Today: 7 July 2026
Dow Jones today: Dow closes above 53,000 as narrow chip-led rally beats weak breadth
6 July 2026

Dow Jones today: Dow closes above 53,000 as narrow chip-led rally beats weak breadth

The Dow Jones Industrial Average closed above 53,000 for the first time on Monday, a record finish that looked stronger in the index than it did under the tape. The Dow ended at 53,056.80, up 156.73 points, or 0.30%, after a 52,648.69-to-53,060.10 range. The S&P 500 closed at 7,537.48, up 54.24 points, or 0.72%; the Nasdaq Composite rose 1.12%. The useful number was not just 53,000. It was 408.11 points, the Dow’s rebound from its session low to the close. Earlier, the Dow had been down 251 points, and only 12 of its 30 stocks were rising, according to Dow Jones Market Data cited by MarketWatch. S&P 500 decliners outnumbered advancers by 1.3-to-1 in Reuters’ midday market update.
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Nebius Group (NASDAQ:NBIS) bounce keeps AI-cloud stock trading in tight range

Nebius Group (NASDAQ:NBIS) bounce keeps AI-cloud stock trading in tight range

6 July 2026
Nebius Group N.V. rose Monday. Investors watched the spread between shares at $219.05 and recent insider tax-sale filings posted at $235.45. The average Google Finance target is showing $237.38. Shares traded up 1.6% at 12:52 p.m. EDT, volume near 9.7 million. CoreWeave, seen as the closest public peer in the AI cloud infrastructure space, was up 6.5%. Meta Platforms added 1.6%. Microsoft slipped 1.4%.
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Broadcom shares jump on OpenAI move, margin outlook still in focus for AVGO

Broadcom (NASDAQ:AVGO) climbs after Apple (NASDAQ:AAPL) supply deal eases 2031 revenue risk

Broadcom Inc. traded higher in premarket on Monday after saying it will extend its chip partnership with Apple Inc. through 2031. The new deal makes Broadcom more of a long-term supplier to Apple, aiming at contract length instead of just another AI-chip move. Broadcom will supply a range of custom chips to Apple, which makes up around 20% of Broadcom’s yearly sales, analysts told Reuters. Broadcom was trading at $373.94 in MarketWatch’s delayed quote at 8:45 a.m. EDT, up $13.49 from its $360.45 close. With 4.76 billion shares on the table, that premarket move works out to nearly $64 billion in market cap added before the open.
6 July 2026
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Oracle (NYSE:ORCL) stock looks for footing after AI backlog tops market value

Oracle (NYSE:ORCL) stock looks for footing after AI backlog tops market value

Oracle Corporation shares looked ready to bounce in premarket trading on Monday. Still, the main question for investors is whether Wall Street will keep backing a company with a backlog much bigger than its market cap. The New York Stock Exchange says Friday, July 3, will be its Independence Day holiday in 2026. Trading will resume Monday. Oracle finished the last session at $140.27, down 1.56%. Investing.com quoted Oracle at $143.93 premarket at 08:52:54, up 2.61%.
6 July 2026
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Rocket Lab (NASDAQ:RKLB) holds near deal collar as Iridium agreement in focus on Nasdaq open

Rocket Lab (NASDAQ:RKLB) holds near deal collar as Iridium agreement in focus on Nasdaq open

Rocket Lab Corporation traded higher in premarket Monday, but Iridium Communications Inc. gave a stronger read for deal watchers: IRDM was at $53.75, just under the $54 per share cash-and-stock offer, while Rocket Lab last changed hands at $100.46. These premarket quotes hit before Nasdaq’s regular session, after Friday’s market close for July 4th. S&P 500 futures were up 0.4% and Nasdaq 100 futures gained 1.1% as of 7:24 a.m. ET, Reuters said. That gave a firmer start for Rocket Lab on its first full session after the holiday.
6 July 2026
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Rivian stock eyes second-half delivery as R2 hype fades

