Category: Market News

United Airlines Holdings Inc (NASDAQ:UAL) stock is in the green, rallying on strong chart signals ahead of its second quarter earnings report after market close Wednesday.

Bullish Technicals Set The Stage For A Breakout

Chart created using Benzinga Pro

Shares are trading around $87.41, comfortably above their eight-, 20-, 50-, and 200-day simple moving averages, a classic bullish indicator that suggests the trend is favorable, despite selling pressure indicating caution ahead.

The Relative Strength Index (RSI) is at 59.90, indicating that the stock has momentum without being overbought. At the same time, the Moving Average Convergence Divergence (MACD) stands at 2.65, confirming strengthening momentum and reinforcing bullish sentiment.

Earnings Expectations Soar, But Headwinds Remain

All eyes are now on United’s after-market release, with Wall Street forecasting earnings per share of approximately $3.77 on revenues of nearly $15.35 billion, according to Benzinga Pro data. The travel industry just got a boost after Delta Airlines Inc. (NYSE:DAL) reported a strong quarter – its positive outlook and easing fuel costs triggered a sector-wide rally, lifting the stock by more than 14%.

Read Also: Delta Air Lines Weathers The Storm: CEO Expects ‘Demand To Accelerate’ To Wrap 2025

If United can echo Delta’s performance with solid guidance and cost control, the market rally could gain altitude. However, dark clouds such as labor expenses, aircraft delivery delays, or weaker-than-expected booking demand could quickly ground the stock.

Longer-term, UAL remains down ~8% year-to-date, but still up 86% over the past year—a ride suggesting investors believe in the recovery story, even if the upcoming earnings report marks a turning point.

Whether the post-earnings reaction has lift-off or turbulence will depend on United’s ability to match or exceed expectations and whether it can maintain control of costs and outlook.

With bullish technicals in place, the second quarter reveal could be the spark that sends United Airlines to a new cruising altitude, or expose cracks beneath the runway.

Read Next:

• United Airlines Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street’s Most Accurate Analysts

Photo: Shutterstock

Gainers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLI)	SPDR Select Sector Fund – Industrial	150.6200	0.74	0.49	2.6K
(NYSE:XLF)	SPDR Select Sector Fund – Financial	51.8799	0.23	0.44	351.9K
(NYSE:XLV)	SPDR Select Sector Fund – Health Care	133.1300	0.53	0.39	9.1K
(NYSE:XLP)	SPDR Select Sector Fund – Consumer Staples	80.2000	0.13	0.16	4.3K
(NYSE:XLE)	SPDR Select Sector Fund – Energy Select Sector	87.0100	0.13	0.14	61.2K
(NYSE:XLK)	SPDR Select Sector Fund – Technology	257.9700	0.06	0.02	11.7K
(NYSE:XLU)	SPDR Select Sector Fund – Utilities	82.0000	0.01	0.01	1.4K

Losers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLY)	SPDR Select Sector Fund – Consumer Discretionary	218.7	-0.37	-0.17	808

Pulled from Benzinga Pro data the above sector movers alert assists traders in understanding macro-level trends and market variations. Traders will look for sector movers providing information on sectors that are over- or under-performing, deriving these results into investing decisions on exchange-traded funds (ETFs) or individual tickers in those sectors.

For more information on sector movers, click here.

As Bitcoin rebounds back to $119,000, spot Bitcoin (CRYPTO: BTC) ETFs saw a net inflow of $403 million on Jul. 15, marking the ninth consecutive day of positive flows, according to data from SoSoValue.

Spot Ethereum (CRYPTO: ETH) ETFs also recorded a net inflow of $192 million, extending their own streak to eight days.

What Happened: The cumulative inflows into spot Bitcoin ETFs have now reached $53 billion, while Ethereum ETFs have gathered $5.7 billion.

The total assets under management for US spot Bitcoin ETFs stand at $149.6 billion, representing 6.4% of the total Bitcoin market cap.

