New York, New York--(Newsfile Corp. - July 24, 2026) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Helen of Troy Limited (NASDAQ: HELE) and certain of its officers.
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Helen of Troy securities between April 24, 2024 and October 8, 2025, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/HELE.
Helen of Troy Case Details
The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that:
Helen of Troy overstated the success and benefits of its Project Pegasus initiative, touting the "fuel" it was generating while downplaying issues such as "implementation hiccups" at its Tennessee distribution center and assuring investors that the project was progressing and delivering cost-saving efficiencies; in reality, Project Pegasus was not delivering the efficiencies Defendants claimed, as the Company lacked sufficient resources and budget to achieve its stated restructuring and cost-savings goals; and as a result, Defendants' statements about the Company's business, operations, and prospects were materially false and misleading at all relevant times.What's Next for Helen of Troy Investors?
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/HELE, or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Helen of Troy you have until August 3, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.
No Cost to Helen of Troy Investors
We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman, LLC for Helen of Troy Securities Class Action?
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com
"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300155
Source: Bronstein, Gewirtz & Grossman, LLC
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Investors interested in stocks from the Retail - Apparel and Shoes sector have probably already heard of Urban Outfitters (URBN) and Ermenegildo Zegna N.V. (ZGN). But which of these two stocks is more attractive to value investors?
SpaceX (NASDAQ:SPCX | SPCX Price Prediction) stock is sinking 5% Friday to $112.59, leaving the rocket maker 17% below its $135 June IPO price. The stock is sliding just hours before Starship attempts its 13th test flight tonight, a launch that could determine whether SpaceX’s costly pivot away from Falcon 9 pays off.
Rocket Lab (NASDAQ:RKLB) stock is falling harder, down 7% to $65.27, while AST SpaceMobile (NASDAQ:ASTS) stock is slipping 4% to $56.94. Neither company faces a company-specific catalyst today, and the selling looks more like a sympathy trade tied to SpaceX’s own troubles than a verdict on either business.
SpaceX’s Big Bet on Tonight’s Starship Test SpaceX has reportedly stopped taking new Falcon 9 bookings for dedicated satellite launches beyond 2028 and isn’t accepting reservations for its Falcon 9 rideshare program. The company has also reportedly halted production of some non-reusable Falcon hardware, including the upper stage that carries cargo, while Falcon 9 continues to support certain NASA and U.S. Department of Defense missions.
Tonight marks Starship’s third launch attempt in nine days, following a July 16 engine abort and a weather scrub last Thursday, with the window opening at 6:45 p.m. EDT at Starbase, Texas. A successful flight would be the first real validation of the reusability plan underpinning SpaceX’s push to retire Falcon 9, while another setback would deepen doubts about that timeline.
Rocket Lab and AST SpaceMobile Get Caught in the Downdraft AST SpaceMobile raised $1.15 billion through convertible notes to fund growth and secure launch capacity, a move that underscores how dependent the company remains on SpaceX. SpaceX has launched most of AST SpaceMobile’s satellite fleet and is expected to carry its next batch, even though SpaceX’s own Starlink network competes with AST SpaceMobile in direct-to-cell service.
Rocket Lab stock, by contrast, could ultimately benefit from tighter Falcon 9 availability, since its own reusable Neutron rocket recently completed a key engine test and could attract customers if Starship faces further delays. AST SpaceMobile stock is essentially flat over the past year, up just 0.4%, while Rocket Lab stock remains up 42% over that same span even after today’s decline.
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What Tonight’s Launch Needs to Go Right Tonight’s flight will test whether SpaceX’s Super Heavy booster can complete a clean launch, stage separation, and a controlled return to an offshore landing point in the Gulf of Mexico. Starship itself needs to deploy 20 next-generation Starlink V3 satellites and complete its own controlled descent to a splashdown in the Indian Ocean, with several of the satellites carrying cameras to scan the heat shield during reentry.
Traders on Polymarket price an 81% chance of a successful launch tonight and a 72% chance of a controlled splashdown for Starship, odds that suggest confidence but hardly a sure thing. Raymond James analyst Brian Gesuale stated that “Starship becoming operational is the critical path to the SpaceX investment thesis,” a view that puts tonight’s test at the center of the bull case.
What to Watch Now For investors who don’t want to pick a single winner among SpaceX, Rocket Lab, and AST SpaceMobile stock, the Procure Space ETF (NASDAQ:UFO) offers diversified exposure to the space sector. The ETF is down just 1.5% today to $43.05, a milder decline that highlights the benefit of diversification, though the fund still carries concentration risk given its narrow focus on the space industry.
SpaceX stock appears to be the riskiest of the three names tonight, given its direct exposure to the test outcome, an approaching August 6 share lock-up expiration, and short interest that has reportedly grown to 32%. Rocket Lab stock and AST SpaceMobile stock face more indirect risk, since their declines today stem mainly from sentiment rather than any company-specific setback.
Given how much rides on a single rocket test, investors might choose to keep their position sizes modest across all three names until tonight’s outcome is clear. Investors can watch for whether Starship completes tonight’s flight and how SpaceX stock reacts heading into its August 4 earnings call and the August 6 lock-up expiration that follows.
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Key Takeaways Cleveland-Cliffs posted a narrower Q2 loss as revenues rose 5.9% on higher steel pricing.Average steel selling price climbed 10.7%, lifting segment cash margin to $349 million.Q3 adjusted EBITDA is seen near $575 million, with Q4 expected to come in even higher. Cleveland-Cliffs Inc. (CLF - Free Report) reported second-quarter 2026 adjusted loss of 20 cents per share, narrower than the Zacks Consensus Estimate of a loss of 21 cents and the year-ago loss of 51 cents.
Revenues rose 5.9% year over year to $5.2 billion and surpassed the consensus estimate of $5.1 billion by 1.9%. Higher steel pricing supported the top line and margin improvement, although steel shipment volumes declined from the prior-year quarter.
Consolidated cost of goods sold declined to $5.1 billion from $5.15 billion a year earlier. Selling, general and administrative expenses rose to $154 million from $137 million, while restructuring and other charges decreased to $3 million from $86 million.
CLF's Operational HighlightsSteelmaking revenues increased 5.9% year over year to $5.05 million from $4.8 billion. The segment generated a cash margin of $349 million, up sharply from $138 million in the year-ago quarter, reflecting stronger selling prices and improved cost performance.
The average net selling price per net ton of steel products was $1,124, up 10.7% from $1,015 a year earlier. The metric was above the consensus estimate of $1,109.
External sales volumes for steel products totaled 4.025 million net tons, down 6.2% from 4.290 million net tons in the prior-year quarter. The figure missed the consensus estimate of 4.11 million net tons.
Financial Position of CLFCleveland-Cliffs ended the second quarter with cash and cash equivalents of $70 million, up from $57 million at the end of 2025. Long-term debt stood at $7.7 billion compared with $7.3 billion as of Dec. 31, 2025. The company had total liquidity of $3.1 billion as of June 30, 2026.
CLF's OutlookCleveland-Cliffs expects third-quarter 2026 adjusted EBITDA of approximately $575 million, more than double the second-quarter result. Management also expects fourth-quarter EBITDA to exceed its third-quarter guidance as average selling prices, shipment volumes and costs continue to move in a favorable direction.
CLF maintained its full-year 2026 steel shipment guidance of approximately 16.5-17 million net tons. The company continues to project capital expenditures of about $700 million, SG&A expenses of approximately $575 million and depreciation, depletion and amortization of roughly $1.1 billion.
Cash pension and other post-employment benefit payments and contributions remain projected at approximately $125 million. Management expects second-half earnings performance to be the company’s strongest since 2021 and believes it can reach its leverage target of less than 2.5 times debt to EBITDA by this time next year.
CLF’s Stock Price PerformanceCLF’s shares have lost 4.2% in the past year against the industry’s rise of 60.9%.
Image Source: Zacks Investment Research
CLF’s Zacks Rank & Other Key PicksCLF currently carries a Zacks Rank #2 (Buy).
Some other top-ranked stocks in the basic materials space are Carpenter Technology Corporation (CRS - Free Report) , Kronos Worldwide, Inc. (KRO - Free Report) and Avient Corporation (AVNT - Free Report) .
Carpenter Technology is slated to report fourth-quarter fiscal 2026 results on July 30. The Zacks Consensus Estimate for earnings is pegged at $10.58 per share, indicating 41.44% year-over-year growth. CRS sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Kronos is scheduled to report second-quarter 2026 results on Aug. 5. The Zacks Consensus Estimate for KRO’s second-quarter loss per share is pegged at 33 cents, indicating 65.63% year-over-year growth. KRO flaunts a Zacks Rank #1 at present.
Avient is slated to report second-quarter 2026 results on Aug. 6. The consensus estimate for AVNT’s earnings per share is pegged at $3.08. AVNT presently carries a Zacks Rank #2.
Key Takeaways Mobileye's Q2 earnings beat estimates, helped by an Israeli R&D incentive grant that cut expenses.Systems shipped rose 3%, but lower EyeQ pricing and a less favorable mix pressured margins.Mobileye raised 2026 revenue guidance and sharply lifted adjusted operating income expectations. Mobileye Global Inc. (MBLY - Free Report) reported second-quarter 2026 adjusted earnings of 19 cents per share, beating the Zacks Consensus Estimate of 6 cents by 216.7%. Adjusted earnings increased 50% year over year, aided by an Israeli R&D incentive grant that reduced research and development expenses.
Revenues of $508 million surpassed the consensus estimate of $484 million by 5% and edged up 0.4% year over year. Systems shipped rose 3% to 10 million, though lower EyeQ pricing limited revenue growth.
MBLY's Shipment Growth Meets Pricing PressureEyeQ and SuperVision revenues totaled $485 million compared with $481 million in the year-ago quarter. The number of systems shipped increased from 9.7 million, reflecting higher customer demand.
Average system price declined to $48.50 from $49.70. Mobileye attributed the pressure mainly to higher-than-expected export volumes from China-based automakers, which carry lower EyeQ average selling prices.
Mobileye's Margins Reflect Product MixGAAP gross profit declined 7% to $235 million, while gross margin contracted to 46% from 50%. The lower EyeQ average selling price and a larger share of SuperVision revenues weighed on profitability because SuperVision includes more hardware content.
Adjusted gross profit fell 4% to $333 million. Adjusted gross margin narrowed 303 basis points to 66%, showing that shipment growth did not fully offset the less favorable pricing and product mix.
MBLY Benefits From the New R&D LawAdjusted operating income climbed 46% to $155 million, lifting adjusted operating margin to 31% from 21%. The improvement primarily reflected the R&D incentive grant recognized in the quarter for the entire first half of 2026.
Mobileye recorded roughly $110 million on a GAAP basis and $93 million on a non-GAAP basis as an offset to second-quarter R&D expenses. The law applies from the beginning of 2026 and has no scheduled expiration date.
Mobileye Advances ADAS and Robotaxi ProgramsThe company added a high-volume Cloud-Enhanced ADAS design win with Stellantis. Gross profit per unit for the program is expected to be roughly in line with Surround ADAS and more than twice Mobileye's current average base ADAS profitability.
Robotaxi preparations with Volkswagen Group's MOIA remained on track. MOIA began public user testing in Hamburg with safety drivers, while Mobileye advanced vendor discussions and Moovit applications for its planned vertically integrated mobility service.
MBLY's GAAP Results Continue to ImproveThe GAAP operating loss narrowed to $30 million from $74 million, while operating margin improved to negative 6% from negative 15%. Net loss narrowed to $21 million from $67 million, and GAAP loss per share narrowed to 3 cents from 8 cents.
Mobileye Maintains Strong LiquidityOperating cash flow totaled $210 million in the first six months of 2026, while capital expenditures were $51 million. The company repurchased $24 million of shares through the end of the second quarter under its $250 million authorization.
As of June 27, 2026, Mobileye had $1.31 billion in cash and cash equivalents, down from $1.84 billion as of Dec. 27, 2025. Inventories declined to $310 million from $327 million at the end of 2025, while accounts receivable increased to $208 million from $131 million.
MBLY Raises Its 2026 OutlookMBLY now expects 2026 revenues of $1.97-$2.02 billion, up from the prior range of $1.94-$2.02 billion. The new midpoint is $20 million higher and implies year-over-year growth of 4-7%.
Adjusted operating income is projected at $365-$425 million, sharply above the previous estimated range of $185-$235 million. The revision mainly reflects an expected non-GAAP R&D grant benefit of $180-$200 million for the year.
MBLY currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Key Releases From Auto SpaceGeneral Motors Company (GM - Free Report) reported second-quarter 2026 adjusted earnings of $3.57 per share, up 41.3% year over year. The figure beat the Zacks Consensus Estimate of $3.13 by 14.06%. Revenues increased 1.9% to $48.03 billion and surpassed the consensus estimate of $46.56 billion by 3.15%. Strong pricing, lower costs and disciplined incentives supported results. General Motors raised its full-year adjusted EBIT guidance to $14-$16 billion from $13.5-$15.5 billion. Adjusted earnings are now projected at $12-$14 per share, up from the prior range of $11.50-$13.50.
Tesla, Inc. (TSLA - Free Report) reported second-quarter 2026 adjusted earnings of 33 cents per share, which declined 17.5% year over year. The figure missed the Zacks Consensus Estimate of 50 cents by 34%. Revenues advanced 25.5% to $28.24 billion and surpassed the consensus estimate of $25.81 billion by 9.41%. Tesla expects 2026 capital expenditures to exceed $25 billion and rise further over the next two to three years.
Genuine Parts (GPC - Free Report) reported second-quarter 2026 adjusted earnings of $2.15 per share, beating the Zacks Consensus Estimate of $2.10 by 2.38%. The bottom line increased 2.4% from $2.10 in the year-ago quarter. Revenues rose 6% year over year to $6.54 billion and surpassed the consensus estimate of $6.39 billion by 2.36%. Genuine Parts reaffirmed its 2026 adjusted earnings guidance of $7.50-$8 per share and total sales growth outlook of 3-5.5%. Genuine Parts ended June with $2.3 billion of liquidity, including $559 million in cash.
SummaryHims & Hers Health is upgraded from "Hold" to "Buy," driven by operational discipline and strategic opportunism despite sector volatility.HIMS leverages FDA panel momentum on peptides, expanding into personalized treatments while maintaining a robust telehealth platform and global reach.Management pursues a "best in market" approach to peptide launches, prioritizing clinical rigor, validated supply chains, and data transparency over speed.Despite $974 million in convertible notes and sector skepticism, HIMS targets $6.5 billion in revenue and $1.3 billion in adjusted EBITDA by 2030, trading at ~2.5x forward sales.Looking for a portfolio of ideas like this one? Members of Haggerston BioHealth get exclusive access to our subscriber-only portfolios. Learn More » Getty Images
Investment Overview The stock of Hims & Hers Health (HIMS), the "consumer-first platform transforming the way customers fulfill their health and wellness needs," briefly leapt in value yesterday from ~$31.5 per share to >$35, before giving up most of the gains and ending the
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Key Takeaways NVR's Q2 earnings fell 23% as homebuilding revenues dropped 11%, sending shares down 3.1%.Settlements fell 8% and average pricing dropped 3% as higher lot costs pressured margins.New orders and backlog units rose 9%, while the cancellation rate improved to 14.9%. NVR, Inc. (NVR - Free Report) reported second-quarter 2026 results, with earnings and Homebuilding revenues missing the Zacks Consensus Estimate. Earnings and Homebuilding revenues also declined on a year-over-year basis.
