Today: 13 July 2026
SoundHound AI Stock’s $1.08 Billion Short Bet Just Grew — and CPI Week Is Next
13 July 2026

SoundHound AI Stock’s $1.08 Billion Short Bet Just Grew — and CPI Week Is Next

SoundHound AI, Inc. enters the new week with 162.9 million shares sold short as of June 30, or 41.3% of its public float, the shares available for trading. Short interest — stock sold by investors betting on a fall and not yet bought back — rose 1.2% from the prior report, MarketBeat data published Friday showed. Its 6.5 “days to cover” means closing those positions would take an estimated 6.5 average-volume sessions.
The Biggest Earnings Reports This Week: Banks, TSMC and Netflix Put Wall Street’s Profit Boom on Trial

The Biggest Earnings Reports This Week: Banks, TSMC and Netflix Put Wall Street’s Profit Boom on Trial

The market’s central question is whether the profit surge can broaden beyond artificial-intelligence chips and energy without exposing weaker credit. The evidence points to a cautious yes: analysts expect S&P 500 second-quarter earnings to rise 23.4% from a year earlier, and this week’s bank slate will test loan demand and consumer health. The answer still hinges on Taiwan Semiconductor Manufacturing Co. defending its high-growth, heavy-investment outlook. Guidance — management’s forecast for coming quarters — matters more now than another round of backward-looking beats.
Verizon (NYSE:VZ) Stock’s 6.7% Yield Is Tempting — But This One Number Decides the Next Move

Verizon (NYSE:VZ) Stock’s 6.7% Yield Is Tempting — But This One Number Decides the Next Move

With U.S. markets shut on Sunday, the key question for Verizon Communications Inc. is whether its 6.72% dividend yield now pays investors enough for the stock’s widening gap with faster-growing peers. For now, only partly. Verizon closed Friday at $42.12; adding the $0.7075 dividend that Friday buyers were no longer entitled to, its shareholder return for the July 6-10 week was about 0.6%. That cushioned a raw 1.0% price fall, but Verizon still trailed AT&T Inc., at about 4.0% including its dividend, T-Mobile US Inc., at 5.7%, and the S&P 500’s 1.2% gain. Investors paid more for growth and competitive confidence than for income alone.
Space Stocks Week Ahead: Can SpaceX’s Nasdaq-100 Entry Reverse the Selloff?

Space Stocks Week Ahead: Can SpaceX’s Nasdaq-100 Entry Reverse the Selloff?

No, not on its own. Space Exploration Technologies’s rapid entry into the Nasdaq-100 has not produced a broad lift for space shares. SpaceX fell 10.3% from July 2 through Friday even though its inclusion was expected to generate about $4.3 billion of passive buying — automatic purchases by funds tracking the index. An equal-weight basket, giving each stock the same influence, of Rocket Lab, AST SpaceMobile and Planet Labs slid 16.7%. The split suggests validation is concentrating capital in the leader, not widening appetite for smaller space stocks.
Rivian Stock’s $1.32 Billion Raise Came With a $3.4 Billion Repricing

Rivian Stock’s $1.32 Billion Raise Came With a $3.4 Billion Repricing

Rivian Automotive closed Friday at $17.48, down 3.5%, after selling 86.25 million shares at $15.50 apiece in an offering expected to net the electric-vehicle maker about $1.32 billion. U.S. markets were closed Sunday. A cash-adjusted reading of the deal shows a larger figure: roughly $3.4 billion of value disappeared against a simple no-repricing benchmark.
Microsoft Stock Slips Before Open as $190 Billion AI Bet Faces Wall Street Test

Microsoft Stock Forecast: Three Target Cuts Slice 10% Off — Yet Still Point to 33% Upside

Microsoft heads into Monday after Argus Research cut its price target on Friday to $510 from $620, the sharpest of three reductions issued last week. Together with cuts from BMO Capital and Wolfe Research, the new targets average $511.67 — about 10% below their prior average, yet still 32.9% above Microsoft’s $385.10 Friday close. All three firms kept positive ratings.

