Ripple is expanding its presence and corporate relationships in Asia amid surging interest in blockchain-based payment infrastructures. As central banks, regulatory authorities, and major financial firms across the region increasingly turn to digital asset-focused payment solutions, Ripple’s profile and influence have become more visible than ever.
Digital currency conversations pick up speed in ThailandOne of the most significant examples of this trend is Thailand, where digital currency initiatives are accelerating. The Bank of Thailand is working towards launching a one-to-one baht-backed stablecoin by 2027. While it has not been confirmed that Ripple will provide the technology infrastructure for this project, the company has emerged as a key policy stakeholder in shaping Thailand’s digital currency agenda.
Ripple responded to the Bank of Thailand’s 2021 central bank digital currency (CBDC) discussion paper, highlighting the importance of interoperability with international payment standards to enable smoother cross-border transactions. The company also proposed a two-tier CBDC model in which the central bank issues the currency, while licensed financial institutions handle distribution and customer service.
Mini glossary: CBDC refers to digital forms of a central bank’s official currency. A stablecoin is a digital asset typically pegged to a fiat currency.
Additionally, Ripple has unveiled its CBDC platform built on the XRP Ledger, touting advantages for central banks such as faster settlement, reduced operating costs, greater scalability, and increased energy efficiency. The ongoing dialogue between Ripple and Thai central bank officials—inclusive of recent policy events held with TRM Labs—underscores the deepening engagement between the parties.
Ripple advocates for a CBDC model that is both interoperable with international payment standards and operates on two levels to ensure seamless cross-border transactions.
Japan emerges as a strategic hubRipple’s expansion in Asia is by no means limited to Thailand. The company has established partnerships with banks, payment service providers, and financial institutions across markets such as Japan, South Korea, Singapore, Hong Kong, the Philippines, and Vietnam. Regional government openness to CBDCs, tokenized assets, and blockchain-based payment networks is driving even greater value to Ripple’s growing ecosystem.
Japan stands out as a particularly strong strategic base for Ripple. The country’s financial giant SBI Holdings has long been a major investor in Ripple and has supported the company’s payment solutions across Asia. In a move that extends its influence further into the digital asset sector, the SBI Group recently agreed to acquire Japanese crypto exchange Bitbank in a deal valuing the company at $289 million. As a leading Japan-based finance conglomerate, SBI Holdings operates across banking, investment, and digital finance sectors.
RLUSD approval draws the spotlightRipple has made a noteworthy move in Japan’s stablecoin market as well. The company’s RLUSD stablecoin has become the first US dollar-pegged stablecoin to receive regulatory approval for domestic distribution in the country. This marks a pivotal milestone as Japan advances its framework for digital assets.
As Asian economies modernize their payment infrastructures, Ripple’s relationships with regulators, its network of corporate alliances, and its blockchain innovations strengthen its foothold in the region. The deepening ties in both Japan and Thailand suggest that Asia could emerge as Ripple’s most significant growth engine in the years ahead.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
BitMine zpomalila nákupy ETH a minulý týden koupila 27 084 ETH, zatímco spotové ETH ETF zaznamenaly sedmý týden čistých odlivů v řadě, nejvíce od ledna, a to ve výši 273,3 milionu USD.
Ethereum price today: $1,580BitMine acquired 27,084 ETH last week following its inclusion in the Russell 1000 index.ETH ETFs recorded a seventh straight week of outflows and their largest weekly negative flow since January.ETH briefly recovers to $1,600 but faces key descending trendline resistance.Ethereum (ETH) treasury firm BitMine Immersion slowed the pace of its accumulation of the top altcoin following increased weakness across the crypto market.
The Las Vegas-based firm purchased 27,084 ETH last week, increasing its total holdings to 5.7 million ETH worth $9.22 billion at the time of writing. Last week's purchase represents its fourth-lowest so far this year.
BitMine also increased its staked assets by 160,480 ETH during the period. Its total staked ETH is now at 4.879 million ETH, earning annualized staking revenue of $211 million.
The move comes as ETH continues to experience strong risk-off sentiment across the board. Last week, US spot Ethereum exchange-traded funds (ETFs) recorded a seventh consecutive week of net outflows and their largest negative flow since January worth $273.3 million, per SoSoValue data. The products are currently in their longest weekly outflow streak.
"This past week was a challenging one for crypto investors as ETH fell by 8%, even as Ethereum witnessed notable positive developments such as the creation of Ethlabs, and even the Bank of England softened its stance around stablecoins," said BitMine Chairman Thomas Lee in a Monday statement. "We are nearing quarter-end for June, and it is not surprising to see ‘window dressing’ leading to investors reducing their holdings in assets which have fallen in the past 3 months."
Meanwhile, BitMine was added to the Russell 1000 Large Cap index last week following the index's annual reconstitution. The company claims the Investment Company Institute (ICI) estimates that 20% of a company's shares are held in passive funds and ETFs.
“Being added to the Russell 1000 is expected to add hundreds and possibly thousands of additional institutional investors as equity owners of BitMine,” added Lee.
Last week, BitMine, together with ETH treasury SharpLink, also announced that it will fund the recently launched Ethereum research and development non-profit Ethlabs.
BitMine shares closed trading with a 1.77% gain on Monday, but remained below its net asset value.
Ethereum Price Forecast: ETH struggles at descending trendline resistanceOn the daily chart, ETH is extending its bearish bias, with price remaining well below the 20-, 50- and 100-day Exponential Moving Averages (EMAs), clustered between roughly $1,670 and $2,004.
The top altcoin remains trapped beneath the descending resistance trendline, with the break level near $1,626, while momentum indicators stay soft: the Relative Strength Index (RSI) at 35 and the Stochastic at 26 both hint at lingering downside pressure, with only modest signs of stabilization.
On the topside, initial resistance is seen at the trendline break area around $1,626, followed by the 20-day EMA at $1,670 and the horizontal barrier at $1,741. A sustained recovery above $1,806 and the 50-day EMA at $1,826 would be needed to ease the current bearish tone, with further hurdles at $1,909 and the 100-day EMA at $2,004.
ETH/USDT daily chartOn the downside, immediate support is near $1,524, ahead of a deeper floor at $1,404, while a break below $1,155 would expose a more pronounced medium-term bearish extension.
(The technical analysis of this story was written with the help of an AI tool.)
Americké spotové Bitcoin ETF zaznamenaly odliv 231 mil. USD a prodlužují sérii na osm dní v řadě. Spotové Ethereum ETF tentýž den ztratily 30 mil. USD.
US spot Bitcoin ETFs hemorrhaged $231 million on June 29, extending a painful streak to eight consecutive days of net withdrawals. Spot Ethereum ETFs joined the exodus with $30 million leaving the same day, according to data from SoSoValue.
The June rout by the numbers The $231 million Bitcoin outflow on June 29 wasn’t even the worst single day this month. On June 10, Bitcoin ETFs saw $214 million in redemptions while Ethereum products lost $35.6 million.
June 2026 is on pace for over $4 billion in total outflows from US spot Bitcoin ETFs. That would make it the largest monthly decline since these products first hit the market in January 2024.
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BlackRock’s IBIT, the dominant fund in the space, has been a significant contributor to the recent redemptions.
On the Ethereum side, the $30.043 million net outflow on June 29 is smaller in absolute terms but still part of a broader negative trend. Ethereum ETFs have historically shown mixed flow patterns, oscillating between modest inflows and outflows. But June has tilted firmly negative.
What’s driving the pullback The short answer: macroeconomics. Rising interest rates make safe-haven assets like Treasury bonds more attractive relative to volatile ones like crypto. When a money market fund pays you a competitive yield for doing essentially nothing, the case for sitting in Bitcoin through a choppy stretch gets harder to make, especially for institutional allocators who answer to risk committees and compliance officers.
What’s changed is the duration and consistency of the selling. Previous outflow episodes tended to reverse within a few days as dip-buyers stepped in. Eight straight days without a positive session suggests something more structural is happening beneath the surface.
What this means for investors For traders watching this space, a few things are worth monitoring closely. First, whether the outflow streak breaks. Second, keep an eye on IBIT specifically. BlackRock’s fund is the bellwether for institutional sentiment in crypto ETFs.
Third, watch the macro calendar. Any shift in Fed rate expectations, whether from economic data surprises or central bank commentary, could rapidly change the calculus for institutional allocators. Crypto’s correlation with rate-sensitive assets means that a dovish surprise could reverse outflows just as quickly as hawkish expectations triggered them.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
According to monitoring by Onchain Lens, the Ethereum Foundation has staked 4,938 ETH (valued at $7.86 million) via Lido, and may stake more.
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Key Highlights Over 6,100 fresh wallet addresses joined Chainlink’s network within a 48-hour window, representing the most significant expansion spike of 2026. Analytics from Santiment reveal LINK has surpassed 892,800 active wallets on Ethereum, with more than 8,000 new addresses appearing in just five days. This rapid user base expansion occurs while LINK’s market value hovers near recent bottom levels, trading around $7.30. Chainlink’s technology plays a central role in the real-world asset tokenization sector, which has expanded by over 100% since the beginning of 2025. Major financial players including the DTCC, UBS, and Mastercard are actively collaborating with Chainlink to develop tokenized asset systems. Chainlink’s ecosystem is experiencing a remarkable surge in user adoption despite its token continuing to struggle with price performance. Recent analytics indicate the network onboarded 6,100 new unique wallet addresses within a mere two-day period. This represents the most aggressive user acquisition rate the protocol has registered throughout 2026.
Chainlink (LINK) Price Address growth serves as a fundamental metric for gauging network adoption and genuine usage, distinct from speculative price movements. It’s entirely possible for a digital asset to experience downward price pressure while simultaneously expanding its active user community. This divergence appears to be exactly what Chainlink is demonstrating at present.
Santiment Intelligence, a respected blockchain data analytics platform, published findings highlighting this unusual pattern. The firm’s official account noted that Chainlink’s address count has entered a “parabolic” growth phase. Their data indicates LINK on the Ethereum network has reached 892,800 wallets containing balances, representing an influx of over 8,000 new holders within a five-day timeframe.
✍️ TL;DR: Chainlink’s holder count has gone parabolic
📊 Metrics used: Total Holders
🔗 Link to chart: https://t.co/dtIQSALghS
📈 Chainlink’s holder growth is suddenly accelerating in a big way. $LINK on Ethereum is now up to 892.8K non-empty wallets, adding more than 8K holders… pic.twitter.com/rr4POGHn9a
— Santiment Intelligence (@SantimentData) June 29, 2026
Breaking Down The User Growth Metrics Analysts at Santiment observed that maintaining the current velocity, Chainlink could breach the 900,000 holder threshold before the current week concludes. Their projections further suggest that if this momentum sustains, the network might achieve the 1 million holder milestone by the conclusion of the summer season.
The Santiment analysis also drew connections between this adoption wave and recent institutional developments. The report referenced Project Pangea, ongoing DTCC collateral initiatives, the expansion of tokenized financial products, and around-the-clock equity data delivery systems as catalysts driving renewed interest. The analysts suggested that this pattern of accumulation during price weakness often precedes broader market recognition and momentum shifts.
LINK has experienced approximately 20% depreciation over the trailing three-month period. Current market data shows the token exchanging hands at $7.30, a significant decline from its 52-week peak of $27.70.
$LINK is back in the same monthly accumulation zone that preceded its previous explosive rallies.
If history repeats, a breakout from this base could open the path toward the $30+ region. 🚀 pic.twitter.com/bsQxpzsw9j
— FOUR | Crypto Spaces (@X_Four_iv) June 29, 2026
Despite facing downward price pressure, Chainlink continues advancing its position within the real-world asset tokenization ecosystem. This emerging sector involves representing traditional asset ownership—including equities, fixed income instruments, and property—on distributed ledger technology. The tokenized asset market has experienced explosive growth, expanding from $15.2 billion in early 2025 to $32.2 billion currently.
Both the New York Stock Exchange and Nasdaq are actively developing platforms for tokenized equity offerings. The DTCC, the critical infrastructure provider for securities clearing and settlement operations, has established a strategic partnership with Chainlink to construct the technical foundation for continuous trading capabilities.
Understanding Chainlink’s Infrastructure Position Chainlink provides oracle services and connectivity solutions that bridge blockchain networks with external data sources and traditional systems. Its technology operates across both permissionless public blockchains like Ethereum and permissioned private networks deployed by financial institutions.
🐋 WHALE WATCH: RWA IS THE UNDISPUTED WINNING NARRATIVE OF 2026!
The market is entirely distracted. $LINK is somehow down -35% YTD despite locking in 15 massive institutional partners this year.
The TradFi partnerships prove the adoption is real: $ONDO: Broadridge J.P.… pic.twitter.com/TYKRL9WWEU
— Whale Factor (@WhaleFactor) June 28, 2026
This interoperability proves crucial as traditional financial institutions explore both public and private blockchain architectures. Chainlink’s technology stack accommodates both paradigms, positioning the protocol to capture value regardless of which model achieves dominance.
The protocol’s institutional partnership roster features prominent names including UBS, Mastercard, and various U.S. government entities. Chainlink also claims its infrastructure underpins over 70% of decentralized finance applications currently operational.
Market strategists specializing in blockchain metrics caution that wallet proliferation in isolation doesn’t guarantee imminent price appreciation. They emphasize that on-chain transaction volumes, accumulation behaviors, and technical price structure must all align to validate a sustainable trend reversal.
Currently, Chainlink’s wallet metrics continue their upward trajectory while the token’s market price remains anchored near multi-month support levels. The immediate data point market participants are monitoring is whether the network successfully crosses the 900,000 holder mark by week’s end, as current growth rates indicate is probable.
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Ford is recalling 741,195 vehicles in the US over a transmission defect that can damage the park system, which in turn could result in vehicles rolling away, the US National Highway Traffic Safety Administration said on Tuesday.
The recall affects certain 2018-2021 Navigator, Expedition, 2020-2021 Explorer, Lincoln Aviator, and 2021 F-150 vehicles, the regulator said.
A 2021 Ford F-150. jetcityimage – stock.adobe.com The dealers will update the software, and inspect and replace any damaged transmission components free of charge, as per NHTSA.
Separately, Ford is also recalling 36,046 vehicles of its Bronco model in the US over improperly secured fender flares that can detach from the vehicle, becoming a road hazard and increasing the risk of a crash, according to NHTSA.
Fender flares are the curved extensions above the tires that fit around the vehicle’s wheel arches.
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Aave a Chainlink od spuštění Chainlink SVR v roce 2025 získaly zpět přes 21 milionů USD v kombinovaných výnosech. Z toho asi 14 milionů USD připadlo Aave a 7 milionů USD Chainlink.
Over $21 Million Recaptured Since LaunchAave and Chainlink have recaptured more than $21 million in combined revenue since the launch of Chainlink Smart Value Recapture (SVR) in 2025, according to Token Logic data shared by Josef Abregab (jfab.eth). Around $14 million has flowed to Aave and $7 million to Chainlink. SVR fees on Aave also recorded their third highest month on record in the latest period, per the same data.
In March 2025, Aave integrated Chainlink SVR into its Core Ethereum market, enabling the protocol to recapture value from liquidation-related MEV that had historically leaked to network validators, external searchers, and block builders. The milestone adds a meaningful new revenue line for both DAOs and reflects a broader shift in how DeFi protocols think about value that was once simply left on the table.
How SVR WorksChainlink SVR Feeds introduce a way to recapture Oracle Extractable Value (OEV), a subset of non-toxic Maximal Extractable Value (MEV) associated with oracle updates that is most commonly observed during the liquidation process of lending protocols. Historically, tens of millions of dollars worth of liquidation OEV has been leaked and captured by participants of the block building process, with none of the value returning to the DeFi protocols or oracle infrastructure that generated it.
Built in collaboration with BGD Labs, Flashbots, and other Aave DAO contributors, Chainlink SVR recaptures oracle-related MEV using a combination of Chainlink oracle networks and Flashbots' MEV-Share service. By sending oracle updates through a dual aggregator architecture, SVR enables an auction for the opportunity to backrun liquidations, allowing the DeFi protocol and the Chainlink Network to share in the payment offered by searchers instead of letting it leak entirely to third parties.
Recaptured OEV revenue is split between the Aave and Chainlink communities, with an initial discounted rate of 65% to the Aave ecosystem and 35% to the Chainlink ecosystem, as confirmed in an Aave DAO vote. The value recaptured by SVR provides DeFi protocols with an additional revenue stream while also supporting the economic sustainability of Chainlink oracles.
The cumulative $21 million figure in the Token Logic data is ahead of an earlier milestone reported by Aave's own blog, which put total recaptured revenue at roughly $16 million across approximately 3,900 liquidation events in the first nine months through early February 2026, representing an average recapture rate of 73% of total non-toxic MEV from liquidations. The gap between the two figures reflects continued growth in SVR activity through mid-2026.
A future upgrade to Chainlink SVR is planned featuring increased decentralization, enhanced gas efficiency, and cross-chain capabilities.
Sources:
PR Newswire: Aave Integrates Chainlink SVR on Ethereum Mainnet
Chainlink Docs: Smart Value Recapture (SVR) Feeds
Micron a Sandisk těží z boomu AI, ale paměťové čipy jsou historicky extrémně cyklické. Po vyřešení nedostatku nabídky mohou jejich akcie prudce klesnout.
Memory chipmakers Micron Technology (MU +0.90%) and Sandisk (SNDK 1.93%) have been big winners from the artificial intelligence infrastructure boom. In the last three months alone, Micron shares have added 203%, and Sandisk shares have added 217%.
Today, most Wall Street analysts think Micron remains undervalued, but the consensus says Sandisk is too expensive. The target prices below come from The Wall Street Journal.
Micron's median target price of $1,585 per share implies 46% upside from the current share price of $1,085. Sandisk's median target price of $1,750 per share implies 12% downside from its current share price of $1,980 per share. Unfortunately, history offers a much less optimistic perspective. Memory chipmakers have traditionally been prone to boom-and-bust cycles. Assuming the trend is still intact, we are moving toward the next collapse, and it could drag shares of Micron and Sandisk much lower. Here are the important details.
Image source: The Motley Fool.
Memory chipmakers are benefiting from an unprecedented supply shortage driven by demand for AI Central processing units (CPUs) and graphics processing units (GPUs) are essential parts of the artificial intelligence hardware stack. CPUs are the brains that run applications, and GPUs speed up complex tasks by offloading repetitive mathematical calculations. Both types of chips require memory.
Meera Pandit, global market strategist at JPMorgan Chase, explains:
"CPUs store information in NAND, or long-term memory, and use dynamic random access memory (DRAM), or working memory, to perform tasks. For example, HBM, or high bandwidth memory, is a special kind of DRAM used to feed GPUs data fast enough to keep them busy."
Today, memory chip manufacturers cannot keep pace with the unprecedented demand as hyperscalers rush to build AI infrastructure. The supply shortage is so severe that NAND and DRAM prices have increased 200% and 300%, respectively, in the past year. That has led to tremendous financial results for Micron and Sandisk.
Micron is the third-largest supplier of DRAM and NAND memory. In the May quarter, sales increased 345%and non-GAAP net income increased by more than 1,200%. Guidance for the current quarter implies sales will increase 340% and adjusted net income will increase by more than 900%. Sandisk is the fifth-largest supplier of NAND memory. In the March quarter, sales increased 251%, and non-GAAP net income was $23.41 per diluted share, up from a loss of $0.31 per diluted share in the prior year. Guidance for the current quarter implies sales will increase 320% and adjusted net income will increase by more than 10,700%. Those strong financial results explain why both stocks have performed so well lately. But the memory chip market has historically been defined by boom-and-bust cycles. Assuming that trend is still intact, shares of Micron and Sandisk could crash at some point in the future.
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History says Micron and Sandisk will drop sharply when the current memory chip supply shortage is resolved Many semiconductor companies exhibit some degree of cyclicality, meaning sales rise and fall as demand expands and contracts. But memory chips have historically been the most cyclical category in the broader semiconductor industry.
That's because most NAND and DRAM chips are interchangeable commodities, so suppliers compete mostly on price. Memory chips are also very expensive to produce, so suppliers modify output to match demand. Those forces create a back-and-forth where periods of limited supply (and price hikes) are followed by periods of excess supply (and price cuts).
The last boom-and-bust cycle played out during the COVID-19 pandemic. Demand for personal computers, tablets, and video game consoles spiked as remote work and social distancing became commonplace. Initially, limited memory chip supplies led to higher prices, but manufacturers eventually overcorrected, and prices fell as consumer behavior normalized in 2022 and 2023.
What happened to memory chip stocks? Sandisk was a subsidiary of Western Digital until early 2025, so no company-specific information is available. But shares of Western Digital and Micron dropped 60% and 50%, respectively, from their 2022 levels. Both memory chip companies reported negative earnings in 2023. And neither stock achieved a new high until 2024.
This time around, Wall Street expects memory chip sales to peak in 2028. After that, Micron's adjusted earnings are projected to decline 27% in fiscal 2029 (ends in August), and Sandisk's adjusted earnings are projected to decline 54% in fiscal 2029 (ends in June).
Today, Micron trades at 24 times earnings, while Sandisk trades at 67 times earnings. Both multiples seem reasonable when compared to the companies' reported earnings growth. But investors need to account for a potential decrease in earnings in the next few years. In that context, both stocks could drop sharply when the current memory chip cycle passes its peak.
