📈 Stocks / Finance

IonQ rises on bullish coverage and institutional momentum

TradingView

IonQ shares rose 3% after B. Riley rated it 'Buy' with a $61 target, citing ~100% YoY growth and $1.6B in cash. The rally follows Morgan Stanley's 7.1% stake disclosure and IP milestones, though the stock remains 17.9% below its 52-week high.

Snowflake surges 13% on Q2 earnings and upbeat guidance

Investor’s Business Daily

Snowflake stock jumped 13% in extended trading after Q2 revenue rose 32% to $1.1B, beating estimates. EPS hit $0.35 vs. $0.27 expected. October quarter product revenue guidance of $1.125B–$1.13B also topped forecasts, signaling continued enterprise demand.

Retail and restaurant stocks move on earnings, logo change

Investopedia

Kohl's surged after beating earnings and raising guidance. Cracker Barrel rose on plans to restore its old logo. Canada Goose gained on buyout rumors. J.M. Smucker fell after posting a loss tied to high coffee costs. SBA Communications dropped on a BofA downgrade.

🪙 Crypto

Ethereum outpaces bitcoin amid rising institutional demand

Yahoo Finance

Ethereum surged past $4,900, up 200% since April, driven by dovish Fed signals, the GENIUS Act, and strong ETH inflows. Bitcoin remains 10% off its all-time high, with ETFs seeing $1B in outflows. Analysts cite investor rotation and growing Ethereum adoption by corporate treasuries.

🌎 Global Economy

Trump’s tariffs drive Global South toward economic realignment

The Guardian

Trump's sweeping 50% tariffs are triggering backlash from Brazil, India, and others exploring BRICS-led trade diversification. Analysts warn U.S. pressure may accelerate dollar bypass efforts and fragment global trade, with China emerging as a key beneficiary.

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