Inflation data, big bank earnings, and Netflix results - What to watch this week:

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Stocks are back near record highs, but a flurry of trade announcements, deals, and extensions kept investors on their toes last week. In the week ahead, a busier economic and earnings calendar will offer them more to chew on.

Inflation data out Tuesday morning will set the economic agenda for the week. The Consumer Price Index (CPI) will be a key data point for investors and policymakers to weigh, with the Federal Reserve's next interest rate decision looming less than two weeks away.

On the earnings side, all the major US banks will report results this week, with renewed investor enthusiasm about the IPO and M&A markets, along with Wells Fargo's freedm from a decade of more stringent regulatory restrictions, likely to feature. Results from Netflix will kick off earnings from big US tech firms, with ASML and Taiwan Semiconductor Manufacturing set to offer key updates on the AI-related chip boom.

PepsiCo (PEP), United, and American Express are a mong the other notable firms set to release their quarterly results. Yahoo Finance reports.

💵 Wall St futures wobble on fresh tariff threats ahead of data, earnings deluge: U.S. stock index futures slipped on Monday, as President Donald Trump's fresh tariff threats targeting the European Union and Mexico dampened investor sentiment ahead of a week packed with economic data and second-quarter earnings.

Over the weekend, Trump announced plans to slap a 30% tariff on most imports from the EU and Mexico starting August 1, adding similar warnings to other countries, giving them less than three weeks to strike framework deals.

The EU said it would extend its suspension of countermeasures to U.S. tariffs until early August and continue to press for a negotiated settlement.

At 5:30 a.m. ET, Dow E-minis were down 130 points, or 0.29%, S&P 500 E-minis were down 17.75 points, or 0.28%, and Nasdaq 100 E-minis were down 65 points, or 0.28%.

The measured losses indicated investors are more accustomed to Trump's repeated tariff threats. MarketScreener reports.

🏦 Big banks are trying to put Trump tariff tumult in their rear-view mirror: What a difference a quarter makes for the mood surrounding the nation's largest banks.

Three months ago, a sense of gloom hovered over the first quarter earnings season as bankers grappled with a dealmaking freeze and the market chaos that followed President Trump's April 2 "Liberation Day" tariff announcement, with some warning of "considerable turbulence" and a possible recession.

That gloom has been replaced by measured optimism in the lead-up to the start of another earnings season this week, which starts Tuesday with JPMorgan Chase, Wells Fargo, and Citigroup. Yahoo Finance reports.

📊 China Emerges From Trade Chaos With Record Exports, Surplus: China ended the first half of the year with a record trade surplus of about $586 billion after exports to the US began to stabilize, with factories riding out the tariff rollercoaster that upended global commerce.

Exports rose 5.8% in June from a year earlier to $325 billion, exceeding the median estimate in a Bloomberg survey of analysts. Imports rose 1.1% to grow for the first time since February, according to data from the General Administration of Customs on Monday.

Shipments to the US fell 16.1% from a year earlier after slumping by over 34% in May. Chinese firms were able to increase their sales in other markets to compensate for the drop to the US, with exports to the 10 Southeast Asian nations in the ASEAN group soaring 17% from a year earlier. Yahoo Finance reports.

✈️ Boeing Stock Rises Premarket Despite Fuel Switch Checks Planned By South Korea: The South Korean government is preparing an order, asking all domestic airlines operating Boeing aircraft to conduct checks on fuel switches after last month's 787 Dreamliner crash in the Indian city of Ahmedabad.

The news comes as Boeing experienced an almost 2% surge in Premarket trading on Monday after the FAA said the fuel switches on the aerospace giant's aircraft are safe. Benzinga reports.

📚 Textbook publisher McGraw Hill targets $4.2 billion valuation in US IPO: U.S. publisher McGraw Hill is targeting a valuation of $4.2 billion in its IPO, the company said on Monday, adding to a recent line up of public market hopefuls that are looking to tap an improvement in investor sentiment.

Activity in the U.S. IPO market has seen an uplift in recent months as the trade policy confusion settles with investors flocking to new listings of companies like stablecoin issuer Circle Internet Group and Chime Financial.

Columbus, Ohio-based McGraw Hill is looking to raise up to $537 million from 24.39 million shares priced between $19 and $22 apiece.

McGraw Hill is one of the most recognized names in the publishing industry, and has a global sales team of nearly 1,500. Yahoo Finance reports.

💊 Kenvue CEO steps down: Tylenol maker Kenvue said on Monday Thibaut Mongon had stepped down as chief executive officer and board member.
The company has named Kirk Perry as interim CEO, effective immediately. Yahoo Finance reports.

(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM Eastern Time)
Benzinga reports.

1) $SONN: Sonnet BioTherapeutics

Total gain: +266.15%

2) $OP: OceanPal

Total gain: +80.88%

3) $SQFT: Presidio Property Trust

Total gain: +62.62%

4) $BTCM: BIT Mining

Total gain: +49.24%

5) $YHC: LQR House

Total gain: +46.15%

The closing price of the top three market percent gainers trading near or above $3 on July 11.
Benzinga reports.

*All pricing and percent gains are based on regular market trading hours from 9:30am to 4:00pm Eastern Time

1) $FTFT: Future FinTech Group

Total gain: +159.6%

The stock appeared to be moving on no notable news.

2) $ABVE: Above Food Ingredients

Total gain: +132.69%

The stock appeared to be moving on no notable news.

3) $SGN: Signing Day Sports

Total gain: +92.12%

The company announced the confidential submission to the U.S. Securities and Exchange Commission of a draft registration statement on Form S-4 by BlockchAIn Digital Infrastructure. Benzinga reports.

*Estimate and Actual numbers represent Earnings Per Share in US Dollars


SLP: Simulations Plus
3Q 2025

After Market Close
Estimate: 0.260
Actual: N/A

FBK: FB Financial
2Q 2025

After Market Close
Estimate: 0.880
Actual: N/A

EQBK: Equity Bancshares
2Q 2025

After Market Close
Estimate: 0.890
Actual: N/A

“The markets are the same now as they were five or ten years ago because they keep changing.”

- Ed Seykota

Sourced in: "Market Wizards: Interviews with Top Traders”, by Jack D. Schwager, published in 1989.