The S&P 500 closed at a record high after July payrolls fell by 23,000, much weaker than expected, reducing the chances of a Federal Reserve rate hike in September to about 44%. Lower oil prices, progress on a Hormuz Strait agreement, and strong earnings with an 85.1% beat rate supported the market rally, especially in technology, consumer discretionary, and materials sectors. However, inflation concerns remain, and any setbacks in oil supply talks or Fed policy could reverse gains. The market now watches if oil prices stay low and if the Fed accepts the weaker jobs data as it influences future rate decisions.
Nebius Group N.V. is rated a cautious Buy due to strong demand for AI infrastructure but significant challenges in execution and capital allocation. The company's success depends on quickly deploying capacity, financing growth with minimal dilution, ...
Circle has introduced Digital Asset-Backed Borrowing for eligible institutional customers, allowing them to deposit Bitcoin, mint cirBTC, and borrow USDC through third-party lending protocols like Morpho on Arc, with Aave expected to join later. This...
Grand Canyon Education (LOPE) shares have fallen 28% over the past year, mainly due to concerns about AI disruption. However, the company reported strong second-quarter 2026 results with broad enrollment growth, especially in its profitable hybrid se...
Elon Musk's social platform X now allows U.S. users to tap cashtags like $BTC or $TSLA to view live charts and initiate trades. Users are redirected to partner platforms such as Coinbase, Kraken, Gemini, Interactive Brokers, or Moomoo to complete tra...
Ondo Finance has introduced an in-kind conversion route allowing approved institutions to directly convert existing shares into Ondo Stocks tokens via Alpaca’s Instant Tokenization Network on Ethereum and BNB Chain. This new process eliminates the ne...
