Ondo drops tokenized asset blockchain plans for private, high-speed trading network
The new network powers Ondo's recentlylaunched perpetual futures platform and will eventually support trading across onchain financial assets. Source：CoinDesk
The U.S. will import Mexican cattle again. Here’s what that means for high beef prices.
The U.S. Agriculture Department will allow cattle imports from Mexico to resume beginning in late August, despite the threat of the New World screwworm.…
Galaxy, MARA Holdings deepen Texas expansion with land acquisitions
The cryptofocused companies announced separate acquisitions as demand for powerintensive AI and digital infrastructure continues to grow. Source：Cointelegraph
Alphabet and Tesla took a hit from soaring AI spending. Will Microsoft, Meta and Amazon be next?
Big Tech’s binge is draining free cash flow — and the bond markets are taking notice. Source：MarketWatch
Software stocks are rising, and these 6 are expected to withstand the AI threat
Most software companies are expected to show a slowing pace of sales growth over the next two years. Oracle and DigitalOcean are among the exceptions.…
Kraken opens Jersey Mike’s IPO to retail investors through tokenized shares and direct allocations
Eligible US users can request IPO allocations, while customers in more than 110 countries gain access to tokenized Jersey Mike’s shares backed 1:1 by the…
Core Scientific revenue doubles in Q2 as AI colocation expansion accelerates
Core Scientific reported strong secondquarter revenue growth as AI colocation became its largest business, though a noncash accounting charge resulted in a…
Core Scientific lands AMD AI deal as bitcoin mining operation winds down
The agreement accelerates Core Scientific’s pivot from bitcoin mining toward AI data centers, following the termination of its ASIC agreement with Block.…
Boeing’s stock rallies as surprisingly large loss is offset by upbeat revenue and backlog
Sales outpace Wall Street expectations as defense business comes through while commercial airplane sales miss mark. Source：MarketWatch
Meta is up against a wall of AI pessimism heading into earnings
Following Alphabet’s earnings last week, investors will be closely scrutinizing Meta’s AI spending. Source：MarketWatch
PayPal expands stablecoin push as crypto assets factor into Q2 results
PayPal highlighted growth of stablecoins and AIdriven payment tools in Q2 while reporting $8.68 billion in revenue and an $81 million cryptorelated earnings…
Oil prices decline further after Trump claims ‘deep talks’ are underway with Iran
Brent crude and West Texas Intermediate’s frontmonth contracts fell again as the U.S. and Iran continue to pause fighting. Source：MarketWatch