Stock Market & Financial News
Here's Why Cboe Global's Revenue Growth Is More Than a Trading Story
Cboe Global's revenue growth extends beyond trading, powered by options strength, recurring data services, global expansion and a diversified revenue mix.
GTLL Cummins: The Downcycle Is Ending, And The Upside Is Building
Cummins (CMI) is well-positioned for Q2 upside as North America on-highway markets exit their cyclical downturn, supporting a continued Buy rating. Q2 earnings are set up for a material beat, with modeled EPS of $8.28 versus Street at $7.24, driven by accelerating Engine and Components growth. CMI's 2030 roadmap targets $45–$50B revenue and 20% EBITDA margin, implying 8% annual top-line growth and 50bps yearly margin expansion.
CMI Allegro MicroSystems: Riding The 800-VDC Transition Across Robotics, Autos And More
Allegro MicroSystems, Inc. is positioned for multiyear growth via automotive, data center, and industrial robotics markets, but shares reflect much of the near-term upside. Key ALGM growth drivers include higher content per vehicle, data center transition to 800-VDC, and an inflection point in robotics/physical AI expected in CY27. ALGM's balance sheet has improved, with leverage down to 0.65x net debt/aEBITDA, supporting strategic M&A, debt reduction, and opportunistic share repurchases.
VDC American Bitcoin Corp Expands Bitcoin Holdings, Surpasses 8,000 BTC Milestone
The US company American Bitcoin Corp (ABTC), a subsidiary of Hut 8 Corp trading on Nasdaq, added 500 BTC to its treasury.
Bitcoin's Sharpe Ratio Falls to Lowest Level Since 2022 — What Investors Should Know
Bitcoin's Sharpe Ratio dropped to its lowest level since 2022, signaling weak risk-adjusted performance during the past year. Despite the decline, several analysts view the metric as a potential sign of seller exhaustion similar to previous market bottoms. BTC currently trades at $63,723 after gaining 1.
Canadian Dollar Short-term Outlook: USD/CAD Coils Below Resistance—Breakout Looms
USD/CAD is consolidating just below major resistance after a powerful multi-week rally carried the pair into fresh yearly highs. The tight range highlights a market coiling for its next directional move, with the July opening range now taking shape beneath a key technical barrier.
The Second-Biggest Stock Sale in History Hits the Nasdaq Friday, and Chip Stocks Are Ripping
SK Hynix, the world's second-largest memory-chip maker, is coming to the NASDAQ on Friday with the largest stock sale anyone has priced in years, and the chip complex is already pricing it in.
NDAQ 
Will AI Kill Bitcoin? Miners Are Abandoning the Network, and One Analyst Set a 2028 Deadline
Bitcoin miners are quietly doing the math and defecting. The power, the cooling, the fiber, the substations.
IBIT 
Is XRP Really ‘Nothing'? Exclusive: What Hayes and Hoskinson Are Missing About Ripple
Arthur Hayes called XRP “absolutely nothing” last week. Charles Hoskinson took a swipe at Ripple CEO Brad Garlinghouse's approach to regulation. Edo Farina, an analyst and XRP supporter, addressed both in an exclusive interview with Coinpedia. Hayes: Price Loyalty, Not Substance Hayes framed his argument around early price gains rather than technology.
OranjeBTC buys 8 Bitcoin, increasing total holdings to 3,904 BTC
OranjeBTC's strategic Bitcoin accumulation positions it as a key player in LATAM's crypto market, offering investors unique exposure and potential growth. OranjeBTC buys 8 Bitcoin, increasing total holdings to 3,904 BTC.
Why Palantir Could Deliver 40% Annual Returns Through 2030 (Rating Upgrade)
Palantir Technologies Inc. is upgraded to Strong Buy, driven by its dominant AI application-layer positioning and robust product-market fit. PLTR is expected to benefit from AI commoditization, capturing premium margins as the primary owner of business outcomes for clients. Analyst forecasts project aggressive revenue growth to $69B by 2030, with net margins approaching 50%, which could drive annualized returns of 26%–40%.
PLTR 
Ripple UK CEO Cheers New European Win That May Strengthen XRP and RLUSD Adoption
Ripple received full approval of its Crypto Asset Service Provider (CASP) license from the Financial Sector Supervisory Commission (CSSF) of Luxembourg, completing the process initiated with the preliminary approval of June 2026.
ENS DAO Proposes 5M ENS Delegation in Governance Overhaul
ENS DAO is considering a draft proposal to delegate 5 million ENS tokens across multiple stakeholder groups, a governance restructuring effort that could significantly reshape voting power distribution within one of Ethereum's most prominent decentralized organizations.
HGER: An "All Weather" Strategy On Commodities That I Thought Didn't Exist
Harbor Commodity All-Weather Strategy ETF (HGER) employs a unique, rules-based active strategy, emphasizing quality scoring and economic significance for commodity weighting. HGER's current tactical overweight to precious metals and petroleum reflects its mechanical response to a 'debasement' regime and recent market dynamics. While HGER has outperformed peers like PDBC, BCI, and FTGC, its volatility, driven by petroleum exposure, remains a material risk.
