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Market Movers
GSK plc Stock (GSK) Closed Down by 3.17% on Jul 20: Facts Behind the Movement
• GSK stock faces downward pressure from ongoing Zantac litigation liabilities and regulatory uncertainty. • Heightened competition in vaccine markets and rising research costs impact investor sentiment. • Technical indicators, including Williams %R, signal potential selling pressure for the stock.
GSK plc
Eli Lilly and Co
Johnson & Johnson
Pfizer Inc
TradingKey
Mon, Jul 20
Economic Indicator
Asia FX: Oil rebound pressures INR and THB – MUFG
MUFG’s Lloyd Chan highlights that higher Oil prices and persistent inflation risks are weighing on Asian currencies, with the Indian Rupee (INR) and Thai Baht (THB) underperforming against the US Dollar.
Brent
Fxstreet
Mon, Jul 20
Cryptocurrencies
Exodus is set to layoff 25% of its workforce
Crypto wallet company Exodus is laying off 25% its workforce as it looks to restructure its business towards stablecoin payments. Exodus announced the cut on Friday, saying the decision is intended to align the company’s cost structure and priorities with its ongoing efforts to become a card issuance and payments platform through its recently acquired...
Cryptopolitan
Mon, Jul 20
Economic Indicator
Brent: Geopolitics support crude and cracks – Societe Generale
Societe Generale’s Michael Haigh and Jeremy Sellem highlight that Brent has surged as US-Iran tensions, Trump’s rhetoric and Houthi blockade threats lift risk premia. Crack spreads in Asia and US have outperformed as refined products stay tighter than crude.
Brent
Fxstreet
Mon, Jul 20
Cryptocurrencies
Trump's AI safety head leaves role after three months
Chris Fall has resigned as the director of the Center for AI Standards and Innovation after about three months in the job. The Commerce Department confirmed his departure on Monday. Now the federal government’s main AI-testing body is left without a permanent chief. Why did Chris Fall leave CAISI? Axios was the first outlet to...
Cryptopolitan
Mon, Jul 20
Economic Indicator
China: Chinese AI models challenge US-led economics – Deutsche Bank
Deutsche Bank strategists analyses China’s AI (Artificial intelligence) ecosystem, noting that Chinese models are rapidly catching up in capability while being priced near mid-tier US systems.
Fxstreet
Mon, Jul 20
Commodities
Gold edges lower as Middle East conflict boosts the US Dollar
Gold price edges down some 0.19% on Monday as hostilities between the US and Iran extended, following a short-lived truce that began after both countries agreed to a ceasefire, which was broken nine days ago. At the time of writing, XAU/USD trades at $4,011.
Gold
Fxstreet
Mon, Jul 20
Cryptocurrencies
Armstrong says his posts aren't endorsements. Traders ignore him anyway.
Coinbase CEO Brian Armstrong told his followers on X that his posts do not serve as an endorsement of any kind. Regardless, traders ignored his “warnings” with many pushing back. On July 20, Armstrong responded to the buzz around his social media activity, particularly his profile picture, and reiterated the disclaimer on his X bio....
Cryptopolitan
Mon, Jul 20
Economic Indicator
Argentina Trade Balance (MoM) below forecasts ($2060M) in June: Actual ($2M)
Argentina Trade Balance (MoM) below forecasts ($2060M) in June: Actual ($2M)
Fxstreet
Mon, Jul 20
Cryptocurrencies
Microsoft to deploy AMD's new Helios AI system in its data centers, lifting AMD's stock over 3%
AMD’s stock increased by almost 5% on Monday following the chip company’s announcement that it and Microsoft were strengthening their business partnership, with Microsoft agreeing to integrate AMD’s new rack-scale AI technology into its data centers. Investors now have more motivation to support AMD as a legitimate rival since the move is perceived as a...
Cryptopolitan
Mon, Jul 20
Commodities
Copper: Speculators rebuild longs on tight supply – TD Securities
TD Securities’ commodity strategy team highlights that, after a five‑week reduction in Copper longs, speculators have resumed adding net length, supported by firm Chinese premiums, low arrivals and inventory draws on the LME and SHFE.
