BNB Chain zveřejnil návod na přesun aktiv z centralizované burzy do vlastní peněženky, protože MiCA v EU zvyšuje tlak na self-custody. Upozorňuje na bezpečnostní kroky, jako jsou recovery phrase, testovací převody a ochrana před falešnými aplikacemi.
BNB Chain has published a guide for moving assets from a centralized exchange to BNB Chain, as European crypto users adjust to new rules under the Markets in Crypto-Assets framework.
Summary
MiCA has changed EU exchange access, pushing some users to compare licensed platforms and self-custody. BNB Chain’s guide frames wallets, test transfers, and recovery phrases as core safety steps. Stablecoin delistings and Binance limits have made European crypto users review custody options more carefully. The guide explains how users can hold crypto in their own wallets and connect directly to decentralized apps.
Meanwhile, the timing follows the end of MiCA’s transition period on July 1. As previously reported, MiCA now requires crypto firms to hold CASP licenses to keep serving users under the EU rulebook. The change has pushed users to check whether their exchanges can still offer services in the bloc.
MiCA took effect across the EU yesterday, and the way some exchanges operate there has changed.
If this week has you rethinking where your crypto lives, holding it yourself on BNB Chain is one route. Here's how to make the move 👇https://t.co/fmwdr2x8wn pic.twitter.com/5G74GdnMtz
— BNB Chain (@BNBCHAIN) July 6, 2026 BNB Chain guide focuses on self-custody BNB Chain’s guide presents self-custody as an alternative to keeping assets on a centralized exchange. It says users who move on-chain control their own private keys, while centralized platforms hold keys on behalf of customers.
The guide also warns that self-custody comes with responsibility. Users must protect their recovery phrases, send test transfers before moving larger sums, and keep a small amount of BNB for network fees. It also tells users to avoid fake wallet apps, fake bridge sites, and links sent through messages or ads.
BNB Chain says users can access swaps, stablecoins, staking, lending, borrowing, tokenized real-world assets, and perpetual trading from their wallets. It names apps such as PancakeSwap, Venus, Lista DAO, Aster, DappBay, and BscTrace as tools available across the ecosystem.
Exchange shifts put wallets in focus The guide lands as several exchange services in Europe change under MiCA. As previously reported, Binance said it would suspend several EU services after failing to secure a MiCA license before the deadline. The pause covered new spot orders, new deposits, sign-ups, and some yield products, while withdrawals remained available.
Licensed rivals have also used the deadline to compete for users. As previously reported, Coinbase and OKX targeted Binance users with transfer offers before the rule change took full effect. The shift has made regulation, custody, and access central issues for EU users choosing where to hold crypto.
Stablecoins are also part of the change. As previously reported, USDT lost access to regulated EU exchange order books after Tether chose not to seek MiCA authorization. That has pushed compliant stablecoins such as USDC and EURC into a stronger position on licensed platforms.
Licensed firms gain ground The EU market is not closing to crypto, but access now depends more on authorization. ESMA’s MiCA register rose to 300 authorized crypto firms after 57 new providers were added around the deadline.
The updated list includes banks, trading firms, and crypto companies that can serve users across the bloc through MiCA passporting. Ripple also joined the licensed market after securing approval in Luxembourg, as previously reported.
BNB Chain’s message is aimed at users who want direct control rather than a licensed exchange account. The guide does not remove the risks of DeFi or self-custody. It instead gives users a route to move assets, test transactions, check apps, and decide how much responsibility they want to hold themselves.
Ford v USA stahuje 110 626 vozů Mustang ve dvou samostatných svolávacích akcích kvůli závadě stěračů a riziku prasknutí hřídele zadního diferenciálu, uvedla NHTSA. Zásah se týká 67 842 vozů Mustang a Mustang GTD a 42 784 vozů Mustang Mach-E.
The blue Ford oval logo is displayed on the new Ford World Headquarters in Dearborn, Michigan, U.S. November 16, 2025. REUTERS/Rebecca Cook/File Photo Purchase Licensing Rights, opens new tab
CompaniesJuly 7 (Reuters) - Ford (F.N), opens new tab is recalling 110,626 Mustang vehicles in the U.S. in two separate recalls over malfunctioning windshield wipers and a rear differential pinion shaft that may fracture, the U.S. National Highway Traffic Safety Administration said on Tuesday.
Jumpstart your morning with the latest legal news delivered straight to your inbox from The Daily Docket newsletter. Sign up here.
Ford will recall 67,842 Mustang and Mustang GTD vehicles because in certain cold temperature conditions, the windshield wipers may function only at their high-speed setting and the washing system may fail to function properly, NHTSA said.
Separately, Ford is recalling 42,784 Mustang Mach-E vehicles because the rear differential pinion shaft may fracture, resulting in loss of drive power or unintended movement if the vehicle is parked without the parking brake applied.
Dealers will repair or replace the damaged parts free of charge, NHTSA added.
Reporting by Sumedha Mukherjee in Bengaluru; Editing by Nivedita Bhattacharjee
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Colgate-Palmolive je letos YTD +20,4 % a firma čeká pro rok 2026 růst čistých tržeb o 2 % až 6 %. Zůstává Dividend King s nepřerušenou historií dividend od roku 1895.
As of market close on July 3, the S&P 500 (^GSPC +0.72%) and the Nasdaq-100 are up 9.3% and 16.2%, respectively, year to date (YTD). This is well ahead of their historical average annual gains. The tech sector, especially semiconductor stocks, has been the driver of broader market returns. But that doesn't mean all value stocks are underperforming the major indexes.
Colgate-Palmolive (CL 1.93%) is up 20.4% YTD. And it's also an ultra-reliable dividend stock that has paid uninterrupted dividends since 1895 and has increased its payout for 63 consecutive years. That streak earns Colgate-Palmolive a spot on the list of Dividend Kings, which are companies that have paid and increased their dividends for at least 50 consecutive years.
Here's why Colgate-Palmolive remains a top buy now even after its recent run-up.
Image source: Getty Images.
Colgate-Palmolive is at the top of its game Colgate-Palmolive has been a standout in the household and personal products industry. The company is guiding for 2026 net sales growth of 2% to 6% and organic sales growth of 1% to 4% at a time when many of its peers are experiencing sales declines. And even with margins under pressure, Colgate-Palmolive remains one of the most profitable companies in its industry. By comparison, Unilever, Kenvue, Church & Dwight, Clorox, Kimberly-Clark, and Estee Lauder all have operating margins under 20%.
CL Revenue (TTM) data by YCharts
The industry has been dealing with inflationary pressures and consumer resistance to price increases. But Colgate-Palmolive has done a masterful job of navigating these challenges through its elite brand portfolio, highly efficient supply chain and operations, and geographic diversification.
In addition to its flagship Colgate and Palmolive brands, the company owns Softsoap, Irish Spring, Tom's of Maine, and Speed Stick, among others. One of Colgate-Palmolive's top brands, Hill's Pet Nutrition, made up 23% of total 2025 sales.
Without factoring in Hill's, Europe, Middle East, and Africa (EMEA), Latin America, and Asia Pacific sales are more than triple those of North America, which has helped make Colgate-Palmolive resistant to U.S.-specific inflationary pressures. In the first quarter of 2026, North America was the only region that reported declining net and organic sales, while Latin America and EMEA posted double-digit growth and total company net sales rose 8.4% year over year.
Today's Change
(
-1.93
%) $
-1.83
Current Price
$
93.30
A dividend you can count on Colgate-Palmolive is far from cheap -- trading at 25 times forward earnings -- because the stock price has been rising faster than the company's earnings growth. But Colgate-Palmolive deserves its premium valuation because its results are solid despite a difficult operating environment. This resilience is particularly appealing to risk-averse folks seeking a stable passive income stream to help supplement retirement income. If inflationary pressures ease and consumer spending improves, a rising tide will lift the broader household and personal products industry. But Colgate-Palmolive isn't dependent on those factors to drive sales growth.
Colgate-Palmolive yields 2.2%, which is good but not quite high-yield territory. Many of its peers offer higher yields because they distribute the vast majority of their cash flow to shareholders through dividends, whereas Colgate-Palmolive's dividend is highly affordable. Its trailing-12-month free cash flow per share is at an all-time high of $4.66, well over double its $2.06 per-share annualized dividend.
So while Colgate-Palmolive could easily afford to pay a higher dividend, the company prefers a balanced approach of using cash to reinvest in the business, paying a steadily growing (and manageable) dividend, and buying back stock. Colgate-Palmolive has reduced its share count by 10% over the last decade, which has helped make the stock a better value.
Investing in a market leader Colgate-Palmolive's geographic diversification and portfolio of leading brands across pet nutrition and oral, personal, and home care make it highly recession resistant. The company continues to deliver solid growth through volume and price increases, while many of its peers face a difficult trade-off: either cutting prices to drive volume or keeping prices high at the expense of lower sales volumes.
All told, Colgate-Palmolive stands out as one of the most reliable dividend-paying stocks on the market. It's a top buy for the second half of the year for investors who don't mind paying a premium price for a quality company.
Zlato podporují přílivy do ETF a nákupy centrálních bank, ale růst brzdí očekávání dalšího zvýšení sazeb Fedu. HSBC přesto čeká, že střednědobá poptávka zůstane silná.
The Fed’s rate hike expectations limit gold’s rally potential. Capital inflows into ETFs and central bank purchases are supporting the gold price. The US dollar failed to capitalise on the escalation of the conflict in the Middle East. Reports of a tanker incident in the Strait of Hormuz are putting US-Iran negotiations at risk. Nevertheless, Brent crude rose only slightly, while the resumption of the S&P 500 rally and the associated improvement in global risk appetite are undermining the greenback’s position.
The futures market is pricing in a 3-in-4 chance of a Fed rate hike in 2026. This is allowing speculators to build up net long positions in the US dollar to their highest levels since 2015, leaving the US currency’s positions vulnerable. No sooner had Kevin Warsh adopted less hawkish rhetoric in Sintra than the markets had anticipated, and the employment figures disappointed, than the EURUSD soared sharply.
Lower chances of a Fed rate hike have allowed gold to find its footing. However, the Sword of Damocles (a potential federal funds rate hike due to persistent inflation) continues to hang over the precious metal. As the risks of an energy shock have receded, the inflationary nature of massive investments in artificial intelligence and weather-related supply chain disruptions remains a reality.
Fears that the Federal Reserve will tighten monetary policy are unlikely to allow gold to return to its record highs in 2026. However, HSBC remains optimistic, expecting that medium-term demand for gold as a means of diversifying investment portfolios, capital inflows into ETFs and increased purchases of bullion by central banks will allow the precious metal to rise.
Indeed, according to the World Gold Council, central banks increased their reserves by 41 tonnes in May, stepping up their bullion purchases. Poland and China were the most active. Since the start of the year, Poland has bought 64 tonnes, Uzbekistan 33 tonnes, China 25 tonnes and Kazakhstan 20 tonnes.
HSBC believes that, in the short term, gold will come under pressure due to the strong US dollar and high yields on US Treasury bonds. In reality, its fate depends on the futures market’s reassessment of the trajectory of the federal funds rate. In this regard, clues from the minutes of the June FOMC meeting are certain to influence gold.
The FxPro Analyst Team
FxProhttp://www.fxpro.co.uk/?ib=606792
FxPro is an award-winning online broker offering Contracts for Difference (CFDs) on forex, futures, spot indices, shares, spot metals and spot energies. FxPro serves clients in over 150 countries worldwide and offers multilingual customer support 24/5. Trading CFDs involves significant risk of loss.
Micron klesl zhruba o 22 % z rekordního maxima, ale i po propadu je letos stále výše o více než 250 %. Trh řeší hlavně valuaci a vybírání zisků po silné AI rally.
Micron stock NASDAQ:MU has fallen roughly 22% from its record high, sliding to around $985 on Monday after touching an all-time high near $1,255.
The drop looks jarring because the memory-chip maker only recently posted record quarterly results and upbeat guidance.
The selloff has shifted the debate from Micron’s earnings strength to valuation risk, with investors weighing an overheated AI chip trade against a memory market that remains unusually tight.
The latest pullback does not appear to be a Micron-specific blow-up, but part of a broader reset across the AI hardware trade after a blistering rally in memory and storage stocks.
Meta’s reported move to build a third-party AI compute business rattled investors because it was read as a possible sign that some hyperscalers may eventually have excess capacity to sell.
That hit sentiment across chipmakers and AI infrastructure names, not just Micron.
The analyst linked MU’s drop to Meta’s cautious data-centre signals and broader worries about whether the memory boom can sustain its momentum.
The selling also came after a huge run.
Even after the pullback, Micron remains up more than 250% year-to-date. That makes the 22% fall look less like a collapse and more like profit-taking after a powerful AI-driven run.
Hedge-fund positioning may have amplified the move.
As per Goldman Sachs, US hedge funds had sold technology hardware stocks for a fourth straight week ahead of earnings season, reflecting caution after sharp semiconductor gains.
Analysts remain broadly constructive because the fundamentals still look strong.
Micron reported record fiscal third-quarter revenue of $41.5 billion, up from $23.9 billion in the prior quarter and $9.3 billion a year earlier.
Non-GAAP net income came in at $28.9 billion, or $25.11 per diluted share, while operating cash flow reached $25.4 billion.
Bank of America’s Vivek Arya raised his Micron price target to $1,500 from $950 while keeping a Buy rating.
His bullish view reflects the idea that AI infrastructure is shifting from a pure demand story to a physical bottleneck story, where memory, chips and power remain scarce.
Citi’s Atif Malik has also stayed upbeat as the analyst raised his target to $1,200 in June, citing better-than-expected memory pricing, strong data-centre demand and constrained supply.
UBS is even more bullish as analyst Nicolas Gaudois viewed the latest dip as a buying opportunity and kept a $1,625 target, citing persistent memory-industry strength and tight supply.
Still, the buying-window argument is not risk-free.
Michael Burry has reportedly taken a short position against Micron, while questioning whether the stock’s surge reflects AI hype rather than sustainable value.
There is also the classic memory-cycle risk, as today’s shortage can become tomorrow’s glut if rivals add too much capacity.
Samsung Electronics and SK Hynix plan a combined $2.1 trillion in long-term investment, a scale that could eventually pressure pricing if AI demand cools or supply arrives faster than expected.
Lockheed Martin je podle článku lepší obranná akcie pro rok 2026 díky zakázkám na protiraketový štít Golden Dome a backlogu téměř 194 miliard USD. Palantir sice roste, ale jeho ocenění je už velmi vysoko.
The defense trade of the past few years has split into two stories. One is about software -- the code that turns a flood of sensor data into a targeting decision. The other is about steel -- the interceptors, aircraft, and factories that fill a shooting war's shopping list.
Palantir Technologies (PLTR +2.51%) owns the first story. Lockheed Martin (LMT 1.45%) owns the second. Both are winning work, and the contrast between them says a lot about where defense budgets are heading in 2026.
Image source: Getty Images.
What Palantir is doing in defense Palantir has moved from a data vendor to the decision layer of the U.S. and allied militaries. Its Maven Smart System is built on the company's Artificial Intelligence Platform, which sifts sensor feeds and flags targets, and the Pentagon made it an official program of record in 2026.
That status matters because it signals lasting, budgeted demand rather than a pilot that could vanish. The Army folded some 75 separate contracts into a single enterprise agreement with a $10 billion ceiling over 10 years, the largest deal in the company's history, and both NATO and the U.K. have signed on for their own Maven deployments. Palantir is embedding itself as the software spine that other systems plug into, a durable place to sit as warfare becomes software-defined.
Today's Change
(
2.51
%) $
3.25
Current Price
$
132.55
What Lockheed Martin is doing in defense Lockheed Martin is building the hardware as needed. The center of gravity is the Golden Dome, the national missile shield that has become the defining U.S. defense program of the decade.
Lockheed landed a $35.5 billion award to produce THAAD interceptors, agreed to triple PAC-3 output and quadruple THAAD production under multiyear deals, and won prototype work on space-based interceptors designed to strike missiles after launch. Around the shield, the company keeps upgrading the F-35 with new sensors and electronic warfare capabilities, pairs the jet with autonomous drone wingmen, and pushes ahead with hypersonic weapons. It closed 2025 with a backlog of nearly $194 billion, more than two and a half years of sales on the books at the year's start.
