Stock Market & Financial News
Bitcoin May Face One Final Sell-off Before Recovery, Says NYDIG
The scenario of a bitcoin freed from its cycles thanks to the arrival of institutional investors is wavering. While the market was settling into almost unanimous confidence, NYDIG cools the ardor with an analysis that recalls an old rule: every phase of euphoria eventually calls for a correction.
US Dollar Price Forecast: Retail Sales Boost DXY – What's Next for GBP/USD and EUR/USD?
Strong U.S. retail sales and resilient jobless claims reinforce the Fed's cautious stance. Explore the latest outlook for DXY, EUR/USD and GBP/USD.
Volkswagen workers to grill CEO on cuts at staff assemblies in August
The works council of German carmaker Volkswagen said on Friday it will host extraordinary staff assemblies in August with CEO Oliver Blume, giving workers the opportunity to grill him on management plans to radically overhaul the company.
VWAGY Ripple (XRP) Price: Major Holders Accumulate as Binance Supply Hits Five-Month Low
Trading activity shows XRP hovering around $1.11 following a greater than 5% bounce from its recent bottom near $1.05. This upward momentum has coincided with intensified purchasing from large-scale investors and declining token availability on major exchanges.
Google and Visa join the online micro-payments revolution
Visa, Stripe and Google have joined the x402 Foundation as premier members, adding three of the biggest names in payments and search to an effort to build an open standard for machines that pay each other. The foundation, affiliated with the Linux Foundation, is developing x402, a protocol that lets AI agents transact with each other and with people directly over the web, without subscriptions or a human typing in card details.
V 
Advanced Drainage Systems Shareholders Approve Board, Auditor and Pay at Annual Meeting
Advanced Drainage Systems NYSE: WMS held its annual meeting of stockholders virtually, with shareholders approving all three proposals presented by the company, according to meeting remarks from President and CEO D. Scott Barbour and Secretary Scott Cottrill.
WMS 
Arm Holdings chief says AI boom is being hampered by supply constraints
The artificial intelligence boom is being held back by what the industry cannot build rather than what customers will not buy, according to Rene Haas, chief executive of Arm Holdings PLC (NASDAQ:ARM), the chip designer. Haas told CNBC that demand for chips, data centres, energy and skilled workers is running ahead of available capacity, creating a bottleneck he expects to persist for the next two to three years.
ARM 
British Pound: Pullback pauses within near-term range against US Dollar – UOB
British Pound: Pullback pauses within near-term range against US Dollar – UOB
Abacus Global Management, Inc. (ABX) Analyst/Investor Day Transcript
Abacus Global Management, Inc. (ABX) Analyst/Investor Day Transcript
GTLL 
AUD/USD Price Forecast: More upside likely amid stabilization above 20-day EMA
AUD/USD Price Forecast: More upside likely amid stabilization above 20-day EMA
Ethereum (ETH) Price: Massive Whale Accumulation Signals $2,000 Breakout Ahead
Ethereum experienced a brief surge past $1,930—marking its highest point in recent weeks—after the release of softer US inflation figures, only to slide back toward $1,850 as market participants secured gains and geopolitical concerns resurfaced.
SK hynix Has Room For Another Leg Up
SK hynix is the current HBM leader, with roughly 58% market share and strong exposure to Nvidia's AI platform roadmap. HBM remains supply-constrained, while hyperscaler capex is still being revised upward despite higher component pricing. New memory capacity should take years to meaningfully come online, supporting pricing, margins, and earnings through the current cycle.
HBM 
Euro: Looking for direction against US Dollar – Commerzbank
Euro: Looking for direction against US Dollar – Commerzbank
Amid Energy Crisis, First Solar's Affordable Valuation Shines Bright
First Solar is attractively valued post-pullback, with strong fundamentals and compelling national security-driven tailwinds. FSLR's differentiated technology and minimal reliance on Chinese supply chains position it for large-scale utility and government projects. Solid financials: TTM PE of 14.46, forward PE under 13, 27.3% YOY revenue growth, 30.7% net income margin, and robust free cash flow.
FSLR 
Bitcoin (BTC) Dips Below $63K Amid US-Iran Conflict and Trump's Election Security Address
Bitcoin (BTC) experienced a downturn to approximately $63,000 on Friday as mounting geopolitical concerns and political instability created headwinds for risk-sensitive assets across the crypto sector.
