Stock Market & Financial News
Evernorth expands into Japan as $1B XRP treasury plan moves forward
Evernorth launched a Japanese account as the XRP treasury firm pursues a Nasdaq listing backed by over $1 billion and SBI Holdings in Japan.
XLB: A Quality Way To Own Materials, Not The Right Entry Point
State Street Materials Select Sector SPDR ETF is rated 'Hold' due to limited upside after a recent sector rebound. The materials sector benefits from infrastructure and manufacturing trends, but much of the cyclical recovery appears priced in. XLB offers efficient, low-cost exposure to large-cap U.S. materials companies, but its concentrated portfolio amplifies cyclicality risks.
XLB Progmat moves ¥452B in tokenized securities to Avalanche
Progmat moved above ¥452 billion in security-token assets from Corda 5 to Avalanche L1, adding EVM support and settlement below two seconds.
USD/JPY Bulls Prepare for Major Move Higher?
USD/JPY and the U.S. Dollar Index are approaching critical technical levels. Razan Hilal, FOREX.com Market Analyst, explains why the Dollar Index holding above 100 could fuel a major USD/JPY breakout toward 170 and beyond, while identifying the key support levels that could instead trigger a bearish reversal for both the dollar and the yen.
Aritzia Shareholders Back Board as CEO Touts 35% Revenue Growth, U.S. Expansion
Aritzia TSE: ATZ shareholders approved all formal items at the company's virtual annual general meeting, including the election of nine directors, the appointment of PricewaterhouseCoopers LLP as auditor and a non-binding advisory resolution on executive compensation.
ATZAF 
USDT usage at 35% in 2026 – What's the key factor driving investors to stablecoins?
The stablecoin sector booms as investors look for more reliable blockchain payment methods.
AVDV: The Commodity Engine Has Cooled, Japan Hasn't
AVDV has returned ~21% since my November Buy. The Japan thesis worked - but the outperformance came from somewhere I did not write about. Japan delivered in line; SCJ actually outran the fund. The breakaway came from a commodity sleeve, mostly gold miners, now cooled. The forward setup has turned. Gold looks rangebound, the Fed is hawkish, and the yen carry gap persists. No currency tailwind, no commodity steam.
AVDV 
Tom Lee Says Ethereum Could Outperform Bitcoin as ETH/BTC Ratio Signals Altcoin Strength
Ethereum may be entering a new phase of outperformance against Bitcoin, according to Fundstrat co-founder Tom Lee, who believes the ETH/BTC ratio is signaling a broader shift in crypto market leadership. Lee has monitored the ETH/BTC ratio for months, describing it as a key indicator of market sentiment.
Bitcoin Holds Steady as Iran Strikes Shake Gold, Oil and Global Markets
Bitcoin remained resilient near $63,800 on Monday despite heightened geopolitical tensions after the United States launched its fourth round of strikes on Iran within a week. While traditional financial markets reacted sharply to the escalating conflict, the worlds largest cryptocurrency traded largely unchanged, highlighting its growing independence from short-term geopolitical shocks.
Microsoft's Satya Nadella takes a veiled swipe at Anthropic and other AI model makers
Satya Nadella criticized AI labs for complaining about distillation attacks. Model distillation involves training AI using more advanced pre-existing AI models.
MSFT 
Bitcoin holds near $63,800 as war-driven selloff hits everything but crypto
Gold, oil, stocks and bonds all moved sharply on the fourth round of U.S. strikes on Iran, but bitcoin is little-changed.
Bank of Thailand targets USDT and cash flows in gray money crackdown
Thailand has been plagued by Chinese-affiliated scam centers, with illicit gains flowing through a “gray money” economy.
Eric Trump's American Bitcoin sinks 95% as stake loses $600M
American Bitcoin shares fell over 95% from their peak, while the miner expanded its Bitcoin reserve beyond 8,000 BTC, after a reverse split.
The US Government Owes $39 Trillion. Here's Why That's Bitcoin's Best Argument Yet
U.S. gross national debt crossed $39 trillion in mid-March, and debt held by the public stood at over $31 trillion. With the Congressional Budget Office projecting a $1.9 trillion deficit in fiscal 2026 and public debt rising to $56 trillion by 2036, Sen.
EUSA: Take Profits (Rating Downgrade)
I am downgrading iShares MSCI USA Equal Weighted ETF to Hold from Buy due to my concern that it could fall substantially. EUSA's sector diversification and low management fee (0.09%) make it an attractive alternative to market-cap-weighted peers, especially for those wary of large-cap concentration. Scenario analysis suggests the fund could outperform in bearish or neutral markets, offering relative downside protection versus S&P 500 ETFs like SPY and VOO.
