
Dow Jones Forecast: Weak Jobs Report Supports Dow Near 55,000
Weak jobs data reduced Fed rate-hike expectations, while tariff risks and overbought conditions near 55,000 may keep the Dow Jones volatile.
Latest financial and economic news and analysis

Weak jobs data reduced Fed rate-hike expectations, while tariff risks and overbought conditions near 55,000 may keep the Dow Jones volatile.

A severe security vulnerability in BTCPay Server was actively exploited Friday evening, resulting in the theft of Bitcoin from Lightning Network nodes and prompting emergency warnings for users to either apply critical updates or take their systems offline.

Trump Media and Technology Group has terminated two significant agreements with cryptocurrency platform Crypto.com, abandoning both a CRO token treasury initiative and plans for prediction markets on Truth Social.

The cybersecurity division at Microsoft Threat Intelligence has uncovered an attack operation exploiting the BNB Smart Chain infrastructure for malicious code storage and distribution. Threat actors infiltrate authentic websites, embedding JavaScript code that establishes connections with blockchain-hosted smart contracts.

Bitcoin surged to its August peak on Friday following disappointing US employment statistics that altered market expectations regarding Federal Reserve monetary policy decisions.

The Unemployment Rate actually dipped a tick to 4.1% and hasn't been lower since January 2025. US manufacturing activity expanded in July at the fastest pace in more than four years as demand remained strong, production surged and firms added workers.

bitcoin developers have used AI tools to find almost 5,000 security vulnerabilities across almost 400 projects in just 24 hours

Arm Holdings is rated a Strong Buy, positioned to capitalize on the surging AI and AGI CPU market. ARM's AGI CPU demand has doubled QoQ, with secured capacity for over $2 billion in orders and major partners like Meta and Oracle. Management targets $25 billion in revenue by FY31, but I expect ARM could capture 15-20% AGI CPU share, implying $33–44 billion in revenue potential.

Kao Corporation (KAOOY) Q2 2026 Earnings Call Prepared Remarks Transcript

The EU's tech chief called on Meta and TikTok to "act decisively" to stem disinformation at times of crisis, saying the European Commission held talks with both platforms Friday following last week's Ceuta migrant surge.

The crypto markets are heading to close the weekly trade on a bullish note, with the Bitcoin price reclaiming $65,000 while Ethereum approaches $2,000. Interestingly, the traditional markets and the traditional asset, gold, are also posting strong weekly gains.

FIGS NYSE: FIGS reported second-quarter fiscal 2026 revenue growth of 29% as demand increased across scrub wear, non-scrub apparel, international markets, institutional sales and retail community hubs. The healthcare apparel company also raised its full-year revenue and profitability outlook, despite a new restriction affecting imports from a manufacturing partner in Jordan.

Fluor NYSE: FLR reported second-quarter revenue of $4.3 billion, up 9% from a year earlier, as strong project execution helped lift adjusted EBITDA to $149 million from $96 million in the prior-year period. Adjusted earnings per share rose to $0.91 from $0.43.

Flutter Entertainment NYSE: FLUT reported second-quarter revenue growth of 3% as strong customer engagement around the FIFA World Cup and acquisitions helped offset customer-friendly U.S. sports results and higher taxes in the United Kingdom.

Fidelity National Financial NYSE: FNF reported higher second-quarter earnings as strength in its Title segment, including commercial activity and improved margins, offset a still-muted residential housing transaction environment.