WEEX Daily Market Highlights | 2026.07.31

By: weex|07/31/2026 07:30:00

1 Stock Highlights

1) Storage Chip Sector Leads Gains: AI Data Centers Drive Capacity Grab and Shortages

AI data centers continue to compete aggressively for capacity, causing severe DRAM/NAND shortages. Combined with Microsoft’s strong cloud results validating demand, capital has flowed heavily back into the storage sector.

Watchlist: DRAM, SNDK, MU, SKHY

2) Apple Warns of Supply Shortages; AI Data Center Demand Pulls Stock Lower

Apple’s Q3 iPhone revenue rose 22%, slightly beating expectations. However, Cook warned of a “once-in-a-century” surge in storage chip prices and limited supply elasticity for advanced SoCs. Q4 supply constraints will intensify and weigh on revenue guidance (max +11%, below expectations).

Watchlist: AAPL

3) Amazon Cloud Shines, AWS on Track for Trillion-Dollar Annual Revenue

Amazon’s Q2 cloud business beat expectations, but Q3 guidance disappointed and free cash flow turned negative. The call highlighted 3-year server payback and a near-$500B order backlog, positioning AWS to potentially exceed $1 trillion in annual revenue. Strong cloud demand resonates with Microsoft, reinforcing confidence in hyperscaler capex sustainability.

Watchlist: AMZN

4) Tesla Hits 10 Million Global Vehicles Produced, Milestone Boosts Sentiment

Tesla announced cumulative EV production exceeded 10 million units, becoming the first automaker to reach this milestone. The 10 millionth vehicle was a Model Y. The news, combined with sector rebound, ended a six-day losing streak. Focus remains on delivery recovery and progress in autonomous driving and robotics.

Watchlist: TSLA

2 Earnings Preview

July 31 Pre-Market

AbbVie, ExxonMobil, and Chevron are scheduled to report. Key focus areas include:

1) AbbVie (ABBV) | July 31 Pre-Market

Focus on Skyrizi and Rinvoq immunology growth offsetting Humira biosimilar erosion, neuroscience performance (Vraylar, Vyalev, etc.), and any upward revision to full-year guidance.

Watchlist: ABBVON

2) ExxonMobil (XOM) | July 31 Pre-Market

Focus on upstream profits at high oil prices, capex plans, dividend policy, and the impact of Middle East geopolitics on production and guidance.

Watchlist: XOMON

3) Chevron (CVX) | July 31 Pre-Market

Focus on refining and chemicals performance, dividend sustainability, and Middle East supply impacts.

Watchlist: CVXON

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Latest articles

11/06/2026

Broadcom (AVGO) : AI Growth, Fund Positioning, and Guarantee Risk

Broadcom (AVGO) recently fell with the semiconductor sector, closing down 10.43% at $291.53 on November 5. The shares rebounded more than 4% in premarket trading on November 6. Concerns that election results could lead to tighter AI rules and slower data center approvals contributed to a broad sell-off, with a semiconductor index falling about 12%. The move appears tied mainly to sector sentiment and policy concerns, with no clear company-specific negative catalyst identified.

Institutional trading and AI growth expectations are also in focus. ARK funds sold about $134 million of Broadcom shares over two sessions while adding to SpaceX. Citi maintained its Buy rating and projected that Broadcom’s AI semiconductor revenue could reach $115 billion in fiscal 2027, roughly doubling year over year. Broadcom had approximately $179.2 billion in signed contracts as of the prior quarter, while analysts estimated fourth-quarter AI chip revenue at about $21.7 billion. These forecasts will need to be tested against future results.

Contingent guarantees are another point for investors to monitor. Broadcom is providing guarantees tied to Anthropic’s AI rack-leasing arrangement, involving about $29 billion in the first phase and a second-phase plan of up to $43 billion. Banks plan to issue $21 billion in bonds to support related chip financing. The guarantee amounts are not the same as debt already incurred, but they add a potential risk to assess. Broadcom is scheduled to report its next quarterly results on December 9, when management’s outlook for fiscal 2027 AI demand will be closely watched. This article is for informational purposes only and is not investment advice.

11/06/2026

Netflix (NFLX) Stock Rebounds: Insider Sales, Advertising, and Growth Plans

Several Netflix executives sold company shares in early November 2026. Co-CEO Theodore Sarandos sold 27,312 shares from November 3 to 4, valued at about $1.81 million. CFO Spencer Neumann sold shares worth approximately $612,000. Co-CEO Gregory Peters realized about $1.69 million, including transactions related to tax withholding. Chief Legal Officer David Hyman and director Bradford Smith also reduced their holdings. Executive sales can have different reasons and should not be viewed on their own as a measure of the company’s outlook.

After recent pressure, Netflix shares rebounded more than 4% around November 4. Bill Ackman’s Pershing Square Capital Management allocated about 5% of its portfolio to Netflix, while new AI features and positive views on the company’s technology prospects helped sentiment. Netflix reported third-quarter 2026 revenue of $13.44 billion and earnings per share of $0.87, both above expectations, though its forward outlook remains a key focus.

Advertising is one of Netflix’s main challenges. Delays to key ad product features led the company to reduce its annual advertising revenue outlook from $3 billion to $2.7 billion. Viewer engagement has also faced pressure from changes in content appeal and competition from platforms such as YouTube. Netflix is pursuing growth through live events, gaming, and advertising, with plans to expand its ad-supported offering to 15 markets while adjusting its workforce by about 6% to improve margins. Investors may want to monitor advertising growth, engagement, and profitability. This article is for informational purposes only and is not investment advice.

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