Trump said the Iran ceasefire was over, crude added $5 a barrel in two sessions, and last week’s glut talk vanished overnight. Broadcom jumped 6% on a $30 billion Apple chip commitment.
Today’s edition has the oil story, the tech pivot, and every name that moved before the weekend.

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$13.6 Million In Insider Selling Just Hit Two Near-High Rebound Stocks
You’re watching two stocks from the outside, where the charts still look strong enough to keep buyers interested. One is a travel platform sitting right at its 52-week high, while the other is an old-school business services name that has surged more than 50% in a year.
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Markets
Brent crude settled at $78.02 after hitting $80.59 intraday, with Trump vowing to continue bombing Iran after fresh IRGC ship attacks.
The Treasury had already revoked Iran's oil export waiver; existing trades get until July 17 to wind down. Diesel surged 11% on the same day Russia banned exports after Ukraine hit its refineries, the biggest one-day diesel move since the first weeks of Russia's war.
Airlines discovered that $78 oil is nobody's friend: American fell 6%, United and JetBlue each dropped 4%, and Delta slid 3%.
The Fed's June minutes confirmed "most" officials want the easing bias gone and flagged the AI buildout as a new inflation driver. Broadcom jumped 6% on Apple's $30 billion domestic chip commitment, while Alibaba gained 10% as investors found a less crowded AI trade.
DJIA [-1.09%]
S&P 500 [-0.28%]
Nasdaq [+0.20%]
Russell 2000 [-0.82%]

Market-Moving News
Commodities & Geopolitics
Oil Jumps as Iran Ceasefire Breaks
Oil prices surged Wednesday after the U.S.-Iran ceasefire broke down, with Brent crude reaching $79.48 per barrel, up 7.2%, as traders priced in renewed risk around the Strait of Hormuz.
The move hit broader markets as energy-driven inflation fears returned. The S&P 500 fell 0.8%, the Dow lost 745 points, and the Nasdaq slipped 0.7% as investors moved away from risk assets.
Gold Slips as Oil Shock Lifts Rate Fears
Gold fell Wednesday as higher oil prices revived inflation concerns, with spot gold dropping 0.8% to $4,072.69 per ounce by 9:11 a.m. EDT. U.S. gold futures fell 1.8% to $4,083.20.
Traders priced in a 67% chance of a September rate hike, up from 62% Tuesday. Silver fell 2.42%, platinum lost 3.6%, and palladium dropped 4.3%.

Energy & Infrastructure
AEP Texas Lands Federal Grid Loan
Nasdaq-listed American Electric Power said its Texas unit secured a $3.26 billion loan from the U.S. Department of Energy to expand Texas's transmission system, with the funding expected to support nearly 100 grid reliability projects.
The package includes replacing low-capacity wires and building about 2,800 miles of transmission infrastructure. At the same time, AEP said the federal funding could save customers about $685 million over 30 years and support 41 gigawatts of potential new load by 2030.
Chevron Opens Shale Tech to Rivals
NYSE-listed Chevron said it will license its chemical surfactants to ZL Chemicals, allowing rival oil producers to buy technology designed to improve shale well output as the energy major pushes for higher U.S. production.
The company said the chemicals improved first-year production from new wells by up to 20% and reduced decline rates in existing wells by 5% to 8%. In comparison, average shale recovery remains near 10% overall.

Travel & Leisure
Airlines Fall as Fuel Risk Returns
Airline stocks fell Wednesday as higher oil prices raised fuel-cost concerns, with United dropping 3.2% and Delta falling 1.9%. Southwest also lost 1.1% as Brent and U.S. crude both rose more than 5%.
The pressure came after renewed U.S.-Iran tension pushed energy prices higher. Fuel-sensitive travel names weakened as investors weighed whether higher costs could pressure margins and demand through the summer travel period.
Cruise Stocks Slide With Travel Names
Cruise operators also moved lower Wednesday, with Carnival and Royal Caribbean declining 2.4% and 1.5%, respectively. Viking Holdings fell 1.5% as travel stocks broadly weakened on renewed fuel-cost concerns.
The sell-off tracked the same oil shock that hit airlines. Higher crude prices raised questions about cruise operating costs, consumer travel budgets, and whether tensions in the Middle East could keep pressure on leisure stocks.