Rivian stock eyes second-half delivery as R2 hype fades

Rivian Automotive, Inc. goes into the U.S. open Monday still showing gains from last week’s delivery numbers. The bigger question now isn’t the Q2 beat. It’s whether Rivian can push its second-half run rate up to match the new forecast. U.S. markets were still closed when this was filed. The NYSE was set to open at 9:30 a.m. ET after being shut for Independence Day on Friday, July 3. As of the last pricing, Rivian was quoted at $18.63 and valued at around $23.3 billion.
6 July 2026
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Ondas Inc. (NASDAQ:ONDS) heads into shortened week after 315 million shares trade

Ondas stock faces test as defense orders top resale shares

Ondas Inc. was active ahead of Monday’s bell, with order flow picking up even as shares showed signs of crowding. The stock was indicated at $7.60 as of 7:00 a.m. ET, a 2.6% gain from the last close. That follows a 6.4% drop to $7.41 on July 2. U.S. index futures traded higher premarket, led by tech, Reuters said. Nasdaq was closed Friday, July 3, for the Independence Day holiday. Regular trading is 9:30 a.m. to 4:00 p.m. ET on normal days, with premarket hours from 4:00 a.m. to 9:30 a.m. ET.
6 July 2026
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IREN stock edges back from lows as $700M grant call nears

IREN stock edges back from lows as $700M grant call nears

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6 July 2026
IREN Limited shares looked set to open higher on Monday, but traders will be watching the $706.5 million mark-to-market value of a co-CEO stock grant. The grant came as IREN joined the Russell 1000 in its first week. IREN announced its inclusion in the index on June 29 and filed details of the executive award on July 1. Nasdaq’s pre-market trading is open from 4:00 a.m. to 9:30 a.m. ET, and regular trading hours are from 9:30 a.m. to 4:00 p.m. ET. The exchange was closed July 3 for Independence Day. Early Thursday, Google Finance showed IREN at $41.06 premarket, up 5.78% from the prior close of $38.82 on July 2.
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AMD (NASDAQ:AMD) edges lower as market looks at $1 trillion CPU potential

AMD stock rebound weighs on AI premium after Nvidia delay chatter

Advanced Micro Devices Inc. traded at $530.64 in premarket at 04:46 ET, showing a 2.47% uptick from its $517.82 close in the last session, per Investing.com. The stock had dropped 4.26% in regular hours. The premarket rebound clawed back $12.82 of a $23.06 slide, or about 56%, but AMD was still $10.24 below its previous close using this calculation. The cash market hadn’t opened yet. For 2026, NYSE’s official calendar shows Friday, July 3 as the Independence Day holiday. Regular trading is scheduled for 9:30 a.m. to 4:00 p.m. ET.
6 July 2026
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Recursion Pharmaceuticals (NASDAQ:RXRX) beats out biotech funds as filings, spending become focus

Recursion Pharmaceuticals (NASDAQ:RXRX) beats out biotech funds as filings, spending become focus

Recursion Pharmaceuticals, Inc. is outpacing the key biotech ETFs this week ahead of the July 6 reopen. The bigger move came on volume. Shares changed hands 114.1 million times in four sessions. That’s already more than the whole previous week. Investors are looking at Recursion’s big cash pile with no new clinical updates coming for months. U.S. stock markets didn’t open July 3 for the Independence Day holiday, leaving the most recent session on July 2. RXRX ended Thursday at $3.80, up 3.54%, trading 32.5 million shares. Broader markets showed a split: the SPDR S&P 500 ETF Trust dipped 0.13%, but biotech ETFs moved higher.
6 July 2026
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CoreWeave (NASDAQ:CRWV) falls as Nasdaq-100 spot faces pressure, Meta cloud worries weigh on AI pricing

CoreWeave (NASDAQ:CRWV) falls as Nasdaq-100 spot faces pressure, Meta cloud worries weigh on AI pricing