Today's Change
(
-1.45
%) $
-7.91
Current Price
$
538.00
The case for each defense stock, and the risks Palantir's momentum is real, and its software could ride every platform in the field. The catch is that the stock trades at a level that assumes years of flawless growth, so a single quarter that misses the bar can punish the shares. It sells software into budgets that fund hardware first, which caps how large the defense slice can grow in a given year.
Lockheed carries its own scars. It lost the next-generation fighter contract to a rival, its fixed-price programs have a history of cost overruns, and the space-interceptor race for the Golden Dome includes a dozen competitors chasing the same dollars.
Neither name is a clean bet, and an investor should weigh the flaws in both before choosing.
The tiebreaker for me is what 2026 funds. The money in this budget cycle flows to the missile shield and the magazines of interceptors behind it, and Lockheed Martin sits at the center of both, with multiyear contracts and a backlog that turns today's headlines into years of booked revenue.
Palantir may prove the better business over a longer arc, and its software keeps spreading across the same programs Lockheed builds. For the year ahead, though, the visibility of funded programs and the price an investor pays to own them tilt the decision toward the hardware maker.
Palantir is also caught up in the broader AI trade, where any stock with an artificial intelligence story gets bid higher on the theme rather than the results underneath it. That link cuts both ways: If sentiment around AI names cools, Palantir could sell off alongside them even if its defense contracts keep landing on schedule.
This means Lockheed Martin is the better defense stock to own in 2026, with Palantir as the one to watch as the software layer continues to grow. Investors who want defense exposure with a clear line of sight into next year's revenue have the stronger setup in Lockheed. Those who buy Palantir should size their positions to its valuation and treat the swings as the cost of admission.
Etherfi navrhuje spustit zázemí své kreditní karty na Aave V4 na Optimismu s počátečním limitem aktiv ve výši 175 mil. USD. Aave DAO by získala 20 % výnosů z rezerv.
Etherfi submitted a TEMP CHECK proposal to the Aave governance forum on July 3 to build a dedicated, Etherfi-managed Aave V4 whitelabel instance on Optimism mainnet. The goal: replace Etherfi Cash’s existing proprietary debt manager with Aave’s battle-tested lending architecture, starting with a $175M initial asset cap and a plan to scale toward $500M by the end of 2026.
What the deal actually looks like Etherfi would operate a specialized Aave V4 hub exclusively for its credit card backend. In exchange, Aave DAO would receive 20% of all reserve-factor revenue generated by the instance. At full deployment, that revenue share translates to an estimated $5-6 million annually flowing to the Aave DAO.
The proposal also calls for deploying a dedicated GHO GSM on Optimism. This would create direct demand for GHO through real-world card spending.
Etherfi currently reports approximately 70,000 active cardholders with $1 billion in annualized spending flowing through its Visa card product.
Advertisement
Why Optimism, and who’s paying for what The Optimism Foundation is committing $20M from its treasury to support the initiative, alongside additional incentive arrangements that haven’t been fully detailed in the governance discussion yet.
The deployment timeline is aggressive. Etherfi is targeting completion within July 2026, with an initial five-day feedback window for the governance community before the proposal moves to a snapshot temp check vote.
The bigger picture for Aave and DeFi lending The current total value locked in discussions around this deployment sits at approximately $220M, with the $175M initial cap designed to prove the concept before scaling.
The GHO integration deserves particular attention. Aave’s stablecoin has struggled to find demand drivers that don’t rely on incentive programs or recursive yield strategies. A credit card product that converts GHO to fiat at the point of sale creates the kind of sustainable, repeated demand that purely on-chain use cases haven’t delivered at scale.
What this means for investors For AAVE token holders, the revenue-sharing model creates a new income stream tied to real-world consumer spending rather than volatile crypto trading activity. The $5-6M annual projection at full scale might not sound massive for a protocol with Aave’s market cap, but the precedent matters more than the initial dollars.
The risk side of the equation isn’t trivial. Running a credit card backend on a smart contract protocol introduces attack surface that traditional fintech infrastructure doesn’t have. Any exploit on this instance could mean disrupted card payments for tens of thousands of users.
There’s also governance risk to consider. The proposal still needs to pass through Aave’s full governance process, and the community has historically been cautious about whitelabel deployments that could create reputational exposure. The five-day feedback window will be telling.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
PAX Gold (PAXG) zaznamenal 6. července rekordní počet denních aktivních adres a realizovaný zisk vystřelil na pětiměsíční maximum. To naznačuje, že držitelé vybírají zisky během růstu ceny zlata.
On-chain analytics firm Santiment flagged that PAX Gold (PAXG) daily active addresses hit an all-time high on July 6, while network realized profits surged to a five-month peak. The combination paints a clear picture: holders are locking in gains during gold’s broader rally, and more wallets than ever are engaging with the tokenized commodity.
The numbers behind the gold rush PAXG was trading near $4,150 in early July, which might sound impressive until you remember it touched roughly $5,619 on January 29. That’s a decline of about 26% from its all-time high.
Yet the token’s market capitalization still sits at approximately $1.8 billion, backed by a circulating supply of around 452,000 tokens. Each one represents a single fine troy ounce of London Good Delivery gold, stored in LBMA-approved vaults.
Advertisement
The five-month high in realized profits tells us that a meaningful number of PAXG holders bought in at lower prices and are now selling into strength.
Why tokenized gold keeps gaining traction PAXG is issued by Paxos Trust Company, a New York-based regulated trust company that publishes monthly transparency reports confirming the 1:1 physical gold backing.
Paxos launched PAXG back in September 2019. Each PAXG token is fully redeemable for one troy ounce of investment-grade gold stored in segregated LBMA-approved vaults, and the token operates as an ERC-20 asset on Ethereum, meaning it can be moved, swapped, and settled on-chain.
What this means for investors The record active address count suggests PAXG is moving beyond its original audience. When wallet activity hits all-time highs on a $1.8 billion market cap asset, it signals that the user base is expanding, not just churning.
The profit-taking dynamic deserves careful attention. When realized profits spike alongside rising active addresses, it can sometimes precede short-term price consolidation. The 26% drawdown from January’s peak suggests that PAXG isn’t immune to the same supply-demand dynamics that govern every other traded asset.
The competitive landscape for tokenized gold is worth monitoring. Tether’s XAUT is the primary rival, and market share shifts between the two tend to follow regulatory sentiment. Paxos’ status as a regulated trust company and its consistent monthly attestations give PAXG an edge with institutional allocators who need compliance checkboxes ticked before they can deploy capital.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Samsung Electronics ve druhém čtvrtletí více než zdvojnásobil tržby a vykázal devatenáctinásobný růst zisku, přesto jeho akcie prudce oslabily. Investoři totiž od společností stojících v centru boomu umělé inteligence očekávají stále výraznější překvapení. Analytici přitom upozorňují, že nedostatek paměťových čipů by měl přetrvat minimálně do roku 2027, což Samsungu i jeho konkurentům zajišťuje mimořádně silnou cenovou pozici a rekordní ziskové marže.
Tržby Samsung Electronics se více než zdvojnásobily na 171 bilionů wonů. Zisk ve druhém čtvrtletí narostl 19násobně a převyšuje souhrnný zisk za poslední tři roky. Je to zároveň třetí rekordní fiskální čtvrtletí po sobě. Přesto nezvládl ohromit investory zvyklé na raketová čísla růstu dodavatelů čipů. Akcie proto klesly o více než 10 %, což vedlo k propadu jihokorejského benchmarku Kospi, jenž musel i krátkodobě pozastavit obchodování. Společnost Samsung by měla zveřejnit kompletní finanční výkaz, včetně čistého zisku a rozdělení podle divizí, kolem konce měsíce.
Investoři už do značné míry počítali s vysokými ziskovými maržemi z budování AI infrastruktury po celém světě. „Čísla, ačkoli jsou v absolutním vyjádření mimořádná, nejsou o moc lepší než to, co trh modeloval pro akcie nacházející se v epicentru nejžhavějšího sektoru na celém trhu,“ řekl Adam Crisafulli, zakladatel společnosti Vital Knowledge.
"Velmi příznivé hospodářské výsledky společnosti Samsung se všeobecně očekávaly a trh je do značné míry už zohlednil v ceně akcií, které před jejich zveřejněním posílily," uvedl Albert Yong, řídící partner společnosti Petra Capital Management, která akcie Samsungu vlastní. "Investoři nadále vyjadřují obavy ohledně udržitelnosti rozmachu umělé inteligence a rizika, že velké americké technologické firmy zpomalí výdaje na infrastrukturu pro tuto technologii," dodal.
Analytici očekávají, že nedostatek pamětí potrvá minimálně do roku 2027, což Samsungu a jeho konkurentům SK Hynix a Micron Technology propůjčuje obrovskou cenovou sílu. Prodejní ceny DRAM vzrostly v dubnovém až červnovém čtvrtletí o více než 40 % oproti předchozím třem měsícům, zatímco ceny NAND vzrostly o více než 50 %, uvádí HSBC.
Průměrná provozní zisková marže těchto tří výrobců čipů se v červnovém čtvrtletí pravděpodobně pohybovala kolem 75 % až 80 %, uvádí průzkumná společnost Counterpoint. To může vyvolat obavy z nadměrného zisku ze strany výrobců pamětí a vést k regulačnímu tlaku, pokud situace bude pokračovat, uvádí se ve zprávě.
„Nemyslím si, že trh dostatečně chápe, jak dobrá jsou tato čísla,“ řekl ředitel společnosti Counterpoint Tom Kang. Růst cen pamětí byl ke konci druhého čtvrtletí ještě strmější ve srovnání se začátkem čtvrtletí, řekl. „Boom bude v nadcházejících čtvrtletích rozhodně pokračovat.“
Akcie Samsungu zaostávají za konkurenční SK Hynix, která se více zaměřuje na paměti s vysokou šířkou pásma určené pro výpočetní potřeby umělé inteligence. Letos vzrostl o přibližně 150 % ve srovnání se zhruba 250% ziskem SK Hynix.
Tito dva výrobci čipů hrají klíčovou roli v ambicích Jižní Koreje předběhnout ostatní země a ujmout se vedoucího postavení v oblasti umělé inteligence a jsou pod tlakem, aby zvýšili dodávky pamětí. Obě společnosti plánují postavit dva závody na výrobu čipů na jihozápadě země za celkovou investici 800 bilionů wonů, aby rychle rozšířily svou kapacitu. Korea si klade za cíl do pěti let zdvojnásobit svou výrobní kapacitu pamětí. Samotný Samsung letos plánuje vynaložit více než 70 miliard dolarů na rozšíření výrobní kapacity a výzkum.
Constellation Brands oznámila upravený zisk 3,43 USD na akcii, nad odhadem 3,25 USD, a Jim Cramer po poklesu akcií říká, že je to „steal“. Tržby v pivním byznysu podpořil růst dodávek o 1,8 %.
Spotting a Bottom in BeerConstellation Brands recently reported fiscal first-quarter adjusted earnings of $3.43 per share, topping Wall Street expectations of $3.25. The beat was driven by 1.8% shipment growth and strong margins in its core beer business, which includes hit brands like Modelo Especial and Corona Extra.
Cramer, however, views the sell-off as a drastic overreaction. While acknowledging the recent negative sentiment around spirits, he argued that Constellation’s latest report “was one of the first that even remotely smacked of a bottom, especially in beer.”
“I think there was enough here to say that we got a bottom in earnings,” Cramer noted. Pointing to the severity of the market’s reaction, he added, “but this historic thin trader fell nearly $7 today, 130 and change.”
Capitalizing on Collateral DamageWith the stock’s valuation compressed, Cramer is explicitly bullish on the Corona and Modelo maker. “I think it’s a steal down here,” Cramer emphasized, contrasting the current valuation with past highs.
Cramer quickly dismissed this headwind, stating, “And no, I am not worried about World Cup sales being down because Mexico lost in the World Cup. Hey, by the way, that defeat is now in the stock today.”
Ultimately, Cramer views Constellation Brands as “collateral damage” in a broader market rotation, calling it a “great place to do some buying.”
How Has STZ Performed In 2026?Constellation Brands shares have declined 5.28% year-to-date, 7.26% over the last month, and 24.16% over the year. It closed 4.94% lower at $130.68 apiece on Monday, and it was up 0.24% in overnight trading.
Benzinga’s Edge Stock Rankings indicate that STZ maintains a weak price trend in the long, short, and medium terms, with a good growth score.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: T. Schneider / Shutterstock.com
Market News and Data brought to you by Benzinga APIs
Susie Lisa - Senior Vice President of Investor Relations
Reshma Kewalramani - CEO, President & Director
Duncan J. McKechnie - Chief Commercial Officer, Head of North America Commercial & Executive VP
Charles Wagner - Executive VP, COO & CFO
Conference Call Participants
Jessica Fye - JPMorgan Chase & Co, Research Division
Salveen Richter - Goldman Sachs Group, Inc., Research Division
Mario Joshua Chazaro Cortes - Evercore ISI Institutional Equities, Research Division
Andy Chen - Wolfe Research, LLC
Jarwei Fang - Citigroup Inc., Research Division
Evan Seigerman - BMO Capital Markets Equity Research
Michael Yee - UBS Investment Bank, Research Division
Nevin Varghese - RBC Capital Markets, Research Division
Philip Nadeau - TD Cowen, Research Division
Tazeen Ahmad - BofA Securities, Research Division
Brian Skorney - Robert W. Baird & Co. Incorporated, Research Division
Jasmine Fels - Barclays Bank PLC, Research Division
Carter Gould - Cantor Fitzgerald & Co., Research Division
Presentation
Operator
Good day, and welcome to the Vertex Pharmaceuticals conference call to announce the acquisition of Crinetics Pharmaceuticals.
[Operator Instructions]
Please note this event is being recorded. I would now like to turn the conference over to Ms. Susie Lisa. Please go ahead.
Susie Lisa
Senior Vice President of Investor Relations
Thanks, Chuck. Good afternoon, everyone, and thank you for joining us on short notice for this exciting announcement. I'm Susie Lisa, and as Senior Vice President of Investor Relations, it's my pleasure to welcome you to this conference call to discuss Vertex's acquisition of Crinetics Pharmaceuticals.
Making prepared remarks on today's call, we have Dr. Reshma Kewalramani, Vertex's CEO and President; Duncan McKechnie, Chief Commercial Officer; and Charlie Wagner, Chief Operating and Financial Officer. We recommend that you access the webcast slides as you listen to this call. The call is being recorded, and a replay will be available on our website. We will make forward-looking statements on
UOB vidí u GBP/USD silný růstový moment a další prostor k posunu k 1,3410. Průraz nad tuto úroveň by mohl otevřít 1,3445; pod 1,3300 by se býčí výhled zrušil.
United Overseas Bank’s (UOB) Quek Ser Leang highlights a sharp GBP/USD advance to 1.3397 and a firm close at 1.3391. Intraday, Leang sees scope for further gains toward 1.3410, though 1.3445 may stay out of reach. On a 1–3 week horizon, a break above 1.3410 could open 1.3445, while only a fall below 1.3300 would negate the positive Pound bias.
Pound rally faces layered resistance"24-HOUR VIEW: GBP rose to 1.3380 last Friday and then pulled back. When it was at 1.3345 yesterday, we highlighted the following: “While there is scope for GBP to pull back further, any decline is likely to be contained within a 1.3320/1.3375 range. In other words, GBP is unlikely to break clearly below 1.3320.” The subsequent price movements did not unfold as expected. GBP dipped to 1.3329 before staging a sharp advance to 1.3397. GBP closed on a firm note at 1.3391 (+0.29%). Strong momentum suggests further GBP strength toward 1.3410. A break above this major resistance is not ruled out, but based on the prevailing momentum, the next resistance at 1.3445 is likely out of reach. To sustain the momentum, GBP must hold above 1.3350, with minor support at 1.3370"
"1-3 WEEKS VIEW: We turned positive on GBP last Tuesday (30 Jun, spot at 1.3255), indicating that “while GBP could rebound further, it is currently unclear whether any advance can reach 1.3355.” After GBP broke above 1.3355, we highlighted on Friday (03 Jul, spot at 1.3345) that “the advance is overbought, but it could rise further and test 1.3410.” Yesterday, GBP rose to a high of 1.3397. A break above 1.3410 will not be surprising, and it could lead to a move to 1.3445. Overall, only a breach of 1.3300 (‘strong support’ previously at 1.3280) would indicate that GBP is not rising further."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. Know more.)
