Mary Ann Bartels, Chief Investment Strategist at Sanctuary Wealth, joins Patricia Wu to discuss the bullish outlook for the S&P 500, which she predicts could hit 7,000 by the end of the year. Marianne highlights several key factors driving this optimism, including a growing economy with corporate earnings exceeding expectations during the current earnings season.
Market Milestones: Record Highs and the AI Revolution
Peter Tuchman, Senior Floor Trader at TradeMas, joins Patricia Wu at the New York Stock Exchange to discuss the current state of the markets, which continue to reach record highs, particularly with the Nasdaq and S&P 500.
Peter highlights the ongoing AI revolution, with substantial capital flowing into this sector, particularly benefiting companies like NVIDIA. Despite gold prices rising above $3,400, we note the unusual scenario of both gold and stock markets performing well simultaneously, as investors seek security in various assets.
Ethereum ETFs Surge: A New Era for Altcoins?
Gareth Jenkinson, Managing Editor of Cointelegraph, joins Patricia Wu to discuss the current state of the cryptocurrency market, particularly focusing on Ethereum and the regulatory landscape in Washington, D.C.
Ethereum ETFs have seen an impressive $2.4 billion in inflows over the past six days, surpassing Bitcoin ETFs. Gareth highlights the growing interest from institutional players, including Tom Lee’s Fundstrat and Sharplink, who are making significant moves into Ethereum, signaling a shift in market sentiment.
Understanding Credit: Insights from Lockbox’s Latest Report
Polly Jean Harrison, Features Editor of the Fintech Times, joins Patricia Wu to discuss some significant developments in the lending industry and financial inclusivity in Europe and the Middle East.
The pair kick off the discussion with insights from a new report by Lockbox, which highlights concerning gaps in financial literacy among UK adults. Despite the average credit score being 644, a third of adults struggle to understand basic borrowing terms. The report reveals that many are turning to high-interest lending options, such as buy now pay later schemes, without fully grasping the implications.
Strategy stock offering, Open banking, BlackRock Ethereum, Google cloud
Strategy raises preferred stock offering to $2 billion. Crypto and fintech groups are urging Trump to defend open banking rules. BlackRock’s Ethereum ETF becomes 3rd-fastest to hit $10 Billion in assets and Google lands $1.2 billion cloud contract from ServiceNow. Jane King has the latest from the NYSE.
Earnings Season Insights: Google and Tesla’s Mixed Results Amid Trade Deal Developments
Evelio Silvera, Co-Founder at Bull Street Media, joins Remy Blaire to discuss the current state of the stock market, which is experiencing mixed trading, particularly with the Dow facing a significant decline. A key factor influencing this is IBM’s recent earnings report, which saw a 9.5% pullback. As we enter earnings season, the pair discuss the results from major players like Google and Tesla. Google reported strong earnings driven by robust search ad revenue, while Tesla’s results were mixed, reflecting a decline in vehicle sales.
Staking and Strategy: UPEXI’s Approach to Maximizing Returns in the Crypto Space
Brian Rudick, Chief Strategy Officer at UPEXI, joins Remy Blaire at the New York Stock Exchange to discuss the UPEXI recently purchasing 100,000 Sol tokens for $17.7 million, bringing their total holdings to 1.8 million tokens, making them the largest Solana treasury holder among public companies. Brian explains the growing trend of digital asset treasury companies, highlighting the success of MicroStrategy’s Bitcoin strategy and the more favorable regulatory environment in the U.S. that encourages companies to diversify their portfolios with digital assets.
Golf’s Big Comeback: Happy Gilmore II and Scottie Scheffler’s Triumph
Rick Horrow, CEO of Horrow Sports Ventures, joins Remy Blaire to discuss the exciting world of sports, starting with the much-anticipated return of “Happy Gilmore” to the big screen, set to release on Netflix. We also discuss the current state of golf, highlighting Scottie Scheffler’s impressive victory at the Open Championship and the upcoming Masters tournament.
Navigating the Crypto Landscape: Insights on Altcoins and Market Trends
Andy Baehr, Head of Product & Research at Coindesk Indices, the current state of the cryptocurrency markets, particularly focusing on the recent price action in July that has sparked discussions about a potential altcoin season. However, recent developments, including a notable double-digit drop in XRP and an 8% decline in Solana, have tempered those expectations.
The GENIUS Act: A New Era for Crypto Regulation
Thomas Cowan, Head of Tokenization at Galaxy, joins Remy Blaire at the New York Stock Exchange to discuss the significant milestone for the cryptocurrency industry with the signing of the GENIUS Act by President Trump, marking the first federal law regulating digital assets. This new legislation establishes a legal framework for stable coins, which are digital tokens backed by the U.S. dollar or short-term treasuries.