MarketBeat Week in Review – 08/03 - 08/07

Stocks had another weekly gain with technology stocks leading the way. An unexpected job loss in July added fuel to the rally, as some investors took it as a sign that the Federal Reserve was less likely to raise interest rates.

Those expectations could change next week when investors get the latest inflation readings. The July readings for the Consumer Price Index (CPI) and Producer Price Index (PPI) will be released on Aug. 12 and Aug. 13, respectively. A hotter-than-expected reading in either index could reset investor expectations.

A potential offset will be corporate earnings. Next week will be another big week of earnings reports. So far, many companies have cleared a high bar. Earnings are the signal, and if they continue to surprise to the upside, the market will continue to rally.

Articles by Thomas Hughes

AbbVie (NYSE: ABBV) reported earnings last week, and Thomas Hughes explained why the biopharmaceutical company has solved its biggest problem. With the patent cliff threat fading, analysts are focused on the company’s diversified pipeline and setting aggressive price targets.

Advanced Micro Devices (NASDAQ: AMD) did what it does. It delivered a beat-and-raise quarter and issued conservative guidance. Hughes explained why the post-earnings reaction may be the price correction investors have been waiting for.

Sticking with the chip sector, Hughes highlighted onsemi's (NASDAQ: ON) moves to become a full-stack physical AI and robotics provider. However, that’s not the only reason Hughes believes ON could be headed to new all-time highs.

Articles by Sam Quirke

Sandisk Corporation (NASDAQ: SNDK) delivered an earnings report that blew away expectations on both the top and bottom lines. However, Sam Quirke explained that slightly weaker revenue guidance for the current quarter was enough to send SNDK lower, and that both bulls and bears have a case for what comes next.

A solid earnings report wasn’t enough to break the month-long slide in McDonald’s (NYSE: MCD) stock. Quirke highlighted the strengths in the report and the legitimate areas of concern when thinking about investing in MCD.

Boeing (NYSE: BA) received a key approval from the U.S. Federal Aviation Administration (FAA) this week. The approval unlocks the company’s backlog, and BA is higher on the anticipation of future revenue gains.

Articles by Chris Markoch

Drone stocks have pulled back sharply from early 2026 highs on valuation concerns. But Chris Markoch explained why the sector has a $1.5 trillion tailwind in the Pentagon’s budget. That could be a strong catalyst for three drone stocks that may be ready for liftoff.

Palantir Technologies (NASDAQ: PLTR) delivered what its CEO referred to as an “otherworldly” earnings report, and investors agreed. PLTR surged over 30% after the report, and the stock continued to climb to end the week. Markoch explained why what many analysts felt was a surprise, really wasn’t.

In contrast to Palantir, Archer Daniels Midland (NYSE: ADM) delivered a strong earnings report that was met with skepticism. As Markoch explained, the company’s growth largely stems from a policy-driven tailwind that may not persist.

Articles by Ryan Hasson

Financial stocks have been a big winner as money rotates out of the AI trade. This week, Ryan Hasson provided more context for investors and highlighted two of the big banks that could be beneficiaries of this rotation.

Prior to the tech recovery this week, investors were dealing with an AI-driven sell-off. However, Hasson directed investors to five AI stocks that have held their ground during the sell-off and could move higher after their respective earnings reports.

Rocket Lab (NASDAQ: RKLB) reports earnings on Aug. 10. This week, Hasson highlighted three contracts the company has recently signed, and why those are setting up a potentially strong move after earnings.

Articles by Leo Miller

In an earnings season filled with many stellar reports, Meta Platforms (NASDAQ: META) stands out for its lackluster report. The issue wasn’t the headline numbers, but the company’s lack of clarity on when or how it would see a return on its high AI spending. Read Leo Miller’s article to see why analysts want to see more than ad revenue growth.

Many investors are turning to dividend stocks to manage market volatility. Miller pointed out three companies that recently issued double-digit increases to their dividend payouts and have outperformed the S&P 500 through the first half of this year.

Miller also focused on the healthcare sector and highlighted three healthcare stocks with different profiles for income investors that have increased their dividend payouts

Articles by Nathan Reiff

It may not be a true sector rotation, but investors have been looking for momentum stocks to get them through the summer. This week, Nathan Reiff highlighted three stocks outside of the AI trade that are taking different paths in the summer rally.

Higher yields on the 10-year Treasury note are stoking interest in fixed-income investments. Reiff offered investors three fixed-income ETFs that are attractive for more than their yields.

Oil and gas stocks have been volatile but remain persistently high. Instead of investing in individual stocks, Reiff pointed out four energy-focused ETFs that offer different approaches for investors with varying risk tolerances.

Articles by Dan Schmidt

Reddit Inc. (NYSE: RDDT) delivered a stellar earnings report, but the stock dropped 20%. Dan Schmidt described the issue that’s weighing on many stocks that rely on engagement. How should a stock be priced when user metrics are falling?

Schmidt also highlighted two stocks that rallied after solid earnings. However, in both cases, Schmidt noted that a more careful reading of the reports may give investors reason to take a step back.

Articles by Jeffrey Neal Johnson

SpaceX (NASDAQ: SPCX) delivered one of the most highly anticipated earnings reports this week. Jeffrey Neal Johnson previewed what to expect, but even after earnings, it’s a solid primer for understanding the bull and bear cases.

First Internet Bancorp (NASDAQ: INBK) is not the first name that comes to mind for options traders as an aggressive play. But that’s been the case with INBK, which is seeing a surge in call options volume. Johnson broke down the reasons why institutions are re-rating the stock.

SpaceX was supposed to be the tide that lifted all boats in the space sector. Instead, as Johnson wrote this week, it’s become an anchor weighing the sector down. However, as Johnson explained, having space stocks exit the euphoria phase creates an opportunity to identify the real winners and losers.

Articles by Peter Frank

Boot Barn (NYSE: BOOT) has gone mainstream. But this week, Peter Frank addressed the question investors have to consider. Can the company’s growth outrun what’s become a lofty premium?

Ulta Beauty (NASDAQ: ULTA) beat expectations in its latest earnings report. However, Frank pointed out the company’s most recent guidance raised margin concerns, which show why near-term upside may be limited.

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The article "MarketBeat Week in Review – 08/03 - 08/07" first appeared on MarketBeat.