The quarter reflected stronger order activity and a lower cancellation rate, but fewer settlements, softer pricing and margin pressure weighed on results. Backlog units increased 9% year over year, while Homebuilding gross margin contracted amid higher lot costs, affordability challenges and land deposit impairments.
Following the results, NVR stock slipped 3.1% during yesterday’s trading hours.
Inside NVR’s Q2 HeadlinesThe company reported earnings of $83.96 per share, down 22.6% year over year and missing the Zacks Consensus Estimate of $94.82 by 11.5%.
Homebuilding revenues of $2.28 billion also missed the consensus mark of $2.41 billion by 5.2%. Revenues declined 10.5% year over year from $2.55 billion, reflecting lower settlement volumes and a decrease in the average settlement price.
Consolidated revenues (Homebuilding & Mortgage Banking fees combined) amounted to $2.33 billion, down 10.4% on a year-over-year basis.
NVR Faces Lower Settlements and Pricing PressureHomebuilding revenues decreased to $2.28 billion from $2.55 billion in the prior-year quarter. Settlements fell 8% to 5,058 units from 5,475 units, limiting revenue generation during the period. Our model predicted settlements to decline 6.7% year over year to 5,107 units.
The average settlement price declined 3% year over year to $450,700. The combination of fewer closings and a lower average price weighed on the segment’s top-line performance. Our estimate for the metric was $471,500.
NVR Sees Margin CompressionHomebuilding gross margin contracted to 19.2% from 21.5% a year ago. Profitability was pressured by higher lot costs, continued affordability challenges and weak consumer sentiment, which led to increased pricing pressure. Our estimate for the metric was 18.8%.
The quarter also included approximately $21.7 million of contract land deposit impairments. Consequently, homebuilding income before taxes declined 30% year over year to $293.2 million.
NVR Sees Mortgage Banking Activity ModerateMortgage closed loan production declined 13% year over year to $1.35 billion from $1.56 billion. Mortgage banking fees decreased to $46.6 million from $50.5 million.
Mortgage banking income before taxes fell 14% to $25.4 million from $29.6 million. The capture rate, which represents the percentage of NVR homebuyers using the company’s mortgage services, decreased to 85% from 87%.
NVR Benefits From Stronger Order ActivityNew orders, net of cancellations, increased 9% year over year to 5,885 units. Growth was led by the South East, where orders rose to 2,228 units from 1,953 units, while Mid Atlantic orders increased to 2,081 units from 1,930 units.
The average sales price of new orders declined 5% to $437,100. Our model predicted the ASP of new orders at $457,300. However, the cancellation rate improved to 14.9% from 16.5%, suggesting that a greater proportion of signed contracts remained intact during the quarter.
NVR Builds Backlog Despite Lower Average PricingBacklog totaled 10,998 units as of June 30, 2026, up 9% from 10,069 units a year earlier. The dollar value of backlog increased 5% to $4.99 billion.
The average backlog price declined to $453,900 from $472,100. Average active communities increased to 442 from 426, expanding the company’s selling footprint while stronger order activity supported the year-over-year backlog increase.
NVR Maintains Liquidity and Continues BuybacksHomebuilding cash and cash equivalents were $1.09 billion as of June 30, 2026, compared with $1.88 billion at the end of 2025. Homebuilding inventory increased to $2.24 billion from $1.72 billion during the same period. Mortgage banking cash and cash equivalents were $50.9 million versus $32.6 million at year-end.
NVR repurchased 54,716 shares during the quarter for an aggregate cost of $357.8 million. Shares outstanding declined to 2.68 million from 2.88 million a year earlier, helping offset part of the effect of lower net income on per-share earnings.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
PulteGroup, Inc. (PHM - Free Report) reported better-than-expected second-quarter 2026 results, with adjusted earnings and total revenues topping the Zacks Consensus Estimate, but declining year over year. The quarterly results reflect reduced home-closing volumes, softer average selling prices (ASP) and margin compression.
PulteGroup ended the quarter with a backlog of 10,966 homes, up 1.7% from the prior-year level. Backlog units increased in the Northeast, Florida, Midwest and Texas, while the Southeast and West reported declines. The value of homes in backlog slipped 0.6% to $6.80 billion. The divergence between higher units and lower value indicates that the average value of homes in backlog declined year over year, consistent with PHM’s broader pricing pressure.
D.R. Horton, Inc. (DHI - Free Report) reported third-quarter fiscal 2026 earnings of $3.20 per share, beating the Zacks Consensus Estimate of $2.99 by 7%. Revenues of $9.23 billion also surpassed the consensus mark of $9.19 billion by 0.5%. On a year-over-year basis, earnings declined 4.8%, while revenues increased marginally.
DHI’s earnings and revenue beat was driven by higher home-closing volumes, resilient home sales margins, disciplined management of pricing and incentives, and contributions from the Rental, Forestar and Financial Services businesses. However, lower profitability, elevated incentives and cautious consumer demand continued to weigh on results. D.R. Horton now expects fiscal 2026 consolidated revenues of $32.5-$33 billion, down from $33.5-$34.5 billion expected earlier.
Lennar Corporation (LEN - Free Report) reported mixed second-quarter fiscal 2026 results, with adjusted earnings topping the Zacks Consensus Estimate while revenues missed the same. Year over year, both metrics declined, given ongoing softness in housing demand and a lower ASP for homes delivered.
LEN’s Homebuilding revenues declined 2% year over year to $7.62 billion from $7.84 billion, with home deliveries increasing 2% to 20,519 homes from 20,131 homes a year ago. Backlog at quarter-end increased to 16,818 homes from 15,538 homes. For the third quarter of fiscal 2026, Lennar expects home deliveries in the range of 20,500-21,500 and new orders between 21,000 and 22,000 homes. Gross margin on home sales is expected to be approximately 16%.
RingCentral stock is among today’s top performers. Why is RNG stock up today? RingCentral Beats on Every Line and Raises the Bar for the Rest of the YearThe company posted non-GAAP earnings of $1.22 per share for the second quarter, clearing the analyst consensus of $1.16 by more than 5% and marking a 15% improvement from the $1.06 delivered in the same period a year ago.
Total revenue reached $657 million, ahead of the $650.5 million estimate and representing 5.9% growth from the $620 million generated in the prior year quarter. Subscription revenue, which accounted for 96% of the total, climbed 5.8% to $634 million.
The company also raised its quarterly dividend by approximately 67% to $0.125 per share, payable Aug. 20 to shareholders of record as of Aug. 6.
Guidance Moves Higher Across the BoardFor the third quarter, RingCentral guided for non-GAAP EPS of $1.25 to $1.30, bracketing the $1.25 analyst estimate, on total revenue of $664 million to $670 million, slightly above the $663 million consensus.
For the full year, the company raised its non-GAAP EPS outlook to $4.96 to $5.10 from a prior range of $4.85 to $5.01, lifted its total revenue guidance to $2.635 billion to $2.646 billion from $2.620 billion to $2.640 billion and increased its free cash flow forecast to $615 million to $625 million.
A Company-Wide AI Challenge Produced 2,500 Projects in Under 30 DaysBeyond the financial results, RingCentral shared the outcome of its AI-Native Challenge, a company-wide program in which employees across every discipline, not just engineering, built complete software projects from the ground up using ChatGPT Work and OpenAI’s Codex.
OpenAI Chief Revenue Officer Denise Dresser said RingCentral demonstrated what becomes possible when AI development tools are placed in the hands of an entire organization rather than confined to engineering teams alone.
RingCentral and NiCE Expand Partnership to Offer Integrated Communications PlatformThe deal builds on more than a decade of collaboration and gives enterprise customers a single integrated path to modernizing both their employee communications and customer experience operations.
RNG Shares Are SkyrocketingRNG Price Action: RingCentral shares were up 24.34% at $48.02 at the time of publication on Friday, according to Benzinga Pro.
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Blockchain analytics firm Santiment has ranked Hedera ($HBAR), Chainlink ($LINK), and Avalanche ($AVAX) as the top three crypto projects by real-world asset (RWA) development activity, based on 30-day GitHub data.
How the Rankings Stack Up Hedera retained the number one position, holding a development activity score of 278.17, according to Santiment data. Chainlink followed in second place with 215.37 points, while Avalanche ranked third at 135.13. Stellar ($XLM) climbed to fourth with a score of 110.9, rounding out a clear top tier ahead of the rest of the field.
The broader top ten includes IOTA ($IOTA), Chia ($XCH), Injective ($INJ), Dusk Network ($DUSK), VeChain ($VET), and Centrifuge ($CFG). Santiment's directional indicators, which track each project's monthly ranking movement, showed Injective, Dusk, and Centrifuge rising, while VeChain slipped lower.
Santiment's methodology measures notable GitHub contributions over a rolling 30-day window, pulling data directly from project repositories. The metric tracks development work rather than price performance, making it a gauge of sustained builder commitment.
Why Development Activity Matters for RWAs High development activity in the RWA space typically signals ongoing protocol upgrades, active code contributions, ecosystem expansion, and institutional integration efforts. While it does not map directly to price performance, it is widely treated as a long-term indicator of ecosystem health.
These three networks are at the centre of efforts to integrate physical and financial assets, including treasuries, bonds, and other traditional instruments, into blockchain infrastructure. Hedera's leading position reflects its continued push into enterprise adoption, while Chainlink's role as a leading oracle provider makes it a key connector between off-chain data and on-chain applications. Avalanche, meanwhile, has seen recent integrations with banks and asset managers deploying tokenized funds.
With RWA tokenization gaining momentum as a major crypto narrative in 2026, the projects leading in developer activity may be best placed to capture the next wave of institutional adoption.
Sources:
Crypto Economy: Hedera, Chainlink, and Avalanche Emerge as Core RWA Hubs
Crypto News Flash: Hedera, Chainlink, and Avalanche Lead RWA Developer Growth
Wall Street expects a year-over-year increase in earnings on higher revenues when Imperial Oil (IMO - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 31. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis oil and gas and petroleum products company is expected to post quarterly earnings of $2.99 per share in its upcoming report, which represents a year-over-year change of +123.1%.
Revenues are expected to be $11.86 billion, up 46.1% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 12.83% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Imperial Oil?For Imperial Oil, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that Imperial Oil will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Imperial Oil would post earnings of $1.67 per share when it actually produced earnings of $1.41, delivering a surprise of -15.57%.
Over the last four quarters, the company has beaten consensus EPS estimates three times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Imperial Oil doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Expected Results of an Industry PlayerAmong the stocks in the Zacks Oil and Gas - Integrated - Canadian industry, Cenovus Energy (CVE - Free Report) , is soon expected to post earnings of $1.11 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of +236.4%. This quarter's revenue is expected to be $9.57 billion, up 7.4% from the year-ago quarter.
The consensus EPS estimate for Cenovus has been revised 29.3% lower over the last 30 days to the current level. However, an equal Most Accurate Estimate has resulted in an Earnings ESP of 0.00%.
When combined with a Zacks Rank of #3 (Hold), this Earnings ESP makes it difficult to conclusively predict that Cenovus will beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
@ponsdotfamily, the leading token launchpad on @RobinhoodApp's Robinhood Chain, has once again grabbed market attention. The $PONS token is up roughly 35% over the past 24 hours and has gained nearly 800% over the past seven days, making it one of the most talked-about assets in the Robinhood Chain ecosystem.
A Platform Taking Shape on Robinhood Chain Pons is a non-custodial launchpad built for utility or equity tokens with a fixed supply. It has rapidly become one of the largest sources of new tokens on Robinhood Chain, absorbing a significant share of the network's token-creation activity after an earlier launchpad called NOXA stopped accepting new projects. The platform has drawn frequent comparisons to Pump.fun on Solana, though Pons uses a different launch and liquidity model.
Over 50,000 tokens have been launched on Pons. The platform recorded 58,000 daily active addresses, making it Robinhood Chain's busiest launchpad. The broader network has also expanded sharply: Robinhood Chain has surpassed $300 million in total value locked, emerging as one of the busiest Ethereum Layer 2 networks for speculative trading.
Part of the recent price momentum has been driven by social media attention. On July 21, 2026, PONS briefly reached a $39 million market cap after Robinhood CEO Vlad Tenev highlighted PONS founder MEADGod on social media. The platform's new limit order functionality also contributed, with continued social media activity driving an intraday gain of over 129% on July 22.
V2 Upgrade Targets Creators and Real-World Assets The upcoming V2 release is the clearest catalyst yet for the protocol's longer-term positioning. Pons V2 introduces an ETH-based bonding curve and Uniswap V4 integration, and will support custom trading pairs including tokenized assets such as USDG, NVDA, AAPL, and HOOD.
The Pons team has redesigned their fee structure so creators will now collect fees in $ETH by default, instead of accumulating fees in the launched token, using the new Uniswap V4 pools. Alongside ETH payouts by default, creators will have the option at deployment to receive payouts in another supported asset.
The V2 contracts are expected to be deployed after ongoing audits are completed, with token launches initially taking place through the platform's ponsfamily.com domain. The team noted that the contracts are still undergoing audits with two partners, meaning every feature remains subject to change until deployment.
$PONS remains a highly speculative asset on a network that is only weeks old. Traders should weigh the rapid price appreciation against the risks of a nascent ecosystem.
Sources:
Crypto.news: Robinhood Chain launchpad Pons announces V2 with Uniswap V4 upgrade
AMBCrypto: Pons V2 brings RWA trading pairs as Robinhood Chain broadens its ambitions
CoinGecko: Pons (PONS) Price and Market Data
Uniswap, the decentralized exchange protocol, has introduced Permissioned Pools on its v4 framework, enabling compliant trading of regulated assets directly onchain with integrated allowlist checks. The development aims to simplify regulatory compliance for issuers managing tokenized funds, securities, and equities on decentralized markets.
Compliance checks move onchain with new hook standardPermissioned Pools use a novel hook system in Uniswap v4, expanding pool functionality while maintaining the protocol’s core security standards. This setup allows issuers to create pools that enforce user eligibility by referencing an issuer-controlled allowlist before any trade or liquidity addition occurs.
Unlike previous solutions, which relied on separate frontend layers, these compliance checks now occur entirely at the protocol level. Issuers retain authority over their allowlists, determining who can access regulated pools. Once approved, users gain direct onchain trading and settlement through the Uniswap v4 platform.
The new design leverages Uniswap v4’s virtual accounting system for all exchange calculations, ensuring permissioned assets remain within regulated smart contracts at all times.
Permissioned Pools address the longstanding tradeoff DeFi issuers faced between composability and regulatory oversight, allowing both flexibility and compliance without sacrificing one for the other.
Uniswap Labs worked alongside Superstate, Securitize, and Dowgo to develop this standard, positioning it as an alternative to front-end gatekeeping while offering full protocol-level controls.
Mini dictionary: Allowlist (also known as a whitelist), is a user list that restricts access to specific features or pools, permitting only approved participants to interact with smart contracts—essential for regulatory compliance in tokenized securities trading.
Launch partners: Superstate, Securitize, and DowgoSuperstate, a firm specializing in tokenized equities and funds, participated early in the design process for the new standard. Securitize, which operates a compliance infrastructure for tokenized securities, contributed expertise in enabling its DS Protocol tokens to trade directly onchain. Dowgo, supporting the ERC-3643 token standard, integrated the technical components that facilitate these compliant pools.
Dowgo’s rollout plans depend on securing DLT TSS authorization within the European Union’s DLT Pilot Regime, which seeks to foster regulated trading of tokenized securities.
Uniswap noted that these partners represent a growing group of issuers seeking regulatory-compliant access to decentralized automated market makers.
Uniswap highlights that Permissioned Pools mark the first generalized, open source protocol catering to regulated onchain asset markets, which could grow to $11 trillion by 2030.
