News
Important Only
GBP/JPY Price Forecast: Sterling set for weekly gains amid broad Yen weakness
ReutersFri, Jul 11
Braskem: Aware Of Media Reports About Proposed Lawsuit Related To Alagoas Case
CryptopolitanFri, Jul 11
Trump’s planned levies on Asian partners may do less damage
ReutersFri, Jul 11
Kraft Heinz Is Preparing To Break Itself Up - WSJ
The Motley FoolFri, Jul 11
Why Nike Stock Dropped on Friday
ReutersFri, Jul 11
GRAINS-Corn sets contract lows on expectations for big US crop
Commodities
Braskem: Aware Of Media Reports About Proposed Lawsuit Related To Alagoas Case
July 11 (Reuters) - BRASKEM BRKM5.SA:IT IS AWARE OF MEDIA REPORTS ABOUT A PROPOSED LAWSUIT SEEKING 4 BILLION REAIS IN COMPENSATION RELATED TO ALAGOAS CASE - STATEMENTIT HAS NOT BEEN SUBPOENAED - STATEMENTReuters
Fri, Jul 11
Cryptocurrencies
Trump’s planned levies on Asian partners may do less damage
In a Thursday briefing, Goldman Sachs analysts suggested that President Donald Trump’s proposed levies on Asian trade partners might prove less harmful to local markets than many had anticipated. They added that although these duties are likely to leave a lasting mark, they might simultaneously enhance investors’ outlook, as reported by Business Insider. “The fundamental […]Cryptopolitan
Fri, Jul 11
Other
Kraft Heinz Is Preparing To Break Itself Up - WSJ
July 11 (Reuters) - Kraft Heinz Co KHC.O:KRAFT HEINZ IS PREPARING TO BREAK ITSELF UP - WSJKRAFT HEINZ EYEING SPINNING OFF LARGE CHUNK OF GROCERY BUSINESS INTO NEW ENTITY THAT COULD BE VALUED AT AS MUCH AS $20 BILLION ON ITS OWN - WSJSource text: https://on.wsj.com/44DRNrCReuters
Fri, Jul 11
Stocks
Why Nike Stock Dropped on Friday
Key PointsNike announced yesterday it will replace the CEO of its Converse brand.Nike sales sank 10% last year, and its Converse sales fell twice as fast. Nike's earnings shrank by 44% last year, yet the stock costs more than 30x earnings.10 stocks we like better than Nike › Shares of shoes and spor...The Motley Fool
Fri, Jul 11
Commodities
GRAINS-Corn sets contract lows on expectations for big US crop
Traders focus on favorable US crop weatherUSDA report keeps corn, soy yield estimates steadyUS soy carryout tops average estimate for 2025-26By Tom Polansek CHICAGO, July 11 (Reuters) - Chicago Board of Trade corn futures set contract lows and soybean futures sagged on Friday on expectations that...Reuters
Fri, Jul 11
Commodities
US oil/gas rig count down for 11th week to lowest since 2021, Baker Hughes says
By Scott DiSavino July 11 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for an 11th week in a row for the first time since July 2020 when the COVID-19 pandemic cut demand for the fuel, energy services firm Baker Hughes BKR.O said in its closely follo...Reuters
Fri, Jul 11
Cryptocurrencies
Shiba Inu (SHIB) vs Mutuum Finance (MUTM): Which is the Next Crypto to Hit $1?
Investors are eyeing this face-off between a seasoned meme giant and a rising DeFi powerhouse, with July heating up and crypto bulls sniffing out the top tokens to buy before summer ends. While Shiba Inu continues its slow grind, Mutuum Finance (MUTM) is stealing the spotlight, quietly gaining traction as possibly the best crypto to […]Cryptopolitan
Fri, Jul 11
Stocks
Why XRP Skyrocketed This Week
Key PointsXRP surged this week, boosted by Bitcoin's new all-time high. Ripple Labs CEO Brad Garlinghouse testified before the Senate Banking Committee, advocating for clearer regulatory guidelines10 stocks we like better than XRP › XRP (CRYPTO: XRP) is on the rise this week, up 25.3% from last Thur...The Motley Fool
Fri, Jul 11
Stocks
Time to Dump SCHD?
