US President Trump: TSMC Announces Additional $100 Bln Investment In Arizona truthsocial.com/@realDonaldT...

SpaceX In Talks To Provide Computing Power For Pentagon’s AI Push - WSJ www.wsj.com/tech/ai/spac...

Advisor To Iran's Supreme Leader Rezaei: If US Seizes Any Points In Iran, We May Enter An Offensive War Instead Of A Defensive One - State TV

IRGC Targeted Ship In Strait Of Hormuz - Tasnim t.me/Tasnimnews/4...

US Baker Hughes Rig Count 17-Jul: 588 (prev 581) - Rotary Gas Rigs: 126 (prev 126) - Rotary Oil Rigs: 452 (prev 445)

Apple Reportedly In Early Settlement Talks With US DoJ Over Antitrust Suit

US NY Fed GDP Nowcast Q2: 2.80% (prev 2.73%) www.newyorkfed.org/research/pol...

Trump Media Pitched $100,000 Monthly Fee For Fast Feed Of President’s Posts - FT www.ft.com/content/e466...

Meta In Talks To Lease Computing Power To Anthropic In Potential $10 Bln Deal – NY Times www.nytimes.com/2026/07/17/t...

US Sending Dozens More Refuelling Planes To Israel Ahead Of Possible Escalation – Axios www.axios.com/2026/07/17/t...

Bushehr Dep. Governor: Oil Tanker, Empty And Docked At Kharg Island, Was Again Hit By US Missiles - IRNA

US Univ. Of Michigan Sentiment Jul P: 54.4 (est 51.0; prev 49.5) - Current Conditions: 54.9 (est 48.7; prev 47.7) - Expectations: 54.0 (est 51.9; prev 50.7) - 1-Year Inflation: 4.2% (est 4.4%; prev 4.6%) - 5-10 Year Inflation: 3.3% (est 3.3%; prev 3.3%)

US Industrial Production (M/M) Jun: 0.1% (est 0.2%; prev 0.1%; prev R 0.1%) - Manufacturing (SIC) Production: 0.0% (est 0.1%; prev 0.0%; prev R 0.1%) - Capacity Utilization: 76.1% (est 76.2%; prev 76.2%)

Travelers Q2 2026 Earnings - NII $1.07B (est $1.02B) - Rev. $12.15B, +0.3% Y/Y - Core EPS $10.04 vs. $6.51 Y/Y - Total Rev $12.15B (est $11.35B)

Eurozone CPI (Y/Y) Jun F: 2.8% (est 2.8%; prev 2.8%) - CPI Core (Y/Y): 2.4% (est 2.4%; prev 2.4%) - CPI (M/M): -0.1% (est -0.1; prev -0.1%)

Germany Said To Prepare For Talks With UniCredit On Commerzbank

#$AAPL HSBC Raises Apple To Buy From Hold; Raises Target Price To $366 From $260

Sell-side analysts raised Q2 S&P 500 EPS expectations by 3.4% between March 31 and June 30. Largest pre-season increase in five years. Analysts typically cut estimates heading in, following conservative guidance. This time they moved the opposite direction.

Eurozone ECB Current Account SA (EUR) May: 25.1B (prev 15.7B)

Italy Current Account Balance (EUR) May: 593.88m (prev R 2548m)

Burberry Q1 2026 Trading Update -Retail Comp Sales +5% (est +5.22%) -Retail Sales GBP 455m (est GBP 454.9m) -Greater China Comp Sales +9% (est +9.98%) -ENEIA Comp Sales -3% (est -2.33%)

S&P: Baker Hughes Co. Downgraded To 'A-' On Chart Industries Acquisition; Outlook Stable www.spglobal.com/ratings/en/r...

Russia Sanctions Bill Hits 60 Co-Sponsors – Axios www.axios.com/2026/07/16/r...

Google Gemini Launch Delayed As Tech Falls Short Of Internal Goals – BBG www.bloomberg.com/news/article...

Warsh's early tone signals continuity. No cuts expected this year according to CME FedWatch. A hike toward year end is still an open question. Neither this week's CPI nor the recent weak labor report changes the Fed's stance. The Fed looks past single-month trends.

US EIA NatGas Storage Change (BCF) 10-Jul: +41 (est +39; prev +61) - Salt Dome Cavern NatGas Stocks (BCF): -5 (prev -1) www.eia.gov/naturalgas/s...

US NAHB Housing Market Index Jul: 34 (est 35; prev 35; prev R 36)

US Business Inventories (M/M) May: 0.3% (est 0.3%; prev 0.5%; prev R 0.6%)

US Pending Home Sales (M/M) Jun: -5.4% (est -0.5%; prev 3.8%; prev R 3.5%) - Pending Home Sales NSA (Y/Y): 2.3% (est 2.0%; prev 2.1%; prev R 1.7%)

Investment banking fees surged in Q2. Goldman up 55%, JP Morgan 30%, Bank of America 50%. Equity trading desks did even better. Goldman equities revenue jumped 72%, JP Morgan 86%, Morgan Stanley 69%. Q2 volatility delivered exactly what trading desks are built to capture.

