Dual filings target the world's two biggest regulated markets@injective is pursuing regulatory standing on both sides of the Atlantic at once. The layer-1 blockchain has filed SEC Form TA-1 to register as a transfer agent in the United States and separately published a MiCA whitepaper for $INJ, which now appears on @ESMAComms's interim register, opening a compliant path to offer the token across the European Union.
Injective submitted Form TA-1 to the US Securities and Exchange Commission to register as a transfer agent. The filing was announced on July 16 at the Injective Summit in Washington, D.C. A transfer agent maintains official ownership records for securities and updates those records whenever transactions occur, determining shareholder rights including dividend payments, voting privileges, and ownership verification. Injective said this function currently depends on traditional intermediaries operating offchain, but the proposed model would move ownership records directly onto blockchain infrastructure while preserving regulatory compliance.
If approved, the registration would let Injective issue and maintain authoritative ownership ledgers for tokenized securities and real-world assets directly onchain. The announcement coincided with the unveiling of Injective Mint, a new institutional platform designed to simplify the issuance and management of tokenized real-world assets. It is worth noting that no public SEC filing was independently located at publication time, leaving the registration claim unverified.
MiCA whitepaper puts INJ on Europe's regulated registerINJ now has a MiCA whitepaper published by ESMA in its Interim MiCA Register, creating a regulated reference pathway for institutional-grade access across Europe. Proper disclosures are essential for safeguarding investors by allowing them to make informed decisions about a given crypto-asset, and under MiCA, these disclosures take the form of a whitepaper. Tokens that lack MiCA-compliant documentation and ESMA registration are not eligible for trading on regulated platforms.
Both moves are filings, not approvals. The SEC transfer agent application still requires regulatory sign-off, and a MiCA whitepaper notification does not constitute an endorsement of the asset. Unlike securities prospectuses, crypto-asset whitepapers under MiCA do not require prior approval by ESMA or national competent authorities. Still, the combination places Injective on a regulated footing in two of the world's most significant financial markets at the same time, a position few blockchain protocols have pursued in parallel. The moves are intended to permit the platform to expand its real-world asset offerings while promoting $INJ through compliant infrastructure.
Sources
Crypto Briefing: Injective files for SEC transfer agent registration
ESMA: Markets in Crypto-Assets Regulation (MiCA) interim register
Crypto Times: Injective Files SEC Registration to Bring Securities Ownership Onchain
As market volatility and shifting economic conditions test investor resolve, high-quality dividend payers remain a cornerstone for long-term growth and income.
Josh Brown – the chief executive of Ritholtz Wealth Management – recently highlighted a trio of industry-leading insurance firms as top dividend stocks to own in 2026: The Travelers Companies, Chubb, and Aflac.
Known for their disciplined underwriting, resilient balance sheets, and decades-long track records of steadily growing payouts, these powerhouse names offer defensive stability paired with reliable income generation.
Here is a closer look at why these three insurance giants stand out in Brown’s vision for a winning dividend strategy.
Travelers has recently validated the bullish thesis with blockbuster Q2 earnings – delivering core EPS of $10.04, nearly double the consensus estimate set at $5.39.
A 14% year-on-year pop in investment income and reduced catastrophe losses resulted in a nearly 46% increase in the company’s quarterly net income to $2.2 billion.
Beyond rate dynamics, efficiency gains from its proprietary artificial intelligence (AI) underwriting platform, “Travis,” expanded underlying insurance margins.
Brown also recommends owning TRV stock because it is approaching “dividend aristocrat” status, with 22 consecutive years of payout increases.
He sees the post-earnings pop as proof of a self-funding growth engine, recommending long positions with raised stop-loss levels at $325.
Note that Travelers has also retired some 70% of its outstanding shares since 2006 – which makes it even more attractive to own in the back half of 2026.
As the largest US commercial insurer, Chubb leverages immense global scale across 54 countries to write profitable premium volume.
In Q1, the company’s operating earnings soared 85% on a year-over-year basis to $6.82 per share, while net income has nearly doubled from $5.3 billion in FY22 to $10.3 billion in FY25.
Crucially, the NYSE-listed firm’s $173 billion investment portfolio generates accelerating returns as maturing fixed-income assets are redeployed at higher interest rates.
Backed by 33 consecutive years of dividend hikes and a $4.08 annual dividend payout, CB shares show strong structural momentum.
Josh Brown also highlighted a rapid bullish gap-reversal pattern on the chart – noting that holding technical support above the $320 range positions the carrier for a breakout.
Aflac stock delivers defensive cash flow through its dominant supplemental health presence in the US and Japan, with Q1 sales coming in up 25.5% alongside margins expanding to 35%.
Generating up to $3 billion in annual free cash flow, the company consistently directs capital into share repurchases and cash payouts.
AFL has raised dividend payments for 43 straight years – the longest streak among Brown’s picks. At the time of writing, it yields nearly 2% and is hovering around an all-time high of $125.
Brown characterized Aflac’s chart as a clean, rising uptrend, pointing to solid technical support at its 50-day moving average ($117) and key trendline floor at $110 for long-term positioning.
That said, Wall Street currently rates AFL at Hold only, with the mean price target of roughly $116 indicating potential “downside” from current levels.
Zions Bancorporation, National Association (ZION) Q2 2026 Earnings Call July 20, 2026 5:30 PM EDT
Company Participants
Dave Riches
Harris Simmons - Chairman & CEO
R. Richards - Executive VP & CFO
Scott McLean - President, COO & Director
Derek Steward - Executive VP & Chief Credit Officer
Conference Call Participants
John Pancari - Evercore ISI Institutional Equities, Research Division
David Smith - Truist Securities, Inc., Research Division
Manan Gosalia - Morgan Stanley, Research Division
Bernard Von Gizycki - Deutsche Bank AG, Research Division
Benjamin Gerlinger - Citigroup Inc., Research Division
David Chiaverini - Jefferies LLC, Research Division
Christopher McGratty - Keefe, Bruyette, & Woods, Inc., Research Division
Kenneth Usdin - Bernstein Autonomous LLP
Peter Winter - D.A. Davidson & Co., Research Division
David Rochester - Cantor Fitzgerald & Co., Research Division
Anthony Elian - JPMorgan Chase & Co, Research Division
Sun Young Lee - TD Cowen, Research Division
Christopher Spahr - Wells Fargo Securities, LLC, Research Division
Jon Arfstrom - RBC Capital Markets, Research Division
Presentation
Operator
Greetings, and welcome to the Zions Bancorp Second Quarter Earnings Conference Call. [Operator Instructions] Please note that this conference is being recorded. I'll now turn the call over to Dave Riches. Thank you, Dave. You may begin.
Dave Riches
Thank you, Julian, and good evening, everyone. Welcome to our conference call to discuss Zions Bank Corporation's Second Quarter 2026 results. My name is Dave Riches, Interim Director of Investor Relations. Before we begin, I would like to remind you that during this call, we will be making forward-looking statements. Actual results may differ materially. We encourage you to review the forward-looking statements and non-GAAP disclosures in our press release and on Slide 2 of today's presentation, which apply equally to statements made during this call.
A copy of the earnings release and the presentation are available at zionsbancorporation.com. For our agenda today, Chairman and Chief Executive Officer, Harris Simmons, will
Listen to the audio version of this article (generated by AI).
Editor’s Note: Technology has a way of making the invisible visible.
That’s true in medicine and science. And increasingly, it’s true in investing.
As computing power improves, researchers can analyze data in ways that simply weren’t possible a decade ago. Investors can, too.
That’s the backdrop for today’s article from TradeSmith’s Keith Kaplan. Keith explains how his team uses modern computing to analyze decades of market history, searching for recurring opportunities that would be nearly impossible to spot by eye – and why one of those opportunities has his attention today.
He shared the full framework during his Breakthrough 2026 event. Watch the free replay here. Then read on to see how that research translates into actionable investment ideas.
How often do you see a photo that makes you question everything you thought you knew?
That’s how Nobel Prize-winning biologist James Watson described seeing “Photograph 51” for the first time, in January 1953.
It was a strange, blurry image taken by British chemist Rosalind Franklin with a technique called X-ray crystallography.
It captured a crucial pattern in our DNA that no one had detected before. The DNA strands twisted and crossed into what we now know as the double helix.
Source: King's College London
Watson didn’t discover DNA – that happened back in 1869. But 80 years went by before Franklin’s X-ray image revealed the hidden pattern that had been there all along.
From Photograph 51 to Hidden Market Patterns Something similar is true of the stock market. On the surface it can seem random, but there are also hidden patterns to how stocks move. You just have to have the right technology to spot them.
And like the DNA double helix, you can’t do it with the naked eye. You need an X-ray view.
That’s what TradeSmith’s Seasonality software is designed to do. We ran thousands of stocks through the same test, going back 33 years of market history. And we found reliable windows when they tended to rise and fall.
These patterns have held up through bull and bear markets, manias and panics, wars, and pandemics.
Based on these signals, we created a rapid-fire trading strategy to pinpoint bullish seasonality windows on 5,000 stocks – to the day. In our backtests, the system got the direction right 83% of the time – meaning the stock finished the window higher, not lower.
What the 18-Year Backtest Showed The returns beat the broad market, too. In an 18-year backtest, a model portfolio of these seasonal trades returned 857%, versus 412% for the S&P 500.
That doesn’t mean the system will deliver those exact returns when you run it live. But it’s an edge worth paying attention to.
On Thursday, more than 16,000 viewers joined me for my Breakthrough 2026 event to see how this X-ray view works.
I walked them through how one of the most important bullish windows in the entire market closes next week – and how it closes right as the market’s biggest names report earnings. It’s the kind of moment where your timing matters more than stock picking.
Watch it here while it’s still online. Then read on for more on how this system works – and three seasonal setups for your radar right now.
How Stock Seasonality Finds Historically Strong Trading Windows Finding seasonal cycles in stocks on your own would be an enormous undertaking.
You’d have to pull up a one-year chart like this one for Google parent Alphabet (GOOGL).
Then line up one-year charts like this, one after the other, going back a decade or more…
…and keep track of how that stock behaved across thousands of trading windows.
Or you could just type GOOGL into TradeSmith’s Seasonality software. It averages as many years as you want and gives you one simple seasonality trend line.
Best of all, it highlights “green days” when the stock has gone up 80% of the time or more. Plus “red days,” when it’s fallen more than 80% of the time.
You can do this for pretty much any stock you want and map out high probability trade setups in advance. Not just the buy date, either – but the sell date, too.
Alphabet’s Strongest Seasonal Window Is Open In the past 15 years, GOOGL has had stretches of green days in January, May, July, and late October. But the best window is the one we’re in now:
Between June 29 and July 30, Google stock has gone up in 14 of the past 15 years with an average return of 8.7%. In 2025, the price action lined up almost perfectly, with GOOGL gaining 8.9% during that seasonally bullish window.
Two More Stock Seasonality Signals to Watch Take Deckers Outdoor (DECK), the maker of Ugg boots and Hoka running shoes. DECK’s next green zone is July 29 through Aug. 14. In that window, the average return was 3.5% over the past 15 years:
Then DECK has an especially strong bullish window starting Nov. 23. Buying that day returned an average 7% through Dec. 11.
Those are the optimal patterns to follow our seasonality strategy, trading individual stocks at their absolute best times of year.
Or take Applied Materials (AMAT), which builds machines that are used to make advanced computer chips.
It gained 10% during its first stretch of green days on our seasonality chart in January and February.
And in a seasonally bullish window in May, AMAT climbed 16.8%.
But don’t be surprised if that party ends by August. From July 30 to Aug. 31, AMAT has fallen 80% of the time, with an average loss of 2.9%:
No Signal, No Trade I’m sure you’ve noticed all the other times of year that don’t get these green or red windows. They’re times when there isn’t a statistically strong enough pattern to rely on. When the data doesn’t clear our bar, we leave it alone. No signal, no trade.
Using TradeSmith’s Seasonality tool, we’ve put this approach to the test across thousands of stocks, indexes, and even commodities and currencies.
And, as I mentioned up top, over an 18-year backtest following these seasonal trades delivered 857% in total returns – more than twice what the S&P 500 delivered over the same stretch.
The worst year in our test was 2007 – and even then, our strategy still turned a profit. It beat the S&P 500 by more than two to one that year.
