Global TradFi & Macroeconomics

Big Tech companies face investor scrutiny next week as earnings reports are expected to reveal whether hundreds of billions of dollars in AI infrastructure spending are generating returns, according to I/O Fund Lead Tech Analyst Beth Kindig. Kindig stated that investors want proof AI monetization

According to I/O Fund's Beth Kindig, Big Tech companies will report quarterly earnings next week starting July 21, with investors seeking proof that hundreds of billions in AI infrastructure spending are translating into profitability. Alphabet has led this year with an 11% gain, followed by

According to Tasnim News Agency, Iran's basket crude oil price has surpassed $80 per barrel.

Netflix shares fell nearly 12% on Friday morning after the company's quarterly results prompted Wall Street analysts to lower price targets, with the stock paring losses to about 7% by afternoon. The selloff followed Netflix's Thursday earnings report showing second-quarter earnings per share of $0.

Netflix shares tumbled 12% on Friday morning after the company reported second-quarter revenue of $12.56 billion, missing the $12.58 billion consensus estimate, according to Stocktwits. Earnings per share of $0.80 came in slightly ahead of expectations of $0.79. Multiple Wall Street analysts

The Centers for Disease Control and Prevention announced on Thursday that a cyclosporiasis outbreak affecting more than 1,600 people across five states has been linked to shredded iceberg lettuce served at Taco Bell locations in Indiana, Kentucky, Michigan, Ohio and West Virginia. The outbreak,

According to the Centers for Disease Control and Prevention, a cyclosporiasis outbreak linked to shredded iceberg lettuce at Taco Bell locations has affected more than 1,600 people across five states (Indiana, Kentucky, Michigan, Ohio, and West Virginia) as of July 17. No deaths have been

On Friday (July 17), the Federal Reserve's overnight reverse repurchase agreement (RRP) outstanding fell to $100 million with one counterparty, down from $125 million the previous trading day.

On July 17, 2026, from 17:00 to 17:15 UTC, BTC saw a modest short-term uptick, with a Return % of +0.58%. The price ranged from 63,593.0 to 64,139.5 USDT, with an Ampl of 0.86%. Over the past 24 hours, BTC traded in a narrow range, with a 24h move of only -0.48%. The current price is around $63,987. The market is waiting for a clearer directional catalyst, and trading sentiment is leaning toward caution. The main driver behind this move is a macro hedging narrative battle fueled by the continued

PayPal Holdings Inc.'s board views the $53 billion takeover proposal from a consortium led by Stripe and Advent International as inadequate, Reuters reported Thursday. The board is weighing concerns over valuation, financing and regulatory hurdles. Morgan Stanley responded Friday by stating that a s

According to Morgan Stanley, a sale to a Stripe and Advent International-led consortium represents PayPal Holdings Inc. (PYPL) as the most credible path to unlocking shareholder value. This follows Reuters reporting on Thursday that PayPal's board views the $53 billion takeover proposal as

According to a statement from ConocoPhillips on July 17, the company agreed to acquire a 42% stake in BP's Kirkuk oil field in Iraq, a major project supporting the conflict-hit nation's energy recovery. The transaction encompasses over 3 billion barrels of oil equivalent with additional

SpaceX's publicly traded stock SPCX dropped to a fresh record low in midday trade on Friday, marking its sixth consecutive day of losses, despite the company setting a new target date of Monday, July 20, for its Starship's 13th test flight. The stock fell more than 6% on Friday, with the company's m

U.S. total oil rig count rose to 588 in the week ending July 17, 2026, up 7 from 581 in the prior week.

U.S. oil drilling rigs totaled 452 for the week ending July 17, up from 445 in the prior week, according to weekly data.

The U.S. natural gas rig count remained at 126 for the week ended July 17, unchanged from the prior week.

SpaceX (SPCX) stock fell to a fresh record low in midday trade on Friday, July 17, declining more than 6% and erasing over $1 trillion from its market capitalization compared to post-IPO peaks. The stock's market value dropped to approximately $1.61 trillion from an all-time high of nearly $2.7 tril

According to Bloomberg, Apple is in early settlement discussions with the U.S. Department of Justice over a 2024 antitrust lawsuit. The DOJ's complaint alleges Apple violated antitrust laws. No trial date has been set, and there is no guarantee the parties will reach an

The University of Michigan reported on July 17 that US consumer sentiment rose in July, with the preliminary consumer sentiment index reaching 54.4. This represents a 9.9% increase from June's reading of 49.5 and exceeded the market expectation of 51.0. Joanne Hsu, director of consumer surveys at th

The Federal Reserve Bank of New York's GDP Nowcast model predicts U.S. second-quarter GDP growth at 2.80%, up from the prior estimate of 2.73%.