UTEX

A season of strong earnings and high expectations One of the most optimistic earnings seasons in recent years has kicked off 👇 ❤️‍🔥 Analysts expect S&P 500 companies profits to grow by 24%. This would mark the second consecutive quarter with profit growth above 20% and the best result since late 2021. ❤️‍🔥 Profit growth is expected in 10 out of 11 sectors. The leaders are energy, technology, and materials. The only sector where a decline is forecast is healthcare. Ahead of the season, analysts actually raised their expectations (they usually lower them): 🔼 EPS from 18.8% to 23.6%; 🔼 revenue from 9.5% to 12.3%. Over the past 10 years, 76% of companies have beaten profit estimates; over the last 4 quarters, that figure is 80%. If the trend holds, the final quarterly profit growth could approach 29–31%. Meanwhile, the S&P 500 is already near all-time highs. A perfect scenario is priced in — strong earnings, steady economic growth, and the continuation of the AI boom. But inflation remains elevated, especially against the backdrop of Trump's recent actions toward Iran. Treasury yields have risen to a two-year high, and rate hike expectations are growing. Because of that, right now it's important to watch: ✔️ Management guidance. ✔️ Commentary on AI and data center spending. ✔️ How the market reacts after earnings reports. If strong reports stop driving stock prices higher, it could be the first signal that the market has reached peak optimism. UTEX

SaaS companies decline after IBM's preliminary results. Inflation beats expectations ↘️ IBM (IBM) -22%. Preliminary quarterly results show revenue of $17.2B, below the forecast of $17.86B. Clients have prioritized spending on AI infrastructure, including servers, storage, and memory. The results reflect an industry‑wide shift toward AI infrastructure spending and a pullback in traditional software budgets. CEO Arvind Krishna said in a letter to investors that the company stumbled this quarter in adapting quickly to changing market conditions, leading to many large deals not closing as expected. ↘️ SaaS stocks sold off following the IBM data: Workday (WDAY) -5%, ServiceNow (NOW) -6%, Salesforce (CRM) -5%. ↘️ JPMorgan Chase (JPM) -3%, Wells Fargo (WFC) -1%, Goldman Sachs (GS) +1%, Bank of America (BAC) -1%, Citigroup (C) -1%. All banks reported better‑than‑expected results. ↘️ Fastenal (FAST) -1%. A global wholesale distributor of industrial and construction supplies. Earnings per share matched consensus, while revenue beat expectations. Net income rose 15.9% to $382.8M, up from $330.3M in Q2 2025.

"Results reflected strong daily sales growth, operating expense leverage, and continued growth with larger customers supported by our onsite, digital, and supply chain solutions," the company said in a press release.

↗️ Tower Semiconductor (TSEM) +22%. A leading independent manufacturer of analog and mixed‑signal semiconductor components. The company plans to invest $3B to expand its advanced chip production for AI infrastructure in Japan. The project will also receive $1B in financial support from the Japanese government. In the first phase, Tower will convert its Arai plant in Japan into a production facility for 300‑mm silicon photonics chips. Commercial operations are expected to begin in Q4 2027. The company expects revenue of $3.6B and net profit of $1.2B in 2028, compared to previous forecasts of $2.8B and $750M, respectively. The second phase will run in parallel with the first and involves building an additional 300‑mm semiconductor plant adjacent to the existing Fab 7 site. "We anticipate ⁠track two to provide the path for continued growth far beyond 2028," Tower CEO Russell Ellwanger said. ↘️ HCA Healthcare (HCA) -12%. The hospital operator released preliminary quarterly results and lowered its full‑year earnings per share guidance. Consumer inflation (CPI) for June 🔘Month‑over‑month: -0.4% (forecast -0.1%, previous +0.5%) 🔘Year‑over‑year: +3.5% (forecast +3.8%, previous +4.2%) 🔘Core CPI year‑over‑year: +2.6% (forecast +2.8%, previous +2.9%)

