- Ziggma
- Posts
- A Flood of Data Poised to Shape the Market Outlook
A Flood of Data Poised to Shape the Market Outlook
Earnings: V, PG, EPD, WELL
In partnership with
Market Performance
S&P 500: 6,390 (+0.02%)
Nasdaq: 21,178 (+0.33%)
Dow Jones: 44,837 (-0.14%)
Key Earnings and Macro Data Ahead
Investors are facing a pivotal week that could set the tone for markets and the broader economy for the rest of the year. Notably, they await key earnings from Big Tech, employment numbers and the outcome of the Federal Reserve’s meeting.
Evercore ISI’s chief equity and quantitative strategist, Julian Emanuel, calls it a “moment of truth for markets.”
Investors are bracing for heavyweight reports from Microsoft, Meta on Wednesday, followed by Apple and Amazon on Thursday—four of the “Magnificent Seven” tech giants responsible for a combined market cap of $11 trillion, making their results arguably the biggest test for the S&P 500 to date.
The focus is on whether AI investments—in AI-driven ads, cloud, and infrastructure—are translating into real revenue and margin gains, and whether capital expenditure guidance could rise again in companies like Microsoft and Amazon, following Alphabet’s recent upward revision to $85 billion.
Our Takeaway
Given how high expectations are, there is a risk for disappointment. Still, the AI gravy train probably still has legs.
Investors who are sitting on big gains from Big Tech would be well-advised to carefully track Big Tech earnings this week. If you keep reading The Market Scoop, you’ll be in the know.
Big Tech earnings are the thing to watch this week. The Fed meeting and trade are likely to take a back seat.
Beat the market before breakfast.
Join 100,000+ readers who get smarter about stocks, crypto, and income in 5 minutes flat with our free daily newsletter.
Stocks And Income is 100% free and focused on helping you find investment opportunities that outperform the market average.
No hype, no fluff, just real signals and strategy.
Did you miss these big winners?
✅ CoreWeave (before it soared 209%)
✅ Palantir (+441% this year)
Our readers didn’t.
Get the next big stock and crypto picks delivered daily.
Stocks & Income is for informational purposes only and is not intended to be used as investment advice. Do your own research.
Market Overview
Investor sentiment was lifted by news of a U.S.–EU trade agreement limiting tariffs to 15%, building on earlier deals with Japan and Southeast Asia and helping ease fears of escalating trade conflict.
At the end of the day, markets hardly budged as much of the news was already baked in.
Sector performance was mixed: tech and energy led gains (e.g. Tesla +3.6%, Nike +3.8%, AMD +4.3%), while real estate and materials lagged, and Tesla rallied on a major $16.5B chip deal with Samsung
Stock Moves Deciphered
SMCI rallied 10%, fueled by strong investor optimism ahead of Super Micro’s upcoming Q4 earnings report (Aug 5), as demand for AI infrastructure servers continues to build. A shift in U.S. export policy delaying stricter tech curbs on China boosted sentiment across semiconductor names, benefiting SMCI as trade tensions eased.
AMD shares climbed 4.3%, hitting a new 52-week high around $173.66, after reports that it significantly increased pricing on its high-end AI chip, the Instinct MI350 — from $15,000 to $25,000 — signaling growing confidence in its competition with Nvidia.
ALB plunged roughly 11% as investors locked in profits following a recent ~30% rally since April, spurred by higher lithium prices. The strong rebound was deemed transitory, and analysts warned that lithium supply would likely return, pressuring prices down again
Monday’s Biggest Moves in the S&P 500
Earnings Recap
Welltower (WELL) reported Q2 revenue of approximately $2.55 billion, representing a healthy 39.6% year-over-year increase and beating consensus expectations (~$2.50 billion).
Normalized Funds From Operations (FFO) came in at $1.28 per share, up 21.9% versus the prior year, bolstered by a 13.8% rise in same-store NOI, driven largely by the seniors housing operating portfolio (23.4% SSNOI growth).
Management raised full-year guidance, increasing the FFO outlook to $5.06–$5.14 (from $4.90–$5.04) and net income guidance to $1.86–$1.94 per share, signaling confidence in continued momentum
Waste Management (WM) reported Q2 revenue of $6.43 billion, up 19% year-over-year, beating analyst estimates (~$6.36 billion).
Adjusted EPS came in at $1.92, topping expectations of $1.89, while adjusted EBITDA margin expanded to 17.9%, with free cash flow margin improving to 11.1%.
Management reaffirmed full-year guidance, expecting EBITDA synergies in the $80–100 million range, driven by improved pricing, cost discipline, and performance in both legacy services and its WM Healthcare Solutions unit.
CEO Quote🎤: “Our second quarter results are a strong demonstration of our progress on all fronts.”
Enterprise Product Partners (EPD) reported distributable cash flow (DCF) of $1.9 billion, up 7% year-over-year, and adjusted EBITDA of $2.4 billion, supported by strong operational execution despite soft macro conditions.
The company delivered a strong adjusted EPS of $5.46, well ahead of forecasts (vs. ~$4.70), despite GAAP earnings falling to $2.26 due to impairments.
Looking ahead, management outlined nearly $6 billion in growth capital investments, including new gas processing plants, and reaffirmed confidence in rising discretionary free cash flow through 2026‑27.
CEO Quote🎤: “Our competitive advantage from our existing export infrastructure enables us to meet customer needs.”
What’s Next?
Key Earnings Today 👇
VISA (V): Quarterly revenue is forecast to grow by 10% to $9.8 billion while earnings are expected to grow at an even faster rate of 17% to $2.84 per share.
Procter & Gamble (PG): Analysts project quarterly revenue growth of 1.4% to $20.8 billion and with earnings per share up slightly by 1.4% to $1.42 per share.
United Health (UNH): Analysts project quarterly revenue growth of 12.9% to $112 billion with earnings down by 31% to $2.67 per share.
Bookings (BKNG): Analysts project quarterly revenue growth of 11.8% to $6.6 billion while earnings are expected to grow at an even faster rate of 20% to $50.36 per share.
Earnings This Week
Investors eagerly await earnings reports by the likes of V, MSFT, AAPL, AMZN, META, PG, SOFI and many more
Track upcoming news and earnings on your portfolio companies with Ziggma.
Chart of the Day
Meme of the Day
Great investing starts with great information. Forward The Market Scoop to anyone who wants to stay ahead of the market through a pertinent and entertaining newsletter format.
DISCLAIMER: None of this is financial advice. The newsletter is strictly educational and is not investment advice or a solicitation to buy or sell assets or make financial decisions. Please be careful and do your own research.