TLDRAMD and Cerebras Build a Disaggregated AI Inference PlatformPlatform Targets Real Time AI ApplicationsDeployment Plans Expand AMD Helios AdoptionGet 3 Free Stock Ebooks AMD stock rebounds after unveiling a new AI inference partnership with Cerebras. Helios and Wafer-Scale Engine target faster AI responses with lower latency. Joint platform delivers up to 5x higher tokens per second per watt efficiency. Disaggregated architecture separates prompt processing from token generation. Cerebras Cloud will launch the combined AI solution in the second half of 2026. Advanced Micro Devices (AMD) shares closed at $539.69, down 2.29%, before rising 1.54% in after-hours trading to $548.00. The rebound followed the company’s announcement of a technical partnership with Cerebras Systems. The collaboration introduces a disaggregated AI inference platform built to improve speed, efficiency, and large-scale deployment.
Advanced Micro Devices, Inc., AMD
AMD and Cerebras Build a Disaggregated AI Inference Platform AMD partnered with Cerebras Systems to launch a new AI inference solution during Advancing AI 2026. The platform combines AMD Helios rackscale systems with the Cerebras Wafer-Scale Engine. The companies target higher inference performance across demanding enterprise workloads.
The joint platform separates prompt processing from token generation within a single inference workflow. AMD Helios manages high-throughput prompt execution and large context windows. The Cerebras Wafer-Scale Engine accelerates token generation with ultra-low latency.
The companies expect the combined architecture to deliver up to five times higher tokens per second per watt. This improvement increases processing efficiency while supporting demanding AI applications. As a result, the platform addresses performance and power requirements simultaneously.
Platform Targets Real Time AI Applications AI inference workloads now require different infrastructure for different computing tasks. Some deployments focus on maximum throughput for large request volumes. However, coding tools, autonomous agents, and live assistants require much faster response times.
The new platform assigns each workload stage to specialized hardware. AMD Helios processes prompts while maintaining high throughput across rack-scale deployments. The Cerebras Wafer-Scale Engine handles memory-intensive token generation with lower latency.
This architecture supports software development, robotics, scientific research and autonomous systems. Faster token generation improves response quality during interactive workloads. The combined platform addresses applications where processing speed directly affects system performance.
Deployment Plans Expand AMD Helios Adoption Cerebras plans to deploy AMD Helios systems across its data center infrastructure. The companies expect to introduce the joint offering through Cerebras Cloud during the second half of 2026. This deployment expands the commercial reach of AMD’s latest AI infrastructure.
The announcement strengthens AMD’s strategy to expand beyond AI training into inference computing. Demand for inference infrastructure continues growing as organizations deploy larger production AI systems. Therefore, hardware providers increasingly optimize platforms for specialized computing tasks instead of general-purpose processing.
The partnership also reflects broader industry adoption of heterogeneous computing architectures. Companies now combine specialized processors to improve efficiency across different AI workloads. AMD’s after-hours share rebound followed the announcement as the market reacted to the company’s expanded AI infrastructure strategy.
According to HTX market data, Bitcoin has broken through $66,000, currently trading at $66,005.32, with a 0.32% drop over the past 24 hours.
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Iran's Ministry of Interior: No negotiations are currently underway with the United States, but "information exchanges" are possible.
According to Iran's Mehr News Agency, a spokesperson for Iran’s Ministry of Interior stated that Iran is not currently negotiating with the United States, but "information exchange" between the two sides is possible.
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US stock futures are lower, with all three major indices declining.
According to market data from BIT (Bit.com), US stock futures are trending lower: Nasdaq 100 Index futures fell 1%, S&P 500 Index futures dropped 0.4%, and Dow Jones futures declined 0.3%.
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Binance saw a net outflow of 9,030 BTC yesterday, marking the largest single-day withdrawal volume in nearly five months.
According to monitoring by Ruga Research, Binance recorded a net outflow of 9,030 BTC yesterday, equivalent to roughly $589 million at current prices, marking the largest single-day BTC net outflow in nearly five months. Data shows that Binance’s 30-day BTC net flow momentum indicator has rebounded from approximately -21% to 0. Over the past year, every time this indicator recovered from negative territory to near zero, BTC prices saw further gains afterward.
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South Korean President Lee Jae-myung will attend the San Francisco AI Summit and is scheduled to meet with the CEOs of NVIDIA, OpenAI, Anthropic, and Broadcom.
According to South Korea's presidential office, South Korean President Lee Jae-myung will attend the artificial intelligence summit held in San Francisco, the U.S. During the event, he plans to hold separate meetings with the chief executives of NVIDIA, OpenAI, Anthropic, and Broadcom to discuss topics including AI industry cooperation.
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Bank of Japan official: Yen weakening intensifies inflation risks, open to faster interest rate hikes
A Bank of Japan official says the recent weakening of the yen is creating upside risks to inflation, and is open to raising interest rates more frequently than once every six months. (Jinshi)
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Binance Alpha will launch its airdrop at 19:00 UTC+8 today, featuring a newly upgraded Alpha Box model. The airdrop pool consists of tokens from multiple projects. Users holding at least 256 Alpha points are eligible to claim one token reward on a first-come, first-served basis. A total of 15 Alpha points will be deducted for claiming the airdrop. Furthermore, the airdrop is structured with three reward tiers: Common (accounting for 80% of the reward pool), Rare (15%), and Ultra Rare (5%), each with a distinct Alpha Box value. During claim, the system will automatically assign users to one tier, and rewards will be distributed proportionally based on the tier. Should any rewards remain unclaimed, the point threshold will automatically drop by 5 points every 5 minutes.
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Ionic Digital to list on Nasdaq on July 28 under stock ticker IOND.
Ionic Digital expects its shares to begin trading on the Nasdaq Global Select Market on July 28, after the U.S. Securities and Exchange Commission (SEC) declared its registration statement effective, clearing the final major regulatory hurdle for the company’s long-planned listing. According to a company statement, Ionic’s stock ticker will be “IOND”. The firm opted for a direct listing rather than a traditional initial public offering (IPO), meaning it will not issue new shares nor receive any proceeds from the transaction; instead, existing registered shareholders will be able to sell their holdings on the public market. Ionic was originally formed to take over Bitcoin mining assets from the Celsius estate, before pivoting to position itself as a broader digital infrastructure company serving artificial intelligence (AI) and high-performance computing (HPC) workloads. The company first submitted its Form S-1 registration statement earlier this month. Ahead of the listing, Ionic has raised roughly $400 million to support data center construction and fuel its business shift from Bitcoin mining to a wider digital infrastructure focus.
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US stocks open, with all three major indices rising across the board.
According to market data from BIT (bit.com), at the opening of US stock markets, the Dow Jones Industrial Average rose 0.29%, the S&P 500 increased 0.6%, and the Nasdaq gained 1.04%. US storage sector stocks rose broadly: SanDisk (SNDK.O) and Western Digital (WDC.O) climbed around 9%, while SK Hynix (SKHY.O), Micron Technology (MU.O), and Seagate Technology (STX.O) gained approximately 7%.
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The Philadelphia Semiconductor Index opened 4.8% higher.
According to market data from BIT (bit.com), the Philadelphia Semiconductor Index opened up 4.8%.
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Grayscale appoints Sebastian Pulido as Head of On-Chain Asset Management.
According to official announcements, Grayscale has appointed Sebastian Pulido as Head of On-Chain Asset Management, where he will lead the firm’s on-chain product strategy. Sebastian previously held roles at Aave Labs, Goldman Sachs, and JPMorgan’s Kinexys team, bringing extensive experience in institutional finance and digital assets.
Blockchain infrastructure developer Jito Labs has announced the launch of JTX, a Solana-based self-custody trading platform designed exclusively for professional traders. JTX initially offers spot trading, supporting a variety of Solana ecosystem assets including cbBTC, SOL, HYPE, and meme coins, alongside trading for tokenized real-world assets (RWAs) such as stocks and ETFs. The platform also integrates professional trading features tailored for on-chain markets.
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WTI crude oil rises above $85 per barrel, up 2.52% on the day.
According to Bitget's market data, WTI crude oil has climbed above $85 per barrel, with an intraday gain of 2.52%.
The wealthiest sliver of Americans now commands an unprecedented share of the nation’s income.
This elite group holds a whopping 12% of total US national income, a level more than four times higher than after the 2008 financial crisis, reports The Kobeissi Letter, citing data from economists Emmanuel Saez and Gabriel Zucman.
“The richest Americans have never controlled this much wealth…
National income measures the total income earned across the economy, including wages, business profits, and investment income.”
Historical data shows this share stayed below 1% from the 1950s through the 1990s, underscoring how far current levels exceed long-term norms.
Kobeissi says the surge stems primarily from strong gains in equities and real estate holdings that have disproportionately benefited the highest earners.
He believes asset owners are the big winners in this environment as record equity market gains and rising real estate prices drive the concentration.
Intel stock sank roughly 8% on July 15, closing near $103 despite ASML confirming a major milestone for its foundry business and its most advanced manufacturing node.
The collapse revived an old Wall Street joke, since Jim Cramer had praised the stock hours earlier.
The Inverse Cramer Effect Strikes IntelThe Inverse Cramer Effect describes the perceived pattern in which stocks tumble shortly after CNBC host Jim Cramer publicly recommends them. Traders treat the phenomenon as a running joke rather than an actual strategy, yet July 15 delivered textbook material for the believers.
Cramer called Intel his favorite stock earlier that morning, highlighting its role as a key ASML customer. Hours later, the shares collapsed, and social media wasted absolutely no time reviving the old meme.
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The numbers behind the session explain the drama. Intel opened above $109, hit an intraday low near $99, and closed around $103, according to TradingView data. The stock shed more than $4.77 against Tuesday’s close of roughly $107.76.
The irony runs much deeper than pure timing. ASML announced that same day that Intel Foundry now uses its High-NA EUV technology in high-volume production for part of the Panther Lake processors, branded Core Ultra Series 3.
That milestone matters for the 18A node and strengthens Intel’s position in advanced lithography. Good news, however, proved completely useless against the broader market mood on Wednesday.
Why Did Intel Fall Despite the Good NewsMacroeconomic conditions ultimately dominated the entire session. Hotter-than-expected inflation data trimmed expectations for Federal Reserve rate cuts, pressuring the entire technology and semiconductor sector throughout the session.
Intel also arrived at the session looking exhausted. The stock had rallied more than 300% over the past year, leaving it clearly exposed to profit-taking. Doubts about the sustainability of artificial intelligence spending added yet another layer of caution among investors.
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Intel (INTC) Stock Price Performance. Source: TradingViewThe company’s underlying strategic progress remains real enough. Intel committed $5.7 billion to expand production capacity in Ireland and continues advancing its most sophisticated manufacturing nodes.
Investors, though, keep demanding much harder evidence. Their checklist includes margins, manufacturing yields, and external customers for the foundry business, not just technological milestones announced by its partners.
Attention now shifts toward the second-quarter results, scheduled for July 23. The July 15 session exposed how sensitive Intel remains to macroeconomic and sentiment-driven swings, even when technical catalysts favor the company.
In a sector as volatile as semiconductors, operational wins can easily vanish under a hostile market backdrop.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
ZTE Corporation's smartphone brand nubia announced that its first AI agent smartphone, the nubia NaviX Ultra equipped with Doubao Mobile Assistant, has made its official debut. (Jinshi)
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Yesterday, U.S. Bitcoin spot ETFs recorded a net inflow of $107.7 million, while U.S. Ethereum spot ETFs saw a net inflow of $53.9 million.
According to data from Farside Investors, U.S. spot Bitcoin ETFs saw a total net inflow of $107.7 million yesterday. Among them, BlackRock’s IBIT attracted $80.8 million, Fidelity’s FBTC recorded $16.9 million in net inflows, Grayscale’s Bitcoin ETF posted $10 million, while all other ETFs had zero net flows for the day. In the same period, U.S. spot Ethereum ETFs totaled a net inflow of $53.9 million. Breakdown shows BlackRock’s ETHA brought in $45.3 million, ETHB had $4 million, Grayscale’s Ethereum ETF recorded $4.6 million, with all other ETFs registering no net inflows on the day.
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South Korean media reported that Jensen Huang highly praised SK Hynix for its listing on the Nasdaq.
According to South Korean media reports, SK Hynix has raised a massive sum of up to 40 trillion won (approximately $307.6 billion) via its listing on the U.S. Nasdaq market, with the goal of consolidating its leadership in the artificial intelligence (AI) semiconductor market. Jensen Huang, CEO of NVIDIA (NVDA.O) — the global leader in the AI chip sector — extended warm congratulations on the listing. Per industry sources, on July 16, after concluding an event held in Tokyo, Japan, the day before, Huang expressed extreme delight over the listing of SK Hynix's American Depositary Receipts (ADRs), calling it "extremely successful". (Jinshi)
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Analysis: Changxin Technology’s profit range for winning one IPO lot is estimated to be between 3,000 yuan and 26,000 yuan.
According to Cailian Press, investors who win the IPO allotment for Changxin Technology’s current offering will receive one lot of 500 shares, requiring a total payment of 4,330 yuan. Under four valuation scenarios—conservative, neutral, optimistic, and ultra-optimistic—Changxin Technology’s valuation would reach 1 trillion yuan, 1.5 trillion yuan, 2.3 trillion yuan, and 4.25 trillion yuan respectively. Based on the estimated market capitalization range of 1 trillion to 4 trillion yuan, its first-day post-listing price increase is projected to fall between 70% and 600%. Compared to the issue price of 8.66 yuan, the profit potential per lot is approximately 3,000 yuan to 26,000 yuan.
