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.

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