Stock Market & Financial News
Nvidia halves Asia buyer list in China chip crackdown, FT reports
Nvidia has more than halved the number of Asian customers authorised to buy its AI chips after creating a new "white list" of companies that have passed tougher compliance checks aimed at preventing the products from reaching China, the Financial Times reported on Monday.
NVDA Peloton: What To Watch In Q4 Earnings
Peloton has stabilized its business, delivering profitability and strong free cash flow, yet the stock remains depressed due to ongoing revenue declines. PTON's subscriber base remains flat, with churn improving to 1.2%, but no near-term catalysts are expected to reignite growth this quarter. Management is focused on refinancing its $1B term loan, potentially unlocking $10–12M in quarterly interest savings and enabling shareholder-friendly actions like buybacks.
PTON Hyperliquid loses mid-range support as short-term selling pressure builds
Hyperliquid has slipped below its $64 mid-range support and could be headed towards $50 next.
TSMC seen riding AI boom to fifth straight quarter of record profit
TSMC, the world's largest manufacturer of advanced AI chips, will likely notch a fifth consecutive quarter of record earnings, driven by booming AI infrastructure spending.
TSM 
Chainlink Reaches All-Time High in Wallet Growth
Chainlink registered a peak of 900,000 wallets with a balance on the Ethereum network, representing a historic milestone for the oracle network. Analytics data confirms that more than 20,000 new holders joined over the past month, demonstrating steady accumulation by investors even though altcoin prices remain suppressed in the current market.
Uniswap community votes 74% in favor of UNI burn: Will adoption drive token scarcity?
A new Uniswap governance proposal aims to tie UNI's long-term value directly to protocol activity.
Bitcoin slips as traders lift July Fed rate hike bets ahead of Inflation report
Major cryptocurrencies have dropped by 2% or more in 24 hours as traders boosted bets of a July Fed rate hike.
New Bitcoin mine proposed in Mississippi could lower energy bills, but the math is murky
The proposed Bitcoin mine in Mississippi highlights potential regulatory challenges and economic impacts on local energy consumers. New Bitcoin mine proposed in Mississippi could lower energy bills, but the math is murky.
Trump's Hormuz toll plans bring oil supply risks back in spotlight
President Donald Trump has proposed to impose a 20% fee on cargo passing through the Strait of Hormuz. Lipow Oil Associates estimates that Trump's proposed fee would effectively add about $16 a barrel to oil shipped through the strait.
BNO 
Trex Company, Inc. (TREX) Discusses Strategic Distribution Network Changes and Preliminary Quarterly Results Transcript
Trex Company, Inc. (TREX) Discusses Strategic Distribution Network Changes and Preliminary Quarterly Results Transcript
TREX 
Circle mints $68.26B in USDC on Solana, feeding global dollar liquidity
Circle minted another roughly $750 million worth of USDC on Solana on July 13, pushing its cumulative issuance on the network this year to around $68.26 billion, according to blockchain tracker Onchain Lens.
Silver Price Forecast: XAG/USD dips as oil surge lifts Fed hike odds
Silver Price Forecast: XAG/USD dips as oil surge lifts Fed hike odds
US-linked wallets move nearly $297M in seized Bitcoin and Ether to Coinbase Prime
The US government's strategic handling of seized crypto assets could influence market stability and investor sentiment, impacting future regulations. US-linked wallets move nearly $297M in seized Bitcoin and Ether to Coinbase Prime.
Fundstrat Co-Founder Says Ethereum Could Hit a $5 Trillion Market Cap
Fundstrat Capital co-founder, Tom Lee, projected that the network value of the market's leading altcoin would experience massive long-term growth. The firm BitMine, linked to the executive, recently acquired a batch of 42,197 ETH to consolidate its institutional corporate reserves. The current market valuation of the smart contract platform stands at 213.
Bitcoin and Ethereum Tweet Volume Falls to a 12-Month Low
Are retail investors shunning crypto? Key data reveal a critical drop in activity on social networks.
Jito price recovers – Assessing if JTO can flip $0.67 into support
Jito's rebound triggered profit‑taking, with net inflows rising 364% as sellers selectively exited positions.
Jim Cramer Warns “I Don't Want to Own AT&T or Verizon” as Starlink Threatens Telecom Stocks
Jim Cramer used his CNBC Mad Dash segment on Monday to warn viewers away from major telecom names after Bernstein published a research note tying valuation risk directly to SpaceX's Starlink.
T 
CEF Insights: Navigating Today's Municipal Bond Market
Aberdeen Municipal Income Fund offers a timely opportunity to pursue monthly, tax-exempt income in today's attractive municipal bond market. Aberdeen's Mike Taggart and Miguel Laranjeiro discuss how Aberdeen's active, research-driven approach combines macro insight, bottom-up credit analysis, high-yield municipal opportunities, and prudent leverage to seek sustainable income over time. With an increased monthly distribution and flexible use of leverage, MFM may appeal to investors seeking current tax-exempt income through a closed-end fund structure.
