Track market-moving stories before they get noisy

, /PRNewswire/ -- An agreement announced today by John Deere, the Federal Trade Commission, and five states ensures farmers and ranchers will have access to the diagnostic and repair tools that help them and independent service technicians maintain and repair their current and future John Deere equipment.

"This is good news for our customers and for the future of how Deere equipment is supported," said Denver Caldwell, vice president of aftermarket and customer support. "Producers and equipment operators demand flexible and world class capabilities enabling the maintenance and repair of their machines; we are and will continue to deliver on that expectation."

This agreement reinforces Deere's continued innovation toward more flexible repair options, emphasizing increased access and transparency for customers. It formalizes Deere's ongoing commitment to expanding access to diagnostic and repair tools—helping customers and independent service providers maintain and repair equipment with greater choice and control—while providing the FTC and states with the ability to verify that Deere is meeting this commitment now and into the future.

"We've said from the beginning that our focus is on helping customers keep their machines running when and how they need them," said Caldwell. "This agreement bolsters that commitment, and we're confident it will make a real difference for the people who depend on our equipment every day. We share the Administration's and the states' desire to put farmers first while preserving Deere's ability to support American agricultural productivity, equipment safety and innovation."

The agreement brings to a close the matter filed by the FTC and states in early 2025 and allows the company to move forward with a continued focus on supporting its customers. Recent settlements and related agreements in this space have similarly emphasized increased access and transparency for customers, reinforcing Deere's continued innovation toward more flexible repair options.

John Deere will continue to invest in tools, technology, and services that give customers more ways to care for their equipment, whether they choose to do the work themselves or through a repair provider they trust. The company remains committed to delivering reliable equipment, strong dealer support, and practical solutions that help customers stay productive in the field.

About John Deere:

Deere & Company (www.JohnDeere.com) is a global leader in the delivery of agricultural, construction, and forestry equipment. We help our customers push the boundaries of what's possible in ways that are more productive and sustainable to help life leap forward. Our technology-enabled products including John Deere Autonomous 8R Tractor, See & Spray™, and E-Power Backhoe are just some of the ways we help meet the world's increasing need for food, shelter, and infrastructure. Deere & Company also provides financial services through John Deere Financial. For more information on Deere & Company, visit us at www.deere.com/en/news/.

SOURCE John Deere Company

LOS ANGELES, July 07, 2026 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against First Solar, Inc. (“First Solar” or “the Company”) (NASDAQ: FSLR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s securities between February 26, 2025 and February 24, 2026, inclusive (the “Class Period”), are encouraged to contact the firm before August 24, 2026.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. First Solar misled investors about its ability to mitigate the impact of tariffs on its operations. The Company overstated its ability to shift operations to the United States from Malaysia and Vietnam. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about First Solar, investors suffered damages.

Join the case to recover your losses

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.        

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]

SOURCE:

 The Schall Law Firm

Intuit has declined 58% since my last coverage, despite a 13% benchmark gain. INTU fundamentals have improved, with steady top and bottom line growth and no missed analyst estimates since at least 2025. The stock now trades at approximately 12x forward P/E, presenting an undervalued opportunity.

The Australian Dollar (AUD) trades marginally higher at around 0.6935 against the US Dollar (USD) during the European trading session on Thursday. The Aussie pair edges up as the US Dollar ticks lower despite escalating Middle East risks and hawkish Federal Open Market Committee (FOMC) Minutes of the June policy meeting.

At press time, the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, trades 0.13% lower to near 100.92.

The attacks on Iranian infrastructure by United States (US) military forces signal that the restart of the war would last long, a scenario that might keep oil prices higher and the appeal of safe-haven assets upbeat. According to Axios, the US Air Force bombed two railway bridges in Iran on Wednesday.

Meanwhile, the FOMC Minutes showed on Wednesday that policymakers are concerned about upside inflation risks and several of them see the need to tighten monetary conditions to ease price pressures.

In the Australian region, traders might consider raising hawkish Reserve Bank of Australia (RBA) bets again as Assistant Governor Sarah Hunter has reiterated that the central bank would act, if needed, for inflation to return to target and maintain sustainable full employment.

Lately, traders pared hawkish RBA bets as the Australian monthly Consumer Price Index (CPI) has cooled down in the last two months.

AUD/USD technical analysis

AUD/USD trades slightly higher at around 0.6936, but maintains a bearish near-term tone as it remains below the 20-period exponential moving average (EMA) at 0.6963.

The pair has been unable to reclaim this short-term trend proxy, suggesting that rallies are likely to be capped while price holds under the EMA. The Relative Strength Index (RSI) at 41.46 stays below the midline, hinting at persistent, though not extreme, selling pressure.

On the topside, initial resistance is defined by the 20-period EMA at 0.6963, which is the first level bulls would need to overcome to ease the current downside bias. Above the moving average, the next resistance for the pair will be the psychological level of 0.7000. Looking down, the June low at 0.6865 is the key support level; a break below that would expose the pair to the March low at 0.6833.

(The technical analysis of this story was written with the help of an AI tool. Know more.)

Economic Indicator FOMC Minutes FOMC stands for The Federal Open Market Committee that organizes 8 meetings in a year and reviews economic and financial conditions, determines the appropriate stance of monetary policy and assesses the risks to its long-run goals of price stability and sustainable economic growth. FOMC Minutes are released by the Board of Governors of the Federal Reserve and are a clear guide to the future US interest rate policy.

Read more.

Last release: Wed Jul 08, 2026 18:00

Frequency: Irregular

Actual: -

Consensus: -

Previous: -

Source: Federal Reserve

Minutes of the Federal Open Market Committee (FOMC) is usually published three weeks after the day of the policy decision. Investors look for clues regarding the policy outlook in this publication alongside the vote split. A bullish tone is likely to provide a boost to the greenback while a dovish stance is seen as USD-negative. It needs to be noted that the market reaction to FOMC Minutes could be delayed as news outlets don’t have access to the publication before the release, unlike the FOMC’s Policy Statement.

The USD/ZAR exchange rate rose by a few pips today, July 9, as crude oil prices rose following the new strikes in the Middle East. It jumped to 16.50 on Wednesday and then pulled back a bit to 16.37. 

