Macro
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U.S. 30-year fixed mortgage rate averages 6.71% as of August 24
The average rate for a 30-year fixed mortgage in the U.S. was 6.71% as of August 24, according to Bankrate's lender survey. This rate is up from the beginning of 2026 and higher than the 2025 average
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Altimeter Capital's Brad Gerstner and ARK Invest's Cathie Wood both held Snowflake (SNOW) and Robinhood (HOOD) shares in their Q2 13F filings.
Gerstner holds 1.9 million shares of Snowflake, accounting for 4.99% of his portfolio; Wood, on the other hand, established a new position, holding 269,539 shares. For Robinhood, Gerstner maintained a
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Semiconductor stocks drag S&P 500, Nasdaq lower as Sandisk, Micron drop sharply on rumors Trump admin may allow Apple to source chips from China's CXMT.
Semiconductor stocks drag S&P 500, Nasdaq lower as Sandisk, Micron drop sharply on rumors Trump admin may allow Apple to source chips from China's CXMT.
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Sustainable Growth Advisers (SGA) Q2 2026 investor letter highlights TSMC as a top contributor to performance
SGA's Global Growth Strategy noted that Taiwan Semiconductor Manufacturing Company Limited (TSM) was a top contributor, with shares supported by sustained demand for advanced logic and compute from cu
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For the first time, the U.S. national debt has exceeded $40 trillion, reaching $40.047 trillion on August 18. The yield on 30-year U.S. Treasury bonds rose to around 5.34%, a new high since 2007.
U.S. Treasury Department data shows that as of August 18, the total U.S. national debt reached $40.047 trillion, double the $19.95 trillion when Donald Trump first took office in January 2017. In the
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Broadcom (Broadcom) raised over $60 billion in debt through a special purpose vehicle (SPV) for AI chip deployment, but its guarantee risk could reach $370 billion in 2029
According to CNBC reporter Kristina Partsinevelos, Broadcom is raising this debt by setting up a special purpose vehicle (SPV) that will purchase AI chips and lease them to clients like Anthropic, the
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German Finance Minister Klingbeil states the surge in bond yields is a result of Trump's war
German Finance Minister Klingbeil states the surge in bond yields is a result of Trump's war
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OpenAI CFO Sarah Friar told employees the company plans to go public in 2027 or sooner, framing the IPO as "another fundraise" for employee liquidity and acquisition currency.
Friar cited internal figures showing revenue run rate up 35% quarter to date and enterprise revenue up 50%, noting that the mix at filing will determine whether OpenAI is priced like an infrastructure
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SGA Global Growth Strategy Q2 2026 Investor Letter: Arm Holdings (ARM) Delivered Strong Growth, But Firm Trimmed Position Due to Valuation
Sustainable Growth Advisers (SGA) stated in its Q2 2026 investor letter that Arm Holdings plc (ARM) was a top contributor to its Global Growth Strategy portfolio, delivering 20% revenue growth and 12%
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Analyst Dan Ives says investors are still underestimating NVIDIA, expecting performance to exceed analyst models by 15-20% in the next 12-18 months.
Dan Ives, an analyst at Wedbush Securities, said the market is underappreciating NVIDIA's "on-premise AI" business, which has already generated $9 billion in revenue and is poised to expand its total
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Zillow settles FTC claims it paid Redfin $100 million to stop competing on apartment listings, agreeing to end the anti-competitive deal
The U.S. Federal Trade Commission (FTC) and five states had argued that the Zillow-Redfin partnership, which involved Redfin winding down its rental listing business and referring customers to Zillow
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Yemen's Houthis say they attacked a vessel off Saudi Arabia's Yanbu; no Saudi confirmation
Yemen's Houthis say they attacked a vessel off Saudi Arabia's Yanbu; no Saudi confirmation
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Guinness Global Innovators Fund reports Lam Research (LRCX) expects strong growth to extend into 2027, driven by accelerating AI spending
In its Q2 2026 investor letter, Guinness Global Innovators Fund highlighted Lam Research Corporation (NASDAQ:LRCX), a leading semiconductor equipment company. The fund noted that Lam Research's manage
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24/7 Wall St. analysts raised their price target for Qualcomm (QCOM) to $226.05, predicting a 41.14% upside over the next 12 months.
The analysis suggests that Wall Street has underestimated Qualcomm's growth potential in non-handset businesses, particularly the automotive sector, which saw revenue grow by 61% year-over-year. Furth
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SpaceX, AST SpaceMobile, and Rocket Lab Shares Fall as Market Wary of Donald Trump's 1,000-Launch Mandate
SpaceX stock fell 3% to $133.48, AST SpaceMobile dropped 3% to $66.85, and Rocket Lab declined 2% to $71.22. This followed President Donald Trump signing a memorandum last Thursday, directing federal
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India is likely to record its lowest monsoon rainfall since 2009, with September rainfall expected to remain below average, according to weather bureau officials.
