News Bulletin
Wednesday, July 29, 2026
Evening Edition

Economic Numbers:

Time

Event

Actual

Forecast

Previous

Wednesday, July 29, 2026

10:30

Crude Oil Inventories

-7.167M

0.700M

2.010M

10:30

Cushing Crude Oil Inventories

-0.771M

 

-0.674M

14:00

Fed Interest Rate Decision

3.75%

3.75%

3.75%

14:00

FOMC Statement

 

 

 

14:30

FOMC Press Conference

 

 

 

 

Indices
 

 

CLOSE

50 DMA

200 DMA

DJIA

51,594.86

51,597.61

48,985.95

NASDAQ

24,442.94

25,979.87

23,970.61

S&P 500

7,316.15

7,468.47

7,015.75

Earnings Calendar:

(EPS: Earning Per Share / Rev: Revenue / Mkt Cap: market Capital/ BMO: Before Market Opening /AMC: After Market Close)

   COMPANY

EPS  Act

EPS Fore

Rev Act

Rev Fore

Mkt Cap

Time

MicrosoftMSFT:US

4.74

4.24

90.01B

87.61B

$2.94T

PM

MetaFB:US

6.18

7.18

60.8B

60.18B

$1.49T

PM

Costco WholesaleCOST:US

-

4.89

-

68.67B

$433.88B

PM

P&GPG:US

1.43

1.42

21.2B

21.46B

$341.45B

AM

Lam ResearchLRCX:US

-

1.68

-

6.65B

$330.68B

PM

AmphenolAPH:US

1.35

1.16

8.8B

8.18B

$184.19B

AM

QualcommQCOM:US

-

2.23

-

9.68B

$179.30B

PM

StarbucksSBUX:US

-

0.66

-

9.21B

$117.15B

PM

ADPADP:US

2.64

2.59

5.48B

5.43B

$113.75B

AM

FortinetFTNT:US

-

0.74

-

1.89B

$112.10B

PM

General DynamicsGD:US

4.24

3.92

14.1B

13.44B

$107.17B

AM

EquinixEQIX:US

-

4.62

-

2.58B

$97.65B

PM

Johnson ControlsJCI:US

1.42

1.29

6.6B

6.46B

$93.99B

AM

RobinhoodHOOD:US

-

0.41

-

1.22B

$79.37B

PM

O'Reilly AutomotiveORLY:US

-

0.86

-

4.87B

$77.87B

PM

Boston ScientificBSX:US

0.86

0.83

5.44B

5.37B

$67.01B

AM

Public StoragePSA:US

-

2.53

-

1.23B

$58.63B

PM

L3Harris TechnologiesLHX:US

-

2.8

-

5.78B

$56.47B

AM

AutoZoneAZO:US

-

36.2

-

4.86B

$52.58B

AM

Old Dominion Freight LineODFL:US

1.68

1.49

1.55B

1.51B

$47.77B

AM

EntergyETR:US

1.03

1.13

3.55B

3.61B

$46.87B

AM

Chipotle Mexican GrillCMG:US

-

0.32

-

3.33B

$46.27B

PM

CBRE GroupCBRE:US

1.56

1.5

11.23B

11.19B

$46.06B

AM

HumanaHUM:US

7.61

7.23

40.89B

40.56B

$44.05B

AM

VentasVTR:US

-

0.14

-

1.67B

$39.36B

PM

Vulcan MaterialsVMC:US

2.59

2.63

2.16B

2.16B

$37.60B

AM

WEC EnergyWEC:US

0.91

0.83

2.06B

2.11B

$35.31B

AM

Fair IsaacFICO:US

-

11.69

-

676.1M

$33.78B

PM

BiogenBIIB:US

3.6

3.21

2.74B

2.43B

$31.46B

AM

Verisk AnalyticsVRSK:US

1.98

1.93

806.3M

804.07M

$30.80B

AM

Vici PropertiesVICI:US

-

0.71

-

1.04B

$28.19B

PM

American Water WorksAWK:US

-

1.56

-

1.33B

$27.24B

PM

Cognizant Technology SolutionsCTSH:US

1.37

1.38

5.5B

5.49B

$26.92B

AM

MarkelMKL:US

-

29.24

-

4.28B

$26.64B

 

WoodwardWWD:US

-

2.41

-

1.1B

$24.05B

PM

FortiveFTV:US

0.74

0.7

1.1B

1.07B

$21.49B

AM

C.H. Robinson WorldwideCHRW:US

-

1.52

-

4.29B

$19.50B

PM

Essex PropertyESS:US

-

1.45

-

485.28M

$18.99B

PM

Invitation HomesINVH:US

-

0.17

-

709.65M

$18.43B

PM

MascoMAS:US

1.64

1.32

1.99B

2.08B

$18.24B

AM

Lexington RealtyLXP:US

-1.5

 

