Twilio Inc., together with its subsidiaries, provides customer engagement platform solutions in the United States and internationally. It operates through two segments, Twilio Communications and Twilio Segment. The company provides various application programming interfaces and software solutions for communications between customers and end users, including messaging, voice, email, flex, marketing campaigns, and user identity and authentication. It also offers software products to build direct, personalized relationships with their end users, such as segment, a platform that provides tools for first-party data by unifying real-time information collected; and engage, an automation platform for the delivery of omnichannel campaigns. Twilio Inc. was incorporated in 2008 and is headquartered in San Francisco, California.

Twilio Inc.

Слабый индекс, значительно упал. Уверенность быков остается на низком уровне.

Weak index, significantly down. Bullish confidence remains low.

Слабый индекс, незначительно вырос. Рынок на стороне быков.

Weak index, slightly up. The market is on the bulls' side.

Средний индекс, незначительно упал. Отток средств из лонгов увеличился и находится на высоком уровне.

Medium index, slightly down. The outflow of funds from longs has increased and is at a high level.

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the State Street SPDR S&P MIDCAP 400 ETF Trust (Symbol: MDY) where we have detected an approximate $450.4 million dollar outflow -- that's a 1.7% decrease week over week (from 39,142,160 to 38,492,160). Among the largest underlying components of MDY, in trading today Twilio Inc (Symbol: TWLO) is off about 2.8%, TechnipFMC plc (Symbol: FTI) is down about 2.9%, and Illumina Inc (Symbol: ILMN) is higher by about 0.1%. For a complete list of holdings, visit the MDY Holdings page » The chart below shows the one year price performance of MDY, versus its 200 day moving average:
Looking at the chart above, MDY's low point in its 52 week range is $559.89 per share, with $704.45 as the 52 week high point — that compares with a last trade of $689.97. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ».
Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Further MDY Research:
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Notable ETF Outflow Detected - MDY, TWLO, FTI, ILMN

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the State Street SPDR S&P MIDCAP 400 ETF Trust (Symbol: MDY) where we have detected an approximate $292.7 million dollar outflow -- that's a 1.1% decrease week over week (from 39,567,160 to 39,142,160). Among the largest underlying components of MDY, in trading today Carpenter Technology Corp. (Symbol: CRS) is up about 1.6%, Curtiss-Wright Corp. (Symbol: CW) is up about 1.5%, and Twilio Inc (Symbol: TWLO) is higher by about 1.2%. For a complete list of holdings, visit the MDY Holdings page » The chart below shows the one year price performance of MDY, versus its 200 day moving average:
Looking at the chart above, MDY's low point in its 52 week range is $559.89 per share, with $704.45 as the 52 week high point — that compares with a last trade of $688.20. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ».
Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Further MDY Research:
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

State Street SPDR S&P MIDCAP 400 ETF Trust Experiences Big Outflow

Key Points
NICE provides highly profitable AI-driven customer engagement solutions and financial crime compliance software.
Twilio offers a massive programmable communications platform that powers messaging and data for over 402,000 active accounts.
Which of these cloud software leaders deserves a spot in your investment portfolio in 2026?
As businesses integrate artificial intelligence to manage customer interactions, choosing between NICE (NASDAQ:NICE) and Twilio (NYSE:TWLO) depends on whether you prefer established profitability or higher revenue growth potential.
NICE focuses on comprehensive customer experience software and financial compliance, while Twilio provides the developer tools that power modern digital communications. Both compete for dominance as enterprises seek to automate and personalize every digital touchpoint.
The case for NICE
NICE provides cloud-based software that uses artificial intelligence to help companies manage customer engagement and prevent financial crime. It is a prominent player among tech stocks, serving clients in over 150 countries. Because its platform handles sensitive digital interactions and compliance, it builds deep relationships with large enterprise clients.
In FY 2025, revenue reached nearly $2.9 billion, representing a growth rate of roughly 7.7% compared to the previous year. The company also reported net income of approximately $612.1 million, achieving a healthy net margin of close to 20.8%. Net margin measures how much profit a company keeps for every dollar of sales.
NICE maintains a debt-to-equity ratio of 0.0x, which compares its total debt to shareholder equity, and a current ratio of 1.6x as of its December 2025 balance sheet. It generated free cash flow of roughly $622.8 million. Note that stock-based compensation represented roughly 20% of operating cash flow, which inflates reported cash generation since SBC is a non-cash expense added back in the cash flow statement.
The case for Twilio
Twilio provides a programmable platform that allows developers to build messaging, voice, and email capabilities into their own applications. It relies on a "Super Network" of global communications and utilizes Amazon for its cloud infrastructure. With over 402,000 active customer accounts, it serves everyone from small startups to massive global enterprises.
In FY 2025, revenue grew by roughly 14% to reach nearly $5.1 billion. While it previously struggled with losses, the company achieved a net income of approximately $33.8 million, resulting in a thin net margin of close to 0.7%. Net margin measures how much profit a company keeps for every dollar of sales.
As of its December 2025 balance sheet, the company maintains a current ratio of roughly 4.0x and a debt-to-equity ratio of nearly 0.1x. It generated free cash flow of approximately $1.0 billion. Note that stock-based compensation represented roughly 60% of operating cash flow, which inflates reported cash generation since SBC is a non-cash expense added back in the cash flow statement.
Risk profile comparison
NICE faces significant competition from other customer experience and automation providers. Because its software often handles high-stakes financial crime detection, any cybersecurity failure or data breach could lead to severe reputational damage. Additionally, as more companies adopt artificial intelligence, NICE must continuously innovate to prevent its specialized tools from being commoditized by broader tech giants like Microsoft.
Twilio faces risks from its heavy reliance on Amazon for the infrastructure required to host its platform. If service costs rise or outages occur, Twilio's operations could suffer significantly. The company also faces intense competition from Salesforce, along with evolving global regulations regarding telecommunications and data privacy that could increase operating costs.
Valuation comparison
NICE appears to be the more conservatively valued option based on its low Forward P/E and P/S ratio. These metrics compare price to future earnings estimates and annual revenue.
Forward P/E
9.0x
38.3x
357.9x
P/S ratio
2.0x
6.5x
Sector benchmark uses the SPDR XLK sector ETF.
Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.
Which stock would I buy in 2026?
I'd go with NICE. Twilio's momentum in 2026 has been easy to get excited about, as its voice channel revenue has been accelerating for several consecutive quarters and the company is leaning into AI in ways that are starting to resonate with enterprise customers. The growth headline looks impressive.
But dig a little deeper and the picture gets murkier. A meaningful chunk of Twilio's reported revenue growth comes from carrier pass-through fees that don't add anything to gross profit. Strip those out, and the underlying organic growth rate is considerably more modest. The voice AI story is also still a relatively small piece of a business that remains largely dependent on lower-margin SMS messaging.
NICE, by contrast, is a profitable, well-run business with a decade of consistent execution behind it. Its cloud revenue is growing at a healthy pace, and its AI capabilities in customer experience are already embedded in enterprise workflows at scale.
When the growth story at Twilio turns out to be less robust than the headline suggests, I think NICE's steady profitability and proven cloud momentum become a lot more attractive.
Should you buy stock in Nice right now?
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Sara Appino has positions in Amazon. The Motley Fool has positions in and recommends Amazon, Microsoft, Nice, Salesforce, and Twilio. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

