News
Important Only
CryptopolitanThu, Jul 10
Strategy’s tax exposure is a head-on collision with a cash flow gap
The Motley FoolThu, Jul 10
Why AMD Stock Is Surging Today
ReutersThu, Jul 10
Gunmakers lose appeal of New York public nuisance law
ReutersThu, Jul 10
FOREX-Dollar rise against major currencies; bitcoin hits fresh record high
ReutersThu, Jul 10
ADVISORY-Alert incorrectly tagged to Harmonic Inc withdrawn
ReutersThu, Jul 10
Brazil to explore new agricultural markets after Trump tariff announcement
Cryptocurrencies
Strategy’s tax exposure is a head-on collision with a cash flow gap
For years, Michael Saylor has proudly declared that Strategy would “never sell” its Bitcoin. That mantra faces a stern test with new taxation laws. Fresh SEC filings and tax rules mean some of the coins in Strategy’s 597,325 BTC (roughly $67 billion at current prices) treasury may have to go. In a July 7 Form 8‑K, Strategy laid out a […]Cryptopolitan
Thu, Jul 10
Stocks
Why AMD Stock Is Surging Today
Key PointsAMD is jumping today after HSBC raised its rating on the stock from hold to buy. HSBC also raised its one-year price target on AMD from $100 per share to $200 per share. 10 stocks we like better than Advanced Micro Devices › Advanced Micro Devices (NASDAQ: AMD) stock is seeing significant ...The Motley Fool
Thu, Jul 10
Other
Gunmakers lose appeal of New York public nuisance law
Law exposes gun industry to civil lawsuits for violenceCourt says New York not preempted by 2005 federal lawGun industry exploring legal optionsNew York attorney general hails 'massive victory'By Jonathan Stempel NEW YORK, July 10 (Reuters) - A federal appeals court on Thursday upheld a N...Reuters
Thu, Jul 10
Forex
FOREX-Dollar rise against major currencies; bitcoin hits fresh record high
Dollar pinned by drop in Treasury yields, dovish FedBrazil's real hits 1-month low as Trump criticizes Bolsonaro trialBitcoin hits fresh record high, rising above $113,000By Hannah Lang, Chibuike Oguh NEW YORK, July 10 (Reuters) - The U.S. dollar rose against major currencies including the eu...Reuters
Thu, Jul 10
Other
ADVISORY-Alert incorrectly tagged to Harmonic Inc withdrawn
Alert on AI firm Harmonic raising $100 million was inadvertently tagged to broadband delivery solutions provider Harmonic Inc HLIT.O, an unrelated firm, and has been withdrawn.For the correct alert on Harmonic's funding round, click nFWN3T70DD. STORY_NUMBER:nFWN3T70NISTORY_DATE:10/07/202...Reuters
Thu, Jul 10
Commodities
Brazil to explore new agricultural markets after Trump tariff announcement
SAO PAULO, July 10 (Reuters) - Brazil's Agriculture Minister Carlos Favaro said on Thursday his country will look to expand markets and reduce trade barriers, after U.S. President Donald Trump announced a 50% tariff on imports from Latin America's largest economy.In a statement, Favaro said ...Reuters
Thu, Jul 10
Other
Indeed, Glassdoor to cut 1,300 jobs amid AI integration, memo shows
July 10 (Reuters) - Recruit Holdings 6098.T, the Japanese parent of Indeed and Glassdoor, will reduce headcount by around 1,300 across the two job sites amid a shift in focus toward artificial intelligence, according to a memo seen by Reuters on Thursday.The cuts — representing about 6% of the HR te...Reuters
Thu, Jul 10
Commodities
CBOT corn ends steady-firm on export demand; USDA monthly data awaited
CHICAGO, July 10 (Reuters) - Chicago Board of Trade corn futures ended mostly steady to firmer on Thursday on strong weekly U.S. export data and short-covering ahead of monthly supply/demand reports due on Friday, but near-ideal crop weather bolstered crop prospects, capping rallies, traders said.CB...Reuters
Thu, Jul 10
Other
Trading giant Virtu backs plan for IEX's proposed options exchange
July 10 (Reuters) - Trading and market making firm Virtu Financial threw its support behind a proposal by IEX to launch a new U.S. options exchange, saying the initiative could promote competition and innovation.In a letter to the Securities and Exchange Commission dated July 9, Virtu called IEX'...Reuters
Thu, Jul 10
Other
Texas floods highlight progress and peril in US flood forecasting
By Mia MacGregorJuly 10 - (The Insurer) - Flood forecasting and warning systems in the U.S. have improved significantly over the years, but experts warn that progress could stall as climate change drives more severe weather and proposed federal budget cuts threaten critical research and staffing.The...Reuters
Thu, Jul 10
Commodities