Ethereum ETFs hold $14.2 billion, accounting for 3.8% of the Ethereum market cap.

The renewed inflows into flagship ETFs come at a time of heightened institutional activity and a shift in the broader crypto narrative.

“Bitcoin broke out toward a new all-time high above $120,000, propelled by fresh institutional flows,” said Javier Rodriguez-Alarcon of XBTO in a note sent to Benzinga.

He noted that capital remains concentrated in the top market-cap assets, even as broader altcoin participation lags.

Bitcoin has gained over 30% year-to-date, surpassing gold as the best-performing asset so far in 2025.

The rally, analysts say, is being led by steady institutional buying rather than retail-driven speculation.

Fiscal concerns, including President Donald Trump‘s $5 trillion debt ceiling hike, have boosted Bitcoin’s status as a macro hedge.

Ethereum, meanwhile, has surged more than 15% over the past week.

The momentum appears to be driven by speculation surrounding potential ETF approvals that would enable staking, transforming ETH into a yield-bearing asset.

Also Read: How 27-Year-Old And Bitcoin Pioneer Quietly Assemble $10 Billion Crypto Arsenal

Why It Matters: Despite these inflows, concerns remain.

Tom Bruni, Editor-in-Chief at Stocktwits, pointed out that crypto investors may not fully understand the implications of “Crypto Week” legislation.

“Companies and investors are moving forward with or without it,” Bruni noted, citing strong ETF performance and market resilience.

The House failed to pass a procedural bill that would have enabled votes on key legislative packages including the GENIUS Act, CLARITY Act, and the Anti-CBDC Surveillance Act.

“The market was clearly pricing in progress during Crypto Week,” said Mike Cahill, CEO of Douro Labs. “When key bills stalled, it introduced a wave of uncertainty—especially for institutional participants.”

Meanwhile, Greg Magadini of Amberdata said, “Bitcoin has been a large benefactor of macro trends,” but added that ETH is now gaining momentum as staking-enabled ETFs and stablecoin utility on Ethereum-based rails gain interest.

As ETF flows continue to drive institutional interest, the upcoming Trump administration’s Digital Asset Task Force report expected on July 22 and the Federal Reserve’s meeting on July 30 are being closely watched for further macro and regulatory catalysts.

Read Next:

• Stablecoin Issuers Just Got A New Income Stream—And It’s Built Into The Blockchain

Image: Shutterstock

The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index moved to the “Greed” zone on Tuesday.

U.S. stocks settled mostly lower on Tuesday, with the Dow Jones index falling more than 400 points during the session following a mixed bag of earnings from big banks. The Nasdaq 100 surged to fresh record highs on Tuesday, breaking above the 23,000 mark as Nvidia Corp. (NASDAQ:NVDA) and other chipmakers powered a sharp rally.

Wells Fargo & Company (NYSE:WFC) reported better-than-expected second-quarter adjusted EPS results. JPMorgan Chase & Co. (NYSE:JPM) reported upbeat second-quarter earnings.

On the economic data front, U.S. inflation accelerated for a second straight month. The headline consumer price index rose 2.7% year-over-year in June, the highest since February and in line with expectations. However, core inflation, which strips out food and energy, came in slightly below forecasts at 2.9%, versus 3.0% expected.

Most sectors on the S&P 500 closed on a negative note, with financial, materials and health care stocks recording the biggest losses on Tuesday. However, information technology stocks bucked the overall market trend, closing the session higher.

The Dow Jones closed lower by 436 points to 44,023.29 on Tuesday. The S&P 500 fell 0.40% to 6,243.76, while the Nasdaq Composite gained 0.18% to 20,677.80 during Tuesday’s session.

Investors are awaiting earnings results from Morgan Stanley (NYSE:MS), Goldman Sachs (NYSE:GS) and Bank of America Corporation (NYSE:BAC) today.

What is CNN Business Fear & Greed Index?

At a current reading of 73.6, the index moved to the “Greed” zone on Tuesday, versus a prior reading of 76.2.

