Blockonomi

Key Highlights
Galaxy Digital has locked in a 15-year naming rights agreement for Texas Tech University’s football venue, now called Galaxy Stadium
The partnership designates Galaxy as Texas Tech Athletics’ official partner for digital assets and data center operations
Galaxy runs the Helios data center facility in Dickens County, approximately 60 miles from campus, featuring 1.6 gigawatts of authorized capacity
Galaxy Stadium will debut on September 5, 2026, when Texas Tech faces Abilene Christian in its season opener
The Lone Star State continues to attract crypto companies, mining facilities, and blockchain-friendly regulations
In a significant move for collegiate sports branding, Galaxy Digital has secured a 15-year agreement with Texas Tech University to rebrand the school’s football facility as Galaxy Stadium, effective with the 2026 football season.
We’re excited to share Galaxy is now the official data center and digital assets partner of @TechAthletics under a 15-year agreement, renaming the home of Red Raider Football as Galaxy Stadium.
Texas Tech is central to our community footprint in West Texas. The university has… pic.twitter.com/UvL84ey8mo
— Galaxy (@galaxyhq) July 17, 2026
The partnership was revealed publicly on Friday, July 17, though neither party disclosed the financial parameters of the arrangement.
The inaugural contest at the rebranded venue is scheduled for September 5, when the Red Raiders kick off their season hosting Abilene Christian.
Partnership Details and Scope
The agreement extends beyond simple stadium branding. Galaxy will serve as the official partner for data center operations and digital assets across Texas Tech’s athletic department.
The collaboration aims to develop artificial intelligence initiatives, provide workforce development programs, and create opportunities for student-athletes related to name, image, and likeness monetization.
The official statement did not include specific investment amounts or implementation schedules for these planned initiatives.
Galaxy’s Regional Operations
Galaxy Digital maintains an established presence in West Texas. The company operates its Helios data center facility in Dickens County, located about 60 miles east of Lubbock.
The facility has received approval for 1.6 gigawatts of capacity dedicated to artificial intelligence and high-performance computing applications.
This stadium partnership strategically links Galaxy’s infrastructure operations with a prominent West Texas collegiate athletics program.
The state has emerged as a magnet for cryptocurrency and digital infrastructure enterprises. Companies including Riot Platforms, Cipher Mining, Core Scientific, CleanSpark, IREN, and Hut 8 maintain operations across Texas.
This past February, mining equipment manufacturer Canaan acquired a 49% ownership interest in three Texas-based mining facilities from Cipher Mining in a transaction valued at approximately $40 million.
More recently this month, MARA Holdings revealed intentions to purchase a two-gigawatt powered location in Texas for developing a campus dedicated to Bitcoin mining and high-performance computing operations.
Legislative Landscape and Political Investment
Texas has demonstrated strong policy support for the digital asset sector. Governor Greg Abbott enacted legislation in the previous year establishing the Texas Strategic Bitcoin Reserve.
State administrators began transitioning the reserve’s holdings from spot Bitcoin ETF investments to direct Bitcoin ownership in May.
Political action committees aligned with cryptocurrency interests have invested substantially in Texas electoral races. During May’s congressional primary runoff elections, industry-backed PACs deployed over $10 million supporting preferred candidates. All six candidates receiving support secured victories.
The Texas Tech stadium agreement represents another significant milestone in the state’s expanding cryptocurrency ecosystem, adding a high-profile college sports partnership to the mix.
While the 15-year duration ensures Galaxy maintains long-term visibility at Texas Tech, the complete financial value of the naming rights contract remains undisclosed.
The post Galaxy Digital Lands 15-Year Texas Tech Stadium Naming Rights Deal appeared first on Blockonomi.

À retenir
Le scénario modéré projette que le XRP se situe entre 5 $ et 8 $ d’ici 2031, porté par l’intégration institutionnelle croissante
Dans un scénario optimiste, le XRP pourrait grimper jusqu’à 15–25 $ s’il capte une part significative du marché mondial des règlements
Dans un scénario pessimiste, le XRP se placerait entre 1 $ et 2 $ si l’adoption ralentit ou si les pressions concurrentielles s’intensifient
Les flux de fonds négociés en bourse pourraient limiter l’offre en circulation tout en améliorant l’accessibilité pour les investisseurs particuliers et institutionnels
Dans l’ensemble des scénarios pondérés en fonction des probabilités, l’objectif du XRP pour 2031 se situe autour de 7,90 $

