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What We're Watching Today

Econ Calendar Wed 8/5/26MBA Mortgage Applications 7:00 AM ETADP Employment Report 8:15 AM ETTreasury Refunding Announcement 8:30 AM ETPMI Composite Final 9:45 AM ETISM Services Index 10:00 AM ETEIA Petroleum Status Report 10:30 AM ETTreasury Buyback & Note Announcements 11:00 AM ET4-Month Bill Auction 11:30 AM ETLisa Cook Speaks 4:05 PM ETMary Daly Speaks 8:35 PM ET
S&P 500, Dow futures inch up as MidEast hopes offset SpaceX, AMD drag
Trump says Hormuz deal could be agreed Wednesday or Thursday as he hails ‘very good’ Iran talks - CNBC
Trump Fuels Hopes of Hormuz Opening With Hints Deal Is Close - BBG
Iran Is Staking Everything on Controlling the Strait of Hormuz - WSJ
Gulf shipping traffic steady amid uncertainty of peace talks - Reuters
White House set to extend Jones Act waiver as Trump hunts for cheaper gasoline - Reuters
Yemen’s Houthis Say They’ll Target Tankers in Northern Red Sea - BBG
Pentagon Removes Decades of Weapon Test Reports From Public View - BBG
Hegseth’s Pick for Top Army Job Is Losing Republican Support - WSJ
Sen. Susan Collins will oppose Blanche, a critical blow for Trump’s AG pick - CNBC
Trump’s deportation agenda raised prices, contracted local economies, immigration group says - CNBC
Scott Bessent Draws on Hedge Fund Instincts to Help Rescue Yen - BBG
Under Patel, FBI forges unprecedented law enforcement ties with China, Russia - Reuters
Pirro’s About-Face in Pool Case Followed Prosecutors’ Private Concerns - WSJ
North Korean missile unit deploys in Russia for Ukraine war, Kyiv says
Russian Attack Kills 17 as Ukraine Runs Low on Interceptors - WSJ
Putin names head of new Russian drone forces in military reshuffle - Reuters
Russia steps up disinformation campaigns ahead of German elections, security sources say
German services downturn eases in July as demand picks up, PMI shows
UK services sector returns to growth, optimism picks up, PMI shows
China’s super-rich ‘in shock’ and hunting for cash as Beijing issues surprise tax on offshore trusts - CNBC
Chinese optical module makers slump after report on planned US import ban - Reuters
China eases controls on fuel exports for a second month, sources say
China complains to Japan over defence white paper, foreign ministry says
Taiwan launches major war games to test command flexibility - Reuters
India's July services sector growth slides to over four-year low as demand wilts, PMI shows
Oil prices rebound after Houthis say they attacked Saudi tanker - Reuters
Gold scales one-month peak as US-Iran peace hopes ease inflation worries - Reuters
Yen drifts after intervention whirlwind; Iran optimism dents dollar - Reuters
$T $TMUS $VZ SpaceX's $SPCX mobile ambitions jolt US telecom market, analysts debate threat
$HSBC (-5.0% pre) $PRU Prudential, HSBC Shares Tumble on China Insurance Tax Report
$SKHY (-2.4% pre) Samsung, SK Hynix test Chinese chip tools as hedge against US risks
OpenAI, Anthropic AI agents implicated in new security breaches - Reuters
$SYY (-0.2% pre) Sysco has stopped buying iceberg lettuce from Mexico amid US cyclosporiasis outbreak, CEO says
The Investing Heavyweights That Backed Situational Awareness Before It Blew Up - WSJ
Ken Griffin’s Citadel posts best month in years after scooping up Situational Awareness stocks - CNBC
Michael Burry bets against rally: ‘We are near a major top, and possible a 1987-type fall’ - CNBC
Bankers Are Betting on Supersize Bonuses This Year With Profits Surging - WSJ
$AZN (+5.4% pre) $BMY (-2.1% pre) No Discussions' Over Astrazeneca-Bristol Myers Deal, Senior Source Says - Reuters
$DFNS (+30.9% pre) T3 Defense unit Tiltan wins infrared simulation order in Israel
JULY MONTHLY ADP EMPLOYMENT CHANGE: +44K V +65KE
$LXEO (+6.6% pre) Lexeo Therapeutics Receives FDA Regenerative Medicine Advanced Therapy (RMAT) Designation for LX2020 for the Treatment of PKP2 Arrhythmogenic Cardiomyopathy
$NVDA (+1.4% pre) Elon Musk says $SPCX SpaceX will build exclusively with Nvidia, touts space-based AI servers
$DBGI (+20.2% pre) Digital Brands Group Announces Receipt of $77.58 Per Share All Cash Proposal
$ANET (+11.6% pre) Arista Networks Stock Surges as Earnings Prove AI Demand Is Real
$AVT (+9.4% pre) Avnet Reports Fourth Quarter and Fiscal 2026 Financial Results
$APPS (+26.3% pre) Digital Turbine (APPS) Stock Rises on Q1 2027 Earnings
$BKNG (+8.0% pre) Booking Holdings Stock Climbs as Q2 Earnings Top Estimates
$BLMN (+27.8% pre) Bloomin' Brands (NASDAQ:BLMN) Beats Q2 CY2026 Sales Expectations, Stock Jumps 24.7%
$BWA (+4.9% pre) BorgWarner surges 6% on earnings beat, raised guidance
$CRCL (-1.7% pre) Circle Delivers Q2 Surprise Despite Revenue Miss: How Should Traders Position?
