News Bulletin
Wednesday, July 22, 2026
Evening Edition
Economic Numbers:
|
Time |
Event |
Actual |
Forecast |
Previous |
|
Wednesday, July 22, 2026 |
||||
|
10:30 |
Crude Oil Inventories |
2.010M |
-2.000M |
-1.692M |
|
10:30 |
Cushing Crude Oil Inventories |
-0.674M |
|
0.430M |
|
13:00 |
20-Year Bond Auction |
5.16% |
|
4.93% |
|
15:00 |
U.S. President Trump Speaks |
|
|
|
Indices
|
|
CLOSE |
50 DMA |
200 DMA |
|
DJIA |
52,219.35 |
51,363.61 |
48,848.79 |
|
NASDAQ |
25,690.90 |
26,123.50 |
23,921.29 |
|
S&P 500 |
7,498.96 |
7,471.95 |
6,998.26 |
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 |
|
AlphabetGOOG:US |
- |
2.87 |
- |
116.4B |
$4.19T |
PM |
|
TeslaTSLA:US |
- |
0.45 |
- |
24.31B |
$1.20T |
PM |
|
Philip Morris InternationalPM:US |
2.2 |
2.04 |
11.2B |
10.6B |
$302.34B |
AM |
|
GE VernovaGEV:US |
2.47 |
3.04 |
11.1B |
9.16B |
$275.62B |
AM |
|
Texas InstrumentsTXN:US |
- |
1.92 |
- |
5.21B |
$267.49B |
PM |
|
AT&TT:US |
0.65 |
0.59 |
30.6B |
31.79B |
$163.66B |
AM |
|
CSXCSX:US |
- |
0.49 |
- |
3.76B |
$95.84B |
PM |
|
CMECME:US |
2.99 |
2.98 |
1.71B |
1.72B |
$90.61B |
AM |
|
Moody'sMCO:US |
4.68 |
4.19 |
2.19B |
2.07B |
$89.89B |
AM |
|
Kinder MorganKMI:US |
- |
0.32 |
- |
4.15B |
$72.26B |
PM |
|
United RentalsURI:US |
- |
11.55 |
- |
4.22B |
$68.80B |
PM |
|
Westinghouse Air Brake TechnologiesWAB:US |
2.76 |
2.6 |
3.18B |
3.07B |
$46.65B |
AM |
|
NorthernNTRS:US |
4.23 |
2.65 |
2.71B |
2.21B |
$36.61B |
AM |
|
Raymond James FinancialRJF:US |
- |
2.9 |
- |
3.87B |
$35.10B |
PM |
|
Las Vegas SandsLVS:US |
- |
0.79 |
- |
3.38B |
$34.23B |
PM |
|
Crown Castle InternationalCCI:US |
- |
0.4 |
- |
995.97M |
$33.72B |
PM |
|
Teledyne TechnologiesTDY:US |
6.28 |
5.79 |
1.66B |
1.58B |
$30.68B |
AM |
|
Otis WorldwideOTIS:US |
1.01 |
1.01 |
3.9B |
3.75B |
$29.79B |
AM |
|
Southwest AirlinesLUV:US |
- |
0.48 |
- |
8.57B |
$28.73B |
|
|
AvalonBay CommunitiesAVB:US |
- |
1.23 |
- |
771.8M |
$27.10B |
PM |
|
PulteGroupPHM:US |
2.48 |
2.39 |
3.98B |
3.94B |
$26.22B |
AM |
|
Equity ResidentialEQR:US |
- |
0.45 |
- |
787.71M |
$25.90B |
PM |
|
Reliance Steel & AluminumRS:US |
- |
5.36 |
- |
4.23B |
$22.02B |
PM |
|
RollinsROL:US |
- |
0.34 |
- |
1.1B |
$21.66B |
PM |
|
Packaging Of AmericaPKG:US |
- |
2.36 |
- |
2.48B |
$20.48B |
PM |
|
ServiceNowNOW:US |
- |
0.86 |
- |
3.93B |
$19.81B |
PM |
|
Globe LifeGL:US |
- |
3.67 |
- |
1.59B |
$17.23B |
PM |
|
RPM InternationalRPM:US |
1.89 |
1.84 |
2.23B |
2.17B |
$13.22B |
AM |
|
Molina HealthcareMOH:US |
- |
1.44 |
- |
10.84B |
$13.11B |
PM |
|
SEI InvestmentsSEIC:US |
- |
1.31 |
- |
614.71M |
$12.94B |
PM |
|
GracoGGG:US |
- |
0.81 |
- |
607.32M |
$12.42B |
PM |
|
