth, focusing on power, reliability and core supply chain roles.
Beyond NVIDIA: 3 Singapore Stocks Powering…
SpaceX Lands on Nasdaq-100 as Analyst Targets Split and Volume Runs High
July 7, 2026, 5:53 AM EDT.Space Exploration Technologies Corp (SpaceX) is set to join the Nasdaq-100 index July 7, with JPMorgan saying this move should bring in around $4.3 billion in passive flows. On July 6 alone, trading in SpaceX hit over $26 billion, so index-related flows would only be about 16.5% of daily volume. Shares changed hands near $160, up 19% from the IPO but below SpaceX’s June 16 high. Price targets diverge: Morgan Stanley has a $300 bull case, Goldman Sachs is at $205, and RBC Capital Markets calls $225. The disagreement ties to what the Street expects from SpaceX, including AI infrastructure and space connectivity. With over $800 billion indexed to the Nasdaq-100, traders are watching if SpaceX can keep up the market cap surge now that initial IPO hype is cooling.
SpaceX holds up for Nasdaq-100 as index de…
Israel Gives Go-Ahead for Elta Merger with Israel Aerospace Industries Before IPO
July 7, 2026, 5:52 AM EDT. The Israeli government cleared the merger of Elta into Israel Aerospace Industries (IAI) as the defense firm preps for a large IPO. Elta, which builds radar, intelligence tech, and drones, is being folded into IAI to cut red tape and speed up workflows. IAI is looking for a NIS 100 billion valuation, with sales forecast at $7.8 billion and net profit at $415 million for 2025. The group, which has 15,000 workers, aims to list in Tel Aviv and may add a Nasdaq listing. All of Elta-assets, debts, operations-transfers to IAI. IAI Chairman Boaz Levy said the merger pulls the group together and should help serve clients worldwide, with no real shakeup planned for Elta’s staff.
Israel approves defense merger for Israel …
VanEck Debuts First AI-Run International Equity ETF in Australia on ASX
July 7, 2026, 5:51 AM EDT. VanEck is rolling out Australia’s first AI-powered international equity ETF on the ASX. The fund relies on generative reinforcement learning, where an AI system picks stocks by trial and error. It’s a new option for Australian investors interested in exposure to global shares and tech-driven strategies. VanEck is betting the AI approach will improve stock selection and could beat standard methods. This is VanEck’s push to bring AI deeper into fund management on the local market.
VanEck brings AI-powered stock selection t…
VanEck Rolls Out First AI International Equity ETF in Australia on ASX
July 7, 2026, 5:50 AM EDT. VanEck is set to launch the first AI international equity ETF in Australia on the ASX, giving investors access to a portfolio managed by generative reinforcement learning. The artificial intelligence system is designed to improve decisions with trial and error. VanEck says the ETF is aimed at picking global stocks using this AI and could boost returns by sifting through market data faster than older methods.
VanEck brings AI-powered stock selection t…
Beauty Tech Group (LSE:TBTG) Lifts 2026 Targets After H1 Beat
July 7, 2026, 5:40 AM EDT. Beauty Tech Group (LSE:TBTG) boosted its 2026 revenue and profit outlook after posting solid first-half results. The company now sees revenue topping £170 million and adjusted EBITDA at £45 million, ahead of its prior view for £161.7 million and £41.5 million. Strong global demand and a busy product pipeline are driving growth for the Cheshire-based maker of at-home LED and laser beauty devices. Gains across main markets and channels, plus investment in operations, are supporting the raised forecast in beauty tech.
Beauty Tech Group raises full-year outlook…
Porvair gains after Deutsche Bank says Buy, sets 1,050p target
July 7, 2026, 5:38 AM EDT. Porvair PLC (LSE:PRV) shares moved up almost 2% after Deutsche Bank kicked off coverage with a Buy and set a 1,050 pence target, flagging major upside. The note points to Porvair’s steady business, recurring consumables and service income, and 15% compound EPS growth for the last 15 years. Deutsche Bank looked at the company’s filtration, lab, and molten metal tech, saying tough regulations and controlled M&A back the model. The broker pointed to stable markets and margin work as drivers for more earnings growth ahead.