The South African rand softened a bit after the US and Iran restarted their strikes, with President Donald Trump declaring the truce over. As a result, crude oil prices jumped as investors anticipated more traffic disruptions at the Strait of Hormuz.

This disruption will happen at a time when inventories in the US and other countries remain at dangerously low levels. Indeed, Trump noted that worries in the oil market were one of the reasons why he decided to reach a one-sided deal with Iran. 

Rising oil prices will make the South African inflation situation worse and push the central bank to intervene. The most recent data showed that the headline CPI jumped 4.5% in may from 3% in February. It has remained above the central bank’s target level since March this year.

In a statement at the European Central Bank (ECB) forum in Portugal, the head of South Africa’s central bank hinted that the bank may be forced to hike interest rates later this year. The bank has already hiked rates to 7% this year, with market participants expecting at least one more.

The South African rand has also struggled because of the ongoing developments in the metals industry. Gold, a key South African export, has plunged to $4,080, down by 27% from its highest point this year. Platinum and palladium prices have also pulled back.

Meanwhile, there are signs that the Federal Reserve will hike interest rates this year. Fed minutes released on Wednesday showed that the committee entertained different scenarios in the last meeting. 

Some members supported a view where the bank started cutting rates later this year, contigent on falling inflation. Others, however, supported hiking rates later, citing the elevated inflation, which has remained above the 2% target for a while.

Fed and SARB policies have an impact on the USD/ZAR pair because of the carry trade situation. The rand normally attracts more demand whenever the SARB is hiking rates as that makes it more attractive. 

Looking ahead, the next main catalyst for the USD/ZAR pair will be the upcoming US inflation report coming out next week.

USDZAR chart | Source: TradingView

The daily chart shows that the USD/ZAR pair has come under pressure in the past few months. It has dropped from a high of 17.25 on March 23rd to the current 16.35. 

The pair is now consolidating at the 25-day and 50-day Exponential Moving Averages (EMA). It also formed a falling wedge pattern, which is made up of two descending and converging trendlines. 

This wedge pattern normally leads to a strong bullish breakout. If this happens, the next level to watch will be the psychological point of 17. A drop below the lower side of the wedge will point to more downside.

July 08, 2026 16:05 ET  | Source: Nasdaq, Inc.

NEW YORK, July 08, 2026 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today reported monthly volumes for June 2026, as well as quarterly volumes, estimated revenue capture, number of listings, and index statistics for the quarter ended June 30, 2026, on its Investor Relations website. 

A data sheet showing this information can be found at: https://ir.nasdaq.com/financials/volume-statistics. 

About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading technology platform that powers the world’s economies. We architect the infrastructure of the world’s most modern markets, power the innovation economy, and build trust in the financial system. We empower economic opportunity by designing and deploying advanced technology, data, and intelligence solutions that enable our clients to capture opportunities, navigate risk, and strengthen resilience. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.

Media Relations Contact: 
David Lurie  
+1.914.538.0533 
[email protected] 

Investor Relations Contact: 
Ato Garrett 
+1.212.401.8737 
[email protected] 

-NDAQF-

Evropské futures kontrakty posilují, Euro Stoxx 50 futures +1,16 %

Gold – Chart Gold Spot is currently positioned at $4,075 on the 2H chart. Following a defensive move off the triple bottom support near $3,959, a mixed group of green and red candles pushed to the edge of the symmetrical triangle resistance near $4,091. Bullish wicks combined with higher lows indicate demand is holding support. RSI remains around 44, showing a neutral bias.

Volume profile shows a strong accumulation region from $4,000 through $4,091. The 50 EMA (50-period Exponential Moving Average) sits just overhead near $4,103. Chart structure continues neutral-to-bullish on the breakout attempt from the symmetrical triangle at $4,091 in the down channel context from the $4,597 highs. Fibonacci confluence supports a short term bottom formation as a higher lows set up continues to develop.

Trade Idea: Buy $4,075 for $4,140, stop $4,091.

Silver Spot Holds $58.27 – Fibonacci 0.236 Defense on 2h

Hello traders. In this technical article we’re going to look at the Elliott Wave charts of  GOLD commodity  published in members area of the website. As our members know, GOLD is shoing incomplete bearish sequences in the daily cycle and we have been calling for a decline in the commodity. As expected, the correction unfolded in a clear three-wave structure before sellers stepped back in. In this discussion, we will break down the Elliott Wave forecast.

GOLD Elliott Wave 1 Hour  Chart 07.03.2026 The current view suggests that GOLD is forming a recovery against the 4385.35 peak. The price structure indicates that another short-term high could still develop to complete the correction before the next leg lower begins.

The 4385.35 level remains the key pivot, and as long as the price stays below this area, the proposed bearish view remains valid.

Did you know ?  90% of traders fail because they don’t understand market patterns. Are you in the top 10%? Test yourself with this advanced Elliott Wave Test

Official trading strategy on How to trade 3, 7, or 11 swing and equal leg is explained in details in Educational Video, available for members viewing inside the membership area.

GOLD Elliott Wave 1 Hour  Chart 07.03.2026 The commodity has reached another short-term high and completed the wave (B) recovery at the 4201 peak. From there, the price has started to show signs of weakness. As long as the commodity remains below this key resistance level, we expect the downside pressure to persist and would like to see further weakness before a larger recovery can take place.

A break below the wave (B) blue low would provide additional confirmation that the bearish sequence is unfolding and that the next leg lower is underway.

Keep in mind that the market is dynamic, and the proposed view may have changed in the meantime. Our member chat rooms are open 24/7 and provide ongoing expert guidance on market trends and Elliott Wave analysis. Members are encouraged to ask questions about market structure and technical setups at any time

Elliott Wave Forecasthttps://elliottwave-forecast.com

ElliottWave-Forecast has built its reputation on accurate technical analysis and a winning attitude. By successfully incorporating the Elliott Wave Theory with Market Correlation, Cycles, Proprietary Pivot System, we provide precise forecasts with up-to-date analysis for 52 instruments including Forex majors & crosses, Commodities and a number of Equity Indices from around the World. Our clients also have immediate access to our proprietary Actionable Trade Setups, Market Overview, 1 Hour, 4 Hour, Daily & Weekly Wave Counts. Weekend Webinar, Live Screen Sharing Sessions, Daily Technical Videos, Elliott Wave Setup videos, Educational Resources, and 24 Hour chat room where they are provided live updates and given answers to their questions.