SoundHound AI na začátku roku otevřel na 10,29 USD a na konci června uzavřel na 6,47 USD, což za první pololetí znamenalo pokles zhruba o 37 %, i přes růst tržeb o 99 % na 168,9 milionu USD v roce 2025. Investory dál trápí ztráta 25 milionů USD za první čtvrtletí a chystaná akvizice LivePerson za 43 milionů USD.
On Jan. 2, SoundHound AI (SOUN +6.26%) stock opened at $10.29. On June 30, it closed at $6.47. For the first six months of the year, that represents a loss of roughly 37%, a tough start for anyone who invested at the beginning of the year.
The decline was due to several factors. And while there is an opportunity for the stock to rebound in the second half, it's going to be an uphill battle.
Image source: Getty Images.
Purchasing $5,000 worth of SoundHound stock at $10.29 would have given an investor roughly 485 shares. By June 30, the end of the first half of the year, that stake would have been worth roughly $3,143.
There's been a lot weighing on the stock price during that time, including concerns over the company's continued unprofitability, worries about shareholder dilution, and fears about the impacts of a high-risk, but potentially high-reward, acquisition.
On the positive side, SoundHound AI keeps posting impressive revenue totals: In 2025, the top line increased 99% to $168.9 million, and first-quarter 2026 revenue increased 52% to $44.2 million.
The issue, however, is that more investors want to see artificial intelligence (AI) companies showing signs that they are headed toward profitability rather than continually burning through cash. For the first quarter, SoundHound reported a net loss of $25 million, according to generally accepted accounting principles.
In addition, with SoundHound AI in particular, there are concerns about shareholder dilution and a looming acquisition. It is trying to buy the conversational AI agent company LivePerson (LPSN 2.59%) for $43 million, and that deal -- an all-equity transaction, which is dilutive to shareholders -- is expected to close by the end of this year.
Today's Change
(
6.26
%) $
0.41
Current Price
$
6.96
What shows promise There are many risks involved in the acquisition. LivePerson is not a profitable company and has struggled heavily. Its stock price is down by more than 99% over the last five years. But if SoundHound can successfully integrate LivePerson's tech into its offerings, the deal could provide long-term value.
SoundHound AI expects its 2027 revenue to land between $350 million and $400 million, with $100 million of that coming from LivePerson. Given that SoundHound's revenue was just under $170 million in 2025, that would be a significant jump.
Why the rest of 2026 could still be bumpy SoundHound AI is likely to keep up its strong revenue growth, but dilution concerns and the pending LivePerson deal still hang heavily over the stock. If the stock price does rebound, it likely won't occur until after the LivePerson acquisition is finalized and investors have a few quarters to see whether it's actually benefiting the buyer.
SoundHound AI is a promising company that has landed many big-name clients, including Walmart, but for shareholders, the second half of the year could be just as rocky as the first.
Stříbro (XAG/USD) klesá o 1,35 % k téměř 61 USD, protože vyšší ceny ropy a obavy z inflace tlačí na neúročená aktiva. Trh čeká na středeční zápis z jednání FOMC.
Silver price (XAG/USD) is down 1.35% to near $61.00 during the Asian trading session on Tuesday. The white metal extends its correction as oil prices see some buying interest, following headlines that Iran fired at least two missiles at commercial ships transiting through the Strait of Hormuz, a critical chokepoint to almost one-fifth of global energy supply.
Iran’s attack on commercial ships has renewed fears of energy supply disruption, whose impact on global inflation has already been witnessed by market participants in the past few months amid the war between the United States (US)-Israel and Iran.
The Silver price underperformed during the Middle East war, as the increase in inflationary pressures due to rising energy prices prompted fears of interest rate hikes by global central banks.
Higher interest rates bode poorly for non-yielding assets, such as Silver.
Going forward, the major trigger for the Silver price will be the release of the Federal Open Market Committee (FOMC) minutes of the June policy meeting on Wednesday. Investors will pay close attention to FOMC minutes to get fresh cues regarding the Federal Reserve’s (Fed) monetary policy outlook.
In the June policy meeting, the Fed decided to leave interest rates unchanged in the range of 3.50%-3.75% and signaled that the central bank will refrain from delivering forward-looking remarks on policy rates at the current policy juncture.
Silver technical analysis
XAG/USD trades lower at around $61.50, maintaining a bearish near-term bias as spot holds beneath the 20-day exponential moving average (EMA) at $63.35. The downside tone is reinforced by the Relative Strength Index (RSI) hovering near 41, which suggests persistent but not extreme selling pressure as rebounds continue to be capped by the nearby EMA barrier.
On the topside, immediate resistance is located at the 20-day EMA at $63.35, and a sustained break above this level would be needed to ease the current bearish pressure and open the way for a more constructive recovery phase. Looking down, the psychological level of $60.00 will be the key support zone; below that, the Silver price could revisit the seven-month low of $55.63.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
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.
Sterling’s rally has been about more than better sentiment toward the UK. It has been driven by the disappearance of one of the market’s biggest bearish trades. As political uncertainty faded following the resolution of Labour’s leadership transition, investors who had built sizeable short Sterling positions found themselves on the wrong side of the market. That process is still unfolding, helping explain why Sterling has outperformed most clearly in the crosses rather than against the Dollar alone.
Before UK Prime Minister Keir Starmer’s resignation, political uncertainty encouraged investors to build substantial bearish positions against Sterling. The decisive outcome of the Makerfield by-election on June 18 removed much of that uncertainty far more quickly than markets had anticipated. For traders who had sold Sterling on expectations of a prolonged political transition, the rationale for the trade weakened almost overnight.
What followed was not necessarily a wave of fresh optimism toward the UK economy but a mechanical process of buying Sterling back. Société Générale estimates speculative accounts were still holding short positions equivalent to 35.5% of open interest as of late June. Although some of those positions have already been unwound, the bank argues the remaining short base is still large enough to support further gains as investors continue to close bearish trades.
At the same time, the fundamental backdrop has quietly become more supportive. Bank of England Governor Andrew Bailey has pushed back against expectations for early policy easing, suggesting interest rates may need to stay restrictive to ensure the inflationary effects of this year’s oil shock fully dissipate. With Bank Rate still at 3.75%, Sterling retains a sizeable yield advantage over the Swiss Franc (0.00%), Euro (2.25%) and Japanese Yen (1.00%), providing an additional incentive for investors to hold the currency.
Those macro and positioning forces are now converging at a technically significant moment. GBP/CHF has resumed its advance from the March low at 1.0281 and is approaching the important resistance zone around 1.08. Provided support at 1.0674 holds, the path of least resistance continues to point higher.
The importance of this zone extends well beyond a simple breakout. A decisive move above 1.0797 would break the medium-term downtrend that has been in place since the 2024 peak at 1.1675. A subsequent break above 100% projection of 1.0821 to 1.0674 from 1.0468 at 1.0861 would reinforce the view that the recovery has transitioned from a corrective rebound into a new impulsive advance, increasing the likelihood of an acceleration toward 161.8% projection at 1.1104.
The longer-term technical backdrop is also improving. GBP/CHF has reclaimed its 55 W EMA (now at 1.0689) and successfully defended the major low at 1.0183 established in 2022. Combined with the ongoing unwinding of Sterling shorts and the Bank of England’s relatively restrictive policy stance, the technical picture suggests Sterling’s recent strength could mark the beginning of a broader medium-term reversal rather than simply another short-lived rebound.
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.
The AUD/USD retreats slightly from the 0.6960 area, or a two-week high, touched during the Asian session on Tuesday, and, for now, seems to have snapped a three-day winning streak. The intraday downtick, however, lacks bearish conviction, warranting caution before confirming that a one-week-old recovery move from a three-month low has run out of steam.
From a technical perspective, the AUD/USD pair, so far, has been struggling to make it through the 38.2% Fibonacci retracement level of the November 2025-May 2026 rally. Furthermore, mixed momentum oscillators make it prudent to wait for a sustained move beyond the said barrier before positioning for an extension of the recent bounce from the very important 200-day Simple Moving Average (SMA) support near 0.6870.
In fact, the Moving Average Convergence Divergence (MACD) has turned slightly positive, hinting at a slight improvement in the upside momentum. However, the Relative Strength Index (RSI) near 42 suggests only modest directional pressure, consistent with a consolidative bias around current levels, warranting some caution for aggressive bullish traders as renewed tensions in the Strait of Hormuz support the US Dollar.
Meanwhile, initial support emerges at the 50% retracement at 0.6853, ahead of a deeper structural floor at the 61.8% Fibo. near 0.6752, with 0.6608 and 0.6425 marking subsequent retracement and cycle-low supports if selling extends. On the topside, a break above the 38.2% Fibo. at 0.6954 would open the way toward the 23.6% retracement barrier at 0.7079, while the cycle high around 0.7282 stands as a more distant objective should bullish momentum gain traction.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
AUD/USD daily chart
Australian Dollar Price Last 7 Days The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies last 7 days. Australian Dollar was the strongest against the Canadian Dollar.
USDEURGBPJPYCADAUDNZDCHFUSD-0.13%-0.99%-0.10%0.04%-0.83%-0.85%-0.25%EUR0.13%-0.88%0.04%0.15%-0.71%-0.66%-0.12%GBP0.99%0.88%0.93%1.01%0.15%0.21%0.75%JPY0.10%-0.04%-0.93%0.17%-0.69%-0.64%-0.18%CAD-0.04%-0.15%-1.01%-0.17%-0.87%-0.80%-0.28%AUD0.83%0.71%-0.15%0.69%0.87%-0.01%0.59%NZD0.85%0.66%-0.21%0.64%0.80%0.01%0.51%CHF0.25%0.12%-0.75%0.18%0.28%-0.59%-0.51% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Australian Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent AUD (base)/USD (quote).
British Pound gains as easing Fed hike bets weigh on US DollarGBP/USD continues its winning streak for the ninth consecutive day, trading around 1.3390 during the Asian hours on Tuesday. The currency pair rises as the US Dollar (USD) faces headwinds as market participants scale back expectations for Federal Reserve (Fed) rate hikes this month and in September. This shift in sentiment followed a cooling employment report that revealed fewer jobs added across April, May, and June than Wall Street had anticipated.
Furthermore, a recent drop in crude oil prices, driven by an OPEC+ production boost and a US-Iran peace deal, has alleviated broader inflationary pressures, softening the urgency for an aggressive Fed policy outlook. Read more...
Pound Sterling rallies into its own coronationGBP/USD has quietly put together eight consecutive higher daily closes, a grind from near 1.3150 that has delivered the pair directly onto its 200-day Exponential Moving Average (EMA), with the 50-day EMA just beneath it and the 1.3400 handle immediately overhead. Monday added another modest gain: Cable based near 1.3350 through the London morning, then climbed all afternoon to stall just shy of 1.3400.
The interesting part is what did not stop it. A hawkish Federal Reserve (Fed) governor was on the wires mid-afternoon, US services data came in warm enough to keep the hike debate alive, and the pair rallied through all of it, which suggests Monday was less about fresh good news for the Pound and more about a Dollar that has run out of new arguments. Read more...
The Mexican Peso remains one of JP Morgan's preferred emerging-market currencies, with the bank arguing that improving domestic growth, attractive carry and resilient trade flows continue to support MXN.
USD/MXN is forecast to ease from current levels, with JP Morgan targeting 17.35 by September 2026, 17.30 by December, 17.30 by March 2027 and 17.30 by June 2027.
JP Morgan analysts say Mexico's economic outlook has improved after a weak start to the year.
"Some green shoots point to a more benign picture for growth in 2H26."
The bank notes that stronger-than-expected April GDP, a rebound in construction activity and robust services growth have prompted it to lift its 2026 GDP forecast from 1.0% to 1.2%.
JP Morgan also expects Banxico to keep its benchmark interest rate unchanged at 6.5% over the coming year as inflation remains comfortably within target.
The bank believes the successful conclusion of the latest USMCA review also removes an important source of uncertainty for investors.
Rather than reopening the agreement, the US, Canada and Mexico agreed to continue negotiations under the existing framework, preserving Mexico's privileged access to US markets.
Carry Trade Still Supports the Peso
JP Morgan argues the Peso's biggest strength remains its attractive yield.
"The structural view for MXN remains constructive, anchored by decent volatility-adjusted carry."
With market volatility easing after the Middle East conflict and Mexico's balance of payments remaining resilient, the bank believes the Peso should continue attracting international capital.
The NZD/USD exchange rate pulled back a bit on Tuesday, reacting to more weak US macro data, and as traders refocused on the upcoming Reserve Bank of New Zealand (RBNZ) interest rate decision. It retreated to 0.5693 from last week’s high of 0.5725.
The New Zealand dollar, commonly known as kiwi, retreated as traders waited for the upcoming RBNZ interest rate decision. Market participants expect that the Anna Breman-led bank will decide to hike interest rates by 0.25%.
The bank will do that to combat elevated inflation. Recent data showed that the headline CPI rose 3.1% in the first quarter, remaining above its target of 2.0%, as energy prices jumped.
Ideally, the rate hike should be bullish for the kiwi as it will make it more attractive to investors. However, it could also be bearish, especially if the bank signals that it will not hike again since crude oil and natural gas prices are falling during the US-Iran ceasefire.
This view likely explains why New Zealand’s bond yields are falling. The ten-year yield dropped to 4.45% from last week’s high of 4.485%. Similarly, the rate-sensitive two-year fell to 3.348%.
The RBNZ decision comes at a time when New Zealand’s economy is doing well. A recent report showed that the economy expanded by 1.5% YoY in the first quarter. It was the third consecutive quarter of gains, with the service industry being the main driving force. Goods-producing industries contracted, with the construction sector contracting by 3.8%.
The NZD/USD pair will react to the upcoming FOMC minutes, which will provide more information on Kevin Warsh’s first meeting. In it, officials left interest rates unchanged between 3.50% and 3.75%, with the dot plot showing that hawks were in ascendance. 9 members hinted that they would support tightening later this year.
Still, it is unclear whether the recent developments will change their outlooks. For example, jobs numbers released last week showed that the economy added 57k jobs last month, lower than the expected 114k. The BLS also revised the previous month’s jobs report lower from 172k to 129k.
Recent PMI numbers also came lower than expected. The ISM non-manufacturing PMI and the S&P Global services PMI fell to 54 and 51.2, respectively. Last week’s manufacturing PMI figure also came short of expectations.
NZD/USD chart | Source: TradingView
Technicals suggest that the recent NZD/USD pair uptrend may be losing steam as the Average Directional Index (ADX) has dropped from 38.4 on July 1 to 35 today. The pair has also remained below the 50-day moving average, and has formed a bearish flag pattern.
These technicals point to more downside in the near term. If this happens, it will drop to the key support level of 0.5621, its lowest level in June this year. A drop below that price will signal that bears have prevailed and push it lower, potentially to 0.5600. A clear bullish breakout will be confirmed if it moves above the 50-day moving average level.
EUR/USD mírně klesá kolem 1,1430, protože dolar lehce posiluje a trh čeká na zápis z červnového zasedání FOMC. Pár zůstává pod 20denním EMA na 1,1460, což drží krátkodobě medvědí tón.
The EUR/USD pair trades marginally lower at around 1.1433 during the European trading session on Tuesday. The major currency pair faces slight selling pressure as the US Dollar (USD) edges up, while investors await the release of the Federal Open Market Committee (FOMC) minutes of the June policy meeting on Wednesday.
At press time, the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, trades slightly higher to near 100.92.
Investors keep an eye on the FOMC Minutes to identify reasons probably responsible for restricting policymakers from delivering forward guidance on monetary policy decisions.
In the June monetary policy press conference, Fed Chairman Kevin Warsh said that policymakers agreed that the “so-called forward guidance is not well suited to the current policy conjuncture.
Like the Fed, officials from the European Central Bank (ECB) also appear not in favor of delivering remarks regarding the monetary policy outlook.
Over the weekend, ECB Governing Council member Emmanuel Moulin also denied providing cues regarding the central bank’s decision in July, while speaking at the Rencontres Economiques conference in Aix-en-Provence. “We are not doing forward guidance so I won’t say what we will do in July,” Moulin said.
EUR/USD technical analysis
EUR/USD trades lower at around 1.1430, keeping a bearish near-term tone as the pair holds beneath the 20-day exponential moving average (EMA) at 1.1460. The fact that price remains under this short-term trend gauge suggests rallies are still being capped, while the Relative Strength Index (14) at 41.9 stays below the neutral 50 line, hinting at lingering downside pressure rather than a decisive recovery.