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Bank of America Market Survey: Majority of investors do not believe the AI bull market has peaked, with the rally set to continue in the second half of the year.
Bank of America (BofA)’s latest investor survey reveals market sentiment toward AI capital expenditure is growing more nuanced. Most investors do not think the AI spending boom has peaked, and still expect this wave of expenditure to continue in the second half of the year. At the same time, concerns are rising over hyperscalers’ excessive spending pace, debt pressure and credit risks. The survey shows investors are not broadly betting on the end of the AI cycle. Instead, the market still believes large platforms including Microsoft, Amazon, Alphabet and Meta will keep expanding investments in data centers, GPUs and power infrastructure. The problem is that the pace of capital expenditure growth has become so fast that some investors are starting to worry about free cash flow, share repurchase capacity and balance sheet flexibility. Per BofA’s survey methodology, AI has evolved from a pure growth story to a capital discipline issue. Over the past two years, the market rewarded companies for heavy AI investments; now, investors are starting to question the return periods of these investments, depreciation pressures, and whether cloud providers will be forced into overbuilding amid competition.
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Three new wallets withdrew 30,000 ETH from Coinbase Prime, worth approximately $57.66 million.
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According to monitoring by Beating, Apple is seeking to acquire an artificial intelligence chip company. The tech giant’s self-developed M2 Ultra chip has proven insufficient to run advanced AI workloads, forcing it to rely on NVIDIA. The future version of Apple’s AI server chip, codenamed "Baltra", was originally scheduled to ship this year but has been delayed.
Crypto clearing startup Glacis Labs has closed a $6.8 million seed round. The round was led by Lightspeed Faction, with participation from Franklin Templeton, Coinbase Ventures, A.GAIN (formerly IDC Ventures), Protein Capital, and Techni Ventures, structured as an equity-plus-token warrant deal. The funding will primarily be used to expand its core product, the ZeroDelta platform, and support the growth of its engineering, compliance, and marketing teams. ZeroDelta is a multi-chain clearing platform that facilitates matching, netting, and final settlement of cross-chain digital assets. It currently focuses on serving stablecoins and has processed over $1 billion in cumulative trading volume to date.
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The United States will issue a $1 Trump gold coin to commemorate the 250th anniversary of its founding.
US Treasury Secretary Scott Bessent announced today that the U.S. Mint will produce a $1 commemorative "gold coin" — gold in appearance but containing no actual gold or precious metals — to mark the 250th anniversary of the founding of the United States. The obverse features a portrait of President Trump in a suit and tie, paired with the inscriptions "LIBERTY," "IN GOD WE TRUST," and the dates 1776-2026; the reverse displays the U.S. Great Seal eagle, marked with "$1" and "250." The coin is expected to be released this fall. The move breaks the longstanding tradition that living presidents typically do not appear on U.S. currency, with Bessent describing it as a "lasting symbol of patriotism" and "a commemoration of the legacy of freedom."
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Trump: Data centers are a cash cow and one of the largest drivers of future job growth.
Trump posted that data centers are one of the biggest drivers of future job growth. They are large-scale, powerful, and have broad prospects, serving as cash cows for their respective states. However, for political reasons, the Governor of New York State terminated all data center projects under construction or planned in New York. These companies are now flocking to Alabama, Florida, Texas, Arizona, and many other states. The tax revenues and jobs brought by data centers are truly a huge source of wealth! New York State has made a bad decision. All this revenue and other benefits will flow to so-called "red states" (states dominated by the Republican Party) and some "blue states" (states dominated by the Democratic Party). These states not only have lower taxes but also can create record job opportunities. They will bear their own water and electricity costs, and the remaining funds will be returned to state governments and local communities. For the states and communities fortunate enough to secure data centers, these facilities are undoubtedly huge assets. New York State should immediately reverse its policy. We must never allow radical left-wing Democrats to make us lose data centers, artificial intelligence, and all these amazing new technologies, letting them fall into the hands of other countries!
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Apple’s in-house silicon has earned a reputation for punching above its weight. But when it comes to the raw computational muscle needed for advanced AI workloads, the company’s chips are getting thoroughly outclassed, and Apple knows it.
The M2 Ultra, which Apple has deployed for some server-side AI processing, delivers roughly 31.6 TOPS (tera operations per second) in machine learning performance. For context, Nvidia’s RTX 4090 hits 1,321 TOPS. That’s not a gap. That’s a canyon with a river at the bottom.
Broadcom deal and the $30 billion bet on custom silicon Apple has responded with its wallet. The company announced a multiyear partnership with Broadcom worth over $30 billion, focused on custom silicon components and wireless connectivity technologies manufactured in the United States.
The deal, unveiled around July 8, 2026, represents one of Apple’s most ambitious semiconductor commitments to date. It’s designed to bolster domestic chip production at a time when geopolitical tensions continue to make global supply chains look fragile.
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The company has also engaged in partnerships with Intel to advance US chip design and manufacturing, along with explorations involving Nvidia and Google for Siri-related workloads.
The Q.ai acquisition and Apple’s AI shopping spree Beyond silicon partnerships, Apple has been writing checks for AI talent. In January 2026, the company acquired Q.ai, an Israeli AI startup, for approximately $2 billion. The deal is aimed at enhancing Siri’s capabilities, specifically in non-verbal communication through improved facial expression analysis.
The Q.ai purchase ranks among Apple’s largest acquisitions ever. Apple has completed more than 100 acquisitions to date, with a pronounced recent emphasis on AI and machine learning companies.
Why the M2 Ultra gap matters more than you think The performance disparity between Apple’s M2 Ultra and Nvidia’s hardware isn’t just an engineering footnote. It has real implications for Apple’s ability to compete in AI-powered services.
Apple’s 31.6 TOPS versus Nvidia’s 1,321 TOPS means Apple would need roughly 42 M2 Ultra chips to match what a single RTX 4090 can do in machine learning tasks.
What this means for investors First, the $30 billion Broadcom deal is enormous even by Apple’s standards. It locks both companies into a long-term collaboration that could reshape how custom AI chips are designed and manufactured in the US.
Second, Apple’s willingness to spend $2 billion on a single AI acquisition suggests the company’s M&A budget for AI is expanding significantly. With more than 100 acquisitions already completed and a clear strategic focus on machine learning, the pipeline of potential targets in the AI startup ecosystem could see valuation inflation as Apple competes with Google, Microsoft, and others for the same talent and technology.
Third, the exploration of partnerships with Nvidia and Google for Siri workloads raises an interesting question about Apple’s competitive posture. Historically, Apple has been allergic to depending on rivals for core product capabilities. If it’s now willing to lean on Nvidia’s compute and Google’s AI infrastructure, that signals either pragmatism or desperation, and the distinction matters for how you value the stock.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
QuickSwap now has a full, self-contained perpetual futures stack with Perpetual Hub Ultra 2.0, which runs natively on Orbs’ Layer-3 infrastructure without requiring any third parties. In addition to one-click trading, account abstraction, and gasless transaction flows, supported order types include market, limit, stop-loss, take-profit, and advanced bracket orders. One of the oldest exchanges in decentralized finance, QuickSwap, has made Orbs’ Perpetual Hub Ultra 2.0 its default perpetual futures infrastructure across all chains. The action comes after a community governance vote titled “Full Shift of Decentralized Perpetuals to Orbs Network,” which was approved by 81.8% of QUICK token holders.
The integration builds upon QuickSwap, an Orbs-powered perpetual futures platform that was introduced on Base in Q4 2025, and replaces the Orderly-powered Falkor deployment on Polygon PoS. For a number of years, QuickSwap has worked with Orbs to operate dTWAP, dLIMIT, and Liquidity Hub in production throughout Polygon PoS and Base.
“This is what the next phase of DeFi looks like: a top-tier DEX running a complete perps stack natively on Layer-3, with liquidity from day one and execution quality that rivals centralized venues,” said Ran Hammer, VP of Business Development at Orbs. “An 81.8% community vote says it all – decentralized markets are ready to compete with traditional finance on its own terms.”
QuickSwap now has a full, self-contained perpetual futures stack with Perpetual Hub Ultra 2.0, which runs natively on Orbs’ Layer-3 infrastructure without requiring any third parties. This stack includes execution, settlement, hedging, liquidation, pricing, and a professional-grade trading interface. Through the platform’s integrated infrastructure, which pulls from many deep liquidity venues, liquidity is generated from day one, removing the requirement for bootstrapping at launch.
With state roots committed on-chain via rollup settlement, the platform’s architecture is based on a TEE-secured execution environment that gradually rolls out and is powered by cryptographically signed price feeds. In addition to one-click trading, account abstraction, and gasless transaction flows, supported order types include market, limit, stop-loss, take-profit, and advanced bracket orders.
One of DeFi’s most well-known trading platforms, QuickSwap has been operational since 2020 and is the top exchange inside the Polygon ecosystem. QuickSwap functions over Polygon PoS and Base and is governed by its community via QUICK token voting. With more than 1.12 billion ORBS invested, Orbs is a decentralized Layer-3 blockchain with a public network of permissionless validators that use delegated Proof-of-Stake.
Both teams claim that the integration puts decentralized exchanges in a position to compete with centralized platforms on execution quality, capital efficiency, and user experience while maintaining on-chain self-custody and transparency. Perpetual Hub Ultra 2.0 is now the default perpetual trading infrastructure across QuickSwap’s deployments.
Established in 2020, QuickSwap is a prominent decentralized exchange that provides everlasting futures, swaps, and liquidity support within the Polygon ecosystem and beyond. QuickSwap, a community regulated by the QUICK token, has developed into one of the most reputable venues in DeFi, growing from Polygon PoS to Polygon zkEVM and Base while continuing to be Polygon’s flagship DEX. Visit https://quickswap.exchange to find out more.
A decentralized Layer-3 blockchain Orbs was created for sophisticated on-chain trading. Orbs functions as an additional execution layer using a Proof-of-Stake consensus, allowing sophisticated logic and scripts that are not possible with traditional smart contracts. CeFi-level execution is brought to decentralized markets with Orbs-powered protocols such as dLIMIT, dTWAP, Liquidity Hub, and Perpetual Hub. Orbs continues to develop at the cutting edge of blockchain infrastructure with a worldwide staff spread across many locations. Visit www.orbs.com to find out more.
A trader himself, Rossi has 7 years of experience trading in the forex market and the passion for writing has brought him to Newscrypto. He is the perfect combination of market knowledge and writing skills, making him one of the most sought-after writers on cryptocurrency.
PeckShield: Abnormal fund movement in LayerZero Executor wallet is not an attack, user funds are not at risk.
Blockchain security firm PeckShield stated in a post that the previously detected abnormal fund movements in LayerZero's executor wallets are not a security incident, but part of normal operational adjustments. PeckShield confirmed that user funds are currently not at risk.
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A crypto whale’s short position on the ETH/BTC exchange rate has incurred an unrealized loss of over $3.85 million.
Per on-chain analyst ai_9684xtpa’s monitoring, address 0xf83…96728 currently holds 12,832 ETH in 20x short positions and 366 BTC in 20x long positions, with both positions valued at roughly $24 million each. As ETH has outperformed BTC in this round of rebound, the address’s ETH position has an unrealized loss of around $4.07 million, while its BTC position generates an unrealized profit of approximately $216,000, resulting in an overall unrealized loss of about $3.856 million.
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The UK plans to issue its first digital sovereign bond in early 2027, potentially becoming the first G7 country to issue a government bond on a distributed ledger.
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Predict.fun World Cup Semi-Final: England vs Argentina Showdown, England’s Probability of Advancing Reaches 53%
Data from prediction market platform Predict.fun shows that the 2026 FIFA World Cup (co-hosted by the US, Canada, and Mexico) semi-final will pit England against Argentina. As of press time, the market gives England a roughly 53% chance of advancing, while Argentina holds a ~46% probability, with both sides’ odds being very close. Scheduled for the early morning of July 16 (Beijing time), this highly anticipated World Cup semi-final will revive the classic England-Argentina rivalry. In World Cup history, the two sides have faced off in five tournaments: 1962, 1966, 1986, 1998, and 2002, making this one of the most talked-about rivalries in the World Cup. Overall, England holds a slight edge in their head-to-head record, but the two have met three times in World Cup knockout rounds before: Argentina came out on top twice, while England’s only win in those matches came en route to its first-ever World Cup title. Both sides’ paths to the semi-final in this World Cup have also been full of tests. Argentina has gone to the wire in three consecutive knockout matches, beating Cape Verde, Egypt, and Switzerland in succession; England, meanwhile, has come from behind against DR Congo and Norway, and edged past Mexico, demonstrating strong ability to perform under pressure. This match is not only a key battle for Lionel Messi-led Argentina to defend its title, but also a crucial opportunity for England to return to the World Cup final for the first time in 60 years.
10 minutes ago
Alibaba was up more than 3% at one point during pre-market trading of US stocks.
According to market data from BIT (Bit.com), Alibaba (BABA.N) rose more than 3% at one point during pre-market trading of US stocks.
