• EUR/USD Boosted by Robust Euro-Zone Business Activity

    The single currency traded back near six-weeks highs after the final Markit Euro-Zone manufacturing PMI rose to a 69-month high.
  • Morgan Stanley’s MSSE and MSOL ETPs Bring Staking Yields to Regulated Crypto

    Morgan Stanley’s MSSE and MSOL ETPs Bring Staking Yields to Regulated Crypto
    Morgan Stanley Investment Management introduced two exchange-traded products designed to provide investors with exposure to Ether and Solana while capturing staking rewards. The Morgan Stanley Ethereum Trust (MSSE) and Morgan Stanley Solana Trust (MSOL) both commenced trading with a 0.14% expense ratio and represent the firm’s expansion into yield-bearing cryptocurrency products following its Bitcoin trust launch in April 2026.
    The firm committed to distributing all staking rewards genera
  • Meta (META), BlackRock (BLK) Form $14 Billion AI Data Center Venture—Can It Ease the Cost of Meta’s AI Buildout?

    Meta (META), BlackRock (BLK) Form $14 Billion AI Data Center Venture—Can It Ease the Cost of Meta’s AI Buildout?
    Meta Platforms and BlackRock announced on July 28 a partnership to develop and operate a data center campus in El Paso, Texas, with a total development cost of approximately $14 billion. Under the arrangement, BlackRock-managed funds will hold an 80% ownership stake while Meta retains 20%. BlackRock’s investment will be partially financed through $12.5 billion in debt, with Meta receiving a $1 billion distribution to align ownership stakes.
    Meta’s contribution includes land and in-p
  • Markets react to Fed’s July interest rate decision

    Markets react to Fed’s July interest rate decision
    The Federal Reserve concluded its two-day policy meeting on July 29 by keeping its benchmark interest rate unchanged within the 3.50%-3.75% range. The decision came despite external pressure from the Trump administration, which has vocally advocated for lower rates.
    Federal Reserve Chair Kevin Warsh, recently appointed to lead the central bank, has prioritized reducing inflation to the 2% target. However, the chair has not yet presented a comprehensive strategy for achieving this goal. Presiden
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  • Ferrari raises 2026 guidance after Q2 earnings beat

    Ferrari raises 2026 guidance after Q2 earnings beat
    Ferrari increased its 2026 financial targets following better-than-expected second-quarter results driven by robust demand for its luxury sports cars. The company now projects revenue of approximately 7.6 billion euros, up from the prior guidance of 7.5 billion euros. Adjusted earnings guidance was also raised to at least 2.97 billion euros, or 9.68 euros in adjusted earnings per share, compared with previous guidance of 2.93 billion euros, or 9.45 euros adjusted EPS. The company also provided
  • Cyclospora outbreak has hurt Taco Bell but sales are already improving, Yum Brands CEO says

    Cyclospora outbreak has hurt Taco Bell but sales are already improving, Yum Brands CEO says
    Yum Brands reported that a cyclospora outbreak connected to Taco Bell restaurants has created a meaningful near-term sales impact for the chain. The parasitic outbreak, which the Food and Drug Administration linked to iceberg lettuce served by Taco Bell in mid-July, has resulted in significant traffic declines at locations. Through July 27 in the current quarter, Taco Bell’s U.S. same-store sales have fallen 2%, with daily traffic plunging by double-digit percentages according to tracking
  • Corning tumbles 12% after earnings, leading rout in optical stocks

    Corning tumbles 12% after earnings, leading rout in optical stocks
    Corning experienced a significant stock decline on Tuesday following the release of its second-quarter financial results. Although the company exceeded Wall Street’s expectations for both earnings per share and revenue, investors reacted negatively to the company’s forward-looking guidance.
    The company reported earnings per share of 78 cents, surpassing analyst estimates of 76 cents, and generated revenue of $4.74 billion, ahead of Street expectations of $4.61 billion. However, Corn
  • Cognizant Misses Earnings Forecast Despite Revenue Beat and Higher Full-Year Outlook

