Preformed Line Products (NASDAQ:PLPC – Get Free Report) is anticipated to announce its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect Preformed Line Products to post earnings of $2.41 per share and revenue of $193.00 million for the quarter. Parties may review the information on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Friday, August 7, 2026 at 4:00 PM ET.
Preformed Line Products (NASDAQ:PLPC – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The technology company reported $2.14 EPS for the quarter, topping analysts’ consensus estimates of $1.82 by $0.32. Preformed Line Products had a net margin of 4.92% and a return on equity of 8.96%. The firm had revenue of $176.28 million during the quarter, compared to analysts’ expectations of $178.00 million.
Preformed Line Products Stock Performance PLPC stock opened at $311.22 on Monday. Preformed Line Products has a 1-year low of $139.04 and a 1-year high of $414.35. The firm has a market cap of $1.52 billion, a P/E ratio of 44.78 and a beta of 0.88. The business’s 50 day moving average is $362.35 and its 200-day moving average is $309.62. The company has a current ratio of 3.01, a quick ratio of 1.78 and a debt-to-equity ratio of 0.07.
Preformed Line Products Dividend Announcement The business also recently announced a quarterly dividend, which was paid on Monday, July 20th. Investors of record on Wednesday, July 1st were given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Wednesday, July 1st. Preformed Line Products’s dividend payout ratio (DPR) is 12.09%.
Wall Street Analysts Forecast Growth A number of brokerages have weighed in on PLPC. Freedom Capital cut Preformed Line Products from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 1st. Wall Street Zen upgraded Preformed Line Products from a “hold” rating to a “buy” rating in a research note on Saturday, June 6th. Finally, Weiss Ratings cut Preformed Line Products from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, April 29th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Preformed Line Products has a consensus rating of “Hold” and an average price target of $275.00.
Read Our Latest Analysis on Preformed Line Products
Institutional Trading of Preformed Line Products Several hedge funds have recently modified their holdings of the company. Russell Investments Group Ltd. raised its stake in shares of Preformed Line Products by 2,562.5% in the third quarter. Russell Investments Group Ltd. now owns 213 shares of the technology company’s stock valued at $42,000 after acquiring an additional 205 shares during the last quarter. Tower Research Capital LLC TRC grew its position in Preformed Line Products by 199.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 299 shares of the technology company’s stock worth $48,000 after acquiring an additional 199 shares during the last quarter. Royal Bank of Canada increased its holdings in Preformed Line Products by 132.4% during the 4th quarter. Royal Bank of Canada now owns 251 shares of the technology company’s stock valued at $52,000 after purchasing an additional 143 shares in the last quarter. State of Wyoming acquired a new stake in Preformed Line Products during the 2nd quarter valued at $63,000. Finally, BNP Paribas Financial Markets raised its position in Preformed Line Products by 102.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 492 shares of the technology company’s stock valued at $97,000 after purchasing an additional 249 shares during the last quarter. Institutional investors and hedge funds own 41.19% of the company’s stock.
About Preformed Line Products (Get Free Report)
Preformed Line Products Company (NASDAQ: PLPC) is a global manufacturer of engineered solutions for electric, telecommunications and industrial infrastructure networks. The company designs, engineers and produces a broad portfolio of products, including preformed wire and cable fittings, anchors, suspension and tension clamps, splice closures and optical fiber hardware. These durable components support the installation, repair and maintenance of overhead and underground systems, helping utilities and contractors manage reliability and safety in demanding environments.
Founded in 1947 and headquartered in Mayfield Village, Ohio, Preformed Line Products operates manufacturing facilities and distribution centers across North America, Europe and the Asia Pacific region.
Recommended Stories Five stocks we like better than Preformed Line Products RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit
Receive News & Ratings for Preformed Line Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Preformed Line Products and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEPharma Mar (PHMMF) Projected to Post Earnings on Wednesday
NEXT HEADLINE »Nordex (NRDXF) Expected to Release Earnings on Wednesday
Elon Musk's Space Exploration Technologies (SPCX -2.85%) completed its historic initial public offering (IPO) on Friday, June 12. The rocket and satellite company raised a record $75 billion at an unprecedented market value of $1.7 trillion.
SpaceX stock is down 42% from its post-IPO high, partly because some insiders will be allowed to sell shares two days after the company reports second-quarter financial results on August 4. But a rich valuation, debt issuance, and launch delays have also factored into the decline.
Nevertheless, Wall Street is overwhelmingly bullish. Among 37 analysts, SpaceX has a median target of $225 per share, implying 96% upside from its current share price of $115. My prediction is a little more conservative: I think SpaceX will trade at $167 per share by June 2027.
Here's why.
Image source: Getty Images.
SpaceX is chasing a $26.5 trillion opportunity in AI products and services SpaceX is a vertically integrated business that designs hardware and software across three operating segments: space, connectivity, and artificial intelligence. The company has a key competitive advantage in reusable rockets, which dramatically reduce launch costs. That economic moat has helped SpaceX build Starlink, the largest satellite internet service in the world.
SpaceX also runs two Colossus data centers, which collectively form the largest AI training cluster on the planet. Using its low-cost launch capabilities, massive satellite network, and AI expertise, the company plans to provide AI cloud services from orbital (space-based) data centers. Solar power and cold temperatures could solve the energy and cooling problems that limit terrestrial data centers.
"We believe we are the only company with a commercially viable path to building orbital AI compute at scale," SpaceX explains its SEC Form S-1. The company values its addressable market at $28.5 billion, and the vast majority of that sum ($26.5 trillion) is attributed to AI products and services.
Wall Street says SpaceX's revenue will grow at 102% annually through 2028 In the first quarter, SpaceX reported a net loss of $4.2 billion, but the company has plenty of cash on its balance sheet after raising $75 billion from its initial public offering (IPO) and AI revenue is likely to grow quickly in the quarters ahead. Anthropic and Alphabet have agreed to rent cloud capacity from SpaceX for monthly fees of $1.25 billion and $920 million, respectively.
SpaceX brought in revenue of $19.3 billion in the past year, and the company currently has a market value of $1.5 trillion as of July 25. Those figures give SpaceX a price-to-sales ratio of 78. That would be a very rich valuation in almost any circumstance, but it's tolerable here because Wall Street estimates sales will increase at 102% annually through 2028. In other words, SpaceX currently trades at about 11 times projected sales for 2028.
Today's Change
(
-2.85
%) $
-3.37
Current Price
$
114.87
History says SpaceX's stock price will increase 45% by June 2027 SpaceX had a market capitalization of $1.7 trillion at its IPO price of $135 per share. That made it the largest IPO in history by a wide margin. There is no perfect comparison, but we can look at how other large IPOs have performed to make an educated guess about where SpaceX is headed.
The following chart shows the 10 largest U.S. IPOs (as measured by market value at the IPO price) between 2016 and 2025. It also details how those stocks performed during their first year on the market.
IPO Stock
1-Year Return (Post-IPO)
Uber Technologies
(27%)
Airbnb
284%
Rivian Automotive
(58%)
Coinbase Global
(41%)
Venture Global
(60%)
Roblox
(8%)
DoorDash
62%
Rocket Companies
(3%)
Snowflake
170%
Robinhood Markets
(76%)
Average
24%
Data source: BlackRock. Note: Coinbase went public through a direct listing.
Among the 10 largest U.S. IPOs in history, the average stock returned 24% during its first year on the public market. If SpaceX follows that trajectory, the stock will trade at $167 per share in June 2027. That implies 45% upside from the current share price of $115.
I think $167 per share is a sensible forecast. It implies a market value of $2.1 trillion, which means the stock would trade at 30 times projected sales for 2027. That is not cheap, but it is much cheaper than the current valuation.
More importantly, even if I am wrong about SpaceX reaching $167 per share by June 2027, I think patient investors who buy the stock today will outperform the S&P 500 over the next five years. I would start with a small position and add shares if the stock continues to move lower.
Trevor Jennewine has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Airbnb, Alphabet, BlackRock, DoorDash, Roblox, Rocket Companies, Snowflake, and Uber Technologies. The Motley Fool recommends Coinbase Global. The Motley Fool has a disclosure policy.
By You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.
Discord is a popular messaging platform. Samuel Boivin/NurPhoto via Getty Images A woman alleges child abuse rings found her on Discord and Instagram as a teen, then blackmailed her into sending them nude and self-harm photos that they shared across the internet—leaving her with mental and physical scars.
Now she's suing both tech companies in a case her lawyers hope will be a "watershed moment" for holding social media sites accountable, as the FBI warns parents about a rising network of online extortion groups targeting kids.
The anonymous plaintiff made the allegations in a previously unreported lawsuit filed in San Francisco Superior Court in April.
The suit names three groups — CVLT, 764, and Greggy's Cult — that the FBI says groom children online and blackmail them. Multiple members of each group have been arrested by law enforcement.
Discord and Meta have faced scrutiny over their impact on children's mental health and safety. The case could also test whether these social media companies could be liable for criminal activity on their apps and whether Section 230 — the federal law shielding social media companies from user behavior — applies to such cases.
Discord and Meta declined to comment on this specific case. A Discord spokesperson said that disrupting the 764 network is one of its top priorities and that it has been cracking down on the group since 2021, when it first became aware of it. Discord says it works closely with law enforcement, has removed thousands of servers, and has banned hundreds of thousands of users associated with 764 and its affiliates.
The bulk of the plaintiff's claims are against Discord, "due to the stronger causal link between Discord's conduct and her injuries," her lawyers wrote in a filing. She also sued Meta because, she alleges, a CVLT member first contacted and groomed her on Instagram, which Meta owns.
The anonymous plaintiff's case is ongoing. In legal filings, Meta moved to have the case bundled with social media addiction cases. Discord wants the case dismissed entirely, arguing that federal law shields it from liability for content posted by its users.
A Meta spokesperson said CVLT is banned from its platforms and that it has strict policies to prevent child exploitation, suicide, and self-harm.
Meta also says it has specialized teams — including former law enforcement and prosecutors — working with the FBI on the issue, plus a 24/7 incident response team for imminent cases.
The lawsuit describes a 'cycle of fear'According to her complaint, the plaintiff's ordeal began at age 15, when a member of Greggy's Cult contacted her through a public Discord server. The New Mexico man, Zachary Dosch, allegedly persuaded her to send a video of herself masturbating and livestreamed it to other group members.
Dosch pleaded guilty to federal charges of distributing child-sexual-abuse material in 2023. He, along with four other Greggy's Cult members, was charged again in 2025, on allegations of extorting children, and he pleaded not guilty. A lawyer for Dosch didn't respond to a request for comment.
At 17, after the plaintiff began posting on Instagram about her mental health struggles, another man contacted her on Instagram, the suit alleges. The lawsuit says he turned out to be Collin John Thomas Walker, a member of CVLT, a child exploitation group described as "Neo-Nazi" by the FBI. The lawsuit claims Walker spent months "love bombing" her before finding out her home address and threatening her.
Walker allegedly coerced the plaintiff into obtaining her sexually explicit photos, which he then sent around CVLT's Discord server. He also allegedly coerced her to carve his username into her body, burn herself with candle wax, and starve herself to stay attractive — all while his account remained active on Instagram. Walker was later arrested and pleaded guilty to child exploitation charges in October 2025; a lawyer for Walker didn't respond to a request for comment.
The plaintiff's parents confiscated her phone and returned it when she turned 18 — at which point another online child abuse group called 764 recruited her on Discord, the suit said. She finally escaped by faking her own death, and by the end of May 2022, she "escaped the online hell she had been living in," the lawsuit states.
US law enforcement has arrested and charged multiple 764 members. The FBI said in a warning letter to parents in February that it's investigating more than 350 people tied to 764 and its affiliates.
The lawsuit alleges Discord and Meta's "permissive environments provided these predators with unfettered access, anonymity, and the ability to disseminate images and messages that deepened Plaintiff's trauma," resulting in a "cycle of fear, shame, and emotional despair."
The plaintiff suffers from post-traumatic stress disorder, permanent scars, and poor grades, her complaint says.
Discord and Meta face scrutiny in other statesJulie Erickson, one of the lawyers representing the plaintiff, told Business Insider she hopes the lawsuit will pave the way for tech companies to be held accountable for child exploitation rings operating on their platforms.
"We are hopeful that this is sort of a watershed moment," she said.
The suit follows other legal action against Discord over child predators allegedly operating on its platform. The states of Texas, Arkansas, New Jersey, and Nevada have each separately sued Discord since last year for allegedly failing to protect children online. The lawsuits are all ongoing.
Earlier this year, the parents of 13-year-old Jay Taylor — a Washington teen who died by suicide in 2022 after a 764 member allegedly pushed him toward it in a group chat — filed a wrongful death suit against Discord, alleging the company "abetted one of the most depraved and dangerous child abuse cults in modern history." Discord seeks to move the case to private arbitration, citing its terms of service. A Discord spokesperson said the company doesn't comment on legal matters.
Meta was previously found liable in a child exploitation case, a ruling it strongly disputes. In March, a New Mexico judge ordered Meta to pay $375 million for, in part, exposing children to sexual predators. New Mexico's attorney general says Meta plans to appeal.
Have a tip? Contact Charles via email at [email protected] or on Signal and WhatsApp at 628-282-2811. Use a personal email address, a nonwork WiFi network, and a nonwork device; here's our guide to sharing information securely.
Read next
Charles Rollet You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.
Charles Rollet is BI's tech correspondent in San Francisco. Prior to joining BI, Charles worked at TechCrunch covering startups and VC. Charles is based in the Bay Area, where he enjoys hiking with his dogs. You can contact Charles securely on Signal at charlesrollet.12 or +1-628-282-2811.
A Times examination details how the Silicon Valley giant used private talks with local officials to start a project big enough to cover nearly six square miles.
Alphabet (GOOG +0.24%) (GOOGL +0.58%) has some investors worried about how much it's spending on artificial intelligence (AI). In its second-quarter report, the company said it had negative free cash flow for the first time since going public way back in 2004, after spending $45 billion on capital expenditures last quarter. That's double what it spent a year ago, and it plans to spend even more over the next few years.