Circle spálila na Ethereu USDC za 250 milionů USD a na Solaně vydala nové USDC za 910 milionů USD. Čistý přesun likvidity činí 660 milionů USD ve prospěch Solany.
Circle just pulled a quarter-billion dollars worth of USDC off Ethereum and stamped out $910 million in fresh tokens on Solana. Think of it as moving cash between registers at a store, except the registers are blockchains and the cash is the second-largest stablecoin in crypto.
The net effect: a $660 million liquidity swing toward Solana.
How the burn-and-mint machine works Circle manages USDC supply through what it calls the Cross-Chain Transfer Protocol, or CCTP. The mechanics are straightforward: burn tokens on one chain, mint an equivalent amount on another. Every USDC in circulation is supposed to be backed 1:1 by cash and cash equivalents, so these operations don’t change the total supply. They just change where the tokens live.
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The $250 million Ethereum burn and $910 million Solana issuance fit a pattern that’s been accelerating throughout 2026. Earlier in June, Circle minted $1 billion USDC on Solana in a single day. Days before that, there was a $500 million Solana mint. The cumulative gross issuance on Solana has been approaching $57 billion for the year.
USDC’s total circulation sits at approximately $73.6 billion as of late June 2026. The stablecoin is now native on over 30 networks.
Why the migration matters The institutional angle has gotten more concrete this month. Circle expanded its partnership with BNY Mellon in June 2026, enabling direct mint and burn capabilities through the bank’s custody services. That means institutional clients can now create and destroy USDC without going through Circle’s standard pipeline.
What this means for investors For Solana, more USDC on the network means deeper liquidity pools, tighter spreads on decentralized exchanges, and more attractive conditions for both traders and protocol developers.
The BNY Mellon partnership adds another layer to consider. Institutional access to direct minting and burning means that large players can respond to market conditions faster than ever.
Tether’s USDT still dominates overall stablecoin market share, but USDC’s multi-chain expansion and emphasis on full reserve transparency have carved out a distinct institutional niche. The $73.6 billion in circulation represents significant ground gained.
The risk worth flagging: concentrated minting on any single chain creates dependency. If Solana experienced a significant outage or security event, having tens of billions of USDC sitting on the network would create redemption pressure that could test Circle’s operational capacity.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Vanquis si vybral Freshservice od Freshworks pro modernizaci správy služeb a podporu své digitální transformace. Platforma má zjednodušit provoz, automatizovat pracovní postupy a zlepšit zkušenost zaměstnanců.
Leading UK specialist bank selects Freshservice to simplify operations, improve colleague experience and support its digital-first transformation June 30, 2026 03:00 ET | Source: Freshworks Inc
LONDON, June 30, 2026 (GLOBE NEWSWIRE) -- Freshworks (NASDAQ: FRSH) today announced that Vanquis, a leading UK specialist bank, has selected Freshservice as its AI-powered service operations platform to support the next phase of its digital transformation.
The selection is a key milestone in Vanquis’ broader Gateway programme, the bank’s flagship technology modernization initiative designed to create a simpler, more scalable and digital-first organization.
As Gateway nears completion, Vanquis is strengthening the operational foundations needed to scale efficiently, improve governance and deliver faster, more consistent service experiences across the organization. Freshservice will help Vanquis bring service management, asset visibility and workflow automation onto a single platform, reducing legacy complexity and enabling greater agility.
Freshservice was selected for its ease of use, rapid time to value and AI-powered capabilities. The platform is designed to give Vanquis greater flexibility to automate workflows, streamline service delivery and continuously adapt to evolving business needs without the constraints of legacy systems.
“As part of our Gateway transformation, we are simplifying the technology and processes that support colleagues across the bank,” said Jem Walters, CTO at Vanquis. “Freshservice gives us a more intuitive and flexible platform to manage service delivery, automate critical workflows and improve the colleague experience as we continue building a more agile, digital-first organization.”
Freshservice will enable Vanquis to manage service operations through a single platform, supporting faster incident resolution, more efficient request fulfillment and improved employee self-service. Built-in AI capabilities will help automate repetitive tasks, accelerate issue triage and provide insights to improve service performance.
“Financial institutions are under increasing pressure to modernize service delivery while maintaining resilience, governance, and operational efficiency,” said Musidora Jorgensen, UKI Country Lead for Freshworks. “Vanquis’ selection of Freshservice demonstrates how organizations can advance service transformation through a unified, AI-powered platform that enables faster service delivery, greater efficiency and measurable business outcomes.”
Vanquis joins a growing number of enterprises choosing Freshworks to modernize service management with solutions designed to deliver simplicity at scale, helping organizations reduce operational friction and unlock faster business outcomes.
To learn more about Freshservice, visit freshworks.com/freshservice.
About Freshservice
Freshservice by Freshworks is an AI-powered ServiceOps platform that unifies IT Service (ITSM), Asset (ITAM), Operations (ITOM) and Enterprise Service Management (ESM) on a single platform with a shared data layer. It gives IT, HR, finance, and facilities teams full visibility across services and infrastructure without the complexity of stitched-together tools. Freshservice comes with a natively embedded AI layer called Freddy AI that helps agents resolve issues faster, automates employee service requests, and gives leaders the insights they need to make better decisions. The result is resilient, proactive service delivery that scales across the entire organization.
About Freshworks Inc.
Freshworks Inc. provides service software that delivers exceptional employee and customer experiences. Its enterprise-grade solutions are powerful yet intuitive, and quick to deliver value. With a people-first approach to AI, Freshworks helps teams be more effective and organizations more productive. Companies including Bridgestone, New Balance, S&P Global, and Sony Music trust Freshworks to improve service efficiency and fuel long-term loyalty. For the latest updates, visit freshworks.com and follow Freshworks on LinkedIn, X, and Facebook.
Ralph Lauren v Číně zvýšil tržby o 50 % za poslední čtvrtletí. Roste díky přesunu zákazníků od špičkového luxusu ke značkám s lepším poměrem ceny a hodnoty.
Item 1 of 5 Vintage Polo Ralph Lauren T-shirts are displayed at Neng Vintage, a store specializing in Polo Ralph Lauren vintage clothing in Shanghai, China, June 23, 2026. REUTERS/Go Nakamura
[1/5]Vintage Polo Ralph Lauren T-shirts are displayed at Neng Vintage, a store specializing in Polo Ralph Lauren vintage clothing in Shanghai, China, June 23, 2026. REUTERS/Go Nakamura Purchase Licensing Rights, opens new tab
SummaryCompaniesRalph Lauren reported a 50% sales jump in China last quarterThe company operates around 250 stores in ChinaAnalysts say shoppers shifted from top-tier luxury to brands offering stronger valueExecutives say China momentum reflects a multi-year brand overhaul, not a short-term reboundSHANGHAI, June 30 (Reuters) - Collector Xiao Neng says he has spent at least $1 million on Ralph Lauren (RL.N), opens new tab clothing over the past four to five years, building a wardrobe so large that he now sells pieces of it in two vintage stores that he opened in downtown Shanghai.
The 23-year-old is part of a growing group of Chinese superfans helping fuel a resurgence for the American brand, which reported a 50% sales jump in the country last quarter, even as the broader luxury market remains subdued by weak consumer confidence, a prolonged property downturn and concerns about jobs and income growth. China's luxury sector is "slowly recovering" in 2026 after several years of contraction and flat sales, according to Bain.
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“Ralph Lauren, through clothing, provides people with a way to achieve this American Dream," Neng said. "What he makes is clothing with an American Dream feel to it.” He added that the American Dream is not unique to people from the U.S.; it is an aspirational lifestyle that can be shared by consumers in China.
The company’s recent strength in China, where it has around 250 stores, is the bounty of a multi-year overhaul rather than a short-term rebound, executives and analysts say. Chief Executive Patrice Louvet said in a post-earnings call last month the gains were “not a one-off” but stemmed from years of work to strengthen brand positioning and local relevance.
“We're in China not just to win this year, but we're in China trying to win for the next 10 and 20 years and really make sure we're building the right foundations for the long term,” he added. Ralph Lauren declined to comment further for this story.
'THEY OFFER GREAT VALUE'Ralph Lauren's brand elevation strategy has coincided with a shift in Chinese consumer behaviour away from ultra-high-end luxury toward labels viewed as offering stronger value.
Ralph Lauren’s pricing positions it below European luxury houses, many of which have pushed steep price increases in recent years. According to figures from Bernstein, luxury brands as a whole raised prices 36% between 2020 and 2023, led by top-tier players like Chanel and LVMH Group's (LVMH.PA), opens new tab Dior and Louis Vuitton.
Dresses at Ralph Lauren boutiques in China typically cost a few thousand yuan, with shirts often under 2,000 yuan ($294.24), compared with more than 20,000 yuan for dresses and over 6,000 yuan for shirts at brands like Dior.
“Another advantage is that they offer great value,” Neng said. “The brand's positioning and style are very high-end, meaning you're getting a high-class item for a smaller price.”
According to Jacques Roizen, co-founder of Shanghai-based Foresight Performance Partners, a large group of Chinese luxury shoppers has pulled back from top-tier brands as confidence weakened.
“She looks at Hermès and the like, and she says this is above my needs," he said. "The value proposition doesn't match my current confidence in the economy. And you've seen brands like Coach and Ralph Lauren do very, very well as a result."
Roizen said the brand’s recent performance reflects both this shift and years of strategic changes.
“You don't overperform the market by 50% because you got lucky," he said. "They've done a lot of things right."
Among those changes was a move away from heavy discounting.
“They’ve walked away from being, first and foremost, a brand that generated revenue on discounts during shopping festivals and all that stuff,” Roizen added.
The company has also invested heavily in upgrading stores and marketing, while adopting a city-by-city strategy that focuses resources on key urban markets like Shanghai, Beijing and Chengdu to deepen customer engagement rather than expanding uniformly nationwide, said Yann Bozec, a former APAC president at Coach-owner Tapestry (TPR.N), opens new tab and founder of consultancy YB Stratis.
"When it comes to media spend, stores, events, targeted digital marketing, they will do it in those cities," he said. "It is a sound strategy to be very focused on some cities where they can achieve the reach and the frequency that they need in order to create impressions."
($1 = 6.7971 yuan)
Reporting by Casey Hall in Shanghai, additional reporting by Chenxi Yang; Editing by Lisa Jucca and Thomas Derpinghaus
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Casey is the Shanghai bureau chief and a senior correspondent covering companies in China, reporting on the biggest issues facing local and global businesses operating in the world's second largest economy. The Australian-born journalist has been based in Shanghai since 2007.
Equinor v rámci druhé tranše zpětného odkupu koupil 476 100 vlastních akcií za průměrnou cenu 312,8869 NOK za kus. Po transakcích drží 67 619 649 vlastních akcií, tedy 2,64 % kapitálu.
Please see below information about transactions made under the second tranche of the 2026 share buy-back programme for Equinor ASA (OSE:EQNR, NYSE:EQNR, CEUX:EQNRO, TQEX:EQNRO).
Date on which the buy-back tranche was announced: 6 May 2026.
The duration of the buy-back tranche: 19 May to no later than 20 July 2026.
Further information on the tranche can be found in the stock market announcement on its commencement dated 6 May 2026, available here: https://newsweb.oslobors.no/message/672447
From 22 June to 26 June 2026, Equinor ASA has purchased a total of 476,100 own shares at an average price of NOK 312.8869 per share.
Overview of transactions:
DateTrading venueAggregated daily volume (number of shares)Daily weighted average share price (NOK)Total daily transaction value (NOK) 22 JuneOSE92,000318.161129,270,821.20 CEUX TQEX 23 JuneOSE92,000317.868629,243,911.20 CEUX TQEX 24 JuneOSE92,100315.206829,030,546.28 CEUX TQEX 25 JuneOSE100,000307.001730,700,170.00 CEUX TQEX 26 JuneOSE100,000307.20030,720,000.00 CEUX TQEX Total for the periodOSE476,100312.8869148,965,448.68 CEUX TQEX Previously disclosed buy-backs under the trancheOSE1,838,368346.9043637,737,682.27CEUX TQEX Total1,838,368346.9043637,737,682.27 Total buy-backs under the tranche (accumulated)OSE2,314,468339.9067786,703,130.95CEUX TQEX Total2,314,468339.9067786,703,130.95 Following completion of the above transactions, Equinor ASA owns a total of 67,619,649 own shares, corresponding to 2.64% of Equinor ASA’s share capital, including shares under Equinor’s share savings programme (excluding shares under Equinor’s share savings programme, Equinor owns a total of 57,113,764 own shares, corresponding to 2.23% of the share capital).
This is information that Equinor ASA is obliged to make public pursuant to the EU Market Abuse Regulation and that is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
Appendix: A overview of all transactions made under the buy-back tranche that have been carried out during the above-mentioned time period is attached to this report and available at www.newsweb.no.
Visa spustila nové nástroje Visa Pay, Visa Accept a Visa Direct pro malé firmy na rozvíjejících se trzích, které jim přes smartphone umožní přijímat platby i posílat výplaty bez dalšího hardwaru.
Visa introduced new ways to help small businesses manage payments via smartphone.
The capabilities are for the company’s Visa Pay, Visa Accept and Visa Direct offerings and are designed for small businesses in emerging markets, according to a Tuesday (June 30) press release provided to PYMNTS.
“Financial institutions, wallet providers and platform partners play a critical role in helping small businesses participate in the digital economy,” Rubail Birwadker, senior vice president and head of growth products and partnerships at Visa, said in the release. “With Visa Pay, Visa Accept and Visa Direct, we’re helping partners expand acceptance, speed up payouts and deliver trusted payment experiences for their business customers all through their smartphone.”
Visa research showed that 99% of small- to medium-sized businesses (SMBs) use at least one digital finance tool, and 85% said it has helped their business. With around half of the world’s 1.3 billion unbanked adults using smartphones, “the opportunity to expand digital access is significant,” the release said.
With Visa Accept, small businesses can turn “a smartphone into a card terminal, allowing microsellers to accept card payments through a Visa debit or prepaid account, no extra hardware needed,” according to the release.
Visa Pay links wallet providers and payment apps to the Visa network, letting users pay with credentials and solutions they already use, the release said.
“Visa is also using smartphones to make it easier for small businesses to pay others through Visa Direct, its real-time money movement platform for payouts,” per the release. “With Visa Direct embedded in banking, FinTech and business platforms, an SMB owner can use their phone to send fast payouts to staff, contractors or drivers, issue customer refunds or incentives, and move funds across borders to eligible cards, bank accounts or digital wallets, often in minutes, using the same simple experience they rely on to get paid.”
The launch of the new offerings comes as retail moves from “a brick-and-mortar storefront to an anywhere, anytime experience,” PYMNTS reported last month, citing research showing that 48% of consumers worldwide make purchases via smartphone.
But while big-box giants race to lock customers into walled app ecosystems at huge expense, SMBs can win the mobile game without huge IT budgets.
“Not only are mobile websites cheaper than apps, they also allow SMBs greater opportunities to gain new customers and avoid excluding large customer segments that are unable or unwilling to download apps,” the report said.
Rokmaster na cíli Wilson Target v rámci projektu Hanson Property potvrdil porfyrovou molybdenitovou mineralizaci. V jádře H26-02 narazil na 0,518 % Mo na 1,20 m a 0,051 % Mo na 18,2 m.
Vancouver, British Columbia--(Newsfile Corp. - June 30, 2026) - Rokmaster Resources Corp. (TSXV: RKR) (OTCQB: RKMSF) (FSE: 1RR1) ("Rokmaster" or "the Company") is pleased to announce results from diamond drilling on the Hanson Property completed in April 2026.
The Hanson Property is a part of the Company's Nechako Project, which totals 28,238 hectares (282 km2) across four properties located in west-central British Columbia. The Nechako Project features multiple exploration targets for significant porphyry Cu-(Mo±Au) mineralization and high-grade Au-Ag vein systems in the southern portion of the productive Stikine terrane (Figure 1).
A small inaugural drill program, totalling 393.0 m in two drillholes, tested the Wilson Target within the Hanson Property. This program represents essentially the first drill test of a strong and broad soil molybdenum anomaly and coincident IP anomaly initially detected by Endako Mines in 1973. Endako Mines did complete two shallow drillholes in 1978 after a five-year hiatus in exploration. Drillholes H9 and H10 were completed to depths of only 62.5 m and 37.8 m, respectively, and were directed away from the central high resistivity anomaly. (Figure 2).
Field work completed in 2025 found that the Stern Creek granodiorite underlying the Wilson Zone hosts potassic secondary biotite alteration related to narrow mm-scale vein-hosted molybdenite mineralization on surface. An outcrop was found near the center of the Wilson Zone geochemical and geophysical anomaly, with brecciated clasts of Stern Creek granodiorite and porphyritic quartz monzonite, the primary target for this drill program.
Drillhole H26-02 intersected intrusive breccia with meter-scale intervals of foliated granodiorite and non-foliated porphyritic quartz monzonite from top of the hole until a larger stock of quartz monzonite was encountered between 30.6 and 44.0 m. Below the lower contact of that unit, the remainder of the drillhole consisted of foliated granodiorite with varying degrees of chlorite alteration, persistent potassic alteration, and molybdenite mineralization hosted in quartz B-veins down to the end of the drillhole.
Notable molybdenite mineralization in dense cm-scale quartz veins was intersected in drillhole H26-02 with an assay of 0.518% Mo (0.864% MoS2(1)) over 1.20 m (59.0-60.2 m). The surrounding interval near the lower contact of the quartz monzonite also hosted cm-scale quartz-molybdenite veins and elevated assays with a weighted average of 0.051% Mo (0.085% MoS2) over 18.2 m (42.0-60.2 m).
For comparison, the average grade in the 2025 mineral resource estimate(2) on the currently inactive Endako Mine (Canada's largest Mo Mine), located 23 km south of the Hanson Property, is 0.072% MoS2 for 335.6 Mt in the measured and indicated category. This estimate used a cut-off grade of 0.040% MoS2 and a price of USD$22.50/lb Mo. Rokmaster also intersected a larger interval of 0.023% Mo (0.038% MoS2) over 71.0 m (42.0-113.0 m) cored in drillhole H26-02. This interval is close to the projected restart cut-off grade used in the Endako Mine PEA.
Drillhole H26-01 was collared approximately 900 m west of drillhole H26-02 and intersected Hanson Phase porphyritic tonalite hosting ~5% disseminated pyrite mineralization. This drillhole tested a circular magnetic low feature, elevated gold in surface samples, and the less exposed western portion of high chargeability anomaly. Drillhole H26-01 returned elevated copper results of 500-1,600 ppm Cu over meter-scale intervals throughout the hole, further confirming the pyrite halo around the core of the Wilson Zone.
There is potential for porphyry-style mineralization on the Hanson Property, at the Wilson Zone and at the Cyr Zone 2.5 km to the north. The Cyr Zone has similar geology with strongly sericite-altered and pyritic Stern Creek granodiorite hosting elevated gold, silver, copper, and zinc as indicated in historical sampling and drilling, which may indicate a less eroded porphyry system. The Buckley Zone, approximately 4.0 km west of the Wilson Zone, is defined by a large, strong molybdenum anomaly in soil samples taken over the Hanson Phase tonalite.
A new 1,534 hectare mineral claim called the Chaplin Property was recently approved 8 km south of the Hanson Property. The Chaplin Property is bisected by the mainline Trout Road and characterized by moderate overburden cover over mapped Stern Creek granodiorite. A 1969 induced polarization survey identified a strong IP anomaly(3) that is coincident with a magnetic low that remains undrilled (Figure 3).
John Mirko, President and CEO, comments:
"This first-pass, low-cost drill program at the Wilson Zone has added good value to the Hanson Property by intersecting notable porphyry-style molybdenite mineralization. The high-grade interval of 0.518% Mo over 1.20 m in drillhole H26-02 demonstrates that the system's ability to locally concentrate mineralization in higher-grade vein corridors within a broader envelope of lower-grade mineralization is similar to what has been described at the Endako Mine. The location of the 18.2 m interval returning 0.051% Mo, which exceeds the average grade at the Endako Mine, also supports further exploration potential in the geological context of the Wilson Zone. With extensive road access and nearby infrastructure we can continue advancing the Wilson Zone and the other underexplored Hanson Property targets efficiently. We thank all our contractors, including Hy-Tech Drilling, for safely and efficiently completing this small drill program. Intersecting this porphyry-style mineralization in the Wilson Zone is an excellent start and we look forward to additional drilling on prospective porphyry targets on the Nechako Project later this year."
Footnote 1: Conversion of (% Mo) to (% MoS2) uses a factor of 1.668
Footnote 2: National Instrument NI 43-101 Technical Report for the Endako Mine Restart. Preliminary Economic Assessment (PEA). November 21, 2025. Completed by A-Z Mining Professionals Limited for Moon River Moly Ltd. Sourced from SEDAR filings.
Footnote 3: Chaplin. R. E. 1969. Geophysical Assessment Report on the TAT mineral claims. ARIS Report #2283
The technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101 and reviewed and approved by Eric Titley, P.Geo., who is independent of Rokmaster and who acts as Rokmaster's Qualified Person.
For more information please contact
On Behalf of the Board of Directors of
Rokmaster Resources Corp.
