DAILY MARKET BRIEFING 7 JULY 2026

S&P 500 7,537 0.0% NASDAQ 26,121 +1.1% DOW 53,056 -0.0% RUSSELL 3,010 +0.5% FTSE 10,679 +0.3% DAX 25,670 -0.6% VIX 15.94 +2.4% US 10Y 4.46% -3 bp BTC 63,096 -1.6% ETH 1,765 -0.9%

U.S. CLOSE EDITION

Daily Market Briefing

SharpeIQ Research Desk · data as of 7 Jul 2026 close

This automated briefing summarizes the latest end-of-day session across US equity indices, rates, commodities, the semiconductor complex and options volatility, with notable insider filings and headlines. All figures are close-to-close from SharpeIQ market data.

1 Movers. IREN led gainers at +13.1%

2 Vol. 5 semis are realizing above implied (HV/IV > 1).

3 Laggards. SOLS led decliners at -15.1%.

1 Global Dashboard

Close-to-close moves across US equity indices, rates and crypto. Front-month energy and metals contracts, close-to-close.

Index / ContractLast1 Day1 Wk1 MoYTD52-Wk RangeTrend

US EQUITY INDICES

S&P 500 7,537 0.0% +1.1% +0.3% +9.9% 6,344 7,613

Nasdaq Composite 26,121 +1.1% +3.3% -2.7% +12.4% 20,413 27,094

Dow Jones Industrial 53,056 -0.0% +0.7% +2.0% +9.7% 44,786 53,056

Russell 2000 3,010 +0.5% -0.0% +4.0% +20.0% 975.9 3,024

INTERNATIONAL

FTSE 100 (UK) 10,679 +0.3% +0.2% +1.8% +7.3% 9,117 10,911

DAX (Germany) 25,670 -0.6% +0.3% +3.0% +4.6% 22,301 25,818

RATES & VOLATILITY

CBOE VIX 15.94 +2.4% -5.3% -2.8% +9.9% 13.47 31.05

US 10-Year Yield 4.46% -3 bp +8 bp -3 bp +27 bp 3.95% 4.67%

US 30-Year Yield 4.98% -1 bp +11 bp -1 bp +11 bp 4.54% 5.18%

US 5-Year Yield 4.19% -4 bp +6 bp -2 bp +45 bp 3.51% 4.33%

CRYPTO (24H)

Bitcoin 63,096 -1.6% +2.6% -3.9% -28.9% 58,534 110,640

Ethereum 1,765 -0.9% +3.9% -1.4% -41.2% 1,562 3,911

ENERGY

WTI Crude 69.13 +0.5% +1.0% -8.8% +20.6% 55.27 113.6

Brent Crude 72.51 +0.9% -0.6% -22.1% +19.4% 58.92 118.3

Natural Gas 3.30 +1.9% +3.5% +1.6% -8.6% 2.52 7.46

METALS

Gold 4,154 -0.8% +0.8% -4.6% -3.7% 3,337 5,318

Silver 61.35 -2.3% +0.7% -12.6% -13.1% 38.03 115.1

Copper 6.20 -0.0% +0.1% -1.0% +9.9% 4.33 6.65

Table 1. Close-to-close through 7 Jul. Rate changes in basis points; crypto is 24-hour; commodities are front-month contracts. Trend = trailing two weeks.

2 Semiconductors & Technology

Semiconductor and megacap-tech price action by horizon.

SEMICONDUCTOR COMPLEX — PRICE & VOLATILITY

TickerNameSpot1 Day1 WkYTDATM IVIV %ile30d HVHV/IV

NVDA NVIDIA 195.6 -0.0% +1.0% +3.5% 39% 51th 28% 0.72

AMD Adv. Micro Devices 552.0 +6.6% +5.8% +147.0% 78% 100th 80% 1.02

AVGO Broadcom 373.9 +3.7% +2.4% +7.6% 48% 67th 66% 1.36

AMAT Applied Materials 592.8 -1.7% -5.4% +120.8% 88% 100th 94% 1.07

TXN Texas Instruments 303.5 +3.6% +6.3% +72.1% 65% 100th 62% 0.95

MU Micron 984.8 +0.9% -13.0% +212.3% 102% 95th 118% 1.15

SNDK SanDisk 1,744 -4.5% -14.9% +533.8% 140% 100th 131% 0.93

WDC Western Digital 577.5 +7.1% -1.5% +207.8% 105% 100th 108% 1.02

STX Seagate 868.3 +5.9% -3.5% +202.0% 102% 100th 87% 0.85

Table 2. Price by horizon + at-the-money implied vol (≈30-day, annualized), 52-week IV percentile, trailing 30-session realized vol and HV/IV. HV/IV > 1.0 (highlighted) = realizing more than implied. Memory/storage tickers highlighted.

MEGACAP TECHNOLOGY

TickerNameSpot1 DayYTDTrend

AAPL Apple 312.7 0.0% +15.5%

MSFT Microsoft 386.7 -1.0% -18.0%

GOOGL Alphabet 366.5 +1.8% +16.4%

AMZN Amazon 244.2 +0.6% +7.8%

META Meta Platforms 600.3 +3.0% -7.6%

TSLA Tesla 419.8 +6.7% -4.2%

NFLX Netflix 76.02 -2.1% -16.4%

Table 3. Same conventions as Table 2 (price only).