Management raised its full-year 2026 capital expenditure budget to between $195 billion and $205 billion alongside the earnings release. It also said capex will "increase significantly in 2027." In fact, a brief note in the company's 10-Q filing with the SEC revealed that it's already committed to spending another $811 billion, mostly on artificial intelligence.
Image source: Getty Images.
Alphabet's going all-in on AI While it won't show up on the company's balance sheet, Alphabet disclosed that it had entered into purchase commitments and other contractual obligations totaling $811 billion as of the end of the second quarter. That's a huge increase from the $332 billion in commitments it had signed at the end of the first quarter.
These long-term supply agreements help it secure its chip supply, data center construction, and energy services. It may secure a guaranteed supply or favorable rates to lock in these take-or-pay contracts years into the future. The company said it expects to generally fulfill all of its agreements by 2030, while the energy service agreements range from two years to 26 years, with obligations through 2054. As such, investors can expect massive capital expenditures through at least 2030, with energy contracts in place to serve its growing portfolio of data centers for decades to come.
Today's Change
(
0.58
%) $
1.84
Current Price
$
319.53
It's a huge bet on the continued demand for AI compute. Management has good reason to make that bet confidently. It saw its remaining performance obligations climb to $520 billion as of the end of June. On top of that, Alphabet says it's facing a severe shortage of compute capacity as it takes on massive, multi-year deals. As a result, it's planning to increase its capacity through third-party providers as a bridge until it can build out more capacity. While that will result in a short-term margin hit, the long-term benefits outweigh the cost.
Additionally, Alphabet is ramping up the direct sales of its custom Tensor Processing Unit (TPU) systems. That requires additional commitments to its chip design partners to ramp up sales in 2027 and beyond. Its inventory notably jumped from $2.4 billion to $10 billion last quarter, and the potential sales of TPUs could be another significant driver of its long-term supply agreements.
While some investors may balk at the $811 billion headline figure, Alphabet is positioning itself to capitalize on the massive opportunity ahead. While it will weigh on its cash flow over the next few years, the core operations remain cash cows, and the cloud business is producing very strong returns on invested capital.
Gold was among the gainers at the start of the week, as the metal started trading on Monday with gap higher and advanced around 1.5% in Asian trading.
Softer rhetoric in geopolitical front, after US and Iran paused hostilities, opening way for potential diplomatic action, eased inflation concerns and deflated expectations for Fed rate hikes in coming months.
The action weakened the US dollar and provided fresh boost to gold price which probed again through $4100 barrier after the recent weakness found footstep above key $4000 support zone.
The price moved to the upper side of near-term $3950/$4200 range that boosts optimism, however, daily technical structure is improving but still fragile (the price needs to sustain gains above 20DMA ($4072 to keep slight bullish bias, underpinned north-heading 14-d momentum on track to break into positive territory).
In such scenario, $4200 upper breakpoint will remain exposed, with firm break here to generate initial reversal signal and formation of base.
Fundamentals need to remain in current mode (or improve further) to continue underpinning near-term action.
Initial support lays at $4072 (20DMA) followed by $4052 (10DMA) loss of which would hurt fresh bulls and risk retest of range floor.
Silver (XAG/USD) rallies on Monday and trades around $59.45 at the time of writing, up 2.27% on the day. The white metal benefits from a sharp decline in Oil prices following renewed hopes for de-escalation between the United States (US) and Iran, a backdrop that strengthens expectations of a more accommodative monetary policy from major central banks.
Military tensions between the two countries have paused after US Ambassador to the United Nations Mike Waltz said US President Donald Trump had decided to suspend military strikes to allow more time for diplomacy. According to Reuters, an Iranian official also stated that Tehran would halt its attacks as long as Washington does the same.
This development is weighing heavily on Oil prices, with West Texas Intermediate (WTI) falling by nearly 8% at the time of press. Lower energy prices help ease concerns over persistently high inflation, reducing the likelihood of additional monetary tightening and supporting non-yielding assets such as Silver.
At the same time, lower US Treasury yields and a weaker US Dollar (USD) are providing additional support to the precious metal. Investors have scaled back expectations for further interest rate hikes as inflation risks linked to energy prices continue to fade.
Market attention now turns to the Federal Reserve (Fed) monetary policy decision on Wednesday. The central bank is widely expected to leave interest rates unchanged, but investors will closely scrutinize the policy statement and Chair Jerome Powell's remarks for further clues about the future path of monetary policy.
Silver FAQs Silver is a precious metal highly traded among investors. It has been historically used as a store of value and a medium of exchange. Although less popular than Gold, traders may turn to Silver to diversify their investment portfolio, for its intrinsic value or as a potential hedge during high-inflation periods. Investors can buy physical Silver, in coins or in bars, or trade it through vehicles such as Exchange Traded Funds, which track its price on international markets.
Silver prices can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can make Silver price escalate due to its safe-haven status, although to a lesser extent than Gold's. As a yieldless asset, Silver tends to rise with lower interest rates. Its moves also depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAG/USD). A strong Dollar tends to keep the price of Silver at bay, whereas a weaker Dollar is likely to propel prices up. Other factors such as investment demand, mining supply – Silver is much more abundant than Gold – and recycling rates can also affect prices.
Silver is widely used in industry, particularly in sectors such as electronics or solar energy, as it has one of the highest electric conductivity of all metals – more than Copper and Gold. A surge in demand can increase prices, while a decline tends to lower them. Dynamics in the US, Chinese and Indian economies can also contribute to price swings: for the US and particularly China, their big industrial sectors use Silver in various processes; in India, consumers’ demand for the precious metal for jewellery also plays a key role in setting prices.
Silver prices tend to follow Gold's moves. When Gold prices rise, Silver typically follows suit, as their status as safe-haven assets is similar. The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, may help to determine the relative valuation between both metals. Some investors may consider a high ratio as an indicator that Silver is undervalued, or Gold is overvalued. On the contrary, a low ratio might suggest that Gold is undervalued relative to Silver.
Since early June, Wall Street's major stock indexes have all rallied to fresh record highs. While artificial intelligence (AI) is the trend behind this surge in stock valuations, it's the "Magnificent Seven" that have done most of the heavy lifting. The Magnificent Seven is composed of:
Nvidia (NVDA -1.01%) Apple (AAPL +3.52%) Alphabet (GOOGL +0.58%)(GOOG +0.24%) Microsoft (MSFT +0.02%) Amazon (AMZN -0.70%) Meta Platforms (META -1.80%) Tesla (TSLA -2.14%) These are some of Wall Street's most influential businesses, and they're all, to some degree or another, dependent on the AI revolution for their future growth prospects. They're also companies with markedly different outlooks, based on their operating cash flow.
Image source: Getty Images.
Ranking the Magnificent Seven according to their forward-year cash flow While the time-tested price-to-earnings ratio is the safety blanket for investors when quickly evaluating mature businesses, it doesn't do justice to growth stocks (i.e., the Magnificent Seven). Given that these companies aggressively reinvest their cash flow into high-growth initiatives, future cash flow serves as a far better measure of value.
According to Wall Street's consensus cash-flow-per-share estimates for next year, here's how the Magnificent Seven rank from most (i.e., cheapest) to least attractive (as of July 23):
Meta Platforms: 9.44 times estimated forward-year cash flow Amazon: 10.36 Microsoft: 13.04 Alphabet: 14.87 Nvidia: 15.79 Apple: 28.82 Tesla: 64.71 Based on future cash flow, neither electric-vehicle maker Tesla nor iPhone titan Apple are particularly attractive. On the other hand, Meta and Amazon stand out for all the right reasons amid a historically expensive stock market.
Image source: Amazon.
Meta and Amazon are screaming bargains amid a pricey stock market Meta Platforms is the cheapest Magnificent Seven stock, which likely reflects the immediate benefits it's recognized by integrating generative AI into its social media advertising platforms. Companies having the ability to tailor static or video messages to users are improving click-through rates and enhancing Meta's already stellar ad pricing power.
Meta's predominantly ad-driven sales are also intricately tied to the health of the U.S. economy, which spends a disproportionate amount of time expanding. Advertising might not be a game-changing operating model, but businesses have demonstrated a willingness to pay a premium for Meta's services.
Today's Change
(
-1.80
%) $
-10.90
Current Price
$
595.20
Meanwhile, Amazon's ancillary segments have become its shining star. Though its dominant online marketplace still accounts for a majority of its revenue, cloud infrastructure services platform Amazon Web Services (AWS) generates the bulk of its operating income.
Since AWS integrated generative AI and large language model solutions into its platform, sales growth for this considerably higher-margin operating segment has reaccelerated. When coupled with excellent subscription pricing power with Prime and sustained double-digit advertising sales growth, it's easy to see why Wall Street analysts expect Amazon's full-year operating cash flow to more than double between 2025 and 2028.
Although bargains are few and far between at the moment, Meta and Amazon fit the bill.
Sean Williams has positions in Alphabet, Amazon, and Meta Platforms. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla. The Motley Fool has a disclosure policy.
Netflix (NFLX +1.73%), the streaming leader, has had quite an interesting year, to say the least.
Investors have watched the share price plummet some 41% over the past 12 months and 26% so far in 2026. The malaise has been punctuated by the failed bid to buy Warner Bros. Discovery (WBD -0.69%).
Last summer and fall, there was constant chatter that Netflix was the front-runner in the bidding war to acquire Warner Bros. Discovery (or rather, most but not all of its assets), but investors balked, thinking that Netflix was paying too much for assets that would be hard to integrate. There were also concerns that it would be saddled with debt, and that it would have to change its business model.
Then, when Paramount Skydance (PSKY -3.30%) swooped in with a large enough counter-bid to snatch Warner Bros. Discovery away from Netflix, some investors decried the loss of a potentially transformational purchase and asked, "OK, what's next?"
Image source: Getty Images.
Slowing revenue growth, rising margins Netflix has also dealt with declining revenue growth rates over the last few quarters. It grew 13% year over year in the second quarter, down from 16% in Q1 and 18% in Q4 2025.
Its guidance for Q3 calls for revenue of $13 billion, which would be 12% year-over-year growth. The company also narrowed its revenue forecast for 2026 to a range of $51 billion to $51.4 billion. The previous range was $50.7 billion to $51.7 billion.
On the other hand, viewership was up 2% in the first half of 2026, better than the 1.5% viewership growth rate in the first half of 2025.
Today's Change
(
1.73
%) $
1.19
Current Price
$
70.08
Further, its operating margin keeps rising. It was at 33% in Q2, up from 32% in Q1 and 24% in Q4 2025. The outlook calls for a 33% operating margin in Q3 and 31.5% for the year. That would be up from 29.5% in 2025.
The rising margins could have a lot to do with the growth of its higher-margin advertising sales. In 2026, Netflix expects to double its ad revenue to $3 billion.
It's time to buy I think the concerns are overblown. Netflix is still by far the streaming leader with the most hours of video watched and the most viewers.
Also, the company has lots of free cash flow. Netflix expects to have $12.5 billion in free cash flow in 2026, up from $10.1 billion in 2025. That provides solid ground on which to grow, possibly by getting more into streaming live TV events to boost engagement and ad revenue.
The slightly declining revenue growth rates and rising margins are signs of a maturing company -- and, in this case, one that remains the leader in its industry. The sell-off has brought down Netflix's valuation immensely. It is trading at just 21 times earnings, down from 63 times earnings a year ago. Its P/E ratio is at its lowest level in four years.
Wall Street is bullish on Netflix, with 68% of analysts rating it as a buy. Based on their median price target of $94.50, Netflix stock is expected to return about 37% over the next 12 months, so it looks like a strong buy right now.
, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against First Solar, Inc. ("First Solar" or "the Company") (NASDAQ: FSLR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of FSLR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: February 26, 2025 to February 24, 2026
DEADLINE: August 24, 2026
CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. First Solar overstated its ability to shift operations from Asia to the United States. The Company misled the market with its supposed plans to manage the impact of U.S. tariffs. Based on these facts, First Solar's public statements were false and materially misleading throughout the class period.
If you are a shareholder who suffered a loss, contact us to participate.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
Join the case to recover your losses.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
Geoff Yu at BNY argues that the Bank of England (BoE) is likely to keep policy unchanged despite energy-driven price pressures, as markets have already tightened financial conditions. He sees the United Kingdom's (UK) constrained fiscal space and potential tax-threshold relief as key for demand and gilt supply, judging current BoE tightening priced by markets as excessive but still supportive for British Pound (GBP) resilience.
BoE caution meets tight fiscal space"The BoE is not expected to shift its policy stance this week despite renewed price pressures from energy. To paraphrase Governor Andrew Bailey’s views on transmission mechanisms, the market is already doing the tightening for them. Mortgage rates have already rebounded significantly due to the recent rise in swap rates, and even if tensions de-escalate, the reversal process is asymmetric and unlikely to be swift."
"In our view, the fiscal outlook will make a bigger difference to policy expectations. The new government has already launched several initiatives that reflect fiscal relief, with a major package due in early Q4. Reports point to raising tax thresholds as the main goal, helping offset the effects of fiscal drag in recent years."
"We believe current BoE pricing of around 42bp in tightening by year end looks excessive, but upside growth surprises can help with GBP resilience."
"The BoE is expected to hold rates at 3.75%, with at most two dissents. Although headline inflation risk has picked up, the Monetary Policy Committee is even more minded to focus on softer inflation. Governor Andrew Bailey continues to stress that wage growth is also slowing."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. Know more.)
Micron faces a longer-term competitive challenge after CXMT’s Shanghai debut gave the Chinese memory-chip maker access to billions that could fund a rapid expansion in conventional DRAM.
MU closed at $920.95 on Friday, down 6.9%, before CXMT started trading on Monday.
CXMT opened 470% higher at 49.50 yuan, against an IPO price of 8.66 yuan, briefly lifting its valuation to about 3.3 trillion yuan, or $487 billion.
The company raised 57.92 billion yuan, or $8.6 billion, in Asia’s largest IPO of 2026.
