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THE DAILY PULSE


Jobs Report and a Fresh Earnings Wave Headline the First Week of August
Wall Street enters the first full week of August with momentum after closing out a volatile July higher. The main event lands Friday, when the July jobs report is due: economists expect roughly 88,000 nonfarm payrolls, up from June's soft print. Analysts describe that as a 'Goldilocks' number — weak enough to keep the Federal Reserve patient, strong enough to hold off recession fears. Before then, Monday brings the July ISM manufacturing index, Wednesday the ADP employment re
Aug 21 min read


DraftKings Set to Report Second Quarter on August 6 as Traders Position Early
DraftKings will release second-quarter 2026 results after the market close on Thursday, August 6, followed by a conference call Friday morning. The sports-betting operator is back in focus as traders position around the print, with recent analyst estimate revisions and sector-wide regulatory developments shaping expectations. The quarter covers a stretch that included the NBA and NHL playoffs, and investors will be watching customer acquisition costs, structural hold improvem
Aug 21 min read


Silver's Record Run Hits Turbulence as Hecla and Pan American Head Into Earnings
Silver's powerful 2026 rally met a sharp late-week pullback, with spot silver sliding 3.8% Thursday to around $57 per ounce after touching record territory. Silver miners reacted quickly, though Hecla Mining still outperformed peers, gaining about 5.5% versus a peer median of 3.6% as investors positioned ahead of earnings. Hecla recently forecast lower 2026 silver output, but the stock has held up on the strength of realized prices that remain far above year-ago levels. The c
Aug 21 min read


Snap Reports Monday as Wall Street Looks for an Ad-Revenue Rebound
Snap kicks off a busy earnings week for consumer tech, with second-quarter results due Monday, August 3. Traders are watching whether the Snapchat parent can show renewed momentum in its advertising business and continued growth in subscription revenue after a choppy first half of the year. The report lands in a demanding environment: with roughly 85% of S&P 500 companies beating estimates this season, investors have punished even modest misses. Digital advertising peers have
Aug 21 min read


Tilray Posts Record $915.5 Million Fiscal 2026 Revenue as BrewDog Deal Pays Off
Tilray Brands reported record fiscal 2026 revenue of $915.5 million, up from $821.3 million a year earlier, with fourth-quarter net revenue climbing 25% to $281.7 million. Shares rose after hours following the report, as adjusted EBITDA reached a record $61.1 million for the year. Growth was broad-based across the company's diversified platform: cannabis revenue rose 8%, beverage revenue gained 6%, pharmaceutical distribution climbed 21%, and wellness grew 9%. The beverage se
Aug 21 min read


Robinhood Delivers Record $1.3 Billion Quarter, Adds Nearly 1 Million Customers
Robinhood reported its best quarter since going public, with second-quarter revenue of $1.31 billion, up 32% year over year, and earnings of $0.62 per share — well ahead of the $0.45 analysts expected. The platform added nearly 1 million new funded customers, its most in five years, while net deposits hit a record $22 billion and Gold subscribers climbed to 4.8 million. Adjusted EBITDA rose 35% to $741 million, a 57% margin. Management lowered its full-year expense outlook an
Aug 11 min read


American Airlines Extends Rally as Wall Street Backs Its Earnings Beat
American Airlines shares climbed again this week, closing near $15.43 after rising nearly 4% Thursday — a sharp recovery from the July 23 low around $13.31. The rebound follows second-quarter results that topped expectations on both earnings and revenue, driven by more than 16% year-over-year growth across all cabins and regions on upbeat travel demand. Analysts reinforced the move: JPMorgan lifted its price target to $24 with an Overweight rating, while Citi trimmed its targ
Aug 11 min read


MGM Crushes Earnings Estimates as Las Vegas Strip Sets Records
MGM Resorts reported second-quarter diluted earnings of $1.11 per share, nearly double Wall Street's $0.58 estimate, on revenue of $4.5 billion. Net income attributable to shareholders jumped to $292.4 million. Las Vegas Strip resorts generated $2.2 billion in revenue, up 3% from a year ago, while regional operations posted all-time best same-store quarterly revenue with record casino and slot results. Macau was roughly flat. MGM Digital grew revenue 20% year over year, thoug
Aug 11 min read


Stocks Close Out a Volatile July Higher as Amazon Surges, Yields Spike
Wall Street ended July on a strong note Friday. The Nasdaq rose 1% to 25,373.85, the S&P 500 added 0.7% to 7,489.72, and the Dow gained about 277 points to 52,485.03, notching its fourth straight monthly advance. Amazon's strong second-quarter results powered the session, offsetting a slide in Apple after a disappointing sales outlook. The gains came despite a sharp rise in bond yields: the 10-year Treasury topped 4.7%, its highest since January 2025, and the 30-year hit leve
Aug 11 min read


Chevron Posts $12.1 Billion Quarter, Its Biggest Profit Since 2022
Chevron reported second-quarter net income of $12.1 billion, or $6.11 per diluted share, on Friday — its largest quarterly profit since 2022. Adjusted earnings of $6.06 per share came in well ahead of analyst estimates near $5.27, a beat of roughly 15%. Revenue climbed 56% year over year to $70.1 billion as worldwide production rose 20%, with record U.S. output and near-full utilization at domestic refineries. Elevated crude prices tied to this year's Middle East tensions amp
Aug 11 min read


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
Gary Brecka Testifies as FDA Panel Narrowly Backs Compounded Peptides
An FDA advisory committee voted narrowly to allow pharmacy compounding of peptides including BPC-157 and TB-500, with biohacker Gary Brecka testifying in favor. The agency's own scientists objected.
Jul 282 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
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