On the topside, immediate resistance is located at the 20-day EMA around 1.1460, and a sustained break above this level would be needed to ease the current bearish bias and open the way for a stronger rebound. Looking up, the pair could advance to the psychological level of 1.1500 if it breaks above the moving average.
On the downside, the yearly low around 1.1330 will be the key support zone; a break below it would expose the pair to the 29 May 2025 low at 1.1210.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Euro FAQs The Euro is the currency for the 20 European Union countries that belong to the Eurozone. It is the second most heavily traded currency in the world behind the US Dollar. In 2022, it accounted for 31% of all foreign exchange transactions, with an average daily turnover of over $2.2 trillion a day. EUR/USD is the most heavily traded currency pair in the world, accounting for an estimated 30% off all transactions, followed by EUR/JPY (4%), EUR/GBP (3%) and EUR/AUD (2%).
The European Central Bank (ECB) in Frankfurt, Germany, is the reserve bank for the Eurozone. The ECB sets interest rates and manages monetary policy. The ECB’s primary mandate is to maintain price stability, which means either controlling inflation or stimulating growth. Its primary tool is the raising or lowering of interest rates. Relatively high interest rates – or the expectation of higher rates – will usually benefit the Euro and vice versa. The ECB Governing Council makes monetary policy decisions at meetings held eight times a year. Decisions are made by heads of the Eurozone national banks and six permanent members, including the President of the ECB, Christine Lagarde.
Eurozone inflation data, measured by the Harmonized Index of Consumer Prices (HICP), is an important econometric for the Euro. If inflation rises more than expected, especially if above the ECB’s 2% target, it obliges the ECB to raise interest rates to bring it back under control. Relatively high interest rates compared to its counterparts will usually benefit the Euro, as it makes the region more attractive as a place for global investors to park their money.
Data releases gauge the health of the economy and can impact on the Euro. Indicators such as GDP, Manufacturing and Services PMIs, employment, and consumer sentiment surveys can all influence the direction of the single currency. A strong economy is good for the Euro. Not only does it attract more foreign investment but it may encourage the ECB to put up interest rates, which will directly strengthen the Euro. Otherwise, if economic data is weak, the Euro is likely to fall. Economic data for the four largest economies in the euro area (Germany, France, Italy and Spain) are especially significant, as they account for 75% of the Eurozone’s economy.
Another significant data release for the Euro is the Trade Balance. This indicator measures the difference between what a country earns from its exports and what it spends on imports over a given period. If a country produces highly sought after exports then its currency will gain in value purely from the extra demand created from foreign buyers seeking to purchase these goods. Therefore, a positive net Trade Balance strengthens a currency and vice versa for a negative balance.
Commerzbank’s Volkmar Baur notes EUR/USD has been stuck between 1.1350 and 1.1450 since mid-June, with few catalysts expected over the summer. He highlights that the European Central Bank (ECB) is likely to delay its next rate hike to September and that the Federal Reserve (Fed) is also unlikely to deliver clear signals, which should limit US Dollar (USD) strength and gradually support the Euro (EUR) into next year.
Rangebound pair awaits autumn drivers"Since mid-June, EUR/USD has been fluctuating between 1.1350 and 1.1450, and one is slowly getting the feeling that this could continue for a while longer."
"It therefore seems probable that the ECB will leave the key interest rate unchanged, while at the same time making it clear that another rate hike is possible but not yet certain."
"As for the Fed, the market is currently still pricing in slightly more than one rate hike by year-end. In September, Kevin Warsh will have to say a bit more than just “task force” when asked about the economic situation. We continue to expect that he will not raise interest rates - a development that is likely to weigh on the dollar."
"And the closer we get to next year, the stronger the support for the euro is likely to become. Yesterday’s German industrial orders data showed that a cyclical recovery is slowly taking shape. Structural reforms and expansionary fiscal policy should also help Germany and Europe grow faster next year."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. Know more.)
GBP/USD se drží beze změny kolem 1,3352, protože ústup britského politického rizika vyrovnal obnovenou poptávku po USD. Dolar podpořil i nákup po poklesu po pátečních datech z trhu práce.
The Pound to Dollar (GBP/USD) exchange rate traded in a narrow range on Monday as easing UK political uncertainty offset renewed demand for the US Dollar following last week's sharp selloff.
At the time of writing, GBP/USD was trading at $1.3352, little changed on the day.
Latest — Exchange Rates:
Pound to Dollar (GBP/USD): 1.335559 (+0.03%)
Euro to Dollar (EUR/USD): 1.141696 (-0.17%)
Dollar to Yen (USD/JPY): 162.33951 (+0.61%)
DAILY RECAP:
The US Dollar attracted support on Monday as US markets reopened following the long Independence Day weekend.
The ‘Greenback’ seemed to have entered oversold conditions following its sharp losses in the wake of last week’s non-farm payrolls report, which reported an unexpectedly large slowdown in job creation.
Therefore, some price-conscious investors were willing to buy the dip, lifting the US Dollar.
Meanwhile, the latest ISM services PMI printed in line with expectations, easing from 54.5 in May to 54 in June. Although this was a slight softening of activity, it still represented a healthy expansion in the US services sector.
Meanwhile, the Pound (GBP) held strong on Monday as investors continued to scale back the political risk premium that has weighed on Sterling in recent weeks.
With MP Andy Burnham widely expected to become the next Prime Minister, markets appear increasingly confident that the UK will avoid a lengthy and disruptive Labour leadership contest.
Burnham has moved to reassure investors since launching his leadership bid, pledging to maintain the government’s existing fiscal rules while also outlining ambitious plans to support the economy.
This has been well received by GBP investors, with Sterling finding support as concerns over UK political instability continue to recede.
Near-Term GBP/USD Forecast: US Employment Data to Support the Dollar? Looking forward, high-impact data is thin on the ground on Tuesday, with the US weekly ADP employment change figure being the only release of note. This mid-tier data could support the US Dollar, if it reports healthy growth in US private employment.
Elsewhere, market risk appetite could influence the pairing. The safe-haven US Dollar would likely benefit if the market mood sours, while the increasingly risk-sensitive Pound could attract support if sentiment brightens. Any shifts in risk appetite could see GBP/USD waver.
Equinor od 29. června do 3. července odkoupil 439 635 vlastních akcií za průměrnou cenu 313,6694 NOK za kus. V rámci druhé tranše programu už nakoupil 2 754 103 akcií.
Please see below information about transactions made under the second tranche of the 2026 share buy-back programme for Equinor ASA (OSE:EQNR, NYSE:EQNR, CEUX:EQNRO, TQEX:EQNRO).
Date on which the buy-back tranche was announced: 6 May 2026.
The duration of the buy-back tranche: 19 May to no later than 20 July 2026.
Further information on the tranche can be found in the stock market announcement on its commencement dated 6 May 2026, available here: https://newsweb.oslobors.no/message/672447
From 29 June to 3 July 2026, Equinor ASA has purchased a total of 439,635 own shares at an average price of NOK 313.6694 per share.
Overview of transactions:
DateTrading venueAggregated daily volume (number of shares)Daily weighted average share price (NOK)Total daily transaction value (NOK) 29 JuneOSE100,000311.491531,149,150.00 CEUX TQEX 30 JuneOSE99,635312.093931,095,475.73 CEUX TQEX 1 JulyOSE CEUX TQEX 2 JulyOSE120,000313.420837,610,496.00 CEUX TQEX 3 JulyOSE120,000317.041238,044,944.00 CEUX TQEX Total for the periodOSE439,635313.6694137,900,065.73 CEUX TQEX Previously disclosed buy-backs under the trancheOSE2,314,468339.9067786,703,130.95CEUX TQEX Total2,314,468339.9067786,703,130.95 Total buy-backs under the tranche (accumulated)OSE2,754,103335.7185924,603,196.68CEUX TQEX Total2,754,103335.7185924,603,196.68 Following completion of the above transactions, Equinor ASA owns a total of 13,259,988 own shares, corresponding to 0.55% of Equinor ASA’s share capital, including shares under Equinor’s share savings programme (excluding shares under Equinor’s share savings programme, Equinor owns a total of 2,754,103 own shares, corresponding to 0.12% of the share capital).
This is information that Equinor ASA is obliged to make public pursuant to the EU Market Abuse Regulation and that is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
Appendix: A overview of all transactions made under the buy-back tranche that have been carried out during the above-mentioned time period is attached to this report and available at www.newsweb.no.
There is just no stopping Advanced Micro Devices (AMD +6.74%) right now. Shares of the semiconductor specialist have soared by more than 300% over the past 12 months (as of writing) and recently hit a fresh all-time high. For investors worried they may have missed the boat, here's the good news: There are solid reasons to remain bullish on AMD's outlook, and the stock may still deliver market-beating returns over the medium term. Here is why.
Image source: The Motley Fool.
Accelerating demand AMD's financial results have been strong. In the first quarter, the company's revenue increased by 38% year over year to $10.3 billion. The tech leader's data center segment grew even faster, posting sales of $5.8 billion, up 57% year over year. On the bottom line, AMD's adjusted earnings per share climbed 43% year over year to $1.37. The company did all that while slightly improving its gross and operating margins. The business is booming.
However, the market is even more excited about what's coming. AMD could ride the next wave of the artificial intelligence (AI) industry even more than it did the first. While AMD is a notable player in the GPU (Graphics Processing Unit) market, it is far behind the leader in this niche, Nvidia (NVDA +0.38%). But AMD has a much larger share of the CPU (Central Processing Unit) market. As the AI industry shifts from training to inference, demand for CPUs will soar.
Notably, the rise of agentic AI will be a major tailwind for AMD. AI agents are complex, autonomous systems that can accomplish tasks and work toward goals with limited human involvement. As AMD argues, agentic AI systems require a full stack of CPUs to function properly. As a result, although during the first phase of the AI revolution GPUs were in much higher demand, the CPU-to-GPU ratio will now move closer to 1:1, according to AMD, versus the previous 1:4 or 1:8.
This is great news for AMD, as its EPYC processors are among the market leaders. Meanwhile, the company has gained share in the server CPU market in recent quarters. All of this suggests that AMD's financial results may improve, and it could continue beating the market over the next few years.
Today's Change
(
6.74
%) $
34.92
Current Price
$
552.75
There are some risks Although AMD's prospects look strong, it's worth considering several potential pitfalls. First, AMD is not the only CPU giant that is looking to tap into the soaring demand. The company's longtime rival, Intel (INTC +1.50%), is doing the same. There is also Nvidia which is launching its Vera CPU, specifically to take on the agentic AI revolution. Nvidia may be a formidable competitor, as the Vera CPU is designed as part of an integrated AI computing platform that includes the Rubin GPU.
Since Nvidia remains the runaway leader in GPUs, many companies may choose its CPUs, which are better suited to work with its GPUs. Second, there is always the possibility that the agentic AI boom won't live up to expectations. Nvidia estimates a $200 billion total addressable market for CPUs thanks to agentic AI. AMD projected a compound annual growth rate (CAGR) of more than 35% through 2030, and a total market worth over $120 billion by then. If this demand falls short of expectations, AMD's top-line growth will slow, and the company's shares may decline significantly.
Third, AMD's shares don't exactly look cheap after its run. The company is currently trading at 73.5x forward earnings, compared to an average of 22.2x for information technology stocks. At current levels, the stock may drop sharply at the first sign of trouble. So, should investors still invest in AMD? My view is that it looks attractive even with these caveats. AMD's recent market share gains show that it can thrive despite the competition in an industry that can accommodate multiple winners.
Further, CPU demand has risen so rapidly that AMD's recent 35% CAGR estimate through 2030 is almost double the company's projection six months earlier. Finally, AMD's valuation could become more reasonable as growth accelerates. In fact, the company's forward price/earnings-to-growth ratio -- which accounts for expected earnings growth -- is 1.2. The "undervalued" range typically starts below "1," but AMD's shares don't look drastically overvalued by this metric. And the stock is worth a premium anyway, considering what may lie ahead. In short, AMD's shares are still worth investing in.
Synopsys ukončí prodej softwaru EES a FDC pro řízení výroby polovodičů a přesouvá zdroje do návrhu čipů s využitím AI. O plánu už informoval více než 10 výrobců čipů včetně Samsungu a SK Hynix.
SummaryCompaniesSynopsys informed chipmakers including Samsung, SK Hynix about 'end of life' move, sources saySoftware helps monitor and detect production anomalies during chip productionSynopsys says it is discontinuing select legacy products to focus resources on other higher-value onesSEOUL, July 7 (Reuters) - U.S. chip design giant Synopsys (SNPS.O), opens new tab plans to stop offering a suite of manufacturing process control software used by global semiconductor makers, six sources briefed on the matter said, as it seeks to divert resources to higher-margin offerings such as AI design.
Synopsys in April and May informed more than 10 chipmakers including Samsung Electronics, SK Hynix (000660.KS), opens new tab, Kioxia Holdings Corp (285A.T), opens new tab and Qorvo Inc (QRVO.O), opens new tab about the "end of life" move that means Synopsys will not provide future new versions and will only carry out maintenance obligations, two of the sources said.
Make sense of global markets with the Trading Day newsletter. Sign up here.
The affected products include the Equipment Engineering System (EES) and Fault Detection and Classification (FDC), a set of automation software that acts as the central nervous system of semiconductor fabrication plants to monitor and detect any anomalies before they cascade into costly defects, the two sources said.
The company has already laid off a few dozen staff, said three of the sources, one of whom added that Synopsys plans to conclude talks with each chipmaker on maintenance obligations by July.
Synopsys is discontinuing some legacy manufacturing analytics products to focus resources on the highest-value products, a company spokesperson told Reuters in a statement, without naming the products.
The move highlights a changing balance in the semiconductor software industry, where vendors are investing more heavily in AI design technologies while some chipmakers increasingly build manufacturing software in-house.
"While we are discontinuing certain manufacturing analytics products, which are older diagnostic tools not in our customers' critical paths of production, we continue to invest in new capabilities in this area of our portfolio and are honoring all existing contractual and support obligations as we take this action,” the Synopsys spokesperson said.
The company declined to disclose whether job cuts were involved.
CUSTOMERS LOOK TO DEVELOP IN-HOUSE TOOLSSynopsys began offering the EES product after acquiring semiconductor manufacturing solutions from South Korean firm BISTel in 2021 for an undisclosed amount.
One of the sources said Synopsys had been wanting to be free of support and maintenance obligations related to IP services and to reallocate engineers to high-margin AI design. Synopsys completed its $35 billion purchase of engineering software firm Ansys, opens new tab in 2025.
That person and a second source said the software's removal risked causing some declines in production yields for chipmakers as the software needed to be constantly maintained, updated and patched.
However, four of the other sources said they did not expect an impact on production at major chipmakers.
One of the sources said the decision was also taken partly because enhancing the EES service required chipmakers to share tightly-held manufacturing data. Some clients like Samsung were also developing their own in-house tools, impacting the competitiveness of Synopsys' offerings, two sources said.
A Samsung spokesperson confirmed the end-of-life decision and said active discussions were underway with Synopsys regarding the product's sunset. Samsung had established compatible alternatives and there would be "no negative impact on production," the spokesperson said when asked if production yields could decline.
SK Hynix declined to comment. Kioxia and Qorvo did not respond to requests for comment.
Synopsys has for decades been one of the main suppliers of software used in determining how to arrange the tens of billions of transistors that make up chips, which can be 2,000 times smaller than the width of a strand of human hair.
In March, Synopsys introduced a technology it said would pave the way toward AI agents taking over many of the tasks in creating chips.
Reporting by Cynthia Kim and Hyunjoo Jin in Seoul, Wen-Yee Lee in Taipei and Stephen Nellis in San Francisco; Editing by Brenda Goh and Jamie Freed
Our Standards: The Thomson Reuters Trust Principles., opens new tab
M&T Bank Corporation (NYSE:MTB) will release its second quarter earnings report before the opening bell on Wednesday, July 15.
Analysts expect the Buffalo, New York-based company to report quarterly earnings of $4.67 per share, up from $4.24 per share in the year-ago period. The consensus estimate for M&T Bank’s quarterly revenue is $2.46 billion. It reported $2.4 billion last year, according to Benzinga Pro.