The opening gain matters less for Micron than the capital behind it.
CXMT can use the proceeds to build factories, develop DRAM processes and support Beijing’s campaign to reduce China’s dependence on overseas memory suppliers.
Nomura initiated coverage with a Buy rating and a 116-yuan target based on 2028 earnings.
“The global supply of memory is unlikely to ease in the coming years,” analyst Donnie Teng wrote in a note.
The bank expects CXMT’s share of DRAM production to increase from about 10% to roughly 18% by the end of 2028.
Such growth would bring the Chinese producer closer to Samsung Electronics, SK Hynix and Micron, while giving it greater influence over industry supply.
CXMT’s first-day valuation does not make it Micron’s technological equal.
The more important signal is that public-market funding and government support could sustain several years of investment, even if memory prices and investment returns weaken during the next downturn.
SemiAnalysis estimates that CXMT’s production capacity could reach about 350,000 wafer starts per month by the end of 2026, only modestly below Micron’s estimated 385,000.
Ranked by wafer capacity, that would place CXMT close to becoming the industry’s third-largest supplier.
Most of CXMT’s output is directed towards conventional DDR and LPDDR memory used in smartphones, personal computers and mainstream servers.
These are markets where additional supply can influence prices more quickly than in technically demanding AI products.
That creates Micron’s hidden risk, as CXMT does not need to match Micron’s leading processes immediately.
Producing enough acceptable memory to replace imports in China and compete in price-sensitive markets could still pressure global commodity-DRAM prices, market share and margins.
Yet CXMT is not currently a low-cost rival.
SemiAnalysis estimates that its DDR5 cost per bit remains more than 30% above Micron, Samsung and SK Hynix. It said recent margin gains reflected unusually strong selling prices more than a structural improvement in manufacturing efficiency.
Micron remains better protected in high-bandwidth memory and data-centre DRAM, where qualification barriers, manufacturing complexity and customer relationships are stronger.
The company has said HBM4E development is progressing, with volume production expected in calendar 2027.
CXMT remains a small HBM supplier.
SemiAnalysis estimates that it held about 1% of global HBM wafer supply in 2025, but projects that share could reach 12% by 2028 as China channels more capacity towards domestic AI infrastructure.
Morgan Stanley analyst Joseph Moore recently described memory as becoming “increasingly THE bottleneck” for AI and agentic-computing systems.
That shortage supports Micron’s near-term pricing, earnings and capacity utilisation, making an immediate derailment of its AI-led cycle unlikely.
Following deliberation by its Board of Directors, TotalEnergies (Paris:TTE) (LSE: TTE) (NYSE: TTE) has decided to appeal the judgment rendered on 25 June 2026 by
With Alphabet recently upping its capital expenditure (capex) budget to a whopping $195 billion to $205 billion and saying it plans to spend significantly more on artificial intelligence (AI) infrastructure next year, it has likely opened the floodgates for spending to surge across the industry. While there has been concern about a spending slowdown, there are no signs of one in the near future.
Let's look at three top AI stocks to buy right now on this infrastructure spending surge.
Image source: The Motley Fool.
Nvidia A combination of a hypergrowth stock trading at a cheap valuation, Nvidia (NVDA -1.01%) tops the list of AI infrastructure stocks to buy. The company is the clear leader when it comes to AI model training and has established a wide moat through its CUDA software platform. Most early AI code was written using CUDA and optimized for its powerful graphics processing units (GPUs), which is why it dominates this lucrative market.
However, the company has not sat still, and it also remains well positioned for the inference and agentic AI markets. Its "acquisition" of Groq brought with it language processing units (LPUs) that help enhance its inference offering, while it's also developed its own ARM-based central processing units (CPUs), which play a big role in managing AI agents. At the same time, its networking portfolio has been one of the fastest-growing parts of its business.
Today's Change
(
-1.01
%) $
-2.10
Current Price
$
206.66
Nvidia has continued to see breakneck growth, and the company's transformation into a complete AI infrastructure player that can provide customers end-to-end server solutions for specific AI tasks could be its next big opportunity. With the stock trading at a forward price-to-earnings (P/E) ratio of just 16 times fiscal 2028 (ending January 2028) analyst estimates, this is a great stock to buy while it's cheap, with AI infrastructure spending set to surge.
SK Hynix With surging AI infrastructure spending, there will be a huge demand for high-bandwidth memory (HBM), which in turn will benefit SK Hynix (SKHY -8.81%). The Korean company invented HBM and is the leader in the space with over 50% market share. It is also the main supplier for Nvidia and the second-largest supplier for Alphabet's tensor processing units (TPUs).
HBM is a specialized form of DRAM (dynamic random-access memory) that gets packaged with GPUs and other AI chips. Right now, demand for HBM is surging while supply remains tight, boosting not just HBM prices but also DRAM pricing. The reason is that the big three DRAM makers are focused on HBM, and they can only increase capacity so much. HBM and AI chips are both manufactured using EUV (extreme ultraviolet lithography) machines, and only one company in the world, ASML, makes them. At the same time, HBM uses around three times the wafer capacity of ordinary DRAM, further constraining supply.
Today's Change
(
-8.81
%) $
-14.93
Current Price
$
154.57
SK Hynix has said the DRAM industry will see its largest-ever supply-demand imbalance next year and that the market will likely remain supply-constrained until at least 2030. This dynamic has allowed the company to sign long-term supply contracts with no price caps, positioning it to benefit from further DRAM price increases while also increasing its visibility. With the stock trading at a forward P/E of around 8, it looks like a top buy on surging AI infrastructure demand.
Broadcom As the co-developer of Alphabet's TPUs, Broadcom (AVGO -2.88%) will directly benefit from the search giant's increased AI data center spending. Meanwhile, other hyperscalers (owners of large data centers) have also turned to it to make their own custom chips, including Meta Platforms and OpenAI, while Anthropic has a deal in place to buy TPUs. The company has projected that its custom AI chip business will exceed $100 billion in fiscal 2027, and that number may be low.
Today's Change
(
-2.88
%) $
-11.29
Current Price
$
381.18
Meanwhile, Broadcom is also a leader in data center networking, a fast-growing business closely tied to AI infrastructure spending. With its non-AI business also poised to rebound, the company is poised to see massive growth in the coming years.
Trading at an attractive forward P/E of 19.5 times the fiscal 2027 consensus, this is a top AI infrastructure stock to buy.
, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Roblox Corporation ("Roblox" or "the Company") (NYSE: RBLX) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of RBLX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: October 30, 2025 to April 30, 2026
DEADLINE: August 7, 2026
CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Roblox misled investors about how age verification on its gaming platform would impact its growth prospects. The Company touted "tremendous organic growth" as it faced headwinds related to age verification and public perception. Based on these facts, Roblox's public statements were false and materially misleading throughout the class period.
If you are a shareholder who suffered a loss, contact us to participate.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
Join the case to recover your losses.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
Among the challenges confronting digital payments is deciding which forms of digital money belong inside the banking system, which belong alongside it, and how those pieces connect without creating new operational or regulatory blind spots.
During a “What’s Next in Payments” interview with David Trecker, vice president and head of strategy, digital assets at FIS, the executive described an ecosystem where several forms of digital money will coexist, each serving different business needs.
“You have to cover the waterfront because so much of the value of digital assets is the interoperability between the different types,” Trecker said. “How much focus you put on one versus the other really depends primarily on two things: what geographies you’re focused on and the customer segments you’re focused on.”
While central bank digital currencies have little momentum in the United States, Trecker said banks operating in Europe cannot ignore initiatives such as the digital euro. Financial institutions therefore face a planning exercise that is less about selecting one technology than preparing for several.
Banks also confront another balancing act. Stablecoins have established legitimate payment and settlement use cases, particularly for moving money and holding U.S. dollars outside the United States. At the same time, banks remain focused on protecting deposits, which remain the foundation of their funding model.
“Stablecoins can do things that commercial bank money can’t,” Trecker said. “Banks are now faced with a choice.”
They can either adopt stablecoins to deliver those outcomes for their customers, or they can find a viable alternative that can still deliver those things, but works with their business model, he told PYMNTS.
That thinking underpins the Keystone Network, a bank-owned initiative built around tokenized deposits while recognizing that community and regional institutions require a different roadmap than the nation’s largest financial institutions. Trecker argued that those banks need practical business enablement as much as they need blockchain infrastructure.
Network Design May Matter More Than Technology Much of today’s digital asset discussion centers on cross-border payments, wholesale settlement and multinational treasury operations. Trecker suggested that focus overlooks where many banks can generate value sooner.
Large global institutions already have natural applications for digital assets because they manage liquidity across jurisdictions and time zones. Continuous settlement and programmable treasury operations solve existing operational problems.
Regional and community banks operate under different conditions.
Rather than beginning with multinational treasury management, Trecker pointed to smart deposits, programmable commercial banking services, intra-bank liquidity management and tokenized real-world assets as examples where digital assets can produce measurable benefits without requiring a massive external network. Those projects allow institutions to gain operational experience before tackling broader interoperability across the industry.
He described that progression as moving from “single-player games” toward hub-and-spoke models before reaching broader network participation. Interbank settlement, correspondent banking and foreign exchange become more practical as banks establish trusted relationships among smaller groups of participants that share common objectives.
Trecker also said banks should pay close attention to customer behavior rather than waiting for perfect return-on-investment models before acting. He compared today’s environment with the early years of online banking, when customer expectations shifted before many institutions could produce traditional financial justifications for digital investment.
“The banking leaders of today all have seen a version of this movie before,” Trecker said. “The customers wanted it, and those who did not have it moved.”
That lesson carries particular weight for regional institutions accustomed to following larger competitors. Trecker questioned whether digital assets represent another cycle where banks can safely wait or whether customer demand will require some institutions to lead rather than follow.
Trecker noted that banks require clear accountability, consistent know-your-customer and Bank Secrecy Act controls, defined liability frameworks and complete transaction visibility before connecting with outside networks.
His broader advice for the industry centered on collaboration. Banks, particularly community and regional institutions, should view one another as natural partners rather than approaching digital assets solely through competitive positioning. Building larger banking networks around common standards, he said, offers a stronger long-term foundation than fragmented initiatives pursuing isolated use cases.
Watch the full interview with David Trecker to learn more about:
Why banks should recognize different forms of digital money as complementary rather than competing technologies. How customer behavior may become a stronger adoption signal than traditional ROI calculations. Why community banks and regional institutions could shape digital asset adoption through shared networks focused on domestic banking needs.
To add Benzinga News as your preferred source on Google, click here.
Posted In:
MarketsTrading IdeasPre-Market OutlookLong IdeasNewsEarningsEquitiesMarket SummaryStocks To Watch
Connect With Us
About Benzinga
About UsCareersAdvertiseContact UsMarket Resources
Advanced Stock Screener ToolsOptions Trading Chain AnalysisComprehensive Earnings CalendarDividend Investor Calendar and AlertsEconomic Calendar and Market EventsIPO Calendar and New ListingsMarket Outlook and AnalysisWall Street Analyst Ratings and TargetsTrading Tools & Education
Benzinga Pro Trading PlatformOptions Trading Strategies and NewsStock Market Trading Ideas and AnalysisTechnical Analysis Charts and IndicatorsFundamental Analysis and ValuationDay Trading Guides and StrategiesLive Investor EventsPre-market Stock Analysis and NewsCryptocurrency Market Analysis and NewsRing the Bell
A newsletter built for market enthusiasts by market enthusiasts. Top stories, top movers, and trade ideas delivered to your inbox every weekday before and after the market closes.
Cena zlata ve druhém čtvrtletí výrazně korigovala a zaznamenala nejhorší čtvrtletní výkon od roku 2013. Za poklesem stály především rostoucí očekávání vyšších úrokových sazeb v USA, silnější dolar a ústup části geopolitické rizikové prémie. Přesto analytici Invesca upozorňují, že dlouhodobé podpůrné faktory zůstávají nadále v platnosti. Mezi nejvýznamnější patří pokračující nákupy centrálních bank, zájem o diverzifikaci devizových rezerv a role zlata jako tradičního uchovatele hodnoty v období ekonomické a geopolitické nejistoty.
Cena zlata ve druhém čtvrtletí klesla o 14,1 %, čímž vymazala růst z prvního čtvrtletí. Od historického intradenního maxima dosaženého na konci ledna letošního roku se propadla o více než 1 500 USD za unci.
Volatilita se zvýšila už v dubnu, největší pokles však přišel v průběhu května a června. 24. června se zlato poprvé od listopadu 2025 krátce obchodovalo pod hranicí 4 000 USD za unci. V následujících dnech kolem této psychologicky významné úrovně kolísalo a čtvrtletí zakončilo na 4 008 USD za unci. Šlo o nejhorší výsledek od druhého čtvrtletí 2013, kdy cena zlata čtvrtletně propadla o 22,7 %. Takové korekce však nejsou po dlouhém období výrazného růstu nijak výjimečné a mohou být z dlouhodobého pohledu zdravou součástí vývoje trhu. Navzdory současnému poklesu je zlato za posledních dvanáct měsíců stále výš, a to o 21,3 %.
Přesto přetrvávají rizika dalšího oslabení. Nadcházející měsíce budou pro trh se zlatem klíčové. Investoři budou sledovat především reakci Fedu na vývoj inflace – zda se ukáže jako setrvalá, nebo začne díky nižším cenám ropy ustupovat – a také další vývoj amerického dolaru vůči ostatním hlavním měnám. Vyšší úrokové sazby i silnější dolar bývají pro zlato nepříznivé. Vyšší sazby totiž zvyšují alternativní náklady držby aktiva, které nenese žádný výnos, zatímco silnější dolar zdražuje zlato pro investory mimo Spojené státy.
Obrázek 1: Vývoj ceny zlata od 1. července 2025 do 30. června 2026
Zdroj: Bloomberg, data za období 12 měsíců do 30. června 2026.
Co stálo za poklesem ceny zlata? Inflace, dolar a očekávání ohledně Fedu
Za poklesem ceny zlata stálo několik vzájemně propojených faktorů. Především se zvýšily obavy, že inflace bude přetrvávat déle, než se dříve očekávalo, což znamená, že úrokové sazby mohou zůstat vyšší po delší dobu.
