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7/28
09:51
Apple Inc. has become only the second company in history to achieve a $5 trillion market valuation.
09:46
Crypto exchange Bybit announced it will support the upcoming Polygon (POL) v0.10.0 network upgrade, expected on July 29, 2026, at 2:00 PM UTC. To facilitate the upgrade, Bybit will temporarily suspend deposits and withdrawals for POL starting July 29, 2026, at 1:45 PM UTC. Trading activities will not be affected.
09:44
In its Q2 2026 investor letter, Columbia Seligman Global Technology Fund noted that Advanced Micro Devices (AMD) shares moved sharply higher during the quarter. The fund attributed this surge to a renaissance in the server CPU market, driven by agentic AI. The fund, however, did not hold AMD, which detracted from its overall performance.
09:44
Investment management company Carillon Tower Advisers highlighted Lam Research Corporation (LRCX) in its Q2 2026 investor letter, stating that the company's shares continued to benefit from increased capital expenditure spending by its semiconductor clients. The fund noted that demand for silicon and memory is at record highs, creating a tight supply/demand dynamic that is unlikely to slow soon. Lam Research, which designs and manufactures semiconductor processing equipment, closed at $291.61 per share on July 27, 2026.
09:44
Taiwanese prosecutors have detained an Nvidia employee as part of an ongoing investigation into the alleged smuggling of AI servers equipped with restricted Nvidia chips to China. This marks the third round of detentions in the probe, which now involves seven individuals, including employees from Super Micro and Albatron Technology.

The investigation, which began in May, focuses on the falsification of paperwork to export around 50 Super Micro servers to China, Macau, and Hong Kong, in violation of U.S. export controls. Nvidia stated that smuggling is a "nonstarter" and that its products are sold to partners who ensure compliance with U.S. export rules. The U.S. has banned advanced Nvidia AI chips from reaching China since 2022, citing national security concerns. Taiwan is currently weighing tighter policies on AI chip sales to China.
09:37
Former U.S. President Donald Trump rallied in Georgia, campaigning for Mike Collins. During the rally, Trump touted 'Trump Accounts,' new policies, and highlighted key economic achievements.
09:37
The U.S. Treasury has prevented nearly $100 million in taxpayer funds from being erroneously disbursed to deceased individuals. This action follows the implementation of a new government measure designed to improve oversight and prevent such payments.
09:35
Cryptocurrency exchange Bybit announced it will support the Injective (INJ) v1.20.3 network upgrade, expected around July 29, 2026, 11:30 AM UTC. To facilitate the upgrade, Bybit will temporarily suspend deposits and withdrawals of INJ starting from July 29, 2026, 11:00 AM UTC. Trading of INJ will not be affected during this period.
09:35
DeFi projects that managed to survive the 2022 market downturn, including the collapses of Terra and FTX, are now shutting down in 2026. Analysts suggest this trend is not a sign of industry consolidation, but rather the opposite.
09:33
QuantumScape (QS) shares have fallen 50% this year, reducing its market capitalization to $3.2 billion. An analysis by Yahoo Finance suggests that the company, which holds valuable solid-state lithium-metal intellectual property, could become an acquisition target. Potential acquirers include its original backer Volkswagen and partner Honda, which has $32 billion in cash. The analysis notes QuantumScape's quarterly cash burn is around $65 million.
09:33
A recent analysis indicates that Novo Nordisk's stock has fallen 29% over the past 12 months, as its new weight-loss drug candidates face stiff competition from Eli Lilly. Novo Nordisk's CagriSema, a combination of cagrilintide and semaglutide, was submitted to the U.S. Food and Drug Administration (FDA) in December 2025, with a review expected this year. However, Phase 3 trial data showed CagriSema achieved 23% weight loss, trailing Eli Lilly's already-approved Zepbound (tirzepatide) which showed 25.5%.
09:32
The Bank of Russia has drafted its first set of rules for "organized" crypto trading. These rules aim to establish organized trading, equity requirements, and digital depositories for digital asset markets.
