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Stock Market 7 July 2026

Student loan reset pushes risk to servicers, private lenders after SAVE notices

Student loan reset pushes risk to servicers, private lenders after SAVE notices

Forced moves off the Saving on a Valuable Education repayment plan are dividing risk and opportunity in U.S. student credit. Federal loan servicers now face the first wave of extra admin work, while private lenders could see more demand from grad borrowers who hit federal loan caps. The Education Department said servicers started sending out notices July 1, giving SAVE plan borrowers 90 days to pick a new plan or be put on the Standard or new Tiered Standard plans if they don’t respond.
7 July 2026
Allegiant (NASDAQ:ALGT) heads into loyalty test against Sun Country (NASDAQ:SNCY) after $1.5 billion deal

Allegiant (NASDAQ:ALGT) heads into loyalty test against Sun Country (NASDAQ:SNCY) after $1.5 billion deal

Allegiant has shifted focus to holding onto Sun Country customers at Minneapolis-St. Paul after closing its acquisition. The investment idea now is less about slashing overlap and more about keeping Sun Country passengers as the companies navigate a lengthy system split. The merger wrapped up on May 13, following regulatory and shareholder sign-off, and Sun Country shares stopped trading at the close.
Apple (NASDAQ:AAPL) foldable iPhone seen in short supply, not mass rollout

Apple (NASDAQ:AAPL) foldable iPhone seen in short supply, not mass rollout

Apple Inc. is offering what analysts call a scarcity trade with its first foldable iPhone. The phone could sell for more than twice the price of a Pro model, but with shipping volumes too low to have much near-term impact on Apple’s top line. That setup is intentional. Ming-Chi Kuo at TF International Securities said foldable iPhone shipments might come in at just 0.5 million to 1 million units in the third quarter, compared to 20 million to 22 million units for the iPhone 18 Pro and Pro Max. With a launch price between $2,300 and $2,500, that adds up to $1.15 billion to $2.5 billion in possible retail sales for the quarter.
Nasdaq futures weaker vs. Dow as chip shares slip ahead of Fed minutes

Nasdaq futures weaker vs. Dow as chip shares slip ahead of Fed minutes

U.S. stock futures were mixed early Tuesday, with Nasdaq contracts falling and the Dow and Russell futures higher. Around 5:50 a.m. EDT, Dow Jones E-minis gained 122 points, or 0.23%. S&P 500 E-minis slipped 10.75 points, or 0.14%, while Nasdaq 100 E-minis lost 311.25 points, or 1.04%. Russell 2000 futures added 4.6 points, or 0.15%.
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AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

Xylem

NYSE: XYL 95 / 100
#2 BUY

AerCap

NYSE: AER 93 / 100
#3 BUY ON WEAKNESS

Visa

NYSE: V 90 / 100
#4 TACTICAL BUY

Chevron

NYSE: CVX 87 / 100
#5 ACCUMULATE

UPS

NYSE: UPS 84 / 100
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Editorial model selection. Not personalised advice.