Bitcoin surged 3.5% to nearly $64,000, recovering losses from geopolitical concerns involving Iran and ending the week up 4.2%. The rise was largely fueled by a rally in Asian semiconductor and AI-related stocks, a weaker U.S. dollar, and leverage-driven trading rather than crypto-specific events. Other major cryptocurrencies like ether and dogecoin also gained, while solana remained slightly down for the week. The dollar's continued weakness and strong demand for Korean memory chips are expected to keep influencing bitcoin's price more than blockchain developments in the near term.
The global lithium-ion battery market, valued at $68.5 billion in 2025, is projected to grow to $468.5 billion by 2035 at a CAGR of 21.2%. Growth is fueled by rising demand for electric vehicles, energy storage systems for renewable energy, and suppo...
At Intersolar Europe 2026 in Munich, Ganfeng LiEnergy presented its high-efficiency, cost-effective energy storage products designed for global energy transition needs. The company highlighted its large-capacity battery containers, ultra-long cycle c...
China International Capital Corporation (CICC) successfully held the 4th China-ASEAN Economic and Financial Seminar in Singapore, gathering over 200 representatives from government, investment, and business sectors. The event focused on capital flows...
On July 8, 2026, Cathie Wood sold $8 million of Advanced Micro Devices (AMD) stock in a single day. This significant sale by a well-known investor could indicate a shift in her portfolio strategy or a response to market conditions affecting AMD. Inve...
Intuitive Machines has been re-rated as a buy due to its record backlog exceeding $1 billion, driven by the Lanteris acquisition and $428.9 million in new multi-year contracts. The company reported a record Q1 revenue of $186.7 million, with diversif...
