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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
07/17/2026 07:17 PM CLARITY Act Approval Odds Hit Low as Senate Text Faces Delay
TLDR: The CLARITY Act revised text is now expected next week after a White House meeting failed to resolve the disputed ethics provisions. Polymarket approval odds briefly fell to a record 31% before recovering to 35%, compared with a 73% probability during May. Senate Democrats want stronger conflict-of-interest rules before providing the bipartisan votes needed [...]
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07/17/2026 06:31 PM Market Turbulence: AI Chip Stocks Plunge Despite TSMC’s Record Earnings, Netflix Guidance Disappoints
TSMC's record AI earnings couldn't prevent a chip stock selloff. Netflix disappointed on guidance, SpaceX declined further, and oil surged to $81 per barrel.
The post Market Turbulence: AI Chip Stocks Plunge Despite TSMC’s Record Earnings, Netflix Guidance Disappoints appeared first on Blockonomi.
07/17/2026 06:05 PM SpaceX (SPCX) Stock Plunges Below IPO Price After Starship Engine Failure
SpaceX (SPCX) stock tumbled 4.8% Friday, falling below its IPO price after Raptor engine failures scrubbed the Starship Flight 13 test launch attempt.
The post SpaceX (SPCX) Stock Plunges Below IPO Price After Starship Engine Failure appeared first on Blockonomi.
07/17/2026 05:57 PM Tesla (TSLA) Earnings Preview: 7% Swing Expected as Wall Street Eyes Robotaxi Updates
Tesla (TSLA) reports Q2 earnings July 22. Options suggest 7% swing. Analysts forecast $26.54B revenue as focus turns to AI and robotics projects.
The post Tesla (TSLA) Earnings Preview: 7% Swing Expected as Wall Street Eyes Robotaxi Updates appeared first on Blockonomi.
07/17/2026 05:56 PM Is Cerebras Systems (CBRS) Stock a Buy Following Its IPO Pullback?
Cerebras Systems (CBRS) stock analysis: Q1 revenue jumped 94% to $193M. Can a $20B OpenAI deal and AWS partnership justify the valuation?
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07/17/2026 05:49 PM Apple (AAPL) Reclaims Crown as World’s Most Valuable Company, Surpassing Nvidia (NVDA)
Apple (AAPL) overtakes Nvidia (NVDA) as world's most valuable company at $4.88T market cap amid semiconductor sector downturn and AI strategy shifts.
The post Apple (AAPL) Reclaims Crown as World’s Most Valuable Company, Surpassing Nvidia (NVDA) appeared first on Blockonomi.
07/17/2026 05:48 PM Alphabet (GOOGL) Stock Slides 4% Following Gemini AI Setback Despite Record Earnings Beat
Alphabet (GOOGL) fell 4% on Gemini 3.5 Pro delay reports. Wedbush sets $671 target while Q1 EPS beat estimates by 94%. Analysts remain overwhelmingly bullish.
The post Alphabet (GOOGL) Stock Slides 4% Following Gemini AI Setback Despite Record Earnings Beat appeared first on Blockonomi.
07/17/2026 05:02 PM Laser Photonics Corporation (LASE) Stock Tumbles 21% Following $2.5M Warrant Exercise Deal
Laser Photonics (LASE) stock plummeted 21.43% following a $2.5M warrant exercise agreement designed to strengthen working capital and operations.
The post Laser Photonics Corporation (LASE) Stock Tumbles 21% Following $2.5M Warrant Exercise Deal appeared first on Blockonomi.
07/17/2026 04:58 PM Robinhood (HOOD) Stock Slides 5% Amid ARK Invest Selloff and Nasdaq Decline
Robinhood (HOOD) stock slid 5% Friday as ARK Invest sold $7M+ in shares and the Nasdaq fell over 1%. Q2 earnings expected July 29 with bullish targets intact.
The post Robinhood (HOOD) Stock Slides 5% Amid ARK Invest Selloff and Nasdaq Decline appeared first on Blockonomi.
07/17/2026 04:51 PM Synopsys (SNPS) Plunges Nearly 12% Amid Broader Chip Stock Selloff
Synopsys (SNPS) stock dropped 11.7% Friday amid a tech selloff. The chip design company plans to exit legacy software as shares hit oversold territory.
The post Synopsys (SNPS) Plunges Nearly 12% Amid Broader Chip Stock Selloff appeared first on Blockonomi.
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