On June 23, M&T Bank announced the appointment of Krista Phillips as its Delaware regional president.
M&T Bank shares rose 0.4% to close at $239.92 on Monday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Considering buying MTB stock? Here’s what analysts think:
Photo via Shutterstock
Market News and Data brought to you by Benzinga APIs
Intercontinental Exchange oznámila, že celkový otevřený zájem v červnu meziročně vzrostl o 20 %. Rekordy táhly hlavně finanční deriváty a úrokové sazby.
ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), one of the world’s leading providers of financial market technology and data powering global capital markets, today reported June 2026 trading volume and related revenue statistics, which can be viewed on the company’s investor relations website at https://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet.
“For over 25 years, ICE has built and scaled technology that evolves with our customers' needs, combining deep liquidity, global participation, operational resilience and transparent price discovery into a single connected marketplace," said Ben Jackson, President of ICE. “Open interest is up 20% year-over-year across ICE’s markets, highlighting the value of our global, all-weather model which allows customers to navigate complex risk in whatever way they choose, and as precisely as they need. The record performance in ICE’s financial derivatives complex this year underscores the depth of liquidity our platform provides when markets shift materially.”
June highlights include:
Total open interest (OI) up 20% y/y Total Energy OI up 6% y/y Total Natural Gas OI up 8% y/y North American Gas OI up 8% y/y TTF gas OI up 8% y/y Asia gas OI up 44% y/y, including record OI of 252k lots on June 30 Total Agriculture & Metals ADV up 29% y/y; OI up 43% y/y Sugar ADV up 20% y/y; OI up 28% y/y Cocoa ADV up 97% y/y; OI up 73% y/y Coffee ADV up 27% y/y; OI up 22% y/y Cotton ADV up 35% y/y; OI up 109% y/y Total Financials ADV up 27% y/y; OI up 46% y/y, including record OI of 56.8M lots on June 11 Total Interest Rates ADV up 29% y/y; OI up 52% y/y, including record OI of 53.0M lots on June 11 Euribor ADV up 16% y/y; OI up 32% y/y, including record OI of 28.7M lots on June 11 SONIA ADV up 53% y/y; OI up 85% y/y Gilts ADV up 13% y/y; OI up 17% y/y Total Equity Indices ADV up 16% MSCI ADV up 21% y/y NYSE Cash Equities ADV up 32% y/y NYSE Equity Options ADV up 47% y/y Second quarter highlights include:
Asia Gas ADV up 6% y/y Record total Agriculture & Metals ADV up 36% y/y Sugar ADV up 30% y/y Cocoa ADV up 73% y/y Coffee ADV up 16% y/y Record Cotton ADV up 59% y/y Total Financials ADV up 22% y/y Total Interest Rates ADV up 24% y/y Euribor ADV up 12% y/y SONIA ADV up 39% y/y Gilts ADV up 18% y/y Total Equity Indices ADV up 8% y/y MSCI ADV up 19% y/y NYSE Cash Equities ADV up 12% y/y NYSE Equity Options ADV up 44% y/y About Intercontinental Exchange
Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds, and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges -- including the New York Stock Exchange -- and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology, we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines, and automates industries to connect our customers to opportunity.
Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).”
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 5, 2026.
PYTH za týden vzrostl o více než 25 % před upgradem Pyth Core 31. července, který ukončí bezplatný přístup k price feedům a nasměruje předplatné do buybacků PYTH.
PYTH gained more than 25% over the past week, outperforming most large-cap altcoins. The Pyth Core upgrade on July 31 ends free, permissionless access to the network’s price feeds. All subscription revenue flows to the Pyth DAO, which funds monthly open-market token buybacks. Santiment ranks Pyth among the top three Solana ecosystem projects by development activity. Pyth Network’s native token has climbed more than 25% over the past seven days, trading around $0.045 with a market capitalization of $355 million, according to CoinMarketCap data. The rally comes three weeks before the Pyth Core upgrade goes live on July 31, a structural overhaul that ends the network’s free price data model and replaces it with paid subscriptions whose revenue feeds directly into PYTH buybacks. he timing invites an obvious reading – traders positioning before the deadline – though the move also coincides with a broader altcoin rotation, so the upgrade cannot claim sole credit. What the pace does show is acceleration: 12% of the gain arrived in the past 24 hours alone.
The end of free data Any developer has been able to pull Pyth’s price data free of charge since 2021, an arrangement that ends this month. According to the official Pyth Network blog, accessing any Price Feeds API after July 31 will require an active paid plan and an API key managed through the Pyth Terminal.
Pricing follows a tiered structure: the entry-level Starter Plan covers crypto prices, NAV data, redemption rates and indices, traditional asset classes sit in separate brackets, and institutions that want everything pay a flat monthly rate at the top of the scale.
Plan Coverage Monthly price Starter Crypto, NAV, redemption rates, indices $500 Individual asset classes US equities, futures or FX, per bracket $2,500 – $6,500 Full access All asset classes $10,000 The team stresses that API endpoints stay identical, so protocols built on Pyth since 2021 will not face broken integrations. The infrastructure serving those endpoints is another matter. Core feeds merge into the same scaling technology that powers Pyth Pro, which the project says reduces latency, improves price accuracy and expands symbol coverage well beyond the current catalog.
Three moving averages down, one barrier left The 4-hour PYTH/USDT chart from TradingView, based on Binance data, shows the token cutting cleanly through its 50, 100 and 200-period simple moving averages during the latest leg up. Those averages now sit clustered between $0.0361 and $0.0389, well below the current price near $0.0452. When a price trades above all three of these lines, it usually signals that short, medium and longer-term momentum have aligned in the same direction, something PYTH has not managed since its early May local top above $0.062.
The same chart carries a warning for anyone entering at current levels. The Relative Strength Index, an indicator that measures how fast and how far a price has moved, briefly pushed above 80 before settling near 72. Readings above 70 typically describe an overbought market, meaning the asset has risen quickly enough that a pause or pullback becomes more likely in the short term. The candle that tagged $0.048 on July 7 already met sellers, and the price has since retreated about 2%.
Metric Value Price $0.04512 24h change +12.01% 7d change +25.39% Market cap $355.35M 50 / 100 / 200-period SMA $0.0389 / $0.0369 / $0.0362 RSI 72 For traders watching levels, the former resistance band around $0.042, where the price stalled twice in early July, now acts as the first area of potential support. A deeper retracement would bring the moving average cluster near $0.038 back into focus. On the upside, $0.048 remains the barrier that rejected the latest push.
A buyback engine tied to real revenue Every dollar of subscription revenue flows to the Pyth DAO. From there, the Pyth Reserve spends one third of its accumulated treasury balance each month on open-market PYTH purchases, creating a direct link between commercial adoption and buying pressure on the token.
The scale of what becomes billable is not trivial. The network entered 2026 with more than 2,850 active price feeds serving over 650 onchain applications, usage that until now generated no recurring revenue. If even a fraction of those integrations convert into paying subscribers, the DAO treasury grows, and with it the monthly buyback budget.
The supply side makes the rally more notable than the percentage alone suggests. On May 19, Pyth released roughly 2.13 billion tokens from vesting, an unlock worth around $92 million that expanded the circulating supply by more than a third, according to data from Tokenomist. Cliffs of that size usually cap price action for months while the market digests the new float. PYTH instead spent seven weeks basing near its yearly lows and is now climbing into the upgrade with that overhang already behind it.
Some rough arithmetic shows what is at stake. If just 200 of those 650 integrations take the $500 Starter Plan, that is $1.2 million in annual recurring revenue reaching the DAO – modest against PYTH’s $355 million market cap, but recurring. The bull case requires institutional brackets: fifty clients on full access would mean $6 million a year, and a third of the growing treasury converting into monthly market buys. Neither scenario is confirmed, and that is precisely why the first revenue disclosure matters more than the upgrade date itself.
The upgrade also retires older parts of the network. Pyth is deprecating its original Pythnet appchain and winding down Oracle Integrity Staking emissions as data delivery migrates to the newer Pyth Lazer pipeline. Fewer emissions combined with recurring buybacks tilt the token’s supply dynamics toward scarcity, provided the subscription business actually generates meaningful revenue. That remains the open question, and the Core tier has no revenue history yet to test it against – the only disclosed figures so far come from Pyth Pro’s institutional side, which crossed $1 million in annual recurring revenue with a few dozen subscribers.
A hard deadline for builders Teams running infrastructure on Pyth face a hard deadline. Anyone using the standalone Price Pusher to manage on-chain updates must upgrade to version 10.5.0 or later and attach a Hermes access token obtained through the Pyth Terminal, otherwise automated price updates will start failing on July 31, according to the network’s developer documentation. The DAO will handle major contract switches automatically, but new integrations should fetch the updated contract addresses from the Pyth Developer Hub rather than relying on legacy references.
Development data gives the rally support that is independent of the upgrade itself. Santiment Intelligence placed Pyth third among all Solana ecosystem projects by development activity in its latest monthly ranking, behind only Chainlink and Solana itself, based on enhanced GitHub event data. Sustained developer output during a commercial pivot is not a given, and Pyth holding that position suggests the engineering side is keeping pace with the business restructuring.
Broader market rotation is working in the token’s favor too: CoinMarketCap’s Altcoin Season Index has climbed to 49, and capital moving into mid-cap tokens has lifted several oracle and infrastructure names this week. The next real test comes after July 31, when the first subscription figures will show whether the buyback program has meaningful funding behind it or whether the market front-ran a mechanism that still needs paying customers.
TYSONS, Va.--(BUSINESS WIRE)--Maximus (NYSE: MMS), a leading provider of government services, announced today that its Board of Directors has approved a quarterly cash dividend of $0.33 per share, payable on August 31, 2026, to shareholders of record on August 14, 2026.
About Maximus
As a leading strategic partner to government, Maximus helps improve the delivery of public services amid complex technology, health, economic, and social challenges. With a deep understanding of program service delivery, acute insights that achieve operational excellence, and an extensive awareness of the needs of the people being served, our employees advance the critical missions of our partners. Maximus provides tech-enabled services to government agencies, including innovative business process management and technology solutions, that provide improved outcomes for the public and higher levels of productivity and efficiency of government-sponsored programs. For more information, visit maximus.com.
Included in this press release are forward-looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: "anticipate," "intend," "plan," "goal," "seek," "opportunity," "could," "potential," "believe," "project," "estimate," "expect," "continue," "forecast," "strategy," "future," "likely," "may," "should," "will," and similar references to future periods. Any statements herein that are not historical facts, including statements about our dividend or future dividends, are forward-looking statements that are subject to risks and uncertainties. These risks could cause our actual results to differ materially from those indicated by such forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. A summary of risk factors can be found in Item 1A, "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended September 30, 2025, filed on November 20, 2025.
Meta uvedla, že čtyři americké státy požadují v srpnovém soudním řízení až 1,4 bilionu USD na pokutách kvůli obvinění, že Facebook a Instagram měly návykové funkce pro mladé uživatele. Firma tvrdí, že částka není podložena důkazy.
People walk behind a logo of Meta Platforms company, during a conference in Mumbai, India, September 20, 2023. REUTERS/Francis Mascarenhas Purchase Licensing Rights, opens new tab
SummaryCompaniesPenalties were calculated based on state laws in Colorado, California, Kentucky and New JerseyMeta says the number is not supported by evidenceThe company faces thousands of claims over addictive featuresJuly 6 (Reuters) - Meta Platforms (META.O), opens new tab said in a court filing on Monday that four states were seeking $1.4 trillion in penalties over accusations the company designed its Facebook and Instagram platforms to addict young users and misled the public about their safety.
Meta put forward the figure in its response to the attorneys general's filings on how penalties should be calculated if the states prevailed at trial.
The Reuters Daily Briefing newsletter provides all the news you need to start your day. Sign up here.
The number, which has not previously been disclosed and is close to Meta’s market capitalization of around $1.5 trillion, comes ahead of an August trial in Oakland, California over the claims brought by California, Colorado, Kentucky and New Jersey against the company.
Meta said the amount was unsupported by the evidence.
"A sanction of that size has no analog in the history of consumer protection enforcement," the company said in the filing.
Representatives for the attorneys general did not immediately respond to requests for comment after the filing.
TALLYING DAMAGESThe states' filings are sealed, but at a court hearing in June they said they were calculating the penalties by multiplying the number of violations by fine amounts set by state law. The number of violations is based on the estimated number of teens and young users affected by Meta's actions, the states said.
Twenty-nine states have sued Meta in federal court, most of them alleging the company violated the federal Children's Online Privacy Protection Act by collecting data from children without proper parental consent. The trial in August before U.S. District Judge Yvonne Gonzalez Rogers will address all claims brought under that law, plus the four states’ allegations that the company violated their state laws protecting consumers by misleading them about the safety of their platforms.
Meta has denied the allegations, saying the attorneys general have no evidence it misled consumers about its platforms' alleged addictiveness because "social media addiction" is not an established psychiatric condition, and therefore statements that its platforms were not addictive could not be false.
A further 14 states have brought claims under their own laws, which will be heard at a separate trial in February.
Last month, Rogers rejected Meta’s bid to cancel the trial, saying there remained factual disputes over whether its social media platforms were addictive, whether Meta falsely denied it designed them that way, and whether it "partially" directed the platforms at children.
California Attorney General Rob Bonta said after Rogers' ruling that Meta was putting profits ahead of children's safety and breaking consumer protection laws, promising to hold the company "fully accountable" for its role in the teen mental health crisis.
Meta, Snapchat and parent Snap Inc. (SNAP.N), opens new tab, YouTube and parent Alphabet Inc. (GOOGL.O), opens new tab, and TikTok and parent ByteDance are facing thousands of lawsuits in both federal and state court over claims they knowingly designed their platforms to have features that addict children and teens, fueling a mental health crisis.
States across the country have sued the companies, some as part of the case before Rogers and others in their home state courts. New Mexico was the first to go to trial, and a jury awarded the state $375 million in March after finding the company had misled New Mexico consumers.
A judge in New Mexico is currently weighing the second portion of the state’s case, which seeks additional damages and a court order directing the company to make changes to its Instagram, Facebook and WhatsApp platforms.
Reporting by Diana Novak Jones; Editing by Alexia Garamfalvi and Kate Mayberry
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Diana reports on product liability, litigation, mass torts and the plaintiffs' bar. She previously worked at Law360 and the Chicago Sun-Times.
Microsoft v první polovině roku klesl asi o 20 % a byl nejhorším mega-capem v Dow Jones. Firma ale uvedla, že její AI byznys vzrostl o 123 % na roční tempo tržeb přes 37 miliard USD.
After three years of spectacular gains, technology companies faced a rockier path in the first half of this year -- particularly in the first quarter. Investors worried about the pace of spending on artificial intelligence (AI) and whether the revenue opportunity would make it all worthwhile. Turmoil in Iran also weighed on sentiment as energy prices rose and investors carefully watched U.S. economic reports -- and many of these reports prompted them to question the strength of the economy. All of these uncertainties pushed investors into a rotation out of certain AI stocks and into companies viewed as offering more revenue stability.
The situation brightened in the second quarter, as strong corporate earnings reports and work toward peace in Iran offered investors reason for optimism. The S&P 500, the Nasdaq Composite, and the Dow Jones Industrial Average even advanced in the double digits. And the Dow posted its best first half in five years.
But, during the first half, one particular tech stock had a difficult time. This giant was the worst-performing mega-cap in the Dow over that period. Is the company a stock to avoid, or is it offering investors a no-brainer buying opportunity right now? Let's find out.
Image source: Getty Images.
Platforms you may use daily Which company am I talking about? One that you probably know very well -- you may even use one of its key products daily at work or at home. I'm talking about Microsoft (MSFT 0.94%), owner of the Microsoft 365 suite of apps, including the immensely popular platforms Word and Excel.
Microsoft stock dropped about 20% in the first half of the year, posting the biggest loss of any mega-cap member of the Dow Jones Industrial Average. Why such a decline? Earlier in the year, as the abilities of AI models progressed, some investors started to worry that AI would eventually replace software. As a result, software stocks such as Microsoft slid.
Today's Change
(
-0.94
%) $
-3.68
Current Price
$
386.81
Now, I'll address this concern right away: It's very possible that AI could replace some software down the road -- but I wouldn't expect the Microsoft 365 suite to be part of this group. Companies have extensively integrated Microsoft's software into their operations, meaning it would be difficult, time-consuming, and costly to drop this platform in favor of another option. It's also important to note that Microsoft's software integrates AI, offering AI features such as Copilot to users. So as AI advances, Microsoft's software is likely to improve too.