87.14M

80.59M

$17.85B

AM

Clean HarborsCLH:US

3.22

2.74

1.74B

1.63B

$17.60B

AM

IDEXIEX:US

2.32

2.11

921M

903.3M

$17.35B

AM

Mid-America Apartment CommunitiesMAA:US

-

0.78

-

557.39M

$16.05B

PM

PTCPTC:US

-

1.59

-

613.78M

$15.58B

PM

Lennox InternationalLII:US

7.72

7.58

1.5B

1.55B

$15.43B

AM

Penske AutomotivePAG:US

3.62

3.48

8.5B

7.97B

$14.92B

AM

Regency CentersREG:US

-

0.6

-

411.92M

$14.89B

 

Carlisle CompaniesCSL:US

-

6.42

-

1.48B

$14.74B

PM

BungeBG:US

2

1.95

24.04B

23.19B

$14.72B

AM

Tyler TechnologiesTYL:US

-

3.1

-

648.79M

$14.51B

PM

MGM Resorts InternationalMGM:US

-

0.54

-

4.44B

$14.46B

PM

Stanley Black & DeckerSWK:US

1.57

1.2

4B

3.96B

$14.35B

AM

Align TechnologyALGN:US

-

2.63

-

1.06B

$13.56B

PM

Omega Healthcare InvestorsOHI:US

-

0.51

-

267.66M

$12.57B

PM

Service InternationalSCI:US

-

0.88

-

1.08B

$12.43B

 

Ares CapitalARCC:US

0.47

0.47

768M

770.31M

$12.29B

AM

Evercore PartnersEVR:US

2.91

2.54

990.2M

890.4M

$11.87B

AM

GeneracGNRC:US

2.91

2

1.17B

1.18B

$11.84B

AM

Lithia MotorsLAD:US

10.03

8.71

9.8B

9.64B

$11.51B

AM

Antero ResourcesAR:US

-

0.92

-

1.55B

$10.89B

PM

Antero Midstream PartnersAM:US

-

0.27

-

326.45M

$10.49B

PM

LittelfuseLFUS:US

4.19

3.78

739M

702.72M

$10.36B

AM

OGE EnergyOGE:US

0.56

0.56

711.9M

770.08M

$9.97B

AM

Corcept TherapeuticsCORT:US

-

0.01

-

217.85M

$9.79B

PM

Modine ManufacturingMOD:US

-

1.38

-

891.14M

$9.67B

PM

FlowserveFLS:US

-

0.86

-

1.16B

$9.23B

PM

Tetra TechTTEK:US

0.42

0.4

1.31B

1.05B

$9.19B

PM

HexcelHXL:US

-

0.57

-

524.91M

$8.76B

PM

MorningstarMORN:US

-

2.82

-

647.87M

$8.45B

PM

MGIC InvestmentMTG:US

-

0.77

-

297.9M

$8.34B

PM

Sprouts Farmers MarketSFM:US

1.37

1.34

2.32B

2.33B

$8.10B

PM

Ionis PharmaceuticalsIONS:US

0.650943396

 

268M

190.53M

$8.04B

AM

KirbyKEX:US

1.67

1.62

922.39M

861.93M

$7.85B

AM

Taylor Morrison HomeTMHC:US

-

1.14

-

1.53B

$7.71B

 

OneMain HoldingsOMF:US

1.31

1.37

1.32B

1.28B

$7.60B

AM

National Fuel GasNFG:US

-

1.42

-

562.32M

$7.54B

PM

NewMarketNEU:US

-

-

-

-

$7.43B

PM

Eagle MaterialsEXP:US

3.29

3.41

651M

621.37M

$7.32B

AM

Pilgrim's PridePPC:US

-

0.95

-

4.75B

$7.05B

PM

Prosperity BancsharesPB:US

1.67

1.49

391.25M

380.13M

$6.96B

AM

Silicon LaboratoriesSLAB:US

-

0.7

-

226.75M

$6.94B

AM

Sensata TechnologiesST:US

-

0.93

-

968.1M

$6.88B

PM

VFVFC:US

1.227272727

 

1.67B

1.64B

$6.87B

AM

FormFactorFORM:US

-

0.61

-

240M

$6.64B

 

Churchill DownsCHDN:US

3.45

3.46

980M

977.85M

$6.55B

PM

PlexusPLXS:US

-

2.13

-

1.23B

$6.48B

PM

SeaboardSEB:US

-

-

-

-

$5.61B

 

Universal Forest ProductsUFPI:US

-

1.42

-

1.79B

$5.43B

PM

BalchemBCPC:US

-

1.31

-

268.5M

$5.36B

 

