A share of Johnson & Johnson (NYSE: JNJ) paid $0.25 per quarter in dividends in 1999. That same share pays $1.34 per quarter in 2026. The stock price has moved through plenty of cycles since then, but the income stream alone has more than quintupled without the investor doing anything except holding.
That trajectory is the real case for owning smaller dividends that can grow.
The Income Trap Hiding In High Yields Income-focused buyers often gravitate toward 8% to 14% yields offered by covered-call funds, mortgage REITs, and business development companies. Those products can solve cash flow this quarter. They may not solve it 20 years from now if distributions are cut or principal erodes.
Run the numbers on a $500,000 portfolio:
At a 10% static yield: $50,000 in year one and $50,000 in year 15, before any inflation loss or principal change.
At a 1.7% blended yield growing 9% annually: about $8,500 in year one, with the dollar income roughly doubling every eight years.
The dividend grower catches the static 10% yielder after about 21 annual increases and keeps going if the growth rate holds. The shares are still yours, but the key assumption is that the underlying business keeps earning enough to support the higher payout.
Why Growth Beats Headline Yield The compounding mechanic is yield on cost. The quoted yield resets daily against today’s share price. The yield against your original cost rises as the dividend grows. A Microsoft (NASDAQ:MSFT | MSFT Price Prediction) shareholder today collects a quarterly dividend of $0.91 per share, up from $0.08 in 2004.
The long-term return record often reinforces the story, but the comparison has to be made carefully. Price return and total return are not the same, and covered-call ETFs have shorter or different histories depending on the fund. A cleaner test is to compare dividend growers, REITs, BDCs, and covered-call funds over the same dates with distributions reinvested.
Five Real Dividend-Growth Records Johnson & Johnson: recent yield near 2.1%, with 64 consecutive years of dividend increases, Q1 2026 reported sales growth of 9.9%, and the latest quarterly payout lifted to $1.34. Procter & Gamble: recent yield near 2.9%, with dividends paid for 136 consecutive years since incorporation in 1890, 70 consecutive annual increases, and a current quarterly payment of $1.0885. McDonald’s: recent yield near 2.8%, with the quarterly dividend at $1.86 and Q1 2026 consolidated revenue up 9%. Microsoft: recent yield near 1.0%, with the quarterly dividend up from $0.08 in 2004 to $0.91, and an AI business that surpassed a $37 billion annual revenue run rate, up 123% year over year. Visa: recent yield near 0.8%, with its quarterly dividend lifted to $0.67 and fiscal Q2 2026 non-GAAP EPS of $3.31. The blend looks unimpressive on a yield screen. It looks very different on a 25-year income statement. Lowe’s rounds out the same playbook with a quarterly dividend lifted to $1.25 in 2026, a 4% increase from the prior $1.20 payout.
What to Measure Beyond Current Yield Three concrete steps for investors willing to trade headline yield for compounding:
Anchor on actual spending. The income a dividend-growth portfolio has to replace is often lower than gross salary once payroll taxes, retirement contributions, and some work-related costs disappear. Shrinking the income target shrinks the capital target by the same proportion.
Compare total returns across income categories. The 10-year Treasury recently sat near 4.4%, so any higher-yield strategy should be judged against both its income and principal record. A fund that pays a large distribution but loses capital may not be creating as much income as the yield suggests.
If you are within five years of retirement, ladder the transition. Hold growers for the back half of retirement income, and reserve shorter-duration high-yield instruments for the first few years of cash flow where the longevity of the distribution matters less. A 1.7% yield that grows can eventually outperform a 10% yield that stands still, but only if the dividend growth continues long enough. That is the real trade-off. A high yield can solve the first paycheck. A growing dividend can solve the later ones, when inflation and time have done the most damage.
Contact [email protected] for any questions or corrections.
Earnings season is about to begin, and Delta Air Lines (DAL 1.51%) is one of the first big names up. The carrier reports second-quarter results Friday, July 10, before the market opens, among the earliest S&P 500 companies to do so. With the stock up about 35% this year as of this writing, is it worth buying ahead of the report?
Let's look at what Delta told investors last quarter, what it has guided for this one, and how the valuation stacks up.
Image source: Getty Images.
What Delta set up last quarter When Delta reported March-quarter results in April, the headline was demand. Adjusted revenue rose 9.4% year over year to a record $14.2 billion for the period, and adjusted earnings per share came in at $0.64. Free cash flow was a healthy $1.2 billion. The company also kept paying down debt, trimming adjusted net debt to $13.5 billion, below where it stood in 2019.
More important for Friday is what management guided toward for the June quarter. Delta called for revenue up in the low teens year over year, an operating margin of 6% to 8%, and adjusted earnings per share of $1.00 to $1.50. It expects to lead the industry with about $1 billion in profit for the quarter.
CEO Ed Bastian struck a confident tone.
"In the June quarter, we expect to lead the industry with $1 billion of profit," he said in the company's March-quarter release. He added that while a recent fuel spike is pressuring earnings, "this environment ultimately reinforces Delta's leadership."
That last point is the swing factor. Delta's June-quarter guidance already bakes in higher fuel costs. It assumed all-in fuel of about $4.30 per gallon, and management responded by pulling back on capacity growth to protect margins. So the question Friday isn't just how strong demand was. It's whether Delta held its profit line against a costlier fuel backdrop.
It's also worth remembering how Delta makes its money. Beyond main-cabin ticket sales, the airline leans on a lucrative co-branded credit card program and a growing premium-cabin business. Those higher-margin revenue streams are a big reason Delta consistently out-earns the rest of the industry, and they're part of why management can guide to a $1 billion quarter even with fuel working against it.
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Does the setup make the stock a buy? Here's where valuation comes in, and it's the most compelling part of the story. At about $92 per share, Delta trades at roughly 13 times trailing earnings. That's well below the broader market's multiple of more than 20. Rival United Airlines is cheaper still, at about 12 times earnings. In other words, the market is pricing airlines like cyclical, low-quality businesses even as Delta generates industry-leading profits and real free cash flow.
That gap is the bull case. If Delta keeps producing $1 billion quarters and paying down debt, a low-teens earnings multiple looks too cheap for the strongest operator in the group. And the company has given itself levers to defend margins, from cutting capacity to recapturing fuel costs, instead of leaning on strong demand alone.
But should you buy specifically to catch Friday's report?
I'd be careful there. No one can know how a stock will react to a single earnings release, and buying just ahead of one is closer to a coin flip than an investment. Delta delivered last quarter's results within its own guidance despite a fuel spike, but a soft read on demand or an ugly fuel number could send shares lower regardless of how cheap they look.
Overall, I think Delta is an attractive stock at about 13 times earnings for investors willing to hold through the sector's cyclical swings. But the decision shouldn't hinge on Friday's report. Only consider the stock if you like the business and its valuation from a long-term perspective, because there's no way to know how the stock will react after the earnings report drops.
Hewlett Packard Enterprise (HPE +2.76%) has gone from a legacy hardware vendor to an artificial intelligence (AI) infrastructure player in a matter of months. The stock is up 81% year to date, and management recently raised full-year earnings guidance by over 40% after the company blew past expectations in the second quarter.
While the first wave of AI infrastructure spending was dominated by hyperscalers building massive cloud data centers, the second phase is being driven by enterprises building their own on-premises AI capabilities. Running AI workloads with a variety of models on your own hardware is cheaper, and allows companies to protect their intellectual property, data, and competitive advantages.
HPE's timely acquisition of Juniper Networks last year positioned it to benefit from this spending. Businesses are drawn to Hewlett Packard Enterprise's integrated approach, which combines servers, storage, and high-performance networking gear, allowing its customers to build AI factories they control.
Image source: Getty Images.
Why networking drives deal size Running AI requires graphics processing unit (GPU) clusters and networking hardware that communicate without delays. If the network lags, expensive GPUs sit idle.
After adding Juniper's capabilities, HPE can now offer a complete, integrated stack of compute, networking, storage, and private cloud software. Management noted on its second-quarter earnings call that demand for Juniper's solutions is now pulling through larger deals for servers and storage. Networking revenue reached $2.7 billion in Q2, with segment operating margins of 21.6%, accounting for over 40% of the company's total operating income.
As its networking solutions open the door for larger infrastructure sales, HPE is positioned to improve its profit margins as it captures a growing share of enterprise budgets. Competition from larger rivals such as Cisco and Arista Networks will be stiff, but broad-based demand should keep HPE busy.
Taking traditional servers along for the ride Traditional server orders tripled in the second quarter, as companies aim to build out inference and agentic AI capabilities. HPE exited the quarter with a record $5.9 billion backlog, as demand for its AI systems and traditional servers is growing faster than it can ship them.
The jump in orders supports HPE's strategy to become the preferred provider of on-premises AI servers, but the company will need to work through industrywide supply shortages of components such as memory to convert its growing backlog into revenue.
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For investors, the stock is not as attractive a buy as it was just a few months ago. That said, trading at roughly 13 times this year's earnings estimates, it's still a solid investment on a theme that's still in its early stages.
Bryan White has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Arista Networks, Cisco Systems, and Hewlett Packard Enterprise. The Motley Fool has a disclosure policy.
SAP is a strong buy after a near 50% stock price crash, offering an attractive entry point. SAP's transformation is accelerating, with cloud revenue up 27% and a growing backlog. AI disruption is viewed as an opportunity, not a threat, due to SAP's product stickiness and adaptive billing models.
Here are three stocks with buy rank and strong value characteristics for investors to consider today, July 9:
DHI Group, Inc. (DHX - Free Report) : This recruitment technology company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing by 6.7% over the last 60 days.
DHI Group has a price-to-earnings ratio (P/E) of 12.31 compared with 22.87 for the S&P. The company possesses a Value Scoreof A.
Alliance Resource Partners, L.P. (ARLP - Free Report) : This diversified natural resource company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing by 3.3% over the last 60 days.
Alliance Resource Partners has a price-to-earnings ratio (P/E) of 10.74 compared with 12.60 for the industry. The company possesses a Value Score of A.
Block, Inc. (XYZ - Free Report) : This fintech company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 2.6% over the last 60 days.
Block has a price-to-earnings ratio (P/E) of 19.89 compared with 158.10 for the industry. The company possesses a Value Score of B.
See the full list of top ranked stocks here.
Learn more about the Value score and how it is calculated here.
Shares of Palantir Technologies (PLTR 1.57%) got pummeled during the first six months of 2026, with shares plunging 34%, according to data provided by S&P Global Market Intelligence. That's a far cry from the 10% gains of the S&P 500.
Artificial intelligence (AI) stocks have been taking a breather over the past year as investors have grown more discriminating, casting a wary eye on stocks with frothy valuations and looking for the "next big thing." However, Palantir's stellar results and its lower stock price have combined to bring its valuation back to Earth, making the price more reasonable than it's been in some time.
Is the worst over? Let's take a look.
Image source: Getty Images.
The numbers paint a compelling picture Since the start of this year, Palantir has delivered two quarterly financial reports, and each has been better than the last.
For the fourth quarter -- which was reported in early February -- Palantir delivered record revenue that surged 70% year over year and 19% quarter over quarter to $1.4 billion. This marked the 10th successive quarter of accelerating growth. This drove adjusted earnings per share (EPS) of $0.25.
Driving the results was demand for the company's Artificial Intelligence Platform (AIP). U.S. government revenue of $507 million climbed 66% to $570 million, while U.S. commercial revenue -- which includes AIP -- soared 137% to $507 million. Perhaps more telling was Palantir's remaining performance obligation (RPO), commonly called backlog, which surged 143% to $4.21 billion. This shows the company is building a solid foundation for the future.
