Financial Markets

Senate Memo Says Trump-Linked $TRUMP Meme Coin Lost 97% of Value, Leaving About 1 Million Holders 'Nearly Wiped Out'

A July 27 Senate minority memo says the Trump-linked $TRUMP meme coin plunged about 97% since launch, leaving roughly 1 million holders with steep losses.

#crypto, #trump, #senate, #sec

FCA sets 18-month path to create UK equity consolidated tape, launches interim market reporter

The FCA set an 18-month timetable to build a UK equity consolidated tape, launched a free interim market activity reporter and opened consultations.

#fca, #uk, #markets, #equities, #consolidatedtape

Apple Reports Strongest June Quarter Ever, Revenue Up 16% as Tariff Refunds Boost Profitability

Apple posted its strongest June quarter ever: revenue rose 16% to $109.4B and EPS climbed 29%, helped by tariff refunds that lifted margins.

$AAPL, #apple, #earnings, #iphone, #tariffrefunds

On-chain Records Show 500M USDT Moved From Wallet Labeled 'Tether Treasury' to Binance

On-chain records show 500M USDT moved from a wallet labeled 'Tether Treasury' to one labeled 'Binance'—the latest in unexplained 500M transfers.

#crypto, #tether, #binance, #usdt, #blockchain

Samsung Posts Record Q2 Earnings as AI Memory Chips Drive Profits

Samsung posted record Q2 revenue and operating profit, driven almost entirely by booming AI memory-chip sales (HBM4) while phones lagged.

#samsung, #semiconductors, #ai, #earnings

Boeing posts stronger Q2 with record $715 billion backlog but remains unprofitable

Boeing reported higher Q2 revenue, positive operating and free cash flow and a record $715bn backlog, but still logged a GAAP loss as deliveries ramp.

$BA, #boeing, #earnings, #aviation, #737max

Verizon Posts Record Adjusted EBITDA, Raises 2026 Outlook as Subscribers Grow

Verizon reported record adjusted EBITDA and stronger subscriber growth, raising its 2026 outlook even as GAAP net income fell on restructuring and asset moves.

$V, #verizon, #earnings, #telecom, #subscribers

Deckers First-Quarter Sales Surpass $1 Billion as HOKA, UGG Drive Growth; Company Raises EPS Outlook

Deckers' Q1 sales topped $1 billion as HOKA and UGG gains offset rising expenses; the company raised fiscal 2027 EPS guidance and continued large buybacks.

$DECK, #deckers, #hoka, #ugg, #earnings, #stockbuybacks

RTX Raises 2026 Outlook After Strong Q2, Backlog Hits $289 Billion

RTX lifted 2026 sales, profit and free cash-flow guidance after reporting double-digit Q2 growth across aerospace and defense and a $289B backlog.

$RTX, #rtx, #earnings, #aerospace, #defense

CFTC Ends Routine Large-Trader Reporting for Physical Commodity Swaps

CFTC issued a final order ending routine Part 20 reporting for physical commodity swaps, citing improved swap data and removing duplicative daily filings.

#cftc, #derivatives, #commodities, #regulation

CFTC Blocks Kalshi Emergency Rule, Orders Exchange to Honor Michigan Trades

The CFTC halted Kalshi’s emergency rule to void Michigan trades and ordered the federally regulated exchange to honor executed positions, citing market integrity.

#cftc, #kalshi, #derivatives, #michigan

USDA Cuts 2026/27 U.S. Wheat Forecast; Smallest Crop Since 1970/71

USDA's July WASDE trims U.S. 2026/27 wheat to 1.536bn bushels — the smallest harvest since 1970/71 — and tightens global grain stocks.

#wheat, #usda, #agriculture, #wasde

Bank of England and FCA set out handoff for oversight of systemic UK stablecoins

Bank of England and FCA explain how oversight of UK stablecoin issuers would shift if one is deemed systemic, clarifying who regulates issuers as they scale.

#stablecoin, #uk, #regulation, #bankofengland, #fca

UK launches first real-time consolidated tape for bonds

The UK launched its first real-time consolidated tape for bonds on June 22, aggregating post-trade prices across venues to boost market transparency.

#uk, #bonds, #consolidated-tape, #fca

CFTC Consent Order Permanently Bans Celsius Founder Alex Mashinsky From Trading, Closes Civil Case

A federal court entered a CFTC consent order barring Celsius founder Alex Mashinsky from trading and anti-fraud violations, ending the agency’s civil case.

#celsius, #mashinsky, #cftc, #crypto