Mini dictionary: ERC-3643 is an Ethereum token standard designed for permissioned and regulated assets, supporting advanced compliance features like identity verification and transfer restrictions.
Implications for developers and the tokenized asset marketDevelopers building on Uniswap v4 can now choose between deploying fully permissionless pools or restricting access through the new Permissioned Pools structure. While the protocol itself remains open, individual pools can enforce compliance rules determined by each issuer.
By collaborating with partners focused on tokenized funds and regulated assets, Uniswap aims to lay the groundwork for trusted, compliant onchain value movement. The company expects wider adoption as more issuers seek infrastructure suitable for fund, security, and equity tokenization.
No timeline has been given for further integrations, but initial deployments from Superstate, Securitize, and Dowgo position the feature at the forefront of regulated DeFi innovation.
PartnerRole in Permissioned PoolsFocus AreaSuperstateDesign and standard partnerTokenized equities and fundsSecuritizeCompliance infrastructureTokenized securities, DS ProtocolDowgoERC-3643 integrationRegulated securities, EU DLT RegimeDisclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
VanEck Head of Digital Assets Research Matthew Sigel believes the next crypto bull market will be driven not by meme coins or speculative trading, but by the convergence of blockchain technology and traditional finance.
• Robinhood Markets stock is under selling pressure. What’s driving HOOD stock lower?
HYPE, HOOD Early LeadersHe added that Hyperliquid is on pace to generate $800 million in annualized revenue while using 99% of protocol revenue to repurchase HYPE tokens, reducing circulating supply.
Despite the crypto downturn, Hyperliquid has climbed roughly 146% this year. Sigel said the token could still double in value while remaining reasonably valued.
Robinhood’s recently launched Layer-2 blockchain is one of the strongest examples of financial convergence. Within two weeks of launch, Robinhood Chain reportedly attracted more than $300 million in deposits while processing roughly 3.6 million daily transactions.
Although much of the early activity involved meme coins rather than equities, he believes the underlying infrastructure has already demonstrated meaningful adoption.
Winners In The Next CycleSigel said crypto is beginning to show signs of forming a market bottom.
Since July 1, Bitcoin has gained roughly 9% while the Nasdaq-100 has declined about 6%, spot ETF flows have turned positive and market sentiment has improved.
The second category includes established financial companies aggressively adopting blockchain infrastructure rather than limiting themselves to pilot programs.
Image: Shutterstock
Market News and Data brought to you by Benzinga APIs
Decentralized exchange Uniswap has launched its first permissioned pools to advance its tokenization push. The pools will be available on Uniswap V4 in partnership with tokenized asset issuers Securitize, Superstate, and Dowgo.
According to Uniswap CEO Hayden Adams, the move is aimed at bringing “regulated assets onchain.”
Uniswap protocol is infrastructure for all onchain trading. Some regulated tokens and use cases require permissioned trading. Uniswap v4 can now more easily support these use cases through this new hook.
The new pool will restrict swaps and liquidity linked to tokenized stocks and ETFs to an allowlist of approved wallets.
Any sanctioned entity will automatically be flagged and blocked. To some extent, this is the centralization of a portion of the DEX to achieve key compliance checks for trading of regulated tokenized assets.
Uniswap’s bet on $11T tokenized market boom The tokenized market is currently valued at $36B, but is expected to hit $11 trillion in the next four years. Since the SEC applies a technology-neutral stance on tokenized securities, the same traditional disclosure requirements and monitoring will apply in the onchain market too.
Source: Chiara M. /LinkedIn
In fact, attempts by the DeFi industry to push for exemption or limited legal liability have been strongly opposed by traditional stock exchanges and operators like Citadel Securities.
For the TradFi players, all legal responsibilities should apply to anyone handling tokenized securities, whether the platform is non-custodial or not.
As such, the permissioned pools are one way DeFi players like Uniswap seek to ride the tokenization boom while remaining compliant.
If Uniswap captures a fraction of the expected tokenization boom, it could drive more volume and revenue.
That said, the DeFi project has activated several protocol fees across various versions and chains in the past few months. So far, the protocol has generated a cumulative of $5.6B in fees, mostly going to liquidity providers.
Source: DeFiLlama In contrast, the protocol’s revenue has remained low at about $27M. The push for protocol fees shared with the liquidity providers could help drive more revenue for the UNI buyback.
So far in 2026, the project has burned about 6-8 million UNI, translating to an average of 1M UNI burned per month.
Can UNI extend its rally? Notably, the recent Uniswap traction on Robinhood Chain fueled the July rally, boosting UNI to surge by nearly 61% from the June lows.
The altcoin was valued at $3.84 at press time and was above the 200-day Moving Average (MA, blue line). This meant that the long-term market structure was bullish.
As such, UNI could extend the rally to the Q2 peak level at $4.17, implying an extra 12% upside potential.
Source: UNI/USDT, TradingView The bullish set-up would be invalidated if UNI slips below the 200-day MA, currently at $3.6. Such a move would trigger a potential pullback to the 50-day MA at $3.3.
Final Summary Uniswap targets the $11T tokenized market with permissioned pools UNI has rallied 60% since June and could extend the gains to 70%
Key Points:EUR/USD gained some ground as traders reacted to PMI reports. GBP/USD moved higher, supported by stronger-than-expected UK Retail Sales. USD/JPY continued its attempts to settle above the resistance level at 163.50 - 164.00.
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U.S. Dollar Moves Lower As Oil Pulls Back
DXY 240726 4h Chart U.S. Dollar Index is losing ground as traders focus on the pullback in the oil markets. WTI oil declined towards the $88.00 level as traders hoped that U.S. and Iran will get back to negotiations. Falling oil prices reduced demand for safe-haven assets, which was bearish for the American currency.
Today, traders also focused on PMI reports. Manufacturing PMI declined from 53.9 in June to 53.8 in July, compared to analyst forecast of 54.3. Services PMI improved from 51.2 to 53.6, compared to analyst consensus of 51.5. Numbers above 50 show expansion.
EUR/USD Gains Gound As Euro Area PMI Reports Exceed Estimates
EUR/USD 240726 4h Chart EUR/USD attempts to rebound as traders focus on better-than-expected PMI data from the EU. Euro Area Manufacturing PMI increased from 51.4 in June to 52.0 in July, compared to analyst forecast of 51.5. Euro Area Services PMI improved from 49.4 to 51.6, compared to analyst consensus of 49.8.
The nearest support level for EUR/USD is located in the 1.1350 – 1.1365 range. In case EUR/USD manages to settle below the 1.1350 level, it will head towards the next support level at 1.1270 – 1.1285.
GBP/USD Gains Ground As UK Retail Sales Beat Estimates GBP/USD 240726 4h Chart GBP/USD is moving higher as UK Manufacturing PMI and UK Services PMI exceeded analyst estimates. Falling oil prices provided additional support to the British pound. Better-than-expected Retail Sales report served as an additional positive catalyst for GBP/USD. The report indicated that Retail Sales increased by +1% month-over-month in June.
Currently, GBP/USD is trying to settle back above the resistance level at 1.3335 – 1.3350. In case GBP/USD manages to settle above the 1.3335 level, it will head towards the 50 MA at 1.3414. A move above the 50 MA will open the way to the test of the resistance level at 1.3450 – 1.3465. RSI is in the moderate territory, so there is plenty of room to gain momentum in case the right catalysts emerge.
USD/CAD Is Mostly Flat As Traders Focus On Commodity Markets USD/CAD 240726 4h Chart USD/CAD is mostly flat despite the rebound in precious metals markets. Other commodity-related currencies are moving higher in today’s trading session.
In case USD/CAD pulls back below the 50 MA at 1.4061, it will head towards the support level at 1.4010 – 1.4025.
On the upside, USD/CAD needs to settle above the resistance level at 1.4125 – 1.4140 to have a chance to gain upside momentum in the near term. A move above the 1.4140 level will push USD/CAD towards the next resistance level at 1.4235 – 1.4250.
USD/JPY Tests Resistance At 163.50 – 164.00 USD/JPY 240726 4h Chart USD/JPY remains stuck near the 164.00 level as traders react to inflation data from Japan. Inflation Rate increased from 1.5% in May to 1.7% in June, in line with analyst consensus. Core inflation Rate increased from 1.4% to 1.6%. The report has also met analyst estimates.
From the technical point of view, USD/JPY attempts to settle above the resistance level at 163.50 – 164.00. In case USD/JPY manages to settle above the 164.00 level, it will head towards the psychologically important 165.00 level. These levels have not been tested since 1986. RSI is in the overbought territory, but there is some room to gain additional momentum in the near term.
If you’d like to know more about how to trade forex, please visit our educational area.
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Vladimir is an independent trader, with over 18 years of experience in the financial markets. His expertise spans a wide range of instruments like stocks, futures, forex, indices, and commodities, forecasting both long-term and short-term market movements.
The Solana spot margin protocol now offers leverage and lending across 700+ live markets, spanning long-tail assets, tokenized stocks, and real-world assets. Every position is spot leverage on the real asset, not a synthetic future.
Lavarage, the spot margin protocol for any token on Solana, now runs across 700+ live markets and closes two gaps that perpetual futures cannot reach: brand-new tokens before any futures market exists, and tokenized real-world assets where ownership matters. The through-line: leverage what matters, own what you trade.
The update targets a widening gap in on-chain markets: the assets people want to trade are growing fast at both ends, Solana now mints tens of thousands of new tokens a day and processes more than 95% of all tokenized-equity trading, while leverage has stayed locked to a handful of liquid markets.
Gap one: new assets, before a futures market exists
Solana empowers seamless assets creation on-chain: from serious project tokens all the way to meme tokens — as many as 47,619 minted in a single day (June 2026, per CryptoRank). The biggest moves and opportunities come before any futures market forms. Lavarage can spin up a spot leverage market for a new asset immediately, using liquidity already on-chain, so traders can act while it matters.
Gap two: assets where ownership matters
The second gap is capital efficiency for assets worth owning, not just betting on — tokenized real-world assets that carry long-term ownership benefits. Tokenized stocks on Solana crossed $4.9 billion in volume in H1 2026 (Crypto Briefing), roughly six times the prior half-year. For these, spot leverage beats a perpetual: you get leverage on the asset while still owning the real token. So any ownership benefits stay with you, instead of holding a synthetic derivative of it.
Benefits for traders
Spot leverage, not synthetic futures. Every position is opened with the actual asset, which the trader has the option to own. Any token on Solana. 700+ tokens have live margin markets today, the majority of which have no perpetual futures market yet. Best-offer matching. Traders are automatically matched to the loan offer with the most favourable terms, and loans are continuous with much more stable funding cost. Isolated positions. Isolation means no platform-wise auto-deleveraging. Benefits for lenders
Lenders earn real yield as interest paid by traders who borrow to open long or short positions, yield generated directly by spot-leverage borrow demand, on any asset they lend. Every loan is over-collateralized and isolated. Lenders can participate actively, creating offers and setting their own terms, or passively, by staking into existing lending vaults, which have recently paid roughly 30% APY on SOL and roughly 14% on USDC as of July 2026, variable with utilization.
Founder comment
“Perpetual futures are great for a handful of highly liquid assets. But for a new token, the moment that matters most comes before any futures market exists. For real-world assets, owning the thing you trade is the whole point,” said Tgen, co-founder of Lavarage. “Those are the two gaps we close with spot leverage. Leverage what matters, own what you trade.”
Lavarage by the numbers (July 2026)
$200M+ in cumulative volume 10,000+ unique traders 80,000+ positions opened 5,000+ tokens traded with leverage $1M+ in fees paid out to integration partners Live on Solana mainnet since 2024 Margin trade any token on Solana → v2.lavarage.xyz
About Lavarage
Lavarage is a spot margin protocol on Solana that lets traders take leverage on any token — from day-one launches to tokenized real-world assets — while holding the real asset, not a synthetic derivative. Lenders supply the liquidity, actively by setting their own terms or passively by staking into vaults, and earn interest from borrow demand. Lavarage has processed $200M+ in volume across 700+ live markets and has been live on Solana mainnet since early 2024, built on audited code (Code4rena and Sec3). Learn more at lavarage.xyz.
Tokenized equities referenced are issued by third parties via Backpack Securities and Sunrise on Solana; per-token disclaimers apply on the live product, and backing and redeemability are the issuer’s claim — do your own research. Not available to US persons. Not financial advice. Leverage trading carries risk of loss, including liquidation.
BloFin Wallet has reached a significant milestone in its evolution, introducing Perpetual Contract Trading and the BloFin Wallet Visa Card, two updates that push the wallet well beyond what most crypto wallets are built to do.
From Holding to Trading: Perpetual Contracts Now Live BloFin Wallet users can now trade perpetual contracts directly from their wallet, with access to 100+ tokens spanning both cryptocurrency and tradfi assets. Instead of moving funds to a separate exchange, users can trade within the same wallet they already use for swaps, onramp, and earn.
The update also introduces a referral program tied to perpetual trading. Users can share their invite link and earn fee rebates based on their referrals’ trading activity, creating a direct connection between community growth and personal reward.
The Next Era of Finance BloFin Wallet has also launched the BloFin Wallet Card, a Visa card that lets users spend their digital assets wherever Visa is accepted. The card supports Apple Pay and Google Pay, carries zero issuance and annual fees, and imposes no lock-up period on funds. Users hold their assets until the moment of purchase.
The next phase of digital finance will not be defined by another standalone wallet, exchange, payment card, or yield product. It will be defined by how seamlessly these functions work together. Users increasingly expect to trade, hold, earn, and spend from a single financial environment, without repeatedly moving funds between platforms, waiting through settlement delays, or sacrificing control of their assets. BloFin Wallet is helping pioneer this all-in-one experience. Its ambition extends beyond asset storage: it is building a unified gateway where digital assets can move naturally between investment, trading, yield generation, and everyday spending. By reducing the friction between these activities, BloFin Wallet aims to make crypto capital as accessible and useful as money in a traditional account, while preserving the speed and flexibility of digital markets
The BloFin Wallet Card is a key part of that vision. Alongside the card, BloFin Wallet offers an Earn product with unlimited 6%+ APY, enabling users to put idle assets to work while keeping them accessible. Together, Card and Earn create a more efficient capital loop: assets can remain productive when not being spent, stay available when opportunities arise, and be used directly for real-world payments when needed. This reflects a broader shift in the market. Crypto users are moving beyond speculation alone and increasingly looking for practical financial utility. At the same time, fragmented experiences, one platform for trading, another for custody, another for yield, and another for payments, are becoming less acceptable. The platforms positioned to lead the next cycle will be those that combine deep liquidity, capital efficiency, payment access, and intuitive asset management within one connected experience.
BloFin Wallet’s long-term opportunity is to become a financial operating system for the digital-asset economy: one place where users can enter the market, manage risk, grow their assets, and use their wealth in everyday life. The future of finance will not ask users to choose between trading and spending, or between earning and accessibility. It will bring all of these experiences together, and make the transitions between them nearly invisible.
Trade Smarter, Hold Safer Taken together, these updates say something about where BloFin Wallet is headed. Where most wallets stop at storage and swaps, BloFin Wallet now covers the full arc from on-chain trading to real-world spending, with earning opportunities built in throughout. The BloFin Wallet app is available on the Google Play Store and the Apple App Store.