Key Highlights
Major whale acquired 89,396 ETH valued at approximately $164.88 million across three days
Ethereum declined 3.6% in the last 24 hours, currently hovering around $1,823
US market sentiment stays bearish even with $68M in ETH ETF inflows recorded this week
Network active addresses dropped to December lows while transaction volume surged to record highs
Crypto analyst Michaël van de Poppe projects ETH could reach $2,200–$2,400 with $1,780 support intact
Ethereum currently trades around $1,823 following a 3.6% decline in the past day. The cryptocurrency pushed toward $1,944 three days earlier but faced resistance, retreating to $1,819 before staging a modest bounce.
Ethereum (ETH) Price
While prices declined, significant whale movements emerged. Blockchain monitoring service Lookonchain identified two freshly established wallets that pulled 20,000 ETH from Coinbase Prime across two separate 10,000 ETH transactions totaling $37.72 million. This same whale entity had previously acquired 30,000 ETH valued at $57.6 million on July 16, pushing its three-day accumulation to 89,396 ETH worth roughly $164.88 million.
Data from CryptoQuant’s Spot Average Order Size indicator revealed substantial whale-sized orders occurring for seven straight days. That said, the metric captures both buy and sell orders, confirming heightened whale activity without indicating directional bias.
According to CoinGlass analytics, Ethereum’s Spot Netflow stayed negative for the second consecutive day at -$23.6 million compared to -$49 million previously. This indicates ongoing but decelerating net outflows from exchanges.
Source: Coinglass
Mixed Network Fundamentals
US-based spot Ethereum ETFs are poised to finish the week with $68 million in combined net inflows spanning Monday through Thursday. Exchange reserves have simultaneously decreased by 253,000 ETH since July 5, indicating investors are transferring holdings to personal wallets.
ETF FLOWS: US SPOT CRYPTO ETFs FLOWS DATA UPDATE (17-07-2026) YESTERDAY
Bitcoin ETFs: +2,065 $BTC (+$132.30M)
Ethereum ETFs: +19,940 $ETH (+$36.73M)
HYPE ETFs: -90.87K $HYPE (-$5.45M)
$DOGE, $LINK, $BNB, $AVAX, $DOT, $HBAR , $LTC, $XRP, $SOL Flows Was Zero.
TOTAL US… https://t.co/OJCQThZG56 pic.twitter.com/cvNBFllZkp
— Crypto Patel (@CryptoPatel) July 18, 2026
Despite these positive signals, the Coinbase Premium Index—which measures US institutional demand—continues trading in negative territory. Ethereum network active addresses have contracted to a 14-day simple moving average of 397,000, marking the lowest reading since December, even while daily transactions climbed to an all-time high of 2.65 million.
The amount of staked ETH has climbed to an unprecedented 40.93 million ETH. Much of this increase, however, stems from a single participant: treasury management firm BitMine Immersion, which has staked 4.9 million ETH since December.
Technical Outlook and Key Levels
The Balance of Power indicator shifted dramatically from 0.93 to -0.61, signaling that sellers currently dominate near-term price momentum.
Looking at the daily timeframe, Ethereum maintains its position above the 20- and 50-day exponential moving averages positioned at $1,791 and $1,812 respectively. Immediate resistance appears at $1,909, followed by $1,942 and $2,018. Downside support levels include $1,806, with stronger zones at $1,741 and $1,524.
Prominent crypto trader Michaël van de Poppe (@CryptoMichNL) stated on X that Ethereum hitting $2,000 soon is “incredibly more likely,” pointing to an emerging uptrend and solid support maintaining at $1,780. He outlined subsequent price targets between $2,200 and $2,400, emphasizing that the market structure “shouldn’t be overcomplicated.”
It's incredibly more likely that we'll start to see $ETH at $2,000+ in the near future.
The asset is running a new upwards trend and flipping previous resistance levels for support.
I don't think things should be overcomplicated, and on the lower timeframe levels, it's clearly… pic.twitter.com/h7OAoppiec
— Michaël van de Poppe (@CryptoMichNL) July 18, 2026
Over the past 24 hours, ETH saw $91.4 million in total liquidations, with long positions accounting for $61 million of that figure.
The post Ethereum (ETH) Price Retreats 7% as Whale Accumulates $165M — Recovery Ahead? appeared first on Blockonomi.

Points clés
L’ancien PDG de Binance, Changpeng Zhao, a affirmé sur X que le Bitcoin offre une protection contre l’inflation, contrairement à l’intelligence artificielle
L’offre plafonnée de la cryptomonnaie à 21 millions de coins tranche nettement avec le potentiel de dilution illimitée des actions des entreprises d’IA
Zhao avait auparavant estimé que le Bitcoin pourrait atteindre 1 million de dollars d’ici 2033, en se basant sur des schémas de croissance historiques
Le BTC a bondi au-delà de 65 000 dollars après la publication de données sur l’indice des prix à la production (IPP) américain plus faibles que prévu
Les prochaines introductions en bourse de sociétés d’IA, comme OpenAI et Anthropic, pourraient détourner temporairement les investissements des marchés de la cryptomonnaie

Points clés
Le BTC a rebondi pour atteindre environ 63 972 $ samedi, après des pertes en milieu de semaine
Moonshot AI, une entreprise basée à Pékin, a dévoilé Kimi K3, dépassant des modèles de pointe d’OpenAI et d’Anthropic
Les marchés de la technologie et des cryptomonnaies ont connu des turbulences, car la percée dans l’IA a remis en question l’idée selon laquelle des infrastructures coûteuses sont nécessaires
Les opérations minières assorties d’accords liés à l’IA et au calcul haute performance pourraient voir leur rentabilité diminuer face à des alternatives plus rentables
Les observateurs du marché anticipent un possible mouvement vers 74 000–76 000 $, bien que le risque de baisse vers la fourchette des 50 000 $ demeure

Faits marquants
Le FTX Recovery Trust prévoit de libérer environ 900 millions de dollars aux créanciers à partir du 31 juillet
Il s’agit de la cinquième distribution depuis l’effondrement de la plateforme à la fin de 2022
Les distributions cumulées se sont rapprochées de 10 milliards de dollars depuis le lancement du processus de remboursement en 2025
Les créances inférieures à 50 000 $ reçoivent un remboursement de 120 % ; les créances plus importantes reçoivent 103–105 %
L’ancien PDG Sam Bankman-Fried purge une peine de 25 ans ; une résolution bipartite du Sénat s’oppose à une grâce
Le FTX Recovery Trust a révélé vendredi qu’il prévoit de lancer la distribution d’environ 900 millions de dollars aux créanciers concernés à partir du 31 juillet. Il s’agit de la cinquième grande tranche de remboursement depuis l’effondrement spectaculaire de la plateforme de cryptomonnaies en novembre 2022.