The S&P 500’s Bullish Window Ends July 23 I dove into the details during my Breakthrough 2026 event.
I walked through the seasonal patterns coming up that you need to watch for… why they keep working even when markets get chaotic… and how to put them to work in your portfolio.
As you’ll see, getting your seasonal timing right could matter more to your wealth than any stock pick you make this year.
The next date to watch is July 23. That’s when one of the biggest green zones in the entire S&P 500 comes to an end.
Every prior year it’s closed, the market has turned choppy – and this time it closes right as Tesla, Amazon, Apple, and Microsoft report earnings. I don’t know which way the biggest names will break.
But I’d rather watch that window close with my eyes open than be blindsided by the market regime shift it could trigger.
The latest US tariffs on Canadian goods may be relatively modest in size, but the market reaction suggests investors are focusing on something bigger than the immediate trade impact. USD/CAD advanced after US President Donald Trump signed three proclamations imposing 50% tariffs on about $20 billion of Canadian exports, including alcohol, dairy products, motor vehicles, cement, hockey equipment and electrical machinery. The measures will take effect in roughly 30 days and, notably, apply regardless of compliance with the US-Mexico-Canada Agreement (USMCA, known as CUSMA in Canada), while exempting energy, potash, critical minerals and products already subject to Section 232 duties.
The significance lies less in the sectors affected than in what the latest move says about US trade policy. Since early 2025, Washington has repeatedly expanded tariffs on Canadian goods using different legal authorities rather than relying on the framework established by USMCA. Each new measure reinforces the perception that the agreement is providing less practical protection against unilateral trade actions. As a result, markets are increasingly treating US-Canada trade friction as a structural issue rather than a series of isolated disputes, adding another headwind to Canada’s economic outlook just as uncertainty surrounding the formal USMCA review continues to build.
Canada’s response has so far stopped short of matching Washington’s escalation. Prime Minister Mark Carney reiterated his preference for negotiations and emphasized strengthening Canada’s domestic economy, while Ontario Premier Doug Ford urged Ottawa to retaliate “tariff for tariff, dollar for dollar.” Whether the federal government adopts a more confrontational stance will likely determine how far trade tensions escalate. For now, the new tariffs represent another obstacle for the Canadian Dollar, particularly if investors begin pricing a more prolonged drag on growth.
Technically, USD/CAD is also sending a constructive signal for Dollar bulls. The rebound from 1.4002 followed successful tests of both 55 D EMA (now at 1.4002) and 1.3965 cluster support (38.2% retracement of 1.3480 to 1.4247 at 1.3954), suggesting the decline from 1.4247 was corrective rather than the start of a broader reversal. Firm break above 1.4115 minor resistance would strengthen the case that the broader uptrend from the 2026 low at 1.3480 is resuming, bringing another challenge of the 1.4247 high into view.
ActionForex
ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for two decades. We started providing only a daily and a mid-day report, now known as Action Insights. Gradually, we added a lot more in-house contents to the site. Technical Outlook section was expanded to cover more pairs. In addition to that, Top Movers, Heat Map, Pivot Point Charts and Pivot Meters, Action Bias and Volatility Charts, are tools used by traders from all over the world.
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.
James N. Wilson, a director at Corcept Therapeutics Incorporated (CORT +1.25%), sold 10,000 shares of the company on July 15, 2026, according to an SEC Form 4 filing.
Transaction summaryMetricValueTransaction value$883,000Shares sold10,000Post-transaction shares (indirectly held)1,484,543Post-transaction value$132.97 millionTransaction value based on SEC Form 4 weighted average sale price ($88.30); post-transaction value based on July 15, 2026 market close ($89.57).
Key questionsWhat was the structural mechanism behind this transaction?
The sale was executed pursuant to a Rule 10b5-1 trading plan adopted on March 12, 2026, which allows insiders to sell a predetermined number of shares at set times to avoid concerns about trading on non-public information.How is the insider's remaining equity distributed?
Wilson's remaining position of about 1.5 million shares is held through three indirect entities: the James N. Wilson and Pamela D. Wilson Trust (1,084,543 shares), the James N. Wilson 2025 Grantor Retained Annuity Trust (200,000 shares), and the Pamela D. Wilson 2025 Grantor Retained Annuity Trust (200,000 shares).What is the recent performance context for the stock?
At the time of the transaction on July 15, 2026, the company's shares had achieved a one-year return of about 25%, providing a backdrop of price appreciation for this routine liquidity event.Company OverviewMetricValueShare Price (as of market close 2026-07-16)$89.72Market Capitalization$9.6 billionRevenue (TTM)$769.1 millionNet Income (TTM)$47.3 millionCompany SnapshotCorcept Therapeutics is a specialty pharmaceutical company that discovers, develops, and commercializes treatments for serious metabolic, oncological, and neuropsychiatric disorders, with its flagship product Korlym (mifepristone) tablets generating substantial revenue from adult patients with endogenous Cushing's syndrome.The company operates a focused business model centered on the development and commercialization of targeted pharmaceutical therapies, generating revenue primarily through the sale of its approved medications to healthcare providers and patients in the United States.Corcept Therapeutics serves physicians and patients within specialty care settings, particularly those treating endocrine disorders and other serious metabolic conditions, with a target market encompassing hospital systems, specialty clinics, and individual practitioners across the United States.Corcept Therapeutics is a specialty pharmaceutical company with a market capitalization of $9.6 billion, generating TTM revenues of $769.1 million and net income of $47.3 million. The company maintains a focused pipeline strategy centered on its commercial flagship Korlym, which addresses a significant unmet medical need in endogenous Cushing's syndrome treatment, positioning it as a specialized player within the pharmaceutical sector with demonstrated profitability and revenue growth momentum.
What this transaction means for investorsWilson sold at $88.30, which is roughly two and a half times where this stock closed on the last day of 2025, when the New Year’s Eve session wiped out 50% of Corcept's value in a day, dropping shares to $34.83 after the FDA rejected relacorilant for hypercortisolism. That means the plan he adopted in March was written into a recovery, not a decline, and the timing looks less like a call than a schedule catching a rebound. His trusts still hold about 1.5 million shares, including two grantor retained annuity trusts set up last year, which is estate planning rather than exit planning.
Meanwhile, the ongoing rebound has a cause. The same drug the FDA turned away in December won approval in ovarian cancer, and Corcept raised full-year revenue guidance to between $950 million and $1.05 billion. CEO Joseph Belanoff said after the rejection he was "confident we will find a way" forward. For long-term investors, the December gap is an important lesson. One regulatory letter halved this company, and its next act still depends on how far a single molecule can stretch.
Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Corcept Therapeutics. The Motley Fool has a disclosure policy.
Chief Financial Officer Mokari Atabak reported the sale of 40,000 shares of Corcept Therapeutics Incorporated (CORT +1.25%) on July 15, 2026, according to an SEC Form 4 filing.
Transaction summaryMetricValueTransaction value$3.5 millionShares sold40,000 sharesPost-transaction shares (directly held)16,130 sharesPost-transaction value$1.44 millionTransaction value based on SEC Form 4 weighted average sale price ($87.71); post-transaction value based on July 15, 2026 market close ($89.57).
Key questionsHow was the transaction structured and executed?
Mokari Atabak performed a "cashless" exercise of 40,000 stock options. All resulting shares were sold on the same day at a weighted average price of $87.71, allowing the executive to realize gains without an initial cash outlay for the exercise.What is the executive's remaining financial exposure to the company?
Following this transaction, the Chief Financial Officer retains direct ownership of 16,130 shares of common stock. However, his total economic exposure remains substantial through the holding of close to 180,000 derivative securities (options), which represent a larger equity position than his direct common stock holdings.How has the stock performed leading up to this execution?
The transaction occurred after a period of positive momentum for the pharmaceutical company, with shares delivering a 25% return over the 12 months ending on the July 15, 2026 transaction date. As of the July 16, 2026 market close, the stock was priced at $89.72 per share.Does the timing of this sale suggest a discretionary decision?
No, the timing and volume of this sale were predetermined by a Rule 10b5-1 trading plan established in December 2025. Such plans are designed to allow insiders to sell shares at set intervals or price targets to avoid concerns regarding the use of non-public information.Company OverviewMetricValueShare Price (as of market close 2026-07-16)$89.72Market Capitalization$9.6 billionRevenue (TTM)$769.1 millionNet Income (TTM)$47.3 millionCompany SnapshotCorcept Therapeutics develops and commercializes pharmaceutical treatments for serious metabolic, oncological, and neuropsychiatric disorders, with Korlym (mifepristone) tablets serving as its primary commercial product for treating endogenous Cushing's syndrome in adult patients.The company generates revenue through the direct commercialization of its proprietary pharmaceutical products in the United States market, leveraging its specialized expertise in addressing rare and serious medical conditions.Corcept targets healthcare providers and patients within specialty care settings, focusing on individuals diagnosed with serious endocrine and metabolic disorders who require targeted pharmaceutical interventions.Corcept Therapeutics is a specialized pharmaceutical company with a market capitalization of $9.6 billion, generating TTM revenues of $769.1 million and demonstrating profitability with net income of $47.9 million. The company maintains a focused commercial strategy centered on its lead therapeutic asset, Korlym, which addresses a significant unmet medical need in the treatment of endogenous Cushing's syndrome. With operations headquartered in the San Francisco Bay Area, Corcept has established itself as a key player in the specialty pharmaceutical sector, delivering sustainable growth as evidenced by its 25% one-year stock price appreciation.
What this transaction means for investorsThe plan behind this sale was adopted in early December 2025, the same month (and just weeks before) Corcept's stock lost half its value in a single session. Setting a selling schedule near the wreckage of a 50% crash, then watching it execute at $87.71 after the shares more than doubled, is an important reminder that these plans are pre-arranged and don’t reflect discretionary decision-making on a sale-by-sale basis. It’s also important to note he has 16,130 shares held outright against nearly 180,000 options. That's a finance chief whose upside is overwhelmingly leveraged, which cuts both ways in a stock this volatile.
The recovery he sold into came from the FDA approving relacorilant for ovarian cancer, where it now sells as Lifyorli, months after rejecting the same drug for Cushing's syndrome. First-quarter revenue reached $164.9 million, and management raised full-year guidance to as much as $1.05 billion. For long-term investors, that options-heavy position is the thing to sit with. It means the executive closest to the numbers is paid on the stock climbing, not on it holding steady.
Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Corcept Therapeutics. The Motley Fool has a disclosure policy.
Tether Gold (XAUT) has been recognized as an Accepted Spot Commodity in Abu Dhabi Global Market (ADGM), allowing firms in the international financial center to offer services involving the tokenized gold asset if they hold the required regulatory permissions.
The recognition follows ADGM’s earlier acceptance of Tether’s USDt (USDT) as an Accepted Fiat Referenced Token, extending the company’s regulated product lineup in one of the Middle East’s largest international financial centers.
Tether CEO Paolo Ardoino said the designation gives regulated firms a clearer path to offer XAUT, while ADGM said it would support business growth by expanding the products and services available to companies operating in the financial center.
DefiLlama data shows Tether Gold’s total value locked (TVL) has more than tripled over the past year, rising from about $826 million to roughly $2.86 billion.
Tether Gold total value locked (TVL). Source: DefiLlama
Tether Gold is also finding new uses beyond trading and custody. In June, Bitcoin lending platform Ledn announced plans to add XAUT as loan collateral later this year, allowing clients to borrow against their tokenized gold holdings without selling them.
According to RWA.xyz, tokenized commodities have a distributed value of about $4.46 billion and account for nearly 13% of the roughly $34.73 billion tokenized real-world asset market.
Tokenized commodities. Source: RWA.xyz
Magazine: Will the US get CLARITY this week? Bitcoin’s new $80K target: Hodler’s Digest, July 19
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Tether Gold (XAUT) has been recognized as an Accepted Spot Commodity in Abu Dhabi Global Market (ADGM), allowing firms in the international financial center to offer services involving the tokenized gold asset if they hold the required regulatory permissions.
The recognition follows ADGM’s earlier acceptance of Tether’s USDt (USDT) as an Accepted Fiat Referenced Token, extending the company’s regulated product lineup in one of the Middle East’s largest international financial centers.