PARIS--(BUSINESS WIRE)--TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has shipped to Asia the very first cargo from ECA LNG Phase 1, a liquefied natural gas (LNG) export terminal currently under commissioning on Mexico's Pacific Coast, in Baja California. TotalEnergies, which holds a 16.6% stake in the project alongside operator Sempra Infrastructure, will offtake 1.7 million tonnes per year (Mtpa) of LNG for 20 years from the start of commercial operations. TotalEnergies will be the sole offt.

9.7.2026 07:55

Česká republika:

09:00 Průmyslová výroba (y-y) (bez sezónního očištění) (květen): očekávání trhu: 1,2 %, předchozí hodnota: 1,5 %

09:00 Stavební výroba (y-y) (květen): očekávání trhu: --, předchozí hodnota: 7,7 %

10:00 Míra nezaměstnanosti (červen): očekávání trhu: 4,8 %, předchozí hodnota: 4,8 %

Německo:

08:00 Obchodní bilance (sezónně očištěno (květen): očekávání trhu: 14.8 mld., předchozí hodnota: 14.5 mld.

08:00 Vývoz (m-m) (sezónně očištěno) (květen): očekávání trhu: -0,4 %, předchozí hodnota: 0,9 %

08:00 Dovoz (m-m) (sezónně očištěno) (květen): očekávání trhu: -0,8 %, předchozí hodnota: 1,2 %

USA:

14:30 Nové žádosti o podporu v nezaměstnanosti (4. července): očekávání trhu: 218 tis., předchozí hodnota: 215 tis.

14:30 Pokračující žádosti o podporu v nezaměstnanosti (27. června): očekávání trhu: 1815 tis., předchozí hodnota: 1814 tis.

16:00 Prodeje existujících domů (červen): očekávání trhu: 4.20 mil., předchozí hodnota: 4.17 mil.

16:00 Prodeje existujících domů (m-m) (červen): očekávání trhu: 1,0 %, předchozí hodnota: 3,2 %

16:30 Změna zásob plynu podle EIA (3. července): očekávání trhu: 61, předchozí hodnota: 87

Zdroj: Bloomberg

Michal Šnobl
Fio banka, a.s.
Prohlášení

Innovative lifting solution eliminates the need to carry solar panels up ladders, reducing installer fatigue and supporting OSHA ladder safety requirements July 08, 2026 03:00 ET  | Source: Fluke Corporation

Eindhoven, Netherlands, July 08, 2026 (GLOBE NEWSWIRE) -- As rooftop solar installations continue to accelerate worldwide, Fluke Corporation is introducing a safer, simpler approach to moving photovoltaic (PV) modules onto roofs with the Fluke PV Module Lift™, a portable solution designed to reduce installer fatigue, improve productivity, and support Occupational Safety and Health Administration (OSHA) ladder safety compliance.

For solar installers, getting panels safely onto a rooftop remains one of the most physically demanding and overlooked aspects of the job. Because OSHA requires workers to maintain three points of contact when climbing ladders, the current method of carrying solar modules by hand creates both safety and compliance challenges. The Fluke PV Module Lift addresses this issue by providing a simple, reliable method for lifting solar panels to rooftops with an existing extension ladder.

"Solar installers shouldn't have to choose between productivity and safety," said Will White, Senior Solar Product Manager at Fluke Corporation. "The Fluke Module Lift gives crews a simple, practical way to move solar modules onto rooftops while reducing physical strain, supporting OSHA ladder safety requirements, and eliminating the complexity, cost, and setup time associated with traditional powered hoists. It's a solution that easily solves a challenge installers face every day."

Unlike traditional ladder hoists – commonly adapted from the roofing industry – the Fluke Module Lift requires no gas engine, electrical power source, or bulky equipment. The compact system fits easily in a service vehicle, sets up quickly, and costs significantly less than many powered alternatives, making it an ideal solution for residential and light commercial solar installations.

The Module Lift's patent module hook securely grips the frame of a solar panel to prevent lateral movement during lifting. Integrated ladder ramps help panels move smoothly over ladder transitions, while a built-in braking mechanism prevents the module from sliding back down the ladder if the lifting rope is released prematurely.

Key Benefits of the Fluke PV Module Lift™

Supports OSHA ladder safety requirements by eliminating the need to carry solar panels up laddersReduces worker fatigue and physical strain during rooftop installationsSets up in less than five minutes by a single installerLightweight, rugged, and easy to transportCompatible with existing Werner or Louisville fiberglass extension laddersRequires no electricity, fuel, or external power sourceAvailable with 60-foot and 80-foot rope configurations For more information about the Fluke TMPV2 Module Lift, please visit  Fluke PV Module Lift.

About Fluke 
Founded in 1948, Fluke Corporation is the world leader in compact, professional electronic test tools and software for measuring and condition monitoring. Fluke customers are technicians, engineers, electricians, maintenance managers, and metrologists who install, troubleshoot, and maintain industrial, electrical, and electronic equipment and calibration processes.  

###

FLUKE is a registered trademark of Fluke Corporation. For more information, visit the Fluke website. 

Q: What problem does the Fluke PV Module Lift solve?
A: The Fluke PV Module Lift eliminates the need for installers to carry solar panels up ladders, helping address a common safety, compliance, and fatigue challenge in rooftop solar installations.
Q: How does the Fluke PV Module Lift benefit solar installation crews?
A: The Fluke PV Module Lift helps crews work more safely and efficiently by reducing physical strain, supporting OSHA ladder safety requirements, and simplifying the process of moving panels to rooftops.
Q: What makes the Fluke PV Module Lift different from traditional ladder hoists?
A: Unlike many powered hoists, the Fluke PV Module Lift requires no electricity or fuel, sets up in less than five minutes, uses ladders installers already own, and provides a lightweight, cost-effective solution for residential and light commercial solar projects.

