News Bulletin
Tuesday, July 7th, 2026
Morning Edition
Economic Numbers:
|
Time |
Event |
Actual |
Forecast |
Previous |
|
Tuesday, July 7th, 2026 |
||||
|
7:00 |
FOMC Member Bowman Speaks |
|
|
|
|
7:15 |
ADP Employment Change Weekly |
|
|
30.75K |
|
7:30 |
Trade Balance (May) |
|
-78.30B |
-55.90B |
|
7:30 |
Exports (May) |
|
|
327.10B |
|
7:30 |
Imports (May) |
|
|
383.00B |
|
8:00 |
Redbook (YoY) |
|
|
10.50% |
|
10:00 |
IBD/TIPP Economic Optimism (Jul) |
|
45 |
42.5 |
|
11:00 |
NY Fed 1-Year Consumer Inflation
Expectations (Jun) |
|
|
3.50% |
|
11:30 |
Atlanta Fed GDPNow
(Q2) |
|
|
|
|
11:30 |
52-Week Bill Auction |
|
|
3.75% |
|
12:00 |
EIA Short-Term Energy Outlook |
|
|
|
|
13:00 |
3-Year Note Auction |
|
|
4.19% |
|
16:30 |
API Weekly Crude Oil Stock |
|
|
-6.072M |
Indices
|
|
CLOSE |
50 DMA |
200 DMA |
|
DJIA |
53,055.91 |
50,626.95 |
48,479.23 |
|
NASDAQ |
26,121.16 |
25,941.45 |
23,721.53 |
|
S&P 500 |
7,537.43 |
7,416.94 |
6,955.91 |
Earnings Calendar:
(EPS: Earning Per Share / Rev: Revenue / Mkt Cap : market Capital/ BMO :
Before Market Opening /AMC : After Market Close)
|
NAME |
COMPANY |
Mkt CAP |
EPS (Forcast) |
EPS (Actual) |
Revenue (Forcast) |
Revenue (Actual) |
Time |
|
EPAC |
Enerpac Tool Group |
$1.80B |
0.5 |
― |
$165.60M |
― |
BMO |
|
KRUS |
Kura
Sushi USA |
$699.84M |
-0.01 |
― |
$86.46M |
― |
BMO |
|
SAR |
Saratoga
Investment |
$363.75M |
0.56 |
― |
$31.38M |
― |
BMO |
|
PENG |
Penguin
Solutions |
$3.12B |
0.54 |
― |
$407.47M |
― |
BMO |
Market
News:
U.S. stock
futures are mixed ahead of the opening bell, with investors
focused on M&A activity, semiconductor weakness, Treasury yields, and
expectations for upcoming earnings and economic data. Premarket action is being
driven by a large biotech acquisition and selective AI-related trading
activity. Here are some of the key premarket movers:
Here are
some of the key premarket movers:
Crinetics Pharmaceuticals (NASDAQ: CRNX) surged nearly
99% after Vertex Pharmaceuticals agreed to acquire the company for approximately
$10 billion in cash, valuing shares at $85 each.
Micron
Technology (NASDAQ: MU) fell about 5% in premarket trading as
semiconductor stocks faced broad selling pressure. Nvidia
and other chip names were also trading weaker before the open.
Palladyne AI (NASDAQ: PDYN) gained in early trading as investors
continued to show interest in AI-related equities.
Trident
Digital Tech (NASDAQ: TDTH) jumped more than 50% after management
announced the conversion of approximately $8 million of debt into equity,
strengthening the balance sheet.
Bluejay Diagnostics (NASDAQ: BJDX) advanced
sharply on unusually heavy trading volume, making it one of the morning's
biggest gainers.
SU Group
Holdings (NASDAQ: SUGP) rallied strongly and ranked among the
session's top percentage gainers.
Lianhe Sowell International (NASDAQ: LHSW) dropped more
than 30%, leading premarket decliners as traders took profits following recent
gains.
KIDZ AI
(NASDAQ: KIDZ) traded lower, joining several small-cap technology
names under pressure.
Market
Themes This Morning
Biotech
M&A is the dominant positive catalyst, led by Vertex's
acquisition of Crinetics.
Semiconductors
are under pressure, with Micron among the notable losers and broader weakness
affecting the chip sector.
AI-related
stocks continue to attract speculative interest, though
performance is mixed across the group.
Most watched large-cap names today: NVDA, MU, COIN, and biotech
acquirers/targets following the Vertex–Crinetics deal.
For
internal use only