Macro
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Citadel Securities strategist Scott Rubner released a report listing ten reasons to be bullish on US stocks in August.
Scott Rubner points out that against a backdrop of persistent macro risks and extreme market divergence, multiple sources of demand are simultaneously strengthening while selling pressure is dissipati
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China accelerates 'brain chip' development with state-backed initiatives, aiming to outpace Elon Musk's vision
Chinese state authorities have launched a coordinated effort to accelerate the development of the nascent brain-computer interface (BCI) industry. In recent days, a series of related initiatives have
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Japan's July PPI rose 7.2% year-on-year, fueling market expectations for a Bank of Japan (BOJ) rate hike in September.
Data released by the Bank of Japan (BOJ) on Thursday showed that the Corporate Goods Price Index (PPI) rose by 7.2% year-on-year in July, slightly lower than the revised 7.3% in June, but still remain
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China's YMTC ranks third globally in Q2 NAND memory chip shipments with 14% market share, surpassing Micron and Kioxia, according to Counterpoint Research.
China's YMTC ranks third globally in Q2 NAND memory chip shipments with 14% market share, surpassing Micron and Kioxia, according to Counterpoint Research.
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Goldman Sachs: Japan's over $1 trillion in foreign exchange reserves can be fully monetized via the Federal Reserve's FIMA facility, providing ample ammunition for further yen intervention
Karen Fishman, a research strategist at Goldman Sachs, stated that Japan's approximately $200 billion in dollar cash or cash equivalents is sufficient for several rounds of intervention similar to las
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Tencent Holdings fell over 2% intraday to a more than two-week low, after Q2 AI spending led to negative free cash flow, and Morgan Stanley cut its target price by over 15% to HK$550.
Tencent Holdings once fell over 2% during intraday trading today, touching its lowest intraday level in over two weeks. This followed the company's second-quarter earnings report, which showed that it
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The effectiveness of the joint US-Japan intervention has waned, with the Japanese Yen briefly touching 159.39 against the US Dollar, erasing about half of the gains from the previous intervention.
On August 12, the Japanese yen depreciated by 0.1% against the US dollar at one point, reaching 159.39, returning to the 159 level. The recent continuous depreciation of the yen has erased about half
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Oil prices rise as an oil spill near Oman worsens and recent attacks in the Gulf of Oman and Red Sea heighten supply disruption worries
Brent crude futures for October delivery gained 1.01% to $88.09 a barrel, while U.S. West Texas Intermediate futures for September advanced 1.15% to $82.31 per barrel. Oman's coastline is reportedly b
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South Korea's central bank holds over $250 million in US gold ETF, its first gold investment in 13 years
The Bank of Korea (BOK) stated it held 679,765 shares of SPDR Gold Trust, valued at $250.4 million, as of the end of the second quarter.
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"Big Short" Michael Burry's Substack newsletter "Cassandra Unchained" has surpassed 300,000 subscribers, with a theoretical annual income of $113.7 million.
Michael Burry's Substack investment newsletter, "Cassandra Unchained," has surpassed 300,000 subscribers 231 days after its launch. Based on an annual fee of $379, the newsletter's theoretical annual
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Indian Blue-Collar Workers Are Training Humanoid Robots by Filming Their Hand Movements, Potentially Aiding AI in Taking Their Jobs
According to Bloomberg, these workers are strapping cameras to their foreheads to teach robots how humans move, in what is described as AI's latest gold rush.
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Optimism grows for broader Japanese stocks as market cap-weighted Topix hits fresh high, driven by strong earnings in banks and autos despite global chip competition concerns.
Optimism grows for broader Japanese stocks as market cap-weighted Topix hits fresh high, driven by strong earnings in banks and autos despite global chip competition concerns.
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South Korean Stocks Surge 22% in Ten Days, Driven by Chip Rally and AI Trade Rebound
South Korean stocks surged 22% in ten days, driven by a chip rally and a global rebound in the AI trade, putting the benchmark index on track to enter a technical bull market. Heavyweight memory chipm
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CoreWeave Discloses “De-NVIDIA-ization” Risk for the First Time in Regulatory Filing, Yet Q2 Order Backlog Reaches $104 Billion, Stock Price Still Jumps 19%
AI cloud provider CoreWeave, in its quarterly earnings report filed on Wednesday, for the first time listed "abandoning reliance on NVIDIA chips" as a potential business risk, warning that a shift in
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Japan's Corporate Goods Price Index (July) rose 0.1% MoM, 7.2% YoY; Export Price Index fell 0.6% MoM, while Import Price Index rose 0.3% MoM.
