Stock Market & Financial News
XAI makes its rebrand to SpaceXAI complete with a new logo
xAI has officially been rebranded to SpaceXAI. The change follows SpaceX's historic IPO and acquisition of xAI earlier this year.
SPCX Bitcoin's U.S. reserve still a work-in-progress as federal agencies hash it out
The White House says it's still evaluating the "best structure" for the federal fund to hold bitcoin as a long-term reserve and a separate stockpile of other crypto assets.
Bank of America Stock Hits Record High and Berkshire Hathaway Is a Big Winner
Bank of America stock reached a record high on Monday, rising 2% to $59.90 amid a broader rally in bank stocks.
BAC Trump says Walmart will lower prices after White House request
President Donald Trump said Monday that Walmart has agreed to lower prices on a range of products after a request from his administration tied to the nation's 250th anniversary celebrations. In a post on Truth Social, Trump said Walmart would reduce the price of a pound of ground beef by "almost" 15%.
WMT 
Strategy's Michael Saylor plans tactical Bitcoin sale, hints at larger buy
Saylor's strategy could enhance Bitcoin-per-share value, offering investors a leveraged Bitcoin proxy with potential yield benefits. Strategy's Michael Saylor plans tactical Bitcoin sale, hints at larger buy.
Why Wall Street Is Fired Up About Earnings—and Why There May Be Some Concern
Higher prices for raw materials and semiconductors were likely a boon to S&P 500 earnings last quarter. They could also be a risk.
AMZN 
Rivian forecasts quarterly revenue above estimates
Rivian said it expects to report revenues of between $1.55 billion and $1.65 billion in the second quarter, compared to analysts' estimates of $1.45 billion, according to LSEG data.
RIVN 
Chainlink SVR generates $4M in revenue last week, $12M year-to-date
Chainlink's SVR success highlights the growing importance of oracle solutions in DeFi, but reliance on Aave poses significant concentration risks. Chainlink SVR generates $4M in revenue last week, $12M year-to-date.
ENS DAO Mulls Governance Overhaul With Proposed 5M ENS Token Delegation
The draft proposes the delegation of 5 million ENS tokens from the inactive community treasury, without transferring economic ownership of the assets. The voting power will be fragmented into equal shares of 1 million ENS for five groups: users, integrators, developers, traditional DNS participants, and the governance community.
Visa: How Visa Is Turning Disruption Into Opportunity
Visa is rated Buy, with the current valuation offering a solid margin of safety and strong growth prospects, especially via value-added services. Q2'FY26 saw robust 17% YoY net revenue growth, a 20% EPS increase, and resilient consumer spending, supporting continued bullishness. Value-added services now comprise 30% of V's net revenue, growing ~28% YoY, and are central to mitigating macro and disruption risks.
V 
What Drove This Closed-End Fund ETF's Performance In June?
The exchange-traded fund (ETF) vehicle continues to offer an array of options to provide access points into niche corners of the capital markets. One such area is the closed-end fund (CEF) universe.
BUI 
Bitcoin Has Rallied 10% In July As Stronger Sentiment Fuels Gains
Bitcoin prices climbed roughly 10% as several factors bolstered confidence in the digital asset.
AVAX One CEO Steps Down as Pete Wylie Jr. Takes Charge of $95M Avalanche Treasury
AVAX One CEO Jolie Kahn resigned effective July 3, with COO Pete Wylie Jr. becoming interim CEO while the board searches for a permanent replacement. Kahn's package includes $160,000 cash, medical insurance reimbursements and $250,000 in unregistered shares, while Wylie receives $40,000 per month. AVAX One holds 13.
ITV plc (ITVPY) M&A Call Transcript
ITV plc (ITVPY) M&A Call Transcript
ITVPF 
Strategic Bitcoin Reserve faces legal hurdles as Treasury and Commerce fight over who gets to hold the keys
The unresolved jurisdictional dispute over the Bitcoin reserve highlights the complexities of integrating digital assets into federal asset management. Strategic Bitcoin Reserve faces legal hurdles as Treasury and Commerce fight over who gets to hold the keys.
