U.S. Equity Outlook

Renewed US-Iran tensions are lifting energy names while pressuring tech and key S&P levels.

• Energy refiners benefit: Supply concerns via the Strait...

• S&P 500 firms projected to deliver 24% YoY profit growth—one of the strongest readings in history.
• Non-tech sectors show resilient EPS growth...

Rate-hike odds jumped Monday after oil prices spiked on U.S.-Iran tensions.

• CME FedWatch now sees 46.5% chance of a 25 bp July 29 hike, up from 34%...

June CPI is expected to ease to 3.8% y/y and core to 2.8%, with new Fed Chair Warsh testifying alongside multiple speakers and key data releases on...

RBC upgraded Technology to overweight as the sector's one-third index weight makes constructive S&P views nearly impossible without it, while cutting...

AI data center spending is surging far beyond Wall Street forecasts, reaching $750 billion in 2026 and fueling semiconductor demand.

• ON...

US-Iran escalation drove mixed equity futures Monday, with tech and S&P 500 under pressure while the Dow held up and energy names gained on surging...

TSMC reports July 16 as the AI earnings bellwether, delivering critical signals on hyperscaler capex that will frame expectations for Nvidia and the...

Holtec Nuclear's U.S. IPO filing seeks to harness AI-linked electricity demand and federal backing for carbon-free power, extending the AI investment...

Tuesday's June CPI at 8:30 AM ET will set the tone for Fed Chair Warsh's 10 AM congressional testimony, directly linking inflation prints to policy...

Wall Street veteran James E. Thorne calls the S&P 500 to 14,000 by 2031, nearly doubling from current levels, as investors underestimate AI-driven...

SouthState Bank (SSB) earns a Strong Buy consensus with 18% upside as JPMorgan raises its price target to $120 from $115, keeping an Overweight rating...

Macro & Policy Watch

• 🔥 Inflation Data & Warsh Testimony: June CPI/PPI releases and Fed Chair Warsh congressional testimony this week will...

Wall Street banks are poised for $11.1bn in Q2 fees, up 27% YoY and the highest since 2021, driven by SpaceX's record IPO and M&A resurgence.

• Macro...

AI data centers hit a bandwidth wall best solved by optical chips, not copper.

• POET Technologies: Shipping 30,000+ optical engines in 2026 with...

Market leadership is shifting beyond mega-cap tech amid record valuations that now sit just 3.5% below the 1999 dot-com peak.

• Industrials benefit...

Three catalysts converge this week to drive macro-led equity swings: June CPI, Fed Chair Warsh's testimony, and major bank results.

• CPI Release:...

Netflix shares have plunged $257 billion since last June, driving its P/E ratio to 23.7—the lowest since October 2022—while Q2 revenue is expected to...

Wall Street dinged O'Reilly on its rumored $10B cash bid for Genuine Parts' NAPA unit, but the move accelerates a breakup GPC already planned for 2027 and sets a public valuation that activists can leverage.

• Bank earnings begin Tuesday with JPMorgan, Bank of America, Citigroup, Wells Fargo and Goldman Sachs, offering direct views on consumer health, M&A...