Tesla set to report second-quarter results after the bell
Tesla is set to announce second-quarter results after the bell on Wednesday, three weeks after reporting a 25% year-over-year increase in vehicle deliveries.
Finance
Canadian Dollar finds support from rising Oil prices, softer Greenback
USD/CAD edges lower on Wednesday as a mildly softer US Dollar (USD) and rising Oil prices help the Canadian Dollar (CAD) snap a two-day losing streak. At the time of writing, the pair trades around 1.4085, down 0.16% on…
Matt Damon’s Crypto Links Stay Charitable as $33.8M Real Estate Portfolio Takes Center Stage
The post Matt Damon’s Crypto Links Stay Charitable as $33.8M Real Estate Portfolio Takes Center Stage appeared first on Coinpedia Fintech News
Gold price breaks higher as US Dollar weakness fuels rally
Gold price (XAU/USD) surges over 1.50% on Wednesday, cracks a key resistance trendline and hits a new two-week high as the Greenback weakens. This Bullion price action comes despite rising tensions and hostilities betwe…
Bitcoin Is Bouncing: Here’s the Bull and Bear Case for Its Next Move
The crypto market has been watching Bitcoin very carefully this week, and for once, what it found on the chart was at least partly reassuring.
Concentration Risk Continues: Why Now’s the Time to Diversify
It’s hard to avoid the daily market headlines touting huge moves for AI firms, or the latest volatility from the Strait of Hormuz. However, events-based news often obfuscates the subtler stories that can really define a…
Japanese Yen struggles near four-decade lows despite hawkish BoJ signals
The Japanese Yen (JPY) gives up earlier gains on Wednesday, failing to capitalize on hawkish signals from the Bank of Japan (BoJ) and a softer US Dollar (USD) as Middle East tensions keep markets on edge. At the time of…
Bitcoin Rally May Have Legs; Bank Income With BTCI
Bitcoin, the largest digital currency by market capitalization, is showing signs. It surpassed the psychologically important $65,000 level and is higher by nearly 3% for the week ending July 21.
2 Options to Capture the Complexity Premium in CLOs
In a Q2 Market Outlook Symposium with TMX VettaFi, and John Kim, CEO of Reckoner Capital Management, it was noted that collateralized loan obligation (CLO) ETFs have captured roughly $6 billion in inflows year to date[1…
Centralized Elements 'Frequently Persist' in DeFi and Should Be Regulated: FATF
Much of decentralized finance is not as decentralized as it looks, and the platforms behind it should be regulated like other financial businesses, the world's main anti-money-laundering body said in a new report.
Bank of Japan: Gradual tightening and external shocks – Rabobank
Rabobank’s FX Strategy team reviews Bank of Japan policy, noting that the slow rate-hike pace reflects exceptional shocks such as tariffs, war and domestic political changes. Governor Ueda’s speeches emphasize continued…
BitGo, OTC Markets plan tokenized securities access for broker-dealers
The proposed alliance would enable more than 150 broker-dealers to trade and settle digital asset securities through OTC Link ATS using BitGo’s custody infrastructure.
Offense & Defense: The Infrastructure ETF Playbook
Broadly speaking, when advisors and investors are looking to dial into a particular sector for their portfolio, it’s usually for either an offensive or defensive means. An infrastructure ETF can play both offense and de…
Euro struggles to extend gains as Middle East tensions support the US Dollar
EUR/USD trades around 1.1415 at the time of writing on Wednesday, up 0.15% on the day, but its recovery remains limited after failing to break above 1.1420. The pair maintains a cautious tone as rising geopolitical tens…
GE Vernova sellers blinded by an earnings miss should focus on strong demand instead
Using the EPS miss as a reason to knock the Club stock down more than 7% is short-sighted.
Trump: 'US will bomb and destroy' Iranian bridges or power plants
US President Donald Trump issued a fresh warning to Iran on Wednesday, threatening strikes on the country’s infrastructure if Tehran targets vessels in the Strait of Hormuz.
WTI Price Forecast: Middle East tensions lift Oil as bulls test 100-day SMA
WTI extends its rebound on Wednesday as rising tensions in the Middle East disrupt Oil flows through the Strait of Hormuz and the Red Sea. At the time of writing, WTI trades around $86.20 after reaching an intraday high…
Australian Dollar steadies ahead of Australian employment data
AUD/USD trades near 0.7000 on Wednesday, recovering from an intraday pullback but remaining marginally lower on the day. The pair briefly fell toward 0.6985 before rebounding, while the US Dollar Index (DXY) slipped tow…
Digital Chamber sues Illinois officials over new state 0.2% crypto tax
The group alleged that the tax signed into law in June “discriminates against people who transact in digital assets“ and should be blocked from implementation and enforcement.
Japanese Yen: BoJ hints at faster hikes – BNY
BNY’s Geoff Yu notes that Bank of Japan (BoJ) officials are reported open to raising rates faster than economists expected as Japanese Yen (JPY) weakness lifts inflation risks. Policy is still seen unchanged on July 31 …
Aluminium: Tariff tweaks seen as long-term policy – ING
ING analysts discuss changes to US Section 232 aluminium tariffs aimed at incentivizing domestic smelting investment. Qualifying projects can import at 25% instead of 50%, but ING stresses this is a long-term industrial…
British Pound steadies as cooler UK CPI meets Oil shock
The Pound Sterling holds firm during the North American session as UK inflation data dipped, easing pressure on the Bank of England to tackle higher prices, while attacks between the US and Iran don’t seem to be ending …
Hugging Face CEO Thanks Chinese AI for Saving the Day After OpenAI Hack
Hugging Face CEO Clément Delangue just sent the most pointed thank-you note in AI right now—to a Chinese startup—the day after OpenAI confirmed its own models broke into Hugging Face's servers.
Coinbase Wins FOIA Case as SEC Agrees to Pay $150K and Reform Recordkeeping
Deleted Gary Gensler messages exposed major SEC recordkeeping failures during court proceedings.