John Mirko,
President & Chief Executive Officer.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term in defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This news release may contain forward-looking information within the meaning of applicable securities laws ("forward-looking statements"). Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," 'projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. These forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation: receipt of regulatory approval with respect to the Hanson Property transaction; risks related to fluctuations in metal prices; uncertainties related to raising sufficient financing to fund the planned work in a timely manner and on acceptable terms; changes in planned work resulting from weather, logistical, technical or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the Company's properties; risk of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in the work program; the risk of environmental contamination or damage resulting from Rokmaster's operations and other risks and uncertainties. Any forward-looking statement speaks only as of the date it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303435
Source: Rokmaster Resources Corp.
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ICE oznámila plánovaný start prvních futures na ekonomické indikátory navázaných na rozhodnutí centrálních bank a americké zásoby zemního plynu. Spuštění je plánováno na 10. srpna 2026.
New contracts span global monetary policy decisions and U.S. natural gas storage reports
LONDON & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today announced the planned launch of its first economic indicator futures contracts tied to global monetary policy decisions and US natural gas storage reports.
The cash-settled futures contracts are designed to give market participants exchange-traded and centrally-cleared instruments to express views on specific economic events and decisions.
“ICE’s expansion into economic indicator contracts reflects demand for regulated onshore products that allow customers to take positions on economically relevant risks that shape markets,” said Trabue Bland, Senior Vice President of Futures Markets at ICE. “These innovative new products leverage the global trading and clearing platform that we have built at ICE, offering a new approach to hedging significant moments impacting global markets.”
ICE's new futures will be based on central bank rate decisions from the U.S. Federal Reserve System, European Central Bank and Bank of England, providing exposure to scheduled policy meetings across the three most systemically important central banks in the world, as well as on U.S. natural gas storage inventory levels, which are published weekly by the U.S. Energy Information Administration.
The new contracts are scheduled to launch on August 10, 2026, subject to completion of relevant regulatory processes. The product codes will be: OID; OIS; OIR; EUD; EUS; EUR; MPL; MPS; MPR; EWP.
The new contracts follow the recent launch of ICE’s Polymarket Signals and Sentiment service, an exclusive prediction data and analytics offering from ICE. This service offers normalized data feeds representing Polymarket’s prediction markets, enabling professional and institutional traders to consume crowd-sourced probability assessments as market signals. These signals indicate implied probabilities on real-world outcomes and are designed to complement traditional market, pricing, and sentiment inputs within institutional workflows.
About Intercontinental Exchange
Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds, and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges -- including the New York Stock Exchange -- and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology, we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines, and automates industries to connect our customers to opportunity.
Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).”
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 5, 2026.
MongoDB uvedla nové AI nástroje pro přesnější vyhledávání dat a zpřístupnila Search a Vector Search pro MongoDB Enterprise Advanced, Community Edition, private cloud i lokální nasazení. Native Reranking má zvýšit kvalitu vyhledávání až o 30 %.
New Voyage AI capabilities and Search for on-premises and private cloud let enterprises build accurate, compliant AI applications to run anywhere without rewriting their applications and relying on bolt-on tools
, /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) today announced new capabilities at MongoDB.local Bengaluru that address the two reasons enterprise AI projects routinely stall before production: retrieval that isn't accurate enough to trust and infrastructure that can't meet compliance requirements. voyage-context-4, Hybrid Search, and Native Reranking work together to improve retrieval accuracy, with Native Reranking alone improving retrieval quality by up to 30%*. The capabilities are powered by Voyage AI models that outperform Google and Cohere on the public Retrieval Embedding Benchmark leaderboard. Search and Vector Search are now generally available for MongoDB Enterprise Advanced and Community Edition, bringing the same retrieval capabilities Atlas customers rely on to on-premises, private cloud, and local environments where regulated enterprises and startups operate. Together, these capabilities give enterprises and builders a production-ready retrieval stack that is accurate, compliant, and deployable wherever their data lives.
"The biggest barrier to enterprise AI in production and at scale isn't the LLM. It's memory, retrieval, accuracy, and compliance. Most enterprises aren't blocked by ambition. They're held back by infrastructure that wasn't designed to provide AI with trusted access to enterprise data. Bolting on more systems to solve those problems only creates more vendors, more latency, and more points of failure," said Ben Cefalo, Chief Product Officer, Core Products, MongoDB. "Whether you're running in the cloud, private cloud, or behind a firewall, MongoDB gives you the same production-grade retrieval capabilities wherever your data lives."
Voyage AI: Accuracy begins with top-ranked embedding models
Accuracy is the first bar AI has to clear for production. The second is ensuring AI works from current data, not outdated data sitting in a separate search system. Today, MongoDB launched three new capabilities, built into the database, that deliver more accurate retrieval and keep applications working from current data.
Native Reranking in MongoDB Atlas, now in public preview, is powered by Voyage AI and delivers up to a 30% boost in retrieval quality directly inside the database, eliminating a leading cause of AI project failure. It works on top of existing search results, with no external APIs, keys, or round-trips to manage. Voyage Context 4, now generally available, is a new embedding model built for long documents. It processes long documents in full context rather than isolated chunks, preserving meaning across complex enterprise content for better retrieval accuracy. It drops into existing RAG pipelines without re-architecting. Hybrid Search in MongoDB, now generally available, combines full-text and vector search in a single query inside the operational database, delivering precision retrieval without separate systems or complex query logic. Because embeddings stay up to date automatically, agents retrieve from the current state of the data rather than a stale copy. Emergent Labs is an AI-native app development platform and one of the fastest growing startups in the world. The company first tested its platform on PostgreSQL, where agents repeatedly got stuck in schema migration loops every time users refined their ideas. On MongoDB Atlas, agents create and modify data structures freely as applications evolve, and because search and embeddings live in the same database as that constantly changing data, retrieval keeps up with it.
"Our agents write code, modify data structures, and act on what they read back millions of times a day. If retrieval returns something stale or wrong, the agent builds on it, and the error compounds. MongoDB gives us the retrieval accuracy to keep agents working from the current state of the data, and that's what lets us run two million applications at scale," said Mukund Jha, CEO of Emergent Labs.
Run AI anywhere without compromising on accuracy or increasing risk
Retrieval accuracy is only half the problem enterprises face. The other half is whether they're allowed to run it where their data must reside, and for enterprises in regulated industries, the answer is rarely the public cloud. Data residency mandates, sovereignty rules, and compliance frameworks don't bend for innovation timelines, yet the most capable AI tooling has been built cloud-first, leaving regulated enterprises to choose between compliance and capability.
Today, MongoDB Search and Vector Search are now generally available as an add-on for MongoDB Enterprise Advanced, bringing the same retrieval capabilities MongoDB Atlas customers have been building in on-premises, private cloud, and hybrid environments, with the same platform, API, and technical skills regardless of where the workload runs. Ahead of this release, more than 20 of the world's largest banks and financial institutions have been evaluating Search for Enterprise Advanced, drawn by the same thing: AI-ready retrieval that runs inside the infrastructure they control.
Search and Vector Search are now generally available for MongoDB Community Edition, enabling builders to implement AI retrieval locally at no cost. A startup can prototype on a laptop with full-text search, vector search, and hybrid search in one single system, then move to Atlas or Enterprise Advanced when it's ready to scale, without re-architecting or switching databases.
Investing in India for the long term
As part of MongoDB.local Bengaluru, the company also announced plans to upskill two million Indian builders by 2030. MongoDB is expanding its MongoDB for Academia program through partnerships with the All India Council for Technical Education, HCL GUVI, and the ICT Academy of Kerala. Since 2023, the program has reached more than 650,000 students.
MongoDB also launched Bengaluru to the Bay, a startup challenge that gives early-stage AI founders a path from India's builder ecosystem to San Francisco's AI community during SF Tech Week experience. $50,000 in MongoDB Atlas credits, travel, and go-to-market opportunities included.
What's new at MongoDB.local Bengaluru 2026
voyage-context-4 (Generally available): Next-generation contextualized embeddings with document-level context and auto-chunking; a drop-in upgrade for existing retrieval-augmented generation (RAG) pipelines. Native Reranking in MongoDB Atlas (Public Preview): Reranking runs inside the aggregation pipeline - no external APIs, no round-trips - and delivers up to a 30% boost in retrieval quality directly inside the database. Hybrid Search (Generally available): More accurate retrieval by combining full-text precision and vector-based semantic understanding in a single query on live operational data. Search and Vector Search for MongoDB Enterprise Advanced (Generally available): Production AI behind your firewall, under your compliance framework, with full parity to MongoDB Atlas capabilities. Search and Vector Search in MongoDB Community Edition (Generally available): Full-text, vector, and hybrid retrieval in self-managed environments, at zero cost to start. MongoDB Atlas Stream Processing: Apache Iceberg Support (Generally available): MongoDB Atlas now supports Apache Iceberg via the new $iceberg aggregation stage in Atlas Stream Processing, enabling any Atlas collection to be continuously synchronized to Iceberg tables on AWS object storage. Gen2 MongoDB Atlas M30+ Dedicated Clusters on AWS (Generally available): Next-generation infrastructure for high-scale production workloads. Asymmetric Search Node deployment for multi-region Atlas clusters: (Generally available): Set Search Node capacity to match each region's actual search traffic and lower total Search Node cost on multi-region clusters by 25–40%+ MongoDB for Academia Expansion: Targeting 2 million builders trained by 2030 through HCL GUVI, ICT Academy of Kerala, and AICTE partnerships. Bengaluru Meets the Bay—startup contest: $50K in MongoDB credits plus travel and VIP access to MongoDB.local San Francisco for winning founders. *Based on Voyage instruction-following rerankers on the MAIR benchmark; improvement measured over first-stage retrieval.
About MongoDB
Headquartered in New York, MongoDB's mission is to empower innovators to create, transform, and disrupt industries with software. MongoDB's unified database platform was built to power the next generation of applications, and MongoDB is the most widely available, globally distributed database on the market. With integrated capabilities for operational data, search, real-time analytics, and AI-powered data retrieval, MongoDB helps organizations everywhere move faster, innovate more efficiently, and simplify complex architectures. Millions of developers and more than 65,200+ customers across industries—including ~75% of the Fortune 100—rely on MongoDB for their most important applications. To learn more, visit mongodb.com.
Forward-Looking Statements
This press release includes certain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, including new capabilities announced at MongoDB .local Bengaluru 2026. These forward-looking statements include, but are not limited to, plans, objectives, expectations and intentions and other statements contained in this press release that are not historical facts and statements identified by words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "project," "will," "would" or the negative or plural of these words or similar expressions or variations. These forward-looking statements reflect our current views about our plans, intentions, expectations, strategies and prospects, which are based on the information currently available to us and on assumptions we have made. Although we believe that our plans, intentions, expectations, strategies and prospects as reflected in or suggested by those forward-looking statements are reasonable, we can give no assurance that the plans, intentions, expectations or strategies will be attained or achieved. Furthermore, actual results may differ materially from those described in the forward-looking statements and are subject to a variety of assumptions, uncertainties, risks and factors that are beyond our control including, without limitation: our customers renewing their subscriptions with us and expanding their usage of software and related services; global political changes; the effects of the ongoing military conflicts between Russia and Ukraine and Israel and Hamas and recent events in Venezuela on our business and future operating results; economic downturns and/or the effects of rising interest rates, inflation and volatility in the global economy and financial markets on our business and future operating results; our potential failure to meet publicly announced guidance or other expectations about our business and future operating results; reputational harm or other adverse consequences resulting from use of AI and ML in our product offerings and internal operations if they don't produce the desired benefits; our limited operating history; our history of losses; our potential failure to repurchase shares of our common stock at favorable prices, if at all; failure of our platform to satisfy customer demands; the effects of increased competition; our investments in new products and our ability to introduce new features, services or enhancements, including AI and ML; social, ethical and security issues relating to the use of new and evolving technologies, such as artificial intelligence, in our offerings or partnerships; our ability to effectively expand our sales and marketing organization; our ability to continue to build and maintain credibility with the developer community; our ability to add new customers or increase sales to our existing customers; our ability to maintain, protect, enforce and enhance our intellectual property; our ability to continue to increase revenue from our Atlas platform; the effects of social, ethical and regulatory issues relating to the use of new and evolving technologies, such as AI and ML, in our offerings or partnerships; the growth and expansion of the market for database products and our ability to penetrate that market; our ability to maintain the security of our software and adequately address privacy concerns; our ability to manage our growth effectively and successfully recruit and retain additional highly-qualified personnel; our ability to integrate acquisitions and work with our strategic partners effectively; and the price volatility of our common stock. These and other risks and uncertainties are more fully described in our filings with the Securities and Exchange Commission ("SEC"), including under the caption "Risk Factors" in our Annual Report on Form 10-Q for the quarter ended April 30, 2026, filed with the SEC on May 29, 2026. Additional information will be made available in other filings and reports that we may file from time to time with the SEC. Except as required by law, we undertake no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events, changes in expectations or otherwise.
June 30, 2026 00:26 ET | Source: Digital Realty Trust, L.P.
AUSTIN, Texas, June 30, 2026 (GLOBE NEWSWIRE) -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, announced today the pricing of an underwritten registered public offering of 12,310,249 shares of its common stock by affiliates of Blackstone Inc. (collectively, “Blackstone”) at a public offering price of $185.00 per share. The shares of common stock being sold in this offering will be issued to Blackstone upon the closing of the acquisition by the company of Blackstone's interests in the Digital Carver Dulles 9 and Digital Carver Brickyard joint ventures (the "Blackstone Acquisition"), which is expected to occur on June 30, 2026. Each share of non-voting common stock will automatically convert into one share of the company’s common stock upon its transfer by Blackstone in connection with this offering.
The Company is not offering any shares of common stock in the offering and will not receive any of the proceeds from the sale of shares of its common stock by Blackstone.
The offering is expected to close on July 1, 2026, subject to customary closing conditions, and is conditioned upon the closing of the Blackstone Acquisition.
Morgan Stanley acted as the sole underwriter for the public offering.
The offering is being made pursuant to an effective shelf registration statement (containing a prospectus) filed with the Securities and Exchange Commission (the “SEC”). A final prospectus supplement relating to the offering will be filed with the SEC and will be available on the SEC’s website at http://www.sec.gov. A copy of the prospectus supplement and accompanying prospectus relating to the offering may be obtained by contacting Morgan Stanley & Co. LLC, Attn: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or other jurisdiction.
About Digital Realty
Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL®, the company’s global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx®) solution methodology for powering innovation, from cloud and digital transformation to emerging technologies like artificial intelligence (AI), and efficiently managing Data Gravity challenges. Digital Realty gives customers access to the connected data communities that matter to them through a global footprint of 300+ facilities in 55+ metros across 30+ countries on six continents.
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Safe Harbor Statement
This press release contains forward-looking statements that are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to the occurrence and timing of the closing of the Blackstone Acquisition and the timing and closing of the offering. For a list and description of such risks and uncertainties, see the reports and other filings by Digital Realty Trust, Inc. and Digital Realty Trust, L.P. with the SEC, including Digital Realty Trust, Inc. and Digital Realty Trust, L.P.’s combined Annual Report on Form 10-K for the year ended December 31, 2025 and other documents subsequently filed by the company with the SEC. The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Globální nedostatek RAM tažený poptávkou po AI datacentrech zdražuje zařízení a úleva nemusí přijít dříve než v roce 2028. SK Hynix, Micron a Samsung mají malou motivaci trh uvolnit.
A recent This Week in Tech (TWiT) episode titled “Flock of SQLs,” explored an unintended consequence of the AI boom that feels meaningful for semiconductor and consumer hardware stocks. A global RAM shortage driven by AI data center demand is forcing device makers to raise prices. The three dominant memory suppliers, SK Hynix, Micron, and Samsung, have little incentive to relieve the squeeze, and meaningful relief may not arrive until 2028. The panel pinned the trouble on hyperscalers’ demand for DRAM and high-bandwidth memory for AI training and inference, and their ability to outspend PC and console OEMs.
Why Consumer Electronics Are Getting More Expensive Apple (NASDAQ:AAPL | AAPL Price Prediction) recently raised its prices by as much as $200 across its lineup. Daniel Rubino characterized this as Apple’s second price hike, with the first coming in March. Jennifer Pattison Tuohy flagged price increases on older devices like the Apple TV and HomePods. The panel said the Apple iPhone, Apple Watch, and AirPods appear exempt for now, likely because Apple secured supply in advance, though panelists still expect expensive new iPhones in September.
On the Microsoft (NASDAQ:MSFT) side, the panel cited the Xbox climbing from $499 toward $799, a hardware reset for Microsoft attributed to memory cost pressure. Valve, makers of the Steam Machine, reportedly told the panel that RAM suppliers gave them a quoted price “or they wouldn’t talk to us again.” Leo Laporte separately suggested, as his own speculation, that Apple may be lobbying the federal government to lift restrictions on a Chinese chipmaker as part of an effort to find more supply.
Why the Memory Shortage Could Last for Years Dan Patterson described a textbook supply squeeze on the episode. The three dominant memory suppliers, SK Hynix, Micron, and Samsung, are locking buyers into multi-year deals, with Micron pushing 16 companies into five-year contracts. New fabs cost upward of $10 billion and take five-plus years to build, so the incumbents have no commercial reason to flood the market.
The financials at Micron Technology (NASDAQ:MU) line up with that thesis. In fiscal Q3 2026, the company reported revenue of $41.46 billion, a year-over-year jump of 345.7%, with non-GAAP EPS of $25.11 and GAAP gross margin of 84.6%. The Cloud Memory segment alone delivered $13.77 billion. Guidance for Q4 calls for revenue of $50.0 billion ± $1.0 billion and EPS of $31.00 ± $1.00. CEO Sanjay Mehrotra told investors that “Micron’s record fiscal Q3 financial results and even stronger outlook for Q4 reflect the strategic value of memory in the AI era.”
On the earnings call, Mehrotra warned that “we continue to expect supply and demand for both DRAM and NAND to remain tight beyond calendar 2026,” and noted Micron can fulfill only “50% to two-thirds” of some key customers’ demand. New U.S. and Singapore capacity is not slated to ship meaningful volume until mid-calendar 2027 and 2028.
What It Means for Investors The key question is how long the memory shortage lasts. The TWiT panel believes relief is unlikely before 2028, while Micron management has already warned that DRAM and NAND markets should remain tight beyond 2026. If AI infrastructure spending continues at its current pace, memory makers could maintain strong pricing power for years to come. If hyperscalers find ways to reduce memory demand or new manufacturing capacity ramps faster than expected, those tailwinds could begin to fade.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Microsoft didn't make the cut. Grab the names FREE today.
, /PRNewswire/ -- Innovent Biologics, Inc. ("Innovent") (HKEX: 01801), a world-class biopharmaceutical company that develops, manufactures, and commercializes high-quality medicines for the treatment of oncology, autoimmune, cardiovascular and metabolic, ophthalmology and other major disease areas, and Eli Lilly and Company (NYSE: LLY) today jointly announced that they have entered into a distribution and promotion agreement regarding Lilly's CDK4 & 6 inhibitor Verzenios® (abemaciclib) in mainland China:
Innovent will be responsible for the importation, marketing, distribution and promotion of Verzenios® (abemaciclib) in mainland China; Lilly will continue to be responsible for manufacturing, supply, and development for the product. Verzenios® (abemaciclib), developed by Lilly, is a CDK4 & 6 inhibitor that has been approved in China for multiple indications, including:
(1) Early Breast Cancer: in combination with endocrine therapy (tamoxifen or an aromatase inhibitor) for the adjuvant treatment of adult patients with hormone receptor (HR)-positive, human epidermal growth factor receptor 2 (HER2)-negative, node-positive early breast cancer at high risk of recurrence.
(2) Locally Advanced or Metastatic Breast Cancer:
a) For the treatment of hormone receptor (HR)-positive, human epidermal growth factor receptor 2 (HER2)-negative locally advanced or metastatic breast cancer:
In combination with an aromatase inhibitor as initial endocrine-based therapy in postmenopausal women. In combination with fulvestrant for patients who have experienced disease progression following prior endocrine therapy. b) In combination with imlunestrant: for the treatment of adult patients with estrogen receptor (ER)-positive, HER2-negative, ESR1-mutated locally advanced or metastatic breast cancer who have previously received endocrine therapy.
The product was included in the National Reimbursement Drug List (NRDL) Class B in 2021, becoming the first CDK4 & 6 inhibitor covered by national reimbursement in China. In 2025, it successfully renewed its NRDL listing, achieving full coverage across both early and advanced breast cancer indications.
Under the agreement, Innovent will hold sole commercialization rights for Verzenios® (abemaciclib) in mainland China, while Lilly, as the Marketing Authorization Holder (MAH), will continue to be responsible for manufacturing, supply, and ongoing product development. This collaboration combines Innovent's experienced oncology commercialization team and extensive market reach in China with Lilly's expertise in innovative medicine development and lifecycle management, further enhancing access to this important therapy and benefiting more breast cancer patients across the country.
Dr. Michael Yu, Founder, Chairman of the Board and CEO of Innovent, stated: "We are delighted to further deepen our strategic partnership with Lilly through this eighth collaboration, bringing the number of our partnered, on-market products in China to seven. This also marks the 19th product in Innovent's portfolio. Enhancing patient access to high-quality, innovative medicines has always been at the core of Innovent's mission. Leveraging our established commercial infrastructure and strong market presence in China, we remain focused on addressing critical unmet needs in major oncology indications. Breast cancer, one of the most prevalent and life–threatening malignancies among women, is a strategic priority within Innovent's oncology portfolio. Through this commercial collaboration with Lilly on Verzenios® (abemaciclib) – backed by its robust clinical efficacy, comprehensive labeled indications and national reimbursement coverage – we are expanding our presence in this area, laying a solid foundation for our pipeline development and market expansion deliver lasting benefits to patients in breast cancer."