Top trading ideas for this week 🔴 Netflix (NFLX). Report on July 16 after market close. The stock has fallen 41% over the year, with support forming around $70. Competition with Disney, HBO Max, and YouTube is intensifying. Ad‑supported video services like Tubi and the Roku Channel are also gaining popularity. Netflix is considering launching genre‑based and linear 24/7 channels. The company remains the leader in subscription streaming, but its viewing share dropped in April to its lowest level since May 2025. It's hard to predict what will happen after the report — Netflix knows how to surprise. Current prices look potentially decent for the medium term, but it's better to wait for the report. 🔴 ASML Holding (ASML). Report on July 15 before market open. Another chipmaker, Taiwan Semiconductor (TSM), reports on July 16 before the open. Their results will set the tone for the entire sector: NVDA, ARM, AMD, AVGO, QCOM. With strong results, moderate inflation, and reduced geopolitical tensions, the market has a chance to break through all‑time highs and hold above them. 🔴 UnitedHealth (UNH). Report on July 16 before market open. The company combines a health insurer and a healthcare provider. We recommended it for the medium term ahead of the last report. Since then, the stock has risen 38%, but prices are still reasonable. In June, BofA Securities upgraded UNH from “Neutral” to “Buy.” Historically, UnitedHealth shares tend to react quite strongly to earnings. 🔴 Banking sector. JPMorgan Chase, Bank of America, Goldman Sachs, Wells Fargo, Citigroup, Morgan Stanley — almost all will report on Tuesday before the open or on Wednesday. There hasn't been much significant news in this sector for a while, but banks are traditionally in the spotlight for investors. We don't recommend trading them, but you can add them to your watchlist as a market sentiment indicator. 🔴 Aehr Test Systems (AEHR). Report on July 14 after market close. The company's solutions allow testing and burn‑in of chips (exposing hidden defects under load) while they are still in wafer form or as individual dies. Despite its relatively small market cap (just over $2B), AEHR shares have shown high volatility over the past six months. We expect strong moves after the report and intraday. 🔴 High risk, for professionals. Profitable deals!

Crypto and stocks edged higher. A new earnings season and inflation data are ahead 🔥 Markets are approaching June's all‑time highs: the SPY gained 1.37%, the Nasdaq rose 1.81%. 🏆 Top gainers: Arista Networks +16%, Alibaba +16%, Meta +14%, Seagate Technology +11%. ➖ Among the losers: AstraZeneca (-12%), SpaceX (-10%), Intel (-8%). 🪙 Bitcoin is currently trading at $63,000. Ethereum is near $1,800. 🌎 Markets were volatile due to the US‑Iran conflict. By midweek, quotes stabilised thanks to hints of a peaceful resolution, but by Friday tensions escalated again. Overall, news from the Middle East no longer has as strong an impact on the market. 🔎 This week will be decisive for cementing the upward trend of the past two weeks. On Tuesday and Wednesday, Fed Chair Kevin Warsh will testify before Congress. On those same days, fresh consumer (CPI) and producer (PPI) inflation data for June will be released. 📅 The new earnings season kicks off today. As usual, the largest US banks will report first: JPMorgan Chase, Bank of America, Goldman Sachs, Wells Fargo, Citigroup, and Morgan Stanley. Also reporting this week: ASML, Johnson & Johnson, Taiwan Semiconductor, UnitedHealth, GE Aerospace, Netflix, and Abbott Laboratories. UTEX

Event Calendar for the Week of July 13–19 The new earnings season kicks off on Monday. Monday, July 13 🌙 FB Financial Corporation. 📊 June federal budget report. Tuesday, July 14 🌞 Citigroup, Fastenal, JPMorgan Chase, The Goldman Sachs Group, Wells Fargo. 🌙 Aehr Test Systems, Phoenix Education Partners. 📊 API crude oil inventories. 📊 Consumer Price Index (CPI) for June. 👨‍🦳 Fed Chair Kevin Warsh will deliver a speech before the House Financial Services Committee. 💲 Last day to buy for dividend entitlement: Mid-America Apartment, Abbott Labs, AbbVie. Wednesday, July 15 🌞 ASML, Johnson & Johnson, The Progressive Corporation, Cintas, Conagra Brands. 🌙 United Airlines, J.B. Hunt Transport Services, Karooooo. 📊 EIA crude oil inventories. 📊 Producer Price Index (PPI) for June. 👨‍🦳 Kevin Warsh will deliver a speech before the Senate. 📓 Federal Reserve Beige Book. Thursday, July 16 🌞 Taiwan Semiconductor Manufacturing Company (TSMC), UnitedHealth, Abbott Laboratories. 🌙 Netflix, Intuitive Surgical, Alcoa. 📊 Initial jobless claims. 📊 EIA natural gas storage. 📊 Retail sales for June. 📊 Pending home sales. 💲 Last day to buy for dividend entitlement: UDR, EOG Resources. Friday, July 17 🌞 The Travelers Companies, Regions Financial Corporation. 📊 New home sales and building permits. 📊 Industrial production for June. 📊 University of Michigan Consumer Sentiment Index. 📊 Consumer inflation expectations. 📊 Congressional hearings on the CLARITY Act crypto market structure bill. 💲 Last day to buy for dividend entitlement: Zoetis, Colgate-Palmolive, PNC Financial, Healthpeak Properties. UTEX

