Research 07.07.2026

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🌏Markets:
  • SPY 1.70 -0.23%(pre/m)
  • QQQ -8.27 -1.14%(pre/m)

🆕Economic News:
  • 08:15 USA – ADP Employment Change
  • 08:30 USA – Balance of Trade
  • 16:30 USA – API Crude Oil Stock Change

📈 Gap Ups
Reaction to earnings/guidance:

Other news:
  • VRTX signs agreement to acquire CRNX for $10bn, or $8.8bn net of estimated cash acquired. ($85.00 per share in cash)
  • FISV discusses potential sale of debit payments network with major US banks
  • Software stocks rising while chipmakers are weak: NOW PLTR ORCL CRM ADBE ADSK SAP SHOP SNOW DDOG INTU PAYX TEAM
  • PLTR Expands Its Presence in Mexico and Strengthens Its AI Offering in the Insurance Sector with GNP Seguros

📉 Gap Downs
Reaction to earnings/guidance:
  • RIVN reported strong results, and its shares rose 8%.
    -- Right after the report, Rivian announced a secondary offering, sending the stock down 8%.

Other news:
  • Chipmakers are falling after record Samsung profit fails to calm AI chip worries WDC SNDK MU ASX MRVL AMKR INTC GLW ASML TSM NVDA
  • Samsung shares (#005930.KR) plunged 10% after a historically record-breaking report.
    -- Samsung preliminary reported a 19-fold YoY increase in operating profit for Q2 2026. Revenue rose 2.2x.
    -- Q2 profit exceeded the company’s combined profit for the past three years. KORU DRAM RAM
  • Anthropic told lawmakers that BABA Alibaba is copying its AI — NYT.

‼️Additional
  • DeepSeek is developing its own AI chip — RTRS.
  • China has continued buying gold for 20 consecutive months.
    -- In June, China significantly increased its purchases, buying 480,000 troy ounces, the largest purchase since October 2023.


📋 List of tickers involved:
VRTX CRNX FISV NOW PLTR ORCL CRM ADBE ADSK SAP SHOP SNOW DDOG INTU PAYX TEAM RIVN WDC SNDK MU ASX MRVL AMKR INTC GLW ASML TSM NVDA BABA

Best regards – hi2morrow team.

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