🌅 Today's Morning Call
|
S&P Futures
7,592.25
▲ +8.50 (+0.11%)
|
Nasdaq Futures
29,733.00
▲ +37.75 (+0.13%)
|
Dow Futures
52,833.00
▲ +141.00 (+0.27%)
|
|
10Y Treasury
4.57%
▲ +0.03%
|
US Dollar
100.92
▼ -0.20 (-0.20%)
|
Bitcoin
$62,805
▼ -$935 (-1.47%)
|
Data as of 8:08 AM ET
Good morning! It is Monday, July 13, 2026, and the week is kicking off on a quietly confident note. Futures are nudging higher across the board, with the chip sector doing most of the heavy lifting after TSMC (TSM) delivered a blowout quarter overnight. There is a lot to unpack this morning, so here is your Monday rundown.
👀 What to Watch Today
Today's session will be shaped largely by the afterglow of TSMC's earnings beat, which hit over the weekend and is already setting the tone for semiconductor names heading into the open. Traders will be watching how the broader chip ecosystem, think Nvidia (NVDA), AMD, and ASML, responds to TSMC's 36% revenue surge when the bell rings.On the health care side, two separate FDA approvals are drawing attention. Dexcom's Stelo Glucose Biosensor System got expanded clearance for children, and Sanofi (SNY) received the green light for broader use of its type 1 diabetes drug in younger patients. Both developments could spark movement in the diabetes care space throughout the day.
Auto sector watchers will want to keep an eye on Stellantis (STLA), which reported a 10% jump in Q2 vehicle shipments this morning. With North America leading the charge, this is the kind of data point that could shift sentiment on the broader auto space ahead of any formal earnings calls later in the season.
Your Phone Is Smarter Than Your Inbox
Not every market move can wait. Our text alerts deliver the ones that can't. One short alert, straight to your phone, when something is worth seeing now. No fluff. No noise. No charge.
Text Me the Alerts🌏 Overnight Recap
Asian markets had plenty to chew on overnight, with TSMC's blowout revenue print dominating the conversation. The chipmaker reported Q2 revenue of NT$1.27 trillion, roughly $39.6 billion, beating forecasts and pointing to insatiable demand for advanced AI chips. That number is not just good for TSMC. It is a signal about the entire AI infrastructure buildout still running at full speed.In Europe, markets opened the week in a measured tone as traders processed the weekend's corporate news flow. TCS, India's largest software services firm, announced a multimillion-dollar contract win from ABB (ABBNY), a Swiss-Swedish industrial giant. The deal underscores how global enterprises are continuing to invest in digital transformation partnerships despite macro uncertainty.
On the currency front, the Dollar Index (DXY) is slipping slightly to 100.92, which could provide a modest tailwind for multinational earnings this season. Bitcoin, however, is pulling back about 1.5% to around $62,800, suggesting risk appetite in crypto is not quite matching the optimism in equities this morning.
Sponsored Content
The REAL Reason Trump Is Invading Iran
For a moment…
Forget about Trump’s ties to Israel.
Forget about reports of Iran’s nuclear program.
Because my research has led me to believe we’re risking World War 3 with Iran for a completely different reason.
If you have even a single dollar invested in the U.S. stock market, this is going to directly impact you.
📊 Pre-Market Movers
TSMC (TSM) is the obvious headliner in pre-market activity after its Q2 revenue of $39.6 billion crushed expectations and came in 36% above year-ago levels. The print is fueling optimism across the semiconductor space, with names like Nvidia (NVDA) and Broadcom (AVGO) likely to see sympathy moves when trading begins.Stelantis (STLA) is also on the radar after confirming preliminary Q2 shipments of nearly 1.6 million vehicles, up 10% year over year. North America remains the company's strongest market, and this data point should provide a nice pre-earnings confidence boost for the stock.
On the health care side, Sanofi (SNY) could see positive pre-market interest following its FDA label expansion for its type 1 diabetes drug into the pediatric market. Dexcom, while not listed under a specific ticker in today's news flow, has its Stelo system now cleared for children, making it a name worth adding to your watchlist for today's session.
🔍 Today's Watchlist
- TSM: TSMC's 36% revenue beat is the headline. Watch how AI chip demand commentary flows into NVDA and AMD at the open.
- STLA: Stellantis Q2 shipments up 10%. Could this spark broader auto sector interest ahead of formal earnings season?
- SNY and DXCM: Dual FDA approvals in diabetes care over the weekend. Both stocks worth watching for early momentum.
- 10-Year Treasury at 4.57%: Yields are nudging higher. Monitor whether rate pressure builds throughout the session and how growth stocks respond.
- Shein IPO Watch: China approved Shein's Hong Kong IPO with a valuation target above $40 billion. Keep tabs on fast fashion and retail sentiment.
Sponsored Content
SpaceX 'Dark Energy' Replaces Foreign Oil
For years, we've been told SpaceX is a rocket company. But according to new satellite images from 300 miles above the Earth's surface, there is something very strange going on at SpaceX right now that has nothing to do with space. It could soon replace our need for foreign oil forever and ignite a $10 trillion boom for the stocks involved.
🎯 The Morning Playbook
The chip story is the cleanest trade setup this morning. TSMC's blowout print is not just a company-specific win. It is confirmation that AI-related hardware demand is accelerating, not plateauing. If you have exposure to semiconductor names, today's open could offer a moment to reassess your positioning with fresh data in hand.Beyond chips, the dual FDA approvals in diabetes care are worth noting as a longer-term thematic signal. The pediatric glucose monitoring and insulin treatment markets are expanding, and regulatory tailwinds tend to have staying power over multiple sessions.
With futures modestly green, yields ticking slightly higher, and the dollar softening a bit, the backdrop for Monday is constructive but not euphoric. That kind of measured optimism is often where the best opportunities live. Start the week informed, stay patient, and let the market show its hand before making any big moves.
📰 Further Reading
Five Big Banks Agree ... $6k Gold is Coming (Ad)
When was the last time JPMorgan, UBS, Deutsche Bank, and Wells Fargo all agreed on the same thing? It almost never happens. JPMorgan sees $6,300 by year-end. UBS says $6,200 by June. Deutsche Bank, Societe Generale, and BNP Paribas all see $6,000 or higher. And with gold's recent dip–roughly 10% ove...
Claim your FREE Gold Bull Run guide (plus bonus report) →
This Is The Next Evolution Of The Smartphone (Ad)
Nvidia’s CEO just said: “This is the next biggest opportunity after AI… The ChatGPT moment for [Elon’s iPhone] is just around the corner.” Because ‘Elon’s iPhone’ isn’t just another smartphone… It’s the NEXT EVOLUTION of the smartphone. And we think it could launch on July 22nd.
Click here to get the full details NOW
Futurist Eric Fry says it will be a "Season of Surge" for these three stocks (Ad)
One company to replace Amazon… another to rival Tesla… and a third to upset Nvidia. These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. Eric Fry gives away names, tickers and full analysis in this...
Watch now…