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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