About BloFin Wallet BloFin Wallet is an on-chain wallet designed to support secure, self-custodied management of digital assets across multiple blockchain networks. The wallet allows users to store, manage, and interact with their crypto assets while maintaining full ownership and control. BloFin Wallet supports multi-chain asset management, primarily across major EVM and Solana networks, and provides access to on-chain applications and services. It is also integrated with the BloFin ecosystem, enabling users to connect their wallet assets with BloFin’s broader financial services. With a focus on security, usability, and interoperability, BloFin Wallet serves as a practical entry point for users engaging with the ecosystem. For more information, please visit wallet.blofin.com.
Morgan Stanley has gained approval to list and trade its Ethereum and Solana ETFs on NYSE Arca as the issuer submitted 8-A and other filings with the US SEC. The Wall Street giant could soon launch its spot Ethereum and Solana ETFs.
Morgan Stanley Ethereum ETF Gains Approval According to the latest SEC filing, Morgan Stanley has gained approval to list shares of its spot Ethereum ETF from NYSE Arca. The ETF will list and trade on NYSE Arca under the ticker symbol MSSE.
Morgan Stanley has also filed 424B3, with no details on the fee waiver. The filing has become auto-effective pursuant to Section 12(b) of the Exchange Act, pending CERT filing for details on the trading date.
As CoinGape earlier reported, Morgan Stanley updated delegated sponsor, Coinbase Prime, Coinbase custodial and trade finance agreements. The latest amendment indicates the Morgan Stanley Ethereum ETF could become effective soon.
The spot Ethereum ETF will levy a sponsor fee of 0.14%. Also, it plans to stake 50-80% of holdings via providers such as Figment, Galaxy Blockchain, and Coinbase Canada. Notably, staking services providers and custodians are to receive only 5% of the staking rewards.
Morgan Stanley Investment Management, the delegated sponsor, said it will not receive or retain the remaining staking rewards, resulting in higher earnings for investors.
Moreover, The Bank of New York Mellon and Coinbase Custody will serve as custodians for the Morgan Stanley Ethereum ETF.
NYSE Arca Approves Wall Street Giant’s Solana ETF Listing Morgan Stanley also filed 8-A and 424B3 with the US SEC for its spot Solana ETF. NYSE Arca has also approved Morgan Stanley Solana ETF to list and trade under the ticker MSOL.
Notably, the approval comes as $10 trillion Morgan Stanley’s brokerage firm E*TRADE completed the rollout of spot Bitcoin, Ethereum, and Solana trading. Clients can buy, sell, and hold crypto in a linked Zerohash account.
Morgan Stanley Solana ETF will have a 0.14% management fee. Also, the issuer plans to stake up to 100% of SOL holdings through Figment, Galaxy Blockchain, and Coinbase Canada.
The staking rewards distribution mechanism for staking service providers, custodians, and investors is the same as in the Morgan Stanley Ethereum ETF. Cash custodians, crypto custodians, administrator, transfer agent, and marketing agent are similar to those of its Morgan Stanley Bitcoin ETF.
The MSBT holds over $391 million in total assets, with BTC holdings worth over $396 million. MSBT saw $5 million in inflows in the latest session, while spot Bitcoin ETFs recorded $255.18 million in outflows.
While Morgan Stanley plans to capture passive yields internally for its ETF, retail investors looking for direct control over their assets can explore the best crypto staking platforms to earn competitive APYs on their Ethereum and Solana holdings.
@Byreal_io, an AI-native decentralized exchange built on Solana and incubated by Bybit, has crossed the $4 billion mark in total trading volume, marking a significant milestone for one of the most distinctly positioned DEX platforms in the current DeFi cycle.
From Bybit's Incubator to a Billion-Dollar Venue Byreal is a decentralized exchange built on the Solana blockchain and incubated by Bybit, the world's second-largest cryptocurrency exchange. The platform crossed $1 billion in cumulative trading volume just 10 weeks after its mainnet launch in early October 2025. The latest $4 billion figure represents a substantial acceleration from that early pace.
Byreal marked its first anniversary since launching on the Solana testnet on 30 June 2025, and over the past year has grown into a primary liquidity venue for tokenized real-world assets (RWA) and established itself as one of the first AI agent-native exchanges in DeFi. Through deep integration with Bybit Alpha, Byreal became the top Day 1 trading volume venue on Solana for multiple new tokens, including BP, MON, ARX, SKR, and BRIB, bridging centralized exchange liquidity with on-chain markets from launch day.
AI Agents as Full-Fledged On-Chain Traders Byreal brings together trading, liquidity provision, and yield generation into one unified on-chain platform, built from the ground up as an AI agent-native DEX that enables both human users and AI agents to trade, swap, and provide liquidity programmatically on Solana. This architecture is central to the platform's growth story. Rather than treating AI participation as an add-on, Byreal has made autonomous agent trading a core design principle.
Byreal uses a dual-execution engine that routes trades through both on-chain concentrated liquidity pools (CLMM) and an off-chain Request-for-Quote (RFQ) system, dynamically selecting the best execution path for tighter spreads, lower slippage, and MEV protection. Sub-200ms latency, powered by high-performance RPC infrastructure, supports institutional-grade execution speed. Solana's sub-second finality makes it a natural fit for the kind of high-frequency, multi-agent activity the platform is designed to support.
Over the past year, Byreal has expanded its product suite across three verticals on a single platform: Real Farmer, the first copy-farming product on Solana; Perps, offering up to 50x leverage trading for both equities and crypto; and Predict, an on-chain market for trading real-world outcomes.
In April 2026, Byreal announced the launch of Byreal Perps Agent Skills, extending its agent-native trading infrastructure to perpetual futures. Users can now trade perps through natural language commands via RealClaw, with no manual order entry, no separate interfaces, and no bridging required.
Sources:
Byreal First Anniversary: Chainwire
Byreal Official Documentation
Byreal Perps Agent Skills Launch: PR Newswire
Circle has minted an additional 250 million USDC on the Solana blockchain, increasing the total issuance on the network to approximately $72.01 billion. This marks the fourth such mint in two days, indicating significant activity within the Solana ecosystem. The cumulative issuance figure reflects the total amount minted, not the circulating supply on the network. The recent minting activity suggests an uptick in liquidity and usage of Solana, which might influence market dynamics and investor sentiment.
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The market’s response to this development appears mixed. In the prediction market for Solana reaching $90 by August 1, 2026, the odds remain low, with a 2% YES probability. This suggests that while the increased USDC issuance could indicate higher network activity, it has not yet translated into strong confidence in a substantial price rise for Solana in the short term. Market participants continue to weigh the potential impact of increased liquidity against broader market conditions and regulatory environment.
Key Takeaways Recent USDC minting activity appears consistent with increased liquidity on Solana, potentially impacting network activity. Market pricing suggests limited confidence in a near-term price surge for Solana, with low odds of reaching $90 by August 1. The aggregate issuance of USDC on Solana does not equate to circulating supply, indicating complex underlying market dynamics. What to Watch Observers should monitor whether continued USDC issuance on Solana leads to significant shifts in network activity or market sentiment. Key indicators include any changes in the prediction market’s pricing for Solana’s price targets and broader adoption of USDC on Solana for transactions. Additionally, developments in regulatory policies and technological upgrades on Solana may further influence market perceptions and pricing.
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Term Structure
Contract Odds Δ since publish Volume 24h August 1 2026 2.5% — — View market → August 1 2026 0.1% — — View market → August 1 2026 0.1% — — View market → August 1 2026 0.9% — — View market → August 1 2026 0.5% — — View market → August 1 2026 0.4% — — View market → August 1 2026 1.4% — — View market → August 1 2026 0.3% — — View market → August 1 2026 1.9% — — View market → August 1 2026 0.1% — — View market → August 1 2026 0.6% — — View market → August 1 2026 0.1% — — View market → August 1 2026 28% — — View market → August 1 2026 0.1% — — View market → August 1 2026 0.1% — — View market →
@Circle has minted another $250 million $USDC on the @Solana blockchain, marking its fourth major issuance event within a 48-hour window. The move pushed the total circulating supply of USDC to a record $72.01 billion, underscoring relentless institutional demand for on-chain dollar liquidity.
Rapid Minting Reflects Rising On-Chain Demand The speed of the minting cycle is notable. Four large issuances in under two days signals that Circle is responding in near real-time to demand from market makers, trading venues, and DeFi protocols operating on Solana. Traders use USDC as collateral, as a settlement asset, and as a quick way to move between volatile positions without leaving the chain. When more USDC is minted onto Solana, it usually points to demand for on-chain dollar liquidity, which can come from market makers, DeFi protocols, retail traders, or institutions routing activity through Solana-based venues.
Large stablecoin mints typically provide fresh liquidity that can be deployed across decentralized exchanges, lending protocols, automated market makers, and yield-generating applications. As newly minted USDC enters circulation, DeFi platforms can absorb the additional capital to facilitate larger trading volumes and improve market efficiency.
USDC Cements Its Role as a Core Settlement Layer The pace of issuance sits within a broader trend of USDC dominance in 2026. Adjusted stablecoin transaction volume hit a record $1.79 trillion in June 2026, with Circle's USDC capturing 67% of activity at $1.21 trillion. That momentum has been driven in part by regulatory clarity in the United States and growing institutional use of USDC for payments and settlement.
USDC supply surged 220% since late 2023 to approximately $78 billion, driven by institutional B2B settlement, payroll infrastructure, and programmatic payment rails built by Visa and Stripe. The repeated minting cycles on Solana reflect that growth and reinforce the stablecoin's position as a primary collateral layer for on-chain finance.
Blockchain analysts note that gross issuance does not represent the network's live circulating supply, since USDC can later be redeemed, burned, or bridged to other blockchains. Even so, the frequency and scale of Circle's recent mints point to sustained, real demand rather than a one-off capital event.
Sources:
Crypto Briefing: Circle's USDC drives record stablecoin transaction volume in June 2026
CoinTrust: Circle Mints $250M USDC on Solana as 2026 Supply Nears $65B
CoinMarketCap Academy: $315B Stablecoin Supply Hits Record as USDC Gains
Solana continues to trade below major resistance levels, with analysts highlighting persistent risk for a renewed decline. The current rebound in SOL is viewed by several market observers as corrective, rather than the start of a sustained uptrend. If resistance holds, Solana could revisit previous support levels and potentially approach $60 in the coming sessions.
Solana tests resistance, $60 target remains in focusSolana is currently navigating a critical resistance area between $77.50 and $83. Analyst Molchanov Andrey, who tracks market structure and price action, warned that sellers could become more active within this zone. According to Andrey, a failure to clear these resistance levels may keep Solana vulnerable to a drop toward the $62.22 to $60.03 range.
Solana must establish support above $83 to confirm further upside, while repeated rejections in this area continue to signal weakness and the potential for another move down to the $60 region.
The six-hour price chart shows Solana consolidating above an ascending trendline after a recovery from its June lows. However, attempts to break above the current resistance have so far fallen short, indicating that buyers have not yet secured a crucial breakout.
A temporary rally above $83 could lift SOL toward $87.90, as the market targets liquidity above recent highs. However, without sustained buying and support above this level, analysts believe any advance may remain short-lived. In the event of another rejection, Fibonacci support near $73.89 and $71.55 could become critical. Falling below that range may open the way for losses toward $68.28 and the broader $60 zone.
Should Solana manage to break above $87.90 and establish that area as support, attention would likely shift to the next resistance at $94.26. For now, the asset remains at a pivotal junction, with resistance continuing to restrict any significant recovery. A drop below the rising trendline could serve as confirmation that a new corrective phase is underway.
Recovery stalls as Solana remains in broader downtrendBroader technical patterns suggest that Solana’s latest rally may not signal the start of a true reversal. According to MCO Global, the coin’s strength could be limited to a short-term bounce. The analytical firm explained that as long as SOL trades below $98.50, the risk of renewed decline persists and the market structure remains bearish.
While a push to the $98.50 resistance is possible, Solana faces considerable selling interest at every major level below that threshold, making a sustained breakout challenging without further bullish conviction.
Immediate resistance is located at $82.26, $89.41, and $93.99. A clear break above these thresholds could accelerate recovery efforts toward the major $98.50 level. Conversely, if Solana loses support at $64.30, the late June swing low, this would likely confirm that the correction is resuming. Downside objectives in that scenario include $48.80 and $43.22.
Price LevelTypePotential Outcome$77.50–$83Immediate resistanceRejection could fuel drop to $60$83Breakout triggerTemporary upside to $87.90 possible$89.41, $93.99Additional resistanceClearing boosts chance at $98.50$64.30Key supportBreak opens path to deeper losses$48.80, $43.22Downside targetsBears may push SOL lower if trend continuesShould the price make a sustained move above $98.50 and use it as a new support, bearish pressures could ease, prompting a reassessment of market direction. Otherwise, analysts argue that the coin remains at risk of further losses, especially if the $64.30 threshold fails to hold.
Solana, a high-performance blockchain platform designed for decentralized applications and crypto projects, continues to face uncertainty as traders monitor key support and resistance zones for short-term direction.
Mini dictionary: MCO Global, a digital assets analysis firm, specializes in providing technical and on-chain insights for cryptocurrency traders and institutional investors.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Duan Yongping has sold SpaceX put options with a strike price of $92.
Renowned investor Duan Yongping stated yesterday in response to a community user's question that he has started selling put options on SpaceX. This is his typical "potential acquisition" strategy. According to the live trading records of the SpaceX put options Duan shared, his quoted price was around 23.20, with actual execution at 23.26 (1,000 contracts), earning him a premium of approximately $2.32 million. Calculated over a 5-month term, the yield is roughly 25.35%, with an annualized return of about 60%. He noted, "I want to support Elon Musk's dream."
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Home / Price Analysis / Crypto Market Brief July 24: $280M Liquidations, BTC ETF Outflows, $1.4B Options Expiry and a Bankruptcy Filing
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Muthoni Mary is a seasoned crypto market analyst and writer with over three years of experience decoding blockchain trends, price movements, and market dynamics. She holds a Bachelor’s Degree in Commerce (Finance) from Kenyatta University, blending a solid academic foundation with a sharp eye for technical analysis and a deep understanding of on-chain data. Her work delivers clear, data-driven insights that empower investors to navigate the fast-evolving digital asset space with confidence. When she’s not analyzing the markets, Mary enjoys reading and travelling.
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Highlights
The crypto market is down today as bearish headwinds dominate. The drop comes amid BTC ETF outflows and surging long liquidations. Bitcoin mining pool Poolin Technologies has filed for Chapter 11 bankruptcy in the US. Crypto prices are down today, July 24, as outflows to Bitcoin (BTC) ETFs, rising odds of a Fed rate hike, and another bankruptcy filing caused $280 million in market liquidations.
Top Crypto Market Movers Solana is the biggest loser among the top ten largest cryptos by market cap with a 2.83% drop, followed closely by XRP with a 2.5% decline. Crypto Market Prices (Source: CoinMarketCap) SOL price is falling despite the SEC granting Morgan Stanley approval to launch a SOL ETF on the NYSE Arca under the ticker “MSOL.” The total meme coin market cap is down by 7.24% to $%22 billion, with Dogecoin (DOGE) dropping by 3.45% despite returning inflows to DOGE ETFs. CASHCAT defies the bearish market sentiment, with a 19% gain to trade at $0.05. $1.43 billion on Bitcoin and Ethereum options expire today, July 24, per Deribit data. Biggest News of the Day Poolin Technology, which was once the largest Bitcoin mining pool, has submitted a Chapter 11 bankruptcy filing in the US The filing shows liabilities between $100 million and $500 million and estimates creditors to be between 10,001 and 25,000 The filing comes a day after one of the biggest derivatives exchanges, BitMEX, announced shutting down on September 30. Crypto Market Data Total Market Cap: $2.21 trillion (-1.17%) 24-Hour Trading Volumes: $61.74 billion Bitcoin: $64,988 (-0.95%) Ethereum: $1,880 (-2.36%) Bitcoin Dominance: $58.9% Ethereum Dominance: 10.3% Total Liquidations: $282 million ($192 million in long liquidations and $90 million in short liquidations) Fear and Greed Index: 28 What to Watch in the Crypto Market Today Bitcoin ETFs saw their first outflows in seven days on July 23 despite the price remaining above $64,000 BTC ETF outflows topped $225 million despite Ethereum posting $26 million inflows Bitcoin ETF Flows (Source: SoSoValue) Traders should watch today’s ETF inflow/outflow data to assess whether institutional demand is weakening amid bearish macro pressures An increase in ETF outflows could push the crypto market lower due to increasing sell-side pressure Catch up on yesterday’s biggest moves in our Crypto Market Brief for July 23.
