WinCap Financial

This could be the most important week of the summer for the stock market.
Earnings season officially kicks off this week, and it’s a big one.

Roughly 30 S&P 500 companies report, with the spotlight firmly on the financial sector. Tuesday is the busiest day, with JPMorgan, Bank of America, Goldman Sachs, Citigroup, and Wells Fargo all reporting. JPM and GS are priced to move about 4% and 5%. Then on Wednesday, we’ll hear from BlackRock and Morgan Stanley.

Outside of financials, ASML and Johnson & Johnson report Wednesday, followed by Taiwan Semiconductor, Netflix, GE Aerospace, and UnitedHealth on Thursday. NFLX is priced to move close to 9%. These companies will give us an early read on AI spending, consumer demand, healthcare, and industrial activity.

On the economic side, inflation takes center stage. Tuesday brings CPI, Wednesday brings PPI, and Thursday rounds out the week with Retail Sales. Headline CPI (YoY) is expected to

Commentators were saying the AI trade was dead, and Micron just said hold my beer.

The market was looking for a reason to stop punishing AI winners, and Micron just delivered one. You should expect a positive read-through into semis, AI infrastructure, Nasdaq, and high-beta growth. Could macro headlines or rates spoil it? Always. But absent a new macro shock

Robert Downey Jr. reportedly in talks with Snapchat for $100M
deal to be ambassador for their
Specs AR glasses.
Costing $2,195, they project digital infomation into your vision similar to the Iron Man suit.

One of the reasons Wall Street hasn't loved Snap Inc. is because of their $1 billion annual dilution via employee stock compensation. By the time he is allowed to sell his shares they could take another 50% haircut.