What to add to your watchlist today 📌 We've selected several timely midterm investment ideas. Add them to your own lists, or create a watchlist of ideas by UTEX. Arrange the tickers in any order you like, or enable automatic sorting — you can customize the Favorites section as you like. ⭐️ Set up watchlists: https://go.utex.io/utexfavs

Circle to open its own bank. Bitcoin at $64,500 ↘️ Delta Air Lines (DAL) -1%. Earnings per share and revenue exceeded expectations. Delta's brand and industry position are stronger than ever," said Ed Bastian, Delta's chief executive officer. ↗️ WD‑40 Company (WDFC) +15%. The lubricant manufacturer reported earnings per share and revenue significantly above consensus. ↗️ Circle Internet Group (CRCL) +12%. The issuer of USDC has received approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national trust bank, First National Digital Currency Bank, which will operate under the brand Circle National Trust. This places the organization under direct federal oversight by the OCC. The Circle bank will initially provide fiduciary services for the custody of digital assets for Circle and its affiliates. Subsequently, the bank will be able to offer digital asset custody services to a limited number of institutional clients — primarily banks and other financial institutions, including regulated derivatives entities. ↗️ Shopify (SHOP) +2%. Stifel upgraded the company to "Buy" and raised its price target from $110 to $150. Analysts believe the 23% decline in shares since the start of the year has created an attractive entry point. They characterize SHOP as a high‑quality asset with a widening competitive moat. Analyst J. Parker Lane noted that Shopify is "writing the agentic commerce playbook" continuing to gain market share through migration from legacy platforms, enterprise, B2B, international expansion, and payment services. 🪙 Bitcoin gained nearly 3% in 24 hours, currently trading around $64,500. Ethereum +3.5% at $1,800.

Palantir partners with Rackspace Technology. Drug from Ionis and AstraZeneca fails trial ↘️ Rackspace Technology (RXT) -2%. The cloud provider sharply lowered its fiscal 2026 revenue guidance. But there is also good news: Rackspace Technology and Palantir announced a partnership. Palantir's $317B market cap and its rapidly expanding software platform, combined with Rackspace's infrastructure expertise, promise synergy. The collaboration targets organizations in healthcare, financial services, energy, and the sovereign sector that require data control and cannot move information abroad. ↘️ PepsiCo (PEP) -1%. Earnings per share and revenue came in slightly above expectations. North American food sales declined 2% due to a strategy of lowering prices on flagship snack brands Lay's and Doritos by up to 15%. Management reaffirmed its full‑year guidance without raising it, disappointing investors amid rising revenue. ↘️ Levi Strauss (LEVI) -4%. Earnings per share and revenue beat expectations, but management expects third‑quarter revenue growth of only 4–5% — a notable slowdown from 8% in the second quarter. CFO Harmit Singh noted that unstable trade policy makes it difficult to fully account for possible tariff advantages in forecasts. ↗️ Aehr Test Systems (AEHR) +16%. The company received a repeat production order from a key customer in silicon photonics for a fully automated FOX‑XP wafer‑level burn‑in system. ↘️ Ionis Pharmaceuticals (IONS) -19%. The drug Wainua, developed jointly with AstraZeneca for neurological diseases, failed to meet primary endpoints in a late‑stage trial. Specifically, it failed to reduce cardiovascular mortality and the rate of recurrent cardiac complications. Competitor stocks rose: ↗️ Alnylam (ALNY) +17%, ↗️ BridgeBio Pharma (BBIO) +10%. Both companies already have approved drugs for the same disease. Wainua's failure removes a potential competitor from the market.

