🌏Markets:

• SPY +3.44 0.46%(pre/m)
  
• QQQ +0.96 0.14%(pre/m)
  

🆕Economic News:

• Dow, S&P 500, Nasdaq futures rise as Trump calls off Iran attack
  
• 10:00 USA – ISM Manufacturing PMI
  

📈 Gap Ups
Reaction to earnings/guidance:

• ATKR SUPN CNH INDV MMYT LIND $L HESM
  

Other news:

• FERG on strong construction demand and infrastructure spending optimism.
  
• AMC Shatters Weekend Revenue Records - Sets the Highest Weekend Revenue Mark in the Company's 106-Year History
  
• BABA launched its biggest AI model yet, claiming it rivals Anthropic's best
  
• Goldman Sachs reshuffled its U.S. Conviction List in its August update, adding Microsoft MSFT and five other names ( AMAT DAL VIK ORLY UPS ) while removing Broadcom AVGO and three others ( DKS JNJ NOW ).
  
• LNTH Announces Definitive Agreement to Merge with Lantheus
  
• KKR to Buy ITGR for $4.3 Billion
  
• META Scales Back Wipro Outsourcing Following AI-Led Business Restructuring
  
• Roth Capital and Morgan Stanley raised their Amazon AMZN price targets, citing strong AI investment returns and improving AWS profit.
  

📉 Gap Downs
Reaction to earnings/guidance:

• SRAD TWST TGTX TSN MAR AVA
  

Other news:

• GME : company said it has agreed to exchange about $1.4 billion of its outstanding convertible senior notes for shares of its Class A common stock in a private transaction. This move will significantly reduce its long-term debt but also increase its outstanding share count.
  
• CRCL Leads Crypto Stocks Lower After Morgan Stanley Downgrade Adds To Bitcoin, CLARITY Act Pressure / BMNR COIN
  
• AZN shares slide 7% on talks to buy BMY
  
• Memory sector plunges on SK Hynix SKHY , Samsung’s $1.3T Spending Worries US Chipmakers / MU SNDK WDC STX
  
• BE Sued for Securities Law Violations
  

‼️Additional

• Trump announced talks with Iran on Monday.
  -- Trump said the US and Iran had reached understandings on the Strait of Hormuz and that he also expects a deal on the nuclear program.
  -- Following Trump’s statement that talks with Iran are beginning today, Iran’s Foreign Ministry said it does not plan “in these days” to host a delegation or send an Iranian delegation for talks with the US.
  
• The US Senate has 72 hours left to vote on the CLARITY Act crypto market structure bill before lawmakers leave for the summer recess.
  
• Goldman Sachs warns that reducing the length of FOMC commentary and the number of FOMC meetings, as proposed by new Fed Chair Warsh, could lead to pricing errors and increase market volatility.
  

📋 List of tickers involved:
ATKR SUPN CNH INDV MMYT LIND $L HESM FERG AMC BABA MSFT AMAT DAL VIK ORLY UPS AVGO DKS JNJ NOW LNTH KKR ITGR META AMZN SRAD TWST TGTX TSN MAR AVA GME CRCL BMNR COIN AZN BMY SKHY MU SNDK WDC STX BE

Best regards – hi2morrow team.