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08:18
Kashkari believes higher interest rates are needed to curb inflation and prevent more drastic increases later. He was one of three dissenters at last week's Federal Open Market Committee meeting who favored a 0.25 percentage point rate hike, while the majority voted to hold the benchmark funds rate in the 3.5%-3.75% range.
08:18
Microsoft (MSFT) stock continues to rise on the back of strong earnings, extending its previous winning streak. Despite market questions about whether the stock is currently a buy, its recent performance is supported by positive earnings.
08:17
PitchBook's latest analysis report shows a significant contraction in the number of potential IPO candidates in Europe this year, with the backlog nearly halving. Currently, only 223 companies in Europe have a high probability of going public, a 40.2% decrease from the 373 companies projected in the 2025 outlook. Among these, only 10 companies have an IPO probability exceeding 90%, a sharp drop from 32 a year ago. The total valuation of these companies is approximately €232 billion (approximately $268 billion), with Revolut alone accounting for €200 billion. The report indicates that future growth in the IPO pipeline may come from the artificial intelligence sector, with AI companies currently representing one-third (72 companies) of Europe's IPO candidates, and 7 of them having a 90% or higher likelihood of going public. PitchBook expects that as Europe's AI ecosystem matures, the share of AI IPO candidates will continue to rise, and the next generation of IPOs may be more technology-led.
08:15
This funding round saw participation from SC Ventures, the venture capital arm of Standard Chartered Bank, Sony Innovation Fund, Polychain Capital, and Blockchain Capital, among others. This capital brings Yellow Card's total funding to over $120 million since its inception in 2016. The funds will be used to expand its stablecoin payment infrastructure and to promote its Global USD Accounts product to Latin America and the Asia-Pacific region, helping banks leverage blockchain technology for cross-border USD liquidity.
08:10
Minneapolis Fed President Neel Kashkari stated that his primary objective is to bring down inflation, not to deliberately slow the economy.
08:08
Lookonchain monitoring shows that whale 0x2684 recently acquired an additional 3,960 ETH, valued at approximately $7.4 million. This latest purchase contributes to the whale's significant accumulation since June 30, during which they have bought a total of 79,216 ETH ($140.77M) at an average price of $1,777, and 1,400 WBTC ($89.44M) at an average price of $63,887.
08:07
DeItaone reports MicroStrategy ($MSTR) joins the Invest America Business Pledge, committing to contribute $250 each year to "Trump Accounts" for every eligible child under 18 of its U.S. employees, aiming to support their financial futures.
08:05
National Australia Bank (NAB) is preparing to test the security and operational controls of an agentic AI platform, marking the first time the bank has publicly outlined this approach. The plan involves allowing AI agents to interact with staff and internal systems on behalf of customers. Patrick Wright, group executive for technology and enterprise operations, stated that the bank aims to conduct pilots and experiments over the next year, emphasizing the importance of security and safe implementation. Other major Australian lenders are also advancing AI adoption, with Commonwealth Bank of Australia (CBA) having partnered with OpenAI last year, and Westpac reportedly using AI bots for mortgage and credit card applications, saving significant banker hours.
08:04
The scale of this unlocking is unprecedented in the history of U.S. stocks. Market concerns about potential selling pressure have already been reflected in the stock price; since its high on June 16, SpaceX's stock price has cumulatively fallen by about 40%, wiping out over $425 billion in market value. According to S3 Partners data, approximately 30% of the circulating shares are currently shorted, with short sellers having a paper profit of about $7 billion. Furthermore, by early December this year, the total circulating shares of SpaceX will surge from the current approximately 639 million shares to 5.33 billion shares, an increase of over seven times compared to the current stage.
08:03
Visa Direct reportedly connects to more than 18 billion endpoints, including cards, bank accounts, and digital wallets.
07:59
S&P 500 futures climbed on Wednesday as the latest batch of earnings pointed to strong demand for, and spending on, artificial intelligence. SpaceX reported higher-than-expected AI-related outlays, which overshadowed results that broadly beat forecasts, while 英伟达 (Nvidia) Corp. rallied after 马斯克 (Elon Musk) touted his computing plans.
07:55
The commodity giant's adjusted earnings before interest and taxes (EBIT) from trading reached $2.66 billion in the first half of 2026, a significant increase from $40 million a year earlier. CEO Gary Nagle attributed the surge primarily to the Oil and Gas department, which capitalized on dislocations across LNG, oil, and shipping markets caused by the Iran war. Glencore's trading volumes for crude and fuels also jumped by approximately 24% compared to its 2025 average, reaching around 5.2 million barrels per day. The company's shares were up 3.4% following the announcement.

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