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The Fast Five → US slaps 50% tariffs on Canadian goods, Trump vows retaliation after US deaths, BlackRock seeks to raise $12B for data centers, Jersey Mike's begins IPO road show, and Goldman picks 36 market winners that aren't AI...

📌 Elon Musk is now paying you 15X more than your bank… Thanks to a project he's been working on for the last 27 years. All you have to do is sign up for his new bank.
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(from InvestorPlace)

Calendar: Full Calendar »

  • Today:
    Leading Economic Indicators, 10A

  • Tomorrow:
    None scheduled

Your 5-minute briefing for Tuesday, July 21:

BEFORE THE OPEN

As of market close 7/20/2026.

Pre-Market:

Market Wrap:

  • Futures: Dow +14 (+0.03%), S&P flat, Nasdaq flat

  • Mon: Dow -307 (-0.59%), S&P -0.19%, Nasdaq -0.05%

  • Higher oil prices pressured stocks amid Iran tensions

  • Chip stocks stabilized after last week's sharp selloff

  • Investors are watching AI spending this earnings season

  • Higher bond yields continue pressuring valuations

  • Focus shifts to GM, 3M, Alphabet, Tesla, and IBM earnings

EARNINGS

Here’s what we’re watching today:

See full earnings calendar »

FROM INVESTORPLACE

Elon’s New Currency (Buy Now)

It's bigger than SpaceX… xAI… or anything Tesla is working on.

And it could launch a $480 Trillion disruption, thanks to a massive rollout that's already begun all over America.

Because Elon's new move targets the biggest market of them all… He's now launching a CURRENCY system.

Here's exactly what to buy to profit »

- a sponsored message from InvestorPlace Media -

HEADLINES

US to Slap 50% Tariffs on Canadian Goods

The Trump admin said Monday that it will impose an additional 50% tariff on certain Canadian goods — accusing Canada of discriminating against US exports.

Goldman Sachs Picks 36 Market Winners that Aren't AI Stocks

A new note from the Goldman Sachs team, led by strategist Ben Snider, laid out several non-AI investing themes.

  • S&P 500 and Nasdaq close lower as chip stock rebound fails (more)

  • Trump vows retaliation against Iran after US deaths: 'They will pay' (more)

  • Trump orders tightening of defense supply-chain waiver rules (more)

  • Trump admin's head of AI safety agency resigns after 3 months on job (more)

  • US Treasury yields edge higher as Wall St monitors Middle East tensions (more)

  • Markets price in two ECB rate hikes by early 2027 on inflation concerns (more)

  • Oil prices turn lower after Iran says US talks could be pursued (more)

  • Gas again tops $4 per gallon as Iran fighting persists (more)

  • Gold little changed as investors weigh US-Iran developments (more)

  • China's car market heads for worst year since 2021 as sales plunge 20% (more)

  • Judge orders Paramount to temporarily pause Warner Bros acquisition (more)

  • Lockheed to make cheaper Patriot interceptors as air defense demand soars (more)

  • Archer rips 20% higher as company unveils military craft with Anduril (more)

  • Google jumps on report company is developing new AI chip (more)

  • Domino's beats estimates as supply-chain business offsets weak demand (more)

  • AMC posts surprise profit as summer blockbusters boost US box office (more)

  • BlackRock seeks to raise $12B from bond sale to finance data center (more)

  • Netflix taps bond market as sales growth slows (more)

  • Jersey Mike's begins IPO road show, targets valuation of up to nearly $8B (more)

  • Samsung Biologics makes $1.8B all-cash offer for PolyPeptide Group (more)

DEALFLOW

M+A | Investments

  • Magnolia Oil & Gas to buy WildFire Energy in $4.06B deal

  • LXP Industrial Trust agrees to $5.2B deal by Brookfield, CPP Investments

  • Tempus to buy cancer test maker Personalis for $1.5B

  • BP to sell Austrian mobility, convenience and EV charging businesses

  • Quorum receives strategic investment from Enlightenment Capital

VC

  • General Compute, an inference neocloud solutions company, raised up to $400M in Debt funding

  • Emergent, an AI software creation platform, raised $130M in Series C funding

  • Neo, an agentic software control company, raised $100M in funding

  • Empirical Security, a cybersecurity company building foundational and predictive models for exposure management, raised $25M in Series A funding

  • Runta, developer of runtime execution layers and sandboxing infrastructure for AI agents, raised $20M in Seed funding

  • Reo.Dev, an AI-native GTM platform for companies selling to engineering and technical teams, raised $11.3M in Series A funding

  • Self Inspection, a vehicle health recording system, raised $10M in funding

  • Trellis Bioscience, a biotech developing a treatment for intractable infectious diseases, raised $9M in Series C funding

  • Sonata, an AI-driven preventive healthcare membership platform, emerged from stealth after securing $7M in Seed funding

  • Apaluma, a company turning fragmented regulatory records into a unified ecosystem, raised $5.55M in Seed funding

  • Final Boss Sour, a gaming-themed snack brand, raised $4M in funding

  • Mandrake Bio, developer of AI-powered protein design and programmable gene-editing enzymes, raised approx. $1.9M in Pre-Seed funding

  • Databricks, a data and AI company, announced strategic funding in undisclosed amount

  • Extellis, a company dedicated to reliable satellite imagery at industrial scale, extended its Seed round in undisclosed amount

  • Members Mobile CUSO, a financial solutions company, received a strategic investment in undisclosed amount

CRYPTO

  • BTC hits $65K wall as stocks battle ‘record’ institutional tech sell-off (more)

  • Strategy raises cash reserves to $3.2B, leaving Bitcoin holdings unchanged (more)

  • Hut 8, IREN deals lift AI-focused Bitcoin mining stocks (more)

  • Bitcoin ETFs see new money again, but inflows remain 'peanuts' relative to the recent exodus (more)

BULLISH BITES

🚨 I paid $5,000 to hear Elon say this… *

🚀 First private Indian craft reaches orbit.

📊 SpaceX in your index fund, explained.

🤑 Nvidia CEO Jensen Huang's iconic jacket auctioned for $960K.

🌴 The 15 Best luxury resorts in the Maldives.

DAILY SHARES

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