Investment disclaimer: The content reflects the author's personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Frequently Asked Questions (FAQs)
1. Why is the crypto market down today?
The crypto market is down today as returning ETF outflows, retail selling pressure and geopolitical tensions weigh on prices.
2. What are the top movers in the crypto market today?
The top movers in the crypto market today are Solana, XRP, Dogecoin and CASHCAT.
3. What is the biggest news in the crypto market today?
The biggest news in the crypto market today is the Chaper 11 bankruptcy filing by Poolin Technologies.
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About Author
About Author
Muthoni Mary is a seasoned crypto market analyst and writer with over three years of experience decoding blockchain trends, price movements, and market dynamics. She holds a Bachelor’s Degree in Commerce (Finance) from Kenyatta University, blending a solid academic foundation with a sharp eye for technical analysis and a deep understanding of on-chain data. Her work delivers clear, data-driven insights that empower investors to navigate the fast-evolving digital asset space with confidence. When she’s not analyzing the markets, Mary enjoys reading and travelling.
Duan Yongping has sold SpaceX put options with a strike price of $92.
Renowned investor Duan Yongping stated yesterday in response to a community user's question that he has started selling put options on SpaceX. This is his typical "potential acquisition" strategy. According to the live trading records of the SpaceX put options Duan shared, his quoted price was around 23.20, with actual execution at 23.26 (1,000 contracts), earning him a premium of approximately $2.32 million. Calculated over a 5-month term, the yield is roughly 25.35%, with an annualized return of about 60%. He noted, "I want to support Elon Musk's dream."
6 minutes ago
The United States and the United Kingdom plan to discuss forming an international alliance to protect maritime shipping in the Strait of Hormuz.
According to AXIOS: European diplomats say the U.S. and the U.K. are discussing holding a high-level meeting in London next week, with the meeting focusing on a potential plan to establish an international coalition to protect maritime shipping in the Strait of Hormuz.
6 minutes ago
A prominent trader says Bitcoin’s cycle is accelerating, and firmly believes this cycle will still hit a new high before the halving.
Renowned trader Killa (@KillaXBT) stated in a post that Bitcoin’s cycle is accelerating. The previous cycle took just 476 days to rise from its bottom to a new all-time high (ATH), far faster than the two prior cycles. He forecasts this cycle will also hit a new high ahead of the next halving. Killa, a BTC-focused quantitative trader, accurately predicted the peak of the current bull market in May 2025 and boasts over 200,000 followers on X. In mid-April, he shorted Bitcoin at $74,688 before switching to long positions during the broad market sell-off on June 5.
6 minutes ago
Qualcomm notifies its customers it can no longer absorb price hikes, and will raise prices by double-digit percentages.
Bloomberg cited a letter reporting that Qualcomm has informed its clients it can no longer absorb price hikes and will implement double-digit percentage price increases. Following the news, BIT (bit.com) market data shows Qualcomm’s decline narrowed, while Nvidia climbed 1.2% to hit a new daily high.
6 minutes ago
OpenAI CEO: Hopes the U.S. wins in the open-source AI sector, and is "pleased to see" Jensen Huang's remarks.
OpenAI CEO Sam Altman said he hopes the U.S. will lead in both open-source AI and proprietary AI models, adding that he "welcomes" the statement Nvidia’s CEO made on social media regarding the open letter jointly issued by over 20 U.S. tech companies.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Booz Allen Hamilton Holding Corporation (BAH) Q1 2027 Earnings Call July 24, 2026 8:00 AM EDT
Company Participants
Dustin Darensbourg - Director & Head of Investor Relations
Horacio Rozanski - CEO & Chair
Kristine Anderson - COO & President
Troy Lahr - Executive VP & CFO
Conference Call Participants
Jonathan Siegmann - Stifel, Nicolaus & Company, Incorporated, Research Division
Colin Canfield - Cantor Fitzgerald & Co., Research Division
Gavin Parsons - UBS Investment Bank, Research Division
Louie Dipalma - William Blair & Company L.L.C., Research Division
Scott Mikus - Melius Research LLC
Matthew Akers - BNP Paribas, Research Division
Seth Seifman - JPMorgan Chase & Co, Research Division
Tobey Sommer - Truist Securities, Inc., Research Division
Sheila Kahyaoglu - Jefferies LLC, Research Division
John Godyn - Citigroup Inc., Research Division
Presentation
Operator
Good morning. Thank you for standing by, and welcome to Booz Allen Hamilton's Earnings Call covering First Quarter Fiscal Year 2027 Results. [Operator Instructions] I'd now like to turn the call over to the Head of Investor Relations, Dustin Darensbourg. Please go ahead.
Dustin Darensbourg
Director & Head of Investor Relations
Good morning, and thank you for joining us for Booz Allen's First Quarter Fiscal Year 2027 Earnings Call. We hope you've had an opportunity to read the press release we issued earlier this morning. We have also provided presentation slides on our website and are now on Slide 2. With me today to talk about our business and financial results are Horacio Rozanski, our Chairman and Chief Executive Officer; Kristine Martin Anderson, President and Chief Operating Officer; and Troy Lahr, Executive Vice President and Chief Financial Officer.
As shown in the disclaimer on Slide 3, some of the items we will discuss this morning are forward-looking and may relate to future events and as such, involve known and unknown risks, uncertainties and other factors that may cause our actual results
Wedbush, a multibillion-dollar US investment firm, still rates three of the market’s hottest quantum stocks a buy. Yet there is a catch, because institutional money is quietly leaving them.
Every one of these stocks has corrected sharply this month, down between 24% and 36%. Yet the buy ratings still stand from spring and have not been cut to hold or sell. Meanwhile, the money-flow data tells the opposite story.
IonQ (NYSE: IONQ)The stock has dropped 36% this month to $34.07, far below its $84.64 high, yet it is still the biggest of the three by market value, near $12.7 billion.
IonQ Monthly Price Performance: Google FinanceIts business is also growing fast. IonQ reported that first-quarter revenue jumped 755% to $64.7 million, that its order backlog, meaning work sold but not yet delivered, rose 554% to about $470 million, and that it held roughly $3.1 billion in cash. The company also said it sold its first 256-qubit quantum computer to the University of Cambridge.
Even after the drop, analysts have not cut their calls, keeping buy ratings with Rosenblatt near $100, Wedbush at $75, and Northland at $70, though those targets date to May and June.
IonQ Analyst Ratings: TipRanksDan Ives, the widely followed former-Wedbush analyst whose AI ETF topped $500 million within months of launch, is the loudest voice here. He calls quantum a derivative play on the AI boom, and he even expects the Trump administration to take an equity stake in names like IonQ. However, these drivers are a tad dated. But the new ones surprisingly agree with these.
Note: Wedbush still runs and manages the IVES ETF, despite Daniel Ives’ departure.
IonQ’s put-call ratio, which weighs bearish put bets against bullish call bets, collapsed from 2.69 on July 16 to 0.45 by July 23, so options traders turned sharply bullish.
IonQ Put-Call Ratio: BarchartHowever, Chaikin Money Flow, a proxy for institutional buying and selling, sat deep in the red near -0.46.
IonQ Chaikin Money Flow: TradingViewThat gap hints at a near-term catalyst that traders expect, while the money flow says larger holders are selling.
One tracked account even flagged IonQ option sentiment above 70 for the first time.
Rigetti Computing (NASDAQ: RGTI)Rigetti has fallen 24% this month to $14.85, and it leans on government money more than sales.
Monthly Price Performance: Google FinanceThe company said it secured $100 million from the US Department of Commerce over three years, part of a wider federal package, in return for a small ownership stake. Rigetti also launched a 108-qubit quantum computer, called Cepheus-1, on major cloud platforms.
Even so, coverage stays thin, and the buy ratings near $40 from Rosenblatt and Wedbush simply linger with no downgrade after the drop.
Rigetti Analyst Ratings: TipRanksThe same split appears again. Rigetti’s put-call ratio fell from 1.09 on July 16 to 0.48 on July 23, a clear bullish tilt in options.
Rigetti Put-Call Ratio: BarchartHowever, its Chaikin Money Flow also stayed negative near -0.24, so the outflows contradict the optimism on the screen.
Rigetti Chaikin Money Flow: TradingViewThis pattern again shows that the institutional investors aren’t currently banking on the quantum stocks.
D-Wave Quantum (NYSE: QBTS)The company stock has fallen 26% this month to $17.10, yet it already makes money from paying customers.
D-Wave Monthly Price Performance: Google FinanceThe company reported revenue from more than 100 customers in the first quarter, most of them businesses, with new orders up about 2,000% to $33.4 million even as revenue fell 81% to $2.9 million. Its machines are built for optimization problems like scheduling, not code-breaking. This shows that the current wave of interest around quantum stocks isn’t about breaking Bitcoin.
Here the push and pull is easiest to read. Ten analysts keep buy ratings up to $43 (no hold or sell), but Barchart’s own technical model flashes a 72% Strong Sell. Wedbush again appears on the list.
D-Wave Analyst Ratings: TipRanksD-Wave Technical Opinion: BarchartThat bearish call matches the flows. D-Wave’s Chaikin Money Flow sits negative near -0.24, and its put-call ratio eased only from 1.19 on July 17 to 0.76 on July 23, the weakest bullish shift of the three.
D-Wave Chaikin Money Flow: TradingViewSo its old buy ratings look the most stretched.
D-Wave Put-Call Ratio: BarchartPart of the bull case is that the science keeps advancing. Google Research said last week that it improved quantum error correction 3.5 times, a step toward quantum machines that work reliably.
Today we announce a new paradigm for quantum control. By integrating reinforcement learning with quantum error correction, we enabled a quantum computer to continuously adapt to drift, stabilizing the system during computation. This improved logical stability 3.5x. Learn more:… pic.twitter.com/R6u32w47tf
— Google Research (@GoogleResearch) July 22, 2026 Even so, the same doubt sits under all three names. Insiders have sold about $988 million of stock since 2021, with almost no buying, even as retail options turn bullish.
Quantum Computing Stocks IonQ, Rigetti, and D-Wave Are Sending Shockwaves Through Wall Street With This $988 Million Warning https://t.co/0QUlVL7Nf2
— The Right News, Right Now. (@BradPorcellato) July 22, 2026 So the buy ratings and bullish options pull one way, while selling by insiders and institutions pulls the other. Whether these quantum stocks keep their gains likely depends on real earnings arriving before that patience runs out.
Key Highlights Newmont delivered Q2 earnings per share of $2.10, surpassing analyst expectations of $1.99, though quarterly revenue of $6.1 billion fell below the $6.4 billion consensus. The company achieved a quarterly record with $2.2 billion in free cash flow, distributing $1.9 billion back to investors. Quarterly gold output reached 1.29 million ounces, affected by seismic activity at the Cadia operation in Australia during April. The all-in sustaining cost totaled $1,621 per ounce, tracking below the company’s full-year target of $1,680 per ounce. Shares declined approximately 1% in extended trading to $93.45, even as operational metrics remained solid. Newmont (NEM) exceeded Wall Street’s earnings projections for the second quarter of 2026 but came up short on revenue, pressuring shares in after-hours activity. The world’s leading gold producer recorded earnings per share of $2.10 compared to the Street’s $1.99 forecast, yet quarterly sales of $6.1 billion trailed the anticipated $6.4 billion.
In extended trading, NEM shares changed hands around $93.45 — representing a decline of roughly 1.34% — following a 1.08% drop during regular hours to close at $94.72.
Newmont Corporation, NEM
While revenue disappointed, Newmont achieved a second-quarter milestone with $2.2 billion in free cash flow generation. Through the first six months of 2026, the miner produced $5.3 billion in free cash flow, marking a significant jump from the $2.9 billion recorded during the comparable 2025 period.
During the quarter, shareholders received $1.9 billion through a combination of dividend payments and stock repurchases. This figure includes $1.7 billion deployed toward buybacks as part of the $6 billion authorization granted in April 2026. The company accelerated repurchases in July, executing over $600 million worth that month.
Over a two-year span since launching its buyback initiative, Newmont has reduced outstanding shares by more than 100 million — representing approximately 9% of the float.
The miner’s average realized gold price for the quarter stood at $4,414 per ounce, climbing from $3,320 during the year-ago quarter but retreating from Q1 2026’s $4,900 level. Year-over-year, realized prices jumped roughly 33%, while direct sales costs increased a modest 4%.
Australian Mine Disruption and Output Levels Quarterly gold production totaled 1.29 million ounces, slightly below the 1.3 million ounces from the prior quarter and down from 1.48 million ounces in the second quarter of 2025. The April seismic event at the company’s Cadia facility in Australia temporarily disrupted operations, though normal activity has since been restored.
Company executives reaffirmed their full-year production forecast of 5.3 million ounces. Approximately 49% of annual output was achieved in the first two quarters, leaving 51% projected for the latter half — with fourth-quarter production expected to be particularly strong.
The all-in sustaining cost registered at $1,621 per ounce, comfortably beneath the company’s $1,680 full-year projection. Adjusted EBITDA for the period reached $3.8 billion, while operational cash generation totaled $2.9 billion.
Energy Costs and Forward Outlook A notable challenge emerged from elevated oil prices: crude averaged approximately $100 per barrel during Q2, substantially above the $70 baseline incorporated into Newmont’s annual projections. Energy and fuel expenses represent 15% of direct operating expenditures.
The company’s 2026 guidance framework assumes gold trading at $4,500 per ounce. Each $100 fluctuation in the gold price translates to roughly $505 million in revenue and cost impacts.
Chief Financial Officer Brian Tabolt highlighted “significant operating leverage embedded in the portfolio” and indicated the existing capital allocation strategy could accommodate increasing the quarterly dividend to $0.27 per share — an increase from the current $0.26 — during the next annual assessment.
The Red Chris block cave development in British Columbia achieved important regulatory milestones during the quarter. Management anticipates a board decision on the project’s feasibility analysis near year-end 2026, though they noted capital requirements will likely exceed initial projections due to inflationary pressures.
The quarter concluded with Newmont holding net cash of $3.4 billion — surpassing its $1 billion strategic target — providing ample financial flexibility to maintain share repurchases throughout the remainder of the year.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Shiba Inu has seen over 3 million tokens burned in the last 24 hours, yet its burn progress remains slow.
The daily burn rate remains in the red and is down 15.80% while the weekly and monthly burn rates stay down by 28.12% and 37.44% respectively.
59.77 million SHIB worth $251 was burned in the last seven days, culminating in 286.85 million SHIB being burned in the last 30 days.
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The total SHIB burned from the percentage supply is still at 41.08%, which shows that there is consistent burning of tokens but not enough to make a dent in the SHIB supply just yet.
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A total of 410,840,447,753,352 SHIB have been burned in 21,266 transactions so far; contributing to this significant figure is Ethereum creator Vitalik Buterin's massive 410 trillion SHIB burn in May 2021.
