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Cryptocurrencies
Ripple’s (XRP) Upside Looks Limited in 2025, But This $0.03 Altcoin Could Soar to $5 and Beyond
XRP remains locked in a narrow range as we head deeper into 2025 showing little momentum despite favorable developments around regulatory clarity. While Ripple continues to secure institutional partnerships, analysts note that its upside may be increasingly priced in, limiting breakout potential in the near term. In contrast, attention is quickly shifting toward a low-price […]Cryptopolitan
Wed, Jul 2
Commodities
BREAKINGVIEWS-Ports expose Li family’s global dealmaking dilemma
By Una Galani HONG KONG, July 3 (Reuters Breakingviews) - Li Ka-shing believed in the power of combined forces, so he named his business Cheung Kong Industries after China’s Yangtze River, which aggregates numerous tributaries. The tycoon, now 96, built his plastics manufacturer into a global ret...Reuters
Wed, Jul 2
Other
EV maker Lucid's quarterly deliveries rise but miss estimates
July 2 (Reuters) - Electric automaker Lucid LCID.O on Wednesday reported a 38% rise in second-quarter deliveries, which, however, missed Wall Street expectations amid economic uncertainty.Demand for Lucid's pricier luxury EVs have been softer as consumers, pressured by high interest rates, s...Reuters
Wed, Jul 2
Other
New York sued by National Retail Federation over surveillance pricing law
NEW YORK, July 2 (Reuters) - New York state was sued on Wednesday by the National Retail Federation over a new law designed to prevent retailers from using personal customer data to set prices, known as surveillance pricing.In a complaint filed in Manhattan federal court, the trade group said the la...Reuters
Wed, Jul 2
Other
Bunge completes long-delayed mega-merger with grain handler Viterra
By Karl Plume CHICAGO, July 2 (Reuters) - Global agribusiness Bunge Global BG.N said it officially closed a long-delayed deal to merge with Glencore-backed GLEN.L Viterra on Wednesday, two years after announcing the $34 billion mega-deal.The merger creates a global crop trading and processing gia...Reuters
Wed, Jul 2
Other
UK's Starmer: Reeves will be chancellor for a very long time
LONDON, July 2 (Reuters) - British Prime Minister Keir Starmer said on Wednesday that financial minister Rachel Reeves would remain chancellor "for a very long time to come" after she was seen crying during prime minister's questions."I'm not going to intrude on her privacy by ta...Reuters
Wed, Jul 2
Other
REFILE-Ex-January 6 defendant gets life in prison for plot to kill FBI agents
By Andrew Goudsward July 2 (Reuters) - A man who took part in the January 6, 2021 attack on the U.S. Capitol was sentenced to life in prison on Wednesday for conspiring to kill the FBI agents who investigated him, according to the U.S. Justice Department and court records. Edward Kelley was convi...Reuters
Wed, Jul 2
Cryptocurrencies
EU looks to attract more private cash for quantum technology to boost the economy
The European Union (EU) rolled out its maiden quantum blueprint on Wednesday, determined to catapult the bloc into a leadership position by 2030 and reduce reliance on the US and China. Executive Vice-President Henna Virkkunen told reporters in Brussels that, despite Europe’s strong record of public investment, over €11 billion in the past five years, […]Cryptopolitan
Wed, Jul 2
Commodities
Exxon, QatarEnergy JV asks US regulators for permission to re-export LNG from October 1
HOUSTON, July 2 (Reuters) - Golden Pass LNG, which is owned by Exxon Mobil XOM.N and QatarEnergy, has asked U.S. regulators for permission to re-export liquefied natural gas from October 1, as the export plant nears production after previous delays.The company said it wants to re-export a cargo of L...Reuters
Wed, Jul 2
Other
UK's Starmer: Reeves will be chancellor for a very long time
LONDON, July 2 (Reuters) - British Prime Minister Keir Starmer said on Wednesday that financial minister Rachel Reeves would remain chancellor "for a very long time to come" after she was seen crying during prime minister's questions."I'm not going to intrude on her privacy by ta...Reuters
Wed, Jul 2
Other
WRAPUP 2-Tennis-Normality returns to Wimbledon as Alcaraz and Sabalenka ease through
Defending champion Alcaraz downs British qualifierWomen's top seed Sabalenka powers into third roundSixth seed Keys, Osaka enjoy comfortable victoriesRaducanu, Norrie and Kartal lead British chargeBy Martyn Herman and Shrivathsa Sridhar LONDON, July 2 (Reuters) - Carlos Alcaraz, Aryna Sab...Reuters
Wed, Jul 2
Stocks
Why Jumia Technologies Stock Sank Today
Jumia (NYSE: JMIA) stock saw a big pullback in Wednesday's trading despite bullish momentum for the broader market. The company's share price fell 5.6% in the daily session. Meanwhile, the S&P 500 and the Nasdaq Composite rose 0.4% and 0.9%, respectively. The stock had been down as much as 10.5% ear...The Motley Fool
Wed, Jul 2
Technical Analysis
Silver Price Forecast: XAG/USD climbs above $36.00, gains more than 1%
The silver price printed solid gains on Wednesday, up 1.40%, yet it remains consolidating within the $36.00-$36.60 range for the second consecutive day. A positive market mood and broad US Dollar strength capped the grey metal’s advance.
Fxstreet
Wed, Jul 2
Other
US judge blocks Trump asylum ban at US-Mexico border, says he exceeded authority
By Ted Hesson WASHINGTON, July 2 (Reuters) - A federal judge on Wednesday blocked President Donald Trump's asylum ban at the U.S.-Mexico border, saying Trump exceeded his authority when he issued a proclamation declaring illegal immigration an emergency and setting aside existing legal proces...Reuters
Wed, Jul 2
Commodities
HIGHLIGHTS-Tennis-Wimbledon day three
LONDON, July 2 (Reuters) - Highlights of the third day at the Wimbledon tennis championships on Wednesday (times GMT):2120 FRITZ BATTLES PAST DIALLO IN LATE THRILLER American fifth seed Taylor Fritz was taken to five sets before overcoming Canadian Gabriel Diallo 3-6 6-3 7-6(0) 4-6 6-3, in a matc...Reuters
Wed, Jul 2
Stocks
OpenAI says it has not partnered with Robinhood for stock tokens
July 2 (Reuters) - OpenAI said on Wednesday it had not partnered with Robinhood HOOD.O for the stock tokens the trading platform unveiled earlier this week.On Monday, Robinhood said it would grant 5 euros worth of OpenAI and SpaceX tokens to eligible users in the EU who register to trade stock token...Reuters
Wed, Jul 2
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