Market news
Crypto, stocks, forex and macro, aggregated for traders.
CXMT Soars 465% on Debut, Becomes China's Most Valuable Listed Company
Memory chipmaker CXMT closed its first trading day with a 465% surge, vaulting its market cap from $85.5 billion to nearly $500 billion and making it the most valuable publicly traded company in China.
S&P 500 Closes Lower for Second Straight Week as Risks Mount
US stock indices logged a second straight weekly loss, the first such streak since March, as markets contended with geopolitical tensions and shifting rate expectations.
Webull Adds AI Sandbox to Paper Trading After 204M Orders
Webull is upgrading its paper trading platform to support stocks, options, crypto, futures, bonds and event contracts, while opening the simulated environment to developers through OpenAPI.
Extreme Bullishness Warning Flashes as Tech Rotation Deepens, Blue Chips Rally
Hedge funds are rapidly reducing AI exposure ahead of earnings season, fueling a rotation from tech into blue chips while an extreme bullishness indicator triggers a caution signal.
Checkout.com Wins Provisional UAE Approval as Revolut and Remitly Move Ahead With Full Licences
Checkout.com has received in-principle approval from the Central Bank of the UAE for a stored value facilities licence. The provisional clearance paves the way for the firm to combine issuing with its existing acquiring business.
Earnings and Fed keep equity risk balanced, says Deutsche Bank
Deutsche Bank strategists observed mixed global equity performance as the S&P 500 slipped for a second week while European and some Asian markets gained, and US futures ticked higher.
PayPal receives $60.50 takeover bid from Stripe, Advent ahead of earnings
PayPal was offered a $60.50-per-share takeover by Stripe and Advent International just before its scheduled July 28 earnings report, shifting market focus.
Nasdaq Sell-Off Resumes as Premarket Resilience Evaporates
The Nasdaq faced renewed selling pressure on Friday, mirroring the previous session's pattern. Premarket strength quickly gave way to declines after the opening bell.
S&P 500 Net Profit Margin Set to Hit 15.7% in Q2 2026, a 17‑Year High
The S&P 500's net profit margin is on track to rise to 15.7% for the second quarter of 2026, the highest level since 2009, marking a tenth straight quarterly gain.
Robinhood’s Tokenized Assets Surge Fivefold, Clears…
Robinhood Chain's tokenized real-world assets have grown fivefold to $70 million, with daily tokenized stock trading volume reaching $55 million, though memecoins still dominate the network's $600 million daily DEX volume.
Nvidia, Naver, Brookfield Plan $10B AI Data Center Expansion in South Korea
Nvidia, Naver and Brookfield will invest up to $10 billion to expand their South Korean AI data center from 55 MW to 200 MW by 2028, targeting gigawatt-scale capacity. President Lee also announced $950 billion in AI initiatives.
Ex-Volkswagen Engineers Arrested in Rivian JV Insider Trading Case
Two former Volkswagen engineers were arrested for insider trading ahead of the $5 billion joint venture announcement with Rivian, highlighting regulatory focus on M&A-related trading.
Dow Jones Rises on Tariff Rumors
The Dow Jones Industrial Average gained about 325 points, trading near 52,000, amid a report suggesting possible tariff developments.
AI Trade at Crossroads as Hyperscaler Concerns Mount: Commerzbank
Commerzbank's Marco Stoeckle says AI euphoria is fading, with Mag 7 hyperscalers facing cash flow and leverage issues, while semiconductor stocks saw parabolic gains before a sharp reversal.
Intel Erases 15% Post-Earnings Rally, Falls 4% on Day
Intel stock reversed its post-earnings gains, falling 4% and erasing $90 billion in market cap since yesterday afternoon.
SLB Sees Q3 Revenue Up 3-4%, EBITDA Margin Expansion of 75bps
SLB (Schlumberger) guided for Q3 global quarter-over-quarter revenue growth of 3% to 4%, along with adjusted EBITDA margin expansion of about 75 basis points. Core business sales are expected to rise by low-to-mid single digits, and the company aims to expand its role in data center power and cooling.
FINRA Fines tastytrade $850,000 Over Best Execution Failures
FINRA fined and censured tastytrade $850,000 over best execution failures, saying the broker routed all equity orders to five market makers without benchmarking execution quality against other venues.
SLB Beats Q2 Earnings and Revenue Estimates
SLB reported Q2 earnings of $0.55 per share, surpassing the Zacks Consensus Estimate of $0.51 per share, though down from $0.74 a year ago.
NextEra Q2 EPS Beats, Revenue Misses; FY Guidance Tightened
NextEra Energy reported Q2 2026 adjusted EPS of $1.15, beating estimates of $1.13, while revenue of $7.53B fell short of the $8.05B consensus. The company updated its FY adjusted EPS guidance to a range of $3.92-$4.02, tightening the previous $3.63-$4.00 range and targeting the top end.
NextEra Energy Q2 2026 Adj EPS Beats, Revenue Misses; FY Guidance Raised
NextEra Energy reported Q2 2026 adjusted EPS of $1.15, above the $1.13 estimate, while operating revenue of $1.53 billion missed the $8.05 billion consensus. The company raised the low end of its FY 2026 adjusted EPS guidance to $3.92-$4.02 and targets the top end.
Dow Jones Futures Edge Higher as Oil Retreat Tempers Geopolitical Jitters
Dow Jones futures rose 0.35% to around 52,070 during European trading on Friday, while S&P 500 and Nasdaq 100 futures also posted modest gains as cooling oil prices offered some relief amid persistent geopolitical risks.
Deutsche Bank: Oil Surge and Tech Earnings Woe Slam S&P 500, Nasdaq
A Deutsche Bank note points to sharply lower S&P 500 and Nasdaq as oil spikes and stagflation fears batter risk assets, with disappointing post-earnings moves in Tesla and Alphabet dragging the Mag 7 to its worst daily drop on record.
Intel, AMD, Infosys Headlines: Data Center Demand Drives Gains
Intel shares rose 3.5% on a stronger-than-expected revenue forecast fueled by data center demand. AMD unveiled new data center products it claims outperform Nvidia, while Infosys trimmed its sales forecast and named a new CEO.
GE Healthcare Reports Preliminary Q2 Revenue Above Estimates, CFO to Step Down
GE Healthcare posted preliminary Q2 revenue of $5.30 billion, slightly above the $5.26 billion expected. The company sees adjusted EPS year-over-year growth above expectations, reaffirmed guidance from April 29, 2026, and announced CFO James Saccaro will step down.