📈 Stocks / Finance

SoFi Relaunches Crypto, Eyes Broader Banking Future

The Motley Fool

SoFi stock rose 2.5% to $18.57 after announcing the return of crypto trading and global remittance tools. Q1 revenue hit $771M, up 33% YoY, with financial services revenue surging 101%. Management aims to position SoFi as a top-10 U.S. bank.

Palantir Faces Valuation Pressures Amid AI Hype and Tariff Risks

AInvest

Palantir's Q1 revenue rose 39% to $884M, but its 105x P/S and 394x P/E ratios raise red flags. Tariffs and budget scrutiny threaten federal contract momentum. Institutional exits and a 267.8x EV/EBITDA ratio underscore overvaluation. Analyst target: $89.32, 40% below current price.

Fed rate cut bets plunge after strong jobs report

Yahoo Finance

June payrolls rose 147K vs. 106K expected, and unemployment fell to 4.1%, reversing July rate cut odds. CME data shows only a 5% chance of a July cut, down from 24%. September cut odds also dropped to 78%, signaling reduced urgency for easing.

🪙 Crypto

Bitcoin Treasuries and Crypto ETFs Poised to Expand

Investopedia

Bitcoin treasury firms are surging, with 135 public companies holding BTC. Spot ETF inflows hit $14.4B YTD. Ether lags but may rebound via ETF staking. Analysts expect broader ETF approvals and more crypto IPOs in H2 2025. BTC is up ~15% YTD, nearing all-time highs.

🌎 Global Economy

Global markets resist Trump’s tariff brinkmanship

The Economic Times

Trump’s tariff threats face global pushback as allies, bond markets, and domestic critics challenge his unilateral moves. The dollar slid in H1, US GDP shrank 0.5% in Q1, and inflation overshot 2%. Despite weaker growth, equities soared on Fed cut hopes and trade optimism.