5 things to know before the stock market opens Tuesday, July 30

Here are five important things investors should know before starting the trading day.

of S&P 500 and Nasdaq Composite Index Stocks were up slightly on Monday as the busiest week of earnings season began: The Composite Index rose 0.08% to close at 5,463.54, while the Nasdaq Composite Index rose 0.07% to close at 17,370.20. Dow Jones Industrial AverageMeanwhile, it fell 0.12% to close at 40,539.93. Microsoft, Meta Platform, apple and Amazon All are due to report quarterly earnings after the release, and their results will help shed light on whether big tech stocks can recover from last week’s losses. Live Market Updates.

The first version of Apple Intelligence has been released. On Monday, Apple iOS 18.1 Developer Betais currently only available to registered Apple developers. The company’s developer program costs $99 per year. To access it, you’ll need to join the waitlist in the Settings app after updating. Apple Intelligence is expected to be available to the public later this year, but the 18.1 version suggests it won’t be released at the same time as the new iPhone models that are expected to feature iOS 18. The company also said on Monday that the AI ​​models used in the system are Pre-trained on a Google-designed chipThis indicates that businesses are looking for alternatives to Nvidia.

Delta Airlines teeth Seek compensation Delta Air Lines has hired attorney David Boies to seek damages from both CrowdStrike and Microsoft following this month’s CrowdStrike outage. Boies is known for representing the federal government in Microsoft’s antitrust lawsuit and successfully challenging California’s same-sex marriage ban. According to CNBC’s Phil LeBeau, no lawsuits have been filed yet, but Delta plans to seek damages from both companies. The decision comes after a CrowdStrike software update earlier this month caused Microsoft System Outages Thousands of flights were canceled, costing airlines an estimated $350 million to $500 million.

The second half of this year It is expected to be challenging for General Motors, Ford and StellantisUS car sales A slowdown is expected The company expects EV sales to grow in the second half of the year, up about 1.3% compared to 2023, after rising 2.9% year-over-year in the first half. GM plans to ramp up EV production to make it profitable, which is one reason why profits are expected to fall in the second half. Ford’s guidance has been revised down to reflect rising warranty costs. Stellantis CEO Carlos Tavares said mistakes around vehicle inventory levels, manufacturing and sales strategy have impacted the company’s U.S. operations. All this is happening amid continued uncertainty around EV adoption.

McDonald’s The focus is shifting to what to do Winning back customers with dealsFollowing the second quarter results, Did not meet Wall Street expectationsThe company’s U.S. president, Joe Erlinger, said in a memo obtained by CNBC on Monday that McDonald’s has sold itself on low prices to customers. He also expected “industry and competitive challenges” to continue through the rest of the year and urged the operator to build momentum for 2025. “We can turn the tide and reposition ourselves as a leader in value and affordability, but it won’t happen overnight,” he wrote. “It will happen through sustained, concerted actions that show our customers we are on their side.”

— CNBC’s Pia Singh, Jesse Pound, Kif Leswing, Jordan Novet, Ali Levy, Michael Weiland, Kate Rogers, Amelia Lucas and Ece Yildirim contributed to this report.

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