Tether CEO Paolo Ardoino said the designation gives regulated firms a clearer path to offer XAUT, while ADGM said it would support business growth by expanding the products and services available to companies operating in the financial center.
DefiLlama data shows Tether Gold’s total value locked (TVL) has more than tripled over the past year, rising from about $826 million to roughly $2.86 billion.
Tether Gold total value locked (TVL). Source: DefiLlama
Tether Gold is also finding new uses beyond trading and custody. In June, Bitcoin lending platform Ledn announced plans to add XAUT as loan collateral later this year, allowing clients to borrow against their tokenized gold holdings without selling them.
According to RWA.xyz, tokenized commodities have a distributed value of about $4.46 billion and account for nearly 13% of the roughly $34.73 billion tokenized real-world asset market.
Tokenized commodities. Source: RWA.xyz
Magazine: Will the US get CLARITY this week? Bitcoin’s new $80K target: Hodler’s Digest, July 19
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Tether Gold has gained commodity status in Abu Dhabi, as DefiLlama data shows XAUT’s locked value has climbed more than threefold to about $2.86 billion over the past year.
Summary
ADGM recognized Tether Gold as an Accepted Spot Commodity for approved regulated firms. XAUT’s locked value more than tripled over the past year to $2.86 billion. Tether is expanding across tokenized gold, US payroll payments and Latin American banking. Abu Dhabi Global Market has recognized XAUT as an Accepted Spot Commodity, allowing regulated firms in the international financial center to provide services involving the tokenized gold asset when they hold the required permissions.
Under the designation, eligible companies can add XAUT-related products to their regulated offerings inside ADGM. Tether CEO Paolo Ardoino described the decision as a clearer route for approved firms seeking to support the asset, while ADGM linked the addition to an expanded selection of products available within the financial center.
The decision follows ADGM’s earlier recognition of Tether’s USDT as an Accepted Fiat Referenced Token. With both assets now accepted under separate regulatory categories, Tether can place its dollar stablecoin and gold-backed token within one of the Middle East’s largest international financial centers.
ADGM’s treatment of XAUT applies only to firms that secure the relevant regulatory approvals. The designation does not give every company operating in the financial center automatic permission to offer trading, custody or other XAUT services.
Tokenized gold demand has lifted XAUT’s locked value DefiLlama figures show that Tether Gold’s total value locked has risen from approximately $826 million to $2.86 billion within a year. Based on those figures, the increase amounts to about 246%, placing XAUT among the largest products in the tokenized commodity market.
RWA.xyz estimates that tokenized commodities hold about $4.46 billion in distributed value. The data platform places the full tokenized real-world asset market at roughly $34.73 billion, giving commodities a share of nearly 13%.
Against those figures, XAUT’s reported $2.86 billion in locked value represents a substantial portion of the commodity category tracked by RWA.xyz. Differences between TVL and distributed-value methods mean the two datasets are not directly interchangeable, but both indicate that gold-backed tokens account for a large share of commodity tokenization.
Use cases for XAUT are also moving beyond spot trading and custody. Bitcoin lending platform Ledn announced in June that it plans to accept the token as loan collateral later this year, which would let customers borrow against tokenized gold without selling their holdings.
Ledn’s planned integration would place XAUT inside a crypto-backed lending product, adding a borrowing function to an asset mainly used for gold exposure. The company has not yet disclosed detailed terms such as loan-to-value ratios, interest rates or the exact launch date.
For regulated firms in ADGM, the new status could make similar services possible when their licenses cover the relevant activity. ADGM’s announcement, however, did not identify which firms intend to add XAUT or set a timeline for the first regulated offerings.
Tether is extending its reach across payments and finance Beyond tokenized gold, Tether has continued investing in payment systems and financial platforms. Last week, crypto.news reported that the company led a $7 million Series A round for Pact Labs alongside Blockchange Ventures and Lasagna.
According to crypto.news, the financing will support Pact Labs’ payroll and payment infrastructure while helping businesses adopt USAT, Tether’s dollar-backed stablecoin designed for the US market. The partnership focuses on wage payments rather than crypto trading, targeting a US payroll sector that processes more than $11 trillion each year.
Another investment has extended Tether’s presence in Latin American finance. Bloomberg reported that the company contributed $20 million to a $197 million equity round for Argentine digital bank Ualá, adding the platform to Tether’s portfolio of stablecoin-related investments.
Ualá announced the round in March and identified Tether among the participants, though it did not disclose the issuer’s contribution at the time. Allianz X led the financing, while Bloomberg later reported the size of Tether’s individual investment.
These investments come as Tether faces questions over USDT’s future availability on US crypto platforms. CoinDesk reported that the first anniversary of the GENIUS Act has renewed attention on whether the foreign-issued stablecoin can meet the law’s requirements before its transition period ends.
President Donald Trump signed the Guiding and Establishing National Innovation for U.S. Stablecoins Act into law one year ago, introducing a three-year compliance window. CoinDesk reported that uncertainty remains over how some deadlines will apply to foreign issuers such as Tether.
Circle has taken steps to align its operations with the incoming US framework, according to the report, while Tether has not publicly explained how it plans to bring USDT into full compliance.
The ADGM recognition gives XAUT a defined regulatory route in Abu Dhabi while Tether develops separate products and investments across gold, payroll and digital banking. USDT’s position in the United States, however, will depend on how regulators implement the GENIUS Act and whether Tether satisfies the final requirements.
Tether Gold (XAUT), the digital token backed by physical gold and issued by Tether, has been formally recognized as an Accepted Spot Commodity within the Abu Dhabi Global Market (ADGM). The decision enables firms licensed by ADGM, one of the region’s largest international financial centers, to offer services related to XAUT provided they obtain the necessary regulatory clearances.
Strategic significance for ADGM and TetherThe ADGM already recognizes Tether’s USDt (USDT) as an Accepted Fiat Referenced Token. The latest classification of XAUT expands Tether’s portfolio of regulated offerings in the jurisdiction, reflecting growing institutional interest in tokenized assets, particularly those backed by tangible commodities like gold.
Paolo Ardoino, CEO of Tether, welcomed the move, emphasizing that the new status gives regulated institutions at ADGM a transparent framework to integrate XAUT into their products and services. The ADGM authority stated that the recognition is expected to support business development in the center by boosting the diversity of digital assets available to financial companies.
Tether CEO Paolo Ardoino described the recognition as a major milestone, noting that it opens the door for regulated firms in ADGM to offer XAUT and supports broader adoption of regulated tokenized commodities.
ADGM, based in Abu Dhabi, serves as a key hub for global financial activity in the United Arab Emirates, providing licensing, regulation, and a business-friendly environment to financial operators.
Mini dictionary: Abu Dhabi Global Market (ADGM) is an international financial center located in Abu Dhabi that provides institutions with regulatory oversight and licensing to support the growth of financial services, especially in fintech and digital asset markets.
Rapid rise in Tether Gold adoption and ecosystemAccording to DefiLlama, the total value locked (TVL) in Tether Gold has climbed sharply within the past year, swelling from $826 million to about $2.86 billion. This trend points to increased adoption of XAUT by investors seeking digital access to gold in a regulated manner.
MetricJuly 2023July 2024XAUT Total Value Locked (TVL)$826 million$2.86 billionBeyond trading and storage, XAUT’s utility is growing. In June, Bitcoin lending platform Ledn disclosed that it plans to accept XAUT as collateral for loans later this year. This upcoming service will let customers pledge tokenized gold as security, offering a way to access liquidity without selling their holdings.
Mini dictionary: Ledn is a Bitcoin and digital asset lending platform that enables clients to secure loans using cryptocurrencies or tokenized assets as collateral, providing access to credit without requiring the sale of those assets.
Tokenized commodities market continues to growFigures from RWA.xyz show that tokenized commodities have reached a distributed value of $4.46 billion. They now constitute nearly 13% of the $34.73 billion overall tokenized real-world asset (RWA) market, as institutions and investors look for new ways to engage with blockchain-backed versions of traditional assets.
Tether Gold’s expanding range of applications and growing asset pool reflect the ongoing integration of digital finance with established commodity markets in regulated jurisdictions like Abu Dhabi.
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.
AUD/USD started a steady increase above 0.6950 and 0.6975. A key bullish trend line is forming with support at 0.6950 on the 4-hour chart. Gold prices declined and might dip below $3,950. USD/JPY could gain bullish momentum if it settles above 162.70. AUD/USD Technical Analysis The Aussie Dollar started a fresh increase from 0.6865 against the US Dollar. AUD/USD climbed above 0.6900 and 0.6950 to enter a positive zone.
Looking at the 4-hour chart, the pair cleared many hurdles near the 50% Fibonacci retracement level of the downward move from the 0.7088 swing high to the 0.6865 low. The pair also settled above the 100 simple moving average (red, 4-hour) and the 200 simple moving average (green, 4-hour).
On the upside, the pair could face resistance near the 76.4% Fibonacci retracement level at 0.7035. The next major resistance might be 0.7050. A close above 0.7050 could start a steady increase.
In the stated case, the bulls could aim for a move to 0.7120. Any more gains might open the doors for a test of 0.7200. If there is a downside correction, the pair might find bids near 0.6965.
The first major support could be near 0.6950. There is also a key bullish trend line forming with support at 0.6950. A downside break and close below 0.6950 might send the pair toward 0.6910. Any more losses could open the doors for a test of 0.6865.
Looking at Gold, the bears remained in action below $4,150, and they might even target a move below $3,950.
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Allbridge Core, a cross-chain protocol that facilitates stablecoin transfers across different blockchains, experienced a security breach that resulted in a loss of $1.65 million from its Solana deployment. The incident led to an immediate halt of all protocol operations as teams began an investigation into the cause and scope of the exploit.
Flash loan exploit hits Solana poolsThe attack took place on Allbridge’s Solana-based stablecoin bridge and was quickly confirmed by the project team. Allbridge paused activity as security teams and independent blockchain investigators began reviewing the incident’s impact.
According to research from blockchain analytics firm Lookonchain, the attacker bridged all stolen assets to Ethereum at high speed before converting them into ETH. These rapid transfers complicated fund recovery and underscored the fast-moving nature of cross-chain exploits.
Allbridge halted operations after a $1.65 million exploit targeted its Solana pools, with the attacker immediately moving the stolen funds to Ethereum and converting them into ETH, raising concerns about ongoing security risks in cross-chain protocols.
Further blockchain analysis revealed that the attacker initiated the exploit by using a flash loan of $1.12 million in USDC, borrowed from Kamino, a Solana liquidity protocol. By carrying out several transactions within a single block, the attacker temporarily swapped USDC and USDT tokens, manipulating the exchange rate within Allbridge Core’s stablecoin pool.
This price manipulation allowed the attacker to withdraw more stablecoins than were initially supplied, generating significant profits without retaining the borrowed funds for long. After the flash loan was repaid, the attacker kept the proceeds, which investigators estimate at around $1.65 million. The attacker then attempted to conceal the funds via Ethereum-based privacy channels.
Allbridge urged liquidity providers in affected pools to withdraw their funds while investigations continue. The protocol also called on users who profited from temporary arbitrage opportunities related to the attack to voluntarily return the funds, aiming to compensate liquidity providers who sustained losses.
Mini dictionary: Flash loan — a type of uncollateralized loan that allows users to borrow large amounts of funds within a single blockchain transaction, often used for arbitrage or, in some cases, to exploit vulnerabilities in protocols.
Security concerns for cross-chain bridges intensifyThis exploit is not the first security incident for Allbridge. The protocol previously experienced a flash loan attack in 2023, which resulted in losses surpassing $573,000, this time on its BNB Chain deployment. Both episodes involved attackers manipulating swap prices within liquidity pools.
Cross-chain bridges like Allbridge remain attractive targets due to the large sums of liquidity they handle to facilitate asset transfers between independent blockchains. Successful attacks often cause major financial damage in a short amount of time and across multiple networks.
Bridge projectYear of major breachReported lossAllbridge (Solana)2026$1.65 millionAllbridge (BNB Chain)2023$573,000Taiko2026Not disclosedIn recent months, additional bridge platforms such as Taiko, Secret Network, Gravity Bridge, Verus Bridge, and Butter Network have faced similar security breaches. These incidents have put a spotlight on the importance of thorough smart contract audits, robust monitoring mechanisms, and improved liquidity protection for decentralized finance systems.
