GE Vernova (GEV) posted second-quarter results with earnings of $2.47 per share, below the analyst consensus estimate of $3.13, while revenue came in at $11.104 billion versus expectations of $10.734 billion. The stock fell about 6%. Oil climbed 2.1% to $86.06 a barrel and gold rose 1.8% to $4,149.80 an ounce. The Dow and S&P 500 edged higher, while the Nasdaq was slightly lower.

Palantir shares fell 4.93% on Wednesday to $126.12 after the UK’s Office for Statistics Regulation raised concerns about how performance metrics were communicated for the NHS Federated Data Platform contract. The watchdog said NHS England had not controlled for other variables and therefore could not draw cause-and-effect conclusions, calling for clearer statistical caveats, while several regional health bodies have declined to adopt the platform. Palantir is set to report Q2 results on Aug. 3, with the market expecting revenue of $1.81 billion and EPS of 33 cents.

Improving monsoon rains in India eased fears of a smaller sugar crop, after the cumulative rainfall deficit narrowed to -19% by July 22 from -42% at the end of June. New York and London raw sugar futures fell 1.28% and 1.11%, respectively. WTI crude oil jumped more than 2%, supporting ethanol economics, but funds’ sugar net-long positions are at historical highs, adding to near-term downside pressure. The market faces a tighter short-term supply-demand tug-of-war, while longer-term risks remain tied to the potential impact of El Niño.

S&P Dow Jones Indices announced the launch of its first-ever crypto-asset index on 2026-07-23. The index does not include bitcoin:native and is instead composed of 22 tokens, including Ethereum (ETH), BNB (BNB), Solana (SOL), TRX (TRX) and Hyperliquid. It is designed to provide institutional investors with an investable benchmark for the crypto market and may later underpin ETFs, ETNs and index-linked products. BingX has listed ETH, BNB, SOL and TRX trading pairs, and these tokens are core constituents of the index with a potential pathway for passive inflows.

S&P Dow Jones Indices formally released its first cryptocurrency index in July 2026, with TRON included among the initial featured blockchain networks. The index is designed to track the performance of major crypto assets and provide institutional investors with an investable, trackable benchmark. With TRON explicitly highlighted as a featured network, its native token TRX could benefit directly from index-linked product launches and portfolio allocations, including potential ETFs, ETNs and index funds. The move marks a first for mainstream financial infrastructure in systematically incorporating the TRON ecosystem, reinforcing its perceived compliance profile and investability for institutions.

A Goldman Sachs report says Turkey’s policy focus has shifted from “cutting rates” to “repairing external imbalances,” and that policymakers will tolerate faster lira depreciation to lift real rates while inflation takes a back seat. The approach implies the USD/TRY exchange rate could strengthen markedly in the near term. It also suggests the central bank may later move its policy-rate corridor sharply higher. The piece frames the shift as a change in policy narrative rather than routine fine-tuning.

Cocoa futures sank nearly 6%, sending both New York and London contracts to their lowest levels in two months. The selloff followed a 4.6% year-on-year drop in Europe’s Q2 cocoa grindings to a six-year low, alongside signs of ample near-term supply including a 21% jump in Ivory Coast port arrivals and ICE stocks at a two-year high. North American and Asian grindings rose more than expected, and longer-term risks tied to El Niño and early crop checks remain in view. Still, the latest demand and inventory data dominated market pricing, reinforcing a clear bearish catalyst.

AeroVironment (AVAV) said it has been awarded a $117.30 million contract from the U.S. Army to supply its P550 electric vertical takeoff and landing (eVTOL) unmanned aerial system for the Army’s Long Range Reconnaissance program. The company reported fiscal 2026 fourth-quarter revenue rose 133.3% year over year to $641.62 million and said funded backlog stood at $1.20 billion as of April 30. Wall Street analysts currently rate the stock “Strong Buy” with a consensus price target of $239.65, implying 53.1% upside from current levels.