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Key PointsMany seniors on Social Security were disappointed with this year’s 2.8% cost-of-living adjustment (COLA). And it’s natural to hope for a larger COLA in 2027.But the 2027 COLA may end up disappointing Social Security recipients. Here’s why, and what to do about it.Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same “Total Conviction” signal is flashing for a company 1/100th the size of Nvidia. Continue » Image source: Getty Images. The COLA may be smaller than initially…

The loudest story on Meta ($META) in mid-2026 is that the company is “incinerating capital” — that a $125 billion-to-$145 billion capital-expenditure bill for AI data centres is value destruction dressed up as ambition. That framing is not just bearish; it is probably backwards. Meta Platforms (META) trades at $612.91 as of July 1, 2026, and the variable that will decide its 2026, 2027 and 2030 price is not how much it spends on AI, but whether that spend becomes a revenue line rather than a cost sink. In late June the company began selling AI compute — locking in…

Shopify stock has rebounded in the past few weeks, moving from the year-to-date low of $94.47 to the current $121.63. This rebound may continue, helped by its modest revenue growth and encouraging technicals.Shopify stock jumps after crucial settlementShopify, the operator of the biggest e-commerce software, soared after reaching a settlement with Shopline, a company owned by Joyy, a publicly-traded company. The two companies asked a judge to bar Shopline from distributing its software. In a statement, Shopify said that Shopline had copied its Dawn theme, rebranded it, and sold it against it. Its chief counsel said:”We took them to court and…

Insider Brief A KAIST-led research team used machine learning to develop a 3D-printable elastomer that can stretch to more than six times its original length, with potential applications in soft robotics, wearables and custom medical devices. The researchers used experimental data on material formulations to train a machine-learning model that identified a recipe balancing the flow needed for Digital Light Processing 3D printing with high stretchability and durability. The team demonstrated the material in soft actuators and a robotic hand that lifted a 1-kilogram bottle and grasped objects including eggs, glass bottles, an egg carton and a computer mouse. A…

Tesla (TSLA) reported second-quarter vehicle deliveries that comfortably exceeded Wall Street expectations on Thursday, signaling a significant rebound in demand as the electric-vehicle maker navigates an increasingly competitive global market.The company delivered 480,126 vehicles worldwide during the second quarter, according to a statement released Thursday.The result came in well above analyst expectations. FactSet estimates had pointed to deliveries of approximately 409,000 vehicles, while Tesla’s company-compiled consensus forecast stood at roughly 406,000 units.The stronger-than-expected performance marks a notable recovery for Tesla after a challenging period. Vehicle sales came under pressure from slowing electric-vehicle demand, rising competition, and political controversies surrounding Chief…

Taiko reopened its cross-chain bridge after moving through a four-stage recovery from a June 21 attack that drained roughly $1.7 million, letting users shift funds between its Ethereum layer-2 network and the Ethereum mainnet again and confirming that every bridged asset now holds full one-to-one backing. The reopening followed a week in which Taiko urged users to pull funds from every bridge on the network and paused its systems after confirming that its chain-state verification mechanism had been compromised. The team sealed the attack path, brought in independent security experts to review its fixes, and sequenced the restart so that…

The lazy read on Microsoft (MSFT) in mid-2026 is that it has become a broken AI-capex story: the shares closed at $373.02 on June 30, 2026, well off their old highs, as investors recoiled from a spending bill that hit roughly $37.5 billion in a single quarter (stockanalysis.com; Microsoft FY26 Q2). The overlooked fact is that the same sell-off dragged Microsoft’s forward price-to-earnings ratio down to roughly 22 times — below its own five-year average — even as Azure grew 39% and the company’s artificial-intelligence run-rate reached about $26 billion. Wall Street’s average 12-month price target sits at $561, some…

The USD/ZAR pair was little changed on July 1 as traders reacted to hawkish remarks by South African Reserve Bank (SARB) Governor Lesetja Kganyago, who spoke at the European Central Bank (ECB) forum in Portugal. The pair was trading at 16.40, a few pips below last month’s high of 16.67.SARB may hike interest rates in JulyThe USD/ZAR pair wavered even after Kganyago, the head of South Africa’s central bank, hinted that the bank may decide to hike interest rates later this month. If this happens, it will hike rates to 7.25% and the prime lending rate to 10.75%, the highest level…

US stocks opened lower on Wednesday as investors booked profits in semiconductor stocks following a record-breaking first half of 2026, while renewed US-Iran tensions and expectations of tighter monetary policy also weighed on sentiment.The Dow Jones Industrial Average declined 253 points. The S&P 500 slipped 0.46% while the Nasdaq Composite fell 0.68%.Semiconductor stocks lead declinesChipmakers came under pressure in trading after posting outsized gains during the first six months of the year.Micron Technology dropped 7.6%, although the stock remained up 238% year to date. Sandisk fell 9% after surging more than 650% during the first half of 2026. Nvidia and…

Bitcoin gave back its entire April rally to close Q2 2026 down roughly 11%, and $8.35 billion in wiped-out long positions has left the market thinner but steadier heading into the third quarter, according to a June 30 report from Talos. The pullback came as a Federal Reserve in no hurry to cut rates and a rush into AI stocks drew money away from crypto, weakening its main sources of demand and setting off a round of forced selling that cleared leverage out of the derivatives market. What Drained Crypto’s Demand in Q2 Bitcoin rose to around $82,000 through April…