GPC Jumps 12.9% as O'Reilly Looks to Buy Auto Unit, Market Eyes Industrial Shift
July 3, 2026, 5:13 AM EDT. Genuine Parts (GPC) shares soared 12.9% to $132.57 after news hit of O’Reilly Automotive’s cash bid topping $10 billion for its auto-parts segment. The reported offer puts a spotlight on GPC’s move to tighten its focus on the industrial parts business, where management targets better margins and growth. Even with a big stock surge, analysts left the consensus EPS at $2.10 for next quarter. Revenue is forecast up 3.6% to $6.39 billion from last year. Some say GPC may not hold onto gains unless earnings estimates start to climb. GPC is still rated Zacks Rank #3 (Hold). Over at Driven Brands Holdings (DRVN), shares added 2.6%, with its EPS estimate nudged up over the past month.
Genuine Parts (GPC) Moves 12.9% Higher: Wi…
Sprintex Limited seeks ASX listing for 12.7 million new shares
July 3, 2026, 5:12 AM EDT. Sprintex Limited has lodged an application with the ASX to quote 12,708,340 new fully paid ordinary shares. The move would expand the company’s capital base and may shift market liquidity or the shareholder mix. Sprintex is looking to raise its market profile and back growth plans. Traders and investors are watching for updates.
Sprintex seeks ASX quotation for 12.7 mill…
Oman’s Unclear Stance on Strait of Hormuz Fees Keeps Markets Guessing
July 3, 2026, 5:11 AM EDT. Oman is juggling diplomacy between Iran and the U.S. over possible transit fees in the Strait of Hormuz, a key route for 20% of global oil flows. International law bars tolls on passing vessels, but Oman is looking at charging for services under pressure from both Tehran and Washington. Analysts say this strategic ambiguity leaves a “blind spot” for markets, with governance risks easy to miss next to possible disruptions. Oman is trying to keep its role as a neutral broker and avoid stoking regional tensions, but the market still faces questions about how energy flows could be affected.
Oman walks a diplomatic tightrope over Str…
Meta Targets $145B AI Cloud Buildout, Eyes New Compute Sales Push
July 3, 2026, 5:10 AM EDT. Meta Platforms (NASDAQ:META) is setting up to spend as much as $145 billion on capex in 2026, most of it steered into data centers and AI cloud. The goal: sell AI processing and models to other companies, bringing Meta into direct competition with Amazon, Microsoft, and Alphabet in cloud. That capex could hit 62%-72% of projected 2026 revenue, sharply higher than what Meta had flagged before. Leases for operations and finance have topped $180 billion, underlining the spending scale. The stock dropped 4.9% to $582.90 on the news. Stocks like CoreWeave fell 4.6% and Nebius lost 5.9%, also moving down. CEO Mark Zuckerberg said demand for Meta’s cloud API is strong and, with possible surplus capacity, this could turn into a new channel for AI revenue.
Meta’s (NASDAQ:META) $145B AI cloud plan t…
American Airlines (AAL) Trades Heavily, Brushes 52-Week High Before July 4 Rush
July 3, 2026, 5:09 AM EDT. American Airlines (NASDAQ:AAL) finished just below its 52-week peak, closing at $17.92 after hitting $18.79 earlier in the week. Shares dipped 1.27% Thursday, but volume was massive at 577.12 million shares-87% of the float-over four sessions, with no net gains. BMO Capital and TD Cowen both boosted price targets to $19.50 and $24. Strong trading outpaced peers, ahead of Q2 results. CEO Robert Isom pointed to record revenue and solid demand. The company guides Q2 revenue up 13.5% to 16%. Short interest is still high at 9.88% of float, keeping volatility in play if earnings miss.
American Airlines (NASDAQ:AAL) trades clos…
AT&T (NYSE:T) Sinks $15 Billion in Value on Worries About Starlink Pushing Into Mobile
July 3, 2026, 5:08 AM EDT. AT&T (NYSE:T) shares slid 9.4% this week, wiping out close to $15 billion in market cap, almost the size of Charter Communications’ whole value. Wall Street is bracing for a hit as SpaceX’s Starlink looks set to move into mobile, with investors selling on fears the satellite service could challenge AT&T, Verizon and T-Mobile down the line. Most network traffic isn’t going through satellites now, but markets are pricing in competition. Analyst Timothy Horan cut his rating on AT&T, pointing to threats in both broadband and mobile from the new satellite players. AT&T’s team says satellite is just a backup, mainly for rural areas, and they’re still aiming to push forward a joint mobile-satellite deal with rival carriers.
