Good morning and welcome to Markets Desk, your Monday open.
U.S. stock futures are pointing higher as Wall Street returns from the Fourth of July holiday weekend, building on last week's momentum. Investors are coming back to their desks in a constructive mood, with index futures in positive territory ahead of the cash open, suggesting the recent rally has room to run into the holiday-shortened trading week.
Shifting to a single name worth watching, Netflix heads into its earnings report on July sixteenth with a compelling setup. The streaming giant's advertising tier has emerged as a genuine growth engine, and analysts are keying in on management's commentary around ad revenue trajectory and demand from brand partners. With the stock already up sharply this year, the print could either validate the premium or reset expectations quickly.
And on a story that blurs the line between private markets and public imagination, SpaceX's valuation has crossed one trillion dollars following a funding round that raised more than eighty-five billion. The company remains private, but the sheer scale of that raise is reshaping how institutional investors think about late-stage private exposure and what a future liquidity event might look like for those already holding positions.
That's the tape. Markets Desk, signing off the floor.
