Monday kicks off the busiest week of Q2 2026 earnings season, and the stocks to watch tomorrow span far beyond the mega-caps dominating headlines. Alongside a handful of large caps, several smaller and lesser-known names are reporting results that could move sharply on Monday’s open.
Today’s Market Snapshot
Stocks are on track for modest weekly losses heading into Monday, particularly in technology, as rising oil prices and higher Treasury yields keep investors sidelined despite generally strong earnings reports. Adding to the pressure, the Federal Reserve’s FOMC meeting kicks off Monday and concludes Wednesday, July 29, with the Fed Funds Target Upper Bound decision landing at 2:00 p.m. ET that day. Markets are also digesting the fallout from Thursday’s nearly $800 billion Magnificent Seven selloff, the worst single-day decline for the group since April 2025.
Top 10 Stocks to Watch Tomorrow:
1. Cadence Design Systems (CDNS)
Latest News
Cadence, a leading provider of electronic design automation (EDA) software used to design chips, reports Q2 2026 earnings Monday. The company sits at the center of the AI infrastructure buildout, since virtually every custom AI chip — from Nvidia’s GPUs to hyperscaler ASICs — is designed using EDA tools from Cadence or its rival Synopsys.
Technicals & Fundamentals
Cadence has benefited from surging demand for advanced chip design as customers race to tape out next-generation AI silicon. The stock trades as a bellwether for overall semiconductor design activity, making Monday’s report a read-through for the broader chip sector heading into the bigger Big Tech earnings later in the week.
Catalyst
Investors will focus on bookings growth, IP licensing revenue, and any commentary on demand trends following this week’s AI capex jitters that hit Alphabet and Tesla.
2. Nucor Corp. (NUE)
Latest News
Nucor, the largest steel producer in the U.S., reports Q2 earnings Monday. Steel pricing and demand trends have been volatile in 2026 amid tariff policy shifts and swings in industrial and construction activity.
Technicals & Fundamentals
As a cyclical industrial bellwether, Nucor’s report offers a window into broader manufacturing and infrastructure demand, plus any impact from President Trump’s newly announced tariffs on roughly 60 trading partners.
Catalyst
Watch for commentary on steel pricing trends, tariff-related demand shifts, and capital allocation plans given the stock’s status as a dividend-paying industrial cornerstone.
3. Welltower Inc. (WELL)
Latest News
Welltower, a large-cap healthcare REIT focused on senior housing, medical office buildings, and outpatient facilities, reports Monday.
Technicals & Fundamentals
As an aging-demographics play, Welltower has benefited from strong senior housing occupancy trends in 2026. REITs broadly have been sensitive to the path of Treasury yields, which climbed to a 52-week high this week amid Middle East-driven oil price increases.
Catalyst
Funds from operations (FFO) growth and senior housing occupancy trends will be the key metrics, along with any guidance updates given the higher-rate environment.
4. Applied Digital Corp. (APLD)
Latest News
Applied Digital, a fast-growing AI data center and cloud infrastructure company, reports Q2 fiscal 2026 earnings Monday. The stock has been one of the more volatile AI infrastructure names this year, recently trading around $35, up more than 6% in a single session.
Technicals & Fundamentals
Applied Digital has pivoted from bitcoin mining infrastructure toward high-performance computing (HPC) data centers for AI workloads, signing lease agreements with major AI customers.
Catalyst
Investors will watch for updates on data center capacity expansion, lease agreement progress, and cash burn given the capital-intensive nature of building out AI infrastructure. As a smaller-cap name in a hot sector, APLD tends to see outsized moves on earnings day.
5. Navitas Semiconductor (NVTS)
Latest News
Navitas, a gallium nitride (GaN) and silicon carbide (SiC) power semiconductor maker, reports Q2 2026 results Monday after the close. The stock has been volatile in 2026, falling from a 52-week high of $34.16 to a 52-week low of $5.44 before recovering into the $12-$13 range recently.
Technicals & Fundamentals
| Metric | Level |
|---|---|
| Recent Price | ~$12-13 |
| 52-Week Range | $5.44 – $34.16 |
| Analyst Rating | Hold (average of 8 analysts) |
| 12-Month Price Target | ~$14.46 |
| Q2 2026 Revenue Estimate | ~$9.97 million (-31% YoY) |
| Q2 2026 EPS Estimate | -$0.04 loss |
Catalyst
Navitas has been fighting a patent infringement lawsuit filed by rival Wolfspeed targeting several of its core power-chip product lines, which pressured shares earlier this month. The company has also touted an Nvidia AI power-related update as a potential growth driver, alongside a new licensing agreement giving Magnachip access to its GeneSiC Gen 4 and Gen 5 SiC technology. Investors will be watching for updates on both the patent dispute and AI data center power design wins.
