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Here’s a quick recap of the crypto landscape for Wednesday (July 2) as of 9:00 p.m. UTC.

Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ethereum price update

Bitcoin (BTC) is priced at US$109,452, up by four percent in the last 24 hours, and its highest valuation of the day. The day’s range for the cryptocurrency brought a low of US$107,542.

Bitcoin price performance, July 2, 2025.

Chart via TradingView.

Bitcoin’s price gain was driven by a calming in Middle East tensions and growing optimism after the US Federal Reserve signaled a dovish tilt; both factors boosted investor risk appetite. Additionally, continued inflows into US spot Bitcoin exchange-traded funds (ETFs) and favorable regulation expectations helped sustain upward momentum.

Ethereum (ETH) is priced at US$2,584.30, up by 7.5 percent over the past 24 hours and its highest valuation of the day. Its lowest valuation on Wednesday was US$2,446.41.

Altcoin price update

  • Solana (SOL) was priced at US$152.55, up by five percent over 24 hours. Its highest valuation as of Wednesday was US$153.39, and its lowest was US$148.29.
  • XRP was trading for US$2.18, up by 4.9 percent in 24 hours. The cryptocurrency’s lowest valuation was US$2.15 and its highest was US$2.27.
  • Sui (SUI) is trading at US$2.92, showing an increaseof 9.3 percent over the past 24 hours and its highest valuation on Wednesday. Its lowest valuation was US$2.76.
  • Cardano (ADA) is priced at US$0.5932, up by 10.6 percent in the last 24 hours, and its highest valuation of the day. Its lowest valuation as of Wednesday was US$0.5605.

Today’s crypto news to know

Judge permits billion-dollar lawsuit against Tether

A US bankruptcy judge is allowing a US$40 billion lawsuit against stablecoin issuer Tether to proceed, according to court documents filed in New York on Monday (June 30). The lawsuit was launched by crypto lender Celsius, which accused Tether of improperly liquidating nearly 40,000 Bitcoin from its platform in June 2022.

Tether attempted to dismiss claims, arguing that the liquidation was to cover Celsius’s US$812 million debt when Bitcoin prices plummeted. Tether also claimed that US courts lacked authority over Tether’s non-US operations, a claim the judge disagreed with, and maintains that Celsius had directed the liquidation.

Coinbase buys Liquifi in undisclosed deal

Coinbase has acquired Liquifi, a startup that builds token management platforms for crypto projects, continuing its busy M&A streak in 2025. Liquifi, backed in its 2022 seed round by Dragonfly and investors like Balaji Srinivasan, helps projects track token vesting, manage crypto cap tables, and handle tax requirements. Coinbase declined to disclose the purchase price, but said Liquifi will help streamline token launches and distribution. This puts Coinbase closer to an “end-to-end” model, similar to Binance’s launchpad, which supports crypto creation from early stages.

Liquifi has been locked in a legal fight with competitor Toku over alleged business document theft, claims which it denies, and Coinbase said it will stand by Liquifi’s defense.

The deal follows other Coinbase acquisitions this year, including Spindl, Iron Fish’s team and the company’s record-breaking US$2.9 billion Deribit buy.

SEC considers streamlining ETF listings

The US Securities and Exchange Commission is reportedly considering a change to its listing structure that would allow ETF issuers to submit a Form S-1, the initial listing registration filing, without having to first file a Form 19b-4.

This is according to crypto journalist Eleanor Terrett, who added that she was told issuers would only need to wait 75 days before listing their tokens if they met the criteria for a general listing standard, the details of which are still unknown but could involve criteria like market capitalization, liquidity and trading volume.

Tech billionaires launch crypto-focused bank Erebor

A group of prominent tech investors, including Anduril’s Palmer Luckey, Peter Thiel’s Founders Fund and Palantir co-founder Joe Lonsdale, are backing a new US-based crypto bank called Erebor, as per the Financial Times.

Erebor has applied for a national banking charter and plans to serve technology-driven sectors like artificial intelligence, defense and crypto, as well as individuals working in these fields.

The digital-only bank will be headquartered in Columbus, Ohio, with an additional office in New York.

Erebor intends to hold stablecoins on its balance sheet, offering a stable value backed by reserves. The bank is led by Owen Rapaport and Jacob Hirshman, a former Circle adviser.

Erebor’s mission is to address the gap left by the collapse of Silicon Valley Bank, which had been a critical channel for startups and venture investors until its 2023 failure.

AllUnity to launch Euro stablecoin

Germany’s financial watchdog, BaFin, has granted regulatory approval to Deutsche Bank and its asset management arm, DWS, for their joint venture, AllUnity. They will launch a euro stablecoin called EURAU, pegged 1:1 to the euro.