Meanwhile, at home users of Microsoft may not be quick to shift out of their habits of writing on Microsoft Word, for example, and favor a new system. People tend to stick with what they feel most comfortable with -- and many people have been using Microsoft's software for decades.
AI as a valuable partner So I don't think AI represents a major threat to Microsoft, and instead, it may even be a valuable partner. On top of this, Microsoft's cloud business is significantly benefiting from AI as it offers AI products and services to its customers. In the recent quarter, the company said its AI business soared 123% to exceed an annual revenue run rate of $37 billion. As a cloud leader and a key partner of OpenAI -- Microsoft has invested about $13 billion in the AI lab -- Microsoft is well-positioned to win in the coming chapters of the AI story.
Of course, Microsoft stock may not soar as much as a young, up-and-coming AI stock, but that's OK. The company has a profile that may suit a broad range of investors: Its earnings track record will impress cautious investors, and its exposure to AI will please growth investors. And this combination should support stock performance over the long run.
Meanwhile, Microsoft looks dirt cheap at 20x forward earnings estimates, making this Dow Jones stock a no-brainer buy right now.
Netflix podle Bloombergu ztrácí diváky ještě před druhou řadou, protože publikum stále více míří k TikToku, YouTube a krátkým videím. Firma proto už testuje feed ve stylu TikToku.
A buzzy Bloomberg report citing Netflix data suggests viewers are increasingly abandoning popular shows before the second season. The likely reasons aren’t hard to guess: Netflix frequently cancels shows, there’s too long a wait in between seasons, and much of Netflix’s content is designed for an algorithm instead of for the sake of art.
But the data also points to a shift in how people are consuming entertainment. Netflix’s defining innovation – the binge — was built for an era when streaming was competing with traditional TV. Today, Netflix is competing with TikTok, YouTube, Reels, and various microdrama apps. That shift makes Netflix’s binge model feel like a dated relic from another era.
Bingeing helped Netflix beat TV When Netflix first dropped an entire season of “House of Cards” in February 2013, it was a revelation.
Ad-free, internet-connected TV meant we could be unshackled from the traditional routine of once-per-week shows punctuated by commercials. Instead, bingeable shows meant viewers could be entertained for hours on end, quickly forming a bond with titles and their characters that would have otherwise taken years to develop. Plus, you could drop in on them at any time — not only the day the network decided to air them, as with linear television.
This way of viewing made sense in a world where Netflix was largely still competing with traditional TV like broadcast, cable, and satellite. But Netflix won that fight. Nielsen in June 2025 announced that the TV era reached a new milestone, when the Netflix-style streaming format for the first time eclipsed broadcast and cable viewing — a milestone that made clear Netflix’s original competition was no longer the threat.
Now Netflix’s competition isn’t the TV of old, but what has become the TV of today: video apps.
TikTok and YouTube are today’s threats Thanks to the rise of TikTok, Reels, and other short-form video platforms, there’s no need for you to visit Netflix when you have a couple of hours to kill with mindless entertainment. There’s an endless, free supply of video you can turn to instead.
According to eMarketer analysts, TikTok was already nearing Netflix in terms of time spent back in 2024, when U.S. adults were spending an average of 62.1 minutes per day streaming from Netflix and 58.4 minutes per day on TikTok. In 2024, the Financial Times reported that, globally, TikTok users spent an average of 95 minutes per day on the app, the highest engagement rate among major social networks.
Image Credits:eMarketer Then there is YouTube, which offers a combination of both short and longer-form content. Per a report released this year by Digital i, YouTube surpassed Netflix in average daily viewing for the first time, with 99.1 minutes daily in 2025 compared with Netflix’s 93.4 minutes.
These market reports use differing methodologies and demographics, so they should be taken with a grain of salt — but directionally, they point the same way. YouTube and apps like TikTok are Netflix’s real competition, not TV.
Netflix has even acknowledged this existential threat by way of a product redesign in April that added a TikTok-like feed based on Netflix content.
Where Netflix gets the feed wrong is that it’s still pitched as a way to help you find something to watch, rather than being the thing you watch. It’s understandable why Netflix went this route, given its library, but it’s not necessarily what the end user wants. Today, many people with dopamine-drained attention spans are instead seeking out microdrama apps in growing numbers when they want a serialized storyline they can consume in minutes.
Image Credits:ReelShort According to data from the app intelligence firm Appfigures, one top microdrama app, ReelShort, saw roughly $1.2 billion in gross consumer spending in 2025, up 119% from 2024, TechCrunch’s Amanda Silberling previously reported. Meanwhile, another leading app, DramaBox, generated $276 million in gross consumer spending last year, more than doubling its 2024 numbers. Even TikTok acknowledged the competition, launching a microdrama app of its own to test the market appetite for this type of content.
Where does Netflix go from here? Where does that leave Netflix, whose claim to fame has been full seasons dropped at once for rapid consumption?
Likely, it will have to rethink how it’s greenlighting, producing, and releasing what it considers a “TV show.”
That doesn’t mean that the Netflix model has to pivot entirely to short-form to keep up with the competition, but it may need to reconsider how people want to stream. Viewers may no longer want to commit the hours and weeks it takes to get through a show and all of its subsequent seasons, for instance. They want something that feels more “finishable,” the way you can easily get through a YouTube video or TikTok series from a creator.
A simple fix could see Netflix try prioritizing single-season shows, traditionally known as miniseries or limited series, allowing people to tune into a completed work without having to worry whether it would end on a cliffhanger and never be renewed.
Netflix could also experiment with breaking up shows into smaller chunks, like the before-its-time Quibi model.
The Jeffrey Katzenberg-backed startup, Quibi, had bet that people would eventually gravitate towards TV content designed to be consumed in shorter sessions. Unfortunately for Quibi, the pandemic hit, and people suddenly had a lot of time to watch TV, leading to its demise.
Many Netflix shows could be easily revamped for shorter viewing sessions, particularly lightweight competition shows like “Nailed It,” “Is It Cake?,” or “Squid Game: The Challenge.” Meanwhile, Netflix could surely produce better microdramas than the ones currently on the market with their awful acting and ridiculous storylines.
To generate interest in its higher-quality content, some Netflix shows could be shifted to the weekly release model. This is something Netflix has already proven works in specific cases. For instance, it drops new episodes of its reality show “Love Is Blind” in weekly dumps, making it great watercooler fodder as everyone is watching the new episodes around the same time. (Faster consumption models could work, too. For instance, Peacock’s “Love Island USA” is the reality hit of the summer, as there’s a new episode almost daily).
But instead of experimenting with different types of short-form content for quick entertainment, combined with slower releases for seasons, or focusing more heavily on miniseries worth watching, Netflix has been dabbling in other areas.
As of late, it’s expanded its lineup with podcasts, which reportedly no one is watching, and live content, which can be hit or miss. In terms of the latter, Netflix investments in live sports have generally done well, but its recent entry into live reality competition shows, “Star Search,” has already been canceled despite a clever real-time voting feature. More work here is still needed.
Bloomberg’s report framed the problem facing Netflix as a failure to create loyal TV viewers who tune into a Season 2, but the underlying issue facing the streamer is much bigger. Netflix may need to rethink whether it still needs to focus on competing with traditional TV and its long-running shows, or whether it should focus on entertainment projects whose storytelling arcs have less filler and wrap up more quickly.
To find the right balance between viewers ditching cable and those who just want something better than TikTok, Netflix is finding itself needing to reinvent TV all over again.
When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.
Generální ředitel Clover Health Andrew Toy prodal 313 476 akcií za zhruba 1,67 milionu USD. Šlo o nediskreční prodej kvůli daňovým povinnostem z vestingu RSU.
Andrew Toy, Chief Executive Officer of Clover Health Investments (CLOV 3.80%), reported the direct sale of 313,476 shares of Common Stock on July 1, 2026, for a transaction value of ~$1.67 million according to the SEC Form 4 filing.
Transaction summaryMetricValueShares sold (direct)313,476Transaction value$1.7 millionPost-transaction shares (direct)9,609,825Post-transaction value (direct ownership)$51.8 millionTransaction value based on SEC Form 4 reported price ($5.32); post-transaction value based on the July 1 closing price ($5.39).
Key questionsHow does this sale affect Toy's overall ownership in Clover Health Investments?
Direct holdings declined by 3.16%, with Toy retaining 9,609,825 shares of Class A Common Stock after the sale, and no indirect or derivative holdings reported.Is there any impact on Toy's capacity for further open-market sales?
Following this transaction, Toy holds approximately 96.8% of his pre-sale direct position, indicating substantial remaining capacity; future open-market trades may continue to be driven by restricted stock unit (RSU) vesting and related tax events.Does the transaction signal a change in sentiment or alignment with shareholders?
This sale was a non-discretionary "sell to cover" event tied to tax obligations, so it does not reflect a shift in executive sentiment or portfolio strategy; the CEO maintains a large direct equity stake.Company overviewMetricValueRevenue (TTM)$2.21 billionNet income (TTM)-$56.94 millionEmployees5701-year price change82.01%* 1-year performance calculated using July 1st, 2026 as the reference date.
Company snapshotClover Health offers Medicare Advantage insurance plans, including both PPO and HMO products, supported by the proprietary Clover Assistant software platform.It generates revenue primarily through insurance premiums and risk-adjusted payments from government healthcare programs, leveraging data-driven technology to manage medical costs and improve care outcomes.The company targets individuals eligible for Medicare, focusing on seniors and beneficiaries seeking value-driven healthcare coverage in the United States.Clover Health Investments operates at scale in the U.S. Medicare Advantage market, utilizing advanced analytics and its Clover Assistant platform to drive operational efficiency and member engagement.
The company’s technology-centric approach aims to deliver better health outcomes while managing costs, positioning it competitively within the healthcare plans sector. Its strategy centers on expanding its member base and deepening relationships with healthcare providers through data-driven insights.
What this transaction means for investorsClover Health CEO Andrew Toy’s July 1 sale of company stock came just days after shares hit a multi-year high of $5.59 on June 29. Even so, his disposition is not a cause for investor concern.
The shares were sold to fulfill tax withholding obligations incurred in connection with the vesting of RSUs, making this a non-discretionary transaction. Moreover, his post-sale holdings of 9.6 million shares represents a significant equity stake in the company, indicating his interests align with that of shareholders.
Clover Health stock soared after the company won a court case that mandated Medicare upgrade its rating in the government program. This helps to unlock additional revenue.
In addition, Clover reported an impressive 51% year-over-year increase in Medicare Advantage memberships in the first quarter of 2026. The rise in members contributed to strong 62% year-over-year growth in Q1 revenue to $749.2 million.
The excellent start to 2026 led Clover Health management to forecast full-year sales between $2.8 billion and $2.9 billion, an outstanding jump up from 2025’s $1.9 billion.
Robert Izquierdo has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Louisiana-Pacific (LPX - Free Report) closed at $77.61 in the latest trading session, marking a -2.14% move from the prior day. The stock's change was less than the S&P 500's daily gain of 0.72%. Elsewhere, the Dow saw an upswing of 0.3%, while the tech-heavy Nasdaq appreciated by 1.12%.
Heading into today, shares of the home construction supplier had gained 12.34% over the past month, outpacing the Construction sector's gain of 0.11% and the S&P 500's loss of 0.9%.
Market participants will be closely following the financial results of Louisiana-Pacific in its upcoming release. It is anticipated that the company will report an EPS of $0.64, marking a 35.35% fall compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $683 million, indicating a 9.54% downward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $2 per share and a revenue of $2.57 billion, demonstrating changes of -24.53% and -5%, respectively, from the preceding year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Louisiana-Pacific. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. At present, Louisiana-Pacific boasts a Zacks Rank of #4 (Sell).
Valuation is also important, so investors should note that Louisiana-Pacific has a Forward P/E ratio of 39.65 right now. This indicates a premium in contrast to its industry's Forward P/E of 28.84.
Also, we should mention that LPX has a PEG ratio of 1.99. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Building Products - Wood industry held an average PEG ratio of 1.51.
The Building Products - Wood industry is part of the Construction sector. With its current Zacks Industry Rank of 167, this industry ranks in the bottom 33% of all industries, numbering over 250.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow LPX in the coming trading sessions, be sure to utilize Zacks.com.
In the latest close session, Southern Co. (SO - Free Report) was down 2.03% at $95.99. The stock's performance was behind the S&P 500's daily gain of 0.72%. Meanwhile, the Dow experienced a rise of 0.3%, and the technology-dominated Nasdaq saw an increase of 1.12%.
Prior to today's trading, shares of the power company had gained 5.81% outpaced the Utilities sector's gain of 3.93% and the S&P 500's loss of 0.9%.
The upcoming earnings release of Southern Co. will be of great interest to investors. The company's earnings report is expected on July 30, 2026. The company's upcoming EPS is projected at $1.03, signifying a 13.19% increase compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $7.39 billion, showing a 5.94% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $4.58 per share and revenue of $31.35 billion, which would represent changes of +6.51% and +6.08%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Southern Co. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.04% downward. Southern Co. is currently sporting a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Southern Co. has a Forward P/E ratio of 21.41 right now. Its industry sports an average Forward P/E of 18.72, so one might conclude that Southern Co. is trading at a premium comparatively.
It's also important to note that SO currently trades at a PEG ratio of 2.96. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As of the close of trade yesterday, the Utility - Electric Power industry held an average PEG ratio of 2.81.
The Utility - Electric Power industry is part of the Utilities sector. Currently, this industry holds a Zacks Industry Rank of 103, positioning it in the top 42% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
In the latest close session, Boston Scientific (BSX - Free Report) was down 1.2% at $44.60. The stock trailed the S&P 500, which registered a daily gain of 0.72%. On the other hand, the Dow registered a gain of 0.3%, and the technology-centric Nasdaq increased by 1.12%.
The medical device manufacturer's stock has dropped by 7.02% in the past month, falling short of the Medical sector's gain of 12.48% and the S&P 500's loss of 0.9%.
The investment community will be closely monitoring the performance of Boston Scientific in its forthcoming earnings report. The company is scheduled to release its earnings on July 29, 2026. The company is forecasted to report an EPS of $0.83, showcasing a 10.67% upward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $5.39 billion, reflecting a 6.54% rise from the equivalent quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $3.36 per share and a revenue of $21.61 billion, signifying shifts of +9.8% and +7.65%, respectively, from the last year.
Any recent changes to analyst estimates for Boston Scientific should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 0.32% lower within the past month. Right now, Boston Scientific possesses a Zacks Rank of #4 (Sell).
In terms of valuation, Boston Scientific is currently trading at a Forward P/E ratio of 13.44. Its industry sports an average Forward P/E of 19.08, so one might conclude that Boston Scientific is trading at a discount comparatively.
We can additionally observe that BSX currently boasts a PEG ratio of 0.86. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Medical - Products industry currently had an average PEG ratio of 1.73 as of yesterday's close.
The Medical - Products industry is part of the Medical sector. Currently, this industry holds a Zacks Industry Rank of 170, positioning it in the bottom 31% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
Kraken has added spot trading support for Bittensor’s TAO token, giving one of the most closely watched decentralized AI assets a larger regulated exchange venue.
For more details, visit the official Kraken platform.
TL;DR Kraken has listed Bittensor (TAO) for spot trading.The listing expands access to one of crypto’s leading AI-linked tokens.Trading support includes major fiat pairs on Kraken Pro. AI tokens have been one of crypto’s stickiest narratives, but the category has also been messy. Some projects are little more than branding. Bittensor has stood out because it is trying to build a network where machine-learning models, validators, and token incentives interact directly.
Why TAO Listings Matter Exchange listings do not prove long-term value, but they do change access. More venues mean more liquidity, more price discovery, and a lower barrier for traders who may not want to use smaller exchanges or DeFi routes.
For Kraken, TAO fits a broader trend: regulated exchanges are competing to list high-demand thematic assets without looking reckless. Decentralized AI has enough institutional interest to be worth supporting, but enough volatility to require careful user messaging.
The AI Token Test The real question is whether AI tokens can turn narrative into repeat network demand. Bittensor’s supporters believe TAO is tied to a genuine decentralized intelligence market. Skeptics see a complex token economy wrapped around a hot theme.
