Stocks
Citigroup upgrades Ford after better-than-expected earnings
Ford Motor reported better-than-expected earnings after the bell on Tuesday, prompting Citigroup to upgrade the stock from neutral to buy on Wednesday. The bank...
Ethereum
Tether’s GENIUS-compliant USAT stablecoin launches on Celo, marking first expansion beyond Ethereum
Tether has launched its GENIUS-compliant USAT stablecoin on the Celo network, marking its first expansion beyond Ethereum. USAT can be used to pay for...
Tech
Anvil wants to make secured credit cheaper by killing the middlemen
Anvil is a DeFi protocol built on Ethereum that issues programmable letters of credit backed by on-chain collateral such as ETH or USDC. Users...
Tech
Google DeepMind dismantles AlphaFold team amid research overhaul, signaling AI’s shifting priorities
Roughly 25% of the original authors of AlphaFold's foundational papers have left DeepMind. The most notable is Nobel laureate John Jumper, creator of AlphaFold...
Economy
Economy is poised to show strong second-quarter growth — but only after a look under the hood
The U.S. economy churned out another robust rate of growth in the second quarter even as the Iran war boosted inflation. Consumers and businesses...
Regulation
US sanctions oil tankers over Iran ties
The United States has imposed sanctions on oil tankers linked to Iran, escalating its economic pressure campaign against Tehran. This move aims to curb...
Markets
VanEck semiconductor ETF sees $25B in inflows despite 20% decline
Semiconductor ETFs absorbed roughly $24.7 billion in net inflows in under a month, even as the funds fell between 15% and 51%. The four...
Bitcoin
Crypto Giant DCG Warns Senate: Pass Clarity Act or Lose Ground to Singapore, UAE
Digital Currency Group (DCG), a major cryptocurrency investment firm, has endorsed the Clarity Act, stating the bill provides the regulatory certainty the industry needs...