Stock Market & Financial News
SpaceX Stock Closes At Fresh Low After Seven Straight Days Of Losses
SpaceX is experiencing significant turbulence. Shares of SpaceX (SPCX) fell more than 3% Monday to close at a fresh low of just below $120, extending their decline to a seventh consecutive session.
SPCX I'm Buying Apple's AI Advantage That Keeps It Ahead of the Mag 7 At Least Until This Point
I keep hitting the buy button on Apple (NASDAQ:AAPL | AAPL Price Prediction) because I have finally found a mega-cap AI story where I do not have to underwrite a $400 billion data center bill to believe in the upside.
AAPL Tether Gold recognized as Accepted Spot Commodity in Abu Dhabi financial center
The recognition allows regulated firms in Abu Dhabi Global Market to offer services involving Tether Gold as tokenized commodities gain broader adoption.
Apple's Lawsuit Against OpenAI Could Be the Opening Move in the Next AI Hardware War
Apple's federal trade secret lawsuit against OpenAI centers on allegations that the AI company stole confidential files.
AAPL 
Google is working on a new AI chip designed to make Gemini more efficient
Alphabet, Google's parent company, is designing a new server chip to help its in-house Gemini models operate more efficiently.
GOOG 
Bitcoin defies recent tech stocks sell-off. Are bulls eyeing a $70K rally?
Despite muted derivatives sentiment, Bitcoin's decoupling and Strategy's cash raise set the stage for a potential rally to $70,000.
Blackrock Pulls in $204M as Bitcoin ETFs Finish the Week Positive
Crypto ETF investors spent the week changing direction almost as quickly as the market itself. A sharp Monday retreat gave way to broad inflows across bitcoin and ether products, allowing both categories to finish the five days with net gains.
Bitcoin Nears Full Breakout as Bullish Momentum Builds, Analyst Says
The market is on the verge of a bullish Bitcoin breakout according to analysis by Josh Olszewicz. The consolidation corresponds to two aligned technical structures on the 6-hour chart: an inverse head and shoulders and a falling wedge.
From South Korea to Semiconductors: Last Week's Top ETF Inflows
The ETF market saw inflows shift notably this past week, as investors funneled capital toward international valuation gaps and domestic large-cap equities. This, coupled with aggressive buying in the semiconductor sector amid a market drawdown, highlights continued investor appetite for growth despite broader market fluctuations.
DRAM 
Gold is oversold, the debasement trade is still on, and the pressure is building – Sprott's Paul Wong
Gold is massively oversold by every meaningful metric and is likely to set a cyclical bottom before September, while currency debasement is the fundamental driver that will push gold to its next all-time high, according to Paul Wong, managing partner and market strategist at Sprott Inc.In a recent interview, Wong told Kitco News that gold tends to find support when prices fall to 90% of the 200-day moving average – and we've well overshot that at this point – but there are other reasons to expect a rebound by late summer.
SII 
Mag 7 Earnings: How Expectations for Alphabet and Tesla Have Evolved
Concerning this week???s docket, several Mag 7 members, Tesla (TSLA) and Alphabet (GOOGL), are scheduled to report.
GOOG 
Cardano Van Rossem Hard Fork Moves Mainnet To Protocol Version 11
# Cardano Van Rossem Hard Fork Moves Mainnet To Protocol Version 11
Banks Tap FinTechs and Embedded Finance for Deposits
Embedded finance and the impact of FinTech pacts are showing up on bank balance sheets. There are different paths toward getting here.
BAC 
World Cup hands US economy $20B boost — with host cities like Kansas City, Philly cashing in big, BofA says
According to the New York/New Jersey Host Committee, fans spent $1.2 billion in June in alone, generating a total economic impact of $2.1 billion.
CHCO 
Intel Reports Earnings Thursday. Here's How Much Its Stock Is Seen Moving
Intel is slated to report earnings after the closing bell Thursday, with traders anticipating a sizable move from the chipmaker's stock following the results.
