July 10, 2026 6:01 am
Key Moments The People’s Bank of China set the USD/CNY central parity at 6.7989, slightly stronger than the prior fix of 6.8036. The latest fixing diverged from a Reuters estimate of 6.7931 for the session. The PBoC continues to use multiple monetary policy tools, with the Loan Prime Rate serving as China’s benchmark lending rate. […]
Read moreJuly 10, 2026 5:55 am
Key Moments WTI trades around $71.75 during the Asian session, stabilizing after the prior day’s decline. Renewed US-Iran military exchanges support a geopolitical risk premium in crude prices. A larger-than-expected 2.998 million barrel US inventory build and an OPEC+ production hike limit upside. WTI Steadies After Recent Selloff West Texas Intermediate (WTI), the primary US […]
Read moreJuly 9, 2026 2:24 pm
Key Moments SanDisk stock climbed 5.1% in morning trading to $1,815 after a recent pullback erased about one-quarter of its value from its June record high. Goldman Sachs analyst James Schneider reaffirmed a Buy rating and $2,200 price target, projecting “a very strong quarter driven by continued NAND supply tightness” ahead of the August 13 […]
Read moreJuly 9, 2026 1:18 pm
Key Moments ServiceNow stock declined 4.1% in pre-market trading, retreating to $103.38 without any new company-specific developments. Market pressure followed President Trump’s July 8 announcement at the NATO summit in Turkey that the U.S.-Iran ceasefire was no longer in effect, which pushed oil prices higher and drove a broad risk-off move. ServiceNow continues to trade […]
Read moreJuly 9, 2026 1:15 pm
Key Moments ServiceNow stock declined 4.1% in pre-market trading, retreating to $103.38 without any new company-specific developments. Market pressure followed President Trump’s July 8 announcement at the NATO summit in Turkey that the U.S.-Iran ceasefire was no longer in effect, which pushed oil prices higher and drove a broad risk-off move. ServiceNow continues to trade […]
Read moreJuly 9, 2026 1:04 pm
Key Moments Meta Platforms (NASDAQ:META) shares fell 2.6% Thursday morning as investors focused on the scale of its planned AI infrastructure spending. The company intends to start producing its in-house “Iris” AI data center chip in September as part of a four-generation Meta Training and Inference Accelerators (MTIA) roadmap. An internal memo indicated Meta could […]
Read moreJuly 9, 2026 12:45 pm
Key Moments PepsiCo shares fell 1.8% in pre-market trading after second-quarter 2026 adjusted EPS of $2.20 narrowly missed the $2.21 analyst consensus. Revenue reached $24.18 billion, topping the $23.97 billion estimate and growing 6.4% year over year, with organic revenue up 2.4%. North America food sales declined 2% as price cuts of up to 15% […]
Read moreJuly 9, 2026 12:36 pm
Key Moments Bloom Energy (NYSE:BE) stock increased 6% on Thursday morning after the company publicly rejected a short-seller report. The company called Hunterbrook Media LLC’s July 8, 2026 report on its financials and accounting “false and misleading” and pointed investors to its SEC filings. Bloom Energy said it has adequate scandium oxide supply, is not […]
Read moreJuly 9, 2026 11:01 am
Key Moments EUR/CAD traded around 1.6210 during European hours on Thursday after two straight sessions of declines. Germany’s May trade surplus widened to €19.1 billion, surpassing forecasts of €14.8 billion and marking the highest level since February. West Texas Intermediate crude fell below $73.00 per barrel, pressuring the commodity-linked Canadian Dollar. Euro Advances on Robust […]
Read moreJuly 9, 2026 10:06 am
Key Moments SOL is trading just below a key resistance band at $79.26-$80.31 while sitting more than 15% under its 200-day moving average at $92.50. Derivatives positioning shows 70.1% of top Binance futures traders and 68.1% of retail accounts are long, with funding at a neutral 0.0041% and open interest at $755 million. A daily […]
Read more
