Global TradFi & Macroeconomics

According to Bitget market data, U.S. crypto-linked stocks showed mixed performance over the past 24 hours on August 17-18. Strive (ASST) led gains with a 2.66% increase, followed by MicroStrategy (MSTR) up 0.89%. BitGo (BTGO) saw the steepest decline at 3.37%, with Circle (CRCL) down 2.28%,

According to Baidu's August 18 earnings report, the company's Q2 revenue declined 4% year-over-year to 31.33 billion yuan, missing Wall Street estimates, while net income plummeted 68% to 2.32 billion yuan. Online marketing services revenue fell 19% to 13.1 billion yuan amid weakness in China's

According to MSX.COM data, Fabrinet tumbled over 14% after earnings today, leading a broader selloff in the optical communications sector. Coherent, Credo Technology, and Marvell Technology fell over 7%, 7%, and 6% respectively, while Lumentum and Corning declined over 4%. Fabrinet reported Q4

According to Bank of America, reported by Guru Club on August 18, Nvidia appears undervalued, with its current stock price potentially trading at a discount of up to 50%.

According to Bybit data, the Philadelphia Semiconductor Index fell 5% on August 18. Marvell Technology (MRVL.O) dropped over 7%, while Arm (ARM.O) and Intel (INTC.O) each fell nearly 7%. Micron Technology (MU.O) declined 5.7%, and Nvidia (NVDA.O) shed over 2%.

According to New York Fed data, the Secured Overnight Financing Rate (SOFR) rose to 3.66% on August 17, up from 3.62% the previous trading day. The effective federal funds rate remained flat at 3.63% on the same day.

Kraken launched commission-free trading in more than 7,000 U.S.-listed stocks for eligible customers across the European Economic Area. The service is available through Kraken Pro and the Kraken mobile app, allowing customers to trade conventional shares alongside over 700 xStocks—Kraken's

According to its interim results announcement, GXH Holdings (08629) reported revenue of 47.0 million yuan for the six months ended June 30, 2026, up 88.3% year-over-year, with profit attributable to shareholders of 3.15 million yuan, up 133.3% year-over-year. Basic earnings per share reached 0.09 yu

Spot palladium fell below $1,300 per ounce today, declining 2.07% during intraday trading on August 18.

According to PANews, on August 18, Securitize (NYSE: SECZ) and global asset manager Neuberger announced the launch of Neuberger Securitize High Income Tokenized Fund (HINC), marking Neuberger's first tokenized fund sub-advisory role. The fund invests in high-yield bonds, CLO, and leveraged loans,

According to Hong Kong Exchanges and Clearing disclosure reported by China Finance News, Tianjin Chenxing Technology Co., Ltd. (formerly Atomo Robotics) resubmitted its application for listing on the Hong Kong Stock Exchange main board on August 18, with Huatai International as the sole sponsor.

U.S. optical communications sector stocks declined on August 18. Coherent dropped approximately 7%, Credo fell about 6%, Marvell Technology declined roughly 5%, while Lumentum and Corning each fell around 4%.

According to its interim financial report, CITIC Securities (06066) recorded total revenue and other income of 23.087 billion yuan for the six months ended June 30, 2026, up 41.81% year-on-year. Net profit attributable to parent company shareholders reached 7.639 billion yuan, surging 69.44% YoY,

Guotai Kaishang (02611) announced its interim results for the six months ended June 30, 2026, with net profit attributable to shareholders of 20.26 billion yuan, up 28.74% year-over-year. Total revenue and other income reached 66.853 billion yuan, increasing 47.15% compared to the same period last year. The company declared a cash dividend of 3.0 yuan per 10 shares. As of June 30, 2026, total assets stood at 2.502178 trillion yuan, up 18.34% from year-end 2025.

According to its filing, Shao Brothers Holdings (00953) issued a profit warning for the first half ended June 30, 2026, predicting the group's net loss attributable to shareholders will be at least 9 million yuan, compared to a profit of 7 million yuan in the same period of 2025. Revenue is

According to its announcement, Bovismart Holdings Limited (01204) expects net profit for the six months ended June 30, 2026 to increase by at least 50%, compared to approximately HK$0.8 million for the same period in 2025. The growth was driven by increased revenue from enterprise IT solutions,

On August 18, U.S. stock market open saw mixed ETF performance: energy and healthcare ETFs rose over 1% each, while semiconductor ETF fell over 3% and global technology stock index ETF declined over 2%.

Baidu ADR declined 10% today, marking its largest single-day drop since June 5.

According to Zhitong Finance, Ronghuai Holdings (08213) announced today that its indirect subsidiary is negotiating to acquire a 51% stake in a Chinese restaurant operator in Shenzhen's Nanshan District. The target restaurant specializes in Cantonese Shunde cuisine and is already in

According to Bitcoin Magazine, BlackRock reaffirmed its bullish stance on Bitcoin recently, even as BTC has declined roughly 50% from its all-time high. The asset manager said its core investment thesis for Bitcoin as an "emerging global currency alternative" and "unique portfolio diversification to