Macro
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Micron Technology's market cap recently crossed $1 trillion, but its forward P/E ratio is about 7 times next year's earnings estimate, significantly lower than Nvidia's 18 times。
Analysts attribute this valuation gap to the memory market's historical boom-and-bust cycles, which lead investors to apply lower multiples even during periods of strong growth. However, Micron's new
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Second Nord Stream Sabotage Suspect Arrested in Croatia
Second Nord Stream Sabotage Suspect Arrested in Croatia
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US Mortgage Rates Today (Aug 19): 30-year fixed rises to 6.55% (+2 bps), while 15-year fixed and 5/1 ARM ease to 5.87% (-7 bps) and 6.31% (-8 bps) respectively.
According to Zillow lender marketplace data for Wednesday, August 19, 2026, the average 30-year fixed mortgage rate increased by two basis points to 6.55%. Meanwhile, the 15-year fixed rate fell seven
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"Bond King" Jeff Gundlach expressed skepticism about Wall Street's $500 billion investment in artificial intelligence, likening it to asset-backed securities collateralized by bananas.
Jeff Gundlach, founder and CEO of DoubleLine Capital and known as the "Bond King," stated that the $500 billion artificial intelligence investment plan initiated by Wall Street and companies like NVID
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Relativity Networks raises $22 million to bring a faster kind of fiber to data centers
Relativity Networks secured $22 million in SAFE note funding, led by Rhapsody Venture Partners, Bell Ventures Inc., and Faster Than Glass LLC. The company specializes in hollow-core fiber, a technolog
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US DoJ charges 17 Iranians over 'massive' cyber theft campaign, alleging they stole $3.4bn in data for Iranian government
The US Department of Justice (DoJ) stated that 17 Iranians were charged for allegedly conducting a years-long "coordinated campaign" of cyber attacks. The DoJ claims the Iran-based Mabna Institute tar
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Currency strategists warn of mounting dollar risks, citing Treasury concerns, softer U.S. data, and uncertain Fed policy as potential weakening factors.
Despite recent strength, currency strategists believe growing fiscal risks, softer economic data, and uncertainty over Federal Reserve policy could intensify pressure on the U.S. dollar. Saxo's Chief
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Samsung Electronics has raised the prices for some of its advanced process chip foundry services, with increases of up to 15%, in response to the surging demand for AI chips.
Samsung raised its foundry prices for 4-nanometer and 5-nanometer process chips by 10% to 15% in July, and 8-nanometer process prices by nearly 10%, primarily for customers in mainland China and the U
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The 2026 World Robot Conference kicks off in Beijing, with Chinese startups showcasing AI and robot capabilities to boost investor confidence amid a race to go public.
The event features demonstrations such as AI2 Robotics' AlphaBot serving ice cream and kickboxing robots, highlighting real-world applications of their technology.
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BlackRock Says Copper's Upward Trend Can Continue, Citing a Very Tight Market
BlackRock Says Copper's Upward Trend Can Continue, Citing a Very Tight Market
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OpenAI's losses deepen and it falls behind Anthropic, Altman pauses frontier AI training
OpenAI CEO Sam Altman has paused the training of a frontier reinforcement learning AI to enhance safety controls, amidst the company's expanding losses and intensifying competition.
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Goldman Sachs remains upbeat on offshore wealth management despite China's tighter scrutiny, forecasts Standard Chartered wealth fee income to grow 30% by 2026
Goldman Sachs remains upbeat on offshore wealth management despite China's tighter scrutiny, forecasts Standard Chartered wealth fee income to grow 30% by 2026. The Wall Street investment bank also pr
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U.S. Treasury yields pull back from multi-decade highs, with the 10-year note yield falling 2 basis points to 4.686% ahead of FOMC minutes
The 2-year Treasury note yield fell over 2 basis points to 4.154%, while the longer-dated 30-year Treasury bond yield fell over 1 basis point to 5.272% after notching a new 19-year high on Tuesday. Th
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Egypt's bond risk premium has fallen to its lowest level since 2014.
The decline is attributed to record foreign-currency reserves and a vote of confidence from the International Monetary Fund, signaling an easing of the nation's decade-long debt distress.
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Indian corporate profit growth hits three-year high despite "US-Israel war on Iran" impact
India's top 500 companies recorded their strongest earnings growth in three years in the quarter ending June. Robust domestic demand and inventory stockpiling offset the impact of soaring energy price
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European Central Bank (ECB) President Lagarde: Europe's post-war growth model is disintegrating, facing challenges such as trade protectionism, rising energy costs, and geopolitical tensions
European Central Bank (ECB) President Christine Lagarde stated at the World Economic Forum that Europe's post-war growth model is facing disintegration, with its three pillars—expanding global trade,
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UK Inflation Accelerates as Energy Bills Surge
UK Inflation Accelerates as Energy Bills Surge
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Abu Dhabi National Oil Co. (Adnoc) plans to trim crude shipments to Asian customers in August and September, which is already pushing up the price of its flagship Murban oil grade.
