News Archive

July 2, 2026Connected

564 storiesLast updated: 11:16:56 AMPage 5 of 10

Stocks

StocksBearish

Asian Semiconductor Stocks Slump as Q3 Profit-Taking Hits Memory Giants

Key Facts

•Major memory industry stocks including Samsung, SK Hynix, and Kioxia retreated sharply as the third quarter began.
•Japan's Kioxia stock fell to ¥75,160, marking a 33% decline from its year-to-date peak.

Impact:

4/10

285A.T

3 months ago

Crypto

CryptoBullishUpdated

RLUSD Stablecoin Activity on XRP Ledger Surges 40-Fold

Key Facts

•Ripple's dollar-pegged stablecoin, RLUSD, is migrating to the native XRP Ledger at an accelerated pace, growing 40-fold.

Impact:

4/10

XRP

3 months ago

Commodities

CommoditiesNeutral

Oil Prices Retrace to Prewar Levels as Market Disruptions Persist

Key Facts

•Crude oil prices have finally retreated to levels seen before the start of the Iran war.
•The oil market is still far from normalizing in terms of shipping, supplies, and demand despite the price drop.

Impact:

4/10

3 months ago

Forex

ForexBearish

EURGBP Breaks Key Support at 0.8610 Signaling Bearish Shift

Key Facts

•The EURGBP pair broke below the strong multi-month support level of 0.8610 which held since the start of the year.

Impact:

4/10

EURGBP

3 months ago

Macro Economy

Macro EconomyNeutralUpdated×2

Trump Disclosures Reveal Major Apple Holdings and Massive Crypto Income

Key Facts

•Donald Trump's new financial disclosures reveal an expanded portfolio including Apple stock and crypto income totaling hundreds of millions.

Impact:

4/10

AAPL

3 months ago

July 2, 2026Connected

564 storiesLast updated: 11:16:56 AMPage 5 of 10

Stocks

StocksBearish

Asian Semiconductor Stocks Slump as Q3 Profit-Taking Hits Memory Giants

Key Facts

•Major memory industry stocks including Samsung, SK Hynix, and Kioxia retreated sharply as the third quarter began.
•Japan's Kioxia stock fell to ¥75,160, marking a 33% decline from its year-to-date peak.

Impact:

4/10

285A.T

3 months ago

Crypto

CryptoBullishUpdated

RLUSD Stablecoin Activity on XRP Ledger Surges 40-Fold

Key Facts

•Ripple's dollar-pegged stablecoin, RLUSD, is migrating to the native XRP Ledger at an accelerated pace, growing 40-fold.

Impact:

4/10

XRP

3 months ago

Commodities

CommoditiesNeutral

Oil Prices Retrace to Prewar Levels as Market Disruptions Persist

Key Facts

•Crude oil prices have finally retreated to levels seen before the start of the Iran war.
•The oil market is still far from normalizing in terms of shipping, supplies, and demand despite the price drop.

Impact:

4/10

3 months ago

Forex

ForexBearish

EURGBP Breaks Key Support at 0.8610 Signaling Bearish Shift

Key Facts

•The EURGBP pair broke below the strong multi-month support level of 0.8610 which held since the start of the year.

Impact:

4/10

EURGBP

3 months ago

Macro Economy

Macro EconomyNeutralUpdated×2

Trump Disclosures Reveal Major Apple Holdings and Massive Crypto Income

Key Facts

•Donald Trump's new financial disclosures reveal an expanded portfolio including Apple stock and crypto income totaling hundreds of millions.

Impact:

4/10

AAPL

3 months ago

StocksMixed

FIS Shares Surge 4.9% Despite 'Value Trap' Warnings from Analysts

Key Facts

•Fidelity National Information Services (FIS) shares increased by 4.9% to reach $40.80.
•The GF Value estimate places the stock's fair value at $88.86, suggesting it is significantly undervalued.

Impact:

4/10

FIS

3 months ago

StocksNeutralUpdated

American Bitcoin Shares Sink 8.4% to New Low Ahead of Split Amid Trump Family Links

Key Facts

•Bitcoin mining company American Bitcoin is set to execute a 1-for-15 reverse stock split to maintain its Nasdaq listing.

