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07-30
Fidelity Points to October Bitcoin Bottom Signal as Key Market Indicator Hits Historic Low
TL;DR:Bitcoin’s Yardstick indicator remained in the undervaluation zone for 83% of the past 92 days.The network’s processing power (hash rate) recorded a 22% drop from its all-time high.The realized cap ratio between long-term and short-term holders reached a reading of 3.9 points.Fidelity Digital A
Meta's Q2 revenue increased 28% to $60.8 billion, missing guidance and profit expectations.
ChainCatcher report: Meta released its second-quarter 2026 financial results, reporting revenue of $60.8 billion, a 28% year-over-year increase, slightly above the market expectation of $60.3 billion; net profit of $15.85 billion, a 14% year-over-year decline; and earnings per share of $6.18, down 1
Robinhood Q2 Market Prediction Revenue Reaches $156M, Trading Revenue Up 44%
According to ME News, on July 30 (UTC+8), Robinhood’s prediction market revenue for the second quarter surpassed its cryptocurrency and stock trading revenues, driving total trading revenue up 44% year-over-year to $776 million. Specifically, event contract revenue reached $156 million, cryptocurren
Ethereum Foundation Appoints Pascal Caversaccio as Fourth Board Member
Huo Xing Cai Jing reports, according to The Block, that the Ethereum Foundation has appointed Pascal Caversaccio (pcaversaccio) as its fourth board member. Current board members include Chair Aya Miyaguchi, founder Vitalik Buterin, and Swiss legal counsel Patrick Storchenegger. Caversaccio is a co-f
Global IT sector faces largest sell-off since 2016
ME AI messages show that over the past three trading days, the cumulative percentage of long liquidation in this sector has reached the highest level since 2016.
On a positive note, Goldman Sachs noted that fundamental long-short hedge funds, which have been risk-averse on our trading desk since l
Samsung Electronics' Q2 chip profit exceeds expectations; demand for AI servers to remain strong
Odaily Planet Daily report: Samsung Electronics posted a second-quarter net profit of 71.3 trillion won, exceeding the market expectation of 68.5 trillion won; the chip division recorded an operating profit of 89.2 trillion won.Samsung Electronics reported an operating profit of 8.94 trillion Korean
Microsoft Q4 revenue exceeds expectations, Azure revenue grows 43%
BlockBeats news, on July 30, Microsoft (MSFT.O) reported revenue of $90 billion for its fiscal year 2026 fourth quarter, a significant 17.7% year-over-year increase (compared to $76.441 billion in the same period last year), substantially exceeding the market expectation of $87.63 billion. Key highl
Fed Holds Interest Rates Steady Amid Rare Three-Vote Hike Push
According to Jinshi Data, the Federal Reserve voted 9 to 3 on July 30 local time to maintain the target range for the federal funds rate at 3.5% to 3.75%. Cleveland Fed President Hama, Minneapolis Fed President Kashkari, and Dallas Fed President Logan voted in favor of a 25-basis-point rate hike—the
Robinhood's Q2 trading revenue increased 44% to $776 million, driven by prediction markets.
Odaily Planet Daily report: In Q2, Robinhood’s prediction market revenue surpassed its cryptocurrency and stock trading revenue, driving total trading revenue up 44% year-over-year to $776 million. Specifically, event contract revenue reached $156 million, cryptocurrency trading revenue was $100 mil
Meta's Q2 Revenue Reaches Record High, Stock Falls 6.8% After Earnings Due to AI Spending
Odaily Planet Daily reports: Meta Platforms (META.O) announced its second-quarter financial results, recording record revenue, but increased investment in AI infrastructure has raised market concerns about cost pressures.Meta's second-quarter revenue was $60.8 billion, a 28% year-over-year increase;
Fed Holds Rates Steady for Fifth Consecutive Meeting, Warns of 2% Inflation Target
Huo Xing Finance reports that on July 30, the Federal Reserve held the federal funds rate steady at the 3.50%-3.75% range for the fifth consecutive time. The FOMC approved the decision by a 9-3 vote, with three regional Fed presidents voting in favor of a rate hike—the first time since 2016 that thr
Samsung Electronics Forecasts Stronger Server and Memory Demand in H2 Amid AI Growth
ChainThink reports that, according to Samsung Electronics' second-quarter financial results, the company recorded revenue of 171 trillion Korean won and an operating profit of 89.4 trillion Korean won, largely in line with market expectations;Net profit reached 71.3 trillion Korean won, exceeding th
Fed Holds Interest Rates Steady for Fifth Straight Time, Warns of 2% Inflation Target
BlockBeats report, on July 30, the Federal Reserve held the federal funds rate steady at the 3.50%-3.75% range for the fifth consecutive time. The FOMC approved the decision by a 9-3 vote, with three regional Fed presidents voting in favor of a rate hike—the first time since 2016 that three votes co
Elon Musk to Fund Republican Super PAC for Midterm Elections
BlockBeats news, on July 30, Axios reported that Musk is intervening in the midterm elections with a major investment plan aimed at increasing Republican voter turnout. The report states that Musk is reviving his previously suspended super PAC, "America PAC," which spent over $2.6 billion in 2024 to
SpaceX Secures a $1.6 Billion U.S. Space Force Contract for 18 Falcon 9 Launches by 2027
BlockBeats report: On July 30, according to CCTV, the U.S. Space Force announced on July 29 local time that SpaceX has recently secured a $1.6 billion contract to conduct 18 Falcon 9 rocket launches by the end of 2027, carrying military satellites designed for detecting and tracking airborne targets
