American Airlines (AAL) is set to release second-quarter earnings before the market opens Thursday, with revenue expected at $16.7 billion, up 16% year over year. Consensus calls for earnings of about $0.01 per share as Brent crude at $94 is seen driving a sharp jump in fuel costs and squeezing margins. The article says United Airlines has offset about half of its fuel-cost pressure and raised its full-year outlook, putting focus on whether American can show similar confidence at current oil prices.

McDonald’s shares fell to a 52-week low of $263.65 around July 21, down 23% from the March high. The company is scheduled to report Q2 2026 results on Aug. 4, with the market broadly expecting U.S. same-store sales to drop 2% and foot traffic to fall 4.6% year over year. The median analyst target price stands at $329.30, while the stock trades at a forward P/E of 20.44, its lowest since 2018. The piece does not cite specific pre-earnings catalysts and instead suggests waiting for the earnings release.

Ripple Senior Vice President Jack McDonald said the company is working with Mastercard, JPMorgan, OKX and Ondo Finance to build financial infrastructure spanning traditional and digital assets. He said the effort is tied to Ripple’s institutional strategy and is aimed at supporting real-world adoption of its RLUSD stablecoin and XRP in areas such as cross-border payments and settlement. No timeline, technical integration details, or funding figures were disclosed.

A Wall Street-backed institution has launched a new cryptocurrency index that includes Ether (ETH), Solana (SOL) and the HYPE token, but does not include Bitcoin (BTC). The index is positioned as a market-tracking tool rather than an ETF or investable product, and it does not involve spot listings, asset custody or direct capital allocation. HYPE is the only mid-to-small-cap token mentioned as a constituent, reflecting recent institutional attention in specific ecosystems or narratives. There is no information indicating the index is tied to any financial products or derivatives or that it has generated actual fund flows, and no details were provided on weights, a rebalancing mechanism or the issuer’s identity.

Super Micro Computer (SMCI) issued a Q4 earnings preview, saying it booked more than $60 billion in new AI server orders for the quarter and now expects gross margin of 16%, up from prior guidance of 8.3%. While its revenue outlook remained near the low end of its earlier range, the company said the mix shift toward higher-margin orders is improving profitability. Needham reiterated a “Buy” rating and raised its price target to $46, implying more than 45% upside from current levels.

A fire at a joint operations data centre in Greater Kailash, New Delhi, disrupted services for multiple customers, including Google Cloud. Tata Communications set aside a Rs 30.1 crore provision for estimated losses from the incident and recorded a one-time Rs 44.78 crore staff cost optimisation charge. Consolidated net profit fell 29.35% year on year to Rs 134 crore in the quarter, weighed by restructuring and outage-related exceptional losses. The disruption hit the company’s enterprise cloud delivery capability and customer confidence.

The onchain tokenized equity market is expanding rapidly, with more than 670,000 holders, up +73% month over month and +449% year to date. Solana now represents 85% of onchain tokenized equities volume. Jupiter’s routed tokenized asset volume is up 300% year to date, driven by rising demand to trade outside of market hours. Over the past 30 days, about ~68% of the platform’s volume was executed on weekends and off-hours.

Comex gold futures rose above $4,170 per ounce to a record high, while silver futures extended their winning streak. The move was driven mainly by rising safe-haven demand as markets reacted to heightened geopolitical or macro uncertainty. The article describes this as spot commodities trading activity that fed directly into gold and silver futures prices through a clear asset-price transmission path.