Lloyds, ASML, Japan Stocks: Market Roundup for July 18, 2026
Markets Daniel Marsh

Lloyds, ASML, Japan Stocks: Market Roundup for July 18, 2026

Lloyds Banking Group shares rose 210% in five years but valuation signals remain split amidst regulatory easing. ASML surged 143% over 12 months, while Japan's market is seen withstanding a potential US AI-led drop.

ASML CCC UNG USO
NAB's Resilient Business Banking Drives Gain Amid Broader Market Slip
Markets Daniel Marsh

NAB's Resilient Business Banking Drives Gain Amid Broader Market Slip

NAB advanced 0.23% to A$39.85 on Friday, the only Big Four gainer, as cooling inflation supports its business banking segment, which contributed 51.6% of group cash earnings.

CSL Faces US$650M Revenue Headwinds Ahead of August Earnings Report
Earnings James Calloway

CSL Faces US$650M Revenue Headwinds Ahead of August Earnings Report

CSL Limited (ASX:CSL) disclosed three major revenue headwinds totaling US$650 million, representing 4.3% of FY26 forecast, as it prepares for its August 18 earnings report.

CSL
Macquarie Group's Deposit Push Tests Margin Resilience Near 52-Week High
Analysis Daniel Marsh

Macquarie Group's Deposit Push Tests Margin Resilience Near 52-Week High

Macquarie Group launches a 5.20% digital term deposit to attract retail funds, as shares trade near a 52-week high and margins face competitive pressure.

BHP Shares Dip as Escondida Drives Steep Copper Production Guidance Cut
Markets Daniel Marsh

BHP Shares Dip as Escondida Drives Steep Copper Production Guidance Cut

BHP shares fell 2.71% as FY27 copper guidance midpoint dropped 11.7%, with Escondida accounting for 93% of the decline. Record iron ore output failed to offset investor concerns.

BHP
CBA Outpaces Banking Peers Amid Spending Slowdown and Valuation Concerns
Markets Daniel Marsh

CBA Outpaces Banking Peers Amid Spending Slowdown and Valuation Concerns

Commonwealth Bank shares extended gains over peers last week, rising 1.73%, even as its premium valuation and slowing household spending raise questions.

CBAUF ANZBY
TeraWulf (WULF) Drops 17% as New York Order Casts Shadow Over 77% Out-of-State Pipeline
Markets Daniel Marsh

TeraWulf (WULF) Drops 17% as New York Order Casts Shadow Over 77% Out-of-State Pipeline

TeraWulf shares slumped 17% as a New York executive order threatens permit progress, while 77% of its open capacity sits outside the state.

WULF
Bank of America Stock Holds Gains as Rate Sensitivity Takes Center Stage
Earnings James Calloway

Bank of America Stock Holds Gains as Rate Sensitivity Takes Center Stage

Bank of America shares rose 2.7% for the week after earnings, as investors focused on rate sensitivity. NII grew 9%, but the bank's model shows a 2.2x greater downside from rate declines.

BAC JPM WFC KBE AXP
NextNRG Stock Surges After Cash Advance Highlights Financing Costs
Markets Daniel Marsh

NextNRG Stock Surges After Cash Advance Highlights Financing Costs

NextNRG shares rose 14.6% on Friday as a cash-advance disclosure underscored the cost of liquidity, with the shortfall representing nearly 65% of projected Q2 gross-profit growth.

NXXT
FG Merger II Completes Boxabl Deal After 83% Redemption
Markets Daniel Marsh

FG Merger II Completes Boxabl Deal After 83% Redemption

FG Merger II finalized its merger with Boxabl, leaving $14M in trust after 83% redemption. Shares surged 46% in after-hours trading.

FGMC
Ford's Warranty Accruals Drop 18.7%, Cash Outflows Rise: Quality Push Shows
Earnings James Calloway

Ford's Warranty Accruals Drop 18.7%, Cash Outflows Rise: Quality Push Shows

Ford's Q1 warranty accruals fell 18.7% year-over-year, but cash payments for warranties rose 2.1%. The divergence highlights quality gains yet to hit cash flow.

F GM
SELLAS Life Sciences Surges 12% as Equity Value Soars $1.6B
Analysis Daniel Marsh

SELLAS Life Sciences Surges 12% as Equity Value Soars $1.6B

SELLAS Life Sciences shares climbed 12.3% to $13.19, lifting estimated equity value by $1.62 billion since May. The REGAL trial's 80th event is pending.

SLS