Blockchain security groups, including PeckShield and CertiK, quickly identified the Allbridge exploit just after abnormal on-chain activity was detected. Investigators are still analyzing transaction histories to fully map the attack and support possible fund recovery.
The investigation continues as Allbridge assesses potential security upgrades and seeks to address potential reimbursement for those affected. The repeated incidents underline the persistent challenges faced by cross-chain infrastructure despite advances in decentralized finance platform security.
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.
Investors are asking me if The Tractor Supply Company (TSCO 0.69%) is a buy at current market prices.
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Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tractor Supply. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Silver (XAG/USD) attracts buyers for the third straight day and climbs back above the $57.00 mark during the Asian session on Tuesday. The white metal, however, remains below the overnight swing high, with bulls awaiting a breakout through a short-term descending trend-line hurdle before positioning for further gains.
Meanwhile, the Moving Average Convergence Divergence (MACD) indicator is marginally positive, and the Relative Strength Index (RSI) near 52 hints at stabilizing momentum. Hence, a sustained move beyond the aforementioned barrier should pave the way for additional gains. The XAG/USD might then climb to the 38.2% Fibonacci retracement level of the decline from the monthly top near $58.06, en route to the 100-period Simple Moving Average (SMA) on the 4-hour chart, just ahead of the $59.00 round figure.
The latter nears the 50% retracement level and acceptance above this would be needed to ease the current bearish bias, which should open the way to higher retracement objectives. However, a failed attempt to conquer this confluence would suggest that rallies remain vulnerable while that barrier stays overhead. Meanwhile, higher barriers are seen at the 61.8% level at $60.04 and the 78.6% retracement at $61.46.
On the downside, immediate support comes from the 23.6% Fibonacci retracement at $56.83, and a drop back below this pivot would likely reassert selling pressure and expose the structural floor near $54.84.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
XAG/USD 4-hour chart
Silver FAQs Silver is a precious metal highly traded among investors. It has been historically used as a store of value and a medium of exchange. Although less popular than Gold, traders may turn to Silver to diversify their investment portfolio, for its intrinsic value or as a potential hedge during high-inflation periods. Investors can buy physical Silver, in coins or in bars, or trade it through vehicles such as Exchange Traded Funds, which track its price on international markets.
Silver prices can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can make Silver price escalate due to its safe-haven status, although to a lesser extent than Gold's. As a yieldless asset, Silver tends to rise with lower interest rates. Its moves also depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAG/USD). A strong Dollar tends to keep the price of Silver at bay, whereas a weaker Dollar is likely to propel prices up. Other factors such as investment demand, mining supply – Silver is much more abundant than Gold – and recycling rates can also affect prices.
Silver is widely used in industry, particularly in sectors such as electronics or solar energy, as it has one of the highest electric conductivity of all metals – more than Copper and Gold. A surge in demand can increase prices, while a decline tends to lower them. Dynamics in the US, Chinese and Indian economies can also contribute to price swings: for the US and particularly China, their big industrial sectors use Silver in various processes; in India, consumers’ demand for the precious metal for jewellery also plays a key role in setting prices.
Silver prices tend to follow Gold's moves. When Gold prices rise, Silver typically follows suit, as their status as safe-haven assets is similar. The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, may help to determine the relative valuation between both metals. Some investors may consider a high ratio as an indicator that Silver is undervalued, or Gold is overvalued. On the contrary, a low ratio might suggest that Gold is undervalued relative to Silver.
Grayscale filed with the SEC on July 20 for a spot Worldcoin (WLD) exchange-traded fund. The fund would trade on Nasdaq under the ticker GWLD.
Bloomberg ETF analyst James Seyffart confirmed the filing on X. The twist is that Grayscale’s own paperwork spells out why WLD is such a risky bet.
What the Grayscale Worldcoin ETF Filing SaysThe SEC filing shows Grayscale moved fast. It formed the trust on July 10 and filed just 10 days later. BitGo will hold the WLD, and BNY Mellon will run the fund’s books.
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Grayscale knows this path well. Its Bitcoin Trust became a spot ETF in January 2024 after the firm beat the SEC in court. Solana and Dogecoin funds followed in late 2025.
Some details are still missing. The fee is blank, and no trading partners are named yet.
The Risks Grayscale Itself ListsWorldcoin verifies humans by scanning their eyes with a device called the Orb. The filing admits regulators pushed back hard. Spain, Portugal, Germany, Hong Kong, Brazil, Kenya, and Indonesia all took action between 2024 and 2025.
The token math looks rough too. The 100 largest wallets hold about 90% of circulating WLD. Team and investor tokens keep unlocking until around July 2028.
Then there is the price. WLD trades near $0.375, up 3.3% on the day. That is still about 97% below its March 2024 peak of $11.74.
Worldcoin (WLD) Price Performance. Source: BeInCryptoA June treasury purchase gave the token a brief lift. Meanwhile, Tools for Humanity layoffs at the project’s lead developer dragged it back down.
GWLD cannot trade until the SEC signs off and Nasdaq clears the listing. Easier access may help, but WLD’s path forward likely hinges on those token unlocks.
Grayscale has filed a registration statement with the US Securities and Exchange Commission to launch an exchange traded fund that would hold Worldcoin’s WLD token directly.
The proposed Grayscale Worldcoin ETF would seek to list on Nasdaq under the ticker GWLD. Its shares would track the value of the WLD held by the trust using the CoinDesk Worldcoin Benchmark Rate, minus fees and other expenses.
Grayscale has not yet disclosed the fund’s management fee, initial seed investment or the amount of WLD represented by each share. Those fields were left blank in the prospectus and are expected to be completed through later amendments.
The fund would issue and redeem shares through blocks of 10,000 shares known as baskets. Authorized participants could create or redeem baskets using WLD directly or submit cash orders facilitated by liquidity providers.
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BitGo Bank & Trust would custody the fund’s WLD holdings. The Bank of New York Mellon would serve as administrator and transfer agent, while CSC Delaware Trust Company would act as trustee.
The trust would operate as a passive vehicle and would not use leverage or derivatives. Its sole objective would be to provide exposure to WLD without requiring shareholders to purchase or custody the token themselves.
WLD is the native token of World Network, the digital identity project initially developed by Tools for Humanity, which was founded by Sam Altman and Alex Blania. The network combines World ID, its proof of personhood system, with World Chain, World App and biometric verification devices known as Orbs.
The filing said approximately 3.5 billion WLD tokens were circulating as of June 30, with an aggregate market value of about $1.4 billion and daily trading volume of $135.1 million. WLD ranked as the forty first largest crypto asset by market capitalization at the time.
Grayscale identified the network’s reliance on biometric data as one of the product’s principal risks. World’s use of iris imaging through its Orb devices has faced regulatory restrictions, enforcement actions and court decisions across multiple jurisdictions.
The prospectus also highlighted World Chain’s centralized sequencer, WLD’s price volatility and the possibility that regulators could classify the token or related transactions as securities. Any adverse regulatory determination could reduce the token’s value or force the trust to terminate.
WLD, the native token of World Network, rose about 4% following the filing. Despite the gain, the token remains roughly 97% below its all time high of $11.80, reached in March 2024.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Crypto ETF issuer Grayscale is seeking to expand its offerings with the launch of a Worldcoin ETF. The asset manager has filed the registration statement for the Fund, which it proposes to list on the Nasdaq. Meanwhile, the WLD price has climbed amid this development.
Grayscale Files Registration Statement For Worldcoin ETF An SEC filing shows that the asset manager has filed the S-1 for the crypto ETF with the Commission. Grayscale plans to list the Fund on the Nasdaq under the ticker ‘GWLD’ and under the generic listing standards, which enable these crypto ETFs to launch faster.
As such, the Worldcoin ETF will go live once the WLD token satisfies the applicable eligibility requirements under the generic listing standards. Grayscale also revealed that it plans to offer in-kind creations and redemptions for the Fund.
Meanwhile, the crypto ETF issuer named crypto firm BitGo as the Trust’s custodian. The Fund will notably provide a way for institutional investors to gain exposure to the WLD token and could potentially be the first spot WLD ETF in the U.S.
The filing comes less than a week after T. Rowe Price launched the first active crypto ETF, which provides exposure to multiple crypto assets including Bitcoin and Ethereum. The Worldcoin ETF could also join a host of crypto ETFs that have launched, including the Hyperliquid ETFs, for which Grayscale is also an issuer.
WLD Price Climbs Over 4% The WLD price has climbed over 4% today amid Grayscale’s filing for a Worldcoin ETF. The crypto asset is currently trading at around $0.376, according to TradingView data. However, the token is down over 10% in the past week.
Source: TradingView The WLD token is also notably up alongside the broader crypto market, with the Bitcoin price rising above the psychological $65,000 level for the first time in weeks. This comes despite the latest escalation in the U.S.-Iran war.
It is worth noting that Worldcoin has in recent times seen bullish sentiment over its AI ties, specifically its ties to OpenAI. However, the coin has been on a downtrend since reports that the AI company may not go public this year.
For more information on trading, please check out our page on Best Platforms to Trade Tokenized Stocks
WLD has climbed about 4.5% to $0.37 after Grayscale filed with the US Securities and Exchange Commission to launch an ETF holding the World Network token directly.
Summary
Grayscale has filed to list a spot Worldcoin ETF on Nasdaq under GWLD. WLD gained 4.5% and broke above a descending channel on the four-hour chart. Regulatory concerns over biometric data and WLD’s status remain key risks. According to Grayscale’s registration statement, the proposed Grayscale Worldcoin ETF would trade on Nasdaq under the ticker GWLD and offer investors exposure to WLD without requiring them to buy or store the token.
The fund’s shares would follow the value of its WLD holdings through the CoinDesk Worldcoin Benchmark Rate. Fees and operating expenses would be deducted from the value of the trust, although Grayscale has not disclosed the management fee.
Several other terms also remain open. Grayscale left blank the initial seed investment and the quantity of WLD represented by each share, indicating that later amendments to the prospectus will add those details.
If approved, GWLD would become a passive investment vehicle with WLD as its only principal asset. Grayscale’s filing states that the trust would not use leverage or derivatives, limiting its activity to holding the token and processing share creations and redemptions.
GWLD would give investors direct WLD price exposure Under the proposed structure, authorized participants would create or redeem shares in blocks of 10,000, which the filing calls baskets. Participants could complete those transactions by delivering WLD or through cash orders handled with the help of liquidity providers.
BitGo Bank & Trust would hold the trust’s WLD assets, according to the registration statement. The Bank of New York Mellon would act as administrator and transfer agent, while CSC Delaware Trust Company would serve as trustee.
Grayscale has presented the fund as a way for shareholders to gain WLD exposure through a traditional brokerage account. Investors would therefore avoid the technical steps involved in opening a crypto wallet, securing private keys, and trading the token on a digital-asset platform.
The filing does not guarantee that the SEC will approve the product or that Nasdaq will list its shares. Because the document is a registration statement with incomplete terms, Grayscale may need to submit amendments before regulators can allow the ETF to begin trading.
WLD serves as the native token of World Network, a digital identity project first developed by Tools for Humanity. Sam Altman and Alex Blania founded the company behind the project, which was previously known as Worldcoin.
World Network includes World ID, a proof-of-personhood system designed to confirm that a user is a unique human. Its other products include the World App, the Ethereum layer-2 network World Chain and Orb devices that use iris images during identity verification.
As of June 30, roughly 3.5 billion WLD tokens were in circulation, according to figures included in Grayscale’s prospectus. Their combined market value stood at approximately $1.4 billion, while the token recorded daily trading volume of $135.1 million.
Those figures placed WLD as the 41st-largest crypto asset by market capitalization at the time of the filing. The data also showed that the proposed fund would track an asset with substantially lower market value and trading activity than tokens such as Bitcoin and Ethereum.
WLD has broken above its four-hour falling channel Following news of the filing, Worldcoin (WLD) advanced about 4.5% to $0.37. The token nevertheless remained nearly 97% below its March 2024 record high of $11.80.
On the four-hour chart supplied through TradingView, WLD was trading around $0.377 after rebounding from the $0.353 support area. Price also moved above the upper boundary of a descending channel, indicating that selling pressure has started to ease.