6. Dyne Therapeutics (DYN)
Latest News
Dyne, a clinical-stage biotech developing therapies for genetically driven muscle diseases, reports Q2 earnings Monday.
Technicals & Fundamentals
As a clinical-stage biotech, Dyne’s stock moves are typically driven by trial data and regulatory updates rather than traditional earnings metrics like revenue growth.
Catalyst
Watch for pipeline updates on the company’s muscle disease programs, cash runway commentary, and any new trial data readouts that could accompany the earnings release.
7. Alliance Resource Partners (ARLP)
Latest News
Alliance Resource Partners, a coal and mining master limited partnership, reports Q2 earnings Monday.
Technicals & Fundamentals
Coal names have seen renewed investor interest in 2026 tied to rising natural gas prices and growing electricity demand from AI data centers, which has increased near-term reliance on coal-fired generation in some regions.
Catalyst
Investors will focus on coal pricing trends, production volumes, and the distribution payout given ARLP’s structure as an income-focused MLP.
8. F5 Inc. (FFIV)
Latest News
F5, a networking and application security company, reports fiscal Q3 2026 earnings Monday.
Technicals & Fundamentals
F5 has increasingly positioned itself around AI infrastructure security and traffic management, a theme that has supported renewed investor interest in the stock this year.
Catalyst
Subscription software revenue growth and any commentary on AI-driven demand for application delivery and security products will be the key focus areas for the report.
9. Celestica Inc. (CLS)
Latest News
Celestica, which builds AI hardware, networking switches, and cloud computing systems, reports Q2 2026 earnings Monday. The company has been a standout performer in 2026, with analysts projecting 70% EPS growth for the year following 56% growth in 2025.
Technicals & Fundamentals
Celestica has beaten consensus estimates by at least 3.8% in each of the last four quarters, driven by strong networking switch demand and a new AI hyperscaler program.
Catalyst
Investors will watch whether Celestica’s beat-and-raise streak continues, along with updates on its Connectivity & Cloud Solutions segment and any new hyperscaler program wins.
10. Bank of Hawaii Corp. (BOH)
Latest News
Bank of Hawaii, a regional bank focused on Hawaii, Guam, and other Pacific markets, reports Q2 earnings Monday.
Technicals & Fundamentals
As a smaller regional bank, BOH’s report will offer insight into regional loan demand, net interest margin trends, and credit quality — all relevant amid the higher-for-longer rate environment following this week’s yield spike.
Catalyst
Watch for net interest margin trends and any commentary on tourism-driven economic activity in its core Hawaii market, along with credit quality metrics given broader concerns about consumer credit stress.
Top 10 Stocks to Watch Tomorrow: Quick-Reference Table
| Rank | Ticker | Company | Market Cap Size | Sector | Reports |
|---|---|---|---|---|---|
| 1 | CDNS | Cadence Design Systems | Large-cap | Semiconductor software | Before/after market, Monday |
| 2 | NUE | Nucor Corp. | Large-cap | Steel | Monday |
| 3 | WELL | Welltower Inc. | Large-cap | Healthcare REIT | Monday |
| 4 | APLD | Applied Digital Corp. | Small/mid-cap | AI data centers | Monday |
| 5 | NVTS | Navitas Semiconductor | Small/mid-cap | Power semiconductors | Monday |
| 6 | DYN | Dyne Therapeutics | Small-cap | Biotech | Monday |
| 7 | ARLP | Alliance Resource Partners | Small-cap | Coal/mining | Monday |
| 8 | FFIV | F5 Inc. | Mid-cap | Networking/security | Monday |
| 9 | CLS | Celestica Inc. | Mid-cap | AI hardware/networking | Monday |
| 10 | BOH | Bank of Hawaii Corp. | Small-cap | Regional banking | Monday |
Sector Sentiment Snapshot and Forecast
Monday’s earnings slate captures a market at an inflection point: large-cap bellwethers like Cadence and Nucor will offer read-throughs on chip design activity and industrial demand, while smaller names like Applied Digital, Navitas, and Dyne carry outsized volatility risk given their size and sector exposure. With the Fed’s rate decision landing Wednesday and Microsoft, Meta, Amazon, and Apple all reporting later in the week, Monday’s results — particularly from AI-infrastructure-adjacent names like Applied Digital, Navitas, and Celestica — will be closely watched for early signals on whether this week’s AI capex anxiety is spreading beyond the mega-caps.
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Disclaimer: This publication is entirely for informational and journalistic purposes and does not constitute formal financial, investment, or legal advice. All market investments carry inherent risks of capital loss. Always complete independent due diligence prior to executing equity trades.
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