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Major stock indexes closed higher Tuesday following three consecutive sessions of losses, as chip stocks powered gains. Meanwhile, WTI oil prices rose to their highest level in more than five weeks.
The tech-focused Nasdaq Composite, benchmark S&P 500, and blue-chip Dow Jones Industrial Average finished up 1.3%, 0.9%, and 0.7%, respectively.
Shares of data storage firms and chipmakers surged Tuesday. The Roundhill Memory ETF (DRAM) climbed 11% as shares of Micron (MU), SK Hynix (SKHY), Sandisk (SNDK), Western Digital (WDC) and Seagate Technology (STX) jumped roughly 11% to 14%. The iShares Semiconductor ETF (SOXX) added 5.5%, with Advanced Micro Devices (AMD), Intel (INTC) and Marvell Technology (MRVL) advancing between 6% and 9%. Intel shares were aided by news that the firm will manufacture Fortinet’s (FTNT) next generation of cybersecurity chips.
Elsewhere in the AI space, shares of Nebius Group (NBIS) jumped 19% to lead the Nasdaq after Nvidia (NVDA) announced a more than 9% stake in the Dutch AI infrastructure firm.
Tuesday was a busy day of corporate earnings reports, which kicks into high gear this week. Hasbro (HAS) advanced 9%, while Danaher (DHR) led S&P 500 decliners with an 11% drop. 3M (MMM) surged more than 7% to pace the Dow. General Motors (GM) rose 5%. Defense contractor Northrop Grumman (NOC) and Halliburton (HAL) fell 2.5% and 5.5%, respectively.
Shares of Elon Musk’s SpaceX (SPCX) rebounded 3% after closing at a fresh low, extending their decline to a seventh straight session.
Tomorrow, Magnificent Seven members Alphabet (GOOGL) and Tesla (TSLA) both are set to report results after the closing bell. Four of the septet finished lower Tuesday, with Google parent Alphabet closing down around 1.5%. Tesla led the group’s gainers with a 2.5% advance.
Oil prices were higher after U.S. forces launched a 10th straight day of strikes on Iranian infrastructure. At 4 p.m. ET, West Texas Intermediate futures, the U.S. benchmark, were up 2.1% at $85 a barrel—their highest level since June 12—while Brent crude futures, the global benchmark, were 2.5% higher at around $91.50 a barrel.
The 10-year Treasury yield, which influences interest rates on a variety of consumer loans including mortgages, was above 4.63%, up more than three basis points from Monday’s close.
Bitcoin was trading around $66,500, up from overnight lows around $65,000. The U.S. dollar index, which tracks the value of the greenback against a basket of foreign currencies, was 0.2% higher at 101.18. Gold futures were up 1.8% to $4,090 an ounce.
JULY 21, 2026 AT 09:34 PM GMT
SpaceX Rises After 7 Days of Losses
SpaceX is back to defying gravity.
Shares of SpaceX (SPCX) rose more than 3% on Tuesday to snap a seven-day losing streak after the company set a date—mark your calendars for August 4—for its first quarterly earnings report as a public company. The stock remains below its mid-June IPO price of $135.
With a market capitalization of around $1.6 trillion, SpaceX remains among the most valuable U.S. companies, though its value is a far cry from the near-$3 trillion market cap it had a few days after the IPO.
The arrival of SpaceX’s earnings date also puts another company catalyst in view: the first wave of lock-up expirations that would free up more than $116 billion worth of stock. Employees and early insiders would be free to trade some 911.5 million shares on the second full trading day after SpaceX’s first earnings report, or August 6.
SpaceX’s stock climbing could also trigger a share price-based lock-up. If the stock price is at least 30% higher than its IPO price, or $175.50, for “at least five of the ten consecutive trading days” ending on and including the earnings release date and the second full trading day following it, 455.8 million additional shares would be eligible for trading, according to company filings.