Palantir's first-quarter results, reported in May, were even better. Revenue jumped 85% year over year to $1.63 billion -- marking the company's highest-ever year-over-year growth rate. This fueled adjusted EPS that surged 154% to $0.33.
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While U.S. government revenue grew an impressive 84% year over year, U.S. commercial revenue flew even higher, soaring 133% year over year, as demand for AIP continued to lead the way. At the same time, its RPO jumped 134%. Its Rule of 40 score, which illustrates the balance between the company's strong growth and increasing profitability, reached rarified territory of 145% -- when any number above 40% is considered healthy.
Not only is Palantir attracting new customers, but is also expanding its relationships with existing users, as evidenced by its net dollar retention rate of 150%. Put another way, existing customers spent 50% more, on average, in Q1 than in the year-ago quarter.
Investors have been watching closely over the past year, concerned that AI adoption had peaked, but the evidence clearly suggests otherwise. Palantir increased its full-year 2026 financial guidance and is now anticipating 71% revenue growth, up from its earlier forecast of 61% issued earlier this year.
To the untrained eye, the stock appears somewhat pricey, selling for 149 times earnings -- but that doesn't account for Palantir's accelerating high-double-digit growth. Using the more appropriate price/earnings-to-growth (PEG) ratio -- which factors in the company's phenomenal growth rate -- returns a multiple of 0.52, when any number less than 1 signals an undervalued stock.
Taken together, Palantir's stellar track record, accelerating growth, and moderating valuation make the case that the stock is a buy.
Červnová data podle hlavního ekonoma Patrie Dominika Rusinka potvrzují, že český trh práce zůstává navzdory mírnému meziročnímu nárůstu nezaměstnanosti v solidní kondici. Stabilní podíl nezaměstnaných, rostoucí počet volných pracovních míst a pokračující silný růst mezd naznačují, že poptávka po pracovní síle zůstává v řadě odvětví vysoká. Přestože strukturální problémy brání výraznějšímu poklesu nezaměstnanosti, širší ukazatele nadále řadí český pracovní trh mezi nejsilnější v Evropské unii.
Červnová data potvrzují postupnou stabilizaci trhu práce. Podíl nezaměstnaných osob podle metodiky MPSV zůstal v červnu stabilní na 4,8 %, což odpovídá obvyklému sezónnímu vývoji. Ve srovnání s loňským červnem byl však vyšší o 0,6 procentního bodu. Po očištění o sezónní vlivy se držel na 5,0 %.
Ke konci června evidoval Úřad práce ČR zhruba 356 tisíc uchazečů o zaměstnání, tedy přibližně o 40 tisíc více než před rokem. Počet nově evidovaných osob byl v červnu meziměsíčně vyšší o 1 542 a meziročně o 5 300. Současně bylo inzerováno téměř sto tisíc volných pracovních míst, což bylo o více než pět tisíc více než v květnu.
Červen bývá na trhu práce tradičně příznivý měsíc. Pokračují sezónní práce, firmy ve službách nabírají před hlavní turistickou sezonou a část uchazečů odchází z evidence do krátkodobějších zaměstnání. Proti výraznějšímu poklesu nezaměstnanosti však stojí strukturální nesoulad mezi nabídkou a poptávkou po práci a také vyšší podíl hůře zaměstnatelných uchazečů, zejména starších osob a dlouhodobě nezaměstnaných.
Přestože podíl nezaměstnaných podle metodiky MPSV zůstává zvýšený, širší pohled na trh práce neukazuje na plošné ochlazení. Harmonizovaná míra nezaměstnanosti podle Eurostatu zůstává v Česku velmi nízká – v květnu činila 2,9 % a patřila spolu s Bulharskem k nejnižším v EU. Přetrvávající napětí na trhu práce potvrzuje i rychlý růst mezd. V prvním čtvrtletí 2026 vzrostla průměrná hrubá nominální mzda meziročně o 8,1 %. Takto silná mzdová dynamika naznačuje, že v řadě odvětví ekonomiky zůstává silná poptávka po pracovní síle.
Celkově hodnotíme kondici tuzemského trhu práce jako solidní. V červenci očekáváme nárůst míry nezaměstnanosti v souladu s typickou sezónností, následně by však měla opět pozvolna klesat. Za celý letošní rok odhadujeme průměrný podíl nezaměstnaných na 4,9 %.
DraftKings may deliver outsized FQ2'26 and H2'26 performance metrics, thanks to the potentially higher engagement trends from the FIFA World Cup/NFL/Midterm Election events. These may contribute to a raised FY2026 guidance, aided by the ramping-up prediction platform, the upcoming super app launch in Q3'26, and the growing base/revenue per user in FQ1'26. DKNG has also found a trading floor in the $20s, with the ambitious Investor Day targets implying their cheaply valued, multi-year, profitable growth prospects.
Texas Pacific Land is now primarily an AI infrastructure and data center land play, not just an oil royalty company. TPL's valuation implies an excessive amount of GW of future data center capacity. I rate TPL a SELL with a $250 price target, as its premium bakes in excessive data center growth; LandBridge is a BUY at $75, reflecting more realistic expectations.
LONDON, July 09, 2026 (GLOBE NEWSWIRE) -- Fears over food safety and health have risen sharply, with almost half of companies (45%) naming this among their biggest risks, up from 29% in 2024, amid growing concern over ultra-processed foods and rising litigation exposure. That’s according to the Global Food, Beverage and Agriculture Risk Report 2026, published today by Willis, a WTW business (NASDAQ: WTW).
Rising geopolitical tensions, tariffs and input costs, mounting cyber threats, climate pressures and supply chain risks have also emerged as top concerns putting the food, beverage and agriculture sector under growing strain in 2026.
The new findings from Willis Direct & Facultative’s latest survey highlight how this increasingly complex and volatile risk landscape is eroding confidence in risk management capabilities, with many leaders reporting they feel less in control of their exposures and lack the tools and board-level support needed to manage them effectively.
Despite these headwinds, the sector remains resilient and forward-looking, with businesses prioritising value-for-money products to navigate cost-of-living pressures and sustain near-term profitability.
Key findings include:
Fears over health-related harms increase: 45% cite food safety and health as a top risk, up from 29% in 2024.Firms focus on value for money products: 52% identify value-for-money offerings as a top opportunity as businesses respond to cost-of-living pressures and rising input costs.Conflicts expose supply chain vulnerabilities: 44% are concerned about supply chain risks, up from 40% in 2024, driven by geopolitical instability, trade tensions and disruption risks.Confidence in risk management falls: 62% feel somewhat or completely in control of their risks, down from 75% in 2024 and 89% in 2023, reflecting a more complex and volatile environment.ESG risks remain a priority despite rollback: 84% say managing ESG risks will be a priority over the next two years as growers and producers start to feel the impact of increasing droughts and floods and issues such as water stress and land degradation become more urgent.Business continuity processes strengthen: 83% of firms report having formal business continuity plans, up from 78%, as they step up preparedness for disruption. Simon Lusher, Willis’ global food, beverage and agriculture leader said: “Food and beverage companies around the world are navigating a risk landscape that is becoming more complex and less predictable by the year. Our latest survey shows that many leaders feel less in control of these risks, reflecting how quickly the environment is evolving. What stands out is how firms are responding – sharpening their focus on resilience and value as pressures build.”
Ivy Lee, Willis’ food and beverage industry leader, Asia, said: “Businesses are contending with a particularly complex mix of supply chain disruption, with consumer expectations shifting quickly to a stronger focus on health, affordability and transparency. Businesses that can respond to those demands while staying agile will have a clear competitive edge.”
Roman Mesuraca, Willis’ head of property and casualty, Latin America, said: “We’re seeing a growing need for more sophisticated risk transfer and mitigation strategies as exposures intensify. Traditional approaches are no longer enough in a more volatile and interconnected risk environment. Strengthening risk management capabilities while investing in resilience and continuity planning will be critical to maintaining stability and growth in the year ahead.”
About the survey
450 global senior decision makers of risk management in leading food and beverage companies took part in the global food and beverage risk outlook 2026, conducted in February and March 2026. The complete report can be downloaded here.
About WTW
At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.
Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you.
Bitcoin (BTC) is extending its losses on Thursday for the third consecutive day amid renewed tensions between the US and Iran. Risk-off market sentiment intensifies, with Jupiter (JUP) and Pi Network (PI) emerging as the biggest losers over the last 24 hours.
CoinMarketCap's Crypto Fear and Greed Index is at 26 on Thursday, down from 29 on Monday, indicating a clear increase in risk-off sentiment.
Fear and Greed Index. Source: CoinMarketCapBitcoin vulnerable to steeper declineBitcoin shows a steady decline so far this week, reversing before testing the $65,000 threshold. A clear lower-high formation on the daily chart reaffirms the near-term bearish tone, while BTC remains well below the 50-day Exponential Moving Average (EMA) at $65,412 and the 200-day EMA at $75,821.
The Moving Average Convergence Divergence (MACD) approaches its signal line, raising the risk of a bearish crossover, while the Relative Strength Index (RSI) at 44 dips below the midline, suggesting that buying pressure remains subdued.
Looking down, the horizontal support around $60,000 emerges as the zone where dip-buying interest could attempt to slow the decline.
BTC/USDT daily price chart.Initial resistance emerges at the 50-day EMA around $65,412, with a subsequent barrier near the broken rising trendline at roughly $75,008. The 200-day EMA at $75,821 marks a higher, more structural ceiling that would need to be reclaimed to meaningfully shift the bearish bias.
Jupiter extends losses on Thursday, following a 10% drop the previous day. The DeFi token remains capped below a local resistance trendline, near the 78.6% Fibonacci retracement level at $0.2406, measured from the $0.2766 to $0.1444 downswing.
The 50-day EMA at $0.2070 serves as the key support zone, further reinforced by the 50% retracement level at $0.1998. A slip below this zone could target the 23.6% Fibonacci retracement level at $0.1683, followed by the Fibonacci anchor at $0.1444.
Momentum suggests the broader downtrend is intact, with recent recovery attempts losing traction as the MACD has slipped below its signal line and the RSI at 47 hints at fading bullish momentum.
JUP/USDT daily price chart.On the topside, immediate resistance sits at the 200-day EMA near $0.2207, and a sustained break above this barrier would open the way toward the descending trendline break zone around $0.2418.
Pi Network is edging closer to the $0.1000 psychological threshold as the bearish phase extends. PI holds well below the 50-day EMA at $0.1311 and the 200-day EMA at $0.1901, reaffirming a long-term bearish trend.
The MACD and signal line continue to decline as the negative histogram expands, while the RSI at 21 falls deeper into the oversold territory, suggesting that downside momentum remains dominant even as short-term selling pressure may be nearing exhaustion.
PI token tests the S1 Pivot Point at $0.1010, which guards the downside to the S2 Pivot Point at $0.0867.
PI/USD daily price chart.Looking up, initial resistance aligns with the 50-day EMA at $0.1311, which acts as the first cap on any rebound.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Jupiter Asset Management has done something that would have looked almost radical a year ago: it zeroed out US Treasury holdings in one of its main bond funds. The £47 billion ($63.5 billion) asset manager swapped that exposure for European government notes and deepened an already significant emerging-markets position instead.
