Good Morning, Traders!…👋

U.S. stock futures climbed Monday, lifted by a new U.S.-EU trade agreement that eased fears of an escalating tariff war. The rally comes ahead of a critical week for investors, featuring earnings from Big Tech giants, a Federal Reserve policy meeting, fresh inflation data, and President Trump’s looming August 1 deadline for securing trade deals.

Wall Street ended last week on a high note, with the S&P 500 logging its fifth consecutive record close on Friday. Sentiment improved further Sunday evening after the U.S. and EU agreed to lower tariffs on European goods to 15%, scaling back from the previously threatened 30% rate and signaling a de-escalation in transatlantic trade tensions.

While earnings will remain in focus, all eyes are also on the Federal Reserve. The central bank begins its two-day meeting on Tuesday, with a decision expected Wednesday afternoon. Although rates are expected to remain at 4.25%–4.50%, traders will be watching closely for any hints of a potential rate cut in September. The meeting comes amid growing legal challenges to increase transparency at the Fed, along with continued pressure from President Trump aimed at influencing central bank policy and Chair Jerome Powell.

Earnings Watch

Earnings hit today from Waste Management $WM, Cadence Design Systems $CDNS, and Revvity $RVTY after close.

Analysts expect WM at $1.82 EPS with steady waste services demand, CDNS at $1.45 EPS on semiconductor software strength, and RVTY at $1.13 EPS with life sciences growth.

Happening Today

✓ 12:00 PM ET – 2-Year Note Auction

✓ 12:00 PM ET – 5-Year Note Auction

SECTOR SNAPSHOT

On the last trading day, most sectors ended positively, showcasing broad market strength. Industrials and Materials saw significant gains, while Energy experienced a slight decline. Communication Services also dipped slightly, potentially due to sector-specific concerns or profit-taking after previous strong performance.

PreMarket Unusual Volume Stocks

Here's a quick rundown of today's pre-market high-volume stocks:

📈 Anghami Inc. (ANGH) is up +39.22% at $0.4505 with massive volume; while specific fresh news for today isn't immediately available, the company recently received a significant investment from OSN Group and continues to show strong growth in streaming engagement.

📈 Mill City Ventures III, Ltd. (MCVT) is surging +84.58% to $5.90 on massive volume. This rise comes amidst growing chatter about its undervaluation and recent increases in yield on its credit facilities, alongside a new high-yield loan, driving revenue growth expectations.

📈 Loop Industries, Inc. (LOOP) is gaining +13.24% at $1.36 with significant volume. This could be a bounce from recent declines, as the company continues to make progress on its India facility and modular construction strategy for European expansion.

📈 GIBO Holdings Limited (GIBO) is up +12.61% to $0.0698 with substantial volume, showing continued volatility as a low-priced stock that recently made significant gains despite prior severe declines.

📈 Abpro Holdings, Inc (ABP) is up +7.67% at $0.3154 with high volume. This move could be linked to recent bullish analyst ratings and a consulting agreement with BioCelsus, expected to enhance its operational capabilities.

Premarket Picks

CEA Industries Inc. (VAPE) saw a massive pre-market surge of 598.59%, with its price hitting $62.00. This spike comes after the company filed its 10-KT periodic financial report with the SEC.

INmune Bio, Inc. (INMB) shares rose 18.45% pre-market to $3.21. The boost follows the announcement that additional analyses from its Phase 2 MINDFuL trial of XPro™ will be presented at the upcoming Alzheimer’s Association International Conference in Toronto.

Celcuity Inc. (CELC) gained 8.93% pre-market, with the price reaching $15.00. Investors are anticipating today’s webcast, where the company will reveal topline results from its Phase 3 VIKTORIA-1 trial’s PIK3CA Wild-Type Cohort.

Shares of Incannex Healthcare Inc. (IXHL) climbed 17.14% pre-market to $1.23. The company announced the addition of Dr. Charlene E. Gamaldo to its Clinical Advisory Board for the IHL-42X Obstructive Sleep Apnea trial.

Below is a complete list of hot stocks in pre-market today:

Top Upgrades:

1. Charter Communications, Inc. (CHTR)

Analyst Firm: Bernstein

Upgraded: Market Perform to Outperform

Price Target: $380

Friday's Close: $309.75

Bernstein raised its rating on Charter from "Market Perform" to "Outperform" and set a new price target of $380. Charter Communications, a leading provider of internet and cable services in the U.S., has received mixed analyst estimates. The stock’s price target ranges from a low of $275.00 to a high of $700.00, with a median target of $440.00 and an average estimate of $436.79.

2. MARA Holdings, Inc. (MARA)

Analyst Firm: JPMorgan

Upgraded: Neutral to Overweight

Price Target: $22

Friday's Close: $17.25

JPMorgan analyst Reginald Smith upgraded Mara Holdings from "Neutral" to "Overweight," increasing the price target from $19 to $22. MARA Holdings, a U.S.-based digital asset technology firm, has stock price targets ranging from $16.00 to $34.00. The median analyst estimate is $20.50, while the average target stands at $22.50.

3. Hesai Group (HSAI)

Analyst Firm: Morgan Stanley

Upgraded: Equal Weight to Overweight

Price Target: $26

Friday's Close: $21.30

Morgan Stanley improved its outlook on Hesai, moving it from "Equal Weight" to "Overweight," and raised the price target to $26 from $23. Hesai Group, known for producing and selling 3D LiDAR systems worldwide, has stock price targets between $23.30 and $30.00. The average analyst estimate for the stock is $25.77.

Maeve Grace
Editor In Chief
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Important: This newsletter does not provide investment advice. The stocks mentioned should not be taken as recommendations. Your investments are solely your decisions.

Disclosure: I hold no positions in any companies mentioned, either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I have no business relationship with any company whose stock is mentioned in this article.