SCHD Leads ETF Inclusion Lists as Yield Gap and Sector Rotation Signal Shift
Markets Daniel Marsh

SCHD Leads ETF Inclusion Lists as Yield Gap and Sector Rotation Signal Shift

SCHD appears on three new ETF lists from July 8-10, 2026, but its 85-basis-point yield gap versus Treasuries and heavy underweight in tech suggest a broader sector rotation.

SCHD SPY MORN JEPI
Delta Premium Revenue Surpasses Main Cabin for First Time
Earnings James Calloway

Delta Premium Revenue Surpasses Main Cabin for First Time

Delta Air Lines (DAL) reported premium ticket revenue exceeded main cabin for the first time in Q2 2026, with a $517 million shift in revenue mix.

DAL UAL AAL LUV
Circle Shares Surge 14.6% on OCC Trust Bank Approval, Adding $2.3B in Value
Regulation James Calloway

Circle Shares Surge 14.6% on OCC Trust Bank Approval, Adding $2.3B in Value

Circle shares soared 14.6% in premarket trading after receiving final OCC approval to establish a national trust bank, boosting market cap by $2.3B.

CRCL COIN
SK Hynix's $26.5B U.S. Debut Sparks Tech Rotation, Pressures Micron
IPO Michael Okonkwo

SK Hynix's $26.5B U.S. Debut Sparks Tech Rotation, Pressures Micron

Nasdaq futures dropped 0.35% as SK Hynix's $26.5B U.S. listing puts Micron's 21% premium in focus. Tech stocks face rotation amid rate hike bets and geopolitical risks.

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Lloyds Shares Edge Higher as Buyback Provides Key Support Level
Markets Daniel Marsh

Lloyds Shares Edge Higher as Buyback Provides Key Support Level

Lloyds shares gained 0.76% to 112.55p, trading near the average price of its latest 24-million-share buyback. The BoE's hawkish stance and proposed capital rule easing provide support, though housing weakness and motor finance uncertainty remain.

Micron's $48B Surge Fades as SK Hynix US Debut Looms
Markets Daniel Marsh

Micron's $48B Surge Fades as SK Hynix US Debut Looms

Micron Technology (MU) slips 1.7% in premarket after a $48 billion market cap jump, as SK Hynix begins US trading. Analysts compare valuations amid AI memory demand.

MU
Netflix Edges Higher on Live-TV Plans; Cash Yield in Focus
Markets Daniel Marsh

Netflix Edges Higher on Live-TV Plans; Cash Yield in Focus

Netflix (NFLX) shares edged up 0.2% premarket amid reports of live-TV and bundle plans to counter sluggish viewer engagement, with Q2 earnings due July 16.

NFLX WBD AMZN DIS GOOGL C
SMCI Rebound Masks Dilution Risk From Preferred Conversion and ATM
Analysis Daniel Marsh

SMCI Rebound Masks Dilution Risk From Preferred Conversion and ATM

SMCI's 7.6% two-session rebound leaves it only 2.7% above its June offering price, while potential dilution from preferred shares and an ATM program could add up to 28% to the share count.

SMCI DELL HPE
SpaceX Stock Retreats as Bond Yields Widen, Signaling Divergent Investor Sentiment
Markets Daniel Marsh

SpaceX Stock Retreats as Bond Yields Widen, Signaling Divergent Investor Sentiment

SpaceX stock slipped 1% ahead of Friday's open, pulling back from Thursday's 2.6% gain, as the company's 2036 bonds saw yields widen by 30 basis points.

MKTX JPM SPGI RKLB FLY
Ondas Shares Surge 4.1% as Post-DZYNE Equity Value Hits $4.7 Billion
Markets Daniel Marsh

Ondas Shares Surge 4.1% as Post-DZYNE Equity Value Hits $4.7 Billion

Ondas stock rose 4.1% to $7.65, with equity value reaching $4.7 billion after the DZYNE acquisition. The forward sales multiple is 9x the 2026 revenue target.

ONDS AVAV KTOS
Keel Infrastructure Stock Bounces as Leasing Progress Becomes Key Test
Analysis Daniel Marsh

Keel Infrastructure Stock Bounces as Leasing Progress Becomes Key Test

Keel Infrastructure shares rebound 9% in two days, but a wide valuation range underscores the uncertainty around converting power capacity into long-term data-center leases.

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Oracle Stock Rises Despite S&P Downgrade; $20B Share Sale Looms
Markets Daniel Marsh

Oracle Stock Rises Despite S&P Downgrade; $20B Share Sale Looms

Oracle stock climbs in premarket trading after a credit downgrade, while a $20B share sale threatens dilution.

ORCL MSFT GOOGL AMZN