What changed, and why Portfolio manager Ariel Bezalel has been vocal about two interconnected concerns. First, he thinks the US economy is running too hot for comfort. Second, he believes market pricing of European Central Bank rate hikes has gotten ahead of itself, with traders now pricing in three hikes from the ECB.
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Bezalel’s view, in plain terms: three ECB hikes is too aggressive an assumption, which makes shorter-dated European government bonds look attractive on a relative basis. If the ECB hikes less than the market expects, those bond prices hold up better than the consensus trade would suggest.
Jupiter is specifically targeting shorter-dated German government bonds. The firm is also keeping its distance from UK gilts. Bezalel cited both excessive rate-hike pricing baked into UK debt and broader political risk as reasons to stay away.
Follow the flows Jupiter is not operating in a vacuum here. Lipper data shows that Q2 2026 saw net inflows of $3.05 billion into eurozone government bond funds, compared with just $1.69 billion flowing into US Treasury funds over the same period.
Flip back one quarter and the picture looked completely different. In Q1 2026, US Treasury funds pulled in $4.39 billion against a modest $829 million for eurozone equivalents.
Jupiter itself had previously been leaning hard into Treasuries. The firm built its holdings to record levels in early 2024, suggesting Bezalel was willing to own US debt aggressively when the macro case supported it. The fact that the same manager is now at zero on that position underlines how materially the calculus has shifted in his assessment.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
DAX Rebounds as AI Optimism Returns Despite Middle East Tensions The DAX, along with its European peers, is recovering on Thursday after Wednesday's sharp sell-off. A rebound in semiconductor stocks, together with a modest pullback in oil prices, has helped stabilise sentiment, although concerns over shipping through the Strait of Hormuz continue to linger.
European equities fell sharply yesterday after renewed tensions in the Middle East sent oil prices surging, fuelling concerns over inflation and weighing on risk appetite.
President Trump's declaration at the NATO summit that the Iran ceasefire was effectively over raised fears of renewed conflict and further disruption to shipping through the Strait of Hormuz.
However, despite reports of further U.S. strikes overnight, markets have remained relatively resilient today. This suggests investors continue to view the latest escalation as another setback rather than the beginning of a prolonged conflict. Throughout the crisis, market sentiment has repeatedly swung between optimism over diplomacy and fears of escalation, and investors still appear to expect negotiations to resume eventually.
The improvement in sentiment has also been supported by a recovery in AI-related stocks after reports that China could allow domestic AI firms to access Nvidia's H200 chips. The news has helped revive the AI trade after recent profit-taking, although investors remain increasingly selective ahead of earnings season as questions persist over valuations and the pace of returns on AI investment.
The economic calendar is relatively quiet today. Attention will turn to U.S. weekly jobless claims and existing home sales later in the session before German inflation data on Friday.
DAX Forecast – Technical Analysis
The DAX has rallied from the 2026 low of 21,860 to a record high of 25,920 before pulling back sharply towards 25,000.
The index is currently testing support at its rising trendline and the 23.6% Fibonacci retracement of the rally from the 2026 low.
While the price remains above this support zone, the broader uptrend remains intact. Buyers will look for a recovery towards 25,500 before targeting the record high around 25,920.
On the downside, a break below 25,000 would expose the 50-day SMA near 24,750. Below there, attention would turn to the 38.2% Fibonacci retracement around 24,360, which also coincides with the 200-day SMA.
Dip buying and a divided Fed lift gold, but gains could be capped Gold is edging higher on Thursday as bargain hunters return following three consecutive sessions of declines.
The U.S. dollar has eased modestly after the minutes from the Federal Reserve's June meeting proved slightly less hawkish than some investors had feared. However, renewed tensions between the U.S. and Iran continue to underpin oil prices and inflation expectations, limiting the upside for the non-yielding precious metal.
The minutes revealed a divided Federal Reserve, with policymakers split evenly over whether further tightening would be required. Nine members projected at least one additional rate hike before the end of the year, while the remaining nine expected policy to remain unchanged.
Although the minutes did not materially strengthen the hawkish case, they also offered little support for expectations of rate cuts, leaving markets focused on incoming economic data.
Markets continue to price around a 65% probability of a September rate hike, while renewed geopolitical tensions could keep energy prices elevated and complicate the inflation outlook.
Taken together, that suggests real yields and the U.S. dollar are unlikely to weaken significantly in the near term, limiting the scope for a sustained recovery in gold.
Attention now turns to U.S. weekly initial jobless claims and speeches from several Federal Reserve officials, which could provide further clues over the outlook for monetary policy. Developments in the Middle East will also remain closely watched, with any further rise in oil prices likely to reinforce inflation concerns and weigh on gold.
Gold Forecast – Technical Analysis
Gold broke below its symmetrical triangle pattern and the 200-day SMA before falling to a low near 3,940, its weakest level since October last year.
Although prices have stabilised, gold continues to trade below its falling trendline as well as both the 50-day and 200-day SMAs, leaving the broader technical outlook bearish.
Sellers will look for a break below 3,940 to create a fresh lower low and expose the 3,800 support level.
Any recovery would first need to reclaim 4,100 before bringing 4,200 into focus, where the falling trendline converges with resistance. Above there, 4,370 comes into view, followed by the 50-day SMA near 4,500.
Nasdaqu se včera podařilo smazat intradenní ztráty a spuštění ADR SK Hynix přilákalo velmi slušnou poptávku, což vylepšilo sentiment vůči technologiím.
Článek se odemkne 09.07.2026 11:23
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09.07.2026 10:23Akcie znovu rostou, zatímco dluhopisy tlumí optimismus 10:19Nezaměstnanost v ČR v červnu stagnovala na 4,8 procenta, přibylo volných míst 9:48Průmyslová výroba v Česku v květnu zrychlila meziroční růst na dvě procenta 8:55Rozbřesk: Potvrdí průmysl zlepšenou kondici ekonomiky? 8:48Kofola zachrání Bílinskou kyselku i Zaječickou hořkou. Uspěla ve výběrovém řízení o tradiční minerálky 8:44Akcie míří vzhůru i přes napětí s Íránem. SK Hynix přitahuje velký zájem a Kofola kupuje tradiční minerálky 6:40Sohn: Google může být ke koupi, kvalita nyní jen zabírá místo v portfoliu 08.07.2026 22:01Akcie oslabily kvůli novému napětí mezi USA a Íránem, ropa prudce zdražila 16:50PODCAST Analytický radar: Makrovýhled Patrie pro druhé pololetí 16:06Apple sází na americké čipy, Broadcom získal kontrakt za více než 30 miliard dolarů 16:04AI a pravidlo „v tom nejlepším přestat“ 14:17L'Oréal, Nestlé či Mondelez. AI zrychluje vývoj šamponů či sušenek 12:19Investiční výhled na druhé pololetí: Strategie 10:45Rotace pryč z nastoupaných techů, konec příměří s Íránem a další růst výnosů 10:27PODCAST MakroMixér s Ondřejem Vaňkem: AI nahradí část expertů. Především ale prověří schopnost lidí se měnit 9:20Rozbřesk: Spotřebitele táhne rychlý růst reálné mzdy 8:53Trhy zahajují den v červeném po útocích USA na Írán, výsledky zveřejnily mmcité a Hardwario 6:00Opční trh vysílá smíšené signály. Poptávka po zajištění proti poklesu sílí 07.07.2026 22:02Technologické tituly korigovaly, investoři vybírali zisky v čipech 17:10Mistrovství světa ve fotbale a americko-evropská přetahovaná
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The Euro (EUR) posts moderate gains against the US Dollar (USD) on Thursday, hitting session highs near 1.1440, yet trapped within the weekly range, with the broader bearish trend in play. A softer US Dollar is providing some support to the Euro, but rising geopolitical tensions and the rebound in Oil prices keep weighing on the common currency.
Data from Germany released earlier on Thursday revealed that the Trade Balance surplus increased beyond expectations in May, totalling EUR 19.1 billion, from the 14.5 billion surplus seen in April, with exports growing and imports contracting against expectations. The Euro received a minor boost after the data release.
The US Dollar, on the other hand, is losing ground, with markets still hopeful that Washington and Tehran will return to the negotiating table, despite the escalating tensions. News that Qatar is pressing Iran to implement the MoU agreement and contain the escalation feeds hopes of a negotiated end to the war and is keeping the Euro from dropping further.
Technical Analysis: Potential bearish flag formation
EUR/USD trades at 1.1435, holding within an upward channel, yet with momentum indicators reflecting a lack of a clear bias. The four-hour Relative Strength Index (14) keeps wavering around the 50 midline, with the Moving Average Convergence Divergence (MACD) flat near zero, altogether hinting at a hesitant market.
Bulls would need to break the top of the last few weeks' trading range, at the 1.1480 area and preferably the channel top, now around 1.1500, to ease bearish pressure and shift the focus towards the mid-June highs near 1.1620.
A break below Wednesday's lows, at the 1.1390 area, would highlight a bearish flag formation that would be confirmed below the June 24 low in the 1.1330 area. The flag's measured target is a few pips below the late May 2025 lows, at 1.1210.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
The story was corrected on July 9 at 08:22 GMT to change the title to EUR/USD Price forecast from the previously written EUR/GBP.)
US Dollar Price Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Canadian Dollar.
USDEURGBPJPYCADAUDNZDCHFUSD-0.16%-0.21%-0.16%0.03%-0.14%-0.63%-0.28%EUR0.16%-0.05%-0.02%0.18%0.06%-0.43%-0.11%GBP0.21%0.05%0.02%0.24%0.10%-0.39%-0.05%JPY0.16%0.02%-0.02%0.18%0.06%-0.46%-0.11%CAD-0.03%-0.18%-0.24%-0.18%-0.14%-0.63%-0.30%AUD0.14%-0.06%-0.10%-0.06%0.14%-0.48%-0.13%NZD0.63%0.43%0.39%0.46%0.63%0.48%0.34%CHF0.28%0.11%0.05%0.11%0.30%0.13%-0.34% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).
Chris Turner at ING highlights that EUR/USD has held up despite higher Oil, as Euro swap rates outperformed US rates on expectations of an ECB hike in September. However, he argues the Fed narrative will dominate, with EUR/USD likely to surrender gains and fall below 1.14. ECB minutes and energy prices should keep September hike expectations alive.
Resilience questioned as Fed dominates"On the eurozone calendar today is the release of the ECB minutes for the 11 June meeting. We assume this will be pitched as hawkish and, combined with higher energy prices, keep expectations alive for a follow-up hike at the September meeting. That is currently priced at +22bp by money markets."
"EUR/USD has held up remarkably well given the jump in oil prices yesterday. Yield spreads did narrow in favour of the euro, where euro swap rates rose around 7-8bp more than short-dated US rates on the view that the ECB is more likely to pull the trigger on another hike in September."
"However, we think the Fed story will be a more dominant theme and can easily see EUR/USD handing back early gains today and sending the euro back below the 1.14 level."
"Could some of the EUR/USD resilience be down to President Trump mentioning Greenland again at the NATO conference? Remember that his threats back in January sparked a backlash against US asset markets from European investors. This link looks tenuous at best."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. Know more.)
Nezaměstnanost v Česku v červnu dosáhla 4,8 procenta, zůstala tak stejná jako v květnu. Důvodem byly pokračující sezonní práce a oživení ekonomiky. Úřady práce evidovaly 356.134 uchazečů o zaměstnání, oproti předchozímu měsíci to bylo o 2718 méně. Naopak počet volných míst meziměsíčně stoupl o 5474 na 99.854. Vyplývá to z informací, které dnes zveřejnil Úřad práce ČR.
