CLOSING BELL

It was a bit of a red day for the market on Tuesday, after seemingly inconsequential violence in the Strait of Hormuz Monday night turned into a flashpoint.

Early Tuesday evening, Central Command said the U.S. began launching “power strikes” against Iran in response, punctuating the 5% intraday climb in crude oil. The White House revoked Iran;s Waiver to sell oil earlier in the day. Energy did great while tech floundered: the AI hardware trade got a Samsung gut check. Six sectors finished green and five red. Energy led at +2.9%, while tech lagged at -2.5%.

Funny enough, Samsung’s good earnings report in Korea showed the style of the times: investors did not need bad news to take profits, just good news that looked fully priced. Stocktwits chatter followed the mess, with traders arguing over $SPCX’s Nasdaq-100 debut, $RIVN’s dilution gut punch, and whether the chip wreck was a reset or a dip-buy.

Today’s Briefing:

• After the Bell: SpaceX joined the Nasdaq-100 as Wall Street launched bullish quiet-period coverage, and the stock sold off anyway

• Stocks: Rivian’s R2 momentum got kneecapped by a 75M-share offering, while Samsung’s profit boom triggered an AI hardware dump

• Pops and Drops & More

AFTER THE BELL
SpaceX Meets Gravity 🚀

SpaceX, Elon Musk’s rocket, Starlink, and orbital-AI infrastructure bet, joined the Nasdaq-100 Tuesday just as its IPO quiet period ended. Wall Street mostly came out swinging bullish, the last day of the quiet period ended freeing bank analysts to start spouting bullish tips. The stock sold off anyway as investors faded the forced-buying hype and questioned how much future Mars math is already in the price.

The RIP: $SPCX ( ▼ 6.83% ) fell 6.8% on 78.8M shares. Analysts’ average target was $236, or 47% above Monday’s close. Raymond James launched at $800, Morgan Stanley at $300, JPMorgan at $225, Goldman at $205, and Morningstar stayed bearish near $62.

That spread is the whole circus: the bulls are valuing SpaceX like the next industrial platform, not just a launch company, while the bears see a fresh mega-IPO with losses, execution risk, and a valuation that needs Starlink, Starship, AI compute, and index demand to all work. Nasdaq-100 inclusion should create passive support, but Tuesday showed forced buying is not the same thing as price immunity. 🚀

Community is bearish, message volume is extremely low across ~88.6k watchers.

<blockquote align="center" class="stocktwits-embedded-post" data-origin="https://stocktwits.com" data-id="658465660"

$SPCX Wall St. setting up retail for exit liquidity with all the bullish analyst claims. Lock-up period is getting closer and closer.

Tell $SPCX: platform stock or moon math →

SPONSORED BY ANNOVIS BIO
Annovis (ANVS) Hits Full Enrollment in Pivotal Phase 3 Alzheimer’s Trial

Annovis Bio announced full enrollment of its pivotal Phase 3 trial testing buntanetap in early Alzheimer’s disease, completing recruitment of 800 patients. Patients were selected using a pTau217 blood biomarker that confirms active Alzheimer’s pathology, a biomarker-driven design that is a key differentiator, ensuring the trial population reflects patients most likely to respond to treatment.

The trial will test both the symptomatic and disease-modifying effects of daily treatment with buntanetap, an orally administered pill with a distinct mechanism of action and a strong safety profile. This sets it apart from existing anti-amyloid antibody treatments.

Full enrollment marks a major derisking milestone, moving Annovis a step closer to topline data, expected in Q1 2027, followed by regulatory engagement for market approval. Investors should watch for readout timing as the next catalyst.

*3rd Party Ad. Not an offer or recommendation by Stocktwits. See disclosure here.

STOCKS
Rivian’s R2 Reality Check 🔋

Rivian, the EV maker trying to turn its R2 SUV into a Tesla-style mainstream moment, got smoked Tuesday after a 75M-share offering turned better delivery momentum into another cash-burn referendum. The timing hurt because Rivian had just preannounced stronger Q2 revenue, sending the stock higher on raised delivery expectations, and framed the R2 as the vehicle that could finally push it beyond niche luxury EV status.

The RIP: $RIVN ( ▼ 18.12% ) fell 18.1% on 89.8M shares. Rivian is selling 75M shares, with an 11.25M underwriter option. Q2 revenue guidance was $1.55B-$1.65B, cash was roughly $5.3B, and 2026 delivery guidance rose to 65,000-70,000 vehicles.

