🆕 Newsmakers — 12:30p ET, 2026-07-03 — new since last alert

📰 NEW MARKET THEMES: • U.K., Italian, Japanese Fighter Jet Venture Wins $6.14 Billion Contract U.K.'s BAE Systems, Italy's Leonardo and Japan's Mitsubishi Heavy Industries secured a contract funded by the three nations to develop a new stealth fighter jet. — wsj.com · 07/03 12:13p https://www.wsj.com/business/u-k-italian-japan-fighter-jet-venture-wins-6-14-billion-contract-e63655a3 • Trump Hits Out at ‘Hostile' Fed but Warsh Gets Breathing Room on Interest Rates President Trump indicated he understands Federal Reserve Chairman Kevin Warsh is unlikely to push for lower interest rates in the short term. — barrons.com · 07/03 12:00p https://www.barrons.com/articles/trump-fed-warsh-interest-rates-6126c78c • What Happened in Fuel Markets When Trump Lifted the Century-Old Jones Act California drivers, Gulf Coast refiners and Puerto Ricans have benefited from temporary suspension of the act. — wsj.com · 07/03 11:55a https://www.wsj.com/business/logistics/what-happened-in-fuel-markets-when-trump-lifted-the-century-old-jones-act-199da395 • AI infrastructure stocks have overtaken big tech hyperscalers in an ‘extraordinary' shift, says UBS research arm A research team at UBS sees value creation in the artificial intelligence infrastructure sector soaring 600% in the space of four years, compared with just 100% for “hyperscalers” — marketwatch.com · 07/03 11:41a https://www.marketwatch.com/story/ai-infrastructure-stocks-have-overtaken-big-tech-hyperscalers-in-an-extraordinary-shift-says-ubs-research-arm-7c425a02 • The Week The AI Trade Broke, And Why The Data Says 'Rotation,' Not 'Recession' For two days, the market did the thing that makes people panic. The entire semiconductor complex - the group that had led everything - fell 10-14%. — seekingalpha.com · 07/03 11:35a https://seekingalpha.com/article/4919735-the-week-ai-trade-broke-and-why-data-says-rotation-not-recession

🐘 NEW BIG-CAP MOVERS:

1. AAPL +5% $308.63 (4533B cap) Does the Dow’s New Record Send the Strongest Signal Yet for Value Stocks? Wall Street delivered one of its most unusual trading sessions of 2026. Yesterday, the Dow Jones Industrial Average climbed nearly 600 points, or 1.1%, to a record 52,900, while the Nasdaq-100 dropped almost 500 points, or 1.6%. The S&P 500 was virtually unchanged as gains in tr… — 247wallst.com · 07/03 10:39a https://247wallst.com/investing/2026/07/03/does-the-dows-new-record-send-the-strongest-signal-yet-for-value-stocks/

2. NFLX +5% $77.65 (327B cap) Netflix Gears Up to Report Q2 Earnings: Buy, Sell or Hold the Stock? NFLX heads into Q2 earnings with pricing gains, ad growth and higher free cash flow guidance, offset by peak content costs. — zacks.com · 07/03 12:01p https://www.zacks.com/stock/news/2947826/netflix-gears-up-to-report-q2-earnings-buy-sell-or-hold-the-stock?cid=CS-STOCKNEWSAPI-FT-analyst_blog|most_popular_stocks-2947826

— new items only (already-sent headlines filtered). Full list in the 10am/3pm digest.