Porvair shares rise after Deutsche Bank st…
Capita sinks as UK holds back payments on missed contract deadlines
July 7, 2026, 5:37 AM EDT.Capita PLC shares dropped after the UK government delayed payments, saying the company failed to hit contract deadlines. The payment freeze ramps up pressure on Capita over its work on public sector deals. Investors took the move as a sign of rising tension with government clients. The share slide comes as the outsourcing group faces questions about its operations and management.
Capita shares tumble as UK withholds payme…
VanEck Rolls Out AI-Powered Global Equity ETF on ASX
July 7, 2026, 5:35 AM EDT. VanEck launched Australia’s first AI-driven international equity ETF on the ASX, giving investors access to a portfolio managed with generative reinforcement learning technology. The fund uses machine learning to pick stocks by scanning large data sets for global growth opportunities. VanEck says this tool could help improve stock selection for Australian investors using AI on the exchange.
VanEck brings AI-powered stock selection t…
ASX 200 Dips as Mining Drops, Tech Up on World Chocolate Day
July 7, 2026, 5:30 AM EDT. The ASX 200 edged down with mining stocks losing ground on softer commodity prices, taking the shine off strength in information technology. The index pulled back as traders stayed wary, keeping pressure on miners even as tech names firmed. Concerns about global raw material demand stuck with the market.
Closing Bell: Market sentiment turns bitte…
Hammer Metals (ASX: HMX) Shares Spike 23% on Copper Hopes
July 7, 2026, 5:29 AM EDT. Hammer Metals Ltd (ASX: HMX) shares surged 22.94% to AUD 0.067, closing at a 52-week high of AUD 0.070 on July 7. The move follows renewed optimism around the company’s copper and gold exploration in Queensland’s Isa Valley. As a small-cap exploration player, Hammer depends on drilling and survey results to move its share price. Demand for copper, tied to renewables and electrification, has drawn more investor interest to explorers like Hammer Metals. The new high signals better sentiment, with bulls betting on copper’s long-term outlook tied to clean energy and EV growth.
Hammer Metals (ASX: HMX) Stock Analysis: W…
Stock Futures Point Higher as Inflation Cools, Treasury Yields Ease
July 7, 2026, 5:28 AM EDT. US stock futures traded higher early Tuesday, with E-mini S&P 500 up 0.4% and Nasdaq-100 futures gaining close to 1%. Softer inflation data out of Europe and lower bond yields pushed the move. German inflation for June came in light, easing central bank rate worries. The US 10-year Treasury yield sat near 4.47%. Oil fell, hitting sectors from tech to energy and banks. Traders have eyes on 74 stocks rated low risk in this environment. Market focus is also on the coming Fed minutes and PepsiCo’s Q2 numbers.
US Stock Market Today: S&P 500 Futures Ris…
U.S. tech futures fall after Samsung report; Oil jumps as Hormuz attacks raise tension
July 7, 2026, 5:27 AM EDT.U.S. tech futures slipped early in Europe, and global AI stocks also fell after Samsung Electronics posted mixed results. Oil prices moved higher as recent attacks on ships near the Hormuz Strait hit the market, with traders watching for more geopolitical risk in energy and tech.
