• Mike Pence's Commencement Speech Boycotted by Notre Dame Students

    Mike Pence's Commencement Speech Boycotted by Notre Dame Students
    The staff at Notre Dame did not stand in the way as more than 100 students chose to peacefully leave their own graduation to protest commencement speaker selection.
  • 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
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  • 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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  • National beer and wine distributor files Chapter 11 bankruptcy

    National beer and wine distributor files Chapter 11 bankruptcy
    Republic National Distributing Company and 17 affiliates filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas on July 26. The Atlanta-based distributor listed between $500 million and $1 billion in assets against $1 billion to $10 billion in debts. The company sought going-concern sales of its remaining assets, operational wind-down, transition services agreements, and equity holder settlement approval.
    The 128-year-old distributor, founded
  • Meta’s stock drops on light revenue guidance, dwindling free cash flow

    Meta’s stock drops on light revenue guidance, dwindling free cash flow
    Meta Platforms saw its stock price fall more than 6% in extended trading following the release of second-quarter earnings results and forward guidance that fell short of market expectations. The company provided third-quarter revenue guidance of between $61 billion and $64 billion, with a midpoint of $62.5 billion, compared with analyst expectations of $63.15 billion according to LSEG. The company attributed approximately 1% of the expected shortfall to unfavorable foreign currency headwinds ba
  • Major cannabis company closes 2 facilities, cuts 211 jobs

    Major cannabis company closes 2 facilities, cuts 211 jobs
    Parallel, a multi-state cannabis operator, announced the permanent closure of two Florida facilities located in Wimauma and Lakeland, resulting in 211 job losses. The facility closures began on July 6 or during the following 14-day period, according to a Worker Adjustment and Retraining Notification filing reviewed by TheStreet. Affected positions at the facilities included cultivation technicians, production technicians, processing technicians, laboratory workers, and supervisors. At the Wimau
  • GE Vernova Wins Contract to Modernise Dinorwig Hydropower Plant in Wales

    GE Vernova Wins Contract to Modernise Dinorwig Hydropower Plant in Wales
    GE Vernova has won a contract from First Hydro Company to replace two pumped storage generating units at the Dinorwig pumped storage hydropower station located in North Wales. First Hydro Company is a joint venture between ENGIE and La Caisse. The project represents part of a comprehensive modernization initiative intended to extend the operational lifespan of one of the United Kingdom’s most critical energy storage installations.
    The Dinorwig facility has operated for more than four deca
  • Apple launches US device leasing program with Klarna

    Apple launches US device leasing program with Klarna
    Apple introduced a new device leasing initiative in the United States on July 28, partnering with payments company Klarna to offer customers flexible monthly payment options for multiple product categories. The program, named Apple Upgrade, consolidates and replaces the company’s previous iPhone Upgrade Program and iPhone Payments offerings in the country.
    The leasing terms vary by product type. Customers can rent iPhones and Apple Watches under either 12- or 24-month agreements, while Ma
  • Microsoft beats Q4 cloud expectations as full-year Azure revenue tops $100 billion

    Microsoft beats Q4 cloud expectations as full-year Azure revenue tops $100 billion
    Microsoft disclosed strong fiscal fourth-quarter results, with the company’s stock gaining 3% in extended trading on Wednesday. Total revenue expanded approximately 18% year-over-year in the quarter ending June 30. Net income reached $35.77 billion, or $4.81 per share, compared to $27.23 billion, or $3.65 per share, in the equivalent period a year prior.
    The company benefited from a $3.2 billion gain related to its investment in artificial intelligence firm Anthropic and realized lower-th
  • Hims and Hers shares fall 10% as FTC sues company over data, billing practices

    Hims and Hers shares fall 10% as FTC sues company over data, billing practices
    The Federal Trade Commission filed a lawsuit against telehealth provider Hims and Hers Health, citing claims that the company misled consumers on multiple fronts. The FTC, alongside Los Angeles County and Utah authorities, alleged that Hims and Hers disclosed users’ sensitive health information to online advertising firms including Meta Platforms and Snap Inc. through tracking technologies integrated into its website, contradicting privacy assurances provided to customers.
    Additional alle
  • 56-year-old fast-food giant has closed over half its restaurants