Fluke Helps Solar Installers Take the Risk Out of Rooftop Panel Installation with New PV Module Lift Fluke Helps Solar Installers Take the Risk Out of Rooftop Panel Installation with New PV Module Lift

Fluke Helps Solar Installers Take the Risk Out of Rooftop Panel Installation with New PV Module Lift Innovative lifting solution eliminates the need to carry solar panels up ladders Fluke Helps Solar Installers Take the Risk Out of Rooftop Panel Installation with New PV Module Lift Innovative lifting solution eliminates the need to carry solar panels up ladders

Contact Data Olivia Kline Fluke Corporation [email protected]

South Korea's dominant fintech platform eyes on-chain settlementToss (@toss__official), the financial super-app operated by Viva Republica, has signed a memorandum of understanding with @Optimism and privacy technology firm Sunnyside Labs to explore a Korean won-backed stablecoin built on the OP Stack. The collaboration will begin with a three-month proof of concept evaluating whether the OP Stack can support the compliance, privacy, and performance requirements needed for regulated financial institutions.

Launched in 2015, Toss has grown into South Korea's largest fintech platform, offering payments, banking, investments, credit scoring, ID verification, tax, and insurance. The super-app surpassed 30 million users as of July 2025, representing nearly 60% of South Korea's total population. The scale of that user base makes the pilot notable: a successful launch would place a won-denominated stablecoin in front of one of the largest consumer fintech audiences in Asia.

The proof of concept will focus on three key validation points: whether financial institutions can directly control payment and settlement processes, whether KYC and AML requirements can be technically implemented, and whether individual transaction information can be securely protected on a public network.

Privacy, compliance, and the road to a real productThe companies will evaluate payment settlement, compliance requirements, and privacy protection using Optimism's OP Stack and Sunnyside Labs' Privacy Boost technology. Privacy Boost is designed to address a key limitation of public blockchains, where transaction details are generally visible to all participants. The technology allows sensitive financial data to remain private while still enabling regulated institutions to verify transactions and maintain compliance standards.

The work fits into Toss's "Money 3.0" strategy, which aims to build payment and remittance rails on top of stablecoins instead of relying only on bank transfers. The firm has already registered 24 trademarks for KRW stablecoins, including names such as "TOSSKRW," and is developing a Web3 wallet inside its super-app to deliver on-chain services to regular users.

The pilot is not a product launch. Three months is a short window for a proof of concept, and the gap between technically feasible and regulatorily approved can be measured in years in South Korea. No regulatory approvals have been granted, and no specific token issuance details have been disclosed. The initiative follows similar moves from other South Korean financial institutions, including Shinhan Card, which teamed with the Solana Foundation in late April to test the commercial feasibility of stablecoin payments.

Over the past year, the OP Stack has also been selected by Bitpanda for its MiCA-compliant blockchain in Europe, adopted by Kraken through its Ink network, and used by Mitsui and Co. Digital Commodities in Japan for tokenized precious metals, signalling growing institutional appetite for the infrastructure beyond the decentralized finance sector.

Sources
crypto.news: South Korean super-app Toss partners with Optimism for won-linked stablecoin trial
The Asia Business Daily: Toss Partners with Optimism and Sunnyside Labs to Validate Won-Based Digital Financial Infrastructure
The Korea Herald: 6 in 10 South Koreans use Toss app

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.

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Ulta Beauty remains a buy as risk/reward improves amid investor concerns about beauty demand and margin durability. ULTA's core business is robust, with 5.3% Q1 comp sales growth and broad-based category strength supported by a 46.9M-member loyalty program. Gross margin expanded to 40.1% on better inventory control and merchandise margin, though SG&A investments temporarily pressure operating leverage.

If you’ve ever placed a trade on a decentralized exchange and noticed the price mysteriously moved against you right before execution, congratulations: you’ve been MEV’d. Miner extractable value, or MEV, is the blockchain equivalent of someone cutting in front of you at the deli counter, except they also somehow make you pay more for your sandwich.

Injective, a Layer 1 blockchain built on the Cosmos SDK, has positioned itself as the first and only L1 to natively resist these attacks on mainnet. The protocol’s core defense mechanism is something called Frequent Batch Auctions, and it fundamentally changes how transaction ordering works.

How Injective actually blocks MEV Injective’s approach attacks this problem at the infrastructure level. Instead of processing transactions one by one in the order they arrive, the protocol batches them together at fixed intervals. Think of it less like a first-come-first-served line and more like a sealed-bid auction where everyone submits their orders simultaneously.

The system uses a threshold-encrypted mempool, which means pending transactions are encrypted and invisible to would-be extractors until they’re processed. Combined with an on-chain order book, this architecture removes the informational advantage that MEV actors typically enjoy.

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This isn’t a bolt-on solution or a Layer 2 workaround. It’s baked into the protocol’s consensus layer, which is what makes the “first MEV-resistant L1” claim meaningful rather than marketing fluff.

The EVM upgrade and ecosystem expansion On November 10-11, 2025, the protocol launched its native EVM mainnet upgrade, bringing over 30 decentralized applications online from day one. The upgrade allows Ethereum-compatible applications to run on Injective while preserving all of the existing MEV-resistant infrastructure.

The protocol also claims approximately 25,000 transactions per second with sub-second block finality, built on Tendermint consensus. For context, Ethereum’s base layer processes roughly 15-30 transactions per second, though Layer 2 solutions significantly increase that capacity.

Injective’s model also eliminates gas fees for users, which removes a significant barrier to adoption, particularly for high-frequency trading applications where gas costs can eat into margins quickly.

Why MEV resistance matters more than you think MEV isn’t a niche problem. Research from Flashbots has previously shown that MEV extraction on Ethereum alone has amounted to hundreds of millions of dollars. The victims are almost always regular traders, not the sophisticated actors running the bots.

Injective’s Frequent Batch Auction model represents one approach to solving this at the protocol level. Other chains have experimented with MEV mitigation strategies, including Flashbots’ MEV-Share on Ethereum and various fair ordering solutions, but Injective’s claim rests on being the first to implement native resistance directly in a Layer 1’s architecture.

Since at least 2023, the project has branded itself as the “first and only MEV resistant L1,” a message it has consistently reinforced through 2025 and into 2026.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Launches extend PGIM’s fixed income ETF platform into areas of growing investor demand

NEWARK, N.J.--(BUSINESS WIRE)--PGIM, the $1.4 trillion global asset management business of Prudential Financial, Inc.1 (NYSE: PRU), has launched a market- differentiated AAA-rated collateralized loan obligation (CLO) exchange-traded fund (ETF) designed to provide core-like duration exposure.2 The fund, named the PGIM AAA CLO Aggregate Duration ETF (AAAD), launched alongside the PGIM Securitized Income ETF (PINC), which also employs a duration overlay.

