Today on Catalysts, hosts Seana Smith and Madison Mills delve into the latest economic data, top trending tickers, and the semiconductor industry.

US housing data takes center stage as pending home sales surpassed economist expectations, rising 4.8% in June. This news comes as the Federal Reserve prepares to announce its decision on interest rates later this afternoon.

The show then turns to trending tickers, spotlighting Delta Air Lines (DAL), Altria Group (MO), Mastercard (MA), and Boeing (BA)— which announced its new CEO in former Collins Aerospace CEO Robert "Kelly" Ortberg, set to begin in his new chief executive role on August 8.

The program concludes with a focus on the chip sector, following Advanced Micro Devices' (AMD) second quarter earnings beat that has sparked a rally among semiconductor stocks. Angelo Zino, CFRA Research senior equity analyst, talks why he believes the AI momentum in the chip sector will persist.

For more expert insight and the latest market action, click here.

This post was written by Angel Smith