Aside from Q2 earnings season reaching its busiest week of the cycle, we're also upon a new Jobs Week.
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All indexes closed last week in the green amid strong earnings from multiple technology companies, offsetting higher capital expenditure concerns.
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Strong tech earnings pushed the Nasdaq to a two-day gain of 3.8%. The S&P 500 finishes flat in July.
U.S. stocks rose despite a rout in Apple shares as Amazon’s earnings kept the artificial-intelligence recovery rolling. The broad S&P 500 gained 52.09 points, or 0.70%, to 7489.72 and the tech-heavy Nasdaq Composite added 251.68 points, or 1%, to 25373.85. The yield on the 30-year bond rose 0.068 percentage point to 5.274%, completing its largest monthly gain since December 2024.
Plus, Tesla considers sale of China business and Anthropic discloses that its software hacked three companies.
The world’s largest corporate holder of Bitcoin says it is navigating a period of “muted Bitcoin sentiment and market skepticism.”
The world’s largest corporate holder of Bitcoin says it is navigating a period of “muted Bitcoin sentiment and market skepticism.”

SpaceX stock came back under pressure Wednesday, reversing yesterday's bounce, as a broader market and tech selloff adds to investor caution ahead of SpaceX's first earnings report.

SpaceX stock came back under pressure Wednesday, reversing yesterday's bounce, as a broader market and tech selloff adds to investor caution ahead of SpaceX's first earnings report.
July 28 (Reuters) - The Nasdaq opened lower on Tuesday, mirroring a cautious mood across global markets toward AI chip stocks on concerns about hefty corporate spending and rising Chinese competition,
July 28 (Reuters) - Nasdaq futures fell on Tuesday, mirroring a cautious mood across global markets toward AI chip stocks on concerns about hefty corporate spending and rising Chinese competition,
It’s peak earnings season, and investors could be forgiven for wanting an escape hatch. Corporate America is delivering solid results, but it’s not helping stocks. Last night, chip maker Intel’s quarterly results blew past Wall Street estimates.

<body><p>STORY: U.S. stocks ended mixed on Friday, with the Dow gaining just under half a percent, the S&P 500 virtually flat and the tech-heavy Nasdaq sliding nearly two-thirds of a percent.</p><p>The S&P 500 technology index underperformed the broader market as chip stocks fell, with Intel dropping nearly 8% despite forecasting quarterly profit and revenue above Wall Street estimates.</p><p>Enthusiasm for the AI trade weakened after Alphabet's announcement earlier this week of a plan to hike capital spending even as it burns cash.</p><p>Richard Reyle, chief investment officer at Questar Capital Partners, said that as a result investors are rotating into what he called "safer parts of the market."</p><p>"Pharmaceuticals have been flying, and that's been, I think, where we see the rotation of the market right now. [FLASH] You look at the iShares, pharmaceutical fund, it's big components that are J&J and Eli Lilly, they're at all-time highs. And they're still relatively not super expensive stocks. So I think that's a place that can be bought and held. And of course, energy. Exxon's going to announce earnings next week. I bet they're going to be a blockbuster and they're going to continue to be because they make money at $60 a barrel. At $100 a barrel, forget about it. They do very well."</p><p>The S&P 500 real estate sector also outperformed during the session. Its leading gainer was Digital Realty Trust, which rallied 11% after it raised its full-year forecast for funds from operations.</p><p>Among other gainers, shares of SLB climbed 11% after the oilfield services firm beat expectations for second-quarter profit.</p><p>Investors now turn their attention to quarterly results next week from Magnificent 7 megacaps Microsoft, Amazon, Meta and Apple.</p></body>
The Dow rose on Friday, but the blue-chip index couldn’t stave off its third-consecutive weekly decline. The Nasdaq dropped 0.6%. Stocks traded sideways all day, as another slide in chip stocks dragged down the S&P 500 and Nasdaq.
July 24 (Reuters) - U.S. stock index futures edged higher on Friday after a tech-led selloff in the previous session, as investors weighed fresh earnings, escalating Middle East tensions and a new
Primoris has gotten torched over the last six months - since January 2026, its stock price has dropped 39.3% to $89.91 per share. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.