Huzur Devletsah, Lilly Group Vice President and China General Manager, said: "For 150 years, Lilly has remained committed to putting health above all, advancing human health through scientific innovation and expanding access through collaboration. This agreement for Verzenios® (abemaciclib) is an important step in strengthening patient access in China, combining Lilly's global R&D expertise with Innovent's commercialization capabilities in China. Looking ahead, Lilly will continue to advance its oncology efforts in China. Since the beginning of this year, we have secured approvals for one new medicine (with two indications) and two new additional indications for on market products in China, including Inluriyo®, which has become the first and currently only approved precision therapy in China only targeting ESR1-mutated advanced breast cancer, accelerating the introduction of globally innovative therapies and addressing unmet medical needs."
About Innovent
Innovent is a leading biopharmaceutical company founded in 2011 with the mission to empower patients worldwide with affordable, high-quality biopharmaceuticals. The company discovers, develops, manufactures and commercializes innovative medicines that target some of the most intractable diseases. Its pioneering therapies treat cancer, cardiovascular and metabolic, autoimmune and eye diseases. Innovent has launched 19 products in the market. It has 1 asset in NMPA NDA review, 5 assets in Phase 3 or pivotal clinical trials and 14 more molecules in early clinical stage. Innovent partners with over 30 global healthcare companies, including Lilly, Takeda, Pfizer, Roche, Sanofi, Incyte, LG Chem and MD Anderson Cancer Center.
Guided by the motto, "Start with Integrity, Succeed through Action" Innovent maintains the highest standard of industry practices and works collaboratively to advance the biopharmaceutical industry so that first-rate pharmaceutical drugs can become widely accessible. For more information, visit www.innoventbio.com, or follow Innovent on Facebook and LinkedIn.
Statement:
1) Innovent does not recommend the use of any unapproved drug (s)/indication (s).
2) Ramucirumab (Cyramza) and Selpercatinib (Retsevmo), Pirtobrutinib (Jaypirca) and abemaciclib (Verzenios) were developed by Eli Lilly and Company.
Disclaimer: Innovent does not recommend any off-label usage.
About Lilly
Lilly is a medicine company turning science into healing to make life better for people around the world. We've been pioneering life-changing discoveries for 150 years, and today our medicines help tens of millions of people across the globe. Harnessing the power of biotechnology, chemistry and genetic medicine, our scientists are urgently advancing new discoveries to solve some of the world's most significant health challenges: redefining diabetes care; treating obesity and curtailing its most devastating long-term effects; advancing the fight against Alzheimer's disease; providing solutions to some of the most debilitating immune system disorders; and transforming the most difficult-to-treat cancers into manageable diseases. With each step toward a healthier world, we're motivated by one thing: making life better for millions more people. That includes delivering innovative clinical trials that reflect the diversity of our world and working to ensure our medicines are accessible and affordable.
Forward-Looking Statements of Innovent Biologics
This news release may contain certain forward-looking statements that are, by their nature, subject to significant risks and uncertainties. The words "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to Innovent, are intended to identify certain of such forward-looking statements. Innovent does not intend to update these forward-looking statements regularly.
These forward-looking statements are based on the existing beliefs, assumptions, expectations, estimates, projections and understandings of the management of Innovent with respect to future events at the time these statements are made. These statements are not a guarantee of future developments and are subject to risks, uncertainties and other factors, some of which are beyond Innovent's control and are difficult to predict. Consequently, actual results may differ materially from information contained in the forward-looking statements as a result of future changes or developments in our business, Innovent's competitive environment and political, economic, legal and social conditions.
Honeywell dokončil oddělení letecké divize do samostatné společnosti Honeywell Aerospace, zatímco nově přejmenovaný Honeywell Technologies v pondělí klesl o více než 6 %.
Investors didn’t extend a friendly greeting to two prominent new arrivals on the stock exchange Monday.
Honeywell Technologies (NYSE:HON) isn’t, strictly speaking, a new company or equity on the market. Rather, it’s the new name for the former Honeywell International business, without its aerospace arm. That unit has been spun off into a separate entity called, sensibly, Honeywell Aerospace (NYSE:HONA). Monday was the day the spinoff took effect, and the legacy stock closed that trading session down more than 6%. Let’s explore this a bit.
Image source: Getty Images.
Leaner and cleanerFirst, let’s get a fix on the division of this historically significant American industrial behemoth.
The spinoff of Honeywell Aerospace was announced in February 2025. It followed an exhaustive, year-long portfolio review by current Honeywell Technologies CEO Virnal Kapur. It came several months after the company announced it would spin off its advanced materials business, which these days operates as the standalone Solstice Advanced Materials (SOLS 0.13%).
The cleaving of Honeywell into three smaller companies would result in, CEO Vimal Kapur was quoted as saying at the time, “positioning each to pursue tailored growth strategies.
It would also, he added, “unlock significant value for shareholders and customers.”
Just before Monday’s market debuts of the Honeywells Technologies and Aerospace, the latter’s CEO said that as a standalone, it would be more reactive to the needs of major customers, singling out Boeing (BA 1.18%) and Airbus (EADSY +0.77%).
As for the mechanics of the separation, stockholders in the legacy Honeywell received one common share of Honeywell Aerospace for every two shares of Honeywell International they owned. On Monday morning, the renamed Honeywell Technologies effected a 1-for-2 reverse stock split to recalibrate its share count and price.
Three-headed beastNow that Honeywell Technologies has hived off its aerospace and advanced materials divisions, it’s a leaner but still sprawling industrial conglomerate. These days, it operates within three core business segments — building automation, process automation and technology, and industrial automation.
Helpfully, the “new” company provided data on how it would have done had it operated under its present structure in the recent past. Full-year pro forma 2025 net sales would have been $19.9 billion, which was 3% higher than the 2024 result. The net income line was also up by 3%, to $1.34 billion.
We’ll get an updated look at how Honeywell Technologies has been performing of late with the company’s second-quarter results, slated for release on Thursday, July 23.
Good potential for the pairHoneywell Technologies’ slide in share price is understandable to an extent, as over the course of one trading day, the legacy Honeywell business was reduced by an important business unit. What’s a bit more surprising is that Honeywell Aerospace, after an initial, early-session surge, ended up closing the day nearly 5% down.
This, despite the long-building excitement on the spinoff, not to mention Aerospace’s immediate inclusion on two major equity indexes, the benchmark S&P 500 index and the S&P 100 index (displacing the old Honeywell International in the latter, while Honeywell Technologies “remains” in the former). As a new component of these lineups, Aerospace is an immediate target for many index funds that are ever popular with investors.
The future of spinoff and legacy companies can be tough to predict, but I’d lean towards the view that both “successor” Honeywells will do better separately than in combination.
The aerospace and defense sectors are moving fast these days, so Honeywell Aerospace can really benefit from a more streamlined and nimble operation.
Honeywell Technologies feels a bit less of a potential growth story, but could be something of a sleeper given its strength in building automation in particular — after all, the federal government aims to significantly build out domestic infrastructure, and there’s robust demand for more housing construction. Both developments could play very well into the company’s hands.
Fed nechal 32 největších bank projít zátěžovým testem a ty okamžitě oznámily vyšší dividendy i odkupy akcií. JPMorgan schválila nový buyback za 50 miliard USD a zvýší dividendu o 10 %.
The Federal Reserve gave the country's largest banks a passing grade on its annual stress test last week, and they wasted little time turning it into cash for shareholders. The results, released June 24, showed all 32 of the lenders the central bank examined staying above their minimum capital requirements -- even in a hypothetical recession severe enough to saddle the group with more than $708 billion in loan losses. Within hours, the biggest names began rolling out dividend increases and share buybacks.
The question for investors is which bank delivered the most, and whether the wave of payouts points to genuine strength across the group. Answering it means looking past the size of each payout to the stress capital buffer (SCB) behind it -- the extra cushion of capital the Fed makes each bank hold on top of the minimum, determined in part based on stress-test results and set at no less than 2.5%.
Image source: Getty Images.
JPMorgan Chase JPMorgan Chase (JPM +0.24%), the largest U.S. bank by assets, announced the biggest buyback authorization of the group.
It intends to raise its quarterly dividend 10% to $1.65 per share in the third quarter, and its board authorized a new $50 billion stock buyback that takes effect July 1. That single program is worth about 6% of JPMorgan's roughly $880 billion market value.
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The bank can be this aggressive because the Fed asks it to hold very little extra capital. Its SCB sits at 2.5% -- the lowest level the regulator allows -- and its current standardized common equity tier 1 capital ratio requirement, including regulatory buffers, is 11.5%.
Goldman Sachs Goldman Sachs (GS +0.06%) leaned on its dividend rather than a headline buyback number. The investment bank plans to raise its quarterly payout by 11% to $5.00 per share -- 25% higher than it paid a year ago. Few large banks have grown their dividend that quickly.
Goldman carries a higher buffer than JPMorgan, at 3.4%. That largely reflects its greater reliance on trading and market businesses, which tend to produce larger modeled losses under the Fed's severe scenario.
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Morgan Stanley Morgan Stanley (MS 0.15%) delivered the biggest percentage dividend increase of the four, raising its quarterly payout 15% to $1.15 per share and reauthorizing a multi-year buyback of up to $20 billion. It did so even though it holds the highest SCB of this group, at 4.3% -- again a reflection of the larger losses the Fed models for its trading-heavy business.
It can still afford to be generous. Morgan Stanley's common equity tier 1 ratio (a core measure of a bank's capital strength) stood at 15.1% at the end of March, well above the 11.8% required by the regulator.
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Wells Fargo Wells Fargo (WFC 0.42%) rounded out the group with an 11% dividend increase, to $0.50 per share, and said it has the capacity to keep buying back stock. Like JPMorgan, it operates with an SCB at the 2.5% floor, putting it among the banks the Fed treats as needing the least extra cushion.
Wells Fargo is also the cheapest of the four. The stock trades at a price-to-earnings ratio of about 13, against about 16 for JPMorgan and roughly 19 for both Goldman Sachs and Morgan Stanley. And after the latest raise, it offers the group's highest dividend yield, at about 2.4%.
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Is the payout wave a green light? Taken together, the announcements are a strong vote of confidence. Each of these banks announced higher dividends, and JPMorgan and Morgan Stanley also announced large buyback authorizations, while the Fed's decision to leave these banks' buffers unchanged gives them room to do so without bumping up against regulatory limits. The test itself showed that even a severe hypothetical downturn wouldn't drag the group below its minimums.
But a bigger payout doesn't automatically make a stock a buy.
JPMorgan announced the biggest buyback authorization, and Morgan Stanley raised its dividend the most, yet both trade at premiums to the group on a price-to-earnings basis. For investors weighing what they pay against what they get back, Wells Fargo's mix of the lowest valuation, the highest yield, and a buffer already at the Fed's floor arguably stands out.
Cryptocurrency derivatives exchange BitMEX has parted ways with several senior leaders in a swift leadership transition made public on June 29, 2026. The company has removed its Chief Executive Officer Stephan Lutz, Chief Financial Officer Ina Steiner, and Head of Growth Raphael Polansky from their positions.
This collective shift stands out for its scale and speed, affecting key functions including overall strategy, financial oversight, and user expansion efforts at once.
Peter Wilkinson, formerly serving as the platform’s global general counsel and chief operating officer, has assumed the role of CEO.
Information on immediate successors for the CFO and growth positions remains limited in initial coverage.
The exchange itself has yet to release detailed public comments explaining the motivations behind the changes or outlining a full succession roadmap.
This type of broad executive adjustment often reflects a strategic decision by the board or key stakeholders to pursue a fresh approach.
It differs from typical gradual transitions and may indicate an intent to address operational priorities or adapt to evolving market realities more decisively.
BitMEX, launched in 2014, helped shape the crypto trading landscape by introducing perpetual swap contracts that allow leveraged positions without fixed settlement dates.
The platform attracted significant volume in Bitcoin and other digital asset derivatives, particularly among professional traders comfortable with high leverage.
Its early success highlighted the demand for sophisticated risk-management tools in emerging digital markets.
However, the exchange has encountered persistent regulatory and market headwinds.
Past issues included US investigations into compliance practices, leading to earlier leadership departures by the founding team and eventual corporate resolutions involving penalties.
Stephan Lutz had taken the helm in late 2022 following a previous CEO change, steering the firm through a difficult industry cycle marked by reduced activity and heightened compliance demands.
The current developments arrive during a period of cautious sentiment across crypto markets. Bitcoin prices have shown weakness recently, with broader indicators reflecting elevated uncertainty.
Many platforms have responded to these conditions by tightening operations, reducing headcount, or evaluating strategic alternatives such as potential sales or partnerships.
Observers suggest the move could facilitate stronger governance, improved efficiency, or preparation for future opportunities in a competitive environment.
Wilkinson’s background in legal and operational matters positions him to emphasize stability and regulatory alignment as the company moves ahead.
Day-to-day trading, withdrawals, and platform availability are anticipated to proceed normally, though users are advised to stay informed through official channels.
Leadership changes at established exchanges like BitMEX underscore the sector’s maturation.
As digital asset trading evolves, platforms must balance innovation with robust risk controls and adaptability.
This overhaul may mark the start of renewed focus on core strengths while navigating external pressures.
Stakeholders will await further clarification from BitMEX on its vision under the updated team.
In the interim, the event serves as a reminder of the importance of monitoring counterparty dynamics when engaging with centralized trading venues.
The derivatives space remains dynamic, and such transitions can influence confidence and liquidity profiles over time. Overall, while details are still emerging, the shift highlights ongoing efforts by BitMEX to position itself effectively amid industry challenges and opportunities.
Cal-Maine Foods uzavřela dohodu s ministerstvem spravedlnosti USA a 17 státními zástupci; neplatí žádné pokuty, ale zavazuje se k dodržovacím opatřením a zaplatí 1,5 milionu USD.
June 29, 2026 22:45 ET | Source: Cal-Maine Foods, Inc.
RIDGELAND, Miss., June 29, 2026 (GLOBE NEWSWIRE) -- Cal-Maine Foods, Inc. (“Cal-Maine” or “the Company”) (Nasdaq: CALM) today announced that it has reached an agreement to resolve the claims of the U.S. Department of Justice (DOJ) and 17 states' attorneys general against the Company, subject to applicable approvals and court procedures. The agreement follows a 15-month-long investigation by the DOJ that centered broadly on whether egg producers that had organized a cooperative to supply eggs to customers in compliance with cage-free requirements in certain markets were attempting to manipulate an industry price index by sharing information about bidding activities. Cal-Maine was a member of the cooperative, but exited in May 2024, prior to and unrelated to the initiation of the DOJ’s investigation.
Cal-Maine cooperated fully in the comprehensive review process. The Company denies all wrongdoing and violations of law and continues to believe that such claims are baseless and that its conduct was lawful, appropriate and in the best interest of supplying eggs to the marketplace. Cal-Maine further maintains that the Company's communications cited in the complaint – which were made primarily by a single former employee – did not impact egg prices in any market.
Under the terms of the agreement, Cal-Maine was not assessed any fines or penalties and has agreed to implement certain compliance and reporting measures. With respect to claims by the states’ attorneys general, Cal-Maine agreed to donate 30 million eggs, supplementing its contributions to food banks and non-profits across the country as part of the Company’s long-standing commitment to communities in need. In addition, Cal-Maine agreed to pay a total of $1.5 million to such states to resolve this matter.
“We are pleased that this agreement enables us to move forward so we can devote our full attention to what matters most: delivering affordable, high-quality eggs and egg-based prepared foods to consumers nationwide, while helping ensure a reliable domestic supply of a nutritious, everyday staple that families depend on,” said Sherman Miller, president and chief executive officer of Cal-Maine Foods.
“As farmers, we face extreme variability across supply and demand in dynamic and often unpredictable markets, and the ability to navigate that delicate balance is what makes farmers so valuable to U.S. food security. The period reviewed by the DOJ was a particularly challenging time. Temporary supply shocks, including in connection with multiple outbreaks of avian influenza, the COVID-19 pandemic, weather and other market dynamics – compounded by high inflation at the time – caused egg prices to surge periodically over the past five years.
Miller continued, “In order to help customers avoid empty shelves, Cal-Maine took numerous steps to protect and grow its hen flock during this period, including investing more than $88 million in industry-leading biosecurity since 2015 and significantly increasing the number of total chicks hatched. As bird-health issues resolved and supply recovered, the market has flipped: today, egg supply is higher and wholesale egg prices are now at record lows. We will continue to manage highs and lows to proudly help our customers keep shelves stocked to feed Americans.
Miller concluded, “Our values drive everything we do at Cal-Maine, and being a good partner to our valued customers is core to how we do business. That’s why we regularly review and strengthen the way we work across operations, governance, compliance, and safety. We have robust compliance policies and training in place and hold ourselves to the highest standards.”
About Cal-Maine Foods
Cal-Maine Foods, Inc. (Nasdaq: CALM) is the largest egg company in the United States and a leading player in the egg-based food industry. With a strong national footprint, Cal-Maine provides nutritious, affordable, and sustainable protein to millions of households every day.
The Company’s portfolio spans the full egg value ladder—from conventional to specialty, including cage-free, organic, brown, free-range, pasture-raised, and nutritionally enhanced—serving both retail and foodservice customers nationwide. Cal-Maine Foods also participates in the growing prepared foods sector, with offerings such as pre-cooked egg patties, omelets, folded and scrambled egg formats, hard-cooked eggs, pancakes, waffles, and specialty wraps. Its branded portfolio includes Eggland’s Best®, Land O’Lakes®, Farmhouse Eggs®, 4Grain®, Sunups®, Sunny Meadow®, MeadowCreek Foods®, Van’s®, and Crepini®.
Headquartered in Ridgeland, Mississippi, Cal-Maine’s strategy combines scale, operational excellence, and financial discipline with a commitment to innovation and sustainability, to enable the company to deliver trusted nutrition, enduring partnerships, and long-term value for its stakeholders.
Forward-Looking Statements
Statements contained in this press release that are not historical facts are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. The forward-looking statements are based on management’s current intent, belief, expectations, estimates, and projections regarding the Company’s agreement with the DOJ. These statements are not guarantees of future performance and involve risks, uncertainties, assumptions, and other factors that are difficult to predict and may be beyond our control. The factors that could cause actual results to differ materially from those projected in the forward-looking statements include, among others, the Company’s ability to obtain court approval of the its agreement with the DOJ as well as] the risk factors set forth in the Company’s SEC filings (including its Annual Report on Form 10-K, as updated in Part II Item 1A of the Company’s Quarterly Reports on Form 10-Q and in its Current Reports on Form 8-K). The Company’s SEC filings may be obtained from the SEC or the Company’s website, www.calmainefoods.com. Readers are cautioned not to place undue reliance on forward-looking statements because, while the company believes the assumptions on which the forward-looking statements are based are reasonable, there can be no assurance that these forward-looking statements will prove to be accurate. Further, forward-looking statements included herein are made only as of the respective dates thereof, or if no date is stated, as of the date hereof. Except as otherwise required by law, the Company disclaims any intent or obligation to update publicly these forward-looking statements, whether because of new information, future events, or otherwise.
Ansem rozdal zhruba $6,7 milionu v $ANSEM do více než 700 peněženek a chce tím zvýšit počet držitelů z asi 25 tisíc na 1 milion. Přitom stále ovládá zhruba 60 % nabídky.
The Solana influencer has sent roughly $6.7M in tokens to more than 700 wallets onchain, even as he controls about 60% of the supply.
Crypto influencer Ansem has airdropped about $7 million worth of the $ANSEM memecoin to Solana users, and said he will keep distributing tokens as the price rises in a push to grow the holder base to 1 million wallets.
Ansem, who posts under the handle @blknoiz06 and counts close to 1 million followers on X, has sent roughly $6.7 million in $ANSEM to more than 700 wallets, onchain analytics firm Bubblemaps said in a post on X. One wallet received more than $1 million, six received more than $100,000 each, 40 received more than $10,000, 300 received more than $1,000, and 400 received more than $150, according to Bubblemaps. The token currently has about 25,000 holders, Ansem said, short of the 1 million he is targeting.
The campaign is a live test of one of crypto's most contested ideas: that a person's online reputation can be packaged into a tradable asset. $ANSEM has no product, revenue or roadmap, and its value rests almost entirely on the attention of the influencer whose name it carries. That makes the airdrop both a marketing engine and a concentration risk, because the same wallet funding the giveaways still holds the majority of the supply.
Fee Redistribution“Sent out another round of the airdrops, have airdropped about ~$7M so far, will do more as market cap goes higher," Ansem wrote on X. “Goal is to get $ANSEM to 1M holders, currently at ~25k holders.”
Ansem has framed the distributions as a way to return the creator fees he earns on the memecoin launchpad pumpfun to holders, rather than as a token sale. He did not deploy $ANSEM himself. A separate wallet created the token on pumpfun around June 17 and transferred the bulk of the supply to Ansem's address, onchain tracker Lookonchain said. That deployer spent about $6,300 to launch the token, bought 792.45 million $ANSEM, sent 650 million to Ansem and later sold the rest for about $11,800, netting roughly $5,500, according to Lookonchain.
