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.

Nicaraguan President Daniel Ortega has said the country will stop holding elections, prompting a sharp response from Washington. U.S. Secretary of State Marco Rubio said Nicaragua should not expect “business as usual” with the United States. The U.S. buys 35% of Nicaragua’s coffee exports, and Nicaragua earns about half a billion dollars a year from coffee exports worldwide. With U.S. coffee supplies tight for four years and retail prices near decade highs, any import restrictions or higher tariffs could further squeeze availability.

Applied Optoelectronics (AAOI) has been given a “Sell” rating, citing ongoing losses, significant shareholder dilution and a gross margin that has remained stuck around 30%. While AI-driven hyperscale data center orders have lifted revenue sharply, the quality of earnings has not improved. Risks tied to customer concentration—such as Amazon—and technology shifts, alongside an unsupported valuation, are seen as creating meaningful downside.

Amazon is scheduled to report 2024 second-quarter earnings on July 30. Barclays raised its revenue and operating profit expectations and lifted its AWS year-over-year growth forecast to 33% from 31%, citing rising demand for Bedrock services driven by AI customers such as Anthropic. Analysts also estimate Anthropic-related workloads could add more than $1.5 billion in sequential AWS revenue growth for the quarter, while 2026 capital spending could rise to about $210 billion.

World Liberty Financial (WLFI) said its stablecoin USD1 is now the settlement currency for BTC and ETH perpetual futures on Binance. USD1 is custody-held by BitGo Trust and backed 1:1 by U.S. government money market funds, and it is now deployed natively on Solana, Aptos, and Monad. The company said its WLFI Markets lending platform is live and that it has filed for a trust bank charter with the Office of the Comptroller of the Currency (OCC). WLFI put its market cap at $1.8B, with $550M raised and a community of 770K users.