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Block rises on S&P 500 inclusion, signaling fintech's growing clout
Block to replace Hess in equities benchmark Inclusion expected to boost institutional demand for stockChange takes effect before Wednesday's open Analysts say move reflects fintech sector's rapid growthBy Manya Saini July 21 (Reuters) - Tech billionaire Jack Dorsey-led Block's XYZ.N s...Reuters
Mon, Jul 21
Crypto-linked stocks advance after Trump signs stablecoin law
Ether last at $3,795.4, near its highest level this yearSolana also surges, ProShares Ultra Solana ETF up 17.2%By Shashwat Chauhan July 21 (Reuters) - Shares of crypto-linked companies jumped on Monday, as ether prices scaled their highest this year after President Donald Trump signed into law a ...Reuters
Mon, Jul 21
US STOCKS-Nasdaq, S&P 500 hit fresh records as trade talks, tech earnings in focus
Indexes up: Dow 0.09%, S&P 500 0.29%, Nasdaq 0.53%Dominos Pizza rises after Q2 same-store sales beatEU to ramp up retaliation plans as US tariff deal prospects dimVerizon boosts annual profit forecast, shares riseBy Nikhil Sharma and Pranav Kashyap July 21 (Reuters) - The S&P 500 and Nasd...Reuters
Mon, Jul 21
Ethereum Overtakes Leading Global Financial Institutions As Market Cap Skyrockets
The general cryptocurrency market has continued to exhibit bullish sentiment, and Ethereum, the second-largest digital asset, has consistently shown a steady upward trend. With this recent bullish performance, ETH has reinforced its strong position as a leading asset in the crypto and financial land...Bitcoinist
Mon, Jul 21
Top Calls on Wall Street: Nvidia, Apple, Tesla, Pinterest, Arm and More
Here are Monday’s biggest calls on Wall Street:Bank of America reiterates Tesla as neutralBank of America said it sees a challenging setup for Tesla shares.“Tesla 2Q earnings results are likely to be challenged due to tariffs and disappointing deliveries. Although Tesla produces all its vehicles in ...Tiger News
Mon, Jul 21
Brazil acknowledges possibility of no US trade deal by August 1
SAO PAULO, July 21 (Reuters) - Brazil's finance minister said on Monday his country would not give up negotiating with the U.S. but acknowledged that a trade deal may fail to be reached by August 1, when President Donald Trump's 50% tariffs on Brazilian goods are due to take effect."That...Reuters
Mon, Jul 21
Domino's Pizza rises after Q2 same-store sales beat
** Shares of Dominos' Pizza DPZ.O rise 5% to $490 in premarket trading** Pizza chain operator beats analysts' estimate for Q2 U.S. same-store sales, helped by new items on the menu and promotions** DPZ posts a 3.4% rise in same-store sales in U.S. compared with the estimate of a 2.21% rise -...
Reuters
Mon, Jul 21
BofA raises PT on Tesla, warns of tariff hit to margins
** Shares of EV maker Tesla TSLA.O up 1.4% at $334.29 premarket** BofA raises Tesla's PT to $341 from $305 to adjust for higher cash balance** Brokerage revised down its gross margin estimates to account for the tariff impact on TSLA's energy storage business** "Tariffs are a potential s...
Reuters
Mon, Jul 21
Wall Street set for higher open with tech earnings, trade updates in focus
Futures up: Dow 0.22%, S&P 500 0.22%, Nasdaq 0.22%Dominos Pizza rises after Q2 same-store sales beatEU to ramp up retaliation plans as US tariff deal prospects dimVerizon boosts annual profit forecast, shares riseBy Nikhil Sharma and Pranav Kashyap July 21 (Reuters) - Wall Street was set for ...Reuters
Mon, Jul 21
Yen Surges After Election Defeat; Analysts Remain Bearish on Yen and Japanese Stocks
TradingKey - Following a significant defeat in the upper house elections where Japan's ruling coalition lost its majority, the yen surged amidst looming US-Japan tariff negotiations. Analysts believe the political uncertainty will lead to increased volatility in Japanese stocks and the yen.TradingKey
Mon, Jul 21
Google and Tesla kick off M7 earnings season, Powell appears under heavy pressure, ECB releases latest interest rate decision【The week ahead】
TradingKey - The US stock market showed an overall trend of oscillating upward last week. The Nasdaq Composite Index and the S&P 500 Index hit record highs twice within 5 trading days. This week, the US stock market will enter the peak of the earnings season.
TradingKey
Mon, Jul 21
Musk's xAI to Launch "Baby Grok": Can Child-Focused AI Win Back Public Trust?
TradingKey - On July 20, Tesla (TSLA) CEO Elon Musk announced via social platform X that his AI company xAI will launch a child-targeted interactive application called "Baby Grok". Positioned as the child-focused version of the Grok chatbot, Baby Grok emphasizes "friendly content" and...TradingKey
Mon, Jul 21
Japan’s yen rose after Ishiba’s party lost the election
The Japanese yen jumped early Monday, catching traders off guard just hours after Shigeru Ishiba’s ruling party suffered a historic blow in the July 20 upper-house election.At 11 a.m. Tokyo time (10 p.m. ET Sunday), the yen strengthened 0.22% against the U.S. dollar, rising to 148.49, after sinkingCryptopolitan
Mon, Jul 21
Ryanair's profit rebounds as robust bookings point to strong summer
DUBLIN, July 21 (Reuters) - Ryanair's RYA.I net profit more than doubled in its April-June quarter on higher-than-expected last-minute fares and the timing of the Easter holidays, while bookings for rest of the summer are "robust", Europe's largest low-cost carrier said on Monday.Reuters
Mon, Jul 21
Nvidia CEO's China charm offensive underscores rock star status in key market
BEIJING/SHANGHAI, July 21 (Reuters) - Nvidia NVDA.O CEO Jensen Huang is no stranger to Beijing, but his most recent visit, his third to China this year, cemented his rock star status in the country, where fans mingled freely with the AI titan on the streets of the capital.
Reuters
Mon, Jul 21