09:26
Tether, a digital asset company, announced on July 28, 2026, that it had signed a Memorandum of Understanding (MoU) with the Nairobi Stock Exchange (NSE) in Kenya. The two parties will collaborate to explore use cases for digital assets, tokenization, blockchain technology, and digital asset education in Africa.The MoU aims to provide education on capital markets in the digital age to NSE-listed brokers and retail investors through training and workshops; support the development of blockchain-based market infrastructure for the tokenization and real-time settlement of securities; and explore the potential for tokenizing real-world assets (RWAs).In addition, the two parties will assess the feasibility of integrating USD₮ as a potential digital settlement infrastructure layer.
09:25
Brandon Nispel, an analyst at KeyBanc Capital Markets, reiterated his “Underweight” rating on Apple (AAPL) stock and set a price target of $250. He expects Apple’s stock price to fall by about 26% from current levels. Nispel believes that as Apple raises iPhone prices, sales growth will slow, which will in turn impact user growth and service revenue growth. In addition, he noted that Apple’s current price-to-earnings ratio is approximately 34 times, and given that its growth model is shifting from volume-driven to price-driven, investors should apply lower valuation multiples; therefore, he believes Apple is currently overvalued.
09:25
Applied Digital Corp (NASDAQ:APLD) reported a 407% year-over-year revenue increase to $258.7 million in its fourth quarter. This surge was fueled by strong demand for AI data centers, as the company accelerates its shift to an AI infrastructure developer. The company also posted adjusted earnings of $0.04 per share, significantly beating analyst estimates of a $0.22 loss. Applied Digital secured approximately $20 billion in new hyperscaler leases, including an $11 billion contract with CoreWeave and a $5 billion lease with another hyperscaler. CEO Wes Cummins stated that demand for high-power-density, purpose-built AI data centers remains "extremely robust."
09:24
Bitwise CIO Matt Hougan believes Bitcoin (BTC) has finally hit a bottom and could be "substantially higher" by year-end. Hougan argues that Bitcoin typically trades in four-year cycles, urging investors to adopt a long-term perspective, similar to its recovery in 2023-2024 after a significant drop in 2022. He highlights Bitcoin's 10,000% increase over the past decade as a store of value. Investment firm Bernstein also recently reiterated its $150,000 price target for Bitcoin.
09:24
On Tuesday, shares of semiconductor companies such as Micron, Micron Technology, and SK Hynix fell, extending the previous trading day’s decline. The PHLX Semiconductor Index had already dropped more than 2%.The sell-off was driven by declines in overseas semiconductor stocks, with South Korea’s SK Hynix falling more than 14% and Samsung Electronics dropping more than 13%. Investor concerns about the return on massive spending by hyperscale companies in artificial intelligence (AI) and increasingly fierce competition from Chinese chipmakers have heightened market uncertainty.
09:24
Over the past year, the U.S. government has invested tens of billions of dollars in taxpayer funds to directly acquire stakes in companies it deems strategically important for competing with China.U.S. Treasury Secretary Scott Bessent explained that, when dealing with non-market economies, the government must implement industrial policy. These investments span industries such as semiconductors, rare earths, lithium, and quantum computing; specific holdings include a 9.9% stake in Intel (at a cost of $11.1 billion) and approximately 15% of MP Materials.
09:23
Bitcoin and Ethereum prices slid on Tuesday, July 28, ahead of the U.S. Federal Reserve's two-day policy meeting. Bitcoin opened 2.5% lower at $63,706.66, and Ethereum opened 3.2% lower at $1,890.67. The CME Group's FedWatch tool indicates a 35.8% chance of a Fed rate hike following the meeting, up from 25.7% last week, with some analysts calling it the hardest Fed meeting to predict in years.
09:18
Markets are closely watching the Bank of Japan (BoJ) meeting scheduled for Friday, as the Japanese yen is repeating 40-year lows against the US dollar. Analysts have warned that this situation could lead to a repeat of the 2024 yen carry-trade unwind, an event that previously pressured crypto markets.

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