    56-year-old fast-food giant has closed over half its restaurants
    Long John Silver’s has experienced significant contraction in recent years, closing 30 additional locations in 2025 alone, according to franchise disclosure documents reviewed by Undercurrent News. The chain, which launched in Lexington, Kentucky in 1969, operated 1,081 restaurants at its peak but now maintains approximately 494 locations based on its website store locator. Its primary competitor, Captain D’s, has surpassed it with roughly 530 restaurants.
    The chain’s decline
  • Brent May Not Return to Pre-Conflict Levels Anytime Soon. Forecast as of 29.07.2026

    Brent May Not Return to Pre-Conflict Levels Anytime Soon. Forecast as of 29.07.2026
    The conflict in the Middle East is unfolding as expected: escalation followed by de-escalation. As a result, investors expect Brent to quickly return to pre-conflict levels. However, that is not guaranteed. Let's examine the key drivers and develop a trading plan.Major Takeaways China's oil imports are increasing. Saudi Arabia's alternative shipping routes are blocked. Global reserves are nearing critical levels. Consider buying Brent, targeting $95 and $100.Weekly Fundamental Forecast for
  • United earnings top estimates but airline expects $6 billion in added fuel costs

    United earnings top estimates but airline expects $6 billion in added fuel costs
    United Airlines reported second-quarter results that exceeded Wall Street expectations, though the carrier faced significant headwinds from elevated fuel costs. The airline’s adjusted earnings per share came in ahead of analyst forecasts, driven by strong revenue growth and sustained passenger demand despite higher ticket prices.
    However, fuel expenses remained a major concern for the carrier. United estimated that increased fuel costs could add approximately $6 billion to its full-year e
  • Stock market today: Dow, S&P 500, Nasdaq futures steady in countdown to Fed decision, AI earnings test

    Stock market today: Dow, S&P 500, Nasdaq futures steady in countdown to Fed decision, AI earnings test
    Stock index futures showed modest gains on Wednesday as markets prepared for multiple catalysts including the Federal Reserve’s interest rate announcement and earnings reports from major technology firms.
    S&P 500 futures advanced 0.2%, while Nasdaq-100 futures climbed 0.3%. Dow Jones Industrial Average futures declined 0.2% as crude oil prices moved higher following military tensions in the Middle East. Brent crude gained nearly 4% to trade above $85 per barrel after Iran conducted wh
  • South Korea may cap leveraged ETF investments for retail investors, media reports say

    South Korea may cap leveraged ETF investments for retail investors, media reports say
    South Korea’s Financial Services Commission indicated on Tuesday that the country’s regulatory authorities were reviewing potential restrictions on leveraged exchange-traded funds for individual investors. Lee Eog-weon, chairman of the FSC, met with local brokerages and asset managers in Seoul to discuss the matter.
    The potential measures under consideration include implementing a cap on the total investment value that individual retail investors could hold in single-stock leveraged
  • RingCentral (RNG) Soars to New High as 67% Higher Dividend Payout Looms

    RingCentral (RNG) Soars to New High as 67% Higher Dividend Payout Looms
    RingCentral shares advanced significantly on Monday, reaching an intraday record of $55.30 before closing at $53.70, representing an 11.16 percent gain for the session. The momentum was driven by investor positioning ahead of the record date for elevated dividend payments to shareholders.
    The company announced plans to distribute $0.125 per share in dividends, representing a 67 percent increase from previous levels. The record date for eligibility was set for August 6, 2026, with actual payment
  • Moody’s says ‘unprecedented’ AI spending threatens credit quality of Amazon, Meta, Alphabet and others

    Moody’s says ‘unprecedented’ AI spending threatens credit quality of Amazon, Meta, Alphabet and others
    Moody’s Ratings released a research note cautioning that the rapid expansion of artificial intelligence infrastructure is creating financial strain for the world’s largest technology companies. The spending surge, occurring at a rate of approximately one trillion dollars annually, is forcing even the most cash-rich corporations to increase reliance on debt issuance, equity sales, and off-balance-sheet financing arrangements to fund their AI initiatives.
    The ratings firm projects tha
  • Bunge beats second-quarter profit estimates on strong processing margins

