Stock Market & Financial News
Former Meta Engineer Warns Quantum Computing and Miner Incentives Threaten Bitcoin
Ex-Meta engineer flags quantum risk and shrinking miner rewards as Bitcoin's core vulnerabilities
Bitcoin's $64K rebound has three days before its next big challenge threatens to derail momentum
July 14 will show whether one day of ETF inflows can outlast firm yields and restrained leverage.
Empery abandons part of Bitcoin treasury to tackle debt burden
Empery has sold 1,400 Bitcoin for about $87.1 million since May, using the proceeds to reduce debt, fund acquisitions, cover legal costs, and strengthen its cash position while scaling back part of its Bitcoin treasury.
GAM: Strong History Without Strong Reasons To Own It
General American Investors Company is a nearly century-old closed-end equity fund focused on long-term capital appreciation, not income. GAM trades at an 11.3% discount to NAV, but the discount has persisted historically, making a narrowing unlikely as a catalyst. The portfolio is diversified, tilted toward large, liquid public companies, and shows strong absolute performance, with 5- and 10-year returns above the S&P 500.
GMHLF 
The U.S. Bitcoin Strategic Reserve Gains Momentum, But Faces Legal and Political Challenges
The possibility of the United States establishing a Bitcoin Strategic Reserve has moved beyond a discussion limited to the crypto ecosystem and has become part of a broader institutional debate. The initiative, promoted by the U.S.
Intel's Turnaround Is Accelerating (Rating Upgrade)
Intel has recorded 32 upward EPS revisions and 32 upward revenue revisions with zero downgrades, signaling an unusually broad consensus upgrade. Consensus projects EPS to increase from $1.09 in FY26 to $12.29 by FY35, while revenue is expected to exceed $122.7 billion. Agentic AI is expanding server CPU demand, with the 2030 market opportunity rising to $223 billion, and a bullish scenario reaching $330 billion.
INTC 
Ford's $30,000 EV truck is under wraps. Its camouflage is an ad.
Ford's EV truck has been wearing camo during public testing. That outfit had a QR code which brings curious onlookers to a product announcement site.
F 
$1.5B Bitcoin treasury raise scrapped as SPAC vehicle loses its premium
The collapse underscores the volatility risk in Bitcoin treasury models, highlighting the need for diversified assets and robust market strategies. $1.5B Bitcoin treasury raise scrapped as SPAC vehicle loses its premium.
Former Meta Engineer Dumps Bitcoin, Backs AI Amid Heavy Capital Rotation
A former Google and Meta software engineer stepped back from Bitcoin (BTC) and other digital assets after several losses.
SSR Mining's American Rebirth Unlocks Great Value
SSR Mining Inc. offers a compelling buy opportunity, trading at a 0.76x P/NAV discount post-Çöpler sale and portfolio transformation. Çöpler and Hod Maden exits have eliminated major jurisdictional risks, unlocking $1.5 billion in cash and streamlining the asset base for re-rating. Management is returning $800 million to shareholders via buybacks and a reinstated dividend while maintaining a robust $1 billion net cash buffer.
SSRM 
IShares U.S. Insurance ETF: Separating Financial Sector Winners From Losers
iShares U.S. Insurance ETF (IAK) earns a Very Attractive rating for its superior allocation to profitable, undervalued insurance stocks. IAK's holdings deliver an 18% ROIC, 4% FCF yield, and a low 0.8 PEBV ratio, outperforming SPY and XLF on key profitability and valuation metrics. IAK benefits from strong, recurring macro demand drivers in the insurance industry, including regulatory requirements and embedded coverage in U.S. commerce.
WNRS 
CoreWeave: Bound To Stay An Industry Leader For A Reason
CoreWeave is the leading neocloud operator, trading at a discounted 11.9x forward EV/EBITDA versus the sector median of 15x. CRWV's $99.4B backlog is 98% under five-year take-or-pay contracts with major hyperscalers, supporting robust forward revenue visibility. Backlog risk is real; however, thanks to heavy CapEx, CRWV provides quality and dominance for their clients. Realization of contracts is key.
CRWV 
Sonoco Products Company Doesn't Deserve To Be Kicked To The Can
Sonoco Products Company remains a soft ‘buy' due to its attractive valuation and ongoing cost-cutting initiatives, despite recent underperformance and financial volatility. SON's recent results show declining revenue and mixed profitability, but management expects adjusted net income to rise and is targeting $150–$200 million in cost savings over three years. Recent portfolio actions include the $3.8 billion Eviosys acquisition and divestitures totaling $2.5 billion, aiming to streamline operations and focus on higher-confidence segments.
SON 
Hyundai's Avalanche USDT Pilot: Can Corporate Treasury Transfers Become an AVAX Catalyst?
Hyundai Card moved $20,000 USDT on Avalanche in seven minutes, vs 3–4 hour bank wires. A Europe test with Visa and Circle is next.