QuickSwap, one of the oldest names in decentralized exchange trading, has officially rolled out Orbs’ Perpetual Hub Ultra 2.0 as the default engine powering perpetual futures across every chain it operates on. The decision wasn’t made behind closed doors. It came after a community vote, “Full Shift of Decentralized Perpetuals to Orbs Network,” which cleared with a decisive 81.8% approval from QUICK token holders.
The shift effectively retires the Orderly-based Falkor setup that had been running on Polygon PoS, replacing it with the same Orbs-driven architecture that QuickSwap already introduced on Base back in the fourth quarter of 2025. It’s not a cold start, either. QuickSwap and Orbs have been working together for years at this point, with tools like dTWAP, dLIMIT, and Liquidity Hub already live in production on both Polygon PoS and Base.
Ran Hammer, VP of Business Development at Orbs, framed the announcement as something bigger than a routine infrastructure swap. “This is what the next phase of DeFi looks like: a top-tier DEX running a complete perps stack natively on Layer-3, with liquidity from day one and execution quality that rivals centralized venues,” he said. He also pointed to the vote itself as a signal of where the industry is heading, adding, “An 81.8% community vote says it all – decentralized markets are ready to compete with traditional finance on its own terms.”
Full-Service Perpetual Trading Stack What QuickSwap gets out of the deal, in practical terms, is a full-service perpetual trading stack that doesn’t lean on outside providers. Execution, settlement, hedging, liquidation, pricing, and the trading interface itself are all handled natively through Orbs’ Layer-3 infrastructure. There’s no bootstrapping period to worry about, either; liquidity is pulled in from day one through Orbs’ integrated system, which taps into several deep liquidity sources at once rather than relying on a single pool building up over time.
Under the hood, the platform runs on a TEE-secured execution environment, meaning trades are processed inside a trusted, hardware-isolated setting rather than out in the open. Price feeds come in cryptographically signed, and the resulting state is periodically committed on-chain through rollup settlement, giving traders a verifiable record without sacrificing speed.
On the trading side, users get access to the usual order types, market, limit, stop-loss, take-profit, along with more advanced bracket orders. Convenience features like one-click trading, account abstraction, and gasless transactions are also part of the package, lowering the friction that’s historically kept some traders away from on-chain platforms.
QuickSwap itself needs little introduction to anyone who’s spent time in DeFi. It’s been running since 2020 and remains the top exchange within the Polygon ecosystem, expanding over the years from Polygon PoS into Polygon zkEVM and Base while holding onto its reputation as Polygon’s flagship DEX.
Like much of its infrastructure, the exchange is steered by its community through QUICK token governance, which is exactly the mechanism that greenlit this latest move. Orbs, for its part, operates as a decentralized Layer-3 network built specifically to handle the kind of complex trading logic that standard smart contracts struggle with.
Its validator network runs on delegated Proof-of-Stake, backed by more than 1.12 billion ORBS tokens staked across the system. Both teams are pitching this integration as a step toward closing the gap between decentralized and centralized trading venues, not just in terms of speed and cost, but in the overall experience, while still keeping self-custody and on-chain transparency intact for users.
AUTHOR
Mushumir Butt is a seasoned crypto journalist with over three years of experience reporting on the world of blockchain and cryptocurrency. At Blockchain Reporter, he delivers insightful news, in‐depth project reviews, and precise price analysis and predictions. With a strong background in SEO and digital marketing, Mushumir excels at breaking down complex trends into clear, accessible content, ensuring readers stay ahead in the fast‐paced crypto space.
Ethereum (ETH) price is in focus after ARK Invest analyst Lorenzo Valente said that Robinhood Chain is ultra-bearish for Ethereum’s revenue after ETH received only $1,538 in revenue from Arbitrum.
The analyst’s outlook comes as Robinhood Chain emerges as the fifth-biggest chain by DEX volumes per DeFiLlama, with the growth coming after the network announced a 90-day gas subsidy to boost adoption.
Ethereum price is up by 0.36% today, July 14, to trade at $1,780 at the time of writing.
ARK Invest Analyst Warns Robinhood Chain is Cannibalizing Ethereum Revenues Analyst Valente notes that Ethereum is barely getting any revenue share from Robinhood Chain despite the latter running on Ethereum’s layer-two network, Arbitrum.
In an X post, Valente said that Robinhood Chain has generated $816,000 in revenue since launching on July 1 amid buzz around Robinhood Chain tokens. 10% of this $816,000 has been paid to Arbitrum, while $1,538 has gone to Ethereum.
This revenue share suggests that Ethereum is only getting 0.15% of the revenue that Robinhood Chain is generating.
“If your thesis is ‘ETH is a revenue-generating asset,’ this is the ultra-bear case,” the analyst said.
Valente notes that “things need to change” so that Ethereum gets 15% of the revenue while Arbitrum and Robinhood get 10% and 75%, respectively.
But ConsenSys founder Joe Lubin has defended the low fees, saying that is what is attracting companies to build on Ethereum, and as this continues, it could boost the value of ETH.
Still, while Robinhood Chain coins are rallying because of the rapid growth of this chain since it launched on July 1, Ethereum price continues to struggle below resistance.
Ethereum Price Faces $1,840 Resistance as Bulls Eye 22% Rally The price of Ethereum is facing resistance at $1,840. It has been rejected at this resistance for three straight days, suggesting that buyers are hesitating to buy at this price.
But the MACD line that has turned positive supports a bullish long-term Ethereum price forecast. The RSI reading of 55 also suggests that the momentum is favoring bulls.
If Ethereum closes above the resistance level of $1,840, it will be a breakout from a rising parallel channel. This will suggest that the uptrend that started on June 26 could continue.
Moving above $1,840 could also confirm that ETH has completed a double-bottom pattern, and the price could gain by 22% and reach $2,244.
ETH/USDT: 1-day Chart (Source: TradingView) But if Ethereum does not close above the resistance of $1,840, sellers could return and pull the price down to the support of $1,725.
This drop to $1,725 could come as buyers flee the market after President Trump reinstated the blockade at the Strait of Hormuz as geopolitical tensions between the US and Iran escalate.
Ethereum ETF Outflows Return as Rising Oil Prices Fuel Bearish Narrative Data from SoSoValue shows that spot Ethereum ETFs had $15 million in outflows on July 13, marking a major turnaround from the $84 million in inflows seen between July 6 and July 10.
Ethereum ETF Flows The outflows come when investors are abandoning crypto because of the tensions between the US and Iran that pushed the price of crude oil to above $80.
Rising oil prices usually cause traders to reduce their interest towards risk assets, and if the prices keep rising, Ethereum price could drop as buying pressure fades.
The US inflation data that is coming out today, July 14, could also weigh on Ethereum and affect flows to spot ETH ETFs if it supports that the Federal Reserve will hike interest rates.
Apple is building a chip that could hold 1.5 terabytes of unified memory. That’s not a typo, and it’s not a spec for a data center rack. It’s for a desktop computer.
According to Mark Gurman’s Bloomberg Power On newsletter from July 12, the M7 Ultra is slated for a 2028 release and aims to deliver AI performance “closer to” Nvidia’s Blackwell-class accelerators.
What Apple is actually building The M7 Ultra’s 1.5TB unified memory target represents roughly double the capacity of the current M5 Ultra. To put that in perspective, it matches the highest RAM configuration Apple ever offered on its 2019 Intel Mac Pro.
Unified memory lets the CPU and GPU share the same memory pool, which eliminates the bottleneck of shuttling data between separate chips. For running large language models and AI inference workloads, that architectural choice matters enormously.
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The M7 Pro and Max variants are expected to arrive by the end of 2027, with the Ultra following in 2028. Apple’s silicon timeline is accelerating: the M7 is projected to tape out just six months after the M6. The research also notes Apple is strategically skipping specific high-end M6 variants to expedite the launch of a dedicated AI-optimized M7 line.
The full 1.5TB configuration depends on high-bandwidth memory supply chains cooperating. Memory chip shortages have already forced Apple to limit configurations on recent Mac Studio models.
Why crypto and DeFi builders should care Running a 70-billion-parameter model locally currently requires specialized hardware or creative quantization tricks. A machine with 1.5TB of unified memory could theoretically run models that today demand multi-GPU server setups.
Projects building decentralized GPU networks, think Render, Akash, and similar protocols, have historically relied on Nvidia hardware as their backbone. If Apple silicon reaches competitive AI performance at potentially lower power consumption, it introduces an alternative hardware path for node operators and inference providers.
The Nvidia question Nvidia’s Blackwell architecture represents the bleeding edge, and Apple positioning the M7 Ultra as “closer to” that benchmark is both ambitious and carefully hedged.
Nvidia’s pricing power directly affects the economics of decentralized compute. When Nvidia GPUs are expensive and scarce, the cost per inference on decentralized networks rises, which flows through to token valuations, staking yields, and protocol competitiveness.
What to watch from here High-bandwidth memory shortages have been a persistent theme across the semiconductor industry, affecting everything from gaming GPUs to AI accelerators. If those shortages persist into 2028, the M7 Ultra’s most impressive configuration might ship in limited quantities.
Apple’s M7 Pro and Max chips arriving in late 2027 will serve as an early signal. Their memory capacities, AI benchmark results, and pricing will telegraph what the Ultra tier can realistically deliver.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
OpenAI’s GPT-5.6 Sol Ultra is having quite the first week. The model, which launched on July 9 as part of the broader GPT-5.6 family, has already been credited with generating a complete proof for the Cycle Double Cover Conjecture, a famously unsolved problem in graph theory. It completed the task in under one hour using 64 parallel subagents.
Naturally, the crypto world responded the only way it knows how: someone launched a meme token.
What GPT-5.6 Sol Ultra actually did The GPT-5.6 model family includes three tiers: Terra, Luna, and the flagship Sol. The Sol Ultra mode is the heavy hitter, distinguished by its parallel multi-agent reasoning capability.
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On July 10, just one day after general availability, Sol Ultra tackled the Cycle Double Cover Conjecture. For the non-mathematicians in the room: this is a problem in graph theory that has stumped researchers for decades. The conjecture asks whether every graph without a specific type of edge (called a “bridge”) can have its edges covered by a collection of cycles where each edge appears exactly twice.
The prompt and resulting proof were made publicly accessible, which is notable. OpenAI is clearly signaling confidence in the output’s validity by inviting peer scrutiny rather than keeping it behind closed doors.
Sol Ultra scored 91.9% on Terminal-Bench 2.1, a benchmark designed to measure advanced reasoning. Pricing for the Sol tier sits at $5 per million input tokens and $30 per million output tokens, with Terra and Luna offering lower price points for less demanding workloads.
The Erdős connection, and the confusion Here’s where things get murky. Claims have circulated that Sol Ultra solved “Erdős problem #793” using an improved construction. The Erdős problems are a legendary collection of open questions posed by Hungarian mathematician Paul Erdős, many carrying cash bounties for solutions.
What’s verified is that earlier 2026 AI models from OpenAI worked on the Erdős planar unit distance problem. There is no confirmed, independently verified connection between GPT-5.6 Sol Ultra and a specific Erdős problem numbered 793.
The Cycle Double Cover Conjecture proof is the documented achievement. Everything else is, at this point, unverified.
Enter the meme token A Solana-based meme token called $5.6SolUltr appeared almost immediately after the GPT-5.6 launch. The token has no disclosed utility beyond its namesake association with OpenAI’s model. It does not appear to be affiliated with OpenAI in any capacity. The token shows near-zero trading volume and negligible liquidity since inception.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
The launch of Robinhood Chain on an Ethereum layer-2 network is bullish for long-term value and network effects, argue analysts.
Robinhood Chain has generated $816,000 in gross revenue since launching on July 1, with 89% captured by Robinhood, 10% by Arbitrum as middleware, and only 0.15%, or $1,538, paid to Ethereum for settlement, which doesn’t sound great.
Robinhood Chain is an EVM-compatible Arbitrum-based layer-2 network that uses ETH as its native gas token, but Ethereum is not seeing any revenue benefits yet.
Bullish or Bearish for Ethereum? Lorenzo Valente, director of research at Ark Invest, said, “If your thesis is ‘ETH is money,’ Robinhood building here is ultra bullish.” “More activity, more ETH collateral, more lindyness,” he added.
However, for those who believe ETH is a revenue-generating asset, “this is the ultra-bear case.” He added that Robinhood was never going to build on Solana, Sui, or any “monolithic layer-1” because it wants stack customization.
“They want to be landlords, not renters. Ethereum won this deal on merit. It’s just not pricing it right … Ethereum sells the most valuable settlement layer in crypto at marginal cost.”
Valente said that a healthier split would be 75% to Robinhood, 10% to Arbitrum, and 15% to Ethereum.
The Robinhood Chain is the cleanest case study of what happened to ETH’s economics over time.
Since inception, @RobinhoodApp Chain has grossed ~$816K in revenue.@Arbitrum, the middleware provider, takes 10%: ~$80K.
Arbitrum then pays Ethereum for settlement: $1,538.
The… pic.twitter.com/Jc8k4yi60M
— Lorenzo Valente (@LorenzoARK) July 13, 2026
Responding to the post, Consensys founder Joe Lubin said Ethereum layer-1 revenue fees should stay low to foster growth.
You may also like: Expert: Bitcoin Faces $8B Attack Risk, Ethereum More Secure Bitmine Snaps Up Over 30,500 ETH as Tom Lee Focuses on Crypto’s New Success Story AI Found a Real Ethereum Bug – But the Bigger Story Is What Comes Next “Tens of thousands of companies will set up shop over the next 2-3 years on some mix of Ethereum L1, L2s, and private permissioned EVMs.”