Impact:

4/10

ABTC BTC

3 months ago

StocksNeutral

Viking Acquisition Corp. II Prices $200M IPO on NYSE

Key Facts

•Viking Acquisition Corp. II priced its $200 million initial public offering on the New York Stock Exchange.

Impact:

4/10

3 months ago

StocksBullish

Marcus Theatres Hits Record June Revenue Driven by Toy Story 5 Success

Key Facts

•Marcus Theatres achieved its highest June revenue ever, driven by the strong performance of Toy Story 5.

Impact:

4/10

3 months ago

StocksBearish

Mantle Ridge Slashes Dollar Tree Stake with 11 Million Share Sale

Key Facts

•Mantle Ridge LP sold over 11 million shares of Dollar Tree Inc at a price of $119.35 per share.

Impact:

4/10

DLTR

3 months ago

StocksBearish

US FTC Warns AI Bias Safeguards May Violate Consumer Protection Laws

Key Facts

•The US FTC stated that certain safeguards intended to prevent AI bias might actually run afoul of consumer protection laws.

Impact:

4/10

3 months ago

StocksBullish

Procter & Gamble Reaffirms 2026 Outlook Amid Product Innovation Push

Key Facts

•Procter & Gamble introduced new product innovations in brands like Cascade and Pampers to address specific consumer needs.
•The company reaffirmed its fiscal 2026 guidance while continuing its workforce reshaping efforts.

Impact:

4/10

3 months ago

StocksBearish

Class Action Lawsuit Filed Against Graphic Packaging Over Alleged Securities Fraud

Key Facts

•Bronstein, Gewirtz and Grossman, LLC announced a class action lawsuit against Graphic Packaging Holding Company and its officers.
•The lawsuit alleges the company made misleading statements regarding inventory, costs, and demand between February 2025 and February 2026.

Impact:

4/10

GPK

3 months ago

StocksBearish

Oruka Therapeutics Shares Slide as Fairmount Offloads $300M Stake

Key Facts

•Oruka Therapeutics shares dropped after hours following Fairmount's sale of 3.55 million shares.

Impact:

4/10

ORKA

3 months ago

StocksNeutralUpdated

HP and Best Buy Guidance Revised Amid Retail and Tech Hardware Shifts

Key Facts

•Best Buy received a consensus 'Hold' rating from 22 analysts with an average price target of $79.50.
•HP raised its FY 2026 EPS guidance to $2.90-$3.10 following strong quarterly results.

Impact:

4/10

HPQ BBY

3 months ago

StocksBullish

Insig AI Expands to Far East with Macro Investment Engine Partnership

Key Facts

•Insig AI has signed an agreement to build a macro investment fund engine in the Far East.

Impact:

4/10

3 months ago

StocksBullish

BlackRock Increases Stake in Greatland Resources to 5.77% Amid Institutional Support

Key Facts

•BlackRock Inc. increased its stake in Greatland Resources Limited to 5.77% of total voting rights.

Impact:

4/10

0QZZ.L

3 months ago

StocksBearish

Nasdaq Slumps 150 Points as Investor Sentiment Remains in 'Fear' Zone

Key Facts

•U.S. stocks closed mostly lower on Wednesday, with the Nasdaq falling by 150 points.
•The CNN Fear & Greed index improved slightly but remains in the 'Fear' zone.

Impact:

4/10

3 months ago

StocksBullish

FTSE 100 Gains as Dovish Central Bank Signals Offset Oil Price Slump

Key Facts

•The FTSE 100 index rose as dovish signals from central banks offset the impact of falling oil prices.

Impact:

4/10

3 months ago

StocksBullish

BofA's Savita Subramanian Bullish on U.S. Corporate Earnings Outlook

Key Facts

•BofA's Savita Subramanian stated that corporate earnings are currently in a very good spot.

Impact:

4/10

BAC

3 months ago

StocksBullish

SOL Strategies Strengthens Digital Asset Footprint with Houdini Swap Acquisition

Key Facts

•SOL Strategies closed the acquisition of Houdini Swap on June 1, 2026.
•Houdini Swap distribution expanded through integration with the Jumper platform.

Impact:

4/10

STKE

3 months ago

StocksBearish

Gildan Activewear Faces Securities Fraud Probe Following Short-Seller Allegations

Key Facts

•Ademi LLP is investigating securities fraud claims against Gildan Activewear following a short-seller report.
•A short-seller report on June 16, 2026, alleged the company manipulated financial results and artificially inflated revenue.