Japan's Corporate Goods Price Index (July) rose 0.1% MoM, 7.2% YoY; Export Price Index fell 0.6% MoM, while Import Price Index rose 0.3% MoM.
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BBC reports: In Kingsport, Tennessee, a town that manufactures missiles for the Donald Trump administration, local residents remain steadfast in their support for Donald Trump, despite his national approval rating dropping to 32% due to the Iran war and rising cost of living.
The town's Holston Army Ammunition Plant, which produces explosives for Patriot missiles, warheads, and other heavy weapons, is the sole domestic supplier of certain critical explosive and propellant
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US CFTC cautions prediction market platforms over "deficient" incentive program filings, citing manipulation risks
The U.S. Commodity Futures Trading Commission (CFTC) has issued guidance, expressing concern over an increase in "procedurally or substantively deficient" filings from prediction market firms for ince
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President Donald J. Trump announces the nomination of Federal District Court Judge Lee Rudofsky to the United States Court of Appeals for the Eighth Circuit.
Rudofsky currently serves as a Federal District Court Judge in Arkansas. His previous roles include Solicitor General of Arkansas and Assistant General Counsel of Walmart. He is a graduate of Harvard
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A U.S. Department of Defense review report shows that U.S. military strikes against Houthi rebels in Yemen in 2025 resulted in 153 civilian deaths.
A non-classified review report by the U.S. Department of Defense disclosed that U.S. military strikes against Houthi forces in Yemen in 2025 resulted in 153 civilian deaths and 243 injuries. The repor
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U.S. Defense Secretary Hegseth warned that the International Criminal Court (ICC) might investigate U.S. vessel attacks in Latin America, and called on regional allies to reject ICC jurisdiction.
Speaking in Panama, U.S. Secretary of Defense Pete Hegseth stated that the International Criminal Court (ICC) might investigate U.S. military operations in Latin America, including attacks on suspecte
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Donald Trump Announces “Complete & Total Endorsement” of John Rutherford for Reelection in Florida’s 5th Congressional District
Donald Trump posted on Truth Social, stating that John Rutherford is an "incredible representative" for Florida's 5th Congressional District and praising his stances on law enforcement, border securit
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White House: President Donald Trump signed a National Security Presidential Memorandum authorizing federal law enforcement to use cyber tools to combat transnational cybercrime
The memo directs the National Coordination Center (NCC) for the Homeland Security Investigations (HSI) Cyber Crimes Task Force to develop a plan to conduct specific cyber operations aimed at disruptin
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The White House issued a memorandum instructing the authorization of private companies to combat transnational cybercrime under government supervision.
The White House issued a memorandum directing the National Coordination Center (NCC) to establish a program authorizing "participating companies" to conduct cyber surveillance and cyber influence oper
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White House: U.S. President Donald Trump Declares August 2026 as "National Drug Abuse Primary Prevention Month"
U.S. President Donald Trump issued a proclamation declaring August 2026 as "National Drug Abuse Primary Prevention Month," aiming to protect children, friends, families, and communities from illicit d
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China's National Development and Reform Commission (NDRC) released revised outbound investment rules, requiring investors to report major adverse developments such as technology transfers or equity disposals.
China's National Development and Reform Commission (NDRC) announced on Thursday revisions to its outbound investment rules, aiming to better prevent and mitigate growing overseas risks and protect Chi
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Singapore 2026-10-23 Inflation Rate YoY 2.2%, expected 2.3%, previous 2.3%, below expectations
Singapore 2026-10-23 Inflation Rate YoY 2.2%, expected 2.3%, previous 2.3%, below expectations
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India October 2026 HSBC Manufacturing PMI Flash 54.9, prior 55.1
India October 2026 HSBC Manufacturing PMI Flash 54.9, prior 55.1
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India October 2026 HSBC Composite PMI Flash 56.7, prior 55.9
India October 2026 HSBC Composite PMI Flash 56.7, prior 55.9
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Singapore 2026-10-23 Core Inflation Rate YoY 2%, expected 2.3%, previous 2.2%, below expectations
Singapore 2026-10-23 Core Inflation Rate YoY 2%, expected 2.3%, previous 2.2%, below expectations
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Israeli military: Two assailants killed in a shooting incident near Hebron in the West Bank; forces are searching the area and have imposed a blockade.
Israeli military: Two assailants killed in a shooting incident near Hebron in the West Bank; forces are searching the area and have imposed a blockade.