Points clés
L’Autorité nationale française des jeux d’argent a ordonné aux fournisseurs d’accès à Internet de restreindre l’accès à Polymarket à compter du 16 juillet 2026
Les violations incluent des opérations de jeux d’argent non autorisées, des mécanismes favorisant l’addiction et des garanties insuffisantes pour les consommateurs
Une manipulation présumée de paris basés sur la météo a motivé une enquête pénale menée par les autorités parisiennes de cybercriminalité
La plateforme fait actuellement l’objet de restrictions d’accès dans 36 juridictions à l’échelle mondiale, dont l’Espagne, Singapour et le Brésil
Le Kentucky mène une coalition de 18 États américains intentant une action en justice contre les opérateurs de marchés de prédiction, dont Polymarket

TLDR:
La direction des actifs numériques de Bank of America inclut désormais Sonali Theisen, qui supervisera le développement de la plateforme tout en conservant ses fonctions de négociation FICC.
Kevin Milsom dirigera la transformation par l’IA à travers les marchés et les plateformes mondiaux, en soutenant l’automatisation, l’analytique et la mise en œuvre de l’IA générative.
Le programme blockchain plus large de la banque couvre les dépôts tokenisés, les stablecoins, la mobilité des garanties numériques, le règlement des cryptomonnaies et la garde.
Des mouvements de recrutement similaires chez Vanguard et Morgan Stanley montrent que les établissements financiers traditionnels intègrent les actifs numériques dans des divisions commerciales établies.

TLDR:
BitGo Bank & Trust now offers qualified custody for USDM1, the first onchain sovereign bond
USDM1 is backed 1:1 by US Treasuries and issued natively onchain by the Marshall Islands
Go Network enables off-exchange settlement with T+0 timing across Stellar, Ethereum, and Solana
Marshall Islands uses USDM1 to fund a 20-year Universal Basic Income program nationwide
BitGo Bank & Trust will provide institutional-grade qualified custody and off-exchange settlement for USDM1, the first natively issued onchain sovereign bond. The Marshall Islands issued this dollar-denominated instrument, which is backed 1:1 by US Treasuries.
Institutional clients can hold USDM1 in regulated cold storage and use it for collateral and settlement through BitGo’s Go Network. The service spans Stellar, Ethereum and Solana networks.
Custody Framework And Settlement Access
BitGo Bank & Trust operates as an OCC-regulated digital asset trust bank under BitGo Holdings, Inc. The bank now supports USDM1 within its qualified custody platform for institutional clients.
Segregated accounts, offline key management and institutional controls form the foundation of this custody structure. These features apply across all three supported blockchain networks.
BitGo announced the news in a post on X, describing USDM1 as the first natively issued onchain secured sovereign bond.
Today we're announcing institutional-grade qualified custody and off-exchange settlement for USDM1, the world's first natively issued onchain secured sovereign bond.
Institutional clients can hold this dollar-denominated sovereign bond in regulated custody on BitGo and use it…
— BitGo (@BitGo) July 17, 2026
The company stated that institutional clients can hold this dollar-denominated sovereign bond in regulated custody on BitGo and use it for collateral and settlement through BitGo’s Go Network. The post confirmed availability across the three supported networks.
Through the Go Network Off-Exchange Settlement solution, eligible clients can deploy USDM1 to connected trading venues.
This access operates continuously, with settlement completed on the same day trades occur. Assets do not need to move onto an exchange for this process to function.
This structure aims to reduce exposure during the trading day and lower settlement risk for institutions. It also targets a reduction in pre-funding requirements across trading and financing operations.
BitGo positions this setup as a way to improve capital efficiency for institutional clients working with digital assets.
Sovereign Bond Structure And Broader Application
USDM1 was issued by the Republic of the Marshall Islands as a secured sovereign bond. The instrument follows a structure similar to a fully collateralized Brady bond under New York law. It is designed to accrue value daily, with minting and redemption tied to live signed price quotes.
Mike Belshe, CEO and co-founder of BitGo, addressed the announcement directly. He said USDM1 is “a different kind of asset – sovereign collateral with Treasury backing, built to fit how institutions already operate.” He added that custody access allows institutions to use the asset within infrastructure they already rely on.
Hon. David Paul, the Marshall Islands’ Minister of Finance, Banking and Postal Services, also commented on the partnership.
He noted that the government “truly appreciates BitGo’s partnership and is proud to see this infrastructure put to work built on trusted legal frameworks.”
He described USDM1 as anchored in the full faith and credit of the Marshall Islands government, secured by underlying US Treasury collateral.
Beyond institutional finance, the Marshall Islands has deployed USDM1 in a nationwide Universal Basic Income program.
The program distributes funds quarterly across more than 1,200 islands over a 20-year period. Financial institutions have also begun using USDM1 as a treasury instrument in daily operations.
The post BitGo To Offer Institutional Custody for USDM1 Sovereign Bond appeared first on Blockonomi.

