Robinhood HOOD shares surged 8% on Wednesday after the online brokerage unveiled a series of new products and international expansion initiatives aimed at broadening its presence in cryptocurrency trading and global financial services. The announcements, made during a live event in London, included new AI-powered cryptocurrency trading capabilities for US customers, expanded perpetual futures trading
The Dow Jones Industrial Average touched a fresh intraday record on Wednesday before giving up most of its gains, while the Nasdaq Composite declined as investors took profits in semiconductor stocks following the sector’s blockbuster first-half rally. The Dow briefly climbed to an all-time intraday high of 52,742.66 before pulling back, with weakness in AI-related
Top Asian stocks in the memory industry retreated sharply today, July 2, as profit-taking gained steam. In Japan, Kioxia stock retreated to ¥75,160, down by 33% from its highest point this year. It has jumped by 555% this year. The same trend happened in South Korea, where SK Hynix gapped downwards, reaching a low of
US President Donald Trump reported more than $1.4 billion in income from crypto ventures in 2025, according to his latest annual financial disclosure, turning digital assets into one of the biggest drivers of his personal fortune. The striking part is not only the size of the number, but also the timing. Trump-linked crypto income surged
Samsung Electronics, SK Hynix and Micron are facing a new US class-action lawsuit that puts the memory-chip boom under legal scrutiny. The case lands at an awkward moment for the industry as AI demand has pushed memory prices sharply higher, data-centre buyers are racing to secure supply, and consumer electronics companies are starting to pass
Brent crude oil remained under pressure this week as traffic through the Strait of Hormuz ramped up and as top Wall Street banks like Goldman Sachs, Citigroup, and Morgan Stanley lowered their expectations. It dropped to $73.25, down by 38.8% from its highest point this year. Goldman Sachs, Morgan Stanley, and Citigroup lower oil forecasts
Gold’s slide below $4,000 is less a flight from safety than a repricing of the trade that carried bullion through the first half of the year. The metal is still close to record territory by historical standards, but the market’s mood has changed. Traders are no longer paying up for war risk alone. They are
Silver’s latest fall shows how quickly geopolitical risk can turn against precious metals when it feeds the inflation story. The white metal slipped below $58 an ounce on Wednesday, as investors questioned whether the fragile US-Iran peace track can hold and whether renewed pressure around the Strait of Hormuz could keep energy prices vulnerable. For
Bitcoin has remained below $60,000 as mounting macroeconomic and on-chain risks have increased the likelihood of another sharp decline, with some analysts warning the cryptocurrency could revisit the $53,000 area before establishing a durable bottom. According to market data, Bitcoin (BTC) slipped toward $58,000 before recovering to around $59,300, extending a month-long decline that has
Goldman Sachs has refreshed its European Conviction List in its July 2026 “Directors’ Cut”, adding two new names and removing three as the bank reshuffles some of its highest-conviction buy calls in the region. The standout is TGS ASA, the Norwegian seismic-data company. Goldman’s price target of 180 NOK implies roughly 40% upside from its