Beazer Homes +14% The US homebuilder rejected Dream Finders' $32-per-share takeover offer, calling it inadequate, and requested a higher bid under a confidentiality agreement. Trade BZH: https://go.utex.io/814rp4 #intraday #midterm

Alibaba expands instant commerce. Goldman Sachs cuts price target on Bath & Body Works ↘️ Bath & Body Works (BBWI) -4%. Goldman Sachs downgraded BBWI from "Neutral" to "Sell" and lowered its price target from $23 to $19. Analysts cited weakening consumer sentiment toward the brand and risks associated with recently expanded third‑party distribution channels. ↗️ Alibaba (BABA) +9%. A pre‑earnings briefing showed that losses in the instant commerce segment have narrowed significantly, while overall profitability remained at an acceptable level. Alibaba is also systematically consolidating its lineup of enterprise AI agents. The company is combining QoderWork, Wukong, and MuleRun into a productivity platform under the leadership of DingTalk CEO Chen Yusen. ↘️ FuelCell Energy (FCEL) -20%. The company announced a public underwritten offering of $225M at $21 per share, representing a significant discount to the previous closing price of $25.96. Investors are selling due to concerns about equity dilution. FuelCell Energy intends to use the net proceeds for capital expenditures to expand production capacity, working capital, and general corporate purposes. ↘️ Kura Sushi USA (KRUS) -11%. A Japanese restaurant chain. Revenue fell short of expectations. ↗️ Helen of Troy (HELE) +6%. Earnings per share and revenue beat expectations. The 2027 revenue forecast was raised, though only slightly above consensus. ↗️ Penguin Solutions (PENG) +3%. A global provider of infrastructure solutions specializing in high‑performance computing (HPC), memory systems, and AI deployment. The report beat expectations, and the company raised its fiscal 2026 guidance. Demand for AI memory drove 48% revenue growth.

SpaceX enters the Nasdaq 100 today. Memory chipmakers dip again ↘️ SpaceX (SPCX) -1%. The company will officially join the Nasdaq 100 index today. ↗️ Fiserv (FISV) +5%. The Wall Street Journal reported that some large banks are considering acquiring the fintech group's network. ↘️ Micron Technology (MU) -5%. Investors were disappointed by weak results from Samsung, a competitor of Micron in memory chip manufacturing. Western Digital and SanDisk are also declining. ↘️ Rivian Automotive (RIVN) -10%. The electric vehicle maker filed for a 75 million share offering. The company will use the net proceeds for general corporate purposes, including funding equity contributions required under its amended loan agreement with the U.S. Department of Energy. These funds are related to the construction of its manufacturing facility in Georgia. The offering announcement overshadowed strong preliminary Q2 2026 results. ↗️ Figma (FIG) +5%. A platform for designers, web developers, and marketers. Bank of America assigned a "Buy" rating and a $30 price target. Analysts believe concerns about the negative impact of generative AI on the company are overblown, and the 85% drop from the 52‑week high represents an attractive entry point. According to Tal Liani, AI is more of a tailwind than a headwind for Figma. While AI can accelerate initial content creation, it could also increase the number of people engaged in digital product development, leading to greater workflow complexity and driving demand for a centralized collaboration platform.

Bitcoin is showing signs of life again. Check out the crypto section: https://go.utex.io/jy4boi

Top trading ideas for this week 🟡 PepsiCo (PEP). Report on July 9 before market open. Medium‑term prices look quite reasonable. Support around $130. Don't expect explosive or fast growth — more of a long‑term story with a 4% dividend yield. 🔴 Penguin Solutions (PENG). Report on July 7 after market close. A manufacturer of integrated AI infrastructure, managing computing systems for enterprise clients. From April 2026, the stock rose from $17 to $77. It has since pulled back to $60, with volatility spiking. A strong move after the report is highly likely. 🟡 Simply Good Foods (SMPL). Report on July 9 before market open. A producer of functional and diet foods under the Atkins, Atkins Endulge, and Quest brands. Over the year, shares have fallen from $30 to $10. Over the past month, they have tried to bounce (+16%), which could turn into a decent medium‑term play. Consensus estimates from major agencies are moderately positive: about 30% of analysts recommend buying, 70% say “hold.” 🔴 Bitcoin has been stable above $60,000 since July 1 and is attempting to establish an uptrend. If it succeeds, crypto stocks could see a nice rise. Ethereum is also holding up for now. Strategy (MSTR) Coinbase Global (COIN) BitMine (BMNR) 🔴 Among the most volatile stocks on the market. Michael Burry has joined the shorts in MU. Micron Technology (MU) SanDisk (SNDK) Western Digital (WDC) Seagate Technology (STX) Choose what suits you best: 🟡 Medium risk, for traders with some experience; 🔴 High risk, for professionals. Profitable deals!

