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8/16
17:21
President Trump says he has instructed Defense Secretary Pete Hegseth to reduce U.S. joint military exercises with South Korea.
President Trump says he has instructed Defense Secretary Pete Hegseth to reduce U.S. joint military exercises with South Korea. The move signals a potential shift in Washington’s military posture on the Korean Peninsula.
17:14
HBAR (Hedera) price pulls back to $0.06478, hitting a near 365-day low.
17:12
Israelis harass Palestinian-owned cafe in Iceland, tearing down a framed map of Palestine after harassing staff over its slogan
CCTV video from a cafe owned by Palestinians in Iceland shows what appear to be Israeli tourists ripping a framed map of Palestine off the wall after they harassed the staff for having a map that read: “From the river to the sea, Palestine will be free,” on the wall.
17:12
Turkish President Erdogan says Hamas acted sincerely, criticises Israeli attacks on Gaza and Lebanon
Turkish President Recep Tayyip Erdogan made these remarks in an exclusive interview with Al Jazeera, adding that Trump is concerned about the situation and Turkiye will continue to warn against further escalation.
16:39
NVIDIA plans to invest up to $3 billion to acquire a stake in power infrastructure developer Lancium to secure the power supply needed for AI chips.
According to The Information, NVIDIA will invest $2 billion in Lancium for approximately 20% equity, with a potential additional $1 billion if Lancium secures more grid interconnections. Lancium is the power infrastructure developer behind the Stargate data center project, a joint venture by SoftBank, OpenAI, and Oracle, which was unveiled by President Donald Trump in January. NVIDIA's move aims to address power constraints facing large-scale AI chip deployments by investing in the infrastructure layer, ensuring long-term demand visibility for its GPU architecture. Lancium plans to use these funds to expand its operations and is considering an IPO as early as 2027.
16:16
Federal prosecutors and SEC are investigating Dodgers owner Mark Walter for alleged fraud involving billions in loans from his controlled insurers, focusing on four intermediary businesses.
16:13
Donald Trump criticized Fox News host Shannon Bream, calling her show negative and accusing it of failing to report on his administration's achievements, while listing several of his administration's "victories."
Donald Trump posted on Truth Social, accusing Shannon Bream's show of always choosing negative guests, charts, and "polls," and never mentioning his "incredible accomplishments" during his administration. He listed examples including "full border control," "the most successful stock market in history" (81 record days in a year and a half), "the largest investment in history" ($19.2 trillion), "a great military victory over Venezuela," and "the denuclearization of Iran." He also claimed he is "returning to the Oval Office to continue working for the country."
16:00
Eight major oil giants' combined profits exceeded $90 billion in the second quarter during the Iran war, doubling from the same period last year.
After Israeli and US attacks on Iran and the subsequent outbreak of war, Iran decided to close the Strait of Hormuz, leading to the largest disruption in fossil fuel supply in market history. This drove oil prices to soar, with Brent crude rising from around $68 per barrel at the end of February to nearly $100 by May. The combined profits of eight companies—Saudi Aramco, BP, Shell, Equinor, TotalEnergies, Eni, Chevron, and ExxonMobil—exceeded $90 billion between April and June, almost double the less than $50 billion recorded in Q2 2025. US President Donald Trump criticized ExxonMobil and Chevron for "making too much money" from high crude oil prices.
15:58
Erdogan says Israeli attacks on Lebanon are a serious concern for Türkiye
15:54
Analysis suggests Adobe stock is currently undervalued, despite its strong recent performance and rapid revenue growth from AI products.
Yahoo Finance analysis points out that Adobe's stock is currently trading at about 10 times its expected earnings for the next year, far below its 52-week high, and the market seems to be treating it as a company with stagnant growth. However, Adobe's revenue reached a record $6.62 billion in the second quarter of fiscal year 2026 (ending May 29), a 13% year-over-year increase; adjusted earnings per share were $5.96, an 18% year-over-year increase. In addition, its AI-first products' annual recurring revenue (ARR) more than tripled year-over-year, exceeding $500 million. The analysis suggests that despite factors such as AI competitive threats and executive changes, the undervaluation of the stock is inconsistent with the company's actual growth performance.
15:30
Turkish President Erdogan Calls for Reopening of Strait of Hormuz Amid Oil Disruption
Turkish President Recep Tayyip Erdogan stated that global oil flows must resume, adding that both Turkey and Iran support keeping oil moving through the strategic waterway.
