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Bitcoin fell below $63,000 during an Asian-session leverage flush, trading near $62,500 Tuesday morning, down about 2% over 24 hours and roughly $57,300 below its level a year ago. Crypto market sentiment remains in Extreme Fear territory, with total market capitalization slipping 1.5% to about $2.23 trillion. The pullback hit bitcoin miner Riot Platforms hard: shares slid nearly 8% after a large bitcoin sale by the company came to light, and the stock was down another 3.7% i

NIO shares rose 3.7% Monday after Goldman Sachs upgraded the Chinese EV maker to Buy from Hold and set a $7 price target. The bank cited expectations for significant volume growth and a premium margin profile, helped by the successful launch of the new ES8 and ES9 models. The upgrade follows a solid delivery quarter: NIO reported 40,597 deliveries in June, bringing its second-quarter total to 107,658 vehicles. That was slightly below the company's prior guidance of 110,000 to

Walmart has cut the price of Coca-Cola 24-packs by 33% to $9.97 as part of a broad summer campaign slashing prices on thousands of items, including staples like ground beef. Walmart shares moved higher on the announcement as investors bet the cuts will widen the retailer's lead if competitors don't match them. The move puts a spotlight on Coca-Cola's pricing power just weeks before the beverage giant reports second-quarter earnings. Coke stock has been a strong performer, up

Bank of America releases second-quarter 2026 results Tuesday morning at approximately 6:45 a.m. ET, followed by an investor call at 8:30 a.m. Analysts expect earnings of roughly $1.10 to $1.12 per share, up about 25% from 89 cents a year ago, on revenue near $30.3 billion. Investors will focus on net interest income, trading revenue, and credit trends. Fixed income and equities trading have been strong contributors in recent quarters, and the Street will be listening for comm

U.S. stocks closed lower Monday and futures pointed to further weakness Tuesday morning as investors braced for the June Consumer Price Index report, due at 8:30 a.m. ET. The Dow fell 0.3% to 52,498.70, the S&P 500 lost 0.8% to 7,515.47, and the Nasdaq dropped 1.6% to 25,873.18, pressured by rising oil prices and escalating U.S.-Iran tensions in the Strait of Hormuz. While economists expect the report to show consumer price inflation cooled in June, bond traders have been mov

Oil prices spiked Monday after Washington laid out plans for a new blockade of Iran following the collapse of ceasefire talks, sending energy stocks sharply higher while the broader market slid. The S&P 500 fell 0.8% and the Nasdaq dropped 1.6%, while the S&P 500 energy sector rose about 3%. Chevron gained roughly 5% on the week and Exxon rose 4% as the U.S. struck more than 80 Iranian targets and revoked the sanctions waiver covering Iranian oil exports, taking an estimated

Kroger is moving forward with its $1.65 billion acquisition of Giant Eagle, a deal aimed at expanding its footprint while preserving the regional chain's local identity. The grocer also announced a meaningful dividend increase and appointed a new Chief People Officer. Separately, Kroger scrapped plans to build dozens of Harris Teeter stores across Florida, though the company may keep its Jacksonville location as it reallocates capital amid competitive pressure in the grocery

Robinhood shares have surged roughly 30% over the past month, fueled by strong retail trading activity and a wave of bullish analyst coverage. BTIG initiated the stock at Buy with a $125 target, and Goldman Sachs raised its target to $121 after record June activity across event contracts, options, equities and crypto. At its 'The World is Flat' event, the company publicly launched Robinhood Chain, a Layer 2 network built on Arbitrum for tokenized real-world assets, alongside

Delta Air Lines beat Wall Street expectations for the second quarter despite elevated fuel costs, reporting adjusted earnings of $1.56 per share versus $1.48 expected on revenue of $17.67 billion. Premium demand continues to outpace the main cabin: first class and other premium tickets brought in $6.92 billion for the quarter, edging out the $6.85 billion from coach. Delta reaffirmed its full-year earnings forecast of $6.50 to $7.50 per share and guided third-quarter profit a

Semiconductor stocks sold off Monday, led by a 15% plunge in memory maker SK Hynix in Seoul, pressuring AI hardware names across the board — including server maker Super Micro Computer — and pushing the Nasdaq down 1.6%. The slide comes at the start of a busy week: major U.S. banks kick off Q2 earnings season Tuesday, and the June Consumer Price Index report is expected to give fresh clues on the inflation outlook, with the 10-year Treasury yield ticking up to 4.60%.