“With this launch, we’re excited to introduce a strategy that leverages our CLO expertise to provide enhanced yield potential compared to traditional high-quality duration sectors.”

Share “With this launch, we’re excited to introduce a strategy that leverages our CLO expertise to provide enhanced yield potential compared to traditional high-quality duration sectors,” said Edwin Wilches, co-head of Securitized Products at PGIM.

The PGIM AAA CLO Aggregate Duration ETF (AAAD) invests primarily in U.S. dollar-denominated AAA-rated CLOs either directly or through its investment in the PGIM AAA CLO ETF (PAAA). PAAA is the only Morningstar Medalist Gold-rated product in its Morningstar category and has been among the fastest-growing strategies in the market, accumulating over $10 billion in assets since its inception.3 AAAD expects to use longer-duration fixed income instruments and derivative instruments, such as futures, forwards, options, swaps, and U.S. Treasury futures, in seeking to maintain its target portfolio duration or to extend the overall duration of its portfolio beyond that of its CLO exposure. It is listed on NYSE Arca, Inc. and offered at a 0.19% net expense ratio.

The PGIM Securitized Income ETF (PINC) invests primarily in securitized credit investments and other similar credit instruments, including derivative instruments that provide diversified exposure across the securitized credit landscape. It is listed on the Cboe BZX Exchange, Inc. and is offered at a 0.39% net expense ratio.

Both AAAD and PINC seek to maximize total return through a combination of current income and capital appreciation, leveraging the deep expertise of PGIM’s $1.2 trillion credit platform.1

“We’re expanding our active ETF platform with innovative, competitively priced strategies that give investors more precise access to income-generating securitized credit opportunities,” said Stuart Parker, head of Global Wealth at PGIM.

PGIM’s ETF platform offers over 60 actively managed ETFs across equity and fixed income asset classes. PGIM is the 11th-largest active ETF provider4 with $27 billion in assets under management.1

Learn more about PGIM’s growing lineup of actively managed ETFs at pgim.com.

ABOUT PGIM

PGIM is the global asset management business of Prudential Financial, Inc. (NYSE: PRU), with $1.4 trillion in assets under management.1 PGIM offers clients deep expertise across public and private asset classes, delivering a diverse range of investment strategies and tailored solutions — including fixed income, equities, real estate and alternatives. With 1,500+ investment professionals across 40 offices in 20 countries, we serve retail and institutional clients worldwide. For more information visit pgim.com.

Prudential Financial, Inc. of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom, or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. For more information please visit news.prudential.com.

1As of March 31, 2026.
2“Core-like” refers to the duration of the PGIM AAA CLO Aggregate Duration ETF (AAAD), which per the Fund’s prospectus will be within one year of the broad U.S. bond market.
3As of May 31, 2026.
4Source: Morningstar Direct as of March 31, 2026.

PGIM AAA CLO Aggregate Duration ETF Risk Disclosure

As an actively managed exchange-traded fund (ETF), risks of investing in the Fund include, but are not limited to the following: The Fund is subject to authorized participant concentration risk and the risks of transacting in cash versus in-kind. ETFs may trade at a premium or discount to net asset value and may lack an active trading market. Additional costs may be incurred when transacting through a broker. Collateralized loan obligations are subject to credit, interest rate, valuation and prepayment and extension risks, as well as risk of default on the underlying asset. Collateralized loan obligation (CLO) managers may have limited operating histories and may be subject to conflicts of interest that may incentivize maximizing the yield, and indirectly the risk, of a CLO. Fixed income investments are subject to credit, market, prepayment and interest rate risks, and their value will decline as interest rates rise. Leveraging techniques may magnify losses. As a “fund of funds,” the Fund is subject to the performance and risks of the underlying funds and their investments. Foreign securities are subject to currency fluctuations and political uncertainty. Derivatives may carry market, credit and liquidity risks. The Fund has a limited operating history, and investment positions may have a disproportionate impact on performance. There is no guarantee the Fund’s objective will be achieved. Risks are more fully explained in the Fund’s prospectus.

PGIM Securitized Income ETF Risk Disclosure

As an actively managed exchange-traded fund (ETF), risks of investing in the Fund include, but are not limited to the following: The Fund is subject to authorized participant concentration risk and the risks of transacting in cash versus in-kind. ETFs may trade at a premium or discount to net asset value and may lack an active trading market. Additional costs may be incurred when transacting through a broker. Collateralized loan obligations are subject to credit, interest rate, valuation and prepayment and extension risks, as well as risk of default on the underlying asset. Collateralized loan obligation (CLO) managers may have limited operating histories and may be subject to conflicts of interest that may incentivize maximizing the yield, and indirectly the risk, of a CLO. Fixed income investments are subject to credit, market, prepayment and interest rate risks, and their value will decline as interest rates rise. Floating rate and other loans are subject to the risk that failure to receive scheduled interest or principal payments on a loan would adversely affect the income of the Fund and would likely reduce the value of its assets. High yield (“junk”) bonds are subject to greater credit and market risks. Mortgage-backed and asset-backed securities tend to increase in value less than other debt securities when interest rates decline, but are subject to a similar risk of decline in market value during periods of rising interest rates. Holders of structured product securities bear the risks of the underlying investments, index or reference obligation. Investments in currency may result in a decline in the Fund’s net asset value due to changes in exchange rates. Foreign securities are subject to currency fluctuations and political uncertainty. Derivatives may carry market, credit and liquidity risks. Leveraging techniques may magnify losses. The Fund has a limited operating history, and investment positions may have a disproportionate impact on performance. There is no guarantee the Fund’s objective will be achieved. Risks are more fully explained in the Fund’s prospectus.