Americký dolar zároveň mírně posílil, částečně právě v reakci na změnu očekávání ohledně měnové politiky. Současně se snížila část geopolitické rizikové přirážky, protože trhy začaly věřit, že jednání mezi Spojenými státy a Íránem směřuje k uspokojivému výsledku.
Právě konflikt mezi oběma zeměmi vyvolal výrazné výkyvy cen energií a obrátil pozornost investorů k inflaci. Čím déle konflikt trvá, tím větší je riziko dlouhodobějších inflačních dopadů – nejen prostřednictvím cen ropy, ale i jejich sekundárních efektů v celé ekonomice.
Zdá se také, že investoři věří v postupný návrat inflace pod kontrolu, jak ukazují inflační očekávání (viz obrázek 2). Otázkou však zůstává, zda není tento optimismus předčasný vzhledem k aktuálním datům k inflaci a přetrvávající nejistotě kolem vztahů mezi USA a Íránem.
Obrázek 2: Inflační očekávání klesají navzdory stále vysoké inflaci
Zdroj: Bloomberg, data k 30. červnu 2026.
S příchodem nového předsedy Kevina Warshe se zdá, že Fed je odhodlán důrazněji řešit přetrvávající inflaci, takže možnost zvýšení sazeb se dostala zpět do hry. Ke konci druhého čtvrtletí tržní ocenění naznačovalo 33,7% pravděpodobnost zvýšení sazeb o 25 bazických bodů na konci července, přibližně 67% pravděpodobnost, že Fed zvýší sazby alespoň jednou do zářijového zasedání FOMC. Podle nástroje CME FedWatch činí pravděpodobnost, že budou sazby na konci roku vyšší než dnes, přibližně 83 %.
Obrázek 3: Očekávání trhu ohledně vývoje sazeb se během druhého čtvrtletí výrazně změnila
Zdroj: CME FedWatch Tool. Zobrazuje implikované pravděpodobnosti jednotlivých scénářů vývoje úrokových sazeb před zasedáním FOMC dne 16. září 2026.
Výhled pro zlato ve druhé polovině roku 2026
Navzdory současné korekci se domníváme, že většina dlouhodobých podpůrných faktorů pro zlato zůstává zachována. Jedním z nejvýznamnějších je pokračující poptávka centrálních bank, které diverzifikují své devizové rezervy. Podle nejnovějšího průzkumu World Gold Council (WGC) očekává rekordních 45 % oslovených centrálních bankéřů, že během příštích dvanácti měsíců zvýší objem svých zlatých rezerv. Celkem 89 % respondentů předpokládá, že celkové zásoby zlata držené centrálními bankami budou v příštím roce dále růst.
Stejný trend potvrzuje také studie Invesco Global Sovereign Asset Management Study 2026, podle níž většina centrálních bank během posledních tří let navýšila podíl zlata ve svých rezervách. Hlavními důvody jsou rostoucí globální volatilita, ochrana před inflací a geopolitická nejistota.
Poptávka centrálních bank je přitom na vývoj ceny zlata poměrně necitlivá. Naopak investiční poptávka bývá na cenovou dynamiku mnohem citlivější. Růst cen často přitahuje nové investory, zatímco jejich pokles může vést k realizaci zisků, zejména pokud investoři potřebují uvolnit kapitál pro jiné investice.
Významným zdrojem poptávky během dlouhodobého růstu zlata byly také nákupy investičních mincí a menších slitků drobnými investory. Bude proto důležité sledovat, jak na současnou cenovou korekci zareagují právě oni.
Pro drobné i institucionální investory však význam zlata nespočívá pouze v jeho schopnosti chránit před geopolitickými riziky, přestože historicky tuto roli často plnilo velmi dobře.
Zlato představuje účinný diverzifikační nástroj, protože vykazuje nízkou korelaci s většinou ostatních tříd aktiv, zejména s akciemi. Zároveň jde o jedinečné aktivum bez emitenta a bez úvěrového rizika, které si po staletí udržuje pověst spolehlivého uchovatele hodnoty v obdobích, kdy investoři ztrácejí důvěru v měny, instituce nebo fungování finančního systému.
V České republice je možné do zlata investovat prostřednictvím fondu Invesco Physical Gold ETC.
According to Bitget's market data, Brent crude oil has fallen below $86 per barrel, plunging 7.71% intraday.
10 minutes ago
A crypto whale spent approximately 35.85 million DAI to buy 18,030 ETH about 40 minutes ago.
According to EmberCN's monitoring, a crypto whale bought 18,030 ETH on-chain approximately 40 minutes ago using 35.85 million DAI, at an average price of $1,988.
10 minutes ago
Analysis: The US stock market bubble could exceed the level seen in 1929, the S&P 500 may face an extreme correction, and gold and silver have become safe-haven assets.
Senior macroeconomist and Goldmoney Head of Research Alasdair Macleod has warned that the current valuation bubble in U.S. stocks may have exceeded the level seen on the eve of the 1929 Great Depression, and financial markets are facing the risk of an "ultimate total crash." Macleod noted that imbalances in the U.S. Treasury market, reduced allocations by overseas buyers, and rising U.S. debt pressure could push Treasury yields higher, ultimately weighing on U.S. stock valuations. He argued that if market confidence reverses, the S&P 500 could face a value drawdown of more than 90%. The U.S. debt pile continues to rise, and the country may face $10 trillion to $11 trillion in financing and refinancing pressures over the next 12 months. With fewer buyers for U.S. Treasuries, the Federal Reserve may be forced to expand its balance sheet and print money to stabilize markets, further eroding the purchasing power of fiat currencies. Macleod believes modern financial assets are inherently dependent on credit systems; stocks, bank deposits, and U.S. dollar cash all carry counterparty risk to some degree, while gold and silver, as physical assets not reliant on government credit, could serve as safe-haven choices in extreme financial risk environments.
10 minutes ago
Liang Wenfeng's 827 million yuan unrealized profit from Changxin Technology's IPO subscription trended on Weibo's hot search list.
The news "Liang Wenfeng’s new share subscription for Changxin Technology yields 827 million yuan in paper profit" has landed on Weibo’s trending searches, currently ranking 15th. It is reported that Liang Wenfeng, founder of DeepSeek, participated in Changxin Technology’s IPO subscription through his private fund, with the related products generating an estimated 827 million yuan in unrealized paper profit on the stock’s first trading day. 153 funds under Ningbo Magic Quant and 41 funds under Zhejiang Nine Chapters Asset Management were on Changxin Technology’s IPO inquiry list. Changxin Technology’s share price surged sharply on its first listing day. Based on its allocated shares and first-day trading price, market estimates put the paper profit of Liang Wenfeng’s relevant private fund products at around 827 million yuan. This gain is an unrealized paper profit from fund holdings, not a realized gain for Liang Wenfeng personally.
10 minutes ago
Binance Alpha will list AEON at 18:00 today, and users holding more than 245 points are eligible to claim an airdrop of 250 tokens.
Official announcement: Binance Alpha will launch AEON (AEON) trading at 18:00 UTC+8 on July 27. Users holding at least 245 Binance Alpha points are eligible to claim a 250-AEON airdrop via the Alpha event page. If the event remains ongoing, the point threshold will automatically decrease by 5 points every five minutes. Claiming the airdrop consumes 15 Binance Alpha points, and users must confirm their claim on the Alpha event page within 24 hours; unconfirmed claims will be deemed forfeited.
10 minutes ago
Huobi HTX has launched perpetual contracts for ISRG, TWLO, LUNR, and EUL.
According to an official announcement, Huobi HTX launched ISRG/USDT, TWLO/USDT, LUNR/USDT, and EUL/USDT perpetual contracts on July 27, with a maximum leverage of 10x for all.
Decentralized cloud storage provider Storj Labs has filed for Chapter 11 bankruptcy protection. The company said it plans to keep its network running while restructuring legacy liabilities and exploring an ownership pathway for STORJ tokenholders.
On Sunday, Storj said it filed the voluntary case in the US Bankruptcy Court for the Northern District of West Virginia. The company said ordinary operations and customer services would continue during the process, subject to court oversight, while its parent company, Inveniam, would continue to support the business.
The restructuring could become an unusual test of whether utility-token holders can participate in the ownership of a company emerging from bankruptcy.
In an open letter to its community, Storj said its liabilities largely predate its current strategy and are too substantial to resolve through business growth alone. It said the network continues to operate normally and its token’s utility is unchanged.
STORJ showed no significant immediate price reaction following the announcement, trading around $0.072 at the time of writing, according to CoinGecko.
Storj explores equity pathway for tokenholdersStorj said management intends to propose a mechanism allowing tokenholders to participate in the reorganized company’s equity.
However, Storj has not disclosed how tokenholder eligibility would be determined, whether participation would involve a token snapshot or lockup, or how much equity might be allocated. The company acknowledged that any plan must follow bankruptcy priorities and receive court approval.
Cointelegraph reached out to Storj for comment but did not receive a response before publication.
Storj is among the crypto industry’s longest-running decentralized infrastructure projects. Storj began in 2014 as an open-source peer-to-peer cloud storage project that sought to let users rent storage from other network participants rather than rely on centralized providers.
Storj’s bankruptcy filing comes in the same month as at least two other crypto companies sought Chapter 11 protection.
Movement Labs filed under Subchapter V on July 15 after months of turmoil linked to its MOVE token, while Bitcoin mining pool Poolin filed on July 22 as it pursued a court-supervised sale of two Texas mining sites.
BitMEX also announced in July that it would shut down after 11 years, while BitMart said it would end trading on Aug. 26 before ceasing operations entirely on Jan. 31, 2027. Neither exchange announced a bankruptcy filing, with both instead opting for orderly wind-downs.
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Decentralized cloud storage provider Storj Labs has filed for Chapter 11 bankruptcy protection. The company said it plans to keep its network running while restructuring legacy liabilities and exploring an ownership pathway for STORJ tokenholders.
On Sunday, Storj said it filed the voluntary case in the US Bankruptcy Court for the Northern District of West Virginia. The company said ordinary operations and customer services would continue during the process, subject to court oversight, while its parent company, Inveniam, would continue to support the business.
The restructuring could become an unusual test of whether utility-token holders can participate in the ownership of a company emerging from bankruptcy.
In an open letter to its community, Storj said its liabilities largely predate its current strategy and are too substantial to resolve through business growth alone. It said the network continues to operate normally and its token’s utility is unchanged.
STORJ showed no significant immediate price reaction following the announcement, trading around $0.072 at the time of writing, according to CoinGecko.
Storj explores equity pathway for tokenholdersStorj said management intends to propose a mechanism allowing tokenholders to participate in the reorganized company’s equity.
However, Storj has not disclosed how tokenholder eligibility would be determined, whether participation would involve a token snapshot or lockup, or how much equity might be allocated. The company acknowledged that any plan must follow bankruptcy priorities and receive court approval.
Cointelegraph reached out to Storj for comment but did not receive a response before publication.
Storj is among the crypto industry’s longest-running decentralized infrastructure projects. Storj began in 2014 as an open-source peer-to-peer cloud storage project that sought to let users rent storage from other network participants rather than rely on centralized providers.
Storj’s bankruptcy filing comes in the same month as at least two other crypto companies sought Chapter 11 protection.
Movement Labs filed under Subchapter V on July 15 after months of turmoil linked to its MOVE token, while Bitcoin mining pool Poolin filed on July 22 as it pursued a court-supervised sale of two Texas mining sites.
BitMEX also announced in July that it would shut down after 11 years, while BitMart said it would end trading on Aug. 26 before ceasing operations entirely on Jan. 31, 2027. Neither exchange announced a bankruptcy filing, with both instead opting for orderly wind-downs.
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Storj Labs has filed for Chapter 11 bankruptcy protection after raising about $35 million through venture funding, grants and its 2017 STORJ token sale.
Summary
Storj filed Chapter 11 to restructure legacy debt while maintaining its decentralized cloud storage services. The company plans to propose shared ownership for management, investors, community members, and STORJ holders. STORJ fell after the filing, while token utility and network operations remained unchanged, Storj said. The company filed the case on July 26 in the U.S. Bankruptcy Court for the Northern District of West Virginia under case number 5:26-bk-00512.
According to Storj’s official restructuring announcement, the filing aims to address older financial obligations while allowing the decentralized cloud storage company to continue operating. Storj said customer services, its network and its main business would continue during the court process, subject to bankruptcy rules and court approval.
Storj seeks to address legacy debt Storj described the Chapter 11 case as a restructuring rather than a shutdown. The company said it plans to continue normal operations while it works through debts linked to an earlier stage of the business. However, the announcement did not provide a full list of assets, liabilities or creditors.
Kaloyan Raev, Storj’s director of software engineering, said the business was “strong and right-sized” but remained held back by “legacy obligations from an earlier chapter.” The statement reflects the company’s position, but the bankruptcy court will still review its finances, creditor claims and any proposed reorganization plan.
Storj also said it has narrowed its focus to its core cloud business. It is disposing of earlier acquisitions and non-essential operations as part of that process. Inveniam supports the restructuring and said the company should return its attention to distributed storage, compute and file-access services.
Inveniam announced an agreement to acquire Storj in October 2025. The companies said Storj would remain a separate legal entity and operate as an Inveniam subsidiary. They also said existing customer, supplier and community relationships would remain in place.
Services expected to continue during Chapter 11 Storj said it “does not anticipate any interruptions” to customer services during the bankruptcy process. That wording expresses an expectation rather than a guarantee. The company must continue meeting its obligations under bankruptcy law, and some business decisions may require approval from the court.
The Storj network uses independent storage providers to supply unused storage capacity. Customers can access distributed cloud storage through tools designed to work with common business systems. The STORJ token supports payments across parts of the network, including compensation for node operators who provide storage and bandwidth.
The company’s official website continued to advertise cloud storage, file access and compute products after the filing. Storj has not announced changes to the token’s network role. Still, the bankruptcy concerns Storj Labs as a company, and the court process may shape its ownership, finances and business structure.
