Good Morning, Traders!…👋

U.S. stock futures climbed Tuesday, led by gains in tech after China gave the green light to Nvidia (NVDA), boosting investor sentiment ahead of key economic data and the start of earnings season.

All eyes are on the June Consumer Price Index report, due at 8:30 a.m. ET, which is expected to show the first signs of tariff-driven inflation. Economists are projecting a 0.3% monthly increase and a 2.4% annual rise—both higher than May’s readings.

Earnings season also kicks off today, with JPMorgan, Citi, and Wells Fargo set to report. Investors are hoping these banking giants will signal that second-quarter turbulence tied to tariffs is fading, and momentum is building for the rest of the year.

Meanwhile, the inflation and earnings data will likely influence the Federal Reserve’s next rate decision. While markets expect a rate hold this month, pressure is mounting—particularly from President Trump, who has intensified his criticism of Fed Chair Jerome Powell and pushed for deeper rate cuts ahead of the September meeting.

Earnings Watch

Earnings hit today from JPMorgan $JPM, Wells Fargo $WFC, Citigroup $C, BlackRock $BLK, BNY Mellon $BK, State Street $STT, Albertsons $ACI, and AngioDynamics $ANGO before open, plus JB Hunt $JBHT, Omnicom $OMC, Hancock Whitney $HWC, Pinnacle Financial $PNFP, Fulton Financial $FULT, and KMT Steel $KMTS after close.

Analysts expect JPM at $4.20 EPS, WFC at $1.29 EPS, C at $1.40 EPS, BLK at $10.30 EPS, BK at $1.45 EPS, STT at $2.10 EPS, ACI at $0.47 EPS, ANGO at -$0.10 EPS, JBHT at $1.50 EPS, OMC at $1.90 EPS, HWC at $1.00 EPS, PNFP at $1.70 EPS, FULT at $0.40 EPS, and KMTS with steel volatility.

Happening Today

✓ 08:30 AM ET – Inflation: Core CPI (MoM) (Jun)
✓ 08:30 AM ET – NY Empire State Manufacturing Index (Jul)
✓ 09:15 AM ET – FOMC Member Bowman Speaks
✓ 12:45 PM ET – Fed Vice Chair for Supervision Barr Speaks
✓ 04:30 PM ET – API Weekly Crude Oil Stock

SECTOR SNAPSHOT✨

On the last trading day, most sectors gained, led by Financials, Industrials, and Communication Services, suggesting broad-based optimism. However, Energy, Health Care, Materials, and Information Technology saw declines, possibly due to profit-taking or specific industry headwinds.

PreMarket Unusual Volume Stocks

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

📈 Longevity Health Holdings, Inc. (XAGE) is surging +98.49% to $2.65 on massive volume, following yesterday's announcement of a definitive merger agreement with True Health Inc. (THPlasma), a plasma collection company, which is expected to significantly boost revenue.

📈 Windtree Therapeutics, Inc. (WINT) is up +10.03% at $0.7900 with high volume, continuing its climb after a U.S. patent for istaroxime (for acute heart failure) was awarded, extending protection to 2039.

📈 Movano Inc. (MOVE) is gaining +19.94% to $0.5501 with substantial volume, despite recent Nasdaq delisting warnings for failing to maintain minimum bid price and late SEC filings, as the company plans to request a hearing.

📈 BloomZ Inc. (BLMZ) is exploding +62.90% to $0.1512 with very high volume, likely driven by a recent 180-day extension from Nasdaq to regain compliance with the minimum bid price requirement.

📈 SEALSQ Corp (LAES) is up +7.54% at $3.38 with notable volume, following its recent launch of a GSMA-accredited eUICC with post-quantum security and an expansion of its quantum investment fund to over $35 million.

Premarket Picks

Shares of BloomZ Inc. (BLMZ) soared 81.67% in pre-market trading, reaching $0.27. The surge comes after the company signed a Memorandum of Understanding with HYPRCOMMUNITY CO., LTD., a global player in content and data development, to collaborate on an AI-powered social media platform.

The Glimpse Group, Inc. (VRAR) rose 26.34% in the pre-market, trading at $2.11. The spike follows the release of preliminary unaudited Q4 FY25 results, which showed 100% organic revenue growth ($3.5 million) and positive EBITDA.

Brazil Potash Corp. (GRO) jumped 49.65% before the bell, with shares priced at $2.17. The company announced a non-binding MOU with Fictor & WTT S.A., part of Fictor Group’s infrastructure arm, signaling strong growth prospects in Brazil’s agricultural sector.

Longevity Health Holdings, Inc. (XAGE) climbed 73.91% in pre-market action, hitting $4.60. The sharp rise follows news of its merger with THPlasma and the termination of its previously planned transaction with 20/20 BioLabs.

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

Top Upgrades:

1. Custom Truck One Source, Inc. (CTOS)

Analyst Firm: Stifel

Upgraded: Hold to Buy

Price Target: $7

Yesterday's Close: $5.15

Stifel's Brian Brophy raised his rating on Custom Truck One Source from Hold to Buy and increased the price target from $5 to $7. Custom Truck One Source, a provider of rental and sales equipment for infrastructure industries in the U.S. and Canada, has stock price targets ranging from a low of $4.50 to a high of $7.50. The average analyst estimate sits at $6.20, with a median target of $6.00.

2. APi Group Corporation (APG)

Analyst Firm: JPMorgan

Upgraded: Neutral to Overweight

Price Target: $42

Yesterday's Close: $34.50

JPMorgan boosted its rating on APi Group from Neutral to Overweight, raising the price target from $31 to $42. APi Group Corporation, which offers safety and specialty services worldwide, has received stock price targets with a high of $40.00, a median of $36.50, and a low of $30.67. The average target among analysts is $36.43.

3. California Resources Corporation (CRC)

Analyst Firm: JPMorgan

Upgraded: Neutral to Overweight

Price Target: $63

Yesterday's Close: $47.60

JPMorgan analyst Zach Parham upgraded California Resources from Neutral to Overweight and lifted the price target to $63 from $60. California Resources, an independent energy and carbon management company based in the U.S., has stock price targets ranging from $44.00 to $73.00. The median target stands at $59.50, while the average comes in at $58.36.

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.