NICE vs. Twilio: Which Technology Stock Is a Better Buy in 2026?

Tuesday, July 14, 2026
The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Chevron Corp. (CVX), TotalEnergies SE (TTE) and Robinhood Markets, Inc. (HOOD), as well as two micro-cap stocks Oil-Dri Corporation of America (ODC) and Aeries Technology, Inc (AERT). The Zacks microcap research is unique as our research content on these small and under-the-radar companies is the only research of its type in the country.
These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.
You can see all of today’s research reports here >>>
Ahead of Wall Street
The daily 'Ahead of Wall Street' article is a must-read for all investors who would like to be ready for that day's trading action. The article comes out before the market opens, attempting to make sense of that morning's economic releases and how they will affect that day's market action. You can read this article for free on our home page and can actually sign up there to get an email notification as this article comes out each morning.
You can read today's AWS here >>> June CPI Goes Negative on Low Oil Prices, Banks Report for Q2
Today's Featured Research Reports
Shares of Chevron have gained +26.2% over the past year against the Zacks Oil and Gas - Integrated - International industry’s gain of +34.4%. The company remains well positioned for long-term growth, supported by its integrated business model, leverage to favorable crude prices, the Hess acquisition, disciplined capital allocation, reaffirmed production guidance, stronger refining operations, resilient LNG business, AI-driven power expansion through Project Kilby, and robust cash flow prospects from Tengizchevroil.
However, the company faces regulatory scrutiny, geopolitical uncertainty, operational disruptions in key international assets, a premium valuation, a Permian strategy prioritizing free cash flow over faster production growth, and significant capital spending that could pressure near-term cash flow and raise execution risks if commodity prices weaken. Hence, investors are advised to wait for a better entry point.
(You can read the full research report on Chevron here >>>)
TotalEnergies’ shares have gained +33.3% over the past year against the Zacks Oil and Gas - Refining and Marketing industry’s gain of +52.3%. The company’s production volume was impacted by the Middle East crisis, but its production outside the region and higher oil prices offset the impact. With tensions easing, the company will wait for conditions to stabilize before resuming operations in the region.
TotalEnergies is gaining from contributions coming from startups, acquired assets, well-spread LNG assets and assets located in the new hydrocarbon-producing regions. The company aims to generate 15-20% of sales from low-carbon business by 2040 and reduce emissions in the process.
Yet, TotalEnergies operates multiple assets globally, and in some regions, production might be impacted due to security concerns. It remains exposed to acquisition-related risks as these assets contribute a sizable volume to production.
(You can read the full research report on TotalEnergies here >>>)
Shares of Robinhood have gained +11.8% over the past year against the Zacks Financial - Investment Bank industry’s gain of +29.3%. The company is broadening beyond trading into a full retail finance platform, with banking, retirement, advisor tools, international access, tokenized assets, prediction markets and AI-enabled trading widening the path beyond U.S. retail trading cycles.
Active equities, options and crypto engagement, growing platform assets and controlled infrastructure such as Robinhood Chain and Rothera could deepen monetization and strengthen product economics. The company’s liquidity and repurchase authorization provide flexibility, but crypto trading remains cyclical.
Newer offerings like tokenized stocks, DeFi lending, event contracts and leveraged global products carry regulatory, liquidity and cybersecurity risk. Heavy spending, stock-based compensation, possible dilution and rich valuation cap upside.
(You can read the full research report on Robinhood here >>>)
Oil-Dri’s shares have outperformed the Zacks Chemical - Diversified industry over the past six months (+94.8% vs. +5.9%). This microcap company with a market capitalization of $1.54 billion has its investment case supported by diversified demand in Fluids Purification across food, renewable fuel and refining applications, reducing reliance on any single end market.
Growth is also being driven by an expanding portfolio of premium and specialty cat litter products, alongside improving Agriculture and Animal Health businesses, strengthening revenue diversification. Vertical integration, manufacturing investments and a healthy balance sheet support operational reliability, capacity expansion and continued shareholder returns.
However, key risks include persistent cost inflation and rising depreciation that may pressure margins, heavy capital requirements, competitive pricing in cat litter, uneven profitability in the B2B segment, customer concentration that can create revenue volatility, and the limited contribution of foreign operations to overall growth and earnings.
(You can read the full research report on Oil-Dri here >>>)
Shares of Aeries Technology have outperformed the Zacks Technology Services industry over the past six months (+60.5% vs. -7.1%). This microcap company with a market capitalization of $37.71 million is well-positioned to benefit from the rapidly expanding GCC market, where enterprise adoption and provider-supported GCC services are expected to grow at double-digit rates over the next several years.
Aeries Technology’s differentiated end-to-end platform spans strategy, center setup, operations, optimization and AI-led transformation, enabling deeper client relationships and multiple revenue opportunities across the GCC lifecycle. The company's specialization in serving private equity-backed portfolio companies creates repeat business opportunities. Recent customer wins, the launch of its proprietary A1 GCC platform and a healthy sales pipeline further support growth prospects.
However, risks include customer concentration following recent contract losses, liquidity constraints, intensifying competition and reliance on offshore delivery operations. The stock trades at a discount to industry peers on EV/sales.
(You can read the full research report on Aeries Technology here >>>)
Other noteworthy reports we are featuring today include Centene Corp. (CNC), Twilio Inc. (TWLO) and Akamai Technologies, Inc. (AKAM).
Mark Vickery
Senior Editor
Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>>
Today's Must Read
Featured Reports
Centene (CNC) Rides on Growing Premiums, Strategic Buyouts
Per the Zacks analyst, solid Medicaid business, contract wins and acquisitions continue to drive its premiums and subsequently, revenues. Mergers and acquisitions enhance capabilities.
Twilio (TWLO) Banks on Growing Active Customer Accounts
Per the Zacks analyst, Twilio's continued focus on introducing products as well as its go-to-market sales strategy is helping it grow its active customer accounts, which is driving top-line growth.
Akamai (AKAM) Rides on Solid Demand in Multiple Verticals
Per the Zacks analyst, strong demand for guardicore segmentation and API security solutions, combined with solid momentum in cloud infrastructure services, will likely drive Akamai's top line.
Invitation Homes (INVH) Gain on Scale, Growth Efforts Amid Supply Risk
Per the Zacks analyst, Invitation Homes gain from its scaled rental portfolio supported by strong demand, builder partnerships growth and technology initiatives. Yet supply pressures and expenses ail.
Broadridge (BR) Gains From Recurring Revenue Model, Amid High Rivalry
Per the Zacks analyst, a robust business model, backed by higher recurring fee revenues, boosts Broadridge's top line. High competition from other players is an overhang.
Service Center Unit Aids Applied Industrial (AIT), Costs Ail
Per the Zacks analyst, Applied Industrial's Service Center Based Distribution segment is driven by increase in demand for technical MRO services. However, high costs remain concerning for the company.
Valmont (VMI) Gains on Productivity Initiatives & Pricing Strength
Per the Zacks analyst, VMI benefits from reduced corporate expenses and cost savings resulting from restructuring efforts. Moreover, favorable pricing trends from supply constraints boost outlook.
New Upgrades
The New York Times (NYT) Gains From Digital & Multi-Platform Content
Per the Zacks analyst, The New York Times' technological advancements deepen audience engagement and extend reach. It has a multifaceted strategy to boost revenues, with its pay-and-read model.
AtaiBeckley (ATAI) Banks on Pipeline Targeting Mental Health Disorders
Per the Zacks analyst, AtaiBeckley's focus on developing mental health treatments, driven by promising pipeline progress, positions it for meaningful clinical value creation in the long term.
Strong Nursing Demand & Business Efforts aid American Public (APEI)
Per the Zacks analyst, American Public is gaining from robust demand in nursing and military programs, resulting in enrollment growth, alongside effective institutional combination efforts.
New Downgrades
Weak Commodity Prices & Rising Costs to Hurt Range Resources (RRC)
Per the Zacks analyst, commodity sensitivity, uncertain demand timing, rising costs, execution risks and weaker earnings estimates could limit RRC's cash flow and shareholder returns ahead.
Tractor Supply (TSCO) Faces Margin Pressure Amid Tariff Headwinds
Per the Zacks analyst, Tractor Supply faces soft rural demand, tariff-led cost pressure and cautious discretionary spending while high operating costs and earnings pressure cloud its near-term outlook
Baxter (BAX) Faces Margin Pressure Despite Core Business Growth
Per the Zacks analyst, Baxter is facing margin pressure in Pharma and Front Line Care segments amid rising costs and tariffs. However, core business continues to support top-line growth.
Beyond Nvidia: AI's Second Wave Is Here
The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.
See Stocks Now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Top Stock Reports for Chevron, TotalEnergies & Robinhood