INTC 
South Korea Defends Record $422 Million Coupang Fine as US Alleges Protectionism
South Korea's decision to fine American-owned eCommerce firm Coupang is straining relations between the two countries, Reuters reported Friday (July 20). South Korea said the fine was imposed over a data leak, but American lawmakers said the move raises questions about whether the country is treating U.S. companies fairly, according to the report.
CPNG 
Steel Dynamics Second-Quarter Profit, Revenue Rise on Improved Steel Pricing
The company posted a profit of $534.1 million, and expects strong domestic steel and aluminum consumption through the remainder of 2026.
STLD 
Lumentum's stock just got a lot more interesting — and Barclays has turned bullish
A Barclays analyst now recommends Lumentum's stock after a period of substantial underperformance relative to the broader chip sector.
LITE 
Morgan Stanley files for low-fee Solana ETF as SBI launches tokenized fund in Japan
Morgan Stanley files for a low-fee Solana ETF while SBI launches a tokenized fund in Japan. Solana reaching $90 by July 2026 at 9% YES.
Sify Technologies: Better Operations, But Not A Better Entry
Sify Technologies Limited remains rated Hold as long-term growth potential is offset by persistent financial and execution risks. SIFY's aggressive data center expansion boosts capacity but strains free cash flow and profitability, with capital spending at 26% of sales and negative free cash flow. Despite 15% YoY revenue and 42% EBITDA growth, SIFY's premium valuation (700x forward earnings) is difficult to justify given negative cash flows and high leverage.
SIFY 
Silver (XAG/USD) Price Forecast: Will Key Support Lead to a Rally?
Silver has bounced from a key confluence support zone, but confirmation above wedge resistance is needed before a broader recovery can challenge higher resistance levels.
Cardano Bulls Rally as Network Enters New Era of Decentralization
The Cardano blockchain has taken new steps toward all-round decentralization, a move that has spiked renewed interest in the token.
Brian Armstrong Says Bitcoin's Price Isn't Determined by Hash Rate
Brian Armstrong explained that changes in the network's computing power do not dictate the asset's market price. The Bitcoin protocol mechanically adjusts its mining difficulty every 2,016 blocks to maintain a constant issuance rate. The hash rate recorded a recent decline of 7.9% as the industry evaluated energy capacity redistribution.
Dormant Ethereum Wallet Awakens After 11 Years
An Ethereum wallet that had remained inactive since the network's pre-mine era has suddenly come back to life after more than a decade.
Ripple Executive Says the Company Is Building the Foundation for Wall Street 2.0
Michael Higgins says blockchain infrastructure is becoming the foundation of “Wall Street 2.0,” as institutional finance shifts toward 24/7 markets, tokenization, and real-time settlement. Ripple Prime has tripled its year-over-year revenue following Ripple's $1.25 billion acquisition of Hidden Road, driven by growing institutional demand for digital asset services.
Trump family refiles Capital One debanking lawsuit, claiming politics played role
Eric Trump submitted a new lawsuit on behalf of The Donald J. Trump Revocable Trust – alleging Capital One abruptly terminated hundreds of accounts belonging to entities affiliated with the president.
COF 
Crown Holdings Posts Higher Sales As Global Beverage Can Volumes Rise
The maker of aluminum cans and aerosol containers said global beverage can volumes increased 5%.
CCK 
Michael Saylor's Bitcoin Treasury Company Strategy Goes Fourth Consecutive Week Without Buying Any BTC
The Bitcoin treasury firm Strategy (MSTR) has now gone four consecutive weeks without buying any BTC. The company announced on Monday that it had increased its US dollar reserves by $225 million over the past week, though it refrained from buying any new Bitcoin.
Will Alphabet's Q2 Earnings Reignite the Tech Rally?
Expectations are running high for Alphabet's Q2 results on Wednesday, July 22, but so is the company's earnings momentum.
GOOG 
Warner Bros. Closes at Lowest Since Dec. 4 | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Katie Greifeld, Sally Bakewell, Carol Massar and Tim Stenovec. -------- More on Bloomberg Television and Markets Like this video?
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