“Monetary premium will grow very large, fee revenue to L1 from so much activity,” he added before concluding that staking and other locking away of ETH will reduce supply, and “net burning of ETH under ultrasound conditions will further grow the value of ETH.”
Since its launch a fortnight ago, 82,895 ETH worth around $147.5 million has been bridged to Robinhood Chain, according to Defillama. Analysts say this has become another demand sink, along with staking, which has 33% of the supply locked, treasury companies, and ETFs.
No Love For ETH Prices Despite this bullish narrative, Ether prices remain at multi-year bear market lows with low volume and negative sentiment. ETH is trading flat on the day at around $1,780 following a dip to $1,750 during early Tuesday trading in Asia.
It has moved off its cycle low of just over $1,500 in late June, but has hit resistance at $1,800 six times over the past ten days. This remains the barrier to break for ETH to continue its slow climb higher.
The major catalysts for Ether are macro and likely to be inflation coming down and lower chances of a Fed rate hike.
OpenAI just did something that makes every “AI will take your job” headline feel quaint. Its newest model, GPT-5.6 Sol Ultra, generated a machine-verified proof of the Cycle Double Cover Conjecture, a problem mathematicians have been chipping away at for roughly half a century, and it did it in less than an hour.
The proof was published as a PDF on OpenAI’s CDN on July 10, 2026, with authorship attributed entirely to the model itself. Codex assisted with the writeup.
What the conjecture actually says The Cycle Double Cover Conjecture was posed independently by George Szekeres in 1973 and Paul Seymour in 1979. In English: it claims that for any graph without “bridges” (edges whose removal would disconnect the graph), you can find a collection of cycles that together cover every edge exactly twice.
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Partial results existed for specific cases, but a comprehensive, general proof remained out of reach. That is, until an AI system decided to throw 64 subagents at the problem simultaneously.
The proof itself reportedly reduces the problem using the 8-flow theorem and linear algebra over GF(3), a finite field with three elements.
Why this matters beyond math departments Discussions on Hacker News and Reddit immediately zeroed in on the verification question. A machine-verified proof is not the same as a peer-reviewed proof. Formal verification tools can confirm that logical steps follow from axioms, but mathematicians will want to understand why the proof works, not just that it does.
The GPT-5.6 series and OpenAI’s positioning The proof’s release coincided with the limited rollout of the entire GPT-5.6 series, which includes the flagship Sol model along with its Terra and Luna variants.
The 64-subagent architecture is worth pausing on. Rather than having a single model grind through the problem sequentially, Sol Ultra deployed dozens of specialized agents working in parallel.
What this means for investors This announcement had zero connection to crypto, tokens, or digital assets. No “Sol” token (despite the unfortunate naming overlap with Solana’s ticker). No blockchain verification layer. No NFT of the proof. Just pure AI research.
What investors should watch is the verification timeline. If the mathematical community validates this proof over the coming weeks and months, it becomes arguably the most significant AI achievement to date, surpassing game-playing and code generation in terms of intellectual prestige. If the proof turns out to have flaws, it becomes a cautionary tale about trusting AI-generated reasoning without human oversight.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
PANews, July 10 - According to a report by Jiemian, OpenAI announced that the GPT-5.6 series models are officially fully available, including the flagship model GPT-5.6 Sol, the balanced model Terra, and the low-cost model Luna. Among them, Sol supports the new Ultra mode, which can coordinate four AI agents by default to process complex tasks in parallel, further improving efficiency in scenarios such as code development, scientific research, cybersecurity, and knowledge work. OpenAI stated that the GPT-5.6 series achieves industry-leading performance across multiple benchmarks, while significantly reducing inference costs and response times while maintaining or improving performance. The company also said that GPT-5.6 is equipped with the most comprehensive security protection system to date, and officially supports programmatic tool calls, further enhancing the ability to autonomously execute complex tasks.
Additionally, OpenAI launched a new enterprise-level feature—ChatGPT Work. As a brand-new intelligent agent (Agent) for ChatGPT, this feature is powered by the frontier model GPT-5.6. Unlike instant conversations, ChatGPT Work is designed for multi-step complex projects. Users simply input the ultimate goal, and it can autonomously break down tasks, formulate plans, extract context from connected tools, and automatically generate documents, spreadsheets, or presentations. At the same time, the simultaneously launched ChatGPT Sites feature supports one-click generation of lightweight collaborative websites from ideas or data. Currently, this feature is available on macOS and Windows desktops, and is being gradually rolled out to paid plan users such as Plus and Enterprise. Users and enterprise management still have absolute control and approval rights during the execution process.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Strategy CEO: The company's BTC holdings have increased by 10% over the past three months, and its year-to-date BTC return rate has risen from 3.7% to 7.8%
Strategy CEO Phong Le stated in a post that between April 6 and July 6, 2026, the firm’s Bitcoin holdings increased by 10% to 843,775 BTC. Over the same three-month period, Strategy’s U.S. dollar reserves rose 13% to $2.55 billion. Year-to-date, its BTC return has climbed from 3.7% to 7.8%, marking more than double growth.
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Zhipu issues 19.8 million H shares via private placement.
According to Bloomberg, Zhipu issued 19.8 million H shares via a private placement, with the offering price ranging from HK$1,588 to HK$1,698 per share.
Bitget announced that its stock token (rToken) product has surpassed $100 million in assets under management (AUM) one month after launch. As of July 6, the number of users trading related assets exceeded 100,000, with cumulative trading volume hitting $671.37 million. In terms of asset distribution, rSPCX is currently the rToken with the highest total value locked (TVL), accounting for 23.51%; rCSCO and rNVDA follow with 17.75% and 13.38% respectively. Overall rankings indicate that early demand for rTokens is primarily driven by high-profile private market assets and tech-related targets, with AI infrastructure assets emerging as a key demand cluster spanning networking, chips, storage, semiconductors and other sectors. It is learned that rTokens, marked by the letter "r" plus the stock ticker (e.g., rNVDA for Nvidia), are issued by Reality, Bitget’s licensed Real-World Asset (RWA) protocol, and connect directly to global liquidity pools including the Nasdaq and New York Stock Exchange via a partnership with regulated broker Alpaca. Key features include: 1:1 reserve backing of underlying assets held by licensed custodians, stock dividends distributed proportionally in token form, synchronized mapping of corporate actions such as stock splits and consolidations, and holdings eligible as combined margin for unified accounts and USDT-denominated contracts—enabling users to flexibly manage funds while holding global stock assets.
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People's Bank of China: It will continue to implement a moderately loose monetary policy and step up counter-cyclical and cross-cyclical regulation.
The Monetary Policy Committee of the People's Bank of China (PBoC) held its second-quarter 2026 regular meeting. The meeting analyzed domestic and international economic and financial conditions, noting that the current external environment has grown more complex and volatile, global economic growth momentum remains weak, geopolitical conflicts and economic and trade frictions are frequent, major economies show divergent performance, and uncertainties persist over inflation trends and monetary policy adjustments. China’s economy as a whole remains stable, advancing toward higher-quality development and new growth drivers, with new progress made in high-quality development, though it still faces challenges including strong supply relative to weak demand, structural divergence, and external shocks. The meeting stated that it will continue implementing a moderately loose monetary policy, step up counter-cyclical and cross-cyclical regulation, better leverage the dual functions of monetary policy tools in aggregate and structural terms, strengthen coordination between monetary and fiscal policies, and promote stable economic growth and a reasonable rebound in prices.
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FalconX withdrew 73,900 HYPE tokens from Gate over the past seven minutes, worth approximately $5.03 million.
According to monitoring by Onchain Lens, FalconX withdrew 73,900 HYPE tokens from Gate.io over the past seven minutes, valued at approximately $5.03 million.
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EDGE surges over 48% in 24 hours, currently trading at $0.504.
According to HTX market data, EDGE has surged over 48% in the past 24 hours, currently trading at $0.504.
While crypto firms have been elbowing their way into major sporting events for years, one of the biggest sponsorship deals at the 2026 FIFA World Cup is refreshingly analog. Michelob Ultra, Anheuser-Busch’s low-carb beer brand, is the Official Beer Sponsor of the tournament, and its marquee activation, the “Superior Player of the Match” trophy, involves zero blockchain, zero NFTs, and zero fan tokens.
The latest recipient of that trophy is Belgian forward Charles De Ketelaere, who earned the honor after scoring twice in Belgium’s 4-1 dismantling of the United States in the Round of 16 on July 6-7, 2026. It’s a straightforward fan-voted award.
What happened on the pitch De Ketelaere, the 25-year-old Atalanta attacker, was the decisive figure as Belgium knocked the host nation out of the World Cup. His two goals anchored a comprehensive Belgian performance that ended 4-1, sending the US home and advancing Belgium to the quarterfinals.
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The “Superior Player of the Match” trophy he received was designed in collaboration with artist Victor Solomon. Lionel Messi, who holds the all-time record with 11 Player of the Match awards in World Cup history, unveiled the trophy back in December 2025 as part of Michelob Ultra’s global campaign launch.
The award is determined by fan votes after each match, giving supporters a direct say in recognizing standout individual performances.
The crypto-shaped hole in sports sponsorships Rewind to the 2022 FIFA World Cup in Qatar. Crypto.com was everywhere. Algorand was an official FIFA blockchain partner. Budweiser (also Anheuser-Busch, notably) launched NFT campaigns tied to the tournament. Fan token platforms like Socios saw surges in activity around national team tokens.
Fast forward four years, and the same parent company behind Budweiser is running its World Cup sponsorship through Michelob Ultra with a completely traditional marketing playbook. No token-gated voting. No digital collectible trophies minted on-chain. No QR codes leading to a wallet download. Just a beer brand, a trophy, and a fan vote.
The 2026 World Cup, co-hosted across the US, Canada, and Mexico, is the biggest stage in global sports. The fact that beer money, not token money, is funding the individual player awards says something about which sponsors FIFA is prioritizing this cycle.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Jim Cramer doubled down on Nvidia on Monday, urging investors to buy the stock as the chipmaker rejected claims that its next-generation AI rack systems face delays until 2028.
The clash pits Nvidia against research firm SemiAnalysis, which alleges manufacturing setbacks have hit the Kyber NVL144 architecture showcased at GTC earlier this year.
SemiAnalysis Claims Put Nvidia’s Kyber Timeline in DoubtSemiAnalysis claims the high-density rack design built for Rubin Ultra GPUs has slipped by more than 12 months. The firm blamed persistent manufacturing problems with the system’s complex PCB midplane.
MASSIVE DELAY: Just 3 months after Jensen demoed Kyber NVL144 at GTC, it has faced major setbacks and has been delayed by more than 12 months, pushing it back to 2028. Below, we explain why Kyber has faced massive delays and why NVIDIA’s NVL72x2 back-to-back rack architecture was… pic.twitter.com/VYduxnu01B
— SemiAnalysis (@SemiAnalysis_) July 5, 2026 The firm also claimed Nvidia scrapped its NVL72x2 back-to-back rack after pushback from hyperscaler customers.
Nvidia’s supply chain felt the report within hours. Japan’s Ibiden, which counts Nvidia as its largest client, fell as much as 10% on Monday, Bloomberg reported.
Kingboard Laminates tumbled 18% in Hong Kong, while Samsung Electro-Mechanics slid 11% in Seoul.
Kingboard Laminates and Japan’s Ibiden Stock Performances. Source: TradingViewNvidia rejected the claims, telling media outlets that its roadmap remains intact. The chipmaker, fresh off launching a revenue-sharing compute program for AI startups, has faced this script before.
$NVDA – *NVIDIA SAYS AI CHIP ROADMAP REMAINS INTACT
*NVIDIA DISPUTES SEMIANALYSIS DELAY REPORT
— *Walter Bloomberg (@DeItaone) July 6, 2026 When Blackwell delay reports surfaced in August 2024, Nvidia insisted production would ramp on schedule. It then fixed a design flaw and shipped several billion dollars of Blackwell hardware within months.
Jim Cramer Backs Nvidia Despite the NoiseCramer reaffirmed his bullish stance and urged investors to buy Nvidia. He told CNBC that chip stocks are staging a “revenge trade” after last week’s “misguided selling.”
Nvidia says its roadmap intact. That, to me, means buy
— Jim Cramer (@jimcramer) July 6, 2026 The numbers frame his conviction. The Philadelphia Semiconductor Index gained 87.8% in the second quarter, its best quarter since records began in 1994, Axios reported.
Nvidia missed most of that rally. The stock traded near $196.58 at this writing, up almost 2% over the last 24 hours.
Nvidia (NVDA) Stock Performance. Source: TradingViewLast week tested the sector’s nerve. AI chip stocks cracked after Michael Burry’s bubble warning, while memory stocks plunged sharply on supply glut fears.
Cramer, however, sees the pullback as an opportunity. He named his five AI stock picks earlier this month, favoring chip suppliers over Big Tech giants.
Nvidia’s next earnings report will show whether rack-level friction reaches data center revenue. Until then, investors must weigh Cramer’s conviction against a laggard chart and SemiAnalysis’ supply chain warnings.