AT&T (NYSE:T) faces $15B Starlink impact w…
IQM Quantum Computers ADS Opens on Nasdaq With Near $3.5B Valuation Before Holiday Break
July 3, 2026, 5:07 AM EDT. IQM Quantum Computers’ American Depositary Shares (ADS) started trading on Nasdaq at $13.36, putting the Finnish quantum computing company at about $3.51 billion in market cap. That’s nearly twice the $1.8 billion pre-money valuation from May and comes out to roughly 97 times its 2025 audited revenue of $36 million. Nasdaq was shut Friday for Independence Day, putting a pause on U.S. trading, but the stock kept moving in Helsinki. IQM brought in around €198.7 million from a PIPE deal at €10 per share, and its warrants are now in the money. CEO Jan Goetz called it a strong start for IQM, pointing to support from BlackRock as the company pushes to expand and hit profitability.
IQM Quantum Computers ADS debut puts Finni…
US S&P 500 Futures Dip as Jobs Growth Lags, Yields Edge Higher
July 3, 2026, 4:53 AM EDT. U.S. stock futures tipped down, with S&P 500 contracts off 0.01% Friday, as June jobs data came in light. Private employers added 98,000 jobs, below estimates and May’s count. Unemployment is still close to 4.3%, leaving labor conditions tight. The ISM Manufacturing PMI landed at 53.3, so factories are still growing. Borrowing costs keep climbing, the 10-year Treasury yield is around 4.5%, and that pressure is hitting banks and real estate shares. Some investors are weighing if slower jobs growth could hold back more Fed hikes. In stocks, Moderna surged 10.01% on a target raise, Honeywell Aerospace picked up 8.74% after new analyst coverage, and Rivian added 8.44% on stronger delivery guidance.
US Stock Market Today: S&P 500 Futures Sli…
Nippon India Nifty Pharma ETF Leads Index ETFs With 11.3% Gain in Six Months
July 3, 2026, 4:52 AM EDT. Nippon India Nifty Pharma ETF posted the highest six-month returns among index ETFs, up 11.3%, and outperformed its benchmark by 19 points over the past year. ACE MF data dated July 2 shows the fund had a 23.0% CAGR over three years. HDFC NIFTY Smallcap 250 ETF followed with a 7.1% return, and UTI Nifty Next 50 ETF came in third at 3.3%. The rankings only look at funds with assets above Rs 1,500 crore. ETFs track indexes or baskets of securities, giving investors diversification. Leaders in the rankings shift based on the period checked, with different ETFs taking the top spot in monthly or quarterly frames.
Nippon India Nifty Pharma ETF leads index …
S&P 500, Nasdaq Futures Slip as Jobs Cool and Rate Jitters Build
July 3, 2026, 4:51 AM EDT. Stock futures fell with S&P 500 and Nasdaq contracts both down after the ADP report logged just 98,000 new private jobs in June, less than expected. Labor market is cooling, which could help inflation but may hit wages and slow spending. The ISM Manufacturing PMI stayed in expansion at 53.3, but factory hiring shrank. Ten-year Treasury yield neared 4.50% as bets on more rate hikes picked up, putting pressure on rate-sensitive sectors, especially housing. Investors stuck to low-risk names as volatility picked up. Moderna jumped 10% after Piper Sandler upgraded the stock, and Honeywell Aerospace gained 8.7% on strong analyst ratings. Sandisk and Teradyne both fell more than 13% on profit-taking. Market looks to more data from US services, and new releases from Europe, Japan, and Canada for direction.
US Stock Market Today: S&P 500 Futures Sli…
FTSE: Elliott Wave Setup Points to Rebound After Pullback
July 3, 2026, 4:43 AM EDT. FTSE finished a three-wave pullback, a classic Elliott Wave Zig Zag, hitting support inside the ‘Equal Legs’ zone at 10370.44 to 10275.23. This Fibonacci area shows possible short-term downside, but it also sets up a rally once support holds. The 10333.17 low marks the end of the correction and opens up a risk-free buy. Analysis that includes bigger time-frame cycles and correlation work now calls for new upside toward fresh highs. Traders using Elliott Wave or pattern-read strategies can watch live sessions or test advanced tools to sharpen their forecasts.
FTSE Elliott Wave: Forecasting the Rally A…
STOXX 600 Hits Record, Tracks Biggest Weekly Jump in Over a Month
July 3, 2026, 4:42 AM EDT. STOXX 600 climbed to a record Friday and is heading for its strongest week in more than a month. Cyclical stocks led as traders pushed back calls for a quick U.S. interest rate hike. Sentiment improved across Europe with changing views on monetary policy.
