Market news
Crypto, stocks, forex and macro, aggregated for traders.
Top 10 US Stocks Now 43% of S&P 500 Market Cap, Near Record High
The top 10 companies in the S&P 500 now account for 43% of the index's total market capitalization, close to an all-time high. Concentration has doubled in a decade, while the smallest 250 firms have shrunk to just 7%.
Micron Boosts US Semiconductor Investment to $250B+
Micron plans to invest up to $3 billion to strengthen the US semiconductor supply chain and raises its total planned US investment to over $250 billion through 2035, expecting to create over 90,000 jobs. The stock rose over 6% on the day.
OpenAI Launches GPT-Live Full-Duplex Voice Model
OpenAI has introduced GPT-Live, a new voice model with full-duplex architecture that allows simultaneous listening and speaking, integrated into ChatGPT's Conversation mode.
S&P Emini Futures Test Support at 7490/85, Bounce After Stop Below 7475
Emini S&P September futures tested strong support at 7490/7485, with longs stopped below 7475 before a bounce from just under that level.
Goldman Sachs: Equities Face Earnings Test as AI Capex Reshapes Leadership
Goldman Sachs' chief global equity strategist outlines a nuanced roadmap for the equity rally, noting that AI capital expenditure is altering market leadership and the upcoming earnings season will test the trend.
S&P 500 Q2 Earnings Expected to Surge 24% YoY
Total Q2 earnings for the S&P 500 are projected to rise 24.0% year-over-year on 11.3% higher revenues, with 11 of 16 Zacks sectors reporting positive growth.
Deutsche Bank: Stagflation Weighs on US Equities, Chip Stocks Outperform
Deutsche Bank strategists note US equities weakened amid stagflation concerns, with the S&P 500 falling broadly while the Philly semiconductor index showed relative strength.
Tech stock volatility ratio hits 23-year high
The ratio of Nasdaq 100 volatility (VXN) to S&P 500 volatility (VIX) has reached 1.7, the highest in 23 years, surpassing levels seen during the 2008 Financial Crisis.
Commerzbank Expands Partnerships with Google Cloud and Microsoft
Commerzbank is integrating Google Cloud's Gemini Enterprise and Microsoft 365 Copilot into its daily operations to boost efficiency and reduce costs, as the German lender accelerates its digital transformation.
Revolut Hires Ex-Chase UK Boss Kuba Fast to Lead Its European Bank
Revolut has appointed Kuba Fast, former CEO of Chase UK, to lead Revolut Bank UAB and serve as its CEO for Europe. The move comes as the fintech expands its banking operations after securing a UK licence.
Merrill Managed Account Advisors Surpasses $1 Trillion
Merrill's Managed Account Advisors (MAA) platform has surpassed $1 trillion in client assets, marking 20 years since its launch in 2006.
Costco June Net Sales Surge 10.6% to $29.24 Billion, Declares Dividend
Costco reported June net sales of $29.24 billion, up 10.6% year-over-year, and declared a quarterly dividend of $1.47 per share.
Honeywell Updates 2026 Guidance After Reverse Stock Split
Honeywell Technologies updated its 2026 adjusted EPS guidance to $7.9-$8.3 following a reverse stock split, while maintaining full-year sales at $19.9B-$20.2B and free cash flow at $1.8-$2.1B.
S&P 500 Stalls in Complex Fourth Wave, Eyes Breakout Levels
An Elliott Wave analysis suggests the S&P 500 may bounce to $7,440–7,525 before declining to $6,840–7,075.
Dow Jones Drops 700 Points as Ceasefire Optimism Fades
The Dow Jones Industrial Average opened near its session high of 52,847 but then fell 700 points, reversing three weeks of optimism tied to ceasefire hopes.
KORU Pullback Nears Support Zone as Buyers Eye Reversal
The Direxion Daily MSCI South Korea Bull 3X ETF (KORU) has pulled back into a key technical demand area, with traders watching for a potential upward reversal.
Dow Jones Hits Record High Ahead of Critical Earnings Season
The Dow Jones (US30) reached a new record high, but upcoming earnings season and reassessment of US monetary policy could bring increased volatility.
Apple and Broadcom Announce $30B+ US Chip Manufacturing Deal
A new long-term agreement between Apple and Broadcom is valued at over $30 billion and aims to produce more than 15 billion U.S.-made chips, with expansion at a Colorado facility.
Dow Jones Futures Fall 0.4% on Risk Aversion Ahead of FOMC Minutes
Dow Jones futures dropped 0.40% to 52,980 during European trading on Wednesday, with S&P 500 and Nasdaq 100 futures also declining as markets await the FOMC minutes.
Penguin Solutions beats Q3 earnings estimates
Penguin Solutions reported Q3 earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.63, and up from $0.47 a year ago.
GDX Bearish Elliott Wave Sequence Remains Intact
The Gold Miners ETF (GDX) continues to show an incomplete bearish Elliott Wave structure from its March 2, 2026 high, with renewed weakness suggesting further downside.
US Government Approves OpenAI's Full Release of GPT-5.6
The US government has granted OpenAI approval to fully release its GPT-5.6 AI model. The company announced that the model will be launched and publicly accessible on Thursday, July 9th.
XP Adds New Features to Global Account with Wise Platform
XP Investimentos has added new functionalities to its Conta Global XP account, developed with Wise Platform, including ACH and Wire Transfer options for USD transfers.
Thndr Among 10 Companies Granted Licenses by Egypt's FRA
Egypt's Financial Regulatory Authority has licensed 10 companies including Thndr and Halan to operate in areas such as derivatives brokerage, real estate investment funds, and insurance. The approvals expand competition in non-banking financial services.