14:45
Coinbase CEO Brian Armstrong states crypto is the currency of AiFi (agentic finance), as agents require programmable, global, instant, low-fee money to operate effectively and efficiently.
14:05
Former Israeli captive Rom Braslavsky requests National Security Minister Ben-Gvir to allow him to execute Palestinian prisoners by hanging.
Israeli National Security Minister Itamar Ben-Gvir responded that he would work to fulfill the request, stating that executing Palestinian prisoners was "one of his biggest dreams."
13:59
Ondo Finance's Tokenized Stock Platform (Ondo Stocks) Exceeds $1 Billion in Value, Registers $27 Billion in Cumulative Trading Volume Since September 2025 Launch
Ondo Finance's Tokenized Stock Platform (Ondo Stocks) Exceeds $1 Billion in Value, Registers $27 Billion in Cumulative Trading Volume Since September 2025 Launch. The platform currently holds $1.01 billion in total value locked. Additionally, Ondo Perps, launched in July, has cleared over $8 billion in cumulative volume, with more than $5 billion in the past 30 days. The company's tokenized Treasury product, USDY, has grown to $2.15 billion in total asset value, more than doubling since the start of 2026. Ondo's overall product suite has now crossed 200,000 holders, rising nearly 20% over the past month. Ondo Stocks and Ondo Perps remain limited to eligible non-U.S. persons and other restricted jurisdictions.
13:56
US considers sanctions on Brazil judge, posing a new test for diplomatic ties as leftwing leader Lula launches re-election campaign
13:55
Canadian businesses brace for possible 50% U.S. tariffs after Canada-U.S. trade talks stall
12:59
Analysts suggest Meta Platforms' consideration of selling excess AI compute power to third parties is a bearish signal, indicating challenges in monetizing its AI investments.
The company's substantial investment in AI, including $30 billion in capital expenditures last quarter and an estimated $130 billion to $145 billion for the full year, has led to excess compute capacity as its AI models see limited external use. CEO Mark Zuckerberg noted that other AI companies have approached Meta to purchase access to this capacity. Despite a 28% year-over-year revenue growth to $61 billion last quarter, primarily driven by advertising, Meta's operating margin fell to 31% from 43% a year ago due to rising AI and Reality Labs expenses.
12:54
Anthropic CEO Dario Amodei: The backlash faced by the AI industry is "fundamentally a crisis of trust."
Anthropic CEO Dario Amodei refutes external views that he overly pessimistically portrays artificial intelligence. He believes that the public's negative perception of AI is not primarily due to AI leaders warning about risks, but rather stems from a general lack of trust in companies, governments, and the tech industry, suspecting that they will harm public interests in new ways. Amodei points out that the most accurate criticism of AI companies (including Anthropic) is their failure to deliver on their significant promises to benefit the world, and states that Anthropic is working to address this issue. Regarding regulation, he opposes simply equating AI regulation with the concentration of power, and says that Anthropic's policy proposals aim to restrict frontier AI companies while supporting smaller competitors.
12:21
Michael Saylor: Bitcoin is the only game in the casino where we can all win
12:05
Alphabet raised its full-year capital expenditure guidance to $205 billion, while Google Cloud's backlog climbed to $514 billion.
The company's latest earnings report highlighted these two figures. Analysts suggest the cloud backlog, which reflects multiyear enterprise commitments for AI-powered solutions, is the more critical metric as it validates Alphabet's significant investments in AI infrastructure.
12:05
Crypto Investors Shift Focus from Market-Cap Rankings to Fundamentals, Prioritizing Usage, Economics, and Value Capture
Industry executives from Bitwise, Wintermute, and the Arbitrum Foundation confirm this trend, with Bitwise CEO Hunter Horsley calling it the end of crypto's "CoinMarketCap leaderboard" era. Investors are now assessing projects based on addressable markets, adoption, and economic value capture. Wintermute data shows institutional counterparties accounted for 72% of its spot OTC flow in H1 2026, up from 59% a year prior, concentrating in major cryptocurrencies and revenue-generating tokens. Grayscale's Zach Pandl notes Bitcoin remains a macro asset, while other cryptocurrencies face stricter fundamental scrutiny. Hyperliquid's HYPE token, for example, is up about 20% in the past year based on its platform's trading activity and economics.
