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Israeli Prime Minister Benjamin Netanyahu has reiterated opposition to US F-35 fighter jet sales to Turkey, warning it would disrupt Middle East strategic balance. He cited Turkey's expansionist ambitions and revealed prior communications with Washington to block Ankara's return to the program, while expressing skepticism about diplomatic efforts to curb Iran's nuclear plans.
Read MoreU.S. Central Command forces have launched strikes against Iran in response to Iranian attacks on three civilian-operated commercial ships in the Strait of Hormuz. The U.S. condemned Iran's actions as unjustified, dangerous, and a violation of agreements, aiming to safeguard the critical international waterway.
Read MoreAI leader Anthropic is planning a major expansion in New York City, aiming to double its local workforce to around 1,000 employees. The company has secured a 16-floor lease in Hudson Square, Manhattan, for its new headquarters, with relocation set to begin in summer 2026.
Read MoreTiger Securities has upgraded Coinbase from 'Hold' to 'Buy' with a $200 price target. The firm suggests the worst of Bitcoin's bear market may be over, and a new crypto cycle could emerge, driven by improving liquidity, growing institutional demand, and a more favorable risk environment.
Read MoreCrypto exchange Kraken is seeking a European banking license through Lithuania, which would make it the first major crypto platform with such authorization. This move aligns with its recent global compliance efforts, including U.S. payment system access and UAE regulatory approval.
Read MoreThe US Dollar Index rose 0.17% to close at 101.023, marking a steady recovery in recent trading. This subtle uptick reflects shifting market sentiment amid evolving US economic indicators and monetary policy expectations, offering insights into near-term forex trends.
Read MoreJPMorgan cautions that the market underestimates significant hurdles for a potential Tesla-SpaceX merger, including regulatory approvals, governance conflicts, and market perception. The most likely structure would be an all-stock acquisition led by SpaceX.
Read MoreThe U.S. Treasury revoked a key general license authorizing Iran's oil sales, with a wind-down period until July 17, triggering an immediate rise in oil prices. The U.S. condemned recent Iranian actions in the Strait of Hormuz as "unacceptable" but stated negotiations continue. This move reverses a 60-day authorization issued in June, signaling a major tightening of sanctions.
Read MoreMajor US stock indices closed lower on July 8th, led by significant declines in technology and semiconductor stocks. The Nasdaq fell over 1%, while the Philadelphia Semiconductor Index plunged nearly 5%, with Intel dropping more than 9%.
Read MoreMeta has launched its new AI image generation model, Muse Image, directly integrating it into Instagram and WhatsApp. This marks a key step in embedding generative AI into user experiences, with the video generation tool Muse Video also announced for creators.
Read MoreThe U.S. Energy Information Administration (EIA) has significantly lowered its price forecasts for both WTI and Brent crude oil for 2026 and 2027 in its latest Short-Term Energy Outlook. The downward revisions point to a reassessment of future supply and demand dynamics.
Read MoreThe UK Maritime Trade Operations office has elevated the maritime threat level for the Hormuz Strait to “severe” after three tankers were attacked in the area on July 8. UKMTO warned of increased risk of “deliberate hostile acts” and ongoing navigation interference, urging vessels to maintain extreme vigilance amid continued Iranian Revolutionary Guard Corps activity.
Read MoreThe U.S. Treasury auctioned $58 billion in 3-year notes at a yield of 4.179%, slightly lower than the previous month. A bid-to-cover ratio of 2.60 indicates solid demand, offering insights into market expectations for interest rates and the economic outlook.
Read MoreThe Fed's overnight reverse repo facility usage jumped to $4.484 billion on July 8, a roughly 65% increase from the previous day's $2.719 billion. This shift highlights changing short-term liquidity flows and is a key gauge of cash abundance and risk appetite in financial markets.
Read MoreIsraeli Prime Minister Netanyahu stated in a recent interview that while minor differences exist, the U.S. and Israel share core alignment on Iran. He added it's premature to predict Tehran's next moves and declined to specify future actions, highlighting strategic coordination between the allies.
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