Ansem now controls the largest single position. He holds about 604 million tokens, or roughly 60% of the supply, data from Bubblemaps how.
Token Touched a Nine-Figure Valuation$ANSEM, nicknamed "The Black Bull," was trading at about $0.10 with a circulating market cap near $43 million and a fully diluted valuation of about $105 million as of 5:30 p.m. ET on June 29, according to CoinGecko. The token rose about 22% over the prior 24 hours, compared with a 7% gain in Solana's SOL and a 1% rise in Bitcoin.
The token hit a record of about $0.12 earlier on June 29, CoinGecko data show, briefly pushing its fully diluted valuation above $120 million. Reported market caps for the token have varied widely depending on the source and whether the calculation uses circulating or total supply.
Reputation CoinsThe airdrop has reopened a debate over so-called key-opinion-leader, or KOL, coins, tokens tied to an individual's social following rather than a product.
“$ANSEM is a fascinating example of tokenized attention and reputation," DeFi researcher Ignas wrote on X. He argued that influencer coins are surprisingly less reviled than other ways creators monetize an audience, because buyers opt in. “You can opt out and simply not buy. If you bought and lost money, all you can blame is yourself," he wrote, adding that most such tokens will fail because they have "no revenue or business tied to them."
Ignas also flagged a tension in the airdrop model. The tokens being distributed, he noted, are "coming from someone else's degen pockets" — funded by new buyers rather than business cash flow — and warned that recasting a memecoin as a "revenue token" is "usually bad news" for the price.
Crypto analyst 0xNairolf called the token "a perfect reminder that one of the biggest unsolved markets in crypto is letting people speculate on other people," predicting that "whoever cracks that is the next pumpfun."
The episode lands as Solana's memecoin activity recovers. The Defiant has reported on a broader revival in low-cap Solana tokens, and influencer-driven coins have repeatedly drawn scrutiny, from Iggy Azalea's MOTHER to the contested NEIRO listings that Ansem himself helped move.
Polarizing FigureAnsem is a polarizing figure. In October 2024, onchain investigator ZachXBT publicly accused him of promoting a series of low-cap Solana memecoins in a way that resembled pump-and-dump dynamics, arguing his reach could leave followers holding losses. Ansem rejected the criticism, defending his early calls on tokens such as Dogwifhat. The accusations were not accompanied by formal findings and remain unproven.
Concentration is the more immediate concern. With roughly 60% of the supply in a single wallet, the holder doing the airdropping also has the ability to move the price sharply.
Ansem has said further airdrops will follow as the market cap climbs, tying continued distributions to the token's price.
Rozdělení Comcast a NBCUniversal by podle analytiků nemělo vyvolat velké regulační obavy, ale případný budoucí prodej některé z částí může přitáhnout regulátory. Největší riziko vidí trh u FCC a schvalování ovlivněného Trumpem.
Comcast’s plan to split from NBCUniversal isn’t expected to draw much in the way of antitrust scrutiny. After all, the companies are essentially de-consolidating.
But after Monday’s news of the move, questions remain as to what the company will face, perhaps not so much for the split but if either of the two new entities is eventually sold.
Comcast co-CEO Brian Roberts said on an investor call today that the plan was “absolutely not” to prime the company for M&A, but to “put each company in the strongest position to create value, fully monetize its assets and aggressively pursue its own organic growth strategies.”
That said, speculation will likely continue, particularly if Paramount completes its acquisition of Warner Bros. Discovery, a $110 billion mega merger that has been expected to lead to other transactions.
Hanging over all of this has been the Trump administration.
While it’s still viewed in corporate circles as much more favorable to mergers than the Biden administration, winning regulatory approval also has come with a cost. The then-Paramount Global settled Trump’s lawsuit against CBS over the way 60 Minutes edited an interview with Kamala Harris, in a move widely seen as smoothing the way for FCC approval of Skydance’s purchase a few weeks later. Skydance also made commitments favored by the administration, including a vow not to pursue diversity, equity and inclusion policies and another to hire a CBS News ombudsman. New Street Research’s Blair Levin dubbed it a “Trump transaction tax.”
Here are some factors to consider on the road ahead for the Comcast-NBCU split:
FCC The FCC. The exact structure of the Comcast split has not been announced, but some analysts say it will not trigger an FCC review.
That is a big deal under any circumstances. The FCC reviews transactions that transfer control of broadcast licenses and, through a process that includes public comment, determines whether they are in the “public interest.” That injects a bit of uncertainty, but there’s some expectation that Comcast could structure the deal in a way that control of NBC’s broadcast stations does not transfer.
Back in 2005, Viacom did a split with CBS that did not undergo an FCC review. The old Viacom was renamed CBS Corp., while cable networks went to “new Viacom.” Of course, the company eventually re-merged in 2019. Still unclear is whether any other licenses Comcast holds, such as those for satellite earth stations and wireless, would be part of an FCC review, albeit those are seen as less of a challenge.
Comcast has been one of Trump’s targets: He has dubbed the company “Concast” as he has railed against news coverage and has attacked Roberts personally. FCC chairman Brendan Carr, appointed by Trump, has launched investigations into the company’s DEI practices and its relationships with its affiliates. He also has not ruled out further orders requiring early renewals of broadcast licenses, as he did with Disney.
Gigi Sohn, counselor to Obama-era FCC chairman Tom Wheeler and senior fellow at the Benton Institute, said that to go through an FCC transfer would be “walking right into it.” “Then you are at Brendan Carr’s mercy,” she said.
DOJ. The split itself is not expected to raise antitrust issues, but there is some question of what happens next, after the transaction is completed. That process is expected to take about a year.
The Department of Justice in D.C. Andrew Harnik/Getty Images John C. Hodulik, analyst for UBS, wrote in a research note Monday that the split “makes it more likely the companies will be involved in M&A in the future (within the boundaries of the tax free status of the spin).”
If there is some kind of future deal, there could be some antitrust issues, more so if NBCU is not the buyer but the entity being sold. Diana Moss, vice president and director of competition policy at the Progressive Policy Institute, wrote via email, “If it is a bigger player, then the question is whether that creates higher concentration in streaming. Who they sell to is more complicated than most would think.”
As for Comcast, she wrote that there may be issues with a combination in an industry that already has seen the proposed merger of Charter with Cox. She wrote, “There is pretty high concentration in cable and digital broadcast satellite multi-video programming distribution. Some past cable mergers have been controversial for that reason.” She wrote that she would expect “political intervention by Trump” and other regulators. “Sad…,” she wrote.
For now, Comcast is dismissing M&A talk, but there also is the matter of timing. If a Democrat is elected to the White House in 2028, the pressure on the new president could be on to take an overall hard line against mergers, creating something of a scramble to get deals through even in a Trump-influenced environment.
Hodulik wrote that the split “has started to fuel conversation around industry M&A and strategic optionality for both businesses going forward.”
He wrote, “This includes potential consolidation in cable distribution, where secular pressures from fiber, fixed wireless and satellite are impacting the core broadband business. In Media, we have seen high profile deals over the past year (FOX/ROKU, PSKY/WBD), leaving NBCU as a smaller scale Media asset. That said, any M&A would likely take time in order to preserve the tax free nature of the spin.”
Hasbro (HAS - Free Report) ended the recent trading session at $84.44, demonstrating a -1.04% change from the preceding day's closing price. This move lagged the S&P 500's daily gain of 1.18%. Elsewhere, the Dow gained 0.59%, while the tech-heavy Nasdaq added 2.07%.
Coming into today, shares of the toy maker had lost 0.97% in the past month. In that same time, the Consumer Discretionary sector lost 1.1%, while the S&P 500 lost 2.9%.
The investment community will be paying close attention to the earnings performance of Hasbro in its upcoming release. The company's earnings per share (EPS) are projected to be $1.18, reflecting a 9.23% decrease from the same quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $1.05 billion, indicating a 6.82% upward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $6.01 per share and a revenue of $4.98 billion, indicating changes of +8.48% and +5.94%, respectively, from the former year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Hasbro. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.84% higher. Hasbro currently has a Zacks Rank of #2 (Buy).
With respect to valuation, Hasbro is currently being traded at a Forward P/E ratio of 14.21. Its industry sports an average Forward P/E of 10.64, so one might conclude that Hasbro is trading at a premium comparatively.
It is also worth noting that HAS currently has a PEG ratio of 2.09. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Toys - Games - Hobbies industry currently had an average PEG ratio of 1.67 as of yesterday's close.
The Toys - Games - Hobbies industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 110, which puts it in the top 46% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
Pump.fun od července odkoupil tokeny PUMP za více než 400 milionů USD a tokeny hned pálí. PUMP je přesto asi 83 % pod rekordem a za den se téměř nezměnil.
The Solana launchpad's repurchases since July now exceed $400M, yet PUMP trades roughly 83% below its record and is little changed on the day
Pump.fun, the Solana-based memecoin launchpad that has generated more than $1.1 billion in lifetime fees, has repurchased over $400 million of its PUMP token, with the running total crossing that mark in recent days, according to the company's onchain dashboard.
The tracker showed cumulative buybacks of about $400.9 million as of Monday afternoon, covering roughly 145.5 billion PUMP acquired over 346 days. Pump.fun burns every repurchased token immediately under the policy it adopted in April, so the running buyback total now closely tracks the amount of PUMP permanently removed from circulation.
The milestone tests the central premise of Pump.fun's tokenomics: that steady, revenue-funded buying and burning will tie PUMP's value to the platform's cash flows. So far, the supply cuts have not lifted the price.
PUMP edged up about 1% in the 24 hours through Monday, matching Bitcoin's gain, according to CoinGecko. The token has fallen about 16% over the past 30 days and trades roughly 83% below its record of about $0.0088, set in September.
Revenue Directed at RepurchasesPump.fun started buying back PUMP in July 2025 and initially directed all revenue toward repurchases. In late April, the company burned about $370 million of accumulated tokens, roughly 36% of the circulating supply at the time, and switched to a programmatic model.
The platform now routes 50% of net revenue from its bonding curve, PumpSwap and Terminal products into an irreversible smart contract that buys PUMP on the open market and burns it. The Defiant reported the change at the time. The remaining revenue funds operations, hiring and acquisitions.
The platform has produced about $1.13 billion in fees and $1.05 billion in revenue since launching in January 2024, according to DefiLlama. Fee generation has cooled alongside the broader memecoin market, totaling about $23.5 million over the past 30 days.
Metaplanet má už asi 212 571 domácích akcionářů, tedy zhruba 1 z 600 obyvatel Japonska. Firma zároveň drží 40 177 BTC a je největším korporátním držitelem Bitcoinu v Asii.
Think of a mid-sized Japanese hotel company pivoting to become one of the world’s largest corporate Bitcoin holders. That’s Metaplanet in a nutshell.
Metaplanet (TSE: 3350) now counts approximately 212,571 domestic shareholders, a figure that works out to roughly 0.2% of Japan’s population. That shareholder base grew 66% in recent months.
From 10,000 to 212,000 shareholders in two years When Metaplanet launched its Bitcoin treasury strategy in April 2024, the company had around 10,000 shareholders. It blew past 64,000 on the way to today’s 212,571 figure. The company’s long-term target is exceeding one million shareholders.
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Metaplanet is essentially trying to redirect capital toward Bitcoin through the comfort of a traditional stock listing. Strategy, formerly MicroStrategy, pioneered this model in the US.
The company now holds 40,177 BTC, making it Asia’s largest corporate Bitcoin holder and the third-largest among public companies globally, behind Strategy and Twenty One Capital. It purchased 5,075 BTC in Q1 2026 alone as part of its ongoing accumulation push.
Building the infrastructure for Bitcoin yield products In June 2026, the company acquired Siiibo Securities for approximately $13 million. The deal gives Metaplanet a Type I financial instruments business license, which is the regulatory key needed to sell Bitcoin-linked yield products directly to Japanese investors.
The company is also pursuing a $5.4 billion equity facility, denominated at roughly 770.9 billion yen. That capital is earmarked for buying more Bitcoin. Metaplanet’s stated ambition is to accumulate up to 210,000 BTC in total, which represents 1% of Bitcoin’s total 21 million supply cap.
What this means for investors The dilution risk is a key consideration. A $5.4 billion equity facility means Metaplanet will be issuing a lot of new shares. If Bitcoin’s price rises fast enough, the BTC-per-share metric improves. If Bitcoin stalls or drops, shareholders absorb dilution without the offsetting gain.
If Metaplanet successfully launches Bitcoin yield products for Japanese retail investors via the Siiibo Securities acquisition, it creates a revenue stream beyond simple price appreciation, potentially differentiating it from pure treasury plays.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Silicon Valley Bank uvádí, že půjčování bitcoinů se po kolapsu Celsius, BlockFi a Genesis obnovuje na přísnějších základech. Krypto-zajištěné půjčky dosáhly v 1. čtvrtletí 2026 objemu 67 miliard USD, meziročně o 49 % více.
The $BTC lending market that imploded with Celsius, BlockFi and Genesis in 2022 is quietly rebuilding, and this time on very different foundations. A new report from @SiliconVlyBank argues that what was once a lightly regulated corner of crypto is now adopting the conventions of traditional finance: overcollateralized loans, transparent risk management and conservative underwriting.
A Market Rebuilt on Stronger Ground The numbers back the narrative. According to Silicon Valley Bank, citing Galaxy Research data, total crypto-backed lending reached $67 billion in Q1 2026, a 49% increase year over year. The failures of Celsius, BlockFi and Genesis were defining moments. Each firm shared common vulnerabilities: maturity mismatches, excessive leverage and the rehypothecation of customer assets. Today's lenders have responded by requiring borrowers to post significantly more collateral than they borrow in dollars, and by monitoring that collateral continuously.
A landmark deal underlines how far the market has come. In February 2026, lending firm Ledn closed a $188 million Bitcoin-backed asset-backed security, the first Bitcoin-collateralized deal to receive an investment-grade rating from S&P Global. That kind of institutional credibility was unthinkable at the height of the 2022 crisis.
Costs Remain High, But Change Is Coming Borrowing is still expensive. SVB puts current annualized rates for Bitcoin-backed loans at between 7.5% and 16%, well above comparable traditional credit products. But the bank expects that spread to narrow as mainstream banks and private credit funds enter the market. Several major U.S. banks now offer Bitcoin-backed credit facilities, and JPMorgan has reportedly been considering similar products for institutional clients.
SVB also flagged the Lightning Network as a potential efficiency driver, noting that near-instant, low-cost collateral transfers and automated margin calls could make Bitcoin-backed lending more scalable within established financial markets.
The consumer slice of the market remains modest, estimated by Ledn at around $3 billion today. But the firm has argued that figure could scale toward $1 trillion over the next decade as long-term $BTC holders seek liquidity without selling their coins. For now, SVB's report signals that the infrastructure to support that kind of growth is finally being put in place.
Sources:
CoinDesk: Bitcoin-backed lending is making a comeback, according to Silicon Valley Bank
Silicon Valley Bank: The Bitcoin-Backed Lending Renaissance
Bitcoinový těžař a AI firma Ionic Digital podala žádost o přímý listing na Nasdaq pod tickerem IOND. Společnost chce v nabídce prodat až 10,8 milionu akcií.
June 29 : Bitcoin miner and AI infrastructure firm Ionic Digital filed on Monday to go public through a direct listing.
The company was formed in January 2024 to acquire the cryptocurrency mining assets of Celsius Mining, a subsidiary of Celsius, which received U.S. bankruptcy court approval for a restructuring in November 2023.
A direct listing allows a company to list its existing shares on an exchange without an underwritten offering. No new shares are created, and insiders can sell their holdings instantly.
Ionic's registered stockholders plan to sell up to 10.8 million shares of common stock in the listing.
As part of Celsius' reorganization, Ionic issued about 37 million Class A shares to Celsius creditors, turning them into shareholders in the new company.
New Jersey-based Celsius filed for Chapter 11 protection in July 2022, one month after freezing customer accounts to prevent withdrawals. It is one of several crypto lenders to go bankrupt following the rapid growth of the industry during the COVID-19 pandemic.
Last week, Ionic raised $400 million at a pre-money valuation of $2 billion in a funding round led by new investors Attestor, Oaktree Capital Management and Sachem Head Capital Management.
Ionic plans to list its shares on Nasdaq under the symbol "IOND". J.P.Morgan, Jefferies and BTIG are the financial advisors for the listing.
Australský broker Caleb & Brown se spojil s Ripple, aby zrychlil výběry v USD pomocí Ripple Payments. Změna má zkrátit čekání, zatímco nákup, prodej a custody krypta zůstávají beze změny.
Australian-based cryptocurrency broker Caleb & Brown has announced a partnership with Ripple aimed at speeding up US dollar withdrawal processes. By replacing part of its traditional correspondent banking framework with Ripple Payments, the company has revamped its payments infrastructure. This move is designed to allow customers to access faster US dollar settlements, all while leaving their crypto buying, selling, and custody routines unchanged.
Infrastructure shift for US dollar withdrawalsManaging more than $2 billion in client assets, Caleb & Brown targets operational delays and friction in cross-border payments with this latest integration. While crypto assets can move across blockchains in seconds, traditional banking channels still depend on multiple intermediaries for fiat currencies like the US dollar, resulting in slower transactions and higher costs.
Glossary: Correspondent banking is a system where a bank processes transactions in another country’s currency or on its behalf via a partner institution. This model often extends transaction timeframes and increases costs due to extra intermediaries, especially in cross-border payments.
The collaboration between Caleb & Brown and Ripple is less about launching a new customer-facing product and more about strengthening the payment backbone that supports the company’s services. The goal is to ensure US dollar withdrawals are completed more efficiently, slashing wait times linked to legacy banking systems.
Jake Boyle highlighted that Ripple Payments combines the speed and innovation of the crypto sector with the enduring structure of the traditional US dollar banking system.
Strategic aims of the partnershipJake Boyle, Caleb & Brown’s Commercial Director, commented that the partnership reflects a need to bridge blockchain innovation with conventional financial realities. Boyle’s insights underline a market paradox: while crypto markets run 24/7, traditional fiat transfers remain tied to decades-old banking rails.
Ripple Payments is Ripple’s enterprise-grade payment network, designed to modernize payment flows while remaining compatible with the existing financial infrastructure. With Caleb & Brown, this utility spans beyond cross-border transfers and extends into day-to-day US dollar withdrawal operations for clients.
The company emphasized that the investment focuses on infrastructure, simplifying the processes of buying, selling, storing, and withdrawing digital assets.
Institutional demand and regulatory backdropCrypto platforms adhering to regulatory standards are increasingly prioritizing operational efficiency, as blockchain-powered settlement networks gradually replace outdated banking channels. The announcement arrives at a time when global institutional interest in blockchain infrastructure is accelerating.
Frameworks like the European Union’s MiCA (Markets in Crypto-Assets) regulation continue to fuel demand for compliant digital asset solutions. Against this backdrop, blockchain networks such as Ripple, Hedera, Cardano, and XDC are emerging as leading platforms in the fields of institutional payments and tokenized finance.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Cardano udrželo transakční poplatky na 0,05143 USD, tedy asi o 35 % pod předchozím průměrem 0,08 USD. Bitwise zároveň plánuje ETF s 10 kryptoměnami včetně ADA.
Cardano’s network has continued to see notably low transaction fees in recent months, alongside progress in decentralization metrics and declining user costs. Data from the platform highlights that despite ADA’s weak price action, Cardano is maintaining technical resilience on the blockchain side.
Transaction fees remain lowAccording to Chainspect data shared by analyst MB, Cardano’s transaction fees have largely fluctuated within a narrow range of $0.07 to $0.09 over the past three months. While transaction costs have surged rapidly during busy periods on many blockchains, Cardano has managed to keep operating costs low despite ongoing transfers and staking activity.
During periods of increased network use, fees briefly approached $0.09, a spike attributed primarily to DeFi and NFT transactions. However, this rise proved temporary; by June 20, transaction costs had slumped to $0.05143. This marks a roughly 35% drop from the previous average of $0.08.
Despite higher on-chain activity, Cardano managed to keep transaction costs low, with fees falling to $0.05143 on June 20.
ADA price outlook remains cautiousAlthough the network’s technical performance appears stable, ADA’s market structure remains fragile. Analyst Ali Charts noted that following a recent attack on Cardano wallets—resulting in the theft of 129 million ADA, worth around $20 million—the daily chart has shown a TD Sequential buy signal.
However, doubts persist about the sustainability of any price rebounds. Analysts highlight a key resistance zone between $0.160 and $0.176. The formation of lower highs and lower lows in ADA’s price structure continues to weigh on sentiment. At the time of reporting, ADA is trading above $0.144, currently near $0.1503.
Mini glossary: TD Sequential is a technical analysis indicator that helps identify possible turning points in price action, while resistance refers to a price region where selling pressure may stall a rally.
Decentralization and institutional interest in focusCardano is showing signs of not only stable fees but also a strengthening network structure. Chainspect data reveals the network’s Nakamoto coefficient has climbed to 28—a figure measuring the minimum number of independent entities required to compromise a blockchain’s control. With this metric, Cardano has surpassed Avalanche to claim third place for decentralization.
In practical terms, this means 28 independent actors would need to act in concert to undermine Cardano’s network. Developed in 2017 under the leadership of Charles Hoskinson, Cardano is known for its research-driven approach to blockchain innovation.
