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Block shares soar 10% on entry into S&P 500
CNBC· 2025-07-18 21:31
Group 1 - Block shares increased by over 10% in extended trading as the fintech company prepares to join the S&P 500, replacing Hess [1] - The addition of Block to the S&P 500 is part of a series of changes, including The Trade Desk replacing Ansys [2][3] - Block's inclusion reflects the growing tech presence in the S&P 500, highlighting the market cap gains of tech companies [4] Group 2 - Block, formerly known as Square, has diversified into crypto, lending, and other financial services since its founding in 2009 [4] - Despite a 14% decline in shares this year, Block maintains a market cap of approximately $45 billion, significantly above the median company in the S&P 500 [5]
X @BNB Chain
BNB Chain· 2025-07-18 21:00
A week in numbers for BNB Chain:🔸 4M+ average DAU🔸 115.9M+ transactions🔸 $10.9B+ in TVL🔸 $45.2B+ in trading volumeBNB Chain next-gen architecture, tokenized equities via Ondo, BEP-593 & BEP-594, #MYBW2025 and more.Catch the full update 👇https://t.co/lmDqjo3h1Z https://t.co/ZU5Kup6knE ...
X @Solana
Solana· 2025-07-18 20:36
RT Lily Liu (@calilyliu)The GENIUS Act reasserts American leadership over financial innovation.The US led the development of the Internet as an open set of standards that today is used by 5.5B people.We have the opportunity to do the same with blockchain, and digitally native finance.Excited to contribute to it. ...
X @Chainlink
Chainlink· 2025-07-18 19:31
Moments ago at the White House (@WhiteHouse), Chainlink’s @SergeyNazarov joined senior government and digital asset leaders as U.S. President Donald Trump (@realDonaldTrump) signed the GENIUS Act into law.From representing the blockchain industry at key public and private government events to shaping crypto policy through countless meetings across the Senate, House, and regulators including the SEC, Chainlink is actively immersed in U.S. digital asset policy.Next step: Power hundreds of trillions in regulat ...
X @Token Terminal 📊
Token Terminal 📊· 2025-07-18 18:48
RT Token Terminal 📊 (@tokenterminal)🏦⛓️ Wall Street is building on @ethereumThe value of tokenized RWAs on Ethereum is up by ~20x since January '24The growth has been fueled by the world's biggest asset managers deciding to bring their fund products onchain https://t.co/aGTstz59P4 ...
Deputy treasury secretary: Stablecoin's legislative clarity will strengthen 'U.S. global dominance'
CNBC Television· 2025-07-18 17:45
Regulatory Clarity & Modernization - The U S aims to provide regulatory and legislative clarity for stablecoins to modernize the payment system [1] - This clarity is expected to further cement the dollar as the world's reserve currency by facilitating international trade through blockchain technology [1] - Providing clear rules will enable the U S to work with global partners to establish its stablecoin system as the dominant means of international electronic commerce [3] Innovation & Competition - If the U S does not provide clarity, innovation in the stablecoin space may move abroad [2] - The U S aims to prevent other countries from taking the lead in international standard setting, particularly in the realm of electronic commerce [3]
X @Starknet 🐺🐱
Starknet 🐺🐱· 2025-07-18 17:02
@GrugsLair @ohayo_dojo study the Blob Arena playbookCartridge (@cartridge_gg):500 medieval MMA fans played a blockchain game last month.None of them knew it was blockchain.That's exactly why it worked. 🧵 https://t.co/hr1IgMq62t ...
Dow Falls Over 200 Points; 3M Earnings Top Views
Benzinga· 2025-07-18 17:01
Company Performance - 3M Company reported second-quarter 2025 results with GAAP sales of $6.3 billion, reflecting a year-over-year increase of 1.4% and adjusted sales of $6.2 billion, which beat the consensus estimate of $6.09 billion [2] - Adjusted earnings per share rose 12% year over year to $2.16, surpassing the Street estimate of $2.01 [2] Future Guidance - 3M raised its 2025 Adjusted EPS guidance to a range of $7.75-$8.00 from a prior range of $7.60-$7.90, compared to the consensus of $7.68 [3] - The company expects 2025 adjusted sales organic growth of approximately 2%, with operating cash flow projected between $5.1 billion and $5.5 billion, indicating over 100% free cash flow conversion [3] Stock Movements - Telomir Pharmaceuticals, Inc. saw its shares increase by 81% to $2.19 following the announcement of gene silencing data [8] - MEI Pharma, Inc. shares surged 33% to $5.99 after announcing a $100 million private placement [8] - Blaize Holdings, Inc. shares rose 45% to $4.39 after a $120 million agreement for deploying its hybrid AI platform [8] - LQR House Inc. shares dropped 65% to $2.29 due to plans to integrate cryptocurrency and blockchain technology [8] - Northern Dynasty Minerals Ltd. shares fell 48% to $0.8398 after insider trading disclosures [8] - Draganfly Inc. shares decreased by 23% to $5.55 following a $25 million registered direct offering [8]