$CG (+1.7% pre) Carlyle shares edge up on earnings and revenue beat
$CRL (+8.1% pre) Charles River Labs stock climbs 8% on Q2 beat, raised guidance
$CVS (+0.3% pre) CVS shares jump on earnings beat, raised full-year guidance
$DT (+12.0% pre) Dynatrace’s (NYSE:DT) Q2 CY2026 Sales Beat Estimates, Stock Jumps 10.3%
$DIS (+3.1% pre) Disney’s ‘Toy Story 5’ fuels streaming business and merchandise sales for June quarter
$FRPT (+7.4% pre) Freshpet’s (NASDAQ:FRPT) Q2 CY2026: Strong Sales, Stock Soars
$GTE (+47.1% pre) Earnings Flash (GTE) Gran Tierra Energy Inc. Reports Q2 Sales $187.2M
$HMC (+4.4% pre) Honda Doubles Profit, Lifts Guidance on Weak Yen
$KMT (+13.3% pre) Kennametal’s (NYSE:KMT) Q2 CY2026 Sales Top Estimates, Stock Jumps 14.2%
$KODK (+14.0% pre) Eastman Kodak Co (KODK) (Q2 2026) Earnings Call Highlights: Revenue Surges 18%
$KTOS (+13.1% pre) Kratos Defense shares soar after earnings beat and stronger full-year outlook
$LLY (+4.6% pre) Lilly’s revenue soars 48%, driven by demand for its GLP-1s
$SHOP (+20.4% pre) Shopify (NASDAQ:SHOP) Beats Expectations in Strong Q2 CY2026, Stock Jumps
$RIOT (+4.7% pre) Riot Reschedules Second Quarter 2026 Earnings Conference Call
$WYNN (+4.0% pre) Wynn Resorts Second-Quarter Revenue Rises on Demand from Wealthy Customers
$YOU (+12.9% pre) CLEAR Q2 2026 earnings: Revenue growth drives margin expansion
$AMD (-7.7% pre) AMD’s revenue climbs 50% and data center sales doubled, but the stock is down
$ANGI (-20.3% pre) Angi (ANGI) Q2 Earnings and Revenues Lag Estimates
$ALAB (-1.0% pre) Astera Labs, Inc. (ALAB) Beats Q2 Earnings and Revenue Estimates
$BL (-3.9% pre) BlackLine (NASDAQ:BL) Posts Q2 CY2026 Sales In Line With Estimates But Stock Drops
$CDW (-14.3% pre) CDW Reports Second Quarter 2026 Earnings
$CPNG (-4.5% pre) Coupang posts biggest quarterly loss since New York listing
$CRTO (-26.3% pre) Criteo Q2 revenue falls 11% to $428 million
$EOSE (-14.9% pre) EOS ENERGY ENTERPRISES ($EOSE) Releases Q2 2026 Earnings
$FLUT (-7.6% pre) Flutter Stock Falls After CEO Steps Down as Earnings Miss Expectations
$FUBO (-6.4% pre) fuboTV (NYSE:FUBO) Misses Q2 CY2026 Revenue Estimates, Stock Drops
$GFS (-6.2% pre) GlobalFoundries Stock Costs More Than The Market On Earnings And Less On Cash Flow
$GLXY (-5.1% pre) Galaxy Digital stock falls 7% on second quarter loss despite data center growth
$HNGE (-4.4% pre) Hinge Health Inc. (HNGE) Q2 Earnings Meet Estimates