Nokia shares jumped on €5.5B defense-AI news—Ericsson moves in focus

Nokia shares jumped on €5.5B defense-AI news—Ericsson moves in focus

Nokia Oyj heads into Monday with the Helsinki market closed for the weekend, after big swings last week. Shares soared 9.64% on Thursday as the company showed off its first operational results from the NestAI defence partnership. Nokia finished Friday at €10.90. Thursday's rally pushed up market value by about €5.5 billion, using the 5.6 billion shares not owned by the company, or 55 times the €100 million joint investment from Nokia and Tesi tied to the partnership.
Xero sets 30-day staff deadline, investors eye 43% stock-pay ratio

Xero sets 30-day staff deadline, investors eye 43% stock-pay ratio

12 July 2026
Xero Limited has told employees rated “Below Expectation” to either take voluntary severance or go on a 30-day performance-improvement plan. The company is getting stricter as it ramps up its push into artificial intelligence and U.S. payments. CEO Sukhinder Singh Cassidy wrote to staff, “As AI changes how work gets done, we have the chance to redefine how small business finance works.” The change follows a 58% spike in non-cash share-based payment expense to NZ$240.1 million, or 43.3% of Xero’s free cash flow. That’s up from 30.0% a year ago.

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SoundHound AI Stock’s $1.08 Billion Short Bet Just Grew — and CPI Week Is Next

SoundHound AI Stock’s $1.08 Billion Short Bet Just Grew — and CPI Week Is Next

SoundHound AI, Inc. enters the new week with 162.9 million shares sold short as of June 30, or 41.3% of its public float, the shares available for trading. Short interest — stock sold by investors betting on a fall and not yet bought back — rose 1.2% from the prior report, MarketBeat data published Friday showed. Its 6.5 “days to cover” means closing those positions would take an estimated 6.5 average-volume sessions.
ASML Says It Can Keep Up With AI Chip Boom in 2026, but China Curbs Still Loom

ASML Stock’s Next 7% Move May Top Its Annual Revenue in Value

ASML Holding heads into Wednesday’s results with a sharp setup: a 7% swing in the stock now means about €42 billion in market cap changes, which tops the midpoint of its 2026 sales outlook at €38 billion. Saxo investment and options strategist Koen Hoorelbeke said shares have jumped more than 7% on earnings day six times in the last eight quarters. ASML finished Friday at €1,569, down 4% over five days, but shares are still up 70.3% this year. The trailing P/E stands at 60.7.
Oracle Stock’s $638 Billion Order Book Faces a $42 Billion Cash Test

Oracle Stock’s $638 Billion Order Book Faces a $42 Billion Cash Test

Oracle Corporation heads into Monday with one market question: can its AI-driven order book turn into cash fast enough to offset the debt and stock needed to build data centers? The market’s answer, for now, is no. Oracle closed Friday at $140.64, down 2.48%; even after crediting its $0.50 quarterly dividend to the day’s return, the loss was about 2.14%. A cut to BBB-, the lowest investment-grade rating rung, has made funding — not demand — the next price driver.
Pfizer (NYSE:PFE) scores FDA approval but Wall Street reaction muted

Pfizer (NYSE:PFE) scores FDA approval but Wall Street reaction muted

U.S. markets are shut for the weekend, so investors are waiting to see if Friday’s FDA approval of Padcev with Keytruda will do much for Pfizer Inc.’s earnings. So far, no big move. Pfizer slipped 0.33% to $24.17 on Friday, down 0.62% since the July 2 close before the July 4 break. The S&P 500 rose 1.2% last week. The FDA cleared the drug based on a 47% lower risk of recurrence, progression or death, which looks strong clinically. But investors want more proof that sales to bladder-cancer patients can make up for Pfizer’s patent losses.
Top Stocks to Watch Now: The Bank-and-Chip Test That Could Decide Wall Street’s Next Move

Top Stocks to Watch Now: The Bank-and-Chip Test That Could Decide Wall Street’s Next Move

Wall Street’s next move hinges on whether profits can broaden beyond artificial intelligence, not on another easy headline beat. The answer is cautiously positive, but the bar is high: year-forward S&P 500 earnings estimates have risen 21% in 2026, roughly twice the index’s gain, while projected second-quarter profit growth has been revised to 23.4% from 15.2% in January. That lifts the growth hurdle by about 54%. Technology earnings are expected to jump more than 65%, so Tuesday’s banks will test whether the rally can spread; chip-equipment and contract-manufacturing leaders later in the week will test valuation. “Earnings are even stronger,” Nationwide strategist Mark Hackett said.
Snap trails Nasdaq—3% ad growth in focus for next move

Snap trails Nasdaq—3% ad growth in focus for next move

Snap Inc. isn’t getting much traction from its new subscriptions yet, with shares finishing the week at $4.68, down 3.3%. That lagged the Nasdaq Composite, which rose 1.7% over the same stretch. Snap still faces sluggish ad sales in North America. U.S. markets are shut for the weekend and will reopen Monday. Snap’s next big date is its second-quarter results set for Aug. 3.
The Biggest Earnings Reports This Week: Banks, TSMC and Netflix Put Wall Street’s Profit Boom on Trial

