{"id":64729,"date":"2026-07-13T17:07:13","date_gmt":"2026-07-13T21:07:13","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/tech-and-ai-sectors-edge-higher-as-earnings-season-kicks-off\/64729\/"},"modified":"2026-07-13T17:07:13","modified_gmt":"2026-07-13T21:07:13","slug":"tech-and-ai-sectors-edge-higher-as-earnings-season-kicks-off","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/tech-and-ai-sectors-edge-higher-as-earnings-season-kicks-off\/64729\/","title":{"rendered":"Tech and AI Sectors Edge Higher as Earnings Season Kicks Off"},"content":{"rendered":"<p>The U.S. stock market exhibited a cautious but focused tone on Monday, July 13th, 2026, as investors braced for the unofficial start of the second-quarter earnings season. While the major averages saw marginal declines during the session, specific pockets of the market\u2014particularly those tied to Artificial Intelligence and Quantum computing\u2014showed notable strength. Market participants are currently balancing optimism regarding technological innovation against a backdrop of high interest rates and the anticipation of critical bank earnings scheduled for later this week.<\/p>\n<h2>Major Index Performance Recap<\/h2>\n<p>The major market indexes traded in a narrow range today, largely consolidating recent gains. The State Street SPDR <a href=\"https:\/\/stockmarketwatch.com\/indices\/sp500\/today\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&amp;P 500<\/a> ETF Trust (<a href=\"\/stock\/SPY\">SPY<\/a>), which tracks the broader market, slipped by 0.1%. Similarly, the tech-heavy Invesco QQQ Trust (<a href=\"\/stock\/QQQ\">QQQ<\/a>) edged lower by 0.06%, while the blue-chip State Street SPDR <a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average ETF Trust (<a href=\"\/stock\/DIA\">DIA<\/a>) showed a slight decline of 0.05%. Small-cap stocks faced more significant pressure, with the iShares Russell 2000 ETF (<a href=\"\/stock\/IWM\">IWM<\/a>) falling 0.18%, suggesting that investors are still favoring larger, more liquid balance sheets in the current rate environment.<\/p>\n<p>Despite the slight pullback in the headline indexes, the iShares A.I. Innovation and Tech Active ETF (<a href=\"\/stock\/BAI\">BAI<\/a>) surged 1.63%, and the Defiance Quantum ETF (<a href=\"\/stock\/QTUM\">QTUM<\/a>) rose 1.32%. This divergence highlights a continued &quot;risk-on&quot; appetite for specialized technology themes even as the broader market pauses.<\/p>\n<h2>Corporate News and Market Movers<\/h2>\n<p>In individual stock news, <a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> Corp (<a href=\"\/stock\/NVDA\">NVDA<\/a>) remained a central focus for traders, though the stock saw a modest decline of 1.1% during the session. <a href=\"https:\/\/stockmarketwatch.com\/stock\/MU\" data-internallinksmanager029f6b8e52c=\"20\" title=\"Stock: MU\">Micron<\/a> Technology, Inc. (<a href=\"\/stock\/MU\">MU<\/a>) experienced a sharper pullback of 5.0%, and <a href=\"https:\/\/stockmarketwatch.com\/stock\/SNDK\" data-internallinksmanager029f6b8e52c=\"19\" title=\"Stock: SNDK\">Sandisk<\/a> Corporation (<a href=\"\/stock\/SNDK\">SNDK<\/a>) fell 6.4%, indicating some profit-taking in the semiconductor space ahead of upcoming industry reports.<\/p>\n<p>The <a href=\"https:\/\/stockmarketwatch.com\/movers\/premarket\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Premarket Movers\">premarket<\/a> and active sessions saw explosive moves in several smaller names. Twin Vee PowerCats Co. (<a href=\"\/stock\/VEEE\">VEEE<\/a>) skyrocketed by 151.8%, while Q32 Bio Inc. (<a href=\"\/stock\/QTTB\">QTTB<\/a>) gained 63.5%. Agenus Inc. (<a href=\"\/stock\/AGEN\">AGEN<\/a>) also saw significant interest, rising 61.6% on high volume. Conversely, Tutor Perini Corporation (<a href=\"\/stock\/TPC\">TPC<\/a>) and Equity Bancshares, Inc. (<a href=\"\/stock\/EQBK\">EQBK<\/a>) were among the day&#39;s notable laggards, falling 77.0% and 59.9% respectively.<\/p>\n<h2>Earnings and Upcoming Events<\/h2>\n<p>The earnings calendar is beginning to heat up. Before the opening bell today, Fastenal Co (<a href=\"\/stock\/FAST\">FAST<\/a>) reported its Q2 2026 results. After the market close, attention shifts to FB Financial Corporation (<a href=\"\/stock\/FBK\">FBK<\/a>), which is expected to provide insights into the health of regional lending.<\/p>\n<p>However, the most significant catalysts are slated for Tuesday, July 14th. The market will receive a wave of results from the banking giants, which often serve as a bellwether for the broader economy. Key reports expected tomorrow morning include JPMorgan Chase &amp; Co. (<a href=\"\/stock\/JPM\">JPM<\/a>), Bank of America Corporation (<a href=\"\/stock\/BAC\">BAC<\/a>), Goldman Sachs Group Inc. (<a href=\"\/stock\/GS\">GS<\/a>), Wells Fargo &amp; Co. (<a href=\"\/stock\/WFC\">WFC<\/a>), and Citigroup Inc. (<a href=\"\/stock\/C\">C<\/a>). These financial institutions will provide crucial data on net interest margins and consumer credit health.<\/p>\n<p>Later in the week, the tech sector will take center stage again with highly anticipated results from ASML Holding NV (<a href=\"\/stock\/ASML\">ASML<\/a>) on Wednesday and Taiwan Semiconductor Manufacturing Company Ltd. (<a href=\"\/stock\/TSM\">TSM<\/a>) and NetFlix Inc (<a href=\"\/stock\/NFLX\">NFLX<\/a>) on Thursday.<\/p>\n<h2>Economic Outlook<\/h2>\n<p>In the fixed-income market, the iShares 20+ Year Treasury Bond ETF (<a href=\"\/stock\/TLT\">TLT<\/a>) fell 0.06%, reflecting a slight uptick in long-term yields. Commodities showed mixed results; the United States Oil Fund (<a href=\"\/stock\/USO\">USO<\/a>) rose 0.52% as energy prices stabilized, while the SPDR <a href=\"https:\/\/stockmarketwatch.com\/metal\/gold\" data-internallinksmanager029f6b8e52c=\"4\" title=\"gold price today\">Gold<\/a> Trust (<a href=\"\/stock\/GLD\">GLD<\/a>) remained nearly flat with a 0.04% dip. Investors remain highly attuned to any signals from the Federal Reserve regarding the future path of inflation and potential rate adjustments, particularly as the new batch of corporate data begins to reveal the impact of sustained high borrowing costs on corporate profitability.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. stock market exhibited a cautious but focused tone on Monday, July 13th, 2026, as investors braced for the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50312,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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