The bear case is obvious: holders finally got higher deliveries, better revenue, and a clearer R2 ramp, then management reminded everyone Georgia, R3, robotaxis, vans, software, and scale still require outside money. The bull case is slower but real: Rivian says R2 vehicles should be gross-margin positive, the $45,000 entry model was pulled forward, and the equity raise helps support DOE-linked Georgia funding. The July 30 full Q2 report now has to prove this was runway, not just another dilution toll. 🔋

Community is bullish, message volume is high across ~88.5k watchers.

Jump into $RIVN: runway or rug pull →

AI Hardware Gets Hammered 🔩

Samsung, the memory and electronics giant, projected a monster quarter Tuesday and somehow made the AI hardware trade look worse. Its Seoul-listed shares fell 6.9%, dragging Korea’s KOSPI down 4.9%, as investors treated a 19-fold profit surge as already priced in and dumped U.S. chip, memory, and equipment names.

The RIP: Samsung pulled in $58B in the April June quarter.  $SOXX ( ▼ 5.13% ) fell 5.1%, $SMH 3.8%, and $QQQ 1.9%. $INTC ( ▼ 9.66% ) lost 9.7%, $TER 9.6%, $WDC 7.9%, $MRVL 7.5%, $SNDK 7.3%, and $AMAT 6.5%. Samsung guided to 89.4T won profit and 171T won revenue. The stock fell 10% intraday in Korea, but it was up 150% YTD.

That contradiction is the story: AI demand is still booming, but the market is starting to ask whether memory pricing, hyperscaler capex, and hardware margins can keep compounding from here. Morgan Stanley warned Monday that semi weakness could continue as investors brace for more capex discipline from the cloud giants, while Goldman’s fresh $TER ( ▼ 9.59% ) target hike to $465 got steamrolled less than 24 hours later.

David Morrison, senior market analyst at Trade Nation told Yahoo Finance, “It seems that investors are concerned that semiconductor and other AI-adjacent stocks may struggle to maintain such high levels of sales and margins going forward.”

Stocktwits was more stubborn than the tape. $SNDK was extremely bullish with high message volume across ~26.8k watchers, $INTC was bullish across ~204.3k watchers, and $AMAT was neutral with high message volume across ~34.2k watchers.

Tell the $INTC room: reset or wreck →

TRENDING ON STOCKTWITS
Pops & Drops

$VKTX ( ▲ 8.84% )  Viking ⚡: jumped +9% after Kailera’s weak obesity-pill data boosted rival drugmakers

$BCRX ( ▲ 8.06% )  BioCryst ⚡: climbed +8% after cost cuts fueled external-R&D deal optimism

$USO ( ▲ 4.38% )  United States Oil Fund ⚡: rose +5% after Hormuz tanker attacks lifted crude prices

$CVX ( ▲ 3.52% )  Chevron: gained +3% after Hormuz tanker attacks lifted oil producers

$CAT ( ▼ 3.07% )  Caterpillar: fell -3% after Skycatch acquisition sparked Dow-dragging investor selling

$SNDK ( ▼ 7.27% )  SanDisk: tumbled -7% after Samsung earnings triggered brutal memory profit-taking

$JOBY ( ▼ 8.97% )  Joby ⚡: slid -9% after Toyota JV rally gave way to selling

$ALAB ( ▼ 11.52% )  Astera Labs: cratered -12% after Samsung rout hit AI hardware beta

$TE ( ▼ 19.65% )  T1 Energy ⚡: plunged -19% after short-seller doubts overshadowed Intertek bankability audit

$ABTC ( ▼ 23.2% )  American Bitcoin ⚡: sank -23% after reverse split deepened Trump-linked crypto-miner backlash

ST EDITOR’S PICKS
Links That Don’t Suck 🌐

🤑  Read the global brief that reads the world like a trader reads a tape — geopolitics, markets, and tech in 5 minutes, every morning. *

U.S. resumes ‘powerful strikes’ on Iran after Hormuz Strait ship attacks, CENTCOM says

🏠️ Unstable NYC building sparks evacuations surrounding Manhattan high-rise, collapse fears

💰️ Defense stocks surge as governments boost spending on weapons, AI battlefield technology

📺️ Exclusive-China’s DeepSeek developing its own AI chip, sources say

👀 As SpaceX joins the Nasdaq-100, its stock could show up in your 401(k). Here’s what to know.

*3rd Party Ad. Not an offer or recommendation by Stocktwits. See disclosure here. 

WHAT’S ON DECK
Tomorrow’s Top Things 📋

Macro: Final wholesale inventories (10:00 AM ET), Federal Open Market Committee (FOMC) meeting minutes (2:00 PM ET). 📊
Pre-Market Earnings: $IMMR Immersion Corp. ☀️
After-Market Earnings: $LEVI Levi Strauss & Co. – Ordinary Shares – Class A. 🌙

P.S. You can listen to all of these earnings calls on Stocktwits.

Get In Touch 📬

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