Tesla stock (NASDAQ: TSLA) extended its decline heading into Friday as investors questioned whether SpaceX could realistically finance a takeover of Elon Musk's electric-vehicle company. Tesla fell 0.9% to $391.06 on Thursday, while SpaceX slid 3.1% to $131.11, below its $135 IPO price.
Euro: Bullish bias but capped by resistance against US Dollar – UOB
Cardano (ADA) is currently hovering between $0.161 and $0.163 as of July 16–17, reflecting a modest decline of approximately 1.39% amid bearish positioning by short sellers in anticipation of an upcoming network enhancement.
The mega trade aims to profit from a potential surge in ether price turbulence.
Summary:USD/CNH remains range-bound as the People's Bank of China (PBoC) continues to support the yuan with stronger daily fixings. Safe-haven demand for the US dollar is offsetting pressure from softer US inflation and expectations of a less aggressive Federal Reserve.
According to RWA.xyz tracking data, Solana has absorbed over $900 million in net capital directed toward real-world assets throughout the previous month. This performance positions the network at the forefront among major blockchain platforms during this timeframe.
US spot Bitcoin ETFs attracted $79.2 million on Thursday, lifting their three-day inflow total to about $368 million as Bitcoin attempted a price recovery.
PIMCO Dynamic Income Opportunities Fund offers an 11.7% yield and trades at a modest 2.3% premium to NAV. PDO provides reliable monthly income, benefiting income-focused investors, especially during periods of equity market volatility and rate stability. Distribution coverage has improved significantly in 2026, with fiscal year-to-date coverage now above 91%, supporting the fund's payout sustainability.
Intel Corp. is scheduled to report second quarter earnings on July 23, with Visible Alpha consensus pointing to revenue of $14.4 billion, up 12% from a year earlier. Revenue from the Data Center and AI segment is forecast to climb 42% YoY to $5.6 billion, reflecting continued investment by hyperscale cloud providers and enterprises in AI infrastructure and custom processors. INTC recently outlined a €5 billion ($5.7 billion) investment to upgrade its Irish manufacturing campus, part of its broader strategy to expand advanced semiconductor production in Europe and capitalize on rising demand for AI and high-performance computing.
Solana has captured over $900 million in net real-world asset (RWA) capital during the most recent 30-day window, based on statistics from RWA.xyz. This performance positions SOL at the forefront among major blockchain platforms throughout this timeframe.
The scenario of a bitcoin freed from its cycles thanks to the arrival of institutional investors is wavering. While the market was settling into almost unanimous confidence, NYDIG cools the ardor with an analysis that recalls an old rule: every phase of euphoria eventually calls for a correction.
Strong U.S. retail sales and resilient jobless claims reinforce the Fed's cautious stance. Explore the latest outlook for DXY, EUR/USD and GBP/USD.
The works council of German carmaker Volkswagen said on Friday it will host extraordinary staff assemblies in August with CEO Oliver Blume, giving workers the opportunity to grill him on management plans to radically overhaul the company.
Trading activity shows XRP hovering around $1.11 following a greater than 5% bounce from its recent bottom near $1.05. This upward momentum has coincided with intensified purchasing from large-scale investors and declining token availability on major exchanges.
Visa, Stripe and Google have joined the x402 Foundation as premier members, adding three of the biggest names in payments and search to an effort to build an open standard for machines that pay each other. The foundation, affiliated with the Linux Foundation, is developing x402, a protocol that lets AI agents transact with each other and with people directly over the web, without subscriptions or a human typing in card details.
Advanced Drainage Systems NYSE: WMS held its annual meeting of stockholders virtually, with shareholders approving all three proposals presented by the company, according to meeting remarks from President and CEO D. Scott Barbour and Secretary Scott Cottrill.
The artificial intelligence boom is being held back by what the industry cannot build rather than what customers will not buy, according to Rene Haas, chief executive of Arm Holdings PLC (NASDAQ:ARM), the chip designer. Haas told CNBC that demand for chips, data centres, energy and skilled workers is running ahead of available capacity, creating a bottleneck he expects to persist for the next two to three years.
British Pound: Pullback pauses within near-term range against US Dollar – UOB
Abacus Global Management, Inc. (ABX) Analyst/Investor Day Transcript
AUD/USD Price Forecast: More upside likely amid stabilization above 20-day EMA
Ethereum experienced a brief surge past $1,930—marking its highest point in recent weeks—after the release of softer US inflation figures, only to slide back toward $1,850 as market participants secured gains and geopolitical concerns resurfaced.
SK hynix is the current HBM leader, with roughly 58% market share and strong exposure to Nvidia's AI platform roadmap. HBM remains supply-constrained, while hyperscaler capex is still being revised upward despite higher component pricing. New memory capacity should take years to meaningfully come online, supporting pricing, margins, and earnings through the current cycle.
Euro: Looking for direction against US Dollar – Commerzbank
First Solar is attractively valued post-pullback, with strong fundamentals and compelling national security-driven tailwinds. FSLR's differentiated technology and minimal reliance on Chinese supply chains position it for large-scale utility and government projects. Solid financials: TTM PE of 14.46, forward PE under 13, 27.3% YOY revenue growth, 30.7% net income margin, and robust free cash flow.
Bitcoin (BTC) experienced a downturn to approximately $63,000 on Friday as mounting geopolitical concerns and political instability created headwinds for risk-sensitive assets across the crypto sector.
Burberry posted flat sales growth for its first quarter, but noted that it saw growth across divisions for the first time in three years.
Kodal Minerals PLC (AIM:KOD), the West African lithium producer, has received an initial $13 million repayment from the operator of its Bougouni project in Mali, as strong spodumene prices continue to underpin the operation. The payment from mining company Les Mines de Lithium de Bougouni (LMLB) to Kodal Mining UK (KMUK) represents the first repayment of loans advanced to finance capital expenditure at the mine.
Burberry Group PLC (LSE:BRBY) has had its best quarter in years, and trench coats are leading the charge. The British luxury house posted first-quarter retail revenue of £455 million for the 13 weeks to 27 June, up 5% on last year, with comparable sales also climbing 5%.
The U.S. Treasury has expanded sanctions tied to Iran's central bank to include four cryptocurrency wallets, triggering another large-scale freeze of Tether (USDT) and underscoring how geopolitical risk is increasingly intersecting with market plumbing in digital assets. According to a report from Odaily, the newly sanctioned wallets were linked to Iran's central bank.
The Virtus Diversified Income & Convertible Fund offers a 7.76% yield, primarily through convertible bonds with significant technology sector exposure. ACV's convertible-heavy portfolio provides downside protection versus equities and higher yields than common stock, but total returns may lag in bull markets. Despite tech concentration, ACV's largest holdings differ from the S&P 500, reducing single-company risk but maintaining sector vulnerability.