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7/29
20:43
The Nikkei Stock Average rose 0.4%, driven by gains in electronics stocks which offset losses in financial shares.
20:41
Coinbase It is down 4.65% on the day and is currently trading at $160.090.
20:41
NVIDIA It is down 3.55% on the day and is currently trading at $190.010.
20:41
The Dow Jones Industrial Average is down 2.19% today and is currently trading at $51,594.14.
20:41
The S&P 500 index is down 1.52% today and is currently trading at $7,316.15.
20:41
Nasdaq The index fell 1.74% today and is currently trading at $24,442.94.
20:41
The American Arbitration Association (AAA), a leading US arbitration organization, has launched a specialist Web3 Panel. This panel brings together experts in blockchain, smart contracts, digital assets, and autonomous transactions to resolve crypto-related disputes.
20:32
A senior Reserve Bank of Australia (RBA) official stated that Australia’s latest inflation data was “a touch softer” than anticipated, while adding that the labor market is still showing “a bit of tightness.”
20:22
Microsoft CEO Satya Nadella told Wall Street analysts during Wednesday’s quarterly earnings call that the company is openly competing with leading AI labs such as OpenAI and Anthropic to promote its in-house AI models, agent tools, and AI chips.Nadella emphasized that companies should use a variety of models and separate agent tools from the models to avoid the risks of data leaks and vendor lock-in. Microsoft is currently selling its MAI series of models and Maya AI chips, and has launched MAI Cyber One Flash as a competitor to Mythos, promising AI solutions with lower costs and higher performance.
20:17
Meta Platforms’ influence in the Indian market has grown significantly, particularly after Gen Z protesters widely used Instagram to express their dissatisfaction with the Modi government. According to reports, the Indian government has stepped up scrutiny of Meta regarding issues such as content moderation, competition, privacy, and digital payments. Previously, the Indian government had issued warnings regarding advertisements promoting child abuse on Instagram and the username feature on WhatsApp, and summoned Meta’s global head of policy to express concerns about non-compliance with IT regulations and deepfake content on the platforms.
20:15
JGB futures fell in the morning Tokyo session ahead of the Bank of Japan’s two-day meeting, which begins today.
20:11
Saudi Arabia is seeking to form an international coalition to protect shipping in the Red Sea from attacks by Yemen’s Houthi rebels. This move is intended to counter the Houthis’ escalating attacks on energy tankers, which have driven up oil prices. On July 20, the Houthis announced a naval blockade against Saudi Arabia and claimed to have attacked Saudi vessels. Saudi Arabia, in turn, carried out airstrikes on Houthi facilities. The escalating tensions in the Red Sea are adding pressure to the global economic outlook.
20:03
Samsung Electronics reported second-quarter operating profit that exceeded analysts' estimates, driven by robust demand for artificial intelligence (AI) chips which continued to fuel growth in its memory chip business.
20:01
Teva Pharmaceuticals CEO Richard Francis discussed the company's positive second-quarter earnings and its new direct listing on the New York Stock Exchange (NYSE). He also addressed the impending impact of changing Medicare rules on patients.
19:42
The U.S. and China are intensifying their competition for AI dominance in Asia. While the U.S. promotes its "complete solution" and "American AI Exports Program," it faces challenges with limited engagement at regional events like APEC Digital Weeks and a reportedly lower-than-expected uptake for its export program.

China, in contrast, is leveraging its open-source AI models and offering training opportunities, with President Xi Jinping announcing 5,000 AI training slots for developing countries. Experts suggest Asia may ultimately adopt a combination of both U.S. and Chinese AI technologies.
19:41
A digital avatar of former Brazilian President Jair Bolsonaro is testing the country's AI election rules after drawing a legal challenge from left-wing groups. Bolsonaro's lawyers maintain that he did not authorize the projection.
19:34
Goldman Sachs Alexis Wilson-Elizondo, Co-Head of Global Multi-Asset Solutions and Co-Chief Investment Officer, said the market is punishing megacap companies due to uncertainty surrounding the return on investment in artificial intelligence (AI) and the Federal Reserve’s recent interest rate decisions. She recommended conducting due diligence when investing in the AI boom.
19:16
OpenAI CFO Sarah Friar informed employees that the company's annualized recurring revenue (ARR) in July surpassed its total revenue for the second quarter. The announcement was made during an internal meeting, aiming to reassure staff about the business's health amidst emerging competition from rivals like Anthropic and various open-source alternatives. Friar and board chair Bret Taylor attributed the growth to the release of the company's GPT-5.6 series of models, its new enterprise agent ChatGPT Work, and the increasing adoption of its AI coding tool, Codex. OpenAI is under pressure to justify its valuation as it prepares for a potential IPO, facing a competitive landscape that includes Anthropic and Google.
19:14
According to sources familiar with the matter, U.S. Republican Senator Thom Tillis and Democratic Senator Ruben Gallego have drafted new legislative language aimed at strengthening the cryptocurrency ethics restrictions in the Digital Asset Market Clarity Act.This section of the bill seeks to prohibit senior government officials from having direct ties to cryptocurrency projects. Previously, former U.S. President Donald Trump had agreed to a narrower version of a similar concept, but some Democrats considered it insufficiently stringent.The two senators hope the new wording will bridge the divide and secure enough votes in favor, but with the Senate’s August recess approaching, time is running out.
18:48
Microsoft reported its fiscal 2026 fourth-quarter earnings (ended June 30), disclosing a $3.2 billion gain from its investment in AI lab Anthropic. Concurrently, the company marked down its investment in OpenAI by approximately $600 million for the same quarter. On a full-year basis, Microsoft's OpenAI investment generated a $5 billion gain.

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