PGIM AAA CLO ETF Risk Disclosure

As an actively managed exchange-traded fund (ETF), risks of investing in the Fund include, but are not limited to the following: The Fund is subject to authorized participant concentration risk and the risks of transacting in cash versus in-kind. ETFs may trade at a premium or discount to net asset value and may lack an active trading market. Additional costs may be incurred when transacting through a broker. Fixed Income investments are subject to credit, market, prepayment and interest rate risks, and their value will decline as interest rates rise. Foreign securities are subject to currency fluctuations and political uncertainty. Collateralized loan obligations are subject to credit, interest rate, valuation and prepayment and extension risks, as well as risk of default on the underlying asset. Collateralized loan obligation (CLO) managers may have limited operating histories and may be subject to conflicts of interest that may incentivize maximizing the yield, and indirectly the risk, of a CLO. Derivatives may carry market, credit and liquidity risks. As a non-diversified fund, investments in the Fund involve greater risk than investing in a diversified fund because a loss resulting from the decline in value of any one security may represent a greater portion of the total assets of a non-diversified fund. There is no guarantee the Fund’s objective will be achieved. Risks are more fully explained in the fund’s prospectus.

Consider a fund’s investment objectives, risks, charges and expenses carefully before investing. The prospectus and summary prospectus contain this and other information about the fund. Contact your financial professional for a prospectus and summary prospectus. Read them carefully before investing.

Investment products are distributed by Prudential Investment Management Services LLC, member FINRA and SIPC. PGIM Investments is a registered investment advisor and investment manager to PGIM registered investment companies. PGIM is the principal asset management business of Prudential Financial, Inc. (PFI), and a trading name of PGIM, Inc. and its global subsidiaries and affiliates. © 2026 Prudential Financial, Inc. and its related entities. PGIM, PGIM Investments, and the PGIM logo are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.

This material is being provided for informational or educational purposes only and does not take into account the investment objectives or financial situation of any client or prospective clients. The information is not intended as investment advice and is not a recommendation. Clients seeking information regarding their particular investment needs should contact their financial professional.

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The Morningstar Medalist Rating is the summary expression of Morningstar’s forward‑looking analysis of investment strategies as offered via specific vehicles using a rating scale of Gold, Silver, Bronze, Neutral, and Negative. These ratings indicate which investments Morningstar believes are likely to outperform their Morningstar Category average on a risk‑adjusted basis over time. Investment products are evaluated on three fundamental pillars (People, Parent, and Process) and the Medalist Rating Price Score, which forms the basis for Morningstar’s conviction in products’ investment merits and determines the Medalist Rating assigned. Ratings take the form of Low (‑2), Below Average (‑1), Average (0), Above Average (+1), and High (+2). Pillars may be evaluated via an analyst’s qualitative assessment (either directly to a vehicle the analyst covers or indirectly when the pillar ratings of a covered vehicle are mapped to a related uncovered vehicle) or using algorithmic techniques. The cost of an investment product is evaluated using the Medalist Rating Price Score, which is a continuous score from -2.5 to +2.5 based on the percentile rank of a vehicle’s expense ratio within its Morningstar Category. Morningstar combines the pillar scores and Medalist Rating Price Score using predetermined weights for actively and passively managed vehicles to calculate a weighted score. The weighted score is then compared to fixed thresholds employed consistently across Morningstar Categories and regions, with separate thresholds for actively and passively managed investments. Rating thresholds are reviewed at least annually. Buffers and ratings caps help prevent frequent ratings changes. When analysts directly cover a vehicle, they assign the fundamental pillar ratings based on their qualitative assessment, subject to Analyst Rating Committee oversight, and monitor and reevaluate them approximately once a year. When vehicles are covered either indirectly by analysts or by algorithm, the ratings are assigned monthly. For more detailed information about the Medalist Ratings, including their methodology, please visit: http://global.morningstar.com/managerdisclosures. The Morningstar Medalist Ratings are not statements of fact, nor are they credit or risk ratings. The Morningstar Medalist Rating (i) should not be used as the sole basis in evaluating an investment product, (ii) involves unknown risks and uncertainties which may cause expectations not to occur or to differ significantly from what was expected, (iii) is not guaranteed to be based on complete or accurate assumptions or models when determined algorithmically, (iv) involves the risk that return targets will not be met due to unforeseen changes in management, technology, economic development, interest rate development, operating and/or material costs, competitive pressure, supervisory law, exchange rates, tax rates, or political and social conditions, and (v) should not be considered an offer or solicitation to buy or sell the investment product. A change in the fundamental factors underlying the Morningstar Medalist Rating may result in the rating no longer being accurate. Analysts do not have any other material conflicts of interest at the time of publication. Users wishing to obtain further information should contact their local Morningstar office.

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More News From Prudential Financial, Inc.

Gold prices fell in Saudi Arabia on Thursday, according to data compiled by FXStreet.

The price for Gold stood at 491.16 Saudi Riyals (SAR) per gram, down compared with the SAR 492.03 it cost on Wednesday.

The price for Gold decreased to SAR 5,728.56 per tola from SAR 5,738.97 per tola a day earlier.

Unit measure

Gold Price in SAR

1 Gram

491.16

10 Grams

4,911.40

Tola

5,728.56

Troy Ounce

15,276.77

FXStreet calculates Gold prices in Saudi Arabia by adapting international prices (USD/SAR) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge slightly.

Gold FAQs Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn’t rely on any specific issuer or government.

Central banks are the biggest Gold holders. In their aim to support their currencies in turbulent times, central banks tend to diversify their reserves and buy Gold to improve the perceived strength of the economy and the currency. High Gold reserves can be a source of trust for a country’s solvency. Central banks added 1,136 tonnes of Gold worth around $70 billion to their reserves in 2022, according to data from the World Gold Council. This is the highest yearly purchase since records began. Central banks from emerging economies such as China, India and Turkey are quickly increasing their Gold reserves.

Gold has an inverse correlation with the US Dollar and US Treasuries, which are both major reserve and safe-haven assets. When the Dollar depreciates, Gold tends to rise, enabling investors and central banks to diversify their assets in turbulent times. Gold is also inversely correlated with risk assets. A rally in the stock market tends to weaken Gold price, while sell-offs in riskier markets tend to favor the precious metal.

The price can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can quickly make Gold price escalate due to its safe-haven status. As a yield-less asset, Gold tends to rise with lower interest rates, while higher cost of money usually weighs down on the yellow metal. Still, most moves depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAU/USD). A strong Dollar tends to keep the price of Gold controlled, whereas a weaker Dollar is likely to push Gold prices up.

(An automation tool was used in creating this post.)