La plateforme numérique établie AlienWP étend sa couverture au secteur de l’iGaming en lançant des actualités de casino dédiées, des mises à jour réglementaires et des contenus d’évaluation, tout en développant simultanément Alien Wise Play, une ressource pour les joueurs
AlienWP, lancé en 2013 comme une plateforme de ressources numériques, a révélé son intention d’entrer dans l’univers des actualités en ligne sur le casino et l’iGaming. Le site commencera à publier une couverture régulière des évolutions de l’industrie, des évaluations de casinos, des cadres réglementaires, des offres promotionnelles et des initiatives en faveur de la sécurité des joueurs, complétant ainsi son orientation initiale axée sur du contenu numérique

TLDR :
Le remboursement de la FTX distribuera environ 900 millions de dollars le 31 juillet aux créanciers éligibles répondant à toutes les exigences de vérification.
Les créances des clients de Dotcom et des États-Unis atteindront des recouvrements cumulés de 105 % au titre de la cinquième distribution de faillite.
Les créances chirographaires générales et les créances de prêts d’actifs numériques atteindront 103 %, tandis que les « Convenience Claims » recevront des recouvrements cumulés de 120 %.
Les détenteurs de capitaux propres privilégiés recevront séparément 18 millions de dollars, portant les paiements totaux de leur fiducie de remboursement à 95 millions de dollars.

TLDR:
The CLARITY Act revised text is now expected next week after a White House meeting failed to resolve the disputed ethics provisions.
Polymarket approval odds briefly fell to a record 31% before recovering to 35%, compared with a 73% probability during May.
Senate Democrats want stronger conflict-of-interest rules before providing the bipartisan votes needed to move the legislation forward.
The New York House hearing supports the case for crypto regulation but does not advance the bill or alter its Senate voting timetable.
The CLARITY Act has suffered a fresh setback after lawmakers failed to release revised Senate text following a White House meeting. Industry sources now expect the document next week, extending uncertainty around the crypto market structure bill. Polymarket briefly priced the legislation’s 2026 approval odds near 31% before they recovered to 35% on Friday.
The sharp fall from 73% in May reflects doubt that negotiators can settle the ethics dispute and secure enough Democratic votes. A House field hearing in New York may support the policy case, but it does not change the Senate timetable or advance the bill directly.
CLARITY Act Text Delay Deepens the Senate Ethics Standoff
President Donald Trump met Republican senators on Thursday to discuss the ethics provisions holding up the legislation. The meeting did not produce the promised updated draft. Journalist Eleanor Terrett reported that industry leaders now expect the text to slip into next week.
The @FinancialCmte will hold a field hearing at 10 AM ET in New York examining how the Clarity Act could unlock innovation. The hearing is informational and does not affect the Senate’s consideration of the bill.
Meanwhile, updated legislative text remains elusive following… pic.twitter.com/crMgbG1TVd
— Eleanor Terrett (@EleanorTerrett) July 17, 2026
The delay matters as Senate leaders have little time to build a bipartisan coalition before the August recess. The measure needs 60 votes to advance. That requirement leaves the bill dependent on Democratic senators seeking stronger conflict-of-interest rules.
Senator Ruben Gallego has described the Republican ethics language as too weak. Democrats want tighter restrictions covering the president, vice president, senior officials and members of Congress with crypto interests. Trump’s 2025 financial disclosure, which reported more than $1 billion in crypto-related gains, has intensified the dispute.
Senator Cory Booker has kept negotiations open but says the legislation requires a bipartisan pathway. Releasing text without Democratic support could harden opposition before negotiators settle the most contested language.
The legislation previously carried bipartisan momentum. The Senate Banking Committee advanced H.R. 3633 by a 15-9 vote on May 14. It was reported to the Senate on June 1 and placed on the legislative calendar as Calendar No. 423. No floor vote has been scheduled.
Approval Odds Fall as the Hearing Offers No Senate Fix
The House Financial Services Committee held its New York field hearing at 10 a.m. ET on Friday. The session examined how the CLARITY Act could support digital asset innovation and establish clearer federal oversight.
Witnesses included representatives from Nova Labs, Bullish, WisdomTree and Coin Center. Their testimony covered digital commodity rules, market infrastructure, consumer safeguards and protections for software developers. However, the hearing carried no authority over the Senate process.
Prediction markets reacted to the weaker timeline. Polymarket’s contract for the CLARITY Act becoming law in 2026 traded near 31% during Friday’s session. It later showed 35%, compared with 73% on May 11 and about 47% in early June.
The market requires H.R. 3633 to pass both chambers and receive the president’s signature by December 31, 2026. A Senate vote alone would not settle the contract. Lawmakers would still need to resolve differences between the Senate amendment and the House-approved version.
The CLARITY Act would create a federal framework for digital commodities and define oversight roles for the Securities and Exchange Commission and Commodity Futures Trading Commission. Its rules could affect token issuers, exchanges, brokers, custodians, and non-custodial developers.
The delayed draft leaves compliance teams without final language on registration, disclosures, custody, developer liability, and ethics restrictions. Those details will determine whether Democrats rejoin the coalition that moved the legislation through committee in May.
The post CLARITY Act Approval Odds Hit Low as Senate Text Faces Delay appeared first on Blockonomi.

