Daily Financial Update Opening Recap Market Pulse: Tech stocks took turns leading and lagging as Nisa Investment Advisors boosted its position in Taiwan Semiconductor (NYSE:TSM), while foldable smartphone shipments in India shrank sharply. That mix of strategic buys and hardware hesitation set a cautious tone across broader equity markets. Key Movers: Envestnet Asset Management’s stake increase in TKO Group Holdings and insider buying that spurred a pre-market gap-up in Helen of Troy caught traders’ attention. ETF Daily News also highlights a Leerink Partnrs revision for Cogent Biosciences and F5’s warnings on AI data leakage. Macro & Politics: Al Jazeera’s breakdown of the new 35% tariff on Canada underscores supply-chain risks for machinery and auto parts, while CNN reports that political figures are pushing psychedelic therapies after an FDA setback for trials. What’s Next: Watch for Riverview Bancorp’s Q1 earnings preview and any FDA updates for Intelligent Bio Solutions’ SmarTest® patch as potential market catalysts. Enhanced Market Commentary Everyone’s overlooking that the 35% tariff on Canada isn’t just political theater—it’s a direct blow to supply chains that could ripple through machinery and industrial metals. Al Jazeera’s piece makes clear this move is more than posturing; traders should treat it like a live risk rather than background noise. Consider the odd pairing between RFK Jr.’s psychedelic-therapy push in CNN’s report and IPWatchdog’s guidance on the Hatch-Waxman safe harbor. One story is culture-war flashpoint, the other a deep-dive on legal shields for pharma R&D—yet both hinge on regulators reshaping entire market segments. Action time: lean into the confidence signaled by Nisa’s TSM stake boost and set tight stops on Helen of Troy if that pre-market gap fades. Keep a close watch on Intelligent Bio Solutions’ FDA path and Riverview Bancorp’s upcoming earnings announcement—because when policy or trial news shifts, your risk management needs to move first. 📈 Breaking Financial News TwinCities.com-Pioneer Press Some proponents worry they could lose credibility if they are rushed onto the market or are too closely tied to Kennedy. ETF Daily News Envestnet Asset Management Inc. lifted its stake in TKO Group Holdings by 3.7% during the first quarter, holding 126,270 shares after purchasing an additional 4,540 shares, per HoldingsChannel. GlobeNewswire Intelligent Bio Solutions announced a new global distribution agreement for its SmarTest® patch and emphasized U.S. expansion as FDA approval remains a strategic priority. The Times of India Foldable smartphone sales in India are down sharply despite price cuts and new models, as consumers remain wary of fragility, cost, and repair limitations. ETF Daily News Helen of Troy shares opened at $21.49 after insider buying, surging from a prior close of $20.05 and trading on unusually high volume. Oil Jumps 8.5% on Middle East Crisis Oil surged 8.5% to $74/barrel after Israel's Iran strike – biggest jump since 2022. Experts predict $100+ oil if conflict spreads. Don't chase volatile oil stocks. See Marc's safer alternative here Learn More → 🔍 Market Analysis & Insights ETF Daily News Nisa Investment Advisors LLC raised its TSM position by 9.4% in Q1, acquiring 2,317 shares per its latest SEC filing. CNN Advocates argue that controlled substances like LSD and ecstasy could help patients with depression and trauma, even as FDA trials face regulatory hurdles. IPWatchdog.com This final installment offers practical advice for leveraging common law experimental use exemptions and the statutory safe harbor under the Hatch-Waxman Act. ETF Daily News Leerink Partnrs cut FY2027 earnings estimates for Cogent Biosciences, forecasting lower per-share results ahead of client reports. Forbes F5’s CEO warns that piecemeal application delivery solutions create a “ball of fire” in total systems management, raising data-leakage risks. URGENT: $2 Trillion "D.C. Shock" coming A $2 TRILLION shock is about to hit Washington D.C., and it's going to send shockwaves through the entire market. This isn't about Trump, Biden, or any politician. It's BIGGER than that. Learn More → 💰 Investment Opportunities Investor's Business Daily Key economic data are on tap early Thursday, with futures pointing toward another tech showdown and Nvidia’s next earnings report looming. Al Jazeera English New levies on auto parts and industrial metals start August 1, sparking debate over cross-border trade and supply-chain stability. Stockcharts.com Big-bank earnings and an on-target inflation report failed to lift markets, but technology names remain in focus as potential breakout candidates. ETF Daily News tru Independence LLC trimmed its JPM position by 0.8% in Q1, offloading 241 shares amid broader portfolio adjustments. ETF Daily News Analysts forecast $0.05 EPS and $13.30 million revenue for Riverview Bancorp when it reports Q1 earnings before the open on July 24. Trump’s Spending Bill Passed: Four “Golden Anomaly” Stocks Will Soar Trump’s “Big Beautiful Bill” passed the Senate, setting a path to $60 trillion in debt by 2035. Gold is up over 50% since 2024. Discover four miners with 100X potential at discounts as deep as 90%. Learn More → |