Introduction

This is the weekly market digest for the week ending July 13, 2026. US markets showed mixed performance with notable gainers and losers, while the Saudi market saw limited movement.

US Market

US markets experienced divergent trends this week. PayPal (PYPL) led gainers with a 22.1% rise, followed by Cintas (CTAS) at 13.1% and Venture Global (VG) at 12.2%. Cybersecurity stocks also performed well, with Palo Alto Networks (PANW) up 10.1% and CrowdStrike (CRWD) up 8.5%. On the downside, Sandisk (SNDK) plunged 26.9%, IBM fell 26.0%, and Marvell Technology (MRVL) dropped 20.0%.

Saudi Market (TASI)

The Saudi market was relatively stable this week. Saudi Real Estate Co. (4020) topped gainers with a 15.6% increase, followed by Rabigh Refining and Petrochemical (2380) at 8.2% and National Shipping Company (4030) at 3.6%. Losers included Electrical Industries Co. (1303) down 7.0%, Saudi Research and Media Group (4210) down 6.9%, and Saudi Tadawul Group (1111) down 5.6%.

Notable News

JPMorgan's record Q2 profit and raised NII guidance dominated headlines, alongside US imposition of 25% tariffs on Brazil. Bernstein warned that 'token shock' may slow enterprise AI adoption. Wrqti released 2,781 new stock reports and 948 daily summaries this week, providing fresh AI-powered analysis for investors.

Disclaimer

This digest is for educational purposes only and does not constitute investment advice. Consult a certified financial advisor before making investment decisions.