The S&P 500 Index ($SPX) (SPY) today is up +0.19%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.11%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.03%. September E-mini S&P futures (ESU26) are up +0.19%, and September E-mini Nasdaq futures (NQU26) are up +0.04%.
Stock indexes are posting modest gains today, with the S&P 500 climbing to a 3-week high. Stocks are finding support from lower crude oil prices today, as geopolitical risks eased slightly. Discussions between the US and Iran on a peace agreement are expected to continue despite the hostilities this week, which led to a steep drop in traffic through the Strait of Hormuz. Gains in stocks are muted amid weakness in chipmakers and AI infrastructure stocks.
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The outlook for strong Q2 earnings, which will begin to be released next week, is a bullish factor for stocks. Forecasts compiled by Bloomberg Intelligence suggest Q2 earnings may increase by +23%, close to Q1’s blowout earnings of +30%, which was more than double the +12% analysts had expected. AI spending is expected to account for most of earnings, with AI infrastructure stocks set to contribute nearly 60% of the S&P 500's earnings-per-share growth in Q2.
WTI crude oil (CLQ26) is down -0.51% today after an American official said talks between the US and Iran over a permanent peace deal are continuing, as the US remains committed to a diplomatic solution with Iran despite this week's hostilities. Also, Al Jazeera reported today that Qatar said it supports all efforts to defuse US-Iran tensions. Losses in crude are limited after Iran vowed to respond to the US attacks this week on Iran’s rail and maritime infrastructure. On Wednesday, President Trump said the ceasefire with Iran is over, raising the prospect of persistent hostilities in the region that could disrupt energy supplies. The US on Tuesday also revoked the Iran oil waiver that allowed buyers to purchase and transport Iranian oil legally.
The markets are discounting a 24% chance of a +25 bp rate hike at the next FOMC meeting on July 28-29.
Overseas stock markets are mixed today. The Euro Stoxx 50 is down -0.14%. China's Shanghai Composite fell from a 1-week high and closed down -1.00%. Japan's Nikkei-225 Stock Average closed up +1.20%.
Interest Rates
September 10-year T-notes (ZNU6) today are up +1 tick, and the 10-year T-note yield is down -0.2 bp to 4.549%. T-notes are slightly higher today amid weakness in stocks, which boosted some safe-haven demand for T-notes. Also, bond dealer short covering is boosting T-note prices, as dealers have lifted short positions in T-notes to hedge this week’s new Treasury supply of $119 billion in T-notes and T-bonds.
European government bond yields are moving lower today. The 10-year German bund yield is down -1.2 bp to 3.072%. The 10-year UK gilt yield is down -1.5 bp to 4.882%.
Italy May industrial production fell -0.3% m/m, weaker than expectations of -0.2% m/m and the biggest decline in 4 months.
Swaps are discounting a 12% chance of a +25 bp ECB rate hike at its next policy meeting on July 23.
US Stock Movers
Chipmakers and AI infrastructure stocks are moving lower today, weighing on the overall market. The iShares Semiconductor ETF (SOXX) is down about -1%. Intel is down more than -3%, and Lam Research (LRCX), Marvell Technology (MRVL), ON Semiconductor (ON), KLA Corp (KLAC), and Applied Materials (AMAT) are down more than -2%. In addition, ASML Holding NV (ASML), Microchip Technology (MCHP), ARM Holdings Plc (ARM), NXP Semiconductors NV (NXPI), Analog Devices (ADI), Seagate Technology Holdings NV (STX), Western Digital (WDC), and Texas Instruments (TXN) are down more than -1%.
WD-40 Co (WDFC) is up more than +23% after boosting its full-year net sales forecast to $652 million to $667 million from a previous forecast of $630 million to $655 million.
EquipmentShare.com (EQPT) is up more than +17% after raising its full-year adjusted core Ebitda estimate to $1.95 billion to $2.06 billion from a previous estimate of $1.88 billion to $2.00 billion. The company also announced a $500 million share buyback program.
Jackson Financial (JXN) is up more than +10% after Jeffries upgraded the stock to buy from hold with a price target of $140.
Circle Internet Group (CRCL) is up more than +8% after receiving approval from the US Comptroller of the Currency to establish “First National Digital Currency Bank,” a national trust bank that will offer digital asset services.
Meta Platforms (META) is up more than +5% to lead gainers in the S&P 500 and Nasdaq 100 after research firm SemiAnalysis posted a positive report on the company’s AI compute business.
Weyerhaeuser (WY) is up more than +4% after Raymond James upgraded the stock to strong buy from outperform with a price target of $30.
Twilio (TWLO) is up more than +2% after Stifel upgraded the stock to buy from hold with a price target of $260.
Toll Brothers (TOL) is up more than +2% after Citigroup upgraded the stock to buy from neutral with a price target of $176.
Sensient Technologies (SXT) is down more than -4% after holder Freemont Capital announced the sale of as much as $237.7 million shares of Sensient via an unregistered block trade.
Netflix (NFLX) is down more than -3% after the Wall Street Journal reported on steps the company is considering to counter signs of declining subscriber engagement.
Delta Air Lines (DAL) is down more than -2% after reporting Q2 passenger revenue of $15.61 billion, below the consensus of $15.63 billion.
Earnings Reports(7/10/2026)
Delta Air Lines Inc (DAL), Frequency Electronics Inc (FEIM), Hingham Institution For Savings (HIFS).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
More news from Barchart
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks Supported by Lower Crude Prices as Geopolitical Risks Ease