The approval allows AllUnity to launch its stablecoin in compliance with new MiCA regulations. The stablecoin aims to facilitate secure, transparent and compliant digital payments for institutions and businesses across Europe.

In other news out of Europe, the European Central Bank said it plans to test a new system using blockchain technology by late 2026 to settle payments in euros. This initiative, called Pontes, is part of a two-track approach that will connect modern blockchain platforms with the eurozone’s existing payment systems.

China considers stablecoins to reinforce cross-border payment strategy

Policy advisors in China are pressing Beijing to explore stablecoins for cross-border payments, even as the country’s broad crypto ban remains in place, Bloomberg reported.

People’s Bank of China (PBOC) Governor Pan Gongsheng noted that stablecoins could make international finance more resilient to geopolitical disruptions, a view echoed by other senior officials.

Former PBOC governor Zhou Xiaochuan suggested dollar-linked stablecoins might even accelerate dollarization, while others see a case for yuan-backed coins to support China’s long-term currency goals.

The momentum comes after the US Senate passed a stablecoin bill in June, advancing President Donald Trump’s digital currency agenda. Stablecoin supply is projected to reach US$3.7 trillion by 2030, driven by cheaper, faster settlement options compared to traditional banking.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Robinhood Markets (NASDAQ:HOOD) rolled out a bold new push into tokenized equities on Monday (June 30), announcing the launch of commission-free stock tokens for EU customers.

The Menlo Park-based brokerage said the tokens will trade 24 hours a day, five days a week, via a partnership with blockchain firm Arbitrum. Robinhood also revealed plans to expand the service to “thousands” of stock tokens by the end of the year and to eventually develop its own blockchain to enable full 24/7 trading.

Robinhood surged nearly 13 percent to an all-time high of US$93.63 on Monday after the announcement.

“Tokenization is going to open the door to a massive trading revolution,” Robinhood CEO Vlad Tenev said at the company’s keynote event, held in Cannes, France.

In a significant first, Robinhood also introduced tokenized shares linked to private companies — specifically Sam Altman’s OpenAI and Elon Musk’s SpaceX — which will be made available exclusively to EU customers.

To mark the launch, Robinhood is offering 5 euros worth of OpenAI and SpaceX stock tokens to every eligible EU user who joins the platform by July 7. Altogether, the company has earmarked US$1 million worth of OpenAI tokens and US$500,000 worth of SpaceX tokens for the incentive program.

Johann Kerbrat, Robinhood’s general manager and senior vice president of crypto, said the move reflects a desire to break open traditionally exclusive investment opportunities.

“We wanted to make sure we were giving access,” he said in Cannes.

“What we discussed on stage was how to address the inequality between people who have historically had access to these kinds of companies and everyone else. That’s the really exciting part: Now everyone will be able to get it.”

He added: “The goal with tokenization is to let anyone participate in this economy.”

Access to private equity has historically been limited to institutional or ultra-wealthy investors, but the EU’s more flexible regulatory environment allowed Robinhood to move quickly.

The tokenized shares will be distributed directly into users’ Robinhood custody wallets and support dividend payments, the company said, promising the same ownership and rights as traditional shares.

Robinhood’s effort reflects growing enthusiasm around so-called tokenized equities, which merge the advantages of traditional finance with blockchain-powered flexibility and low costs.

The model allows round-the-clock trading, fractional ownership, and lower barriers to entry.

Still, regulatory uncertainties cloud the future of tokenized equities, especially in the United States, where definitions around securities and investor protection rules remain unresolved.

Robinhood execs made clear that US customers should not expect to see similar private equity tokens anytime soon. The company is lobbying for more open frameworks to let retail US users participate in private equity markets.

For now, Robinhood will continue rolling out tokenized assets in the EU and expand to other jurisdictions as rules evolve.

Robinhood also announced crypto perpetual futures for its EU users, as well as the launch of crypto staking for US customers.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

There are eight teams remaining in the FIFA Club World Cup as several traditional powerhouses will be joined by a few surprising entries into the quarterfinals.

The reigning UEFA Champions League winners Paris Saint-Germain, the most popular soccer team worldwide in Real Madrid, German giants Bayern Munich and Borussia Dortmund, and English standouts Chelsea have expectedly reached this point.

The others – Brazilian clubs Fluminense and Palmeiras, and Saudi Arabian side Al-Hilal – have brought awareness to themselves and their respective leagues by reaching the quarterfinal.

