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Texas faces growing opposition to crypto-linked data centers, halting $130B in projects amid resource concerns.

Market News
13 Jul 2026
Crypto Briefing
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Bearish
Texas faces growing opposition to crypto-linked data centers, halting $130B in projects amid resource concerns.

A coalition led by Greenpeace and over 520 groups is pushing for a national ban on new data centers tied to cryptocurrency and AI, citing Texas's struggles with water and electricity resources. Public opposition in Texas has surged, with 56% statewide and 62% in rural areas opposing data center construction. This backlash has stalled or blocked $130 billion worth of projects in early 2026, including many linked to Bitcoin mining, which relocated to Texas after China's 2021 crackdown. Local moratoriums like Hill County's one-year ban may spread, and a potential federal moratorium could create uncertainty for the crypto mining industry that has thrived under state-friendly policies.

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Domino's Q3 earnings beat estimates despite slow sales and declining cash flow

Domino's Q3 earnings beat estimates despite slow sales and declining cash flow

Domino's Pizza reported Q3 2026 earnings per share of $4.60, beating analyst expectations of $4.37, while revenue grew modestly by 3.4% to $1.19 billion. Same-store sales growth was minimal at 0.3% in the U.S. and 0.2% internationally, reflecting com...

Company Fundamentals
Neutral
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Citigroup Q3 2026 earnings beat estimates with 40% profit surge led by strong trading.

Citigroup Q3 2026 earnings beat estimates with 40% profit surge led by strong trading.

Citigroup reported Q3 2026 earnings that exceeded analyst expectations, with EPS of $2.85 beating the $2.65 estimate and revenue of $23.8 billion slightly above forecasts. The bank's profit rose 40%, driven by exceptional fixed-income trading, invest...

Company Fundamentals
Bullish
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State Street Q3 earnings expected to grow 31%, with revenue up 14%, despite rising expenses.

State Street Q3 earnings expected to grow 31%, with revenue up 14%, despite rising expenses.

State Street is set to report its Q3 2026 earnings with forecasts showing a 31.3% increase in earnings and 14% revenue growth, driven by strong net interest income and service fees. Despite record assets under management, higher operating and technol...

Company Fundamentals
Bullish
2 hours ago
RTI reports growth in sustainability and efficiency, recycling 393M lbs of used cooking oil in 2025

RTI reports growth in sustainability and efficiency, recycling 393M lbs of used cooking oil in 2025

Restaurant Technologies, Inc. (RTI) released its 2026 Impact Report highlighting significant progress in sustainability and operational efficiency. In 2025, RTI recycled 393 million pounds of used cooking oil and delivered 719.4 million pounds of fre...

Market News
Bullish
2 hours ago
Medical marijuana trials expand with 60+ companies developing 65+ therapies for various conditions

Medical marijuana trials expand with 60+ companies developing 65+ therapies for various conditions

Over 60 companies are actively developing more than 65 medical marijuana therapies targeting conditions like chronic pain, neurological disorders, and cancer symptoms. Key drugs such as ZYN-002 and CardiolRx are in late-stage trials, with others in e...

Market News
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