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core S&P Mid-Cap ETF (Symbol: IJH) where we have detected an approximate $1.7 billion dollar outflow -- that's a 1.4% decrease week over week (from 1,636,150,000 to 1,613,650,000). Among the largest underlying components of IJH, in trading today Carpenter Technology Corp. (Symbol: CRS) is up about 1.1%, Twilio Inc (Symbol: TWLO) is up about 1.2%, and ATI Inc (Symbol: ATI) is up by about 0.3%. For a complete list of holdings, visit the IJH Holdings page » The chart below shows the one year price performance of IJH, versus its 200 day moving average:
Looking at the chart above, IJH's low point in its 52 week range is $61.29 per share, with $77.12 as the 52 week high point — that compares with a last trade of $76.87. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ».
Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Further IJH Research:
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Notable ETF Outflow Detected - IJH, CRS, TWLO, ATI

Key Points
Twilio's revenue and earnings growth rates are accelerating as its AI solutions encourage customers to spend more.
The stock has delivered solid gains this year, and it can still be bought at an attractive valuation.
Palantir Technologies is among the top vendors of artificial intelligence (AI) software solutions, and it has been witnessing phenomenal growth in revenue and earnings in recent quarters due to the healthy spending on its offerings by both commercial and government customers.
However, Palantir stock has retreated 33% so far in 2026, primarily due to concerns about its expensive valuation. On the other hand, shares of cloud communications platform provider Twilio (NYSE: TWLO) have jumped by 38% this year, as the demand for the company's AI-focused solutions is now driving stronger revenue and earnings growth.
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What's more, Twilio trades at a significantly cheaper valuation than Palantir. Let's look at the factors driving Twilio's growth and check why this AI stock is primed for more gains.
Twilio's AI products are encouraging its customers to spend more money
Twilio's cloud communications platform enables its clients to remain in touch with their customers through voice, text, chat, video, email, and other channels. The company's application programming interfaces (APIs) help customers integrate these communication channels into their applications.
Twilio's APIs have helped clients replace traditional contact centers with a cloud-based platform, reducing the costs and overhead of operating physical call centers. And now, Twilio is providing its clients with AI tools and solutions to enhance their customer service and drive stronger sales.
Twilio noted on its April earnings call that a digital marketing agency used its voice, messaging, and voice AI solutions to build an AI agent. The client witnessed a 39% increase in bookings in three months following the deployment of this agent, generating an additional $8.4 million in revenue. Not surprisingly, Twilio is now witnessing stronger spending by its clients, who can now gain better insights into customer behavior with the help of AI.
Using AI tools is helping Twilio customers increase product adoption, make appointments, reduce fraud attempts, and increase click rates, among other things. As a result, Twilio's dollar-based net expansion rate increased to 114% in the first quarter, up by seven percentage points from the year-ago period.
This metric compares Twilio's total revenue for the quarter to revenue from the same customer cohort in the year-ago period. A reading of more than 100% means that Twilio's existing customers have increased their adoption of its offerings or have increased the usage of its products. Getting more business from existing customers is ideal for Twilio's bottom line, as it won't have to spend additional money on customer acquisition.
This explains why Twilio's earnings per share increased by 31.5% year over year in Q1 to $1.50. That was well above the 20% jump in its top line to $1.41 billion. What's more, Twilio is now expecting stronger growth in 2026. It now expects revenue to increase by 14% to 15% in 2026 to $5.8 billion, up from the prior expectation of 12%. It is also expecting a stronger jump in both earnings and free cash flow.
However, don't be surprised to see Twilio increase its guidance further as the year progresses. That's because the integration of AI in cloud communications applications will boost its addressable market to $158 billion by 2028. It was earlier anticipating $119 billion in revenue from its core communications and data platform markets.
So, it is easy to see why analysts have been becoming bullish about Twilio's top-line growth prospects.
The attractive valuation and earnings growth prospects suggest more upside for investors
The improvement in Twilio's revenue growth and the company's ability to win more business from existing customers explain why analysts expect healthy, double-digit earnings growth.
It won't be surprising if it exceeds those expectations. But even if Twilio's earnings increase in line with consensus estimates and it trades at 34 times earnings after three years (in line with the tech-focused Nasdaq-100 index's earnings multiple), its stock price could reach $264 (based on the $7.77 earnings per share estimate seen in the above chart). That's a potential 37% jump from current levels.
Given that Twilio is trading at 34 times forward earnings, investors are getting a good deal on this growth stock. Also, its sales multiple of 5.7 is almost in line with the Nasdaq Composite index. So, investors looking to capitalize on the AI software market's growth can consider buying Twilio as it offers a nice mix of growth and value.
Should you buy stock in Twilio right now?
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Harsh Chauhan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Palantir Technologies and Twilio. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Meet the Artificial Intelligence (AI) Software Stock That's Quietly Outperforming Palantir Technologies in 2026 (Hint: It's Significantly Cheaper)

