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7/29
10:38
New details are emerging that US and Israeli officials had anticipated a straightforward and short-lived outcome in a potential war with Iran. Reports indicate that former Israeli Prime Minister Benjamin Netanyahu presented regime change scenarios to then-US President Donald Trump, while US Senator Lindsey Graham reportedly described a timeline of weeks for such a conflict.
10:30
Mad Money host Jim Cramer endorsed regional bank First Horizon (FHN) on July 27, calling it "a terrific stock, very inexpensive." This follows the bank's Q2 results, which showed a 20% year-over-year growth in adjusted earnings per share (EPS) to $0.54, beating consensus estimates. However, analysis suggests the stock, currently trading near $25.40 and up 13.14% over the past year, is no longer cheap, trading 10% above its 10-year average tangible book value.
10:30
Distiller Sazerac’s all-cash acquisition offer of $32 per share for Brown-Forman Corporation (NYSE:BF-B) has been rejected by the Brown family. The Brown family holds more than 50% of Brown-Forman’s Class A voting shares through Wolf Pen Branch LP, so any transaction involving a change in control requires their approval. This marks the second high-profile M&A attempt to be thwarted by Brown-Forman in 2026, following the termination of negotiations with France’s Pernod Ricard on April 28. Sazerac’s offer exceeded Brown-Forman’s current share price of approximately $28, but the Brown family’s rejection highlights the parties’ disagreement over the company’s valuation.
10:30
Steven E. Voskuil, Senior Vice President and Chief Financial Officer at The Hershey Company (NYSE:HSY), sold 1,500 shares of the company's common stock, valued at approximately $255,000, on July 20, 2026. According to an SEC filing, this transaction was executed under a prearranged Rule 10b5-1 plan adopted 14 months prior, indicating it was scheduled independently of current market conditions.
10:27
On July 29, Bitcoin exchange-traded funds (ETFs) experienced net outflows, with a daily net outflow of 977 BTC (approximately $62.73 million) and a seven-day net outflow totaling 7,225 BTC (approximately $464.05 million). In contrast, Ethereum ETFs recorded net inflows, seeing 2,000 ETH (approximately $3.8 million) flow in on July 29, and a total of 20,277 ETH (approximately $38.49 million) over the past seven days.
10:20
ING Group said that if the U.S. Federal Reserve (Fed) keeps interest rates unchanged at its meeting this Wednesday, the dollar will come under pressure and may fall along with oil prices.
10:19
Andrew P. Nocella, Executive Vice President and Chief Commercial Officer of United Airlines Holdings, Inc. (NASDAQ:UAL), disposed of 13,794 shares of company stock for approximately $1.6 million on July 25 and 28, according to a recent SEC filing. Approximately 70% of the shares sold, or 9,594 shares, were withheld to satisfy tax obligations related to the settlement of performance-based restricted stock units granted in 2024.
10:17
Credit default swaps (CDS) are surging, signaling pressure in credit markets and consequently raising the cost of financing artificial intelligence. This development is also allowing Wall Street to identify potential winners and losers in the AI sector, amidst Big Tech's planned multi-trillion dollar investments in AI.
10:13
Ethereum The Foundation (EF) has appointed pcaversaccio (known as “pc”), a long-time contributor to the ecosystem and renowned security researcher, to its Board of Directors.This appointment brings the total number of Foundation board members to four, including Vitalik Buterin, co-founder of Ethereum. This move comes as the Ethereum Foundation undergoes significant leadership changes, with several senior researchers and executives having recently departed, and the Foundation is realigning its role from a focus on ecosystem development to long-term management.
10:12
Elon Musk has settled a long-running legal battle with advertisers on the social media platform X, according to a report by the Financial Times.
10:09
Tether's USAT stablecoin has officially launched on the Celo blockchain, marking its first expansion beyond the Ethereum network. On Celo, USAT can be used to pay for gas fees, allowing users to conduct transactions without needing to hold multiple tokens.
10:08
ARK Invest recently purchased several million dollars' worth of stocks in the space sector, including companies such as Rocket Lab, Kratos, and Intuitive Machines. Meanwhile, Elon Musk's SpaceX is preparing to carry out a classified mission.
10:06
Deutsche Bank strategist Jim Reid noted in his analysis that, despite strong corporate earnings, the S&P 500 has remained virtually stagnant since early May, a trend that may be linked to historical patterns leading up to U.S. midterm elections. Historical data shows that in the year leading up to midterm elections, the S&P 500 typically underperforms and is prone to summer pullbacks; however, it usually resumes its upward trend within months of the election. In 20 cycles since World War II, the index has never recorded a negative return within nine months of an election. The current second-quarter earnings season has been exceptionally strong: with about one-third of constituent stocks having reported results, nearly 90% have exceeded expectations, and overall earnings are approximately 10% higher than market forecasts. Additionally, the conflict in Iran and rising oil prices have added further uncertainty to this cycle.
09:49
Crypto whale 0xC8b5 has opened a 3x long position on 37,229 $SKHX, valued at $37.3 million, and is currently up $778,000. This follows previous trades where the whale lost over $1 million on each of its last three attempts.
09:42
Marsh & McLennan Companies, Inc. (NYSE:MRSH), the world’s largest insurance brokerage and risk management firm, is planning to boost productivity through the use of artificial intelligence (AI) and to centralize its technology and operations to drive efficiency and achieve significant cost savings. The company’s management is implementing a unified rebranding initiative, which includes a cost-cutting plan. Oakmark U.S. Concentrated Strategy mentioned Marsh & McLennan in its second-quarter 2026 investor letter, noting that the company holds a leading position in an oligopolistic market and is expected to further strengthen its performance through these operational improvements.
09:40
BNY Mellon is launching a blockchain-based transfer agency platform. This initiative will see the bank move core financial records onchain as it expands its digital asset infrastructure.
09:33
Michael Saylor, co-founder and executive chairman of MicroStrategy, stated on social media that while governments can accelerate or delay the adoption of Bitcoin, they cannot stop Bitcoin. He emphasized that Bitcoin will continue to grow “block by block, country by country.”
09:31
Bitcoin (BTC) rose 0.2% to $64,244.18 and Ethereum (ETH) dipped to $1,904.82 on Wednesday, July 29. Crypto investors are closely monitoring the U.S. Federal Reserve's rate decision later today, with price movements also following renewed airstrikes in the Middle East.
09:28
On-chain analytics firm Lookonchain reported that two major whales are currently engaged in a significant long/short battle over the $CXMT token. Whale 0xf292 has taken a short position of 2.8 million $CXMT, valued at $20 million, and is currently down $1.9 million, having paid $1.04 million in funding fees. Conversely, whale 0x9a80 holds a long position of 1.63 million $CXMT, valued at $11.66 million, and is currently up $853,000, having earned $606,000 in funding fees.
09:22
U.S. startup Eliyan announced Wednesday that it had raised $145 million in funding, bringing its valuation to $1 billion. The company is dedicated to developing technology to alleviate data transfer bottlenecks between AI chips within data centers. Currently, most AI chips process data much faster than they can transmit it, resulting in idle chips. Eliyan aims to address this issue by offering standalone solutions, licensing its technology, and providing “chiplets” that can be integrated into custom processors. Early investors from Cisco Systems, Lumentum, and Mellanox participated in this funding round. Eliyan expects to begin initial shipments of chiplets this year and projects sales to reach hundreds of millions of dollars by the end of 2027.

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