Impact:

4/10

GIL

3 months ago

StocksBullish

Treasure Global Secures Canadian MSB License for Oxi Wallet Expansion

Key Facts

•Treasure Global secured a Canadian Money Services Business (MSB) registration to accelerate the expansion of its Oxi Wallet platform.

Impact:

4/10

TGL

3 months ago

StocksMixed

Truist Financial Lowers OneMain Price Target Despite Strong Q1 Earnings Beat

Key Facts

•Truist Financial lowered its price target for OneMain from $73 to $70.
•Truist Financial maintained a 'buy' rating on the stock, indicating a potential 16% upside.
•OneMain exceeded first-quarter earnings and revenue estimates with 6.7% year-over-year growth.

Impact:

4/10

TFC

3 months ago

StocksBearish

Embecta Corp Investors Face Deadline in Securities Fraud Class Action

Key Facts

•Embecta Corp investors face a deadline to lead a securities class action lawsuit following a significant stock selloff.

Impact:

4/10

EMBC

3 months ago

StocksBearish

Burberry Shares Under Pressure Ahead of Earnings as Turnaround Doubts Mount

Key Facts

•Burberry shares have fallen approximately 19% since the start of the year, including 6% over the past month.
•UBS noted that share price weakness reflects investor concerns that the turnaround may struggle to deliver further earnings upgrades.

Impact:

4/10

BRBY

3 months ago

StocksMixed

Verizon Edges Up as Markets Weigh Dow Jones Exit and Joint Venture Charges

Key Facts

•Verizon Communications shares edged up in Thursday's premarket trading.
•Traders are weighing the impact of the Dow Jones exit alongside charges related to an international joint venture.

Impact:

4/10

3 months ago

StocksBullish

Goldman Sachs: Europe Equities Match S&P 500 as AI Boom Broadens

Key Facts

•Goldman Sachs strategist Peter Oppenheimer noted European equities kept pace with the S&P 500 in H1 2026.

Impact:

4/10

3 months ago

StocksBearish

Saudi TASI Index Slips 0.28% Amid Quiet Trading Session

Key Facts

•The Saudi General Index (TASI) closed down by 0.28% at the end of today's session.

Impact:

4/10

TASI

3 months ago

StocksMixed

BMO Capital Raises United Airlines Target to $157.50 Amid Valuation Warnings

Key Facts

•BMO Capital maintained an 'Outperform' rating for United Airlines and raised its price target to $157.50.
•GuruFocus suggests UAL is significantly overvalued, trading at $132.82 against a GF Value of $78.56.
•Insider selling of $10.8 million has been reported, indicating a need for investor caution.

Impact:

4/10

UAL

3 months ago

StocksBullish

Penguin Solutions Expands MemoryAI Portfolio to Boost AI Inference Capabilities

Key Facts

•Penguin's CXL-powered MemoryAI portfolio is gaining traction as AI inference demand rises.

Impact:

4/10

PENG

3 months ago

StocksBullish

Cboe Seeks SEC Approval for Binary KPI Options Based on Corporate Earnings

Key Facts

•Cboe Global Markets is seeking SEC approval to launch binary KPI options based on corporate earnings metrics rather than stock prices.

Impact:

4/10

CBOE

3 months ago

StocksNeutral

MacroGenics Completes Sale of Manufacturing Units to Bora Pharmaceuticals to Focus on R&D

Key Facts

•MacroGenics completed the sale of its good manufacturing practice (GMP) drug substance manufacturing operations to Bora Pharmaceuticals.

Impact:

4/10

MGNX

3 months ago

StocksNeutral

Lion Group Announces Reverse Stock Split and Strategic AI Expansions

Key Facts

•Lion Group Holding plans to execute a 1-for-6 reverse stock split on July 9, 2026, to meet exchange listing requirements.
•The company announced a strategic investment of up to $12 million in Indonesian tech firm PT Nusantara Bumi Sangkara.
•Lion Group signed a non-binding agreement to acquire Aquila Hash, a U.S.-based AI infrastructure company.

