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7/29
23:03
WTI crude oil rose 6.56% today and is currently trading at $84.460.
23:02
A large investor, often referred to as a "whale," has opened highly leveraged bullish positions totaling $86 million on the S&P 500 index, Micron Technology (MU), and SNDK within the past hour. The positions include $74.46 million on the S&P 500, $6.75 million on MU, and $4.83 million on SNDK.
22:56
Blockchain analytics firm Lookonchain reported that the Lazarus Group hackers moved 121.5 BTC, valued at approximately $7.74 million, an hour ago.
22:15
Investors warn that the Bank of Japan (BoJ) faces a test to its inflation-fighting credibility. The upcoming Friday meeting on interest rates will be closely watched for indications of the central bank's future policy decisions.
22:08
South Korea's benchmark Kospi index experienced a record 33% plunge in July, reaching its cheapest valuation ever. Despite this significant dip, global investors have not been tempted to buy into the market.
21:45
Zhongji Innolight, a Chinese optical module manufacturer, saw its stock price fall 1.28% on Thursday, its first day of trading on the Hong Kong Stock Exchange. The company raised 53.4 billion Hong Kong dollars (approximately $6.8 billion) through its initial public offering (IPO), with a share price of 980 Hong Kong dollars per share—lower than the previously indicated upper limit of 1,010 Hong Kong dollars. Zhongji Innolight is the world’s largest provider of optical interconnect solutions, with products used in AI data centers, cloud computing, and high-speed networks.
21:41
The Hang Seng Index rose 1.96% during the day and is currently trading at $25,807.92.
21:41
The Nikkei 225 index is down 1.49% today and is currently trading at $61,434.19.
21:16
JPMorgan Chase Two investment banks, both affiliated with HSBC, released reports on the same day offering starkly different assessments of the deleveraging process in the South Korean stock market. JPMorgan Chase believes that institutional deleveraging has been “largely completed” or is “nearing its end,” that retail investor leverage risks are “relatively manageable,” and that the KOSPI index’s valuation has reached “crisis levels.”However, HSBC pointed out that the outstanding margin balance for South Korean retail investors (approximately $22 billion) remains “at elevated levels,” and that the contraction in the size of single-stock leveraged ETFs is primarily driven by capital losses rather than investors actively exiting the market, suggesting that the deleveraging process is far from over.Against this backdrop, the Financial Services Commission (FSC) of South Korea has moved up the implementation of measures—including tightening margin requirements for retail investments in single-stock leveraged ETFs and suspending the listing of new products—from the originally scheduled date in August to July 31. The KOSPI index has fallen nearly 40% since its peak on June 22.
21:15
US President Donald Trump has again signalled support for selling F-35 fighter jets to Turkiye, despite objections from Israel. The potential deal is currently blocked by US legal restrictions following Turkiye's purchase of Russian air defence systems, with Israel arguing the sale would undermine its regional military advantage.
21:11
During its earnings conference call for the third fiscal quarter of fiscal year 2026, Qualcomm announced that it would implement double-digit price increases across its entire product line to address the pressures caused by soaring memory chip prices and rising manufacturing costs. The company’s chief financial officer stated that this move is intended to reflect higher input costs in product pricing, and the benefits of the price increases are expected to materialize in the coming quarters. At the same time, Qualcomm expects the loss of orders from Apple to accelerate; revenue from Apple in the fourth fiscal quarter (September through December) is projected to plummet by approximately 50% quarter-over-quarter, as the share of Qualcomm chips in Apple’s upcoming iPhones will be significantly lower than previously estimated. Facing challenges in its mobile business, Qualcomm is accelerating its diversification efforts. Revenue from its automotive chip business rose 61% year-over-year to $1.6 billion in the third fiscal quarter, and the company raised its annualized revenue target for the automotive business to $7 billion for fiscal year 2026. Additionally, the company plans to begin mass production of data center chips by the end of the year.
21:00
South Korean stocks fell for a third consecutive day. This occurred despite Samsung Electronics Co. reporting better-than-expected second-quarter operating profits, driven by strong demand for AI chips, which failed to alleviate market jitters. The decline was also attributed to the South Korean government's announcement of additional measures aimed at curbing demand for leveraged exchange-traded funds.
20:50
Qatar has sent its first shipment of liquefied natural gas (LNG) through the Strait of Hormuz in three weeks, following an attack on one of its tankers in the waterway more than three weeks ago.
20:44
Frank Pallone, a senior Democratic member of the U.S. House Committee on Energy and Commerce, has written to SpaceX CEO Elon Musk requesting a tour of the company’s xAI data centers and power plants in and around Memphis, Tennessee, as well as access to relevant records. Pallone stated that this move is in response to public concerns about the data center’s impact on the community—including rising electricity rates, strain on the power grid, pollution, and noise—and accused SpaceX of using “off-grid gas turbines” to power the facilities without proper permits or pollution controls, posing health risks to local communities. SpaceX has not yet responded to these allegations.
20:43
Russia fired ballistic missiles at Kyiv, the capital of Ukraine, causing fires in some non-residential areas of the city.Earlier, Ukrainian President Zelenskyy had warned that Russia might launch a large-scale attack and that Ukraine’s security depended on its allies’ willingness to provide missile defense systems. Zelenskyy had just returned from the United States, where he stated that U.S. President Donald Trump had agreed to grant Ukraine a license to manufacture “Patriot” missiles.
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.

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