HGER 
The AI Trade Is Off to a Hot Start This Week as Chip, Memory Stocks Surge
The AI trade is off to a strong start this week, with several chip and memory stocks among the biggest gainers in the S&P 500 and Nasdaq on Monday.
AMD 
Micron Is Knocking on $1,000 Again. Is the AI Memory Trade Just Getting Started or a Bull Trap?
Micron Technology (NASDAQ:MU | MU Price Prediction) closed at $1,007.49 on July 6, 2026, up 3.27% on the day from Thursday's $975.56 close.
MU 
Sky's £1.6 Billion ITV Deal Buys The Last Scarce Asset In British TV
Sky has agreed to acquire ITV Media & Entertainment—the ITV channels, the ITVX streaming service and the advertising business that funds them—for up to £1.6 billion. The deal, announced Monday, would fold the UK's biggest commercial broadcaster into the UK's biggest pay-TV operator.
ITVPF 
Apple, Broadcom Expand Custom Chip Partnership | Bloomberg Tech 7/06/2026
Bloomberg's Ed Ludlow breaks down Apple's big bet on Broadcom for the future, extending its custom chip partnership through 2031. Plus, Microsoft eyes a massive reorganization of its Xbox unit with plans to eliminate 20% of its staff over the next year, and SK Hynix begins marketing its US listing with plans to sell roughly $28 billion in American depositary receipts.
AAPL 
Rivian stock jumps as JPMorgan raises target after strong Q2 deliveries
Shares of Rivian Automotive Inc. (RIVN) climbed more than 5% on Monday after JPMorgan raised its price target following the electric vehicle maker's stronger-than-expected second-quarter delivery results. The stock RIVN rose about 6% to $19.75 during trading, outperforming the broader market as investors reacted positively to the company's improved delivery outlook and growing optimism surrounding its new R2 vehicle platform.
RIVN 
VV: Broad In Name, Concentrated In Risk
Vanguard Large-Cap Index Fund ETF remains a Hold due to high valuation, unfavorable positioning, and macroeconomic headwinds. VV's recent underperformance is driven by AI-related capital expenditures from hyperscalers and a lack of clear AI ROI across sectors. Current market optimism is not reflected in earnings or inflation data, with the S&P 500 Shiller Excess CAPE Yield at a decade low of 1.3%.
VV 
Strategy sells bitcoin at a loss to cover preferred stock dividends
Strategy's Bitcoin sale highlights the financial strain of maintaining dividend obligations, impacting market stability and investor confidence. Strategy sells bitcoin at a loss to cover preferred stock dividends.
Is the Options Market Predicting a Spike in Adherex Technologies Stock?
Investors need to pay close attention to FENC stock based on the movements in the options market lately.
FENC 
OUT Stock Surges 35.8% in 6 Months: Will It Continue to Rise?
OUTFRONT Media OUT shares have gained 35.8% in the past six months compared with the industry's growth of 9.9%.
OUT 
SanDisk Ripped 3,700% in a Year. Now the Smart Money Is Quietly Cashing Out.
A stock that traded at $45 a year ago now changes hands near $1,729. That is a 3,718% gain in twelve months for SanDisk (NASDAQ:SNDK | SNDK Price Prediction), and Axios rounded the headline to roughly 3,700%.
SNDK 
Rocket Lab Falls 7%, AST SpaceMobile Drops 5%, Intuitive Machines and SpaceX Slip 3% as Space Stocks Pull Back
Shares of space stocks are selling off across the board midday Monday, with the group's leaders giving back a chunk of last week's sharp gains.
ASTS 
Ethereum Developers Back Vitalik Buterin's Long‑Term Vision but Push for Faster Execution
Leading researchers and developers of Ethereum welcomed the updated Lean Ethereum roadmap shared by co-founder Vitalik Buterin, though they agreed that the greatest challenge will not be defining what to build, but how fast to get there. The document proposes deep changes across nearly all of the network's core components: greater speed, lower operational costs, enhanced privacy and resistance to quantum computers.
Aumovio SE (AMVOY) Discusses Pre-Close Update on Transformation Progress, Market Conditions, and Outlook Transcript
Aumovio SE (AMVOY) Discusses Pre-Close Update on Transformation Progress, Market Conditions, and Outlook Transcript
AMVOY 
Do Options Traders Know Something About Hudson Technologies Stock We Don't?
Investors need to pay close attention to HDSN stock based on the movements in the options market lately.
HDSN 
As Employers Drop Obesity Drug Coverage, Hims & Hers Could Be the Winner
The healthcare sector is one of the best-performing sectors in the S&P 500 over the past month, with a gain of around 6%. But while that rebound has been led by a handful of mega-cap Big Pharma companies, it has also been reflected in the performances of smaller firms.
EIG 
Terawulf Stock Surges After Kentucky Data Center Deal With Anthropic
Terawulf Inc (NASDAQ:WULF) is up 7.5% to trade at $22.74 this afternoon, set to snap a seven-day losing streak, thanks to its newly penned deal with Anthropic.
WULF 