Officials also expect the monsoon to begin retreating earlier than usual next month. A weaker rainy season could weigh on crop production and potentially increase food-price pressures in the world’s m
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Chinese EV maker Xpeng's robotics unit Dogotix raises US$900 million at US$6.3 billion valuation, aiming to challenge Tesla in embodied AI
Chinese electric vehicle (EV) maker Xpeng announced on Monday that its robotics subsidiary, Dogotix, secured US$900 million in funding from investors including Alibaba Group Holding and IDG Capital. T
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Trump Says Building in the U.S. Will Result in Zero Tariffs
Trump Says Building in the U.S. Will Result in Zero Tariffs
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Ontario Premier Doug Ford says Canada should be ready to cut electricity and critical minerals to the U.S. if trade dispute escalates.
Ontario Premier Doug Ford says Canada should be ready to cut electricity and critical minerals to the U.S. if trade dispute escalates.
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Ontario Premier Doug Ford tells AP that Ronald Reagan would be 'throwing up' over Trump’s trade policies.
Ontario Premier Doug Ford tells AP that Ronald Reagan would be 'throwing up' over Trump’s trade policies.
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The U.S. Treasury General Account balance has increased to approximately $950 billion, which will be used to fund an expanded bond buyback program. The yield on 30-year U.S. Treasury bonds rose to 5.23%, a new high since 2007.
The U.S. Treasury General Account (TGA) balance has quietly surged to approximately $950 billion, nearly double the Biden administration's target of $550-600 billion. According to informed officials,
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Typhoon Narra brings rain and flooding to China and Vietnam
Typhoon Narra brings rain and flooding to China and Vietnam
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Guinness Global Innovators Fund disclosed in its Q2 2026 investor letter that it has added Advanced Micro Devices (AMD) as a new holding.
The fund believes that AMD is well-positioned in high-performance and AI computing, has narrowed the performance gap with NVIDIA, and is poised to benefit from the shift in AI data centers towards mor
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Broadcom's AI revenue reached $10.8 billion in the second fiscal quarter, a 143% year-over-year increase, four times Marvell Technology's revenue for the entire quarter.
Broadcom (AVGO) reported second-quarter revenue of $22.19 billion, a 47.87% year-over-year increase, with AI semiconductor revenue reaching $10.8 billion, up 143% year-over-year. The company's CEO, Ho
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King Charles III of the United Kingdom welcomed the Sultan of Oman on a state visit, praising Oman's peaceful efforts in reopening the Strait of Hormuz.
King Charles III of the United Kingdom welcomed Sultan Haitham bin Tariq of Oman for a state visit, praising Oman's "noble efforts" in helping to reopen the Strait of Hormuz. The Sultan of Oman, at a
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Gold steadies as conflicting Iran signals cloud Fed rate path
Gold held a decline, trading around $4,115 an ounce, as conflicting signals on efforts to end the Iran war clouded the outlook for inflation and the Federal Reserve’s path for interest rates. An unnam
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"Aluminum King" Sonny McNess and Hartree Partners are making a big bet on copper, anticipating short-term supply tightness triggered by Donald Trump's tariffs.
Veteran metals trader Sonny McNess, who previously roiled the London Metal Exchange (LME) with aggressive bets in the aluminum market, is now the chief metals derivatives trader at Hartree Partners LP
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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.
Local time on the 20th, Donald Trump's special envoy, Steve Witkoff, met with Ukrainian President Volodymyr Zelenskyy in Oslo, Norway. The Norwegian Prime Minister, Finnish President, and representati
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Munger's Successor Li Lu: Crypto is Fundamentally Bogus and Will Eventually Disappear, Advocates Banning It
Li Lu, founder of Himalaya Capital and Munger's successor, stated in an October 15 interview at Columbia Business School that crypto is fundamentally bogus and will eventually disappear on its own. He
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Trump administration official met Myanmar leader, removed some figures from sanctions list, signaling a policy shift
A top US official in the Trump administration, Assistant Secretary of State for Intelligence and Research Michael Vance, met with Myanmar leader Min Aung Hlaing last month (September 15-16), the first
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Japan's September exports posted a huge miss as growth slowed to 16.7%.
Japan's September exports posted a huge miss as growth slowed to 16.7%.
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NATO to deploy more patrol aircraft and intelligence personnel to Black Sea after drone attacks
NATO announced it is deploying additional patrol aircraft and intelligence personnel to the Black Sea region following a series of deadly drone attacks. A spokesman stated that allies have or will sen
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Israel's plan to withdraw from southern Lebanon is stalled, with Netanyahu demanding Hezbollah disarm.
