News Bulletin
Monday, August 03, 2026
Evening Edition

Economic Numbers:

Time

Event

Actual

Forecast

Previous

Monday, August 3, 2026

10:00

Construction Spending (MoM) (Jun)

-0.10%

0.20%

0.00%

11:30

Atlanta Fed GDPNow (Q3)

6.20%

5.00%

5.00%

 

Indices
 

 

CLOSE

50 DMA

200 DMA

DJIA

53,178.41

51,769.36

49,085.09

NASDAQ

25,913.90

25,941.80

24,015.15

S&P 500

7,600.50

7,475.00

7,028.48

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

Berkshire HathawayBRKB:US

-

4.92

-

96.52B

$638.29B

AM

Palantir TechnologiesPLTR:US

-

0.34

-

1.81B

$300.40B

PM

Vertex PharmaceuticalsVRTX:US

-

4.72

-

3.21B

$113.01B

PM

Marriott InternationalMAR:US

3.19

3.05

7.07B

7.17B

$103.48B

AM

Monster BeverageMNST:US

-

0.58

-

2.42B

$100.45B

PM

Williams CompaniesWMB:US

-

0.5

-

2.83B

$89.90B

PM

Diamondback EnergyFANG:US

-

6.18

-

5.02B

$56.49B

PM

ONEOKOKE:US

-

1.49

-

8.92B

$52.36B

PM

On SemiconductorON:US

-

0.71

-

1.59B

$44.91B

PM

TKO GroupWWE:US

-

1.53

-

1.55B

$32.75B

PM

Cheniere PartnersCQP:US

-

0.96

-

2.67B

$31.78B

AM

Sterling CoconstructionSTRL:US

-

4.99

-

963.25M

$26.55B

PM

Tyson FoodsTSN:US

0.99

1.05

13.87B

14.2B

$23.74B

AM

SBA CommunicationsSBAC:US

-

1.84

-

705.65M

$23.35B

PM

LoewsL:US

2.16

-

4.73B

-

$23.11B

AM

Trimble NavigationTRMB:US

-

0.8

-

946.51M

$14.02B

AM

Advanced Energy IndustriesAEIS:US

-

2.2

-

543.06M

$13.34B

PM

CloroxCLX:US

-

1.65

-

1.91B

$11.94B

PM

CNA FinancialCNA:US

2.16

1.01

4.73B

2.97B

$11.83B

AM

GlobalstarGSAT:US

-

-0.03

-

72.43M

$10.46B

 

AESAES:US

-

0.54

-

3.11B

$10.42B

 

Allison TransmissionALSN:US

-

2.4

-

1.5B

$10.36B

PM

SnapSNAP:US

-

-0.12

-

1.54B

$10.09B

PM

Alexandria Real Estate EquitiesARE:US

-

0.14

-

660.9M

$7.12B

PM

Silicon LaboratoriesSLAB:US

-

0.7

-

226.75M

$6.92B

AM

TG TherapeuticsTGTX:US

0.05

0.33

240.34M

228.5M

$6.48B

AM

MatsonMATX:US

-

3.65

-

884.65M

$6.28B

PM

Vornado RealtyVNO:US

-

-0.01

-

457.78M

$5.91B

PM

New Jersey ResourcesNJR:US

-

0.04

-

340.95M

$5.48B

PM

International BancsharesIBOC:US

-

1.68

-

-

$4.73B

 

CabotCBT:US

-

1.65

-

927.44M

$4.29B

PM

TidewaterTDW:US

-

0.45

-

330.42M

$4.23B

PM

Dorman ProductsDORM:US

-

1.89

-

582.26M

$3.73B

PM

Otter TailOTTR:US

-

1.51

-

326.12M

$3.71B

PM

Ultra CleanUCTT:US

-

0.53

-

584.58M

$3.49B

PM

AvistaAVA:US

0.29

0.24

426.93M

429.98M

$3.25B

AM

WhirlpoolWHR:US

-

0.14

-

3.56B

$2.98B

PM

HUBHUBG:US

-

0.29

-

941.12M

$2.92B

 

Mge EnergyMGEE:US

-

0.81

-

-

$2.88B

PM

Supernus PharmaceuticalsSUPN:US

-2.348837209

 

219.1M

205.63M

$2.75B

AM

Boise CascadeBCC:US

-

1.19

-

1.76B

$2.71B

PM

The AndersonsANDE:US

-

1.41

-

3.28B

$2.70B

PM

AlamoALG:US

-

2.73

-

435.7M

$1.92B

PM

Addus HomeCareADUS:US

-

1.68

-

376.23M

$1.81B

PM

Helix Energy SolutionsHLX:US

-

0.07

-

321.44M

$1.42B

 

HarmonicHLIT:US

-

0.12

-

112.93M

$1.40B

 

Sally BeautySBH:US

0.55

0.54

935M

947.48M

$1.23B

AM

Apollo Commercial Real Est FinanceARI:US

-

0.17

-

80.52M

$902.30M

 

Kosmos EnergyKOS:LN

0.08

-

458.51M

-

$583.52M

AM

 

Market News:

Wall Street notched solid gains on Monday, kicking off the new month on a positive note after a topsy-turvy July which ended in losses. Sentiment was boosted by a slide in oil prices after President Donald Trump held off on what he said was a planned powerful attack on Iran and touted negotiations.

 

The S&P 500 added 1.5% to close at 7,601.41 points, while the NASDAQ Composite surged 2.1% to end at 25,913.90 points. The blue-chip Dow Jones Industrial Average climbed 1.3% to settle at 53,178.41 points, posting its first record close since July 6.