Europe's STOXX 600 set for best week in ov…
FTSE 100 Hits Four-Month High on Utility, Miner Gains
July 3, 2026, 4:41 AM EDT. FTSE 100 pushed higher for a second session, touching its strongest level since March and moving near the February 27 high at 10,911. Utilities led the move, with SSE up 2.5%, National Grid gaining 1.5%, Centrica adding 1.1%, and Severn Trent ahead by 0.5%. Miners also lifted the index. Fresnillo jumped more than 2%, Antofagasta and Anglo American gained over 1% each. The rise came as strong China services numbers and a tame US jobs report cooled Fed rate hike worries. Volumes stayed subdued with US markets shut for Independence Day.
FTSE 100 Rises for 2nd Session
Proteomics International (ASX:PIQ) Says No Secret News Behind Price Moves
July 3, 2026, 4:40 AM EDT. Proteomics International Laboratories Ltd. (ASX:PIQ) told the ASX it’s not aware of any undisclosed info moving the stock. The company answered an exchange query and said its disclosures are current. Proteomics works in protein analysis for disease diagnosis. The message comes while investors speculated about the cause of recent trading swings.
Proteomics International Says No Undisclos…
Asian AI Hardware Stocks Jump on Tech Demand
July 3, 2026, 4:39 AM EDT. Asian AI hardware names jumped, boosting the sector as demand for AI chips picked up across the global tech cycle. Stocks seen as regional leaders rose on investor bets tied to artificial intelligence processors. Investors showed clear confidence in Asian suppliers of AI components. The move points to AI’s growing pull in tech markets and keeps Asia central in the AI hardware supply chain.
AI hardware stocks surge, led by Asian mar…
July 3, 2026 Holiday Schedules: Walmart, Target, Costco, Banks, Stock Market, Post Office
July 3, 2026, 4:38 AM EDT. July 3, 2026 lands right after the U.S. marks its 250th Independence Day on July 4, and many businesses are adjusting hours for the holiday. Walmart, Target, and Costco could close early or run on shorter schedules. Banks are expected to close or work limited hours. The stock market will stay closed on July 3, following the normal holiday calendar. U.S. Postal Service will likely pause mail delivery and retail counters. Specific store and bank hours may vary, so customers should check with local sites.
Are stores open on July 3, 2026? Holiday h…
Tech stocks rise, safe havens drop as yields jump: US market update July 3, 2026
July 3, 2026, 4:37 AM EDT. Tech shares climbed sharply July 3, 2026, with a rally led by names like Nvidia, Intel, Samsung, and TSMC. Market action came as geopolitical uncertainty around Iran and U.S. inflation worries weighed on sentiment. Treasurys, the yen and gold all dropped, with gold pulling back from January highs and Treasury yields moving up. Investors kept favoring tech, sending those stocks to records. Bonds struggled on higher inflation forecasts and U.S. debt concerns. In Canada, ETF CPD had neutral short and mid-term signals but its long-term chart stayed bullish. HitIQ Limited put in for an 80 million share listing on the ASX. Cettire saw shares lose more than 2% as selling persisted. A hearing in the Securities Appellate Tribunal took up an appeal over NSE option trade penalties.
US Stock Market Today: Live Updates 03.07.…
Dow Leads with New Highs, Nasdaq Lags; ASX 200 Stalls at Resistance
July 3, 2026, 4:36 AM EDT.Dow Jones futures hit another all-time high as traders moved out of technology stocks. The Nasdaq slipped behind in the switch, showing a turn in sentiment. The ASX 200 bumped up against its 200-day EMA, running into resistance that points to rough or sideways sessions ahead. Markets are keeping an eye on these marks for the next move.
Dow Jones Record Leaves Nasdaq Trailing, A…
Dow Jones Futures Touch Record, Nasdaq Trails; ASX 200 Stalls at 200-Day EMA
July 3, 2026, 4:35 AM EDT.Dow Jones futures are up to new highs, showing traders turning away from techs. The Nasdaq is underperforming as the shift hits that sector. Australia’s ASX 200 is bumping into resistance at its 200-day exponential moving average (EMA), raising the chance of choppy action as investors watch the bigger picture.
