Gate Crypto Flash News and Market Updates

According to TheFly, on Friday, Argus analyst Joseph Bonner trimmed Microsoft's price target to $510 from $620 while maintaining a Buy rating, implying nearly 32% upside from current levels. Bonner said Microsoft continues pursuing long-term growth through sustained investments in artificial intelligence and cloud computing. CEO Satya Nadella has characterized generative AI as a rare shift in fundamental computing paradigms. The analyst acknowledged market concerns over Microsoft's AI spending s

According to HSBC Global Investment Research, corporate earnings per share (EPS) are tracking their strongest growth trajectory since the post-pandemic boom ahead of Q2 earnings season. The firm projects energy, technology, and industrial sectors will lead gains, with some segments expected to deliver double and triple-digit earnings increases. HSBC head of equity strategy Nicole Inui noted the expansion is concentrated within fundamentally strong sectors and dominant companies rather than a bro

Turkey's Foreign Minister stated recently that Ankara interprets Trump's previous remarks on ceasefire ending not as a termination of the ceasefire agreement, but as a response to recent developments between Iran and the U.S.

According to the Federal Reserve, Xbox CEO Asha Sharma joined the central bank's Productivity and Jobs task force on Thursday, days after announcing a major restructuring that will eliminate 3,200 positions through fiscal year 2027. The task force will examine artificial intelligence's impact on employment and economic productivity as part of the Fed's monetary policy approach. Sharma, who previously led Microsoft's Core AI group, joins venture capitalist Marc Andreessen and Stanford economist C

According to Bank of America Securities, U.S. overall CPI for June is expected to fall 0.09% month-over-month, partly driven by a significant drop in gasoline prices. However, core inflation is forecast to remain elevated at 0.28% month-over-month or 2.9% year-over-year, supported by service sector inflation tied to demand factors.

According to TheStreet, investors who put $10,000 into American Bitcoin Corp (ABTC), the Bitcoin mining company co-founded by Eric Trump and Donald Trump Jr., about one year ago now hold only $260, representing a 97% loss. The stock traded at around $14 a year ago but dropped to $5.86 as of today. On July 6, 2026, the company executed a 1-for-15 reverse stock split, which mechanically inflated per-share price without changing underlying value. The decline was compounded by Bitcoin's price fallin

According to the Financial Times, the U.S. on July 10 deployed a diplomatic team to Beirut to push for a ceasefire between Israel and Hezbollah.

According to Bloomberg, Morgan Stanley's Chief Investment Officer Lisa Shalett warned Friday that semiconductor stocks have become significantly overvalued amid signs that chipmakers' pricing power is weakening. She cited big tech companies including Meta, Google, and Amazon developing cheaper proprietary chips for AI data centers, which could reduce their reliance on external suppliers and pressure chipmakers' pricing ability. Shalett noted the Philadelphia Semiconductor Index's price-to-earnin

According to Bloomberg Television, Nasdaq President Nelson Griggs stated that SK Hynix's recent successful listing is encouraging other international companies to consider conducting initial public offerings or issuing American Depositary Receipts (ADRs) in the United States. Griggs identified two categories of foreign issuers interested in entering the U.S. market: early-stage enterprises without prior listings, and mature companies already listed domestically that are exploring secondary U.S.

According to the Intercontinental Exchange (ICE), during the week of July 7, speculators reduced net long positions in Brent crude oil by 547 contracts to 55,087 contracts, marking a seven-month low.

According to CCTV, the 27 EU member states failed to reach consensus on the 21st sanctions package against Russia on July 10, with disagreements focusing on oil price caps, restrictions on Russian military personnel entry, and targeted individuals. Discussions will continue. The sanctions package, proposed by European Commission President Ursula von der Leyen, covers energy, finance, and fisheries sectors and requires unanimous approval from all 27 members to take effect.

According to Iran's Tasnim news agency, a small refinery in Boludekhtal caught fire, with intense flames making it difficult for firefighters to approach the site.

Gate News message, the U.S. Government transferred 4,036 ETH valued at approximately $7.22 million from its BTC-e seized wallet to a new address 4 minutes ago. The funds originated from assets confiscated in the BTC-e case.

According to the Pentagon, on July 10, the U.S. Department of Defense released a new batch of documents related to UFOs, also known as unidentified anomalous phenomena. The disclosed archive includes 14 documents, 19 videos, 4 audio files, and 3 images sourced from the Pentagon, NASA, CIA, FBI, and the Department of Energy. The Pentagon stated this is not the final disclosure and indicated that additional unidentified anomalous phenomena documents will be released.

According to TheStreet, Elon Musk stated on X that SpaceX will be worth more than the rest of Earth combined if the company achieves its goals, drawing 2.4 million views within hours. The statement comes as SpaceX's Bitcoin wallet transferred approximately $88 to another SpaceX-linked address for the first time in six months, according to blockchain intelligence firm Arkham. Such test transfers typically precede larger institutional movements.

According to CNBC, on July 10, Goldman Sachs reportedly bans employees from trading prediction market contracts related to company-specific events, elections, financial markets, macroeconomic data, and geopolitics. The ban aims to prevent potential insider trading risks as prediction markets like Polymarket and Kalshi have surged in popularity, with combined monthly trading volume on these platforms reaching approximately $24 billion in April 2026.

According to Geoffrey Kendrick, Standard Chartered's global head of digital assets research, the bank is maintaining its end-of-2026 Bitcoin price target of $100,000 despite MicroStrategy's recent sale of 3,588 BTC for approximately $216 million. Kendrick characterized the recent weakness as a communication challenge rather than a deterioration of MicroStrategy's fundamentals, stating the company's Bitcoin sales are part of a monetization program to generate liquidity for its STRC preferred stoc

Pakistan's Prime Minister recently held talks with Iran's President, emphasizing restraint, dialogue, and diplomatic efforts to maintain regional peace.

According to President Zelenskyy, Ukraine will establish a long-range strike command within its armed forces, aimed at targeting Russia. The new unit is intended to enhance Ukraine's ability to conduct remote operations against Russian positions.

According to StoneX analyst Arlan Suderman, Russia closed the Kerch Strait grain corridor on July 11, creating a premium in the wheat market ahead of the weekend amid escalating Ukraine-Russia tensions. The closure followed Ukraine's intensified strikes on Russian energy infrastructure, raising trader concerns about disruptions to critical export logistics and wheat supplies. Wheat futures climbed 3.4% on the supply concerns.