Let’s break down the four quarterfinal matchups on July 4 and 5, and rank how intriguing they’ll be/how much we want to watch them:

4. Real Madrid vs. Dortmund

  • When: July 5, 4 p.m. ET
  • Where to watch: TNT/TruTV/Univision/DAZN
  • BETMGM betting odds: Real Madrid (-160), Draw (+333), Dortmund (+375)

While you never know what could happen in a stage like the Club World Cup quarterfinals, Real Madrid has won the last four matchups in this series. The intrigue for a matchup we’ve seen before doesn’t strike the same as some of the others.

Kylian Mbappe is back, but how is new coach Xabi Alonso going to work him back into the front line with Vinicius Junior and Jude Bellingham? Here’s the reason why it’ll be tough: 21-year-old Gonzalo Garcia has scored three goals in four games, including the game winner against Juventus that punched Real Madrid’s ticket into the quarterfinals.

Alonso could use a rotation to keep his best players on the pitch, but it might be difficult to pull Garcia, Real Madrid’s breakout player at the Club World Cup, even with Mbappe – the French World Cup champion waiting in the wings.

Dortmund has three wins and a draw, like Real Madrid, at the Club World Cup. They were led by two goals from Serhou Guirassy to beat Monterrey 2-1 in the round of 16.

Sadly, this matchup won’t feature Bellingham facing his younger brother, Jobe, for Dortmund. The younger Bellingham is suspended due to yellow card accumulation and won’t play against Real Madrid.

3. Palmeiras vs. Chelsea

  • When: July 4, 9 p.m. ET
  • Where to watch: DAZN
  • BETMGM betting odds: Chelsea (+105), Draw (+230), Palmeiras (+275)

Is Chelsea’s time in the Club World Cup going to end thanks to a relatively unknown team? Or could we see a traditional power take care of business handily? The intrigue for an upset here is fascinating, but this is the third-best match to watch in the quarterfinals.

Chelsea was nearly on the brink of elimination when Argentine star Angel Di Maria of Benfica tied their Round-of-16 match to force extra time until Christopher Nkunku (108′), Pedro Neto (114′) and Kiernan Dewsbury-Hall (117′) secured their quarterfinal berth.

Palmeiras reached the quarterfinal after beating fellow Brazilian side Botafogo, overcoming a club that beat them four of the last five times they played before the matchup.

Keep an eye on the No. 10s in this one: Chelsea’s Cole Palmer has been relatively quiet since he started the tournament wearing his new number, while Palmeiras’ Paulinho has come off the bench to score against Inter Miami and Botafogo.

2. Fluminense vs. Al-Hilal

  • When: July 4, 3 p.m. ET
  • Where to watch: TNT/TruTV/DAZN
  • BETMGM betting odds: Al-Hilal (+145), Fluminense (+175), Draw (+240)

This was supposed to be a quarterfinal between Inter Milan and Manchester City. Now, Fluminense and Al-Hilal have a chance to reach the semifinals. In a battle of relatively unknowns, this is the second-best matchup in the quarterfinals.

Al-Hilal is a Saudi Arabian club with international flair: Brazilian Marcos Leonardo scored two goals in their 4-3 win against Man City, celebrating his last by taking off his jersey, putting onto the corner flag, and waving it in the air after his game-winner in the 112th minute.

Brazil’s Malcom, Senegal’s Kalidou Koulibaly also scored against Man City, while Al-Hilal captain Salem Al-Dawsari is known for scoring the game-winner for Saudi Arabia against Lionel Messi and Argentina at the Qatar World Cup.

Meanwhile, Fluminense has had six different players score a goal during the Club World Cup, along with one of the best traveling fanbases in the tournament. Along with their 2-0 win against Inter, they played to a scoreless draw against another quarterfinalist, Dortmund in the group stage.

1. PSG vs. Bayern Munich

  • When: July 5, 12 p.m. ET
  • Where to watch: TNT/DAZN
  • BETMGM betting odds: PSG (+120), Bayern (+200), Draw (+270)

This will be the best matchup in the quarterfinals: The reigning Champions League winners, and the Bundesliga champions who have played like one of the best teams at the Club World Cup.

Harry Kane scored twice in the Round of 16, while Michael Olise scored three goals during the tournament for Bayern.

PSG lost to Botafogo in the group stage, but are back on track after a 4-0 win over Messi and Inter Miami in the last round. They also welcomed Ousmane Dembélé back into the lineup after he missed the group stage with a quadriceps injury.

Bayern has won the last four matchups against PSG, considered the best in the world at this moment. Can Bayern pull off another, or will PSG continue its recent dominance?

This post appeared first on USA TODAY

Welcome to the 3,000 career strikeout club, Clayton Kershaw.

In the sixth inning of an interleague game against the Chicago White Sox at Dodgers Stadium in Los Angeles, the 6-foot-4 veteran southpaw struck out Vinny Capra looking to unlock perhaps the greatest achievement of his Hall of Fame-bound resume and career.

