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July 16, 2026

πŸ†• Newsmakers 2:30p ET β€” new news β€” 2026-07-16

πŸ†• Newsmakers β€” 2:30p ET, 2026-07-16 β€” new since last alert

πŸ“° NEW MARKET THEMES: β€’ Utilities Keep Flipping The Breadth Switch The Utilities sector of the S&P 500 slid 0.98% yesterday, making it the index's worst-performing sector. Just 5 of 31 member stocks finished higher as the percentage of stocks trading above their 50-DMAs sank from 93.5% to 67.7%, a one-day drop of 25.8 percentage points. β€” seekingalpha.com Β· 07/16 2:20p https://seekingalpha.com/article/4922754-utilities-keep-flipping-the-breadth-switch β€’ Citadel Securities invests $400 million in Crypto.com at $20 billion valuation Crypto.com said on Thursday that market maker Citadel Securities had invested $400 million in the crypto exchange at a $20 billion valuation, in ​its first-ever institutional fundraising round. β€” reuters.com Β· 07/16 2:04p https://www.reuters.com/legal/transactional/citadel-securities-invests-400-million-cryptocom-20-billion-valuation-2026-07-16/ β€’ Reasons to Retain Cooper Companies Stock in Your Portfolio for Now Cooper Companies' premium contact lenses, restructuring gains and product launches support growth despite regional and competitive headwinds. β€” zacks.com Β· 07/16 1:56p https://www.zacks.com/stock/news/2955109/reasons-to-retain-cooper-companies-stock-in-your-portfolio-for-now?cid=CS-STOCKNEWSAPI-FT-analyst_blog|rank_focused-2955109 β€’ Update On Archer-Daniels-Midland: The Reasons Higher Highs Are On The Horizon Archer-Daniels-Midland Company is reiterated as a Buy, with the buy level raised to below $85 per share amid a robust bullish trend. Escalating geopolitical tensions, rising agricultural commodity and biofuel prices, and fertilizer shortages are driving higher earnings potential… β€” seekingalpha.com Β· 07/16 1:53p https://seekingalpha.com/article/4922721-update-on-archer-daniels-midland-the-reasons-higher-highs-are-on-the-horizon

πŸ“ˆ NEW GAINERS:

  1. ATAI +33% $7.11 (2.6B cap) $HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of AtaiBeckley Inc. (NASDAQ: ATAI) NEW YORK, July 16, 2026 /PRNewswire/ -- Class Action AttorneyΒ  Juan Monteverde Β with Monteverde & Associates PCΒ (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50Β Firm in the 2025 ISS Securities Class Action Services R… β€” prnewswire.com Β· 07/16 2:23p https://www.prnewswire.com/news-releases/hareholder-alert-the-ma-class-action-firm-announces-an-investigation-of-ataibeckley-inc-nasdaq-atai-302827890.html

  2. KARO +12% $65.78 (2.0B cap) Karooooo Ltd. (KARO) Q1 2027 Earnings Call Transcript Karooooo Ltd. (KARO) Q1 2027 Earnings Call Transcript β€” seekingalpha.com Β· 07/16 10:46a https://seekingalpha.com/article/4922658-karooooo-ltd-karo-q1-2027-earnings-call-transcript

  3. ABT +11% $98.87 (172B cap) Why Abbott Laboratories Stock Is Suddenly Winning Back Wall Street Abbott Laboratories NYSE: ABT gave the market what it wanted in itsΒ Q2 earnings report, affirming that the Exact Sciences acquisition was a good one. The critical takeaways are that comp growth is solid, the Exact Sciences business has traction, and the near-term margin impairme… β€” marketbeat.com Β· 07/16 1:45p https://www.marketbeat.com/articles/why-abbott-laboratories-stock-is-suddenly-winning-back-wall-street/

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

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