Worldcoin price 4-hour chart — July 21 | Source: crypto.news TradingView’s Fibonacci levels place immediate resistance at $0.3796. A sustained move above that barrier could expose $0.3876, followed by $0.3957 and $0.4057.
Below the current price, the chart identifies $0.3681 as the closest support. Losing that level could send WLD back toward $0.3534, where buyers recently stopped the decline.
Momentum readings have also improved, although they do not yet confirm a strong bullish trend. The four-hour relative strength index stood at 49.59, up from its moving average of 38.09 and close to the neutral 50 level.
TradingView’s MACD line remained below zero at -0.0057 but had crossed above its -0.0073 signal line. The positive 0.0016 histogram suggests bearish momentum is fading as WLD tests the $0.3796 resistance.
Grayscale’s prospectus identified biometric data collection as a central product risk because World Network relies on iris imaging through its Orbs. According to the filing, the project has faced regulatory restrictions, enforcement measures and court rulings in several jurisdictions over its biometric practices.
The registration statement also pointed to World Chain’s centralized sequencer, sharp WLD price swings and possible securities-law treatment as material risks. Grayscale warned that an adverse regulatory decision involving WLD or related transactions could reduce the token’s value or require the trust to close.
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JPMorgan Chase CEO: Investors are underestimating market risks, and he will not buy stocks or long-term U.S. Treasuries at present.
JPMorgan CEO Jamie Dimon said investors are underestimating the geopolitical and fiscal risks facing the global economy, and at current prices, he would not buy the overall stock market nor long-term U.S. Treasuries. Dimon noted that the Russia-Ukraine war, Middle East conflicts, strained China-U.S. relations, and rising military spending amid expanding government deficits could eventually hit markets. While the global economy is more resilient due to reduced energy dependence, this does not rule out sudden market downturns. Persistently large U.S. fiscal deficits could eventually push up interest rates, as bond investors will demand higher returns to hold government debt. He added that even if inflation falls to the Fed’s 2% target, the 10-year U.S. Treasury yield could stay between 4% and 4.5%, leaving limited upside for long-term Treasury prices. On stocks, Dimon said he would consider buying individual high-quality stocks, but not the broader market at current valuations. The S&P 500 has risen nearly 10% so far this year. Turning to AI, Dimon compared the current investment boom to the early days of the internet. He believes massive AI spending could ultimately pay off overall, just like the internet, but the returns and timeline will “definitely not be as people expect”. He pointed out that early internet-era giants like Yahoo and Netscape later faded, while eventual winners like Google and Facebook emerged later.
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Robinhood Chain ecosystem token PONS briefly surged past $39 million in market capitalization, hitting a new all-time high.
According to GMGN monitoring, Robinhood Chain ecosystem token PONS briefly hit an all-time high market cap of over $39 million, and is now trading at $34 million, up 110% in 24 hours with around $10 million in trading volume over the same period. PONS is the native platform token of Pons, a token-launching platform on Robinhood Chain. The platform supports creating and issuing fixed-supply tokens, uses collected WETH fees to repurchase PONS, and directly burns PONS fees. It is viewed by some community members as the "pump.fun" of Robinhood Chain.
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Margin balance in South Korean stock market falls to its lowest level since April.
According to data from the Korea Financial Investment Association, as of July 16, the margin balance used for stock financing has fallen to 33.4 trillion won (about $226 billion), the lowest level since April 15. The figure is 13% lower than the peak of 38.6 trillion won recorded at the end of June. Additional data indicates that South Korean retail investors’ enthusiasm for stocks may be cooling. Per the Korea Financial Investment Association, as of July 16, investor deposits dropped to 108.1 trillion won, down from the high of 139.7 trillion won on June 4. (Jinshi)
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Ark Invest added $20.5 million worth of SpaceX stock and trimmed $4.1 million worth of Robinhood stock.
Cathie Wood’s Ark Invest purchased 170,634 shares of SpaceX on Monday, valued at approximately $20.5 million. Meanwhile, it sold 41,322 shares of Robinhood, worth around $4.1 million.
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Samsung Electronics rose over 4%, while SK Hynix gained more than 3%.
According to Bitget data, South Korea’s KOSPI index posted an intraday gain of 2.51%, with Samsung Electronics rising 4.51% and SK Hynix up 3.52%.
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Donald Trump has agreed to the ethics provisions of the CLARITY Act, bringing the bill closer to a Senate vote.
Trump has agreed to the ethics provisions in the CLARITY Act, clearing a key hurdle for the crypto legislation to advance to a Senate vote. Industry sources said that after months of negotiations, all parties reached an agreement on the relevant ethics terms, and Trump approved the plan late Monday. The provisions aim to restrict the president, vice president, members of Congress, and other federal officials from profiting from digital assets while in office. The controversy has long centered on Trump-linked meme coins and his family’s involvement in World Liberty Financial. Ethics issues were previously viewed as the last major obstacle to the bill’s passage. The CLARITY Act seeks to introduce the first comprehensive federal regulation of the digital asset industry, and clarifies the jurisdictional authority of the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). However, Democratic lawmakers have not yet seen the latest provision text. The revised bill text is expected to be released in the coming days, with the earliest possible launch being Monday evening, though it may also be delayed. The Senate must complete its vote before the first week of August; if the bill passes, it will need to return to the House of Representatives for consideration before being sent to the president for signing.
Grayscale filed an S-1 registration statement with the US Securities and Exchange Commission (SEC) on Monday to launch a Grayscale Worldcoin (WLD) ETF.
Grayscale expands regulated altcoin products push with Worldcoin ETF filingThe proposed fund, which would trade on Nasdaq under the ticker GWLD, is designed to give investors exposure to Worldcoin through a traditional brokerage account, eliminating the need to buy the token directly.
The fund will passively hold WLD and aims to track the token's market price, as measured by the CoinDesk Worldcoin Benchmark Rate. The trust will not use leverage, derivatives, or other strategies to generate returns beyond the performance of the underlying asset.
The filing describes the Grayscale Worldcoin ETF as a Delaware statutory trust established on July 10 to hold WLD, the native token powering the World Network ecosystem.
Under the proposed structure, shares will be created and redeemed in baskets of 10,000 by authorized participants through either in-kind or cash transactions.
BitGo Bank & Trust will serve as the custodian of the trust's digital assets, while The Bank of New York (BNY) Mellon will act as administrator and transfer agent. CSC Delaware Trust Company will serve as trustee, and Grayscale Investments Sponsors LLC, a subsidiary of Digital Currency Group, will sponsor the fund.
The filing also notes that the trust's WLD holdings will remain fully segregated and will not be lent, pledged, or used as collateral for loans or other financing arrangements.
Worldcoin, co-founded by OpenAI CEO Sam Altman through Tools for Humanity, is best known for its biometric identity verification system. The system uses iris-scanning devices known as Orbs to issue World IDs and distribute WLD tokens.
The project aims to provide proof of personhood in an AI-driven world but has faced regulatory scrutiny and privacy concerns in several jurisdictions over its collection and handling of biometric data.
If approved, the Grayscale Worldcoin ETF would become a first-of-its-kind fund, providing indirect access to WLD price movements.
The filing marks another step in Grayscale's aggressive expansion into single-asset crypto ETFs. The company has broadened its product lineup over the past year with funds tied to assets such as XRP, Dogecoin (DOGE), Solana (SOL), Chainlink (LINK), and Avalanche (AVAX).
WLD reacted positively to the filing, trading at $0.374 following the announcement, up 3.5% over the past 24 hour at the time of writing.
The USD/INR has inched higher at the start of the new week, nearing two-month lows as oil prices hit $88 per barrel on the Brent benchmark. Current Setup and Live Chart The balance of risks for the USD/INR as we head into the new week currently favors the greenback, as the rupee nears two-month lows. Treasury yields remain resiliently higher amid strong US economic sentiment. This is despite the cooling of inflation in June. Markets have paid little attention to last week’s Consumer and Producer Price Indices, as they reflected the inflationary scenario while the US-Iran truce lasted. The renewal of hostilities last week is expected to reinforce inflationary expectations for July, which is why the markets are pricing in this scenario against the CPI and PPI data releases for August.
Furthermore, geopolitical uncertainty continues, reinforcing safe-haven demand for the greenback, even as rising crude oil prices pile pressure on the Indian rupee. Oil prices inched higher at the start of the week, rising to $88 per barrel at the start of the New York session this Monday.
India’s exposure to higher energy prices, due to its status as the third-largest net crude importer, continues to put the rupee end of the USD/INR pairing on the defensive. The current market sentiment prices in a higher energy risk premium and rising demand for US dollars from Indian refiners. As before, the Reserve Bank of India (RBI) continues to use various measures to smooth excessive volatility and prevent outsized moves, even as USD/INR inches higher.
USD/INR Macro Drivers 1) Higher Oil Prices
Oil prices are gradually inching towards the $90 mark, which poses a remarkable challenge for the import-dependent Indian economy and the rupee by extension. Higher oil prices raise the crude oil import bill, create additional demand for the US Dollar (to pay for the product, which is priced in US Dollars on the international market), and also put additional current account pressure on the Indian economy. Higher energy prices also produce imported inflation, since virtually every industry runs on fossil fuels that are derived from crude oil. Higher oil prices automatically increase the price of energy derivatives on which these sectors run. Higher oil prices remain the strongest macro driver of the USD/INR.
2) Strong US Dollar Sentiment
Safe-haven demand for the US Dollar, as markets shift from capital appreciation to capital preservation, as well as the risk of imported inflationary pressures, keeps sentiment for the US Dollar strong. The situation drives US Treasury yields higher in anticipation of a more hawkish Fed policy to keep inflation under check. US economic data point to a resilient economy. As long as the sentiment on the US Dollar remains strong and higher energy prices weaken sentiment on the rupee, the USD/INR will stay supported.
3) RBI Intervention
The rupee’s value is also determined not just by forces of demand and supply, but by the policy measures of the Reserve Bank of India under the managed float system. The RBI continues to maintain and deploy a substantial foreign exchange reserve arsenal to defend the rupee to prevent any outsized moves. The RBI is reported to have used $100 billion in its interventionist moves over the course of the first phase of the US-Iran war. Policy actions include sales of US Dollars to handle rising demand, liquidity management, and forward market operations. These measures are meant to prevent disorderly market moves, but do not produce price reversals. Any retracements are usually dip-buying opportunities as long as the current situation persists.
Price Catalysts for the USD/INR 1) US Economic data and Treasury yields: The USD/INR’s direction is directly proportional to the direction of US Treasury yields and US economic data. Higher bond yields and stronger-than-expected US economic data will lead to a higher push on the USD/INR due to a reinforcement of US Dollar demand and capital flows into USD-denominated assets.
2) Brent crude prices: Oil price direction is also directly proportional to the USD/INR’s direction, as higher prices tend to cause a weakening of the rupee. Brent crude’s price remains the primary external price catalyst for the Indian rupee.
3) Foreign portfolio investment: The Indian stock and bond markets host a large percentage of their holdings from foreign portfolio investments. Whenever there are capital inflows, these must be converted from foreign currency such as USD into the local currency for deployment into the Indian markets. When there are net outflows, the investments must be liquidated and reconverted into foreign currency for exit into other destinations. A risk-off scenario driven by higher oil prices causes net capital outflows (rupee-negative). In comparison, net capital inflows that typically occur when the market is risk-on (lower oil prices) are rupee-supportive.
USD/INR Forecast Scenarios Base case: the bias favors a bullish pairing, as higher oil prices, safe-haven demand and stronger sentiment around the US economy and the US Dollar continue to provide structural support for the pair.
Bull case: if oil prices approach $100 a barrel (or higher), this will drive US bond yields higher and create a more risk-averse market situation. This will accelerate dollar demand and rupee weakness as India will have to battle with a much higher USD demand and a higher import bill. We will also see net capital outflows from foreign portfolio funds. In this scenario, USD/INR could mount a fresh challenge to hit new highs.
Bear case: if there is a geopolitical de-escalation, the oil risk premium dissipates. Lower oil prices mean that the risk of imported inflation is reduced. India will have a reprieve from its import bill status, and a risk-on market means foreign portfolio funds will re-enter Indian markets, all of which improve sentiment on the rupee and allow the USD/INR to retrace towards recent lows in a pullback move.