Impact:

4/10

LGHL

3 months ago

StocksBullish

Wall Street Hikes Meta Price Targets on New AI Cloud Computing Venture

Key Facts

•Wall Street analysts updated Meta Platforms price targets following reports that the company plans to rent out excess compute capacity.

Impact:

4/10

Worldcoin Plummets 50% Amid Aggressive Liquidation Waves

Key Facts

•Worldcoin recorded a correction of nearly 50% in two weeks driven by steady waves of liquidations and forced selling.

Impact:

4/10

WLD BTC ETH

3 months ago

CryptoBearishUpdated

Korea's K Wave Media Liquidates Entire Bitcoin Holding to Settle Debt

Key Facts

•South Korea's K Wave Media sold 88 BTC to repay $6 million in debt.
•The company ended its Bitcoin treasury push after previously targeting a 10,000 BTC goal.

Impact:

4/10

BTC

3 months ago

CryptoNeutral

Lummis Defends Crypto Clarity Act Amid Warren's Illicit Finance Concerns

Key Facts

•Senator Cynthia Lummis defended the Clarity Act against criticisms from Senator Elizabeth Warren.

Impact:

4/10

3 months ago

CryptoBullish

Ethereum Foundation Unveils Policy Guide to Drive Government and Institutional Adoption

Key Facts

•The Ethereum Foundation released a policy guide classifying the network as neutral public infrastructure for governments and institutions.

Impact:

4/10

ETH SOL ADA

3 months ago

CryptoMixed

Circle Faces 2026 Operational Hurdles as USDC Market Cap Stagnates

Key Facts

•Circle Internet Group faces a challenging 2026 with stalling stablecoin circulation and competitive threats.
•USDC leads in transaction volume despite a stagnant market cap, supported by the Arc blockchain launch.

Impact:

4/10

3 months ago

CryptoBullishUpdated

Ethereum Tests $1,615 Resistance as Institutional ETF Inflows Resurge

Key Facts

•Ethereum is trading near $1,615 as inflows return to exchange-traded funds (ETFs).
•Ethereum staking has surpassed 33% while analysts monitor the $1,700 resistance zone.

Impact:

4/10

ETH

3 months ago

CryptoMixed

Stablecoin Shift: Crypto-Native Yields Fall as Treasury-Backed Assets Rise

Key Facts

•Yield-bearing stablecoin supply fell 15% in Q2 as sUSDe and sUSDS contracted.
•Treasury-backed products including BUIDL, USYC, and USDY continued to grow despite the crypto-native slowdown.

Impact:

4/10

3 months ago

CryptoNeutral

Tether Freezes ISIS-K Linked Crypto Wallets Following OFAC Sanctions

Key Facts

•OFAC added 134 crypto wallet addresses linked to ISIS-K to its sanctions list.
•Tether froze funds held in 131 TRON wallets identified on the updated OFAC sanctions list.
•The targeted wallets received more than $1.4 million in crypto donations according to Chainalysis data.

Impact:

4/10

BTC TRX

3 months ago

CryptoNeutral

Crypto Market Stability Persists as EU MiCA Framework Takes Full Effect

Key Facts

•Kaiko Research analysis shows the full implementation of the MiCA framework has not caused a structural shock to the European crypto market.
•Trading liquidity remains heavily anchored to Tether (USDT) and Bitcoin spot markets despite new regulatory restrictions.

Impact:

4/10

BTC

3 months ago

CryptoBullishUpdated

Taiko Reopens Network Bridge Following $1.7M Exploit Recovery

Key Facts

•Taiko has reopened its bridge after recovering from a $1.7 million exploit that occurred last month.

Impact:

4/10

3 months ago

CryptoBullish

Open USD Stablecoin Launched by 140-Company Consortium to Optimize Settlements

Key Facts

•The new Open USD stablecoin has been launched with backing from a consortium of over 140 companies to reduce minting costs.
•The project aims to turn idle settlement cash into yield for banks and fintech firms.

Impact:

4/10

3 months ago

CryptoBullish

GRAM Token Surges 10% Following Binance and Hyperliquid Listings

Key Facts

•GRAM token recorded a 10% price jump following news of its listing on Binance and Hyperliquid trading platforms.

