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Why the USO oil ETF is a better buy than crude futures as the Iran war rages
The United States Oil Fund has climbed by 58% since the start of the Iran war, more than double the gain of WTI crude futures. Source：MarketWatch
Chipotle lifts its sales forecast even as a lettuce-linked outbreak slows foot traffic
Mexican fastcasual chain acknowledged ‘softening’ traffic in the second half of July, but it’s taking a rosier view of its fullyear prospects.…
Stocks and bonds see wild ‘Fed Day’ swings as Wall Street’s ‘crash cushion’ evaporates
Major equity indexes put in their worst “Fed Day” performance since December 2024, while the yield on the 30year bond shot higher. Source：MarketWatch
Robinhood posts record quarter, but crypto revenue slides 38%
The online brokerage continued expanding its digital asset business with Robinhood Chain, tokenized stocks and decentralized lending even as cryptocurrency…
Binance.US to attempt prediction markets entry as CFTC-licensed entity, says CEO
The CEO of the US crypto exchange said that the company would apply for a license with the CFTC in August allowing it to offer prediction markets.…
Bond market is calling Warsh’s bluff on inflation fight as yields surge
The yield on the 30year Treasury bond touched its highest level since 2007 during Warsh’s press conference. Source：MarketWatch
Rising Part D premiums could drive more people into Medicare Advantage plans
Medicare Advantage plans could be the winners of a decision by the Trump administration to put an early end to a program that kept the cost of Medicare…
Starbucks is becoming cool again. Here’s how it pulled off its turnaround.
Trendier products, faster service and more food options boost Starbucks’ earnings. Source：MarketWatch
Qualcomm’s stock falls as memory woes weigh on earnings
The chip company came up short on its bottom line. Source：MarketWatch
‘Love Island USA’ winners are spending their $100,000 prize money in a very relatable way
Trinity Tatum and Bryce Alakai aren’t spending their realityTV winnings on shopping sprees just yet. Source：MarketWatch
Robinhood puts up record revenue as volatility drives a trading bonanza
Predictionmarket revenues on the popular trading app increased tenfold during the second quarter. Source：MarketWatch