USD/INR Technical Outlook The price has bounced off the 95.24 support after the 10 July pinbar candle pullback was rejected by the bulls off that support line. This unlocked the current advance move that is well on its way to reclaim the 96.99 all-time high, which now serves as the next resistance.
A break of this resistance puts the pair on the path to the 27% Fibonacci extension of the 8 April – 20 May upswing at 98.32 as the next upside barrier. 99.87 is the 61.8% Fibonacci extension and comes into the picture if the bulls uncap 98.23.
Fig 1: USD/INR daily chart showing key price levels (snapshot taken on 20 July 2026) Conversely, a weakening of the current advance and subsequent breakdown of the 96.99 support allows for a retracement towards the 95.24 support level and site of the 10 July low. Below this, additional support is seen at 94.04, the site of the 7 May low and the 18 June/25 June double bottom pattern. This move is dependent on the bears taking out the dynamic support provided by the ascending trendline that has connected the price dips since 19 December 2025.
Meta Platforms (META 0.06%) is focusing on its AI development.
*Stock prices used were the afternoon prices of July 17, 2026. The video was published on July 19, 2026.
Parkev Tatevosian, CFA has positions in Meta Platforms. The Motley Fool has positions in and recommends Meta Platforms. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Meta Platforms (META 0.06%) stock rode the roller coaster last week, soaring as high as $686 per share intraday on Wednesday before giving back all its gains -- and that's OK. Closing the week a penny above $646 per share, Meta has returned to prices last seen in April.
As a direct result of Meta stock's rebound, CEO Mark Zuckerberg -- who owns 13.5% of Meta stock according to data from S&P Global Market Intelligence -- has become the fifth-richest person in the world. His estimated net wealth (by Bloomberg): $222 billion.
Image source: The Motley Fool.
What's driving Meta stock higher? This is quite the turnaround for Meta.
Shares of the social media company spent much of June in a profound slump until Zuckerberg announced, and Bloomberg reported, that Meta was considering pulling back on its artificial intelligence (AI) initiatives and pivoting toward cloud computing -- selling its computing capacity to other AI companies rather than trying to become an AI leader itself.
That may be the right decision.
Wall Street analysts estimate Meta could spend as much as $140 billion on capital investment this year, yet it has precious little to show for the investment. With Gemini, ChatGPT, and Claude to choose from, few AI users see a need for Meta's AI. As a result, BMO analyst Brian Pitz recently called Meta "the least visible AI ROI story."
But even if Meta can't capitalize on its capital investments to build a great AI business, it may be able to service customers who can. Last week, Yahoo Finance posited that a pivot to selling computing power to other companies' AI data centers could generate "billions of dollars" in annual revenue for Meta. On Friday, CNBC confirmed that the rumors may be true.
Meta is reportedly in "very preliminary talks to lease computing power from Meta." And if these talks lead to a contract, it could be worth up to $10 billion to Meta.
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How to value Meta stock Just the prospect of this happening was enough to lift Mark Zuckerberg back into the top five rankings of the world's wealthiest personages, trailing only Elon Musk, Larry Ellison, Sergey Brin, and Jeff Bezos (all of whom, by the way, are also involved in AI companies to one extent or another). But what does this mean for investors?
Priced at 24 times earnings after its share price surge, and expected to grow earnings at nearly 20% annually over the next five years, but paying only a meager 0.3% dividend yield, Meta stock isn't obviously cheap anymore -- but it's not far from fairly priced.
Investors do need to keep an eye on spending -- Meta's heavy capital spending means its free cash flow currently lags reported net income by about 30%. But if Meta can keep spending in check and monetize its investment by selling computing capacity to other AI companies, Meta could be a stock worth owning.
Coca-Cola (KO +0.69%) disclosed Thursday that a ransomware attack forced it to temporarily suspend U.S. production at Fairlife, its fast-growing dairy business, and the stock fell about 4% on Friday. For dividend investors, this looks like an operational headache -- not a threat to the payout.
Here's what happened. Fairlife identified unauthorized third-party access to portions of its systems, including production-related systems. The company halted U.S. production while it investigates with outside cybersecurity experts, though its Canadian operations continue unaffected. "Product quality and safety have not been impacted," Coca-Cola said in its press release about the incident. The full scope of the attack, the company acknowledged, is not yet known.
Image source: Getty Images.
How big is the hole? Fairlife matters more than a dairy brand might suggest. Its ultra-filtered milk and Core Power protein shakes have grown into a business that generated about $4 billion in retail sales in 2024, making it one of Coca-Cola's biggest growth stories of the past decade.
But scale is the key context here. Coca-Cola generated $12.5 billion of revenue in the first quarter alone. Even if U.S. Fairlife production stays offline for several weeks, the direct hit to Coca-Cola would be a small fraction of one quarter's revenue.
The dividend, meanwhile, rests on a much wider base. Coca-Cola raised its payout for a 64th consecutive year in February, lifting the quarterly dividend about 4% to $0.53 per share, and it paid shareholders $8.8 billion in dividends in 2025. At the current share price, the dividend stock yields about 2.6%. And the company generates the cash to back the payout -- management expects about $12.2 billion of free cash flow this year.
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The business also entered this mess with momentum. First-quarter organic revenue grew 10% year over year, and comparable earnings per share climbed 18% to $0.86.
The real checkpoint comes soon. Coca-Cola reports second-quarter results before the market opens on Tuesday, July 28. Expect management to address the attack directly -- how long production could stay down, what recovery will cost, and any change to the full-year outlook. That last item matters most.
Of course, ransomware is a legitimate operational risk, and shutdowns like this one can drag on longer than companies first expect. A prolonged outage would likely hand market share to rival dairy brands and take some shine off one of Coca-Cola's best growers.
But a six-decade dividend streak doesn't hinge on one brand's production line. Unless the July 28 report reveals damage far beyond what the company has described, the income case for Coca-Cola looks intact -- cyberattack and all.
Uber (UBER 0.34%) is trading at a relatively attractive valuation.
*Stock prices used were the afternoon prices of July 17, 2026. The video was published on July 19, 2026.
Parkev Tatevosian, CFA has positions in Uber Technologies. The Motley Fool has positions in and recommends Uber Technologies. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
LOS ANGELES, July 20, 2026 (GLOBE NEWSWIRE) -- Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, continues its investigation on behalf of Alphabet Inc. (“Alphabet” or the “Company”) (NASDAQ: GOOG) investors concerning the Company’s possible violations of the federal securities laws.
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On July 16, 2026, Bloomberg news reported that Alphabet’s Google is “months behind schedule on delivering Gemini 3.5 Pro, its most powerful flagship AI model” due to the Company’s ongoing coding efforts. Specifically, “[l]ate last month, Google updated the data being used to train Gemini in an attempt to improve [its] skills, but the results were disappointing.”
On this news, Alphabet’s stock price fell $16.40, or 4.4%, to close at $353.81 per share on July 16, 2026, thereby injuring investors.
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SYDNEY--(BUSINESS WIRE)---- $III #AI--Companies in Asia Pacific are incorporating Microsoft cloud and AI platforms into operating environments for compliance and competitiveness, ISG says.
Alphabet (GOOGL +1.54%) (GOOG +1.56%) and Microsoft (MSFT +2.21%) are two of the world's most prominent tech companies. Each has certainly earned their place among the Magnificent Seven. Both companies boast a portfolio of sticky products and services that generate massive cash flows.
These companies are also leaders in cloud computing and artificial intelligence (AI), which might be the two largest growth opportunities in tech for the foreseeable future. But which is better if you had to choose between the two?
Alphabet dominates the consumer-facing landscape, while Microsoft enjoys deep-rooted relationships with enterprises worldwide. In the end, it boils down to execution. Here's why that gives Alphabet a slight edge right now.
Image source: Getty Images
Alphabet's AI momentum is palpable Both companies are AI hyperscalers, pouring eye-watering amounts of capital into building data centers and other infrastructure to support widespread AI adoption. The pressure will only increase for these companies to monetize the infrastructure to justify spending the money. Alphabet is beginning to see the trickle-down impact of its AI investments. It has developed and integrated Gemini AI throughout Google Search, Android, and various software apps.
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Growth is accelerating across Alphabet, with revenue up 22% in the first quarter of 2026, compared with 12% a year ago. AI features, such as its AI overviews, are driving engagement in Google Search. Google's ad revenue increased 19% in the first quarter of 2026, versus 10% the prior year. Growth accelerated even more in Google Cloud, with revenue soaring 63% versus 28% a year ago, and operating profit more than tripling to $6.6 billion.
Microsoft has struggled to forge an AI identity of its own Microsoft took an entirely different approach to AI, initially investing in and partnering with OpenAI, the creator of ChatGPT. In one sense, it worked. Microsoft's approximately 27% stake in OpenAI is worth around $230 billion, and ChatGPT's immense usage has helped Microsoft grow its Azure cloud business. Commercial remaining performance obligations doubled to a whopping $627 billion. There's no doubt that it's been profitable.
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But the company's relationship with OpenAI has cooled over the past year. It has also left Microsoft without a notable AI identity of its own. It has integrated Copilot AI into its software products but has struggled to win users away from ChatGPT and Claude, despite Microsoft's deeply entrenched enterprise relationships. Copilot's sluggish adoption hasn't financially damaged Microsoft. Still, it seems like a missed opportunity at the very least.
Two tech stalwarts, but only one winner today Microsoft could absolutely gain in the AI race. Enterprises could begin to use Copilot more, especially after Microsoft's pivot toward using multiple models in Copilot. However, Alphabet is already executing at a high level, and Gemini has carved out a major slice of the consumer AI market, where it primarily competes. Alphabet will surely continue to go after enterprise market share as well, but that's gravy when you're already so strong in other areas.
Plus, Azure is already so large that Microsoft may eventually struggle to grow cloud revenue. On the other hand, Google Cloud is much smaller, and it can still move the needle for Alphabet as it continues to blossom. Wall Street analysts estimate that both companies will grow earnings by about 16% to 17% annually over the next three to five years. Microsoft is notably less expensive at 20 times forward earnings estimates, versus Alphabet at 24 times.
GOOGL PE Ratio (Forward) data by YCharts
Alphabet and Microsoft are both remarkable companies and among the best in their respective fields. Choosing between them is like picking your favorite child. That said, being a long-term investor is about thinking years ahead and gauging which company is more likely to maintain its competitive edge. Even though Microsoft trades at a more attractive valuation right now, Alphabet's momentum with Gemini gives it the edge. But ultimately, it's hard to go wrong owning both.
Boeing CEO Kelly Ortberg said the global aerospace company has begun early work on a possible new airplane design but is not yet ready to move forward.
Ortberg, who became president and CEO in August 2024, said Boeing is spending "time and money" evaluating its options and preparing to introduce a new design when the company is ready, according to The Wall Street Journal.
"We don’t have a firm configuration right now," Ortberg said ahead of the Farnborough International Airshow near London. "We’re evaluating trade studies. You create a baseline, and you evaluate things against the baseline, and then you change."
TRUMP ANNOUNCES CHINA WILL BUY 200 BOEING JETS AFTER XI TALKS: ‘A LOT OF JOBS’
Boeing CEO Kelly Ortberg speaks during a media event at the company’s delivery center in Seattle on Jan. 7, 2026. (M. Scott Brauer/Bloomberg via Getty Images)
Before launching a new airplane, Boeing wants to improve its finances, develop the necessary technology and deliver aircraft that are already behind schedule, Ortberg said.
"Certainly, getting our financial house in order is a part of our being ready," Ortberg said. "That’s going to take another couple years."
Boeing is currently focused on delivering delayed models, including its long-awaited 777X wide-body jet, The Wall Street Journal reported.
UPS SAYS BOEING GUIDANCE LED CARRIER NOT TO ADOPT ENHANCED MD-11 INSPECTIONS BEFORE FATAL CRASH
The Boeing Co. chalet is seen at the Farnborough International Airshow in Farnborough, England, on July 20, 2026. (Betty Laura Zapata/Bloomberg via Getty Images)
"Orders are not our challenge," Ortberg said. "Our challenge is getting these orders delivered."
