Goldman Sachs strategists predict a strong US earnings season, fueled by the AI investment boom and high energy prices. They expect S&P 500 earnings to increase by 22% in the second quarter, with AI infrastructure stocks, particularly Micron Technology and Nvidia, contributing significantly to this growth. The positive outlook is supported by a solid macroeconomic environment, although profit growth expectations vary widely across sectors.

News Corp has scheduled its full-year 2026 earnings release for late July. Its Class B shares have shown a solid year-to-date performance, outpacing several U.S. media peers in the Dow Jones-branded universe. Analysts highlight Dow Jones' subscription and data revenues, digital real-estate assets, and book publishing unit as key earnings drivers, offering more recurring revenue components than traditional advertising models.

Equity Residential is a major U.S. apartment REIT, an S&P 500 constituent, concentrating its portfolio in high-rent coastal cities like Boston, New York, and San Francisco. The company generates revenue from rental income and is listed on the NYSE under the ticker EQR, offering investors a dividend-paying vehicle for exposure to U.S. residential real estate. Its strategy leverages urbanization trends and strong housing demand in these key markets.

Elastic (ESTC) closed fiscal 2026 with a 16% revenue increase, but its current remaining performance obligations (CRPO) — a key indicator of future revenue — accelerated by 20% to $1.2 billion, signaling a strong backlog. Analysts maintain a constructive stance with a mean target of $74, while TIKR’s model suggests a potential value of $118 by April 2031, driven by accelerating backlog and operating margin expansion efforts. Despite a recent workforce reduction, Elastic plans net headcount growth in FY27, focusing on sales to capitalize on its committed backlog.

Wells Fargo downgraded Progressive Corp. (NYSE:PGR) from Equal Weight to Underweight, reducing its price target from $219 to $205 due to anticipated growth challenges. The firm expects Progressive to face increased competition and moderating rate increases, especially during seasonally weaker growth months. This downgrade occurs despite InvestingPro data suggesting the stock is undervalued, with several analysts recently raising earnings estimates.

Viatris Inc. announced positive top-line results from a Phase 3 clinical trial evaluating VR-205 (targeted-release budesonide formulation) in Japanese adult patients with primary immunoglobulin A nephropathy (IgAN). The study met its primary endpoint, showing a statistically significant and clinically meaningful reduction in urine protein-to-creatinine ratio (UPCR) and demonstrating a safety profile consistent with global studies. Viatris aims to submit a New Drug Application in Japan by the end of 2026, where IgAN is highly prevalent and there is a significant unmet need for disease-modifying treatments.

Biogen (Nasdaq: BIIB) announced it will present new data from its Alzheimer's disease portfolio at the Alzheimer’s Association International Conference (AAIC) 2026. This includes Phase 2 CELIA study data for diranersen, an investigational tau-targeting ASO, and new analyses for LEQEMBI® (lecanemab), highlighting its subcutaneous administration and real-world use. The presentations will underscore Biogen's leadership and commitment to innovation in Alzheimer’s care, focusing on treatment delivery, real-world evidence, and approaches targeting amyloid and tau pathologies.

This article provides a weekly recap of Vulcan Materials, a major US-listed aggregates producer, comparing its position with peers like Martin Marietta and Holcim. It highlights the company's reliance on US infrastructure spending and residential construction, outlining how it generates revenue primarily from construction aggregates. The piece also details key sector drivers and provides essential company information and a disclaimer regarding investment advice.

NN, Inc. has announced significant new awards for its NVIDIA data center liquid-cooled products business, tripling the size of its liquid cooling product line launched in Q1 2026. This expansion involves procuring an additional 30 new machine centers for its Wuxi, China plant, adding to 17 previously announced CNC machines, and repurposing 5 automotive CNC production centers. The company aims to become a major supplier in the rapidly growing liquid-cooled AI data center market, utilizing its global footprint and expertise in precision fluid management.

Automatic Data Processing (ADP) will release its fourth-quarter fiscal 2026 financial results on July 29, 2026, before the Nasdaq market opens. The company will also host a conference call and webcast at 8:30 a.m. ET on the same day to discuss these results. Investors can find the financial materials and access the webcast on ADP's investor relations website.