The Fear & Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.

Read Next:

• Top 2 Tech & Telecom Stocks That May Keep You Up At Night This Month

Photo courtesy: Shutterstock

With U.S. stock futures trading lower this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:

• Wall Street expects Morgan Stanley (NYSE:MS) to report quarterly earnings at $2.01 per share on revenue of $16.12 billion before the opening bell, according to data from Benzinga Pro. Morgan Stanley shares gained 0.9% to $142.79 in after-hours trading.
• J.B. Hunt Transport Services Inc. (NASDAQ:JBHT) posted downbeat earnings for the second quarter after the closing bell on Tuesday. The company reported quarterly earnings of $1.31 per share, missing market estimates of $1.33 per share. J.B. Hunt Transport shares fell 1.1% to $147.25 in the after-hours trading session.
• Analysts are expecting Goldman Sachs (NYSE:GS) to have earned $9.56 per share on revenue of $13.36 billion before the opening bell. Goldman Sachs shares gained 0.1% to $703.25 in the after-hours trading session.

Check out our premarket coverage here

• ASML Holding N.V. (NASDAQ:ASML) reported better-than-expected bookings for the second quarter but warned that it may not achieve growth in 2026. The company’s net bookings came in at 5.54 billion euros ($6.4 billion), topping market estimates of 4.44 billion euros. ASML shares gained 2% to close at $823.02 on Tuesday.
• Analysts expect Bank of America Corp. (NYSE:BAC) to post quarterly earnings at 87 cents per share on revenue of $26.81 billion before the opening bell. Bank of America shares fell 0.2% to $46.05 in after-hours trading.

Check This Out:

• Top 2 Tech & Telecom Stocks That May Keep You Up At Night This Month

Photo courtesy: Shutterstock

Bank of America Corporation (NYSE:BAC) looks to keep a streak of beating analyst estimates alive when the company reports second-quarter financial results before the market opens Wednesday.

Here’s a look at the current analyst estimates, what analysts are saying ahead of the report, and key items to watch.

Earnings Estimates: Analysts expect Bank of America to report second-quarter revenue of $26.81 billion, up from $25.54 billion in last year’s second quarter, according to data from Benzinga Pro.

The company has beaten analyst estimates for revenue in five straight quarters and in nine of the last 10 quarters overall.

Analysts expect Bank of America to report second-quarter earnings per share of 87 cents, up from 83 cents per share. The company has beaten analyst estimates for earnings per share in more than 10 straight quarters.

Read Also: How To Earn $500 A Month From Bank of America Stock Ahead Of Q2 Earnings

What Analysts Are Saying: Several analysts have downgraded Bank of America stock ahead of the quarterly financial results.

HSBC recently downgraded the stock from Buy to Hold, while also raising the price target from $47 to $51.

Analyst Saul Martinez said there are “downside risks” that are not priced into large U.S. banks like Bank of America. The analyst also downgraded JPMorgan and Goldman Sachs.

The analyst noted that factors such as macroeconomic uncertainty, the potential for economic growth to slow going forward, and future interest rate cuts in 2025 and 2026 could impact the stock’s future valuation.

Martinez said regional banks may be more favorably valued and ripe for rallies.

Here are other recent analyst ratings for Bank of America and their price targets:

• Truist: Maintained Buy rating, raised price target from $51 to $53
• RBC Capital: Maintained Outperform rating, raised rice target from $45 to $53
• Baird: Downgraded from Outperform to Neutral, with price target of $52
• Citigroup: Maintained Buy rating, raised price target from $50 to $54

Key Items to Watch: Bank of America’s earnings report comes a day after peer JPMorgan & Chase reported results. JPMorgan beat analyst estimates for both revenue and earnings per share and set the table for high expectations being placed on the banking sector.

One person who will be paying close attention to Bank of America’s earnings report is Berkshire Hathaway Inc (NYSE:BRK)(NYSE:BRK) CEO Warren Buffett. The banking company is the third-largest holding in the conglomerate’s investment portfolio.

