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Bitcoin has broken through the key $63,000 resistance level, currently trading around $63,002 with a 0.34% gain in 24 hours. Heightened market volatility calls for close monitoring and prudent risk management strategies from investors.
Read MoreChina announced it will host the 2026 World Artificial Intelligence Conference in Shanghai, aiming to promote inclusive global AI development. Officials highlighted China's open-source models in lowering barriers for developing nations, and pledged to collaborate on innovation, governance, and equitable benefits.
Read MoreMorgan Stanley reports the "Magnificent Seven" tech stocks now trade at only a 10% premium to the rest of the S&P 500, the lowest gap in over a decade. The firm sees this as a compelling entry point, advising a shift from semis to selective AI leaders.
Read MoreCerebras Systems plans to expand its European AI infrastructure to 200 megawatts by 2027, with its first data center on the continent set to launch this year. The company has identified Norway and Finland for future facilities, marking a key step in its global compute network expansion.
Read MoreOn July 9, the SSE STAR 50 Index delivered an exceptionally strong performance, closing with a gain exceeding 8%. The rally was broad-based among its constituents, with only two stocks declining. This surge has significantly boosted market focus and sentiment towards the technology innovation sector.
Read MoreSeveral oil-themed funds reversed early gains of over 7% to close lower on July 9th. Market analysts attribute the volatility to President Trump's comments suggesting Iran is seeking a deal, impacting crude prices and related assets.
Read MoreEdgeX has announced a significant organizational restructuring, bringing in key talent and strategic partners. The platform is prioritizing security enhancements and product innovation like RWA and leveraged ETFs, aiming to improve global user experience and accelerate its worldwide expansion.
Read MoreOn Thursday, July 9th, major Asian markets staged a strong rebound. Japan's Nikkei 225 surged 1.38%, while South Korea's KOSPI index rose 0.5%, ending a three-day losing streak and signaling a shift in market sentiment.
Read MoreHSBC has revised its gold price outlook, forecasting a trading range of $3,800 to $4,700 per ounce for the latter half of 2026, with a year-end target of $4,750. The bank lowered its average price forecasts for 2026 and 2027 but maintains a bullish long-term view, expecting prices to reach $5,025 by the end of 2027.
Read MoreSpot gold surged past the key $4100 per ounce level on July 9, marking a 0.55% intraday gain. Market analysts attribute the rally to geopolitical tensions, inflation concerns, and currency dynamics, with investors watching for sustained momentum.
Read MoreMiniMax-W faced a major sell-off as ~45% of its shares became tradable after the six-month lock-up. The stock plunged nearly 20% intraday, with market cap sharply down from its peak. The massive unlock volume, far exceeding peers, triggered immediate supply-side pressure.
Read MoreOn July 9th, international oil markets saw significant declines. WTI crude fell below $73 per barrel, dropping 2.19%, while Brent crude lost 2.00% to trade at $77.36. This synchronized drop signals shifting market sentiment, with key levels breached.
Read MoreNVIDIA and Hugging Face are collaborating to create open-source foundation models for robotics. By combining NVIDIA's GPU/CUDA ecosystem with Hugging Face's model repository and developer community, the partnership seeks to dramatically lower the barriers to training and deploying AI for robotics applications.
Read MoreCryptocurrency exchange AscendEX has officially ceased all operations as of July 1, 2026. The platform now only allows limited withdrawal functions, with all requests subject to manual review. The shutdown is primarily driven by the full implementation of the EU's MiCA regulation and shifting global compliance pressures.
Read MoreRobinhood CEO Vlad Tenev sold 375,000 shares for approximately $43.56 million, while retaining a stake worth over $5 billion. The move sparks debate on whether it reflects insider sentiment or routine portfolio management.
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