Points clés
TSMC a livré des résultats exceptionnels propulsés par l’IA, mais les actions ont reculé alors que des attentes d’investisseurs très élevées n’ont pas été comblées
La baisse du secteur des semi-conducteurs s’est étendue à Nvidia, AMD, Broadcom, ASML, Micron et Arm Holdings
Les actions de Netflix ont chuté après des prévisions à venir décevantes pour le trimestre suivant
L’action SpaceX a poursuivi sa baisse en repassant sous le niveau de son introduction en bourse, au milieu de reports de lancement et d’inquiétudes liées à la période de blocage
Le pétrole brut a bondi au-delà de 81 dollars le baril, ravivant les craintes d’inflation sur l’ensemble des marchés financiers
La performance exceptionnelle de TSMC retombe à plat avec les investisseurs

Points clés
Les actions de la SPCX ont chuté d’environ 4,8 % vendredi, tombant sous 125 $ — et se négocient désormais en dessous de son prix d’introduction en bourse initial
Le 13e vol d’essai de Starship a été annulé après que deux moteurs Raptor ont connu des pannes d’allumage
Elon Musk a annoncé que des remplacements de moteurs sont prévus, avec un lancement reprogrammé attendu dans les prochains jours
La capitalisation boursière a diminué de plus de 1 000 milliards de dollars par rapport à son plus haut de juin, à 2,64 billions de dollars
Des experts de l’industrie soulignent l’importance d’un vol 13 réussi avant le premier rapport sur les résultats de SpaceX en août

Key Takeaways
Tesla’s Q2 2026 earnings announcement scheduled for Wednesday, July 22, following market closure
Options market indicates potential volatility of approximately 7% post-earnings
Wall Street consensus projects Q2 revenue at ~$26.54B (18% year-over-year growth) with EPS of $0.55
Morgan Stanley increased price target to $417, emphasizing long-term AI initiatives over quarterly metrics
TSLA shares have declined over 13% year-to-date, maintaining a consensus Hold with average price target near $405–$408
As Tesla approaches Wednesday’s quarterly earnings announcement, the electric vehicle manufacturer faces heightened uncertainty — and market volatility indicators reflect it.
Options traders are forecasting potential price movement of approximately 7% in either direction by week’s end following the Q2 disclosure. This positions the stock in a potential range from roughly $365 on the lower end to $416 on the upper end based on Thursday’s closing price. Year-to-date, TSLA shares have shed more than 13%.
With shares hovering around the $380 mark, these projected movements represent significant value shifts that market participants are monitoring intently.
Analyst consensus calls for Q2 revenue approaching $26.54 billion, representing an 18% increase compared to the prior-year period. Adjusted earnings per share are anticipated at $0.55, reflecting a 15-cent improvement over last year’s corresponding quarter. Alternative projections from TipRanks suggest EPS of $0.52 on revenue of $25.99 billion.
Earlier in July, Tesla exceeded delivery projections, signaling momentum improvement during the initial half of 2026 following two consecutive years of sales declines. This performance provides encouraging context ahead of the earnings release.
However, the quarterly figures themselves aren’t generating the primary discussion.
The Real Focus for Investors
Morgan Stanley upgraded its Tesla price objective to $417 from $415 recently. Their analysts characterized Q2 performance as potentially strong, yet emphasized that the “key investor debate remains unchanged: can Robotaxi and Optimus progress quickly enough to justify an accelerating AI investment cycle?”
Put simply, the quarterly performance may be secondary. Developments regarding Tesla’s self-driving vehicle initiatives and its Optimus humanoid robot platform are anticipated to influence market response more significantly than traditional financial metrics.
Tesla has been strategically rebranding itself as an artificial intelligence and robotics enterprise rather than exclusively an electric vehicle manufacturer. Any substantive advancement — or absence thereof — on these strategic fronts will probably establish market sentiment trajectory through the remainder of 2026.
Ownership Structure
Regarding ownership composition, Elon Musk maintains the dominant individual position at 29.91%. Vanguard represents the next significant holder with 5.97%. Public corporations and retail investors together control 33.42% of TSLA, establishing retail sentiment as a meaningful element in stock movement surrounding major announcements.
Exchange-traded fund holdings are substantial as well — the Vanguard Total Stock Market ETF maintains 2.38% exposure while the Vanguard S&P 500 ETF holds 1.95%.
Wall Street opinion remains divided. TipRanks data reveals 10 Buy ratings, 16 Hold ratings, and 3 Sell ratings issued over the past three months. The mean price target stands at $405.42, suggesting approximately 6.75% appreciation potential from present levels.
Visible Alpha monitors 11 analysts — six neutral, four buy recommendations, one sell — with price targets spanning from $130 to $600.
That substantial $470 spread between the floor and ceiling price targets underscores just how polarizing this equity remains among professional analysts.
Tesla is scheduled to publish its Q2 2026 financial results on Wednesday, July 22, following the market close.
The post Tesla (TSLA) Earnings Preview: 7% Swing Expected as Wall Street Eyes Robotaxi Updates appeared first on Blockonomi.