    Cognizant Misses Earnings Forecast Despite Revenue Beat and Higher Full-Year Outlook
    Cognizant Technology Solutions Corp. reported mixed second-quarter financial results. The company posted adjusted earnings of $1.37 per share, falling short of the consensus analyst estimate of $1.38. However, revenue performance exceeded expectations, with the company generating $5.5 billion in quarterly revenue compared to the consensus forecast of $5.49 billion. On a constant currency basis, revenue increased 4.1% year over year.
    The Financial Services segment, which represents the company&r
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  • Clean Harbors announces $305M deal and data center strategy

    Clean Harbors announces $305M deal and data center strategy
    Clean Harbors released its second quarter 2026 financial results, demonstrating significant growth across key metrics. Revenue reached $1.74B, representing an 11.9% increase compared to the prior year period. Net income climbed to $170.5M, up 34.3% year over year, while adjusted EBITDA totaled $409M, a 21.6% increase from the same quarter in the prior year.
    The company’s Safety-Kleen Sustainability Solutions segment delivered notably strong performance, with quarterly revenue rising 41% y
  • ArcBest’s Q2 a step on path to recovery

    ArcBest’s second-quarter performance demonstrated gains in operational efficiency across its two primary business divisions. The asset-based segment, which encompasses less-than-truckload operations including ABF Freight, generated $784 million in revenue, representing a 10% year-over-year increase. Despite a 3% decline in the number of shipments, tonnage per day climbed 5% due to an 8% increase in weight per shipment. Tonnage growth remained relatively consistent throughout the quarter,
  • Amazon stock soars 9% on ‘booming’ cloud growth, revenue beat

    Amazon stock soars 9% on ‘booming’ cloud growth, revenue beat
    Amazon reported second-quarter results that exceeded Wall Street expectations, driving the stock higher in extended trading. Revenue in the company’s cloud segment, known as AWS, expanded 37% year over year, outpacing analyst forecasts for 31% growth and marking the unit’s fastest expansion since 2021, according to CEO Andy Jassy.
    The cloud performance drew particular attention as investors monitored Amazon’s competitive position against larger rivals in the space. Alphabet&rs
  • What Are Privacy Coins and How Do They Work?

    What Are Privacy Coins and How Do They Work?
    Imagine withdrawing cash from an ATM. Once you have the money, neither the bank nor anyone else can track how you spend it. Most cryptocurrencies work differently. Their transactions are recorded on a public blockchain, allowing anyone to view your wallet history with a blockchain explorer. Privacy coins are designed to protect financial privacy by concealing transaction details.However, this level of privacy comes at a cost. Privacy coins are under growing regulatory scrutiny, and buying or usi
  • Pound Benefits from BoE's Forward Guidance. Forecast as of 30.07.2026

    Pound Benefits from BoE's Forward Guidance. Forecast as of 30.07.2026
    While Kevin Warsh has left the US dollar without a clear direction, the Bank of England's continued hawkish rhetoric is giving the pound a clearer path forward. Let's examine the situation and develop a trading plan on the GBP/USD pair.Major Takeaways The Bank of England intends to keep the repo rate unchanged. The BoE's forward guidance supports the pound. Geopolitical risks are not weighing on sterling. If the GPB/USD pair exceeds 1.3385, long trades can be opened.Fundamental Forecast for Poun
  • YES Network, MSG Networks to exit Gotham app for DAZN streaming service

    YES Network, MSG Networks to exit Gotham app for DAZN streaming service
    YES Network and MSG Networks announced plans to relocate their direct-to-consumer streaming services from the Gotham Sports app to DAZN, a global streaming platform. The two independently owned regional sports networks, which air local games for MLB’s New York Yankees, the NBA’s New York Knicks and Brooklyn Nets, and NHL teams including the New York Rangers, New York Islanders, Buffalo Sabres, and New Jersey Devils, will complete the transition during the 2026-2027 NBA and NHL seaso
  • Werner Enterprises, Inc. Q2 2026 Earnings Call Summary

    Werner Enterprises, Inc. Q2 2026 Earnings Call Summary
    Werner Enterprises highlighted operational improvements across its business segments during its second-quarter earnings discussion. The company achieved an 80 basis point expansion in adjusted operating margins, which management attributed to successful restructuring of its 1-way truckload business and the accretive integration of FirstFleet. The dedicated segment, which serves as the portfolio’s core business, demonstrated strong performance with 95% customer retention and bid activity l
  • The U.S. Army Just Called China’s Bluff in the Rare Earth War

