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7/28
10:26
According to data from the U.S. Department of Commerce, the U.S. goods trade deficit narrowed by 4.2% to $101.5 billion in June, primarily due to a broad-based decline in imports. Despite this improvement in the deficit, economists expect trade to continue to weigh on U.S. second-quarter gross domestic product (GDP) growth. Merchandise exports fell to a five-month low, with exports of industrial goods (including petroleum) dropping sharply.
10:25
Apple briefly reached a $5 trillion market capitalization in Tuesday trading, becoming only the second company after Nvidia to hit this milestone. This move reflects shifting investor confidence as Wall Street reassesses the AI race, with Nvidia having previously peaked near $5.7 trillion before pulling back amid concerns over slowing AI spending.
10:25
The Nasdaq 100 fell 1.6% on Tuesday, bringing its total decline to 10% from its June peak and putting it on the verge of a market correction. Investors are increasingly concerned that the significant AI investments by Big Tech companies may not yield strong returns. Attention is now focused on upcoming earnings reports from Microsoft, Meta, and Amazon, which could influence the direction of the tech selloff.
10:23
US President Donald Trump and Ukrainian President Volodymyr Zelensky reportedly met at the White House on Tuesday. While the meeting was not officially confirmed, a White House source indicated that talks began at 9:47 a.m. ET, with leaders expected to discuss diplomatic efforts to end the war in Ukraine.
10:23
The United States and Iran continue to send conflicting signals regarding potential talks, despite an ongoing ceasefire. Former U.S. President Donald Trump stated that Iran had requested negotiations, a claim Tehran explicitly denied, asserting that no U.S. talks are currently underway. Instead, Iran is holding discussions with Oman concerning the Strait of Hormuz, though Iranian officials maintain these talks are unrelated to the U.S. and are focused on Iran's security and sovereignty.
10:21
On July 28, Bitcoin ETFs registered a net inflow of 20 BTC (+$1.23M), despite a 7-day net outflow of 3,170 BTC (-$200.23M). Ethereum ETFs continued their positive trend, seeing a net inflow of 11,285 ETH (+$21.16M) on July 28, bringing their 7-day net inflow to 37,959 ETH (+$71.17M).
10:06
Reddit (NYSE: RDDT) is reportedly considering not renewing its licensing deal with Alphabet (NASDAQ: GOOGL), which currently allows Google to train its artificial intelligence (AI) models on Reddit's content. The social media company believes the existing $60 million per year agreement, established in 2024, may not adequately compensate for the long-term risk of declining traffic as users increasingly rely on AI chatbots for information, potentially bypassing Reddit's forums.
10:06
Columbia Seligman Global Technology Fund stated in its Q2 2026 investor letter that Applied Materials, Inc. (NASDAQ:AMAT) shares rose during the quarter. The fund noted that investor confidence in sustained wafer fabrication equipment spending, driven by AI-driven semiconductor demand, particularly in leading-edge logic and advanced packaging, contributed to the stock's performance. The fund held an overweight position in Applied Materials.
10:05
Billionaire investor Bill Ackman's Pershing Square has built approximately $2.4 billion positions in both Microsoft (MSFT) and Amazon (AMZN). The fund began accumulating Microsoft shares in February 2026 and Amazon shares from mid-2025. Ackman's rationale is based on his view that the market is overreacting to concerns about AI capital expenditure as a margin threat, while both companies demonstrate strong cloud growth, with Azure up 40% and AWS experiencing its fastest acceleration in 15 quarters.
09:55
Apple (AAPL) briefly surpassed a market capitalization of $5 trillion on Tuesday, becoming only the second publicly traded company in history to reach this milestone. This achievement comes less than a year after the company surpassed a market capitalization of $4 trillion in October 2025.
09:55
Ahead of its Q2 2026 earnings report on July 30, Altria (MO) is highlighted for its 5.8% dividend yield and a forward price-to-earnings ratio of 13x. The company has a history of increasing its dividend for 56 consecutive years. Its Q1 2026 earnings beat expectations, leading to a 7% stock price increase.
09:54
Carey Bartell, Executive Vice President, General Counsel, and Corporate Secretary of Conagra Brands (NYSE:CAG), sold 6,045 shares of the company's stock on July 17 and July 19, 2026. The sale, at $14.28 per share, was a non-discretionary transaction to cover tax obligations arising from the vesting of restricted stock units.
09:52
Coinbase CEO Brian Armstrong announced that Rob will be stepping into the role of Chief Technology Officer (CTO) for the company. Armstrong stated that Rob has played a significant role in Coinbase's growth and success, including driving the company to be one of the most AI-enabled companies globally.
09:52
The Nasdaq 100 Index is on track to enter a correction, as investor worries about the eventual payoffs from artificial intelligence investments are souring sentiment in the technology giants that have driven most of this year’s stock-market advance.
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.

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