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THE DAILY PULSE


Coca-Cola Nears All-Time Highs Into July 28 Earnings; fairlife Hit by Ransomware
Coca-Cola reports second-quarter results on July 28 before the open, with analysts expecting earnings of $0.92 per share, up 5.8% from a year ago, on revenue of about $13.05 billion. The company has beaten bottom-line estimates in each of the last four quarters and trades near its 52-week high after an 18.7% gain over the past year. Wall Street is leaning bullish into the print: 19 of 25 covering analysts rate the stock Strong Buy, and recent weeks brought a wave of target hi
Jul 191 min read


Kroger's $1.65 Billion Giant Eagle Deal Draws Regulatory Scrutiny
Kroger has agreed to acquire Giant Eagle, the family-owned food and pharmacy retailer with roughly $9 billion in annual sales, in a deal valued at $1.65 billion — $1.25 billion in cash plus the assumption of about $400 million in liabilities. The acquisition adds 197 supermarkets and 11 standalone pharmacies across northern Ohio, western Pennsylvania, West Virginia, Maryland and Indiana. The proposed tie-up is already facing regulatory scrutiny, an echo of the antitrust fight
Jul 191 min read


Bank of America Jumps as Q2 Profit Surges 27% on Record Equities Trading
Bank of America shares climbed after the lender posted second-quarter earnings of $1.21 per share, beating consensus estimates of roughly $1.12. Profit surged 27% to $9.1 billion as revenue rose 15% year over year to $31.6 billion, ahead of the $30.67 billion analysts expected. Equities trading was the standout, with revenue up 70% to $3.6 billion on robust client activity in derivatives and cash products. Net interest income climbed 9% to $16.2 billion, deposits grew for a t
Jul 191 min read


Riot Platforms Drops With Bitcoin Miners as Crypto Slides Toward $64K
Riot Platforms fell about 7% as bitcoin miners sold off across the board, with bitcoin trading near $64,460 and pressure mounting on crypto-linked and high-beta data center names. Peers fell in sympathy: MARA lost roughly 6.8%, CleanSpark 6.3% and IREN 8.8%, pointing to a sector-wide move rather than a company-specific setback. The slide comes as Riot rebalances its business between bitcoin mining and AI-focused data centers. The company recently filed a $416.4 million shelf
Jul 191 min read


Walmart COO Shakeup Puts Premium Valuation Under the Microscope
Walmart's U.S. chief operating officer Kieran Shanahan has stepped down, with international COO Kyle Kinnard — a 25-year company veteran who formerly ran the U.S. health and wellness division — set to succeed him. Shares traded between roughly $113.60 and $118.09 this week, outperforming the S&P 500. The transition lands as investors debate Walmart's premium multiple of about 40 times trailing earnings. Bulls point to the higher-margin growth engines: global advertising climb
Jul 191 min read


Snap Falls as Wall Street Cuts Targets to $5 and Arkansas Files Suit
Snap shares dropped about 3.5% on Friday as concerns mounted over slowing ad demand and user growth. Wells Fargo and UBS both cut their price targets to $5, citing softer advertising trends, geopolitical pressure, and decelerating momentum in the Snapchat+ subscription business. Analyst sentiment has clustered around a cautious consensus, with Goldman Sachs and DA Davidson also holding neutral views and price targets in the $5-$6 range, leaving limited expected upside from cu
Jul 181 min read


Robinhood Slides 5.7% as Nasdaq Selloff and Crypto Dip Hit Retail Brokers
Robinhood Markets fell 5.7% on Friday, closing near $100 as a broad Nasdaq selloff and a pullback in cryptocurrency prices weighed on retail-brokerage stocks. Rival Webull dropped roughly 6% in sympathy, with investors trimming exposure to names tied to trading activity and token prices. The decline reflects familiar pressure points: crypto volatility has dented transaction-based revenue, with first-quarter crypto trading revenue down 47% year over year to $134 million, while
Jul 181 min read


Oil Jumps to $88 as Gulf Fighting Escalates and Tankers Come Under Fire
Brent crude surged about 4.6% on Friday to close at $88.10 per barrel, with WTI topping $79, after fighting in the Persian Gulf escalated sharply. Kuwait said Iran attacked a power and water desalination plant, and a tanker was struck by a projectile off the coast of Oman as Iran continued targeting civilian shipping near the Strait of Hormuz. U.S. Central Command said it completed a sixth consecutive night of strikes against Iranian military targets, including logistics infr
Jul 181 min read


JPMorgan Trims Tyson Foods Target as Beef Pricing Scrutiny Lingers
JPMorgan lowered its price target on Tyson Foods to $65 from $71 on Friday, as the protein giant navigates competitive pressures and ongoing legal scrutiny. Shares traded near $57.83. Tyson reported $13.7 billion in quarterly sales but continues to face class-action lawsuits over beef pricing practices, an overhang that has kept some investors cautious despite the company's scale advantages across chicken, beef, and pork. For income-oriented holders, the stock's valuation res
Jul 181 min read


Silver Snaps Back Above $60 as Bullion Finds Footing; Miners in Focus
Silver rebounded 2.8% to about $59.95 an ounce on Friday, reclaiming the $60 level a day after its first break below that mark this year, while gold rose 1% to roughly $4,017 per troy ounce. The recovery came as the 10-year Treasury yield eased to 4.53% and the dollar index slipped below 101, lifting demand for dollar-priced bullion. Strategists characterized the recent pullback — gold remains down 28% from its January peak — as a healthy correction within a longer bull marke
Jul 181 min read