IMPLIED VS REALIZED — SEMIS

Figure 1. Above the dashed parity line = realizing more than options imply. Memory/storage highlighted.

3 Session Movers

The session's largest one-day moves in the liquid optionable universe.

TOP GAINERS

TickerNameLast1 Day

IREN IREN Limited 43.91 +13.1%

AXTI AXT, Inc. 63.52 +12.2%

PENG Penguin Solutions, Inc. 67.71 +10.2%

LMND Lemonade, Inc. 78.70 +10.0%

CRDO Credo Technology Group Holding Ltd 265.5 +9.8%

LCID Lucid Group, Inc. 6.66 +9.5%

TOP LOSERS

TickerNameLast1 Day

SOLS Solstice Advanced Materials, Inc. 68.05 -15.1%

AAP Advance Auto Parts, Inc. 56.33 -8.5%

ULS UL Solutions Inc. 89.27 -8.0%

SPHR Sphere Entertainment Co. 151.5 -7.5%

FRHC Freedom Holdings Corp. 150.2 -7.4%

AVAV AeroVironment, Inc. 176.8 -7.4%

Table 4. Largest one-day moves, liquid U.S. optionable universe (known market cap ≥ $2B). Bars scaled within each panel.

4 Options & Implied Volatility

ATM implied-volatility movers and the semiconductor vol board.

ATM IV RISERS

TickerNameATM IVΔ 1 DayIV %ile

SNDK Sandisk Corporation 140% +27.0% 100th

STX Seagate Technology Holdings plc 102% +7.9% 100th

WDC Western Digital Corporation 105% +6.9% 100th

MU Micron Technology, Inc. 102% +5.3% 95th

AMD Advanced Micro Devices, Inc. 78% +4.9% 100th

ATM IV CRUSH

TickerNameATM IVΔ 1 DayIV %ile

TXN Texas Instruments Incorporated 65% +0.9% 100th

AVGO Broadcom Inc. 48% +1.3% 67th

NVDA NVIDIA Corporation 39% +1.7% 51th

AMAT Applied Materials, Inc. 88% +2.8% 100th

AMD Advanced Micro Devices, Inc. 78% +4.9% 100th

Table 5. ATM implied-volatility movers, full universe (2,946 tickers) — Δ in vol points vs. prior close; percentile over 52 weeks.

5 Insider Filings, Desk Briefing & Week Ahead

Notable Form 4 insider transactions filed with the SEC.

Insider buy/sell ratio today 0.20 parity 1.00

FORM 4 FILINGS

FiledInsider · TitleCompanySideSharesValue

07-06 Chang Tzonz-Sheng · SVP TSM Taiwan Semiconductor Manufacturing Company Limited SELL 173,000 —

07-06 ARCHER TIMOTHY · President and CEO LRCX Lam Research Corporation BUY 30,000 $901K

07-06 ARCHER TIMOTHY · President and CEO LRCX Lam Research Corporation SELL 30,000 $11.7M

07-06 Sanders Adam · Corp. Controller & CAO AMAT Applied Materials, Inc. SELL 125 $81K

07-06 Noseworthy John H · Director UNH UnitedHealth Group Incorporated BUY 206 —

07-06 MONTGOMERY RICE VALERIE MD · Director UNH UnitedHealth Group Incorporated BUY 220 —

Table 6. Notable Form 4 filings; value = reported transaction value.

DESK BRIEFING

• AVGO — Broadcom Inc. disclosed a material event (SEC 8-K).

• GOOGL — Google, RWE back Proxima Fusion in €411 million financing round · Reuters.

• META — Meta says US states are seeking $1.4 trillion in penalties in August youth safety trial · Reuters.

• AMD — Self-Driving Startup Turing Gets AMD Backing, Adopts AMD GPUs · Bloomberg.

• TSLA — Tesla (TSLA) Launches Miami Robotaxi Service, Is The Upside Already Priced In? · Simply Wall St..

• MU — Micron Technology (MU) Lands Ford And GM Deals, Is The Upside Already Priced In? · Simply Wall St..

• AMZN — Amazon.com (AMZN) Faces Fresh FTC Scrutiny As Its Undervalued Narrative Holds · Simply Wall St..

• META — Meta Platforms (META) Reshuffles Leadership, Is The Stock Still A Bargain? · Simply Wall St..

THE WEEK AHEAD

WhenEvent

Fri 17 Jul NFLX earnings — in 10 days · date is an estimate

Thu 23 Jul TXN earnings — in 16 days · date is an estimate

Thu 23 Jul TSLA earnings — in 16 days · date is an estimate

Fri 24 Jul GOOGL earnings — in 17 days · date is an estimate

Table 7. Upcoming earnings, next three weeks.

For informational purposes only — not investment advice, a recommendation, or an offer to buy or sell any security. Data may contain errors or omissions.

DAILY MARKET BRIEFING sharpeiq.com/research 7 JULY 2026