CoreWeave heads into Monday with something different than the usual AI stock issues. The Nasdaq closed Friday for the Independence Day holiday, so Thursday’s finish is the latest print: $81.75 a share, off 4.6% for the day, down 15.4% from the previous Friday. Stocks gained in a four-day week, with the Dow, S&P 500, and Nasdaq Composite all up. CoreWeave dropped sharply on high volume.
6 July 2026
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Oracle (NYSE:ORCL) shares slump as AI backlog now tops company’s market cap

Oracle (NYSE:ORCL) shares slump as AI backlog now tops company’s market cap

Oracle Corporation goes into the July 6 restart facing an unusual challenge for the market—its cloud order backlog is bigger than the company’s equity value. Shares finished at $140.27 on July 2. That put Oracle’s market cap at roughly $408.5 billion. At the end of its fiscal fourth quarter, Oracle showed $638 billion in RPO. So the market cap is about 0.64 times the reported backlog. U.S. stock markets were closed on Friday, with the NYSE observing the Independence Day holiday on July 3. Regular trading hours are 9:30 a.m. to 4 p.m. ET on standard sessions. For Oracle, the last normal cash close before the break came on July 2.
5 July 2026
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Keel Infrastructure drop brings June convert terms back ahead of Nasdaq open

Keel Infrastructure stock set for Monday after Nasdaq drops, TSX moves higher

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5 July 2026
Keel Infrastructure Corp. starts Monday’s U.S. trade with mixed moves. KEEL saw a tough Nasdaq finish before the break, but picked up slightly in Toronto after. Nasdaq was closed July 3 for the Independence Day holiday. Toronto’s exchange stayed open, letting KEEL shares trade there Friday. TradingView pegged KEEL at $4.59, off 27.60% for the week. StockAnalysis listed the TSX at C$6.54 on July 3. AP data had the Nasdaq Composite up 2.1% this week and the Russell 2000 down 0.5%.
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Plug Power (NASDAQ:PLUG) shares swing as shorts, cash take focus before Denmark project

Plug Power (NASDAQ:PLUG) shares swing as shorts, cash take focus before Denmark project

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5 July 2026
Plug Power Inc. closed at $2.64 ahead of the U.S. holiday, giving the hydrogen fuel-cell and electrolyzer company a market cap around $3.67 billion. With the Nasdaq and NYSE both closed Friday for the Independence Day holiday, Thursday’s close is still the last available read on PLUG ahead of Monday’s open. Churn was the main signal last week, not direction. Plug moved 209.2 million shares in four sessions, which is about a normal four-day run, but shares gained just 10 cents over the previous Friday. Volume was about 62% of the short interest from the most recent update.
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Ondas (NASDAQ:ONDS) heads into Monday after 315M shares trade, short interest about a third of float

Ondas (NASDAQ:ONDS) heads into Monday after 315M shares trade, short interest about a third of float

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5 July 2026
Ondas Inc. heads into Monday facing bigger flow problems than last week’s resale filing. Shares fell 5.36% in the past five days, while weekly volume hit 315.5 million shares during the holiday-shortened period. That’s nearly 1.9 times its latest short interest and around 60% of outstanding shares. Investors aren’t just watching the drone-defense news—the stock is trading like a packed book. Nasdaq stayed shut on Friday, July 3, for Independence Day observed. Trading is set to start again Monday, with usual hours from 9:30 a.m. to 4 p.m. ET.
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AT&T sinks for fourth straight day, yield spikes as SpaceX worry hits shares

AT&T sinks for fourth straight day, yield spikes as SpaceX worry hits shares

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5 July 2026
AT&T Inc. starts the week cut down by sharper investor worries. The stock dropped hard and traded on heavy volume. Shares finished Thursday at $20.58, off 9.4% since June 26. That’s just $0.69 above the week’s low of $19.89, which hit a new 52-week bottom for the stock in some data screens. Rough day, solid week for stocks. S&P 500 climbed 1.8% this week, Dow up 2.0%, Nasdaq up 2.1% despite Thursday’s chip selloff, AP reported.
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Latest

