financeFriday, July 24, 2026
The market's AI spending anxiety came to a head today. Google and Tesla shares plunged after reporting negative free cash flow, wiping nearly $800 billion off tech stocks. Bitcoin, meanwhile, held steady near $65,000, showing rare independence from the AI trade.
The Magnificent Seven had their worst day since 2025 as investors balked at massive AI capex.
Google and Tesla shares plunged on Thursday after both reported negative free cash flow, with investors spooked by pledges to invest billions more in AI. Google fell nearly 7%, Tesla dropped 14.5%.
Bitcoin held near $65,000 while nearly $800 billion was wiped off the Magnificent Seven, showing the largest cryptocurrency decoupling from the AI-driven tech selloff. Ether slipped to $1,879.
The CLARITY Act is in a make-or-break moment in the Senate, with Wall Street and lawmakers divided.
Goldman Sachs CEO David Solomon publicly endorsed the CLARITY Act as the Senate debates a revised crypto market structure bill. The legislative fight is intensifying over stablecoin rewards and regulatory authority.
Senator Ruben Gallego rejected the GOP's proposed ethics language for the CLARITY Act, calling it 'not a serious effort,' threatening to derail the bill before the August recess.
Anthony Scaramucci warned the CLARITY Act faces a 'brutal death' if it doesn't get a Senate vote soon, adding pressure on lawmakers as the clock ticks down.
Elsewhere, a green fund betting on Japan is up 34%, and Vontobel posted record profits.
Vontobel posted a record first-half profit of 216 million Swiss francs, up 87% year-over-year, driven by higher client activity and a lower cost-income ratio.
BNP Paribas's Green Tigers Fund returned 34% year-to-date by betting on Japanese nuclear and grid stocks, positioning Japan as the answer to AI's power crisis.
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Bolt Tenodesis Screw Market Size, Share, Trends, Report 2035www.wiseguyreports.com
Laboratory Infrastructure Market Value & Growth Outlook 2035www.wiseguyreports.com
Convano Announces Decision to Sell Cryptocurrency Assets to Stabilize Financesthird-news.com
Sberbank to close foreign-currency and multicurrency Visa and Mastercard cards starting September 1meduza.io
BitMEX Hit by Class-Action Lawsuit Over Forced BTC Liquidationscryptovka.comAustralia's Q2 CPI lands July 29; the RBA forecasts headline peaking near 4.8% and trimmed mean 3.9% — the scenario map for the Aussie before the Aug 11 rate call.
Rajratan Global Wire Q1 Consolidated Net Profit Rises To ₹230M Vs ₹135M YoYwww.sahi.com
Rajratan Global Wire registered an impressive growth of ≈69.82% YoY in consolidated net profit for Q1, reaching ₹22.96 crore. This performance was underpinned by a ≈29.14% YoY growth in consolidated operations revenue to ₹318.35 crore. Improved cost pass-throughs, strategic state
Q1 Results Today Live: Shriram Finance, TCP, BoB, Hindustan Zinc, ACC, Dalmia, Jindal Steel, Lodha, SBI Life, SBI Cards, CG Power, NTPC, SAIL, KFin Tech, Sapphire Foods, Welspun Corp to announce Q1 resultswww.thehindubusinessline.com
Q1 Results Today, July 24, 2026, Live Updates: Follow businessline for more updates
IISR in pact with Spices Board to boost spice sector startups, export initiativeswww.thehindubusinessline.com
The MoU was formally exchanged between M S Manivannan, Secretary, Spices Board, and Sajesh V K, Senior Scientist and Secretary, Agventure TBI, ICAR-IISR
PTC Industries Receives Development Order For Artillery Gun Parts From Gun Factory Kanpurwww.sahi.com
PTC Industries has secured a development order from Gun Factory Kanpur for two key artillery gun components. The project is slated for completion within a tight 9-month timeline, although the financial details of the order remain undisclosed due to confidentiality and strategic c
Assessing ENA’s short-term price targets after $26.4M wallet move causes a stirbitrss.com
Ethena's $26.4M ENA transfer sparked selling concerns as buyers challenged its key resistance.
Trump Weighs Wider Iranian Attacks With New Truce Still Elusivefinancialpost.com
President Donald Trump said he’s considering a “massive attack” on Iran to push the nation to negotiate a peace deal, raising the prospect of even higher energy prices that have already rattled economies.
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