    The U.S. Army Just Called China’s Bluff in the Rare Earth War
    REalloys, a rare earth materials company trading under NASDAQ: ALOY, completed several major milestones within approximately six weeks that marked a significant shift from an early-stage company to one executing on established contracts and partnerships.
    The most substantial development involved the U.S. Army selecting REalloys to enter exclusive contract negotiations for an Enhanced Use Lease at Tooele Army Depot in Utah. Under this arrangement, REalloys would design, finance, build, and opera
  • Rithm Property Trust Inc. Q2 2026 Earnings Call Summary

    Rithm Property Trust Inc. Q2 2026 Earnings Call Summary
    Rithm Property Trust completed a restructuring that shifted the company away from its legacy Great Ajax structure toward a dedicated commercial real estate platform. The transition achieved a breakeven earnings profile, marking a significant improvement from prior quarterly losses of nearly $10 million. Management divested legacy assets that were not anticipated to generate adequate returns, leaving the portfolio without legacy commercial real estate exposure.
    The company’s current invest
  • Procter & Gamble revenue misses estimates as volume stays unchanged

    Procter & Gamble revenue misses estimates as volume stays unchanged
    Procter & Gamble released fiscal fourth-quarter results that fell short of Wall Street expectations, driven primarily by stagnant demand across its product portfolio. The company reported net income of $3.04 billion, or $1.26 per share, representing a decline from $3.62 billion, or $1.48 per share, in the comparable period a year prior. Excluding restructuring charges and other items, earnings reached $1.43 per share. Net sales increased 2% to $21.2 billion, though organic revenue, which ex
  • Lucid Group (LCID) Soars 21% as Saudi Prince Backing Eases Financial Health Worries

    Lucid Group (LCID) Soars 21% as Saudi Prince Backing Eases Financial Health Worries
    Lucid Group stock rose significantly on news of investment by Saudi Prince Alwaleed Bin Talal Bin Abdulaziz, who acquired a 5 percent stake in the electric vehicle manufacturer. The prince purchased 19.5 million shares valued at $154 million based on the stock’s closing price on the day of the announcement.
    The investment provided a notable boost of confidence to the market after earlier reports had suggested the company was considering either bankruptcy proceedings or a transaction to ta
  • Itron (ITRI) Soars 26% After Earnings Beat, Raised Growth Outlook

    Itron (ITRI) Soars 26% After Earnings Beat, Raised Growth Outlook
    Itron Inc. posted strong results in the second quarter, with shares gaining 26.23 percent to close at $107.02 on the news. The technology company reported non-GAAP diluted earnings per share of $1.59, exceeding its prior guidance range of $1.25 to $1.35, though this represented a $0.03 decline from the comparable quarter a year earlier. Revenue totaled $563 million, down 7 percent year-over-year but within the company’s projected range of $560 million to $570 million.
    Company leadership a
  • Ionic Digital Reaches $2.75B Valuation After Nasdaq Debut

    Ionic Digital Reaches $2.75B Valuation After Nasdaq Debut
    Ionic Digital Inc. completed its Nasdaq debut on Tuesday under the ticker symbol IOND, with shares opening at $50 and climbing to nearly $63, representing a gain exceeding 25% from the opening price. The company’s market valuation reached approximately $2.75 billion following the direct listing, which did not involve new share issuance or proceeds to the company.
    Ionic Digital emerged from Celsius Network’s bankruptcy restructuring in January 2024, inheriting the majority of Celsius
  • Ford Motor Company Q2 2026 Earnings Call Summary

    Ford Motor Company Q2 2026 Earnings Call Summary
    Ford Motor Company raised its full-year adjusted EBIT guidance to $10 billion–$11 billion, assuming a US SAR of 16 million to 16.5 million units and a 50-basis point increase in industry pricing. The $1 billion increase in EBIT guidance was attributed to strong pricing power and a favorable product mix, with management specifically highlighting record Bronco sales and the continued dominance of the F-Series franchise in driving results.
    The company achieved the number one ranking among ma
  • Cyclospora outbreak tied to Taco Bell will steal the spotlight from Yum Brands’ earnings