U.S. Tech Futures Down, Oil Prices Rise on…
Strategy Inc NASDAQ:MSTR Sells $216M in Bitcoin, Trims Holdings as BTC Slips
July 7, 2026, 5:26 AM EDT. Bitcoin stuck close to $63,086 with Strategy Inc NASDAQ:MSTR last at $100.77. The firm offloaded 3,588 BTC for $216 million, or 0.42% of what it owns, citing a need for more cash and to cover preferred-share payments. Strategy still sits on 843,775 BTC, around 4% of the coin’s total supply. This year’s $10 billion inflow into Bitcoin treasuries and ETFs marks a big drop from $60 billion in 2025, while spot Bitcoin ETFs bled $5.5 billion. Bernstein notes Bitcoin’s 54% drop off its cycle peak-less steep than earlier bears, but with caution hanging over the market. Strategy’s sale comes out to just 2.2% of this year’s net inflow as traders eye more possible sales with Bitcoin still retreating and inflows slowing.
Bitcoin investors see Strategy cash questi…
Anthropic signs $19B TeraWulf NASDAQ:WULF lease, showing AI costs ahead of IPO
July 7, 2026, 5:25 AM EDT. Anthropic has agreed to a $19 billion, 20-year lease with TeraWulf NASDAQ:WULF for 401 MW of compute power, working out to about $950 million per year. The deal puts numbers on compute infrastructure expenses for AI companies going public. At $2.37 million per MW-year, the lease sets a public bar for AI hosting prices. Anthropic is now valued at $965 billion post-money, on a 20.5x run-rate revenue multiple from $47 billion in sales. That compares with OpenAI’s $852 billion valuation and a 35.5x multiple on $24 billion in sales. TeraWulf holds a $9.4 billion market cap, much smaller than the lease itself-underscoring the demand for AI compute. The agreement shifts focus from user growth to locked-in operational costs as AI IPOs get closer.
Anthropic’s $19B TeraWulf (NASDAQ:WULF) le…
Walmart Slashes Summer Prices; Cuts Ground Beef 12%, Cherries and Soda Deeper
July 7, 2026, 5:24 AM EDT. Walmart dropped prices on thousands of summer products, with a 12% cut on 1-lb ground beef rolls now at $5.94-short of what President Trump said would be a 15% drop. The sharpest markdowns focused on cherries and soda, which delivered most of the savings this round. Lower prices come as the USDA projects a 7.5% jump in beef and veal prices by 2026. Kroger is seeing more traffic as shoppers seek out deals while inflation remains a concern. Shares of Walmart fell $1.20 to $110.65 in Thursday’s premarket, as attention shifts from the ‘beef war’ back to the chain’s wider price moves across produce, meat, and drinks.
Walmart cuts prices as suppliers, Kroger w…
Capita (CPI) Sinks After UK Holds £9.9 Million Over Pension Delays
July 7, 2026, 5:23 AM EDT. Capita shares dropped more than 15% after the UK government held back £9.9 million in payments because of missed deadlines and a large pension case backlog. Capita missed April and June targets, leaving over 120,000 cases, with 6,700 pension quotes and 4,100 bereavement cases still open. UK Paymaster General Nick Thomas-Symonds blamed the company for not delivering the AI-led improvements it promised and pointed to this as a major reason for the problems. An independent auditor has been brought in, and the government is looking into bringing the pension scheme in-house. Capita said it knows there are service issues but insists it has the right technology and processes to clear the backlog. Shares fell 13.8% to 280 pence, the biggest drop among FTSE small caps.
Capita shares tumble as UK withholds payme…
NYSE's Lynn Martin Sees IPO Momentum Picking Up, Points to Strong U.S. Economy
July 7, 2026, 5:21 AM EDT. NYSE president Lynn Martin said she’s seeing more confidence in the U.S. economy and stock market, pointing out healthy activity in sectors outside of tech. Martin flagged a pickup in IPO momentum, mentioning standout moves like SpaceX’s $1.77 trillion market debut and new filings from Anthropic and OpenAI as well as Discord and Inspire Brands. Despite some global uncertainty, more companies are moving forward with IPO plans. Martin said she’s seeing resilience in the consumer, industrial, energy, and defense sectors, and kept a positive outlook for market activity through the rest of the year.