Viewpoint: Wash Should Publicly Resist Trump’s Pressure on the Federal Reserve to Safeguard Central Bank Independence
Bloomberg columnist Jonathan Levin published an article stating that US President Donald Trump and his allies are pushing personnel changes to influence Federal Reserve decisions, including attempts to remove Federal Reserve Governor Lisa Cook and interfere in the selection of the president of the Federal Reserve Bank of Atlanta, in a bid to expand the influence of White House supporters on the Federal Open Market Committee (FOMC). Levin argues that Kevin Warsh, a leading contender for the next Federal Reserve chair, should publicly oppose the White House’s interference, back Jerome Powell and Cook to serve out their terms, and demand the White House withdraw from the selection process for regional Fed bank presidents. Failure to do so would erode Warsh’s credibility and internal influence within the Fed should he lead the central bank in the future. Fed independence is key to maintaining stable inflation expectations and upholding monetary policy credibility, and ongoing political interference could harm US macroeconomic stability.
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Is an oil price war breaking out? Saudi Aramco cuts its August crude oil prices for Asia, marking the largest such reduction in at least 26 years.
Saudi Aramco has cut the official selling price (OSP) of its flagship Arab Light crude oil for August shipments to Asia by $11 per barrel, to a discount of $1.50 per barrel against the regional benchmark. The cut, the largest in at least 26 years and exceeding market consensus, underscores its intention to compete for market share in Asia. The steep price cut comes as the Strait of Hormuz resumes navigation and crude oil supplies from the Middle East rebound. Meanwhile, OPEC+ announced it will continue increasing production in August, stoking market concerns over a global crude oil supply glut. Institutions including JPMorgan Chase and Goldman Sachs have recently warned that with supply continuing to recover and demand growth remaining weak, the global crude oil market may face a renewed supply glut next year. Citigroup, meanwhile, forecasts that Brent crude oil prices could fall back to $60 per barrel by the end of the year.
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US semiconductor equipment sector rallies sharply pre-market, KLAC rises 5.41%
According to Bit.com market data, the US semiconductor equipment sector rallied sharply in pre-market trading, with individual stocks rising as follows: Applied Materials (AMAT) up 5.05%; Onto Innovation (ONTO) up 4.15%; Lam Research (LRCX) up 5.03%; KLA Corporation (KLAC) up 5.41%; Teradyne (TER) up 4.85%; Entegris (ENTG) up 3.78%.
2 minutes ago
BitMine added 42,197 ETH to its holdings last week, lifting its total ETH position to 5,742,237.
BitMine added 42,197 Ether to its holdings last week. As of June 28, 2026, its total Ethereum holdings reached 5,742,237 tokens, accounting for roughly 4.8% of Ethereum’s total supply. Currently, BitMine’s total assets—including cryptocurrencies, cash, and other investment holdings—are valued at approximately $11.1 billion, comprising $527 million in cash and securities, 206 Bitcoin, $180 million in equity stakes in Beast Industries, and a $71 million investment in Eightco Holdings (ORBS). As of July 5, BitMine has staked 4,879,157 Ether, equal to 85% of its total Ethereum holdings, worth around $8.8 billion, with a current annualized staking yield of approximately $235 million.
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Strive added 17.76 Bitcoin to its holdings last week, bringing its total Bitcoin holdings increase in Q2 to 6,236.
According to Strive's official announcement, the company purchased 17.76 Bitcoin last week, bringing its total BTC holdings to 19,882 coins. More notably, Strive added a total of 6,236 Bitcoin in Q2 2026, achieving a 24.0% BTC yield, generating a BTC Gain of 3,264 Bitcoin, with an amplification ratio of 67.2% at quarter-end.
2 minutes ago
Goldman Sachs has collectively raised the target prices of multiple chip and storage-related concept stocks.
Goldman Sachs has aggressively lifted target prices for multiple stocks in the semiconductor and storage sectors: it raised AMD’s target price from $450 to $640 while reaffirming its "Buy" rating; Qualcomm’s target price was hiked from $145 to $180; Western Digital’s target price saw a sharp jump from $400 to $650; and SanDisk’s target price was increased from $1,200 to $2,200.
South Korea's Busan Bank completes KRW stablecoin infrastructure pilot on Kaia Chain.
South Korea’s BNK Busan Bank has completed a pilot project for a Korean won stablecoin infrastructure on Kaia Chain. The proof-of-concept (PoC) was jointly conducted by K-STAR Alliance partners AhnLab Blockchain Company, Lambda256, and Open Asset. Test results showed a 100% transaction success rate and processing time of less than one second.
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LIT has rallied past $2.7 following adjustments to its token economic model, bouncing 2.5 times from its lows.
According to HTX market data, LIT (Lighter) has continued to rally since announcing a major adjustment to its token economic model, bouncing back from a low of $0.77 to $2.7, with a 22% increase in the past 24 hours. Lighter previously announced that future token repurchases funded by trading platform revenue will shift from simple repurchases to full permanent burns, and it plans to first burn approximately 15.5 million LIT tokens that were repurchased earlier, accounting for around 6.3% of the circulating supply. This mechanism will officially take effect in the third quarter of 2026. Additionally, the funding source for staking rewards will also switch from trading platform revenue to ecological reserve funds.
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Meme coin trading drove a rise in on-chain activity: Solana’s active addresses surged 38% over the past week, while BNB Chain’s 24-hour trading volume increased 45%.
According to data from DeFiLlama, recent trading activity around meme tokens including ANSEM on Solana and TCC, CZ on BNB Chain has driven increased activity on both public blockchains. Solana has risen to the top spot among public blockchains in terms of 7-day activity, with roughly 31.385 million active addresses over the period, a 38% week-over-week surge. Its 7-day trading volume stands at $13.63 billion, with 685 million transactions, generating $4.06 million in fees, a 70% year-over-year increase. The blockchain’s 7-day revenue reached $422,500, up 21% year-over-year. Solana’s total value locked (TVL) across its entire network is currently at $24.78 billion, up 3.9% over the past 7 days. BNB Chain recorded roughly 8.3 million active addresses over the past 7 days, with 96.7 million transactions, a 3.5% year-over-year increase, generating $182,000 in fees. BNB Chain’s 24-hour trading volume rose 45%, climbing from $240 million to $350 million.
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This week's token unlock overview: Large one-time token unlocks are coming for HYPE, PUMP, APT and others.
According to Token Unlocks data, tokens including HYPE, PUMP, and APT will see large unlocks this week, as detailed below: Hyperliquid (HYPE) unlocked roughly 452,000 tokens at 8 AM on July 6, worth approximately $30.9 million; RedStone (RED) will unlock around 40.85 million tokens at 00:00 on July 7, valued at about $4.1 million; Movement (MOVE) will unlock approximately 165 million tokens at 8 PM on July 9, worth roughly $2 million; Linea (LINEA) will unlock around 1.08 billion tokens at 7 PM on July 10, valued at approximately $2.7 million; io.net (IO) will unlock about 13.29 million tokens at 8 PM on July 11, worth roughly $2.3 million; Pump.fun (PUMP) will unlock approximately 82.5 billion tokens at 10 PM on July 12, valued at around $125 million; Aptos (APT) will unlock roughly 11.31 million tokens at 10 PM on July 12, worth about $6.9 million.
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The crypto market posts a minor recovery, with Bitcoin holding steady above $63,000, and total crypto market capitalization rising 1% over the past 24 hours.
According to HTX market data, the cryptocurrency market has seen a minor recovery, with Bitcoin holding steady above $63,000 and Ethereum briefly crossing $1,800. The total crypto market capitalization has risen 1% over the past 24 hours, now standing at $2.249 trillion. BNB briefly broke through $590, while SOL exceeded $80. Leading altcoin gainers include: ALICE up 15.2% in 24 hours; TRB up 13.3%; RESOLV up 10.85%; PUMP up 8.7%; and tokens previously listed on Binance’s monitoring list such as TLM, VANRY, and SYN surged over 20%.
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South Korean Bitcoin treasury firm Bitplanet has reached a partnership with Antalpha, with plans to introduce mining equipment worth 15 billion South Korean won.
South Korean bitcoin treasury firm Bitplanet has signed a memorandum of understanding (MOU) with U.S.-listed company Antalpha, planning to introduce 15 billion won worth of bitcoin mining equipment and launch full-scale mining operations this month. Future bitcoin output will be recognized as operating revenue and managed as long-term financial assets. The first-phase equipment is projected to generate over 7 BTC monthly, totaling more than 80 BTC annually. The mining rigs will be deployed in overseas regions with competitive electricity costs, including Oman and Paraguay, adopting an overseas hosting and joint venture operational model.
Paraguay’s goalkeeper Orlando Gill stopped enough German shots on June 30, 2026, to earn the Michelob Ultra Superior Player of the Match award, a fan-voted accolade distributed throughout the FIFA World Cup 2026.
The award came through FIFA’s official channels and landed across social media simultaneously, triggering a wave of engagement on Instagram, X, Threads, TikTok, and Facebook.
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What Gill actually did Gill’s performance against Germany included a series of crucial saves, among them penalty stops, that proved decisive in Paraguay’s advancement.
The Superior Player of the Match award is determined by fan votes, which adds a layer of popular legitimacy beyond the usual pundit consensus.
The sponsorship angle worth understanding Michelob Ultra’s naming rights on the Superior Player of the Match award is a straightforward piece of sports marketing. The World Cup is the single largest sporting event on the planet by viewership. Every match-defining moment that gets clipped, shared, and discussed carries the sponsor’s name with it.
Michelob Ultra has positioned itself as a sports-lifestyle brand for years, and FIFA World Cup sponsorship sits at the top of that strategy. The 2026 tournament, co-hosted across the United States, Canada, and Mexico, gave the brand particular relevance in North American markets. A fan-voted award mechanism also keeps audiences active and connected to the sponsor’s brand touchpoint through the act of voting, not just passive viewing.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Key Takeaways Lockheed Martin emerges as leading candidate to purchase Ultra Maritime from Advent International for approximately $3.5 billion Announcement potentially coming during the week of July 7 Target company focuses on anti-submarine warfare systems, supplying torpedo-detection technology to U.S. and UK naval forces Shares of LMT dropped more than 1.4% in extended trading after the news broke Deal remains unfinalized with multiple competing bidders still participating in the auction process Defense contractor Lockheed Martin has positioned itself as the frontrunner to purchase Ultra Maritime, a specialized naval defense company currently owned by private equity firm Advent International, in a transaction valued at approximately $3.5 billion, the Financial Times reported.
Lockheed Martin Corporation, LMT
Following the report’s publication, LMT shares declined over 1.4% during after-hours trading Wednesday evening. The stock had previously gained 4.62% during the regular session, closing at $545.91.
Advent International created Ultra Maritime by separating it from its broader Cobham Ultra holdings — a portfolio the private equity firm assembled through two significant United Kingdom transactions: acquiring Cobham through a £4 billion privatization in 2019, followed by purchasing Ultra Electronics for £2.6 billion in 2022.
The company specializes in undersea warfare capabilities, manufacturing detection buoys engineered to identify submarines and torpedoes. Its client roster includes both the United States Navy and the United Kingdom’s Royal Navy.
Negotiations continue without a finalized agreement in place. Sources familiar with the matter told the FT that a public announcement might arrive during the week beginning July 7.
Advent International refused to provide comment. Lockheed Martin has not yet responded to inquiries seeking statement.
Business Synergies Lockheed’s existing Rotary and Mission Systems division already provides naval clients with sensor technology, sonar equipment, and integrated combat systems. Acquiring Ultra Maritime’s capabilities would strengthen its underwater warfare portfolio.
With a market capitalization hovering around $110 billion, a $3.5 billion acquisition represents a significant but digestible transaction for Lockheed — strategic in nature rather than transformational.
Multiple competing bidders continue pursuing the opportunity. The FT emphasized that the sales process remains an active competitive auction, leaving open the possibility that a rival contender could submit a superior proposal. The identities of alternative bidders have not been disclosed.
Compliance Challenges The proposed transaction will likely encounter a complicated regulatory approval process. Given Ultra Maritime’s British origins and its supply relationship with the Royal Navy, the deal will probably face examination under the United Kingdom’s National Security and Investment Act.
U.S. oversight through the Committee on Foreign Investment (CFIUS) also represents a consideration due to the international nature of the technology and its defense applications.
The Financial Times report did not specify Lockheed’s intended financing approach for the purchase. Lockheed has traditionally funded smaller acquisitions through a combination of borrowed capital and cash generated from operations.
Shareholders will seek transparency regarding how a $3.5 billion expenditure might impact share repurchase programs and dividend distributions.
Bloomberg previously disclosed that Advent initiated the sale process for Ultra Maritime earlier in the current year.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Anthropic’s Claude AI models are now running natively on Nvidia’s GB300 Blackwell Ultra systems through Microsoft Azure. The deployment marks the culmination of a partnership announced in November 2025 that involved $15 billion in combined investments into Anthropic and a staggering $30 billion compute commitment.
The numbers behind the deal Microsoft is investing up to $5 billion in Anthropic. Nvidia is putting up an even larger chunk, committing up to $10 billion. Together, those investments pushed Anthropic’s valuation to an estimated $350 billion.
Anthropic pledged to purchase $30 billion in Azure compute capacity. On top of that, the company committed to utilizing up to 1 gigawatt of computing power from Nvidia’s Grace Blackwell and Vera Rubin systems.
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The hardware itself is delivering results that justify the price tag. Azure’s ND GB300 v6 virtual machines set a new benchmark during testing, achieving inference throughput exceeding 1.1 million tokens per second per rack.