EUSA 
Solana adds 8.4M new addresses weekly, hits 10.1B transactions in Q1 2026
Solana's rapid network growth and transaction volume boost its competitive edge, potentially influencing future market dynamics and valuations. Solana adds 8.4M new addresses weekly, hits 10.1B transactions in Q1 2026.
Gold slides back closer to $4,050 as Iran risks and Fed hike bets boost USD
Gold slides back closer to $4,050 as Iran risks and Fed hike bets boost USD
Jim Cramer Says Comparing the Mag 7 Is a Mistake: Here Are 5 Reasons Each Stock Is Different
On an early July episode of Mad Money, Jim Cramer walked through the Magnificent Seven one stock at a time and pushed back on treating them as a single basket.
AAPL 
Zapata Quantum Bets Software, AI Partnerships Will Unlock Quantum Computing Value
Zapata Quantum OTCMKTS: ZPTA Chief Executive Officer Sumit Kapur used a presentation at the OTC Markets Global Technology Conference to argue that quantum computing is moving from a hardware-focused phase toward one in which software and applications will determine much of the sector's value.
QMCO 
TSMC to add 2 advanced chip packaging plants in Chiayi, Taiwan minister says
Taiwan Semiconductor Manufacturing Co (TSMC) will add two advanced chip packaging plants in the Chiayi Science Park, the island's science and technology minister said on Sunday.
TSM 
XPeng: Strong June Deliveries Create Upside
XPeng delivered 103,295 vehicles in Q2, surpassing its guidance midpoint and showing strong Mona and GX momentum. Mona-branded deliveries accounted for 36% of June's total, while GX represented 17% of deliveries, supporting expectations for sequential gross margin gains in Q2. The company's price-to-revenue ratio of 0.6x remains higher than peers, but recent downside revaluation enhances its risk/reward appeal.
XPEV 
EUR/USD Recovery Stumbles at Resistance, Leaving Bulls on Alert
The Euro recovered some losses and climbed above 1.1420 against the US Dollar. However, EUR/USD seems to be facing hurdles near 1.1475 and 1.1500.
USD/JPY Falls as Japan Encourages Local Investment
Crude oil prices rose at the start of the week after President Trump said the ceasefire was over and fighting had started again. Stock markets fell, while USD/JPY moved back toward recent highs.
Bitcoin Price Prediction: Eric Trump Calls $1M Target as American Bitcoin Stock Hits Record Low
Bitcoin (BTC) is trading around $63,396 on July 13, 2026. It is still nearly 50% below its all-time high of $126,198. While short-term price action remains choppy, Eric Trump says institutional adoption is accelerating faster than ever. He believes Bitcoin still has a long way to go.
Bitcoin ETFs Draw $197M as Record Eight Week Outflow Streak Ends
BlackRock leads the return to weekly inflows, but low trading activity and uneven fund demand weaken the recovery signal.
GBPUSD – Recovery Faces Strong Headwinds on Approach to Key 1.3400 Resistance Zone
Cable moves within a narrow-range sideways mode for the second consecutive day, after 1% advance last week that completed reversal pattern on weekly chart (after the downleg from 1.3869 was contained by ascending trendline, drawn off 1.0348, 2022 low) and generated positive signal on close above weekly Ichimoku cloud top (1.3335).
Michael Saylor Sparks Speculation After Strategy's $216 Million Bitcoin Sale
Michael Saylor has once again captured the cryptocurrency market's attention, but this time the focus is not on another Bitcoin purchase.
Contango ORE Drops Gold Hedges to Boost Upside as Manh Choh Output Ramps
Contango ORE NYSEAMERICAN: CTGO executives said the company has eliminated its remaining gold hedge book by converting the last 15,000 ounces of hedged gold into debt, a move management framed as increasing shareholder exposure to gold prices while preserving equity.
CTGO 
Circle mints $250M USDC on Solana amid rising liquidity demand in 2026
The increased USDC minting on Solana underscores its strengthening role in DeFi, potentially boosting its market position and price outlook. Circle mints $250M USDC on Solana amid rising liquidity demand in 2026.
CHW: The Discount Is Attractive, But The Strategy Isn't Working (Rating Downgrade)
Calamos Global Dynamic Income Fund is downgraded to 'Hold' due to concerns over higher interest rates and limited upside participation. CHW trades at a 9.45% discount to NAV, offers an 8.1% yield, and maintains strong dividend coverage, but net investment income remains weak. The fund's aggressive 28.83% leverage and income-focused securities may amplify downside risk in a high-rate or declining equity environment.
CHW 
