📈 Stocks / Finance

Tesla leads tech rally as stocks rebound amid mixed economic signals

Yahoo Finance

Tech stocks rose in late trading, driven by Tesla's 8% surge following strong earnings. The Nasdaq 100 gained post-market, while treasury yields increased on bets of cautious Federal Reserve rate cuts. Meanwhile, 10-year Treasury options rose amid uncertainty over future Fed moves.

Sustainability targets remain elusive for finance leaders, EY finds

CFODive

A recent EY survey reveals that 53% of institutional investors are optimistic about companies meeting sustainability goals, but only 47% of CFOs share this confidence. The study highlights concerns over the integrity of non-financial data, with 55% of finance leaders fearing greenwashing allegations.

Gold reaches record highs, silver hits 12-year peak as central banks drive demand

Yahoo Finance

Gold surged to $2,750 per ounce, with silver briefly touching $34, as both metals outpaced broader markets. Gold has risen 26% YTD, fueled by central bank purchases, while silver gained 35%. Analysts project gold at $2,850 by year-end and silver to $45 in 2025.

🪙 Crypto

Bitcoin stabilizes as market enters accumulation phase

Decrypt

Bitcoin's price has stabilized at $66,300, down 0.7% for the day but up 7% over two weeks. Analysts point to an accumulation phase driven by stablecoin inflows, rising to $38 billion this year, offsetting a $1.7 billion reduction in Circle's USDC. Higher bond yields are a factor, with funding rates at 10%.

🌎 Global Economy

LNG supply surge to reshape global markets

CNBC

RBC Capital forecasts a major influx of liquefied natural gas (LNG) supply, leading to an oversupplied market by 2026. Prices could fall below double digits, with the U.S. and Qatar dominating global production. Asian demand is expected to grow modestly, driven by China, India, and South Korea.

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