Abu Dhabi National Oil Co. (Adnoc) plans to trim crude shipments to Asian customers in August and September, which is already pushing up the price of its flagship Murban oil grade.
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Goldman Sachs research finds AI is starting to weigh on developed economies' labor markets, with call center employment significantly below trend and entry-level workers most affected.
The investment bank's report, published Wednesday, indicates that industries with greater AI exposure have seen slower job opening growth since the second half of 2022, particularly in Germany, Austra
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BTIG analysts warn: U.S. stock market structurally fractured, faces full sell-off once "music stops"
BTIG's Chief Market Technician, Jonathan Krinsky, noted in a report published on Wednesday that the U.S. stock market is experiencing an unprecedented structural divergence, with price movements and m
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South Korean Deputy PM Koo Yun-cheol Pitches Manufacturing and AI Edge to US Investors, Pledging Financial Market Reforms
Deputy Prime Minister and Finance Minister Koo Yun-cheol outlined Korea's growth strategy to US business leaders in Seoul on Wednesday, highlighting opportunities for deeper investment and artificial
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Bank of America survey shows Indian equities replace Indonesia as Asia's least favorite, with the worst performance globally this year.
Bank of America survey shows Indian equities replace Indonesia as Asia's least favorite, with the worst performance globally this year.
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Ethiopia's Currency Sinks as Central Bank Burns Through Dollars
Ethiopia's currency is sinking as its central bank is burning through dollars in an unsuccessful bid to stem the selloff.
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South Korea's government bond yield curve is the steepest since 2021, with the long-short spread reaching a near five-year high.
The spread between South Korea's 3-year and 10-year government bond yields has widened to its highest level in nearly five years. This is primarily due to a global sell-off in long-term securities and
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Eight Months of US-Iran War Turns China Petrochemical Glut Into a Crunch, Setting Stage for Higher Industrial Material Prices
Eight Months of US-Iran War Turns China Petrochemical Glut Into a Crunch, Setting Stage for Higher Industrial Material Prices
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The Australian Securities Exchange (ASX) plans to unveil details of its new strategy in the first half of 2027.
The Australian Securities Exchange (ASX) plans to unveil more details of its strategic transformation in the first half of next year, with CEO Attia developing a roadmap aimed at turning around the st
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The Hong Kong government plans to tender a Sha Tin plot for student accommodation this quarter, which analysts say could attract major developers to the market.
Hong Kong's Secretary for Development, Bernadette Linn Hon-ho, announced on Thursday that two land parcels will be tendered in the October-December quarter, including a 1,100-square-meter site in Siu
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Netanyahu: Israeli Intelligence Warns Iran May Intervene in Next Week's Election
Israeli Prime Minister Benjamin Netanyahu told The Jerusalem Post that Israeli intelligence has warned that Iran and its allies are seeking to influence next week's Israeli elections. He stressed that
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Blackstone Executives Say Concerns About AI Infrastructure Debt Are Overblown
Jas Khaira, Head of AI at Blackstone, stated that market concerns regarding debt related to AI infrastructure development are exaggerated. He noted that despite recent interest rate hikes and a surge
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Saudi Arabia's General Authority of Civil Aviation confirmed an attack on King Fahd International Airport in Dammam, resulting in one death, eight injuries, and material damage.
Saudi Arabia's General Authority of Civil Aviation confirmed an attack on King Fahd International Airport in Dammam, resulting in one death, eight injuries, and material damage.
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Anthropic launches AI agent Claude Duet, capable of continuous background operation and proactive task execution
Anthropic on Wednesday unveiled Claude Duet, a new application positioned as an AI agent capable of running continuously in the background, proactively identifying user needs, and executing work tasks
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Australian superannuation fund UniSuper is avoiding direct investments in data centers, believing the biggest winners from the AI boom will be technology application companies rather than infrastructure builders.
Australian superannuation fund UniSuper is avoiding direct investments in data centers, believing the biggest winners from the AI boom will be technology application companies rather than infrastructu
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Changpeng Zhao warns of a high-severity vulnerability in PHP affecting popular applications like WordPress; a patch was released on October 21.
Binance founder Changpeng Zhao (CZ) issued a warning to users about two high-severity vulnerabilities (CVE-2026-109618 and CVE-2026-109619) discovered in the PHP programming language. These vulnerabil
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Nikkei Asia reports: Gundam maker Bandai Namco's stock surge reflects market AI doubts
Nikkei Asia reports: Gundam maker Bandai Namco's stock surge reflects market AI doubts
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Iranian Deputy Foreign Minister: Iran and China Discuss Strengthening "Global South" Cooperation
According to Iranian Deputy Foreign Minister Kazem Gharibabadi, Iran and China emphasized the necessity of "developing cooperation in the Global South." During Gharibabadi's meeting with Chinese Ambas
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Musk: Optimus robots have begun early production, and most of the production line for 1 million units per year has been installed at the Fremont factory, with major issues expected to be resolved by the end of next year.
