Good morning.
The Fast Five → Markets reassess post-truce optimism with US-Iran conflict, Wall Street braces for blockbuster chip listing, Fed Chair Warsh announces task force heads, Goldman bans staff from prediction-market bets, and Eric Trump’s Bitcoin bet erases $600M from family fortune...
📌 A better retirement stock than Berkshire? It's already outperformed Apple, Amazon, and the S&P 500 – combined >>
(from Stansberry Research)
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Today:
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Your 5-minute briefing for Friday, July 10:
BEFORE THE OPEN
As of market close 7/9/2026.
Pre-Market:
Market Wrap:
Futures: Dow -43 (-0.08%), S&P -0.05%, Nasdaq -0.01%
Thu: Dow +0.3%, S&P +0.8%, Nasdaq +1.3%
Cooling oil prices helped lift stocks Thursday
Trump said Iran reached out to restart negotiations
Chipmakers rallied as earnings optimism supported tech
Nasdaq and S&P remain on track for weekly gains
Focus turns to SK Hynix’s US debut and Delta earnings
EARNINGS
Here’s what we’re watching today:
Today:
*Delta $DAL ( ▲ 2.21% ) - $1.47 EPS (-30% YoY) on $18.9B revenue (+13.2% YoY)
CNBC's "Prophet" Says Buy NOW, Before the Discount Vanishes —
Right now, a little-known company is building the closest thing to a virtual monopoly the AI era has ever seen.
Without what it controls, the entire AI boom grinds to a halt.
One billionaire put half his $9 billion fund into it.
Google's former CEO just partnered with it...
And CNBC's "The Prophet" calls it America's #1 retirement stock right now — trading at a rare discount.
- a sponsored message from Stansberry Research -
HEADLINES
South Korean chipmaker SK Hynix reportedly priced its US share sale at $149 per ADS, targeting a roughly $28 billion raise ahead of its Friday debut.
Investors are bracing for prolonged instability in the Middle East.
Wall St rises as chip rally offsets renewed Iran worries (more)
Trump: Iran called to make a deal after US strikes; unclear if war back on (more)
Fed Chairman Warsh announces task force heads (more)
Treasury yields move lower as traders weigh US-Iran tensions (more)
US relies more on foreign stock than debt flows, a dollar risk (more)
AI selloff drives quant funds' worst performance since August (more)
June home sales disappoint as prices reach an all-time high (more)
US direct-lending activity falls even as private credit firms raise more cash (more)
Global M&A activity on track to eclipse 2021 deal boom (more)
Meta to put AI chip into production, looks to double computing capacity (more)
OpenAI launches ChatGPT Work, adding to competition (more)
Micron boosts US investment plan again, commits $250B through 2035 (more)
Goldman wins $70B in asset management deals w/ Verizon, Lockheed Martin (more)
Former Fed chair Ben Bernanke joins Anthropic's AI oversight trust (more)
Kalshi talks with regulators to expand never-expiring derivatives to new areas (more)
Goldman bans staff from prediction-market bets on finance, war (more)
DEALFLOW
M+A | Investments
India's Apollo Micro to buy 41.3% stake in Premier Explosives
Nium acquires Cypher
Viken Detection receives investment from Morgan Stanley Expansion Capital
Amprion receives financing from Decathlon Capital Partners
VC
SambaNova, a chips, systems and cloud services provider, completed the first close of $1B in Series F funding
Databento, provider of a market data platform for modern finance, raised $97M in Series B funding
TJM Labs, a pharmacy AI platform, raised $75M in Series B funding
Ollama, a developer platform for open models, raised $65M in Series B funding
Sage, an integrated care platform for senior living and skilled nursing, raised $35M in debt facility from Stifel Bank
Allotera Therapeutics, a biotech developing allogeneic cell therapies for hematological malignancies, raised $35M in funding
QIZ Security, a cryptographic posture and post-quantum cryptography management platform, raised $17M in Seed funding
EdVisorly, an edtech platform for colleges and universities, raised $13.3M in Series A funding
Hostie, AI-powered virtual concierge services for restaurants, raised $12M in Series A funding
Cableteque, provider of a digital operating system, raised $6M in Seed funding
Oxipital AI, provider of a synthetic AI vision platform, raised Series A funding in undisclosed amount
Kuehnle AgroSystems, an algal biotech producing natural astaxanthin, closed Series B funding in undisclosed amount
CRYPTO
Bitcoin ETFs slip back to outflows while ether funds extend their streak (more)
Swift rolls out new blockchain ledger to bring 24/7 banking to 17 global giants (more)
Sony secures conditional approval to set up US stablecoin trust bank (more)
Eric Trump’s Bitcoin bet erases $600Mfrom family fortune (more)
BULLISH BITES
💰 A startup that builds AI agents used one to raise $100 million.
✈️ SpaceX and AI startup wealth fuels demand for private jets.
🥰 9 heartwarming moments from this year’s World Cup.
🥶 I survived a cold plunge and all I got was everything I ever wanted.
DAILY SHARES
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