MYRMYRG:US

-

2.6

-

994.57M

$5.29B

PM

Meritage HomesMTH:US

-

1.3

-

1.43B

$5.21B

PM

Tfs FinancialTFSL:US

-

0.08

-

85.87M

$5.12B

 

EPR PropertiesEPR:US

-

0.75

-

158.28M

$4.90B

PM

Moelis & CompanyMC:US

-

0.61

-

375.99M

$4.64B

PM

SilganSLGN:US

0.98

0.96

1.64B

1.62B

$4.52B

AM

The Chefs' WarehouseCHEF:US

0.78

0.58

1.17B

1.12B

$4.37B

AM

NorthwesternNWE:US

-

0.53

-

374.37M

$4.36B

PM

Pennymac Financial ServicesPFSI:US

-

2.42

-

605.22M

$4.30B

PM

M Fi HomesMHO:US

3.14

3.6

1.1B

1.13B

$4.26B

AM

Option Care HealthBIOS:US

0.45

0.43

1.44B

1.42B

$4.03B

AM

Scotts Miracle-GroSMG:US

2.82

2.48

1.17B

1.17B

$3.99B

AM

Patterson Uti EnergyPTEN:US

-

-0.05

-

1.14B

$3.84B

 

Comstock ResourcesCRK:US

-

0.04

-

429.96M

$3.66B

PM

Q2QTWO:US

-

0.68

-

216.85M

$3.58B

PM

CVR EnergyCVI:US

-

0.68

-

2.23B

$3.50B

PM

ArcBestARCB:US

2.38

2

1.2B

1.17B

$3.35B

AM

HawkinsHWKN:US

-

1.41

-

305.37M

$2.91B

PM

Mcgrath RentMGRC:US

1.37

1.53

221.11M

236.51M

$2.88B

PM

CBIZCBZ:US

0.91

0.71

682.21M

697.93M

$2.74B

PM

Stock Yards BancorpSYBT:US

1.31

1.13

114.57M

111.17M

$2.57B

AM

Peabody EnergyBTU:US

2.055555556

 

1B

1.02B

$2.51B

AM

Pebblebrook HotelPEB:US

-

0.11

-

397.55M

$2.34B

PM

BlackbaudBLKB:US

1.33

1.35

290.59M

292.2M

$2.17B

AM

Five9FIVN:US

-

0.68

-

306.43M

$2.08B

 

InsperityNSP:US

-

0.37

-

1.68B

$2.08B

PM

Strayer EducationSTRA:US

1.76

1.75

337.47M

327.55M

$2.00B

AM

Provident Financial ServicesPFS:US

-

0.56

-

228.42M

$1.82B

PM

StepanSCL:US

1.18

0.61

684.1M

635.86M

$1.43B

AM

Helix Energy SolutionsHLX:US

-

0.07

-

321.44M

$1.37B

 

Integra LifeSciencesIART:US

0.56

0.48

418.8M

417.62M

$1.37B

AM

CONMEDCNMD:US

-

1.11

-

340.64M

$1.36B

PM

FMCFMC:US

-

0.21

-

893.11M

$1.29B

PM

EmployersEIG:US

-

0.56

-

208.81M

$1.22B

PM

Empire State RealtyESRT:US

-

-

-

194.98M

$970.50M

 

Apollo Commercial Real Est FinanceARI:US

-

0.17

-

80.52M

$928.50M

 

Pennymac Mortgage InvestmentPMT:US

-

0.31

-

93.56M

$844.80M

PM

 

Market News:

U.S. stocks on Wednesday slumped, weighed down by an extended decline in chip stocks and surging oil prices.

 

Equities had earlier cut some losses after the Federal Reserve held interest rates steady, removing some jitters amid market participants about a possible rate hike instead. However, three policymakers dissented with the decision and voted to tighten policy, underscoring the extent to which volatile oil prices have complicated the central bank’s job.

 

The focus is now on quarterly results from tech titans Microsoft and Meta Platforms after the closing bell, which will represent the next major test for the slumping artificial intelligence trade. 

 

The benchmark S&P 500 index shed 1.5% to end at 7,321.63 points, the tech-heavy NASDAQ Composite declined 1.7% to close at 24,442.94 points, and the blue-chip Dow Jones Industrial Average fell 2.2% to settle at 51,594.86 points.

Divided Fed shows growing dissent over how to handle inflation

The Federal Open Market Committee (FOMC) on Wednesday kept the federal funds rate unchanged at 3.50%-3.75%. The focus is now on new Chair Kevin Warsh’s upcoming press conference.