Israel's planned withdrawal from the town of Zawtar el Gharbia in southern Lebanon has stalled, with local residents struggling to rebuild their homes amidst ongoing gunfire and drone surveillance. Is
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Liu Jun, President of Industrial and Commercial Bank of China (ICBC): Commercial Banks Bear Heavier Financial and Legal Responsibilities Than Central Banks in AI Deployment
Liu Jun, President of Industrial and Commercial Bank of China (ICBC), stated at the Lujiazui Forum in Shanghai that as AI reshapes the financial industry, commercial banks face a more "painful" transf
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Iranian FM Araghchi: Saudi, Houthis silent on mediation offer, warns on Egypt's intervention
Iranian Foreign Minister Abbas Araghchi stated that neither Saudi Arabia nor Yemen's Houthis have responded to Iran's offer to mediate talks to end their conflict. Araghchi also cautioned that Egypt j
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Anthropic pitches AI safety bill that would require judge's permission to block models
Anthropic has proposed a draft AI safety bill to Congress, which would allow the blocking of AI models if they pose a "foreseeable, imminent risk" of causing over 50 deaths or more than $1 billion in
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Iraq's Prime Minister ordered the indefinite closure of the Shalamcheh border crossing with Iran, effective Wednesday.
An Iraqi government official told Al Jazeera that Iraqi Prime Minister Ali Zaidi has ordered the indefinite closure of the Shalamcheh border crossing with Iran, and several other crossings will be gra
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Smart TV Owners Are 'Vibe Coding' Ads and Tracking Software Out of Their Devices Using AI Agents Like Claude Code, With Over 100 Models Supported
Smart TV Owners Are 'Vibe Coding' Ads and Tracking Software Out of Their Devices Using AI Agents Like Claude Code, With Over 100 Models Supported
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Oil steadied after choppy Tuesday session as traders parsed conflicting headlines on US-Iran war peace efforts.
Oil steadied after choppy Tuesday session as traders parsed conflicting headlines on US-Iran war peace efforts.
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Iran reportedly prolonging US talks to weaken Trump politically before midterms, preparing for renewed attacks
Iran is deliberately prolonging talks with the United States to try to weaken President Trump politically before November’s US midterm elections, according to a news report citing unnamed senior Irani
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Elon Musk: $1T in SpaceX revenue by 2028 is no longer impossible
Elon Musk: $1T in SpaceX revenue by 2028 is no longer impossible
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Houthis media reports three more air strikes on Taiz
Houthis media reports three more air strikes on Taiz
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The U.S. CFTC has released the agenda for its AI Forum, which will explore the impact of AI on trading and agency finance.
The U.S. Commodity Futures Trading Commission (CFTC) Innovation Initiative will hold its first "Frontiers in Finance" series meeting on October 28, focusing on the potential impact of artificial intel
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Iran's Foreign Ministry condemned "interventionist actions" by the United States against Cuba, stating they violate international law.
Iran's Foreign Ministry issued a statement condemning "interventionist actions" by the United States against Cuba, including sanctions and threats and intimidation against Cuban state officials, Al Ja
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Bitcoin Accumulators Offer Higher Yields Amid Rising Rates
Digital-asset treasury companies are providing even higher yields to attract investors and sustain their crypto-buying strategies, indicating the Bitcoin treasury trade remains resilient despite emerg
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Jay Clayton, the U.S. Director of AI Affairs, stated that the AI working group's recommendations on responsible AI development will be released "soon," without providing an exact date. The working group held its first meeting on October 16 and established its operational framework.
Jay Clayton, the U.S. Director of AI Affairs, stated that the AI working group's recommendations on responsible AI development will be released "soon," without providing an exact date. The working gro
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Analyst Mortazavi believes that a war against Iran could strengthen Iranian nationalism rather than lead to regime change, as an external attack would rally the Iranian people around their homeland.
Analyst Mortazavi believes that a war against Iran could strengthen Iranian nationalism rather than lead to regime change, as an external attack would rally the Iranian people around their homeland.
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UK Police Re-Arrest Two Men Suspected of Assisting Iranian Intelligence
British police have re-arrested two men under the National Security Act on suspicion of assisting Iranian intelligence services. The pair were previously arrested in connection with an incident last m
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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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Apple's market capitalization has surpassed $5 trillion for the first time, with analysts divided on the prospects of its "light AI" strategy.
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US spot Bitcoin ETFs see $527M net inflows on Oct 19, led by BlackRock's IBIT
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Wall Street giants collectively "extinguish the fire" for CoreWeave, with Barclays, Goldman Sachs, and JPMorgan Chase all believing that market concerns about the AI capital expenditure cycle are overblown.
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The Iran conflict has prompted global buyers to seek alternative oil supplies, driving a surge in investment and production among oil-producing nations in the Americas.
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【Financial Times】Analysis: The UK government's days are numbered, and Labour's plans to expand the state's role are at odds with an unstable fiscal backdrop.
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APEC Finance Ministers' Meeting highlights Hong Kong's 'super connector' role, say experts
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Debt, AI, and Ukraine dominated IMF-World Bank meetings in Bangkok; China's role receded
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HSBC CEO warns not all data centers are good bets amid AI boom
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Denmark's financial regulator stated that the country's economic growth is expected to slow as the pharmaceutical boom led by Novo Nordisk loses momentum.
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Private credit firm Tikehau is reportedly seeking strategic investors to fuel growth.
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