Impact:

4/10

GRAM

3 months ago

CryptoMixed

XRP Faces Strong Resistance at $1.07 Despite Ripple's Lending Protocol Expansion

Key Facts

•XRP price is struggling to break the $1.07 resistance level which repeatedly rejected breakout attempts throughout June.
•Ripple launched a lending protocol on the XRP Ledger to expand into institutional credit markets.

Impact:

4/10

XRP BTC ETH

3 months ago

CommoditiesBearish

Crude Oil Futures Decline as U.S. Production Hits Record Highs

Key Facts

•Crude oil futures declined during the Asian trading session on Thursday.

Impact:

4/10

3 months ago

CommoditiesBearishUpdated×2

US Issues 60-Day Ultimatum to Iran, Plans to Use Oil MoU for Strategic Reserves

Key Facts

•Crude oil in floating storage off the Iranian coast has risen to approximately 58 million barrels.
•More than 90% of the stored barrels have no clear destination and are awaiting orders.
•Reports suggest Iran is exporting crude at a 20% premium despite the accumulation of unsold barrels.

Impact:

4/10

3 months ago

CommoditiesBearish

Nigeria's NNPC Revenue Drops in May Despite Production Rise to 1.73M BPD

Key Facts

•NNPC Limited's revenues fell to $3.15 billion in May from $3.62 billion in April.
•Nigeria's crude and condensate production increased to 1.73 million barrels per day (bpd) in May.
•The revenue decline was attributed to easing oil prices following the Iran-related highs seen in April.

Impact:

4/10

3 months ago

ForexBullish

USD/CHF Traders Await Swiss Inflation and US Payrolls Data

Key Facts

•USD/CHF traders are eyeing Swiss inflation data and the US non-farm payrolls report as primary price catalysts.

Impact:

4/10

USD/CHF

3 months ago

ForexBearish

MUFG Forecasts Continued Pressure on AUD as RBA Tightening Cycle Ends

Key Facts

•MUFG expects the Australian Dollar to remain under pressure in the near term as AUD/USD slipped below 0.69.
•MUFG believes the Reserve Bank of Australia's tightening cycle is now complete.

Impact:

4/10

AUDUSD

3 months ago

ForexBearishUpdated

Fed Policy Outlook Caps Euro Gains Against US Dollar

Key Facts

•ING analysts noted that expectations surrounding Federal Reserve policy are capping the Euro's upside against the US Dollar.

Impact:

4/10

EURUSD

3 months ago

ForexBullish

GBP/USD Extends Recovery as Markets Bet on UK Fiscal Discipline

Key Facts

•The GBP/USD pair extended its recovery to near the 20-day Exponential Moving Average (EMA).
•Sterling gains are supported by market hopes of government commitment to strict fiscal rules.

Impact:

4/10

GBPUSD

3 months ago

ForexMixed

USD/JPY Volatility Spikes as Traders Brace for NFP and Japan Intervention Risks

Key Facts

•USD/JPY implied volatility surged to 233% of its 20-day average ahead of the US nonfarm payrolls report.

Impact:

4/10

USD/JPY

3 months ago

ForexMixedUpdated×2

Forex Outlook: GBP/USD Eyes Reversal While EUR/USD Faces Resistance

Key Facts

•EUR/USD rebound remains capped below the 1.1499 resistance level with a neutral intraday bias.
•GBP/USD's break of 1.3300 resistance suggests the decline from 1.3650 may have completed at 1.3139.

Impact:

4/10

EURUSD GBPUSD

3 months ago

Macro EconomyNeutral

UK Tribunal Partially Suspends FCA Car Finance Compensation Scheme

Key Facts

•A UK tribunal has partially suspended the FCA's car finance compensation program following challenges from lenders and consumer groups.

Impact:

4/10

3 months ago

Macro EconomyMixed

Global Policy Divergence and Energy Costs Cloud Q3 2026 Macro Outlook

Key Facts

•Rising energy prices pushed up inflation, impacting the growth outlook for several regions.
•Central bank policy divergence is underway, with the ECB and BoJ raising rates while the Fed remains on hold.

Impact:

4/10

3 months ago

Macro EconomyNeutral

UK Car Finance Compensation Delayed to 2026 Amid FCA Investigation

Key Facts

•Compensation payments for millions of UK car finance borrowers regarding commission arrangements have been delayed until next year.

Impact:

4/10

3 months ago