The Biggest Earnings Reports This Week: Banks, TSMC and Netflix Put Wall Street’s Profit Boom on Trial

The market’s central question is whether the profit surge can broaden beyond artificial-intelligence chips and energy without exposing weaker credit. The evidence points to a cautious yes: analysts expect S&P 500 second-quarter earnings to rise 23.4% from a year earlier, and this week’s bank slate will test loan demand and consumer health. The answer still hinges on Taiwan Semiconductor Manufacturing Co. defending its high-growth, heavy-investment outlook. Guidance — management’s forecast for coming quarters — matters more now than another round of backward-looking beats.
Verizon (NYSE:VZ) Stock’s 6.7% Yield Is Tempting — But This One Number Decides the Next Move

Verizon (NYSE:VZ) Stock’s 6.7% Yield Is Tempting — But This One Number Decides the Next Move

With U.S. markets shut on Sunday, the key question for Verizon Communications Inc. is whether its 6.72% dividend yield now pays investors enough for the stock’s widening gap with faster-growing peers. For now, only partly. Verizon closed Friday at $42.12; adding the $0.7075 dividend that Friday buyers were no longer entitled to, its shareholder return for the July 6-10 week was about 0.6%. That cushioned a raw 1.0% price fall, but Verizon still trailed AT&T Inc., at about 4.0% including its dividend, T-Mobile US Inc., at 5.7%, and the S&P 500’s 1.2% gain. Investors paid more for growth and competitive confidence than for income alone.
Nasdaq Drops After Hours as AI Stocks and Chip Names Fall

CPI Data Could Make or Break Wall Street’s Next Rally

Traders are watching if Tuesday’s June CPI print lets the Fed hold rates steady, but a soft headline probably won’t be enough. Barclays sees headline CPI dropping to 3.8% from 4.2% on lower gas prices, but expects core CPI—excluding food and energy—to rise another 0.26% month over month. Economist Pooja Sriram said core services inflation is in the driver’s seat. That annualizes to roughly 3.2%, still above the Fed’s 2% target. So, cheaper gas alone won’t settle the rate debate.
USPS Forever Stamp Hits 82 Cents—The Hidden Rate Formula Points to More Hikes

USPS Forever Stamp Hits 82 Cents—The Hidden Rate Formula Points to More Hikes

The U.S. Postal Service raised the price of a Forever stamp to 82 cents from 78 cents on Sunday. The sharper signal for investors sits in the regulator’s math: of the 4.803% First-Class Mail rate authority — the ceiling regulators allowed USPS to use — 2.190 percentage points, or 45.6%, came from falling mail density rather than inflation. Density measures how many pieces are delivered across each delivery point, and weakens when mail shrinks faster than the network.
12 Jul
Energy Stocks Week Ahead: Can U.S. Refiners Keep Beating the Oil Sector?

Energy Stocks Week Ahead: Can U.S. Refiners Keep Beating the Oil Sector?

Renewed U.S.-Iran attacks around the Strait of Hormuz will dominate Monday’s open, but U.S. refiners look positioned to keep outperforming the broader energy sector. Valero Energy, Marathon Petroleum and Phillips 66 delivered a simple average gain of 6.0% between the July 2 and July 10 closes, compared with 3.5% for the Energy Select Sector SPDR Fund. Yes, refiners can retain that lead—but only while gasoline and diesel prices continue to outrun their crude-oil costs.
Space Stocks Week Ahead: Can SpaceX’s Nasdaq-100 Entry Reverse the Selloff?

Space Stocks Week Ahead: Can SpaceX’s Nasdaq-100 Entry Reverse the Selloff?

No, not on its own. Space Exploration Technologies’s rapid entry into the Nasdaq-100 has not produced a broad lift for space shares. SpaceX fell 10.3% from July 2 through Friday even though its inclusion was expected to generate about $4.3 billion of passive buying — automatic purchases by funds tracking the index. An equal-weight basket, giving each stock the same influence, of Rocket Lab, AST SpaceMobile and Planet Labs slid 16.7%. The split suggests validation is concentrating capital in the leader, not widening appetite for smaller space stocks.
Palantir Loses $29 Billion in Market Value in Three Days as Software Valuation Faces CPI Data

Palantir Loses $29 Billion in Market Value in Three Days as Software Valuation Faces CPI Data

Palantir Technologies Inc. closed Friday at $126.79, down 8.7% from Tuesday’s intraday high of $138.90. The stock is also 1.9% lower than where it finished on July 2 before the holiday. PLTR slid for three sessions in a row, giving up an early-week rally that at one point put shares up 7.4% compared to the level before the break.
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