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Relentless Push: Russia Claims Strategic Edge in Ukraine Offensive

  Servicemen of the 115th Separate Mechanised Brigade of the Ukrainian Armed Forces use an RPG-7 grenade launcher during training between combat missions, in Kharkiv region, Ukraine. Russia’s top military commander, General Valery Gerasimov, has declared that Russian forces are conducting a non-stop offensive along nearly the entire front line in Ukraine, asserting that the “strategic initiative” now lies with Moscow. According to Gerasimov, Russian troops have intensified airstrikes on Ukrainian cities far from the battlefield, including a recent attack on Kyiv that killed at least 23 people and wounded 38. He reported that since March, Russia has seized more than 3,500 square kilometers of territory , captured 149 villages, and now controls the vast majority of the Luhansk, Donetsk, Zaporizhzhia, and Kherson regions. The offensive has also pushed into Ukraine’s southeastern Dnipropetrovsk region, with seven villages reportedly under Russian control. Moscow says it has carried...
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Wall Street Edges Higher as Big Tech Earnings Take Center Stage

 


Markets Open on a Positive Note

U.S. stock futures nudged upward Monday morning, signaling a potentially strong start to a week dominated by Big Tech earnings and trade policy developments. Futures for the S&P 500 and Nasdaq 100 rose approximately 0.3%, while the Dow Jones Industrial Average futures gained around 0.2%.

Tech Titans in the Spotlight

Investors are bracing for earnings reports from Alphabet and Tesla, the first of the “Magnificent Seven” to unveil second-quarter results. With AI-driven growth fueling lofty valuations, strong performances could reinforce investor confidence and justify recent market highs.

Tariff Tensions Simmer

Trade policy remains a key concern. The European Union is reportedly preparing retaliatory measures if a deal with the U.S. isn’t reached before the August 1 deadline for new tariffs. Commerce Secretary Howard Lutnick reaffirmed the White House’s “hard stop” on compliance, adding uncertainty to the market outlook.

Corporate Movers

Domino’s Pizza shares climbed 3% in premarket trading after posting better-than-expected second-quarter sales, despite missing profit estimates. Meanwhile, Block surged over 9% following its inclusion in the S&P 500, marking a milestone for the fintech sector.

AI Boom Powers TSMC

Taiwan Semiconductor Manufacturing Co. crossed the $1 trillion market cap threshold, buoyed by investor optimism around its role in the AI supply chain. The company raised its full-year revenue forecast to 30%, signaling robust demand for advanced chips.

With earnings season heating up and geopolitical tensions looming, Wall Street is set for a dynamic week. Let me know if you’d like a breakdown of specific company earnings or sector performance.

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