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8/21
08:22
Canadian Trade Minister Dominic LeBlanc said the two sides were "very close" to reaching a deal. Donald Trump had previously postponed tariffs, originally set to take effect on Wednesday, by three days. If no agreement is reached, 50% tariffs on goods including hockey sticks and wine will take effect at 00:01 ET on Saturday. Sticking points in the negotiations include Donald Trump's previous tariffs on Canadian steel, aluminum, and lumber, which Donald Trump has hinted he might reduce, and the possible revival of the Keystone XL oil pipeline project.
08:13
Bob McNally, founder and president of Rapidan Energy Group, stated that the global crude oil refining system has no room for error. He pointed out that increased Ukrainian attacks on Russian refineries, US facilities operating near full capacity, and the closure of the Strait of Hormuz are all putting immense pressure on the system.
08:07
Standard Chartered analyst Geoff Kendrick stated that Bitcoin could move toward its $126,000 all-time high after Oct. 6, as spot Bitcoin ETF inflows recover.
07:46
Wang pointed out that while any comprehensive crypto legislation would seem like progress after years of stalled bills, inadequate enforcement, and catastrophic collapses, the CLEAR Act is turning this desire for progress into a political trap.
07:45
Short sellers are rapidly increasing their bets against the Atlanta Braves stock, due to intense labor negotiations between Major League Baseball (MLB) and its players' union, which has increased the likelihood of potential disruptions to future seasons.
07:38
US stock futures rose in early trading Friday, putting the Nasdaq 100 on track to end a five-day losing streak. This comes as yields hold steady and Bitcoin soars.
07:36
UBS raised its S&P 500 target price, expecting it to reach 8100 points by December 2026 and 8400 points by June 2027. The bank increased its earnings per share (EPS) forecasts for 2026 and 2027 to $350 and $400 respectively, citing strong earnings growth, economic resilience, the Federal Reserve's patience, and accelerated AI adoption. Key risks include rising oil prices, rekindled inflation, and AI returns falling short of expectations.
07:36
The bank cites supportive earnings revisions, improving liquidity conditions, and limited warning signs despite recent AI-related concerns. Citi continues to favor U.S. stocks, believing sector rotation could limit downside, and notes that historical pre-midterm weakness has often been followed by strong year-end performance.
07:35
The new model is capable of analyzing images, screenshots, and text while performing autonomous tasks. Its release highlights intensifying U.S.-China AI competition, with Chinese developers increasingly offering advanced models at lower costs.
07:34
Market watchers note that sudden sharp price spikes and forced short liquidations are classic signs of a bottom, though macro risks continue to persist.
07:30
TD Securities analysts noted that markets will focus on signals from Federal Reserve Chair Kevin Warsh regarding his policy approach and a reaffirmation of his commitment to fighting inflation. The firm expects Kevin Warsh's remarks to signal gradual changes rather than significant policy shifts, but markets could still be disappointed if Kevin Warsh continues to avoid providing forward guidance.
07:07
Bybit Alpha will delist the chipCAT token on Aug 21, 2026, at 11:00 AM UTC. Users can sell or convert affected assets until Aug 22, 2026, 8:00 AM UTC, with any remaining holdings automatically liquidated after Aug 29, 2026, 8:00 AM UTC.

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