NYSE president optimistic about forthcomin…
Luckin Coffee (OTCPK:LKNC.Y) Adds NYC Stores as Valuation Questions Linger
July 7, 2026, 5:05 AM EDT. Luckin Coffee (OTCPK:LKNC.Y) is growing its New York City footprint with more shops and self-order kiosks, plus it opened a smart roasting center in Qingdao. Shares are at $31.21, up 11.07% in seven days but still off more than 19% over the past year. The five-year gain stands at 102.53%. Analysts see fair value at $45.70, which would put the current price about 31.7% below this mark. Margin pressure from fast store growth and higher delivery costs are flagged as risks. How much the price gap closes will depend on revenue gains, margins picking up, and whether the expansion works out in the context of China’s urbanization and a growing middle class. Investors have to balance the company’s growth moves against ongoing profit doubts.
Luckin Coffee (OTCPK:LKNC.Y) Expands In Ne…
Nasdaq Futures Slip as Traders Worry About AI Stock Values
July 7, 2026, 5:04 AM EDT. Stock futures were uneven Tuesday, with Nasdaq futures down as traders questioned how much AI companies are worth. The Dow and S&P 500 futures traded cautiously, and Treasury yields got some attention. Investors kept a close eye on AI stock prices and future profit outlooks, making the tech sector the focus as the Nasdaq slid.
Stock futures mixed as Nasdaq futures slid…
Rivian Shares Drop 12.2% in First Half; $1,000 Now $877
July 7, 2026, 5:03 AM EDT. Rivian Automotive shares slid 12.2% in the first half of 2026, ending June at $17.35, down from $19.78 back on January 2. A $1,000 stake at the start of the year is now worth around $877. The stock has slumped as Rivian continues to burn cash while pouring money into production. Capex hit $372 million in Q1, up from $338 million last year, with a net loss of $416 million, less than the $541 million booked in Q1 2025. CEO RJ Scaringe pointed to the new Georgia plant, which won’t begin producing cars until 2028 and won’t be fully ramped up before 2030. Bigger moves for the stock could be a long way off.
If You Invested $1,000 in Rivian Stock to …
DAIHEN Board to Review Treasury Stock Awards, More Pressure on Valuation
July 7, 2026, 4:50 AM EDT. DAIHEN (TSE:6622) has put a board meeting on the calendar for June 24, 2026, to look at a plan using treasury shares for executive restricted stock awards that would link pay to share price. The stock last traded at ¥17,160, giving it a 28.7x P/E-well above an industry average of 14.5x and peers at 20.8x. Earnings are growing at 6.3% a year, with the latest period showing an 18% jump, but return on equity is only 9.2%. Investors are paying up on hopes for growth, but discounted cash flow estimates say the stock might be expensive. The board’s review is drawing more attention to dilution risk and how DAIHEN is handling capital after a strong run for the shares.
DAIHEN (TSE:6622) Board Review Of Stock Aw…
Big Tech, Chips Push Indexes Higher; S&P 500 at 2.5-Week Peak
July 7, 2026, 4:49 AM EDT.U.S. stock indexes climbed Monday, boosted by gains in big tech, chipmakers, and AI infrastructure stocks. The S&P 500 rose 0.72% to hit a 2.5-week high. The Dow Jones Industrial Average added 0.29%, setting a new record, and the Nasdaq 100 outpaced the rest with a 1.26% jump. June ISM services data pointed to ongoing growth and softer price pressures, giving the market more fuel. Expectations for solid Q2 earnings growth-much of it from AI spending, projected to drive about 60% of S&P 500 EPS gains-helped lift sentiment. Oil prices moved down as OPEC+ pumped more output, and U.S. 10-year Treasury yields slipped as traders saw the Fed on hold for July.
Stock Indexes Settle Higher as Big Tech an…
Goldman, Morgan Stanley Split by $1 Trillion on SpaceX IPO Value
July 7, 2026, 4:48 AM EDT. Goldman Sachs and Morgan Stanley, SpaceX’s main IPO underwriters, both started coverage with buy ratings but are more than $1 trillion apart in their valuation calls. The gap shows big banks are divided on what the space company is worth as its IPO quiet period wraps up.