The S&P 500 Index ($SPX) (SPY) closed down -0.10%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.35%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.43%. September E-mini S&P futures (ESU26) fell -0.13%, and September E-mini Nasdaq futures (NQU26) fell -0.45%.
Stock indexes erased an early advance on Wednesday and settled mixed, with the S&P 500 and Nasdaq 100 falling to 1.5-week lows. Losses in chipmakers led the broader market lower on Wednesday, ahead of Micron Technology’s earnings results after Wednesday’s close to gauge whether artificial intelligence is living up to expectations. Micron Technology is one of the biggest beneficiaries of the soaring demand, as companies stand to gain from the billions of dollars being pumped into AI infrastructure, with the stock up more than 260% this year.
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Stocks initially opened higher on Wednesday on evidence of the vast amounts of capital flowing into the buildout of AI infrastructure and its supply chain. South Korea’s Kospi Stock Index closed up more than +3% on Wednesday after SK Hynix announced it was looking to raise 45.45 trillion won ($29 billion) in a US listing and intends to use the proceeds for building additional chip-making capacity.
Stocks also garnered support on Wednesday from falling crude prices, which lowered inflation expectations and knocked bond yields lower. WTI crude sank to a 3.5-month low on Wednesday, sparking a bond rally that pushed the 10-year T-note yield down by 10 bp to a 6-week low of 4.40%. The falling bond yields and crude oil prices sparked a rally in homebuilders and building suppliers, airlines, and cruise line operators.
On the negative side, today’s US economic news showed that May new home sales unexpectedly fell to a 4-month low. Also, mining stocks retreated on Wednesday as gold, silver, and copper prices plunged to multi-month lows, and energy producers slid as crude oil prices tumbled to a 3.5-month low. In addition, cryptocurrency-exposed stocks fell on Wednesday after Bitcoin (^BTCUSD) tumbled to a 20-month low.
WTI crude oil (CLQ26) extended recent declines on Wednesday and fell more than -3% at a 3.5-month low as more tankers openly cross the Strait of Hormuz, boosting global crude supplies. Vessels are transiting the waterway with their satellite signals switched on, indicating growing confidence among shipowners. Also, the International Maritime Organization said it had received guarantees allowing hundreds of ships to exit the Persian Gulf.
US MBA mortgage applications rose +1.0% in the week ended June 19, with the purchase mortgage sub-index down -0.6% and the refinancing mortgage sub-index up +3.0%. The average 30-year fixed rate mortgage fell -1 bp to 6.59% from 6.60% in the prior week.
The US Q1 current account deficit was -$225.8 billion, larger than the -$208.9 billion expected.
US May new home sales unexpectedly fell -7.3% m/m to a 4-month low of 580,000, weaker than expectations of an increase to 640,000.
The markets are discounting a 34% chance of a +25 bp rate hike at the next FOMC meeting on July 28-29.
Overseas stock markets are mixed today. The Euro Stoxx 50 slipped to a 1.5-week low and is down -0.39%. China's Shanghai Composite closed up +0.11%. Japan’s Nikkei-225 Stock Average fell to a 1-week low and closed down -0.88%.
Interest Rates
September 10-year T-notes (ZNU6) on Wednesday closed up +20 ticks, and the 10-year T-note yield fell -9.7 bp to 4.400%. Sep T-notes rallied to a 6-week high on Wednesday, and the 10-year T-note yield fell to a 6-week low of 4.398%. Wednesday’s -3% plunge in WTI crude oil to a 3.5-month low has lowered inflation expectations, a supportive factor for T-note prices. The 10-year breakeven inflation rate fell to a 14-month low of 2.176% on Wednesday. Gains in T-notes accelerated on Wednesday after US May new home sales unexpectedly fell to a 4-month low. T-notes maintained their gains on Wednesday amid signs of solid demand for the Treasury’s $70 billion auction of 5-year T-notes that had a bid-to-cover ratio of 2.35, right on the 10-auction average.
European government bond yields moved lower on Wednesday. The 10-year German bund yield fell to a 3.5-month low of 2.859% and finished down -5.5 bp to 2.865%. The 10-year UK gilt yield dropped to a 3-month low of 4.673% and finished down -7.0 bp to 4.684%.
The German Jun IFO business confidence index rose +0.6 to 85.6, stronger than expectations of 85.5.
