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WTI tumbles below $66.50 on surprise build in US stockpiles
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $66.40 during the early Asian trading hours on Thursday. The WTI price declines on a surprise build in US crude supplies. Oil traders await cautiously ahead of an OPEC+ meeting to decide the group's August output policy.
24H｜Mira Pharma Soars 47%; Minim Surges 42%; Datadog Jumps 11%; AppLovin and Robinhood Drop 1%
Shares of drug developer Mira Pharma soared 46.8% in overnight trading. The company said its experimental drug, Mira-55, a non-psychoactive marijuana analog showed morphine-comparable pain relief in a preclinical animal trial.Tiger News
Jul 3, 2025
US Dollar Index edges lower below 97.00 on downbeat US job data, Fed rate cut bets
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, remains on the defensive near 96.70 during the early Asian session on Thursday.
Fxstreet
Jul 3, 2025
U.S. Stocks Rise at Greater Risk: “Irrational Exuberance” Indicator Hits Bubble Level as U.S. Economy Flashes Yellow Warning
TradingKey - U.S. stock investors have largely shrugged off concerns such as trade tariffs, economic slowdown, and rising government deficits. In the first half of 2025, the S&P 500 has delivered record highs by mid-year. Although major investment banks remain optimistic about year-end equity
TradingKey
Jul 2, 2025
U.S. Senate Tax Bill Through an Industry Lens: A Win for Chip Stocks, a Relief for Solar Shares
TradingKey - On July 1, the U.S. Senate passed Trump’s tax and spending bill by a razor-thin one-vote margin. The revised version includes enhanced tax credits for semiconductor manufacturers, while notably excluding feared tariffs on imported wind and solar components — bringing relief to clean
Senate Tax Bill’s Problem: Tax Cuts for the Wealthy, Income Losses for the Poor
TradingKey - Despite widespread public opposition — with 50% of voters against the bill according to Morning Consult — the U.S. Senate narrowly passed Trump’s massive tax cut and spending bill on Tuesday, July 1, by a margin of just one vote. Some Republican lawmakers warned that slashing MedicaidTradingKey
Jul 2, 2025
Oracle Stock Soars to New High Following $30 Billion Contract
TradingKey - Oracle Corporation (ORCL), the database giant, saw its stock hit consecutive record highs after announcing a $30 billion cloud computing contract. This order's value is three times the company's data center revenue forecast for fiscal year 2025.
TradingKey
Jul 2, 2025
Gold Rally Loses Momentum — Trump Claims Israel Accepts 60-Day Ceasefire Deal as Gaza Tensions Show Signs of Cooling
TradingKey – According to reports citing Israeli officials and carried by U.S. media outlets, Israel has agreed to the conditions for a 60-day ceasefire in Gaza , marking a potential breakthrough in the ongoing conflict.TradingKey
Jul 2, 2025
Intel Pushes Past 18A in Race to 14A—Is the Market Buying It?
TradingKey - Industry sources indicate that Intel (INTC) is planning a major strategic adjustment to its foundry business, intending to skip the previously scheduled Intel 18A (1.8nm) process and directly advance to the more advanced 14A (1.4nm) process to enhance its market competitiveness.TradingKey
Jul 2, 2025
Interest Rate Cut Outlook: Bessent Bets Pre-September, Goldman Eyes September, Nonfarm Data Crucial
TradingKey - On Tuesday, July 1, U.S. Treasury Secretary Scott Bessent projected that the Federal Reserve would initiate a rate cut before September, emphasizing that President Trump’s tariff policies are unlikely to spur inflation as the Fed had anticipated. In line with this, Goldman Sachs forecasTradingKey
Jul 2, 2025
Tariffs Becoming an Inflationary Anchor? Powell Hints: Without Trump’s Tariff Policies, Rate Cuts Might Have Already Started
TradingKey – On the evening of July 1 (U.S. Eastern Time), all eyes were on the policy tug-of-war between Federal Reserve Chair Jerome Powell and President Donald Trump.TradingKey
Jul 2, 2025
Amazon's Robot Army Tops 1 Million; Automation Nears Scale of Human Workforce
TradingKey - According to recent reports, Amazon, the second-largest private employer in the United States, has achieved a milestone in robot deployment that will soon see robots outnumbering human employees.
TradingKey
Jul 2, 2025
U.S. Senate Narrowly Passes Tax Bill in 51:50 Vote, Drops Proposed New Energy Tax, Clean Energy Stocks Surge with Shoals Up 23.88%
TradingKey - In a narrow 51 to 50 vote, the U.S. Senate passed the tax bill on Tuesday, July 1st, Eastern Time, notably omitting the previously contentious provision imposing new consumption taxes on wind and solar projects. This development sent U.S. clean energy stocks soaring.
Trump Reignites War of Words — Declares He Is Considering Deporting Musk!
TradingKey – As the U.S. Senate moves forward with the so-called “Big Beautiful” bill, opposition within the country is growing stronger. Tesla CEO and former head of the Department of Government Efficiency (DOGE), Elon Musk, has once again criticized the legislation.TradingKey
Jul 2, 2025
SEC Approves Grayscale’s GDLC ETF — Altcoin Spot ETFs May Be Next
On Tuesday, July 1, the U.S. Securities and Exchange Commission (SEC) officially approved the conversion of Grayscale’s Digital Large Cap Fund (GDLC) into a spot exchange-traded fund (ETF), marking a pivotal moment for altcoin-based investment products.
U.S. Senate Passes “Beautiful Act” — Crypto Tax Relief Left Out, Markets on Edge
On Tuesday, July 1, the U.S. Senate narrowly passed President Trump’s “Beautiful Act” with a 51–50 vote, but crypto tax reform provisions were excluded, sparking concerns across global financial markets.TradingKey
Jul 2, 2025
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Google Q2 Cloud Revenue Surges 82%: Net Profit Soars 298% YoY, 26% QoQ Capital Expenditure Growth Sparks Sharp Bull-Bear Divide
SpaceX Shares Fall Over 5% to Hit New All-Time Low: Plans New Data Center in Texas, Morgan Stanley Warns xAI Capex May Reach $120 Billion
Intel (INTC) Q2 2026 Earnings: What the Results Mean for the Stock
Western Digital (WDC) Surges 12.5% to $548 - Kioxia Merger Talks, $900 Analyst Target
Alphabet Q2 Earnings Preview: $190 Billion AI Gamble Faces Major Test, Can Google Cloud Still Sustain the Growth Myth?
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