JULY 21, 2026 AT 08:07 PM GMT
The Mag 7 Stocks Are in a Rut—Can Strong Earnings Get Them Out of It?
The Magnificent Seven stocks may be more “Lag 7” than “Mag 7” this year, but their profits are still pretty magnificent.
The Mag 7—Nvidia (NVDA), Alphabet (GOOG), Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), Meta (META), and Tesla (TSLA)—have grown faster than the rest of the S&P 500—or the “Other 493”—in every quarter since the end of 2022, and estimates suggest that was likely the case last quarter, too. In the coming weeks, the Mag 7 are expected to report earnings grew about 31% in the second quarter, a slowdown from 63% in Q1 but still ahead of the Other 493’s 23% growth.
Tesla and Google-parent Alphabet will be the first of the group to post Q2 results when they report after the bell Wednesday. Analysts expect the search and cloud computing giant had another strong quarter, with revenue projected to increase about 20%, driven by a 65% increase in cloud revenue. The report will set expectations for cloud computing competitors and fellow Mag 7 members Microsoft and Amazon, both of which are slated to report next week.
Mag 7 stocks accounted for the vast majority of the S&P 500’s rise in recent years, but the group has lagged the broader market in 2026 amid uncertainty about the return on their huge AI investments. The Roundhill Magnificent Seven ETF (MAGS) is up less than 2% since the start of the year, trailing the S&P 500’s nearly 10% return.
Read the full article here.
JULY 21, 2026 AT 07:18 PM GMT
Mark Cuban Has a Plan to Create More Millionaires and Narrow the Wealth Gap—Stock For All Employees
What can the U.S. do to narrow the chasm between the very rich and the very poor? One billionaire thinks he has the answer.
The solution, per Mark Cuban, Shark Tank investor and minority owner of the Dallas Mavericks, is more people owning “appreciable assets,” he said in a recent episode of the podcast “What it Takes” from Unmoderated News. Cuban’s point is that people who own stocks see their net worths rise when share prices do.
The billionaire—Forbes estimates Cuban’s net worth at $6 billion as of today—said: “The way you’re going to reduce income inequality for anybody who works with somebody is making sure they get shares of stock.” And he wants to see more companies offering their employees stock-based compensation plans.
Cuban said he has offered equity to employees at every company he ever sold, and referred to a New York Times report that SpaceX’s (SPCX) record IPO could make some 4,400 employees millionaires. SpaceX’s employee compensation program also inspired viral memes last month that imagine cafeteria workers and janitors as millionaires, and billionaires.
Read the full article here.
JULY 21, 2026 AT 06:34 PM GMT
Utz Brands Shares Skyrocket on Deal to Be Taken Private
Utz Brands agreed to be taken private. Shareholders are cheering the news.
Utz Brands shares skyrocketed nearly 90% to $14.08 Tuesday after the Hanover, Pa.-based pretzel and potato chips maker agreed to be acquired by Intersnack Group.
Dusseldorf, Germany-based Intersnack will acquire all outstanding shares of Utz for $14.25 apiece in cash. The price represents a roughly 91% premium to yesterday’s closing price for an enterprise value of about $2.9 billion.
Upon closing, which is expected in the fourth quarter of 2026, Utz would become a private company with the Rice and Lissette Family Entities and Intersnack each owning 50%.
“For more than 100 years, Utz has made snacks that are enjoyed by consumers across the U.S.,” Utz Chairperson Dylan Lissette said. “We are excited to partner with the accomplished Intersnack team. We believe that Intersnack is a like-minded partner with similar family heritage and a deep appreciation of the power of beloved brands.”
Utz shares entered today down 28% since the start of the year.
JULY 21, 2026 AT 05:23 PM GMT
Hasbro Stock Jumps as ‘Magic: The Gathering’ Leads Strong Results
Hasbro chief executive Chris Cocks said the gaming giant’s “Magic: The Gathering” franchise “is firing on all cylinders.” Shareholders evidently agree.