Loni v červnu dosáhla nezaměstnanost v Česku 4,2 procenta. Práci tehdy hledalo 315.465 lidí a zaměstnavatelé přes úřady práce nabízeli 98.677 volných míst.
Nejvyšší nezaměstnanost zůstala v Ústeckém kraji, kde ke konci června činila 7,2 procenta. V Moravskoslezském kraji dosáhla 6,8 procenta. Nejnižší byla v Praze a Pardubickém kraji, a to shodně 3,8 procenta. Ve srovnání s květnem klesl minulý měsíc podíl nezaměstnaných o desetinu procentního bodu v šesti krajích - v Jihočeském, Jihomoravském, Olomouckém, Libereckém, Královéhradeckém a v Kraji Vysočina. V ostatních krajích nezaměstnanost stagnovala.
Mezi okresy měla nejvyšší nezaměstnanost Karviná a Most, v obou byla v červnu 10,2 procenta. Následoval Bruntál s 8,2 procenta a Chomutov, kde činila 7,9 procenta. Naopak nezaměstnanost pod tři procenta byla tradičně v okresech Praha-východ, Praha-západ a Rychnov nad Kněžnou.
Zaměstnavatelé nabízeli ke konci června prostřednictvím úřadů práce téměř 100.000 volných pracovních míst, což je o 5474 více než v květnu a o 1177 víc než před rokem. Nejvíce volných pracovních pozic nabízí opakovaně zaměstnavatelé v Praze, konkrétně 22.738 míst, ve Středočeském kraji je volných 14.671 míst. Na jedno volné pracovní místo aktuálně připadá v ČR v průměru 3,6 uchazeče o zaměstnání, z toho nejvíce v okresech Karviná (18,2) a Sokolov (16,4).
Z celkového počtu evidovaných uchazečů o zaměstnání bylo v červnu 190.744 žen, které tak tvořily 53,6 procenta počtu nezaměstnaných. Ke konci června evidovaly úřady práce 15.811 absolventů škol všech stupňů vzdělání a mladistvých. Na celkové nezaměstnanosti měli absolventi a mladiství podíl 4,4 procenta, v květnu to bylo 4,9 procenta. V evidenci bylo také 45.344 osob se zdravotním postižením, což představovalo 12,7 procenta z celkového počtu nezaměstnaných.
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Steve Cohen runs Point72 Asset Management, and investors closely watch his investment decisions through that hedge fund's 13F filings. The most recent 13F highlighted two interesting moves. First, Cohen took profits in artificial intelligence leaders Amazon (AMZN 0.80%) and Nvidia (NVDA +3.74%). Second, he dramatically increased his position in Boston Scientific (BSX 1.08%).
Here's a look at Steve Cohen's stock buying and selling and why you might want to consider making similar investment moves.
Image source: Getty Images.
The AI trade could be changing Since the start of 2026, neither Amazon nor Nvidia have been a particularly strong performer. Amazon and Nvidia were only up around 5% year to date as of this writing, trailing the roughly 10% gain of the S&P 500 index (^GSPC 0.28%). That comes after a multi-year advance for each company.
Over the past decade, Amazon was up over 560% compared to a gain of 260% for the S&P 500 index. Nvidia's stock rose more than 16,000% over the same span. Taking profits from strongly performing stocks is hardly shocking, especially as they start to lag the broader market after a long period of strength.
However, what's notable is that the artificial intelligence trade that helped push these two stocks higher appears to be shifting. The early leaders may be giving way to infrastructure companies, such as hydrogen fuel cell maker Bloom Energy (BE 5.67%), that support the build-out of the AI backbone. Between the fourth quarter of 2025 and the first quarter of 2026, Cohen trimmed his stake in Amazon by 6% and his Nvidia position by a whopping 24%.
NVDA data by YCharts
Cohen is betting on an unloved healthcare giant While Cohen was selling Nvidia and Amazon shares, he was buying Boston Scientific shares. His position in this medical device maker increased by 50% from the start of the year. What's interesting is that the dollar value of the Boston Scientific position barely budged because the stock has been heading sharply lower. It is down over 50% year to date as of this writing. This is a value play, with Cohen likely betting that the company turns its fortunes around over the long term.
Boston Scientific makes medical devices used in cardiac care (66% of revenues) and medical-surgical products (34%). The products it sells are not optional, so demand is steady regardless of economic trends and market cycles. The company has long been a top player in the medical technology space. However, all companies go through good periods and bad ones. Right now, Boston Scientific isn't hitting on all cylinders.
Notably, the company reported a strong first quarter, but provided a particularly weak outlook for the rest of the year. The numbers here speak volumes. In the first quarter of 2026, Boston Scientific posted organic sales growth of 9.4%, but in the second quarter, it projects organic sales growth could slow to as low as 5%. For the full year, the company lowered its adjusted earnings guidance range from $3.43 to $3.49 per share to a range of $3.34 to $3.41.
Today's Change
(
-1.08
%) $
-0.49
Current Price
$
44.81
There's a reason investors are downbeat right now: the new high end of the guidance range is lower than the old low end. But the company has a long history of success, driven by innovation and strong customer relationships. It is one of a small number of medical device makers that have entrenched industry positions. It is highly likely that the company will eventually emerge from its current funk.
Boston Scientific: A deep value opportunity The big story for investors right now, however, is Boston Scientific's valuation. For example, its price-to-sales ratio of 3.2x is far below its five-year average of 6x. And its price-to-earnings ratio of 19x is well below its longer-term average of 64x. To be fair, buying a value-oriented stock like Boston Scientific should be viewed as a long-term investment.
Indeed, you can't turn an over $60 billion market cap healthcare giant around on a dime. But it seems highly likely that this industry-leading medical device maker does, eventually, get back on track. Which is likely what Steve Cohen is betting on, and you might want to, too.
Axsome Therapeutics (AXSM 1.68%) and Revolution Medicines (RVMD 0.36%) have offered investors significant growth so far this year. The biotech companies saw their shares soar 34% and 135%, respectively, in the first half. This may have happened as investors, seeking growth beyond the popular theme of artificial intelligence (AI), looked to biotech innovators -- companies with newly launched products or exciting progress in clinical development.
Axsome and Revolution have been stocks to watch in these areas. Axsome has won approval for two products rather recently, and Revolution has announced fantastic phase 3 results for its lead oncology candidate -- one that could transform the treatment of certain cancers. These stocks both make solid buys for an investor looking for growth in the healthcare space. But if you could only buy one, which one should you choose? Let's find out.
Image source: Getty Images.
The case for Axsome Axsome is a specialist in central nervous system disorders, and the company already has three products on the market -- Auvelity for depression and Alzheimer's agitation, Sunosi for excessive daytime sleepiness associated with sleep apnea and narcolepsy, and Symbravo for migraine.
Regulators approved Symbravo early last year, and they gave the nod to Auvelity in the Alzheimer's indication a couple of months ago. So these represent two new growth drivers for the company.
Today's Change
(
-1.68
%) $
-4.19
Current Price
$
245.57
Meanwhile, the earlier approvals have helped the company generate double-digit revenue gains. In the recent quarter, Auvelity's sales advanced 59% to $153 million, while Sunosi sales climbed 34% to $33 million. Symbravo, as a newer product, doesn't have comparative year-earlier sales, but it generated more than $4 million in revenue, and prescription trends are strong.
I also like the fact that Axsome has a full late-stage pipeline, with five phase 3 programs underway -- and the company recently applied for regulatory review of AXS-12 for narcolepsy. All of this should fuel growth down the road.
The case for Revolution Revolution is earlier-stage than Axsome since the company doesn't yet have commercialized products. But Revolution has candidates in registrational trials -- those that support regulatory review -- for the treatment of pancreatic cancer and non-small cell lung cancer. So the company is approaching the finish line, which means revenue may not be too far off.
Importantly, Revolution's technology could be game-changing, and recent results in a phase 3 trial were very strong. Revolution's tri-complex inhibitor platform has turned formerly "undruggable" targets into "druggable" ones. This platform is able to act on RAS proteins, turning off signaling that promotes the growth of cancer cells.
Today's Change
(
-0.36
%) $
-0.69
Current Price
$
189.77
The company's lead candidate, daraxonrasib, delivered record survival benefit in a phase 3 trial in pancreatic cancer, with median overall survival of 13.2 months versus 6.7 months for patients on the standard treatment of chemotherapy.
Though Revolution isn't generating product revenue now, if its technique and candidates continue along the current path, the company could be a major oncology winner over time.
Axsome and Revolution stock prices each climbed in the first half of the year, and over the long term, I would expect them to gain further. Today, though, I don't think investors have to rush to get in on Revolution. The stock has advanced significantly, in the triple digits, in a period of just a few months -- and stocks generally don't advance in a straight line upward forever. So I expect that there will be opportunities to buy Revolution on the dip.
As for Axsome, the company's growth is likely to happen sooner, considering it already has products on the market, and they are generating double-digit revenue growth. I also like the fact that Axsome has two recent approvals, as they are likely to offer revenue a boost as the products' sales advance. On top of this, a potential approval of AXS-12 could offer yet another revenue driver in the not-too-distant future.
And though Axsome stock has gained this year, there is still room for the stock to run. All of this makes Axsome the better growth buy right now.
„Český trh práce je dnes v dobré kondici. O to více se teď můžeme zaměřit na vzdělávání a rozvoj lidí. Od července proto spouštíme nové projekty, které rozšiřují možnosti podpory pro firmy i jednotlivce. Právě kvalifikovaní a připravení lidé jsou základem dlouhodobé konkurenceschopnosti českých firem i celé ekonomiky,“ uvedl ministr práce a sociálních věcí Aleš Juchelka (ANO).
Internet sensation Moo Deng is set to celebrate her second birthday this week, with her home zoo gearing up for a three-day festival.
The pygmy hippopotamus, whose chaotic antics and perpetually startled expression have propelled her to global superstardom, turns two on Friday.
To mark the milestone, the Khao Kheow Open Zoo in Thailand’s Chonburi province, east of Bangkok, announced the “Moo Deng Happy Deng Day” festival from 10 to 12 July.
On her birthday, the celebrity calf will see visitors join a mass sing-along around her enclosure and eat a specially crafted, hippo-friendly birthday cake made of her favourite vegetables.
Her first birthday was also celebrated with a days-long festival attended by throngs of adoring fans. The highlights included a birthday cake sponsored by a skincare entrepreneur at a cost of almost £2,100, mascot parades, and a photo exhibition, titled “Moo Deng in Every Moment”, chronicling her journey from a 5kg newborn to a 93kg toddler, according to The Nation.
Moo Deng eats a cake with her mother Jonah during her first birthday celebration at the Khao Kheow Open Zoo in 2025 (Getty)This year, organisers are preparing for thousands of fans to descend on the park. They are offering free admission throughout the three-day festival for children aged 12 and under as well as to senior citizens over 60.
The festival will feature daily wildlife mascot parades, game booths, and a dedicated station where fans can write birthday cards to the toddler hippo.
Visitors will also get a rare chance to meet Moo Deng’s keepers for behind-the-scenes insights into her daily routine.
For dedicated collectors, the zoo is releasing a highly exclusive "Moo Deng Tail Print" souvenir. Limited to just 999 pieces worldwide, the collectible is priced at around £43, with the proceeds going towards wildlife conservation. Local vendors will set up stalls showcasing regional Thai food and handicrafts.