The World Series champion is the 20th pitcher in MLB history to reach one of baseball’s hardest feats. He entered the night three strikeouts away from joining the 3,000 club,

His first strikeout of the night came in the third inning when White Sox first baseman Miguel Vargas went down swinging at a curveball in the top of the third inning. Second baseman Lenyn Sosa struck out swinging on a curveball in the top of the fifth and Capra struck out looking on a slider in the sixth.

The three-time National League Cy Young winner is the first pitcher to join the exclusive 3,000 career strikeout club since Max Scherzer did so vs. the San Diego Padres in 2021 when he was a teammate of Kershaw’s following a trade deadline move by the Dodgers from the Washington Nationals.

Noted by USA TODAY Sports’ Bob Nightengale, Kershaw’s first career strikeout came on May 25, 2008 against then-St. Louis Cardinals outfielder Skip Schumaker at Dodger Stadium. Kershaw would strike out seven Cardinals hitters that night in six innings of work where he gave up just two runs on five hits and a walk.

‘I figured I was going to ambush him and welcome him to the big leagues,’ Schumaker told USA TODAY Sports. ‘The first pitch was an elevated fastball. It was harder and faster than I thought, and I swung and missed. Then he threw a curveball. It was something different. It was like nothing I had ever seen before.’

Watch Clayton Kershaw record career strikeout 3,000 vs. White Sox

Here’s a look at Kershaw’s 3,000th career strikeout in the sixth inning at Dodgers Stadium against Vinny Capra on July 2:

MLB pitchers with 3,000 strikeouts

Note: Ordered in numerical order of career strikeouts

  1. Nolan Ryan: 5,714 career strikeouts
  2. Randy Johnson: 4,875 career strikeouts
  3. Roger Clemens: 4,672 career strikeouts
  4. Steve Carlton: 4,136 career strikeouts
  5. Bert Blyleven: 3,701 career strikeouts
  6. Tom Seaver: 3,640 career strikeouts
  7. Don Sutton: 3,574 career strikeouts
  8. Gaylord Perry: 3,534 career strikeouts
  9. Walter Johnson: 3,515 career strikeouts
  10. Justin Verlander: 3,416 career strikeouts
  11. Max Scherzer: 3,407 career strikeouts
  12. Greg Maddux: 3,371 career strikeouts
  13. Phil Nierko: 3,342 career strikeouts
  14. Fergie Jackson: 3,192 career strikeouts
  15. Pedro Martinez: 3,154 career strikeouts
  16. Bob Gibson: 3,117 career strikeouts
  17. Curt Schilling: 3,116 career strikeouts
  18. CC Sabathia: 3,093 career strikeouts
  19. John Smoltz: 3,084 career strikeouts
  20. Clayton Kershaw: 3,000 career strikeouts

The USA TODAY app gets you to the heart of the news — fastDownload for award-winning coverage, crosswords, audio storytelling, the eNewspaper and more.

This post appeared first on USA TODAY

LOS ANGELES – Clayton Kershaw has joined an exclusive club.

The longtime Los Angeles Dodgers ace is the 20th pitcher in baseball history to strike out 3,000 batters.

Kershaw, a 37-year-old lefty, reached the milestone when he struck out Vinny Capra of the Chicago White Sox on Wednesday, July 2 at Dodger Stadium.

A 10-time All-Star and three-time Cy Young winner, Kershaw entered the game with 2,997 strikeouts. Kershaw didn’t register a strikeout in the first two innings, but got Miguel Vargas swinging for the first out in the third. But Kershaw struggled through those first three innings, giving up four runs including Austin Slater’s two-run homer in the third.

He didn’t strike anybody out in the fourth inning either, heading to the fifth at 80 pitches, adding drama to what was expected to be a coronation.

Kershaw got Lenyn Sosa for strikeout No. 2,999 to end the fifth, but was then at 92 pitches. Manager Dave Roberts sent Kershaw back out for the sixth. With two outs – after third baseman Max Muncy was injured applying a tag at third base – Kershaw struck out Vinny Capra looking for the magical No. 3,000.

He becomes the fourth left-handed pitcher to join the 3,000 strikeout club, joining Steve Carlton, Randy Johnson and CC Sabathia. Kershaw is only the second player to accomplish the feat all with one club, following in the footsteps of Walter Johnson and Bob Gibson.

Kershaw gave up four runs in six innings, picking up No. 3000 on his 100th pitch of the night. He was on the hook for the loss until the Dodgers rallied to win on Freddie Freeman’s walk-off single in the bottom of the ninth.

