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Major US stock indices opened lower, with the Nasdaq leading declines. The semiconductor sector faced significant selling pressure, as shares of Nvidia, TSMC, and Intel fell sharply, highlighting investor concerns about near-term tech outlook.
Read MoreU.S. Central Command refuted recent Iranian claims of an attack on Syria's Al-Tanf garrison resulting in American casualties. In a July 17 statement, officials confirmed no U.S. personnel were captured or killed in the area, dismissing the reports as false.
Read MoreA major digital asset firm has entered a 15-year strategic partnership with Texas Tech University, securing naming rights to its football stadium from the 2026 season. The expansive deal includes data services, digital assets, student-athlete NIL development, and joint AI research, signaling a deep fusion of sports and technology.
Read MoreHigh-beta stocks, known for their high volatility and potential for outsized returns, have plummeted more than 20% this month. This steep decline is on track to become the worst monthly performance for this asset class since the 2008 global financial crisis, signaling severe market stress.
Read MoreBlockchain data reveals Abraxas Capital has withdrawn nearly 50,000 ETH worth over $84 million from major exchanges in the past week, including a recent 12,477 ETH move. This significant capital outflow is fueling intense speculation about its market strategy.
Read MoreThe Chinese AI model Kimi K3 leads in a key code benchmark. Former US official David Sacks warns that America's regulatory debates and internal friction could slow AI innovation, risking its competitive edge. He stresses the need for ‘permissionless innovation’ to maintain leadership.
Read MoreGoldman Sachs projects a robust earnings season, with S&P 500 Q2 profits expected to surge 22% year-over-year. Nearly 60% of this growth stems from AI infrastructure stocks, shifting market focus to broader corporate profit realization beyond tech giants.
Read MoreVeteran trader Peter Brandt warns of a bearish 'diamond top' pattern in Nasdaq 100 futures, signaling a potential market peak. For Bitcoin, he anticipates a rally followed by a deep correction to around $40K to form a cycle bottom, while remaining long-term bullish based on halving cycles.
Read MoreJapan's SBI Holdings has secured MAS approval to acquire Singapore-licensed crypto exchange Coinhako. This move signals traditional finance's deeper entry into Asia's regulated digital asset space, potentially reshaping market dynamics.
Read MoreUK filings reveal Nvidia's venture arm NVentures may hold a $196 million stake in digital bank Revolut. This undisclosed investment signals Nvidia's strategic push into fintech and AI infrastructure.
Read MoreChina's securities regulator has conducted cross-departmental training to combat financial fraud. Over 200 officials participated, focusing on enhancing deterrence, tightening systemic controls, and fostering compliance to ensure market integrity and support national financial goals.
Read MoreU.S. pre-market trading sees broad declines in storage chip stocks, with Western Digital and Micron leading losses. Major index futures also fell, Nasdaq 100 futures dropping 1.8%. Analysis explores the link between chip sector weakness and broader market pressure.
Read MoreAt the 2026 World AI Conference, China's cyberspace authority proposed a global cooperation initiative for trustworthy and interoperable AI agents, aiming to build an open, secure, and inclusive ecosystem through international collaboration.
Read MoreOn the evening of July 17, US stock futures experienced a sharp decline during Asian trading hours. Nasdaq 100 futures fell by 2%, indicating pressure on tech stocks, while S&P 500 futures dropped 1%, reflecting heightened market caution. The moves suggest investor concerns over economic data and corporate earnings.
Read MoreBy 2030, emerging ‘neocloud’ providers focused on AI are forecasted to capture 20% of the AI cloud market, worth $267 billion. Their advantage lies in superior performance for AI workloads, strong data sovereignty commitment, and competitive pricing, shifting enterprise priorities towards specialization, sovereignty, and infrastructure control.
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