Stock Market News for July 29, 2026

Market-moving semiconductor and CHIPS developments

Marvell (MRVL) will invest $250 million to expand its Bangalore facility, accelerating next‑generation AI development in India and deepening its global AI supply chain (company announcement).

GlobalFoundries (GFS) signed a letter of intent with the U.S. Department of Commerce for up to $300 million to boost U.S. silicon photonics capability (details), while Aeluma (ALMU) inked a CHIPS R&D Office letter of intent for up to $30 million to accelerate AI and advanced computing R&D (read more).

UMC (UMC) reported second‑quarter 2026 results; Taipei‑listed foundry results remain a bellwether for capacity, pricing and demand (report).

Lam Research (LRCX) reported quarterly results for the period ended June 28, 2026 (earnings release), a read investors watch for memory and logic equipment demand and capex cadence across chipmakers.

Silicon Motion (SIMO) announced results for the quarter ended June 30, 2026, a data point for NAND controller demand and storage‑centric AI client markets — watch guidance for seasonal SSD trends (company release).

FormFactor (FORM) posted second‑quarter 2026 results (details), reinforcing that test and probe demand is tracking AI‑driven wafer starts.

Wolfspeed (WOLF) added semiconductor veteran Andy W. Mattes to its board, shoring up commercial experience as Wolfspeed scales power‑semiconductor capacity (announcement).

AI data centers, storage and infrastructure

Jet.AI (JTAI) is investing in a 200MW natural‑gas‑powered data center in Alberta, tapping Canada’s growing AI cluster and the power/cooling buildout for hyperscale AI workloads (announcement).

MaxLinear (MXL) highlighted its Panther platform for AI storage efficiency at FMS 2026, signaling that storage‑side optimizations will matter to AI compute chains (coverage).

Fortinet (FTNT) reported strong second‑quarter 2026 results (earnings), underscoring persistent security spend from AI and cloud migrations.

Big earnings & guidance shifts

Vertiv (VRT) posted a strong Q2 with adjusted diluted EPS up ~60% and raised full‑year 2026 guidance — a bullish signal for data‑center infrastructure peers (company release).

Amphenol (APH) reported record second‑quarter 2026 results, underscoring resilient demand across connectors tied to industrial, auto and telecom spending (results).

Equinix (EQIX) reported second‑quarter results and raised 2026 guidance and its long‑term outlook (company release), signaling durable hyperscaler colocation demand that supports data‑center REIT narratives.

Lam Research (LRCX)'s latest quarter offers equipment‑cycle clues; closely read orders and backlog for signals on memory capex timing (release).

Rush Street Interactive (RSI) reported second‑quarter 2026 results and raised full‑year guidance, a positive near‑term sign for online gaming peers as monetization and user retention trends improve (company release).

Q2 Holdings (QTWO) announced second‑quarter 2026 results and an additional $350 million share repurchase authorization, a material capital‑allocation move that reduces outstanding float and signals board confidence (press release).

FICO (FICO) announced earnings of $10.45 per share for third quarter fiscal 2026, a notable metric for analytics‑software margins and recurring‑revenue strength (release).

Energy, mining and commodities

Patterson‑UTI Energy (PTEN) reported quarterly results for the period ended June 30, 2026 — a read for North American drilling activity and service‑pricing trends as producers pace budgets (earnings).

Core Lab (CLB) reported second‑quarter 2026 results (company release), useful for tracking reservoir‑service demand and oilfield testing activity tied to commodity cycles.

Vivakor (VIVK) updated guidance for its crude‑oil marketing platform to approximately $1.5 billion in annualized activity — a material volume signal that could alter investor expectations for scale and commodity exposure (guidance).

Vermilion Energy (VET) reported Q2 2026 results, increased annual production guidance and enhanced its return‑of‑capital framework (financial results).

U.S. Rare Earths (UUUU) broke ground on a commercial‑scale heavy rare‑earths plant in Utah, a strategic move for EV motor and defense supply chains (report).

Elemental Royalty (ELE) noted a 32% increase in reserves at Karlawinda and said expansion commissioning remains on track for Q3 2026 — a reserve lift that can reframe future royalty cash flows (announcement).

