Global TradFi & Macroeconomics

Elon Musk announced on the 4th local time that SpaceX will exclusively use NVIDIA chips for artificial intelligence infrastructure, causing AMD stocks to plunge 7% on the 5th while NVIDIA stocks rose 3.4%. Musk stated during a SpaceX earnings conference call that the company decided to build an excl

According to Chosun Biz Money Move, KOSDAQ-listed SomeAge withdrew its capital increase plan on August 6, just one day before the shareholder subscription deadline. The withdrawal may result in the company's designation as a managed stock and increased risk of

According to Reuters, on August 4, Elon Musk declared SpaceX will build AI infrastructure exclusively with Nvidia chips, citing Vera Rubin architecture as superior. The announcement reversed prior plans for multi-chip deployment. On August 5, Nvidia stock rose 3.4% while

L&C Bio Co., Ltd. (290650.KQ) shares jumped nearly 12% Thursday on plans to develop a facial filler made from donated human fat, targeting the gaunt appearance some users of GLP-1 drugs develop after rapid weight loss. The KOSDAQ-listed stock reached 64,600 won intraday, up 11.76%, extending a

Ukrainian President Zelenskyy confirmed on August 6 that Ukrainian armed forces conducted long-range strikes against Russian oil refineries and vessels in the Black Sea. The strikes targeted facilities within Russian territory and military assets in the Black Sea

According to Yahoo Finance, L&C Bio (290650.KQ) shares jumped 11.76% to 64,600 won on Thursday, with a five-day gain of roughly 24%, after the South Korean biotech firm announced plans for MegaAdipoECM, a treatment using donated human fat to address facial volume loss caused by GLP-1 weight-loss

On August 5 Beijing time, as the U.S. July ADP employment report was released, the labor market sent an unexpectedly weak signal, once again disrupting global financial markets’ pricing of the Fed’s policy path. As the “gold standard” for gauging the health of the U.S. economy, NFP data is not only a short-term catalyst for U.S. Treasury and dollar movements but also a key variable determining the direction of global risk-asset valuations. Against the backdrop of the ongoing debate within the Fe

According to The Block, Coinbase on August 6 launched 24/5 trading for nearly 4,000 U.S. stocks to eligible UK users, offering zero commissions and fractional shares with a minimum investment of 1 GBP. Trading can be funded instantly via British pounds or USDC, with shares held in custody by Apex

Memory chip stocks extended losses in U.S. pre-market trading on August 6. SK Hynix dropped over 5%, Micron Technology fell nearly 3%, SanDisk declined over 8%, and Western Digital fell close to 12%.

According to Jin10 Data, on Aug 6, Shanghai Gold Exchange announced the delay compensation fee direction for its T+D products: Au(T+D) and Ag(T+D) both shifted to short-pays-long settlement model.

According to Singapore's Enterprise Singapore (ESG), light distillate oil inventories rose by 455,000 barrels to 13.539 million barrels for the week ending August 5, reaching a 5-week high.

Italy's seasonally adjusted industrial output declined 1% month-on-month in June, falling short of the forecasted 0.3% growth and compared to a 0.3% decline in the prior month.

According to Barron's, SpaceX released its second-quarter financial results on August 5, revealing a significant increase in AI infrastructure investments. The company's Q2 AI capital expenditure reached $15.8 billion, compared to $749 million in the same period last year. AI compute capacity

According to its latest earnings call on August 6, SanDisk (SNDK-US) forecasted that data centers will represent approximately 50% of the global NAND Flash market by 2027, driven by surging demand from AI inference workloads. The company said customers are ordering faster than it can expand

Italy's working-day adjusted industrial output declined 0.6% year-over-year in June, falling below the expected 1.1% growth and down from 1.1% in the prior month.

According to Jin10, on August 6, Saudi Aramco lowered Arabian Light crude prices for Asian customers set for September delivery by 50 cents per barrel to 2 dollars below the regional benchmark. The price cut comes amid negotiations on an agreement aimed at easing shipping pressure in the Strait of

Korea Investment & Securities forecasted that corporate tax interim payments in August will reach approximately 46 trillion won or more, driven by improved semiconductor sector earnings in the first half. Analyst Moon Da-woon stated that this represents a significant increase compared to typical Aug

South Korea's Trade Minister Yeo Han-koo held a virtual meeting with UK's newly appointed Trade Secretary Anas Sarwar on August 6 to discuss bilateral trade concerns. The meeting addressed South Korea's energy security concerns regarding the UK's planned full ban on Russian liquefied natural gas

According to South Korea's Ministry of Trade, Industry and Energy, today (August 6) the country's chief trade negotiator raised concerns during a video call with UK's new Trade Secretary Anas Awal regarding London's planned sanctions on Russian liquefied natural gas (LNG). South Korea expressed

According to Yonhap Infomax, Daiwa Securities Korea will hold a seminar on Japanese government bonds on September 3 at 1:30 p.m. at the IFC hall in Seoul. The event comes as the Bank of Japan enters a rate-hike cycle, expected to increase domestic demand for Japanese bonds. Katao Masahiko, Deputy D