This report kicks off the week with what I’m keeping an eye on, including key levels for the QQQs and insights into the Mag 7 stocks that have my attention ahead of the start of 2026. It also features my watchlist, spotlighting the stocks I’ll be tracking at today’s open.
The U.S. renewed strikes on Iranian targets near the Strait of Hormuz, including reported damage to oil infrastructure on Kharg Island, Iran’s main export terminal. Iran responded by attacking U.S. facilities and targets in Qatar and the UAE, while declaring diplomacy ineffective and again claiming the Strait was closed. Shipping traffic has fallen sharply, though some vessels are still passing.
White House plans to bring together utility companies and data centre developers for a voluntary pledge designed to ensure rapid growth in electricity demand from AI does not drive up power bills for households and businesses
Spokesperson for the Yemeni Armed Forces says the Saudi attack on Sanaa airport will not go unanswered and unpunished.
The UAE reportedly adjusted offshore oil pricing to support non-Hormuz options, and Kpler noted no LNG tanker transits through the Strait of Hormuz since Saturday.
UK Government says UK together with EU member states is today attributing the attack on Poland’s energy grid to Russia’s FSB centre 16
TSMC - June revenue (TWD) 442.68bln (+67.9% Y/Y), Q2 1.27tln (exp. 1.26tln)
Meta - is to spend USD 40bln more on its Louisiana data center, resulting in a total of over USD 50bln in the region
TSLA - Jefferies raised its price target to $400 citing a Q2 delivery/volume beat.
TSLA/SSNLF - Samsung has begun preparations to manufacture Teslaʼs AI5 chip using its 2nm process at its Texas plant, according to Yonhap. The chip is designed to power Teslaʼs Full Self-Driving system, Optimus robots and AI data centres, and has already completed its tape-out process. Initial operations are expected to begin later this year ahead of mass production in 2027.
META - Metaʼs AI detector failed to identify 55% of cropped images generated by its Muse Image model, Reuters found. It detected all 40 originals, but often lost the Content Seal watermark after heavy cropping. Meta said the tool remains a preview, while experts noted cropping, resizing, compression and editing can weaken watermark-based detection. Meanwhile, Meta is to spend USD 40bln more on its Louisiana data centre, resulting in a total of over USD 50bln in the region. Louisiana will expand to 5GW of compute capacity.
NVO - Phase 3 FRONTIER4 interim data showed denecimigʼs safety and efficacy were consistent across dosing regimens in 426 haemophilia A patients aged one year and older. Injection-site reactions were mild and transient, with no clinical evidence of neutralising antibodies.
GSK - Reported positive interim results from the registrational Phase 2 AZUR-1 trial of Jemperli in patients with stage II/III dMMR/MSI-H locally advanced rectal cancer. The single-arm study met its primary endpoint, demonstrating a meaningful and durable clinical complete response rate at 12 months, supporting the potential for Jemperli to become the first immunotherapy that could eliminate or delay the need for chemotherapy, radiation, and surgery in certain patients
HLMN - Hillman Solutions backs FY26 revenue view $1.63B-$1.73B, consensus $1.66B
CODI - Compass Diversified announced amended management agreement, cutting fees and reaffirming 2026 guidance.
AGEN - Agenus announcing an $85M capital raise (up to $340M with warrants) to fund a colon cancer drug trial.
QTTB - Q32 Bio shares are trading higher after the company it will report 36-week topline results from Part B of the SIGNAL-AA Phase 2a clinical trial on Monday, July 13, 2026.
BA - Reuters reports Riyadh Air plans to exercise options for 25-30 more 787s.
EOSE - Eos Energy price target lowered to $10 from $12 at Stifel
Market Focus
S&P 500 - The S&P 500 enters the week with a constructive setup after closing near 7,575 and pressing back toward the early-June highs around
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