Why I Made MercadoLibre My Third Largest Position
MercadoLibre remains a high-conviction buy, with a 7% portfolio allocation as the stock found technical support at the 50-month/200 DMA and moved higher since. MELI's top-line growth is accelerating due to strategic investments in shipping, credit cards, and 1P commerce, despite ongoing margin compression. Consensus expects 42% revenue growth and a 12% EPS decline in Q2 FY26; beating EPS estimates could trigger a significant rerating as MELI trades 33% below all-time highs.
MELI 
Gold Is Entering the Most Important Buy Zone of 2026 – Are You Positioned?
Gold's pullback may have handed traders the most important entry point of 2026.
Bitcoin recovers from Strategy's BTC sale, funding rates hit 9%: Are bulls back?
Bitcoin sold off as news of Strategy selling BTC shook investors' nerve but the quick rebound suggests bulls remain ambitiously positioned.
Bitcoin may not be done capitulating – Why a $50K bottom is still in play
Bitcoin's Q3 outlook depends on whether long-term holder conviction holds.
'Orchestration' Is the New AI Buzzword, and Microsoft Can Benefit
Orchestration refers to coordinating tasks across different AI models. It's taking on new importance as enterprises grow cautious with AI budgets.
MSFT 
Solana Meme Coin Bonk Treasury Drained of $20 Million in 'Malicious' Governance Attack
The Bonk DAO wallet was exploited for roughly $20 million worth of the prominent dog-themed meme coin on Solana.
‘Privacy Is No Longer an Afterthought': Vitalik Buterin Unveils 3-4 Year Plan to Rebuild Ethereum
Ethereum co-founder Vitalik Buterin has published a “Lean Ethereum” roadmap that would replace nearly every major component of the protocol over the next three to four years, describing the effort as the network's biggest transformation since the Merge.
Flash Crash or Cash? The AI Hardware Reset Investors Can't Ignore
Recent intraday volatility wiped $137 billion across top memory equities, triggering premature retail investor panic over an impending artificial intelligence (AI) hardware supply glut. The brutal sell-off hit the semiconductor sector after an extended run, prompting many market participants to question whether the memory boom had stretched too far and too fast.
MU 
China's Alibaba bans Anthropic AI for employees after 'distillation attack' accusation
Alibaba will ban employees from using Anthropic's artificial intelligence tools starting Friday. The Chinese company put Anthropic's Claude Code on a high-risk software list.
BABA 
Zoom Communications: Zoom In To See How Cheap The Stock Is
Zoom Communications is rated a 'buy' due to undervaluation, robust AI-driven growth, and a pristine balance sheet. ZM's enterprise revenue grew 7.2%, with large customers rising 8% and non-GAAP operating margin reaching 41.1%. AI Companion adoption surged 184% YoY, driving platform expansion and prompting management to raise full-year guidance.
ZM 
BonkDAO hacked for $20M in BONK tokens via malicious governance proposal
The hack exposes critical vulnerabilities in DAO governance, highlighting the urgent need for stronger security measures to protect investor assets. BonkDAO hacked for $20M in BONK tokens via malicious governance proposal.
Bitcoin Reclaims $63K as BlackRock Absorbs $81M in Minutes
Bitcoin returned above $63,000 after renewed institutional buying helped stabilize the market. BlackRock's IBIT ETF absorbed around $81 million in BTC through Coinbase Prime transactions within minutes. Large Bitcoin holders accumulated more than 270,000 BTC near recent lows as buying pressure increased.
Columbus McKinnon Carries Risk, But With That Comes Real Opportunity
Columbus McKinnon remains a "Buy" despite a 65% share price decline and mixed profitability, as the market undervalues its transformation. CMCO's $2.81 billion Kito Crosby acquisition, funded by debt and preferred stock, drives significant revenue growth and expands the addressable market to $35 billion. Backlog surged to $519.6 million, with management guiding FY27 revenue of $2.05–$2.12 billion and EBITDA of $390–$400 million, reflecting acquisition synergies.
CMCO 
Silver (XAG/USD) Price Forecast: Resistance Test May Decide Next Move
Silver is testing a major resistance zone after a counter-trend rally, with a breakout or rejection likely to determine whether the correction ends or extends lower.
Ex-Nasdaq CEO Warns SpaceX's ‘Unprecedented' Lockup Expiration Could Flood the Market With $800 Billion in Shares
Robert Greifeld, who was NASDAQ's CEO from 2003 to 2017, used a July 6, 2026, CNBC interview to flag what he calls the largest lockup expiration in the history of U.S.
NDAQ 