SpaceX’s two lead underwriters have a $1 t…
Samsung Posts Record Q2 Profit as Shares Drop with Kospi, AI Chip Stocks Hit
July 7, 2026, 4:47 AM EDT. Samsung Electronics guided for a record Q2 operating profit at 89.4 trillion won, from 57.23 trillion won last quarter, with sales seen at 171 trillion won. Still, Samsung shares fell 6.9% and the Kospi dropped 4.9% to 7,656.31 after a rough session that triggered this year’s sixth circuit breaker. SK Hynix slid 6.1% as a wave of selling hit AI chip stocks and foreign investors pulled 2.9 trillion won. Retail buyers picked up 3.2 trillion won, with margin debt staying close to record highs, hinting at steady dip buying. Analysts said the market faced high expectations and profit-taking, with DRAM pricing and chip volatility still in play.
Samsung Electronics (KRX:005930) sets prof…
Tech Shares Drag Stock Futures Lower Even as Samsung Forecasts Profit Jump
July 7, 2026, 4:35 AM EDT. S&P 500 futures dropped 0.2% and Nasdaq 100 futures were off 0.8% before Tuesday’s open, with investors pulling back from tech stocks. Dow futures showed a small gain, up 0.1% or 48 points. Samsung Electronics said it expects a strong profit increase, but U.S. tech names didn’t move higher. Traders kept an eye on Micron, Nvidia, and SpaceX with sentiment still mixed.
Stock Market Today: S&P 500, Nasdaq Set to…
Australian shares lose half their value in four-year slump
July 7, 2026, 4:34 AM EDT. Australia’s share market has shed half its wealth over the past four years, according to an end-of-financial-year note from JPMorgan strategist Jason Steed. The persistent run of losses stands out from earlier market patterns and has put pressure on investors and the financial services industry. Steed noted the trouble stretches well beyond a single tough year, instead pointing to a long period of weak returns that’s hitting both market confidence and equity investment performance.
Half the wealth, four years of pain: Austr…
SBI Funds Management Taps ADIA, GIC for $1.2 Billion IPO
July 7, 2026, 4:33 AM EDT. SBI Funds Management plans to raise $1.2 billion in an IPO, sources said, with Abu Dhabi Investment Authority (ADIA) and Singapore’s GIC among the anchor investors. India’s biggest asset manager is drawing in big sovereign money as global funds show rising interest in the country’s asset management space.
India's largest asset manager draws top so…
SBI Funds IPO Draws ADIA, GIC Ahead of India’s Largest $1.2B Listing Since Early 2026
July 7, 2026, 4:32 AM EDT. SBI Funds Management is launching a $1.2 billion IPO next week, and big sovereign wealth funds like Abu Dhabi Investment Authority and Singapore’s GIC are among the large players keen to invest. The State Bank of India and Amundi joint venture oversees $131.1 billion in assets and aims for a valuation near $12.3 billion. It’s set to be the largest Indian IPO since early 2026, with other big names like Reliance Jio and National Stock Exchange lined up for later this year. Institutions are piling in, while half the issue is set aside for individual buyers. That’s despite some recent worries around market sentiment tied to geopolitical risks.
India's largest asset manager draws top so…
Keller Group jumps 16% after upbeat trading update, brokers lift targets
July 7, 2026, 4:31 AM EDT. Keller Group PLC shares shot up 16% to 3,108 pence after the company said profits will beat forecasts. The ground engineering firm’s outlook put a charge under the stock, and several brokers raised their price targets. Keller’s update got a strong response from investors after it flagged resilience and cost control in a shaky market. The firm pointed to solid demand for its services and said earnings are running ahead of previous estimates.
