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U.S. Market Sees New Rising Stars: SharpLink Bets Big on Ethereum, The Trade Desk Joins the S&P 500
TradingKey - Shares of SharpLink Gaming (SBET.US) rose nearly 6% in recent trading, with a cumulative gain exceeding 140% this month alone. Dubbed the “Ethereum version of MicroStrategy,”
TradingKey
Tue, Jul 15
Japan's 10-year bond yield hits near 17-year high ahead of key election
By Junko Fujita TOKYO, July 15 (Reuters) - Japan's 10-year government bond yield rose to a near 17-year high in early trade on Tuesday amid worries about the nation's fiscal health ahead of a closely monitored national election at the end of this week. The 10-year JGB yield JP10YTN=JBTC r...Reuters
Tue, Jul 15
China's June factory output beat f'cast, retail sales slow
BEIJING, July 15 (Reuters) - China's industrial output grew 6.8% year-on-year in June, quickening from the 5.8% pace in May and beating forecasts, but retail sales growth slowed down, official data showed on Tuesday.The industrial output data, released by the National Bureau of Statistics (NBS),...Reuters
Tue, Jul 15
China’s economy expands 5.2% YoY in Q2 2025 vs. 5.1% expected
China’s economy expanded at an annual rate of 5.2% in the second quarter (Q2) of 2025, compared to a 5.4% growth in the first quarter, the official data published by the National Bureau of Statistics (NBS) showed on Tuesday. Data beat the market forecast of 5.1% in the reported period.Fxstreet
Tue, Jul 15
EU threatens retaliatory tariffs for US goods after Trump’s surprise 30% tariffs - WSJ
The European Union (EU) is preparing tariffs on US goods, including aircraft, alcohol, coffee, and medical devices worth 72 billion euros ($84 billion) in case no trade deal is reached by August 1, per the Wall Street Journal.Fxstreet
Tue, Jul 15
Bitcoin Retreats After Hitting Record High — Drops Below $120K
On Tuesday, July 15, Bitcoin (BTC) reversed sharply after reaching a new all-time high of $123,218 the previous night. At press time, BTC is trading at $118,871, slipping below the $120,000 threshold, with its market cap briefly touching $2.44 trillion.TradingKey
Tue, Jul 15
Japan PM to meet Bessent on Friday, Yomiuri says
July 15 (Reuters) - Japanese Prime Minister Shigeru Ishiba is arranging to meet U.S. Treasury Secretary Scott Bessent in Tokyo on Friday, the Yomiuri newspaper reported on Tuesday, ahead of an August 1 deadline to strike a trade deal with the United States.A separate Yomiuri report said European UniReuters
Tue, Jul 15
US imposes 17% tariff on Mexican tomatoes after withdrawing from agreement
Salsa will become more expensive, Democrat saysMexican producers say their produce cannot be replaced Mexican growers still hope to negotiate dealBy Kanishka Singh WASHINGTON, July 14 (Reuters) - The Trump administration announced on Monday a duty of about 17% on fresh tomatoes from Mexico, which...Reuters
Tue, Jul 15
US defense department awards contracts to Google, Musk's xAI
July 14 (Reuters) - OpenAI, Alphabet's Google GOOGL.O, Anthropic and Elon Musk's AI firm xAI have won contracts of up to $200 million each, aimed at scaling up adoption of advanced AI capabilities in the U.S. Department of Defense, the government agency said on Monday.The contracts will enab...
Reuters
Tue, Jul 15
Oil falls as Trump gives Russia 50 days to avoid new sanctions
US threatens to hit buyers of Russian exports with sanctionsChina's crude imports at highest level since August 2023EU set to lower Russian oil price cap, sources sayBy Nicole Jao NEW YORK, July 14 (Reuters) - Oil prices settled down on Monday by more than $1, as investors weighed new threats...
Reuters
Tue, Jul 15
In reversal, Trump arms Ukraine and threatens sanctions on countries that buy Russian oil
KYIV/WASHINGTON, July 14 (Reuters) - U.S. President Donald Trump announced new weapons for Ukraine on Monday, and threatened sanctions on buyers of Russian exports unless Russia agrees a peace deal, a major policy shift brought on by frustration with Moscow's ongoing attacks on its neighbour.Reuters
Tue, Jul 15
China's economy set to slow in Q2 as pressure from US tariffs mounts
BEIJING, July 15 (Reuters) - China's economy is likely to have cooled in the second quarter after a solid start to the year, as trade tensions and a prolonged property downturn drag on demand, raising pressure on policymakers to roll out additional stimulus to underpin growth.Reuters
Tue, Jul 15
Fed's Powell asks for watchdog review of project criticized by Trump officials
WASHINGTON, July 14 (Reuters) - Federal Reserve Chair Jerome Powell has asked the U.S. central bank's inspector general to review the costs involved in the renovation of its historic headquarters in Washington, as Trump administration officials intensify their criticism of how the Fed is being run.Reuters
Tue, Jul 15
The Trade Desk to join S&P 500, shares surge 15%
** Shares of The Trade Desk TTD.O surge 15% in extended trade, after the announcement that the software company will join the S&P 500 .SPX** TTD will join the S&P 500, effective prior to the start of trading on Friday - S&P Dow Jones Indices** TTD replaces Ansys ANSS.O, which is set to b...Reuters
Tue, Jul 15
Bitcoin climbs to record $123,000 as investors eye U.S. policy boost
Bitcoin hits record, buoyed by potential US regulatory frameworkUS to debate bills, Trump supports industry-friendly policiesCrypto market value hits $3.8 trillion; digital assets rallyBy Chuck Mikolajczak, Rae Wee, Tommy Reggiori Wilkes NEW YORK, July 14 (Reuters) - Bitcoin vaulted past $120,000...Reuters
Mon, Jul 14
Musk suggests Tesla investor vote on xAI investment, rules out merger
Shareholders to vote if Tesla can invest in xAI, Musk saysMusk deepens Tesla-xAI ties, but does not support mergerTesla sets annual shareholder meeting for November 6 By Deborah Mary Sophia July 14 (Reuters) - Elon Musk ruled out a merger between Tesla and xAI but said he plans to hold a sharehol...Reuters
Mon, Jul 14
Bitcoin Smashes $120,000 Barrier to Hit All-Time High: Analysts Duel Over "Bubble or Breakout"
TradingKey - On July 14, Bitcoin made history by breaching the $120,000 threshold for the first time, peaking at $123,278 and setting a new all-time high. Simultaneously, the total market capitalization of cryptocurrencies surged past $3.9 trillion, signaling robust momentum in the crypto market.
TradingKey
Mon, Jul 14
Q2 U.S. Banking Earnings Preview: “Cold IPOs, Hot Trading” — Investment Banking Set to Underperform for 14 Consecutive Quarters Below Key Threshold
TradingKey - As JPMorgan Chase and Bank of America report their Q2 2025 earnings this week, the U.S. banking earnings season officially begins. Analysts expect continued strength in market-making and trading businesses, while investment banking revenue remains stuck in a multi-quarter slump.
Fastenal rises on second quarter results beat
Shares of industrial supplies distributor Fastenal FAST.O rise 3% to $44.50 in premarket trading ** Q2 profit 29 cents per share vs analysts' estimate of 28 cents per share, according to data compiled by LSEG** FAST Q2 revenue also beat analysts' expectation, helped by higher demand for i...
Reuters
Mon, Jul 14