T1 Energy (NYSE:TE) shares stick below $11.50 as warrant expiration nears

T1 Energy (NYSE:TE) shares stick below $11.50 as warrant expiration nears

T1 Energy Inc. closed at $8.65 on Monday, up 1.0%. But the main focus is the gap to the $11.50 warrant strike. Shares have to jump 32.9% from here to hit the exercise price before warrants expire this Thursday. T1 said in a June 29 filing it had around 14.8 million public warrants and 9.8 million private warrants outstanding at March 31. The public warrants are set to stop trading on the New York Stock Exchange before the open on July 9. T1’s common stock keeps trading under TE.
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07 Jul
Microsoft heads into post-holiday stretch with AI in focus

Microsoft (NASDAQ:MSFT) dips as AI spending fears weigh, Xbox job cuts fade

U.S. stocks traded in a standard session Monday coming off Nasdaq’s July 3 holiday break. At press time, Microsoft Corporation was moving in the after-hours slot, which Nasdaq shows as running 16:00 to 20:00 ET. Microsoft ended at $386.74, off $3.64 from its previous finish. QQQ was up 1.36% and SPDR S&P 500 ETF Trust added 0.84%. Microsoft lagged QQQ by roughly 2.3 percentage points, falling as the broader tech index moved higher.
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07 Jul
Bank of America (NYSE:BAC) hits record, trims Street target gap ahead of Q2

Bank of America (NYSE:BAC) hits record, trims Street target gap ahead of Q2

Bank of America Corporation set a new all-time high on Monday, though the price is now roughly in line with where many analysts have their targets. Shares finished at $59.90, up 1.99%, after hitting an intraday high of $59.95. Trading came after the New York Stock Exchange’s July 3 Independence Day closure. Bank of America now sits less than 9% off the average target price listed by MarketScreener, even with several new target hikes reported earlier. MarketScreener puts the mean target at $64.74 from 24 analysts, which means 8.08% upside from the last close.
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07 Jul
Credo shares surge, AI cable outlook grows, but little room left for error

Credo shares surge, AI cable outlook grows, but little room left for error

Credo Technology Group Holding Ltd jumped 9.8% to $265.55 on Monday, leading gains in the Philadelphia Semiconductor Index, which added 2.2%. William Blair’s Sebastien Naji, who rates the stock at buy, said it’s his “highest conviction semiconductor stock for the next six months,” according to Investor’s Business Daily. CRDO has climbed about 85% this year. CRDO finished the session at $265.55 on Nasdaq and traded at $266.01 after hours, according to WSJ/FactSet. That’s just below the average Street target at $280.14 and the median at $275. CRDO touched $280.50 during the day, a tick above the average target by 0.1%.
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07 Jul
Robinhood (NASDAQ:HOOD) shares rise after June trading pace tops May

Robinhood (NASDAQ:HOOD) shares rise after June trading pace tops May

Robinhood Markets, Inc. climbed 4.3% to $117.55 late Monday, with shares trading at the high end of their $111.18 to $118.61 range. That move topped Coinbase Global, Inc., which added 2.0%. Invesco QQQ Trust was up 1.4% and SPDR S&P 500 ETF Trust gained 0.8%. Bitcoin was up 2.1%. Nasdaq's regular trading hours are 9:30 a.m. to 4:00 p.m. ET, with after-hours till 8:00 p.m. ET. The New York timestamp comes after the regular session. The exchange was closed July 3 for Independence Day.
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07 Jul
Lucid shares jump as company taps $800 million loan from PIF after missing Q2 deliveries

Lucid shares jump as company taps $800 million loan from PIF after missing Q2 deliveries

Lucid Group, Inc. popped Monday in its first full U.S. session since the company missed Q2 deliveries. But a debt filing later that day brought the balance sheet back into focus for the stock. Luxury EV maker Lucid ended the regular session up 9.54% at $6.66 on Nasdaq. After hours, MarketWatch had the shares at $6.63, off 0.45%. Nasdaq was closed July 3 for the Independence Day holiday, so Monday marked the first standard session following Lucid's July 2 update on deliveries and management.
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07 Jul
Cipher Digital stock rebound meets short-cover test as AI data-center forecasts stay wide