American Airlines Downgraded as Capacity Risks Cloud July 23 Earnings
Melius Research downgraded American Airlines from Buy to Hold even while raising its price target to $19, citing strong demand and decent cost control but warning that elevated capacity growth combined with volatile fuel prices threatens ticket pricing power and already thin margins. The stock has faded from the $18.50–$18.80 range in late June to a recent close near $15.67, a pullback of roughly 16% that reflects growing caution across the airline group as fuel costs bite in
Jul 171 min read


Fubo Rallies as Former Disney+ Chief Alisa Bowen Takes the Helm
FuboTV shares climbed nearly 10% to around $10 after the live-TV streaming provider announced a leadership change. Alisa Bowen took over as CEO on July 10, replacing co-founder David Gandler, who led the company through its 11-year expansion from startup to public sports-streaming platform. Bowen arrives with a decade of leadership experience at Walt Disney, most recently as president of the Disney+ streaming service — a background investors read as a signal that Fubo intends
Jul 171 min read


Silver Slides Below $60 for First Time in 2026, Pressuring Hecla and Pan American
Spot silver dropped below $60 an ounce for the first time this year, touching six-month lows in a slide of more than 9% driven by a hawkish Federal Reserve outlook and a strengthening U.S. dollar. The metal had traded as high as $61.63 earlier in July before the selloff accelerated. The move weighed on silver miners. Hecla Mining, the largest silver producer in the U.S. and Canada, has also been contending with production issues at its Keno Hill operation in the Yukon, where
Jul 171 min read


Nasdaq Falls 1.6% as AI Spending Doubts Hit Chips; Netflix Slumps After Hours
A selloff in chipmakers dragged Wall Street lower Thursday as investors questioned whether massive artificial-intelligence investments can justify lofty valuations. The Nasdaq 100 dropped 1.6%, and futures pointed to further weakness Friday, with Asian markets set to open lower. The pressure extended after the close, where Netflix fell more than 8% in extended trading after forecasting a second straight quarter of slowing sales growth. The tech weakness adds to a rotation und
Jul 171 min read


DraftKings Climbs as Regulators Clear Real-Time Betting Trading Model
DraftKings shares moved higher after regulators cleared the way for the company to bring Wall Street-style trading mechanics to sports betting. The approach moves beyond fixed odds, letting users adjust positions continuously in real time as games unfold — a structural shift toward exchange-like markets. Traders are also watching the company's DKeX prediction-markets push, which extends the platform beyond traditional sportsbook offerings. The company is meanwhile expanding i
Jul 171 min read
United's Q2 Beat Overshadowed by Fuel Costs — a Warning Shot for Airlines
United Airlines reported second-quarter results ahead of Wall Street estimates, posting adjusted earnings of $1.99 per share versus the $1.88 expected, on revenue of $17.67 billion. Despite the beat on both lines, shares slipped roughly 4% in after-hours trading Wednesday. The culprit was fuel. United said higher fuel prices could add nearly $6 billion to its expenses this year compared with what it projected at the start of 2026, and its second-quarter fuel bill rose 84% fro
Jul 161 min read
Copper Rally Lifts Freeport-McMoRan as Chile Supply Tightens
Freeport-McMoRan shares climbed in early trading this week, rising 1.1% pre-market to around $60.60, as a rebound in copper prices provided a direct tailwind to the world's largest publicly traded copper producer. Copper futures rose to $6.31 per pound, up 1.25%, as production pressures in Chile — including water shortages, lower ore grades, unplanned maintenance and labor disputes — tightened the global supply outlook. Tariff-driven dislocations have added to the squeeze on
Jul 161 min read
Super Micro Slides Below $27 as Dilution and Competition Fears Mount
Super Micro Computer shares fell below $27 on Tuesday as investors reassessed risks tied to the AI infrastructure buildout. The stock traded between $27.32 and $28.40 during the session and now sits about 56% below its 52-week high. Concerns center on potential shareholder dilution, intensifying competition from Chinese server makers, and regulatory uncertainty stemming from a Taiwanese investigation into semiconductor export restrictions. The company's most recent results sh
Jul 161 min read
SpaceX Falls Below $135 IPO Price for the First Time as Hype Fades
SpaceX shares fell for a fourth straight session Wednesday, briefly dropping below their $135 initial public offering price for the first time since last month's record-setting debut. The stock declined as much as 2.9% to $132.15. The pullback marks a sharp reversal for one of the most anticipated listings in market history. SpaceX raised a record $86 billion in its IPO and saw shares surge past $225 in the first month of trading, briefly pushing its market capitalization to
Jul 161 min read
Verizon Drops 7%, AT&T Hits 52-Week Low as Starlink Threat Rattles Telecom
Telecom stocks came under heavy pressure this week, with Verizon falling about 7% and AT&T touching a 52-week low as investors weighed growing competition from SpaceX's Starlink and converging cable rivals. AT&T closed near $21.43 on Tuesday and is down roughly 20% over the past year. Analyst sentiment has soured. Bernstein cut price targets across the sector citing Starlink's competitive threat, Barclays lowered its AT&T target to $24 from $26, and Wells Fargo initiated cove
Jul 161 min read
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