Meta is evaluating whether to sell unused AI computing capacity to external customers through an internal initiative known as Meta Compute, potentially offering model APIs or raw compute in competition with AWS, Azure and Google Cloud. The company raised its 2024 capital spending outlook to $125 billion to $145 billion and said new contracts added $107 billion in contractual commitments. The strategy has not been implemented and remains under review, but investors see it as a possible way to ease concerns about elevated capex.

UnitedHealth Group (UNH) is scheduled to release second-quarter earnings before the market opens on July 16, 2026. Wall Street expects revenue of about $1110亿美元 and earnings per share of $4.84, up 18.6% year over year. The company previously beat Q1 expectations, improved its medical care ratio to 83.9%, and raised its full-year EPS outlook to above $18.25. Analyst consensus has shifted to a “Strong Buy,” with a median price target of $415 and a high of $492.

DigitalOcean (DOCN) officially joined the Russell 1000 Index on June 29, a move that can trigger buying from passive funds that track the benchmark. The company posted Q1 revenue of $258 million, up 22% year over year, and non-GAAP EPS of $0.44, both ahead of expectations, alongside AI-related ARR of $170 million, up 221%. It lifted its full-year revenue outlook to $1.13 billion–$1.145 billion, implying about 25%–27% growth. Shares trade at 119 times trailing earnings, but the stock holds a “Moderate Buy” consensus rating with a mean target price of $179, implying about 38% upside.

GE Vernova is set to release its second-quarter results before the market opens on July 22, 2026. In Q1, the company reported $18.3 billion in orders, up 71% year over year, and said total backlog rose to $163 billion while it raised its full-year revenue, EBITDA and free-cash-flow guidance. It has continued to book orders tied to AI data-center power equipment and gas turbines for Vietnam’s LNG power plant, even as analysts maintain a “Strong Buy” rating with an average 10.2% upside target.

Strategy, formerly MicroStrategy, unveiled a new Digital Credit capital framework that includes authorization to monetize Bitcoin up to $1.25 billion, a $2.55 billion U.S. dollar reserve, $1 billion of STRC preferred stock repurchases and a separate $1 billion Class A common stock buyback. The company also lifted the dividend rate on its STRC preferred shares to 12% and said it will reassess that rate monthly based on market conditions. The move is aimed at easing pressure after STRC fell below its $100 par value and Strategy’s mNAV slipped below 1, tightening its financing options.

Wheat futures ended mixed Thursday, with Chicago SRW posting small losses while KCBT HRW advanced, including a 3 1/2-cent gain in the September contract. USDA weekly export sales data showed 2026/27 wheat sales of 300,060 MT for the week ended June 25, down 48.79% from the same week last year and the lowest total so far this marketing year. Saudi Arabia also issued a tender to buy 655,000 MT of wheat for delivery this fall.

U.S. cotton futures finished higher on Thursday, with weekly performance mixed as the December contract gained 74 points while the Jul 26 front-month fell 71 points on the day to 72.57 cents/lb. USDA data showed 49,001 RB of 2025/26 export sales in the week of 6/25, a 7-week low, alongside 44,117 RB of new-crop sales, also a 7-week low, according to the agency’s Export Sales report. The U.S. dollar index slipped to 100.650. In the cash market, the Seam average price was 68.63 cents/lb, the Cotlook A Index rose to 85.55 cents, and the Adjusted World Price fell to 61.94 cents/lb.

South Korea’s KOSPI fell more than 7% in a single session as SK Hynix and Samsung Electronics sank, extending a two-day global selloff in chip stocks. The iShares Semiconductor ETF (SOXX) dropped more than 5%, with AI infrastructure names such as ARM, Intel, Micron and AMD broadly falling 5%–14%. Over the same period, software and AI-application shares including Microsoft, Apple, Palantir and Robinhood rose. A weaker-than-expected U.S. June jobs report reinforced rate-cut expectations, but semiconductor shares were driven lower by fading confidence in overseas supply-side conditions.

WTI crude rose +0.16% on Thursday as the dollar weakened and short covering emerged. The market still faced heavy bearish pressure as Middle East supply flows continued to recover, with Saudi exports at 90% of prewar levels and the UAE back to full prewar levels. Prices were also weighed by record Russian crude exports of 4.13 million bpd and signs of progress in Iran nuclear talks. Iraq also warned it could leave OPEC if it does not receive a higher output quota.