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THE DAILY PULSE


Coca-Cola Meets Q2 Expectations on $13.1 Billion in Revenue
Coca-Cola reported second-quarter results before Tuesday's open, posting earnings of 92 cents per share on revenue of $13.1 billion — in line with analyst expectations and representing roughly 4% top-line growth from a year earlier. The quarter extended the beverage giant's run of steady year-over-year growth, though commentary around margin pressure drew attention on the 8:30 a.m. ET investor call. Cost inflation and currency effects remain the key watch items for the second
Jul 281 min read


Robinhood Reports Wednesday: Street Eyes $1.27 Billion Quarter
Robinhood Markets reports second-quarter results after Wednesday's closing bell, with Wall Street forecasting earnings of 42 cents per share on revenue of about $1.27 billion — a 28% increase from a year earlier driven by strong equity and options trading. Analysts lean bullish into the print. KeyBanc recently raised its price target to $125 from $100, citing improving fundamentals, though soft crypto volumes, rising costs, and a premium valuation temper the setup. Crypto acc
Jul 281 min read


Global Chip Rout Deepens: SK Hynix Plunges 15%, Dragging U.S. Names
A global semiconductor selloff intensified Tuesday after SK Hynix plunged nearly 15% in Seoul and Samsung Electronics fell more than 13%, rattling chip and AI-hardware names worldwide. Tokyo Electron dropped about 11%, Kioxia sank more than 18%, and TSMC closed almost 3% lower. The weakness carried into U.S. premarket trading, where Micron slid nearly 5%, Intel and AMD lost more than 3%, and Nvidia dipped about 1%. Nasdaq-100 futures were down 0.9% while Dow futures held mode
Jul 281 min read


UPS Tops Q2 Estimates as Restructuring Charges Weigh on Profit
United Parcel Service reported second-quarter results Tuesday that beat Wall Street expectations, with adjusted earnings of $1.76 per share against analyst estimates of about $1.65. Revenue came in at $22.83 billion, well ahead of the roughly $21.75 billion consensus. GAAP net income fell to $604 million, or 71 cents per share, from $1.28 billion a year earlier. The decline was driven by $891 million in after-tax transformation charges, primarily employee separation costs tie
Jul 281 min read


Fed Opens Two-Day Meeting With Markets Split on Rate Path
The Federal Reserve begins its two-day policy meeting Tuesday in what traders call one of the hardest decisions to handicap in years. Market bets lean toward a hold when the decision lands Wednesday afternoon, but conviction is thin and some see a hike still on the table. Stocks opened the session mixed: Dow futures rose about 123 points while Nasdaq-100 futures fell 0.9% as a semiconductor selloff deepened. A fresh read on consumer confidence at 10 a.m. ET adds another data
Jul 281 min read


Brent Slides Below $90 as U.S.-Iran Pause Holds; Chevron, BP Retreat
Oil prices fell sharply Monday after Iran reportedly said it would suspend attacks as long as the U.S. pause in hostilities remains in place. Brent crude for September delivery dropped 7.3% to around $89.73 a barrel, while U.S. West Texas Intermediate fell 6.5% to $83.47 — a swift retreat from the $100-plus levels reached last week as tanker attacks widened. Energy producers bore the brunt of the move. Chevron slipped about 2.5% in premarket trading, while BP fell 3.4% in Eur
Jul 271 min read


UPS Reports Tuesday: Wall Street Looks for Return to Earnings Growth
United Parcel Service reports second-quarter results before Tuesday's opening bell, with analysts expecting earnings of about $1.66 per share, up roughly 6.5% from $1.55 a year ago, on revenue near $21.75 billion — a 2.5% increase from the year-ago quarter. The report lands in the middle of the quarter's heaviest earnings week and will offer a read on both consumer shipping demand and business investment. UPS has topped Wall Street's EPS estimates in three of its last four qu
Jul 271 min read


Futures Rally as Oil Tumbles Ahead of the Quarter's Busiest Week
U.S. stock futures pushed higher early Monday, with Dow and S&P 500 contracts up about 0.8% and Nasdaq-100 futures jumping roughly 1.6%, as a sharp drop in oil prices eased inflation worries following a weekend pause in hostilities between the U.S. and Iran. The rally sets the stage for the busiest week of the quarter. The Federal Reserve's July 28-29 meeting headlines the calendar, with markets split on whether Chair Kevin Warsh and colleagues will hold rates — CME FedWatch
Jul 271 min read


NIO's Chip Bet Pays Off: CXMT Stake Jumps Fivefold After Blockbuster IPO
NIO received a rare piece of good news Monday: the electric-vehicle maker's 158 million yuan stake in ChangXin Memory Technologies (CXMT) has jumped more than fivefold in value after the Chinese DRAM maker's debut on Shanghai's STAR Market. The windfall comes at a welcome moment for NIO shareholders. The stock has fallen for seven straight sessions, closing 3.3% lower at $4.49 on Friday, as mixed delivery numbers and intensifying competition in China's EV market weigh on sent
Jul 271 min read


Super Micro Soars on $60 Billion Order Backlog and Raised Margin Outlook
Super Micro Computer surged as much as 26.6% intraday before closing up nearly 20% at $30.56 after the AI server maker released strong preliminary quarterly results alongside a wave of large new AI infrastructure orders. The company disclosed more than $60 billion in order backlog for its fiscal fourth quarter and sharply raised gross margin guidance to a range of 15% to 17%, up from the 8.2% to 8.4% projected in May. Super Micro also launched its H15 AMD-based server family
Jul 271 min read