On May 25, 2008, Kershaw struck out his first batter as a 20-year-old rookie making his major-league  debut with the Dodgers. The strikeouts began to pile up as his 18-year career has unfolded.

He led the National League in strikeouts three times – 2011, 2013 and 2015 – and he recorded a career-high 301 in 2015.

Nolan Ryan holds the all-time record with 5,714 strikeouts.

Before Kershaw’s history-making start, Roberts said the club icon had this milestone in mind when he decided to come back for an 18th season.

“He loves competing,’’ Roberts said. “Certainly wants to see it all the way through October and be a viable integral part in this season. … I think that to be able to come back and essentially go out on his own terms is important and not many people get that opportunity.’’

Said Roberts: ‘It’s the last box for Clayton to check in his tremendous career.”

Clayton Kershaw’s wife, family celebrate 3,000th strikeout

Dodgers game paused to honor Clayton Kershaw hitting 3,000 strikeouts

There will be no penalty – or complaint – for this delay of game. The Dodgers paused the action a few minutes after Kershaw recorded strikeout No. 3,000. After joining his teammates in the dugout, Kershaw came back onto the field and acknowledged the cheering fans.

He also pointed to his family, as the video boards congratulated Kershaw on ‘3,000 STRIKEOUTS.’

Kershaw gets No. 2,999 in the fifth

Kershaw got Lenyn Sosa swinging to end a scoreless fifth inning for strikeout No. 2,999, but is at 92 pitches through five innings. Will Dave Roberts send him back out to start the sixth?

White Sox not cooperating for Kershaw

The chances of Kershaw notching his 3,000th strikeout tonight are dimming. He needs only two, but he’s already thrown 80 pitches through four innings and the White Sox are not cooperating.

In the fourth, he got two a two-strike count for the 12th time of the night, but the White Sox refused to whiff. They also failed to get a hit or run – but maintained a 4-2 lead over the Dodgers. 

Kershaw notches strikeout No. 2,998

Never mind Kershaw that gave up a two-run homer to Austin Slater to put the White Sox up 3-2. The Dodgers crowd roared when Kershaw struck out the next batter, Michael Vargas for No. 2,998.

Kershaw gave up a total of three runs and four hits before getting out of the inning. The game heads to the bottom of the third with the White Sox leading 4-2 and Kershaw needing two more, already at 63 pitches through three.

This is beginning to feel like one of Kershaw’s postseason debacles.

Kershaw settles down in second: Still no strikeouts

After struggling in the first first inning, Kershaw retired the White Sox players in order in the second inning – but none on strikeouts. Kershaw got Vinny Capra to ground out to short to end the frame.

Kershaw got out of the inning with 10 pitches, increasing his total to 39 through two innings.

Clayton Kershaw off to rocky start and remains at 2,997

Clayton Kershaw labored through a first inning that ended without a strikeout and with him wiping his brow in relief.

He faced six White Sox batters and gave up a run on three hits. Dodgers left fielder Michael Conforto contained the damage when he made a leaping catch at the wall for the third out. Kershaw threw 29 pitches in the first inning, 19 for strikes.

Catcher Will Smith hit a home run in the bottom of the first to tie the game at one.

Is Clayton Kershaw the greatest Dodgers pitcher ever?

Before the game, Roberts was asked if Kershaw is the greatest pitcher in Dodgers history. In other words: is Kershaw better than Dodgers pitching legends Sandy Koufax and Don Drysdale?

“That’s a tough one,’ Roberts said, indicating he had not compared the three pitchers’ accomplishments. But then he referenced Kershaw’s 18-year career.

“It’s hard to not say Clayton is the greatest Dodger (pitcher) of all time, as far as you’re talking about body of work. … Yeah, he’s a unicorn.’

Clayton Kershaw’s first strikeout victim remembers debut

The Cardinals didn’t have any tape of the 20-year-old kid who was going to make his major-league debut on May 25, 2008. No one had any scouting reports. No one faced him in the minors. So, they began asking each other if anyone knew anything about the Dodgers’ prized prospect.

Skip Schumaker was leading off for the Cardinals and stepped to the plate with a game plan.

“I figured I was going to ambush him and welcome him to the big leagues,’ Schumaker told USA TODAY Sports. “The first pitch was an elevated fastball. It was harder and faster than I thought, and I swung and missed. Then he threw a curveball. It was something different. It was like nothing I had ever seen before.

“And then, well, I struck out.’

Schumaker finished his career 0-for-7 against Kershaw with six strikeouts – and grounded into a double play.

“Clayton Kershaw,’ Schumaker says, “is the most dominant pitcher I’ve ever played against in my career. I’ve never seen anybody like him.”

