Trump's Crypto Earnings Hit $1.4B, 64% of DJT Market Cap
Crypto Sarah Chen

Trump's Crypto Earnings Hit $1.4B, 64% of DJT Market Cap

Trump's 2025 financial disclosure shows $1.424 billion in crypto-linked income, about 64% of Trump Media's market cap. The filing details royalties, token sales, and stablecoin proceeds.

DJT
Lime Parent Neutron Holdings Rises 4% in Nasdaq Debut
IPO Michael Okonkwo

Lime Parent Neutron Holdings Rises 4% in Nasdaq Debut

Neutron Holdings (Lime) closed its Nasdaq debut at $26.00, a 4% gain from its $25 IPO price, with a modest first-day performance.

UBER
Nebius Plunges 17% on Meta Cloud Competition Fears
Markets Daniel Marsh

Nebius Plunges 17% on Meta Cloud Competition Fears

Nebius Group (NBIS) shares tumbled 17% after Meta (META) revealed plans to sell its own AI cloud capacity, raising doubts about Nebius's massive $12 billion contract.

NBIS META CRWV IREN NVDA SPY
Snap Shares Jump 7% as Short Interest Declines, Sector Rally Lifts Sentiment
Markets Daniel Marsh

Snap Shares Jump 7% as Short Interest Declines, Sector Rally Lifts Sentiment

Snap (SNAP) shares gained 7.1% to $4.75 as short interest dropped 16.2% to 93.52 million shares, but volume was average, indicating a sector-driven move.

SNAP META PINS QQQ
Dow Misses 20th Record Close of 2026 After Steep Intraday Reversal
Markets Daniel Marsh

Dow Misses 20th Record Close of 2026 After Steep Intraday Reversal

The Dow Jones Industrial Average fell 13.96 points to 52,305.24, missing its 20th record close of 2026 after a sharp intraday reversal of 437 points.

CRM IBM NKE GOOGL VZ
Wall Street Ends Mixed as AI Chip Sell-Off Outweighs Broader Gains
Markets Daniel Marsh

Wall Street Ends Mixed as AI Chip Sell-Off Outweighs Broader Gains

U.S. stocks closed mixed on Wednesday, with the S&P 500 slipping 0.22% as a sell-off in AI chip stocks dragged on the broader market, even as a majority of stocks advanced.

SPY QQQ SMH MU AMD NVDA META CRWV NBIS GIS KR NKE
Bending Spoons Soars 42.8% on Nasdaq Debut, Closing $720 Million Gap
IPO Michael Okonkwo

Bending Spoons Soars 42.8% on Nasdaq Debut, Closing $720 Million Gap

Bending Spoons (NASDAQ:BSP) closed its first trading day at $41.42, up 42.8% from its $29 IPO price, adding $720 million to its market value.

Transocean Stock Dips 0.5% Despite $1 Billion Equinor Deal
Markets Daniel Marsh

Transocean Stock Dips 0.5% Despite $1 Billion Equinor Deal

Transocean shares edged down 0.5% after securing a $1 billion contract with Equinor, though the base dayrate of $399,000 was below recent averages.

RIG EQNR VAL SPY
Bradesco Preferred Shares Edge Up Ahead of R$3.5 Billion Payout
Markets Daniel Marsh

Bradesco Preferred Shares Edge Up Ahead of R$3.5 Billion Payout

Bradesco preferred shares edge up ahead of a R$3.5 billion interest-on-equity payout. Record date is July 3, ex-rights July 6.

IREN drops 5.4% as Meta's AI cloud plans pressure neocloud stocks
Technology Sarah Chen

IREN drops 5.4% as Meta's AI cloud plans pressure neocloud stocks

IREN shares slid 5.4% to $43.28 after reports that Meta may sell surplus AI computing power, hitting neocloud stocks. Jefferies set a $79 target on IREN.

IREN META CRWV NBIS CORZ CIFR WULF MSFT NVDA DELL
Fox taps Tubi comms lead for digital strategy as Roku deal value shifts
Markets Daniel Marsh

Fox taps Tubi comms lead for digital strategy as Roku deal value shifts

Fox Corp (FOXA) has appointed Seana Sullivan, former Tubi communications head, as SVP of corporate communications to lead messaging for its digital businesses, including the planned Roku (ROKU) acquisition.

FOXA ROKU
Plug Power Slides as Asset Sale Raises Liquidity Concerns
Markets Daniel Marsh

Plug Power Slides as Asset Sale Raises Liquidity Concerns

Plug Power (NASDAQ:PLUG) dropped 2.2% to $2.65, with focus on a $142 million asset sale that represents a significant portion of its cash reserves.

PLUG FCEL BE BLDP IWM