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As the second-quarter earnings season of 2026 approaches its most critical stretch, the global equity market finds itself at a pivotal crossroads.For over two years, a relentless, AI-driven bull run has propelled mega-cap technology valuations to historically elevated levels.However, the narrative on trading desks has undergone a fundamental shift. The era of rewarding companies simply for uttering the words “artificial intelligence” is officially over.As Alphabet, Microsoft, Meta, Amazon, and Apple prepare to open their books between July 22nd and July 30th, Wall Street is demanding concrete evidence of monetization.Investors are no longer grading on a curve; they want to see…

US stocks closed lower on Friday, capping a weak week for Wall Street as a deepening selloff in semiconductor stocks and renewed concerns over artificial intelligence spending weighed on investor sentiment. The decline came despite a strong start to the second-quarter earnings season, with rising geopolitical tensions in the Middle East adding to market uncertainty.The Dow Jones Industrial Average fell 394 points, or 0.75%, to close at 52,158.96. The S&P 500 declined 1.01% to 7,457.78, while the Nasdaq Composite dropped 1.40% to 25,511.12.For the week, the S&P 500 lost more than 1%, the Nasdaq fell over 2%, and the Dow…

Rocket Lab’s stock price plunged more than 12% on July 16, hitting its lowest level since April 13. The decline has pushed the shares down 55% from their peak this year, wiping out nearly half of the company’s market value as its valuation fell from $86 billion to around $40 billion. Despite the sharp sell-off, most analysts covering the company remain bullish, with many expecting the stock to recover as growth catalysts emerge.Analysts see Rocket Lab stock reboundRKLB stock has plunged in the past few weeks, mirroring the performance of most companies in the space industry. SpaceX, the biggest firm in…

IBM shares extended their sharp decline on Wednesday after suffering one of the biggest one-day selloffs in the company’s history, with analysts warning that changing corporate technology spending priorities could continue to weigh on the stock despite its long-term artificial intelligence ambitions.The shares fell more than 2.7% on Wednesday, adding to Tuesday’s 25% plunge that wiped out between $67 billion and $70 billion in market value.The stock has now fallen more than 27% this year after the company released preliminary second-quarter results that missed Wall Street expectations.The technology company reported adjusted earnings of $2.93 per share on revenue of $17.2…

ASML Holding raised its financial guidance for 2026 on Wednesday after reporting stronger-than-expected second-quarter earnings and announcing plans to increase capacity.The results showed that robust demand for artificial intelligence chips continues to fuel investment across the semiconductor industry.The Dutch company, the world’s largest supplier of semiconductor manufacturing equipment, now expects full-year 2026 net revenue of between €43 billion and €45 billion, representing a 16% increase at the midpoint from its previous forecast range of €36 billion to €40 billion.The upbeat guidance sent ASML shares more than 5% higher in Amsterdam, while its US-listed shares climbed about 3.5% in premarket trading.The…

Citigroup beat Wall Street estimates for second-quarter profit after reporting its highest quarterly revenue in a decade, as strong trading activity and higher investment banking fees boosted results.The bank reported net income of $5.8 billion, or $3.15 per share, representing a 45% increase from the same period last year.Analysts had expected earnings of $2.74 per share, according to data compiled by LSEG.Revenue rose 14% year over year to $24.8 billion, exceeding Wall Street expectations.At the time of writing, Citigroup shares rose 2.12% during Tuesday’s trading session.Citi’s shares have gained 20.6% so far this year, outperforming its Wall Street peers as…

UnitedHealth Group stock has been in a strong rally this year as investors cheered its turnaround efforts and the Trump administration’s decision to boost Medicare Advantage payments by a larger-than-expected rate. UNH jumped and peaked at $434 last week, up by 66% from its lowest point this year. This surge mirrored that of other health insurance companies like CVS, Humana, and Elevance Health.There are signs that this rally is about to end as the UNH stock has flashed some highly bearish chart patterns ahead of its earnings report.UnitedHealth Group stock technicals points to a retreatThe daily chart shows that UNH stock…

The S&P 500 Index continued rising and neared its all-time high on Friday as some big tech companies like Nvidia and AMD rebounded. It ended the week at 7,575, with its perpetual futures on Hyperliquid ticking downwards today. This article explains some of the top catalysts for the SPX Index and key ETFs like VOO and SPY.S&P 500 Index to react to earnings seasonThe biggest catalyst for the SPX Index will be the upcoming earnings season, which kicks off on Tuesday when five of the biggest banks release their financial results. Five banks worth almost $2 trillion will release their…

Retail investors, long considered one of the strongest pillars supporting the US stock market since the pandemic, are becoming increasingly selective as market leadership shifts rapidly and alternative investment opportunities gain traction.Recent data suggest individual investors are rotating between themes rather than making broad-based bets on the stock market. At the same time, a new Bank of America Private Bank survey shows younger wealthy investors are increasingly questioning whether traditional stocks and bonds can continue to generate above-average returns, with many allocating more capital to private markets, crypto and other alternatives.Retail traders rotate between market themesA Bloomberg report citing Vanda…

NY-headquartered Citigroup has been the perennial laggard of Wall Street for years, burdened by the legacy of the global financial crisis and an unmanageable corporate structure.However, the narrative has flipped, with a renowned wealth manager, Josh Brown, recently calling Citi “one of the top bank stocks” to own – driven by a profound operational turnaround engineered by CEO Jane Fraser.By aggressively divesting non-core international consumer operations and removing management layers, the bank has unlocked significant capital efficiency, he told CNBC.Heading into its Q2 release, Citi shares C are up more than 30% versus its year-to-date low.Why is Brown bullish on…