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Ansem launches SOL airdrop marketing campaign, giving away 1 SOL every 5 minutes.

2026.07.18 12:16:04

Crypto KOL Ansem posted on X that he will airdrop 1 SOL to users every 5 minutes before going to bed, with participants only needing to leave their Solana wallet address in the comments to join the event. As of press time, Ansem’s eponymous meme coin ANSEM has a market cap of $176 million, down 5.5% over the past 24 hours.

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Meta’s pre-market trading turned positive, rising 1.12%, as NVIDIA, AMD, and Broadcom are looking to purchase up to $5 billion in Meta stock.

Meta Platforms (META.O) plans two concurrent underwritten public offerings to raise a total of approximately $35 billion, including about $22.5 billion in Class A common stock and $12.5 billion in Series A mandatory convertible preferred stock. According to reports, Meta's common stock offering will be conducted via forward sale agreements, while the preferred stock offering involves depositary shares representing the Series A mandatory convertible preferred stock. Relevant information shows Meta intends to issue up to 250 million Series A depositary shares. Additionally, NVIDIA, AMD, and Broadcom are each interested in purchasing up to $5 billion in Meta's stock. Meta's pre-market shares turned positive, up 1.12%.

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Tom Lee: Ethereum is expected to rise to $62,000 in the next crypto market cycle.

Fundstrat co-founder Tom Lee expects Ethereum to reach $62,000 in the next crypto market cycle. Ethereum has previously recorded 50x to 200x gains across past crypto cycles. Even a more conservative 25x rally would push ETH’s price to roughly $62,000. Shareholders of BitMine (BMNR), the Ethereum holding company led by Lee, could also generate substantial returns from the ETH held by the firm under this scenario. It should be noted that the price target is a scenario projection, not a definitive prediction.

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Meta’s US-listed shares dropped more than 4% in pre-market trading, as the company launched a $225 billion offering of Class A common stock and a 250 million share offering of preferred depositary shares.

According to market data from BIT (Bit.com), Meta’s US pre-market stock fell by more than 4%. The company announced the launch of a $22.5 billion Class A common stock offering and a 250 million share preferred stock depositary share offering, which pressured its pre-market price.

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Since 1950, US stocks have historically delivered their best performance in November, with the S&P 500 recording an average gain of 1.9%.

Historical data from 1950 to 2025 reveals the S&P 500 index has distinct monthly seasonality: November leads all months with an average gain of 1.9%, while September is the poorest performer, posting an average decline of 0.6%. The data shows most months for U.S. stocks deliver positive long-term average returns, with year-end trends generally stronger. Furthermore, the historical outperformance of November and December is evident in both average returns and median results, indicating a certain level of stability in this seasonal pattern. However, past performance does not guarantee future outcomes.

4 minutes ago

Meta's pre-market losses narrowed sharply, now down 0.5%, after having fallen nearly 4% earlier.

According to market data from BIT (Bit.com), Meta's pre-market decline has narrowed rapidly, now down 0.5% after previously sliding nearly 4%. Meta Platforms (META.O) earlier announced the launch of a $22.5 billion Class A common stock offering and a 250 million share preferred stock depositary share offering. The company plans to launch a $60 billion at-the-market (ATM) offering for its Class C common stock in the first quarter of 2027. It noted that artificial intelligence is creating significant opportunities across its core business, new products and services. Its 2026 capital expenditure is projected to be between $135 billion and $145 billion, with the lower end of the range raised by $5 billion.

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Barclays lifts Tesla’s price target from $370 to $450 and upgrades its rating to Overweight.

Barclays has raised Tesla’s 12-month target price from $370 to $450, upgrading its stock rating from Equal Weight to Overweight, with the new target representing a roughly 21.6% increase from the prior level. The U.S. bank’s analysts noted that Tesla’s improved growth outlook for its core auto business, emerging inflection signs in its Robotaxi segment, and strong demand for energy storage services are all expected to support the company’s valuation. Additionally, expectations of a potential merger between Tesla and SpaceX could also bring a valuation premium, though there remains uncertainty over whether the two entities will ultimately combine. According to market data from BIT (Bit.com), Tesla (TSLA.O) rose nearly 2% in pre-market trading, likely driven by this news.

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