Today: 18 July 2026
CSL Limited (ASX:CSL) awaits US$650 million hurdle ahead of August results, pressuring rebound
18 July 2026
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Stock Market Today: Live Updates 18.07.2026


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SpaceX Shares Sink Below IPO Debut Despite Upbeat Analyst Forecasts

July 18, 2026, 5:03 AM EDT. SpaceX shares slipped beneath their $135 IPO level soon after listing on Nasdaq, dropping almost 60% from the June high of $211. The downturn came as a surprise to Wall Street analysts, who had set largely optimistic 12- to 18-month targets ranging from $190 to $800, with many falling between $200 and $225. The IPO, valued at $75 billion, earned about $500 million in fees for the 23 underwriters, among them Goldman Sachs and Morgan Stanley. Although initial sentiment was strong, the sharp slide reflects ongoing market volatility and the difficulties high-profile IPOs such as SpaceX face in maintaining early trading gains.

SpaceX stock falls back to earth shortly a…

CleanSpark (CLSK) Valuation Stretched on Sales Despite Expansion Strategy

July 18, 2026, 5:02 AM EDT. CleanSpark (CLSK) shares have surged twofold over three years but now trade at a 4.5x price-to-sales (P/S) multiple, exceeding the software sector’s 3.5x average, which may point to overvaluation. The company’s hybrid model-balancing Bitcoin mining with AI-driven data centers-and very high short interest, contribute to both operational and market risk. While CleanSpark is expanding into AI and high performance computing to secure more stable income, these efforts have yet to fully ease investor apprehension. In the past year, the stock gained 2.0%, falling short of expectations. Simply Wall St gives CleanSpark a valuation score of 2 out of 6, indicating that shares remain on the pricier side. Investors face a trade-off between paying a premium and potential future cash flows, weighed against Bitcoin volatility and evolving business direction.

CleanSpark (CLSK) Stock Looks Stretched On…

Boot Barn Holdings Seen as Compelling GARP Stock Option

July 18, 2026, 5:01 AM EDT. Boot Barn Holdings (NYSE:BOOT) fits the criteria of the Peter Lynch investment strategy, which targets consistent earnings growth at fair valuations. The company’s earnings per share (EPS) grew by 29.73%, reflecting strong profitability. Its price/earnings to growth (PEG) ratio stands at 0.70, indicating undervaluation compared to growth prospects. Boot Barn also maintains minimal debt, contributing to solid financial health. These attributes make the stock appealing for long-term value investors looking for growth opportunities with controlled risk.

Boot Barn Holdings (NYSE:BOOT) Surfaces as…

Lloyds Banking Group Valuation Divided as Rule Easing Lifts Prospects

July 18, 2026, 4:47 AM EDT. Lloyds Banking Group shares rose 210% in five years, yet valuation signals remain split. Earnings multiples point to restricted potential gains, but an excess returns-driven intrinsic value model puts the stock at about 45.5% below real worth. The Bank of England’s proposed leverage rule relaxation could boost Lloyds’ lending capacity and return on equity, which may lift sentiment among investors. Lloyds recorded a 49.1% return in the last year, lagging sector rivals. The intrinsic value estimate stands at £2.05 per share, higher than current trading levels, suggesting some safety margin, though overall valuation approaches remain cautious. Investors face mixed signals as regulatory and credit landscapes continue to shift.

Is Lloyds Banking Group (LSE:LLOY) Still C…

GCP Infrastructure Expands Buyback, Further Constrains LSE Free Float

July 18, 2026, 4:46 AM EDT. GCP Infrastructure Investments Ltd, a FTSE 250 fund specialising in UK infrastructure debt, expanded its share buyback by acquiring 300,000 shares at 82.83 pence on July 16, 2026. Shares repurchased since December 2024 approach 80 million. Free float drops to 787.9 million voting rights, which could bolster earnings per share and help stabilise the share price. GCP pursues long-term, public sector-supported income and focuses on capital preservation. The stock is rated Buy with a £90 target price. TipRanks’ AI Analyst assigns an Outperform rating to GCP, highlighting robust balance sheet and improved cash generation, although revenue remains somewhat inconsistent. GCP’s market capitalisation is £694.8 million, and average daily volume totals 2.35 million shares.