Following a strong second-quarter performance from “Magic: The Gathering,” Hasbro (HAS) lifted various full-year projections Tuesday and shares surged 7.5%.
The Pawtucket, R.I.-based company now sees 2026 revenue up 5% to 7% in constant currency, from up 3% to 5%; adjusted operating margin of 25% to 26%, raised from 24% to 25%; and adjusted EBITDA of $1.45 billion to $1.50 billion, up from $1.40 billion to $1.45 billion.
In the second quarter, Hasbro reported adjusted earnings of $1.28 per share on revenue that rose 16% year-over-year to $1.14 billion. Analysts polled by Visible Alpha had expected $1.14 per share and $1.07 billion, respectively. “Magic: The Gathering” generated $545.3 million in revenue, up 32% from a year ago.
“‘Magic: The Gathering’ eclipsed $500 million in quarterly revenue for the first time in its 30-plus year history, led by the record-breaking debut of ‘Marvel Super Heroes,’” Cocks said. “With strong indications for our remaining releases and line of sight to continued growth in 2027, the ‘Magic’ flywheel is firing on all cylinders.”
With today’s gains, shares of Hasbro moved into positive territory for 2026.
JULY 21, 2026 AT 04:26 PM GMT
Nvidia Reveals a Big Stake in This AI Cloud Company, Sending Its Stock Soaring
A vote of confidence from the chipmaker at the heart of the AI boom has Nebius shares soaring Tuesday.
Shares of Nebius (NBIS) were up 15% to around $209 in recent trading, a day after Nvidia (NVDA) disclosed in a regulatory filing that it’s built a 9.3% stake in the Amsterdam-based AI infrastructure provider. Shares of Nvidia were up about 1%, on a day when semiconductor and other AI-related stocks led the major indexes higher. Coreweave (CRWV), a Nebius rival also backed by Nvidia, saw its stock jump more than 7%.
Nvidia and Nebius did not respond to Investopedia’s requests for comment in time for publication.
Nvidia, which first disclosed a small stake in Nebius early last year, said back in March that it would invest $2 billion in the company. At the time, Nvidia CEO Jensen Huang said the two companies were deepening their partnership “scaling the cloud to meet the surging global demand for intelligence.”
Read the full article here.
JULY 21, 2026 AT 02:32 PM GMT
Crypto-Tied Stocks Rise With Bitcoin
Bitcoin is rising Tuesday. So are cryptocurrency-tied stocks including Coinbase Global and Robinhood Markets.
Shares of Coinbase (COIN) and Robinhood (HOOD) are soaring 11% and 8%, respectively, in early trading, with the former leading early S&P 500 advancers.
Fellow crypto-tied shares Strategy (MSTR) and MARA Holdings (MARA) are up a respectively 6% and 4.5%.
Bitcoin is trading around $66,600, up from overnight lows around $65,000.
JULY 21, 2026 AT 01:36 PM GMT
Danaher Shares Sink on Cautious Revenue Projections
Danaher shares entered the day down 17% in 2026. Their year-to-date performance did not improve as the bell rang.
Danaher (DHR) stock sank 15% as markets opened after the life sciences and diagnostics firm issued cautious revenue guidance early Tuesday.
The Washington-based company said it expects core, or adjused, revenue will increase 2% to 3% year-over-year in the third quarter and 3% to 4% over the full year. Analysts surveyed by Visible Alpha were looking for increases of 5.4% and 4.4%, respectively.
“Continued end-market recovery and traction from our recent growth initiatives support our expectation to exit 2026 at a mid-single-digit core revenue growth rate,” CEO Rainer Blair said. “Longer term, Danaher’s leading portfolio, capital deployment optionality and talented team—all powered by the Danaher Business System—position us to accelerate the impact of science and technology, help customers move from discovery to delivery faster, and create sustainable long-term shareholder value.”