Keller shares jump 16% after upbeat tradin…
Blackstone (BX) Seen Trading Below Fair Value After Russell Value Index Moves
July 7, 2026, 4:20 AM EDT. Blackstone (BX) picked up investor attention after it landed in both the Russell 1000 Value and Russell Top 200 Value indices. Shares are still down 22.3% for the year, but jumped 7.4% last week. Consensus puts Blackstone’s fair value at $143.45, about 14% higher than Monday’s close at $123.42. Blackstone is sitting on $177 billion in dry powder for new investments as markets stay choppy. The group has deals with Wellington and Vanguard to expand public-private channels. Some risks in focus: higher construction costs if tariffs go up and weak spots in real estate markets. The P/E is 31.7 – under the US Capital Markets average, but still above peers, showing caution among investors.
Blackstone (BX) Could Be 14% Undervalued A…
Intel (INTC) Splits Wall Street on Valuation as Shares Ride AI Hype, 18A Progress
July 7, 2026, 4:19 AM EDT. Intel (INTC) is up more than 210% this year with bulls citing AI infrastructure, foundry growth, and headway on 18A manufacturing. Some analysts are calling the stock undervalued, putting fair value at $500.93 thanks to margin and growth targets. But a DCF model from Simply Wall St lands much lower-$64.12-pointing to possible overvaluation. The split shows how hopes for Intel’s AI and foundry story clash with risks on competition and profits. Shares at $122.20 show strong optimism but also stir doubts that AI upside is already baked in.
Intel (INTC) Following 18A Progress And AI…
BSE, MCX trade lower after Jefferies warns on NSE listing risk
July 7, 2026, 4:18 AM EDT. BSE and MCX shares were down as much as 5% after Jefferies said in a note that a potential NSE listing could hurt their market position. The broker pointed to NSE’s big piece of market share, several revenue streams, and push into commodities trading. Pressure is building for BSE and MCX as competition heats up in Indian exchanges.
BSE, MCX Shares Tumble Up To 5% As Jefferi…
Jefferies: NSE IPO to Complete Exchange Listings, Signals Shift in India Market
July 7, 2026, 4:16 AM EDT. Jefferies said the National Stock Exchange’s planned IPO would round out listings for India’s main exchanges. NSE controls more than 90% share in equity cash, options, futures, bonds, and currency derivatives, which shows India’s options-heavy market structure. The firm kept an EBITDA margin of 76-77% for FY25 and FY26 even with regulatory headwinds. NSE also posts solid cash flow, low capex, and steady dividend payouts. Jefferies pointed to a strong balance sheet and stable core earnings, calling the IPO a key event for the country’s exchanges.
Stock Market Today: Live Updates 07.07.202…
S&P 500, Nasdaq Slip in Premarket While Dow Futures Tick Up
July 7, 2026, 4:15 AM EDT. The S&P 500 and Nasdaq traded lower before the bell, putting a halt to the latest chip stock run. Dow futures moved higher, pointing to a stronger open. Big chip names like Micron, Nvidia, Broadcom, and Intel are moving sentiment as traders look again at where the sector stands.
Stock Market Today: S&P 500, Nasdaq Set to…
NSE IPO Would Round Out India's Listed Exchange Trio, Jefferies Says
July 7, 2026, 4:00 AM EDT. Jefferies says the National Stock Exchange’s (NSE) planned IPO would complete the trio of listed Indian exchanges. NSE has a market share of more than 90% in several areas and brings in revenue from technology products and commodities. The exchange saw its operating EBITDA margin hold at 76-77%, even with some regulatory effects in FY25 and FY26. NSE leads in equity cash, options, futures, bonds, and currency derivatives, as India moves toward an options-driven market. The company generates strong cash flow, keeps capex down, and pays high dividends. Jefferies points to a strong balance sheet and consistent core earnings even as regulation weighs, calling the IPO a key event for India’s market structure.
NSE IPO to complete India's listed exchang…
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