Patience has worn thin for many who track or invest in what I believe is a great dividend ETF, in the Schwab US Dividend Equity ETF (NYSEMKT: SCHD). The ETF provides stability to any portfolio as it is well diversified outside of technology and provides a stable high yield and growing dividend.The d...The Motley Fool
Fri, Jul 11
Cryptocurrencies
Best Altcoins to Watch as Trump Eyes Quick Crypto Win with Stablecoin Bill
Is the US finally ready to publish its first-ever major piece of crypto legislation? President Donald Trump urged House Republicans to swiftly pass the Senate-approved stablecoin bill – officially the GENIUS Act – signaling an imminent White House signing that would usher in the first comprehensive ...Bitcoinist
Fri, Jul 11
Commodities
Venezuela's PDVSA oil sales abroad hit $17.5 billion in 2024 as exports jump
July 11 (Reuters) - Venezuelan state-run PDVSA's oil sales abroad in 2024 stood at $17.52 billion, according to a results document seen by Reuters on Friday, as exports jumped due to U.S. licenses allowing foreign partners to operate in the sanctioned OPEC member. There are no comparative...Reuters
Fri, Jul 11
Stocks
Why Nio Stock Keeps Going Up
Key PointsA Morgan Stanley analyst reiterated his buy recommendation on Nio stock Thursday.Nio has a new discount luxury EV coming out in August that compares favorably to its rivals on price and design.What Nio doesn't have is profits.10 stocks we like better than Nio › Shares of Chinese electric v...The Motley Fool
Fri, Jul 11
Economic Indicator
Trump says he will speak to Lula at some point as Brazil downplays tariff impact
Brazil expects minimal impact on growth from US tariffsOil remains exempt, source saysTrump says he will speak to President Lula at some pointChina criticizes US tariffs as coercive and interferingBy Nandita Bose, Bernardo Caram and Gabriel Araujo WASHINGTON/BRASILIA/SAO PAULO, July 11 (Reuters) ...Reuters
Fri, Jul 11
Stocks
Cloudflare to benefit from rapid innovation, Morgan Stanley says
** Software firm Cloudflare NET.N is benefiting from relentless innovation, strong management and market leadership - Morgan Stanley** Brokerage raises PT on NET to $225 from $150, implying ~24% upside to stock's last close** Cloudflare leads in internet traffic and security, delivers strong fin...Reuters
Fri, Jul 11
Commodities
Taiwan's CPC Corp eyes US shale gas assets, sources say
Potential deal could boost Taiwan's political leverage with USLooks to tap into US LNG expansionCPC explored possible bids for private equity-backed assets, sources sayThese include Haynesville shale field By Georgina McCartney and Shariq Khan HOUSTON, July 11 (Reuters) - Taiwan's sta...Reuters
Fri, Jul 11
Stocks
Why Plug Power Stock Soared This Week
Key PointsPlug Power struck a multiyear deal that will provide the company with fuel at a reduced rate.The company said that the deal was made possible in part by recently passed U.S. legislation supporting domestic hydrogen initiatives.10 stocks we like better than Plug Power › Shares of Plug Power...The Motley Fool
Fri, Jul 11
Stocks
LIVE MARKETS-Individual investor bulls take a pause, bears push forward - AAII
Dow down ~0.7%, S&P 500 dips, Nasdaq now ~flatHealthcare weakest S&P 500 sector; Energy leads gainersDollar up; gold up ~1%; crude up >2%; bitcoin rallies >3%U.S. 10-Year Treasury yield rises to ~4.42%Welcome to the home for real-time coverage of markets brought to you by Reuters repor...Reuters
Fri, Jul 11
Other
Ukrainian military to work with US envoy Kellogg next week, Zelenskiy says
KYIV, July 11 (Reuters) - The United States has resumed military supplies to Ukraine, President Volodymyr Zelenskiy said on Friday, adding that his army leaders would work next week with U.S. special envoy Keith Kellogg.Kellogg is expected to arrive in Kyiv on Monday for a week-long visit, the Ukrai...Reuters
Fri, Jul 11
