US housing and PMI data, AMC Q2 forecast: Catalysts

Today's episode of Catalysts, co-hosts by Seana Smith and Madison Mills, focuses on economic data, earnings reports, and the political landscape. The show kicks off with a look at fresh economic data, including US new home sales and the S&P Global Purchasing Managers' Index (PMI). Mills and Smith discuss these reports and their implications for the broader state of the economy. Earnings are in the spotlight as Alphabet (GOOG, GOOGL) and Tesla (TSLA) reported second-quarter results, the latter of which disappointed investors. AMC (AMC) released preliminary second-quarter forecasts anticipating approximately $32.8 million in losses during the quarter. In political news, Vice President Kamala Harris held a campaign rally in Wisconsin on Tuesday, following President Biden's decision to step down from his reelection bid. Harris saw significant support, raising approximately $126 in funding since. This post was written by Angel Smith