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Tech & AI Chips
Nvidia H200 Access May Reopen in China
Nasdaq-listed Nvidia may see a fresh opening in China after Reuters reported that Beijing plans to allow top AI firms to buy limited numbers of H200 chips, with Alibaba, ByteDance, and DeepSeek named as potential buyers under the plan, in a possible policy shift.
Fewer than 200,000 chips may be approved, less than half of earlier requests, as China balances its domestic semiconductor push with a computing crunch that has left major AI developers short of advanced processors, according to the report.
Apple Locks In Broadcom Chip Supply
Nasdaq-listed Apple and Broadcom expanded their chip partnership, with Apple planning to spend over $30 billion on Broadcom components under a supply deal that runs through 2031 and supports more U.S.-based sourcing.
Broadcom will invest $1.5 billion to expand its Fort Collins, Colorado, factory. At the same time, Apple said the agreement should produce at least 15 billion chips and deepen its domestic supply chain for radio-frequency wireless connectivity parts used across its devices over time.

Healthcare & Regulation
Obamacare Insurers Seek Steeper Premiums
Companies offering Obamacare plans requested a 14% median premium increase for 2027, the second-highest proposed increase since 2018. Insurers must submit proposed rates to regulators by July 15.
Higher hospital prices, rising specialty drug costs, and heavier medical use drove the request. Obamacare enrollment fell 13% in 2026 to 19.2 million, while KFF data showed premiums rose 58% after extra subsidies expired.
Sanofi Offers Fix in Vaccine Probe
Sanofi offered to publicly state that a rival flu vaccine is equally effective as its own, seeking to resolve an EU antitrust probe over alleged disparagement of CSL Seqirus’s Fluad.
The company would publish statements on its German and French websites for two years and avoid negative claims about Fluad. EU regulators said drugmakers can face fines of up to 10% of global annual revenue for such conduct.

Top Winners and Losers
Nuvee Holding [NVVE] $8.49 (+63.58%)
Nuvee makes vehicle-to-grid technology that lets EVs feed power back to electricity networks — a thesis that gets dramatically more compelling when oil prices spike and geopolitical risk returns.
Trump declaring the ceasefire over is the single most bullish event possible for the EV adoption argument. When gas threatens to return to wartime prices, everything that lets you not buy gas catches a bid.
Tvardi Therapeutics [TVRD] $5.00 (+61.29%)
Tvardi announced Phase 1 results for TTI-109, its next-generation oral STAT3 inhibitor, showing rapid prodrug conversion, dose-proportional exposure above the STAT3 IC50, and up to 60% reductions in STAT3-driven immune cell populations with significantly shorter side-effect duration than its predecessor.
The data clears the path to Phase 2 studies in dermatologic and GI diseases. Buy-rated at $9 target, with HCC Phase 2 topline data still expected in the second half of 2026.
Penguin Solutions [PENG] $78.47 (+25.13%)
Penguin Solutions posted record Q3 revenue of $479 million, up 48% year-over-year, with non-GAAP EPS of $0.84 against a $0.56 estimate.
Management raised full-year revenue growth guidance to 22% and lifted EPS guidance to $2.60 from $2.15, then added preliminary 2027 guidance of 30% growth on both metrics.
Stifel, Citizens, and Needham all raised price targets on the print.

Sadot Group [SDOT] $20.31 (-49.23%)
Sadot peaked near $72 at the start of July and has lost more than two-thirds of its value in a week. The food trading company was never a $72 story — it is a $30 million market cap company that got caught in a momentum squeeze.
The unwind is running at the same velocity as the runup, which is exactly what happens when thin-float names reverse.
ClearOne [CLRO] $10.16 (-26.59%)
ClearOne doubled Tuesday on the Cortigent brain-computer interface merger announcement and is giving back more than a quarter of that today as the initial reaction fades and investors assess what a $30 million market cap audio company is actually worth as a neural implant vehicle.
The Cortigent merger is still on. The price discovery is still happening.
Polibeli Group [PLBL] $7.47 (-25.37%)
Polibeli is aSingapore-based retail trade platform that has moved 40%+ in both directions across the past two weeks on thin float momentum with no consistent fundamental anchor.
Today’s 25% drop follows last week’s run in the same way the run itself was unexplained. The $2.74 billion market cap is real. The daily swings are all mechanics.

Poll: What's your view on small caps vs. large caps for the rest of 2026?

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Everything Else
💼 Investors are starting to look past the Mag 7, as the question shifts from who led the last cycle to which companies may be best equipped to lead the next one.
📉 Wall Street slipped, and the Dow fell more than 1% as renewed geopolitical risks prompted a more cautious mood among investors.
⚖️ Apple lost its challenge against EU rules aimed at limiting Big Tech power, marking another regulatory setback for the company.
🟡 Binance’s cooperation with U.S. law enforcement is facing fresh scrutiny after a DOJ memo raised questions around the crypto exchange’s role.
🤖 OpenAI launched GPT-Live voice models for ChatGPT, expanding its push toward more natural real-time AI conversations.
🔐 Crypto firms are preparing defenses against future quantum computing threats as the industry looks to protect encryption systems.

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— Adam G.
Elite Trade Club
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