Ethereum's Power Use Drops 99.9% Post-Merge, Cambridge Study Finds
CCAF audit finds Ethereum consumption down 99.9%, emissions cut 99.98% post-Merge
Hyundai's ‘real world adoption of USDT' cut transfers to 7 minutes: Details
USDC dominate 2026 stablecoin transfer volume with 63%
Canadian Dollar Recovery Builds as USD/CAD Tests Key Support - Scotiabank Forecast
The US Dollar to Canadian Dollar (USD/CAD) exchange rate has retreated to around 1.4160 after reaching highs above 1.42 earlier this month, with the Canadian Dollar showing signs of stabilising following its steep May and June losses. Scotiabank believes the CAD sell-off may have run its course as short-term US-Canada interest-rate spreads.
XRP News: Weekly RSI Went Oversold Only Twice in 12 Years – Big Rally Coming?
XRP's weekly RSI has dropped below 30 for only the second time in 12 years. The last time this happened, XRP climbed from below $0.30 to over $3.60, seeing a rally of more than 1,100%. Now, with XRP trading near $1.10 again, leaving traders wondering if XRP is preparing for another big rally.
Kanzhun: AI Risk Looks Too Discounted For This Recruitment Platform
I rate Kanzhun Ltd. (BZ) a buy, as the market underestimates AI's positive impact on BZ's recruitment platform. BZ's two-sided scale and direct chat model create defensible network effects, making it difficult for competitors to replicate its value proposition. Growth will be driven by converting more of BZ's 36.8 million verified enterprise users into paid customers, especially among SMEs and blue-collar employers.
BZ 
Solana Music nears launch, aims to disrupt Spotify with new platform
Solana Music's success hinges on sustainable revenue models and overcoming blockchain-music integration challenges to rival Spotify. Solana Music nears launch, aims to disrupt Spotify with new platform.
Ransomware Hacker Pleads Guilty After $15M Bitcoin Extortion Scheme
Federal prosecutors alleged a Ryuk ransomware operation extracted more than $15 million in bitcoin from U.S. organizations. An Armenian national admitted participating in attacks that disrupted hundreds of corporate systems and forced victims to purchase decryption keys with cryptocurrency.
Apple files lawsuit accusing ChatGPT maker OpenAI of stealing trade secrets
Apple on Friday accused OpenAI of stealing trade secrets as it seeks to build its own hardware for ChatGPT, a major rupture in a partnership between the iPhone maker and the artificial intelligence company.
AAPL 
Nexans: From Industrial Conglomerate To Electrification Play
Nexans has transformed into a focused electrification business, prioritizing profitability and exposure to structural growth markets. I rate NXPRF a Buy, as management's margin expansion strategy and targeted acquisitions are not yet fully reflected in the valuation. 2028 guidance targets €1.15 billion adjusted EBITDA (60% growth) and improved free cash flow, driven by higher-margin projects and operational efficiencies.
NEXNY 
VanEck Updates Its Spot Ethereum ETF as the Fee Battle Enters a New Phase
The market for investment products related to cryptocurrencies continues to evolve as issuers adjust their strategies. This time, VanEck has modified the registration documents of its spot Ethereum ETF, a change that occurs as competition intensifies among asset managers.
Gold Price Forecast 2026: HSBC Says Bullion Can Shine Despite Hawkish Fed
The price of Gold has recovered from June's sharp sell-off, and HSBC believes the precious metal can continue to rebound even as a hawkish Federal Reserve keeps US yields elevated. The Gold price in US Dollars (XAU/USD) traded near $4,165 on Friday, up almost 1% on the day after rebounding more than 3% since the start of July.
HP Is A High Yielding Undervalued Tech Stock (Technical Analysis)
HP, Inc. is a high-yield, undervalued tech stock with a bullish technical setup and a nearly 5% dividend yield. HPQ demonstrates strong valuation and profitability grades, with recent upward revisions to EPS and revenue estimates supporting its investment case. Technical analysis shows HPQ trading above its 30-week EMA, with bullish momentum, volume, and relative strength versus the S&P 500.
HPQ 
Lighter burns 15.6 million LIT as crypto's buyback trend gathers pace
On July 10, Lighter burned 15,638,702 LIT tokens it had amassed through its automated buyback program by the end of the second quarter of 2026.
Bitcoin ETF Inflows Hit $90M as Bitcoin Reclaims the $64K Level
BlackRock dominates July 10 fund demand as Ethereum ETFs attract $18.43 million and Bitcoin approaches the key $65,000 resistance zone.
Chainlink News: Bitwise Buys More LINK as ETF Inflows Return
Chainlink news is flashing bullish signals again. While much of the crypto market remains cautious, institutional investors appear to be making their move. Bitwise has accumulated over $2 million worth of LINK in four weeks, spot Chainlink ETFs have resumed net inflows, and CCIP adoption continues to strengthen the network's long-term value proposition.
GE Vernova Nuclear: Small Revenue Now But A Big Future
GE Vernova is positioned as a leader in the nuclear renaissance, leveraging 65 years of experience and a robust global presence. GEV's BWRX-300 Small Modular Reactor is commercially contracted, with construction underway in Canada and strong prospects in Poland, the UK, and the US. Nuclear currently comprises 2.6% of GEV revenue, but SMR contracts could drive steady-state nuclear revenue to $2B/year, accelerating from 2026 onward.
GEV 