Zoo director Narongwit Chodchoi said that the festival would also launch "Hippo Village", a major modernisation project for the habitat.
The initiative aims to significantly improve animal welfare and expand conservation education, ensuring the global spotlight on Moo Deng leaves a lasting legacy for her species.
Children pose for pictures with a giant Moo Deng during a celebration of her first birthday at the Khao Kheow Open Zoo (Getty)Moo Deng – meaning "bouncy pork" in Thai – was born on 10 July 2024 and quickly rose to stardom after her keeper, Atthapon Nundee, began sharing her antics online. The videos went viral, prompting the zoo to livestream her enclosure and capitalise on her fame with corporate sponsorship deals and merchandise.
In the final quarter of 2024 alone, Khao Kheow Open Zoo saw visitor numbers triple to 600,000.
Moo Deng appeared in a Saturday Night Live sketch and correctly predicted Donald Trump’s 2024 US presidential win by choosing between two vegetable cakes. Google honoured her with a doodle, and a Thai music label released a viral techno anthem bearing her name.
Her popularity has begun to dip in recent months, however, mirroring the short-lived fame of other internet-famous animals like China’s Hua Hua the panda and Australia’s Pesto the penguin. Still, Mr Nundee insists Moo Deng enjoys the attention.
The pygmy hippopotamus is an endangered species, native to West Africa, with fewer than 2,500 left in the wild according to the International Union for Conservation of Nature.
HomeTechnical AnalysisIntraday Analysis 09.07.2026 Nasdaq continues selling off
Intraday analysis covering EURUSD(The euro) , AUDUSD , and NAS 100, highlighting recent price movements, key technical levels, and short-term momentum shifts across major markets.
EURUSD remains undecided
EURUSD(The euro) took a break from moving towards more multi-week highs but remains bullish.
The pair has been inching higher and lower since last Friday’s NFP data, which saw a decline in job numbers. 1.1430 is the first hurdle for bulls on the path higher. As the RSI ventures away from the overbought area, the recent bottom could serve as firm support at 1.1340. 1.1550 is the next key level should a bullish extension ensue. AUDUSD stays congested
The US dollar continues to gain traction across the board as risk appetite remains heightened.
The current rebound from the 0.6960 top has kept momentum to the downside. Now that buyers are seemingly out of the picture, the path is mostly clear for a move lower towards 0.6865. However, a push above the latest resistance could lead to another rally, with 0.7000 becoming a psychological resistance. NAS 100 hits another low
The Nasdaq remained pressured after global indices fell lower with fresh attacks in the Middle East.
On the chart, the price is moving towards 28400 as bearish momentum attracts sellers. However, a bullish RSI divergence could indicate a deceleration in the downward spiral and might lead to a pullback if traders begin to close positions. 30000 is the closest resistance at the recent gap, and its breach would send the index towards 30800 to claim another record.
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Sixth Street Specialty Lending remains 'best in breed' among BDCs, with management quality, credit discipline, and sector-leading long-term ROE. Despite a Q1 NAV drop and base dividend cut, insider buying and robust credit quality support my 'Buy' rating at current levels. TSLX trades at a modest 1.06x NAV premium, below its historical range, offering high-single-digit upside plus a covered ~10% base yield and supplemental dividends.
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According to its official page, Polymarket has launched a derivatives trading feature, currently supporting 10 assets including BTC, ETH, SOL, HYPE, gold, silver, the S&P 500, Nasdaq 100, WTIOIL, and SPCX, with a maximum leverage of 20x.
20 minutes ago
SMIC surpassed Kweichow Moutai in market capitalization.
According to Bitget data, SMIC’s A-share price rose nearly 15%, pushing its total market capitalization to 1.49 trillion yuan. Kweichow Moutai is currently down 1.43%, with a total market cap of 1.48 trillion yuan. (Jinshi)
20 minutes ago
Bitcoin breaks through $63,000
According to HTX market data, Bitcoin has broken through the $63,000 mark, with a 0.74% rise in the past 24 hours.
20 minutes ago
US tech stocks are experiencing one of the most volatile periods in history, with the volatility ratio of the Nasdaq 100 to the S&P 500 hitting a 23-year high.
The Kobeissi Letter noted in a post that tech stocks are experiencing one of the most volatile periods in history. The ratio of the Nasdaq 100 Volatility Index (VXN) to the S&P 500 Volatility Index (VIX) has risen to 1.7, its highest level in 23 years. This marks the first time the ratio has topped 1.5 since 2018. By comparison, the metric peaked at around 1.6 during the 2008 financial crisis. Currently, VXN stands at 28 points, while VIX is at 16 points – the latter is 43% lower than the former. VXN has remained above the 20-point threshold for five consecutive months, the longest such stretch since the 2022 bear market. Markets are pricing in significant volatility risk for tech stocks.
20 minutes ago
A crypto whale closed a $100 million BTC short position, earning a profit of $5.28 million.
According to monitoring by Onchain Lens, a whale closed a $100 million Bitcoin (BTC) short position, earning a profit of $5.28 million. Wallet address 0xcf9 opened the short on June 2 at $68,859 and closed it one hour ago at $62,314, holding the position for 36 days.
20 minutes ago
Nvidia will collaborate with Hugging Face to develop open-source robotics models.
NVIDIA has announced a partnership with Hugging Face to co-develop open-source foundation models for robotics, combining its GPU ecosystem and CUDA technology, along with Hugging Face’s extensive model library and developer community, to significantly lower the barriers to AI training and deployment for robotics. (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.
Hyperliquid (HYPE) continues to slide for the fourth consecutive day this week as retail demand eases amid broader market risk-off sentiment. A surge in HIP-3 Open Interest reflects steady demand for tokenized Real World Assets (RWAs), amid institutional inflows that support the broader upward trend.
Technically, HYPE should secure a daily close above the $75-$77 resistance zone for a potential rally toward $100.
Short-term pressure on HYPEHyperliquid’s retail strength eases in the short term as the broader crypto market's risk appetite wanes amid renewed tensions in the Middle East. CoinGlass data shows the HYPE futures Open Interest (OI) slipped to $2.74 billion, reflecting a mild outflow of leveraged positions, while a 29% decline in trading volume over the last 24 hours to $1.99 billion reaffirms the reduced demand.
Still, the funding rate at 0.0065%, down from 0.0078% the previous day, suggests that bullish sentiment sustains among traders despite short-term downside pressure. This mixed retail activity points to a wait-and-see approach among traders anticipating increased volatility amid geopolitical tensions.
HYPE derivatives data. Source: CoinGlassLong-term outlook remains bullishInstitutional investors and global commodities traders remain interested in Hyperliquid, which supports its long-term bullish outlook. Data show HYPE-focused Exchange-Traded Funds (ETFs) recorded $3.33 million in inflows on Wednesday, bringing weekly inflows to $16.08 million so far.
On the other hand, the HIP-3 arm of Hyperliquid, which offers multiple RWA-focused perpetual contracts, witnesses a steady increase in OI and trading volume. Data show a steady increase in HIP-3 OI to $3.10 billion on Wednesday, with volume rising 40% over the last 24 hours and 28% over the last 30 days. In addition, revenue has stabilized around $10 million over the last four weeks, reaffirming firm demand among users.
HYPE ETFs data. Source: Sosovalue
Hyperliquid metrics. Source: Hyperscreener.Will HYPE rally to $100?Hyperliquid shows a mild short-term correction, approaching a local support trendline at $66.54, which reinforces the constructive structure. Still, HYPE maintains a broader bullish bias as price holds above both the 50-day and 200-day Exponential Moving Averages (EMAs) at $62.53 and $48.33, respectively.
From a technical perspective, the June 1 high at $75.76 and the R1 Pivot Point at $77.09 serve as the overhead barrier, forming an ascending triangle pattern with the upward-sloping trendline. If HYPE rebounds to clear this zone, it could target the R2 and R3 Pivot levels at $89.14 and $101.35, respectively.
That said, the Moving Average Convergence Divergence (MACD) hovers above its signal line, while the Relative Strength Index (RSI) is at 52, hovering above its midline. Taken together, the indicators indicate neutral-to-positive momentum, with modest upside pressure without overbought conditions.