Burberry Reports Flat Sales Growth Amid Turnaround Efforts
Burberry posted flat sales growth for its first quarter, but noted that it saw growth across divisions for the first time in three years.
BURBY 
Kodal Minerals receives first $13m loan repayment from Bougouni operator
Kodal Minerals PLC (AIM:KOD), the West African lithium producer, has received an initial $13 million repayment from the operator of its Bougouni project in Mali, as strong spodumene prices continue to underpin the operation. The payment from mining company Les Mines de Lithium de Bougouni (LMLB) to Kodal Mining UK (KMUK) represents the first repayment of loans advanced to finance capital expenditure at the mine.
MTX 
Burberry's back: growth across every category for the first time in three years
Burberry Group PLC (LSE:BRBY) has had its best quarter in years, and trench coats are leading the charge. The British luxury house posted first-quarter retail revenue of £455 million for the 13 weeks to 27 June, up 5% on last year, with comparable sales also climbing 5%.
BURBY 
US Treasury Sanctions Iran-Linked Wallets, Tether Freezes $131 Million USDT
The U.S. Treasury has expanded sanctions tied to Iran's central bank to include four cryptocurrency wallets, triggering another large-scale freeze of Tether (USDT) and underscoring how geopolitical risk is increasingly intersecting with market plumbing in digital assets. According to a report from Odaily, the newly sanctioned wallets were linked to Iran's central bank.
ACV: Better Than A Bond Fund, But Tech Exposure Is A Risk
The Virtus Diversified Income & Convertible Fund offers a 7.76% yield, primarily through convertible bonds with significant technology sector exposure. ACV's convertible-heavy portfolio provides downside protection versus equities and higher yields than common stock, but total returns may lag in bull markets. Despite tech concentration, ACV's largest holdings differ from the S&P 500, reducing single-company risk but maintaining sector vulnerability.
ACV 
DeFi's Newest Threat: How Malicious Liquidity Pools Are Trick-Quoting Ethereum and Polygon Users
DeFi infrastructure firm Enso has identified a new class of malicious liquidity pools called “toxic pools.” Unlike traditional exploits that steal funds directly, these pools manipulate transaction simulations.
Circle brings USDC Gateway and global fiat payouts to Fireblocks
Circle integrates Gateway and CPN with Fireblocks, giving institutions unified USDC balances and local fiat payouts across more than 50 countries.
How BONK's post-exploit moves could spur a price decline of 18%
A 120% spike in daily trading volume and a 30% uptick in Open Interest alongside a 6% BONK price slide outlined extreme selling pressure.
U.S. Spot Bitcoin ETFs Attract $79M While Ethereum Funds Extend Outflow Streak
U.S. Bitcoin ETFs recorded $79.15M in inflows on July 16, led by BlackRock's IBIT, while Ethereum ETFs posted $28.04M in outflows.
USD/JPY Price Forecast: Trades near 162.50 after breaking above nine-day EMA
USD/JPY Price Forecast: Trades near 162.50 after breaking above nine-day EMA
Sweden's Saab posts record orders as fighter jet maker cashes in on higher defense spending
Swedish defense company Saab beat earnings expectations in the second quarter amid booming demand for military equipment. Order backlog amounted to 317.7 billion crowns, up from 197.6 billion a year ago and marking a fifth straight quarter of a growing order book.
SAABF 
Saab Backs Guidance as Defense Demand Remains Strong
The Swedish defense company backed its medium-term growth guidance after signing several large orders recently.
SAABF 
$55: New YTD low for Silver price
$55: New YTD low for Silver price
How $1.2B Bitcoin options expiry could shape the next BTC move
Bitcoin and Ethereum options worth $1.43B expired as BTC held near $63,000 and ETH put demand rose, according to Greeks.live data.
Uber Technologies Sees Delivery Hero Deal Unlocking 50M Users and $1.2B in Synergies
Uber Technologies NYSE: UBER executives said the company's proposed acquisition offer for Delivery Hero is intended to expand its cross-platform mobility and delivery strategy into additional markets while remaining within Uber's financial discipline and capital allocation framework.
UBER 
