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Metrocity Bankshares Inc reports results for the quarter ended June 30 - Earnings Summary
Metrocity Bankshares Inc MCBS.OQ reported quarterly adjusted earnings of 65 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 66 cents. The lone analyst forecast for the quarter was for earnings of 63 cents per share. Revenue ro...Reuters
Fri, Jul 18
Commodities
INSTANT VIEW-Analysts on Chevron winning arbitration over Exxon in Hess deal
July 18 (Reuters) - Chevron CVX.N will proceed with its $53 billion acquisition of Hess HES.N after it prevailed in a landmark legal battle against larger rival Exxon Mobil XOM.N to gain access to the largest oil discovery in decades off the coast of Guyana.KIM FUSTIER, HEAD OF EUROPEAN OIL & GA...Reuters
Fri, Jul 18
Other
US insurance broker BroadStreet closes investment led by Ethos Capital
By Navneeta NandanJuly 18 - (The Insurer) - U.S. retail broker BroadStreet Partners has announced the successful closing of an investment led by Ethos Capital, British Columbia Investment Management Corporation and White Mountains Insurance Group.Accounts advised by T Rowe Price Investment Managemen...Reuters
Fri, Jul 18
Stocks
3M sees smaller tariff hit on 2025 profit amid easing US-China trade tensions
3M raises full-year profit forecast amid easing trade tensionsCo cuts 2025 tariff net impact estimate to 10 cents per shareTariff to hit 3M's profits mainly in second halfBy Aishwarya Jain July 18 (Reuters) - 3M MMM.N raised its full-year profit forecast and projected a smaller tariff-related...Reuters
Fri, Jul 18
Cryptocurrencies
Crypto stocks jump as ether scales six-month high
Stablecoin growth boosts Ethereum demand, says Astronaut Capital's DibbEther-linked stocks rise after stablecoin bill passesBy Medha SinghJuly 18 (Reuters) - Crypto-focused stocks rose on Friday, after ether hit a six-month high on the passage of a stablecoin bill by the U.S. House of Representa...Reuters
Fri, Jul 18
Stocks
US STOCKS-Strong data, earnings keep S&P 500, Nasdaq at record levels
Indexes: Dow down 0.09%, S&P 500 up 0.22% Nasdaq up 0.25%Netflix raises 2025 revenue guidance but shares fallCrypto stocks up as House passes stablecoin legislationHess gains as Chevron wins Exxon Guyana legal battleBy Pranav Kashyap and Nikhil Sharma July 18 (Reuters) - The S&P 500 a...Reuters
Fri, Jul 18
Cryptocurrencies
Corporate Treasuries Buy $2.1 Billion Ethereum In One Month: $SNORT to Surge Next?
Corporate treasuries are doubling down on Ethereum, with record-breaking investments pouring into $ETH, especially through spot ETFs. It’s a bold signal of long-term confidence in Ethereum as a strategic asset. And with the altcoin supercycle gaining steam, breakout tokens like Snorter Bot ($SNORT) ...Bitcoinist
Fri, Jul 18
Other
DIARY-Political and General News Events from July 18
July 18 (Reuters) - For other diaries, please see:Political and General News POL/DIARYTop Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY --------...Reuters
Fri, Jul 18
Stocks
Rhythm Pharmaceuticals CFO Sells 42,120 Shares
Smith Hunter C, Chief Financial Officer of Rhythm Pharmaceuticals(NASDAQ:RYTM), reported mixed transactions totaling 42,120 shares on July 9, 2025, as disclosed in an SEC Form 4 filing, resulting in post-transaction holdings of 116,915 shares.Transaction summaryMetricValueShares Traded42,120Transact...The Motley Fool
Fri, Jul 18
Cryptocurrencies
Quantum computing threatens to break Bitcoin’s elliptic curve cryptography
A July 15 report by global consulting firm Capgemini warns that public-key cryptographic systems, including RSA and elliptic curve cryptography (ECC), may be rendered obsolete by quantum machines in the near future. These are the algorithms that Bitcoin and other blockchains use to secure wallet addresses and authenticate transactions. Capgemini’s analysis does not specifically mention […]Cryptopolitan
Fri, Jul 18
Commodities
Talen Energy rises on deal to buy power stations for $3.5 billion
July 18 (Reuters) - ** Shares of power producer Talen Energy TLN.O rise 21.2% to $320.7** Company said on Thursday it is acquiring two power plants in Pennsylvania and Ohio for $3.5 billion ** Talen expects the move to boost the company's cash flow by over 40% in 2026** It will pay $1.46 billion...Reuters
Fri, Jul 18
Stocks
CANADA STOCKS-TSX flat as investors assess domestic trade updates
By Twesha Dikshit July 18 (Reuters) - Canada's main stock index was subdued on Friday, with gains in utilities offsetting declines in industrials, as investors assessed domestic trade updates and data showing economic resilience. Toronto Stock Exchange's S&P/TSX composite index .GSPTS...Reuters
Fri, Jul 18
Other
Autostrade CFO Peluso to return to Telecom Italia as finance chief, sources say
MILAN, July 18 (Reuters) - Piergiorgio Peluso, Chief Financial Officer of motorway operator Autostrade per l’Italia, is set to take over the top finance job at Telecom Italia (TIM) TLIT.MI, two sources told Reuters on Friday.Peluso, 57, previously served as TIM's CFO for seven years until 2019. ...Reuters
Fri, Jul 18
Other
Texas judge dismisses Humana challenge to Medicare plan ratings
July 18 (Reuters) - A Texas federal judge dismissed a lawsuit brought by health insurer Humana HUM.N challenging the U.S. Department of Health and Human Services' reduction in its star ratings for government-funded Medicare plans.Humana filed the lawsuit in September 2023 in the Northern Distric...Reuters
Fri, Jul 18
Forex
FOREX-Dollar drops but maintains modest weekly gains
Dollar drops, but on track for weekly gainFocus on Fed policy as Trump attacks PowellYen edges up ahead of Japanese electionsBy Karen Brettell NEW YORK, July 18 (Reuters) - The U.S. dollar slipped on Friday but held onto weekly gains, as investors weighed signs that tariffs may be starting to inc...Reuters
Fri, Jul 18
Cryptocurrencies
Crypto market rose by 1.99% in Q1 2025
The total market cap of memecoins rose to $79.3 billion in July, led by a 46.86% gain in the Bonk token and big gains from the other major coins, including Dogecoin, Gigachad, and Pengu, and more. Most of the memecoins this week have been in the green, suggesting that the sector is once again heating up […]Cryptopolitan
Fri, Jul 18
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