U.S. Stocks Show Mixed Results as Tech Sector Weakens
Markets Daniel Marsh

U.S. Stocks Show Mixed Results as Tech Sector Weakens

U.S. stocks opened mixed Thursday, with the S&P 500 down 0.12% as tech stocks lagged, while the Dow rose 0.21% and the Russell 2000 gained 0.43%, signaling a rotation out of semiconductors.

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JPMorgan's Guidance Update Tests Premium Valuation Amid Balanced Outlook
Earnings James Calloway

JPMorgan's Guidance Update Tests Premium Valuation Amid Balanced Outlook

JPMorgan Chase raised its 2026 interest-income and expense forecasts by $2.5B each, leaving net earnings unchanged. The stock's premium valuation hinges on revenue outpacing costs.

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ASML Shares Edge Up as Q4 Revenue Guidance Points to €14.4B
Earnings James Calloway

ASML Shares Edge Up as Q4 Revenue Guidance Points to €14.4B

ASML shares edged up 0.3% as the company raised its 2026 sales guidance to €43-45 billion, implying Q4 revenue of €14.4 billion, beating analyst expectations.

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PayPal Stock Rises 2.4% on 72% Implied Odds of Stripe-Advent Buyout
Markets Daniel Marsh

PayPal Stock Rises 2.4% on 72% Implied Odds of Stripe-Advent Buyout

PayPal shares rose 2.4% to $56.86 as traders see a 72% probability of a $60.50 takeover by Stripe and Advent International.

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BlackRock Gains as Active Strategies Drive Fee Revenue Growth
Earnings James Calloway

BlackRock Gains as Active Strategies Drive Fee Revenue Growth

BlackRock shares rose 1.1% as active strategies, 24% of AUM, drove 42% of base-fee and lending revenue, highlighting fee growth over asset records.

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Seagate Stock Slides 6.5% Ahead of Q4 Earnings Report
Earnings James Calloway

Seagate Stock Slides 6.5% Ahead of Q4 Earnings Report

Seagate shares dropped 6.5% to $774.19 in early Nasdaq trading as the market looks ahead to its fiscal Q4 earnings release on July 28.

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Trump's 21,000 Trades Signal Policy Ties, Not Stock Picking Acumen
Analysis Daniel Marsh

Trump's 21,000 Trades Signal Policy Ties, Not Stock Picking Acumen

Donald Trump's trading history involves over 21,000 trades across eight accounts, emphasizing policy-linked holdings rather than stock picking skill.

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Kalshi's Flight Cancellation Contracts Hit Data Snag
Regulation James Calloway

Kalshi's Flight Cancellation Contracts Hit Data Snag

Kalshi's flight-cancellation contracts face a settlement data gap as FlightAware rejects use and BTS data lags, limiting their value as a risk signal.

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Netflix Ad Revenue Forecasts Surge 10% Above Guidance, Driving Growth
Earnings James Calloway

Netflix Ad Revenue Forecasts Surge 10% Above Guidance, Driving Growth

Netflix shares edged down 0.3% as early analyst estimates for 2026 ad revenue hit $3.3 billion, exceeding the company's $3 billion target by 10%.

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Walmart's AI Integration Yields $706 Million Margin Boost
Earnings James Calloway

Walmart's AI Integration Yields $706 Million Margin Boost

Walmart Inc. (NASDAQ: WMT) said a 0.1-point margin increase from AI added $706 million. The retailer is pushing AI to boost margins and fill 200,000 jobs.

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AtaiBeckley Soars on Lilly Deal; Market Weighs Milestone Value
Markets Daniel Marsh

AtaiBeckley Soars on Lilly Deal; Market Weighs Milestone Value

AtaiBeckley shares surged 31% to $7.04 after Eli Lilly agreed to acquire the company for up to $9.25 per share, including contingent payments. The stock sits just $0.29 above the cash offer, reflecting cautious market expectations for milestones.

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Nvidia Dips as Japan's GPU Target Spurs Demand Growth Questions
Markets Daniel Marsh

Nvidia Dips as Japan's GPU Target Spurs Demand Growth Questions

Nvidia shares slid on Thursday as Japan's plan to buy 27,500 GPUs by 2028 sparked fresh debate about the trajectory of AI chip demand, with the order equating to roughly 1.5% of analyst shipment estimates.

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