The Bank of America stake is valued at $29.2 billion. Berkshire has been cutting its stake in Bank of America in recent quarters. Buffett may be looking for specifics or overall health to determine if it makes sense to further trim the position.

Bank of America’s earnings report and subsequent stock move will also be closely followed by owners of the SPDR Select Sector – Financials ETF (NYSE:XLF), with the bank the fifth largest holding at 4.2% of assets.

Recent stress tests were passed by major banks, which could lead to increased dividend payouts and share buybacks, and also open banks to more capital-intensive uses. Analysts may ask the company how it plans to use its cash after the recent stress test.

BAC Price Action: Bank of America stock was down 1.9% to $46.15 on Tuesday versus a 52-week trading range of $33.06 to $49.30. Bank of America stock is up 4.6% year-to-date in 2025.

Read Next:

• JPMorgan, Citi To Kick Off Bank Earnings As Wall Street Sees Profit Boom

Photo: Shutterstock

Bitcoin advocate Udi Wertheimer has made the case that Bitcoin (CRYPTO: BTC) is entering an explosive bull run, akin to what happened with Dogecoin (CRYPTO: DOGE) in 2020–2021.

What Happened: Wertheimer took to X on Monday to point out that Bitcoin’s surge is not just about price, as legacy crypto holders are being replaced by institutions, ETFs and treasuries like Strategy (NASDAQ:MSTR), which are accumulating without regard for past valuations.

This mirrors Dogecoin’s explosive 200x rally in 2020–2021, where old holders sold early, while new buyers, unaware of past price ceilings, kept accumulating until a sudden supply shock triggered massive upside.

Also Read: Why Are Bitcoin, Ethereum, XRP, Dogecoin Suddenly Skyrocketing?

That behavior caused a supply shock and sent Dogecoin soaring from fractions of a penny to $0.70 in 2021, a 200x move.

Wertheimer argues Bitcoin is following the same path, but on a much grander scale.

He warns the current consolidation phase isn’t the top, it’s the reset before liftoff.

New institutional buyers, especially via ETF flows like IBIT, aren’t concerned with technical ceilings.

To them, Bitcoin at $110,000 is still cheap, especially compared to other asset classes.

What’s Next: Udi Wertheimer base case is entering the first phase of a truly generational bull run, projecting a top of $400,000 by year-end.

Just as Dogecoin’s old holders missed the bulk of the rally, he warns today’s sidelined Bitcoiners may watch this run from the rearview mirror, unless they act now.

Ethereum (CRYPTO: ETH), he says, will be the biggest loser of this cycle, weighed down by long-term holders and underwhelming performance versus BTC.

The $4,000 target prediction show lack of belief and bagholders are still offloading on every pump. He even suggests that Strategy’s valuation could flip Ethereum’s, signalling a dramatic shift in crypto capital concentration.

Read Next:

• Bitcoin, ETH, XRP, Solana Are In For A ‘Long And Exhausting Bull Market,’ Bernstein Predicts

Image: Shutterstock

Gainers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLK)	SPDR Select Sector Fund – Technology	258.7599	3.12	1.22	101.7K
(NYSE:XLI)	SPDR Select Sector Fund – Industrial	151.2100	0.20	0.13	5.3K
(NYSE:XLC)	The Communication Services Select Sector SPDR Fund	107.1200	0.07	0.06	1.0K
(NYSE:XLY)	SPDR Select Sector Fund – Consumer Discretionary	222.3500	0.10	0.04	3.3K

Losers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLU)	SPDR Select Sector Fund – Utilities	82.5677	-0.212	-0.26	5.5K
(NYSE:XLE)	SPDR Select Sector Fund – Energy Select Sector	87.9900	-0.160	-0.19	10.8K
(NYSE:XLF)	SPDR Select Sector Fund – Financial	52.4600	-0.090	-0.18	403.0K
(NYSE:XLRE)	Real Estate Select Sector SPDR Fund (The)	41.8200	-0.030	-0.08	317
(NYSE:XLP)	SPDR Select Sector Fund – Consumer Staples	80.8400	-0.040	-0.05	20.0K
(NYSE:XLV)	SPDR Select Sector Fund – Health Care	135.0100	-0.020	-0.02	4.1K