The Kraken listing will not answer that debate, but it does make the market more accessible. In crypto, that often matters first. Liquidity comes before judgement, and wider TAO trading gives investors another way to express a view on decentralized AI.
This article is based on information from Kraken.
This article was written by the News Desk and edited by Samuel Rae.
In the latest trading session, Ulta Beauty (ULTA - Free Report) closed at $452.49, marking a -1.92% move from the previous day. This change lagged the S&P 500's 0.72% gain on the day. Elsewhere, the Dow saw an upswing of 0.3%, while the tech-heavy Nasdaq appreciated by 1.12%.
Shares of the beauty products retailer witnessed a loss of 1.23% over the previous month, trailing the performance of the Retail-Wholesale sector with its loss of 0.64%, and the S&P 500's loss of 0.9%.
The investment community will be closely monitoring the performance of Ulta Beauty in its forthcoming earnings report. The company is expected to report EPS of $6.16, up 6.57% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $2.97 billion, indicating a 6.4% upward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $28.67 per share and a revenue of $13.21 billion, indicating changes of +11.82% and +6.61%, respectively, from the former year.
It is also important to note the recent changes to analyst estimates for Ulta Beauty. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.19% upward. Ulta Beauty is currently sporting a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Ulta Beauty has a Forward P/E ratio of 16.09 right now. This signifies a premium in comparison to the average Forward P/E of 15.56 for its industry.
It's also important to note that ULTA currently trades at a PEG ratio of 1.44. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Retail - Miscellaneous was holding an average PEG ratio of 2.06 at yesterday's closing price.
The Retail - Miscellaneous industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 77, which puts it in the top 32% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
In the latest trading session, Hasbro (HAS - Free Report) closed at $77.98, marking a -2.71% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.72% for the day. Meanwhile, the Dow experienced a rise of 0.3%, and the technology-dominated Nasdaq saw an increase of 1.12%.
The stock of toy maker has fallen by 4.79% in the past month, lagging the Consumer Discretionary sector's gain of 2.31% and the S&P 500's loss of 0.9%.
Analysts and investors alike will be keeping a close eye on the performance of Hasbro in its upcoming earnings disclosure. The company's earnings report is set to go public on July 21, 2026. The company is forecasted to report an EPS of $1.17, showcasing a 10% downward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $1.04 billion, up 6.13% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $5.96 per share and a revenue of $4.97 billion, demonstrating changes of +7.58% and +5.74%, respectively, from the preceding year.
Investors should also note any recent changes to analyst estimates for Hasbro. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.1% upward. Hasbro is currently sporting a Zacks Rank of #2 (Buy).
In terms of valuation, Hasbro is presently being traded at a Forward P/E ratio of 13.44. This expresses a premium compared to the average Forward P/E of 9.96 of its industry.
Also, we should mention that HAS has a PEG ratio of 1.97. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. HAS's industry had an average PEG ratio of 1.57 as of yesterday's close.
The Toys - Games - Hobbies industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 198, this industry ranks in the bottom 20% of all industries, numbering over 250.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
Caesars Entertainment se dohodla na převzetí společnosti Fertitta Entertainment za zhruba 17,6 miliardy USD. Po schválení dostanou akcionáři 31 USD za akcii.
Investors choosing between Caesars Entertainment (CZR 0.82%) and Six Flags Entertainment (FUN 6.86%) face two very different paths in the leisure market. Both companies are navigating major corporate shifts that will define their performance throughout 2026.
Caesars is a gaming giant currently moving toward a massive buyout while Six Flags is reshaping its theme park portfolio following its landmark merger with Cedar Fair. These businesses represent two distinct ways to play the consumer spending cycle. This comparison evaluates their financial health and growth prospects to see which stock fits your portfolio better.
Caesars operates a vast network of 52 domestic properties including iconic brands like Harrah’s and Horseshoe across 18 states. The company generates revenue through casino operations, hospitality, and a growing digital wagering segment that spans 34 North American jurisdictions. On May 28, 2026, the company entered a definitive agreement to be acquired by Fertitta Entertainment in a deal valued at approximately $17.6 billion, which could provide a clear exit strategy for current shareholders.
In its 2025 fiscal year (FY), revenue reached $11.5 billion, representing a growth rate of 2.1% compared to the prior year. Despite the steady revenue stream, the company reported a net loss of $502.0 million for the period. This widening loss from the previous fiscal year reflects the ongoing costs of maintaining a massive physical footprint and expanding its digital betting infrastructure.
As of its December 2025 balance sheet, Caesars reported a debt-to-equity ratio of 7.5x, meaning it carries 7.5 times more total debt than shareholder equity. Its current ratio of 0.8x indicates it has fewer short-term assets than short-term liabilities, which is a common trait among consumer discretionary stocks with high fixed costs. Free cash flow, the cash remaining after paying for operations and capital equipment, remained positive at roughly $520 million.
The case for Six Flags EntertainmentSix Flags Entertainment operates a diverse portfolio of 20 amusement parks and 14 water parks across North America and Saudi Arabia. The company utilizes popular characters from Warner Bros. and DC Comics to drive attendance and merchandise sales. In March of 2026, the company divested seven parks to EPR Properties for approximately $331 million as part of a strategic pivot to optimize its remaining high-performing assets.
During FY 2025, the company generated revenue of $3.1 billion, which was a significant 14.4% increase over the previous year. However, Six Flags reported a substantial net loss of $1.6 billion for the fiscal year. This loss was largely influenced by the complexities of integrating its operations following the merger with Cedar Fair and the associated restructuring costs.
Following its December 2025 balance sheet update, the company carried a debt-to-equity ratio of 9.8x. This high level of leverage shows that total debt is nearly ten times the value of shareholder equity. The current ratio of 0.7x suggests the company may face tight liquidity in the short term, while free cash flow was negative at $152.2 million for the year.
Risk profile comparisonCaesars Entertainment faces significant uncertainty regarding its pending acquisition by Fertitta Entertainment, as the deal must still clear regulatory and antitrust hurdles. Beyond the merger, the company is dealing with reputational and legal risks following a May 2026 data breach involving cloud-hosted guest records. High leverage and heavy rent obligations to real estate partners also limit the company's ability to pivot if consumer gaming demand softens.
Six Flags Entertainment is currently managing the difficult task of realizing cost synergies from its recent merger while simultaneously selling off underperforming assets. The business remains highly seasonal, with the majority of revenue tied to the summer months, making it vulnerable to bad weather or economic downturns. It also faces stiff competition for family entertainment spending from larger rivals such as Disney, which often have deeper pockets for new attractions and marketing.
Valuation comparisonSix Flags currently trades at a significantly lower forward earnings multiple than Caesars, though Caesars offers a lower valuation relative to its annual sales.
MetricCaesars EntertainmentSix Flags EntertainmentSector BenchmarkForward P/E90.3x49.5x93.7xP/S ratio0.5x0.7xn/aSector benchmark uses the SPDR XLY sector ETF. Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.
Which stock would I buy in 2026?In comparing Caesars and Six Flags Entertainment, weighing whether to invest in the former depends on if its planned acquisition by Fertitta Entertainment goes through. Caesars has until July 11 to consider alternative acquisition proposals. If Fertitta acquires the company, Caesars shareholders will receive $31 in cash for each outstanding Caesars share.
With Caesars stock trading around $30 as of July 6, the Fertitta acquisition does not provide much upside if you buy Caesars shares now. As a result, Six Flags is the better investment choice at this time.
Six Flags stock is well below its 52-week high of $33.50 reached last July, suggesting now is not a bad time to pick up shares. That said, the company has challenges, particularly its high debt and struggles to integrate Cedar Fair, as demonstrated by its mounting net losses.
In the first quarter, Six Flags reported a net loss of $268.6 million, up from $219.7 million in the previous year. However, adding Cedar Fair’s assets helped the company enjoy 12% year-over-year Q1 revenue growth to $225.6 million.
In the latest close session, Owens Corning (OC - Free Report) was down 2.83% at $146.79. This change lagged the S&P 500's 0.72% gain on the day. Meanwhile, the Dow experienced a rise of 0.3%, and the technology-dominated Nasdaq saw an increase of 1.12%.
The construction materials company's shares have seen an increase of 26.73% over the last month, surpassing the Construction sector's gain of 0.11% and the S&P 500's loss of 0.9%.
The investment community will be paying close attention to the earnings performance of Owens Corning in its upcoming release. In that report, analysts expect Owens Corning to post earnings of $3.02 per share. This would mark a year-over-year decline of 28.27%. Simultaneously, our latest consensus estimate expects the revenue to be $2.67 billion, showing a 2.75% drop compared to the year-ago quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $9.53 per share and a revenue of $9.93 billion, signifying shifts of -20.91% and -1.68%, respectively, from the last year.
Investors should also pay attention to any latest changes in analyst estimates for Owens Corning. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Owens Corning currently has a Zacks Rank of #3 (Hold).
In terms of valuation, Owens Corning is presently being traded at a Forward P/E ratio of 15.86. This expresses a discount compared to the average Forward P/E of 18.63 of its industry.
We can additionally observe that OC currently boasts a PEG ratio of 2.74. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As the market closed yesterday, the Building Products - Miscellaneous industry was having an average PEG ratio of 1.58.
The Building Products - Miscellaneous industry is part of the Construction sector. At present, this industry carries a Zacks Industry Rank of 183, placing it within the bottom 26% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
Zebec integroval stablecoin USD1 od World Liberty do celého ekosystému, včetně mezd, plateb a výnosů. USD1 je nyní nativně podporován v aplikaci Zebec Super App i na kartách ZebecCards.
USD1 Goes Live Across Zebec's Full Platform@Zebec_HQ has integrated @worldlibertyfi's $USD1 stablecoin into its entire ecosystem, covering payrolls, payments, and yield. The move positions $USD1 as a core settlement asset within Zebec's financial infrastructure and extends the stablecoin's real-world utility beyond trading and DeFi.
According to CryptoNews, $USD1 is now supported natively inside the Zebec Super App, meaning teams can use the stablecoin directly within the existing platform without bridging to another network or switching tools. Users with @ZebecCards can also receive payroll spend in $USD1, and the integration provides direct access to WLFI markets from within Zebec.
Zebec has also indicated it plans to add further yield solutions later this year, signalling that the $USD1 integration is a starting point rather than a finished product.
What USD1 Brings to Zebec's InfrastructureTimes of Blockchain reports that the rollout reaches more than 65,000 workers across the US and global markets, giving staff the ability to receive, use, and move $USD1 via wallets and cards issued by Zebec. Employees can also access funds through Zebec-issued cards, linking blockchain settlement with everyday payment rails.
$USD1 is custodied by BitGo Trust Company and backed by cash and short-duration US Treasury bills held through government money market funds. Launched in March 2025, the stablecoin had grown to a circulating supply near $4.5 billion by Q1 2026, making it one of the fastest-growing fiat-backed stablecoins in the market.
For Zebec, the integration also aligns with the platform's broader institutional ambitions. Zebec completed its final ZBCN token unlock in March 2026, shifting to a deflationary revenue-funded buyback model, and has been expanding its payroll infrastructure across multiple blockchains. The addition of $USD1 reinforces its position as a multi-chain payroll and payments platform targeting enterprise-scale adoption.
Sources:
CryptoNews: World LibertyFi's USD1 Is Now Live In The Zebec Super App
Times of Blockchain: Zebec Expands USD1 Daily Payroll to 65K+ Global Workers
Eco: USD1 Stablecoin by World Liberty Financial
Strategic Bitcoin Reserve je k začátku července 2026 stále v právním vakuu, protože Treasury a Commerce se přou o to, kdo ji smí spravovat. Treasury navíc stále nedodalo povinné posouzení.
The US government owns a pile of Bitcoin it seized from criminals. It created an official reserve to hold it. And now, more than a year later, nobody in Washington can figure out who’s actually allowed to manage the thing.
Treasury officials are questioning whether they even have the legal authority to oversee the Strategic Bitcoin Reserve, a standoff that has delayed critical evaluations and sparked discussions about handing the whole operation to the Commerce Department.
A reserve without a manager President Trump signed Executive Order 14233 on March 6, 2025, establishing the Strategic Bitcoin Reserve. The core idea was straightforward: Bitcoin seized through criminal and civil forfeiture proceedings would be held as a national strategic asset, never to be sold.
The executive order came with a built-in timeline. Agencies had 30 days to provide a full accounting of their Bitcoin holdings and review their transfer authority. The Treasury Secretary was supposed to deliver an evaluation within 60 days.
None of that has happened on schedule. As of early July 2026, the Treasury’s 60-day evaluation remains undelivered, more than a year past its deadline.
The bottleneck is a surprisingly fundamental question: does the Treasury Department actually have the legal authority to hold Bitcoin? Treasury officials have raised concerns that existing statutes may not clearly grant them the power to custody and manage digital assets acquired through enforcement actions.
Advertisement
That legal ambiguity has created a bureaucratic vacuum. Both Treasury and Commerce are now locked in an interagency dispute over which department should control the reserve, with neither side willing to take ownership of a responsibility that might not legally be theirs.
Congress tries to break the stalemate Lawmakers have noticed the paralysis and are attempting to fix it the old-fashioned way: with legislation.
The BITCOIN Act, one of the more prominent proposals, would formally codify the Strategic Bitcoin Reserve under Treasury’s jurisdiction. It includes holding requirements stretching up to 20 years, essentially turning the reserve into a long-duration sovereign asset with a no-sell mandate baked into law rather than just executive action.
A separate bipartisan effort, the American Reserve Modernization Act, was introduced in May 2026. That proposal takes a broader approach to addressing how the federal government should administer reserves that include digital assets.
Neither bill has reached a definitive resolution. The legislative limbo matters because executive orders are inherently fragile. A future president could modify or revoke Executive Order 14233 with a signature. Congressional codification would give the reserve a more durable legal foundation.
Why the custody question is harder than it sounds Federal agencies have well-established procedures for managing traditional seized assets: cash, real estate, vehicles, even gold. The legal frameworks governing those assets were built over decades.
Bitcoin doesn’t fit neatly into any of those boxes. It’s not a currency under most existing statutes. It’s not a commodity in the way the Treasury typically handles them. And the operational requirements for securing it, think multisig wallets, cold storage protocols, key management, don’t map onto anything the federal government has done before.
The reserve primarily draws from Bitcoin forfeited through criminal proceedings. That means the inflow of assets is unpredictable, tied to the pace and outcomes of law enforcement actions rather than any deliberate acquisition strategy.
What this means for investors The current stasis means the reserve exists in a legal gray zone where its long-term administration remains uncertain.
On the bullish side, congressional efforts to codify the reserve suggest bipartisan recognition that Bitcoin has a permanent role in federal asset management. If either the BITCOIN Act or the American Reserve Modernization Act passes, it would establish a formal regulatory framework for government-held Bitcoin.
On the cautious side, the government’s inability to resolve basic jurisdictional questions after more than a year raises legitimate concerns about operational capacity.
Investors should keep an eye on two things: whether Congress passes legislation before the current session ends, and whether the Treasury-Commerce jurisdictional dispute gets resolved through interagency agreement or requires a presidential directive to break the deadlock.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Strategy poprvé od roku 2022 prodala 32 BTC za zhruba 2,5 milionu USD, aby financovala dividendy na STRC. Současně ale chce být dál čistým kupcem Bitcoinu.
Michael Saylor, the man who turned a mid-tier software company into the world’s largest corporate Bitcoin piggy bank, is doing something he swore he’d never do: selling Bitcoin.
But before anyone panics, here’s the thing. Strategy, formerly MicroStrategy, plans to sell roughly 0.2% of its Bitcoin holdings per month while simultaneously buying back five to ten times that amount.
The tactical sell that isn’t really a sell During Strategy’s Q1 2026 earnings call on May 5, Saylor laid out the new playbook. The company, which held over 818,000 BTC at the time of the call, would begin modest monthly sales to generate cash for dividends on its STRC perpetual preferred stock.
“Even if we were to sell one Bitcoin, we’d be buying 10 to 20 more Bitcoin.”
Between May 26 and May 31, Strategy executed its first Bitcoin sale since 2022, offloading exactly 32 BTC for approximately $2.5 million at an average price of roughly $77,135 per coin. That 32 BTC represents about 0.004% of the company’s total holdings.