    Bunge beats second-quarter profit estimates on strong processing margins
    Bunge reported better-than-expected second-quarter earnings and increased its full-year adjusted profit outlook on July 29. The agricultural commodities company attributed its stronger results to robust performance in its soybean and softseed processing divisions, which capitalized on improving market conditions.
    Corn and soybean prices in the United States have risen considerably since the beginning of the Iran war, leading farmers to accelerate sales of stored grain that had been withheld fro
  • Short-Term Analysis for Oil, Gold, and EURUSD for 29.07.2026

    Short-Term Analysis for Oil, Gold, and EURUSD for 29.07.2026
    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.Yesterday, the oil price broke through the Target Zone of 80.53–79.36.Major Takeaways USCrude: The oil price has corrected higher to the resistance zone A of 81.43–81.04. XAUUSD: Gold is testing the 4,044 level from below. EURUSD: The euro conti
  • The Dollar Enters Uncharted Territory. Forecast as of 29.07.2026

    The Dollar Enters Uncharted Territory. Forecast as of 29.07.2026
    Markets currently price in a 68% probability that the Federal Reserve will leave interest rates unchanged, compared with a 32% chance of a rate hike. This is the narrowest gap since September 2024, making a surprise outcome quite possible. How will the US dollar react? Let's discuss this topic and make a trading plan for EUR/USD.Major Takeaways The US dollar has diverged from oil prices. Speculation about a Fed rate hike is intensifying. A passive Fed stance would weigh on the greenback. Keeping
  • Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 29.07.2026

    Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 29.07.2026
    Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on Elliott Wave analysis.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 wave. Short positions can be considered w
  • Weekly Economic Calendar for 03.08.2026–09.08.2026

    Weekly Economic Calendar for 03.08.2026–09.08.2026
    The market remains gripped by extreme volatility. Geopolitical developments continue to dominate sentiment, overshadowing key macroeconomic data. Nevertheless, during the week of August 3–9, 2026, investors will closely monitor important economic releases from China, Germany, Switzerland, the US, New Zealand, Australia, Canada, and the Eurozone.Friday's release of the US Department of Labor's July employment report will undoubtedly be the key event of the week.Note: During the coming week,
  • Why Microsoft, Meta, and Amazon earnings could crush the S&P 500

    Why Microsoft, Meta, and Amazon earnings could crush the S&P 500
    The concentration of the S&P 500 index among a handful of mega-cap technology stocks has reached historic levels, with the 10 largest companies now representing 38% of the index. This concentration has raised concerns among market strategists about vulnerability to negative earnings surprises from key holdings, particularly regarding artificial intelligence capital expenditure trends.
    Alphabet’s earnings report last week triggered a significant sell-off in its shares, which fell 9% ov
  • Wheat Fading Back Early on Monday

    Wheat Fading Back Early on Monday
    Wheat futures markets experienced weakness during the session, with the complex under pressure from profit-taking activity as traders closed positions before the weekend. Chicago SRW contracts closed down 12 to 18 1/4 cents in front-month contracts, while September contracts fell 4 3/4 cents on the week. Kansas City HRW futures declined 10 to 14 3/4 cents in nearby contracts for the day, though September maintained a weekly gain of 13 cents. Minneapolis spring wheat futures retreated 10 to 15 3
  • Volkswagen CFO addresses plant closures, job losses as profits sink

    Volkswagen CFO addresses plant closures, job losses as profits sink
    Volkswagen announced results for the second quarter that fell below analyst expectations, posting an operating profit of 3.5 billion euros for the April to June period, representing a decline of nearly 10% compared to the same timeframe the previous year. The figure missed consensus estimates of 4.3 billion euros compiled by LSEG.
    The company also revised its outlook for full-year 2026, indicating it now expects sales revenue to decline by up to 3% rather than grow by the previously projected u

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