GCP Infra Boosts Share Buyback Programme, …

Japan's Stocks Seen Withstanding Possible US AI-led Market Drop

July 18, 2026, 4:45 AM EDT.Japan’s stock market could stay robust even if a US equity downturn hits, as concerns rise over heavy artificial intelligence (AI) exposure. Long seen as lacking in capital market depth and marked by complex cross-shareholdings that insulated companies from external control, Japan has transformed its financial sector in recent years. Household savings amount to about 2.3 quadrillion yen (US$14.2 trillion), much of it traditionally in bank deposits with limited yields. But changes have cut cross-shareholdings from over 50% in the 1980s to less than 10% today, according to Hiromi Yamaji, CEO of Japan Exchange Group. The combination of this decline and sustained policy reform has provided a stronger base, positioning Tokyo as a more independent market in Asia, less vulnerable to foreign shocks than its regional peers.

Macroscope | Why Japan should be able to w…

ASML Shares Jump 143% Over 12 Months as Demand for Semiconductor Gear Soars

Stock Market Today: Live Updates 18.07.2026

July 18, 2026, 4:29 AM EDT.ASML, the leading European semiconductor equipment maker, climbed 143% over the last year. A £5,000 investment would now stand at £12,100. The company posted €9.3 billion in second-quarter sales, driven by heightened demand for its lithography machines essential to AI chip fabrication. Even amid strong gains, ASML’s forward price-to-earnings ratio of almost 50 highlights premium valuation, indicating a cautious approach may be prudent. Elsewhere, investor focus is on founder-led companies like Computacenter and Wise Group, where high insider ownership offers management-shareholder alignment in a volatile environment. On the commodities front, soybean futures advanced as export bookings remained strong and shipments met USDA requirements; wheat prices also pushed higher on disruptions to Black Sea exports.

Stock Market Today: Live Updates 18.07.202…

ASML Stock Jumps: £5,000 Stake Grows to £12,100 Over One Year

July 18, 2026, 4:14 AM EDT.ASML, the highest-valued company listed in Europe and a major player in semiconductor equipment, posted a 143% increase on its U.S.-listed shares in the past 12 months. A £5,000 investment a year ago would now be worth about £12,100, significantly outperforming the leading stock on the FTSE 100. ASML reported Q2 sales of €9.3bn, fueled by robust demand for its lithography machines critical to AI chip manufacturing, and the company is expected to see further gains as digital transformation accelerates. However, the stock’s forward price-to-earnings ratio sits close to 50, pointing to a high valuation and suggesting that investors might look to build exposure gradually rather than investing all at once.

A £5,000 stock market investment in Europe…

3 Founder-Led Firms Boasting High Insider Stakes and Solid Earnings Quality

July 18, 2026, 4:13 AM EDT. Amid inflation and shifting markets, investors could focus on founder-led companies with substantial insider ownership for better alignment with management. This piece examines three standout stocks from a screener focused on capital discipline and quality earnings. Computacenter (LSE:CCC), a FTSE 100 IT services provider, reports £9.19 billion in revenue while experiencing profit margin pressure despite trading at a premium price-to-earnings multiple. Wise Group , valued at £9.40 billion and operating in fintech with a focus on cross-border payments, demonstrates strong returns and an extensive global presence but faces fee compression and regulatory threats. These examples highlight firms where founders hold substantial stakes, possibly better aligning interests with shareholders through uncertain periods.

3 Founder Led Stocks With High Insider Own…

Soybeans Rise as Robust Export Sales Lift Sentiment

July 18, 2026, 4:04 AM EDT. Soybean futures finished the week higher after Thursday’s decline, with August up 12 ¾ cents and November gaining 12 ¼ cents. The national average cash price for soybeans climbed 10 3/4 cents to $11.66 3/4. Strong export activity included 340,000 MT booked by China, 256,634 MT by Mexico, and 110,000 MT to unknown buyers. Old crop sales reached 41.324 million metric tons (MMT), in line with USDA projections, while shipments achieved 92% of the target. Speculative funds added 4,009 contracts to their net long position. Brazilian forecasts from Safras & Mercado see 2026/27 soybean output increasing by 1.8 MMT to 180.1 MMT. Soymeal futures edged lower, while soy oil prices advanced on support from firmer crude oil values.