– Bob Nightengale

How many strikeouts does Clayton Kershaw have?

Kershaw enters his start on July 2 with 2,997 career strikeouts – in 2,781 ⅓ innings.

White Sox lineup vs. Kershaw

  1. Chase Meidroth (R) SS
  2. Austin Slater (R) LF
  3. Miguel Vargas (R) 1B
  4. Andrew Benintendi (L) DH
  5. Edgar Quero (S) C
  6. Lenyn Sosa (R) 2B
  7. Mike Tauchman (L) RF
  8. Michael A. Taylor (R) CF
  9. Vinny Capra (R) 3B

Dodgers lineup tonight

  1. Shohei Ohtani (L) DH
  2. Mookie Betts (R) SS
  3. Will Smith (R) C
  4. Freddie Freeman (L) 1B
  5. Andy Pages (R) RF
  6. Max Muncy (L) 3B
  7. Michael Conforto (L) LF
  8. Tommy Edman (S) CF
  9. Hyeseong Kim (L) 2B

The USA TODAY app gets you to the heart of the news — fastDownload for award-winning coverage, crosswords, audio storytelling, the eNewspaper and more.

This post appeared first on USA TODAY

The United States Men’s National Team is advancing to the 2025 Concacaf Gold Cup final after defeating Guatemala 2-1 on Wednesday, July 2. 

American star Diego Luna got the USMNT on the board early by scoring two goals in the fourth and 15th minute of the semifinal match, which was enough to seal the win. Luna was named the Man of the Match for his efforts.

“I think it’s just finding the rhythm and being able to get the freedom from the coaching staff and from the team,’ Luna said after the match. ‘I know that they are going to have my back and trust of the defensive responsibilities lets me do what I do on the ball.’

Guatemala made it close in the end. Olger Escobar cut Guatemala’s deficit in half with a goal in the 80th minute, and José Morales nearly scored the equalizer in stoppage time, but American goalie Matt Freese blocked the shot to hold the Guatemalans off and secure the win.   

With the victory, the USMNT will face Mexico in the final. Mexico defeated Honduras 1-0 in the other semifinal.

Gold Cup semifinal highlights: USMNT 2, Guatemala 1

Olger Escobar scores: USMNT 2, Guatemala 1

Guatemala’s Olger Escobar has cut the U.S. men’s lead in half with a goal. Escobar scored in the 80th minute on an assist by Arquímides Ordóñez to get Guatemala on the board. It marked Escobar’s second goal of the tournament.

Yellow cards are flying

Here’s all the yellow cards assessed so far. It’s worth noting that a second yellow card would lead to a suspension in Sunday’s Gold Cup final:

  • USA’s Matt Freese | 77′
  • USA’s Diego Luna | 51′
  • Guatemala’s Stheven Robles | 49′
  • USA’s Chris Richards | 45’+1′

First half ends: USMNT 2, Guatemala 0

The USMNT has a two point advantage heading into halftime. USA’s Chris Richards heads into the locker room with a yellow card after picking it up in the first minute of stoppage.

Diego Luna scores again: USMNT 2, Guatemala 0

Diego Luna strikes again. Malik Tillman found a wide-open Luna up the middle. Luna then juked a defender and scored the ball with a clean strike in the fifteenth minute to put the USMNT up 2-0 over Guatemala. Luna pointed to his last name on the back of his jersey in celebration of his second goal of the night.

Diego Luna scores goal: USMNT 1, Guatemala 0

The U.S. men’s national team is off to a great start in the Gold cup semifinals. Diego Luna got the Americans on the board first after finding the back of the net in the fourth minute, marking his second goal in as many games.

How to watch USMNT Gold Cup semifinals

The 2025 Concacaf Gold Cup semifinals will feature two matches on Wednesday: the United States will face Guatemala at 7 p.m. ET on FS1, followed by Mexico battling Honduras at 10 p.m. ET on FS1.

How to watch USMNT vs. Guatemala

The United States will face Guatemala in the 2025 Concacaf Gold Cup semifinals on Wednesday, July 2at 7 p.m. ET.

  • Date: Wednesday, July 2
  • Time: 7 p.m. ET
  • TV: FS1, Univision
  • Stream: Fox Sports, Fubo, Sling TV
  • Location: Energizer Park, St. Louis, Missouri

Watch Gold Cup action with Fubo

USMNT lineup for Gold Cup semifinal

This post appeared first on USA TODAY

Liverpool soccer player, Diogo Jota, 28, and his brother died in a car crash in northwestern Spain, according to the Portuguese Football Federation.

The federation confirmed Jota’s death on Thursday, after the regional fire department of Castile and Leon, stated on its website that a car crashed early on Thursday, shortly after midnight.

