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Stock indexes retreated amid losses for the heavyweight chip sector, making the Nasdaq the laggard, while the Dow pulled back from a record high reached in morning trading. Memory producers sank even though Samsung posted a 19-fold surge in profit last quarter. The surge was in line with the sector's rally this year, but markets appear to be growing increasingly skeptical on whether AI hyperscalers can justify elevated levels of capital expenditure on infrastructure. Yields edged higher after attacks on an LNG tanker in the Middle East tempered hopes of lower energy inflation.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. v1. STOCK NEWS:Walmartsaid it would cut prices on many summer staplesfrom President Trump saying the retail giant was doing so at his requestChina's DeepSeek is developing its own AI chip in a push to reduce reliance on Nvidiaand Huawei chips,Vertex Pharmaceuticalsto acquire Crinetics Pharmaceuticalsfor $85 per share in cash, for a total equity value of approximately $10BSamsung Electronicsreported, but the AI-fueled earnings still failed to meet high investor expectationsMetadebuted its, saying it will help power image generation in Meta Advantage+ creative "in the coming weeks"2. WALL STREET CALLS:Wall Streetof SpaceX, including Raymond James starting the stock with a Strong Buy rating and $800 price targetScotiabankCloudflareto OutperformBofAAdobeat Underperform with a $190 price target, down from the Buy rating the firm previously heldDeutsche BankFirst Solarto BuyMelius ResearchAmerican Airlinesto Hold3. AROUND THE WEB:Big banks have held talks in recent months to buy a card network owned by Fiserv, Reuters and WSJ reportMicrosoftwill replace OpenAI and Anthropic with its own AI in some apps, Bloomberg saysMetasaid four states are seeking $1.4T in penalties over accusations it designed its social media platforms to addict young users and misled the public on their safety, Reuters reportsAmazonis seeking to raise at least $25B through a U.S. dollar bond sale to fund investments in artificial intelligence infrastructure, Bloomberg reportsPresident Trump is expected to support a potential sale of Lockheed Martin'sF-35 Lightning II jets to Turkey during a visit to Ankara, Reuters says4. MOVERS:Digital Oceangained afterit expects Q2 RPO to exceed $800MRedwood Trustwas higher after highlightingFigmaincreased after BofAcoverage with a Buy ratingRivianwas lower after75M shares of stockUnited States Antimonyfell after announcing the5. EARNINGS/GUIDANCE:Interactive Strengthraised itsCosmos HealthreportedShellissued anAbbVieprovided itsand cut its guidance for FY26Sealsqreportedand backed its guidance for FY26INDEXES:The Dow fell 130.76, or 0.25%, to 52,925.15, the Nasdaq lost 302.47, or 1.16%, to 25,818.69, and the S&P 500 declined 33.58, or 0.45%, to 7,503.85.

Reports preliminary 1H26 revenue $11M vs. $5M last year. As of June 30, cash and short-term investments stand at approximately $495 million, providing substantial liquidity to fund organic growth and strategic investments. The company said, "The 120% year-over-year revenue increase in H1 2026 was driven primarily by the strong growth in the demand for our Vault-IC secure element product family. In addition, H1 2026 included six months of consolidated revenues from IC'ALPS SAS, which was acquired in August 2025. Additional contributions came from continued growth in PKI subscription contracts as customers expand digital identity and certificate deployments, and initial revenues from the Quantix Edge Security semiconductor design center in Murcia, Spain."

Sealsq reaffirmed its previously communicated FY26 revenue guidance, with revenue expected to grow between 50% and 100% year-over-year relative to audited FY25 revenue of $18.3M. Carlos Moreira, CEO of Sealsq noted, "The first half of 2026 was an important inflection point for SEALSQ. We delivered approximately 120% year-over-year revenue growth, completed the acquisition of Miraex SA to add quantum photonics interconnect capabilities, increased our ownership in Wecan Group to a majority position, and participated as a lead investor in Quobly's EUR 115 million Series A round alongside STMicroelectronics. Together, these steps strengthen our position as a vertically integrated, sovereign-focused post-quantum security and quantum technology company, from silicon-level roots-of-trust through to quantum compute and orbital delivery. With QS7001 advancing through its final certification milestones, and a growing commercial pipeline, we believe we have the capital, technology and ecosystem required to lead in the post-quantum era."