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Houthi media reports airstrikes on Yemen's Taiz and Amran provinces.
Houthi-affiliated media reported airstrikes in Yemen's Taiz and Amran provinces.
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Bitcoin Core Changes Security Policy, Will No Longer Keep Certain Vulnerabilities Secret as AI Makes Bugs Easier to Find
Bitcoin Core Changes Security Policy, Will No Longer Keep Certain Vulnerabilities Secret as AI Makes Bugs Easier to Find
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Europe's largest landlord, Vonovia, faces the risk of forced acquisition of its Berlin apartments, potentially losing 8 billion euros.
Vonovia, Europe's largest landlord, could face the forced acquisition of 120,000 apartments by the Berlin government, stemming from a new proposal by the state election winner, according to the Financ
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The Israeli military is investigating a reported shooting incident near an intersection in the Hebron area of the southern West Bank, and has dispatched soldiers to the scene.
The Israeli military is investigating a reported shooting incident near an intersection in the Hebron area of the southern West Bank, and has dispatched soldiers to the scene.
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Singapore Exchange CEO Loh Boon Chye plans to step down after a decade in the role.
Singapore Exchange Ltd. CEO Loh Boon Chye is preparing to step down to propel the exchange into its next growth phase, according to Bloomberg Markets.
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Donald Trump's envoy, Mike Waltz, warned Iran that the United States is prepared for a long-term confrontation and emphasized that Tehran must reach a "meaningful agreement" regarding its nuclear program.
Donald Trump's envoy, Mike Waltz, warned Iran that the United States is prepared for a long-term confrontation and emphasized that Tehran must reach a "meaningful agreement" regarding its nuclear prog
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Israel arrests 36 Palestinians in West Bank, attacks on farmers intensify
Israeli forces arrested 36 Palestinians during raids across the occupied West Bank on Thursday, as attacks on Palestinian farmers and their lands intensified during the olive harvest season. The Colon
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AI compute provider CoreWeave's funding gap sparks Wall Street debate: Bernstein estimates $76 billion, Goldman Sachs only $23 billion.
Bernstein analysts on Thursday (October 22) issued a report lowering their price target for AI hashrate leasing firm CoreWeave from $74 to $51, and estimating the company's net financing gap at a stag
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NABEP, the U.S. government's oil partner in Venezuela, is deploying a sixth drilling rig to boost the country's oil production, according to sources familiar with the matter.
NABEP, the U.S. government's oil partner in Venezuela, is deploying a sixth drilling rig to boost the country's oil production, according to sources familiar with the matter.
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Nikkei Asia: Asia's AI data center boom faces "reality check" in public markets, investors skeptical of valuations
Data center companies across Asia are facing increasing scrutiny from investors following setbacks in IPOs in Australia and South Korea, and volatile stock market debuts, Nikkei Asia reported. Investo
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Calpers retreats from Big Tech as AI rally falters
Calpers retreats from Big Tech as AI rally falters
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Japan's core CPI for September rose to 2.1%, exceeding 2% for the first time this year; over 80% of economists expect the Bank of Japan (BOJ) to raise interest rates in December.
Japan's core CPI rose 2.1% year-on-year in September, exceeding the Bank of Japan's 2% target for the first time in nine months, data from the Ministry of Internal Affairs and Communications showed to
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Nomura: AI growth panic replaces inflation narrative, U.S. Treasuries regain hedging function; Thursday's 10-year U.S. Treasury yield plunged over 15 basis points, Nasdaq Composite plummeted 2.6%.
Nomura cross-asset strategist Charlie McElligott noted in his latest report that market drivers have shifted from the inflation narrative to a systemic re-evaluation of AI-driven growth prospects. Thi
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Financial Times: Escalating US-China trade tensions are forcing economies like Mexico to choose sides in trade policy.
Financial Times: Escalating US-China trade tensions are forcing economies like Mexico to choose sides in trade policy.
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Financial Times: AI regulation requires a new model that goes beyond the existing banking framework, emphasizing the need for specialized scrutiny mechanisms for AI technology.
Financial Times: AI regulation requires a new model that goes beyond the existing banking framework, emphasizing the need for specialized scrutiny mechanisms for AI technology.
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The Financial Times warns that U.S. Treasury Secretary Bessent's strategy of leaning into short-term debt poses risks if inflation and debt rise or AI optimism fades.
The Financial Times warns that U.S. Treasury Secretary Bessent's strategy of leaning into short-term debt poses risks if inflation and debt rise or AI optimism fades.