Cipher Digital stock rebound meets short-cover test as AI data-center forecasts stay wide

Cipher Digital Inc. bounced on Monday, but the sharper investor read was not the 8.4% gain. It was the mix of heavy volume, a large short base and a still-wide forecast spread. The stock ended at $21.73 after trading from $20.54 to $22.58. Volume was 28.30 million shares, about 14% above the 24.85 million average volume shown by Google Finance. Benzinga reported short interest rose to 54.50 million shares from 52.53 million in the prior reporting period, equal to 16.26% of float. At Monday’s volume, that short count equaled 1.9 sessions of trading, versus 2.19 days when measured by recent average volume. That is not proof of covering. It shows why CIFR can move fast when buyers return.
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07 Jul
Mountain Mike’s franchisee in Medford files for bankruptcy as debt pressures grow

Mountain Mike’s franchisee in Medford files for bankruptcy as debt pressures grow

MEDFORD, Oregon, July 6, 2026, 15:07 PDT Rogue Fare LLC, which runs five Mountain Mike’s Pizza outlets in southern Oregon, filed for Chapter 11 bankruptcy on July 1. The Medford company listed debts, putting a number to a chunk of the pizza business that isn’t public but still matters to lenders, vendors, and public competitors. Rogue Fare’s stores are in Klamath Falls, Grants Pass, Roseburg and two Medford spots, according to court papers and state records cited in reports.
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07 Jul
Meta Platforms (NASDAQ:META) stock beats Nasdaq as AI cash-flow forecast tightens

Meta Platforms (NASDAQ:META) stock beats Nasdaq as AI cash-flow forecast tightens

Meta Platforms Inc ended Monday up 2.98% at $600.29, outpacing the Nasdaq Composite’s 1.12% gain and the S&P 500’s 0.72% rise. The stock traded between $581.76 and $603.58, with volume of about 17.06 million shares, close to its 65-day average. The cleaner investor read is not the one-day bounce. It is the gap between Meta’s earnings multiple and the cash cost of its AI build. MarketScreener consensus data show Meta’s capex rising to about $133.4 billion in 2026 from $69.7 billion in 2025, while free cash flow is forecast to slip to a small negative number before recovering in 2027.
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06 Jul
Reddit stock bounce puts focus on analyst targets heading into Q2

Reddit stock bounce puts focus on analyst targets heading into Q2

Reddit, Inc. climbed roughly 3% Monday as U.S. markets reopened following the July 3 holiday break. Shares outperformed the Nasdaq Composite. But with this move, Reddit’s median Wall Street price target is close. The stock was last seen at $200.86. It swung in a $11.85 range during the day, about 6% of the previous close. Shares closed 3.2% off the session high. This doesn’t look like a clean breakaway move. The stock is getting marked up ahead of a Q2 check-in.
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06 Jul
Walmart (NASDAQ:WMT) stock slips as price-cut claim tests $140 forecast gap

Walmart (NASDAQ:WMT) stock slips as price-cut claim tests $140 forecast gap

Walmart Inc fell 1.06% to $110.65 on Monday, then traded at $110.23 after hours at 5:01 p.m. EDT, down 0.38% from the close. Volume ran at 28.88 million shares, 136% of its 65-day average, and the stock stayed below its 52-week high of $135.16. The S&P 500 rose 0.7%, the Nasdaq Composite gained 1.1%, and the Dow added 155.84 points to 53,055.91. The stock was already weak before a Reuters report after the bell that President Donald Trump said Walmart had agreed to lower prices on many products after an administration request tied to the country’s 250th anniversary. Trump said Walmart would cut the price of a pound of ground beef by “almost” 15%.
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06 Jul
Super Micro (SMCI) trails AI hardware peers, June share price in focus

