The stock market rallied on Thursday as strong earnings from major technology companies lifted investor sentiment, easing concerns from the previous session over the Federal Reserve and interest rates.
Overall, S&P 500 was up 1.7% to 7,438, while Nasdaq surged 2.8% to 25,122.
Tweet of the Day
NEW: The CEO of an AI giant said again and again: “There is no China supply chain for us.”
Trade records, satellites, Chinese filings and even its own suppliers in China say otherwise.
The truth raises an existential threat to Bloom Energy’s story.
Our $BE investigation: pic.twitter.com/rmtbSVWZXh
— Hunterbrook (@hntrbrkmedia) July 8, 2026
Chart of the Day
Here is the one-year chart of Cintas Corporation (CTAS) as of July 17, 2026, when the stock was at $205.
Last quarter, the company delivered 19% profit growth on 9% revenue growth, while operating margin reached an all-time high of 23.2% compared to 22.4 a year ago, showing the strength of its business model.
Management stated about two-thirds of new customers previously managed these services themselves before switching to Cintas, creating a long runway for future growth.
Beyond uniforms, the company continues expanding higher-growth businesses such as First Aid & Safety and Fire Protection, which grew 13% and 10%, respectively, as more businesses outsourced workplace safety and compliance.
Management believes its large addressable market and ability to cross-sell more services to existing customers will continue driving long-term growth across industries.
CTAS is part of the Conservative Growth Portfolio.