$LCID (-8.7% pre) Lucid Stock Slips as Q2 Results Fall Short of Expectations
$LPX (-6.3% pre) Louisiana-Pacific (LPX) Q2 Earnings and Revenues Miss Estimates
$LMAT (-16.8% pre) LeMaitre (NASDAQ:LMAT) Misses Q2 CY2026 Revenue Estimates, Stock Drops
$MDLN (-15.4% pre) Earnings Flash (MDLN) Medline Inc. Posts Q2 Adjusted EPS $0.50 per Share, vs. FactSet Est of $0.32
$MTCH (-10.2% pre) Match Group shares tumble as revenue miss and weak outlook overshadow earnings beat
$PINS (-9.4% pre) Pinterest expects slower quarterly revenue growth as ad competition heats up
$PODD (-20.9% pre) Insulet’s (NASDAQ:PODD) Q2 CY2026 Sales Top Estimates But Stock Drops
$SEDG (-15.4% pre) SolarEdge Revenue Tops Estimates on 20% Jump, but Weak Q3 Outlook Sends Shares Lower
$SPCX (-11.4% pre) SpaceX's first earnings reveal the cost of becoming an AI giant: Chart of the Day
$SN (-3.3% pre) Earnings Flash (SN) SharkNinja, Inc. Reports Q2 Revenue $1.77B, vs. FactSet Est of $1.65B
$TMDX (-9.4% pre) TransMedics Group Q2 Earnings Call Highlights
$TDC (-13.7% pre) Teradata’s (NYSE:TDC) Q2 CY2026 Sales Beat Estimates But Stock Drops
$UBER (-2.5% pre) Uber Stock Slips After Earnings. Here Are The Numbers To Know.
$USNA (-20.8% pre) USANA Health Sciences (USNA) Reports Q2 Loss, Lags Revenue Estimates
$VPG (-26.3% pre) VPG Fiscal Q2 2026 Earnings: Revenue Growth Meets Currency-Driven Profit Pressure
$ZETA (+1.4% pre) Zeta Global Holdings (ZETA) Q2 Earnings Miss Estimates
Top Earnings Wed 8/5 Aft: $AAUC $ABCL $ACA $ACIC $ACT $ADMA $AEVA $AGBK $AGL $AIRG $AKA $AKBA $ALB $ALL $ALNT $ALTO $AMPL $AMSC $APLE $APP $ARQT $ARRY $ASYS $ATEN $ATNI $ATO $AWR $AXON $BBD $BBDC $BBSI $BDSX $BGSF $BHR $BKH $BLBD $BLLN $BMBL $BROS $BTMD $BYND $CACI $CAI $CAPL $CARL $CDE $CDLX $CDRE $CENT $CF $CGNX $CHRD $CHRS $CHYM $CLFD $CLOV $CMP $COKE $COOK $CPA $CPAY $CPS $CRUS $CSV $CTKB $CW $CWEN $CXT $CXW $DASH $DAVE $DEC $DGII $DHT $DHX $DIOD $DLX $DOX $DUOL $DXPE $EBAY $EBS $ECPG $EE $EHC $ELA $ELF $EOLS $ERII $ERO $ETSY $EVCM $EXEL $EXPE $EZPW $FG $FIG $FIP $FLNC $FNF $FSLY $FSM $FWRD $GDRX $GECC $GNK $GNL $GNW $GOOD $GPMT $GRAL $GROY $GT $GTM $HBB $HCC $HDSN $HHH $HLF $HMH $HMN $HNXT $HRTG $HST $HUBS $III $INN $INSE $INSG $IONQ $JOBY $KLIC $KMPR $KNTK $KRMD $KRO $KVYO $LAB $LB $LEGH $LEU $LFMD $LILA $LTBR $LTC $LZ (1/2)
