Step aside EOFY volatility, August reporting season is just around the corner, and it's looking like it's going to be a showstopper. Plus there's a new tech darling in town, and it's got the attention of some big celebrity names...

In this week’s wrap, Jessica covers:

• (0:22) Telcos stealing the show up 2.3% following Telstra's (ASX:TLS) announcement
• (1:02) Staples back in vogue: Metcash (ASX:MTS) reporting record sales
• (1:57) EOFY rebalancing pushing two stocks to the top of the leaderboard
• (2:37) Why Collins Foods (ASX:CKF) fell 13% despite record earnings
• (3:52) A new celebrity stock? The rise of Life360 (ASX:360)