Key Highlights
Q1 2026 revenues reached $193.4M, representing a 94% increase year-over-year
Major multiyear agreement with OpenAI valued above $20B includes deployment of 750MW inference infrastructure
Strategic AWS collaboration expands Cerebras inference access to Amazon cloud users
2026 core revenue projections stand at $855M–$865M, indicating approximately 69% annual expansion
Gross profit margins between 38%–41% remain below Nvidia’s mid-70% range, with ongoing operational losses
When Cerebras Systems debuted on public markets, it captured significant attention as a high-profile AI semiconductor offering. Following an initial surge, shares have retreated, leaving market participants to debate whether the current valuation presents an attractive entry point or signals deeper concerns.
Let’s examine what the financial data reveals.
For the first quarter of fiscal 2026, Cerebras delivered $193.4 million in total revenue, marking a substantial 94% expansion compared to the prior-year quarter. Equipment sales climbed 59% to reach $110.6 million, while cloud-based and service offerings demonstrated even more impressive momentum, surging 178% to $82.8 million.
The accelerating cloud segment deserves attention. Subscription-based compute revenue offers better economics than traditional hardware transactions, and its rapid expansion indicates customers are increasingly committed to the platform ecosystem.
For the complete fiscal year, leadership projects core revenues landing between $855 million and $865 million, translating to roughly 69% growth at the midpoint. This represents robust expansion for a newly public enterprise navigating competitive AI infrastructure markets.
Strategic Partnership with OpenAI
The most significant development centers on a long-term arrangement with OpenAI exceeding $20 billion in value. This collaboration calls for OpenAI to implement 750 megawatts of Cerebras-powered inference infrastructure across multiple years.
This represents substantial validation from an industry-leading artificial intelligence organization.
Additionally, Cerebras has formed an alliance with Amazon to deliver its inference capabilities via AWS infrastructure. This strategic distribution approach provides access to countless startups and established companies without requiring individual customer acquisition efforts.
The counterbalance to these achievements involves customer concentration risk. Much of the company’s immediate trajectory hinges on a limited number of major clients executing extremely large-scale commitments.
Profitability Challenges Persist
Cerebras continues operating in the red. The organization reported a $14 million GAAP net loss during Q1 2026 and anticipates adjusted operating margins ranging from negative 28% to negative 32% across the full year.
Projected adjusted gross margins fall between 38%–41% for 2026. This trails significantly behind Nvidia’s mid-70% margins and AMD’s mid-50% performance. Wafer-scale processor technology presents substantial manufacturing complexity, while establishing data center capacity requires considerable capital investment.
The company secured billions through its public offering and subsequent funding rounds, providing sufficient resources for near-term execution. However, stakeholders should anticipate continued losses throughout the scaling phase.
Analyst sentiment leans cautiously positive. MarketBeat data reflects a Moderate Buy consensus among 12 analysts, comprising one Strong Buy recommendation, nine Buy ratings, and two Hold positions. The mean 12-month price objective stands at $299.30, with individual targets spanning from $273 to $340.
Given the company’s recent public debut, analyst projections will likely evolve as additional quarterly reports become available.
The latest financial update shows Q1 2026 revenue of $193.4 million exceeding expectations, with management reaffirming full-year guidance of $855M–$865M.
The post Is Cerebras Systems (CBRS) Stock a Buy Following Its IPO Pullback? appeared first on Blockonomi.