Why cloud coverage matters Claude is now accessible across all three major cloud providers: AWS, Azure, and Google Cloud. Having native presence on each one eliminates a major barrier for potential customers who happen to run their infrastructure on a non-Amazon platform.
The competitive dynamics here are worth watching. Google Cloud hosts Claude as well, despite Google having its own Gemini models. Microsoft has its deep partnership with OpenAI. And AWS has its investment in Anthropic too. Every major cloud provider is now simultaneously a partner and a competitor in the AI model space.
The infrastructure arms race and what investors should watch By investing $10 billion in Anthropic while simultaneously supplying the GPU infrastructure that Anthropic runs on, Nvidia has created a flywheel. More investment means more compute purchases, which means more Nvidia hardware deployed, which generates more revenue, which funds more investments.
Anthropic’s commitment to up to 1 gigawatt of computing power puts it in the same conversation as data center operators and energy companies, not just software firms.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Deroy Duarte, the 26-year-old central midfielder representing Cape Verde, has picked up the Michelob Ultra Superior Player of the Match award following a commanding performance at the 2026 FIFA World Cup. The honor came after Cape Verde secured a 4-0 victory, a result that underscored both the team’s ambitions and Duarte’s personal form on the biggest stage in football.
Who is Deroy Duarte Born on July 4, 1999, in Rotterdam, Netherlands, Duarte represents the growing pipeline of European-born talent choosing to represent smaller football nations with deep personal ties. In his case, that means Cape Verde, the island nation off the west coast of Africa.
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Duarte’s club career has taken him through the Dutch football system and beyond. He spent time at Fortuna Sittard in the Netherlands before making a move to Ludogorets Razgrad in Bulgaria’s First League in June 2024. His contract with the Bulgarian club runs through June 2028.
What the award means for Cape Verde The Michelob Ultra Superior Player of the Match is one of the marquee individual awards at the FIFA World Cup, with the beer brand serving as the presenting sponsor for the honor throughout the tournament.
Cape Verde competed in Group H during the 2026 FIFA World Cup. Duarte’s appearance in the tournament marks a significant milestone in his international career, and a 4-0 result only amplifies the statement.
The bigger picture for football and sponsorship Michelob Ultra’s role as the presenting sponsor of the Player of the Match award is part of a broader trend of consumer brands embedding themselves into football’s most visible moments.
For Duarte personally, the recognition raises his profile significantly. At 26, with a contract running through June 2028 at Ludogorets, a standout World Cup performance could accelerate his career trajectory considerably.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Nicolas Pépé earned the Michelob Ultra Superior Player of the Match award after powering Ivory Coast to a 2-0 victory over Curaçao at the 2026 FIFA World Cup on June 25. The Villarreal forward’s performance secured his nation’s spot in the knockout stages.
What happened on the pitch Pépé, the Ivorian forward who plays his club football at Villarreal in La Liga, scored at least one goal in the 2-0 win against Curaçao, earning him the match’s top individual honor, an award branded by Michelob Ultra as the tournament’s official beer sponsor.
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He was instrumental in Ivory Coast’s 2023 Africa Cup of Nations triumph. Germany’s Deniz Undav is among the other players who have received the same Michelob Ultra award during this tournament.
The sponsorship landscape crypto lost Michelob Ultra’s presence as a World Cup title sponsor is traditional brand marketing at its most straightforward. There are no NFT tie-ins, no fan tokens bundled with the award, no blockchain-based voting mechanism for selecting the best player.
The absence of crypto from marquee World Cup sponsorship slots punctures a narrative that was popular during the last cycle: the idea that crypto brands would inevitably displace traditional advertisers at the world’s biggest events. FTX had its name on an NBA arena. Crypto.com bought naming rights to the Staples Center. Coinbase ran a Super Bowl ad during the 2021-2022 bull market period.
No crypto tokens or digital assets are associated with Nicolas Pépé or Michelob Ultra in this context. No tokens were minted. No smart contracts were executed. It was a footballer playing well and a beer brand getting its money’s worth.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Binance will delist the IPUSDT and IPUSDC USDT-margined perpetual contracts due to the rebranding of the Story brand.
Per an official announcement, following the rebranding of the Story (IP) brand to Data Network, Binance will automatically liquidate IPUSDT and IPUSDC U-margined perpetual contracts at 17:00 CST (UTC+8) on June 28, 2026, and remove these perpetual contract trading pairs after liquidation concludes. Users are advised to close their positions voluntarily before trading is suspended to avoid automatic settlement of their positions. Starting from 16:30 CST (UTC+8) on June 28, 2026, users will no longer be able to submit new non-reduce-only orders for the aforementioned perpetual contracts. A separate announcement will be released when the new contract goes live.
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Sources: Israeli military withdrawal from Lebanon is an important "red line" for Iran.
Local time on June 25, a source close to the negotiation team said that Israel's withdrawal from Lebanese territory is one of the conditions for a final Iran-US agreement, and is regarded as an important "red line" by Iran's negotiation team. The source further stated that the final memorandum of understanding will guarantee Lebanon's sovereignty and territorial integrity. The agreement text previously reached in Switzerland already emphasized a "conflict resolution mechanism" that is participated in and uniformly implemented by Iran. Iran is currently following up on the specific implementation timeline. (CCTV)
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Apple's stock price fell by 6%, marking its largest decline since April 2025.
According to Bitget's market data, Apple's stock price fell by 6%, marking its largest decline since April 2025.
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Analyst: Bitcoin falls below $60,000, but institutions and whales are not continuing to bet on further declines.
Greeks.live macro researcher Adam posted on X: "Tomorrow is the quarterly expiry, and Bitcoin has dipped below $60,000. As seen in the GEX chart, $60,000 is clearly the highest open interest price point. Meanwhile, large positions are also starting to accumulate at $58,000 and $59,000, signaling rising market risk. Institutional investors and major holders have not continued to bet on a downward move; they are just waiting for the expiry."
22 minutes ago
TD Cowen Analyst: SpaceX May Acquire T-Mobile
TD Cowen analysts said SpaceX could acquire T-Mobile to accelerate its wireless communication ambitions if a network sharing agreement cannot be reached. The report points to Starlink’s existing partnership with T-Mobile US as a strategic fit. This idea is purely speculative, but it underscores the growing competitive pressure the space exploration firm faces in the telecom industry.
Standard Chartered sees AAVE crypto reaching $3,500 by the end of 2030. This scenario would place the token nearly 50 times above its $70 level observed at the time of the report’s publication. The bank is betting on the return of Aave, the rise of DeFi, and the arrival of traditional assets on the blockchain.
In brief Standard Chartered targets AAVE at $3,500 by 2030. The bank bets on massive growth of DeFi and tokenized assets. The success of Aave Horizon with institutions remains uncertain. Standard Chartered bets big Standard Chartered has just opened its coverage of Aave with one of the most ambitious forecasts in the crypto market. The bank sets a first target of $180 by the end of 2026, then $600 in 2027. It then aims for $1,200 in 2028, $2,200 in 2029, and $3,500 in 2030. A trajectory that aligns with the optimism already observed among crypto whales.
This estimate implies multiplying the price of AAVE crypto by about 50. Technically, the gain would be close to 4,900% from $70. The 5,000% threshold mainly serves to summarize the magnitude of the bet. Yet, Aave has never approached such a level. Its all-time high, reached in 2021, is around $661. Standard Chartered’s target would therefore exceed this former peak by more than five times.
The scenario is based first on a profound transformation of the crypto market. Standard Chartered estimates that the assets used in decentralized finance could reach about $2.7 trillion by 2030. This would represent growth close to 37 times current levels.
Three drivers would fuel this expansion. The bank cites the growth of stablecoins, the tokenization of traditional financial assets, and the increase in the share of tokenized assets actually deployed in DeFi. This evolution is already at the heart of the tokenized real assets market.
Aave crypto could directly benefit from this growth. The protocol connects depositors and borrowers without traditional banks. The more capital placed and borrowed increases, the more its activity generates revenues and fees.
Aave tries to turn the KelpDAO page This forecast comes after a severe crisis. The KelpDAO attack in April triggered panic in DeFi and significant withdrawals on Aave. Protocol deposits nearly halved, while its share of the credit market sharply declined.
Standard Chartered nonetheless believes the worst is over. Deposits have started to recover after their low point, and Aave has strengthened its risk management system. The bank thinks the protocol can maintain a dominant position in onchain credit.
The main catalyst expected for 2030 has a name: Aave Horizon. This platform allows qualified investors to borrow stablecoins using securities or other tokenized real assets as collateral.
But Standard Chartered admits that this step remains to be proven. Institutions follow different rules regarding compliance, custody, and risk management. A technically effective solution therefore does not guarantee mass adoption.
The $3,500 target also depends on the link between Aave’s growth and its crypto’s value. An increase in deposits does not automatically translate to an equivalent rise in AAVE. Governance, token buybacks, redistributed revenues, and competition will weigh on this relationship.
Standard Chartered’s forecast thus offers a scenario, not a certainty. Aave holds a strong position and privileged access to crypto credit. But to justify a nearly 5,000% increase, the protocol will have to overcome the KelpDAO crisis, attract traditional finance, and capture a significant share of future DeFi growth. The potential seems immense. The path remains largely to be built.
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Lydie M.
Enseignante et ingénieure IT, Lydie découvre le Bitcoin en 2022 et plonge dans l’univers des cryptomonnaies. Elle vulgarise des sujets complexes, décrypte les enjeux du Web3 et défend une vision d’un futur numérique ouvert, inclusif et décentralisé.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Crypto cycles have increasingly tracked macro data, with strong jobs and PMI figures tightening liquidity, while weaker prints often revive risk-on demand. Investors now closely watch unemployment and PMI thresholds, using them as signals to determine when to rotate between high-beta altcoins and more defensive, utility-heavy allocations. AI-driven creator platforms are emerging as a structural theme, transforming fragmented content tools and opaque revenue-sharing models into on-chain, programmable economies. SUBBD targets excessive creator‑platform fees, arbitrary bans, and fragmented AI stacks by merging Web3 payments, governance, and advanced AI tools into a single tokenized ecosystem. Macroeconomic data has quietly turned into one of crypto’s biggest mood swings. One minute, Bitcoin is surging higher on a soft US jobs report, the next it’s plummeting on a hotter-than-expected inflation print, as traders constantly adjust their expectations for rates, liquidity, and risk appetite.
Back in 2023, when unemployment flirted with 3.4% and PMI readings hovered near the 50 expansion line, markets reacted like everything was finally calming down.
Source: U.S. Bureau of Labor Statistics Bitcoin and Ethereum surged, while higher-beta sectors took off, and even AI and creator-economy tokens experienced outsized flows as investors chased momentum.
Then you have the other side of the coin. A stronger payrolls report or a surprise rebound in manufacturing can send bond yields flying, push the dollar higher, and suck liquidity out of speculative assets.
You have probably seen it play out a hundred times, with majors swinging 10 percent around Non-Farm Payrolls or PMI data. Altcoins without real utility usually get hit twice as hard.
That’s why more traders are starting to migrate toward projects with tangible use cases and real user demand. SUBBD fits neatly into that shift.
The token powers an AI content creation platform aimed at the $85B creator economy and continues attracting buyers even during choppy macro conditions.
The presale has already raised $1.3M; each SUBBD is currently priced at $0.057, and staking offers a 20% APY, which helps support long-term participation, regardless of whether the next data print sends markets into a risk-on or risk-off phase.
For a deeper dive into market drivers and long-term growth potential, you can explore our full SUBBD token price outlook.
How Jobs And PMI Data Steer Crypto Liquidity Cycles If you zoom out and look at major crypto tops and bottoms since 2020, they line up neatly with shifts in global liquidity. Ultra-loose policy, near-zero rates, and trillions in stimulus helped fuel the 2020 to 2021 bull run.
Once central banks began hiking aggressively in 2022 to fight sticky inflation, Bitcoin slid more than 70 percent from its all-time high, and speculative capital dried up across the board.
US employment and PMI data sit right at the center of that macro picture. Strong payroll growth and PMI readings comfortably above 50 usually signal a healthy economy. That gives central banks cover to keep policy tighter for longer, which pushes real yields higher and makes risk assets less appealing.
Softer data has the opposite effect; it revives rate cut bets, eases financial conditions, and often pulls fresh liquidity back into crypto.
In this kind of stop-start environment, investors have been rotating toward AI and creator economy plays that actually solve problems, from Render and Livepeer in compute and streaming, to Web3 social projects that are rebuilding the social graph.
SUBBD AI Creator Feature: Coming Soon SUBBD is trying to sit in that same lane, a content-focused AI and Web3 stack that aims to attract real creators and viewers, not just short-term speculation. That positioning can matter when the next payroll or PMI print flips sentiment from risk on to risk off in a single session.
Why SUBBD’s Utility Story Matters When Macro Turns Risk Off When liquidity tightens after a hot payroll report or a stronger PMI reading, tokens with weak foundations and no real revenue paths are usually the first to bleed. SUBBD is built on a different thesis.
The project combines Web3 rails with AI creator tooling to challenge platform fees that can reach 70 percent on legacy creator apps, while giving both creators and fans protection from arbitrary bans and geography-based restrictions.
At the center of the ecosystem is the SUBBD AI Personal Assistant, a toolkit that automates fan interactions, manages chats, handles basic support, and powers AI voice cloning and full AI influencer creation. All of these features are directly connected to crypto payments, token-gated content, and on-chain governance.