HomeStock IdeasLong IdeasTech 

SummaryArrow Electronics has surged 75% in six months, yet trades at just 10x forward non-GAAP earnings, offering double-digit upside potential.ARW benefits from robust AI-driven demand, a growing backlog, and improved margin visibility, with Q1 sales up 39% and non-GAAP EPS up 190%.Valuation remains compelling: ARW trades at a 61% discount to sector median, with a re-rating to 11–12x forward earnings supporting a $220–$230 target.Risks include ARW's low-margin distributor status and potential margin slippage, but strong fundamentals and backlog underpin the upside thesis. AlexSecret/iStock via Getty Images

Elevator Thesis Arrow Electronics (ARW) stock has retreated after an epic run over the past year in line with the broader AI space.

In the past six months, the stock has risen 75%, outpacing the S&P

476 Followers

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Gold prices fell in Pakistan on Thursday, according to data compiled by FXStreet.

The price for Gold stood at 36,206.19 Pakistani Rupees (PKR) per gram, down compared with the PKR 36,372.48 it cost on Wednesday.

The price for Gold decreased to PKR 422,302.40 per tola from PKR 424,241.40 per tola a day earlier.

Unit measure

Gold Price in PKR

1 Gram

36,206.19

10 Grams

362,055.10

Tola

422,302.40

Troy Ounce

1,126,190.00

FXStreet calculates Gold prices in Pakistan by adapting international prices (USD/PKR) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge slightly.

Gold FAQs Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn’t rely on any specific issuer or government.

Central banks are the biggest Gold holders. In their aim to support their currencies in turbulent times, central banks tend to diversify their reserves and buy Gold to improve the perceived strength of the economy and the currency. High Gold reserves can be a source of trust for a country’s solvency. Central banks added 1,136 tonnes of Gold worth around $70 billion to their reserves in 2022, according to data from the World Gold Council. This is the highest yearly purchase since records began. Central banks from emerging economies such as China, India and Turkey are quickly increasing their Gold reserves.

Gold has an inverse correlation with the US Dollar and US Treasuries, which are both major reserve and safe-haven assets. When the Dollar depreciates, Gold tends to rise, enabling investors and central banks to diversify their assets in turbulent times. Gold is also inversely correlated with risk assets. A rally in the stock market tends to weaken Gold price, while sell-offs in riskier markets tend to favor the precious metal.

The price can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can quickly make Gold price escalate due to its safe-haven status. As a yield-less asset, Gold tends to rise with lower interest rates, while higher cost of money usually weighs down on the yellow metal. Still, most moves depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAU/USD). A strong Dollar tends to keep the price of Gold controlled, whereas a weaker Dollar is likely to push Gold prices up.

(An automation tool was used in creating this post.)

Gold prices fell in United Arab Emirates on Thursday, according to data compiled by FXStreet.

The price for Gold stood at 479.36 United Arab Emirates Dirhams (AED) per gram, down compared with the AED 481.26 it cost on Wednesday.

The price for Gold decreased to AED 5,591.39 per tola from AED 5,613.33 per tola a day earlier.

Unit measure

Gold Price in AED

1 Gram

479.36

10 Grams

4,793.79

Tola

5,591.39

Troy Ounce

14,910.70

FXStreet calculates Gold prices in United Arab Emirates by adapting international prices (USD/AED) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge slightly.

Gold FAQs Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn’t rely on any specific issuer or government.

Central banks are the biggest Gold holders. In their aim to support their currencies in turbulent times, central banks tend to diversify their reserves and buy Gold to improve the perceived strength of the economy and the currency. High Gold reserves can be a source of trust for a country’s solvency. Central banks added 1,136 tonnes of Gold worth around $70 billion to their reserves in 2022, according to data from the World Gold Council. This is the highest yearly purchase since records began. Central banks from emerging economies such as China, India and Turkey are quickly increasing their Gold reserves.

Gold has an inverse correlation with the US Dollar and US Treasuries, which are both major reserve and safe-haven assets. When the Dollar depreciates, Gold tends to rise, enabling investors and central banks to diversify their assets in turbulent times. Gold is also inversely correlated with risk assets. A rally in the stock market tends to weaken Gold price, while sell-offs in riskier markets tend to favor the precious metal.

The price can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can quickly make Gold price escalate due to its safe-haven status. As a yield-less asset, Gold tends to rise with lower interest rates, while higher cost of money usually weighs down on the yellow metal. Still, most moves depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAU/USD). A strong Dollar tends to keep the price of Gold controlled, whereas a weaker Dollar is likely to push Gold prices up.

(An automation tool was used in creating this post.)

Moonwell, the decentralized lending protocol, has put forward a governance proposal to formally wind down its operations on the Moonbeam network before the chain shuts down entirely on July 31, 2026. The proposal, designated MIP-M45, is currently live for on-chain voting.

What MIP-M45 actually does The proposal lays out a structured plan to withdraw protocol reserves from several Moonbeam markets, including GLMR, xcDOT, USDC, FRAX, and ETH. Those funds would be transferred to a Foundation-designated wallet specifically aimed at settling any bad debts remaining in the system.

Beyond the reserve withdrawal, Moonwell plans to halt all new supply and borrowing activity on Moonbeam.

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Existing users still have positions open on Moonbeam, and the message from Moonwell is pretty clear. Close your positions and withdraw your funds before the deadline, or risk losing access to those assets entirely once the chain goes offline.

To nudge users toward the exit, collateral factors across Moonbeam markets will be reduced.

The bigger picture: Moonbeam’s shutdown and GLMR migration Moonbeam’s parachain operations are being fully sunset by July 31, 2026. As part of that process, the GLMR token is migrating at a 1:1 ratio to an ERC-20 token on the Base network. A new bridge is expected to remain operational through the end of the month to facilitate the transition.

This isn’t the first time Moonwell has gone through this exercise. The protocol fully deprecated its deployment on Moonriver back on January 29, 2026, after Chainlink pulled its oracle support from that network.

Governance for Moonwell was migrated from Moonbeam to Ethereum mainnet on May 21, 2026. Just eight days later, on May 29, new lending markets on Ethereum were proposed.

What this means for investors If you have any positions open on Moonwell’s Moonbeam deployment, the clock is ticking. Assets remaining on Moonbeam after the July shutdown may become permanently inaccessible.

