The Weekend Rip
Happy Weekend!

Pic we took of the fireworks over Manhattan last night

The holiday-shortened week belonged to AI, until AI started arguing with itself. Tech and semis carried the tape early, then crowded positioning, policy weirdness, weak jobs, and a defensive rotation reminded traders that even the market’s favorite trade needs fresh proof, not just a cape and a data-center budget.

Let’s recap and prep you for the week ahead. 📝

Monday 📈: The market climbed as tech, megacap growth, and AI hardware overpowered lingering Middle East oil risk. Semis, space, and squeeze names pulled attention while Super Micro’s Taiwan raid reminded traders that regulatory smoke still matters. Rocket Lab bought scale, Comcast split itself up, and Citadel’s flow read said July starts with retail, ETFs, options, and buybacks still leaning into the same leaders.

Tuesday 🏋️: Tech dragged the market into a strong quarter-end finish even as jobs data, confidence, and yields kept the rate-cut crowd waiting. Nike beat low expectations after hours, but tariff recovery did a suspicious amount of the work, while Korea’s $880B AI infrastructure push sent chip-tool names ripping. The Supreme Court gave Trump more power over regulators, but carved out the Fed as too important to yank around.

Wednesday 🧠: The S&P 500 went nowhere, the Dow barely moved, and the Nasdaq slipped as the AI trade started fighting itself. Meta ripped on a possible cloud-compute pivot, Reddit broke out on AI data-licensing hopes, and semis finally coughed up some of their absurd Q2 gains. The tape still loves AI, but Wednesday made it clear the market is getting pickier about which part of the stack deserves the premium.

Thursday 🥪: The market split into the holiday break as weak jobs data lowered hike anxiety, but failed to save crowded AI trades. Tech dragged, defensives led, and semis kept bleeding after Q2’s monster run. OpenAI’s reported government-stake idea added policy weirdness, Tesla turned a delivery beat into a sell-the-news drop, and Jersey Mike’s filed to bring subs to the public market.

Friday the market was closed for the Fourth of July! Happy Birthday U.S.A.

🤩 This week’s Stocktwits Top 25 showed how momentum movers fared vs. the indexes.

Here are the closing prices: 

THE BRIEF

Need a concise summary of what’s going on this week? Look no further. Here’s a rundown of this week’s earnings and economic data.

Earnings This Week

Above is a quick summary. Check out the full Stocktwits earnings calendar for the other names reporting this week.

Economic Calendar

In addition to the above, check out this week’s complete list of economic releases.

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

🆘 Rate hike readjustment and AI hardware momentum: What to watch this week

⚠️ Despite stormy weather, America marks 250 years of independence, in photos

🤠 ‘It’s a bull market’: Wall Street sees more upside in stocks for the second half of 2026

🐷 Almost 90 new unicorns have been minted so far this year — here they are

🚣 Cargo vessel in Red Sea reports coming under attack, UK maritime body says

Get In Touch 📬

Want to see some change? Email Kevin Travers your feedback; follow him on Stocktwits.

Terms & Conditions 📝

Securities Disclaimer: STOCKTWITS IS NOT A TAX ADVISOR, BROKER, FINANCIAL ADVISOR OR INVESTMENT ADVISOR. THE SERVICE IS NOT INTENDED TO PROVIDE TAX, LEGAL, FINANCIAL OR INVESTMENT ADVICE, AND NOTHING ON THE SERVICE SHOULD BE CONSTRUED AS AN OFFER TO SELL, A SOLICITATION OF AN OFFER TO BUY, OR A RECOMMENDATION FOR ANY SECURITY. Trading in such securities can result in immediate and substantial losses of the capital invested. You should only invest risk capital, and not capital required for other purposes. You alone are solely responsible for determining whether any investment, security or strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal and financial situation. You should also consult an attorney or tax professional regarding your specific legal or tax situation. The Content is to be used for informational and entertainment purposes only and the Service does not provide investment advice for any individual. Stocktwits, its affiliates and partners specifically disclaim any and all liability or loss arising out of any action taken in reliance on Content, including but not limited to market value or other loss on the sale or purchase of any company, property, product, service, security, instrument, or any other matter. You understand that an investment in any security is subject to a number of risks, and that discussions of any security published on the Service will not contain a list or description of relevant risk factors. In addition, please note that some of the stocks about which Content is published on the Service have a low market capitalization and/or insufficient public float. Such stocks are subject to more risk than stocks of larger companies, including greater volatility, lower liquidity and less publicly available information. Read the full terms & conditions here. 🔍

Author Disclosure: The author of this newsletter does not hold positions in any of the securities or assets mentioned. 📋