Before the filing, Storj had also adjusted parts of its cloud storage business. The company announced new storage and egress prices that took effect on July 1, 2026, while maintaining separate terms for some customers using older plans.
Token holders may join ownership proposal Storj said management, community members, STORJ holders, current investors and possible new investors could share ownership of the reorganized company. The announcement described this as a plan, not a completed arrangement. It did not state how many token holders could qualify or how ownership would be allocated.
Any ownership proposal must appear in a formal Chapter 11 plan and receive the required creditor support and court approval. Storj has not disclosed conversion terms, eligibility rules, valuation details or a timetable. Therefore, holding STORJ does not currently give a confirmed right to shares in the reorganized business.
The proposed structure differs from the court-supervised asset-sale approach used by some other crypto companies. As crypto.news reported, Poolin entered Chapter 11 while pursuing a sale of its Texas bitcoin mining assets. The mining company reported about $173.1 million in obligations before filing.
Similarly, Movement Labs filed for Chapter 11 in July with liabilities that could reach $10 million. Meanwhile, a separate developer said work on the Movement blockchain would continue despite the original company’s bankruptcy case.
Storj raised about $35 million before filing Storj completed a $30 million STORJ token sale in May 2017. The sale reached its target in seven days, although the company had initially scheduled it to remain open until June 19. Participants received STORJ tokens that they could use within the storage ecosystem.
The company also raised traditional funding before and around the token sale. Storj announced a$3 million seed round in February 2017 to support development of its distributed cloud storage platform. The round included investors linked to Qualcomm Ventures and Techstars.
CB Insights funding data places Storj’s total equity funding at about $5.05 million across six rounds. Combined with the token sale, the publicly reported amount reaches roughly $35 million.
Inveniam’s October 2025 acquisition announcement said Storj would retain its existing services, leadership and community relationships. It also said the STORJ token would remain part of the company’s decentralized infrastructure.
The bankruptcy filing came about nine months after that acquisition announcement. Storj has not yet released a full reorganization plan, detailed creditor schedule or final ownership terms. Future court filings should provide more information about its debts, available financing, asset sales and the proposed role for token holders.
Merkeziyetsiz bulut depolama ve bilgi işlem hizmetleri sunan Storj Labs, geçmiş dönemlerden kalan mali yükümlülüklerini yeniden yapılandırmak amacıyla ABD’de Chapter 11 iflas korumasına başvurdu. Şirket, bu sürecin faaliyetlerini sonlandırmak için değil, finansal yapısını güçlendirmek amacıyla başlatıldığını vurgularken, STORJ token sahiplerini ilgilendiren yeni bir ortaklık modeli üzerinde de çalışıldığını açıkladı.
Storj Labs Chapter 11 Korumasına Başvurdu Storj Labs, 26 Temmuz 2026 tarihinde Batı Virginia Kuzey Bölgesi ABD İflas Mahkemesi’ne gönüllü yeniden yapılandırma başvurusu yaptığını duyurdu. Şirket, sürecin 5:26-bk-00512 numaralı dosya kapsamında yürütüleceğini belirtti. Mahkeme kayıtlarına göre Storj Labs’ın varlıklarının ve yükümlülüklerinin 1 milyon dolar ile 10 milyon dolar arasında olduğu tahmin edilirken, şirketin 1 ila 49 arasında alacaklıya sahip olduğu bildirildi. İflas koruması haberinin ardından STORJ token üzerinde de satış baskısı görüldü.
İlginizi Çekebilir: Trump İran Saldırılarını Neden Durdurdu? Mühimmat Krizi Büyüyor
Storj yönetimi, Chapter 11 başvurusunun operasyonların duracağı anlamına gelmediğinin altını çizdi. Yapılan açıklamaya göre merkeziyetsiz depolama ağı, müşterilere sunulan hizmetler ve şirket ekibinin çalışmaları normal şekilde devam edecek. Şirket, yeniden yapılandırma sürecinin mevcut iş modelinden önce oluşan tarihi mali yükümlülükleri çözmeyi hedeflediğini belirtti. Ana hissedar Inveniam’ın finansal desteğinin sürdüğü ve operasyonların kontrollü şekilde devam ettiği ifade edildi.
Storj’dan Açıklama Şirket tarafından yapılan açıklamada şu ifadelere yer verildi:
“Bugün Storj, mevcut stratejimizden önce oluşan geçmiş yükümlülükleri çözmek amacıyla hızlandırılmış ve mahkeme gözetiminde yürütülecek gönüllü bir mali yeniden yapılandırma süreci başlattı. İşletme ve ağ normal şekilde çalışmaya devam ediyor.”
Ayrıca çalışan maaşları ile yeniden yapılandırma sürecinden sonra oluşacak ticari yükümlülüklerin, mahkemenin gerekli onayları doğrultusunda karşılanmasının planlandığı belirtildi.
Şirketin dikkat çeken açıklamalarından biri de STORJ token sahiplerini ilgilendiren yeni mülkiyet modeli oldu. Storj yönetimi, yeniden yapılandırma sonrasında şirketin sahiplik yapısına yönetim ekibi, yatırımcılar, merkeziyetsiz ağ topluluğu ve STORJ token sahiplerinin de dahil olabileceği bir model üzerinde çalışıldığını açıkladı. Ancak şirket, token sahiplerine sağlanabilecek olası hakların henüz kesinleşmediğini vurguladı. Katılım şartları, dağıtım mekanizması ve diğer detayların hazırlanacak yeniden yapılandırma planı kapsamında mahkemenin onayına sunulacağı ifade edildi. Öte yandan Storj, Chapter 11 sürecinin STORJ tokeninin ağ içindeki kullanım alanlarını değiştirmeyeceğini ve yeniden yapılandırma tamamlanana kadar token fiyatına ilişkin herhangi bir değerlendirme yapılmayacağını da bildirdi.
Değerlendirme Storj Labs’ın Chapter 11 korumasına başvurması, şirketin faaliyetlerini sonlandıracağı anlamına gelmiyor. Yönetim, finansal yapıyı güçlendirmeyi ve geçmişten kalan yükümlülükleri yeniden yapılandırmayı hedefliyor. Sürecin en dikkat çeken başlıklarından biri ise STORJ token sahiplerini kapsayabilecek yeni ortaklık modeli oldu. Yeniden yapılandırmanın nasıl sonuçlanacağı ve mahkemenin vereceği kararlar, hem şirketin geleceği hem de STORJ ekosistemi açısından yakından takip edilecek.
Son dakika kripto para haberleri için hemen tıkla
Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.
According to Bitget's market data, Brent crude oil has fallen below $86 per barrel, plunging 7.71% intraday.
10 minutes ago
A crypto whale spent approximately 35.85 million DAI to buy 18,030 ETH about 40 minutes ago.
According to EmberCN's monitoring, a crypto whale bought 18,030 ETH on-chain approximately 40 minutes ago using 35.85 million DAI, at an average price of $1,988.
10 minutes ago
Analysis: The US stock market bubble could exceed the level seen in 1929, the S&P 500 may face an extreme correction, and gold and silver have become safe-haven assets.
Senior macroeconomist and Goldmoney Head of Research Alasdair Macleod has warned that the current valuation bubble in U.S. stocks may have exceeded the level seen on the eve of the 1929 Great Depression, and financial markets are facing the risk of an "ultimate total crash." Macleod noted that imbalances in the U.S. Treasury market, reduced allocations by overseas buyers, and rising U.S. debt pressure could push Treasury yields higher, ultimately weighing on U.S. stock valuations. He argued that if market confidence reverses, the S&P 500 could face a value drawdown of more than 90%. The U.S. debt pile continues to rise, and the country may face $10 trillion to $11 trillion in financing and refinancing pressures over the next 12 months. With fewer buyers for U.S. Treasuries, the Federal Reserve may be forced to expand its balance sheet and print money to stabilize markets, further eroding the purchasing power of fiat currencies. Macleod believes modern financial assets are inherently dependent on credit systems; stocks, bank deposits, and U.S. dollar cash all carry counterparty risk to some degree, while gold and silver, as physical assets not reliant on government credit, could serve as safe-haven choices in extreme financial risk environments.
10 minutes ago
Liang Wenfeng's 827 million yuan unrealized profit from Changxin Technology's IPO subscription trended on Weibo's hot search list.
The news "Liang Wenfeng’s new share subscription for Changxin Technology yields 827 million yuan in paper profit" has landed on Weibo’s trending searches, currently ranking 15th. It is reported that Liang Wenfeng, founder of DeepSeek, participated in Changxin Technology’s IPO subscription through his private fund, with the related products generating an estimated 827 million yuan in unrealized paper profit on the stock’s first trading day. 153 funds under Ningbo Magic Quant and 41 funds under Zhejiang Nine Chapters Asset Management were on Changxin Technology’s IPO inquiry list. Changxin Technology’s share price surged sharply on its first listing day. Based on its allocated shares and first-day trading price, market estimates put the paper profit of Liang Wenfeng’s relevant private fund products at around 827 million yuan. This gain is an unrealized paper profit from fund holdings, not a realized gain for Liang Wenfeng personally.
10 minutes ago
Binance Alpha will list AEON at 18:00 today, and users holding more than 245 points are eligible to claim an airdrop of 250 tokens.
Official announcement: Binance Alpha will launch AEON (AEON) trading at 18:00 UTC+8 on July 27. Users holding at least 245 Binance Alpha points are eligible to claim a 250-AEON airdrop via the Alpha event page. If the event remains ongoing, the point threshold will automatically decrease by 5 points every five minutes. Claiming the airdrop consumes 15 Binance Alpha points, and users must confirm their claim on the Alpha event page within 24 hours; unconfirmed claims will be deemed forfeited.
10 minutes ago
Huobi HTX has launched perpetual contracts for ISRG, TWLO, LUNR, and EUL.
According to an official announcement, Huobi HTX launched ISRG/USDT, TWLO/USDT, LUNR/USDT, and EUL/USDT perpetual contracts on July 27, with a maximum leverage of 10x for all.
Key Takeaways On July 26, Storj Labs submitted a Chapter 11 bankruptcy petition in West Virginia’s federal bankruptcy court Prior to filing, the decentralized storage company secured approximately $35 million through venture capital and a 2017 token offering The company intends to maintain uninterrupted network operations and customer support throughout the reorganization A proposed equity conversion mechanism for STORJ token holders is under development Two additional cryptocurrency firms entered Chapter 11 proceedings during July 2026 On July 26, 2026, Storj Labs initiated Chapter 11 bankruptcy proceedings in the US Bankruptcy Court for the Northern District of West Virginia. The filing appears under case number 5:26-bk-00512.
Storj Labs Files for Chapter 11 Bankruptcy After Raising Approximately $35 Million
Storj Labs, the company behind decentralized cloud storage network Storj, has voluntarily filed for Chapter 11 bankruptcy protection to address legacy debt while continuing operations.
The… pic.twitter.com/UkF8qiMkB6
— Wu Blockchain (@WuBlockchain) July 27, 2026
According to the company’s statements, the financial difficulties trace back to legacy liabilities connected to previous business operations. Kaloyan Raev, serving as director of software engineering at Storj, characterized the current business as operationally sound and appropriately sized, but burdened by historical financial obligations.
Prior to this bankruptcy petition, Storj Labs successfully raised approximately $35 million in capital. This figure encompasses a $30 million STORJ token offering that concluded in May 2017, a $3 million seed investment round disclosed in February 2017, and roughly $5 million in additional equity financing distributed across six separate funding rounds.
The bankruptcy filing follows approximately nine months after Inveniam, a data infrastructure firm, revealed its planned acquisition of Storj Labs in October 2025. Inveniam has indicated its commitment to backing the company throughout the Chapter 11 restructuring proceedings.
Service Continuity Maintained Throughout Bankruptcy Process According to Storj Labs, customers should not anticipate any service disruptions during the Chapter 11 reorganization. The decentralized network functions through independent storage node operators who receive STORJ token compensation for contributing storage capacity and bandwidth resources.
The company emphasized that the STORJ token maintains its functional purpose within the network ecosystem without changes. At the time of filing, CoinGecko data showed STORJ tokens trading near $0.072, with the announcement generating minimal immediate price volatility.
Storj Price As part of the restructuring strategy, Storj Labs is streamlining its business operations. The company plans to divest previous acquisitions and non-core business units.
Equity Participation Proposed for Token Community Management at Storj Labs has announced intentions to develop a framework enabling STORJ token holders to acquire equity stakes in the post-reorganization entity. The proposed ownership structure may include participation from existing management, current investors, community stakeholders, and potentially new capital partners.
Details regarding eligibility criteria, potential token snapshot requirements, lockup provisions, or the percentage of equity allocated remain undisclosed. Any restructuring plan requires approval from creditors and final authorization from the bankruptcy court.
This restructuring strategy contrasts with other recent cryptocurrency bankruptcy cases. Bitcoin mining operation Poolin, which similarly filed Chapter 11 in July, is proceeding with a court-supervised liquidation of its Texas-based mining facilities. Movement Labs submitted a Subchapter V filing in July, reporting potential liabilities as high as $10 million.
Storj Labs has yet to release a comprehensive reorganization blueprint, complete creditor listing, or finalized ownership terms. Additional court documents expected in coming weeks should illuminate the company’s total debt obligations and the specific framework for tokenholder participation.
According to Bitget's market data, Brent crude oil has fallen below $86 per barrel, plunging 7.71% intraday.
10 minutes ago
A crypto whale spent approximately 35.85 million DAI to buy 18,030 ETH about 40 minutes ago.
According to EmberCN's monitoring, a crypto whale bought 18,030 ETH on-chain approximately 40 minutes ago using 35.85 million DAI, at an average price of $1,988.
10 minutes ago
Analysis: The US stock market bubble could exceed the level seen in 1929, the S&P 500 may face an extreme correction, and gold and silver have become safe-haven assets.
