DAILY MARKET BRIEFING 8 JULY 2026

S&P 500 7,482.71 -0.28% NASDAQ 25,870.65 +0.20% DOW 52,348.39 -1.09% RUSSELL 2,956.39 -0.88% FTSE 10,489.04 -1.66% DAX 24,897.45 -2.23% VIX 16.90 +8.33% US 10Y 4.57% +4 bp BTC 62,272.22 -2.80% ETH 1,759.69 -0.27%

U.S. CLOSE EDITION

PENG leads, ALHC lags — U.S. market close

SharpeIQ Research Desk · data as of 8 Jul 2026 close

A close-to-close read on the latest session across US equity indices, rates, commodities, the semiconductor complex and options volatility, with notable insider filings and headlines.

1 Movers. PENG led gainers at +25.13%

2 Vol. 3 semis are realizing above implied (HV/IV > 1).

3 Laggards. ALHC led decliners at -16.72%.

1 Global Dashboard

Close-to-close moves across US equity indices, rates and crypto. Front-month contracts: Brent Crude +7.60%; WTI Crude +5.65%; Silver -4.33%.

Index / ContractLast1 Day1 Wk1 MoYTD52-Wk RangeTrend

US EQUITY INDICES

S&P 500 7,482.71 -0.28% -0.01% +1.30% +9.31% 6,238.01 7,613.46

Nasdaq Composite 25,870.65 +0.20% -1.31% +0.63% +11.31% 20,418.46 27,093.90

Dow Jones Industrial 52,348.39 -1.09% +0.08% +2.90% +8.92% 43,588.58 53,055.91

Russell 2000 2,956.39 -0.88% -2.25% +4.34% +19.12% 2,166.78 3,024.37

INTERNATIONAL

FTSE 100 (UK) 10,489.04 -1.66% +0.10% +1.48% +5.61% 8,926.60 10,910.60

DAX (Germany) 24,897.45 -2.23% -0.57% +0.73% +1.66% 22,300.75 25,817.89

RATES & VOLATILITY

CBOE VIX 16.90 +8.33% +1.87% -7.60% +13.04% 13.47 31.05

US 10-Year Yield 4.57% +4 bp +15 bp +3 bp +41 bp 3.95% 4.67%

US 30-Year Yield 5.07% +2 bp +16 bp +7 bp +23 bp 4.54% 5.18%

US 5-Year Yield 4.31% +5 bp +12 bp +3 bp +59 bp 3.51% 4.33%

CRYPTO (24H)

Bitcoin 62,272.22 -2.80% -0.34% -3.15% -28.84% 58,534.28 124,752.53

Ethereum 1,759.69 -0.27% +2.39% -0.49% -40.69% 1,561.86 4,831.35

ENERGY

WTI Crude 74.44 +5.65% +9.33% -15.48% +29.64% 55.27 113.60

Brent Crude 78.02 +7.60% +9.01% -17.22% +28.22% 58.92 118.35

Natural Gas 3.22 -2.16% +0.16% +1.42% -12.75% 2.61 7.46

METALS

Gold 4,086.40 -1.67% +1.03% -5.75% -5.53% 3,293.20 5,318.40

Silver 58.76 -4.33% -1.42% -12.68% -16.22% 36.55 115.08

Copper 6.05 -2.36% -1.13% -4.34% +7.54% 4.33 6.65

Table 1. Close-to-close through 8 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 204.12 +4.38% +3.31% +9.45% 41% 60th 40% 0.99