SHIB stays quietShiba Inu continues to remain calm in the market as the price seeks a bullish catalyst to make a positive move. At the time of writing, SHIB was down 1.63% in the last 24 hours to $0.000004164 but up 0.82% weekly.
A shallow retreat across the majors as Bitcoin ranged near $65,000 has led to a decline across most crypto assets. On Thursday, jobless claims for the week ended July 18 came in at 187,000, below the 212,000 that economists polled by Dow Jones had expected.
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The declines barely dented the weekly picture, with most majors remaining green on the week. There was no single catalyst behind Friday's move, more a pause after the run-up than a reversal.
Eyeing a potential market recovery, the combined picture does not support a strong liquidity-expansion thesis. According to CryptoQuant, stablecoin purchasing power may be stabilising at the margin, but it has not returned at sufficient scale to provide a durable tailwind for the wider crypto market.
The near-term price implication is neutral to mildly constructive. Crypto prices could benefit if positive net flows persist, but a stronger upside signal would require exchange reserves to stabilise and minted supply to consistently exceed redemptions.
Shiba Inu, a leading meme coin based on the Ethereum network, registered a significant burn of more than 3 million tokens within the past 24 hours. However, the burn pace has remained sluggish, with the overall progress yet to yield a substantial impact on the circulating supply.
Burn Rate Trends Remain LowThe SHIB daily burn rate decreased by 15.80%. On a longer view, burn rates have also declined, with weekly figures down 28.12% and monthly figures showing a drop of 37.44%. This downward trend highlights a broader slowdown in the rate of SHIB token destruction, despite consistency in burning activity.
Over the past seven days, Shiba Inu holders collectively burned 59.77 million SHIB, translating to a value of around $251. Throughout the last 30 days, a total of 286.85 million SHIB tokens have been removed from circulation.
At present, the cumulative percentage of SHIB supply burned stands at 41.08%. This figure demonstrates ongoing efforts to reduce the available token pool, yet the scale remains insufficient to make a substantial reduction in the overall Shiba Inu supply.
Even with a total of 410,840,447,753,352 SHIB burnt across 21,266 transactions, including Ethereum creator Vitalik Buterin’s high-profile burn of 410 trillion SHIB in May 2021, experts believe the process is not moving fast enough to significantly reduce the token’s circulating supply.
Mini dictionary: Shiba Inu is a meme token based on the Ethereum blockchain, known for its extensive community and large circulating supply, often associated with themed burning mechanisms to decrease the number of tokens in circulation.
Market Sentiment and Price PerformanceShiba Inu’s price action has stayed relatively subdued, awaiting a clear catalyst for a potential uptrend. At the latest check, SHIB traded at $0.000004164, marking a 1.63% decline in the past 24 hours, but still showing a 0.82% gain for the week.
This pattern aligns with the broader cryptocurrency market, which saw a moderate pullback as flagship asset Bitcoin traded near $65,000. Most major crypto assets experienced minor declines during this period.
In macroeconomic news, US initial jobless claims for the week ended July 18 fell to 187,000, undercutting expectations set at 212,000 by analysts surveyed by Dow Jones. Despite this positive economic indicator, it had only a limited effect on the crypto market’s weekly trajectory.
PeriodSHIB BurnedValue (USD)24 hours3 million–7 days59.77 million$25130 days286.85 million–Total to date410.84 trillion–Liquidity and Market OutlookWeekly declines in major cryptocurrencies have barely changed the overall positive trajectory, with most assets still holding green for the week. There has been no single event triggering a major market reversal, with analysts observing more of a pause than a sharp correction.
CryptoQuant, a blockchain analytics firm, assessed the market’s liquidity situation and found stablecoin purchasing power to be stabilizing. However, these flows have not yet rebounded sufficiently to support a decisive uptrend in the broader crypto sector.
Looking ahead, the immediate price outlook appears neutral to mildly positive. Sustained positive net flows may benefit crypto prices, but a stronger rally would need to see exchange reserves holding steady and a persistent excess of new supply over redemptions.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Activity on Shibarium, Shiba Inu’s official Layer-2 blockchain, surged sharply over the past day, but SHIB’s price has yet to respond.
According to the latest data from Shibariumscan, Shibarium processed 1,180 daily transactions yesterday. This marks a notable recovery from 661 transactions recorded on July 21, the second-lowest daily transaction count for July.
As a result, daily transactions climbed 78.51% within just a few days, signaling renewed activity on the network after a period of sluggish usage.
Although the latest transaction count remains far below the millions of daily transactions Shibarium recorded during its peak periods, many market observers view the rebound as an encouraging sign.
The increase comes at a time when investors continue to search for a bullish catalyst capable of reversing SHIB’s prolonged price weakness. Even a modest improvement in network activity has sparked optimism that user engagement on Shibarium could gradually recover if the trend continues.
Shibarium Transaction Activity SHIB Price Fails to Respond to Network Improvement Despite the jump in Shibarium transactions, Shiba Inu has not benefited from the renewed activity on the blockchain.
The broader cryptocurrency market experienced another sharp sell-off yesterday, dragging down several major assets, including SHIB. The token fell from an intraday high of $0.000004243 to a low of $0.000004102 before recovering slightly.
At press time, SHIB is trading at $0.000004189. Even with the rebound, the token remains down 1.28% over the past 24 hours, 8.21% over the past week, and 0.34% month-to-date.
Ecosystem Challenges Continue to Weigh on Sentiment Meanwhile, the Shiba Inu ecosystem continues to face several challenges that have dampened investor confidence.
The ongoing bearish market has produced few positive developments for the project. Community members have also expressed concerns over the disappearance of several key team members from X, multiple ecosystem initiatives that remain unfinished, and persistently low SHIB burn activity.
Against this backdrop, Shibarium’s recent transaction rebound has fueled speculation that long-awaited positive catalysts could finally be emerging. However, the increase in network activity alone has not been enough to translate into higher SHIB prices.
Over 113B Shiba Inu Tokens Leave Exchange Despite the weak price performance, investors continue to move SHIB off centralized exchanges.
Notably, more than 113 billion SHIB tokens have recently been withdrawn from exchanges, reducing the total exchange reserve to approximately 86.13 trillion SHIB.
Large exchange outflows are often interpreted as a sign that investors are transferring tokens into private wallets for longer-term holding rather than preparing to sell. While this trend has yet to trigger a price recovery, it suggests that some market participants remain confident in SHIB’s longer-term prospects even as the token continues to trade under bearish pressure.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Shiba Inu is trading on a downside trajectory, showing a decent decrease in its price over the last 24 hours, but its exchange activity is printing a different signal.
Amid the ongoing downtrend facing the broad crypto market, onchain data from crypto analytics platform CryptoQuant suggests that Shiba Inu is still in demand.
Shiba Inu bulls take overPer the data, the Shiba Inu exchange netflow has declined by over 3% over the last day, sitting at -145,196,700,000 SHIB as of the time of writing.
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The negative balance in the Shiba Inu exchange flow projects a bullish outlook as it shows that the amount of SHIB tokens sent to exchanges for sell-off purposes is substantially lower than the amount of tokens moved out of exchanges to private wallets to hold.
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While this comes after multiple days of extreme caution, it appears that bulls are gradually dominating the Shiba Inu spot market and buy activity is increasingly outweighing the sell-off pressure facing the market.
Shiba Inu loses track of a positive JulyFollowing the recent market downturn, Shiba Inu is currently sitting at a 1.74% loss for its July return, sparking concerns among traders about whether the token will deliver the anticipated July gains.
Although Shiba Inu has dropped by 0.98% over the last day, trading at $0.000004130 as of the time of writing, its exchange activity suggests that it could be preparing for a bullish price reversal.
Hence, the asset could reclaim its path to a positive monthly close, positioning it for greater upside momentum as confidence returns to the market.
Shiba Inu, a popular meme-based cryptocurrency, is experiencing downward price pressure in July after losing momentum early in the month. The token recorded a decline of 0.98% over the last 24 hours, trading at $0.000004130 as of the latest available data.
Exchange netflow signals accumulationDespite the price drop, onchain analytics tell a more nuanced story. According to data from CryptoQuant, Shiba Inu’s exchange netflow decreased by more than 3% in the past day, resulting in a negative balance of -145,196,700,000 SHIB.
A negative exchange netflow generally indicates that more tokens are being withdrawn from exchanges than deposited. This is often interpreted as a bullish indicator, as it suggests that investors are moving assets to private wallets to hold rather than preparing to sell.
The shift comes after several days marked by caution among traders. Some analysts suggest that renewed accumulation hints at growing optimism, with buy activity on spot markets starting to overtake selling pressure.
Mini dictionary: CryptoQuant, a blockchain analytics platform, provides data-driven insights on cryptocurrency market trends, including real-time exchange flows, onchain metrics, and investor behavior.
Shiba Inu’s exchange netflow fell by more than 3% in the last 24 hours to -145,196,700,000 SHIB, signaling that accumulation is again outpacing sell-offs as more tokens move from exchanges to private wallets.
July performance remains negativeWhile exchange data may hint at potential bullish momentum ahead, Shiba Inu’s return for July currently stands at a loss of 1.74%. The subdued performance has raised doubts among some traders regarding the likelihood of positive monthly gains.
IndicatorCurrent ValueChangePrice$0.000004130-0.98% (24h)Exchange netflow-145,196,700,000 SHIB-3% (24h)July return-1.74%N/AMarket observers note that, should accumulation trends persist and selling ease further, Shiba Inu could reverse its recent losses and aim for a positive close to the month.
Outlook improves as sentiment shiftsThe overall sentiment in the market remains cautious, but increasing withdrawals from exchanges and early signs of buying pressure have fueled hopes that a trend reversal may be underway.
If confidence among buyers continues to build, Shiba Inu may attempt to recover lost ground and repeat previous gains seen in stronger market conditions.
The recent negative netflow hints that Shiba Inu is seeing renewed interest from holders, potentially setting the stage for a price rebound should market sentiment continue to improve.
As the month progresses, traders and investors will be watching for further onchain confirmation of this shift and for any signs that positive momentum can be sustained.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Not significant in quantity terms, but notable as a trend in itself, an on-chain maneuver has been recorded in the Shiba Inu market, as a large investor broke an eight-month silence to begin quietly and systematically buying SHIB tokens, data by Arkham confirms.
While most retail SHIB holders are realizing losses en masse due to the absence of explosive growth, this wallet is selectively taking advantage of the deep market discount by using the biggest liquidity pool for the token — Binance.
Strategic buyers target multi-year Shiba Inu coin lowsAccording to data from TradingView, by the end of July 2025, the SHIB price had compressed to multi-year lows near $0.000004142, effectively returning to the key support zones of late 2022 and completely losing the speculative momentum seen in early 2024.
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The wallet's behavior clearly reflects a strategy of absorbing the local bottom. In this context, the current status of the portfolio indicates that the address has accumulated more than 50.25 billion SHIB tokens, which make up the absolute majority of its holdings and are worth approximately $209,200.
Anonymous Shiba Inu coin buyer breaks 8-month silence on Binance, Source: ArkhamAt the same time, the nature of the transactions and the history of transfers from Binance hot wallets completely refute the hypothesis of an accidental purchase, confirming that the large player is systematically withdrawing SHIB into personal custody after a prolonged pause.
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The next direction for the coin now depends on whether its price can hold the current historical threshold of $0.0000041. For the accumulation to develop into a full-scale trend reversal, buyers need to form a dense order wall in the Binance order book and prevent a breakdown below this level, which could automatically trigger retail traders' stop-loss orders.
The main indicator of an imminent move will be a breakout from the current narrow volatility range. This would require large exchange volume to accompany the withdrawal of tokens to cold wallets, confirming a phase of full-scale accumulation and preparing the ground for Shiba Inu coin's first attempt in two years to challenge local price resistance.
A significant on-chain transaction has emerged in the Shiba Inu market, as a major investor reactivated their wallet to accumulate SHIB tokens for the first time in eight months, according to blockchain analytics firm Arkham.
Large investor activity draws attention amid market downturnWhile retail investors in Shiba Inu have largely been forced to realize losses due to the continued lack of substantial growth, data reveals a different approach from this particular wallet. Instead of selling, the account has been gradually increasing its SHIB position, taking advantage of discounted prices offered via the largest liquidity pool for SHIB on Binance.
Arkham data indicates the wallet strategically accumulated more than 50.25 billion SHIB tokens, valued at approximately $209,200, making SHIB the primary asset in its portfolio. The transactions mainly originated from Binance hot wallets and consistently moved tokens into the investor’s personal custody.
Arkham reported that the investor consistently withdrew SHIB from Binance, contradicting the notion of a random purchase and instead pointing to a deliberate and ongoing accumulation strategy.
The purchases follow a period of silence by the wallet stretching over eight months, highlighting a renewed appetite for SHIB at current levels. This turn comes at a time when Shiba Inu’s price dropped to multi-year lows, returning to support levels last seen in late 2022.
Mini dictionary: Arkham is a blockchain analytics company that provides real-time data on wallet activity, giving investors and researchers detailed information on large transactions and on-chain movements.
Market outlook: Shiba Inu at critical supportTradingView data shows that by the end of July 2025, Shiba Inu’s price had fallen to $0.000004142. This marked a retreat to the coin’s established support region from 2022 and the near erasure of momentum gained in early 2024.
With SHIB prices languishing at these historical support levels, further direction is expected to depend on whether large buyers can maintain a strong buy wall in Binance’s order book. A breakdown beneath the current support of $0.0000041 may trigger widespread stop-loss selling from retail traders, risking a deeper decline.
Analysts highlight that a decisive move may require a burst of trading volume on exchanges, combined with continued withdrawals of tokens to cold storage. Such actions would suggest robust accumulation and could create conditions for SHIB to attempt a breakout against local resistance—its first in two years.
MetricCurrent ValueLast SeenSHIB price$0.000004142End of July 2025Main support levelNear $0.0000041Late 2022Tokens accumulated by whale50.25 billion SHIBEight months after last purchaseToken value (approx.)$209,200July 2025If prices remain stable at current thresholds and accumulation continues, the Shiba Inu market may witness its most significant trend reversal attempt since 2022.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Gold has fallen about 23% since the U.S.-backed war with Iran began in late February because higher energy prices have kept the rate outlook pointed against the metal. Friday’s recovery does not change that larger picture. It shows what happens when crude stops making the inflation story worse for one session.
Diplomacy Gave Oil a Reason to Pull Back Pakistan’s foreign minister reportedly discussed a renewed effort to restart U.S.-Iran talks with Chinese officials last week. That does not mean a deal is close. Iran is still restricting Hormuz traffic, the Houthis have put Saudi Red Sea shipping under pressure and U.S. forces completed a thirteenth straight night of strikes on Iranian targets. Trump said Thursday he was close to deciding on a massive attack. The diplomats are talking about restarting talks while the military is still conducting strikes.
But the headline was enough to knock crude back after the weekly surge. Brent fell toward $96 and that took the immediate inflation pressure out of the bond market. The 2-year yield slipped to 4.311% and the 30-year backed off to 5.14%. Those are still elevated levels but gold needed the direction to change and Friday gave it that.
PMI Miss Helped the Bond Bid The S&P Global flash U.S. PMI came in at 53.8, below the 54.4 estimate. Still expansion but not the strong print the bond bears needed after Thursday’s surge in yields. That gave Treasury buyers another reason to step in Friday and the combination of softer data and lower crude pulled the 10-year further from Thursday’s high.