Boeing also kept the 777X in the U.S. rather than conducting demonstration flights at the Farnborough airshow while the aircraft awaits Federal Aviation Administration (FAA) certification, according to The Wall Street Journal.
The FAA could approve Boeing’s 737 MAX 7 as soon as late July. Ortberg said he expects the larger MAX 10 to follow not long afterward, the outlet reported.
Stocks In This Article: AIRLINES WARN CHANGING DAYLIGHT SAVING TIME WOULD DISRUPT SCHEDULING
The Boeing logo is displayed outside the company’s chalet at the Farnborough International Airshow in Farnborough, England, on July 20, 2026. (Betty Laura Zapata/Bloomberg via Getty Images)
Ortberg said airline customers want Boeing to focus on improving production and reliability across its current lineup before introducing a new jet, according to CNBC.
Boeing and Airbus dominate the large commercial aircraft market, and a future Boeing airplane could help the company compete with Airbus’ A320 family, the outlet reported.
The comments come as Boeing adds to its order book. In May, President Donald Trump said Chinese President Xi Jinping had agreed to order 200 Boeing jets during a high-level meeting in Beijing.
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Boeing could not immediately be reached by FOX Business for comment.
Bank Earnings Are Roaring, But Wall Street Isn't Ready to CelebrateNVIDIA NASDAQ: NVDA used its 2026 SIGGRAPH Research Keynote to outline a broad push to combine computer graphics, simulation and artificial intelligence, including a new DLSS 5 technology for real-time rendering, advances in AI-assisted physics simulation and new additions to its Cosmos world foundation model platform for physical AI.
The keynote opened with NVIDIA framing computer graphics as entering “a new era,” with AI increasingly tied to rendering, simulation, robotics and digital twins. Jensen, who introduced the session, said NVIDIA’s history at SIGGRAPH has included programmable GPUs, CUDA, RTX and Omniverse, and argued that virtual worlds will be central to training robots before they operate in the real world.
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2 Quantum Stocks That Could Challenge IonQ’s Leadership“Before robots operate in the real world, they will learn in virtual worlds with synthetic experiences,” Jensen said. “That is why computer graphics matter more than ever.”
DLSS 5 Targets Real-Time Photorealism Edward Liu, NVIDIA’s Director of Applied Deep Learning Research and the technical leader behind DLSS, introduced DLSS 5, describing it as a new generation of the company’s AI rendering technology. Liu said DLSS 5 uses traditional rendering as a foundation, then applies generation to enrich the final appearance of the image in real time.
The SK Hynix IPO and 2027’s AI Memory Squeeze“The renderer keeps building the world exactly as the game has authored it,” Liu said. “The generation becomes the learned stage afterwards to enrich its appearance.”
Liu said DLSS 5 is intended to combine the controllability of rendering with the photorealistic knowledge learned by generative models. He emphasized that the technology is not designed to replace graphics pipelines, but to extend them. He described DLSS 5 as adding a third category of AI use in real-time rendering, alongside reconstruction and function approximation.
According to Liu, NVIDIA had to address three core challenges: preserving artistic intent, maintaining temporal coherence frame by frame and fitting within the tight performance budget of real-time games. He said the model uses renderer outputs and internal buffers such as albedo, surface normals and lighting information to preserve details that are important to a scene, while enhancing elements such as subsurface scattering, material response, contact shadows and environment lighting.
Liu said DLSS 5 runs causally, “one frame in, one frame out,” without looking ahead, and was distilled into a smaller one-step pixel-space diffusion transformer model focused specifically on making real-time rendering appear more realistic. He said DLSS 5 is “shipping this fall.”
Artists Get Controls Over AI-Enhanced Frames Gaff, described as a creative artist, demonstrated how developers and artists can direct DLSS 5. He said the technology respects the original rendered frame and does not change geometry, but can uplift images by improving contrast, ambient occlusion, contact shadows, reflections and subsurface scattering.
Gaff showed controls including different models, structure intensity and tone intensity. He said developers can choose different models for different scenes or cut scenes, and can use masks to apply DLSS 5 effects to specific characters, props or parts of an environment.
“DLSS 5 is fully controllable from the developer,” Gaff said, adding that NVIDIA is working with partners to incorporate feedback so the technology can serve artists, art directors and creative directors.
NVIDIA Highlights AI Physics for Simulation Neil Ashton discussed physics-based simulation and how AI could help reduce the computational cost of high-fidelity simulations. He pointed to a large climate simulation running on more than 20,000 GPUs at one-kilometer resolution and a 50 billion-cell grid, calling it an example of the accuracy possible with physics-based methods but also a reminder of their cost.
Ashton said AI models trained on simulation data are already being used in weather and climate, where they can predict future weather in seconds or minutes compared with hours or days. He said weather centers now use AI models in production, and highlighted StormScope as an advanced AI model trained on satellite and observation data for storm prediction.
He also described applying similar methods to engineering simulations, such as airflow over aircraft. Ashton said an open dataset of roughly 2,000 aircraft simulations generated about 200 terabytes of data, while the trained model checkpoint was about 200 megabytes. He said the model could predict unseen geometries or boundary conditions more than 10,000 times faster, with accuracy within about 1% or 2%.
Cosmos Platform Expands for Physical AI Ming Liu, VP of the Cosmos Lab at NVIDIA, said physical AI faces a data problem because robots need to learn from the real world, but real-world data is slow to collect. He described Cosmos as NVIDIA’s world foundation model for physical AI developers, designed to provide better data, better environments and better starting points.
Liu said Cosmos can support world understanding, prediction, simulation and action using one shared representation, based on the idea that physical AI tasks draw from the same physics. He described a mixture-of-transformers architecture with an autoregressive tower for reasoning and a diffusion tower for generation, aligning language, vision, audio and action.
Liu announced Cosmos 3 Edge, a four-billion-parameter model built to run real time on devices such as Jetson Thor, RTX and DGX Spark. He said it is intended to enable robot policy and video analytics without a round trip to a data center. NVIDIA also demonstrated a robot arm and camera connected to Jetson Thor running Cosmos 3 Edge policy for real-time control.
Liu also announced Cosmos Dreams, described as neural closed-loop simulators. The first version is designed for autonomous vehicles, generating what vehicle sensors will see based on actions taken by a policy model. In a live demo, Andy showed an autonomous driving simulation generated from a single frame and controlled with a PS5 controller, running on a single RTX 6000 Ada Generation workstation GPU.
Liu said Cosmos Dreams can be used for policy verification and training by generating scenarios that are difficult to craft in the real world. He said Cosmos is being used across NVIDIA efforts including Metropolis VSS, Isaac, Optane and GR00T, and invited developers and partners to join the Cosmos platform.
About NVIDIA (NASDAQ:NVDA)NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.
The company's product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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TV specialist Netflix (NFLX 1.99%) reported its second-quarter results on Thursday, and the report itself was uneventful. Revenue rose 13% year over year to $12.6 billion, matching management's forecast, and operating margin came in slightly ahead of plan.
Shares still fell about 7% on Friday, to $68.95 -- within a few dollars of their 52-week low.
The drop extends a miserable stretch. Netflix stock has lost more than 40% of its value over the past year, and it's down about 46% from its 52-week high of $126.71.
The sell-off has also produced a valuation that would have seemed unthinkable a year ago. The streaming giant trades at about 22 times earnings.
So, is the beaten-down growth stock finally a bargain?
Image source: Netflix.
A solid quarter by almost every measure There wasn't much to criticize in the report. Second-quarter revenue growth was driven primarily by membership growth, pricing, and increased ad revenue, and the company delivered double-digit gains in every region. Operating income rose 11% year over year to $4.2 billion, though the company's operating margin of 33.4% narrowed slightly from 34.1% in the second quarter of 2025. And earnings per share climbed 11% year over year to $0.80.
The full-year outlook is intact, too. Management narrowed its 2026 revenue forecast to a range of $51.0 billion to $51.4 billion, representing 13% to 14% growth, and it kept its operating margin target of 31.5%, up from 29.5% in 2025.
That forecast implies operating income growth of more than 20% this year. Netflix also still expects a rough doubling of its advertising revenue in 2026, to about $3 billion.
And the company is notably returning cash to shareholders at a record pace. Netflix repurchased $4.7 billion of its stock in the second quarter (its largest quarter of buybacks ever), and it still has $27.1 billion of repurchase capacity after its board added $25 billion to the program in April.
Clearly, the business itself is doing fine.
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The problem is the trend The problem is Netflix's growth trajectory. In the fourth quarter of 2025, revenue grew 17.6% year over year. Growth slowed to 16.2% in the first quarter of this year, then to 13.4% in the second. And management's third-quarter forecast calls for growth of about 12%.
Each step down is small. But that's three straight quarters of deceleration, with no floor yet in sight -- and some of it, I suspect, is simply the arithmetic of size catching up with the company.
Investors paid a premium for Netflix stock for years because its growth rate kept defying its size. As the growth rate has come down, the market has been repricing the stock from a premium growth story to something closer to a maturing one.
There is a caveat to the 22-times-earnings figure, however. Netflix's trailing profits include a one-time $2.8 billion termination fee the company collected in the first quarter after its deal for Warner Bros. Discovery's studio assets fell apart, and that windfall flatters the multiple.
Shares trade at about 20 times forward earnings. For a company forecasting operating income growth of more than 20% this year, that's arguably a fair price -- maybe even a modest one. But a multiple like this only stays fair if growth stabilizes somewhere near management's forecast. Valuations built on decelerating growth can keep compressing.
Of course, there are also reasons to wonder whether it stabilizes. Members watched more than 97 billion hours on the service in the first half of 2026, up 2% year over year. That's healthy engagement, but pricing is still one of the main drivers of revenue growth these days. The company also describes the entertainment industry as "dynamic and competitive," and it's fighting for viewing time against deep-pocketed rivals.
So, with shares a few dollars off their low and the froth mostly gone, is it finally time to buy? Not for me. The valuation is the most reasonable it has been in years, but the one thing that would make me comfortable paying even 20 times forward earnings (evidence that the growth step-down is leveling off) isn't in the numbers yet. After all, management's own forecast says the slowdown continues at least through the third quarter.
I'll keep watching for that floor. If revenue growth stabilizes in the low double digits while the operating margin keeps expanding, today's price could look cheap in hindsight. But until the trend turns, I'm staying on the sidelines.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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On a recent episode of the All-In Podcast, co-host David Sacks discussed two issues facing tech investors: why companies should be cautious about inviting government regulation and how to interpret the reported Stripe and Advent joint takeover offer for PayPal at a price of roughly $60 per share.
Sacks, the White House AI and Crypto Czar and a longtime Silicon Valley investor, argued that tech executives who ask Washington to regulate their industries might end up ceding more control than they expect and hurt the entire industry in the process. “When you go to the government and say, please regulate me, you know, you should have more power, there’s hardly anyone in government who will ever say, oh no, no, no, we’re not qualified,” he said. His warning to founders and boards is that once oversight is offered up, the government will “come back for more and more and more until it’s fully under government control.”
“Grow a Spine:” Sacks Warns Tech Leaders Against Inviting Regulation Sacks urged tech leaders to “grow a spine” and draw a firm line on scope. His view is that a self-regulatory organization can be workable, but only if companies demand legal preemption in exchange for any SRO framework, rather than offering oversight freely.
For investors, regulatory posture is now a material input into fintech and AI platform valuations. Payments companies sit at the intersection of consumer protection, banking, AI agent commerce, and stablecoins, which are all potential avenues for Washington to add more regulation.
Stripe and Advent Reportedly Open With a $60/Share Bid for PayPal Co-host Jason Calacanis said on the same segment that Stripe and private equity firm Advent are jointly offering roughly $60 per share to acquire PayPal, with Block potentially joining the bid. Calacanis described the $60 level as a low opening bid, with most observers expecting a final price closer to $70.
PayPal (NASDAQ:PYPL | PYPL Price Prediction) trades around $56.56, with a market capitalization near $49.89 billion. Shares are up 22.11% over the past week and 34.41% over the past month, though still down 22.76% over one year. In its Q1 FY2026 report, PayPal posted non-GAAP EPS of $1.34 on revenue of $8.353 billion, up 7.2% year over year, with total payment volume of $463.95 billion across 439 million active accounts.