Ramaco Resources (METC) released a Hatch report and shareholder letter on the exploratory Brook Mine critical‑minerals project, moving a potential domestic supply project into early technical visibility (report).

United States Lime & Minerals (USLM) reported Q2 2026 results and declared a regular quarterly cash dividend, an income signal for materials investors that ties to construction and industrial demand (company release).

Mining and precious‑metals results

Hecla (HL) reported excellent Q2 exploration results at Keno Hill, discovered new veins at Midas and posted positive definition results at Greens Creek (exploration update), which can materially expand mine life if followed by feasibility work.

Vista Gold (VGZ) announced second‑quarter 2026 financial results (report), a reminder that development‑stage gold names remain sensitive to funding and permitting milestones.

Endeavour Silver (EXK) released Q2 2026 financials (results), data investors use to track cash costs, production trends and metal price leverage across silver producers.

Biotech and regulatory updates

Xencor (XNCR) will receive $105 million from Alexion to resolve a U.S. royalty matter for Ultomiris®, a lump‑sum payment that clears uncertainty and strengthens near‑term cash flow visibility (announcement).

Allogene Therapeutics (ALLO) received an FDA RMAT designation for cema‑cel as first‑line consolidation therapy in large B‑cell lymphoma, a pathway that can speed development and make the asset more attractive to partners or acquirers (read more).

Lōkahi Therapeutics™ (GCTK) advanced LT‑100 toward a single‑injection development strategy, a clinical‑development shift investors watch for potential market differentiation in the biotech pipeline (company update).

Corporate & industrial earnings and calendar

Ryerson (RYZ) reported second‑quarter 2026 results (earnings), a read for steel distribution trends and industrial‑end‑market demand.

Algoma Steel Group (ASTL) reported results for the three months ended June 30, 2026 (financial release), important for regional steel pricing and mill utilization signals.

NewMarket Corporation (NEU) reported second‑quarter and first‑half 2026 results (financial release), relevant to specialty‑chemicals and refining margins.

Notable M&A, financing and strategic deals

CBIZ (CBZ) agreed to be acquired by Grant Thornton Advisors for $5 billion, backed by New Mountain Capital — a deal that reshapes the professional‑services landscape (deal details).

MIMEDX (MDXG)'s planned acquisition of Sanara MedTech positions the company to expand product channels and end‑market reach in wound care and regenerative therapies (agreement).

Product certifications, commercialization wins and tech tie‑ups

Energous (WATT) won FCC certification for its PowerBridge Pro+, advancing commercialization of wireless power and potential licensing pathways (announcement).

SmartRent (SMRT) selected Databricks' Data + AI platform to power next‑generation multifamily property analytics, a cloud‑data partnership that can sharpen operational KPIs and resident‑level insights (press release).

Corporate moves, governance and compliance

VivoPower (VIVO) secured a US$50 million PIPE at a US$7.50 conversion price, materially easing near‑term liquidity pressures (filing).

Kohl's (KSS) announced a board chair transition and a new director, a governance update investors watch for strategic direction and succession planning (announcement).

Hims & Hers (HIMS) responded to an FTC lawsuit (company response), a development investors will watch for legal‑cost and reputational risk implications.

Entegris (ENTG) made changes to its board of directors (board update), a move that can influence governance and strategic oversight for materials suppliers to chipmakers.

Sonos (SONO) appointed Chris Shackelton to its board (announcement), strengthening oversight as the company navigates product cycles and licensing opportunities.

YouLife (YOUL) received a notification letter from Nasdaq, a compliance signal investors monitor closely since it can precede listing actions if not remedied.

Quick hits — notable earnings, filings and calendar items

• Carvana (CVNA) announced record second‑quarter 2026 results (results).
• Starbucks (SBUX) reported Q3 fiscal 2026 results (release).
• Sonos (SONO) reported third‑quarter fiscal 2026 results and appointed a new director — see governance note above (earnings).
• Tetra Tech (TTEK) reported strong third‑quarter 2026 results (company release).
• Qualcomm (QCOM) posted an investor relations earnings release online (notice).
• MGM Resorts International (MGM) reported second‑quarter 2026 financial and operating results (results).