Key Highlights
Apple reclaimed the title of world’s most valuable company on Friday, reaching a market capitalization of approximately $4.88 trillion compared to Nvidia’s $4.86 trillion
Nvidia’s shares declined roughly 3.5% to approximately $203.75, concluding a 265-day reign as the highest-valued company
Semiconductor stocks have suffered significant losses, with the PHLX Semiconductor Index plunging 22% in the last month while Nvidia decreased 3.4%
Apple’s stock performance has exceeded the “Magnificent 7” cohort this year, driven by evolving investor perspectives on its artificial intelligence approach
Chinese company Moonshot AI announced its Kimi K3 model surpasses certain American AI systems, though hardware specifications remain undisclosed
For the first time since April 2025, Apple reclaimed its position as the globe’s most valuable publicly traded company on Friday, surpassing Nvidia. The iPhone manufacturer’s market capitalization reached approximately $4.88 trillion, narrowly exceeding Nvidia’s $4.86 trillion following a roughly 3.5% decline in the chip giant’s stock price to $203.75 during early trading hours.
This development brings to a close Nvidia’s 265-trading-day tenure at the summit of market capitalization rankings, which began on June 26, 2025, when it displaced Microsoft from the top position.
Despite the recent downturn, Wall Street analysts maintain an average price projection of approximately $314 for Nvidia stock, substantially higher than current trading levels. The semiconductor company was recently highlighted by Barron’s as a favorable investment when trading near $226.
JUST IN: Apple overtakes Nvidia as world's most valuable company pic.twitter.com/oOLMdOZXkX
— Hedgeye (@Hedgeye) July 17, 2026
The semiconductor sector has experienced widespread turbulence. The PHLX Semiconductor Index registered a 2.2% drop on Friday and has plummeted 22% throughout the previous month. Within this context, Nvidia’s 3.4% month-over-month decline appears comparatively moderate.
Apple’s ascension signals an evolving investor perspective on artificial intelligence. Previously, markets favored companies making substantial investments in AI infrastructure—with Nvidia emerging as the primary beneficiary. Currently, investors are gravitating toward firms positioned to leverage AI advantages without equivalent capital expenditure exposure.
The Transformation in Apple’s Market Perception
“Apple was initially perceived as trailing in the AI competition due to its limited model development spending, but investor sentiment has undergone a reversal,” explained Toni Meadows, head of investment at BRI Wealth Management. “Apple faces reduced capital expenditure pressure and enjoys superior positioning to capitalize on AI through its services division, ecosystem retention, and device refresh cycles.”
Last month, Apple introduced a substantially revised Siri platform following extended delays, framing the enhanced virtual assistant as its competitive response in the AI landscape. Industry analysts suggest Apple possesses an underutilized competitive edge through proprietary user data residing on hundreds of millions of iPhones—information that could dramatically enhance Siri’s capabilities if Apple successfully leverages it while honoring privacy principles.
Additionally, CEO Tim Cook is scheduled to transfer leadership responsibilities to hardware specialist John Ternus this September, introducing an executive succession element into the equation.
Nvidia’s Future Trajectory
Nvidia remains firmly in contention. Its processors continue powering the overwhelming majority of generative AI infrastructure, and the company could recapture the leading position if investor confidence in AI expenditures rebounds.
The forthcoming earnings reporting period will prove critical. Major technology corporations must demonstrate sustained or increased AI hardware investment—and preferably validate that Nvidia’s next-generation Vera Rubin processors are shipping at scale.
An additional consideration: China’s Moonshot AI announced Friday that its Kimi K3 model delivers superior performance versus certain American AI platforms. The company declined to specify training hardware. Should alternative chipsets prove responsible—potentially Huawei technology—this could challenge prevailing assumptions about Nvidia’s AI training supremacy.
Meanwhile, memory semiconductor manufacturers including Micron have experienced appreciation this year, with Micron surpassing $1 trillion market capitalization in May. South Korea’s SK Hynix commenced Nasdaq trading earlier this month, expanding available AI-focused semiconductor investment opportunities.
As of Friday’s close, Apple occupies the premier position—though the landscape remains dynamic.
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Key Takeaways
Alphabet shares retreated approximately 4% following news that Gemini 3.5 Pro’s launch was postponed after underwhelming internal performance metrics
First quarter FY2026 earnings per share reached $5.11 versus analyst expectations of $2.63 — exceeding forecasts by 94% — while revenues climbed 21.8% to $109.90B
Wedbush launched coverage with an industry-leading $671 price objective, characterizing the decline as a strategic entry point
BMO Capital analyst Brian Pitz upgraded his price objective to $455 from $435, maintaining his Buy recommendation
Among 64 Wall Street analysts tracking GOOGL, 57 recommend Buy or Strong Buy, with no Sell ratings issued
Alphabet (GOOGL) shares finished Friday’s session at $354.46, retreating approximately 4.44% from the opening price near $373. The catalyst: emerging reports indicating Google’s Gemini 3.5 Pro artificial intelligence model experienced delays after underperforming against internal quality standards.
The downturn occurred despite Alphabet delivering one of its most impressive quarterly performances in recent memory. First quarter FY2026 earnings per share registered at $5.11, nearly doubling the Wall Street consensus of $2.63 — representing a remarkable 94% earnings surprise. Total revenue reached $109.90 billion, marking a 21.8% year-over-year increase.
Google Cloud emerged as the quarter’s star performer, surging 63% to $20.03 billion while its project backlog nearly doubled sequentially. The current backlog now totals $460 billion.
Concerns around AI talent retention amplified selling pressure. Gemini co-leader Noam Shazeer recently moved back to OpenAI after a short stint at Google following the Character.ai transaction. Nobel Prize winner John Jumper also left DeepMind to join Anthropic. These high-profile departures sparked worries about Google’s competitive position in artificial intelligence development.
Despite market reaction, Wall Street analysts maintained their confidence.
Wedbush Issues Most Aggressive Street Target
Wedbush analyst Ygal Arounian launched coverage Thursday with a Buy recommendation and a $671 price objective — marking the highest target among major firms. Arounian characterized the postponement as a “temporary blip” and positioned the market reaction as an attractive buying opportunity.
