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Travel Stocks – Back on watch this morning looking to rebound from Monday’s steep selloff, Carnival Cruise said after the close yesterday it now has plans in place that will see more than half of its fleet restart operations by October with fully vaccinated itineraries. United Airlines meanwhile is also up more than 1% premarket ahead of its Q2 report after the close tonight. CCL, RCL, NCLH, UAL, AAL, DAL, ALK, SAVE, LUV

Big Banks – Trading higher as a group early on this morning after a steep decline to start the week, Traders continue to monitor the 10-year Treasury yield, which dropped to a new 5-month low on Monday and is back in the red again this morning at 1.17% pressuring futures a bit. The yield was above 1.78% in March and it’s fall amid the recovering economy has mystified and worried investors. JPM, GS, BAC, WFC, MS, C

NIO.NY 1.13%
NIO Inc – Chinese stocks were lower as a group again Monday on renewed fears over China’s clamp down and anti-monopoly actions against major technology firms. Nio erased early declines yesterday to close solidly higher and is looking to extend those gains this morning.

NVDA.NQ -74.79%
Nvidia Corp – Set to begin trading split adjusted this morning, the stock opened $10 lower on Monday morning but quickly erased those declines to trade up 6% in the first 90 minutes of trading ahead of today’s 4-for-1 stock split.

MRNA.NQ 1.25%
Moderna Inc – Set to open at another all-time high, the stock will be added to the S&P500 as of the start of trading Wednesday. The company said this morning it has partnered with Takeda to supply an additional 50 Mln vaccine doses to Japan.

TSLA.NQ 1.10%
Tesla Inc – Higher to start after snapping a four session slide Monday. Electric transport-related news site Electrek reports TSLA is about to start production of its electric semi-truck, the Tesla Semi. Bloomberg also reports TSLA’s China-made car sales continue their climb back towards record-high levels; China is a large market for TSLA, as well as a growing production hub.

IBM.NY 3.50%
International Business Machines – Reported second-quarter revenue on Monday that beat analysts’ estimates, as a recovery in client spending powered strong growth in its cloud and consulting businesses. Since the beginning of the year, the company has spent about $3 billion on eight acquisitions. IBM’s net income fell to $1.33 billion, or $1.47 per share, in the quarter ended June 30, from $1.36 billion, or $1.52 per share, a year earlier. Total revenue rose 3% to $18.75 billion, beating estimates of $18.29 billion.

IMNM.NQ 30.23%
Immunome Inc – Announced its antibody cocktail, IMM-BCP-01, to treat COVID-19 successfully neutralized the Delta variant in preclinical studies. The company plans to submit application to U.S. FDA to start clinical trials this qtr. IMM-BCP-01 has already shown neutralizing activity against UK, South Africa, Brazil and California variants in pre-clinical testing.

NRBO.NQ 36.52%
Neurobo Pharmaceuticals – Micro-cap, low float(6.3m) biotech on the move this morning after a late session squeeze yesterday. No significant news here.

MDWD.NQ 19.60%
Mediwound Ltd – Announced positive topline results from a phase 3 pediatric study (CIDS) of NexoBrid for Eschar removal of severe thermal burns.

AEHR.NQ 5.32%
Aehr Test Systems – Back on watch after Monday’s rally, the stock jumped after the company said it had received a $10.8 million order from its leading silicon carbide test and burn-in customer. A company statement identified the customer as a leading Fortune 500 semiconductor equipment supplier with a focus on the automotive market.

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