Woofun AI reports that JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, and Goldman Sachs will release second-quarter earnings on Tuesday, with Morgan Stanley following on Wednesday. Market expectations indicate revenue growth from investment banking and trading activities, attributed to the SpaceX IPO, increased M&A activity, and market volatility linked to the Iran situation.

In pre-market trading, semiconductor equipment and storage sectors declined, with KLAC down 3.7% and SanDisk and Western Digital falling over 5%. Precious metals also dropped, with gold down 1.32% and silver down 2.23%. Oil prices rose, with WTI crude up 3.35% and Brent crude up 3.53%. MicroStrategy did not increase its Bitcoin holdings last week, selling 4.82 million shares to raise $467 million. Bitmine increased its Ethereum holdings by 27,801 coins, bringing total staking to 4.917 million coins with expected annual income of $242 million.