Equity Lifestyle PropertiesELS:US |
- |
0.44 |
- |
384.04M |
$12.40B |
PM |
|
Knight TransportationKNX:US |
- |
0.48 |
- |
2.03B |
$12.30B |
PM |
|
Stifel FinancialSF:US |
1.42 |
1.36 |
1.45B |
1.44B |
$11.61B |
AM |
|
EastGroup PropertiesEGP:US |
- |
1.31 |
- |
193.35M |
$10.83B |
PM |
|
First Industrial RealtyFR:US |
- |
0.44 |
- |
195.63M |
$9.00B |
PM |
|
Pinnacle Financial PartnersPNFP:US |
- |
2.5 |
- |
1.25B |
$7.67B |
PM |
|
Old National BancorpONB:US |
0.65 |
0.63 |
740.06M |
718.36M |
$7.62B |
AM |
|
First American FinancialFAF:US |
- |
1.84 |
- |
2.05B |
$7.30B |
PM |
|
WEXWEX:US |
- |
5.06 |
- |
738.23M |
$6.72B |
PM |
|
Iridium CommunicationsIRDM:US |
0.09 |
0.28 |
225.24M |
220.57M |
$5.89B |
AM |
|
RLIRLI:US |
- |
0.7 |
- |
571.49M |
$5.52B |
PM |
|
Sonoco ProductsSON:US |
- |
1.49 |
- |
1.88B |
$5.38B |
PM |
|
Texas Capital BancsharesTCBI:US |
- |
1.89 |
- |
333.89M |
$4.91B |
PM |
|
Oceaneering InternationalOII:US |
- |
0.46 |
- |
732.5M |
$4.57B |
PM |
|
First Bancorp FBPFBP:US |
0.62 |
0.54 |
264.86M |
263.56M |
$4.56B |
AM |
|
Fulton FinancialFULT:US |
- |
0.42 |
- |
359.42M |
$4.44B |
PM |
|
Cathay General BancorpCATY:US |
- |
1.35 |
- |
218.17M |
$4.41B |
PM |
|
MarketAxessMKTX:US |
- |
1.94 |
- |
219.98M |
$4.31B |
AM |
|
Badger MeterBMI:US |
1.02 |
1.02 |
222.3M |
220.21M |
$4.05B |
AM |
|
BancfirstBANF:US |
- |
1.73 |
- |
176.02M |
$3.79B |
|
|
Cal-Maine FoodsCALM:US |
-1.013333333 |
|
552.58M |
657.09M |
$3.78B |
AM |
|
BankUnitedBKU:US |
0.97 |
1.02 |
284.57M |
290.96M |
$3.43B |
AM |
|
SL Green RealtySLG:US |
- |
-0.62 |
- |
179.74M |
$3.29B |
PM |
|
First BancorpFBNC:US |
- |
1.15 |
- |
126.27M |
$2.61B |
PM |
|
First MerchantsFRME:US |
- |
1.02 |
- |
202.64M |
$2.56B |
PM |
|
Enterprise Financial ServicesEFSC:US |
- |
1.34 |
- |
189.53M |
$2.46B |
PM |
|
BannerBANR:US |
- |
1.47 |
- |
175.29M |
$2.42B |
PM |
|
Pathward FinancialCASH:US |
- |
1.97 |
- |
191.21M |
$2.14B |
PM |
|
Century CommunitiesCCS:US |
- |
0.56 |
- |
848.17M |
$2.05B |
PM |
|
1st SourceSRCE:US |
- |
1.66 |
- |
113.3M |
$2.04B |
|
|
CityCHCO:US |
2.35 |
2.21 |
81.5M |
80.63M |
$2.01B |
AM |
|
Getty RealtyGTY:US |
- |
0.35 |
- |
58.69M |
$1.95B |
PM |
|
Stewart Information ServicesSTC:US |
- |
1.69 |
- |
841.7M |
$1.93B |
PM |
|
Marten TransportMRTN:US |
- |
0.07 |
- |
222.94M |
$1.42B |
|
Market News:
U.S. stocks on Wednesday ended lower
after a largely muted session, as traders refrained from big moves ahead of key
earnings reports from the likes of Alphabet and Texas Instruments that will
give further cues about the artificial intelligence
trade. Meanwhile, oil prices continued to rise amid a potentially widening
conflict in the Middle East.