Soybeans Round the Week with Gains, Follow…

Wheat futures climb as Black Sea turmoil disrupts exports

July 18, 2026, 4:03 AM EDT. U.S. wheat prices advanced on Friday, led by Chicago Soft Red Winter (SRW) wheat up to 9.5 cents and Kansas City Hard Red Winter (HRW) futures rising as much as 15.75 cents. For the week, September SRW gained 42.5 cents and HRW added 56 cents. Minneapolis spring wheat also moved higher by up to 11.5 cents. Ongoing buying amid intensifying Black Sea conflict, which hampers exports, drove the uptick. The USDA Export Sales report logs 2026/27 wheat sales at 2.057 million metric tons, representing 10% of projected levels and surpassing the five-year average pace. Speculators trimmed net short positions in Chicago wheat by 25,527 contracts and boosted Kansas City net longs by 5,730 contracts. In France, crop conditions are steady at 65% good/excellent, with 92% of the harvest complete. Wheat finished Friday with gains across major contracts.

Wheat Strengthens into the Friday Close

Live, Feeder Cattle Futures Slide as Cash and Beef Values Weaken

July 18, 2026, 4:02 AM EDT. Live cattle futures declined by 97 cents to $2.67 on Friday, with August contracts losing $10.77 this week in response to softer regional cash prices of $237-$240. Feeder cattle futures dropped 65 cents to $2.20, with August contracts down $8.65. The CME Feeder Cattle Index slipped to $364.03 as managed money sharply reduced net long positions. Wholesale boxed beef prices also fell, with Choice cutouts down $1.57 to $366.81 and Select off 40 cents to $355.29. USDA reported weekly cattle slaughter at 525,000 head, down from previous periods. The combined retreat in futures and beef markets points to persistent headwinds for cattle producers and market participants.

Cattle Continues Slide into the Weekend on…

How £250 a Month in UK Shares Could Deliver £25,988 Passive Income

July 18, 2026, 4:01 AM EDT. Putting £250 each month into UK shares and reinvesting dividends at an average annual return of 8% may result in a £22,939 yearly income after 35 years. For those who select stocks like Computacenter Plc shares-which have achieved an 18.8% annual return over the past 20 years-annual passive income could reach almost £25,988 within just 20 years. Computacenter delivers essential IT infrastructure services for modern businesses, positioning it as a notable growth opportunity. This method shows how focused investing can quickly boost wealth and passive income from UK shares compared to holding broad index funds.

How to start turning £250 a month in UK sh…

Cleveland-Cliffs Faces Divided Analyst Views Ahead of July 23 Earnings After Loss Forecasts Raised

July 18, 2026, 4:00 AM EDT. Cleveland-Cliffs (CLF) comes under analyst scrutiny ahead of its July 23, 2026 earnings release, with expectations for a per-share loss despite an increase in year-over-year revenue. Earnings forecasts have jumped about 36% in the last month, yet the share price has declined, as investors remain cautious about the company’s substantial debt and dependence on conventional steelmaking. Some analysts maintain a growth outlook, estimating $22.7 billion in revenue and $784.5 million in earnings by 2029. At its current price, the stock is seen as having 17% upside towards a $10.86 fair value. The divided outlook underscores challenges related to execution and industry demand, particularly in autos and appliances, as Cleveland-Cliffs nears its July earnings report.

Is Sharply Raised Loss Forecasts Before Ju…

Marcin Frąckiewicz is the founder and CEO of TS2 Space, a satellite communications company serving customers around the world. A graduate of the Warsaw School of Economics (SGH), he has more than two decades of experience in telecommunications, satellite services and technology ventures. He writes about satellite communications, space technology, artificial intelligence and the stock market, with a particular focus on technology companies, semiconductors, emerging industries and the trends shaping global innovation. Follow Marcin Frąckiewicz on Google News, Facebook. or Linkedin.

Stock Market Today

  • SpaceX Shares Sink Below IPO Debut Despite Upbeat Analyst Forecasts
    July 18, 2026, 5:03 AM EDT. SpaceX shares slipped beneath their $135 IPO level soon after listing on Nasdaq, dropping almost 60% from the June high of $211. The downturn came as a surprise to Wall Street analysts, who had set largely optimistic 12- to 18-month targets ranging from $190 to $800, with many falling between $200 and $225. The IPO, valued at $75 billion, earned about $500 million in fees for the 23 underwriters, among them Goldman Sachs and Morgan Stanley. Although initial sentiment was strong, the sharp slide reflects ongoing market volatility and the difficulties high-profile IPOs such as SpaceX face in maintaining early trading gains.
National Australia Bank (ASX:NAB) advances as cooling price pressure supports key profit driver
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National Australia Bank (ASX:NAB) advances as cooling price pressure supports key profit driver

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