Garmin (GRMN) stock climbed 1.06% to $247.89 following the LiveScope 2 launch, featuring improved sonar resolution and streamlined marine installation.

Nscale, supported by Nvidia, secured a $900M revolving credit facility from J.P. Morgan, Goldman Sachs, and other major banks to expand AI data centers.

UMC stock dropped ~6% premarket despite Q2 revenue of NT$69B beating estimates. Wedbush maintains Neutral while Bernstein keeps Underperform rating.

BlackRock launches IQQ, a new Nasdaq-100 ETF at 0.10%, challenging Invesco’s QQQ. BLK stock dips 0.4% as fee competition intensifies in index funds.

Midera (MFP) stock starts trading on Nasdaq after Middleby spinoff. The food equipment maker behind Costco’s $1.50 hot dog opens at $35 with $1.6B market cap.

Palantir (PLTR) stock gains after securing its first commercial Latin American customer, GNP Seguros, in an expanded AI platform enterprise agreement.

Nasdaq futures fall 1% in pre-market as Samsung’s record Q2 profits spark chip sector selloff. Oil rises after Iran fires missiles near Strait of Hormuz.

RBC raises Tesla (TSLA) price target to $500 citing SpaceX scenario. Q2 deliveries hit 480K units, up 25% YoY. Earnings expected July 22.

DeepSeek is developing a proprietary AI inference chip, causing Nvidia shares to drop 2%. The early-stage project aims to reduce chip dependency.

VivoPower (VIVO) stock sustains gains as Norwegian battery storage feasibility study projects up to $4M annual EBITDA from Nordic reserve market participation.

Microsoft (MSFT) stock down 20% YTD but analysts see 43% upside. Azure grows 40% YOY with $675 Jefferies target ahead of July 29 earnings.

Syntiant files for Nasdaq IPO as SYTN. Intel and Microsoft-backed AI chip maker posted $64.5M revenue and $20.9M loss in Q1 2026. Full IPO details inside.