EXCLUSIVE-Mali military helicopter airlifts gold from Barrick-owned Loulo-Gounkoto
By Portia Crowe and Divya Rajagopal DAKAR/TORONTO, July 10 (Reuters) - A Malian military helicopter airlifted gold from the Barrick-owned Loulo-Gounkoto complex on Thursday, three sources said, days after Reuters reported that a court-appointed administrator planned to sell the site's bullion...Reuters
Thu, Jul 10
Commodities
ICE canola futures stabilize after recent decline
WINNIPEG, Manitoba, July 10 (Reuters) - ICE canola futures moved little in Thursday's session, following days of significant moves.• November canola RSX5 settled up $4.10 at $685.10 per metric ton. Gains were progressively higher in further out contract months. • Analysts say the growing glut of...Reuters
Thu, Jul 10
Economic Indicator
Fed's Daly notes some relieved tariffs not as high as first expected
NEW YORK, July 10 (Reuters) - Federal Reserve Bank of San Francisco President Mary Daly said Thursday she’s heard about some relief among her business contacts that tariffs have not been as large as they were when they were first announced. Daly, speaking at a Market News International event, also s...Reuters
Thu, Jul 10
Stocks
Citi forecasts above-consensus 5% FY26 growth for Australia's Computershare
** Citi continues to forecast earnings per share growth for Computershare CPU.AX above consensus, projecting a 5% increase in FY26** Brokerage says a combination of cost savings, improved margin income yield on hedged balances, and other factors should justify the FY26 EPS growth estimate** Citi exp...Reuters
Thu, Jul 10
Cryptocurrencies
Kraken introduces local currency funding in Argentina (ARS) and Mexico (MXN)
Kraken, a major cryptocurrency exchange, has just expanded its services in Latin America by introducing local currency funding options in Argentina and Mexico, two of the region’s most active crypto markets. The expansion aligns with the company’s ongoing commitment to improving its reputation as a trusted, compliant, and localized infrastructure to support crypto adoption across […]Cryptopolitan
Thu, Jul 10
Other
Israeli strike kills children near Gaza clinic with no immediate truce in sight
Sixteen Palestinians killed by airstrike near Gaza clinicIsraeli army says it targeted October 7 militantCeasefire talks continue; no immediate deal in sightBy Crispian Balmer, Nidal al-Mughrabi and Ali Sawafta JERUSALEM/CAIRO, July 10 (Reuters) - An Israeli airstrike hit Palestinians near a medi...Reuters
Thu, Jul 10
Commodities
MP Materials seals mega rare-earths deal with US to break China's grip
US Defense Dept to become MP Materials' biggest shareholderDeal will boost US output of rare earths, loosen China's dominanceDefense Dept will also guarantee a floor price for key rare earthsFloor price will be twice current Chinese market priceMP Materials' shares surge nearly 50% on ne...Reuters
Thu, Jul 10
Other
EPA must reinstate employees placed on leave for dissent letter, says union
By Leah Douglas WASHINGTON, July 10 - Employees of the U.S. Environmental Protection Agency recently placed on leave after signing a letter critical of the Trump administration's policies should be reinstated, said a union official in a letter to EPA Administrator Lee Zeldin on Thursday. The ...Reuters
Thu, Jul 10
Stocks
Why SoundHound AI Stock Fell 8% This Morning
Key PointsSoundHound AI stock surged earlier in the week but lost ground on Thursday.Thursday's pullback is a typical reaction after a speculative price spike.The stock is still trading above Wall Street's average price target.10 stocks we like better than SoundHound AI › Shares of SoundHound AI (NA...The Motley Fool
Thu, Jul 10
Commodities
Trump copper tariffs could help Antofagasta's stalled US project, CEO says
By Fabian Cambero SANTIAGO, July 10 (Reuters) - Chilean copper miner Antofagasta ANTO.L sees opportunity for its stalled copper project in the U.S. following President Donald Trump's move to impose 50% import tariffs on the metal, CEO Ivan Arriagada said on Thursday.London-listed Antofagasta ...Reuters
Thu, Jul 10
Other
Trump to use presidential authority to send weapons to Ukraine, sources say
Trump plans to use power for first time in 47th presidencyPresident could release around $300 million in U.S. weaponsUse of authority may show shift in Trump's Ukraine policyBy Mike Stone WASHINGTON, July 10 (Reuters) - President Donald Trump for the first time since returning to office will ...Reuters
Thu, Jul 10