Institutional activity around Cardano is picking up as well. Market analyst Cheeky Crypto reported that asset manager Bitwise is planning to launch an ETF comprising 10 cryptocurrencies, including ADA. Bitwise is a leading developer of crypto-focused investment products, and such a launch could boost institutional interest in Cardano.
Cheeky Crypto stated that Bitwise’s plan for an ETF including ADA could be a catalyst for increased institutional engagement with Cardano.
In the coming period, traders will be watching to see if ADA can establish a foothold above the $0.160–$0.176 resistance range. Network activity, deepening decentralization, and Bitwise’s ETF initiative are expected to be key factors shaping price trends moving forward.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Badger Meter (BMI - Free Report) closed the most recent trading day at $138.67, moving -1.57% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 1.18%. Meanwhile, the Dow experienced a rise of 0.59%, and the technology-dominated Nasdaq saw an increase of 2.07%.
Shares of the manufacturer of products that measure gas and water flow have appreciated by 13.7% over the course of the past month, outperforming the Computer and Technology sector's loss of 5.33%, and the S&P 500's loss of 2.9%.
The investment community will be paying close attention to the earnings performance of Badger Meter in its upcoming release. The company is expected to report EPS of $1.01, down 13.68% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $219.66 million, indicating a 7.75% downward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $4.51 per share and revenue of $909.27 million, which would represent changes of -5.85% and -0.81%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Badger Meter. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Badger Meter currently has a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Badger Meter has a Forward P/E ratio of 31.24 right now. This signifies no noticeable deviation in comparison to the average Forward P/E of 31.24 for its industry.
Investors should also note that BMI has a PEG ratio of 2.53 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. BMI's industry had an average PEG ratio of 1.94 as of yesterday's close.
The Instruments - Control industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 110, putting it in the top 46% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
Ukrajina poprvé převedla zabavené kryptoměny v hodnotě přes 8,3 milionu dolarů do státem spravované peněženky. Jde o USDT z případu mezinárodní hackerské skupiny.
Ukraine has placed more than $8.3 million in seized crypto under state management, the first time the country has moved confiscated digital assets into a government-controlled wallet.
The National Agency for Finding, Tracing, and Management of Assets, known as ARMA, received the funds from wallets tied to an alleged member of an international hacking group.
Seized Crypto from an International Hacking CaseThe holding is Tether (USDT), the largest stablecoin, valued at over 372 million Ukrainian hryvnias at the time of the transfer, according to prosecutors.
Investigators say the group attacked people and companies across Europe and the United States. The case reflects a rise in stablecoin-driven crypto crime.
The attackers stole confidential data, demanded ransom payments, and laundered the money in Ukraine through real estate and cars.
Authorities estimate the network caused more than $100 million in damage. The pattern mirrors other crypto laundering networks that ended in multiple arrests.
Four suspects, including the alleged organizer, remain in custody. Total seizures in the case topped $11.1 million, covering homes, apartments, vehicles, and cash.
What State Custody Means for the FundsUntil now, crypto seized in Ukrainian cases sat frozen, with no agency actively holding or moving it. The transfer gives ARMA direct control of the wallet.
A 2025 reform law overhauled how ARMA manages seized property, adding independent audits and tighter oversight. The change was a condition of hundreds of millions of euros in European Union support.
The step stops short of confiscation, which requires a court conviction. For now, the agency holds the assets rather than owning them.
USDT sits near its dollar peg, trading close to $1. That gives ARMA a relatively stable asset to manage, hold, or eventually sell.
USDT Near Its Dollar Peg. Source: BeInCryptoA stablecoin avoids the price swings tied to bitcoin, making the holding easier to value. But USDT is centrally controlled, and Tether can freeze tokens at law enforcement requests.
Under Economic Fury, @USTreasury will continue to systematically degrade Tehran’s ability to generate, move, and repatriate funds.
Treasury’s Office of Foreign Assets Control is sanctioning multiple wallets tied to Iran — resulting in the freeze of $344 million in…
— Treasury Secretary Scott Bessent (@SecScottBessent) April 24, 2026 Follow us on X to get the latest news as it happens
What to do with seized crypto has split governments. The United States ordered forfeited Bitcoin into a strategic reserve it pledged not to sell. It treats confiscated coins as a long-term asset.
Germany took the opposite path, and critics still debate its seizure of Bitcoin sales after prices later climbed.
Ukraine has not said whether it will sell the USDT or hold it. That choice may shape how it treats future seizures, and whether seized tokens become state revenue.
DTCC v květnu 2026 oznámila napojení své tokenizační služby na Stellar, přičemž XLM má sloužit jako settlement token. Živá aktiva jsou cílená na první polovinu 2027.
Stellar trades near $0.18, but a May 2026 plan for the DTCC to connect its tokenization service to Stellar, with XLM named as the settlement token, could route trillions in traditional securities onto the network. What would that actually mean for the price? Here is the realistic read, separating the landmark from the hype.
Summary
Stellar trades near $0.18 as of late June 2026, down from a July 2025 high near $0.52, with the Fear and Greed reading in extreme fear despite strong network fundamentals. In May 2026, the DTCC, the backbone of United States securities settlement, announced it would connect its tokenization service to Stellar, with XLM designated as the settlement token and live assets targeted for the first half of 2027. The deal is a genuine long-term, high-conviction catalyst because it links potential institutional securities volume directly to the network, but the 2027 timeline means price until then is driven by speculation and sentiment. The central question for the price is value accrual: whether routing securities settlement through Stellar translates into sustained demand for the XLM token, a question complicated by XLM’s fixed supply with no burn mechanism. Year-end 2026 forecasts span roughly $0.18 at the bearish end to $1.20 to $2.50 in bullish models, a gap that turns on whether the DTCC and other catalysts begin converting fundamentals into token demand. Stellar (XLM) is trading near $0.18 as of late June 2026, and it presents one of the sharpest disconnects in crypto: a network with strong and growing fundamentals attached to a token sitting near multi-year lows.
XLM is down from a July 2025 high near $0.52, the Fear and Greed reading is mired in extreme fear, and yet the underlying network is arguably healthier than ever, with tokenized real-world assets on Stellar having climbed past $2.83 billion, stablecoin payment volume around $5.5 billion, developer engagement at record highs, and consensus achieved in under six seconds through its Federated Byzantine Agreement design.
Stellar price chart | Source: crypto.news Into that gap between fundamentals and price landed the most consequential development in Stellar’s recent history: in May 2026, the Depository Trust and Clearing Corporation, the institution that sits at the center of United States securities settlement, announced it would connect its tokenization service to Stellar, with XLM named as the settlement token and live assets targeted for the first half of 2027.
The announcement raised an obvious and high-stakes question for anyone watching XLM: if the backbone of traditional securities settlement is routing tokenized assets through Stellar, what does that mean for the price of the token?
This article answers that question as realistically as possible, separating the genuine significance of the deal from the hype that inevitably surrounds it. It works through where Stellar stands now and why the fundamentals-price gap exists, what the DTCC deal actually is, why it could be a landmark, the all-important value-accrual question of whether network volume translates into token demand, the problem of the 2027 timeline, the other catalysts stacking up around XLM, the supply dynamics that complicate the bull case, what the analysts forecast, and three scenarios for the price.
The aim is to give XLM holders and observers a clear-eyed read rather than either dismissive skepticism or breathless promotion, because the DTCC deal is simultaneously a real, high-conviction catalyst and a development whose price impact is years away and structurally uncertain. The forecasts here are information, not advice. And the thread running through the whole analysis is the same question that haunts every payments-token valuation: does the network’s success actually accrue to the token, or can the volume flow through while the token is bypassed? For Stellar, the DTCC deal makes that question concrete and urgent.
Where Stellar stands and the fundamentals gap Begin with the disconnect that defines XLM right now, because it is the context for everything the DTCC deal might change. Stellar near $0.18 is down significantly from its July 2025 high near $0.52, and the Fear and Greed reading sits in extreme fear, the same deeply pessimistic sentiment weighing on the broader crypto market.
On the charts, XLM has spent 2026 oscillating, with periods of consolidation around the high teens to low twenties in cents and sharp volatility, including swings of substantial magnitude within single months, but the broad trend has left the token near the lower end of its range and below where it traded a year ago. By the standard technical and sentiment measures, XLM looks like what it is: a beaten-down mid-cap altcoin in a fearful market.
What makes Stellar unusual is that its fundamentals tell a very different story from its price. The value of tokenized real-world assets issued on Stellar has surged past $2.83 billion, growing at a rapid clip, and stablecoin payment volume on the network has reached roughly $5.5 billion, both signs of genuine, growing utility rather than mere speculation. The network supports a large base of accounts and a wide array of fiat and crypto on-ramps, achieves fast and cheap settlement through its consensus design, and has added the Soroban smart-contract platform to enable tokenization and decentralized finance.
Developer engagement is at record levels. This is the crux of the Stellar investment debate: a network whose real-world usage and institutional positioning are strengthening, attached to a token whose price has fallen to multi-year lows. Bulls read the gap as a buying opportunity and evidence of accumulation, on the logic that price will eventually catch up to fundamentals. Skeptics read it as evidence that network usage does not reliably accrue value to the XLM token, which is precisely the question the DTCC deal forces to the center. The fundamentals-price gap is the setup; the DTCC deal is the potential catalyst that either closes it or exposes it as permanent.
What the DTCC deal actually is To assess its impact, you have to understand precisely what was announced, because the details determine the significance. In May 2026, the Depository Trust and Clearing Corporation revealed plans to connect its tokenization service to the Stellar network. The DTCC is not a peripheral player; it is the central infrastructure of United States securities settlement, the institution through which an enormous share of the country’s stock and bond transactions are cleared and settled, handling quadrillions of dollars in securities annually across the traditional financial system. Its decision to build tokenization capability on a public blockchain at all is significant, and its selection of Stellar specifically, with XLM named as the settlement token for the infrastructure, is what makes the announcement material for the token. The plan targets live assets in the first half of 2027, meaning the connection is a forward-looking build rather than something already moving volume today.
The stated logic is that tokenization, representing traditional securities as digital tokens on a blockchain, can make settlement faster, cheaper, and programmable, and that Stellar’s compliance-focused, settlement-oriented architecture is suited to regulated finance. The phrase that captured attention is that the arrangement brings the potential for trillions in traditional securities onto the network over time, with XLM as the settlement token directly linking that future institutional volume to token demand. That is the bullish framing, and it is grounded in real fact: the DTCC genuinely chose Stellar, XLM is genuinely named as the settlement token, and the addressable volume is truly enormous. But three qualifications matter from the outset and shape the rest of this analysis.
First, the assets go live in 2027, not now. Second, the scale of what actually migrates onto Stellar, as opposed to the theoretical addressable market, is unknown. And third, and most important for the price, the mechanism by which settlement volume translates into sustained XLM demand is the contested value-accrual question instead of an automatic pass-through. The deal is real and large in potential; what it means for the token depends on details that are not yet settled.
Why it could be a landmark Taken at its strongest, the DTCC deal is a genuine landmark, and the bull case for its significance deserves a full and fair statement. The first reason is validation. When the institution at the heart of United States securities settlement chooses to build tokenization infrastructure on Stellar, it is an endorsement of Stellar’s architecture for regulated, institutional finance that no marketing campaign could buy. It signals that Stellar’s long-standing bet on compliance and settlement, often overlooked during the speculative manias that drove other chains, is being recognized by exactly the kind of counterparty it was designed to serve. For a network whose pitch has always been institutional and payments-focused instead of retail-speculative, having the DTCC select it is the strongest possible third-party confirmation of the thesis.
The second reason is the direct linkage to token demand, at least in principle. Because XLM is named as the settlement token for the DTCC tokenization infrastructure, future institutional volume flowing through that infrastructure has a potential channel to XLM demand, unlike vaguer partnership announcements that leave the token’s role ambiguous. The third reason is scale and trajectory. The addressable market for tokenized securities is measured in the trillions, and even capturing a modest fraction would represent settlement volume far beyond anything Stellar handles today, which is why the deal is framed as a long-term, high-conviction bullish driver instead of a short-term price catalyst. It fits a broader pattern in which Stellar has positioned itself as compliance-ready infrastructure for tokenization, evidenced by its alignment with regulatory frameworks and its role hosting regulated stablecoins.
NEW: MoneyGram introduces MGUSD native USD stablecoin on Stellar. Built with Stablecoin, M0 and Fireblocks. Now live in the U.S pic.twitter.com/N4CeRg5sHz
— crypto.news (@cryptodotnews) June 3, 2026 The strongest version of the bull case, then, is that the DTCC deal is the moment Stellar’s institutional thesis begins to be validated by the most credible possible counterparty, with a direct potential link to token demand and an addressable market large enough to transform the network’s economics. Whether that potential converts into token price is the next, harder question.
The value-accrual question Here is where realism has to enter, because the gap between a network landmark and a token price runs straight through the value-accrual question, and Stellar’s situation has a cautionary parallel close at hand. The question is whether routing securities settlement through Stellar actually creates sustained demand for the XLM token, or whether the volume can flow through the network while the token captures little of the value. This is not a hypothetical concern invented for skepticism; it is the same question that has dogged XRP, where Ripple’s commercial success in cross-border payments has not reliably translated into XRP token appreciation, because much settlement activity can occur without participants holding the token for any meaningful duration. Stellar faces a structurally similar issue: a settlement token may be used transiently to bridge value during a transaction without anyone needing to hold XLM as a durable asset, in which case enormous settlement volume could produce only modest, fleeting token demand.
The specifics of how XLM is used in the DTCC infrastructure will determine which way this resolves, and those specifics are not yet fully clear. If XLM is required as a persistent bridge or reserve asset that institutions must hold to access the settlement rails, and if the volume is large, the demand could be substantial and sustained. If, instead, XLM functions as a momentary settlement medium that is acquired and released within transactions, or if stablecoins denominated in dollars do most of the actual value transfer while XLM plays a minimal technical role, then the token demand could be far smaller than the headline volume suggests.
The honest assessment is that the DTCC deal creates a potential channel for value to accrue to XLM, but it does not guarantee that it will, and the magnitude depends on technical and economic details that remain to be seen. This is the single most important caveat for anyone pricing XLM off the DTCC news. The deal could be a genuine landmark for the network and still deliver a muted token-price impact if the value-accrual mechanism is weak, exactly as has happened with XRP. The network’s success and the token’s success are related but not identical, and conflating them is the most common error in valuing payments tokens.
The 2027 timeline problem Even setting aside the value-accrual question, the DTCC deal carries a timing problem that directly affects how it should be priced today. The plan targets live assets in the first half of 2027, which means that for the entire rest of 2026 and into early 2027, there is no actual DTCC settlement volume flowing through Stellar, only the anticipation of it. This matters because, until the infrastructure goes live and shows real volume, XLM’s price will be driven by speculation and sentiment about the future instead of by current flows, which makes it vulnerable to the same volatility that afflicts any narrative-driven asset. The market has already shown this dynamic, with XLM experiencing sharp moves and pullbacks, including a notable drop after a rally, as enthusiasm about the deal collided with the reality that nothing changes operationally for many months.
The timing problem cuts in two directions, and a fair analysis acknowledges both. On one hand, it tempers the near-term bull case: those expecting the DTCC deal to lift XLM’s price in 2026 are betting on sentiment and positioning instead of on actual usage, and sentiment can fade, reverse, or be overwhelmed by broader market conditions long before 2027 arrives. A deal that goes live in 18 months provides little support for a token if the broad crypto market stays fearful in the meantime.
On the other hand, the long runway means the catalyst is not yet spent: if and when the infrastructure goes live in 2027 and begins showing real volume, that could be a fresh, concrete catalyst at a point when much of the speculative anticipation may have faded, potentially providing an upside surprise to a token that the market had given up on.
For pricing XLM through the rest of 2026 specifically, the timeline problem means the DTCC deal is best understood as a long-term thesis underpinning the token instead of a near-term price driver, and that anyone buying XLM on the DTCC news in 2026 is making a multi-year bet whose payoff, if it comes, is concentrated in 2027 and beyond, contingent on the value-accrual question resolving favorably.
The other catalysts stacking up The DTCC deal does not stand alone; it sits atop a cluster of other developments that collectively strengthen Stellar’s institutional thesis, and a complete picture has to account for them. The most important is the regulatory designation.
On March 17, 2026, United States regulators designated Stellar as a digital commodity, the same classification extended to a short list of major tokens, which removed a significant barrier by clarifying XLM’s legal status and making it eligible for custodial services from institutions that safeguard assets. That designation is foundational because it is what allows firms to build regulated products on Stellar and to hold XLM with legal confidence, and it underpins the DTCC deal and the others.
Building on it, CME Group XLM futures are expected during 2026, which would provide regulated derivatives infrastructure and a potential structural source of institutional demand and price discovery, and an Amundi fund and other institutional vehicles point to growing traditional-finance engagement with the token.
Several more developments round out the picture. Stellar is widely seen as a beneficiary of the CLARITY Act, the legislation that aims to codify digital-asset rules and that could advance in 2026, in the same way XRP is, since both are payment-focused tokens whose institutional adoption hinges on regulatory certainty. Stellar’s design aligns with European regulatory frameworks, evidenced by regulated stablecoins launching on the network, giving it a compliance posture suited to multiple jurisdictions. And the Soroban smart-contract platform expands what the network can host, broadening its addressable market into tokenization and decentralized finance.
The significance of this cluster is that the DTCC deal is not an isolated bet but part of a coherent institutional thesis: regulatory clarity through the digital-commodity designation and potential CLARITY Act passage, derivatives infrastructure through CME futures, traditional-finance vehicles through funds like Amundi’s, and the flagship tokenization linkage through the DTCC.
If the thesis works, these catalysts reinforce one another, with regulatory clarity enabling the institutional products that enable the volume that could drive token demand. The caveat from the value-accrual discussion still applies to all of them, but the breadth of the catalyst stack is itself a meaningful part of the bull case for XLM.
The supply picture that complicates the bull case A factor specific to XLM that any honest price analysis must weigh is its supply structure, which cuts against the simplest bullish narratives in an important way.
Following a 2019 community vote, Stellar ended its annual token issuance, fixing the total supply near 50 billion XLM and removing the inflationary dilution that suppresses price appreciation on many rival networks. That fixed supply is truly favorable: it means new issuance does not constantly dilute holders, and if demand rises against a fixed supply, the price pressure is upward. To that extent, the supply structure supports the bull case, and it is a point bulls rightly emphasize.
But there is a crucial qualification that complicates the value-accrual story. Stellar has no token-burn mechanism that meaningfully reduces circulating supply as the network is used. On some networks, transaction activity burns tokens, so that rising usage automatically tightens supply and creates upward price pressure independent of speculative demand, a direct link between network use and token scarcity. Stellar lacks this channel at scale, which means that fee-driven demand from network activity does not automatically remove XLM from circulation.
The implication for the DTCC deal is significant: even if substantial securities settlement volume flows through Stellar, that activity will not, by itself, shrink the XLM supply the way a burn mechanism would, so 1 of the clearest channels through which network usage could force token-price appreciation is absent.
The price would have to rise through genuine, sustained holding demand for XLM as an asset, not merely through transactional throughput, which loops back to the value-accrual question. The fixed supply is a modest positive; the absence of a burn mechanism is a real limitation on how mechanically network success can translate into token-price gains. Together they mean XLM’s bull case depends more heavily on durable demand for the token itself than on raw volume, which raises the bar for the DTCC deal to move the price.
What the analysts forecast The analyst forecasts for XLM in 2026 span an extraordinarily wide range, even by the standards of the other majors, and the spread maps directly onto the questions this article has raised. At the bearish end, the algorithmic forecaster CoinCodex reads Stellar as bearish on technical indicators and, strikingly, its model does not project XLM reaching $1 until 2047, treating the token as a slow-compounding asset that the current setup does not favor.
Other cautious forecasters cluster low: Traders Union’s model points to roughly $0.40 to $0.48 for year-end, and DigitalCoinPrice sees around $0.32, both well above current levels but far below the bullish targets and treating Stellar as an infrastructure asset that appreciates slowly instead of a narrative rocket. Base-case forecasts that assume regulatory clarity holds and tokenization grows at a moderate pace tend to land in a $0.25 to $0.50 band, a meaningful recovery from current levels without a breakout.
At the bullish end sit forecasters who weigh the institutional catalysts heavily. Coinpedia’s hybrid model is the most bullish of the major platforms for 2026, placing XLM in a moderate range of $1.20 to $1.80 and a stronger scenario toward $2.50 if it reclaims key resistance, explicitly anchoring the thesis in institutional adoption velocity, rising stablecoin and tokenized-asset volume, and the catalysts described above, with a longer-term 2030 target as high as $6.19 under favorable conditions.
CoinLore and others produce aggressive cycle targets in the range of roughly $0.50 to $1.69 for the year. The gap, from a model that does not see $1 until 2047 to 1 targeting $2.50 this year, is enormous, and it reflects exactly the unresolved questions: whether the DTCC deal and the other catalysts convert into token demand, whether the value-accrual mechanism is strong or weak, and whether the 2027 timeline leaves 2026 to sentiment.
The bullish forecasts assume the institutional thesis begins paying off in token demand; the bearish ones assume the fundamentals-price gap persists because usage does not accrue to the token. The forecasts cannot settle which is right; they can only show how much rides on the DTCC deal and its peers actually closing that gap.
