📈 Stocks / Finance

Oracle surges as inflation cools, Boeing drops on crash

AP News

Oracle rose 13.8% after strong earnings, helping offset a 4.6% drop in Boeing following a Dreamliner crash. Chime jumped 46% in its Nasdaq debut. Cooling inflation and rising jobless claims pushed Treasury yields lower, fueling bets on Fed rate cuts by September.

Oklo Stock Gets Boost from DoD Deal, Trump’s AI Push

Investor’s Business Daily

Oklo (OKLO) hit a record $71 after securing a DoD nuclear reactor deal and Wedbush raising its price target from $55 to $75. The $400M stock offering tempered gains. Trump's executive orders fast-tracking SMRs also fueled investor optimism.

Gold futures surge 1.8% on Fed cut bets and geopolitical risk

Reuters

Gold futures closed at $3,402.4, up 1.8%, driven by weaker U.S. PPI data and escalating Middle East tensions. Traders now see an 80% chance of a Fed rate cut in September, with October also in play. Spot gold reached $3,383.22, its highest since June 5.

🪙 Crypto

Botanix Labs pushes Bitcoin-native DeFi to rival Ethereum

The Street

Botanix Labs aims to migrate DeFi from Ethereum to Bitcoin by launching native lending and yield protocols. Co-founder Alisia Painter calls it 'real Bitcoin yield'—returns earned fully on-chain without bridges or wrapped assets.

🌎 Global Economy

Sovereign debt risks mount amid bond market pushback

World Economic Forum

Trump’s new tax bill could lift US debt to 125% of GDP by 2034; global public debt is set to surpass pandemic-era highs. Bond yields are rising—US 30-year above 5%, Japan’s hitting 3.2%—signaling investor concern. OECD now projects 114% average debt for member nations in 2026.

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