As the platform grows, transactional demand for the SUBBD token grows with it, regardless of whether the next PMI print lands at 48 or 55.
While many AI creator projects stop at simple chatbot functionality, SUBBD stacks multiple monetization routes on top. Creators can earn from subscriptions, pay-per-view content, NFT drops, and tipping, while users gain XP multipliers and additional rewards through the token.
The presale has already raised over $1.3M with each SUBBD priced at $0.057, which suggests that investors are willing to back a utility-driven model long before the full platform goes live.
On the reward side, staking starts with a 20% APY in the first year, then shifts into a model where stakers unlock platform benefits that include exclusive livestreams, in-house content, and daily behind-the-scenes drops.
In a macro climate where yields on traditional assets can shift after every jobs report, this blend of predictable on-chain rewards and real product utility is an appealing setup for investors who are comfortable taking measured risk.
A simple move, not a gamble, is often the smarter play, and the SUBBD presale gives early participants a chance to position before the platform reaches scale.
This article is for informational purposes only and does not constitute financial or investment advice.
Authored by Aaron Walker, NewsBTC – https://www.newsbtc.com/news/will-pmi-and-jobs-data-move-crypto-subbd-token
Jensen Huang took the stage at Computex 2026 in Taipei and did what he does best: unveiled a massive new AI model while wearing a leather jacket. The Nemotron 3 Ultra, packing roughly 500 to 550 billion parameters, is now the crown jewel of Nvidia’s open AI model family.
The keynote, delivered on June 1, 2026, at the Taipei Music Center, positioned Nvidia not just as a chipmaker but as a full-stack AI platform company.
What Nemotron 3 Ultra actually does The Ultra’s 500-550 billion parameter framework is designed specifically for advanced reasoning and planning, including agentic workflows — AI systems that plan, execute, and iterate on multi-step tasks with minimal human oversight.
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The Ultra sits at the top of a three-tier Nemotron 3 family. The Nano variant is already available for lighter workloads. The Super model, launched in March 2026 with 120 billion parameters, targets mid-range enterprise applications.
Nvidia’s team built the Nemotron 3 family using latent mixture-of-experts (MoE) techniques combined with NVFP4 training. The models activate only the relevant portions of their neural networks for any given task, rather than firing up all 500 billion parameters every time. The result is up to 5x higher throughput compared to previous versions.
Nvidia’s open model strategy is working Over 50 million downloads of Nemotron 3 family models were recorded in the year leading up to April 2026.
The Computex keynote contained no mentions of blockchain or crypto-related initiatives, with coverage focused entirely on AI infrastructure and enterprise computing.
What this means for investors The 5x throughput improvement means the cost-per-inference for enterprise AI drops significantly if those benchmarks hold in real-world deployments. The absence of cryptocurrency or blockchain mentions during the announcements suggests a focused strategy on hardware and AI, with implications for investors more keenly focused on traditional tech stocks than crypto plays.
Investors should watch whether the 50-million-download pace accelerates or plateaus in the quarters following the Ultra launch, as adoption velocity will indicate whether Nvidia’s open model strategy is building lasting market share.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
PANews, June 1st - According to Cailian Press, NVIDIA (NVDA.O) CEO Jensen Huang released the new AI model Nemotron 3 Ultra. In addition, NVIDIA officially entered the personal computer chip market with a new processor, aiming to break Intel's monopoly in this field and drive PC devices to meet the development needs of the artificial intelligence era. NVIDIA also launched an intelligent agent toolkit including NemoGuard, Nemotron, OpenShell, and CUDA-X.
Nvidia will collaborate with MediaTek to develop the RTX Spark PC chip. Jensen Huang stated that Nvidia will release a new generation of PC chips for each generation of AI processors, and computers equipped with Nvidia's RTX Spark chips will be available this fall.
In addition, NVIDIA launched the Alpamayo 2 super open inference model, designed specifically for robot taxis; the company also released the NVIDIA ISAAC GR00T humanoid robot reference platform for academic research.
In brief NVIDIA unveiled Nemotron 3 Ultra at Computex on June 1, a 550-billion-parameter open-weight model. The model delivers over 300 tokens per second on a pre-release DeepInfra endpoint, running three to six times faster than Chinese rivals But Kimi K2.6 from Moonshot AI still leads the open-weight intelligence ranking. Jensen Huang walked onto the Computex stage in Taipei on Sunday, leather jacket on, and unveiled Nemotron 3 Ultra—Nvidia's largest open AI model ever and, at least for now, the smartest open-weight model built in America. It's good. It's just not good enough to beat China.
The model packs roughly 550 billion total parameters but runs on only 55 billion active ones at any given moment, using a design called mixture-of-experts. Parameters are what determine an AI model’s breadth of knowledge, with a greater number generally meaning more powerful.
To understand how a mixture-of-experts model works, think of it like a hospital with hundreds of specialists: When a patient comes in, only the relevant doctors actually show up—not everyone on staff. That approach keeps the cost of running the model far lower than its headline parameter count would suggest, which is exactly why Nvidia can claim 5x faster inference and costs 30% lower than comparable open-weight alternatives.
Independent evaluator Artificial Analysis, which partnered with Nvidia on the pre-release assessment, put Nemotron 3 Ultra at 48 on its Intelligence Index—a composite benchmark that aggregates 10 evaluations spanning reasoning, coding, general knowledge, and agentic performance, scored on a numbered scale where higher means smarter.
That makes it the top U.S. open-weight model by a comfortable margin. The next closest American options are Gemma 4 31B from Google at 39, Nemotron 3 Super at 36, and OpenAI's gpt-oss-120b at 33.
NVIDIA just announced the release of Nemotron 3 Ultra in Jensen Huang's Computex keynote: at 550B parameters (55B active), this is the largest Nemotron 3 model to date, and it is the most intelligent US open weights model
We partnered with @nvidia to evaluate this model for… pic.twitter.com/WPXZGLBOn8
— Artificial Analysis (@ArtificialAnlys) June 1, 2026
The gap over its own predecessor is striking. Nemotron 3 Super, released in March 2026 at 120 billion parameters, was already considered a solid open model for autonomous agents. Ultra jumps 12 index points above it, which in this benchmarking landscape is a big leap.
What the Nemotron family isNvidia has been in the model business longer than most people realize. The first Nemotron-branded model dropped in November 2023, with the third generation announced in December 2025.
The family comes in three sizes: Nano for lightweight tasks, Super for mid-range enterprise applications, and Ultra for complex reasoning workloads. All three share the same hybrid architecture combining Mamba-2 layers, standard Transformer attention, and mixture-of-experts routing.
Mamba-2 is an alternative to standard attention that processes long sequences at a fraction of the cost—relevant when you want a model capable of holding a million tokens in memory at once. Nemotron 3 Ultra supports a 1-million-token context window, meaning an agent can, in theory, have an entire large codebase or hundreds of research documents in view simultaneously.
The Ultra model also includes a technique called multi-token prediction (MTP), which lets the model predict several future tokens at once rather than one at a time, speeding up generation. All three Nemotron 3 models were post-trained using reinforcement learning across multiple interactive environments, teaching them to plan and execute multi-step tasks rather than just answer questions.
The Ultra's weights are public and its training recipes are being released. Do you need a supercomputer to run it? Essentially, yes—a 550-billion-parameter model lives in datacenter territory. But you can access it through Nvidia's API or cloud providers without owning the hardware yourself, the same way anyone already uses GPT or Claude through a browser.
Fast model, slower brainThe speed story is where Nemotron 3 Ultra genuinely stands out. On a pre-release DeepInfra endpoint, the model served over 300 output tokens per second. Chinese models in its intelligence class—DeepSeek V4 Pro and Kimi K2.6—are served at 50–100 tokens per second through their commercial APIs today. That speed gap matters for real-world deployments, particularly for autonomous agents executing long multi-step tasks where waiting for each step compounds quickly.
But raw speed doesn't settle the intelligence contest. The chart Artificial Analysis published tells the actual story plainly. On the vertical axis—intelligence—Nemotron 3 Ultra sits at 48 which is nice, but China's Kimi K2.6 from Moonshot AI sits at 54. That six-point gap on the index represents a meaningful difference: Kimi K2.6 was released in April 2026 and currently ranks fourth among all AI models globally, closed or open, sitting only three points behind Anthropic, Google, and OpenAI's proprietary flagships—all tied at 57.
The U.S. open-weight situation isn't new. Chinese labs have been flooding the open ecosystem with strong models while American companies—OpenAI, Anthropic, Google—keep their best systems behind APIs. As Decrypt reported in March, Chinese open-source models jumped from roughly 1.2% of global open-model usage in late 2024 to around 30% by end of 2025. Nvidia is the biggest American name actively trying to reverse that trend, with a publicly disclosed five-year plan to spend $26 billion on open-weight AI development.
Nemotron 3 Ultra is the most visible result of that bet so far. Nvidia also announced it is already working on Nemotron 4—the next generation—developed through the Nemotron Coalition, a group of eight AI labs including Mistral AI and Perplexity that Nvidia assembled in March 2026 to co-develop open frontier models on DGX Cloud infrastructure. Nemotron 3 Ultra ships June 4.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
Nvidia takes a new step in open artificial intelligence with Nemotron 3 Ultra, its most powerful model to date. Presented at Computex 2026 in Taipei, this system impresses with its speed and reasoning capabilities. Yet, despite this major advance, Chinese labs continue to dominate the global open source AI rankings. Can Nvidia really catch up?
In brief Nvidia unveiled Nemotron 3 Ultra, its most advanced open source AI model to date. The model shows performance superior to all open-weight American competitors. Nemotron 3 Ultra generates more than 300 tokens per second, several times faster than its Chinese rivals. Nvidia signs a major advance in open source AI On June 1st, in Taipei, Nvidia CEO Jensen Huang presented Nemotron 3 Ultra at the Computex show. With its 550 billion parameters, it is the largest open-weight model ever developed by the American company. This announcement also marks an important milestone for the open AI ecosystem in the United States.
In reality, only 55 billion parameters are activated simultaneously thanks to an architecture called “mixture of experts” (Mixture of Experts). This approach allows the model to mobilize only the necessary resources for each task. Result: faster execution and significantly reduced operating costs.
According to Nvidia, Nemotron 3 Ultra offers inference speeds up to five times higher than some competing models while reducing costs by about 30%. For companies developing autonomous agents or complex applications, this advantage could translate into significant productivity gains.
Independent assessments conducted by Artificial Analysis reinforce this impression. The model scores 48 on its intelligence index, which notably measures reasoning abilities, programming, general knowledge, and AI agent performance. This result places Nemotron 3 Ultra well ahead of other American open models, including those developed by Google or OpenAI.
This progress is all the more remarkable because its predecessor, Nemotron 3 Super, launched a few months earlier, scored 12 points lower. In a sector where every point gained becomes increasingly difficult to obtain, this improvement represents a real technological leap.
China maintains its lead in the open source race Despite this progress, Nvidia has not yet managed to dethrone the Chinese leaders. The main obstacle has a name: Kimi K2.6, developed by Moonshot AI.
With a score of 54 on the Artificial Analysis index, Kimi K2.6 maintains a significant lead over Nemotron 3 Ultra. Even more impressively, the Chinese model is among the most powerful AI systems in the world, across all categories, whether open or proprietary.
This domination is not by chance. For several years, Chinese labs have multiplied the publication of high-level open source models. Conversely, American giants such as OpenAI, Anthropic, or Google generally reserve their most advanced technologies for proprietary services accessible via API.
This strategy has profoundly changed the market balance. At the end of 2024, Chinese models represented a marginal share of global open source AI usage. A year later, their share was already approaching 30%, illustrating the speed of their rise.
Aware of this strategic challenge, Nvidia invests massively in open AI. The group has already announced a $26 billion development plan over five years and is now working on Nemotron 4. This new generation will be developed with several major partners, including Mistral AI and Perplexity, within the Nemotron Coalition.
Nemotron 3 Ultra confirms that Nvidia is now the most ambitious American player in open source AI. Its lead in speed and efficiency could attract many companies.
However, the global open AI battle is no longer only between American giants. Today, China sets the pace of innovation and forces Western players to accelerate their efforts. For Nvidia, Nemotron 3 Ultra represents a major advance, but probably only a step in a technological competition that is just beginning.
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Fenelon L.
Passionné par le Bitcoin, j'aime explorer les méandres de la blockchain et des cryptos et je partage mes découvertes avec la communauté. Mon rêve est de vivre dans un monde où la vie privée et la liberté financière sont garanties pour tous, et je crois fermement que Bitcoin est l'outil qui peut rendre cela possible.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Stifel: U.S. economy in "overheated expansion" as AI investment cycle outweighs consumer pressure
U.S. large diversified financial services holding company Stifel has raised its year-end S&P 500 target and rolled out a stock allocation framework for a "high-growth, high-inflation" environment. The firm lifted its year-end S&P 500 target to 7,800 points, noting the U.S. economy is entering a "running hot" state—where economic growth is strengthening alongside mounting inflationary pressure. Stifel’s models show U.S. growth momentum is picking up while inflation momentum is clearly overheating, a trend that will reshape the market’s leading sector structure in the second half of the year. Instead of traditional consumer sectors, Stifel’s top picks are investment-led cyclical industries, including banks, transportation, materials, energy, semiconductors, software and equipment. The firm adds that fixed-asset investment in AI remains on the rise: large tech firms including Amazon, Microsoft, Meta and Google are projected to combine for roughly $725 billion in total capital expenditures in 2026, some $100 billion higher than prior estimates. This means the AI investment chain is likely to continue outperforming the consumption chain squeezed by inflation. Stifel advises investors to reduce exposure to discretionary consumer, consumer staples, communication services and some financial services sectors, as these areas see weaker earnings revisions. Conversely, the firm favors cyclical value stocks and hedges with defensive value sectors such as insurance, autos, energy and banks.