For GLMR holders, the 1:1 token migration to Base needs to happen before the bridge closes. The bridge is only expected to remain operational through the end of July, which creates a tight timeline for anyone holding GLMR on the original chain.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Gold prices fell in India on Thursday, according to data compiled by FXStreet.

The price for Gold stood at 12,484.01 Indian Rupees (INR) per gram, down compared with the INR 12,520.64 it cost on Wednesday.

The price for Gold decreased to INR 145,611.00 per tola from INR 146,038.30 per tola a day earlier.

Unit measure

Gold Price in INR

1 Gram

12,484.01

10 Grams

124,840.10

Tola

145,611.00

Troy Ounce

388,296.30

FXStreet calculates Gold prices in India by adapting international prices (USD/INR) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge slightly.

Gold FAQs Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn’t rely on any specific issuer or government.

Central banks are the biggest Gold holders. In their aim to support their currencies in turbulent times, central banks tend to diversify their reserves and buy Gold to improve the perceived strength of the economy and the currency. High Gold reserves can be a source of trust for a country’s solvency. Central banks added 1,136 tonnes of Gold worth around $70 billion to their reserves in 2022, according to data from the World Gold Council. This is the highest yearly purchase since records began. Central banks from emerging economies such as China, India and Turkey are quickly increasing their Gold reserves.

Gold has an inverse correlation with the US Dollar and US Treasuries, which are both major reserve and safe-haven assets. When the Dollar depreciates, Gold tends to rise, enabling investors and central banks to diversify their assets in turbulent times. Gold is also inversely correlated with risk assets. A rally in the stock market tends to weaken Gold price, while sell-offs in riskier markets tend to favor the precious metal.

The price can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can quickly make Gold price escalate due to its safe-haven status. As a yield-less asset, Gold tends to rise with lower interest rates, while higher cost of money usually weighs down on the yellow metal. Still, most moves depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAU/USD). A strong Dollar tends to keep the price of Gold controlled, whereas a weaker Dollar is likely to push Gold prices up.

(An automation tool was used in creating this post.)

One App, Two Asset ClassesSouth Korea's largest independent financial group, Mirae Asset (@MiraeAsset_IN), has set its sights on tokenized stocks and bonds. The group wants those products trading on its new Hong Kong platform within three years, sitting alongside conventional assets inside a single mobile app.

The vehicle is MAPS, short for Mirae Asset Portfolio Service. Mirae Asset's Hong Kong unit launched the platform on June 27, giving users a unified interface for both equities and digital assets. The rollout follows a regulatory green light: Hong Kong's Securities and Futures Commission granted Mirae Asset's local unit a retail digital asset licence in April, clearing the way for the firm to offer crypto trading services to individual investors. Tokenized products are flagged as the next phase, with Hong Kong serving as the testbed before any wider rollout.

The ambitions stretch beyond the city. Mirae Asset plans to expand MAPS to the United States, Korea, Japan and Singapore, and also intends to add AI-powered wealth management tools. Founding Chairman Park Hyeon-joo attended the Hong Kong launch in person, calling it "the first step toward the next 20 years of Mirae Asset Hong Kong."

The Hard Part: Getting Investors to Actually TradeMirae Asset is entering a market that Hong Kong has been carefully preparing. As of March 2026, Hong Kong had 13 publicly offered tokenized products with total assets under management of roughly HK$10.7 billion (approximately US$1.4 billion), a sevenfold increase from the previous year. In April, the SFC went further, permitting secondary trading of authorised tokenized investment products on licensed virtual asset platforms.

The regulatory groundwork is real, but history offers a note of caution. Established tokenized-market infrastructure projects, including SIX's SDX exchange in Switzerland and Singapore's ADDX, have demonstrated that building the technical rails is the straightforward part. Attracting consistent trading volume from real investors has proved far more difficult. Mirae Asset has a retail distribution network and an established brand across Asia, which gives it more traction than a standalone exchange. Whether that is enough to drive meaningful liquidity in tokenized equities and bonds within its three-year window remains the central question.

Sources:
Mirae Asset launches global investment platform MAPS in Hong Kong, Korea Herald
Mirae Asset Securities enters Hong Kong's retail digital asset market, UPI
Hong Kong expands digital asset ecosystem with tokenization push, Crypto Briefing

Meta (META 2.02%) CEO Mark Zuckerberg held a town-hall meeting with his staff. And if the leaks from that meeting are true, he basically said that his company needs more time to make its artificial intelligence (AI) investments work. Investors were not pleased, sending the stock sharply lower on the news. This could be a big deal.

What is Zuckerberg's admission telling investors? In a similar fashion to the internet-driven dot-com bubble, investors have been rewarding just about any mention of artificial intelligence. Just like during the dot-com bubble, when companies happily appended ".com" to their names, you have companies leaning into the AI theme. OpenAI, though not public (yet), is perhaps the prime example. But every company that invests in AI won't end up a winner.

Image source: Getty Images.

Meta's CEO basically just admitted that making AI work isn't as easy as you might hope. Despite that, the company is making drastic, rapid changes, including large staff reductions. Meta's top brass appears worried that it won't change quickly enough to keep up with the competition. That's not unreasonable, given that AI is a new and transformative technology.

The only problem is that it is new and transformative, and nobody has yet figured out what a sustainable business model looks like. There are billions of dollars going into AI, but all that is backing the spending up are predictions of what AI might be capable of. Notably, Meta just sold $25 billon in debt, which follows on a $30 billion debt sale in late 2025.

Today's Change

(

-2.02

%) $

-12.46

Current Price

$

603.12

AI spending was the primary driver of the debt sales, suggesting the company is leaning hard into something that isn't working out as planned. It probably shouldn't be surprising that the pricing around the 2026 debt sale indicated that investors were more tentative than during the 2025 debt sale, according to Bloomberg. Meta's stock decline following the leak from the Zuckerberg town hall is basically illustrating the same concern, just in the stock market.

Not time to panic, but start watching more closely It is too soon to suggest that Meta's investment in AI is a failure. In fact, given the company's size and importance in the tech sector, it will likely find a way to make AI work. However, that doesn't mean all of the AI spending it is doing will be financially rewarding. Investors are already starting to worry that money is being wasted on the AI effort, suggesting that you should probably pay increasing attention to Meta's AI progress. But don't stop at Meta. You should probably be paying extra attention to any AI spending that's taking place at the companies you own.