11:42
The Federal Reserve's July meeting minutes will reveal internal interest rate debates, with three officials supporting a 25 basis point hike.
The Federal Reserve's July meeting minutes will reveal internal interest rate debates, with three officials supporting a 25 basis point hike. Jennifer Lee, Senior Economist at BMO Capital Markets, expects the Federal Reserve to remain patient. The institution predicts the Federal Reserve will not take interest rate action until late 2027, when it is expected to begin cutting rates.
11:33
Wall Street strategists see Big Tech's AI investments paying off, with JPMorgan raising S&P 500 target to 8,000 from 7,800
Strategists from firms like Truist note signs that significant AI spending by major tech companies is translating into earnings. JPMorgan analysts cited strong cloud demand and earnings revisions as reasons for their S&P 500 target increase. Microsoft's Azure business achieved $100 billion in annual sales, while Amazon's AWS growth accelerated to 36.7%, its fastest in 18 quarters. Cloud computing backlogs for the top four providers now exceed $2.3 trillion, up 16% from Q1, indicating robust demand.
11:16
Dutch Cyber Agency Says Hackers Exploited Critical macOS Screen Sharing Flaw (CVSS 9.8/10) to Install Monero Miners
The Dutch cyber agency reported that hackers exploited a critical macOS Screen Sharing vulnerability, which U.S. officials rated 9.8/10 on the CVSS scale, to install Monero mining software. Experts are warning users to update their devices.
11:12
SK Hynix's stock price surged 20.6% this week, driven by Temasek's investment and a positive NAND market share report.
SK Hynix's stock price surged 20.6% this week, driven by two major positive developments: Singapore's sovereign wealth fund Temasek announced on Wednesday its investment in the company and Samsung, and Counterpoint Research's latest NAND memory market report indicated that SK Hynix benefited from competitors' supply constraints, with its subsidiary Solidigm also achieving strong growth. Furthermore, the overall bullish sentiment in the South Korean stock market also boosted the share price.
10:49
Israeli far-right National Security Minister Ben-Gvir called for the killing of dozens of Palestinians in Gaza every night, whom he described as "unworthy of living."
10:28
Bill Ackman's $5 billion Pershing Square USA fund trades 20% below its NAV, with Ackman calling the discount 'absurd' and high fees a contributing factor
The Pershing Square USA fund, launched in April, has seen its share price decline while the S&P 500 gained nearly 14% year-to-date. Its net asset value (NAV) is estimated at $50.32 per share, but it trades in the $40-range. Ackman attributed the discount partly to "technical factors from the IPO" and ineffective marketing, noting the fund's portfolio composition was largely unknown. The fund also carries an annual management fee of about 2%, significantly higher than standard ETFs. In recent months, Pershing Square has acquired stakes in companies including Visa, Mastercard, Netflix, S&P Global, Intercontinental Exchange, and Alcon.
10:27
Vitalik Buterin outlines Ethereum's scaling strategy for hyperscaling while maintaining decentralization
Vitalik Buterin stated that the current proposed Ethereum scaling strategy aims to combine the best aspects of UTXO-style state and dynamic state. This approach seeks to enable the vast majority of Ethereum's activity to be hyperscaled without compromising decentralization, ease of node running, and censorship resistance. He also credited Bitcoiners for pioneering many of these ideas, citing Utreexo as an example.
10:06
Crypto wallet SafePal reveals data breach exposing order information of nearly 40,000 customers, but private keys and crypto assets remain safe
The breach, caused by an "authorization flaw" in a plug-in, exposed names, physical addresses, and contact details for orders placed between March 2, 2025, and April 11, 2026. SafePal has patched the vulnerability and notified affected customers, stressing that core wallet security was not compromised, but warned of potential phishing and impersonation risks.
10:05
EU's MiCA regulations deadline sparks new scam wave, with fraudsters impersonating regulators and licensed crypto exchanges
European regulators, including France's AMF, ESMA, the Netherlands' AFM, and Austria's FMA, report a rise in scams since the July 1 MiCA deadline. Fraudsters exploit the migration of up to 10 million users from over 1,700 unlicensed platforms to 323 authorized ones, using fake platforms and administrative fees to steal funds. Regulators warn users to verify providers on official registers and be suspicious of unsolicited fund transfer requests.

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