Tai Wong, an independent metals trader, said gold appears to be building a base around $3,950 despite the rise in yields. ING sees the recent strength as dip-buying and short-covering after the correction from record highs. That reads right for Friday. The sellers could not keep control once the oil trade backed off and buyers who have been waiting for a pause in the yield surge found their opening.
FOMC Next Week Is Still the Problem September hike odds are sitting near 80% and Friday’s pullback in crude did not move that number. The FOMC meets next week and Warsh has been skeptical of forward guidance since he took the chair. He dropped easing language from the June statement and did not submit a dot. A hold is the most likely outcome but the statement is what matters for gold and the Fed has crude near $100, a 10-year above 4.65% and the lowest jobless claims reading since 1969 sitting in front of it. That is not the backdrop for a dovish pivot.
Global investment in clean energy is expanding at an unprecedented scale. Driven by a combination of rapid technological advances, massive power demand, and heightened geopolitical concerns, capital flows into the sector are set to reach a milestone $2.2 trillion this year, according to the International Energy Agency’s (IEA) World Energy Investment 2026 report. This is nearly double the $1.2 trillion allocated to fossil fuels this year, with spending on clean energy — including renewables, battery storage, grids, nuclear, and electrification — expected to account for almost 65% of global energy investment.
This massive deployment of capital is propelled by three powerful, real-time demand drivers beyond long-term climate targets, which include the accelerating age of electricity, rapid buildout of AI infrastructure, and global geopolitical instability.
Electricity-related spending now represents nearly 60% of all global energy investment. Total investment in power supply and grid infrastructure is set to hit $1.6 trillion this year — climbing to $2 trillion when including end-use electrification like electric vehicles and heat pumps. Traditional growth drivers, including low levelized costs of energy (LCOE) for solar and wind, provide a strong, cost-effective base for this expansion.
Meanwhile, the rapid buildout of artificial intelligence (AI) infrastructure has introduced a powerful new source of power demand lately. Data centers running complex, large language models require vast amounts of continuous electricity. Tech giants have emerged as the single largest group of corporate clean energy buyers, securing roughly 40% of all global corporate Power Purchase Agreements (PPAs) signed last year. With data center power consumption projected to nearly double by 2030, renewables remain the primary solution for meeting this fast-growing load.
On the other hand, recent geopolitical instability in the Middle East has exposed the vulnerabilities of long-distance fossil fuel supply chains, elevating energy security to a top national policy priority. As a result, net energy importers are increasingly turning to domestic, widely distributed clean energy assets, such as solar, wind, nuclear, and localized storage, to insulate their economies from external supply shocks and price volatility.
Consequently, renewables are on track to officially become the world’s largest source of electricity generation in 2026, overtaking coal after reaching near parity in 2025 (as predicted by IEA), with renewable generation poised to expand its share of total global electricity generation from 33% in 2025 to 37% by 2027.
At this critical juncture, one must be mindful that this target of renewable generation will be achieved only in conjunction with equivalent, if not more, energy storage capacity. As solar and wind power generation depends on weather conditions, battery energy storage systems (BESS) have emerged as a critical enabler of grid reliability. By capturing excess generation and dispatching power during peak hours, storage turns variable power into a steady, 24/7 energy supply while preventing grid overloads and blackouts.
With rapidly falling battery costs making renewable-plus-storage setups economically superior to traditional fossil fuel peaker plants, the IEA estimates global investment in battery storage to surpass $100 billion this year alone — solidifying energy storage as the central engine supporting the global clean energy rollout.
You may consider adding core clean energy stocks like Bloom Energy (BE - Free Report) , GE Vernova (GEV - Free Report) and Vestas Wind Systems (VWDRY - Free Report) to your portfolio to reap the benefits of the booming renewable energy and energy storage space. Exposure to utilities such as Ameren (AEE - Free Report) may also offer a way to participate in the energy transition, as these companies continue to scale their renewable generation assets.
Ready to uncover more transformative thematic investment ideas? Explore 39 cutting-edge investment themes with Zacks Thematic Investing Screens and discover your next big opportunity.
4 Renewable Energy & Battery Storage Stocks to BuyBloom Energy specializes in on-site, non-combustion solid oxide fuel cell (SOFC) technology, providing 24/7, low-carbon electricity for data centers, microgrids, and industrial use. The company has deployed more than 1.5 gigawatt (GW) of low-carbon power across more than 1,200 installations globally.
On June 30, 2026, BE announced the expansion of its strategic partnership with Brookfield to finance power projects for AI infrastructure – from previously announced $5 billion to $25 billion – a fivefold expansion since October 2025. This reflects the solid foothold that Bloom Energy enjoys in delivering clean, reliable power to large AI projects.
The Zacks Consensus Estimate for this Zacks Rank #1 (Strong Buy) company’s 2026 sales implies year-over-year growth of 83.9%. The Zacks Consensus Estimate for BE’s 2026 earnings suggests a year-over-year improvement of 176.3%.
GE Vernova stands out as a global energy leader, offering a broad portfolio that spans onshore and offshore wind, grid and storage solutions, as well as next-generation power technology (ranging from hydro to nuclear).
With approximately 59,000 wind turbines and 7,000 gas turbines, GEV’s technology base helps generate approximately 25% of the world's electricity. During the second quarter of 2026, SunZia, the largest renewable energy infrastructure project in U.S. history, became operational, powered by GE Vernova's 3.8 MW-154m wind turbines at its onshore wind farm in New Mexico.
On June 30, 2026, GE Vernova announced the completion of the modernization of its high-voltage research and development (R&D) laboratory at its Noventa di Piave site, near Venice, Italy. This project is part of a broader four-year investment of approximately $7.2 million to strengthen the site’s role in developing technologies for more reliable, flexible and resilient power grids. The investment builds on GE Vernova’s continued investment across its Italian electrification footprint, including the expansion of its manufacturing capacity in Sesto San Giovanni, valued at more than $30 million.
These investments highlight GE Vernova’s active role in strengthening power grids — the essential backbone required to smoothly transmit clean energy.
The stock boasts a long-term (three-to-five years) earnings growth rate of 18%. The Zacks Consensus Estimate for this Zacks Rank #2 (Buy) company’s 2026 sales implies year-over-year growth of 18.8%. You can see the complete list of today’s Zacks #1 Rank stocks here.
Vestas Wind Systems is a renowned designer, manufacturer, installer, and service provider for wind turbines across the globe. In mid-December 2025, Vestas became the first company to reach 200 GW of installed wind turbines globally with the installation of a V172-7.2 MW turbine in Germany.
On July 22, 2026, the company announced that it received an order to deliver 43 MW of wind turbines to Germany, while at the end of June, it received five new orders totaling 309 MW from customers across nations like Poland and Japan. These orders are indicative of the strong demand that VWDRY’s wind turbines enjoy worldwide.
The Zacks Consensus Estimate for this Zacks Rank #2 stock’s 2026 sales implies year-over-year growth of 14.2%. The stock boasts a long-term earnings growth rate of 19.90%.
As a utility company that generates and distributes electricity and natural gas in Missouri and Illinois, Ameren has been rapidly accelerating the expansion of its renewable energy portfolio in recent years.
Its subsidiary, Ameren Missouri, aims to add 3,200 megawatts (MWs) of renewable generation by 2030 and an additional 1,500 MWs by 2035. It also plans on adding 1,000 MWs of battery storage by 2030 and an additional 800 MWs by 2042.
To further promote clean energy, AEE aims to add 1,500 MWs of nuclear generation by 2040 and retire all of Ameren Missouri’s coal-fired energy centers by 2042.
On June 26, 2026, Ameren Missouri filed a request with the Missouri Public Service Commission to recover the costs of electric system upgrades and construction of new power generation assets. This filing includes strengthening the grid and investing in smart technology through Ameren Missouri's Smart Energy Plan, a multi-year grid modernization framework specifically designed to accommodate and expand renewable energy sources.
These initiatives reflect this Zacks Rank #2 stock's long-term strategy of delivering safe, reliable, affordable, clean, and equitable energy to its customers. The Zacks Consensus Estimate for AEE’s 2026 sales implies year-over-year growth of 6.7%. The stock boasts a long-term earnings growth rate of 7.70%.
Key Takeaways NuScale's TVA program could deploy up to 6 gigawatts of nuclear capacity across multiple plants.Romania's six-module project offers SMR service revenue now and a larger equipment opportunity later.SMR ended first-quarter 2026 with $1 billion in liquidity, while revenues fell sharply year over year. NuScale Power Corporation (SMR - Free Report) sits at the center of rising interest in dependable, around-the-clock electricity. Its small modular reactor technology targets utility-scale power, industrial users and other customers with heavy electricity needs.
The opportunity is large, but still early. NuScale’s path depends on converting development programs into funded projects, customer commitments and executable construction plans.
NuScale’s TVA Program Could Redefine Its ScaleThe Tennessee Valley Authority and ENTRA1 Energy program is the biggest U.S. opportunity in NuScale’s pipeline. The plan covers up to 6 gigawatts of new nuclear capacity using NuScale Power Modules across multiple plants.
That scale matters because it could move NuScale from engineering and licensing work toward a broader commercial model. A finalized power-purchase agreement could lead to site-specific licensing, engineering services and a future equipment supply contract.
The program also could have effects beyond NuScale’s own revenue base. A large deployment schedule may encourage suppliers to expand capacity, support long-lead planning and make later projects easier to repeat.
Constellation Energy Corporation (CEG - Free Report) provides a useful industry reference point because investors are already focused on companies tied to reliable nuclear generation. Cameco Corporation (CCJ - Free Report) offers another point of comparison, as uranium and fuel-cycle readiness become more important to nuclear expansion.
SMR’s Romania Project Builds an International PathNuScale’s RoPower work in Romania gives the company a visible international development track. The planned plant in Doice??ti is expected to use six NuScale Power Modules at a former coal plant site.
The project is also important because it shows how NuScale can generate service revenue before reactor equipment is delivered. Earlier RoPower licensing and engineering work supported revenues in 2024 and 2025, even though the larger equipment opportunity remains tied to later milestones.
NuScale’s role is tied to reactor technology, design assistance and licensing support through Fluor’s work on the project. If financing is secured for the next phase, Romania could become a European reference point for future deployments.
Image Source: NuScale Power Corporation
NuScale’s Supply Chain Readiness Gains ImportanceNuScale is preparing for commercialization by focusing on fuel, manufacturing capacity and critical components. The company has expanded its supply chain partnership with Framatome across the United States and Europe to support fuel delivery.
Manufacturing readiness is also advancing through Doosan Enerbility, which has been producing key NuScale Power Module components. These steps matter because first-of-a-kind nuclear projects can be slowed by supplier bottlenecks and long-lead equipment needs.
NuScale ended the first quarter of 2026 with $1 billion in liquidity and capital resources. That balance-sheet position gives the company flexibility to support supplier commitments, design work and commercialization activities before larger project payments arrive.
SMR’s Nuclear Trend Still Faces Funding FrictionThe demand narrative around small modular reactors is favorable, but deployment remains the harder test. Large nuclear developments require financing, customer commitments, site-specific licensing and coordinated construction planning.
NuScale’s own results show the uneven path. First-quarter 2026 revenues fell to $565,000 from $13.4 million a year earlier, mainly because prior RoPower licensing and engineering activity did not recur.
Cash usage and dilution remain investor concerns. NuScale sold 3.2 million Class A shares through its at-the-market program in the first quarter of 2026, generating $37.9 million in gross proceeds after a larger equity raise in 2025.
NuScale’s Scores Temper the Emerging-Trend StoryNuScale’s long-term positioning in nuclear power remains notable, but the stock’s near-term profile is less favorable. The company is still working to turn development programs into recurring service revenues, equipment orders and future module deliveries. Reflecting these execution and commercialization challenges, NuScale shares are down 82.9% over the past year.
Image Source: Zacks Investment Research
SMR currently carries a Zacks Rank #4 (Sell). That rank warns that participation in a promising industry theme does not, by itself, make the stock attractive for the next one to three months.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Style Scores send a mixed message. SMR has a Momentum Score of B, but its Value Score of F, Growth Score of F and VGM Score of F point to weaker characteristics across valuation, growth and the combined style framework.
For investors, the distinction is important. NuScale may benefit from the broader push for reliable nuclear power, but present financial quality, project timing and estimate trends still argue for caution.
Key Takeaways NuScale remains milestone-driven despite an 81.9% one-year decline and lower valuation.Revenue is forecast to surge in 2027, largely on TVA-ENTRA1 progress and RoPower financing.More than $1.2 billion in liquidity and no debt help offset losses, cash burn and dilution risk. NuScale Power Corporation (SMR - Free Report) has absorbed a sharp valuation reset, with shares down 30.4% in the past three months and 82.9% over the past year. That decline has made the stock cheaper than its highs, but not necessarily inexpensive.
Image Source: Zacks Investment Research
The investment case now rests on a narrow balance. NuScale has regulatory approval, a debt-free balance sheet and visible project opportunities. It also has minimal current revenue, persistent losses and project timing that remains hard to pin down.
SMR’s Valuation Still Demands Commercial ProofSMR still trades at 26.83 times forward 12-month sales. That is well above 4.38 times for the Zacks sub-industry, 6.66 times for the sector and 4.97 times for the S&P 500.
That premium depends less on current operations than on future contract wins. First-quarter revenue was just $565,000, down from $13.4 million a year earlier, after earlier Romanian project activity did not recur.
Oklo Inc. (OKLO - Free Report) , another advanced nuclear company, gives investors a similar framework for judging long-horizon nuclear commercialization stories. For SMR, the key question is whether approved technology can become contracted revenue quickly enough to justify a still-rich sales multiple.
NuScale’s Revenue Outlook Hinges on Project TimingThe Zacks Consensus Estimate projects NuScale’s revenues to rise from $35.9 million in 2026 to $183.2 million in 2027. That forecast implies a major pickup from the current base.
Image Source: Zacks Investment Research
The increase depends heavily on the TVA-ENTRA1 program, which covers up to 6 gigawatts of nuclear capacity using NuScale modules. A power-purchase agreement could unlock site-specific licensing, engineering work and a future equipment supply contract.
Romania also matters. The RoPower project can enter its next development stage once financing is arranged. Earlier RoPower work generated service revenue in 2024 and 2025, showing how NuScale can earn before module deliveries begin.
SMR’s Balance Sheet Offsets Near-Term Cash BurnNuScale ended the first quarter of 2026 with about $1 billion in liquidity and no debt. Liquidity later increased to more than $1.2 billion by early May, giving the company time to fund design work, licensing and supplier readiness.
The cash cushion reduces immediate financing pressure, but it does not remove cash-burn risk. Research and development expenses rose to $12.8 million in the first quarter, while the operating loss widened to $57.5 million.
BWX Technologies Inc. (BWXT - Free Report) , a nuclear manufacturing and engineering company, represents a more established corner of the nuclear supply chain. That contrast highlights SMR’s challenge: investors are funding preparation before meaningful equipment revenue has arrived.
NuScale’s Catalysts Compete With Execution RiskThe clearest upside catalyst is a TVA power-purchase agreement through ENTRA1. Such a step could move the U.S. opportunity from planning toward revenue-producing development work.
Financing for RoPower’s next phase would add an international catalyst. Additional module orders, broader supplier commitments and manufacturing progress with critical components could also improve investor confidence.
The risks remain linked to sequencing. Customers need financing, regulators must approve site-specific work, suppliers must be ready and manufacturing has to scale. NuScale also raised $37.9 million through share sales in the first quarter, following a $475.2 million raise in the third quarter of 2025, keeping dilution risk in view.