Reaching $671 would translate to nearly 90% appreciation from present trading levels.
BMO Capital’s top-rated analyst Brian Pitz maintained his conviction as well. He kept his Buy stance while increasing his price objective to $455 from $435, referencing upgraded Google Cloud projections for Q4 and full-year FY2027, up 2% and 13% respectively. Pitz highlighted expanding infrastructure capacity and sustained cloud adoption as drivers behind his revised outlook.
The average analyst price target stands at $437.79, suggesting approximately 26% upside potential from Friday’s closing level. One optimistic forecast of $515 indicates possible gains of 45%.
Market-Wide Tech Sector Pressure and Berkshire’s Entry
Friday’s weakness extended beyond Alphabet alone. Technology stocks broadly retreated, with AI-focused companies experiencing the sharpest declines. META decreased 3.19%, MSFT fell 2.14%, and NVDA declined 1.17%. GOOGL’s more pronounced drop suggests the Gemini news provided additional downward momentum.
Warren Buffett, now operating alongside successor Greg Abel, disclosed that Berkshire Hathaway established an Alphabet position via a $10 billion private placement. Buffett identified artificial intelligence infrastructure spending as a primary risk factor — Alphabet’s capital expenditures reduced free cash flow by 46.63% year-over-year in Q1.
Friday’s trading volume registered 10.79 million shares, significantly below the three-month daily average of 34.05 million.
Despite the session’s decline, GOOGL maintains an 11.11% gain year-to-date and has appreciated 91.54% over the trailing twelve months.
Among 64 analysts covering the stock: 14 rate Strong Buy, 43 rate Buy, 7 rate Hold, with zero Sell recommendations.
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Key Highlights
LASE stock plummets 21.43% following $2.5M capital raise via warrant exercise.
Company obtains $2.5 million to bolster working capital and operational funding.
Issuance of new Series A-7 and A-8 warrants creates additional financing flexibility.
Transaction scheduled to finalize on July 20, 2026.
Laser Photonics maintains focus on industrial and defense laser technology sectors.
Shares of Laser Photonics Corporation (LASE) experienced a significant downturn, declining 21.43% to close at $0.9114 following intense selling pressure throughout the trading day. The stock showed minimal recovery and finished near its session lows. This sharp decline followed the company’s disclosure of warrant exercise agreements projected to generate roughly $2.5 million in gross capital.
Laser Photonics Corporation, LASE
Company secures immediate capital through warrant conversion
Laser Photonics finalized binding agreements for the prompt exercise of existing warrants representing 2,528,572 shares of common stock. These warrants were initially distributed in April 2026 with a strike price of $0.975 per share. The transaction is projected to yield approximately $2.5 million in gross capital, prior to deducting placement fees and transaction costs.
The shares being distributed through these exercised warrants are already registered via an active Form S-1 registration statement. H.C. Wainwright & Co. acts as the sole placement agent for this capital raise. The deal is anticipated to reach completion on July 20, 2026, pending standard closing requirements.
The company intends to allocate the net funds toward working capital requirements and general operational needs. Consequently, this infusion strengthens the company’s financial position and provides enhanced liquidity. The financing disclosure coincided with substantial downward pressure on the company’s stock price during trading.
Additional warrant issuance creates future funding pathways
The company plans to distribute new unregistered Series A-7 warrants for up to 800,000 shares of common stock. Additionally, it will issue Series A-8 warrants for up to 4,257,144 shares of common stock. Both warrant categories feature an exercise price of $0.975 per share and become immediately exercisable upon distribution.
The Series A-7 warrants are set to expire five years following the effectiveness of the resale registration statement. Meanwhile, the Series A-8 warrants will expire twenty-four months after that registration becomes effective. This dual-structure approach provides warrant holders with varying timeframes for exercise while maintaining consistent pricing.
These newly issued warrants were distributed via private placement utilizing applicable Securities Act exemptions. The securities have not been registered under the Securities Act of 1933. The company has committed to filing a resale registration statement to cover shares that may be issued upon subsequent warrant exercises.
Core business centered on laser technology for industrial and defense markets
Laser Photonics specializes in developing advanced laser systems designed for industrial and defense purposes across diverse market segments. The company’s technology facilitates cleaning operations, surface treatment, and precise material processing in challenging operational settings. Furthermore, the organization caters to clients in defense, aerospace, energy, maritime, automotive, and advanced manufacturing industries.
The company actively pursues expansion of its technology offerings through research and development, strategic acquisitions, and collaborative partnerships. These initiatives focus on applications demanding enhanced performance, superior operational efficiency, and environmental sustainability. Consequently, Laser Photonics continues to pursue expanded commercial penetration across numerous industrial verticals.
Despite these ongoing business development efforts, the financing disclosure triggered a substantial selloff in the company’s shares. The stock closed at $0.9114 following a 21.43% decline during the session. While the warrant exercise delivers immediate operating capital, it also introduces additional warrant securities that could potentially dilute existing shareholders if exercised in the future.
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Points clés
Les actions de HOOD ont reculé d’environ 5% vendredi, sans nouvelle spécifique à la société venant catalyser la vente
ARK Invest a cédé plus de 7 millions de dollars de participations dans HOOD dans le cadre de deux transactions distinctes
L’indice Nasdaq a reculé de plus de 1%, créant des vents contraires pour les valeurs fintech à bêta élevé
Goldman Sachs a relevé son objectif de cours à 137 $ ; Piper Sandler maintient une recommandation Achat à 135 $
Les résultats du T2 2026 sont prévus pour le 29 juillet, avec des prévisions consensuelles de 0,41 $ de BPA et 1,21 Md$ de revenus
Les actions de Robinhood Markets (HOOD) ont reculé d’environ 5% au cours de la séance de vendredi, pour finir autour de 100,82 $, sans publication de rapport trimestriel ni catalyseur significatif propre à l’entreprise expliquant la baisse.