Stock Market & Financial News
Stanford study says 5-minute Bitcoin prediction markets enable settlement manipulation
Researchers found that Polymarket's five-minute Bitcoin prediction markets create incentives to manipulate spot prices around contract settlement, proposing longer settlement windows as a potential fix.
United Airlines earnings top estimates but $6 billion in added fuel costs bites
United's second-quarter earnings topped estimates and the airline expects full-year adjusted earnings per share to come in between $9 to $11. Jet fuel prices have spiked anew this month amid on-and-off U.S.-Iran conflict.
UAL Backblaze Tops 340,000 Drives as AI Fuels Rising Storage Demand
Backblaze NASDAQ: BLZE reported that its hard drive fleet exceeded 340,000 drives in the first quarter of 2026, with about 1,000 drive failures recorded during the period, according to a company webinar discussing its latest Drive Stats report.
BLZE Ethereum rallies as U.S. CPI inflation slows to 3.5% – Details
Ethereum's rally gains macro support as institutions quietly tightened available supply.
Why You Shouldn't Bet Against First Majestic Silver Stock
AG has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
AG 
Quantum Stocks Witness Correction: Why QUBT is the Best Buy Now
Quantum Computing's pullback may offer an entry point as improving revenues, acquisitions and commercial momentum support its rebound outlook.
QMCO 
NVIDIA & 2 Best Earnings Growth Stocks to Buy for 2H 2026
NVIDIA, Neurocrine and Ball screen well for earnings growth and rising estimates, highlighting stocks with improving profit expectations.
NVDA 
BlackRock Q2: I Was Wrong - It's A Buy Now (Rating Upgrade)
BlackRock, Inc. demonstrated robust Q2 performance with record inflows, base fees, and double-digit revenue growth, reinforcing its ecosystem moat. BLK's diversification into private markets and tech services is accelerating, lowering its correlation with equity indexes and strengthening client relationships. Valuation is now more attractive: BLK trades at a 2026 P/E of 19x, cheaper than major peers and the S&P 500, with improving operating leverage.
BLK 
Cintas Corporation (CTAS) Q4 2026 Earnings Call Transcript
Cintas Corporation (CTAS) Q4 2026 Earnings Call Transcript
CTAS 
Johnson & Johnson (JNJ) Q2 2026 Earnings Call Transcript
Johnson & Johnson (JNJ) Q2 2026 Earnings Call Transcript
JNJ 
The PNC Financial Services Group, Inc. (PNC) Q2 2026 Earnings Call Transcript
The PNC Financial Services Group, Inc. (PNC) Q2 2026 Earnings Call Transcript
PNC 
Fastly Is About To Bounce (Technical Analysis)
Fastly is in technical breakout mode, trading above major resistance and bouncing off its 50-EMA, signaling bullish momentum. I expect FSLY's 200-EMA and anchored VWAP around $17 to provide a strong downside floor, with institutional demand supporting these levels. The options market anticipates a 14.5% move ahead of the August 5th earnings, with key levels at $22 resistance and $17 support.
FSLY 
Elon Musk Down $500 Billion as SpaceX Craters 40% in 30 Days While BTC Remains Largely Stable
Elon Musk, the world's first trillionaire, has witnessed a major decline in his net worth after SpaceX (ticker SPCX) underwent a significant market crash during the last 30 days. Musk's SPCX holdings were worth roughly $840 billion at one point but reportedly crashed by 40%, pulling his total worth below the trillion-dollar mark.
US government sends $288M to Coinbase putting Bitcoin reserve rules into question
The transfer highlights unresolved custody rules, while the public evidence identifies a deposit rather than a government sale.
Iran rejects Trump's peace push as Bitcoin slips below $65K
Bitcoin has slipped below $65,000 after Iran rejected renewed prospects for peace talks with the United States, adding fresh pressure to risk assets as military operations continue.
Rio Tinto cuts copper unit costs nearly in half for 2026
Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF)'s Pilbara iron ore unit posted its strongest first-half production since 2018, beating consensus estimates alongside stronger shipment volumes, as the miner reiterated full-year guidance across all segments. Second-quarter production beat expectations in both Pilbara output and shipment volumes, while the rest of Rio's major operating assets came in line with consensus.
RIO 
AWS EC2 and AI leader Dave Brown to exit, replaced by Amazon exec and Microsoft vet Dave Treadwell
Dave Brown is leaving Amazon Web Services after nearly 19 years, departing at the end of July for a new role outside the company.
