Good morning.
The Fast Five → Chip stocks lead Big Tech rally, SpaceX joins the Nasdaq 100 today, Samsung profits jump 1,800%, Microsoft cuts 4,800 jobs, and Trump rings opening bell from the Oval Office to mark first day of trading for Trump Accounts...
📌 Elon Just Spent $60 Billion of SpaceX Stock on What?
SpaceX has only been public for a couple weeks, and Elon's already closed his first multi-billion-dollar deal. But the media is missing the massive economic implications of this historic deal. Go here to find out what it means for you and your money »
(from InvestorPlace)
Calendar: Full Calendar »
Today:
None watched
Tomorrow:
FOMC Meeting Minutes, 2:00P
Your 5-minute briefing for Tuesday, July 7:
BEFORE THE OPEN
As of market close 7/6/2026.
Pre-Market:
Market Wrap:
Futures: Dow -28 (-0.1%), S&P +0.4%, Nasdaq +1.3%
Dow enters the week near the 53,000 milestone
Tech led futures higher despite last week's chip rotation
Financials, healthcare, and industrials broadened the rally
Semiconductors posted a second straight weekly decline
Strategists see rotation supporting the broader bull market
Focus shifts to the Fed's June meeting minutes tomorrow
EARNINGS
Here’s what we’re watching today:
WED: Levi Strauss $LEVI ( ▲ 1.11% )
THU:
*PepsiCo $PEP ( ▼ 0.65% ) - $2.21 EPS (+4.2% YoY), on $24B revenue (+5.7% YoY)
FRI:
*Delta $DAL ( ▼ 1.15% ) - $1.47 EPS (-30% YoY) on $18.9B revenue (+13.2% YoY)
Louis Navellier: "This Could Be Bigger Than Nvidia"
Popular Fox News guest Louis Navellier sat down for a tell-all interview on Elon Musk's little-known AI project in Tennessee.
He reveals why competitors are flying spy planes overhead… and details three little-known stocks (not Tesla) he believes will soar from this $7 trillion shift.
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HEADLINES
It’s the start of a critical week testing investor appetite in the AI boom.
At Tuesday's market open, SpaceX will be in the Nasdaq-100 index. That means holders of the Invesco QQQ Trust (QQQ), which tracks the index, will automatically own a piece of Musk's space and AI company.
S&P 500, Nasdaq close sharply higher as Broadcom rallies (more)
Trump rings opening bell to mark first day of trading for Trump Accounts (more)
Trump boosts Dell stock with White House remarks (more)
Fed's Waller says 'forward guidance' needs to be flexible (more)
ECB's Schnabel says Iran shock is not over (more)
Treasury yields are little changed as investors look to Fed meeting minutes (more)
US service sector growth dips in June; employment rebounds (more)
Oil slips after OPEC+ agrees to raise output targets (more)
Software's strongest segment regains record territory (more)
Samsung profits jump 1,800% as AI boom drives chip sales (more)
EasyJet soars 10% as budget airline agrees to $7.3B Castlelake takeover (more)
Rivian stock tumbles on 75 million share offering announcement (more)
Microsoft cuts 4,800 jobs, as Xbox unit downsizes and plans to spin off (more)
Toyota to build $3.6B Texas plant, shift some production from Mexico (more)
Klarna seeks US bank charter in latest push beyond buy now, pay later (more)
DEALFLOW
M+A | Investments
Vertex to buy Crinetics for $10B in rare-diseases push
Solstice to acquire Element Solutions in $14.5B deal
Lockheed Martin to buy Ultra Maritime for $3.45B
ITV and Comcast's Sky reshape British TV landscape with $2.1B deal
Blue Owl Fund buys minority stake in NBA's Cleveland Cavaliers
Eni deepens lithium push with $225M EnergyX deal in Chile
Rogers pays $3.1B for rest of Toronto's NBA and NHL Teams
Caspian acquired trade advisory firm Trade-IQ
EXL Service Holdings agreed to acquire iMerit
VC
Beeline Medicines, a biotech developing therapies for autoimmune diseases, raised $126.3M in Series A Extension funding
Bespoke Labs, an AI agent training platform, raised $40M in funding
Katalyze AI, an agentic operating system for pharmaceutical companies, raised $10.5M in Seed funding
Hypefy AI, developer of an AI-powered influencer marketing and campaign automation platform, raised $7.2M in Series A funding
Storika, an AI platform automating end-to-end influencer marketing for DTC brands, closed Seed funding in an undisclosed amount
CRYPTO
Saylor's Strategy dramatically ups pace of Bitcoin sales, raising $216M (more)
Trump Bitcoin reserve faces hurdles as departments seek control (more)
Bitmine added another $74M in Ether as Tom Lee bets on Clarity Act boost (more)
Russia's largest bank plans crypto wallet launch as Moscow clears path (more)
BULLISH BITES
🚀 SpaceX joins the Nasdaq-100. Here's what it means for the stock.
🚫 AI's next bottleneck isn't compute.
🫣 Saylor’s Strategy is trapped by its own broken Bitcoin math.
🏆 Robb Report’s Best of the Best 2026.
DAILY SHARES
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