Two men, aged 28 and 26, were found dead in the car, which burst into flames near Zamora, the capital of the Zamora province, which is in the Castile and León region.

‘We have lost two champions. Their deaths represent irreparable losses for Portuguese football, and we will do everything we can to honour their legacy every day,’ the Portuguese Football Federation said in a statement.

Spanish police told Reuters they could not yet officially confirm the names of the deceased, but everything pointed to it being Jota and his brother. The Lamborghini they were travelling in veered off the road, the spokesperson said.

The bodies have been taken to a forensics unit in Zamora, where autopsies will be performed, they said.

Who was Diogo Jota?

Jota, who got married in June, helped Liverpool win the Premier League last season and also won the FA Cup and League Cup with the Merseyside outfit.

‘He just won the Prem, Nations League, and got married all within a month,’ wrote one user on Instagram. ‘And his life has been cut short. RIP’

Jota arrived at Anfield, Liverpool’s football [soccer] club, from Wolverhampton Wanderers in 2020 and scored 65 goals in 182 appearances for the club in all competitions.

He also made 49 appearances for Portugal, twice winning the UEFA Nations League.

This post appeared first on USA TODAY

Elon Musk and President Donald Trump are fighting again. Now Musk’s business interests — and the billions in government contracts they enjoy — are once again in the crosshairs.

Investors were already punishing Tesla on Tuesday, sending shares in the electric carmaker more than 4% lower in afternoon trading. The stock has experienced a late-spring rally alongside the broader market but remains down some 20% so far this year. The shares have been pummeled by a global backlash to Musk’s alliance with Trump on the campaign trail and in the White House, where the multibillionaire led a sweeping program of government cuts

Musk acknowledged there had been “some blowback” to the actions taken by his Department of Government Efficiency project that may have affected Tesla sales. Yet investors remain largely bullish on the company and its efforts to pivot away from mass-market EVs and toward self-driving taxis and robotics, pushing its market valuation back toward $1 trillion.

Tesla remains Musk’s best-known business, but its fortunes are less directly tied to the government than SpaceX, his rocket-building company. SpaceX’s $350 billion valuation largely rests on the many government contracts that fuel it. SpaceX’s work for NASA has ramped up in recent years in support of the Artemis mission to return to the moon.

Meanwhile, SpaceX’s Dragon spacecraft is currently the only active vessel capable of carrying astronauts to and from the International Space Station. SpaceX has also become essential to the Department of Defense’s missions taking satellites into orbit and today is responsible for the majority of such missions, according to Ars Technica.

SpaceX is privately held, meaning its shares don’t trade on the open market. It is thus difficult to get a real-time gauge on how worsening relations could affect the company’s fortunes. But the impact could be substantial. Since fiscal year 2000, total revenue for SpaceX and Tesla from federal unclassified contracts sits at $22.5 billion, according to Bloomberg Government data — with most of those going to the former. The Washington Post has put the figure for SpaceX alone at close to $38 billion, with $6.3 billion alone coming in 2024 — the highest annual total to date.

The dispute with Trump has also taken a chunk out of Musk’s personal net worth. After soaring to an all-time high of nearly half a trillion dollars after Trump’s election win, Musk’s publicly available wealth tally now sits at $400 billion, though that still makes him the world’s wealthiest individual by nearly $150 billion ahead of Oracle founder Larry Ellison, another Trump ally.

The Musk-Trump tiff first exploded into public view last month, shortly after Musk formally stepped down from his special government employee role and criticized the massive spending and tax cut bill that Republican senators passed Tuesday. Trump responded at the time by threatening to “terminate Elon’s Governmental Subsidies and Contracts.”

Musk, in turn, said he would begin “decommissioning” the Dragon, only to reverse course hours later after an X user advised him and Trump to “cool off and take a step back for a couple of days.”

Before their initial flare-up subsided, Musk announced he would be reining in his political spending weeks after a candidate he had backed lost a key Wisconsin Supreme Court race. Some analysts believe the current relapse in tensions between the two men will be short-lived given Musk’s reliance on the government, and vice-versa.

Still, Musk is now discussing launching his own political party to address the U.S.’s fiscal imbalances, which he believes Trump’s bill will exacerbate — a contention supported by the nonpartisan Congressional Budget Office. While the South Africa-born executive is ineligible to run for office, any candidate he backed for national office would likely face immediate conflict-of-interest questions.

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Apple has accused a former engineer for its Vision Pro headset computer of stealing company trade secrets before starting a new job at Snap, according to a lawsuit filed in California last week.