Chinese Foreign Vice-Minister Set For US Visit In ‘Temperature Test’ To Pave Way For Xi – SCMP www.scmp.com/news/china/d...

TMTG Anticipates That Truth Social API Will Be Available To Institutional Customers Beginning August 1, 2026

Truth Social To License Its Data To Wall Street – Axios www.axios.com/2026/07/16/t...

Canada Housing Starts Jun: 239.0K (est 255.0K; prev 261.4K; prev R 253.1K)

#$PLD | Prologis Q2 2026 Earnings - Adj FFO $1.559M (est $1.546M) - Sees FY EPS $4.40 To $4.55, Saw $3.80 To $4.05 - Net Income $1.061B (est $759.5M) - Oper Profit $1.65B (est $861.2M) - Sees FY EPS $3.40 To $3.50, Saw $3 To $3.15

State Street Q2 2026 Earnings - ADJ EPS $3.65 (est $3.33) - Rev. $4.05B (est $3.9B) - Net Interest Income $860M (est $837.1M) - FTE Net Interest Margin 1.1% (est 1%) - AUM $6.28T (est $6.15T)

#$ABT | Abbott Labs Q2 2026 Earnings - Adj EPS $1.31 (est $1.276) - FY Adj EPS Sees $5.45 To $5.60, Saw $5.38 To $5.58 - Comp Sales +4.8% - Net Sales $12.59B (est $12.54B)

Current earnings growth rates look like post-recession numbers, boosted by easier comparisons. But 2026 EPS is expected at 24% growth, then 10 to 16% in the following years. Sustaining that expansion only works if AI efficiency delivers what companies are pricing in.

#$GE | GE Aerospace Q2 2026 Earnings - Adj EPS $2.02 (est $1.86) - Adj. Rev. $12.63B (est $11.86B) - Commercial Engines & Services Rev. $9.73B (est $9.16B) - Sees Adj Free Cash Flow $3.03B (est $1.98B) - Sees FY Adj Free Cash Flow $8.9B To $9.2B, Saw $8B To $8.4B - Total Orders $16.5B

#$UNH | United Health Q2 2026 Earnings - Adj EPS $6.04 (est $3.74) - FY Adj EPS $19.50 To $20, Saw Above $18.25 - Rev $112.03B (est $110.67B) - Optum Revenue $65.7B (est $65.1B) - Healthcare Segment Rev. $86.02B (est $84.91B)

Italy Trade Balance Total (EUR) May: 4.793B (prev 4.293B) - Trade Balance EU: 0.845B (prev 0.316B)

Eurozone Trade Balance SA (EUR) May: -4.97B (est 2.8; prev 1.0B) - Trade Balance NSA (EUR): -7.8B (prev -1.0B)

Italy CPI Harmonised (Y/Y) Jun F: 3.0% (est 3.1%; prev 3.1%) - CPI Harmonised (M/M): 0.0% (est 0.1%; prev 0.1%) - CPI NIC Incl. Tobacco (Y/Y): 3.0% (est 3.0%; prev 3.0%) - CPI NIC Incl. Tobacco (M/M): 0.0% (est 0.0%; prev 0.0%)

S.Korea To Temporarily Halt New Single Stock Leveraged ETFs – YNA www.yna.co.kr/view/AKR2026...

TSMC Sees Q3 Sales $44.68 To $45.8b (est $43.11b) -Sees Q3 Gross Margin To 67% (est. 65.9%) -Sees Q3 Oper Margin To 58% (est. 57.7%) -Sees FY Capex $60b To $64b, Saw $52b To $56b

UK Visible Trade Balance (GBP) May: -18.660B (est 23.100B; prev -26.046B) - Trade Balance (GBP): -1.440B (est -5.500B; prev -8.435B)

UK Index Of Services (M/M) May: 0.3% (est 0.1%; prev -0.2%) - Index Of Services (3M/3M): 0.7% (est 0.6%; prev 0.8%)

UK Construction Output (M/M) May: -0.8% (est -0.3%; prev 0.1%) - Construction Output (Y/Y): -1.8% (est -1.2%; prev -1.0%)

UK Industrial Production (M/M) May: -0.5% (est -0.1%; prev 0.0%) - Industrial Production (Y/Y): 1.0% (est 1.3%; prev -0.2%) - Manufacturing Production (M/M): 0.1% (est -0.2%; prev 0.4%) - Manufacturing Production (Y/Y): 2.3% (est 2.0%; prev 1.0%)

UK Monthly GDP (M/M) May: 0.1% (est 0.0%; prev -0.1%) - Monthly GDP (3M/3M): 0.7% (est 0.5%; prev 0.7%)