 

The Fed’s job has been complicated by the dynamic situation in the Middle East and the volatility in oil prices since its last rate decision in mid-June. At that time, crude benchmarks were elevated, prompting nearly half of the FOMC’s members to pencil in anticipated rate hikes this year. Oil slid soon after that following the inking of an interim peace deal between the U.S. and Iran, only for that agreement to fall apart this month and lead to a resurgence in crude prices.

 

While the Fed decided to hold rates steady, three regional presidents - Beth Hammack, Neel Kashkari, and Lorie Logan - voted against the action and instead preferred to raise rates by 25 basis points. The dissent showed that policymakers were divided over how to combat resurgent inflation driven in part by the Middle East conflict. 

 

At the post-decision press conference, Warsh said the FOMC had a "good family fight" and an "active, robust" discussion centered on four areas: persistent inflation, recent economic shocks, price pressures arising from those shocks, and monetary policy tools. He also said the dissents by the three regional Fed presidents did not "capture the full essence of the discussion." Warsh noted that the effect of soft June inflation data on the rate decision was "not much."

It should also be noted that rising U.S. Treasury yields have effectively played the role of a rate hike, as an increase in yields usually makes borrowing more expensive for consumers and businesses. The benchmark U.S. 10-year yield has jumped more than 14 basis points since the Fed’s June meeting.

 

Warsh on Wednesday noted that increases in nominal and real yields across the Treasury curve since the last meeting had been "among the most significant in the last two decades, ranking around the top decile or so."

 

"But if the Committee didn’t change its policy rate, what happened? In the inter-meeting period, market attention centered on real data and real economic developments. Prices reacted in real time to incoming information, and the reduction in forward guidance may have been a factor. Market participants are learning to play the ball, not the referee—and market prices will continue to respond in the direction and magnitude they see fit. This is, in my view, a change for the better—and we are just getting started," the Fed chair said in his prepared remarks.

 

Chip stocks set for longest daily losing streak since December

The AI trade saw more pressure on Wednesday, with chip stocks - represented by the Philadelphia Semiconductor Index - notching a five-day losing run for the first time since late December. 

 

This week’s rout started with a Wall Street Journal report that Nvidia was in talks to provide around $250 billion toward a massive data-center project tied to OpenAI. The news sparked concerns about the circular nature of deals in the AI space while compounding worries over the spending spree by major names in the industry.

 

Competition from China has also emerged as a primary drag on U.S. chip stocks recently, sparked by headlines such as the success of Moonshot AI’s Kimi K3 model, the blockbuster Shanghai debut of memory chipmaker CXMT, and progress in domestic production of immersion deep ultraviolet lithography machines.

 

On Tuesday, SK Hynix was a catalyst for more selling. South Korea’s-second largest company reported a whopping 557% Y/Y increase in quarterly operating profit to 60.54 trillion won ($41.70 billion), helped by price increases for premium high bandwidth memory chips used to power AI processes. However, the bumper results failed to match sky-high expectations, echoing a recent trend of blowout performances by major AI names failing to calm investor jitters.

 

"With SK Hynix shares up more than 250% year over year, last night’s disappointing earnings miss showed that describing the memory leader as priced for perfection may be an understatement," Ryan Lee, senior vice president of product and strategy at Direxion, said.

 

"The most encouraging signal was the continued shift in demand toward SK Hynix’s highest-margin high bandwidth memory products. While production capacity for these products remains more limited, demand is clearly robust and should position the company well over the longer term," he added.

 

SK Hynix’s Korean-listed stock closed 9.6% lower, weighing on the broader KOSPI benchmark which slid 6%.

 

On Wall Street, the AI trade now faces a big test in Microsoft and Meta’s results. The behemoths, both so-called hyperscalers, are pouring billions of dollars into building AI infrastructure, or the combined hardware and software stack needed to handle massive data and computing power used to build and train AI processes. Last week, Elon Musk’s Tesla and Google-parent Alphabet both highlighted elevated AI-related spending plans.

Oil soars around 7% after U.S. says Iran launched surprise attack

After sliding over Monday and Tuesday following a pause in tit-for-tat strikes between the U.S. and Iran from over the weekend, oil prices jumped about 7% on Wednesday after Washington said the Islamic Revolutionary Guard Corps (IRGC) had "attempted" a "surprise attack" on U.S. forces based in the Middle East. "All Iranian missiles were successfully intercepted," U.S. Central Command (CENTCOM) said.

 

President Donald Trump later told Fox News that the U.S. military had "just minutes" to shoot down the incoming missiles from the surprise attack, and said that Washington would respond by "hitting them hard."

 

Separately, CENTCOM said it and Saudi Arabia’s armed forces had conducted "precision strikes" in Iraq against Iran-backed proxies that had been directed by the IRGC to attack U.S. forces and Saudi energy infrastructure. 

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