In the June 24 court filing, Apple accuses Di Liu, a senior design engineer, of downloading thousands of documents in his final days at the Cupertino company last year and saving them to his personal cloud accounts.

This lawsuit is the latest example of Apple publicly going after a former employee for leaking internal information. Apple is an intensely secretive company, and lawsuits like this one highlight how the iPhone maker exercises tight control over its internal information, even if it has to pursue legal action against former staff.

Apple alleges that Liu didn’t inform the company when he resigned late last year that he was headed to Snap, a competitor and maker of smart glasses. As a result, Apple did not shut off his access to accounts and allowed him a customary two-week transition period, which he used to download company files, according to the lawsuit.

“Worse still, the review of Mr. Liu’s Apple-issued work laptop also shows that while maintaining access to Apple’s Proprietary Information under false pretenses, he used his Apple credentials to exfiltrate thousands of documents containing Proprietary Information from Apple’s secure file storage systems,” the iPhone maker’s lawyers said in the filing.

Many of the files downloaded by Liu had codenames for Apple projects and described the company’s technology, product design and supply chain, according to the lawsuit. Apple says that all employees agree to keep Apple files confidential and that Liu broke confidentiality agreements he made when he joined. Liu worked for Apple between 2017 and 2024, according to the lawsuit.

Liu worked on Apple’s Vision Pro headset as a system product design engineer, per the filing. Liu did not respond to a request for comment from CNBC.

Apple lawyers wrote that Liu could use the trade secrets in his work at Snap. Apple is not suing Snap, and the social media company did not respond to a request for comment.

“The overlap between Apple’s Proprietary Information that Mr. Liu retained and Snap’s AR products (for which Mr. Liu is a ‘product design engineer’) suggests that Mr. Liu intends to use Apple’s Proprietary Information at Snap,” according to the filing.

Apple is seeking damages and for Liu to have his devices inspected by a forensic examiner to make sure all the trade secrets are deleted.

The iPhone maker has sued several former employees in recent years for taking files when they left the company.

Apple settled with former engineer Simon Lancaster in 2022 over providing information to a journalist. Apple also sued a former employee, Andrew Aude, in 2024 over leaking details to the media. That lawsuit was dismissed after Aude apologized.

The Cupertino company sued Rivos, a chip startup staffed by former Apple semiconductor employees, over its intellectual property, and settled in 2024.

Additionally at least three former Apple employees have also been arrested and accused by the government of taking company secrets and giving them to China-linked organizations. One pled guilty and was sentenced to four months in prison, and two are still in proceedings.

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Microsoft said Wednesday that it will lay off about 9,000 employees. The move will affect less than 4% of its global workforce across different teams, geographies and levels of experience, a person familiar with the matter told CNBC.

The announcement comes on the second day of Microsoft’s 2026 fiscal year. Executives at the Redmond, Washington-based company typically unveil reorganizations at the time of the new fiscal year.

“We continue to implement organizational changes necessary to best position the company and teams for success in a dynamic marketplace,” a Microsoft spokesperson said in an email.

Microsoft has held several rounds of layoffs already this calendar year. In January, it cut less than 1% of headcount based on performance. The 50-year-old software company slashed more than 6,000 jobs in May and then at least 300 more in June. As of June 2024 it employed 228,000 people. In 2023, it laid off 10,000.

Perhaps the largest culling of Microsoft workers came in 2014, when the company eliminated 18,000 after acquiring Nokia’s devices and services business.

As was the case with the May layoffs, Microsoft is looking to reduce the number of layers of managers that stand between individual contributors and top executives, said the person who asked not to be named while discussing internal matters.

“To position Gaming for enduring success and allow us to focus on strategic growth areas, we will end or decrease work in certain areas of the business and follow Microsoft’s lead in removing layers of management to increase agility and effectiveness,” Phil Spencer, Microsoft’s CEO of gaming, wrote in a Wednesday memo to employees in that division.

Microsoft reported nearly $26 billion in net income on $70 billion in revenue for the March quarter. The numbers were well ahead of Wall Street’s consensus, keeping Microsoft ranked as one of the most profitable companies in the S&P 500 index, according to data compiled by FactSet.

Executives called for about 14% year-over-year revenue growth in the June quarter, thanks to expected expansion in Azure cloud services and corporate productivity software subscriptions

Microsoft stock closed at a record high of $497.45 per share on June 26. At the start of Wednesday’s trading session, the shares were down about 0.6%, while the S&P 500 was roughly flat.

Autodesk, Chegg and CrowdStrike are among the other software providers that have slimmed down in 2025. Earlier on Wednesday, payroll processing company ADP said the U.S. private sector lost 33,000 jobs in June. Economists polled by Dow Jones had predicted an increase of 100,000.

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