For investors, the weaker-than-expected guidance outweighed second-quarter results that topped estimates. Danaher reported adjusted earnings of $1.94 per share on revenue that increased 5.5% to $6.3 billion, while analysts anticipated $1.84 per share and $6.1 billion, respectively.
JULY 21, 2026 AT 12:46 PM GMT
3M Stock Surges on Strong Q2 Results, Lifted Profit Outlook
3M stock appears poised to move into positive territory for 2026 when the bell rings.
Dow component 3M (MMM) rose 6% after the conglomerate reported better-than-expected results and raised its profit outlook.
Before the bell Tuesday, 3M posted second-quarter adjusted earnings of $2.40 per share on net sales that rose 2.4% year-over-year to $6.5 billion. Analysts surveyed by Visible Alpha had expected $2.25 per share and $6.31 billion, respectively.
The St. Paul, Minn.-based company—which also registered organic sales growth of 5.4% and adjusted operating margin of 24.9%, both above consensus forecasts—lifted its full-year adjusted EPS projection to $8.80 to $8.95 from the prior range of $8.50 to $8.70.
“We delivered a strong second quarter, exceeding expectations with mid-single-digit sales growth, robust operating margins of about 25%, and double-digit EPS growth, reflecting the progress we’re making on our strategic priorities and building a higher-performing company,” 3M CEO William Brown said. “As a result of our strong first-half performance and continued momentum, we are increasing our full-year guidance and remain confident in our ability to create long-term value for shareholders.”
Shares of the Scotch Tape and Post-it Notes maker entered the day down less than 1% since the start of the year.
JULY 21, 2026 AT 11:49 AM GMT
Intel Reports Earnings Thursday. Here’s How Much Its Stock Is Seen Moving
Intel is slated to report earnings after the closing bell Thursday, with traders anticipating a sizable move from the chipmaker’s stock following the results.1
Based on recent options pricing, traders expect Intel (INTC) shares could swing up to 12% in either direction by the end of the week. A move of that size from Monday’s close could see the shares rebound close to $109, where they were earlier this month, or drag them below $86.
Intel shares have soared more than 160% since the start of the year amid speculation about new deals after a flurry of high-profile agreements and better-than-expected results, though they’ve slipped over 30% from last month’s highs after a broader pullback in the AI trade in recent weeks.
UBS analysts recently lifted their price target for Intel to $121 from $83, telling clients they see strong demand for Intel’s data center hardware potentially supporting higher prices. The analysts said they expect investors to be watching for updates from Intel on its manufacturing capabilities, as well as potential new customers for Intel’s foundry business.
Read the full article here.
JULY 21, 2026 AT 11:16 AM GMT
SpaceX Stock Closed Yesterday at Fresh Low After Seven Straight Days of Losses
SpaceX is experiencing significant turbulence.
Shares of SpaceX (SPCX) fell more than 3% Monday to close at a fresh low of just below $120, extending their decline to a seventh consecutive session. The stock is down 47% from its record high above $225 set a few days after the company’s record-breaking IPO in mid-June. (Shares pointed up 1.5% premarket Tuesday.)
The latest losses followed a series of setbacks for the company, which this morning scrubbed a Falcon 9 launch that was scheduled to take 24 satellites into orbit from the Vandenberg Space Force Base in California. SpaceX also aborted a Starship flight test last Thursday.
The space exploration, satellite connectivity and AI company still ranks among the biggest companies in the U.S., with a market capitalization of nearly $1.6 trillion. But the weak performance of the stock recently is reportedly giving other AI IPO-hopefuls cold feet, which would make sense given the chilly reception of more recent offerings.
Read the full article here.
JULY 21, 2026 AT 10:45 AM GMT
Stock Futures Rise After Three Straight Sessions of Losses for Major Indexes
Futures contracts tied to the Dow Jones Industrial Average were 0.3% higher.
S&P 500 futures pointed up 0.5%.
Nasdaq 100 futures advanced 1.4%.
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