Global TradFi & Macroeconomics

According to Bleeping Computer, Broadcom's (AVGO) shares dropped 6% on Friday, marking their worst fall in over two months, after the security firm reported hackers were actively exploiting a critical VMware vulnerability to gain persistent remote access to systems. VMware forms the core of Broadcom

The USD/JPY exchange rate declined 0.14% to 159.074 yen at 1:52 PM in the Tokyo forex market, according to Yonhap Infomax. The yen strengthened as market participants sold dollars and bought yen amid expectations of an early interest rate hike by the Bank of Japan (BOJ). Export companies and

According to Yonhapinfomax, the USD/JPY exchange rate fell to 159.074 yen on August 17 in Tokyo, down 0.14% from the previous close, as expectations of early rate hikes by the Bank of Japan (BOJ) drove dollar selling and yen buying. The currency pair declined throughout the morning session, with exp

According to Bloomberg, Chinese robotics startup Robotera is preparing for a Hong Kong IPO with target fundraising of $800 million to $1 billion. The company's investors include HSG and CDH Investments (Dinghuei Ventures). The IPO comes as robotics companies increasingly pursue Hong Kong listings.

Michael Burry warned about Big Tech AI spending risks after a WSJ analysis found nine technology companies had accumulated approximately $3 trillion in off-balance-sheet commitments, stating he had highlighted these concerns months earlier. The 'Big Short' investor shared the WSJ report on X,

Harvard University disclosed a $2.2 billion stake in SpaceX in a Friday regulatory filing, making the rocket maker Harvard's largest individual holding within its $4.3 billion U.S.-listed equity portfolio. SPCX shares rose over 1% overnight late Sunday following the disclosure. Mizuho reiterated

US stock futures traded mixed Sunday night ahead of quarterly earnings from major retailers including Walmart Inc., Target Corp., and Home Depot, Inc. this week. The S&P 500 and Nasdaq are coming off three consecutive weeks of gains, with the S&P 500 notching fresh record highs in recent sessions, w

Goldman Sachs disclosed nearly $75 million in combined holdings across Capricor Therapeutics (CAPR), Sellas Life Sciences (SLS), and ImmunityBio (IBRX) at quarter-end, positioning the investment firm behind three biotech companies approaching major FDA, clinical-trial, and commercial milestones. The

Dan Niles, founder of Niles Investment Management, stated the AI infrastructure rally has at least a year to run despite recent market volatility, citing the impact of agentic AI following the January 30th launch of OpenClaw. Niles pointed to cooling inflation measures, consumer sentiment

Micron Technology stock rose 1% in overnight trading late Sunday after gaining 10.7% over the past week to $971.66, with traders watching for a return to the $1,000 mark. Commerce Secretary Howard Lutnick said over the weekend that the U.S. government does not want Apple to source memory chips

According to a recent Wall Street Journal analysis, nine technology giants—Alphabet, Amazon, Meta, Microsoft, Oracle, Nvidia, Broadcom, SpaceX and Advanced Micro Devices—have disclosed approximately $3 trillion in off-balance-sheet commitments for AI

T-Mobile US Inc. (TMUS) received a downgrade from Wolfe Research analyst Peter Supino to 'Peer Perform' from 'Outperform' without a price target, despite the stock tracking toward a second consecutive month of gains in August. The analyst said in a note, according to TheFly, that the stock's bull

According to Goldman Sachs' quarterly disclosure, the Wall Street firm increased its combined stakes to approximately $75 million across three biotech companies at quarter-end. Goldman raised its Capricor Therapeutics (CAPR) position to 73%, or 1.58 million shares worth $38 million, added 5.2% to

According to Harvard University's regulatory filing disclosed on Friday, SpaceX shares rose over 1% overnight on Sunday (August 17) after the university revealed a $2.2 billion stake in the company. SpaceX was Harvard Management's largest individual holding within its $4.3 billion U.S. equity

Micron Technology stock rose 1% in overnight trading late Sunday, reaching $971.66 after gaining 10.7% over the past week, as traders watch for a potential return to the $1,000 level. The rally comes amid discussions between Apple and the U.S. government over memory chip procurement. Commerce

According to BlockBeats, on August 17, the U.S. Federal Reserve's July FOMC minutes, August PMI, and earnings from major retailers including Walmart and Target are due this week. Recent U.S. CPI, PPI, and retail sales data came in weaker than expected, with market pricing for a September rate hike d

According to Shanghai Futures Exchange data released on August 17, copper futures warehousing receipts surged to 55,292 tonnes, up 21,616 tonnes from the previous trading day. Aluminum futures receipts stood at 295,845 tonnes, down 1,998 tonnes. Silver futures receipts increased to 1,356,352

According to Shanghai Futures Exchange data released on August 17, fuel oil warehouse inventory declined by 15,000 tonnes to 20,420 tonnes compared to the previous trading day. Other energy and chemical futures inventory positions, including crude oil, bitumen, pulp, and coated paper, remained

US strategic petroleum reserves have fallen to 298.7 million barrels, the lowest level since January 1983, amid a prolonged Iran situation. The reserves have declined by over 100 million barrels compared to levels in late February, according to iM Securities analyst Park Sang-hyun. The analyst

China's crude steel production declined 3.6% year-over-year to 76.93 million tons in July, while steel product output fell 4.1% to 116.46 million tons, according to production data.