Fed Decision Headlines a Packed Week: Coca-Cola, MGM and Chevron Report
Wall Street faces one of the busiest stretches of the summer this week, with the Federal Reserve's policy decision due Wednesday, July 29, alongside a wave of mega-cap earnings that includes Microsoft, Meta, Amazon and Apple. The FOMC meeting comes after a volatile week in which the S&P 500 finished nearly flat at 7,411.98 while the Nasdaq slipped as chip stocks weakened. Several portfolio names are on the earnings calendar. Coca-Cola reports Tuesday, looking to extend a stro
Jul 261 min read


Riot Platforms Gains as Morgan Stanley Starts Coverage at Overweight
Riot Platforms shares advanced after Morgan Stanley initiated coverage with an Overweight rating and a $36 price target, citing the bitcoin miner's large power footprint and its potential to monetize capacity through both mining and AI data-center leasing. The initiation lands as Riot repositions itself as a revenue-generating data center operator. The company reported 42.5 EH/s of deployed hash rate and 1,473 bitcoin produced in its most recent quarterly update, and it has c
Jul 261 min read


Cal-Maine, Egg Producers Settle Price-Collusion Claims for $3.3 Million
Cal-Maine Foods and other major U.S. egg producers agreed to pay $3.3 million and donate 53 million eggs to resolve government claims that they colluded to raise egg prices between 2022 and 2025. No company admitted wrongdoing as part of the settlement. The resolution removes a legal overhang for Cal-Maine, the largest U.S. egg producer, which has navigated years of scrutiny over pricing during avian-flu-driven supply shortages that sent retail egg prices to records. Investor
Jul 261 min read


Oil Retreats to $97 in Biggest Drop Since June; Chevron and BP Watch Closely
Brent crude fell roughly 4% on Friday to settle near $97 a barrel, its largest one-day decline since late June, pulling back from the $100-plus levels reached earlier in the week after Houthi militants attacked two Saudi tankers in the Red Sea. The retreat offers a pause rather than an all-clear. Oil shipments remain under threat on multiple fronts — the Strait of Hormuz, the Red Sea and the Black Sea — and some analysts warn Brent could push toward $120 or beyond if the esca
Jul 261 min read


Delta Named a Top Airline Pick for the Rest of 2026 Despite Fuel Headwinds
Delta Air Lines was highlighted among airline stocks worth watching this weekend, with Barchart making the case for the carrier as a top pick for the remainder of 2026 on the strength of its premium cabin revenue and loyalty program economics. Delta's second-quarter results, reported July 10, beat Wall Street expectations even as high fuel costs pressured margins — a contrast with American Airlines, which sank last week after cutting guidance despite its own Q2 beat. With Bre
Jul 261 min read


Walmart Slips as Mexican Unit's Profit Drop Flags Consumer Caution
Walmart shares edged lower after its Mexican unit, Walmex, reported a decline in second-quarter profit and warned of softening consumer spending. The stock closed near $108.40 on Thursday and traded around $109 Friday, down more than 6% over the past month and underperforming the S&P 500. The Walmex warning adds to scrutiny of Walmart's premium valuation, with the stock trading at roughly 40 times earnings, and comes as the company navigates a COO transition. Technical indica
Jul 251 min read


Wall Street Ends Volatile Week Mixed as Tech Slide Offsets Dow Recovery
Stocks closed out a turbulent week on a mixed note Friday. The Dow Jones Industrial Average gained 235.60 points, or 0.46%, to 51,947.25, while the S&P 500 added just 0.05% to finish at 7,411.98. The Nasdaq Composite fell 0.64% to 24,975.82 as chip and technology shares extended their slide. All three major indexes posted weekly losses, led by a roughly 2% decline for the Nasdaq, as investors weighed tech capital-spending concerns against ongoing Middle East tensions. A 3.5%
Jul 251 min read


Silver Slips Below $61, Dragging Hecla and Pan American Lower
Silver miners came under pressure Friday as spot silver slipped below roughly $61 per ounce. Hecla Mining fell nearly 6% on the commodity weakness, with Pan American Silver declining alongside the broader precious-metals complex. The pullback follows a strong stretch for the group. Hecla is debt-free after retiring its last senior notes in April and holds a $225 million undrawn revolver, while Pan American reported record cash of about $1.6 billion in the first quarter and is
Jul 251 min read


Robinhood Slides After CEO's X Account Hacked to Push Scam Token
Robinhood shares fell sharply Friday, trading as low as $93 intraday before recovering some ground, after CEO Vlad Tenev's X account was compromised and used to promote a fraudulent token on Robinhood Chain. The fake token logged nearly 1,900 transactions before being flagged as a scam, with hack-linked wallets reportedly extracting about 650 ETH. The security incident lands at a sensitive moment: Robinhood reports second-quarter earnings on July 29. Wall Street expects earni
Jul 251 min read


Verizon Beats on Q2 Profit, Lifts Guidance as Margins Hit Records
Verizon reported second-quarter adjusted earnings of $1.30 per share on Friday, topping the $1.27 consensus, though revenue of $34.3 billion slipped 0.7% from a year earlier and came in below estimates. Shares rose about 2.8% to $45.06 as investors looked past the top-line miss. Management pointed to record adjusted EBITDA margins, surging free cash flow, and improved customer quality with lower churn, describing the quarter as a structural inflection in the business. The com
Jul 251 min read
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