ECB Executive Board member Isabel Schnabel said, "From today's perspective, we will need to continue raising interest rates in order to bring inflation back to our target of 2% in the medium term."
Swaps are discounting a 9% chance of a +25 bp ECB rate hike at its next policy meeting on July 23.
US Stock Movers
Chipmakers and AI infrastructure stocks retreated on Wednesday, weighing on the broader market. Seagate Technology Holdings (STX) and Western Digital (WDC) closed down more than -4%, and Qualcomm (QCOM) closed down more than -3%. Also, Sandisk (SNDK) and ARM Holdings Plc (ARM) closed down more than -2%, and NXP Semiconductors NV (NXPI), KLA Corp (KLAC), and ON Semiconductor (ON) closed down more than -1%.
Cryptocurrency-exposed stocks sold off on Wednesday as Bitcoin fell more than -3% to a 20-month low. Strategy (MSTR) closed down more than -9% to lead losers in the Nasdaq 100 and
Galaxy Digital Holdings (GLXY) closed down more than -8%. Also, Coinbase Global (COIN) closed down more than -5%, and MARA Holdings (MARA) and Riot Platforms (RIOT) closed down more than -4%.
Mining stocks fell on Wednesday, after gold, silver, and copper prices retreated. Anglogold Ashanti (AU) closed down more than -6%, and Coeur Mining (CDE) closed down more than -5%. Also, Barrick Mining (B) closed down more than -4%, and Freeport McMoRan (FCX), Southern Copper (SCCO), Hecla Mining (HL), and Newmont Corp (NEM) closed down more than -3%.
Energy producers and service providers were under pressure on Wednesday after WTI crude fell more than -3% to a 3.5-month low. Baker Hughes (BKR) and Halliburton (HAL) closed down more than -3%, and APA Corp (APA), ConocoPhillips (COP), SLB Limited (SLB), Diamondback Energy (FANG), Exxon Mobil (XOM), and Occidental Petroleum (OXY) closed down more than -2%. Also, Chevron (CVX) closed down more than -2% to lead losers in the Dow Jones industrials. In addition, Devon Energy (DVN) and Phillips 66 (PSX) closed down more than 1%.
Homebuilders and building suppliers rallied on Wednesday on strong earnings from KB Home and on the 10-year T-note yield falling to a 6-week low of 4.40%, a supportive factor for housing demand. KB Home (KBH) closed up more than +16%, and Builders Firstsource (BLDR) closed up more than +11% to lead gainers in the S&P 500. Also, Lennar (LEN), DR Horton (DHI), Pulte Group (PHM), and Toll Brothers (TOL) closed up more than +6%. In addition, Home Depot (HD) closed up more than +5% to lead gainers in the Dow Jones industrials.
Airline stocks and cruise line operators moved higher as Wednesday’s -3% plunge in crude oil to a 3.5-month low reduced fuel costs and boosted the companies’ profitability prospects. United Airlines Holdings (UAL) and American Airlines Group (AAL) closed up more than +7%, and Alaska Air Group (ALK) and Delta Air Lines (DAL) closed up more than +4%. Also, Royal Caribbean Cruises (RCL), Norwegian Cruise Line Holdings (NCLH), and Southwest Airlines (LUV) closed up more than +3%.
Travel stocks soared on Wednesday as crude oil prices plunged to a 3.5-month low, lowering fuel costs and boosting travel prospects. MakeMyTrip Ltd (MMYT) closed up more than +11%, and Booking Holdings (BKNG) closed up more than +7%. Also, Expedia Group (EXPE) closed up more than +6%, and Airbnb (ABNB) and TripAdvisor (TRIP) closed up more than +4%.
Cerebras Systems (CBRS) closed down by more than -19% after its annual sales forecast missed high investor expectations.
Flowserve (FLS) closed down more than -8% after TD Cowen downgraded the stock to hold from buy with a price target of $70.
Principal Financial Group (PFG) closed down more than -4% after Bank of America Global Research downgraded the stock to underperform from neutral with a price target of $95.
Terex Corp (TEX) closed up more than +3% after D.A. Davidson initiated coverage on the stock with a buy recommendation and a price target of $81.
Twilio Inc (TWLO) is up more than +2% after Goldman Sachs initiated coverage on the stock with a buy recommendation and a price target of $300.
Earnings Reports(6/25/2026)
Acuity Inc (AYI), Darden Restaurants Inc (DRI), FedEx Freight Holding Co Inc (FDXF), McCormick & Co Inc/MD (MKC), TD SYNNEX Corp (SNX).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
More news from Barchart
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks Settle Mixed as Tech Weakness Weighs on the Broader Market