DAVE 
Norwood Financial's Quality Overrides Its Valuation
Norwood Financial Corp. receives a soft 'Buy' rating, reflecting improving fundamentals and adjusted asset quality post-merger activity. NWFL's recent acquisition of PB Bankshares drove deposits to $2.51 billion and loans to $2.21 billion in Q1 2026, supporting balance sheet growth. Net interest margin rose to 3.04% in Q1 2026, while non-performing loans and assets remain below 0.50%, indicating manageable credit risk.
NWFL 
Johnson & Johnson's Spravato sales growth supports psychedelic drug opportunity: Jefferies
Psychedelic drug developers including AtaiBeckley Inc. (NASDAQ:ATAI, XETRA:9VC), Compass Pathways (NASDAQ:CMPS) and Cybin Inc. (NYSE-A:CYBN, FRA:R7E) could see a positive read-through after Johnson & Johnson (NYSE:JNJ) reported stronger second-quarter sales for its Spravato depression treatment, with Jefferies writing that the drug's commercial performance supports the long-term market opportunity for the sector. Johnson & Johnson (NYSE:JNJ) reported worldwide second-quarter Spravato (esketamine nasal spray) sales of $584 million, up 25% from the first quarter, including US sales of $514 million.
JNJ 
Lyn Alden raises $40M to launch Orange Juice, a holding company with a Bitcoin treasury twist
Orange Juice's innovative model could redefine investment strategies by merging traditional business operations with Bitcoin as a reserve asset. Lyn Alden raises $40M to launch Orange Juice, a holding company with a Bitcoin treasury twist.
Netflix Heads Into Q2 Earnings With Something To Prove: Does Wall Street See Another Revival?
Netflix is in regrouping mode heading into its second-quarter earnings reveal – a very familiar place for the company. The streaming giant, which will report financials Thursday afternoon after the close of trading, has already signaled that the quarter is unlikely to be a barnburner.
NFLX 
Terreno Realty Is Great, But We Sold
Terreno Realty was sold as shares became overpriced, trading above 30x forward AFFO amid rising Treasury yields. TRNO's strong industrial portfolio and robust same-property NOI growth justified premium multiples, but current valuation exceeds prudent expectations. Despite minimal debt exposure and superior management, TRNO's revised EBITDA yield of 3.96% highlights stretched valuation versus peers like REXR.
TRNO 
Coinbase, Circle stocks climb as analysts see Bitcoin-linked upside
Shares of Circle Internet Group and Coinbase Global moved higher on Wednesday after William Blair said many of the key risks facing both companies are already reflected in investor expectations. The firm also highlighted their potential to benefit from any recovery in Bitcoin prices.
COIN 
Bitcoin Miners Cash In as AI Hits a Power Bottleneck
Bitcoin miners spent the past decade building out cheap electricity and heavy-duty power infrastructure. Now, some of the biggest artificial intelligence (AI) companies in the world are paying billions of dollars to use it.
CIFR 
American Century's Greenblath Talks New Fed Chair, Bonds
June brought a major change to the bond landscape with the arrival of the new Federal Reserve chair. Kevin Warsh, appointed by President Trump, arrived as a new Fed chair.
KORP 
Equal Weight ETF GSEW Offers Diversification, Performance
Concentration risk may have been overshadowed by major geopolitical events this year, but it hasn't gone away. Indeed, the big AI hyperscalers remain a significant part of portfolios, but with that comes risk.
GSEW 
Conagra's ‘Show-Me' CEO Says Every Product Needs to Earn Its Keep
John Brase, who took over the company in June, is plotting a turnaround for the food giant.
CAG 
Verizon: Executing Amid Industry Uncertainty, Raising My Target
Verizon is reiterated as a "Buy," with an attractive valuation and a high 6.66% forward dividend yield. VZ raised its FY 2026 EPS guidance to $4.95–$4.99, supported by strong postpaid phone and broadband net adds. Despite competition risks and technical weakness, VZ's fundamentals remain solid, with $6.55 free cash flow per share over the past year.
TGT 
I Keep Buying Seagate Because It Has One Massive Cost Advantage Others Don't
I keep buying Seagate because every time I look at what it costs a hyperscaler to store a petabyte, the math ends at the same place, and my brokerage account ends at the same button.
STX 
Apple Is Up 20% in 2026. What Will It Take for AAPL Stock to Hit $350?
Shares of Apple (NASDAQ:AAPL | AAPL Price Prediction) are up 4% Wednesday afternoon to a fresh record of $327, extending a rally that now has Apple stock up 20% year to date (YTD).
AAPL 
