The Week Ahead: SpaceX Joins Nasdaq 100 as Earnings Season Kicks Off

05-Jul-2026 CoinCentral

TLDR

  • SpaceX is set to join the Nasdaq 100 index on Tuesday, July 8, after a volatile start since its June IPO
  • Wall Street analyst quiet period ends this week, allowing first research reports on SpaceX to be published
  • PepsiCo and Delta Air Lines report Q2 earnings, with consumers and fuel costs in focus
  • The Federal Reserve releases minutes from its June meeting on Wednesday, with rate hike signals expected
  • The Allen & Company Sun Valley Conference brings together top tech and media executives this week

PepsiCo cut prices this winter after inflation pushed consumers away from full-price items. Delta called demand “really great” in March but raised prices as costs climbed. Both reports will give investors a clearer picture of how consumers are holding up.

Federal Reserve Minutes in Focus

The Fed releases minutes from its June meeting on Wednesday at 2 p.m. ET. At that meeting, half of committee members said they expected a rate hike before year-end. New Fed Chair Kevin Warsh has been described as hawkish, and investors are looking for more detail on the committee’s thinking.

Source: Forex Factory

Weekly jobless claims and the New York Fed’s consumer inflation expectations survey will also be released. Last week’s jobs data came in softer than expected, which eased some rate hike concerns.

Levi Strauss reports its fiscal second-quarter results on Wednesday. The retailer beat expectations last quarter and raised its outlook. Executives credited a shift toward direct-to-consumer sales and a bigger focus on non-denim products.

Costco will also release its closely watched monthly sales figures this week.

SpaceX Enters the Nasdaq 100

SpaceX joins the Nasdaq 100 before Tuesday’s opening bell. The index tracks the 100 largest non-financial companies on the Nasdaq exchange and is used as a benchmark by many institutional funds. Inclusion is expected to drive additional demand for the stock as index-tracking funds buy in.

SpaceX shares have been volatile since the company went public on June 12. The stock opened at a lower price, climbed past $225 briefly — at one point making SpaceX more valuable than Amazon — and then dipped as low as $147. It closed last week at $162. Analysts do not expect the volatility to settle soon.

This week also marks the end of the Wall Street analyst quiet period following SpaceX’s IPO. Firms can now publish their first research reports on the company. Those ratings could move the stock.

The Allen & Company Sun Valley Conference begins this week. Executives from Apple, Amazon, Meta, Google, Netflix, Disney, and Warner Bros. Discovery are expected to attend. The Raise Summit AI conference in Paris will run at the same time, featuring leaders from Google, Broadcom, Anthropic, and OpenAI.

The three major U.S. stock indexes finished the second quarter with double-digit gains. Last week was a shortened holiday week, and all three indexes ended in positive territory.

E-Mini S&P 500 Sep 26 (ES=F)
E-Mini S&P 500 Sep 26 (ES=F)

The post The Week Ahead: SpaceX Joins Nasdaq 100 as Earnings Season Kicks Off appeared first on CoinCentral.

Also read: Nearly 1 Million Trump Coin Investors Lost $3.8 Billion, While Trump Made $1.4 Billion
WHAT'S YOUR OPINION?
Related News