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The Commodity Futures Trading Commission will stay a self-certified CME crude oil futures contract that would have allowed around-the-clock trading as soon as July 10, escalating a dispute over whether traditional energy derivatives should move toward the 24/7 model already common in crypto markets. The CFTC said CME filed to self-certify the contract on July 8 despite an active public comment process on 24/7 futures trading and related risks in energy markets. The CFTC announced the stay on July 9. The move matters because crude oil is not just another listed product. It is one of the world’s most important…

Broadcom stock price rose by 5% on Wednesday after extending its relationship with Apple. AVGO rose to $395, a 10% increase from its lowest level this month. It remains in a local bear market after falling by 20% from its highest point this year. So, will it rebound and retest its all-time high?Broadcom expands its relationship with AppleBroadcom, a top company valued at over $1.85 trillion, has made several deals in the past few months, helping it become one of the biggest beneficiaries of the artificial intelligence boom. In a statement on Tuesday, Apple said that it was expanding its partnership…

Salesforce Inc. (CRM) shares fell 2.5% on Thursday after KeyBanc downgraded the software company, citing concerns that its Agentforce artificial intelligence platform may take longer than expected to become a meaningful growth driver.The downgrade came despite Salesforce’s strong position in enterprise software and follows the company’s better-than-expected fiscal first-quarter results reported in late May. Investors have remained focused on whether the company’s AI investments can translate into sustained revenue growth as competition in enterprise artificial intelligence intensifies.KeyBanc cites slow Agentforce adoptionKeyBanc downgraded Salesforce to Sector Weight from Overweight on Thursday, with analyst Jackson Ader pointing to customer feedback and channel…

A company that just posted the largest quarterly operating profit in the history of the technology industry should not see its stock fall 7% — unless the market believes the profit itself is the top. Samsung Electronics (KRX: 005930) reported preliminary second-quarter 2026 operating profit of ₩89.4 trillion ($58.4 billion) on July 7 — up roughly 19-fold from a year earlier, 6.2% above the ₩84.16 trillion consensus, and enough to overtake Nvidia’s record $53.5 billion quarter and Apple’s all-time peak (KED Global). The shares answered by falling as much as 10% intraday and closing 6.9% lower near ₩291,500 (Benzinga). This…

Swift has confirmed that its blockchain-based ledger is ready for initial use, clearing the way for 17 banks across six continents to pilot live cross-border payments settled with tokenized deposits. The launch marks the first live use case for a ledger Swift unveiled last year and built in nine months, extending a digital asset push the cooperative first signaled when it lined up live trials of tokenized value across its network. The shared ledger gives participating banks an orchestration layer for bank-issued tokenized deposits held on their own ledgers, letting them move client funds around the clock before final settlement…

Plug Power stock extended its sharp sell-off this week, falling to its lowest level since April 2. The shares have plunged 45% from their highest level this year and have slipped below the 200-day moving average, while short interest remains elevated despite the company’s ongoing turnaround efforts.Rising short interest despite turnaround measuresPlug Power, a top player in the hydrogen energy industry, has been in a rollercoaster this year. It initially jumped to a multi-month high of $4.32 in May as investors cheered its turnaround efforts, and then erased most of those gains, and the situation is worsening. The ongoing sell-off has…

Plug Power stock extended its sharp sell-off this week, falling to its lowest level since April 2. The shares have plunged 45% from their highest level this year and have slipped below the 200-day moving average, while short interest remains elevated despite the company’s ongoing turnaround efforts.Rising short interest despite turnaround measuresPlug Power, a top player in the hydrogen energy industry, has been in a rollercoaster this year. It initially jumped to a multi-month high of $4.32 in May as investors cheered its turnaround efforts, and then erased most of those gains, and the situation is worsening. The ongoing sell-off has…

Rising Middle East tensions and policy uncertainty are driving a flight-to-safety, bolstering the U.S. Dollar while elevating energy-related inflation risks. Escalation of Middle East Conflict The geopolitical landscape in the Middle East has entered a period of acute instability following the effective collapse of the U.S.-Iran memorandum of understanding (MoU). In response to ongoing Iranian efforts to force commercial vessels through an illegal traffic separation scheme, the U.S. and its allies have engaged in a series of direct military confrontations. Tensions have peaked with Iranian military strikes on tankers in the Strait of Hormuz, countered by U.S. and Israeli military…

The European Securities and Markets Authority (ESMA) has opened a coordinated review of how crypto-asset service providers (CASP) safeguard client holdings, placing custody operations under direct scrutiny as the EU’s Markets in Crypto-Assets (MiCA) regulation shifts from transition into active supervision. ESMA announced on 8 July that it is launching a Common Supervisory Action with national regulators to test the digital operational resilience of authorised crypto-asset service providers, with custody services as the specific focus. The exercise measures how mature firms’ resilience frameworks are across the technical and governance layers that keep client assets secure, and it runs from the…

Palo Alto Networks stock continues its strong uptrend this week and is now hovering at its all-time high. PANW jumped by 156% from its lowest point this year, with analysts expecting more gains. BNP Paribas predicts that PANW will jump from the current $357 to $380, while Wells Fargo sees it soaring to $420. Other analysts who are bullish on the company are from BTIG and Arete Research. Palo Alto Networks stock faces technical stocksThe general view among analysts is that Palo Alto Networks will continue doing well in the coming years because of the AI boom. The theory is that, as…