The second quarter earnings season officially kicks off as Wall Street digests the latest bank earnings from JPMorgan Chase & Co. (JPM), Citigroup (C), and Wells Fargo (WFC). The major indexes (^DJI,^GSPC, ^IXIC) are rallying despite a hotter-than-expected June Producer Price Index report.

Meanwhile, shares of AT&T (T) are slipping after the telecom giant revealed that "nearly all" cell customers' call and text message records from 2022 were accessed in a massive data breach this past April. Shares of Snowflake (SNOW) are also falling as AT&T indicated the files were downloaded illegally off of the third-party cloud provider.

Other trending tickers on Yahoo Finance include Rivian (RIVN), Lucid Group (LCID), and ChargePoint Holdings (CHPT).

Key guests include:
3:00 p.m. ET - Eric Freedman, U.S. Bank Asset Management Group Chief Investment Officer
3:30 p.m. ET - Alex Morris, F/m Investments CEO
4:00 p.m. ET - Paul Hickey, Bespoke Investment Group Co-Founder
4:30 p.m. ET - Isaac Stone Fish, Strategy Risks Founder and CEO