๐ More companies are opting to add ETH to their balance sheets instead of BTC. ETH has emerged as the preferred token for those seeking more active income. Unlike BTC, which solely relies on price appreciation, ETH can be utilized for staking, providing substantial additional returns โ RTRS.
๐บ๐ธ Caterpillar has reported its second-quarter adjusted earnings per share (EPS) at $4.72, slightly below estimates of $4.88. However, the company's revenue reached $16.57 billion, surpassing expectations of $16.33 billion.
๐ HSBC has raised its forecast for the S&P 500 index by the end of 2025, increasing it from 5,600 to 6,400.
๐จ๐ณ๐บ๐ธ Trump announced that Chinese President Xi Jinping has proposed a meeting. He stated he will meet with Xi before the end of the year if a trade agreement is reached.
๐ SharpLink Gaming has acquired an additional 83,561 ETH for its balance, further strengthening its position in the cryptocurrency market. This move underscores the company's commitment to expanding its portfolio in the digital currency space. For more details, visit SharpLink Gaming.
โ ๏ธ๐บ๐ธ Former President Donald Trump has claimed that JPMorgan and BofA have discriminated against him.
๐จ The United States reported a trade balance for June at -$60.2 billion, better than the expected -$62.6 billion and a significant improvement from the previous -$71.70 billion.
โ ๏ธ๐ข๐บ๐ธ๐ฎ๐ณ Trump has announced plans to "significantly" raise tariffs on India due to its purchase of Russian oil. The decision could be made within a day.
๐บ๐ธ Former President Donald Trump claimed that NATO leaders are complying with his demands. He expressed confidence that their actions align with his expectations, highlighting his influence over the alliance. Trump's remarks come as NATO continues to address various geopolitical challenges. For more details, visit NATO.
๐บ๐ธ Former President Donald Trump stated that he would like to run for president of the United States again but likely will not pursue that path.
โจ BounceBit has integrated the tokenized fund Franklin Templeton (FOBXX). This move marks a significant development in the realm of cryptocurrency and investment, enhancing access to traditional financial products through blockchain technology. For more information, visit the official website.
๐ท๐บ On August 6, the Russian Ministry of Finance will hold auctions for the placement of OFZ 26248 and OFZ 26225.
๐จ Upcoming Economic Releases
The United States is set to release key economic indicators today. At 16:30 Moscow time, the S&P Services/Composite PMI for July will be published. This will be followed by the ISM Services PMI for July at 17:00 Moscow time. Investors and analysts are keenly watching these reports for insights into the health of the services sector.
The United States is set to release key economic indicators today. At 16:30 Moscow time, the S&P Services/Composite PMI for July will be published. This will be followed by the ISM Services PMI for July at 17:00 Moscow time. Investors and analysts are keenly watching these reports for insights into the health of the services sector.
๐จ The latest economic data from the United States for July shows positive trends. The S&P Composite PMI has risen to 55.1, surpassing expectations of 54.6 and up from the previous 52.9. Additionally, the S&P Services PMI stands at 55.7, exceeding the anticipated 55.2 and also higher than last month's 52.9. These figures indicate a stronger performance in the U.S. economy.
๐ The Vice President's Office of Indonesia has invited Bitcoin enthusiasts to discuss the potential use of BTC as a national reserve. This initiative reflects the country's interest in cryptocurrency and its potential role in the national economy. The meeting aims to explore how Bitcoin could be integrated into Indonesia's financial framework, highlighting the growing trend of digital currencies in global finance.
๐จ๐ท๐บ A decision regarding the possibility of dividends for Norilsk Nickel will be made at the end of the year. According to the CFO, this decision will be influenced not only by free cash flow (FCF) but also by the company's debt levels. The management of Norilsk Nickel emphasizes the need for a balanced approach to dividend payments, considering both the free cash flow and the necessity of managing debt levels.
Alpha
๐ฅ๐บ๐ธ Palantir Technologies (PLTR) shares surged 5% following strong demand for artificial intelligence and substantial U.S. government contracts. Recently, the Trump administration selected Palantir for extensive surveillance operations on American citizensโฆ
๐ฅ๐บ๐ธ Palantir stocks are reaching all-time highs as the company continues to gain momentum in the market. Investors are closely watching the developments, highlighting the growing confidence in Palantir's future performance.
๐จ The ISM Services PMI for the United States in July has been reported at 50.1, falling short of expectations of 51.5 and down from the previous figure of 50.8.
๐ฅโด๏ธ Jito Labs has proposed to allocate 100% of protocol revenues to network token holders, pending approval.