Author: Admin

The S&P 500 Index ($SPX) (SPY) on Wednesday closed down -0.17%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.49%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.83%.  September E-mini S&P futures (ESU26) fell -0.19%, and September E-mini Nasdaq futures (NQU26) fell -0.90%.Stock indices settled mixed on Wednesday, with Dow Jones Industrials posting a new all-time high.  However, the S&P 500 fell from a record high, and the Nasdaq 100 fell from a 1-month high and turned negative as a -7% decline in Advanced Micro Devices led chipmakers lower after the company’s third-quarter sales forecast underwhelmed investors expecting stronger performance amid…

People queue to refuel their cars at a Gazpromneft petrol station in Yaroslavl on July 15, 2026. Russia — one of the world’s largest oil producers — has introduced a swath of restrictions on petrol sales across the country, as Ukrainian strikes on its refineries, depots and logistics crimp domestic supply.Igor Ivanko | Afp | Getty ImagesUkraine’s military on Thursday struck two Russian oil refineries hundreds of miles from its border, Ukrainian President Volodymyr Zelenskyy said, as Kyiv continues to target the country’s energy infrastructure. Ukraine’s armed forces struck the Bashneft-Novoil refinery in Bashkortostan and the Slavneft-Yanos refinery in the Yaroslavl…

Let’s cut to the chase: Starting today, you can take an additional $100 off of our current $300 discount for your founder, investor, or attendee TechCrunch Disrupt 2026 pass, which is a nice bonus on top of our current discounted pricing.  This flash sale will run all week, up until Friday, August 7 at 11:59 p.m. PT. This discount will mark your last chance at a bonus deal before our next pricing tier kicks in on August 21.  Register with this link to lock in your extra $100 off. If you need to learn more before locking in your plans, Disrupt takes over Moscone West from October 13–15, bringing more than 10,000 founders, VCs, tech…

“The Super Mario Galaxy Movie,” “Toy Story 5” and “Spider-Man Brand New Day.”Disney | Universal Pictures | SonyBillion-dollar films are back in Hollywood.The theatrical industry welcomed its fourth billion-dollar film of 2026 this week as Sony and Marvel’s “Spider-Man: Brand New Day” surpassed the coveted benchmark. It joins the three-comma ranks alongside Universal’s “The Super Mario Galaxy Movie,” Lionsgate’s “Michael” and Disney and Pixar’s “Toy Story 5.” The group should soon be joined by Universal’s “The Odyssey,” which has tallied $912 million globally through Sunday and is set to play in theaters through at least mid-September.Box office analysts expect Warner…

The Justice Department’s Civil Rights Division announced on Wednesday that OpenAI, and its once-subsidiary Statsig, signed a settlement that includes three years of oversight over the AI lab’s hiring practices. The DOJ has alleged that these companies used various tactics to prevent U.S. citizens from applying for jobs held by immigrant employees when the companies were sponsoring those workers for permanent U.S. residence. The companies did not admit to wrongdoing, although they did agree to pay $3.2 million. Of that, $1.2 million is a fine and the remaining $2 million is being set aside to pay restitution to U.S. citizens…

Oracle’s (ORCL -0.93%) stock declined by 11.4% in July, according to data from S&P Global Market Intelligence. The move can’t be viewed in isolation, as it occurred during a general sell-off of artificial intelligence (AI) related stocks. While stocks exposed to the AI theme (including Oracle) have bounced strongly in early August, it’s worth noting that Oracle remains the laggard of the leading hyperscalers. Oracle continues to underperform To illustrate the point above, here’s a chart of Oracle stock compared to other hyperscalers, Alphabet, Microsoft, and Amazon.com since the start of June. ORCL data by YCharts And then, zooming out…

Kurt McAlpine, CEO of Miami-based Corient, attributes the firm’s more than doubling its clients’ assets since the start of this year to a few factors. But the most critical, in his view, is a bet he made when the Corient brand launched in 2020: that an RIA should be run similarly to other professional services firms, such as legal or accounting practices, complete with partners.This model, in his view, eliminates internal competition among advisors for clients and assets and creates a culture of providing the client with whatever they need, no matter who provides it.MacAlpine has taken the model so…

Bitcoin stayed wedged at $64,000 on Wednesday’s Wall Street open as gold hit six-week highs.Key points:Gold analysis eyes Chinese demand as the precious metal hits its highest levels in six weeks.Bitcoin (BTC) sees a second day of lackluster performance against US stocks as the S&P 500 index builds on all-time highs.China in spotlight as gold rebounds past $4,200Data from TradingView showed continued BTC price inertia contrasting with upside for both precious metals and US equities.BTC/USD one-hour chart. Source: Cointelegraph/TradingViewGold gained 2.8% on the day to hit $4,213 per ounce, its highest levels since June 22. Chinese appetite spurred the upside,…

A group of six Ethereum researchers and developers, including Ethereum Foundation’s Justin Drake, has proposed changing the network’s issuance policy to cut validator rewards more sharply as the proportion of staked ETH rises. The draft, called the Tapered Issuance Burn and currently being assigned the provisional number EIP-8363, would burn an increasing fraction of validators’ consensus rewards as the amount of staked ETH approaches a fixed threshold of 60.25 million ETH (around 50% of the current ETH supply), at which point the deduction hits 100%. The changes would phase in over 18 months. Tapered Issuance Burn Ethereum Improvement Proposal. Source: GithubThe proposal…

Crypto analytics platform DefiLlama has integrated Forgd’s market-maker leaderboard, giving users access to data on spreads, market depth, trading volume and uptime. In an announcement sent to Cointelegraph, Forgd said that the dashboard ranks crypto market makers using standardized measures of pricing, depth, reliability and execution quality. The data comes from more than 500 token projects and 35 market-making firms that use Forgd’s tools to monitor liquidity across active engagements, according to the company. The integration allows DefiLlama users to compare market makers across exchanges and assess the liquidity supporting individual tokens. Forgd first launched the leaderboard in May as a tool…