Global TradFi & Macroeconomics

According to reports from South Korean brokerages on August 6, DB Securities raised SK Telecom's target price to 125,000 Korean won from 110,000 won, a 13.6% increase. Factoring in the company's estimated 4 trillion won stake in AI company Anthropic, the stock could rise an additional 34%,

On August 5, 2026, Alphabet (GOOL) experienced sharp market-cap turmoil. GOOL shares fell more than 7% intraday before closing at $360.13, down 4.03%. Based on a total market cap of approximately $4.43 trillion, nearly $190 billion in market cap evaporated in a single day. The direct trigger for the plunge was a sudden leadership reshuffle at Google DeepMind: Nobel laureate and DeepMind CEO Demis Hassabis announced that he would step down from day-to-day operating duties, while Jeff Dean, Google

Western Union (NYSE: WU) stock is drawing market attention after the company announced on Aug. 5 that it had partnered with stablecoin infrastructure provider Rain to launch “Stablecard,” a stablecoin payment product that combines a digital wallet with a Visa card and uses the U.S. dollar stablecoin USDPT on the Solana blockchain. The initial rollout is available in 37 markets, with the goal of expanding to more than 60 markets by year-end. Stablecard Features: USDPT Digital Wallet with Visa Wes

According to China Gold Association, the country's gold consumption reached 511.4 tons in the first half of 2026, representing a year-over-year increase of 1.23%.

According to China Gold Association, domestic gold production fell 14.62% year-over-year to 152.908 tons in the first half of 2026, while consumption increased 1.23% to 511.412 tons. Imported raw material gold production rose 4.62% to 77.080 tons. Within consumption, gold bars and coins

According to Jin10, Federal Reserve official Beth Daly expressed full support for the Fed's decision to hold rates steady last week. Daly stated that with inflation significantly above the 2% target, the central bank needs to gather more data before determining its policy path forward. She

According to multiple brokers, the dollar-won spot MAR (market average rate) bid on Seoul's forex market stood at par level ahead of market open on Aug 6. The NDF (non-deliverable forward) fixing position remained square, indicating a neutral positioning for regional market participants heading

Shopify (NASDAQ: SHOP) shares surged approximately 26% in premarket trading after the release of its Q2 2026 results. Overall Q2 results beat market expectations across the board: revenue was $3.58 billion, up 34% year over year; GMV was $115.57 billion, up 32% year over year. Management issued Q3 2026 guidance, projecting a growth rate of approximately 30% or more, higher than the growth expectation of over 20% last quarter. Overview of Shopify's Key Q2 2026 Financial Metrics According to a rep

According to Vanda Research data, SpaceX (SPCX) stock plummeted 13.61% on Wednesday, August 5, amid concerns over AI spending, yet retail investors remained aggressive. In the first trading hour alone, individual traders net-purchased $22.7 million worth of SpaceX shares—the third-largest single-hou

The US Treasury's intervention to purchase Japanese yen, while officially aimed at stabilizing a key ally's currency, effectively underpinned Wall Street's record-breaking rally, The New York Times reported on the 5th (US local time). The S&P 500 index reached an all-time high following the

According to New York Times, on August 5, the U.S. Treasury's joint intervention in the foreign exchange market to support the Japanese yen helped stabilize U.S. Treasury yields and bolster the S&P 500 index, which reached an all-time high of 7,793.68 during intraday trading. The intervention

According to Yonhap Infomax, Eli Lilly (NYS:LLY) stock rose 4.86% to $1,169.86 on August 5 (ET) after the pharmaceutical giant reported strong second-quarter results. The company's Q2 revenue surged 48% year-over-year to $23 billion, driven by blockbuster weight-loss drugs Mounjaro and Zepbound,

According to Coinbase's Q2 staking report, the exchange's Solana node operations held 41.63 million SOL with yield rates exceeding the network average. The report highlights stable performance metrics for the second quarter

According to Korea Exchange, Korea Zinc surged 13.97% to 1.248 million won as of 10:40 a.m. on August 6, after posting record half-year earnings yesterday. The company achieved cumulative consolidated revenue of 12.445 trillion won for the first half of 2026.

BTIG analyst Jonathan Krinsky warned current US stock patterns match the 2000 dotcom bubble peak, according to a CNBC report on local time. The S&P 500 rose over 5% in four days while hitting a 52-week high—a pattern seen only three times in 30 years: April 23 1999, March 21 2000, and

According to CNBC, the S&P 500 hit a new 52-week high yesterday (August 5) after surging over 5% in just four trading days—a move that has occurred only three times in the past 30 years, according to BTIG's senior market technician Jonathan Krinsky. Microsoft, meanwhile, rallied approximately 27% ov

SK Hynix stocks dropped over 9% in early trading, while the KOSPI index fell as much as 5%. At 10:29 AM, the KOSPI traded at 6245.73, down 5.35% from the previous session. The decline followed pre-market trading on Nexttrade where 11 shares of SK Hynix were executed at the lower limit of 1,168,000 w

According to Jin10, on August 6, Japanese ruling Liberal Democratic Party officials proposed tapping the Bank of Japan's 37 trillion yen in ETF holdings to fund planned consumption tax cuts. Senior lawmaker Yamaji Daishiro suggested accelerating the pace of ETF sales, which currently proceeds at 330

According to market data, Hong Kong's Hang Seng Index opened 248 points lower (0.96%) today at 25,667 points, breaking below the 250-day moving average at 25,730. The Mainland Enterprises Index fell 48 points (0.56%) to 8,555, while the Tech Index declined 48 points (0.99%) to 4,884. Tech stocks br

Western Digital (NASDAQ: WDC) stock fell 5.10% at the close on August 5, underperforming the Technology Equipment sector. Key factors weighing on the stock included NAND flash memory supply catching up with demand, growing concerns about a cyclical peak, and uncertainty over the allocation of approximately $13 billion in total debt between the two entities amid the ongoing spin-off of the flash memory and hard drive businesses. WDC Fell 5.10%, While the Technology Equipment Sector Fell 0.03% Wes