Speedrun | Upcoming Events This Week - [July 20 - July 24, 2026]
Stay informed on events/news for the coming week.Geopolitical & Market Outlook> Iran Conflict: Tensions have escalated following an Iranian drone attack on a U.S. base in Jordan that resulted in the deaths of two U.S. service members. U.S. forces have responded with strikes on Iranian military coastal targets for eight consecutive nights.> Energy Prices: The conflict has pushed crude oil prices above $80/barrel from a low of $68.55 on July 6th. This rise in energy costs poses a challenge to the Federal Reserve’s outlook and may impact future Consumer Price Index (CPI) reports.> Momentum Unwind: High-beta momentum stocks have experienced a significant sell-off, with Goldman Sachs' High Beta Momentum basket dropping 32.8% in just three weeks since its June 22nd peak. This drawdown is compared to the market environment in late 2021, just prior to the 2022 bear market.Earnings Calendar This is a major week for earnings releases. Key companies to watch include:> Google ($Alphabet(GOOGL.US)): Investors are focused on AI ROI, capital expenditure (CapEx) trends for 2026/2027, and memory cost pressures. There is concern that the market is not properly pricing in higher CapEx spending. > Intel ($Intel(INTC.US)): As a major semiconductor company reporting this week, Intel will be watched for CPU demand trends related to agentic AI growth. > Other Notable Releases: Tesla ($Tesla(TSLA.US)), Texas Instruments ($Texas Instruments(TXN.US)), GE Vernova ($GE Vernova(GEV.US)), Nokia ($Nokia Oyj(NOK.US)), STMicroelectronics ($STMicroelectronics NV(STM.US)), TE Connectivity ($TE Connectivity(TEL.US)), IBM ($IBM(IBM.US)), and ServiceNow ($ServiceNow(NOW.US)). Sector Notes> Semiconductors: The Philadelphia Semiconductor Index (SOX) is down 19% from its peak and is approaching oversold territory with an RSI of 40.62. > Strategy: There is a suggestion to shift focus toward "quality names" for long-term survival, as the previous market trend of buying "anything" between April and June appears to have ended. Check it out 👇
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