CEF 
New Hampshire signs blockchain basic laws HB 639 after Bitcoin reserve bill
New Hampshire Governor Kelly Ayotte has signed the HB 639, known as the Blockchain Basic Laws, giving New Hampshire crypto users, miners, and validators new legal protections, while also setting up a dedicated court docket for blockchain disputes.
Famous AI Investor Says This is the ‘Mega Bull Case' For Stocks like NVIDIA, Micron, and Broadcom
Gavin Baker, managing partner and CIO at Atreides Management and a closely watched AI investor on X, laid out what he called the “mega bull case” for AI infrastructure in a post over the weekend.
NVDA 
Chewy: A Discount The Numbers Don't Justify
Chewy remains a Strong Buy, with valuation implying a high margin of safety even under conservative assumptions and challenging macro conditions. Q1 delivered 7.7% YoY net sales growth, $71M FCF, record profitability, and nearly 200,000 net customer additions despite consumer headwinds. CHWY's guidance reflects macro pressure: net sales are expected at $13.40–$13.55B and Adj. EBITDA margin at 6.6–6.8%, but long-term potential remains intact.
CHWY 
BitMine Holds 5.77 Million ETH, Controls Nearly 5% of Supply
BitMine Immersion Technologies ($BMNR) said it now holds roughly 5.77 million Ethereum (ETH), making it the world's largest corporate holder of the asset and giving it control of about 4.8% of ETH's total supply—an unusually concentrated position that underscores how aggressively some public companies are moving to build crypto-heavy balance sheets. In a statement issued Saturday UTC (July 12), the company said the stash brings it to about 96% of its internal target dubbed the ‘Alchemy of 5%'—a goal framed around accumulating 5% of Ethereum's supply.
Lineage Cell Therapeutics, Inc. (LCTX) Discusses COR1 Cell Transplant Program and Manufacturing Strategy for Corneal Endothelial Disease Transcript
Lineage Cell Therapeutics, Inc. (LCTX) Discusses COR1 Cell Transplant Program and Manufacturing Strategy for Corneal Endothelial Disease Transcript
LCTX 
PBOC sets USD/CNY reference rate at 6.7990 vs. 6.7972 previous
PBOC sets USD/CNY reference rate at 6.7990 vs. 6.7972 previous
Fidelity, BNY, Goldman Sachs, JPMorgan, Morgan Stanley, Citi Lead Strategy's Bitcoin Banking Adoption
Fidelity, BNY, Goldman Sachs, JPMorgan, Morgan Stanley, and Citigroup topped the newly launched Strategy Bitcoin Banking Adoption Index, which assessed 25 major global institutions across trading, custody, digital-asset products, financing, and corporate participation.
Grayscale Says Crypto Fundamentals Are Driving Winners as Hyperliquid Outpaces Memecoins
Grayscale says the crypto market is increasingly rewarding projects with strong fundamentals instead of speculative hype, as institutional adoption grows and the prolonged bear market reshapes investor priorities. According to the asset manager, revenue-generating blockchain protocols are outperforming meme-based tokens with limited real-world utility.
$3 Billion in Real-World Assets Migrate to Avalanche in Major Institutional Move
The Japanese firm Progmat announced the successful migration of all its active projects, valued at more than $3 billion dollars in real-world assets (RWA), to the Avalanche public network. This massive infrastructure transition was completed under the “Project Keystone” initiative without causing operational disruptions for the large financial institutions using the service.
Bitcoin Nears Key $65K Resistance as Breakout Odds Continue to Improve
Bitcoin (BTC) has rebounded from lows near $58,000 and is now trading back in the $63,000-$64,000 range, placing the cryptocurrency just below a critical resistance zone that could determine its next major price move. The immediate hurdle remains the 50-day exponential moving average (EMA), currently positioned around $64,600.
Uber's product chief on hotels, robotaxis, and why the company doesn't want to be “everything for everyone”
Uber has spent the last year quietly pushing beyond the two businesses most people associate it with. There's ride-hailing, of course, and delivery, but spend time in the app and you'll now find hotel bookings powered by Expedia, “shop for me” concierge features, and boat rentals in Europe.
UBER 
XRP Price Holds Key Support as Bulls Target Break Above $1.11
XRP continues to face selling pressure after another rejection near local resistance, but the cryptocurrencys recovery outlook remains intact as long as it stays above the crucial $1.00 support level. Trading around $1.07, XRP has yet to reclaim key moving averages, though weakening selling momentum suggests a larger rebound could still develop.