Super Micro (SMCI) trails AI hardware peers, June share price in focus

U.S. markets reopened after the July 3 Nasdaq break for Independence Day. By the end of the regular Nasdaq session, Super Micro Computer, Inc. was little changed in late trading, while other AI hardware names ticked higher. Nasdaq’s standard hours run 9:30 a.m. to 4:00 p.m. ET, and after-hours go through 8:00 p.m. ET. Markets saw a clear split. Super Micro traded at $27.19, off about 0.1%. Dell Technologies Inc added 4.4% and Hewlett Packard Enterprise Co was up 4.6%. The Invesco QQQ Trust was ahead 1.4%. The iShares Semiconductor ETF put on 2.6%. Nvidia Corp edged up 0.3%, while Advanced Micro Devices Inc jumped 6.6%.
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06 Jul
Snap Inc. (NYSE:SNAP) trades behind Nasdaq while options signal more volatility before Q2

Snap Inc. (NYSE:SNAP) trades behind Nasdaq while options signal more volatility before Q2

As of 17:01 EDT, regular trading on the NYSE had ended and after-hours action had started. NYSE says core hours run 9:30 a.m. to 4:00 p.m. ET, with late trading from 4:00 p.m. to 8:00 p.m. ET. The exchange closed for Independence Day on Friday, July 3, not Monday. Snap Inc. slipped 1.9% to $4.75 on Monday, handing back some gains from the past five days. Most big technology and social-media stocks traded higher. MarketWatch said Snap remains up 7.0% in the last five sessions, but shares are off 41.1% so far this year. The stock has traded between $3.81 and $10.41 over the last 52 weeks.
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06 Jul
ZIM falls as Hapag-Lloyd merger spread widens on Israel veto risk

ZIM falls as Hapag-Lloyd merger spread widens on Israel veto risk

ZIM Integrated Shipping Services Ltd. dropped sharply Monday after Israel’s Defense Ministry came out against the planned takeover by Hapag-Lloyd AG. Shares stayed far under the agreed buyout price, while container freight indexes gained. ZIM finished at $23.70, off $1.87, or 7.31%. Shares changed hands between $23.29 and $24.45. Volume came in at 4.52 million, running well above its 65-day average—more than triple.
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06 Jul
SoundHound AI (NASDAQ:SOUN) call activity spikes with shares testing $7 floor

SoundHound AI (NASDAQ:SOUN) call activity spikes with shares testing $7 floor

SoundHound AI, Inc. jumped 6.26% to finish at $6.96 Monday. Volume hit 28.69 million shares, sitting a bit above its 65-day average. That move outpaced late-session gains in Invesco QQQ Trust and iShares Russell 2000 ETF, up 1.7% and 0.6% before the close. Trading resumed after Nasdaq’s July 3 Independence Day holiday. $7 is the key level here. On July 2, SoundHound said in a filing that the LivePerson, Inc. stock component will use a 10-day Nasdaq VWAP ending three trading days before close. But there’s a floor at $7 on SoundHound’s stock in the formula, and a cap at $12.
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06 Jul
BONK governance attack exposes meme-coin rally’s liquidity gap as HMSTR churns, PEPE holds

BONK governance attack exposes meme-coin rally’s liquidity gap as HMSTR churns, PEPE holds

Meme-coin traders spent the weekend chasing a fresh bounce in Bonk, Pepe and Hamster Kombat. By Monday evening in Europe, the better trade read was not which token pumped most. It was which move had real liquidity behind it, and which one could break first. BONK was the cleanest stress test. KuCoin’s syndicated AMBCrypto item said traders were looking for a 21% to 46% BONK bounce, with volume up 152% and open interest up 33.9%, while the token was testing supply near $0.000005 and targets of $0.0000061 to $0.0000073. Hours later, CryptoBriefing reported that BonkDAO had been hit by a malicious governance proposal that drained an estimated $20 million in BONK from its treasury.
06 Jul
Dow Jones today: Dow closes above 53,000 as narrow chip-led rally beats weak breadth

Dow Jones today: Dow closes above 53,000 as narrow chip-led rally beats weak breadth