Senior macroeconomist and Goldmoney Head of Research Alasdair Macleod has warned that the current valuation bubble in U.S. stocks may have exceeded the level seen on the eve of the 1929 Great Depression, and financial markets are facing the risk of an "ultimate total crash." Macleod noted that imbalances in the U.S. Treasury market, reduced allocations by overseas buyers, and rising U.S. debt pressure could push Treasury yields higher, ultimately weighing on U.S. stock valuations. He argued that if market confidence reverses, the S&P 500 could face a value drawdown of more than 90%. The U.S. debt pile continues to rise, and the country may face $10 trillion to $11 trillion in financing and refinancing pressures over the next 12 months. With fewer buyers for U.S. Treasuries, the Federal Reserve may be forced to expand its balance sheet and print money to stabilize markets, further eroding the purchasing power of fiat currencies. Macleod believes modern financial assets are inherently dependent on credit systems; stocks, bank deposits, and U.S. dollar cash all carry counterparty risk to some degree, while gold and silver, as physical assets not reliant on government credit, could serve as safe-haven choices in extreme financial risk environments.
10 minutes ago
Liang Wenfeng's 827 million yuan unrealized profit from Changxin Technology's IPO subscription trended on Weibo's hot search list.
The news "Liang Wenfeng’s new share subscription for Changxin Technology yields 827 million yuan in paper profit" has landed on Weibo’s trending searches, currently ranking 15th. It is reported that Liang Wenfeng, founder of DeepSeek, participated in Changxin Technology’s IPO subscription through his private fund, with the related products generating an estimated 827 million yuan in unrealized paper profit on the stock’s first trading day. 153 funds under Ningbo Magic Quant and 41 funds under Zhejiang Nine Chapters Asset Management were on Changxin Technology’s IPO inquiry list. Changxin Technology’s share price surged sharply on its first listing day. Based on its allocated shares and first-day trading price, market estimates put the paper profit of Liang Wenfeng’s relevant private fund products at around 827 million yuan. This gain is an unrealized paper profit from fund holdings, not a realized gain for Liang Wenfeng personally.
10 minutes ago
Binance Alpha will list AEON at 18:00 today, and users holding more than 245 points are eligible to claim an airdrop of 250 tokens.
Official announcement: Binance Alpha will launch AEON (AEON) trading at 18:00 UTC+8 on July 27. Users holding at least 245 Binance Alpha points are eligible to claim a 250-AEON airdrop via the Alpha event page. If the event remains ongoing, the point threshold will automatically decrease by 5 points every five minutes. Claiming the airdrop consumes 15 Binance Alpha points, and users must confirm their claim on the Alpha event page within 24 hours; unconfirmed claims will be deemed forfeited.
10 minutes ago
Huobi HTX has launched perpetual contracts for ISRG, TWLO, LUNR, and EUL.
According to an official announcement, Huobi HTX launched ISRG/USDT, TWLO/USDT, LUNR/USDT, and EUL/USDT perpetual contracts on July 27, with a maximum leverage of 10x for all.
The Pound to US Dollar (GBP/USD) exchange rate fell to a two-week low last week as surging energy prices and escalating tensions in the Middle East boosted demand for the safe-haven US Dollar while Sterling came under pressure.
At the time of writing, GBP/USD was trading around $1.3317, down approximately 1% over the week.
Latest — Exchange Rates:
Pound to Dollar (GBP/USD): 1.335557 (+0.23%)
Euro to Dollar (EUR/USD): 1.139973 (+0.25%)
Dollar to Yen (USD/JPY): 163.59142 (-0.16%)
DAILY RECAP:
The US Dollar (USD) strengthened against most major currencies last week as tensions in the Middle East continued to escalate.
Demand for the safe-haven currency was initially restrained as global risk appetite remained surprisingly resilient through the first half of the week.
However, the US Dollar gathered momentum later in the session as investors sought defensive assets after global oil prices climbed above US$100 a barrel following Yemen’s Houthi rebels expanding the conflict from the Gulf into the Red Sea.
Toward the end of the week, US President Donald Trump also unsettled markets after announcing new "forced labour" tariffs on more than 80 countries, adding another layer of uncertainty for investors.
Meanwhile, the Pound (GBP) came under sustained pressure as rising UK government borrowing costs unsettled financial markets.
Although soaring global energy prices contributed to higher gilt yields, investors also focused on Prime Minister Andy Burnham's first wave of cost-of-living measures.
The government's tax relief plans prompted fresh questions over how the proposals would be funded while remaining within Labour's fiscal rules.
A busy run of UK economic data failed to change the broader narrative. Strong employment figures and better-than-expected retail sales offered some support, but softer inflation weakened expectations for another Bank of England (BoE) interest rate hike in the near term.
Near-Term GBP/USD Forecast: Fed and BoE Rate Decisions in the Spotlight Looking ahead, attention will centre on this week's interest rate decisions from both the Federal Reserve and the Bank of England.
The Federal Reserve is expected to leave rates unchanged, but investors will closely examine policymakers' guidance for any indication that another interest rate hike could still be delivered before the end of the summer.
The latest US GDP figures later in the week may also influence the US Dollar if second-quarter growth accelerates as expected.
Meanwhile, markets also expect the Bank of England to keep interest rates on hold, leaving the focus on its guidance and whether policymakers emphasise the growing economic challenges facing the UK while maintaining a cautious tone.
Exchange Rates UK Research Our currency coverage draws on live market data, official economic releases and published bank research.
GBP/CAD could recover towards 1.8900 this week, although the Bank of England decision, UK fiscal concerns and volatile oil prices will determine whether the rebound can hold. The Pound to Canadian Dollar exchange rate (GBP/CAD) opened the new week near CA$1.8820, having recovered from last week’s three-week low around CA$1.8740.
GBP/CAD nevertheless ended the previous week approximately 0.4% lower, as UK fiscal concerns weighed on Pound Sterling while rising oil prices supported the commodity-linked Canadian Dollar.
Latest — Exchange Rates:
Pound to Canadian Dollar (GBP/CAD): 1.8819 (+0.20%)
Euro to Canadian Dollar (EUR/CAD): 1.608296 (+0.35%)
Dollar to Canadian Dollar (USD/CAD): 1.4096 (+0.01%)
Image: GBP/CAD Technical Outlook Ahead of the Bank of England Decision Near-term momentum has improved after GBP/CAD moved back above the 1.8800 area.
The 15-minute chart shows the pair holding above its short-term moving average and session VWAP, while the relative strength index remains positive without signalling an extreme overbought position.
Initial resistance is located around 1.8830. A sustained break above this level could open the way towards 1.8870 and then the psychologically important 1.8900 area.
On the downside, 1.8800 is the first support to watch. A break beneath 1.8780 would weaken the recovery and expose last week’s low near 1.8740.
Near-Term GBP/CAD Forecast: Bank of England Holds the Key Thursday’s Bank of England decision will provide the week’s main test for Sterling.
The Bank is widely expected to leave interest rates unchanged at 3.75%, meaning the vote split, updated forecasts and guidance on future tightening will be more important than the decision itself.
At the previous meeting, two Monetary Policy Committee members voted for an immediate increase to 4.00%.
Further concern about the inflationary impact of elevated energy prices could therefore reinforce expectations that the Bank may raise rates later this year.
A relatively hawkish decision, particularly one that keeps a September increase under consideration, would support a GBP/CAD move through 1.8830 and towards 1.8900.
However, Pound Sterling could retreat if the Bank emphasises weaker growth, softer headline inflation or the risk that higher energy costs will damage demand rather than create persistent domestic inflation.
UK political and fiscal developments will remain an additional risk.
The Pound struggled last week after Prime Minister Andy Burnham appointed John Healey as Chancellor and investors questioned how the government’s proposed tax reductions would be funded.
This political uncertainty overshadowed stronger-than-expected UK retail sales and business activity figures, preventing Sterling from making a sustained recovery.
Oil Prices and Canadian GDP Could Support the Loonie For the Canadian Dollar, oil prices are likely to remain at least as important as domestic data.
Crude prices surged last week following attacks on Saudi tankers and infrastructure around the Red Sea, but fell sharply on Monday as a pause in US-Iran attacks encouraged hopes of renewed diplomacy.
Shipping disruption through the Bab el-Mandeb Strait means the risk premium has not disappeared, leaving CAD sensitive to further geopolitical headlines.
A renewed rise in Brent crude would probably favour the Canadian Dollar and could push GBP/CAD back towards 1.8780.
Conversely, a continued oil-price correction would remove an important source of CAD support.
Friday’s Canadian GDP report will provide the main domestic event.
Statistics Canada will publish May’s GDP figures alongside an advance estimate for June, following April’s 0.5% expansion.
Stronger growth would reinforce the downside risk for GBP/CAD.
Nevertheless, the central forecast is for the pair to remain supported above 1.8780, with a hawkish Bank of England outcome potentially driving a recovery towards 1.8870–1.8900.
EUR/USD enters the final week of July at 1.1369. Friday’s modest decline in energy prices reduced expectations that the Federal Reserve could raise rates as early as its upcoming meeting, scheduled for Tuesday and Wednesday.
At the same time, the main currency pair remains very close to the monthly low recorded in late June. Markets continue to price in at least one Fed rate hike before the end of the year.
Inflation risks have risen following a renewed escalation in the US–Iran conflict. Restrictions on the movement of energy tankers in the Persian Gulf and the Red Sea have pushed oil and fuel prices higher.
Additional support for the dollar is coming from strong US economic data. S&P PMIs showed the fastest pace of private business activity growth this year. Meanwhile, the number of initial jobless claims fell at the fastest pace in nearly six decades, confirming the resilience of the labour market.
Technical Analysis
On the H4 chart of EUR/USD, the market has formed a consolidation range around the 1.1389 level, currently extending between 1.1336 and 1.1413. This range is nearing completion. An upside breakout would suggest a corrective move towards 1.1420, followed by a decline to 1.1313. A direct downside breakout would open the way for a move to 1.1313. The MACD indicator supports this scenario, with its signal line below zero and pointing firmly downwards, reflecting continued bearish momentum.
On the H1 chart, the market has completed an upward move to the 1.1414 level. A consolidation range is currently forming below this level. Today, a move lower to 1.1390 is expected, followed by a move higher to 1.1420, and then a decline to 1.1370, with scope for the trend to extend to 1.1313. The Stochastic oscillator confirms this scenario, with its signal line below 80 and pointing downwards towards 20, indicating increasing short-term downside pressure.
Conclusion EUR/USD remains under pressure as it approaches the final week of July, hovering near monthly lows. The modest retreat in energy prices at the end of last week briefly reduced expectations of an immediate Fed rate hike, but markets continue to price in at least one increase before the end of the year. Renewed US–Iran tensions and supply disruptions in the Persian Gulf and the Red Sea have pushed oil prices higher, reinforcing inflation risks. Strong US economic data – including robust PMI readings and a sharp decline in jobless claims – continue to support the dollar. Technically, the pair may see a temporary corrective move towards 1.1420, but the broader bearish structure remains intact, with downside potential towards 1.1313. The Federal Reserve meeting this week will be the key catalyst.
RoboForex Ltdhttps://www.roboforex.com/
RoboForex Ltd is a reputable financial brokerage company that has been operating since 2009. It provides reliable access to the largest financial markets with competitive conditions.
South Korea (Photo by Daniel Bernard on Unsplash)Summary
POSCO International is putting live trade receivables on the Injective blockchain in a pilot with LG CNS, aiming to speed up payments between its global subsidiaries.By placing receivables on a shared blockchain ledger, the companies aim to create a single, transferable record that embeds compliance rules and reduces reconciliation times for buyers, sellers and banks.The initiative, which POSCO plans to move into live production after the pilot, underscores South Korea’s growing corporate adoption of blockchain in areas such as trade finance, stablecoin-based treasury transfers and asset tokenization.POSCO International, South Korea's largest trading company, has begun tokenizing trade receivables on blockchain in a test that could speed up commercial payments between its global subsidiaries.
The company, which generated $22.2 billion in revenue last year from businesses spanning steel, energy and battery materials, is working with LG CNS, the technology arm of LG Group, to issue, transfer and settle receivables on layer-1 blockchain Injective INJ$4.9323, the firms told CoinDesk in a press briefing.
The pilot is using receivables generated by real trade between POSCO's overseas operations and their counterparties rather than simulated transactions.
Trade receivables represent money owed to a company after goods have been shipped but before payment is received. Today, those claims are typically tracked separately by buyers, sellers and banks, with reconciliation often taking days before cash can be released.
The companies said putting receivables on a shared blockchain ledger creates a single record that can be transferred and settled while carrying compliance rules with the asset itself.
"This PoC is significant in that it validated the applicability of AI and blockchain technology based on real trade data and processes," a POSCO International spokesperson said. The firm said it plans to expand the initiative into live production after completing the pilot later this year.
Tokenization expands beyond funds and stocksMuch of the industry's recent attention has centered on tokenizing funds and equities. Asset managers including BlackRock, Franklin Templeton, Apollo, Fidelity, Janus Henderson and Mubadala Capital have all brought funds onchain, betting blockchain infrastructure can streamline issuance, settlement and collateral management. The market for tokenized assets has grown rapidly in the past years to the current size of $35 billion, while Citi estimates the market could reach $5.5 trillion by 2030.
Trade finance is as another promising use case. Receivables represent real commercial obligations between businesses, allowing companies to move working capital more efficiently on blockchain rails while giving banks and financing partners a shared view of the asset.
South Korea has become one of the more active markets for corporate blockchain adoption. Earlier this month, carmaker Hyundai has begun using stablecoins for internal treasury transfers between its U.S. and Mexico operations, while stablecoin issuer Circle recently partnered with Kakao Group and Toss Bank to explore stablecoin payment infrastructure.
With the test on Injective, POSCO and LG CNS are extending that push into global trade finance. LG CNS has previously worked on the Bank of Korea's central bank digital currency pilot and operates tokenization platforms for KOSCOM and Mirae Asset Securities.