Burry shorts Micron and other chipmakers. Bitcoin back above $60,000 🔼 Over the shortened week, indices edged higher: the SPY rose 2%, while the Nasdaq gained 0.8%. Top gainers included Palantir (+14%), Palo Alto Networks (+14%), and Apple (+8%). Notable decliners were SanDisk (-22%), Micron Technology (-15%), and Marvell Technology (-8%). 🪙 Bitcoin rose 5% over seven days, currently trading at $62,700. Ethereum jumped 13%, now at $1,760. 🐻‍❄️ Michael Burry (The Big Short) said in a Friday Substack post that he has opened a short position in Micron at $1,051.87. He also has shorts in Nvidia, Applied Materials, and the iShares Semiconductor ETF — Burry expects a correction in AI chip developer stocks. 📰 Non‑farm payrolls increased by only 57,000, half the forecast (115,000). Prior months were revised down by 72,000. The unemployment rate fell from 4.3% to 4.2%, but largely because some jobless Americans stopped actively looking. The labour force participation rate dropped to 61.5%, the lowest since March 2021. 👱‍♂️ On Tuesday, July 7, SpaceX is set to join the Nasdaq 100 before the market open. 🏦 On Wednesday, the Fed will release the minutes from its latest rate meeting. Inflation is double the desired level, and half the committee members forecast a rate hike by year‑end. 🔔 The new earnings season kicks off on July 13. This week, we highlight results from Levi Strauss, PepsiCo, Delta Air Lines, and PriceSmart. UTEX

Event Calendar for the Week of July 6–12 Monday, July 6 📊 Services and Composite PMI. 💲 Last day to buy for dividend entitlement: Edison. Tuesday, July 7 🌙 Penguin Solutions, Enerpac Tool Group, Kura Sushi USA. 📊 API crude oil inventories. 📊 ADP employment data. 📊 Trade balance. Wednesday, July 8 🌞 Helen of Troy, Nurix Therapeutics. 🌙 Levi Strauss, AZZ. 📊 EIA crude oil inventories. 📄 Release of latest FOMC meeting minutes. 💲 Last day to buy for dividend entitlement: Accenture. Thursday, July 9 🌞 PepsiCo, The Simply Good Foods, Byrna Technologies. 🌙 WD‑40 Company, Simulations Plus. 📊 Initial jobless claims. 📊 EIA natural gas storage. 📊 Existing home sales. 💲 Last day to buy for dividend entitlement: AT&T, Darden Restaurants, General Mills, Verizon. Friday, July 10 🌞 Delta Air Lines. 💲 Last day to buy for dividend entitlement: Hormel Foods. UTEX

We released a bot that tracks profitable funding rates 🤖 Market-neutral arbitrage is a strategy the UTEX team has tested firsthand and broken down in a detailed guide. Earn recurring funding payments on Binance (or another crypto exchange) while hedging your exposure with an opposite position on UTEX. The challenge is that funding rates are constantly changing. A rate can, for example, drop to zero, or flip from positive to negative, or become unprofitable after overnight fees and commissions. Tracking funding rates manually means spending multiple hours every day. We've built a free assistant that does it for you 🙌 The Binance Funding bot: 🔎 Scans Binance instruments and identifies funding rates above 0.1% or below −0.1%. ✔️ Shows the ticker, current price, funding rate, and funding history for the last five funding intervals. The bot handles all the routine, while you decide if you should enter a trade. Meanwhile, we cover all the basics, like calculations for futures and stocks, real-world examples, and a step-by-step walkthrough of the strategy in our guide to funding arbitrage. To unlock the guide, fund your UTEX margin account with $500 or more. Or, if you already have that amount in your account, just contact support at @utex_help_bot. 👉 Open the bot: https://t.me/+QuxHcTaXEccyMDMy

