For: August 4, 2026
>>Ahead Of The Bell
(New York, NY) -- The opening bell rings this morning after stocks closed higher on Wall Street Monday as Iran tensions ease. Stocks rallied with the Dow Jones Industrial Average surging to a record high as oil prices declined after President Trump called off planned strikes against Iran. Tech shares including Meta Platforms, Amazon, Alphabet and Microsoft all climbed about five percent or more. At the closing bell, the Dow Jones Industrial Average gained 693 points to 53-178. The S&P 500 rose 110 points to 76-00. The Nasdaq jumped 540 points to 25-913.
>>SpaceX's First Earnings Report As Publicly Traded Company Due Today
(Starbase, TX) -- SpaceX is preparing to release its first quarterly earnings report as a publicly traded company today. Among the line items investors will be watching - total revenue, revenue from its Starlink satellite internet service and AI revenue guidance will be highly scrutinized. The earnings report also triggers an expiration lock up period ending Thursday, which opens more than 910-million shares for sale that were purchased by early investors. SpaceX ranks as one of the top ten largest companies in the world based on market cap.
>>Amazon Market Cap
(Seattle, WA) -- Amazon continues to rise after its market value topped three-trillion for the first time. Shares hit a record high Monday, rising about four-percent after the company reported their second-quarter earnings, fueled by major growth in its cloud computing business and rising demand for artificial intelligence services. Amazon Web Services brought in more than forty-two-billion-dollars in revenue, beating Wall Street expectations and highlighting the continued AI boom across the tech industry. CEO Andy Jassy says Amazon plans to increase its spending on AI infrastructure, projecting capital investments could reach two-hundred-twenty-billion this year as the company works to keep up with demand.
>>Trump: Oil Companies Are Making Too Much Money
(Washington, DC) -- President Trump says ExxonMobil and Chevron are making too much money. Speaking in the Oval Office Monday, Trump said the country's two largest oil companies were taking in too much money based on a shortage and that they ought to give some of that windfall back to the public. The President said he's a big free enterprise guy but he's not happy about the situation. The oil industry argues current profits are based on global supply and demand. The American Petroleum Institute also cites uncertainty over the Strait of Hormuz, the critical oil trade route that's been choked to a trickle by the Iran war.
>>Jobs Report Out This Week
(Undated) -- The monthly jobs report will be in the spotlight when it's released by the Labor Department this week. Most analysts expect to see that the economy added an estimated 85-thousand new, non-farm payroll jobs in July. That would be a notable increase from the 57-thousand jobs added the month prior, although the unemployment rate is forecast to tick slightly up to four-point-three percent. The latest U.S. employment report is set for release on Friday.
