BEFORE THE OPEN

Pre-Market:

US Investor % Bullish Sentiment:
↑ 41.38% for Week of JUL 10 2025

Market Wrap:

• Futures steady: Dow +49pts (-0.01%), S&P +0.08%, Nasdaq +0.07%

• S&P, Nasdaq hit fresh record closes Thursday

• Netflix dips after earnings beat but cautious outlook

• Retail sales & jobless claims show economic resilience

• 3M & AmEx report this morning

• Consumer sentiment reading due — est. 61.8

EARNINGS

Here’s what we’re watching this week:

• Today: 3M $MMM ( ▼ 1.06% ), American Express $AXP ( ▲ 0.39% ), Charles Schwab $SCHW ( ▼ 0.89% )

See full calendar here »

A MESSAGE FROM ALTIMETRY

Millionaire CPA: You Only Need 3 Stocks

Normally, I don't talk about what I'm doing with my own money.

But we are at a critical moment in the markets right now.

And I see so many people making huge mistakes, which I believe will cost them hundreds of thousands – or even millions – in the next few years.

So I told my team I want to put together a presentation that spells out exactly what I'm doing with most of my money now, and what I'm recommending to my own family and friends.

I essentially own just 3 stocks—and I want to show you what they are and why I have so few holdings... plus I think you should own just these 3 stock investments for your core holdings too.

You don't need dozens of stocks—you just need these 3.

You can watch the presentation that we just recorded in Boston, on our website—click here to view.

Good investing,

Joel Litman
Chief Investment Strategist, Altimetry

The investment results described in these testimonials are not typical; investing in securities carries a high degree of risk; you may lose some or all of the investment.

HEADLINES

Crypto Market Gets Major Win as Congress Passes Stablecoin Bill

China Commerce Minister Meets with Nvidia CEO in Beijing

• Wall Street lifted as data, corporate earnings show consumer strength (more)

• Retail sales rise more than expected in June (more)

• Homebuilders are slashing prices at the highest rate in 3 years (more)

• Dollar set for weekly gain as firm US data tempers Fed easing bets (more)

• US set to impose 93.5% tariff on battery material from China (more)

• Foreign holdings of US Treasuries rise in May despite China drop (more)

• Asian shares track Wall Street higher, yen weak ahead of Japan vote (more)

• Uber inks six-yr robotaxi deal with Lucid, invests $300M in EV company (more)

• AI startup Perplexity valued at $18 billion with new funding (more)

• Meta hires two key Apple AI experts after poaching their boss (more)

• Netflix’s net income leaps to $3.1 billion (more)

• Union Pacific, Norfolk Southern discuss merger (more)

• London weighs changes to IPO rules to attract foreign capital (more)

DEALFLOW

M+A | Investments

• Union Pacific explores acquisition of Norfolk Southern

• DealMaker acquires Rally On Media

• Wagestream acquires Zippen

• Talen Energy to acquire power stations in PA & OH for $3.5 B

• Teneo acquires PwC’s Australia restructuring unit

• Union Pacific explores Norfolk Southern acquisition

• Amperon receives strategic investment from Acario

VC

• Boulevard, a client experience platform purpose-built for appointment-based, self-care businesses, raised $80M in Series D funding

• GigaIO, a provider of scalable infrastructure designed for AI inferencing, raised $21M in the First Tranche of its Series B funding

• Blockskye, a global travel infrastructure company, closed a $15.8M funding round

• Empirical Security, a cybersecurity company enabling organizations with Custom AI models, raised $12M in Seed funding

• BQP, a dual-use quantum-accelerated simulation software company, raised $5M in funding

• Receive, a fintech startup democratizing financial access for small businesses, emerged from stealth mode with a $4M Seed round

• Kilsar, an AI software company specializing in tribal knowledge capture and maintenance training, raised $3.7M in Seed funding

• Occupi, a fintech company providing payment solutions for property management, raised $3.1M in Seed funding

• Backstroke, a generative AI email marketing platform for e-commerce brands, raised $2.8M in funding

• Oh Norman!, a pet wellness brand, raised $2.08M in its latest round of funding, bringing the brand's total funding to over $5M

• Bonsai, a marketing intelligence platform, received a $1.8M investment

• Loro, a platform empowering specialty insurance distribution, raised $1.1M seed funding

• Molecule Software, an advanced energy trading risk management platform, raised an undisclosed amount in Series B funding

CRYPTO

• GENIUS Act heads to Trump’s desk: Here’s what will change (more)

• Crypto market cap nears $4T, just behind the biggest company in the world (more)

• Trump eyes executive order to open up retirement funds to crypto (more)

BULLISH BITES

💰 My mom is a millionaire thanks to these 3 stocks » * 

💥 Türkiye time: How Trump’s Fed pressure could backfire.

🤖 China is spending billions to become an AI Superpower.

📊 Private assets may soon be an option in 401(k)s. Should you invest?

📝 It’s time to rethink the one-page résumé.

DAILY SHARES

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