2 minutes ago
Analyst: Micron's earnings boost overall market sentiment for the tech sector
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2 minutes ago
2x Leveraged Long DRAM ETF (RAM) Records $383 Million in Trading Volume on Its First Day of Listing
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2 minutes ago
BCA Research raises its S&P 500 target to 8,100 points, with AI remaining a core variable.
BCA Research has become the latest strategy firm to raise its US stock market target, reflecting Wall Street’s growing optimism about earnings support for US equities in the second half of the year. The institution lifted its year-end S&P 500 target from 7,700 points to 8,100 points. BCA’s core view is that first-quarter corporate earnings exceeded expectations in both strength and breadth, and the US economy has re-entered an expansion phase. Similar to JPMorgan Chase, BCA believes this stock rally is not only driven by valuation expansion—earnings themselves are delivering the index’s gains. AI remains the core variable in this assessment. Large tech firms including Alphabet, Microsoft, Amazon, Meta and Oracle continue to increase capital spending on data centers and AI infrastructure, driving growth in orders for chips, servers, construction, power and related industrial chains. This provides a clearer fundamental basis for upward revisions to 2026 and 2027 earnings. The institution points out that risks exist: the earnings expansion brought by AI investments has already been quickly priced into the market. If subsequent returns on capital spending are questioned, or interest rates remain elevated, further upside for the index will require more earnings confirmation rather than relying solely on investor risk appetite.
2 minutes ago
Tom Lee: Markets have nearly priced in two interest rate hikes from the Federal Reserve this year, and the rise in US Treasury yields is weighing on market sentiment.
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2 minutes ago
Japan and South Korea's stock markets closed higher across the board, with Japan's stock market hitting a new closing high.
According to Bitget market data, the Nikkei 225 index closed up 3,191.37 points, or 4.61%, at 72,366.34 points on Thursday, June 25, hitting a new all-time closing high. South Korea’s KOSPI index rose 459.76 points (5.43%) to end at 8,930.78 points; SK Hynix surged 13% while Samsung Electronics gained more than 5%.
Stifel: U.S. economy in "overheated expansion" as AI investment cycle outweighs consumer pressure
U.S. large diversified financial services holding company Stifel has raised its year-end S&P 500 target and rolled out a stock allocation framework for a "high-growth, high-inflation" environment. The firm lifted its year-end S&P 500 target to 7,800 points, noting the U.S. economy is entering a "running hot" state—where economic growth is strengthening alongside mounting inflationary pressure. Stifel’s models show U.S. growth momentum is picking up while inflation momentum is clearly overheating, a trend that will reshape the market’s leading sector structure in the second half of the year. Instead of traditional consumer sectors, Stifel’s top picks are investment-led cyclical industries, including banks, transportation, materials, energy, semiconductors, software and equipment. The firm adds that fixed-asset investment in AI remains on the rise: large tech firms including Amazon, Microsoft, Meta and Google are projected to combine for roughly $725 billion in total capital expenditures in 2026, some $100 billion higher than prior estimates. This means the AI investment chain is likely to continue outperforming the consumption chain squeezed by inflation. Stifel advises investors to reduce exposure to discretionary consumer, consumer staples, communication services and some financial services sectors, as these areas see weaker earnings revisions. Conversely, the firm favors cyclical value stocks and hedges with defensive value sectors such as insurance, autos, energy and banks.
2 minutes ago
Analyst: Micron's earnings boost overall market sentiment for the tech sector
Chris Strazzeri, Financial Trading Manager of Moomoo’s Australia and New Zealand branch, stated: “The targeted sell-off indicates that following a sustained, strong rally in AI-related and speculative growth stocks, investors are enforcing strict valuation discipline. This serves as a warning to the market that actual earnings levels must now rise to support the currently overvalued price-to-earnings ratio. Micron Technology’s post-market earnings results largely confirm this, and its robust performance has lifted overall market sentiment in the tech sector.”
2 minutes ago
2x Leveraged Long DRAM ETF (RAM) Records $383 Million in Trading Volume on Its First Day of Listing
According to Bitget market data, the Roundhill T-REX 2X Long DRAM Daily Target ETF (Nasdaq ticker: RAM) officially launched trading yesterday. On its first trading day, the fund recorded a total turnover of $383 million, and rose 29.47% in after-hours U.S. stock trading to hit $30.8. Note: RAM’s underlying exposure covers companies engaged in memory-related technologies, including DRAM, NAND and storage solutions, targeting active traders seeking leveraged exposure to the memory chip theme and artificial intelligence infrastructure development.
2 minutes ago
BCA Research raises its S&P 500 target to 8,100 points, with AI remaining a core variable.
BCA Research has become the latest strategy firm to raise its US stock market target, reflecting Wall Street’s growing optimism about earnings support for US equities in the second half of the year. The institution lifted its year-end S&P 500 target from 7,700 points to 8,100 points. BCA’s core view is that first-quarter corporate earnings exceeded expectations in both strength and breadth, and the US economy has re-entered an expansion phase. Similar to JPMorgan Chase, BCA believes this stock rally is not only driven by valuation expansion—earnings themselves are delivering the index’s gains. AI remains the core variable in this assessment. Large tech firms including Alphabet, Microsoft, Amazon, Meta and Oracle continue to increase capital spending on data centers and AI infrastructure, driving growth in orders for chips, servers, construction, power and related industrial chains. This provides a clearer fundamental basis for upward revisions to 2026 and 2027 earnings. The institution points out that risks exist: the earnings expansion brought by AI investments has already been quickly priced into the market. If subsequent returns on capital spending are questioned, or interest rates remain elevated, further upside for the index will require more earnings confirmation rather than relying solely on investor risk appetite.
2 minutes ago
Tom Lee: Markets have nearly priced in two interest rate hikes from the Federal Reserve this year, and the rise in US Treasury yields is weighing on market sentiment.
Tom Lee said the market is still digesting Kevin Warsh’s remarks from his first press conference last week and repricing the macro environment. Over the past week, oil prices have pulled back, with war premiums contracting. Current oil prices are not far from the roughly $65 level seen before the conflict, indicating the market views related war risks as declining. On the other hand, 10-year U.S. Treasury yields continue to rise, now around 4.5%, higher than the pre-conflict level of roughly 4.2%. The main headwind the market has faced recently has shifted from oil prices to yields. Tom Lee noted that the market is not only focused on 10-year U.S. Treasury yields but also starting to price in potential additional interest rate hikes from the Federal Reserve. According to federal funds futures, the market is currently pricing in nearly two rate hikes this year. Bank of America further projected today that the Fed will raise rates three times this year, in September, October, and December respectively. Jeffrey Gundlach often emphasizes the importance of monitoring 2-year U.S. Treasury yields, as they typically lead the Fed and signal the central bank’s policy direction. Between 2023 and 2025, the relationship between 2-year U.S. Treasury yields and the federal funds rate indicated that the Fed’s policy was overly tight, requiring interest rate cuts. However, this relationship has recently reversed, meaning the Fed would need two rate hikes to catch up with 2-year U.S. Treasury yields. He believes that, at least for now, yields have become a headwind for the market.
2 minutes ago
Japan and South Korea's stock markets closed higher across the board, with Japan's stock market hitting a new closing high.
According to Bitget market data, the Nikkei 225 index closed up 3,191.37 points, or 4.61%, at 72,366.34 points on Thursday, June 25, hitting a new all-time closing high. South Korea’s KOSPI index rose 459.76 points (5.43%) to end at 8,930.78 points; SK Hynix surged 13% while Samsung Electronics gained more than 5%.
Stifel: U.S. economy in "overheated expansion" as AI investment cycle outweighs consumer pressure
U.S. large diversified financial services holding company Stifel has raised its year-end S&P 500 target and rolled out a stock allocation framework for a "high-growth, high-inflation" environment. The firm lifted its year-end S&P 500 target to 7,800 points, noting the U.S. economy is entering a "running hot" state—where economic growth is strengthening alongside mounting inflationary pressure. Stifel’s models show U.S. growth momentum is picking up while inflation momentum is clearly overheating, a trend that will reshape the market’s leading sector structure in the second half of the year. Instead of traditional consumer sectors, Stifel’s top picks are investment-led cyclical industries, including banks, transportation, materials, energy, semiconductors, software and equipment. The firm adds that fixed-asset investment in AI remains on the rise: large tech firms including Amazon, Microsoft, Meta and Google are projected to combine for roughly $725 billion in total capital expenditures in 2026, some $100 billion higher than prior estimates. This means the AI investment chain is likely to continue outperforming the consumption chain squeezed by inflation. Stifel advises investors to reduce exposure to discretionary consumer, consumer staples, communication services and some financial services sectors, as these areas see weaker earnings revisions. Conversely, the firm favors cyclical value stocks and hedges with defensive value sectors such as insurance, autos, energy and banks.
2 minutes ago
Analyst: Micron's earnings boost overall market sentiment for the tech sector
Chris Strazzeri, Financial Trading Manager of Moomoo’s Australia and New Zealand branch, stated: “The targeted sell-off indicates that following a sustained, strong rally in AI-related and speculative growth stocks, investors are enforcing strict valuation discipline. This serves as a warning to the market that actual earnings levels must now rise to support the currently overvalued price-to-earnings ratio. Micron Technology’s post-market earnings results largely confirm this, and its robust performance has lifted overall market sentiment in the tech sector.”
2 minutes ago
2x Leveraged Long DRAM ETF (RAM) Records $383 Million in Trading Volume on Its First Day of Listing
According to Bitget market data, the Roundhill T-REX 2X Long DRAM Daily Target ETF (Nasdaq ticker: RAM) officially launched trading yesterday. On its first trading day, the fund recorded a total turnover of $383 million, and rose 29.47% in after-hours U.S. stock trading to hit $30.8. Note: RAM’s underlying exposure covers companies engaged in memory-related technologies, including DRAM, NAND and storage solutions, targeting active traders seeking leveraged exposure to the memory chip theme and artificial intelligence infrastructure development.
2 minutes ago
BCA Research raises its S&P 500 target to 8,100 points, with AI remaining a core variable.
BCA Research has become the latest strategy firm to raise its US stock market target, reflecting Wall Street’s growing optimism about earnings support for US equities in the second half of the year. The institution lifted its year-end S&P 500 target from 7,700 points to 8,100 points. BCA’s core view is that first-quarter corporate earnings exceeded expectations in both strength and breadth, and the US economy has re-entered an expansion phase. Similar to JPMorgan Chase, BCA believes this stock rally is not only driven by valuation expansion—earnings themselves are delivering the index’s gains. AI remains the core variable in this assessment. Large tech firms including Alphabet, Microsoft, Amazon, Meta and Oracle continue to increase capital spending on data centers and AI infrastructure, driving growth in orders for chips, servers, construction, power and related industrial chains. This provides a clearer fundamental basis for upward revisions to 2026 and 2027 earnings. The institution points out that risks exist: the earnings expansion brought by AI investments has already been quickly priced into the market. If subsequent returns on capital spending are questioned, or interest rates remain elevated, further upside for the index will require more earnings confirmation rather than relying solely on investor risk appetite.
2 minutes ago
Tom Lee: Markets have nearly priced in two interest rate hikes from the Federal Reserve this year, and the rise in US Treasury yields is weighing on market sentiment.
Tom Lee said the market is still digesting Kevin Warsh’s remarks from his first press conference last week and repricing the macro environment. Over the past week, oil prices have pulled back, with war premiums contracting. Current oil prices are not far from the roughly $65 level seen before the conflict, indicating the market views related war risks as declining. On the other hand, 10-year U.S. Treasury yields continue to rise, now around 4.5%, higher than the pre-conflict level of roughly 4.2%. The main headwind the market has faced recently has shifted from oil prices to yields. Tom Lee noted that the market is not only focused on 10-year U.S. Treasury yields but also starting to price in potential additional interest rate hikes from the Federal Reserve. According to federal funds futures, the market is currently pricing in nearly two rate hikes this year. Bank of America further projected today that the Fed will raise rates three times this year, in September, October, and December respectively. Jeffrey Gundlach often emphasizes the importance of monitoring 2-year U.S. Treasury yields, as they typically lead the Fed and signal the central bank’s policy direction. Between 2023 and 2025, the relationship between 2-year U.S. Treasury yields and the federal funds rate indicated that the Fed’s policy was overly tight, requiring interest rate cuts. However, this relationship has recently reversed, meaning the Fed would need two rate hikes to catch up with 2-year U.S. Treasury yields. He believes that, at least for now, yields have become a headwind for the market.
2 minutes ago
Japan and South Korea's stock markets closed higher across the board, with Japan's stock market hitting a new closing high.
According to Bitget market data, the Nikkei 225 index closed up 3,191.37 points, or 4.61%, at 72,366.34 points on Thursday, June 25, hitting a new all-time closing high. South Korea’s KOSPI index rose 459.76 points (5.43%) to end at 8,930.78 points; SK Hynix surged 13% while Samsung Electronics gained more than 5%.