Related Assets
12345678910
Crypto Flows, Share and the Selective Rotation
Crypto Flows, Share and the Selective Rotation
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
Jul 22, 2026
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
Why it matters:
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
POSCO International, the South Korean trading giant that pulled in $22.2 billion in revenue last year, is putting actual trade receivables on a blockchain. Not simulated ones. Not hypothetical test data. Real commercial invoices from real global subsidiaries, tokenized on the Injective network through a partnership with LG CNS.
The pilot was announced during a joint press briefing by POSCO and LG CNS, with both companies confirming a timeline to advance the solution to live production in 2026.
What the pilot actually does POSCO’s pilot aims to create a unified, transferable onchain record for each receivable, carrying its own compliance data, ownership history, and settlement instructions. Instead of emailing PDFs and reconciling spreadsheets across time zones, everyone looks at the same shared ledger.
Advertisement
The goal is to reduce what are currently multi-day reconciliation cycles between counterparties and banking institutions. For a company operating at POSCO International’s scale, across dozens of global subsidiaries, even shaving a day or two off settlement times translates to meaningful improvements in working capital management.
LG CNS has led key phases of Korea’s wholesale central bank digital currency trials and built tokenized deposit platforms for the Bank of Korea involving seven major banks.
Why Injective, and why it matters for crypto Injective is a Layer 1 network purpose-built for financial applications. Enterprises are increasingly comfortable with shared, interoperable ledgers rather than permissioned chains like Hyperledger and R3 Corda.
This also fits a broader pattern emerging in South Korea specifically. Hyundai has already implemented stablecoins for internal treasury operations. The Bank of Korea has been actively exploring CBDC infrastructure.
The $35 billion question The total market value of tokenized real-world assets currently sits at approximately $35 billion. Citi has estimated that tokenized assets could grow to $5.5 trillion by 2030, roughly a 157x increase in about five years.
What investors should watch is whether this pilot attracts additional enterprise participants to the Injective ecosystem, whether LG CNS expands its blockchain infrastructure offerings beyond South Korea, and whether the Bank of Korea’s CBDC work eventually converges with these private-sector tokenization efforts.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
POSCO International is testing blockchain-based trade finance with LG CNS and Injective.
Summary
POSCO is testing tokenized receivables created from real trades between overseas subsidiaries and commercial counterparties. LG CNS and Injective support issuance, transfer, compliance controls and settlement on one shared ledger. POSCO plans production use after testing, but has not disclosed performance data or transaction values. The South Korean trading company has placed receivables from real commercial transactions into a proof-of-concept system that can issue, transfer and settle the claims onchain.
The trial uses trade data from POSCO International’s overseas subsidiaries and their counterparties, rather than simulated invoices. The companies aim to create one shared record for buyers, sellers and financing partners while keeping compliance rules linked to each digital claim.
POSCO tests real commercial receivables on Injective
Trade receivables are amounts that customers owe after a company delivers goods or services. Businesses often record the same invoice across separate systems. Each party must check documents and payment status before settlement.
CoinDesk reported that the pilot covers live trade between POSCO units and outside counterparties. The partners are using Injective, a layer-1 blockchain built for financial applications, to test the issuance, transfer and settlement of the claims. A Korean business report said the project also tests AI-based trade-document processing.
POSCO International recorded 32.37 trillion won in 2025 sales, according to its. Its operations cover steel, energy and battery materials. However, the companies have not disclosed the total value or number of receivables entered into the system.
A POSCO spokesperson said the proof of concept “validated the applicability of AI and blockchain technology based on real trade data and processes.” However, the companies have not published figures on processing speed, costs, error rates or settlement savings. POSCO plans to consider live production after the test phase later this year.
Shared ledger targets slow reconciliation work
The project aims to replace separate invoice records with a common ledger. Approved participants can view the same transaction status and ownership history. The system can also carry conditions that control who may receive or transfer a tokenized receivable.
This structure could reduce repeated checks when a shipment, invoice or payment moves between countries. It may also give banks and financing firms a clearer record when they assess a receivable for early payment. However, the pilot does not remove legal agreements, identity checks, accounting rules or local trade requirements.
Tokenization turns a financial or commercial claim into a digital record on a blockchain. In this case, the token represents money owed to POSCO International or one of its subsidiaries. It does not represent POSCO shares or give a holder ownership in the company.
The project has not announced an open market for the receivables or said whether outside investors will buy them. The current test focuses on business processes, transfers and settlement between approved parties rather than public trading.
LG CNS brings experience from Korean finance projects LG CNS serves as the technology partner. The LG Group company has built blockchain systems for financial institutions. It also took part in the Bank of Korea’s central bank digital currency work and operates tokenization platforms for Koscom and Mirae Asset Securities. (
Injective supplies the blockchain layer used to record and move the receivables. The partners have not disclosed how they divide data between onchain records and private company systems. They also have not explained what access controls protect sensitive commercial information.
POSCO International has already tested blockchain in corporate funding. In April, it announced South Korea’s first foreign-currency digital bond issued by a non-financial company. The company said blockchain reduced the bond’s settlement period from five days to three.
The receivables pilot moves that work into daily trade finance. Bonds raise funds from investors, while receivables arise from normal sales. Both projects use digital records to shorten processing and provide a shared view of ownership and settlement.
South Korean companies expand corporate blockchain tests The POSCO project follows other corporate blockchain trials in South Korea. As crypto.news previously reported, Hyundai Motor’s U.S. and Mexican operations completed a $20,000 treasury payment using USDT on Avalanche. The companies said the transfer took about seven minutes.
Meanwhile, Circle signed agreements with Kakao Group and Toss to study stablecoin payments, remittances and merchant settlement in South Korea. Separately, Mirae Asset placed tokenization, security tokens and stablecoins within the strategy for its newly renamed Digital X business.
POSCO’s pilot differs because it places a business claim onchain rather than sending a stablecoin payment. The receivable can carry ownership information and compliance conditions before payment occurs. A stablecoin may later serve as the settlement asset, but the companies have not announced that step.
The partners have not released technical documents, contract addresses or a production date. They also have not named participating banks or counterparties. POSCO is expected to decide whether to apply the system across more subsidiaries after completing the testing process.
US Dollar News: Fed and ECB Outlook Shape FX Markets The U.S. dollar, euro and British pound enter a pivotal week as investors prepare for the Federal Reserve’s July 29 to 30 meeting and the ECB’s decision last week while new data comes through. Most analysts expect that the Fed will leave rates where they are, although the market will be watching out for clues from Chair Jerome Powell given that the latest US data has confirmed the strength of the economy.
June retail sales were up by 0.2% on the month, while the control group increased by 0.4%, and initial claims for unemployment benefits dropped to 208,000, a three-month low, underlining the strength of the consumer and the labour market. This week brings out the second-quarter GDP, the PCE inflation print for June and July non-farm payrolls which could alter thinking around the second half of the year.
The ECB decided to keep its deposit rate at 2.25% as it sees inflation edging toward its 2% target while remaining data-dependent. ECB President Christine Lagarde said growth remains weak, with members continuing to assess the impact of the economic effect of trade and higher energy costs on the economic environment.
Sterling remains supported by expectations that the Bank of England will proceed cautiously after it kept Bank Rate at 3.75%, and it sees the UK policymakers juggle between curbing inflation and a steady wage-growth and a cooling labour market. UK mortgage approvals, consumer credit and business surveys are released this week as they provide evidence for the economy ahead of the next Bank of England meeting.
Dollar Index (DXY) Technical Analysis: Uptrend Holds Above Key Support Dollar Index Price Chart – Source: Tradingview The U.S. Dollar Index is maintaining a healthy uptrend after bouncing off support in the 100.50 zone along the uptrend line. Currently, the index trades at 101.28, keeping the 50-day EMA (101.12) and 100-day EMA (101.01) beneath the index level. The RSI is sitting at 53.
Resistance sits at 101.65, with further levels at 102.06 and 102.42. Support is found initially at 101.06, then at 100.50 and 99.92.
The index is trading above the 101.06 support line; if the index stays above this, bulls are in control. If the index moves above 101.65, it strengthens the bullish view and raises the prospect of a move to 102.06. If the index dips below the 100.50 support, it reduces bullish momentum and opens the prospect of a move to 99.92.
GBP/USD Technical Analysis: Recovery Faces Strong Resistance Zone GBP/USD Price Chart – Source: Tradingview GBP/USD is showing signs of stabilisation after moving down for quite some time. The pair is currently trading at $1.3333. It is attempting to stabilise just below a major resistance area. The 50-day EMA (1.3378) and 100-day EMA (1.3377) are both above it.
Support is initially found at 1.3305, then at 1.3218. Resistance is initially found at 1.3356, then at 1.3400 and 1.3430.
The index has not been able to recover the $1.3356 level; it remains under the overall pressure of sellers. If the index moves down through 1.3305, it could extend the losses towards 1.3218. However, if the pair closes above 1.3356, the downtrend weakens and the prospects for a rise to 1.3400 increase.
EUR/USD Technical Analysis: Bears Defend Key Triangle Resistance EUR/USD Price Chart – Source: Tradingview EUR/USD remains bearish after testing the top boundary of the triangle and the two moving average lines without being able to move past them. At present, the index is trading at 1.1395; the 50-day EMA (1.1408) and 100-day EMA (1.1420) are above it and the RSI is at 48.
Support is found initially at 1.1364, then at 1.1325. Resistance is initially found at 1.1410, then at 1.1443 and 1.1481.
The short-term bias remains bearish while EUR/USD trades below 1.1410. A fall below the 1.1364 level opens the prospect of a move to 1.1325. A move above the 1.1410 resistance line improves the outlook and increases the possibility of a move to 1.1443.
ING’s Francesco Pesole notes that EUR/USD has rebounded above 1.140 on lower Oil prices but argues the move looks optimistic without a clear de-escalation in geopolitical tensions. Pesole stresses that elevated European gas prices are hurting the Euro’s terms of trade, while upcoming Eurozone data are unlikely to deliver enough domestic support to offset Dollar-safe-haven and Fed-related pressures.
Gas prices and geopolitics weigh on euro"EUR/USD has bounced back above 1.140 as oil prices dropped sharply today. Still, that move looks somewhat optimistic given the absence of a clear de-escalation path. Any renewed military strikes could quickly send Brent back to $100/bbl and EUR/USD below 1.1380."
"Gas prices are another reason we remain cautious on EUR/USD unless tensions ease quickly. Even after today's decline, TTF is trading at €58/MWh, more than 30% above levels at the start of July and close to the March highs."
"So while Brent is nowhere near its peaks, gas is. Given its importance in eurozone energy imports, the euro's terms of trade – statistically the most important medium-term driver of EUR valuation – are also hovering near March lows and at levels comparable to 2023."
"Potential precautionary USD buying ahead of the FOMC may also weigh on the pair into Wednesday."
"On Friday, eurozone CPI is expected to rise above 3.0%, but with core inflation still near 2.5%, we do not think that will trigger aggressive hawkish repricing. Markets price 42bp from the European Central Bank by year-end, but that outlook should remain highly sensitive to ongoing oil volatility."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. Know more.)
EUR/USD enters the final week of July at 1.1369. Friday's modest decline in energy prices reduced expectations that the Federal Reserve could raise rates as early as its upcoming meeting, scheduled for Tuesday and Wednesday.
At the same time, the main currency pair remains very close to the monthly low recorded in late June. Markets continue to price in at least one Fed rate hike before the end of the year.
Inflation risks have risen following a renewed escalation in the US–Iran conflict. Restrictions on the movement of energy tankers in the Persian Gulf and the Red Sea have pushed oil and fuel prices higher.
Additional support for the dollar is coming from strong US economic data. S&P PMIs showed the fastest pace of private business activity growth this year. Meanwhile, the number of initial jobless claims fell at the fastest pace in nearly six decades, confirming the resilience of the labour market.
Technical analysis
On the H4 chart of EUR/USD, the market has formed a consolidation range around the 1.1389 level, currently extending between 1.1336 and 1.1413. This range is nearing completion. An upside breakout would suggest a corrective move towards 1.1420, followed by a decline to 1.1313. A direct downside breakout would open the way for a move to 1.1313. The MACD indicator supports this scenario, with its signal line below zero and pointing firmly downwards, reflecting continued bearish momentum.
On the H1 chart, the market has completed an upward move to the 1.1414 level. A consolidation range is currently forming below this level. Today, a move lower to 1.1390 is expected, followed by a move higher to 1.1420, and then a decline to 1.1370, with scope for the trend to extend to 1.1313. The Stochastic oscillator confirms this scenario, with its signal line below 80 and pointing downwards towards 20, indicating increasing short-term downside pressure.
ConclusionEUR/USD remains under pressure as it approaches the final week of July, hovering near monthly lows. The modest retreat in energy prices at the end of last week briefly reduced expectations of an immediate Fed rate hike, but markets continue to price in at least one increase before the end of the year. Renewed US–Iran tensions and supply disruptions in the Persian Gulf and the Red Sea have pushed oil prices higher, reinforcing inflation risks. Strong US economic data – including robust PMI readings and a sharp decline in jobless claims – continue to support the dollar. Technically, the pair may see a temporary corrective move towards 1.1420, but the broader bearish structure remains intact, with downside potential towards 1.1313. The Federal Reserve meeting this week will be the key catalyst.
Internetový módní gigant Shein se v prvním fiskálním čtvrtletí propadl do ztráty, když jeho dosavadní obchodní model zasáhlo zpřísnění dovozních pravidel ve Spojených státech. Konec výjimky umožňující bezcelní dovoz levných zásilek vedl k poklesu tržeb na klíčovém americkém trhu a přiměl společnost zvažovat zvýšení cen. Negativní dopad měly také vyšší logistické náklady a narušení dodavatelských řetězců v souvislosti s konfliktem na Blízkém východě. Výsledky přicházejí v citlivé době, kdy se Shein připravuje na vstup na hongkongskou burzu a snaží se přesvědčit investory o dlouhodobé udržitelnosti svého růstového příběhu.
