Market review from UTEX — week 31

The market is hitting new highs: the S&P 500 rose another 1.3% and closed above 6,300 points for the first time. The Nasdaq added half a percent and also closed at a record high. Bitcoin fell to $114,000 on Friday, but rose over the weekend to reach $119,000.

On Sunday, it was announced that the US and the EU had concluded a trade deal. Tariffs on most exports from the European Union will be 15% instead of 30%. According to Trump, the EU will purchase $750 billion worth of American energy resources and billions of dollars worth of US weapons.

About 31% of S&P 500 companies have reported their results. According to FactSet, the average forecast for annual profit growth rose to 6.35% compared to 5.35% a week earlier.

Reports from the largest big tech companies are ahead: Apple (AAPL), Amazon (AMZN), Microsoft (MSFT), and Meta (META). Analysts will be looking at AI spending after Alphabet increased its capital expenditure forecast for artificial intelligence by $10 billion.  

On Wednesday, the Fed will announce its interest rate decision. Trump continues to pressure Fed Chair Powell, but he seems unyielding. And although Federal Reserve Governor Christopher Waller hinted at a possible cut, markets estimate the probability of this at only 3%. At the same time, 64% of investors believe that the rate will be cut by at least a quarter of a percent in September.

On Thursday, we await the PCE index, an inflation indicator that the Fed likes to refer to. On Friday, the full labor market report will be released.

This week could determine the trajectory of the market and the economy for the rest of the year. In the coming days, 164 more S&P 500 companies will report, including Carvana (CVNA), Robinhood (HOOD), Coinbase (COIN), Starbucks (SBUX), and UnitedHealth (UNH). Add them to your Favorites on UTEX so you don't miss any movement on the report:

Top 5 ideas for trading this week

🟡 Meta Platforms (META). Report on July 30 after closing. Despite the fact that META is close to its historic highs, it is becoming clear that the company is losing the AI development race. Mark Zuckerberg is trying to close the gap by offering fabulous salaries to the best AI specialists on the planet. Only time will tell whether this strategy will pay off, or whether it will suffer the fate of the greatest metaverse that never took off.

🟡 Apple (AAPL). Report on July 31 after closing. Formerly the most valuable company in the world, it was the undisputed leader in the technology market and the dominant smartphone manufacturer in the crucial Chinese market. That is no longer the case. AAPL is still part of the Big 7 with a market cap of $3.2 trillion, but it is no longer a growth driver. Competition from Chinese smartphone manufacturers is growing, and revenue and profits have remained unchanged since 2023. In 2025, Apple's shares fell 14%, significantly below the market average.

🔴 Robinhood Markets (HOOD). Report on July 30 after closing. Since the beginning of the year, HOOD has grown by 173%, and the stock is now at its peak. The company is modernizing its platform and rapidly growing its customer base and assets, even entering the corporate token and forecasting markets. 

🟡 Amazon.com (AMZN). Report on July 31 after closing. Amazon used to focus on e-commerce and cloud computing. But now another engine is gaining momentum — the highly profitable, fast-growing, and still undervalued Amazon Ads. Advertising on Prime Video opens up a powerful new level of monetization for Amazon. This is not just an additional source of income, but a strategic opportunity for the giant.

🔴 Coinbase Global (COIN). Report on July 31 after closing. The signed GENIUS Act creates a clear regulatory framework for stablecoins and launches what is called the “Web3 economy.” Coinbase is one of the main beneficiaries here.

Trade what suits you best:

🔴 high risk, for the pros;

🟡 medium risk, for traders with little experience.

Profitable deals!

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