Robinhood to launch blockchain for tokenized real‑world assets. Palantir secures contracts with Nvidia and the US Army ↗️ Palantir (PLTR) +3%. Continues to rise following the announcement of a sovereign AI partnership with Nvidia and a contract with the US Army under the Next Generation Command and Control program. ↗️ Lindsay (LNN) +4%. A manufacturer of irrigation systems for agriculture. Quarterly revenue missed expectations — sales fell 5.1% year‑over‑year to $160.8M. However, earnings per share beat consensus. ↗️ Robinhood (HOOD) +3%. The company unveiled a number of initiatives at its crypto event “The World is Flat,” including the official launch of Robinhood Chain — an Arbitrum‑based blockchain designed to support tokenized real‑world assets. ↘️ Bending Spoons (BSP) -6%. The Italian owner of video platform Vimeo, the AOL brand, ticketing marketplace Eventbrite, and WeTransfer. The company uses a business model that combines the approaches of a classic IT company and a private equity fund. Yesterday, shares rose more than 30% following its IPO. ↘️ Franklin Covey (FC) -18%. A coaching company in leadership, personal effectiveness, and business performance. Earnings per share and revenue were roughly in line with expectations, but the full‑year revenue forecast was lowered. 📰 Non‑farm payroll change for June: +57,000 (forecast +114,000, previous +129,000). 📄 Unemployment rate for June: 4.2% (forecast 4.3%, previous 4.3%). The market's initial reaction to the jobs report is positive.

🚀 In June, every fourth user on UTEX traded SpaceX. By number of traders, the stock outpaced PLTR by two to one. Traders earned the most profit for the month on the space (NASA) and semiconductor (SOXL) ETFs — $42,000 and $35,000 in profit respectively. Our top trader made +$65,000, while someone else simply held dividend stocks and collected $5,000 in payouts. Check out the gallery to see what else stood out about June 👆 📈 Compete for the title of best trader of July on UTEX: https://go.utex.io/utex-post

Nike at 12-year low. ServiceNow upgraded by Guggenheim ↗️ Bloom Energy (BE) +8%. The company announced it is expanding its AI infrastructure partnership with Brookfield to $25B. ↗️ Constellation Brands (STZ) +2%. The Corona beer maker reported better-than-expected earnings per share and revenue. The company also gave a confident outlook for the full fiscal 2027. ↘️ Nike (NKE) -3%. Earnings per share came in above expectations: $0.20 versus a forecast of $0.12. Revenue of $10.97B was down 1% year-over-year but beat the consensus of $10.85B. Investors were disappointed by the guidance — Nike expects revenue to decline by several percent over the next two quarters due to worsening sales in China. The sportswear giant is focusing on inventory management and cost optimization, putting immediate revenue growth on hold. ↗️ FMC (FMC) +5%. The agricultural company agreed to a $400M equity investment from Tessenderlo, which will give the Belgian group approximately 20% of the shares. ↗️ ServiceNow (NOW) +5%. Guggenheim analyst John DiFucci upgraded the stock from Neutral to Buy with a $125 price target. “We believe current levels present an attractive opportunity for investors to purchase a comfortably profitable stock likely to continue to grow at double digits,” DiFucci noted.

We found a market inefficiency that lets you consistently profit with limited trade risk — regardless of where the market moves. How the strategy works 1️⃣ Find an instrument with a positive funding rate on Binance or another crypto exchange. 2️⃣ Open a long position on UTEX and a short position on Binance for the same amount. 3️⃣ Collect funding payments on the crypto exchange while the two positions hedge each other. This isn't passive income: funding rates change, commissions and overnight fees must be taken into account, and positions require active monitoring. But the strategy works and can be applied both to futures and stocks. We've put together a detailed guide covering the fundamentals, step-by-step execution, entry and exit rules, calculations, and key nuances. How to get the guide 1️⃣ Fund your UTEX—Margin account with at least $500 — that's enough to try the strategy in practice and get your first results. 2️⃣ Message our support team, and we'll send you the guide. Free of charge. Fund your account: https://go.utex.io/sd73z9