The Dow Jones Industrial Average closed above 53,000 for the first time on Monday, a record finish that looked stronger in the index than it did under the tape. The Dow ended at 53,056.80, up 156.73 points, or 0.30%, after a 52,648.69-to-53,060.10 range. The S&P 500 closed at 7,537.48, up 54.24 points, or 0.72%; the Nasdaq Composite rose 1.12%. The useful number was not just 53,000. It was 408.11 points, the Dow’s rebound from its session low to the close. Earlier, the Dow had been down 251 points, and only 12 of its 30 stocks were rising, according to Dow Jones Market Data cited by MarketWatch. S&P 500 decliners outnumbered advancers by 1.3-to-1 in Reuters’ midday market update.
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06 Jul
US stocks end higher, most stocks trail AI gains

US stocks end higher, most stocks trail AI gains

U.S. stocks pushed higher Monday, driven mostly by a narrow set of AI and chip stocks. The S&P 500 closed at 7,537.48 for a 0.72% gain. The Dow Jones Industrial Average ended up 0.30% at 53,056.80. Nasdaq Composite finished at 26,131.63, rising 1.16%, according to Yahoo Finance data. Stocks traded in a typical Monday session after U.S. markets closed for the July 4 holiday on Friday. The NYSE 2026 calendar shows July 3 as the observed day off. Regular trading ended with the 4 p.m. ET closing auction.
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06 Jul
PANW climbs past forecasts on valuation, with TASE index demand capped

PANW climbs past forecasts on valuation, with TASE index demand capped

Palo Alto Networks climbed Monday to a fresh record high. Investors are eyeing more than AI security growth here. Valuation vs. outlook is a factor, and the reported Israeli index flows might end up lighter in August than the headline number. Nasdaq was open at the time. The exchange’s calendar lists July 3, 2026, as a closure for observed Independence Day. Standard trading hours for the Nasdaq Stock Market are 9:30 a.m. to 4 p.m. ET.
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06 Jul
Recursion Pharmaceuticals (NASDAQ:RXRX) stock gains as short interest and Russell flows hit AI-biotech rally

Recursion Pharmaceuticals (NASDAQ:RXRX) stock gains as short interest and Russell flows hit AI-biotech rally

Nasdaq traded normally at the dateline after being shut July 3 for the Independence Day holiday. Recursion Pharmaceuticals, Inc. rose 4.7% to $3.98 in the latest quote, adding about $95 million in market cap at that price. The stock traded between $4.09 and $3.66. Volume reached 26.7 million shares, topping the 22.42 million average listed on Google Finance.
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06 Jul
Fed’s Waller flags July hike as inflation dots rise

Fed’s Waller flags July hike as inflation dots rise

Federal Reserve Governor Christopher Waller told investors on Monday that inflation is now the main policy concern for the U.S. central bank, shifting focus away from jobs and putting more attention on the July meeting. Waller told a Bank of Italy event in Rome the Fed’s risks have “completely flipped around” from a year ago. The labor market “seems to be stabilizing,” he said, but inflation is up. Waller didn’t give a specific proposal on rates.
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06 Jul
Cal-Maine’s settlement dwarfed by $1.4 billion in higher egg sales

Cal-Maine’s settlement dwarfed by $1.4 billion in higher egg sales

Cal-Maine Foods gained 0.9% to $84.59 Monday afternoon as traders seemed to shrug off the sticker shock from the U.S. egg-pricing settlement. Shares changed hands at 5.9 times trailing earnings, suggesting the market still sees Cal-Maine as a cyclical name instead of a company weighed down by a big cash hit. Cal-Maine’s payout is minor. The company is set to pay $1.5 million to several states and give away 30 million eggs. For reference, Cal-Maine Foods reported $1.220 billion in net income in fiscal 2025, its annual report shows. That same report notes conventional egg sales climbed by $1.5 billion from fiscal 2024, with higher prices making up $1.4 billion of that jump. Volume brought in another $114 million.
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06 Jul
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