Euro: Range trading with downside risks against US Dollar – UOB
Ross Gerber says Michael Saylor's leveraged Strategy model hurts Bitcoin after the group sold BTC to fund preferred-share dividends in July.
TSMC's second-quarter revenue beat market expectations, giving investors another sign that demand for AI chips remains strong heading into the semiconductor earnings season. The world's largest contract chipmaker reported April-June revenue of NT$1.27 trillion, or about $39.63 billion, up 36% from a year earlier and slightly ahead of the NT$1.264 trillion expected by analysts.
The Pound to Euro (GBP/EUR) exchange rate extended its recent rally last week, with Sterling repeatedly climbing to fresh one-year highs as fading UK political uncertainty and diverging central bank expectations continued to favour the Pound. At the time of writing, GBP/EUR was trading at €1.1741, close to its highest level since June.
Domino's Pizza demonstrates consistent top-line growth and a reliable history of dividend increases. DPZ's forward dividend yield of 2.66% stands about 9% above the sector median, enhancing its appeal as a revenue compounder. I view the stock's steady growth as justifying premium valuation but acknowledge risks from margin erosion, competition, and pressured consumer spending.
John Deaton says 75,000 XRP holders helped Ripple resist SEC pressure as the closed case returns to focus after executive accounts surfaced.
TSMC reported a 6.2% month-on-month revenue increase in June. The company reported a first-half revenue of NT$ 2404.48 billion for 2026, marking a 35.6% increase compared to the same period last year.
The Bank of Thailand is reportedly reviewing high-value USDT transactions as part of an effort to strengthen anti-money laundering oversight, according to recent reporting from Thai financial media. The move signals growing regulatory attention toward stablecoin-denominated transfers in Southeast Asia.
The Hang Seng Index has stalled at a key resistance level as the recent momentum in China's technology sector fades. The index was little changed on Monday, trading at around 24,200, up 7.7% from its lowest level of the year.
Evernorth launched a Japanese account as the XRP treasury firm pursues a Nasdaq listing backed by over $1 billion and SBI Holdings in Japan.
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.
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 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 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.
The stablecoin sector booms as investors look for more reliable blockchain payment methods.
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.
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 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.
Satya Nadella criticized AI labs for complaining about distillation attacks. Model distillation involves training AI using more advanced pre-existing AI models.
Gold, oil, stocks and bonds all moved sharply on the fourth round of U.S. strikes on Iran, but bitcoin is little-changed.
Thailand has been plagued by Chinese-affiliated scam centers, with illicit gains flowing through a “gray money” economy.
American Bitcoin shares fell over 95% from their peak, while the miner expanded its Bitcoin reserve beyond 8,000 BTC, after a reverse split.
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.
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.
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
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.
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.
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.
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.