Advertisement
By early June 2026, Strategy’s Bitcoin stash had grown to over 843,000 BTC, with later filings confirming 846,842 BTC. The company’s average cost basis sits between $75,000 and $75,700 per coin, reflecting years of aggressive accumulation dating back to 2020 when Saylor first pivoted the company’s treasury strategy toward Bitcoin.
Why sell at all? The short answer: preferred stock dividends need to be paid in dollars, not satoshis. Strategy has been raising capital through various instruments, including its STRC perpetual preferred stock, which come with cash dividend obligations requiring actual fiat currency.
Rather than focusing purely on total Bitcoin held, Saylor wants investors to evaluate how much Bitcoin each share of Strategy stock represents. If the company sells 0.2% of its Bitcoin monthly but buys back five to ten times that amount through capital-raising efforts, the Bitcoin-per-share ratio actually increases over time.
Saylor emphasized during the earnings call that Strategy plans to be a “net buyer of Bitcoin in every month and every quarter going on forever.”
What this means for investors For Bitcoin market participants, the immediate impact of Strategy’s sales is negligible. Thirty-two BTC in a market that trades billions of dollars daily is a rounding error.
Strategy isn’t reducing its position. The company added over 25,000 BTC between the May 5 earnings call and early June, pushing from 818,000 to over 843,000 BTC.
For Strategy stockholders specifically, the Bitcoin-per-share metric that Saylor keeps highlighting deserves close attention. If the company can consistently grow that number, the stock functions as a leveraged Bitcoin proxy with yield.
Strategy’s average cost basis of roughly $75,000 per BTC means the company is currently sitting on unrealized gains, but a sustained Bitcoin downturn could turn those modest monthly sales into more significant liquidations if dividend obligations remain fixed while Bitcoin’s price drops. Strategy has one asset, one thesis, and 846,842 BTC — a position worth well over $60B at current prices.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Ripple oznámila, že v rámci kampaně Giving 4th dorovná dary pro Call of Duty Endowment až do 10 000 XRP. Organizace podporuje nezaměstnané veterány při hledání práce.
Ripple joins Call of Duty Endowment to support American veterans.
The United States of America celebrated its 250th Independence Day on July 4.
“With a single sheet of parchment and 56 signatures, America began the greatest political journey in human history,” said President Donald Trump.
As the world's leading economy celebrated the Semiquincentennial, the blockchain technology and financial payments company Ripple stepped up to support American veterans.
Ripple to match donations to veterans up to $10K in XRP Ripple announced on July 4 that it is going to match donations to the Call of Duty Endowment, a nonprofit organization that helps unemployed veterans get high-quality jobs after their military service, up to $10,000 in XRP.
The Call of Duty Endowment claims to have supported the placement of over 165,000 veterans and aims to place 200,000 vets in jobs by 2030.
Ripple said it is supporting the organization as part of the Giving 4th campaign so that Independence Day becomes a national day of charitable giving.
The company encouraged users to donate to support the veterans with cash, stocks, XRP, or Ripple's USD-pegged stablecoin RLUSD.
In turn, Ripple said it will match the donation in XRP, up to a maximum match of $10,000.
Scroll to Continue
Recommended Articles
Ripple's Call of Duty Endowment campaign for U.S. veterans
Users thanked the Ripple team and CEO Brad Garlinghouse for supporting American veterans.
At the time of writing, the campaign has raised $814.19, and if and when the amount reaches $10,000, Ripple said it will match the amount in XRP.
At press time, XRP was trading at $1.14, down around 50% in a year.
Popular on TheStreet Roundtable:Veteran trader who called 50% gold crash makes major predictionMichael Saylor predicts Bitcoin's next decadeCathie Wood expects a volatile Bitcoin uptrendRipple becomes fully MiCA-compliantRipple made another major announcement on July 6 that it has received authorization of its Crypto Asset Service Provider (CASP) license from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF).
The authorization confirms Ripple as fully Markets in Crypto-Assets Regulation (MiCA)-compliant, and the firm's end-to-end regulated crypto payments product is now available to financial institutions, corporates, and businesses across all 30 countries of the European Economic Area.
Ripple said it now holds more than 75 regulatory licenses across the world.
Ethereum za týden vzrostlo o 11,7 %, ale on-chain data naznačují obnovenou distribuci a slabší držení. V červenci už likvidace shortů dosáhly 314,5 milionu USD.
Ethereum [ETH] has rallied 11.7% over the past week, but it is possible that short-term holders were preparing to exit the market.
Source: Glassnode The exchange net position change had been negative since mid-May, but posted a positive bar on its histogram on Sunday, July 5.
Negative net position change implies a net outflow of assets from exchange-affiliated addresses. A shift toward positive indicates that net inflows were greater in volume.
This inflow can be interpreted as readiness for selling from holders, though it need not provide an immediate bearish price reaction.
Recently, AMBCrypto pointed to a discrepancy between trader and developer activity. Alongside the monthly TD Sequential buy signal, bulls had hopes of a move toward $2,000.
That optimism faded as Bitcoin [BTC] faced rejection from the $63k area, unable to assail the $64k local supply zone in earnest. This rejection has caused an Ethereum price slide below $1,800.
Ethereum bullish hopes misplaced? Source: CryptoQuant Crypto analyst Darkfost drew attention to the severe decline in Open Interest. From a record high of $33.9 billion in October 2025, to just $11.2 billion, the corrective leg of the cycle has shaken market conviction.
Examining the liquidation volume bubble map showed a high volume of long liquidations towards the end of June, rivaling the size of the October long liquidations.
Source: CryptoQuant The Coinbase Premium Index has been negative since late April, another sign of bearish market sentiment. U.S.-based investors have not been taken in by the recent price bounce toward $1.8k.
The large volume of short liquidations showed that many traders had been positioned for further downside before the recent rally forced them to exit. A small corrective bounce amid a wider downtrend has caused $314.5 million in short liquidations so far in July.
Source: Glassnode The Ethereum holder accumulation ratio tracks the proportion of active users who are increasing their holdings, compared to those who are decreasing. Lower ratios indicate bearish momentum, and tend to mark periods of distribution and profit-taking.
The drop in the holder accumulation ratio since May suggested the current distribution has not ended.
Final Summary Ethereum was up by 11% over the past week of trading, triggering over $300 million in liquidations within a week. Other onchain metrics showed that the current distribution trends were likely to cause a deeper ETH price slide.
Tokenizovaný peněžní fond JPMorgan JLTXX na Ethereum zvýšil onchain spravovaná aktiva za měsíc zhruba o 250 % na 695 milionů USD. Růst podporuje i jeho využití jako rezervy pro stablecoiny.
JPMorgan's JLTXX tokenized money market fund has grown its onchain assets under management by roughly 250% over the past month, according to data platform Token Terminal. The bank runs the fund exclusively on Ethereum. JLTXX, formally the OnChain Liquidity Token Money Market Fund, launched May 13…
JPMorgan's JLTXX tokenized money market fund has grown its onchain assets under management by roughly 250% over the past month, according to data platform Token Terminal. The bank runs the fund exclusively on Ethereum.
JLTXX, formally the OnChain Liquidity Token Money Market Fund, launched May 13 with JPMorgan seeding it with $100 million of its own capital, according to a thread from ethereuminsti. Other launch investors brought day-one total value locked to $200 million. Seven weeks later, TVL reached $695 million, a 248% increase, the thread said, a figure consistent with Token Terminal's roughly 250% estimate.
JLTXX's growth partly reflects its use as reserve backing for stablecoins. Dune's analytics account said the fund's addition to USDG's reserves, alongside BlackRock's BUIDL and Superstate's STBXX, points to rising institutional demand for onchain Treasury exposure that complies with the GENIUS Act, the U.S. stablecoin law that sets eligibility rules for reserve assets.
Second Filing in MayThe Defiant previously reported that JPMorgan filed for the fund on May 13, roughly three weeks after Morgan Stanley launched its own Stablecoin Reserves Portfolio, as banks compete to supply compliant reserve assets to stablecoin issuers.
Ethereum remains the only blockchain available to JLTXX investors, per ethereuminsti, even as JPMorgan operates its own private Kinexys network for other settlement activity. The fund's growth adds to a broader push by banks and asset managers, including BlackRock and Fidelity, to bring money market products onchain as stablecoin issuers seek yield-bearing, regulation-compliant collateral.
No exact current AUM figure has been published by JPMorgan itself; the $695 million and 248%-250% growth figures come from third-party onchain trackers Token Terminal and Dune, which independently arrived at consistent numbers.
Cardano has reached one of the final technical checkpoints before the Chang hard fork, with node version 9.0.0 now released by IntersectMBO.
For more details, visit the official GitHub platform.
TL;DR Cardano node 9.0.0 has been released on GitHub.The upgrade is tied to the final preparation stage for the Chang hard fork.Chang is expected to move Cardano closer to on-chain governance. For ADA holders, this is not just a routine software update. Node releases are how Cardano’s governance roadmap becomes operational. The Chang hard fork has long been framed as the step that brings more formal decentralized governance into the network’s live structure.
Why Node 9.0.0 Matters Blockchains do not upgrade because a roadmap says they should. They upgrade when node operators, stake pool operators, exchanges, and infrastructure providers actually move to compatible software. That is why a major node release is worth watching.
Node 9.0.0 supports the technical path toward bootstrap governance thresholds. In plain English, it helps prepare the network for the governance machinery that Chang is supposed to activate. The more operators adopt the release, the closer the network gets to the conditions needed for the hard fork.
Governance Becomes The Test Cardano has always leaned heavily into research, process, and formal governance. Critics argue that this can make the ecosystem slow. Supporters argue that it is exactly what gives the chain durability. Chang will test that thesis in public.
The market response may still depend on broader ADA sentiment, but the development signal is straightforward: Cardano’s next major governance upgrade is moving from planning into execution.
This report is based on the Cardano node 9.0.0 release on GitHub.
This article was written by the News Desk and edited by Samuel Rae.
EMURGO uvedlo, že po hacku SecondFi už neobnoví běžný provoz a vyzvalo uživatele k migraci prostřednictvím oficiálního procesu obnovy. Firma se nyní soustředí pouze na vracení aktiv postiženým uživatelům.
EMURGO, the Cardano-founding entity behind SecondFi, said Monday the hacked wallet service will not resume normal operations even after ongoing security audits conclude, telling all users to migrate away using its official recovery process. "Although we believe unaffected users remain safe,…
EMURGO, the Cardano-founding entity behind SecondFi, said Monday the hacked wallet service will not resume normal operations even after ongoing security audits conclude, telling all users to migrate away using its official recovery process.
"Although we believe unaffected users remain safe, SecondFi will not resume normal operations, even after the audits are complete," EMURGO said in a post on its official X account. Going forward, EMURGO said, its role in SecondFi is limited to "a dedicated asset recovery team, tasked solely with returning assets to affected users."
The Underlying BreachSecondFi, a rebrand of the Yoroi wallet, is what EMURGO has called "Cardano's largest wallet provider." The service was hit by four distinct wallet-draining events discovered June 22, compromising 374 addresses and roughly 16 million ADA, worth about $2.4 million at the time, according to EMURGO's own June 25 incident report. The team said it separately secured about 129 million ADA through emergency containment.
EMURGO has said compromised wallets should be treated as permanently exposed at the address and private-key level, meaning restoring an affected seed phrase into another wallet will not fix the risk.
Recovery PlanEMURGO said it has engaged multiple independent firms to review the incident and code, and has submitted a patch closing the identified vulnerability, though investigations continue. It plans to launch a quarantined wallet-status checker this week, pending app-store approval, followed by a secure export tool for migrating funds to a hardware wallet or alternative platform, and an in-person migration workshop in Tokyo.
A dedicated restoration fund is being built into an on-chain recovery system that EMURGO said still requires an external audit before affected users' assets can be returned. EMURGO said it will publish a full account of who was responsible and why once incident reports and code reviews are finalized.
Tether, the company behind USDT, is preparing to issue the stablecoin natively on Bitcoin through the RGB protocol version v0.11.1. Deployed by the UTEXO software lab, USDT is set to return to the chain where it first launched in 2014 via the Omni-Mastercoin Layer.
UTEXO, the company leading the commercial rollout, has positioned itself as the issuer and distributor of this Bitcoin-native USDT in partnership with Tether. “Finally, after eight years of development—if not more—we are the company that is launching USDT over Bitcoin with strong support from Tether,” said Viktor Ihnatiuk, UTEXO co-founder, in an exclusive interview with Bitcoin Magazine.
The RGB protocol combines its novel client-side validation with the Lightning network for instant, private settlements, while anchoring security to Bitcoin’s UTXO model. Users can expect to be able to handle USDT on native Bitcoin addresses as well as send and receive it over the Lightning network with compatible wallets.
The RGB protocol on Bitcoin also offers significant privacy features to USDT users as the asset benefits from Bitcoin’s UTXO model, which standardizes fresh addresses for every transaction compared to the account-based address reused commonly in EVM blockchains like Tron, Ethereum or Solana. Address reuse is the first mistake of onchain privacy, yet most altcoins built their interfaces to reuse addresses, despite the risk it poses to users. RGB’s integration with the Lightning network further protects user privacy by moving USDT via the offchain payments network, which leaves few marks on the public blockchain. The deep integration with Tether also means that there are fewer middleman companies charging extra fees or collecting data.
On the topic, Vktor emphasized that, “We built Utexo so that USDT could move on Bitcoin the way money is supposed to move: instantly, privately, with no surprises on costs. Our partners integrate our API once and can route USDT on the most resilient open network ever built, with full control over cost structure.”
UTEXO vs TRON UTEXO emerged from a joint venture involving Viktor’s Boosty Venture Studio, Fulgur Ventures, and Tether Investments. The goal was straightforward: bring RGB to mainnet after years of delays under prior development teams. The protocol had been in active development since at least 2016, but failed to be ready for the 2017 bull market, giving the TRON blockchain dominance over USDT volume and usage throughout the developing world, a dominance which it still retains.
UTEXO of specifically building “the last mile” of software needed for wide USDT deployment across the Bitcoin ecosystem, which includes a software development kit, APIs, mid-level protocols, UI design work and even a mint bridge that is live today at mint.utexo.com. This bridge lets users move USDT across popular blockchains with “deterministic low fees” and no middlemen thanks to its direct integration with Tether as the primary mint. The RGB protocol layer was developed by Bitfinex R&D Strategist Federico Tenga.
“Right now if you want to swap USDT to Bitcoin you need to pay high fees for all these wallets who charge you a one percent wallet fee plus a swap provider charge of one percent plus, and you have slippage one percent as well, so you pay three percent, and also you wait forever until the swap happens” Viktor told Bitcoin Magazine, adding that; “with USDT and Bitcoin over Lightning, for the first time you have two main assets on one chain, you can swap instantly without any slippage. You can swap decentralized USDT to Bitcoin and back on-chain. The price is almost the same as spot markets in Binance.”
Networks like Tron that are primarily used to move USDT also add extra fees, swap commissions and friction to the user experience. They require a different address type, with fees paid in an asset like TRX, which is only ever used to move the stablecoin. With most of the monetary volume in the crypto market concentrated in Bitcoin and Tether, having to buy an altcoin just to pay fees ends up feeling like red tape.
Bitcoin, as the payment rails of USDT, also comes with blockchain levels of security that other chains simply can not offer. While USDT will always be fundamentally centralized in Tether as a corporation, the rails can also add risk, for example, if a contentious fork occurs or major bugs are found on novel blockchain systems. Bitcoin, being the oldest and most conservative blockchain, delivers a quality assurance of sorts that can not be matched by other chains.
RGB traces its roots to Peter Todd’s single-use seals back in 2014 and was formalized in 2016 by Giacomo Zucco and Riccardo Casatta. The RGB acronym, originally derived from “Riccardo Giacomo Bitcoin,” was later rebranded “Really Good Bitcoin”. Tether explored the protocol early but faced delays with the previous team. Had RGB shipped on schedule around 2019, the stablecoin landscape and broader DeFi industry might have developed differently around Bitcoin’s UTXO model instead of Ethereum’s account-based system.
As such, bringing USDT back to Bitcoin is a core motivation for UTEXO. Viktor minced no words on the matter: “For the first time in eight years or nine years, USDT is coming back home. We have no chance to fail. If we fail, no one will think about Bitcoin as a settlement layer anymore.”
USDT on Bitcoin via RGB is expected to be launched within weeks, possibly this July, with wallets like Tether Wallet among others announcing support, and exchanges across the world announcing integrations.
