Morning: UNH, SOFI, PG, BA, MRK, SPOT, PYPL, RCL, NSC, STLA, UPS, CARR, AMT, JCI ...

Premium Valuation: IBM trades with a forward price-to-earnings (P/E) ratio of about 16.5x and a price-to-earnings (PEG) of ...

Markets showed a muted response to President Trump’s new trade deal with Japan, with S&P 500 futures rising modestly while bonds sold off and natural gas plunged. Metals and currencies posted mixed ...

Trump’s AI Action Plan drops Wednesday, and AI stocks like NVIDIA are priced for perfection. Here’s why I’m taking a sell-the-news approach with an August 15 $170 NVDA put—and what could go wrong (or ...