Three scenarios for Stellar around the DTCC catalyst Pulling the analysis into scenarios clarifies the range without pretending to certainty. In the bull scenario, the market begins to price the institutional thesis ahead of the 2027 go-live. Confidence grows that the DTCC deal, the digital-commodity designation, CME futures, and the broader catalyst stack will convert into real XLM demand, an altcoin-favorable phase arrives, and XLM recovers toward the $1.20 to $2.50 range that the most bullish credible models describe, with the fundamentals-price gap finally closing as anticipation of trillions in tokenized volume lifts the token. This path requires the market to look through the 2027 timeline and to bet that the value-accrual question resolves in XLM’s favor, and it leans on the breadth of the catalyst stack as the engine. It is achievable but conditional on a favorable read of exactly the questions that remain open.
In the base scenario, the most defensible central case, XLM recovers modestly to a $0.25 to $0.50 band. Regulatory clarity holds, the catalysts develop roughly on schedule, and the token grinds back up from its lows as the institutional thesis slowly gains credibility, but without a breakout, because the DTCC volume is not live until 2027 and the value-accrual mechanism remains unproven through 2026.
This recovery-without-breakout outcome fits the weight of base-case forecasting and reflects the reality that the biggest catalyst is years from delivering actual volume. In the bear scenario, the fundamentals-price gap persists or widens. The broad market stays fearful, the DTCC anticipation fades as 2027 stays distant, doubts deepen about whether settlement volume will ever accrue to the token given the no-burn supply structure, and XLM stalls in the $0.10 to $0.20 range or drifts lower, validating the bearish models that treat it as a slow-compounding asset. Which scenario unfolds depends on the broad market, the pace of the catalysts, and above all whether the market comes to believe that routing securities through Stellar will create durable demand for XLM. All 3 are live, and the DTCC deal is the pivot around which they turn, a genuine landmark for the network whose translation into token price remains the open question.
Frequently Asked Questions What is the DTCC tokenization deal with Stellar? In May 2026, the Depository Trust and Clearing Corporation, the central infrastructure of United States securities settlement, announced it would connect its tokenization service to the Stellar network, with XLM named as the settlement token and live assets targeted for the first half of 2027. The DTCC clears and settles an enormous share of United States securities transactions, so its decision to build tokenization capability on Stellar is a major institutional endorsement. The arrangement carries the potential to bring tokenized traditional securities onto the network over time, with XLM as the settlement token linking that future volume to potential token demand. It is a forward-looking build, not something moving volume today.
Will the DTCC deal make XLM’s price go up? It could, but it is not automatic, and the timing and mechanism matter. The deal is a genuine long-term, high-conviction catalyst because it links potential institutional securities volume to the network with XLM named as the settlement token. But assets do not go live until the first half of 2027, so through 2026 the price is driven by speculation instead of actual flows. More fundamentally, whether settlement volume translates into sustained XLM demand is the contested value-accrual question: a settlement token can be used transiently without anyone holding it durably, and Stellar lacks a burn mechanism that would tighten supply as usage grows. The deal could be a landmark for the network and still deliver a muted token-price impact if value accrual is weak.
Why is Stellar’s price so low if its fundamentals are strong? This is the central Stellar paradox. The network’s fundamentals are strong and growing, with tokenized real-world assets past $2.83 billion, stablecoin payment volume around $5.5 billion, record developer engagement, and fast, cheap settlement, yet XLM trades near $0.18, down from a 2025 high near $0.52, with sentiment in extreme fear. Bulls read the gap as a buying opportunity on the logic that price will catch up to fundamentals. Skeptics read it as evidence that network usage does not reliably accrue value to the XLM token, the same issue that has dogged XRP. The gap exists because network success and token-price appreciation are related but not identical, and the mechanism linking them for XLM is contested.
What is the value-accrual question for XLM? It is whether routing activity like securities settlement through Stellar actually creates sustained demand for the XLM token, or whether volume can flow through the network while the token captures little value. A settlement token may be used transiently to bridge value within a transaction without anyone needing to hold XLM as a durable asset, in which case large settlement volume could produce only modest, fleeting token demand. This is the same question that has limited XRP’s price despite Ripple’s commercial success. For the DTCC deal, the magnitude of token-price impact depends on whether XLM is required as a persistent bridge or reserve asset or functions only as a momentary settlement medium, details that are not yet fully clear.
Does Stellar’s fixed supply help the price? Partly, but with an important limitation. Following a 2019 community vote, Stellar ended annual issuance and fixed total supply near 50 billion XLM, removing the inflationary dilution that suppresses many rival tokens, which is favorable because rising demand against fixed supply creates upward price pressure. However, Stellar has no token-burn mechanism that meaningfully reduces circulating supply as the network is used. On some networks, transaction activity burns tokens so that rising usage automatically tightens supply; Stellar lacks this at scale, so fee-driven demand does not automatically remove XLM from circulation. The implication is that even large settlement volume will not shrink supply by itself, so the price must rise through durable holding demand instead of throughput, which raises the bar for catalysts like the DTCC deal
What are analysts forecasting for Stellar in 2026? The range is extraordinarily wide. At the bearish end, CoinCodex’s model is bearish and does not project XLM reaching $1 until 2047, while Traders Union sees roughly $0.40 to $0.48 and DigitalCoinPrice around $0.32 for year-end, treating XLM as a slow-compounding infrastructure asset. Base-case forecasts that assume moderate growth cluster in a $0.25 to $0.50 band. At the bullish end, Coinpedia models $1.20 to $1.80 and up to $2.50 if resistance is reclaimed, anchored in institutional adoption, with a 2030 target as high as $6.19. The gap, from no $1 until 2047 to $2.50 this year, reflects the unresolved questions of whether the DTCC deal and other catalysts convert into token demand and whether the fundamentals-price gap finally closes.
This article is information, not financial or investment advice. Stellar price levels, network metrics, the DTCC announcement details, and analyst forecasts reflect data available as of June 28, 2026, are point-in-time, and can change. Cryptocurrency is highly volatile, and you can lose money. Price predictions are inherently uncertain, and the scenarios described are not guarantees. Do your own research and consult a qualified financial professional before making any investment decision.
Coinbase spustila 11. června Coinbase for Agents, platformu, která propojuje AI agenty s uživatelskými účty pro obchodování, správu portfolia a platby v USDC. Uživatelé nastaví limity a agent jedná v jejich rámci.
Coinbase launched Coinbase for Agents on June 11, a platform that lets AI systems like ChatGPT and Claude connect directly to user accounts to execute trades, manage portfolios, and make transactions using stablecoins. Users tell the AI what to do in plain English, set spending and risk limits, and the agent handles the rest. Coinbase’s stock rose over 3% on the news.
How it actually works Users can grant AI agents access to their Coinbase accounts with specific constraints: how much the agent can spend, what level of risk it can take, and which types of trades it can execute.
The platform supports both spot and derivatives trading, real-time market data access, and portfolio management. It’s accessible through both web interfaces and terminal-based setups.
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Transactions on the platform run on USDC, Coinbase’s preferred stablecoin, using something called the x402 protocol. This protocol is designed to enable machine-to-machine payments, essentially letting AI agents pay for services, data, or assets without a human intermediary approving each step.
Compliance follows the same framework as standard Coinbase accounts. The agents operate within user-defined guardrails, and Coinbase’s existing regulatory controls still apply.
The bigger picture: agentic finance Coinbase has been building toward this moment through a series of AI-focused products. First came AgentKit, which embedded crypto wallets directly into AI agents. Then came Agentic Wallets, purpose-built for autonomous trading and spending. Coinbase for Agents connects those autonomous capabilities to the full suite of Coinbase’s exchange infrastructure.
Alongside the agents platform, Coinbase also rolled out Coinbase Advisor, an in-app AI that provides personalized recommendations to users.
Coinbase is calling this broader trend “agentic finance.” Analysts have projected that autonomous agents could drive as much as 20% of all e-commerce by 2030.
What this means for investors Coinbase has hinted at future expansions beyond crypto, with potential support for equities and commodities trading through the agents platform.
By routing agent transactions through USDC, Coinbase is creating a new demand driver for its stablecoin. Every AI agent that needs to make a payment or execute a trade on the platform needs USDC to do it.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
BNY zpřístupnila institucionálním klientům minting, redemption, custody a převody USDC přímo přes svou platformu Digital Asset Custody. USDC je první stablecoin podporovaný touto službou.
BNY has added USDC minting, redemption, custody and transfer services to its Digital Asset Custody platform, giving institutional clients direct access to Circle’s stablecoin through the bank.
Summary
BNY has enabled institutional clients to mint, redeem, store and transfer USDC directly through its Digital Asset Custody platform. The bank has expanded its role with Circle beyond safeguarding USDC reserves by adding client-facing stablecoin services. BNY joins Invesco, JPMorgan and State Street as major financial institutions rolling out products tied to stablecoin reserves and infrastructure. According to BNY, the update allows clients to turn U.S. dollars into USDC and redeem the stablecoin back into dollars from within its platform. The bank said clients can also hold and transfer USDC through its digital asset custody service, making Circle’s token the first stablecoin supported by the platform.
The service deepens BNY’s existing relationship with Circle. BNY already serves as the primary custodian for the assets backing USDC, and the latest expansion moves the bank beyond reserve custody into direct stablecoin services for institutional clients.
BNY said it plans to add support for more stablecoins and digital cash workflows over time. The bank did not name the next assets it may support or give a timeline for the expansion.
BNY is taking USDC deeper into institutional custody BNY said it oversees $59.3 trillion in assets under custody and administration and serves more than 90% of Fortune 100 companies. Its USDC support gives large institutions a bank-based route to access stablecoin issuance and redemption without moving outside a regulated custody environment.
USDC is the second-largest stablecoin by market value, with more than $73.8 billion in circulation, according to DefiLlama data. Tether’s USDT remains the largest stablecoin, while DefiLlama data places the total stablecoin market at about $313 billion.
The announcement also follows BNY’s recent work in other areas of digital asset custody. In May, the bank partnered with Abu Dhabi-based Finstreet and the ADI Foundation to develop institutional custody services for Bitcoin and Ether, with plans to later include stablecoins and tokenized real-world assets.
By adding USDC minting and redemption to its platform, BNY is placing stablecoin activity closer to the custody and settlement systems already used by institutional clients. Circle’s role remains tied to USDC issuance, while BNY’s expanded service gives clients custody and movement tools around the token.
Banks are building products for stablecoin reserves BNY’s move comes as large financial firms develop products tied to stablecoins, reserve assets and tokenized cash management.
Last week, Invesco filed with the U.S. Securities and Exchange Commission to launch a tokenized money market fund for stablecoin reserve management. According to the filing, the fund would invest in cash and short-term U.S. Treasury securities.
In May, JPMorgan filed to launch a tokenized money market fund designed for stablecoin issuers. The Ethereum-based fund would invest in U.S. Treasury bills and overnight repurchase agreements used to back payment stablecoins.
State Street also launched a government money market fund for stablecoin issuers earlier this month. The fund invests in U.S. government securities and repurchase agreements, with State Street Bank and Anchorage Digital listed among its first investors.
Other financial firms have also moved into stablecoin-related services. In January, Fidelity Investments launched its U.S. dollar-backed stablecoin FIDD after receiving conditional approval to operate a national trust bank.
Together, the announcements show how major banks and asset managers are building around the reserve, custody and payment layers of stablecoins as institutional demand for digital cash infrastructure grows.
In the latest trading session, Copa Holdings (CPA - Free Report) closed at $155.53, marking a -1.06% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 1.18%. Elsewhere, the Dow saw an upswing of 0.59%, while the tech-heavy Nasdaq appreciated by 2.07%.
Shares of the holding company for Panama's national airline have appreciated by 10.01% over the course of the past month, outperforming the Transportation sector's gain of 2.8%, and the S&P 500's loss of 2.9%.
The investment community will be closely monitoring the performance of Copa Holdings in its forthcoming earnings report. The company is expected to report EPS of $1.9, down 47.37% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $1.07 billion, reflecting a 27.12% rise from the equivalent quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $15.96 per share and a revenue of $4.38 billion, signifying shifts of -1.97% and +21.16%, respectively, from the last year.
Any recent changes to analyst estimates for Copa Holdings should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 1.43% higher within the past month. Copa Holdings is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note Copa Holdings's current valuation metrics, including its Forward P/E ratio of 9.85. For comparison, its industry has an average Forward P/E of 11.9, which means Copa Holdings is trading at a discount to the group.
Also, we should mention that CPA has a PEG ratio of 1.2. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Transportation - Airline industry had an average PEG ratio of 1.15 as trading concluded yesterday.
The Transportation - Airline industry is part of the Transportation sector. Currently, this industry holds a Zacks Industry Rank of 208, positioning it in the bottom 15% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow CPA in the coming trading sessions, be sure to utilize Zacks.com.
Shares of ride-hailing giant Uber Technologies (UBER 1.16%) have rebounded recently as investors warm to the idea that robotaxis could become a major new growth driver. Shares are up about 7% over the last month and 5% in the last week alone. At close to $76 as of this writing, though, the stock still sits about 25% below its 52-week high near $102.
The recent optimism toward the stock is easy to understand. What's harder to pin down, however, is what Uber actually owns in the autonomous race.
Here is the part the robotaxi excitement tends to gloss over: Uber doesn't build the cars, doesn't write the self-driving software, and doesn't own the vehicles carrying its riders. Its plan is to be the app that books the trip, whoever's autonomous car shows up. That asset-light approach could be Uber's biggest advantage in autonomy -- or its biggest vulnerability, depending on how the next few years unfold.
Image source: Getty Images.
A platform, not a fleet Uber's pitch to investors and autonomous-car manufacturers is about aggregation.
It has reportedly signed up about 30 autonomous partners -- robotaxi developers, delivery-bot makers, and self-driving trucking firms -- and wants to be the marketplace where that capacity meets demand. The early traction backs up the idea: Uber recently said autonomous trips on its platform grew about tenfold over the past year, and management is targeting driverless service in up to 15 cities by the end of 2026.
"We get to work with everybody in the ecosystem," Uber CEO Dara Khosrowshahi told Fast Company in a June interview, pointing to a network that handles more than 40 million trips a day. The logic is that with that much demand, Uber can keep a partner's expensive cars busy in ways a single operator running its own app can't.
And the core business gives the pitch weight. In the first quarter of 2026, Uber's revenue rose 14% year over year to $13.2 billion, gross bookings climbed 25% to $53.7 billion, and trips grew 20% to 3.64 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) rose 33% to about $2.5 billion.
A network this large is exactly what a robotaxi operator with idle cars might want to plug into.
But the biggest fleet doesn't need Uber The catch is who actually owns the robotaxis on the road today. Alphabet's Waymo is the largest operator by far, running a fleet of more than 3,000 driverless cars and delivering around half a million paid rides a week, with a goal of 1 million by the end of 2026. And Waymo mostly routes those riders through its own app, not Uber's. And the two are now drifting apart -- Waymo still runs on Uber's platform in a couple of markets.
Tesla, meanwhile, is building a robotaxi service on cars and software it controls end-to-end. Uber's answer is to buy its way into the supply of its own. The company has reportedly committed more than $10 billion to autonomous vehicles. That includes a deal for at least 35,000 robotaxis built on electric vehicles from Lucid Group and equipped with Nuro's self-driving system, plus an arrangement for as many as 50,000 autonomous vehicles from Rivian.
But these arrangements will take time to start making a difference for Uber. The Lucid-Nuro robotaxi service is slated for a public launch later this year. And the Rivian fleet isn't expected to start deployments until 2028.
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Meanwhile, Uber's valuation leaves little room for slip-ups. Its forward price-to-earnings ratio of 24 isn't expensive, but it's not cheap either. In other words, it isn't extreme for a company growing gross bookings above 20%, but it's high enough that it arguably does assume the partner-based autonomy strategy adds value rather than erodes it.
So does Uber's asset-light bet make it a robotaxi winner, or leave it dependent on the rivals that build the cars? Probably something in between. Sure, the platform model could prove durable if autonomy fragments across many operators that all need Uber's demand to fill seats. But it could suffer if a handful of owners like Waymo reach the scale to run their own networks and keep the economics. For now, Uber is paying up to ensure it has cars to fall back on -- a sensible hedge, but also a quiet admission that aggregating other companies' robotaxis may not be the durable advantage implied by the rising share price.
Australský regulátor žaluje Amazon AU kvůli údajným nefér podmínkám Prime Video, které umožnily přidání reklam bez kompenzace pro více než 1 milion ročních předplatitelů od listopadu 2023 do srpna 2025.
A downtown building is wrapped in Amazon Prime advertising ahead of Comic-Con International, in San Diego, California, U.S. July 22, 2025. REUTERS/Mike Blake Purchase Licensing Rights, opens new tab
SummaryCompaniesAustralian competition watchdog sues Amazon's local unitACCC alleges Amazon unit used unfair Prime Video contract termsACCC seeking declarations, penalties, among other ordersJune 30 (Reuters) - Australia's competition regulator said on Tuesday it has taken Amazon's (AMZN.O), opens new tab Australian unit to court, alleging its Prime subscription contracts contained unfair terms that allowed the company to add advertising to its video streaming platform.
The Australian Competition and Consumer Commission (ACCC) alleged that between November 2023 and August 2025, Amazon Australia used unfair Prime Video contract terms to make negative changes for over 1 million annual subscribers without offering compensation.
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"We allege that Amazon AU included multiple unfair terms in its contracts with Australian annual Prime subscribers, and it then relied on some of these terms to bring ads onto Amazon Prime Video," said ACCC Chair Gina Cass-Gottlieb.
After July 2024, subscribers who wanted to maintain ad-free streaming had to pay an additional A$2.99 per month. This was despite annual subscribers already having paid A$79 ($54.40) upfront for the service, the ACCC added in its statement.
The regulator also alleged that Amazon.com Services LLC was knowingly concerned in the Australian unit's conduct, adding that the former was involved in drafting the Australian contracts that contained the terms.
The ACCC is seeking declarations, penalties, consumer redress, costs and other orders.
In an emailed response to Reuters, a spokesperson for Amazon Australia said the firm is "reviewing the case filed by the ACCC in detail" and had cooperated with the regulator throughout the investigation.
The ACCC investigated Amazon's local unit's contracts after receiving consumer reports about the introduction of ads to Prime Video in 2024, according to its statement.
($1 = 1.4522 Australian dollars)
Reporting by Shivangi Lahiri in Bengaluru, additional reporting by Kumar Tanishk; Editing by Maju Samuel and Vijay Kishore
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Uniswap DAO zveřejnilo RFC pro nasazení Uniswap v4 na 0G, modulárním blockchainu zaměřeném na AI. V4 přináší singleton pool manager, hooks a dynamické poplatky.
Uniswap’s decentralized governance machine is grinding forward again. A new Request for Comments (RFC) has been published in the Uniswap DAO proposing the deployment of Uniswap v4 on 0G, a modular blockchain built with artificial intelligence workloads in mind.
What Uniswap v4 actually changes The headline feature is what Uniswap calls a “singleton pool manager.” Previous versions of Uniswap deployed a separate smart contract for every single trading pair. Uniswap v4 consolidates all pools into one contract, meaning fewer contract deployments, lower gas costs, and more efficient routing between pools.
Then there are hooks. These are pluggable smart contracts that developers can attach to individual pools, enabling custom logic at specific points in a trade’s lifecycle.
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Dynamic fees are the natural extension of this flexibility. Rather than locking in a static fee tier when a pool is created, Uniswap v4 allows fees to shift automatically based on real-time trading conditions like volume and volatility. The direct beneficiaries here are liquidity providers, who historically have eaten impermanent loss during volatile periods while earning the same flat fee regardless of market conditions.
Why 0G, and what is it anyway 0G (pronounced “zero gravity”) positions itself as a modular, AI-focused blockchain. The network is designed around high-throughput data availability, which makes it potentially suited for applications that need to process large amounts of on-chain data quickly.
Uniswap has been systematically expanding across chains for years, moving beyond Ethereum to networks like Polygon, Arbitrum, Optimism, Base, BNB Chain, and others. For 0G specifically, adding Uniswap v4 would provide a foundational DeFi primitive for what is still an emerging network.
The broader multi-chain chess game Uniswap governance proposals typically go through an RFC phase, followed by a temperature check, and then a final on-chain vote. The RFC stage is essentially the community debating whether the deployment makes strategic sense, whether the target chain has sufficient demand, and whether the technical integration is sound.
What this means for investors For UNI token holders, every new chain deployment theoretically expands the protocol’s fee-generating surface area. Uniswap recently activated its fee switch mechanism, meaning protocol-level fees could eventually flow back to governance participants.
Liquidity providers should pay particular attention to the dynamic fee structure. If v4’s fee mechanisms work as designed, providing liquidity on volatile AI-related token pairs could become meaningfully more profitable than the static-fee experience of v3.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Caffeine od DFINITY se nově integruje přímo do Claude od Anthropic a umožňuje vytvářet a nasazovat aplikace na Internet Computer jen pomocí textových promptů. Vývoj tak probíhá bez psaní kódu.
@dfinity's Caffeine platform has launched a direct integration with @AnthropicAI's Claude, allowing users to generate and deploy production-ready applications on the Internet Computer blockchain entirely through natural language prompts, without writing a single line of code.