Dow Jones Record Leaves Nasdaq Trailing, A…
Safe Havens Miss the Mark in 2026 as Volatility Hits—Tech Stocks Lead Gains
July 3, 2026, 4:24 AM EDT.Safe-haven assets such as Treasurys, the yen and gold haven’t offered their normal cushion through the sharp swings of 2026. Treasury yields climbed even with the Iran conflict in focus, the yen dropped to record lows, and gold tumbled off its January peak. Analysts said that inflation worries, higher real yields, fiscal jitters, and diverging rates outweighed the standard shift into havens. Investors stuck with risk, piling into AI plays and pushing Nvidia, Intel, Samsung and TSMC to all-time highs. The bond market struggled with inflation forecasts rising, hurting fixed returns, while deficit and debt doubts persisted in the U.S.
Safe havens aren't behaving like they used…
CPD:CA ETF shows trade setups as price levels shift July 3
July 3, 2026, 4:23 AM EDT. On July 3, iShares S&P/TSX Canadian Preferred Share Index ETF (CPD:CA) gives off clear trading signals from its price action. The AI-generated read is neutral for short and mid term, but strong for the long run. Traders could look to buy near C$14.03, aiming for C$14.28, with stops at C$13.96. A short setup around C$14.28 has a target of C$14.03 and a stop loss set at C$14.35. These levels outline a way to trade the ETF as prices move.
How the (CPD) price action is used to our …
HitIQ Limited asks ASX to quote 80 million new shares
July 3, 2026, 4:22 AM EDT. HitIQ Limited has requested the ASX to quote 80,271,434 new fully paid ordinary shares. The company is looking to build up its equity base and could raise capital or boost liquidity with the new listing. HitIQ is working to broaden its financial options and reach more investors.
HitIQ seeks ASX quotation for over 80 mill…
Cettire (ASX:CTT) falls 2.33% as traders react to sharp move
July 3, 2026, 4:21 AM EDT. Cettire (ASX:CTT) shares slipped 2.33% to AU$0.210 in ASX trade, drawing a quick response from traders after the steep swing. The stock is down 453.97% for the year, keeping focus on the retailer’s ongoing slide. The move looks more like profit-taking or a sector rotation than anything tied to fresh news from the company. Analysts say the market values Cettire on growth prospects and sales numbers since it lacks a trailing price-to-earnings figure. Traders are watching the tape for new signs of conviction or swings in price and volume. This action matches moves seen in other ASX consumer names.
Why Cettire's (ASX:CTT) Share Price Pressu…
SAT Admits M. Prasad & Co. Appeal Challenging NSE Penalty on Reversal Trades
July 3, 2026, 4:20 AM EDT. The Securities Appellate Tribunal has taken up broker M. Prasad & Co. Ltd.’s appeal against the National Stock Exchange, after NSE slapped penalties on both counterparties to reversal trades. The Rs 5.69 crore fine is linked to Nifty Call Option deals between M. Prasad and its sister firm, Monet Securities. SAT has given the broker interim relief, pausing recovery as long as 25% of the penalty is deposited. M. Prasad claims the reversals were unintentional, blaming last-minute squaring up during a margin spike. The broker disputes NSE’s penalty approach, arguing both sides got hit for the full amount. The case tests if both counterparties can be fined for the same transaction, a question that could set a new regulatory line.
Can stock exchanges impose penalties on bo…
FTSE 100 Miners Gain as Gold, Copper Prices Jump
July 3, 2026, 4:05 AM EDT.Mining shares pushed the FTSE 100 higher Friday as gold and copper prices climbed, reacting to US jobs data that missed forecasts with 57,000 new jobs in June. Fresnillo PLC was up 2.4% at the top, and Antofagasta PLC, Anglo American, and Glencore rose between 1.3% and 1.5%. Softer US jobs numbers have traders cutting back expectations for Fed rate hikes, giving commodities room to run. Gold stayed above $4,100 an ounce after a 2% move up, while copper rose as inflation worries cooled and shipping through the Strait of Hormuz improved after US-Iran talks.
Miners dominate the FTSE 100 leader board
Amaroq (LSE:AMRQ) plans move from AIM to LSE Main Market by July 2026
July 3, 2026, 4:04 AM EDT. Amaroq Ltd. (LSE:AMRQ) said it wants to shift its listing from London’s AIM to the LSE Main Market no earlier than July 31, 2026, subject to regulatory sign-off. The company said the step would see all shares transferred across, with the AIM quote dropping after that. Amaroq is not planning a capital raise with this move. According to Amaroq, the switch could help lift its profile and draw in more institutional investors. It urged shareholders to get their own advice on the change. Amaroq explores in Greenland and holds assets like Nalunaq Gold Mine, Stendalen, and the Sava Copper Belt.