Copper
Fxstreet
Mon, Jul 20
Forex
Canadian Dollar falls as softer Canadian inflation weighs on the Loonie
USD/CAD trades higher near the 1.4060 area on Monday, recovering from below 1.4000 as the Canadian Dollar (CAD) weakens following softer-than-expected domestic inflation data. The US Dollar Index (DXY) also rises around 0.2% near 101.00, providing additional support to the pair.
USD/CAD
Fxstreet
Mon, Jul 20
Cryptocurrencies
Kalshi traders give only a 25% chance Coinbase's Q2 volume tops $170 billion
With the cryptocurrency exchange scheduled to report data on July 30, traders on prediction market platforms are wagering that Coinbase’s trading volume in the second quarter fell significantly below projections. Part of the reason the bets are getting attention is that the platforms that handle them have expanded significantly in the last 12 months. In...
Cryptopolitan
Mon, Jul 20
Indices
United States Dollar Index rebounds as Middle East tensions drive demand
The US Dollar Index (DXY) edges higher on Monday as heightened tensions in the Middle East drive demand for the safe-haven Greenback.
US Dollar Index
Fxstreet
Mon, Jul 20
Cryptocurrencies
China now has more than 400 complete humanoid robot models
The Chinese robotics market had a blast in the first half of the year, with sales topping the rest of the world. Data released by the Ministry of Industry and Information Technology on Monday says Chinese quadruped robots accounted for nearly 70% of global sales in H1 2026. China has also now built 400 humanoid...
Cryptopolitan
Mon, Jul 20
Cryptocurrencies
IQM and Deutsche Bahn tested quantum scheduling on 190 rail trips across five German cities
A real German rail timetable has now been processed with a quantum system, giving the industry a test using railway data rather than a classroom example. IQM Quantum Computers (Nasdaq: IQMX) cooperated with Deutsche Bahn in running 190 train paths in five cities. This scheduling problem offered 98,500 combinations, making the task impossible to check...
Cryptopolitan
Mon, Jul 20
Market Movers
Hut 8 Corp Stock (HUT) Moved Up by 11.76% on Jul 20: Facts Behind the Movement
• Hut 8 stock rose due to rising digital asset valuations and operational efficiency improvements. • The company is expanding into high-performance computing and artificial intelligence infrastructure. • Analysts currently hold an average price target of $113.17 for Hut 8 stock.
Hut 8 Corp
IREN Ltd
Robinhood Markets Inc
Intuit Inc
TradingKey
Mon, Jul 20
Market Movers
Spotify Technology SA Stock (SPOT) Moved Up by 3.16% on Jul 20: Drivers Behind the Movement
• Cost-cutting and subscription price increases are driving Spotify’s projected operating income growth. • Analysts cite platform dominance, audiobook expansion, and improved advertising margins for price revisions. • Spotify reports $20.44 billion in annual revenue with a neutral RSI of 50.441.
Spotify Technology SA
Microsoft Corp
Alphabet Inc Class A
Meta Platforms Inc
TradingKey
Mon, Jul 20
Cryptocurrencies
KuCoin price prediction 2026–2032: Is KCS a good investment?
Key takeaways KuCoin Token (KCS) is the native utility token of the KuCoin ecosystem, and our KuCoin price prediction points to a maximum of $18.00 in 2026, with longer-term projections reaching an average of $74.20 and a high of $96.80 by 2032. Introduced in 2017, KCS gives holders discounts on trading fees, daily rewards from...
Cryptopolitan
Mon, Jul 20
Cryptocurrencies
Google's Frozen v2 chip reports set off stock rally
Alphabet (NASDAQ: GOOG) shares climbed roughly 3% after news emerged that Google is developing a new server chip, internally called Frozen v2, which is designed to run its Gemini AI models more efficiently. Class C shares closed at $346.12 on Friday, which put the intraday move at roughly $11 per share. According to reports, the...
Cryptopolitan
Mon, Jul 20
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