HYPE/USD daily price chart.Looking down, a deeper pullback below the 50-day EMA at $62.53 could expose the S1 Pivot level at $52.83 as a more significant floor, while the 200-day EMA at $48.33 marks the broader bullish cycle base.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Disclaimer: In compliance with MiCA requirements, unauthorized stablecoins are subject to certain restrictions for EEA users. For more information, please click here. This is a general announcement and marketing communication. Products and services referred to here may not be available in your region. Fellow Binancians, From 2026-07-10 00:00 (UTC), Binance will continue the airdrop campaign rewarding all eligible users who hold World Liberty Financial USD (USD1) on our platform. Eligible users will share rewards from a grand prize pool of 165 million World Liberty Financial (WLFI) tokens. WLFI will be distributed as weekly rewards to USD1 holders every Friday. Campaign Period: 2026-07-10 00:00 (UTC) - 2026-08-07 00:00 (UTC) How to Participate: Eligible users must hold USD1 in balance (net assets), in any of the following account categories on Binance: Spot Account;Funding Account;Margin Account (USD1 as Collateral in Cross Margin, Isolated Margin, or Portfolio Margin); USDⓈ-M Futures Account (USD1 as Collateral in USDⓈ-M Futures Accounts, Multi-Assets mode is included). USD1 in Binance Futures or Margin accounts can receive a 1.2x bonus multiplier on rewards, only if the user’s Daily Open Interest on USD1 Futures pair(s) is maintained at a minimum of 300 USD1. Binance will take hourly daily snapshots of each user’s Open Interest each day and use the lowest recorded amount to determine if the users’ Daily Open Interest on that day meets the minimum requirement and their eligibility of the 1.2x bonus multiplier. Note: If the users’ Daily Open Interest on USD1 Futures pair is less than 300 USD1 on certain days, and hold more than 0.01 USD1 in their Margin or Futures Accounts, they will still receive 1x rewards on those days, just not the 1.2x bonus rewards. USD1 acquired through borrowing the other stablecoins will receive a haircut of 70%, after accounting for liabilities in Margin Accounts from other stablecoins, including USDT, USDC, U, RLUSD, and FDUSD. Campaign Details: Prize Pool: 165 million WLFI tokens. Distribution: Rewards will be airdropped directly to users’ Binance Spot Accounts. Distribution Frequency: Weekly airdrops during the Campaign Period. Reward Distribution: Rewards start accruing from 2026-07-10 00:00 (UTC). Weekly rewards will be distributed by 18:00 (UTC) every Friday in WLFI tokens. Distribution records can be found in Distribution History. The Weekly Reward Amount will be roughly calculated as follows: Qualifying Balance of each day = Lowest USD1 balance captured during those hourly snapshots on each day.Weekly Rewards = (7-day average of the Qualifying Balance * Effective APR on the distribution day * 7) / 365 After each weekly distribution, the effective APR for that period will be updated in this announcement. In determining the effective APR on the distribution day, Binance will take into account a number of factors, including, without limitation: Minimum recorded amount of Open Interest per day;Lowest balance of the snapshots each day;The daily aggregated amount of Qualifying Balances across all eligible holders of USD1;7-day average across all eligible holders of USD1 For USD1 acquired through borrowing other stablecoins: Eligible balance in Margin Account = USD1 Balance Before Leverage + Leveraged Amount * (1 - 70%): USD1 Balance before Leverage = MAX [USD1 Balance in Margin Account - Margin Account Liabilities of the Other Stablecoins, 0] Leveraged Amount = USD1 Balance in Margin Account - MAX [USD1 Balance in Margin Account - Margin Account Liabilities of the Other Stablecoins, 0] Note: ”Other Stablecoins” include USDT, USDC, U, RLUSD, FDUSD. Case examples: User A’s Daily Open Interest on USD1 Futures pair from Day 1 to Day 6 is maintained at 1,500 USD1, Day 7 at 100 USD1. Throughout the 7 days, the user holds 10,000 USD1 in Spot and 20,000 USD1 as collateral in Margin, and effective base APR is 20%, effective boosted APR is 24%, User A's rewards due to be received at the end of 7 days will be as follows:[(10,000 * 20% * 7) / 365] + [(20,000 * 24% * 6) / 365] + [(20,000 * 20% * 1) / 365] = 128.21 USD worth of WLFIUser B’s Daily Open Interest on the USD1 Futures pair is maintained at 1,500 USD1 throughout week 1. The user borrowed 5,000 USD1 from VIP loan or Margin (“liabilities”). Among this borrowed 5,000 USD1, 4,000 USD1 was used as collateral in Margin, the remaining 1,000 USD1 was held in their Spot Account in week 1. The effective base APR is 20%, effective boosted APR is 24%, User B’s rewards due to be received at the end of week 1 will be as follows:Qualifying Balance = 0 [(0 * 20% * 7) / 365] + [(0 * 24% * 7) / 365] = 0 USD worth of WLFIUser C’s Daily Open Interest throughout Week 1 was maintained at 100 USD1. The user had 1,000 USD1 in the Margin Account and used it as collateral to borrow 4,000 USDT through Margin (“Liabilities of the other Stablecoins”), then converted this 4,000 USDT to USD1. The user now holds 5,000 USD1 in Margin (“USD1 Balance”) in week 1. The effective base APR is 20%, effective boosted APR is 24%, User C’s rewards due to be received at the end of week 1 will be as follows:Daily Open Interest < 300, doesn’t qualify for 1.2x bonus rewards. Qualifying Balance = MAX [5,000 - 4,000, 0] + {5,000 - MAX[5,000 - 4,000, 0] } = 1,000 + (5,000 - 1,000) * (1 - 70%) = 2,200[(2,200 * 20% * 7) / 365] = 8.43 USD worth of WLFI Important Notes: Snapshots of user’s Open Interest will be taken at any point of time each hour to get users’ hourly Open Interest. The lowest USD1 Open Interest captured during those snapshots on each day will constitute their Daily Open Interest. If the Daily Open Interest is lower than 300 USD1 for a specific day, then for that day the user won’t receive 1.2x bonus rewards.Users’ USD1 Qualifying Balance will be calculated as net assets (assets minus liabilities). USD1 as liabilities (e.g., borrowed from VIP loans, Margin loan, etc.) will be excluded from the Qualifying Balance for this campaign. Snapshots of user balances and total qualifying balances will be taken at any point of time each hour to get users’ hourly balances in the above mentioned account categories. The lowest USD1 balance captured during those snapshots on each day will constitute their Qualifying Balance and be used to calculate their rewardsFor example, a user’s lowest USD1 balance captured on 2026-07-13 is zero, then their qualifying balance for that day is zero. At any snapshot time, any one of users’ supported assets must be greater than 0.01 USD1 to be included in the calculation.Users are recommended to maintain their USD1 holding throughout the Campaign Period to maximize their rewards. Rewards distributed are rounded down to 2 decimal places. Rewards of sub-accounts will be distributed to the Spot Account of corresponding sub-accounts. Kindly note that the distribution time is not guaranteed and may change from time to time.There is no individual cap on rewards. Users’ rewards depend on their qualifying balance relative to the total qualifying balance of all eligible users and other factors. Stay tuned for weekly reward distributions and updates on the Campaign. Terms and Conditions: Users may not be eligible for rewards if there are active restrictions on their accounts.WLFI token value for airdrop distribution will be based on the official Binance market closing price one day before the airdrop distribution day.Snapshots of user balances and total pool balances will be taken multiple times at any point of time each hour to get users’ hourly balances in the aforementioned account categories. The lowest USD1 balance captured during those snapshots on each day will constitute the user’s Qualifying Balance and be used to calculate their rewards.At any snapshot time, any one of users’ supported assets must be greater than 0.01 USD1 to be included in the calculation.Broker accounts are not eligible for this campaign. Binance reserves the right to periodically update the rules to accommodate changes in legal, regulatory, or other factors.Users must complete account verification (KYC) and also be from an eligible jurisdiction to participate in the campaign. Currently, users residing in the following countries or regions will not be able to participate in the USD1 campaign (notwithstanding that they may hold USD1): Åland Islands (Finland), Austria, Belgium, Bulgaria, Canada, Crimea (Ukraine – disputed territory), Croatia, Cyprus, Czech Republic, Denmark, Democratic People’s Republic of Korea, Donetsk People’s Republic, Estonia, Faroe Islands, Finland, France, French Guiana, Germany, Gibraltar, Greece, Guadeloupe, Guernsey, Hungary, Ireland, Isle of Man, Islamic Republic of Iran, Italy, Japan, Latvia, Lithuania, Luhansk People’s Republic, Luxembourg, Malta, Martinique, Mayotte, Netherlands, Poland, Portugal, Republic of Cuba, Réunion, Romania, Russian Federation, Saint Martin (French part), Slovakia, Slovenia, Spain, Sweden, United Kingdom, United States of America and its territories.Please note that the list of excluded countries provided here is not exhaustive and may be subject to changes due to evolving local rules, regulations, or other considerations. This list may be updated periodically to accommodate changes in legal, regulatory, or other factors.For clarity, references to “USD1” in the content above are not direct acronyms of the “United States Dollar” fiat currency unless otherwise specified.Binance reserves the right to disqualify a user’s reward eligibility if the account is involved in any dishonest behavior (e.g., wash trading, illegally bulk account registrations/logins, self dealing, or market manipulation). Binance further reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this Promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all Participants shall be bound by these amendments.Binance reserves the right to suspend any user's Margin borrowing at any time, without prior notice, in its sole discretion, if any abnormal or suspicious activity is detected.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. Thank you for your support! Binance Team 2026-07-09 Trade on-the-go with Binance’s crypto trading app (iOS/Android) Find us on TelegramWhatsAppXFacebookInstagramDiscord Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice. Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. The APR is calculated weekly, and is expressed as an annualised percentage yield for illustrative purposes only. Each APR is not indicative of future results. The APR is likely to fluctuate week-to-week and the estimated rewards may differ from the actual rewards generated. APR is an estimate of rewards you will earn in cryptocurrency over the selected timeframe. It does not display the actual or predicted returns/yield in any fiat currency. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use, and our Risk Warning. To learn more about how to protect yourself, visit our Responsible Trading page.
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.
According to its official page, Polymarket has launched a derivatives trading feature, currently supporting 10 assets including BTC, ETH, SOL, HYPE, gold, silver, the S&P 500, Nasdaq 100, WTIOIL, and SPCX, with a maximum leverage of 20x.
14 minutes ago
SMIC surpassed Kweichow Moutai in market capitalization.
According to Bitget data, SMIC’s A-share price rose nearly 15%, pushing its total market capitalization to 1.49 trillion yuan. Kweichow Moutai is currently down 1.43%, with a total market cap of 1.48 trillion yuan. (Jinshi)
14 minutes ago
Bitcoin breaks through $63,000
According to HTX market data, Bitcoin has broken through the $63,000 mark, with a 0.74% rise in the past 24 hours.
14 minutes ago
US tech stocks are experiencing one of the most volatile periods in history, with the volatility ratio of the Nasdaq 100 to the S&P 500 hitting a 23-year high.
The Kobeissi Letter noted in a post that tech stocks are experiencing one of the most volatile periods in history. The ratio of the Nasdaq 100 Volatility Index (VXN) to the S&P 500 Volatility Index (VIX) has risen to 1.7, its highest level in 23 years. This marks the first time the ratio has topped 1.5 since 2018. By comparison, the metric peaked at around 1.6 during the 2008 financial crisis. Currently, VXN stands at 28 points, while VIX is at 16 points – the latter is 43% lower than the former. VXN has remained above the 20-point threshold for five consecutive months, the longest such stretch since the 2022 bear market. Markets are pricing in significant volatility risk for tech stocks.
14 minutes ago
A crypto whale closed a $100 million BTC short position, earning a profit of $5.28 million.
According to monitoring by Onchain Lens, a whale closed a $100 million Bitcoin (BTC) short position, earning a profit of $5.28 million. Wallet address 0xcf9 opened the short on June 2 at $68,859 and closed it one hour ago at $62,314, holding the position for 36 days.
14 minutes ago
Nvidia will collaborate with Hugging Face to develop open-source robotics models.
NVIDIA has announced a partnership with Hugging Face to co-develop open-source foundation models for robotics, combining its GPU ecosystem and CUDA technology, along with Hugging Face’s extensive model library and developer community, to significantly lower the barriers to AI training and deployment for robotics. (Jinshi)
Gold fell to 4,032 USD per ounce on Thursday, marking its second consecutive day of decline. Pressure on the market intensified amid fears that a new escalation of conflict in the Middle East could disrupt energy supplies and accelerate inflation.
The US military confirmed that it has been striking targets in Iran for the second consecutive day, seeking to limit Tehran’s ability to threaten shipping through the Strait of Hormuz. In response, Iran has announced preparations for a large-scale operation against American military bases in the region.
US President Donald Trump stated that, in his view, the ceasefire has effectively come to an end. He also warned of the possibility of further strikes against Iran and the imposition of an additional naval blockade.
Additional investor attention has been drawn to the minutes from the Fed’s June meeting. They showed that only a small proportion of the regulator’s representatives advocated a rate hike as early as June, with most participants remaining concerned about inflation risks.
The market continues to price in at least one Fed interest rate increase before the end of 2026, which limits gold’s upside potential despite ongoing demand for safe-haven assets.
Technical Analysis
On the H4 XAU/USD chart, the market is trading within a consolidation range around the 4,090 USD level. A decline to 4,018 USD and a subsequent rise to 4,088 USD have been completed. A further move lower towards 3,930 USD is expected, followed by a potential rebound to 4,055 USD, with scope for an extension to 4,150 USD. The MACD indicator confirms the current downside momentum, with its signal line below the centre line and pointing firmly downwards.
On the H1 chart, the market has broken below the 4,090 USD level and is moving lower towards 3,977 USD. A wide consolidation range is forming around 4,090 USD. The Stochastic oscillator confirms this scenario, with its signal line below the 50 level and pointing downwards towards 20, indicating continued downside pressure.
Conclusion Gold continues to decline as renewed Middle East conflict intensifies fears of energy supply disruptions and rising inflation. US strikes on Iran and Tehran’s threat of retaliation have escalated tensions, with President Trump declaring the ceasefire effectively over. Meanwhile, the Fed minutes revealed a cautious central bank, with only a minority advocating an immediate rate hike, while most members remain vigilant about inflation risks. Markets continue to price in at least one Fed rate hike before year-end, limiting gold’s appeal despite safe-haven demand. Technically, further downside towards 3,930 USD appears likely, with any recovery likely to be capped by ongoing geopolitical and monetary policy headwinds.
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Iran’s army launched drone attacks on US military targets in the Persian Gulf region. Bitcoin dropped to roughly $99.5K in the immediate aftermath of the strikes before rebounding above $102K shortly after.
