Public Markets 8 Hours

Last updated: July 26, 2026, 11:30 AM ET

Market Tools and Trends

Traders will soon have a new avenue to speculate on major US stocks like Nvidia and SpaceX without direct share ownership, signaling evolving market dynamics. Meanwhile, exchange-traded funds in Latin America have tripled in value, driven by a surge in new products catering to local investor demand. In a move that could impact information flow, regulators are considering proposals that would quarterly reporting, a shift that has drawn concern from those who view comprehensive data as vital to market health.

Corporate Strategies and Deals

French building materials giant Saint-Gobain is through capital expenditures and acquisitions, aiming to more than double its North American business despite a sluggish housing market. In the wealth management sector, private equity firms Carlyle and Bain Capital are reportedly vying for a takeover of a wealth manager, a deal potentially valued at $7 billion, reflecting a broader trend of PE interest in asset managers for their steady revenue streams. Separately, the owner of Grady-White Boats, inspired by Patagonia, has decided to to charity rather than sell it for $400 million, following the death of his heir.

Technology and AI Spending Scrutiny

US technology giants are facing over their substantial artificial intelligence spending, a shift from previous years where lavish AI investments were largely rewarded. This market "revolt" comes as companies are being pressured to demonstrate clear returns on these significant outlays. In a separate development, New Jersey has become the first state to on digital displays, citing concerns that the technology could be used for surveillance, highlighting broader economic anxieties surrounding digital technologies.

Geopolitical Tensions and Defense

President Trump has reportedly military actions against Iran for a second consecutive day, partly due to concerns over dwindling stockpiles of air defense munitions in the Middle East. This pause in hostilities comes as both sides appear to be holding back on strikes. The administration's approach to Iran has been described as leaving the president feeling "trapped," despite wielding significant military power.

Corporate Governance and Research

The current administration's approach to science is facing criticism, with allegations that funding for basic research is being politicized. This comes amidst ongoing discussions about the role of science in policy-making and the potential impact on innovation and economic development.