AMD Adv. Micro Devices 517.41 -0.96% -10.93% +141.60% 83% 99th 81% 0.98

AVGO Broadcom 388.69 +4.83% +2.90% +12.31% 51% 77th 68% 1.31

AMAT Applied Materials 570.50 +2.89% -21.09% +122.27% 89% 100th 97% 1.08

TXN Texas Instruments 301.32 +2.73% +1.09% +74.82% 69% 100th 62% 0.91

MU Micron 948.80 +1.11% -17.16% +232.57% 101% 93rd 118% 1.17

SNDK SanDisk 1,727.18 -0.99% -24.04% +627.60% 135% 99th 130% 0.96

WDC Western Digital 550.30 +3.42% -13.84% +219.59% 112% 100th 110% 0.98

STX Seagate 860.02 +3.91% -10.88% +212.29% 105% 100th 86% 0.82

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 313.39 +0.23% +15.38%

MSFT Microsoft 383.34 -1.41% -20.55%

GOOGL Alphabet 361.92 -1.39% +15.71%

AMZN Amazon 243.62 -0.96% +5.55%

META Meta Platforms 603.12 -2.02% -8.55%

TSLA Tesla 394.06 -6.12% -12.38%

NFLX Netflix 75.59 -0.77% -19.38%

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

PENG Penguin Solutions, Inc. 78.47 +25.13%

AGIO Agios Pharmaceuticals, Inc. 44.01 +17.71%

WULF TeraWulf Inc. 22.83 +12.80%

PARR Par Pacific Holdings, Inc. 68.57 +11.57%

UCTT Ultra Clean Holdings, Inc. 100.91 +11.16%

BABA Alibaba Group Holding Limited 108.98 +11.05%

TOP LOSERS

TickerNameLast1 Day

ALHC Alignment Healthcare, Inc. 20.03 -16.72%

ABTC American Bitcoin Corp 5.86 -10.12%

SYF Synchrony Financial 68.26 -9.61%

EZPW EZCORP, Inc. 32.16 -9.26%

OLLI Ollie's Bargain Outlet Holdings, Inc. 61.88 -9.04%

NWL Newell Brands Inc. 5.06 -8.66%

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

WDC Western Digital Corporation 112% +3.54% 100th

SNDK Sandisk Corporation 135% +2.87% 99th

NVDA NVIDIA Corporation 41% +2.52% 60th

MU Micron Technology, Inc. 101% +1.66% 93rd

AVGO Broadcom Inc. 51% +1.57% 77th

ATM IV CRUSH

TickerNameATM IVΔ 1 DayIV %ile

STX Seagate Technology Holdings plc 105% -1.73% 100th

AMD Advanced Micro Devices, Inc. 83% -1.60% 99th

TXN Texas Instruments Incorporated 69% -0.51% 100th

Table 5. ATM implied-volatility movers across the semiconductor complex — Δ in vol points vs. prior close; percentile over 52 weeks.

5 Insider Filings, Desk Briefing & Week Ahead

Form 4 flow in PLTR, ANET: 1 buy / 5 sell prints (buy/sell ratio 0.03).

Insider buy/sell ratio today 0.03 parity 1.00

FORM 4 FILINGS

FiledInsider · TitleTickerNameSideSharesValue

07-07 Sankar Shyam · See Remarks PLTR Palantir Technologies Inc. BUY 35,000 —

07-07 Sankar Shyam · See Remarks PLTR Palantir Technologies Inc. SELL 35,000 $4.5M

07-07 Sankar Shyam · See Remarks PLTR Palantir Technologies Inc. SELL 150,000 $19.5M

07-07 BECHTOLSHEIM ANDREAS · 10% Owner ANET Arista Networks, Inc. SELL 4,113 $647K

07-07 BECHTOLSHEIM ANDREAS · 10% Owner ANET Arista Networks, Inc. SELL 8,302 $1.3M

07-07 BECHTOLSHEIM ANDREAS · 10% Owner ANET Arista Networks, Inc. SELL 25,845 $4.1M

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

DESK BRIEFING

• META — French antitrust watchdog orders Meta to resume talks with media groups over publishing fees · Reuters.

• AVGO — Apple to spend $30 billion in Broadcom chips deal that will see Colorado factory expand · Reuters.

• NVDA — Dow Jones Futures Waver, Oil Prices Rise Amid Iran News; Nvidia, Valero, Dell, SpaceX In Focus · Investor's Business Daily.

• GOOGL — Google Stock: Will Self-Improving AI Models Decide Who Wins Superintelligence Race? · Investor's Business Daily.

• AMZN — Amazon Stocks Climbs As AI Push Drives $25 Billion Bond Sale · Investor's Business Daily.

• AAPL — Apple Sales Seen Weathering Hardware Price Increases · Investor's Business Daily.

• AVGO — Broadcom gets $30 billion Apple boost as valuation debate grows · TheStreet.

• TSLA — Tesla’s Model Y just got a sharper Rivian threat · TheStreet.

THE WEEK AHEAD

WhenEvent

Thu 9 Jul PEP earnings — today

Thu 9 Jul WDFC earnings — today

Thu 9 Jul SMPL earnings — today

Thu 9 Jul FEIM earnings — today

Thu 9 Jul TMQ earnings — today

Thu 9 Jul BYRN earnings — today

Thu 9 Jul SOTK earnings — today

Thu 9 Jul NTIC earnings — today

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 8 JULY 2026