The S&P 500 Index ($SPX) (SPY) today is up +0.72%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.82%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.50%. September E-mini S&P futures (ESU26) are up +0.56%, and September E-mini Nasdaq futures (NQU26) are up +0.33%.
Stock indexes are climbing today, as the market recovers some of Tuesday’s sharp selloff, with investors looking ahead to Micron Technology’s earnings results after today’s close to gauge whether artificial intelligence is living up to expectations. Micron Technology is one of the biggest beneficiaries of the soaring demand, as companies stand to gain from the billions of dollars being pumped into AI infrastructure, with the stock up more than 260% this year.
Join 200K+ Subscribers: Find out why the midday Barchart Brief newsletter is a must-read for thousands daily.
Evidence of the vast amounts of capital flowing into the buildout of AI infrastructure and its supply chain is supporting stock prices. South Korea’s Kospi Stock Index closed up more than +3% today after SK Hynix announced it was looking to raise 45.45 trillion won ($29 billion) in a US listing and intends to use the proceeds for building additional chip-making capacity.
Homebuilders and building suppliers are climbing today after Congress passed the 21st Century Road to Housing Act. Also, airlines and cruise line operators are moving higher, with today’s fall in crude oil prices to a 3.5-month low. On the negative side, today’s US economic news showed that May new home sales unexpectedly fell to a 4-month low. Also, mining stocks are retreating today as gold, silver, and copper prices plunge to multi-month lows, and energy producers are sliding as crude oil prices tumbled to a 3.5-month low.
WTI crude extended recent declines today, which lowers inflation expectations and bond yields and is bullish for stocks. Crude prices (CLQ26) are down more than -4% at a 3.5-month low today as more tankers openly cross the Strait of Hormuz, boosting global crude supplies. Vessels are transiting the waterway with their satellite signals switched on, indicating growing confidence among shipowners. Also, the International Maritime Organization said it had received guarantees allowing hundreds of ships to exit the Persian Gulf. The slump in crude oil prices has knocked the 10-year T-note yield down by -8 bp today to a 6-week low of 4.41%, a positive factor for stocks.
US MBA mortgage applications rose +1.0% in the week ended June 19, with the purchase mortgage sub-index down -0.6% and the refinancing mortgage sub-index up +3.0%. The average 30-year fixed rate mortgage fell -1 bp to 6.59% from 6.60% in the prior week.
The US Q1 current account deficit was -$225.8 billion, larger than the -$208.9 billion expected.
US May new home sales unexpectedly fell -7.3% m/m to a 4-month low of 580,000, weaker than expectations of an increase to 640,000.
The markets are discounting a 32% chance of a +25 bp rate hike at the next FOMC meeting on July 28-29.
Overseas stock markets are mixed today. The Euro Stoxx 50 slipped to a 1.5-week low and is down -0.39%. China's Shanghai Composite closed up +0.11%. Japan’s Nikkei-225 Stock Average fell to a 1-week low and closed down -0.88%.
Interest Rates
September 10-year T-notes (ZNU6) today are up +17 ticks, and the 10-year T-note yield is down -9.0 bp to 4.060%. T-notes are moving higher today, with the 10-year T-note yield falling to a 6-week low of 4.406%. Today’s -4% plunge in WTI crude oil to a 3.5-month low has lowered inflation expectations, a supportive factor for T-note prices. The 10-year breakeven inflation rate fell to a 14-month low of 2.176% today. Gains in T-notes accelerated today after US May new home sales unexpectedly fell to a 4-month low. Supply pressures are limiting gains in T-notes, as the Treasury will auction $28 billion of 2-year floating-rate notes and $70 billion of 5-year T-notes later today.
European government bond yields are moving lower today. The 10-year German bund yield fell to a 3.5-month low of 2.862% and is down -5.7 bp to 2.863%. The 10-year UK gilt yield dropped to a 3-month low of 4.673% and is down -7.8 bp to 4.676%.
The German Jun IFO business confidence index rose +0.6 to 85.6, stronger than expectations of 85.5.
Swaps are discounting a 7% chance of a +25 bp ECB rate hike at its next policy meeting on July 23.
US Stock Movers
Homebuilders and building suppliers are climbing today after Congress passed the 21st Century Road to Housing Act. KB Home (KBH) is up more than +16%, and Builders Firstsource (BLDR) is up more than +11% to lead gainers in the S&P 500. Also, Lennar (LEN), DR Horton (DHI), Pulte Group (PHM), and Toll Brothers (TOL) are up more than +7%. In addition, Home Depot (HD) is up more than +4% to lead gainers in the Dow Jones industrials.
Airline stocks and cruise line operators are moving higher as today’s -4% plunge in crude oil to a 3.5-month low reduces fuel costs and boosts the companies’ profitability prospects. Alaska Air Group (ALK) is up more than +7%, and United Airlines Holdings (UAL) and American Airlines Group (AAL) are up more than +6%. Also, Royal Caribbean Cruises (RCL) is up more than +5%, and Delta Air Lines (DAL) is up more than +4%. In addition, Carnival (CCL), Norwegian Cruise Line Holdings (NCLH), and Southwest Airlines (LUV) are up more than +3%.
Travel stocks are soaring today as crude oil prices plunge to a 3.5-month low, lowering fuel costs and boosting travel prospects. MakeMyTrip Ltd (MMYT) is up more than +10%, and Expedia Group (EXPE) is up more than +9%. Also, Booking Holdings (BKNG) is up more than +8%, and Airbnb (ABNB) and TripAdvisor (TRIP) are up more than +4%.
Mining stocks are falling today, as gold, silver, and copper prices retreat. Anglogold Ashanti (AU) is down more than -6%, and Barrick Mining (B) and Coeur Mining (CDE) are down more than -4%. Also, Freeport McMoRan (FCX), Southern Copper (SCCO), Hecla Mining (HL), and Newmont Corp (NEM) are down more than -3%.
Energy producers and service providers are under pressure today, with WTI crude down more than 4% to a 3.5-month low. Baker Hughes (BKR) is down more than -5%, and Haliburton (HAL) is down more than -4%. Also, APA Corp (APA), ConocoPhillips (COP), and SLB Limited (SLB) are down more than -3%, and Devon Energy (DVN), Diamondback Energy (FANG), Exxon Mobil (XOM), and Occidental Petroleum (OXY) are down more than -2%. In addition, Chevron (CVX) is down more than -2% to lead losers in the Dow Jones industrials. Finally, Marathon Petroleum (MPC), Phillips 66 (PSX), and Valero Energy (VLO) are down more than 1%.
Twilio Inc (TWLO) is up more than +3% after Goldman Sachs initiated coverage on the stock with a buy recommendation and a price target of $300.
Honeywell Aerospace (HONAV) is up more than +3% after S&P Dow Jones Indices announced that the company will replace Conagra Brands in the S&P 500 before the opening of trading on Tuesday, June 30.
Terex Corp (TEX) is up more than +3% after D.A. Davidson initiated coverage on the stock with a buy recommendation and a price target of $81.
FuelCell Energy (FCEL) is up more than +1% after announcing it had reached an agreement with Fit Energy to supply 380 megawatts of clean on-site power for data centers using FuelCell Energy’s technology.
Cerebras Systems (CBRS) is down by more than -15% after its annual sales forecast missed high investor expectations.
Flowserve (FLS) is down more than -7% after TD Cowen downgraded the stock to hold from buy with a price target of $70.
Principal Financial Group (PFG) is down more than -4% after Bank of America Global Research downgraded the stock to underperform from neutral with a price target of $95.
FedEx Corp (FDX) is down more than -1% on disappointment in its first earnings report since completing the spin-off of its freight unit earlier this month.
Earnings Reports(6/24/2026)
Daktronics Inc (DAKT), HB Fuller Co (FUL), Immersion Corp (IMMR), Jefferies Financial Group Inc (JEF), Methode Electronics Inc (MEI), Micron Technology Inc (MU), Millerknoll Inc (MLKN), Novagold Resources Inc (NG), Paychex Inc (PAYX), Worthington Steel Inc (WS).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
More news from Barchart
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks Rally as Falling Crude Prices Knock Bond Yields Lower