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Prediction Markets See a 69% Chance PayPal Gets Acquired Prediction markets on Polymarket now imply a 68.5% probability that PayPal is acquired before 2027, a 52.5% probability that Stripe acquires any part of PayPal in 2026, and only a 30.1% probability of a full Stripe-PayPal deal in 2026.
Chamath Palihapitiya noted that the deal’s complexity shifts significantly depending on whether Block is involved, and that media reporting has been inconsistent on this point. PayPal’s ew CEO Enrique Lores said he is “energized by the opportunity to improve execution and accelerate PayPal’s growth” and is “taking deliberate steps to sharpen our strategy, simplify our organization, and improve both our growth trajectory and cost structure.”
Block Could Join the Bid and Complicate the Entire Deal Block (NYSE:XYZ), Jack Dorsey’s parent for Cash App, Square, and Afterpay, sits at roughly $79.94 per share and is up 22.81% year to date. Q1 FY2026 delivered adjusted diluted EPS of $0.85 and Cash App gross profit of $1.91 billion, up 38% year over year. Management raised FY2026 guidance to gross profit of $12.33 billion and adjusted diluted EPS of $3.85.
Chamath’s point about Block matters because Cash App competes directly with Venmo. If Block joins the consortium, antitrust review lengthens and the deal shape changes, which is why the partial-acquisition Polymarket sits materially above the full-deal contract.
What to Watch Sacks’s broader message is that companies should negotiate carefully with both regulators and potential buyers. Tech leaders should seek federal preemption before supporting new regulations, while PayPal investors should watch whether the reported $60 opening offer is confirmed and eventually moves closer to the roughly $70-per-share price observers expect.
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Investors are increasingly concerned about the risks that AI poses to Salesforce (CRM +1.80%).
*Stock prices used were the afternoon prices of July 18, 2026. The video was published on July 20, 2026.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Salesforce. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
EURUSD currency pair recently reversed from the resistance level 1.1465 (top of earlier wave a) intersecting with the 50% Fibonacci correction of the downward impulse from June.
The downward reversal from the resistance level 1.1465 (also strengthened by the upper daily Bollinger band) started the active impulse wave iii.
Given the clear daily downtrend, EURUSD currency pair can be expected to fall further to the next support level 1.1370 (low of earlier wave b).
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GBP/CAD has spent the past few weeks tracing out a clean five-wave rally on the 1-hour chart, and now the pair looks to be working through the correction that typically follows a completed impulse. Here’s a breakdown of the structure and what it could mean for the path ahead.
The Rally: A Textbook Five-Wave Advance
Starting from the June 22 low near 1.863, GBP/CAD pushed higher in a sequence that fits the classic five-wave impulse pattern:
Wave (i) kicked off the advance, followed by a shallow wave (ii) pullback that held well above the starting point. Wave (iii) was the strongest leg of the move, itself breaking down into a smaller five waves (i–v) as the pair accelerated toward the 1.895–1.900 area. Wave (iv) brought a brief, contained dip before buyers stepped back in. Wave (v) carried price to the cycle high just above 1.905, completing the five-wave structure and marking the top of the rally. That high represents the point where the bullish impulse likely finished, opening the door for a corrective pullback.
The Correction: An A-B-C (ZigZag) Pattern Taking Shape
What is an A-B-C (ZigZag) Pattern?
The image below illustrates an A‑B‑C Zigzag structure, similar to the one highlighted on the GBPCAD chart above.
A Zigzag structure in Elliott Wave Theory is a sharp three‑wave corrective pattern labelled A‑B‑C, with a distinct 5‑3‑5 subdivision. It represents a counter‑trend move and is one of the most common corrective formations.
Wave A → 5 sub‑waves (impulsive decline or rise depending on trend). Wave B → 3 sub‑waves (a smaller counter‑move). Wave C → 5 sub‑waves (another impulsive move, usually equal to or longer than Wave A). Trading Insights
Zigzags often signal continuation after correction, making them useful for identifying re‑entry points in the direction of the larger trend. Traders watch for Blue Box zones (high‑probability reversal areas) to align entries with the end of Wave C. Recognizing zigzags helps avoid mistaking them for trend reversals—they are corrective pauses, not new dominant trends. Now that we understand what a Zigzag correction is, we can clearly connect that concept to the corrective structure shown in the GBPCAD chart above.
Since topping out, GBP/CAD has been unwinding in a standard three-wave (A-B-C) correction:
Wave (a) dropped sharply off the highs, retracing a large chunk of the prior advance. Wave (b) brought a corrective bounce back up toward the 1.903 area — a classic “relief rally” that retraces part of wave (a) without exceeding the prior high. Wave (c) is now underway, pressing the pair back down toward the 1.884–1.876 zone, with a key Fibonacci extension level sitting around 1.876. As of the most recent update, price is trading around 1.884, right in the area where wave (c) is expected to find support and complete the pullback.
What Comes Next
Based on this count, the correction is viewed as a buying opportunity rather than a setup to sell. The expectation is for GBP/CAD to carve out a smaller, choppy dip-and-recovery pattern near current levels before turning back higher, targeting a resumption of the broader uptrend. A key support/invalidation zone sits down near 1.863 — a break below that level would call the entire bullish wave count into question.
The Final Leg Down Completed as Expected
Zooming into the internal structure of wave ((c)), price carved out a clean five-wave decline (labeled (i) through (v)) that bottomed right at the extreme of the expected support zone, just above 1.880. That low landed almost exactly on the invalidation level near 1.88016, which is precisely the kind of reaction technicians look for — a move that reaches into a well-defined support area, taps it, and reverses rather than breaking cleanly through it.
That low marks the completion of the entire corrective sequence from the 1.905 high: wave ((a)) down, wave ((b)) bounce back toward 1.903, and wave ((c)) down into the 1.880 extreme.
A Sharp, Decisive Reaction
What stands out most on this update is the strength of the reaction off that low. Rather than a slow, grinding recovery, GBP/CAD snapped back aggressively, rallying from the 1.880 extreme up through 1.890 and on toward the 1.900–1.902 area in a single strong push — essentially retracing the entire wave ((c)) decline in short order. That kind of sharp, impulsive reaction off a support extreme is typically read as a sign that the corrective phase has genuinely finished and that sellers were overwhelmed at the low.
Why the Extreme Mattered
This is a good example of why the 1.876–1.884 zone was flagged as the key area to watch in the first place. It wasn’t just a round-number guess — it lined up with:
The Fibonacci extension target near 1.876 The internal five-wave count of wave ((c)) reaching a natural completion point A structural invalidation level just below 1.880 that, as long as it held, kept the broader bullish wave count intact Price respected that confluence, printed the low, and turned — which is exactly the kind of reaction that gives a wave count credibility.
Bottom Line
GBP/CAD did exactly what the prior wave count anticipated: it pushed into the extreme of the support zone, completed a five-wave decline into that area, and reacted sharply higher — a textbook reaction at the extreme that reinforces the case for a resumption of the uptrend.
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Realty Income is a premier net lease REIT with exceptional scale, high occupancy (98.9%), and a 31-year dividend growth streak. O's valuation appears full after a recent rally, with limited upside absent a material decline in interest rates; I initiate with a Hold rating. Consistent AFFO/share growth (2–4% annually) and strategic partnerships diversify income, but AFFO growth lags peers like ADC and EPRT.
Palantir (PLTR +2.06%) is scheduled to report quarterly financial results that could have huge implications.
*Stock prices used were the afternoon prices of July 17, 2026. The video was published on July 19, 2026.
Parkev Tatevosian, CFA has positions in Palantir Technologies. The Motley Fool has positions in and recommends Palantir Technologies. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Shares of AMC Entertainment (AMC +27.32%) soared on Monday after the movie theater leader posted a surprise profit.
Image source: Getty Images.
Better-than-expected Q2 results AMC's total revenue rose 14% year over year to $1.6 billion in the second quarter.
Attendance trends were strong, with six films generating domestic opening weekend grosses of more than $75 million.
"The momentum in the total industrywide domestic box office was undeniable, reaching approximately $2.99 billion, up 10.7% from last year's second quarter, making this the biggest box office quarter in seven years and the fifth biggest quarter ever," AMC CEO Adam Aron said.
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Moreover, the operating leverage inherent in the theater chain's business model was on full display. AMC's adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) surged 70% to $321 million.
The cinema company's operating cash flow also jumped 70% to $235 million. AMC, in turn, produced $190 million in free cash flow, which helped to bring its cash reserves to $778 million as of June 30.
All told, AMC's adjusted net earnings improved to $104 million, or $0.14 per share, from a loss of $0.5 million in the year-ago quarter. That was well above Wall Street's estimates, which had called for a loss of $0.06 per share.
2026 is set to be a good year at the box office AMC's increased profitability, combined with recent share offerings, is enabling it to strengthen its balance sheet by paying down debt. That's reducing the company's interest expenses, which is further bolstering its cash flow generation. In all, AMC has paid off a whopping $1.7 billion in debt since the end of 2020.
Better still, the recent blockbuster-like performance of Christopher Nolan's The Odyssey bodes well for an exciting slate of upcoming films, including Spider-Man: Brand New Day, Dune: Part Three, and Avengers: Doomsday.
"We believe that movie theatres will enjoy, in the full twelve months of 2026, their strongest yet post-pandemic year, at both the domestic and the global box office," Aron said.
*Stock prices used were the afternoon prices of July 18, 2026. The video was published on July 20, 2026.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
ServiceNow (NOW +1.60%) aims to be the AI control tower for the enterprise.
*Stock prices used were the afternoon prices of July 18, 2026. The video was published on July 20, 2026.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends ServiceNow. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
One white-hot segment at the intersection of the tech and cryptocurrency sectors did very well for investors as the trading week kicked off. Crypto miners, which as a group have pushed harder into the lucrative field of data center operations, saw their stocks rise sharply on Monday.
This rally, which helped lift Mara Holdings (MARA +8.84%) by more than 9%, was driven by two fresh multi-billion-dollar deals announced by segment players that day.
Mining a different strategy The first of those two announcements was trumpeted by Iren, once upon a time a company known almost exclusively as a Bitcoin miner.
Image source: Getty Images.
Iren revealed, no doubt with immense satisfaction, that it had signed a set of multi-year contracts with top artificial intelligence (AI) developers, under which it'll provide compute capacity to those clients. With that strong tailwind at its back, Iren raised its annual AI cloud run rate revenue guidance from $3.7 billion to over $4 billion.
Not to be outdone, peer and rival Hut 8 announced that it had signed a new lease with a tenant at its Beacon Point data center complex in Texas. This contract, the second lease with the tenant, is worth $9.8 billion and has a 15-year term. Hut 8 did not divulge the identity of its counterparty.
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A series of serious lifts Mara Holdings wasn't directly involved in either of these deals, but it didn't need to be. On the market, a rising tide often lifts all boats. The company is similar in business activity and shares the pivot-into-AI-data-center strategy successfully being implemented by Iren and Hut 8.
While I think the foundational Bitcoin mining business will continue to be up and down for Mara Holdings, it's clear that its data center operations can be quite the powerful motor of growth. I don't blame investors for being very bullish on the prospects of pivoting crypto miners generally, and this company specifically.
Eric Volkman has positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has a disclosure policy.
Lucid Group (LCID - Free Report) closed at $7.11 in the latest trading session, marking a -3.4% move from the prior day. The stock's change was less than the S&P 500's daily loss of 0.19%. Elsewhere, the Dow lost 0.59%, while the tech-heavy Nasdaq lost 0.05%.
Shares of the an electric vehicle automaker have appreciated by 37.31% over the course of the past month, outperforming the Auto-Tires-Trucks sector's loss of 2.3%, and the S&P 500's gain of 0.55%.
The upcoming earnings release of Lucid Group will be of great interest to investors. The company's earnings report is expected on August 4, 2026. The company is forecasted to report an EPS of -$3.04, showcasing a 8.57% downward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $323.31 million, up 24.62% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$11.87 per share and revenue of $1.75 billion. These totals would mark changes of +1.82% and +28.91%, respectively, from last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Lucid Group. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 10.36% fall in the Zacks Consensus EPS estimate. Right now, Lucid Group possesses a Zacks Rank of #4 (Sell).
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. With its current Zacks Industry Rank of 163, this industry ranks in the bottom 34% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