The two main drivers of markets last month - the artificial intelligence trade and volatility in crude prices - will likely continue to grab the spotlight in August.

 

The Nasdaq slumped over 3% in July, primarily due to chip stocks - one of the main beneficiaries of the AI boom - posting their worst monthly performance since the financial crisis. On the other hand, the S&P fell only 0.1%, supported by rotation into other sectors away from technology. According to Deutsche Bank, this was the benchmark index’s biggest outperformance against the tech-heavy gauge since September 2022.

 

The Dow ended July 0.3% higher.

 

A furious rally in the AI trade earlier this year supported Wall Street through the Middle East conflict and even touch record levels. But the momentum came to an abrupt end last month, amid investors stepping back and taking a look at an advance that had flown too high and too fast. Concerns abounded about lofty valuations, uncertain timelines on returns from massive spending on AI, and Chinese competition.

 

"In equities, the biggest theme was the reversal in the AI and semiconductor trade. Concerns over valuations in the context of Chinese AI competition, capex intensity, and supply constraints weighed on the sector," Deutsche Bank analysts led by Peter Sidorov said.

 

The Philadelphia Semiconductor Index - a key barometer for chip stocks - saw a whopping 20.6% loss in July, its worst month since October 2008.

The AI trade did rebound somewhat towards the end of last month, helped by members of the heavyweight Magnificent Seven club. Investors cheered the quarterly reports of Microsoft and Amazon, with the former’s stock gaining about $450 billion in value last Thursday in what was the largest single-day gain in history for a company. Amazon stock surged 15% on Friday, and continued that momentum into Monday by topping $3 trillion in market capitalization for the first time.

 

While technology stocks took it on the chin in July, Wall Street was buoyed by traders rotating into other sectors. In fact, an equal-weighted version of the benchmark S&P 500, which lists companies not by market cap but by a fixed weight, hit a record high as last Wednesday and gained 0.9% for July.

 

Away from tech, the Middle East conflict dominated headlines last month. A ceasefire between Washington and Tehran collapsed and both sides engaged in tit-for-tat strikes over control of the strategic Strait of Hormuz. Oil supply disruptions were further exacerbated by the conflict widening to include Iran-backed Houthis and Saudi Arabia. Crude benchmarks spiked over 20% in response.

Oil slides as Trump delays Iran attack

On Monday, Brent crude futures fell 4.8% to $83.75 a barrel, while U.S. West Texas Intermediate crude futures dropped 5.3% to $80.16 a barrel. The decline came after Trump over the weekend said he had called off a powerful attack on Iran at the request of Tehran and other countries in the region.

 

"I was asked to by Saudi Arabia, by UAE, and by Qatar, and by Iran. We were all set to go, just about at this time right now, and it would’ve been a massive attack," Trump told reporters on Sunday.

 

"The reason they asked [to call it off] is they think there’s a deal. There’s a deal on Hormuz and then there will be a deal on the denuclearization of Iran...So, we’re holding it," the president said, adding that talks with Tehran would begin on Monday afternoon.

 

Iran on Monday publicly pushed back against any talks, with state media citing remarks from foreign ministry spokesperson Esmaeil Baqaei, who said the country was not currently in negotiations with the U.S. and was instead working with Oman on a route for vessel traffic through the Strait of Hormuz.

 

"They ask for a meeting, some would say ’beg,’ talks begin, with more scheduled in the immediate future, and they say, openly and proudly, that they’re not having any discussions, that nothing is being talked about, and they’re only dealing with ’Oman,’" Trump posted on Truth Social on Monday.

 

"They then go on to give their usual blather in saying, the Strait of Hormuz will be operated powerfully by them, when it is already completely controlled by the United States Navy and our ’Blockade,’" he said.

 

"Nothing gets through to Iran, unless we want it to, and nothing will get through, unless a Deal, or Total Surrender, is accomplished. Whether Iran wants to admit it or not, we are, in fact, talking of a solution to a problem that they have caused, for decades," the president added. 

Week ahead: earnings deluge, jobs data

Turning away from the Middle East and looking at the schedule for this week, the U.S. economic calendar is labor market heavy, with latest readings on job openings arriving Tuesday, private employment on Wednesday, layoffs on Thursday, and the July nonfarm payrolls report on Friday.

 

The labor market data will arrive at a time when market participants reacted nervously to the Federal Reserve’s interest rate decision last week. Chances of the central bank delivering a rate hike had been higher than recent historical trends, and while the monetary policy committee ended up holding rates steady, there were three dissenters. Chair Kevin Warsh’s comments at the post-decision press conference failed to convince traders that the central bank could combat inflation.

 

"The U.S. economy is still in a vulnerable period. Right now, wages are barely keeping pace with inflation, and interest rates are similarly high. With stagflationary concerns rife, households may turn to saving instead of spending, which will only cause the U.S.’s economic growth to slow further," Orynbayev told Investing.com.

 

"This leaves the Federal Reserve at a crossroads. In the last FOMC meeting, the Fed left rates unchanged, but a drop in household spending alongside the other ongoing market pressures might be the final push for Governors to join their dissenting peers and vote to hike rates," he added.

 

Also this week, the earnings season will see a very busy stretch, with software giant Palantir Technologies on the docket on Monday. AMD will report on Tuesday, as will SpaceX in its first ever publicly released quarterly earnings.

 

Other major names including Caterpillar), Merck, Pfizer, and McDonald’s are also set to report this week.

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