Pulled from Benzinga Pro data the above sector movers alert assists traders in understanding macro-level trends and market variations. Traders will look for sector movers providing information on sectors that are over- or under-performing, deriving these results into investing decisions on exchange-traded funds (ETFs) or individual tickers in those sectors.

To read more about sector movers, click here.

The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index remained in the “Extreme Greed” zone on Monday.

U.S. stocks settled mixed on Monday, with the Dow Jones index recording gains during the session following President Donald Trump‘s weekend announcement of a sweeping 30% tariff on all imports from the European Union and Mexico, set to take effect August 1.

Investor sentiment was further clouded by inflation concerns ahead of Tuesday’s consumer price index release. Economists anticipate an annual rise from 2.4% to 2.7%, suggesting that companies may be starting to pass on higher import costs to consumers.

Fastenal Company (NASDAQ:FAST) reported better-than-expected second-quarter earnings. Shares of Daré Bioscience, Inc. (NASDAQ:DARE) jumped around 23% on Monday after the company announced interim safety and efficacy results from its ongoing Phase 3 clinical trial evaluating the contraceptive effectiveness, safety and acceptability of Ovaprene.

Most sectors on the S&P 500 closed on a positive note, with financial, communication services and real estate stocks recording the biggest gains on Monday. However, energy and materials stocks bucked the overall market trend, closing the session lower.

The Dow Jones closed higher by 88 points to 44,459.65 on Monday. The S&P 500 rose 0.14% to 6,268.56, while the Nasdaq Composite gained 0.27% at 20,640.33 during Monday’s session.

Investors are awaiting earnings results from JPMorgan Chase & Co. (NYSE:JPM), Wells Fargo & Company (NYSE:WFC) and Citigroup Inc. (NYSE:C) today.

What is CNN Business Fear & Greed Index?

At a current reading of 76.4, the index remained in the “Extreme Greed” zone on Monday, versus a prior reading of 75.6.

The Fear & Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.

Read Next:

• This Is ‘One Of The Hottest Stocks In The Universe,’ Jim Cramer Says

Photo courtesy: Shutterstock

With U.S. stock futures trading slightly higher this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:

• Wall Street expects JPMorgan Chase & Co. (NYSE:JPM) to report quarterly earnings at $4.48 per share on revenue of $44.17 billion before the opening bell, according to data from Benzinga Pro. JPMorgan shares gained 0.4% to $289.94 in after-hours trading.
• Analysts are expecting Wells Fargo & Co. (NYSE:WFC) to have earned $1.40 per share on revenue of $20.78 billion before the opening bell. Wells Fargo shares gained 0.1% to $83.55 in the after-hours trading session.
• Longevity Health Holdings Inc. (NASDAQ:XAGE) announced a merger with THPlasma and the termination of its transaction with 20/20 BioLabs. This strategic move is expected to leverage plasma synergies to drive bioaesthetic innovation. Longevity Health shares jumped 67.5% to $4.43 in the after-hours trading session.

Check out our premarket coverage here

• Before the markets open, The Bank of New York Mellon Corp. (NYSE:BK) is projected to post quarterly earnings at $1.76 per share on revenue of $4.83 billion. Bank of New York Mellon shares rose 1.4% to $96.60 in after-hours trading.
• Analysts expect Citigroup Inc. (NYSE:C) to post quarterly earnings at $1.62 per share on revenue of $20.89 billion before the opening bell. Citigroup shares gained 0.8% to $88.17 in after-hours trading.

Check This Out:

• This Is ‘One Of The Hottest Stocks In The Universe,’ Jim Cramer Says

Photo courtesy: Shutterstock