Hello and welcome to the working week. Brace yourselves: peak earnings season is here, and the breadth of companies reporting will set market tones. Themes around tech spending on AI and global inflation data are at the forefront.

The SpaceX earnings call follows its record‑breaking IPO and a dramatic return to Earth. Results show Starlink satellite revenue leading the group, while a planned mobile service targets U.S. consumers. Investor sentiment on AI‑spending tech remains sharp.

On Monday, Flutter Entertainment will sever its remaining ties with the London market, moving its listing solely to Wall Street. The betting firm, once a FTSE 100 member, will report Q2 figures next week.

Warner Bros Discovery faces a courtroom drama as 12 US states seek to block its $110bn takeover by David Ellison’s Paramount Skydance. Meanwhile, inflation reports blended with China, India, and U.S. employment data will shape the week.