What happened and why it matters The Iranian Islamic Revolutionary Guard Corps targeted US military sites in Bahrain and Kuwait on June 28, 2026. The strikes were a direct response to US airstrikes conducted near the Strait of Hormuz and other locations in the region.
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The current conflict traces back to massive US-Israeli strikes on Iran on February 28, 2026, which resulted in the death of Iran’s Supreme Leader Ali Khamenei. Since then, Iran has waged a sustained retaliatory campaign targeting US facilities across the Gulf states.
The Strait of Hormuz is the narrow waterway through which roughly 20% of the world’s oil supply flows.
Bitcoin’s geopolitical stress test In May 2026, when US strikes near the Strait of Hormuz escalated tensions to a new level, Bitcoin fell below $73K. That move triggered roughly $1 billion in liquidations across crypto markets.
What investors should be watching For traders and investors navigating this environment, position sizing matters. The $1 billion in liquidations during the May drawdown wasn’t caused by the geopolitical event itself — it was caused by people who were overleveraged when the event happened.
The Strait of Hormuz remains a critical geographic chokepoint. Oil prices, shipping routes, and global supply chains all funnel through that narrow passage.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Key Takeaways BTC declined 2.1% to approximately $62,115 following Trump’s announcement that the US-Iran ceasefire has ended Brent crude oil prices spiked, momentarily exceeding $80 per barrel Crypto analyst Michaël Van de Poppe identified $61,000 as a critical support threshold Federal Reserve meeting minutes revealed internal disagreement about potential rate increases, pressuring risk-on assets Bitcoin spot ETFs in the US recorded three consecutive days of positive net flows despite price weakness Bitcoin experienced a decline exceeding 2% on Wednesday as heightened tensions between the United States and Iran disrupted global financial markets and triggered a sharp rally in crude oil prices.
Bitcoin (BTC) Price The leading cryptocurrency by market capitalization retreated to approximately $62,115, down from levels above $64,600 observed earlier in the trading week. The pullback intensified after President Donald Trump, addressing attendees at the NATO summit in Ankara, Turkey, declared the ceasefire arrangement “over.”
US military forces conducted strikes targeting Iranian positions on Tuesday in response to assaults on three commercial oil vessels operating near the strategically vital Strait of Hormuz. Tehran retaliated with its own military actions. Trump further cautioned that Iran would face another “hard” strike that evening, with the Pentagon subsequently confirming additional operations had been executed.
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Trump indicated the possibility of reinstating a naval blockade targeting Iranian ports. Additionally, Washington revoked a general license that had previously permitted Iranian oil production and sales activities.
Brent crude futures momentarily surpassed the $80 per barrel threshold, marking their strongest performance since June 22. Meanwhile, US WTI crude climbed past $75 per barrel during the session.
Federal Reserve Concerns Add Downward Pressure Minutes from the Federal Reserve’s June 16-17 policy meeting, published Wednesday, revealed significant disagreement among committee members regarding the appropriate trajectory for interest rates. Several participants advocated for immediate rate increases.
The majority of participants highlighted multiple scenarios where inflationary pressures could remain persistent, citing potential energy supply disruptions in the Middle East, artificial intelligence-driven demand growth, and tariff implementations. Recent CME FedWatch data indicates increasing probability of a rate hike at the September policy meeting. Traders on prediction platform Kalshi currently assign 55% odds to a rate increase occurring sometime in 2026.
Elevated interest rate expectations typically create headwinds for speculative investment vehicles including digital currencies.
Cryptocurrency analyst and trader Michaël Van de Poppe shared on X that Bitcoin might test the $61,000 support zone. He elaborated: “This to happen, and then 1-2 days later; we’re in talks again. And the markets reverse.” Van de Poppe had previously indicated there was “no problem” with Bitcoin’s price movement provided it maintained levels above $60,000.
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Analyst Ted, writing on X, observed that Bitcoin had developed a hidden bearish divergence pattern on its daily timeframe chart, cautioning: “$BTC has formed a hidden bearish divergence on the daily timeframe. Bitcoin needs to reclaim $62,500 soon, or else things could get ugly.”
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Exchange-Traded Fund Inflows Remain Strong Notwithstanding the price decline, US-listed spot Bitcoin exchange-traded funds logged three consecutive trading sessions of net positive inflows through Tuesday, per SoSoValue tracking data. This trend helped offset a prior sequence of outflows and bolstered Bitcoin’s rebound from its late-June price lows.
Glassnode analytics revealed that Bitcoin has been trading beneath its True Market Mean level of $76,600 and the short-term holder cost basis of $72,200 for approximately five months. Daily ETF trading volumes ranging from $650 million to $950 million represent roughly 80% below the peak levels recorded in October 2025.
According to its official page, Polymarket has launched a derivatives trading feature, currently supporting 10 assets including BTC, ETH, SOL, HYPE, gold, silver, the S&P 500, Nasdaq 100, WTIOIL, and SPCX, with a maximum leverage of 20x.
10 minutes ago
SMIC surpassed Kweichow Moutai in market capitalization.
According to Bitget data, SMIC’s A-share price rose nearly 15%, pushing its total market capitalization to 1.49 trillion yuan. Kweichow Moutai is currently down 1.43%, with a total market cap of 1.48 trillion yuan. (Jinshi)
10 minutes ago
Bitcoin breaks through $63,000
According to HTX market data, Bitcoin has broken through the $63,000 mark, with a 0.74% rise in the past 24 hours.
10 minutes ago
US tech stocks are experiencing one of the most volatile periods in history, with the volatility ratio of the Nasdaq 100 to the S&P 500 hitting a 23-year high.
The Kobeissi Letter noted in a post that tech stocks are experiencing one of the most volatile periods in history. The ratio of the Nasdaq 100 Volatility Index (VXN) to the S&P 500 Volatility Index (VIX) has risen to 1.7, its highest level in 23 years. This marks the first time the ratio has topped 1.5 since 2018. By comparison, the metric peaked at around 1.6 during the 2008 financial crisis. Currently, VXN stands at 28 points, while VIX is at 16 points – the latter is 43% lower than the former. VXN has remained above the 20-point threshold for five consecutive months, the longest such stretch since the 2022 bear market. Markets are pricing in significant volatility risk for tech stocks.
10 minutes ago
Nvidia will collaborate with Hugging Face to develop open-source robotics models.
NVIDIA has announced a partnership with Hugging Face to co-develop open-source foundation models for robotics, combining its GPU ecosystem and CUDA technology, along with Hugging Face’s extensive model library and developer community, to significantly lower the barriers to AI training and deployment for robotics. (Jinshi)
10 minutes ago
A newly created wallet withdrew 500 BTC from Binance, worth $31.15 million.
According to monitoring by Onchain Lens, a newly created wallet withdrew 500 BTC from Binance, valued at $31.15 million.
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.
The US military is systematically dismantling Iran’s energy supply chain, with strikes hitting Kharg Island, the country’s most critical oil export hub, and the Gorgan railway line in northern Iran.
Kharg Island handles approximately 90% of Iran’s crude oil exports.
The military campaign so far The conflict, which officially began in late February 2026, has escalated in distinct phases under the Trump administration. In March and April, US forces conducted precision strikes against over 90 military targets on Kharg Island, focusing on missile storage facilities, naval mine depots, and air defense systems.
The initial wave of strikes deliberately avoided oil export infrastructure. That restraint didn’t last forever. After Iran breached a ceasefire and attacked commercial vessels navigating the Strait of Hormuz, US operations resumed in July 2026 with a broader mandate. This time, forces struck more than 80 additional targets, expanding beyond Kharg Island to include transportation networks like the Gorgan railway line.
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US officials have indicated that while oil infrastructure on Kharg Island hasn’t been directly destroyed yet, future strikes remain on the table if Iran continues to threaten shipping through the Strait of Hormuz.
Oil markets and the price surge Brent crude has been trading near $110 per barrel. Energy stocks have reacted favorably, riding the wave of supply-side anxiety.
Roughly a fifth of the world’s oil passes through the Strait of Hormuz. Iran’s threats of retaliatory measures against regional energy infrastructure have kept the market on edge.
Bitcoin’s geopolitical volatility play During this conflict, Bitcoin has demonstrated both sides of its safe haven and risk-asset personality. BTC rebounded above $70K during periods when positive diplomatic talks surfaced. When escalations resumed or oil prices surged, Bitcoin dipped, tracking risk sentiment rather than playing the safe haven card.
Reports suggest Iran has been leveraging Bitcoin mining and stablecoins as tools to navigate international sanctions. The country has been dabbling in crypto mining for years, using its subsidized energy to power mining operations.
What this means for investors Iran’s increasing use of crypto to circumvent sanctions is worth watching closely. If Tehran scales up its Bitcoin mining operations or increases stablecoin usage for trade settlement, it could draw more regulatory scrutiny from Washington. The US Treasury has historically responded to sanctions evasion with secondary sanctions and enforcement actions, which could have broader implications for crypto exchanges and DeFi protocols that inadvertently process these flows.
Iran has warned of retaliatory strikes against regional energy infrastructure, which could push oil prices even higher and trigger another round of risk-off sentiment across both traditional and digital asset markets.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Key Takeaways Federal Reserve policymakers identify AI infrastructure expansion as a significant contributor to inflationary pressures through elevated semiconductor, energy, and data center expenses Interest rates remained unchanged at 3.5%–3.75% during June’s policy meeting under new Chair Kevin Warsh Half of the 18 voting committee members anticipate at least one rate increase by the conclusion of 2026 Market expectations show a 69.5% probability of unchanged rates at the upcoming July 29 decision, declining from 80% the previous week Prediction markets indicate a 59% likelihood of a rate adjustment this year, influenced by escalating U.S.-Iran geopolitical risks Central bank officials found themselves at odds during their June policy gathering regarding the appropriate path forward for interest rates. Documents released on Wednesday revealed that numerous policymakers highlighted robust artificial intelligence sector demand as a primary catalyst for inflationary trends.
The central bank’s apprehension focuses on what market observers have dubbed “chipflation”—the phenomenon of escalating semiconductor prices required for data center operations, which subsequently elevate costs for consumer electronics, various devices, and household electricity consumption.
A majority of meeting attendees noted that economic expansion fueled partially by substantial AI-related business capital expenditures “could lead to more entrenched inflationary dynamics.” They anticipated price pressures to remain elevated over the coming months, though some believed conditions might improve should Middle Eastern geopolitical tensions subside.
The Federal Reserve’s own economic projections underscore this unease. The institution’s year-end Personal Consumption Expenditures inflation estimate surged from 2.7% to 3.6%.
According to Nick Ruck, director at LVRG Research, the meeting records validate that the [[LINK_START_1]]AI infrastructure[[LINK_END_1]] expansion is “propelling elevated inflation through unprecedented demand for semiconductors, power resources, and data facilities, despite its potential for enhanced productivity in the future.”
Interest Rate Increase Remains Under Consideration The Federal Reserve maintained its benchmark rate at 3.5%–3.75% during June’s session, though the possibility of a future increase has not been dismissed. Nine committee members out of 18 anticipate at least one upward rate adjustment before 2026 concludes. Among those nine, six forecast two separate quarter-point increments.
Numerous participants indicated the proper federal funds rate would align with or fall marginally beneath the existing range by year’s conclusion. However, an equally substantial contingent argued it should exceed current levels, revealing significant internal disagreement within the committee.
