Dollar trims losses following US inflation data

In the second half of the year, if the Federal Reserve initiates actual rate cuts before year-end, and Microsoft improves its internal metrics—such as maintaining Azure's revenue growth rate above 38% and achieving a higher-than-expected corporate conversion rate for Copilot—it will help its stock price break through the upper resistance of its trading range and potentially challenge its historical high of $550. However, if Microsoft’s AI monetization stalls significantly, particularly in the event of a Federal Reserve rate hike, the company may fail to hold its key line of defense and head toward the next critical support level at $200.

TradingKey - Levi Strauss (LEVI) trades near a 52-week high ahead of Q2 earnings. Analysts target $27.54 as investors watch margins, tariffs, and guidance.

TradingKey - In the coming week, global capital markets will face a liquidity shock following the long Independence Day holiday. SpaceX (SPCX), the protagonist of the IPO of the century, will be officially included in the Nasdaq 100 Index on Tuesday, potentially triggering a major reshuffle of hundreds of billions in passive funds. On the macroeconomic front, the Federal Reserve will release the minutes of its June monetary policy meeting, chaired by its new Chairman, Kevin Warsh. Meanwhile, the second-quarter US earnings season is about to kick off, with consumer giant PepsiCo (PEP) and aviation hub Delta Air Lines (DAL) among the first to report.

TradingKey - PepsiCo (PEP) rebounds near $143 ahead of Q2 earnings. Analysts remain divided as stronger snack volumes and a 4% dividend hike support recovery.

TradingKey - In the 2026 AI sector, the most wild valuation stories come not only from Anthropic and OpenAI, but also from Reflection AI, an open-source AI startup founded just two years ago.