Building Apps Through Conversation @CaffeineAI is an AI-powered development platform built by the DFINITY Foundation. Caffeine generates web applications from text descriptions and deploys them directly on the Internet Computer blockchain. The Claude integration extends that capability into Anthropic's own LLM environment, meaning users can build, iterate on, and ship complex software without ever leaving the chat interface.
The move targets both casual "vibe coders" and enterprise teams. Unlike tools such as Cursor that help human developers write code faster, Caffeine positions itself as a complete replacement for technical teams. Users describe what they want in plain language, and an ensemble of AI models writes, deploys, and continually updates production-grade applications with no human intervention in the codebase itself.
Unlike many existing AI development tools, Caffeine handles everything from secure backend logic to full-stack deployment, enabling users to build secure, resilient, and sovereign apps with minimal effort. Once code is generated, Caffeine deploys the app directly onto the Internet Computer blockchain, where ICP's canister-based architecture ensures the app is secure, tamper-proof, and runs entirely on-chain without relying on centralized servers.
A Technical Edge on Data Safety One of Caffeine's more notable claims is around data integrity during updates, a recurring problem in AI-generated software. The platform builds applications using Motoko, a programming language developed by DFINITY specifically for AI use, which provides mathematical guarantees that upgrades cannot accidentally delete user data. The system employs what DFINITY calls "loss-safe data migration," where the framework automatically verifies that any transformation to an application's data structure will not result in data loss, refusing to compile or deploy code that could delete information unless explicitly instructed.
The Anthropic relationship is not entirely new. Pierre Samaties, chief business officer at DFINITY, noted at a San Francisco launch event that Anthropic had partnered with DFINITY on Caffeine, with developers observing that DFINITY had been using Anthropic's Claude Sonnet to drive Caffeine's backend logic on the ICP. The latest announcement formalises that relationship by surfacing Caffeine's capabilities directly inside Claude for all users.
The integration arrives as agentic AI tools gain broader enterprise traction. Anthropic's own enterprise case studies highlight organizations including Rakuten, CRED, TELUS, and Zapier as having deployed multi-agent coordination systems built on Claude. Bringing Caffeine into that environment gives ICP-based app development a direct route to that growing user base.
Sources:
VentureBeat: Dfinity launches Caffeine, an AI platform that builds production apps from natural language prompts
Business Wire: DFINITY Opens Early Access to Caffeine
SiliconAngle: The self-writing internet: Is Dfinity's Caffeine AI a wakeup call for application developers?
In the latest trading session, Target (TGT - Free Report) closed at $133.92, marking a -4.61% move from the previous day. This move lagged the S&P 500's daily gain of 1.18%. Meanwhile, the Dow gained 0.59%, and the Nasdaq, a tech-heavy index, added 2.07%.
The stock of retailer has risen by 10.48% in the past month, leading the Retail-Wholesale sector's loss of 5.89% and the S&P 500's loss of 2.9%.
The investment community will be paying close attention to the earnings performance of Target in its upcoming release. In that report, analysts expect Target to post earnings of $2.21 per share. This would mark year-over-year growth of 7.8%. Meanwhile, the latest consensus estimate predicts the revenue to be $26 billion, indicating a 3.15% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates project earnings of $8.35 per share and a revenue of $108.83 billion, demonstrating changes of +10.3% and +3.87%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Target. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.02% increase. Target is holding a Zacks Rank of #3 (Hold) right now.
In the context of valuation, Target is at present trading with a Forward P/E ratio of 16.81. This represents a discount compared to its industry average Forward P/E of 27.4.
Investors should also note that TGT has a PEG ratio of 2.74 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. TGT's industry had an average PEG ratio of 2.39 as of yesterday's close.
The Retail - Discount Stores industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 40, putting it in the top 17% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
Solana má nejrušnější období za měsíce: aktivní adresy vystoupaly na 4,51 milionu a tokenizované akcie na síti lámou rekordy. Denní objem obchodů dosáhl 644 milionů USD.
@solana is registering its busiest stretch in months. Active addresses on the network climbed to 4.51 million since Saturday, the strongest reading since February, according to @SantimentData. The catalyst is not memecoins or a new token launch. It is tokenized stocks, with xStocks activity picking up sharply and $SOL's rebound above key levels drawing traders back into the ecosystem.
Record volumes in tokenized equity trading Equity trading on Solana broke records this week. Daily tokenized stock trading on Solana hit a $644 million all-time high on June 24, more than tripling the previous record of $187.9 million set just eight days earlier, the same day tokenized assets surpassed memecoins as a share of Solana spot DEX volume for the first time, with tokenized assets at 17% of spot volume against memecoins at 12%. Much of the surge was driven by specific TradFi catalysts: Backpack Securities and Sunrise launched SPCX, a 1:1 share-backed SpaceX token, on June 12, the same day SpaceX listed on Nasdaq, followed by tokenized Micron (MU) on June 22, timed to Micron's earnings release.
During the week of June 15 to June 21, Solana processed $1.298 billion in tokenized stock trades, representing 95% of the global total for that period. Cumulatively, tokenized stocks on Solana hit $4.9 billion in volume during the first half of 2026, a sixfold increase from the $775 million recorded in the second half of 2025. By June 23, cumulative transfer volume for tokenized stocks on the network had crossed $10 billion. Cross-chain, tokenized equity trading hit $5.3 billion in May 2026, a 44% month-on-month increase.
More than a memecoin replacement Analysts see this as more than a short-term volume spike. Solana is becoming a go-to chain for real trading activity, not just speculation. Tokenized stocks, DeFi usage, stablecoins, and retail-friendly apps are all giving users more reasons to interact on-chain. Solana's low transaction costs and high throughput make it well-suited for the small, frequent trades common among retail investors, with fractional ownership and around-the-clock trading offering access that conventional brokerage accounts do not.
The composition shift carries wider implications for the Solana ecosystem. For a network that built much of its reputation on speculative memecoin activity, the rise of tokenized stocks brings real-world assets and more stable value propositions to the chain. If the surge in active addresses holds into next week, it strengthens the case that $SOL's recent bounce has genuine network activity behind it, not just leverage.
Regulatory uncertainty remains the key overhang. Tokenized equities must comply with securities laws across different jurisdictions, and the rules governing how these products are issued, traded, and settled continue to evolve. xStocks products are not available to users in the US, Canada, UK, or Australia under current access rules. Whether the volume surge proves durable will depend as much on regulatory clarity as on network performance.
Sources:
Crypto Briefing: Solana tokenized stocks trading volume surges to $4.9B in H1 2026
Solana Compass: Tokenized Assets Flip Memecoins in Solana Spot Volume
Value The Markets: Solana Sets New Record in Tokenized Stocks Trading Volume
Ekosystém Solana RWA dosáhl hodnoty 3,03 miliardy USD a měsíční objem převodů vyskočil o 120,5 % na 8,53 miliardy USD. Počet držitelů vzrostl na 290 481.
Solana RWA distributed asset value climbed to $3.03B after posting a 13.2% increase over 30 days. Monthly RWA transfer volume surged 120.5% to $8.53B, marking the fastest-growing network metric. RWA holders reached 290,481 after growing 24.4% in one month, showing wider ecosystem participation. Solana stablecoin market cap rose to $15.77B, supporting liquidity across the expanding RWA market. Solana’s real-world asset market continues to expand as fresh on-chain data points to stronger activity across tokenized assets.
The latest figures show higher asset values, growing participation, and a sharp rise in transfer volume. Stablecoins also remain a major source of liquidity across the network. The new metrics highlight steady growth across multiple parts of the Solana ecosystem.
Solana RWA Ecosystem Records Higher Asset Value and User Growth Data shared by Everstake shows the Solana RWA ecosystem reached $3.03 billion in distributed asset value. That marks a 13.2% increase over the past 30 days.
❗@solana's RWA ecosystem is reaching a whole new level.
Every month, the numbers get bigger.
And more importantly, they show that real-world assets are becoming an increasingly important part of the Solana ecosystem.
• $3.03B in distributed asset value, up 13.2% over the… pic.twitter.com/vpyj2eJowj
— Everstake (@everstake_pool) June 29, 2026
The same dataset shows the number of RWA holders climbed to 290,481. Monthly holder growth reached 24.4%, indicating broader participation in tokenized assets.
Transfer activity expanded even faster. Solana recorded $8.53 billion in 30-day RWA transfer volume, representing a 120.5% increase from the previous month.
Everstake highlighted transfer volume as the strongest metric during the latest reporting period. The figures suggest assets moved across the network at a much faster pace than before.
The platform also reported 2,115 tokenized real-world assets operating on Solana. Represented asset value stood at $125.86 million during the same period.
Stablecoins Continue Powering Solana RWA Market Activity Stablecoins remained the largest segment supporting the Solana RWA market. Network data placed the total stablecoin market capitalization at $15.77 billion, up 3.43% over 30 days.
Stablecoin transfer volume reached $487.08 billion during the month. Activity increased 3.59%, even as stablecoin holders declined 7.77% to 10.95 million.
The league table published alongside the data ranked Circle as the largest platform by asset value. Circle accounted for approximately $7.1 billion across three supported asset classes.
Tether Holdings followed with roughly $3.8 billion, while Paxos ranked third at $1.4 billion. BitGo, Securitize, Anchorage Digital Bank, Ethena, Ctrl Alt, Solstice, and Ondo completed the top ten.
Among individual assets, USDC remained the largest tokenized product on Solana with nearly $6.97 billion in distributed value. USDT followed at about $3.77 billion, while BitGo’s USD1 exceeded the $1 billion mark.
Other leading products included Anchorage Digital Bank’s USDGO, Paxos-issued PYUSD, and Securitize’s BlackRock USD Institutional Digital Liquidity Fund.
According to Everstake’s published figures and the accompanying Solana RWA dashboard, stablecoins continue to dominate network value while tokenized treasuries, private equity, and corporate credit products steadily expand their presence.
In the latest close session, Lowe's (LOW - Free Report) was down 1.31% at $219.57. This change lagged the S&P 500's daily gain of 1.18%. Meanwhile, the Dow gained 0.59%, and the Nasdaq, a tech-heavy index, added 2.07%.
The home improvement retailer's stock has climbed by 3.79% in the past month, exceeding the Retail-Wholesale sector's loss of 5.89% and the S&P 500's loss of 2.9%.
The upcoming earnings release of Lowe's will be of great interest to investors. The company's earnings report is expected on August 19, 2026. The company is predicted to post an EPS of $4.26, indicating a 1.62% decline compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $26.25 billion, showing a 9.54% escalation compared to the year-ago quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $12.48 per share and a revenue of $93.09 billion, signifying shifts of +1.55% and +7.89%, respectively, from the last year.
Investors might also notice recent changes to analyst estimates for Lowe's. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there's been a 0.09% fall in the Zacks Consensus EPS estimate. Lowe's is currently a Zacks Rank #3 (Hold).
Investors should also note Lowe's's current valuation metrics, including its Forward P/E ratio of 17.83. This denotes a discount relative to the industry average Forward P/E of 23.24.
Investors should also note that LOW has a PEG ratio of 2.81 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. By the end of yesterday's trading, the Retail - Home Furnishings industry had an average PEG ratio of 2.04.
The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 232, positioning it in the bottom 5% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
Deadline MiCA k 1. červenci může v EU připravit více než 10 milionů uživatelů o platformu, protože desítky nelicencovaných burz omezují nebo ukončují služby. ESMA je vyzvala k ukončení činnosti nebo přesunu klientů k autorizovaným poskytovatelům.
Updated Jun 29, 2026, 3:51 p.m. Published Jun 29, 2026, 3:03 p.m.
2 min read
Alex Fazel of Swisborg says about 10 million or more users are now faced with finding a new crypto service provider as their current platform suspends services on July 1. (Shutterstock/Modified by CoinDesk)Summary
A key July 1 deadline under the European Union’s Markets in Crypto-Assets rules is forcing dozens of unlicensed exchanges to halt or restrict services, potentially displacing more than 10 million users.EU regulators have warned crypto firms operating without a MiCA license to wind down operations and help customers move to authorized providers, while proposing fines of up to 12.5% of annual turnover for major stablecoin issuers that breach the rules.Industry executives estimate that as many as 80% of Europe’s roughly 3,000 pre-MiCA virtual asset service providers may not continue after the deadline, prompting exchanges like Binance to scale back and rivals such as Coinbase and OKX to court users with incentives.The European Union's (EU) July 1 Markets in Crypto-Assets (MiCA) deadline could leave more than 10 million users looking for a new platform, Alex Fazel, chief partnership officer at Swissborg, told CoinDesk in an interview.
The latest deadline implementing the EU's crypto rules is forcing dozens of exchanges to halt or restrict services, with the European Securities and Markets Authority (ESMA) warning that crypto-asset service providers operating without a MiCA license after July 1 should wind down their businesses and help customers move to authorized providers or self-hosted wallets.
The deadline also comes as the European Banking Authority (EBA), which directly supervises significant stablecoin issuers under MiCA, proposed a framework on Friday that would allow fines of up to 12.5% of annual turnover for major issuers that breach the regulation. The consultation runs until Sept. 28, after which the methodology will be finalized.
Europe was thought to have had more than 3,000 registered virtual asset service providers (VASPs) as of 2024, according to the pre-MiCA categorization. As many as 80% of them will not continue after the deadline, Erald Ghoos, CEO of OKX Europe, told CoinDesk.
The immediate impact will fall on customers whose exchanges are withdrawing services, Fazel told CoinDesk
Several exchanges, including Binance, have announced changes to their European services ahead of the July 1 deadline, while others continue seeking MiCA authorization or adjusting their products.
"When a platform pulls back, users unfortunately absorb the shock, like a tenant being evicted by its landlord with no notice," Fazel said. "People shouldn't keep hunting for a new home. They should pick one built to stay."
"When you're choosing a new home, the price is one thing."But we need to look at the identity match, the platform, its culture, its security, the features you'll actually use, and the community you're joining."
"Incentives fade," he added. "A home you trust doesn't."
Coinbase and OKX last week offered deposit and transfer incentives to attract new users amid some exchanges scaling back services in Europe.
Fazel said those offers may persuade some customers to switch, but argued they should not be the deciding factor.
"Every exchange is piling into the same rat race of bigger bonuses, louder cheques," he said. "But money does not earn trust. A local track record does."
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The Evolution of the Crypto CEX Landscape: A Case Study on Binance
The Evolution of the Crypto CEX Landscape: A Case Study on Binance
Binance remains crypto’s leading exchange, expanding from spot and derivatives into RWAs, payments, savings, yield, and broader financial services.
13 hours ago
Binance remains crypto’s leading exchange, expanding from spot and derivatives into RWAs, payments, savings, yield, and broader financial services.
Why it matters:
Binance remains crypto’s leading exchange, expanding from spot and derivatives into RWAs, payments, savings, yield, and broader financial services.
Abbott klesl o 1,5 % na 92,71 USD, zatímco S&P 500 vzrostl o 1,18 %. Firma zveřejní výsledky za čtvrtletí 16. července; odhad EPS je 1,28 USD a tržby 12,53 mld. USD.
Abbott (ABT - Free Report) closed the most recent trading day at $92.71, moving -1.5% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 1.18%. Meanwhile, the Dow gained 0.59%, and the Nasdaq, a tech-heavy index, added 2.07%.
Prior to today's trading, shares of the maker of infant formula, medical devices and drugs had gained 9.95% outpaced the Medical sector's gain of 7.96% and the S&P 500's loss of 2.9%.
Analysts and investors alike will be keeping a close eye on the performance of Abbott in its upcoming earnings disclosure. The company's earnings report is set to go public on July 16, 2026. The company's earnings per share (EPS) are projected to be $1.28, reflecting a 1.59% increase from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $12.53 billion, indicating a 12.43% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $5.48 per share and revenue of $50.49 billion, which would represent changes of +6.41% and +13.9%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Abbott. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.02% higher. Abbott presently features a Zacks Rank of #4 (Sell).
Valuation is also important, so investors should note that Abbott has a Forward P/E ratio of 17.18 right now. This valuation marks a discount compared to its industry average Forward P/E of 18.95.
Meanwhile, ABT's PEG ratio is currently 1.62. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. ABT's industry had an average PEG ratio of 1.65 as of yesterday's close.
The Medical - Products industry is part of the Medical sector. This industry, currently bearing a Zacks Industry Rank of 169, finds itself in the bottom 31% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow ABT in the coming trading sessions, be sure to utilize Zacks.com.
Eli Lilly zakončila obchodování růstem o 1,81 % na 1 229,93 USD, čímž překonala denní zisk indexu S&P 500. Před zveřejněním výsledků trh očekává EPS 9,01 USD a tržby 20,44 miliardy USD.
Eli Lilly (LLY - Free Report) ended the recent trading session at $1,229.93, demonstrating a +1.81% change from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 1.18%. Elsewhere, the Dow saw an upswing of 0.59%, while the tech-heavy Nasdaq appreciated by 2.07%.
Heading into today, shares of the drugmaker had gained 9.33% over the past month, outpacing the Medical sector's gain of 7.96% and the S&P 500's loss of 2.9%.
The upcoming earnings release of Eli Lilly will be of great interest to investors. The company is expected to report EPS of $9.01, up 42.79% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $20.44 billion, showing a 31.39% escalation compared to the year-ago quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $35.67 per share and revenue of $85.6 billion. These totals would mark changes of +47.34% and +31.33%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Eli Lilly. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.02% higher. As of now, Eli Lilly holds a Zacks Rank of #3 (Hold).
In the context of valuation, Eli Lilly is at present trading with a Forward P/E ratio of 33.87. This denotes a premium relative to the industry average Forward P/E of 15.73.
Investors should also note that LLY has a PEG ratio of 1.33 right now. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Large Cap Pharmaceuticals industry currently had an average PEG ratio of 2.74 as of yesterday's close.
The Large Cap Pharmaceuticals industry is part of the Medical sector. This industry currently has a Zacks Industry Rank of 92, which puts it in the top 38% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
Melius Research zahájila pokrytí Seagate a Western Digital s doporučením koupit a cílovými cenami zhruba o 55 % nad aktuální cenou. Obě firmy těží z poptávky po AI, silných marží a vysokého volného cash flow.
CNBC’s Oliver Renick highlighted a split in investor sentiment on his Options Action segment this morning. Melius Research initiated coverage of Seagate and Western Digital as Buy-rated stocks, with price targets about 55% above current levels. Renick reported that options flow leaned bullish in each stock, with roughly twice as many calls bought as puts, but that overall volume was “surprisingly muted” compared with the heat in adjacent memory names.
Seagate: Margins and Cash Flow Reset Higher Seagate Technology (NASDAQ:STX | STX Price Prediction) closed its March quarter with revenue of $3.11 billion, up 44.1% year over year, and non-GAAP EPS of $4.10 against a $3.50 consensus. Non-GAAP gross margin printed at 47.0%, up from 36.2% a year earlier, and free cash flow reached $953 million versus $216 million in the prior-year quarter. The company also retired roughly $641 million in debt during the quarter.
CEO Dave Mosley framed the setup as durable, telling investors that, “Seagate is entering a new era of structural growth as AI applications amplify data creation and support sustained storage demand.” Guidance for the June quarter calls for revenue of $3.45 billion plus or minus $100 million and non-GAAP EPS of $5.00 plus or minus $0.20.
Western Digital: A Pure-Play HDD Story Crosses 50% Gross Margin Western Digital (NASDAQ:WDC), now a pure-play HDD company after the February 2025 spin-off of its Flash business into Sandisk, reported Q3 FY2026 revenue of $3.337 billion, up 45.47% year over year, with non-GAAP EPS of $2.72 versus a $2.392 estimate. Non-GAAP gross margin reached 50.5%, and free cash flow came in at $978 million.
CEO Irving Tan tied the result to AI workloads, stating that “Virtually every AI workload, from training, inference, agentic AI to physical AI, creates data that is stored persistently and cost-efficiently on HDDs.” Management also raised the quarterly cash dividend by 20% to $0.15 per share and repurchased $752 million of stock during the quarter. Q4 FY2026 guidance calls for revenue of about $3.65 billion, non-GAAP gross margin of 51%-52%, and non-GAAP EPS of $3.25 plus or minus $0.15.
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Memory Stocks Are Sending a Different Signal While Seagate and Western Digital attracted modestly bullish options activity, the rest of the memory sector looked far less optimistic. Renick noted that Micron was the most actively traded name of the morning, with nearly 300,000 options contracts changing hands and implied volatility around 100. Even so, the stock remained only slightly above its pre-earnings level, suggesting traders are still uncertain about its near-term direction.
SanDisk also came under pressure, with more than twice as many call options sold as bought. The bearish positioning coincided with reports that South Korean rivals SK Hynix and Samsung plan to invest roughly $500 billion in new manufacturing hubs. Renick also noted that the DRAM ETF was down 6.5%, underscoring the broader weakness across memory stocks.
What Investors Should Watch Next Melius Research believes Seagate and Western Digital are well positioned to benefit from a favorable supply-and-demand backdrop in hard disk drives, a thesis supported by both companies’ record margins, strong free cash flow, and improving shareholder returns.
The next signal to watch is whether options traders begin matching that optimism. If bullish options activity and trading volume increase, it could suggest broader investor confidence is building behind the analyst call. If traders continue favoring hedges in names like Micron and SanDisk instead, it would indicate investors remain cautious about the broader memory sector despite the bullish outlook for Seagate and Western Digital.
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