Expo News Today — August 1, 2026
The S&P 500 is making a change by adding this little-known industrial stock and more — today's expo signal.
The markets are navigating a complex landscape of global events and corporate developments. Geopolitical tensions are on the rise, with Iran's reported attack on two tankers transiting the Strait of Hormuz leading to an increase in oil prices. Meanwhile, the US is embroiled in discussions around military aid to Ukraine, with former President Trump stating that the country has not been granted licenses for Patriot missiles.
In the corporate world, the S&P 500 is set to undergo a change with the addition of a lesser-known industrial stock, while tech giant Apple is facing challenges with a memory crunch, a development that has been described as a rare misstep for CEO Tim Cook, who has typically been adept at managing supply chains. Elsewhere, a 34-year-old CEO who bet on AI video technology five years before the emergence of ChatGPT has secured investment from Mark Cuban, highlighting the ongoing interest in innovative tech startups. As the day unfolds, market participants will be keeping a close eye on these developments, along with other key trends and stocks, as highlighted in Jim Cramer's top 10 things to watch in the market.
Today's signal:
• The S&P 500 is making a change by adding this little-known industrial stock (marketwatch.com)
• Supply-chain legend Tim Cook finally meets his match with Apple’s memory crunch (marketwatch.com)
• Trump says U.S. has 'not agreed to' grant Ukraine Patriot missile licenses (cnbc.com)
• Oil prices rise after Iran says it attacked two tankers transiting Strait of Hormuz (cnbc.com)
• Jim Cramer's top 10 things to watch in the stock market Friday (cnbc.com)
• 34-year-old CEO bet on AI video 5 years before ChatGPT—convincing Mark Cuban to invest was the easy part (cnbc.com)