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Nasdaq 25,873 Β· Stripe, Advent offer $53B for PayPal in landmark deal ‌ ‌ ‌ ‌ ‌
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Stock Mornings
Your weekday pre-market read on US stocks.
Issue #17 Β· Wednesday, July 15, 2026
Volatility (VIX)  Cautious Β· 16.4  β–Ό from 16.5 yesterday
Stocks fell moderately as traders weighed mega-cap earnings and a major payments-industry deal against cautious sentiment.
 
 

●  The Numbers

S&P 5007,515.34  -0.79%
-0.29% this week
Nasdaq Composite25,873.18  -1.55%
-0.95% this week
Dow Jones52,498.64  -0.26%
-1.05% this week
Russell 20002,953.17  -0.83%
-1.87% this week

Before the bell: see how Asia, Europe & US futures traded overnight →

●  The Movers

Leaders

MSFT Microsoft+1.53%
META Meta+0.66%
AAPL Apple+0.63%

Laggards

NVDA Nvidia-3.52%
TSLA Tesla-3.19%
SPCX SpaceX-2.20%

The day's best and worst of the tracked indices and mega-caps Β· day-over-day change.

●  The Read

S&P 500 β€” description, not prediction

Trading above both its 50-day (7,440.71) and 200-day (6,969.43) averages β€” the longer-term trend reads as up. 30-day range 7,266.99–7,609.78; currently in the upper third of that range. RSI(14) 54 β€” momentum roughly neutral.

See where every market sits on the daily page β†’

●  The Brief

 Stripe, Advent offer $53B for PayPal in landmark deal

Stripe and Advent International jointly offered to buy PayPal for $60.50 per share, signaling consolidation in the competitive payments sector and reshaping digital payment infrastructure. (CNBC)

 Morgan Stanley posts earnings amid robust banking activity

The investment bank reported results boosted by stronger trading and investment banking revenue, joining peers JPMorgan and Goldman Sachs in showing sector strength. (CNBC)

 ASML raises guidance again on AI chip equipment demand

The Dutch chipmaking equipment maker raised its forecast for the second time this year as customers accelerate production capacity for artificial intelligence processors. (CNBC)

 Warren Buffett initiates Berkshire stake in Alphabet

Berkshire Hathaway's chairman disclosed the conglomerate started buying Google's parent company, reflecting his investment views on a major technology business. (CNBC)

Partner

The charts we read every morning

TradingView is the charting platform a lot of "The Read" leans on β€” live charts, screeners and alerts for stocks, indexes and the VIX. New to it? This link puts toward a paid plan.

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Markets 101

Bull market vs. bear market?

A bull market is a sustained rise (often defined as +20% from a low); a bear market is a sustained fall of 20% or more from a high. The names describe the trend, not a forecast.

β€œMarkets are a description of today, not a forecast of tomorrow.”

Stock Mornings is an educational digest for US readers. Nothing here is financial, investment, tax, or legal advice. Stocks carry risk β€” you can lose money, and past performance does not predict future results. Some links may be affiliate links; we may earn a commission at no cost to you. Prices via Yahoo Finance, captured shortly before the opening bell.

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