The benchmark S&P 500 index fell
0.1% to close at 7,499.73 points, while the blue-chip Dow Jones Industrial
Average settled just below the flatline at 52,219.35 points.
The tech-heavy NASDAQ Composite lost 0.6% to conclude at 25,690.90 points.
All eyes on Google’s capex
guidance
The high-flying AI trade earlier this
year helped Wall Street shake off the Middle East conflict and return to record
levels. Chip stocks, one of the main contributors to the rally, drove the
Philadelphia Semiconductor Index to a historic 18-day win streak in April and a
record close of 14,634.70 points on June 22. But the gauge has seen a sharp
pullback since, and last Friday it settled more than 20% below that record
close, marking bear market territory.
The decline has come amid a bout of
profit-taking and rising concerns about the money being spent by mega-cap names
and chipmakers on AI infrastructure, or the combined hardware and software
stack to handle massive data and computing power that is used to build and
train AI processes. An uncertain timeline for returns on the soaring outlays
has raised jitters among investors. Blowout quarterly numbers from major
AI-related names so far have failed to quell those jitters.
Meanwhile, so-called AI hyperscalers such as Alphabet have forecasted huge spending
plans, with the Google-parent alone expecting 2026 capital expenditures of $180
billion to $190 billion. In a note, strategists at BofA
Securities predicted that, given accelerating AI demand, higher memory chip
prices, and a recent fundraising round, the Magnificent Seven member could
increase its capex range to $190 billion to $200
billion.
"Alphabet had a great first quarter
so there are probably a lot of people expecting a positive surprise today. What
they say about growth and capital spending will affect the other big tech
companies reporting later this week and over the next two weeks," Chase
Investment Counsel’s Tuz told Investing.com.
Aside from Google, quarterly figures
from industry bellwether Texas Instruments could also serve up some insight
into the state of the companies making the chips undergirding AI models.
Semiconductor companies have been some
of the main beneficiaries of the AI era. Earnings for S&P 500 makers of
chips and chip gear are anticipated to jump by 133% Y/Y in the second quarter,
according to LSEG research cited by Reuters. The cohort alone is seen contributing
roughly 44% of overall S&P 500 company earnings gains, Reuters noted.
More earnings: Tesla and IBM on deck,
Super Micro soars
Wednesday will also see quarterly
results from electric vehicle giant Tesla and legacy tech firm IBM.
Elon Musk’s carmaker will be watched for updates on
progress in its strategic pivot to robotics and autonomous driving, and away
from its legacy electric vehicle business. IBM will also grab attention, a week
after the stock experienced a single-day crash of more than 25%. The slump was
driven by preliminary quarterly revenue that fell short of estimates, largely
due to an unexpected, aggressive reprioritization of enterprise IT budgets
toward hardware infrastructure.
Elsewhere, Super Micro Computer soared
nearly 20% and ended as the top percentage gainer on the S&P 500. The AI
server maker issued preliminary quarterly gross margin guidance that was almost
double the historical norm, and said it had received total new orders in excess
of $60 billion. Nvidia, of which the company is a key
customer and manufacturing partner, saw its stock rise 2.3%.
In other earnings-related moves, Philip
Morris closed 3.4% higher after the tobacco group topped estimates thanks to
robust sales driven by demand for its smoke-free options. Conversely,
industrial name GE Vernova slipped 8.7% and finished
as the top percentage loser on the S&P 500 after missing core earnings
expectations.
Trump says to hit an Iranian bridge or
power plant for every ship attack
Turning away from earnings and to the
Middle East, the situation remained highly tense.
The U.S. and Iran have engaged in
tit-for-tat strikes for eleven consecutive days, leading to a significant drop
in vessel traffic through the Strait of Hormuz. New threats to another vital
shipping corridor, the Bab el-Mandeb Strait, from
Iran-backed Houthis in Yemen have exacerbated supply
disruption concerns.
Against this backdrop, oil prices have
surged, with Brent crude futures, the global benchmark, on Wednesday briefly
topping $95 a barrel for the first time since June 11. Brent was last up 3% to
$93.70 a barrel.
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