Nifty 50 Retreats as New Closing Rule Rally Fades; Global Markets Mixed
Markets Daniel Marsh

Nifty 50 Retreats as New Closing Rule Rally Fades; Global Markets Mixed

India's Nifty 50 reversed gains tied to a new closing mechanism, while global markets showed mixed signals: Gulf shares advanced, Toyota's profit fell, and a dormant Bitcoin wallet moved $31 million.

CSL TM BP ABTC MCY CLS
Clorox Stock Climbs on FY2027 Sales Outlook, Yet Core Growth Stays Flat
Earnings James Calloway

Clorox Stock Climbs on FY2027 Sales Outlook, Yet Core Growth Stays Flat

Clorox (CLX) issued a fiscal 2027 sales growth forecast of 13-14%, beating consensus, but underlying organic growth is under 0.5% as acquisitions and ERP timing drive most of the gain. EPS guidance trails estimates.

CLX PG ECL CL
Powell Industries Shares Slide on Record Backlog Execution Concerns
Earnings James Calloway

Powell Industries Shares Slide on Record Backlog Execution Concerns

Powell Industries shares dropped 13.8% in after-hours trading as record backlog raises delivery concerns, despite Q3 revenue and EPS beating estimates.

POWL ETN HUBB VRT
Whirlpool Faces Steep H2 Cash Hurdle After EBIT Plunge
Earnings James Calloway

Whirlpool Faces Steep H2 Cash Hurdle After EBIT Plunge

Whirlpool (WHR) needs over $1.4B in H2 free cash flow after Q2 EBIT dropped 69%. Shares slipped 1.7% in after-hours trading despite a 4.6% gain.

WHR
FBI Insider Crypto Case Spotlights Wallet Security as Bitcoin Steady
Crypto Sarah Chen

FBI Insider Crypto Case Spotlights Wallet Security as Bitcoin Steady

A former FBI supervisor's arrest for allegedly stealing crypto via memorized wallet passphrases has put key management in focus. Bitcoin held steady near $63.5K.

COIN HOOD MSTR
Sterling Infrastructure Q2 Revenue Soars 90%, But Margin Outlook Weighs on Shares
Earnings James Calloway

Sterling Infrastructure Q2 Revenue Soars 90%, But Margin Outlook Weighs on Shares

Sterling Infrastructure's Q2 revenue jumped 90%, but after-hours shares dropped 4.7% as the 2026 margin outlook implied a tighter incremental EBITDA margin.

STRL ECG
Vertex Raises Outlook as CF Dominates, Non-CF Push Faces Steep Climb
Earnings James Calloway

Vertex Raises Outlook as CF Dominates, Non-CF Push Faces Steep Climb

Vertex Pharmaceuticals raised its 2026 outlook after strong Q2, but non-CF drugs Casgevy and Journavx face a 53% H2 growth hurdle.

VRTX CRNX REGN GILD
AIFA Enters Mexico's Top 10 Airports, But Investors Eye Listed Operators
Markets Daniel Marsh

AIFA Enters Mexico's Top 10 Airports, But Investors Eye Listed Operators

AIFA's June international passenger traffic jumped 20.1% year-over-year, but H1 volumes remain 5.9% lower. Among listed operators, OMA rose 2.1%, while GAP and ASUR fell.

Delta Soars 4.75% as Oil Slump Lifts Airlines; Maintenance Costs Loom
Markets Daniel Marsh

Delta Soars 4.75% as Oil Slump Lifts Airlines; Maintenance Costs Loom

Delta Air Lines (DAL) rose 4.75% Monday as Brent crude fell 7%, boosting the sector. Yet maintenance costs per seat-mile climbed 15% last quarter, and a third Red Sox charter issue in six weeks raises service concerns.

DAL UAL AAL LUV ALK AAP
Ford Shares Stall Post-Earnings Despite Raised 2026 Profit Forecast
Earnings James Calloway

Ford Shares Stall Post-Earnings Despite Raised 2026 Profit Forecast

Ford's stock fell 1.7% to $14.43 despite a 10.5% midpoint increase in its 2026 adjusted EBIT guidance. The automaker also faces a production halt in Romania due to electricity supply issues.

F GM STLA
Wall Street Surges as Oil Slumps; Dow Hits Record, Tech Giants Add $537B
Markets Daniel Marsh

Wall Street Surges as Oil Slumps; Dow Hits Record, Tech Giants Add $537B

The Dow closed at a record high Monday as falling oil prices eased inflation worries. Megacap tech stocks surged, adding $537 billion in market value.

NVDA MSFT AMZN META AAPL UAL AAL NCLH
ON Semiconductor Q2 Beats Estimates, Cash Flow Surge Raises Questions
Earnings James Calloway

ON Semiconductor Q2 Beats Estimates, Cash Flow Surge Raises Questions

ON Semiconductor shares gained after Q2 results beat expectations, with revenue and EPS surpassing consensus. However, the company's cash flow growth was aided by working capital changes, raising sustainability concerns.

ON SYNA