Net profit reached $2.8 billion in the second quarter, comfortably exceeding the analyst consensus estimate of $2.39 billion and rising 17% year over year. Global Wealth Management attracted $36 billion in net new assets , significantly outpacing analyst forecasts of roughly $21 billion, underscoring strong client confidence in the combined UBS–Credit Suisse franchise.

Revenue beat, EPS missed: Qualcomm reported fiscal Q3 2026 revenue of $9.95 billion, exceeding consensus estimates of approximately $9.69 billion, while non-GAAP (adjusted) earnings per share of $2.21 narrowly missed the $2.22–$2.23 consensus. Handset weakness persists: QCT handset revenue fell 20% year-over-year to $5.09 billion, pressured by memory supply constraints, higher input costs, and softer demand from Chinese smartphone makers.

Record quarterly sales of $8.76 billion, up 55% year-over-year and well above the consensus estimate of approximately $8.26 billion. Adjusted diluted earnings per share (EPS) of $1.35, easily surpassing the FactSet consensus of $1.18 and the Zacks Consensus Estimate of $1.19.

Revenue fell short of expectations: Q4 FY2026 net sales reached $21.2 billion, up 2% year-over-year but missing the consensus estimate of approximately $21.38 billion. Core EPS narrowly beat estimates: Adjusted core earnings per share (EPS) came in at $1.43, edging past the analyst consensus of $1.42, though declining 3% from $1.48 in the prior-year quarter.

Record revenue: Lam Research reported $6.72 billion in revenue for the fiscal fourth quarter ended June 2026, up 30% year-over-year and surpassing the consensus estimate of approximately $6.66 billion. Earnings beat: Non-GAAP (adjusted) diluted earnings per share reached a record $1.82, exceeding the Zacks Consensus Estimate of $1.69 by roughly 8%.

Revenue topped expectations: Meta delivered second-quarter revenue of $60.80 billion, up 28% year-over-year and exceeding Wall Street consensus of approximately $60.2 billion. Earnings missed sharply: Diluted earnings per share (EPS) came in at $6.18, well below analyst estimates of roughly $7.14 to $7.20, weighed down by $2.4 billion in legal charges and $1.18 billion in severance costs.

Revenue surpassed expectations: Microsoft posted $90.01 billion in quarterly revenue, beating the consensus estimate of approximately $87.6 billion and rising 18% year-over-year. Earnings per share crushed forecasts: GAAP diluted EPS came in at $4.81, while non-GAAP EPS reached $4.74, well above the analyst consensus of roughly $4.24.

Record revenue and earnings: Morgan Stanley posted net revenues of $21.3 billion and diluted earnings per share (EPS) of $3.46 for the second quarter of 2026, both all-time highs that handily exceeded analyst consensus estimates. Equities trading surged 69%: Equity sales and trading revenue reached a record $6.3 billion, driven by heightened client activity amid global market volatility, geopolitical tensions, and shifting interest rate expectations.

Tempus AI shares fell approximately 28.7% over the past 30 days, dropping from $58.31 on June 29 to $41.55 on July 29, 2026. The steep decline was triggered by the announcement of a $1.5 billion all-stock acquisition of Personalis, which raised integration and dilution concerns among investors.

Valmont Industries (VMI) shares declined approximately 20.3% in the last 30 days, dropping from $573.37 on June 29 to $457.02, despite reporting strong second-quarter results and raising full-year 2026 guidance. Q2 2026 earnings of $6.14 per share handily beat the $5.80 consensus estimate, with revenue rising 6.5% year-over-year to $1.12 billion — yet the stock sold off sharply on and after the release.

EDU shares surged approximately 26.8% over the last 30 days, climbing from $46.20 on June 29, 2026, to an intraday high of $58.58 on July 29, 2026. The rally was fueled by New Oriental's Q4 FY2026 earnings release on July 29, which showed revenue growth of 23% year-over-year to $1.53 billion and a dramatic swing to operating profitability.

Cognex Corporation (CGNX) shares declined approximately 15.5% over the past 30 days, falling from $68.36 on June 29 to $57.80 as of July 29, 2026. The selloff was driven primarily by valuation compression, broad-based profit-taking, and macroeconomic headwinds rather than company-specific operational weakness.

Planet Labs PBC (PL) shares have fallen approximately 38% over the last 30 days, dropping from $31.28 on June 29 to roughly $19.47 as of July 29, 2026. The stock's decline was driven by a combination of dilution fears tied to a $1.5 billion at-the-market equity offering, post-SpaceX IPO capital rotation, and multiple insider stock sales throughout July.

Procore Technologies (PCOR) surged approximately 22% over the last 30 days, climbing from around $41.00 to roughly $50.18 amid a powerful late-July rally. The breakout was fueled by a strong Q2 2026 earnings beat — revenue of $375 million topped consensus by over $9 million, and non-GAAP EPS of $0.47 exceeded estimates by $0.06.

Camtek Ltd. (CAMT) shares declined approximately 19% in the last 30 days, falling from $157.32 on June 29 to $126.97 on July 29, 2026. The sell-off extends a broader downtrend that began after the stock hit its 52-week high of $215.99 on May 11, representing a total drawdown of roughly 41% from peak to current levels.

FactSet Research Systems (FDS) surged approximately 20.7% over the last 30 days, climbing from a closing price of $233.62 on June 29, 2026, to $282.02 on July 29, 2026. The July 1 Q3 FY2026 earnings beat — EPS of $4.53 versus the $4.44 consensus and revenue of $622.92 million — served as the primary catalyst, marking the fifth consecutive quarter of accelerating organic annual subscription value (ASV) growth to 7.1%.

American Airlines Group (AAL) shares dropped approximately 17% over the last 30 days, falling from $17.92 on June 29, 2026, to around $14.83 on July 29, as surging jet fuel costs overwhelmed strong revenue growth. The sharp decline was triggered primarily by a lowered full-year earnings forecast announced with Q2 results on July 23, in which the carrier cut its 2026 adjusted EPS guidance to a range of -$0.65 to +$0.65, implying breakeven at the midpoint.

Primoris Services Corporation (PRIM) shares have declined approximately 23% over the past 30 days, falling from $97.24 on June 29, 2026, to $74.79 as of July 29, 2026. The 30-day slide extends a brutal multi-month selloff that has erased roughly 63% of the stock's value since late April 2026, when shares traded near $200.

GLD gained +1.19% during Wednesday's regular session, rebounding to $373.78 after Tuesday's close at $369.37, as gold bounced off the psychological $4,000/oz support level. Dip-buyers stepped in following yesterday's decline, with spot gold recovering from near-$4,000 to trade around $4,036/oz ahead of the Fed decision.

WSO plunged -16.35% during regular trading after reporting Q2 2026 earnings that badly missed Wall Street expectations. The company posted EPS of $4.00 versus analyst estimates of $4.41, with revenue also coming in slightly below the $2.1 billion consensus forecast.