Internetový prodejce levné módy Shein se v prvním čtvrtletí fiskálního roku propadl do ztráty. Mohly za to slabší tržby poté, co americký prezident Donald Trump zrušil osvobození malých balíčků od dovozního cla. Ztráta za duben až červen činila 99 milionů USD (2,1 miliardy Kč) ve srovnání s čistým ziskem 395 milionů USD ve stejném období předchozího roku. Společnost výsledky hospodaření zveřejnila v rámci příprav vstupu na burzu v Hongkongu, napsal server BBC.
Firma byla založena v roce 2012 v Číně, v současnosti ale sídlí v Singapuru. Své impérium vybudovala díky velmi levnému oblečení, široké nabídce produktů a také díky dravému marketingu.
Firma uvedla, že v reakci na zvýšená cla a daně zvažuje řadu možností, včetně zvýšení cen na americkém trhu, aby kompenzovala část zvýšených nákladů. Varovala také, že válka v Íránu negativně ovlivnila poptávku, zvýšila náklady a způsobila zpoždění dodávek na některých trzích.
Údaje za fiskální první čtvrtletí částečně odrážejí i účetní ztrátu 328 milionů USD kvůli změně účetního zacházení se speciálními investorskými akciemi. Tyto akcie je možné později převést na kmenové akcie a jejich hodnota se může před uvedením na burzu změnit.
Ze zprávy také vyplývá, že ve fiskálním roce do konce března 2026 měla firma 281 milionů aktivních zákazníků, což bylo o 16 procent více než o rok dříve. Tito zákazníci zadali více než jednu miliardu objednávek. Čistý zisk za loňský rok klesl o 38,7 procenta na 2,06 miliardy USD. Tržby stouply o osm procent na 41,85 miliardy USD, v roce 2024 však vzrostly až o 20,7 procenta.
Čínská komise pro regulaci cenných papírů (CSRC) na počátku července dala firmě Shein souhlas k prodeji akcií v Hongkongu. Nabídka se má uskutečnit v nadcházejících měsících. Dřívější pokusy o uvedení akcií firmy na burzách v New Yorku a Londýně selhaly. Firma zatím neuvedla, kolik akcií plánuje nabídnout, jejich předběžnou cenu, očekávaný výnos ani harmonogram jejich uvedení na trh. Agentura Reuters s odvoláním na zdroje tento měsíc uvedla, že hodnota firmy by se mohla pohybovat v rozmezí 40 miliard až 50 miliard USD.
Údaje ukazují dopad rozhodnutí prezidenta Trumpa, kterým USA ukončily globální výjimku z cel pro levné zásilky. Opatření vstoupilo v platnost 29. srpna 2025 a rozšířilo dřívější omezení zaměřené pouze na zboží z Číny a Hongkongu na zásilky z celého světa. Takzvaná výjimka de minimis umožňovala dovoz zboží v hodnotě do 800 USD bez placení cel a využívali ji zejména američtí zákazníci nakupující levné výrobky přes internetové platformy, jako jsou Shein nebo Temu. Podle Bílého domu byl systém zneužíván k obcházení celních pravidel a k pašování nelegálních látek, včetně syntetických opioidů, do USA.
Tržby firmy v USA v prvním čtvrtletí klesly o 14,3 procenta na 2,04 miliardy USD. USA měly na celkových tržbách podíl 22,5 procenta.
Evropská unie tento měsíc zavedla poplatek tři eura na levné zásilky z internetového obchodu dovážené ze zemí mimo EU. Opatření má podle EU pomoci omezit nekalou konkurenci, kterou podle Bruselu představuje zejména příliv levného zboží z Číny. Evropa se na celkových tržbách Sheinu podílí zhruba třetinou.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of VST either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
LONDON--(BUSINESS WIRE)--The latest credit card data analysis by global analytics software leader FICO (NYSE: FICO) highlights a typical decline in spending and increase in payment rates following the Easter period. However, year-on-year analysis shows delinquency rates for accounts with three missed payments have increased 17.1%. With seasonal spending expected to increase over the summer months, in part due to rising fuel prices, FICO urges heightened monitoring of late payments and pre-delin.
The British Pound (GBP) is up 0.15% to near 1.3345 against the US Dollar (USD) during the European trading session on Monday. The GBP/USD pair gains as the US Dollar faces selling pressure due to renewed hopes of a United States (US)-Iran diplomatic solution, following the pause in military aggression in the Middle East.
Over the weekend, the US military confirmed that further attacks on Iran would be unnecessary as the target list has been exhausted.
In the European trade, the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, trades 0.25% lower to near 101.20.
Meanwhile, US ambassador to the United Nations (UN) Mike Waltz also said in an interview with Fox News that President Donald Trump wants to give negotiations a “little bit of room”, while forces remained locked and loaded, The Guardian reported.
This week, investors will pay close attention to monetary policy announcements by both the Federal Reserve (Fed) and the Bank of England (BoE) on Wednesday and Thursday, respectively. Both central banks are expected to leave interest rates unchanged.
GBP/USD technical analysis
GBP/USD trades higher at around 1.3344, but is still close to the 20-day Exponential Moving Average (EMA), which is at 1.3370, indicating a neutral near-term outlook. The formation of a Volatility Contraction Pattern (VCP) also suggests that the overall trend is neutral.
The Relative Strength Index (14) near 47.00 reflects lackluster momentum rather than a decisive directional push.
On the topside, immediate resistance is located at the descending trend-line zone referenced near 1.3467, followed by the July 15 high at 1.3558. On the downside, last week's low at 1.3300 is the key support level, with June's low at 1.3140 remaining a major cushion. A breakdown below 1.3140 would expose the pair to the psychological level at 1.3000.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Economic Indicator BoE Interest Rate Decision The Bank of England (BoE) announces its interest rate decision at the end of its eight scheduled meetings per year. If the BoE is hawkish about the inflationary outlook of the economy and raises interest rates it is usually bullish for the Pound Sterling (GBP). Likewise, if the BoE adopts a dovish view on the UK economy and keeps interest rates unchanged, or cuts them, it is seen as bearish for GBP.
Gold – Chart Gold has rebounded strongly from the rising trendline and reclaimed both the 50-EMA ($4,072) and 100-EMA ($4,066), signalling improving short-term momentum. The current Gold price sits at $4,103. The RSI is well above 60 levels, showing the momentum is positive but not yet overbought.
The trendline resistance for the entire move has been a challenge for the bulls for several times this month. The initial resistance zone starts at $4,139 and follows up at $4,200, then $4,246 levels. On the downside, the first support level is at $4,067, followed at $3,998.
The break above $4,139 zone will keep up the bullish breakout and target up at $4,200 levels. However, the failure below the descending trend line can push the prices back towards the $4,067-$3,998 support zone, before buyers try to bounce again.
TL;DR:Will the Fed and BoJ jointly surprise markets this week? USD/JPY, already at a 40-year high above 163, faces amplified two-way risk from their combined policy signals.
Why This Week Matters More Than a Typical Central Bank Cycle Three major central bank decisions are packed into little more than 60 hours: the Federal Reserve announces policy Wednesday, the Bank of England follows Thursday, and the Bank of Japan concludes its meeting Friday. Markets are unlikely to distribute their attention evenly across all three. The Fed and BoJ have the greatest potential to reshape rate expectations, and the interaction between the two could make USD/JPY the week’s most sensitive pair.
With the pair already trading at a 40-year high, even modest surprises from either central bank could trigger an outsized reaction. That asymmetry — high positioning risk meeting high event risk — is what separates this week from routine policy meetings.
The Fed: A Unanimous Hold, But a Contested Path Ahead The Fed is universally expected to leave the federal funds target range unchanged at 3.50–3.75% on Wednesday. Reuters’ July 21 survey showed all 104 economists expecting no policy change, while futures markets assign only around a one-third probability of an immediate hike.
Yet that headline consensus masks a more important debate over the path ahead. Futures continue to price:
Roughly a 75% probability of a September hike Better than even odds of two increases before year-end That pricing is considerably more aggressive than economists’ consensus for rates to hold steady through December — a disconnect that leaves Treasury yields particularly sensitive to any signal that policymakers are growing less comfortable waiting.
What to Watch: The Voting Breakdown and Warsh’s Tone The meeting’s most important signal may not be the rate decision itself but the voting breakdown. Minutes from the previous FOMC meeting revealed several policymakers were already prepared to support an immediate rate increase before ultimately agreeing to wait for more evidence. Any rise in dissenting votes favoring tightening would give investors a concrete measure of how quickly sentiment inside the Committee is shifting.
Markets will also need to adjust to Chair Kevin Warsh’s communication style. Unlike predecessor Jerome Powell, Warsh has consistently rejected detailed forward guidance. Investors are likely to focus instead on how he characterizes labor market resilience, whether he places greater weight on inflation risk from higher oil prices, and whether he pushes back on the market’s aggressive tightening expectations.
The BoJ: A Quiet Hold With a Loud Subtext Attention then shifts to Tokyo, where the BoJ is also widely expected to leave its policy rate unchanged at 1.00%. The real focus is the quarterly Outlook Report and Governor Kazuo Ueda’s assessment of whether inflation and growth data justify a faster normalization cycle.
Reuters’ latest survey found an overwhelming majority expecting no move this week but anticipating another hike before year-end, with October and December emerging as the most likely windows. Bloomberg has separately reported that some BoJ officials are becoming more receptive to accelerating the pace of tightening if persistent yen weakness keeps feeding domestic inflation.
Even without immediate action Friday, upward revisions to inflation forecasts or stronger confidence in the outlook would reinforce expectations the Bank could move sooner than markets currently anticipate.
Why USD/JPY Carries Unusually High Event Risk That combination gives USD/JPY unusually high event risk from both directions:
On the US side, the key question is whether the Fed signals an approaching rate hike On the Japanese side, investors are watching for stronger evidence that policy normalization is gathering pace A hawkish outcome from either central bank would normally move the exchange rate on its own. If both occur in the same week, the resulting repricing could be considerably larger than either event in isolation.
Positioning further amplifies that risk. USD/JPY has already climbed above 163 — its highest level in four decades — despite repeated verbal intervention from Japanese officials. Earlier currency intervention totaling JPY 11.73 trillion only stabilized the exchange rate for roughly six weeks before the broader yen selloff resumed.
ActionForex analysis suggests that experience has made markets increasingly reluctant to challenge the underlying interest-rate differential unless accompanied by a genuine shift in monetary policy — meaning this week’s decisions may prove far more influential than official rhetoric alone.
ActionForex’s Technical View on USD/JPY Technically, USD/JPY appears to have formed a temporary top at 163.97 following today’s retreat. Any correction should stay relatively shallow and brief as long as the 55 4H EMA, currently at 162.93, continues to hold.
A decisive break above 163.97 would resume the broader uptrend from 155.01 and target 138.2% projection of the 152.25-160.71 advance measured from 155.01 at 166.07.
On the downside, sustained trading below the 55 4H EMA would suggest the rally from 155.01 has entered a corrective phase. That would shift focus toward the 160.46 support cluster, which includes the 38.2% retracement of 155.01 to 163.97.
Key Takeaways The Fed is expected to hold rates at 3.50–3.75%, but futures price a 75% chance of a September hike — well ahead of economist consensus The voting breakdown and Chair Warsh’s tone on inflation and labor resilience matter more than the headline decision The BoJ is expected to hold at 1.00%, but the Outlook Report and Ueda’s language on inflation could signal an accelerated tightening timeline USD/JPY, at a 40-year high above 163, faces amplified two-sided risk if both the Fed and BoJ surprise hawkishly in the same week 163.97 is the key upside pivot; a break above targets 166.07, while a failure to hold the 55 4H EMA (162.93) opens the 160.46 support zone
ActionForex
ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for two decades. We started providing only a daily and a mid-day report, now known as Action Insights. Gradually, we added a lot more in-house contents to the site. Technical Outlook section was expanded to cover more pairs. In addition to that, Top Movers, Heat Map, Pivot Point Charts and Pivot Meters, Action Bias and Volatility Charts, are tools used by traders from all over the world.
Skupina Colt CZ oznámila, že na základě implementačního ujednání k mezivládní dohodě o spolupráci v oblasti obrany mezi Českou republikou a Černou Horou dodá černohorským ozbrojeným složkám produkty společností Česká zbrojovka, Sellier & Bellot a 4M Systems.
Zakázka se zaměřuje především na dodávky útočných pušek CZ BREN 3, pistolí, samopalů, odstřelovacích pušek, souvisejícího vybavení a různých druhů malorážové munice.
„Jsme rádi, že se můžeme stát partnerem další členské země NATO při modernizaci jejích ozbrojených sil. Zároveň nás těší, že puška CZ BREN 3 bude nově zavedena do výzbroje členského státu Aliance. Vnímáme to jako potvrzení důvěry v kvalitu našich výrobků i v český obranný průmysl,“ uvedl generální ředitel Colt CZ Group Radek Musil.
Akcie Colt CZ Akcie Colt CZ (BAACZGCE) dnes na pražské burze rostou o 0,23 % na 884 Kč, na RM-SYSTÉMu pak posilují o 0,46 % na 882 Kč.
Nový týden nabídne celou řadu kvartálních výsledků. Ze společností obchodujících se na pražské burze bude reportovat Komerční banka, Erste a CTP. Ze zahraničních titulů bude pozornost upřena především na technologické giganty Microsoft, Metu, Amazon a Apple.
Přehled vybraných společností reportujících své výsledky v tomto týdnu (zdroj: síť X - Earnings Whispers)
Pondělí (27. 7.) Německo (před trhem): Hochtief
Eurozóna (po trhu): LVMH
Úterý (28. 7.) USA (před trhem): Coca-Cola, Boeing, UPS, Sherwin-Williams, American Tower Corp, PayPal
USA (po trhu): Mondelez International, Visa
Eurozóna (před trhem): Safran, Air Liquide, EssilorLuxottica
Německo (před trhem): Mercedes-Benz, TeamViewer
Středa (29. 7.) USA (před trhem): Procter&Gamble, SoFi
USA (po trhu): Meta Platforms, Microsoft, Qualcomm, Starbucks, Lam Research, General Dynamics
Analyst’s Disclosure: I/we have a beneficial long position in the shares of TRN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