Musk: Optimus robots have begun early production, and most of the production line for 1 million units per year has been installed at the Fremont factory, with major issues expected to be resolved by t
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Mexico has accused former Chihuahua Attorney General Cesar Jauregui of treason for allowing U.S. agents to participate in a drug raid within the country in April.
Mexico has accused former Chihuahua Attorney General Cesar Jauregui of treason for allowing U.S. agents to participate in a drug raid within the country in April.
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Positive news from SpaceX, Anthropic, and NVIDIA helped technology stocks shake off their recent slump, with the Nasdaq Composite recovering most of Friday's losses.
Positive news from SpaceX, Anthropic, and NVIDIA helped technology stocks shake off their recent slump, with the Nasdaq Composite recovering most of Friday's losses.
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Japan's Growth Strategy: Short-term focus on chips and video games, medium-term on AI-controlled robotics and hydrogen energy, with a five-year roadmap to be formulated by year-end.
Japan's Growth Strategy: Short-term focus on chips and video games, medium-term on AI-controlled robotics and hydrogen energy, with a five-year roadmap to be formulated by year-end.
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Bolsonaro Advisor: If elected, will grant Petrobras greater freedom but rule out privatization
According to Bloomberg Markets, an energy advisor to Brazilian presidential candidate Flávio Bolsonaro stated that if Bolsonaro wins the presidential runoff on October 25, his administration would gra
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US orders some personnel to leave Saudi Arabia after Houthi attacks, including one on Saudi Aramco oilfield that killed two
The decision comes as two people were killed in a drone attack targeting Saudi Aramco’s Shaybah oilfield.
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Matter Labs launches Prividium Commander, a digital asset control platform for institutions, with revenue going to Matter Labs, not ZKsync token holders.
Matter Labs launches Prividium Commander, a digital asset control platform for institutions, with revenue going to Matter Labs, not ZKsync token holders.
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The TechCrunch Founder Summit will be held on November 4 in Boston, focusing on fundraising, AI-native development, and leadership.
The TechCrunch Founder Summit will be held on Wednesday, November 4, 2026, in Boston, lasting a full day. The event aims to connect founders at all stages with top venture capitalists and experienced
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Gaza Health Ministry: Israeli attacks killed 7 Palestinians and injured 24 in the past 24 hours.
The Gaza Health Ministry stated that Israeli attacks in the Gaza Strip have killed 7 Palestinians and injured 24 others in the past 24 hours. The ministry also noted that since the "ceasefire" took ef
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Meta says its AI app Muse has over 10 million users, with shopping being one of the main activities.
Meta announced during its third-quarter earnings call on Wednesday (October 20) that its AI application, Muse, has surpassed 10 million users. The company noted that users primarily leverage Muse for
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Natural gas prices remain low due to record production and expectations of mild weather, which is anticipated to reduce consumer fuel costs.
Natural gas prices remain low due to record production and expectations of mild weather, which is anticipated to reduce consumer fuel costs.
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Japan will reform its duty-free shopping rules for foreign tourists in November, shifting from tax exemption to a refund system to combat domestic resales. Retailers are concerned the new process may impact demand for high-end goods.
Japan will reform its duty-free shopping rules for foreign tourists in November, shifting from tax exemption to a refund system to combat domestic resales. Retailers are concerned the new process may
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Donald Trump denies ordering slowdown of Starlink services in Ukraine, says he doesn't know if Musk is responsible.
President Trump insisted on Wednesday that he was not involved in the slowdown of SpaceX's Starlink service in Ukraine, and stated he did not know whether Elon Musk was responsible for limiting the cr
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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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Oracle, Meta, and SpaceX credit default swaps (CDS) hit all-time highs, as the market anticipates a surge in AI-related bond issuance in Q4.
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Bain Survey: Chinese Consumers Prioritize Technology in Car Purchases, While Europeans and Americans Still Value Price; Western Automakers Face Dual Pressure
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NextDC's data center project in Australia faces power supply delays due to resident protests, leading to a more than one-third reduction in its FY2027 earnings guidance and a 45% plunge in its stock price.
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Media reports: Amazon Web Services (AWS) has billions of dollars worth of NVIDIA chips backlogged in its warehouses due to power shortages, leading to negative free cash flow.
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Hansoh Pharmaceutical inks up to $15B drug deal with Roche, China's innovative drug out-licensing hits $130B
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King Charles III of the UK praised Oman's peaceful efforts in reopening the Strait of Hormuz.
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NVIDIA Launches Clinical Surgery AI Simulator Cosmos3-H-Dreams
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Indonesian cybersecurity firms are urging the government to increase support for AI talent development and the AI industry to counter the rising tide of AI-driven cyberattacks and online scams.
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Multi-party talks between the US and Ukraine were held in Oslo, Norway, with the Finnish President stating "real progress has been made." Russia hopes to meet with the US envoy on the 21st.
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Ripple has launched institutional-grade 24/7 multi-asset swap contract trading through its Ripple Prime platform, supporting RLUSD stablecoin collateral. However, HSBC warns that market liquidity remains weak.
Markets Today
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