Market sentiment has evolved accordingly. The probability of a rate increase at the July 29 policy meeting currently stands at 30.5% according to CME FedWatch, climbing from approximately 20% just one week earlier. Polymarket figures demonstrate a 59% probability of at least one hike occurring this year, a percentage that increased following President Trump’s announcement of potential military action against Iran this week.
Source: Polymarket Several participants during the June deliberations contended that conditions already warranted immediate rate increases, pointing to elevated inflation threats and resilient labor market conditions.
Elevated interest rates typically present challenges for cryptocurrency markets. They constrain market liquidity, increase financing expenses, and enhance the relative appeal of traditional safe-haven assets like cash and government bonds compared to riskier investments. Market observers noted this week that digital asset markets might see support if the Federal Reserve intervenes to stabilize U.S. equity markets during an economic downturn.
The Federal Reserve’s next scheduled policy meeting takes place July 29. Financial markets will closely monitor any shifts in official messaging as inflation indicators and international security concerns continue developing.
Bank of Japan. (Credit: By Wiiii-Wikimedia Commons/Modified by CoinDesk)Summary
A former Bank of Japan official warns the central bank may raise its benchmark interest rate rapidly this year, potentially to above 2%, as the yen continues to weaken.Faster BOJ tightening could support the yen, potentially weighing over risk assets. BTC and yen have developed a strong positive correlation. The Bank of Japan (BOJ) may raise its benchmark interest rate rapidly this year, as the yen slides, eventually pushing it above 2%.
That's the latest warning from a former Bank of Japan official Tsutomu Watanabe, an economics professor at the University of Tokyo who left the central bank in 1999, according to Bloomberg.
As of now, the official rate is at 1%, the result of recent hikes, and the 10-year benchmark government bond yield hovers above 2.8%, the highest in at least three decades, according to data source TradingView.
Meanwhile, the Japanese yen continues to slide despite recent hikes and hardening Japanese government bond yields. It has depreciated by 60% to 162.36 per U.S. dollar since early 2021, a major decline for one of the most traded currencies in the world. Also, it has dropped 3% so far this year.
Faster potential interest rate hikes by the BOJ may put a floor under the yen, or potentially lift it higher. The question then is whether it will help bitcoin BTC$62,890.39 or work against it.
One theory floating around in markets since long is that a sustained rally in yen could trigger an unwinding of bullish bets across advanced nation government bonds, tech stocks and even crypto that have been supposedly funded by years of cheap borrowing in yen. In such a case, risk assets, including crypto may fall.
But undercutting that theory in recent times is the strong positive correlation between the yen and BTC. Both have been falling against the dollar in lockstep.
Further, rapid rate hikes might worsen Japan's already fragile fiscal position, an argument made by several economists.
Key Takeaways Equity futures showed gains Thursday following a second wave of US military operations targeting Iran Bitcoin maintained support above $62,000, posting a 1.2% daily decline but gaining 1.6% weekly Gold continued its downward trend for the fourth consecutive session as Brent crude advanced 1% to $78.80 per barrel Rate markets adjusted Federal Reserve hike expectations, moving the timeline from December to October The Fear and Greed index for Bitcoin rose to 27, breaking a 40-day streak in extreme fear levels Equity futures climbed Thursday morning as military tensions escalated with the United States executing another wave of strikes targeting Iranian positions.
Contracts tied to the Dow Jones Industrial Average and S&P 500 both advanced 0.1%. Nasdaq-100 futures posted a 0.3% increase.
E-Mini S&P 500 Sep 26 (ES=F) Late Wednesday, US military officials confirmed they had “initiated further strikes targeting Iran to continue degrading their capacity to threaten maritime freedom in the Strait of Hormuz.”
President Trump announced Wednesday that the ceasefire between the nations was “over.” He additionally suggested the possibility of implementing a blockade of the Strait of Hormuz.
BREAKING: President Trump says the ceasefire with Iran is "over."
"I don't want to deal with them anymore, they are scum," Trump says. pic.twitter.com/laHQdRKZUV
— The Kobeissi Letter (@KobeissiLetter) July 8, 2026
Equity markets ended Wednesday’s session with mixed results after surrendering earlier advances. Crude prices surged in response to Trump’s statements.
Crude Advances, Precious Metals Retreat Brent crude rose 1% to reach $78.80 per barrel, marking its third consecutive daily gain.
Gold extended its losing streak to four sessions, hovering around $4,060 per ounce. Rising rate forecasts are pressuring the precious metal, as it becomes less attractive when interest-bearing assets offer higher returns.
Money markets recalibrated their forecast for the Federal Reserve’s next rate increase to October from the previous December estimate.
Digital Assets Demonstrate Stability Bitcoin was changing hands at $62,009, reflecting a 1.2% 24-hour decline while maintaining a 1.6% weekly gain.
Bitcoin (BTC) Price Ether stood at $1,730, down 1.2% daily but posting a 5.7% gain across seven trading sessions.
Solana emerged as the session’s laggard, quoted at $77.25 with a 1.8% daily decrease and 1.7% weekly decline. XRP edged down 0.7% to $1.09.
Bitcoin’s response to geopolitical turbulence has been remarkably subdued. Historically, Strait of Hormuz-related news could trigger 5% single-day declines in Bitcoin. This week’s movement registered just 1.2%.
This behavioral shift has persisted since February. Each successive escalation has generated diminishing price reactions from Bitcoin.
Market participants are increasingly viewing these events through an interest rate lens rather than crypto-specific risk factors. Bitcoin is demonstrating stronger correlation with rate expectations than petroleum prices.
The critical support zone remains at $60,000. Bitcoin has defended this level throughout a simultaneous rate repricing, oil shock, and bond market selloff.
The Fear and Greed index advanced to 27 Thursday, concluding a 40-session stretch in extreme fear territory. The index hasn’t sustained levels above 50 since November.
Government debt instruments in Japan, Australia, and New Zealand also declined Thursday, continuing Wednesday’s worldwide selloff. Two-year Treasury yields approached their 2026 peak.
Market observers are also monitoring developments in the AI semiconductor space. SK Hynix is scheduled to launch its IPO Friday, providing fresh insights into chip demand following June’s sector correction.
Should Bitcoin preserve support above $60,000 amid continued escalations while gold extends its decline, it would reinforce the market’s treatment of cryptocurrency as a rate-sensitive instrument rather than a traditional risk hedge.
U.S. spot bitcoin ETFs lost a net $85 million on Wednesday, ending a three-day inflow run that had pulled in roughly $509 million, per SoSoValue data. Ether ETFs took in about $70 million the same day, a fifth straight session of inflows.
The bitcoin outflow was broad. BlackRock's IBIT shed roughly $59 million, Grayscale's GBTC lost nearly $64 million, and Fidelity's FBTC gave up about $15 million.
Grayscale's mini BTC fund was the only one in the green at nearly $53 million. Total bitcoin ETF assets fell to about $75 billion.
Ether's flows came from a narrower base but kept pointing the same way. Fidelity's FETH led with roughly $69 million, with VanEck's ETHV adding just over $1 million and every other fund flat. Ether ETF assets sit at about $9 billion.
The split matches the price tape. Bitcoin traded near $62,300 and ether near $1,740, both down about 3% on the day, though ether has outperformed over the past two weeks as the Lean Ethereum roadmap and returning ETF demand gave it a story bitcoin has lacked.
AscendEX has shut down operations after citing regulatory requirements under the European Union’s MiCA framework and mounting financial difficulties, while warning that some customers may not recover their full crypto balances.
Summary
AscendEX has shut down operations, citing MiCA compliance requirements and financial difficulties. The exchange warned users that withdrawals will be reviewed manually and full account balances may not be recoverable. The closure follows weeks of withdrawal complaints after ZachXBT raised concerns about delayed withdrawals and the exchange’s visible hot wallet reserves. According to a notice published by the cryptocurrency exchange on July 6, AscendEX ceased operations on July 1 after the Markets in Crypto-Assets (MiCA) regulation came fully into force in the European Union, where the platform does not hold the required authorization. The exchange said financial and operational pressures also contributed to the decision.
Alongside the shutdown, AscendEX said it cannot guarantee that customers will be able to withdraw all of the digital assets held in their accounts.
“We relied on an agreed strategic transaction that was to provide liquidity to grow the platform, and the counterparty did not perform,” the exchange said, adding that weak market conditions had added further strain. AscendEX said it is reviewing its financial position to determine what options, if any, remain available for account holders.
Withdrawals remain restricted For now, the platform said account access has been limited to offboarding activities. Automated withdrawals have been suspended, while all withdrawal requests are undergoing manual review, which could result in delays.
The notice also stated that the exchange cannot provide assurances on either the timing or the amount customers may ultimately recover. It added that all requests will follow the same documented review process without preferential treatment for any group of users.
The announcement follows concerns raised in recent weeks by on-chain investigator ZachXBT.
As previously reported, he said users had reported withdrawals remaining pending for days or weeks, while his review of AscendEX’s publicly identified hot wallets found little to no holdings of major assets including ETH, USDT, USDC, and SOL. He noted, however, that exchange reserves can also include cold wallets, third-party custodians or addresses that are not publicly labelled.
A few days later, ZachXBT urged affected users to report the matter to law enforcement agencies and financial regulators in their jurisdictions. He also claimed the exchange had continued accepting deposits while many withdrawal requests remained unprocessed and said one large user had allegedly received no response from AscendEX co-founder George Jing Cao.
Founded in 2018 as BitMax before rebranding to AscendEX, the exchange previously suffered a security breach in 2021 that resulted in losses of about $78 million. The attack was later linked to the Lazarus Group.
Looking ahead, AscendEX said it will provide further updates once it has more clarity on its financial position. The exchange also warned that if formal insolvency or a similar legal process begins, unresolved customer balances and claims may be handled under those proceedings.
The cryptocurrency market was showing some signs of a recovery earlier this week, with Bitcoin (BTC) briefly reclaiming the $64,000 price level on July 7. 2026. The upswing, unfortunately, was short-lived. BTC has since fallen to the $62,000 level, and is seeing more of a sideways price movement. Let’s discuss what’s going on with the cryptocurrency market dip and if additional headwinds will present bleaker conditions.
New Doubts Loom Over Cryptocurrency MarketSource: Watcher.GuruThe latest cryptocurrency market dip comes amid a re-escalation in the US-Iran conflict. A peace deal between the two countries was almost complete, but, unfortunately, did not go through. The US has restarted its military operations against Iran and the latter has struck US bases in Kuwait and Bahrain. Many anticipate another energy crisis, which will likely add pressure on the already weak economy. Inflation climbed to 4.2% in May 2026, and could go higher if oil prices go up. The development could lead to an interest rate hike from the Federal Reserve. Higher rates often lead to less risky investments. The cryptocurrency sector could take a big hit under such circumstances.
Another factor of concern for the cryptocurrency market is the Indian central bank, the Reserve Bank Of India (RBI), reasserting a call for prohibition in the country. The country is worried about tax evasion and the tax department has warned that trading via offshore exchanges is hard to track. India has one of the largest number of people invested in cryptocurrencies. According to reports, the country has about 39 million cryptocurrency investors holding nearly $2 billion worth of assets.
Also Read: How Long Will Bitcoin Be Down? Bitcoin’s 50% Crash Has a Timeline
The cryptocurrency market has struggled for months and a recovery doesn’t seem to be around the corner just yet. Many experts, including prominent Chinese miner, Jiang Zhuoer, anticipates Bitcoin (BTC) to bottom out at around $42,000-$44,000 by the end of this year before making any positive price movements.