    Cyclospora outbreak tied to Taco Bell will steal the spotlight from Yum Brands’ earnings
    Yum Brands prepared to report second-quarter earnings, but executives faced heightened scrutiny regarding a cyclosporiasis outbreak connected to Taco Bell. The parasitic illness had sickened at least 1,947 people, resulting in 98 hospitalizations and no deaths as of Friday, according to the Centers for Disease Control and Prevention. Federal health agencies identified iceberg lettuce supplied by Taylor Farms as the likely source of contamination.
    The outbreak dealt a significant blow to Yum&rsq
  • Technical Maintenance Scheduled for 01.08.2026

    Technical Maintenance Scheduled for 01.08.2026
    Dear Clients,Please note that on 01.08.2026 at 7:00 AM server time (as indicated in the trading terminals), technical maintenance will take place and is expected to last no more than one hour.During the maintenance period, the following services may be unavailable: Client's profile and web-platform at my.litefinance.org; Mobile Trading app; LiteFinance Partner app.Clients using the LiteFinance web platform, please note that trading will be available during the maintenance period through the MT4,
  • What Are Funding Rates?

    What Are Funding Rates?
    Imagine stepping into a crowded elevator that starts moving in the wrong direction. Someone has to press the correct button to get it back on track. In crypto trading, funding serves a similar purpose by helping steer the market back toward the spot price.The funding rate refers to the periodic payments exchanged between traders holding long and short positions in perpetual futures. This mechanism is necessary to ensure that the futures price does not deviate too far from the spot price of the u
  • Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 30.07.2026

    Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 30.07.2026
    Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on Elliott Wave analysis.All three cryptocurrencies continue to decline.Major Takeaways BTCUSD: The price continues to decline in the fifth part of an impulse. Consider short positions with a Take Profit at 57,662.26. XRPUSD: The price is declining in the final impulse wave of the zigzag pattern. Consider short positions with a Take Profit at 0.951. ETHUSD: The price is moving lower in a bearish impulse
  • Short-Term Analysis for Oil, Gold, and EURUSD for 30.07.2026

    Short-Term Analysis for Oil, Gold, and EURUSD for 30.07.2026
    Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.Oil is testing yesterday's high.Major Takeaways USCrude: Oil is shifting to a short-term uptrend due to geopolitical factors. XAUUSD: Gold is testing the 4,044 level from below. EURUSD: The euro continues to trade within a short-term downtrend.Oil Price For
  • Will the Dollar Do the Fed's Job? Forecast as of 30.07.2026

    Will the Dollar Do the Fed's Job? Forecast as of 30.07.2026
    The new Fed Chair appears determined to let the markets do part of the central bank's job of bringing inflation back to target. According to Kevin Warsh, this process is already underway, as reflected in rising Treasury yields. Let's discuss this topic and make a trading plan for EUR/USD.Major Takeaways Markets do not know how to handle their newfound power. The number of hawkish FOMC dissenters is growing. The odds of a rate hike are declining. Rebounds from 1.1470, 1.1550, and 1.1585 will prov
  • World’s most profitable airline now accepts crypto payments for flights

    World’s most profitable airline now accepts crypto payments for flights
    Emirates launched cryptocurrency payment functionality on its website and mobile app, enabling customers with Crypto.com accounts to purchase flight tickets directly from their digital wallets. The payment option became available on July 28 to eligible residents of the United Arab Emirates for bookings priced and settled in Emirati dirham, with transactions processed in accordance with local regulatory standards.
    The partnership between the two organizations was originally signed in July 2025,
  • Secretary Bessent cracks down on non-profit tax loopholes

    Secretary Bessent cracks down on non-profit tax loopholes
    Treasury Secretary Scott Bessent has endorsed a package of nonprofit transparency bills amid changes to how charitable donations are taxed. Starting with the 2026 tax year, taxpayers claiming the standard deduction can write off up to $1,000 in cash charitable donations, or $2,000 for joint filers. Simultaneously, those who itemize deductions now face a higher threshold, with charitable gifts deductible only to the extent they exceed 0.5% of adjusted gross income.
    Bessent made his position on n

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