The S&P 500 Index ($SPX) (SPY) today is up +0.12%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.21%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.06%. September E-mini S&P futures (ESU26) are up +0.14%, and September E-mini Nasdaq futures (NQU26) are up +0.10%.
Stock indexes are climbing today, as the market recovers some of Tuesday’s sharp selloff, with investors looking ahead to Micron Technology’s earnings results after today’s close to gauge whether artificial intelligence is living up to expectations. Micron Technology is one of the biggest beneficiaries of the soaring demand, as companies stand to gain from the billions of dollars being pumped into AI infrastructure, with the stock up more than 260% this year.
Join 200K+ Subscribers: Find out why the midday Barchart Brief newsletter is a must-read for thousands daily.
Evidence of the vast amounts of capital flowing into the buildout of AI infrastructure and its supply chain is supporting stock prices. South Korea’s Kospi Stock Index closed up more than +3% today after SK Hynix announced it was looking to raise 45.45 trillion won ($29 billion) in a US listing and intends to use the proceeds for building additional chip-making capacity.
Homebuilders and building suppliers are climbing today after Congress passed the 21st Century Road to Housing Act. Also, airlines and cruise line operators are moving higher, with today’s fall in crude oil prices to a 3.5-month low. On the negative side, mining stocks are retreating today as gold, silver, and copper prices plunge to multi-month lows.
WTI crude extended recent declines today, which lowers inflation expectations and bond yields and is bullish for stocks. Crude prices (CLQ26) are down more than -3% at a 3.5-month low today as more tankers openly cross the Strait of Hormuz, boosting global crude supplies. Vessels are transiting the waterway with their satellite signals switched on, indicating growing confidence among shipowners. Also, the International Maritime Organization said it had received guarantees allowing hundreds of ships to exit the Persian Gulf. The slump in crude oil prices has knocked the 10-year T-note yield down by -7 bp today to 4.42%, a positive factor for stocks.
US MBA mortgage applications rose +1.0% in the week ended June 19, with the purchase mortgage sub-index down -0.6% and the refinancing mortgage sub-index up +3.0%. The average 30-year fixed rate mortgage fell -1 bp to 6.59% from 6.60% in the prior week.
The US Q1 current account deficit was -$225.8 billion, larger than expectations of -$208.9 billion.
The markets are discounting a 34% chance of a +25 bp rate hike at the next FOMC meeting on July 28-29.
Overseas stock markets are mixed today. The Euro Stoxx 50 slipped to a 1.5-week low and is down -0.42%. China's Shanghai Composite closed up +0.11%. Japan’s Nikkei-225 Stock Average fell to a 1-weeklow and closed down -0.88%.
Interest Rates
September 10-year T-notes (ZNU6) today are up +12 ticks, and the 10-year T-note yield is down -7.5 bp to 4.422%. T-notes are moving higher today amid weakness in crude oil prices, which eases inflation expectations. WTI crude is down more than -3% at a 3.5-month low today, helping push the 10-year breakeven inflation rate to a 14-month low of 2.176%. Supply pressures are limiting gains in T-notes, as the Treasury will auction $28 billion of 2-year floating-rate notes and $70 billion of 5-year T-notes later today.
European government bond yields are moving lower today. The 10-year German bund yield fell to a 3-month low of 2.877% and is down -4.2 bp to 2.878%. The 10-year UK gilt yield dropped to a 2.5-month low of 4.704% and is down -4.9 bp to 4.705%.
The German Jun IFO business confidence index rose +0.6 to 85.6, stronger than expectations of 85.5.
Swaps are discounting a 7% chance of a +25 bp ECB rate hike at its next policy meeting on July 23.
US Stock Movers
Homebuilders and building suppliers are climbing today after Congress passed the 21st Century Road to Housing Act. KB Home (KBH) is up more than +16%, and Builders Firstsource (BLDR) is up more than +9% to lead gainers in the S&P 500. Also, Lennar (LEN), DR Horton (DHI), Pulte Group (PHM), and Toll Brothers (TOL) are up more than +6%. In addition, Home Depot (HD) is up more than +3% to lead gainers in the Dow Jones industrials.
Airline stocks and cruise line operators are moving higher as today’s -3% plunge in crude oil to a 3.5-month low reduces fuel costs and boosts the companies’ profitability prospects. United Airlines Holdings (UAL), American Airlines Group (AAL), Carnival (CCL), and Royal Caribbean Cruises (RCL) are up more than +4%, and Alaska Air Group (ALK) and Norwegian Cruise Line Holdings (NCLH) are up more than +3%. Also, Delta Air Lines (DAL) and Southwest Airlines (LUV) are up more than +2%.
Mining stocks are falling today, as gold, silver, and copper prices retreat. Anglogold Ashanti (AU) is down more than -5%, and Freeport McMoRan (FCX) is down more than -4%. Also, Coeur Mining (CDE), Southern Copper (SCCO), Barrick Mining (B), and Hecla Mining (HL) are down more than -3%. In addition, Newmont Corp (NEM) is down more than -2%.
FuelCell Energy (FCEL) is up more than +5% after announcing it had reached an agreement with Fit Energy to supply 380 megawatts of clean on-site power for data centers using FuelCell Energy’s technology.
Twilio Inc (TWLO) is up more than +4% after Goldman Sachs initiated coverage on the stock with a buy recommendation and a price target of $300.
Honeywell Aerospace (HONAV) is up more than +3% after S&P Dow Jones Indices announced that the company will replace Conagra Brands in the S&P 500 before the opening of trading on Tuesday, June 30.
Terex Corp (TEX) is up more than +2% after D.A. Davidson initiated coverage on the stock with a buy recommendation and a price target of $81.
Cerebras Systems (CBRS) is down by more than 14% after its annual sales forecast missed high investor expectations.
Principal Financial Group (PFG) is down more than -4% after Bank of America Global Research downgraded the stock to underperform from neutral with a price target of $95.
Flowserve (FLS) is down more than -4% after TD Cowen downgraded the stock to hold from buy with a price target of $70.
FedEx Corp (FDX) is down more than -2% on disappointment in its first earnings report since completing the spin-off of its freight unit earlier this month.
Earnings Reports(6/24/2026)
Daktronics Inc (DAKT), HB Fuller Co (FUL), Immersion Corp (IMMR), Jefferies Financial Group Inc (JEF), Methode Electronics Inc (MEI), Micron Technology Inc (MU), Millerknoll Inc (MLKN), Novagold Resources Inc (NG), Paychex Inc (PAYX), Worthington Steel Inc (WS).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.