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Chinalco establishes corporate treasury centre in Hong Kong
Aluminum Corporation of China (Chinalco), a state-owned enterprise, has established a corporate treasury centre in Hong Kong to manage its offshore funds, Invest Hong Kong announced on Friday. The new
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Oil prices stabilized near a five-month high, with Brent crude currently at $112.96 per barrel, due to concerns that Houthi attacks on Saudi Arabia could disrupt supply.
Oil prices stabilized after a sharp rise due to concerns that continued Houthi attacks on Saudi Arabia could disrupt global energy supplies. According to Reuters, Brent crude was trading at $112.96 a
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Bitcoin as a Bank Reserve Asset: Real-World Exploration and Controversy
As countries such as the United States, El Salvador, and the Czech Republic incorporate Bitcoin into their national reserves or explore its practical applications in various forms, the debate over whether banks should hold Bitcoin as a reserve asset is intensifying. Proponents argue that Bitcoin's scarcity, anti-inflationary properties, and low correlation with traditional assets make it an effective tool for diversifying risk. However, opponents, represented by the European Central Bank (ECB) and the Federal Reserve, emphasize its price volatility, regulatory uncertainty, and security risks, asserting that it does not yet meet the standards for a reserve asset. This article reviews major global case studies and both sides of the argument, exploring the practical possibilities and challenges of this proposition.
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MetalLB: Core Load Balancing Solution for Bare-Metal Kubernetes with Five Key Highlights
MetalLB is an open-source network load balancer specifically designed for bare-metal Kubernetes clusters, addressing the absence of a native LoadBalancer service type in non-cloud environments. The project is currently in Beta but is widely adopted and considered stable and reliable. This article will delve into MetalLB's definition, its current project status, and its five core highlights, including its unique bare-metal load balancing capabilities, Layer 2 and BGP operational modes, lightweight Kubernetes-native design, cost-effectiveness and flexibility, and dynamic IP address allocation and external advertisement features, revealing its critical role in private cloud and edge computing scenarios.
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Previous, Forecast, Actual: These three numbers in the economic calendar are the market's script.
The economic calendar doesn't predict market trends; it merely answers "when, which country, and what numbers will be released." What truly drives prices is the difference between the actual value and the forecast. This article uses two sets of real data to illustrate how to read previous values, forecasts, and actuals, clarifies three common pitfalls—importance ratings, time zones, and revised figures—and provides a replicable weekly scheduling method.
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From Event to Your Screen: The Four Hurdles a Financial News Alert Must Clear
By the time the news is seen, half the market move has already happened. The problem often lies not in judgment, but in the sequence of information arrival. A financial news flash, from event occurrence to reaching the reader, must pass through four checkpoints: source coverage, deduplication and compression, traceable origin, and multi-language synchronization. This article breaks down this chain and provides three questions for ordinary investors to filter out noise.
Macro
24H Trending
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Asian markets broadly fell: The Hang Seng Index dropped 3.03% to a four-month low, and the Hang Seng Tech Index fell 5%; Brent crude rose 3.2% to $112.27, due to AI concerns and heightened tensions in the Strait of Hormuz.
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Goldman Sachs: Silver Net Longs Fall to Two-Year Low Amid Dual Blows from Dollar Pullback and Weak AI/Solar Sectors
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Middle East Tensions Escalate: Houthis Claim Multiple Attacks on Saudi Arabia, Brent Oil Surpasses $112, Iran Claims to Have Struck Oil Tanker in Strait of Hormuz
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JPMorgan Chase Report: Funding Pressure on New Cloud Vendors Won't Impact AI Infrastructure Cycle; Tech Sector Expected to Have $400 Billion Funding Surplus This Year
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Crypto traders value Indian telecom company Reliance Jio's IPO at approximately $110 billion.
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Barclays plans to cut 5,000 jobs, or about 5% of its total workforce, to boost efficiency and reduce costs through AI, primarily focusing on support functions.
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Ramp Report: 1% of Businesses Account for 80% of OpenAI and Anthropic Spending, AI Dollar Spend Growth Stalls, Paid Penetration Slows
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AI Companies and French Sovereign Debt Face Stress Test: CoreWeave CDS Spreads Exceed 1,000 Basis Points, France's 10-Year Government Bond Yield Breaks 5% for the First Time Since 2002, Moody's to Review France's Rating
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The 10-year U.S. Treasury yield fell by approximately 11 basis points from its previous close, now at 5.04%.
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SoftBank's stock price has halved from its June high, as the market worries about AI financing risks.
Markets Today
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