SMR’s Sell Signal Clashes With Momentum StrengthThe bottom line is that SMR remains a milestone-driven stock after its steep decline. The valuation has reset, but the business still needs commercial proof through contracts, financing and revenue conversion.
SMR currently carries a Zacks Rank #4 (Sell). That rank supports caution over the next one to three months, especially with current revenues low and losses still meaningful.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Style Scores are mixed. SMR has a Momentum Score of B, which suggests relative price and estimate momentum is the one favorable style factor. Yet its Value Score of F, Growth Score of F and VGM Score of F indicate weak scores across valuation, growth and the blended framework. For investors, the risk-reward profile remains tied more to future commercial milestones than established fundamentals.
Key Takeaways SMR enters commercialization with approved reactor designs, a supply chain and about $1 billion in liquidity.The TVA-ENTRA1 plan could add up to 6 GW, but revenue hinges on a finalized power-purchase agreement.Funding delays and equity sales could defer module revenue and increase shareholder dilution. NuScale Power Corporation (SMR - Free Report) is entering a pivotal commercialization phase with regulatory approvals, an established supply chain and sizable liquidity already in place.
The next test is harder. NuScale must convert development programs into binding contracts, recurring service revenue and equipment sales before its long-term nuclear opportunity can support a larger revenue base.
NuScale’s Regulatory Lead Shapes the Bull CaseNuScale’s strongest advantage is regulatory. Its 50-megawatt and 77-megawatt reactor designs have received U.S. regulatory approval, giving potential customers an approved design path for plant applications.
The technology is based on familiar light-water reactors and commercially available low-enriched uranium fuel. Its safety case also supports an emergency planning zone largely limited to the plant site, which may improve siting flexibility for utilities, data centers and industrial users.
That positioning matters in a competitive nuclear market. BWX Technologies (BWXT - Free Report) offers investors a nuclear-components reference point, while Oklo Inc. (OKLO - Free Report) represents another advanced-reactor developer. NuScale’s appeal rests on having already cleared important U.S. design hurdles.
SMR’s TVA Path Could Transform RevenueThe proposed Tennessee Valley Authority and ENTRA1 Energy program is NuScale’s most visible U.S. commercial opportunity. The plan covers up to 6 gigawatts of capacity using NuScale modules across multiple plants.
Image Source: NuScale Power Corporation
A finalized power-purchase agreement could move the program into site-specific licensing and engineering work. Over time, it could also support an equipment supply contract, creating a bridge from limited current revenue to larger commercial activity.
NuScale reported first-quarter revenues of $565,000, down from $13.4 million a year earlier as prior RoPower licensing and engineering activity did not recur. That makes the timing of new service work important before larger module-related payments begin.
NuScale’s Liquidity Buys Time for ExecutionNuScale ended the first quarter with about $1 billion in liquidity and capital resources, including cash, short-term investments and long-term investments. It also had no debt, giving the company room to prepare for deployment without relying heavily on borrowing.
Image Source: NuScale Power Corporation
That capital cushion can support supplier commitments, design work, licensing activity and long-lead materials. These investments are necessary because nuclear projects require work well before major customer payments arrive.
Liquidity does not remove execution risk. It does, however, give NuScale more time to align suppliers, prepare manufacturing and support customers as projects move through financing and approval stages.
SMR’s Funding and Dilution Risks Stay ElevatedThe central obstacle remains project funding. NuScale depends on customers and partners securing financing before construction, equipment orders and long-term commercial agreements can move ahead.
Delays could postpone service revenue and module sales while NuScale continues spending on commercialization. Research and development expenses rose in the first quarter as the company worked to advance technology readiness and design maturity.
Shareholder dilution is another concern. NuScale sold 3.2 million Class A shares through its at-the-market program in the first quarter, generating $37.9 million in gross proceeds, after a larger equity raise in 2025.
SMR’s Signals Reflect a Mixed Near-Term SetupThe bottom line is that NuScale has a credible long-term commercialization case, but the near-term setup remains mixed. Its regulatory lead and liquidity are meaningful advantages, while revenue visibility still depends on contract conversion and project sequencing.
SMR currently carries a Zacks Rank #4 (Sell). That rank points to a cautious near-term earnings revision backdrop, even though the company’s commercial pipeline could become more important over a longer horizon.
You can see the complete list of today’s Zacks #1 Rank stocks here.
The stock’s Momentum Score of B indicates comparatively better price-related characteristics. However, the Value Score of F, Growth Score of F and VGM Score of F are less favorable, reinforcing a cautious view until NuScale shows clearer progress in turning approvals and development programs into recurring revenues and equipment sales.
Aggregate cash and cash equivalents and short-term investments were $690.7 million.
Company Raises Capital But Says More Funding Will Be NeededDuring the second quarter of 2026, the company raised $230.8 million in gross proceeds through its ATM facility. Subsequent to June 2026, the company raised an additional $68.4 million in gross proceeds through its ATM facility.
In its SEC quarterly filing, the cancer drug developer reported that it has an accumulated deficit of $2,699.3 million, and expects to continue to generate operating losses for the foreseeable future.
Cash and cash equivalents and short-term investments are not sufficient to fund the company’s planned operations for a period of at least one year.
Going Concern Warning Highlights Future Cash RequirementsSummit said it continues to evaluate options to finance operating cash needs for product candidates further.
The company said that if it is unable to obtain funding when required in the future, it could be required to delay or reduce research and development programs, product portfolio expansion, or future commercialization efforts.
These conditions raise substantial doubt about the ability to continue as a going concern.
Ridinilazole Sale Adds Potential PaymentsEarlier in July, Summit Therapeutics agreed to sell ridinilazole, an investigational Phase 3 precision antibiotic, to Toronto-based Biossil, Inc.
Summit will receive $500,000 upfront and up to $104.5 million in regulatory and commercial milestones, plus tiered royalties on net sales.
SMMT Price Action: Summit Therapeutics shares were down 6.78% at $13.96 at the time of publication on Friday, according to Benzinga Pro data.
Photo by Piotr Swat via Shutterstock
Market News and Data brought to you by Benzinga APIs
The Pound Sterling advances by some 0.20% on Friday as Oil prices tumble, weighing on the US Dollar, while the US-Iran conflict signals a further escalation, which market participants ignored. Despite registering daily gains, the GBP/USD is poised to finish the week with losses of nearly 0.70%. Read More...
British Pound retreats from 1.3340 as bright UK data fails to offset risk aversionThe British Pound (GBP) remains depressed near three-week lows against the US Dollar (USD) on Friday, with upside attempts capped below 1.3340, and on track for a 1% weekly decline. The upbeat UK Preliminary S&P Global Purchasing Managers Index (PMI) and Retail Sales reports failed to lift the Pound, heavily weighed by risk-averse markets and increasing fiscal concerns in the UK. Read More...
British Pound rebounds above 1.3300 ahead of UK Retail Sales dataThe GBP/USD pair recovers some lost ground to near 1.3325, snapping the five-day losing streak during the Asian trading hours on Friday. However, the potential upside might be limited amid heightened military tensions in the Middle East. Traders brace for the release of the UK Retail Sales data, which will be published later on Friday. Read More...
Shares of the software company Figma (FIG +4.20%) tumbled 16.5% this week, according to data provided by S&P Global Market Intelligence, as investors continue to worry that artificial intelligence companies will disrupt software stocks.
Figma reports its second-quarter results early next month, and investors don't appear eager to wait around and find out how the company is navigating the increasingly complex AI software space.
Image source: Getty Images.
No room for error It's not uncommon for some shareholders to sell ahead of an earnings report if they're concerned about an unusually poor quarter or the overall direction of the company.
In Figma's case, the company's shares are trading at a premium compared to the broader tech sector, leaving little room for error in the quarterly results. Figma stock has a forward price-to-earnings (P/E) ratio of 158, which is quite a premium when shareholders are already worried that AI could replace some of the company's services.
There's no question that AI is becoming more capable, with news surfacing this week that an unreleased OpenAI ChatGPT model went rogue during a cybersecurity test and hacked another website to try to find answers to the test. Even though Figma isn't a cybersecurity company, the incident underscores that AI models are far more sophisticated than many software companies' services.
Figma is showing signs of life, however, even if its falling stock price doesn't reflect that. First-quarter revenue rose 46% from the year-ago quarter to $333.4 million, net dollar retention was 139%, and Figma management raised the company's full-year guidance to more than $1.4 billion -- a 35% increase year-over-year.
Still, it clearly hasn't been enough to ease investors' concerns. Anthropic launched Claude Design at the end of April, and it directly competes with Figma's platform. The sell-off this week shows that shareholders aren't yet confident that Figma can outlast its AI rivals.
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More insight is coming If you're trying to decide whether to buy shares of Figma right now, it's probably best to wait until after the company's second-quarter results are released on Aug. 5.
Personally, I'd probably wait a few quarters before considering buying shares, to see how well the company adapts to its new competition and if it can continue retaining customers -- and adding new ones -- amid the rollout of Anthropic's Claude Design.
At this point, Figma will have to report some very impressive results to ease investor fears.
IREN (NASDAQ:IREN) and Nebius Group (NASDAQ:NBIS | NBIS Price Prediction) just posted quarters that expose two very different neocloud playbooks. IREN is pivoting from Bitcoin mining into GPU hosting for NVIDIA and Microsoft. Nebius is scaling a born-cloud, full-stack AI platform with Meta as its anchor. Both are backed by NVIDIA equity, both are racing for gigawatts, and both want your capital for the same buildout wave.
GPU Hosting Carries IREN. Full Stack Carries Nebius. IREN’s Q3 FY26 revenue came in at $144.80M, with AI Cloud Services at $33.6M after nearly doubling sequentially, while Bitcoin mining contributed $111.2M. The $247.80M net loss includes $140.4M in non-cash impairments as mining rigs are decommissioned. The forward book tells the real story: a 5-year $3.4B NVIDIA AI Cloud contract, a prior $9.7B Microsoft deal, and $3.1B of contracted ARR. CEO Daniel Roberts said “There are no idle GPUs”, and the Childress and Sweetwater sites are being wired for GB300 NVL72 and Vera Rubin racks.
Nebius took the opposite path. Q2 FY26 revenue hit $399.00M, up 279.6% YoY, with AI Cloud alone at $389.7M (+841%). Adjusted EBITDA turned positive at $129.5M, cost of revenue dropped to 26% of sales, and remaining performance obligations sit at $33.59B. The Meta agreement ($12B committed plus up to $15B flexible) anchors the business.
Physical Staying Power Vs. Software Margin Expansion Lens IREN Nebius Core Bet Owned power and land, GPU hosting Full-stack Aether platform, inference Power Portfolio 5 GW globally secured >4 GW contracted target 2026 2026 ARR Target $3.7B $7B to $9B Cash $2.6B $9.3B Key Vulnerability Mining impairments, execution $10.04B convertible debt, Meta concentration IREN owns the dirt: long-term physical staying power from Childress, Sweetwater, the Spanish Nostrum acquisition, and Australian assets. Nebius owns the stack: Aether 3.5, Token Factory, and the Tavily and Eigen AI Labs acquisitions push it toward software margin expansion. Volozh called the platform “world-class from the infrastructure layer all the way up to our inference and agentic capabilities.”
What Decides This Through 2026 Watch whether IREN can absorb the Microsoft Horizon 1 handoff and light up 150,000 GPUs without another impairment surprise. Watch Nebius for adjusted EBITDA margin drift toward the ~40% 2026 target, because the operating loss of $128M shows the model still burns cash at scale. Reddit chatter reflects the split: IREN sits in very_bearish territory as traders debate the pivot, while NBIS threads have leaned Very Bullish.
Nebius Screens Defensible Today, IREN for the Patient On the data, Nebius screens more defensible near-term. The 163.99% YTD move prices in a lot, but positive EBITDA and a $33.59B RPO backlog anchor the underwriting case. IREN screens as a longer-duration turnaround setup with messier quarters. The 113.69% one-year gain reflects real hyperscaler validation, and the owned power base is hard to replicate. The key research variable for both: whether 2027 capex outpaces contracted revenue.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Nebius Group didn't make the cut. Grab the names FREE today.
Easy come, easy go. At one point yesterday, Sandisk (SNDK -6.11%) stock was up 6% -- before giving back almost all its gains at the close. Today, Sandisk continues to slide lower, with losses hitting 6.5% as of 11:25 a.m. ET.
And yet, the news for Sandisk today is actually pretty good.
Image source: Getty Images.
Citi says "buy chip stocks" Citigroup this morning called the recent broad-based sell-off in semiconductor stocks a buying opportunity for investors. High demand for AI chips and memory chips at AI data centers is driving chip sales, says Citi, accounting for about 34% of total chip sales, and Citi sees demand continuing to outrun supply through 2030.
Automotive and industrial chip demand accounts for 21% of the market and is also growing. Really, the only place chip sales are sagging is in PCs, mobile phones, and consumer electronics. That's 42% of the market -- a big chunk -- but sales are only weak because memory costs so much, and there's not enough supply!
All things considered, this is bullish for Sandisk, which supplies the memory and reaps the high prices.
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Intel sales soar On top of this positive commentary, Intel (INTC -4.64%) just reported a big earnings beat -- pro forma profits of $0.42 per share were twice what Wall Street expected. Sales grew 25% to $16.1 billion, Intel's fastest revenue growth in nearly 15 years, and were also more than analysts forecast.
Intel CEO Lip-Bu Tan says "AI is driving unprecedented demand for compute," with notable growth in sales of Intel Xeon processors for inference solutions (i.e., answering questions). That's a segment of the artificial intelligence market known to require especially large amounts of memory chips to function.
These are all reasons to buy Sandisk stock -- not sell it.
Citigroup is an advertising partner of Motley Fool Money. Rich Smith has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Intel. The Motley Fool has a disclosure policy.
For the quarter ended June 2026, Flagstar Bank (FLG - Free Report) reported revenue of $516 million, up 4% over the same period last year. EPS came in at $0.05, compared to -$0.14 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $544.89 million, representing a surprise of -5.3%. The company delivered an EPS surprise of -16.67%, with the consensus EPS estimate being $0.06.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Flagstar Bank performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Book value per common share (GAAP): $18.31 versus $18.21 estimated by five analysts on average.Net Interest Margin: 2.1% versus 2.3% estimated by five analysts on average.Efficiency Ratio: 87.1% versus the four-analyst average estimate of 81.1%.Net charge-offs to average loans: 0.7% versus the four-analyst average estimate of 0.3%.Average Balances - Interest earning assets: $83.05 billion versus the four-analyst average estimate of $83.26 billion.Total Non-performing loans: $2.8 billion versus the two-analyst average estimate of $2.44 billion.Total risk-based capital ratio: 16.6% versus the two-analyst average estimate of 16.5%.Tier 1 risk-based capital ratio: 14% versus the two-analyst average estimate of 13.9%.Total Nonperforming Assets: $2.81 billion versus $2.45 billion estimated by two analysts on average.Leverage Capital Ratio: 9.7% compared to the 9.6% average estimate based on two analysts.Net Interest Income: $440 million compared to the $471.21 million average estimate based on five analysts.Total non-interest income (loss): $76 million compared to the $75.17 million average estimate based on five analysts.View all Key Company Metrics for Flagstar Bank here>>>
Shares of Flagstar Bank have returned -2.9% over the past month versus the Zacks S&P 500 composite's +0.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
LOS ANGELES, July 24, 2026 (GLOBE NEWSWIRE) -- The Schall Law Firm , a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Futu Holdings Limited (“Futu” or “the Company”) (NASDAQ: FUTU) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between May 24, 2023 and May 27, 2026, inclusive (the “Class Period”), are encouraged to contact the firm before August 25, 2026.