Top Earnings Wed 8/5 Aft: $MATV $MCK $MELI $MET $MFC $MGNI $MIAX $MIRM $MKSI $MLR $MNKD $MRAM $MSI $MTDR $MUR $MUSA $MWA $MYO $NC $NEXA $NHP $NL $NNBR $NOVT $NSLR $NTR $NVST $NWSA $NYXH $O $OBDC $OEC $OGC $ONT $OPI $OPRT $OR $ORA $OSUR $OTCM $OTF $OUT $OXY $PACB $PAYC $PAYS $PNTG $POWI $PR $PRI $PRSU $PTLO $PTRN $QGEN $RAMP $RCUS $RDN $RDW $REI $RELY $REPX $RGLD $RIG $RMR $ROOT $RUN $RVMD $RXST $RYN $SACH $SATL $SBGI $SBLK $SD $SDGR $SEG $SEI $SGHT $SGU $SITM $SM $SMA $SMR $SNDK $SNES $SNEX $SOBO $SOLV $SOUN $SRI $SRPT $SST $STE $STKS $SVC $SYM $TASK $TDUP $TFPM $TGB $TKNO $TLN $TNC $TPC $TPL $TPVG $TROX $TRUP $TS $TTMI $TWFG $UGI $UHAL $UMH $USPH $UTI $UVV $VAL $VCTR $VECO $VEL $VIAV $VIR $VNDA $VRRM $VSEC $WBI $WDC $WES $WMG $WTI $WTS $WW $XNDU $XPER $XRN $XYZ $Z $ZG $ZIP $ZVIA $ZVRA (2/2)
Top Earnings Th 8/6 Pre: $ACDC $ACFN $ACIW $ACLS $AGEN $ALGS $AMLX $AMTX $APA $APPN $ARBE $ARHS $ASPN $ATI $ATS $ANVT $BCE $BDX $BKSY $BKV $BOBS $BRLT $BSY $BUR $CARS $CCLD $CCOI $CECO $CEG $CELH $CGBD $CHGG $CION $CMRC $CNQ $CNR $COLD $COLL $COP $CQP $CRAI $CRON $DAN $DBHL $DCO $DCTH $DDOG $DEO $DNOW $DNUT $DRVN $DSGR $DTIL $EDRY $ENOV $EPAM $ESAB $ESTA $EVH $EVRG $FA $FISV $FOUR $FOX $FOXA $FSK $FTDR $FUN $FVR $FWONA $GCT $GEL $GENI $GEO $GHM $GLUBA $GNE $GOGO $GOLF $GPGI $GPRE $HAE $HIMX $HP $HTZ $HWM $IBP $IFRX $IMCR $IMVT $INSM $IOVA $IRWD $ITGR $ITT $KDP $KELYA $KOP $KVHI $KVUE $LAMR $LCLN $LCUT $LEE $LEG $LFST $LGND $LNG $LNTH $LOAR $LQDT $LXRX (1/2)
Top Earnings Th 8/6 Pre: $MAGN $MDU $MFIC $MGY $MHH $MMI $MMS $MTSI $NCDL $NINE $NLCP $NREF $NSIT $NTCT $NTLA $NUVB $NVAX $NVMI $NXST $OCGN $ONIT $OPTU $OSCR $OTEX $PAYO $PBH $PDYN $PENN $PH $PKOH $PLNT $PLTK $PMTS $PRAX $PRTH $PRVA $PTON $PZZA $QBTS $QSR $REAX $RGNX $RL $ROIV $RXO $SABR $SABS $SDHC $SGI $SHC $SHO $SPH $SRE $SRRK $SSTK $STWD $SUNS $TAP $TCPC $TDAY $TEAD $TFX $TGLS $TIC $TIGO $TRC $TRGP $TRIP $TSQ $U $UMAC $USFD $UUUU $UWMC $VAC $VIA $VISN $VITL $VNT $VSNT $VTRS $WBD $WD $WFCF $WMS $WRBY $XERS $ZLAB $ZTS (2/2)
$GOOG $GOOGL Google is in talks for a $1.5 billion-plus deal with AI coding agent startup Mechanize - BI
Upgrades 8/5: $ADM $AES $BMY $BTDR $CPNG $DLR $ELF $ENTG $EXPD $HUM $KNF $KTOS $PAC $PLD $RA $VGNT $WAT
Downgrades 8/5: $APTV $BALL $BBVA $BBY $BURL $FIS $HIW $HSBC $LMAT $NJR $PRCT $ROL $SNN $SRAD $SUJA $TDG $TRNS $VALE $VGNT
+Initiations 8/5: $BURL $CECO $CVEO $GRTX $OBX $TJX $TKNO
Top Shareholder Meetings: $ATEX $GRNT $UVV
Top Analyst/Investor Calls: $DVLT $FRMM $GPUS $PGR $SMG
Top Conferences: o DB Data center Conference o FFANY Week o Opp. Biotech Conference