Global TradFi & Macroeconomics

According to Axios, Trump Media and Technology Group (TMTG) terminated its multibillion-dollar cryptocurrency treasury agreement with Crypto.com today. TMTG, Crypto.com, and special purpose acquisition company Yorkville Acquisition Corp jointly agreed to abandon the CRO treasury venture announced in

According to Grayscale's Q2 2026 10-Q filing with the SEC on August 7, the Grayscale Chainlink Trust ETF (GLNK) reported net assets of $72.2 million as of June 30, down sharply in dollar terms after Chainlink (LINK) declined 18% during the quarter. The fund holds 10,030,901.11 LINK tokens,

According to Bloomberg, SK Hynix is evaluating options for its Chongqing semiconductor facility, including bringing in investors to accelerate business growth, with a potential valuation around $3 billion. The company is in early-stage discussions with potential advisors and Chinese funds or

According to BlockBeats, on August 8, Berkshire Hathaway ended its 14-quarter net-selling streak with approximately $20 billion in net stock purchases during Q2, marking a significant shift in capital allocation. Cash reserves fell to $365.51 billion from $397.4 billion in Q1, reflecting the

On Friday (August 7), SaaS stocks delivered divergent results during earnings season. Atlassian surged 35.31%, Twilio jumped 24.89%, and Five9 gained 19.81% after beating earnings expectations, while HubSpot lagged with just a 3.96% gain. Atlassian reported Q4 revenue of $1.77 billion, beating

According to BlockBeats, U.S. Vice President Vance said on August 8 that Iran negotiations have made progress over the past few days. Vance noted that talks are focused on maximizing oil and natural gas production in the Strait of Hormuz and seek an Iranian commitment to refrain from firing on

AI stocks and major US indices surged this week, with the Dow Jones Industrial Average and S&P 500 both touching record highs as investors processed corporate earnings and a surprisingly weak July jobs report. The Dow closed at a record Wednesday and finished the week up 3%, while the S&P 500

According to Annex Wealth Management chief economist Brian Jacobsen and other Wall Street analysts, U.S. non-farm payrolls fell unexpectedly by 23,000 in July, with June gains revised down sharply to 20,000 from 57,000, while unemployment declined to 4.1% from 4.2%. Futures markets lowered the

According to the U.S. Bureau of Labor Statistics, nonfarm payrolls unexpectedly declined by 23,000 on August 7, revealing a cooling labor market. The surprise decline eased investor concerns about potential Federal Reserve interest rate hikes, with markets pricing in a higher probability of a

According to Bloomberg, Turkey's Coast Guard is restricting commercial vessel transits to the Black Sea due to escalating attacks by Russian and Ukrainian forces in the region. The authority has instructed ships heading to Russia's Novorossiysk, a key oil and grain export hub, that transit permits

T. Rowe Price, a $1.9 trillion asset manager, launched its T. Rowe Price crypto ETF (ticker: TKNZ) in mid-July, marking the industry's first actively managed multi-token spot crypto ETF. The fund includes dogecoin at 1.26% allocation alongside bitcoin and ether, which together comprise roughly 60% o

Wells Fargo chief economist Tom Porcelli expects the Federal Reserve to hold its benchmark rate at 3.50% to 3.75% through 2026, challenging a hawkish turn across Wall Street where several major banks now

According to Wells Fargo chief economist Tom Porcelli in a CNBC interview, he opposes market expectations for Federal Reserve rate hikes in 2026, expecting the central bank to hold rates through the year. Porcelli argued that current inflation stems from tariffs and energy—both supply shocks the Fed

According to CoinDesk, T. Rowe Price's newly launched Active Crypto ETF (TKNZ) includes Dogecoin (DOGE) in its portfolio. The fund's digital assets head, Blue Macellari, stated that including mature meme coins reflects investment merit rather than trend-chasing, and active management requires

According to analyst Jukan from Citrini, Demis Hassabis, DeepMind co-founder, had planned to leave Google alongside co-founder David Silver, but Google management persuaded him to stay in a modified capacity due to concerns his departure would trigger a stock price decline. Hassabis has agreed to ta

According to the U.S. Bureau of Labor Statistics, on Friday August 7, the yen surged against the dollar after July nonfarm payrolls unexpectedly fell by 23,000 people versus economists' forecast of 80,000 job gains. USD/JPY dropped 1.1% to 157.16 yen before paring losses, moving sharply away from Ju

On August 7, Guizhou Tyre announced it received $11.98 million in tariff refunds and interest from U.S. Customs and Border Protection through its overseas subsidiary. In July, Chinese listed companies including Huahai Pharmaceutical, Hongli Technology, Kainen Health, and Dongarrow Technology

According to Reuters, AI Financial Corp, backed by the Trump family's WLFI financial holding, has sold its Canadian subsidiary ALT5 Sigma Canada to New York-based Prime Delta. The deal includes $12 million in secured promissory notes, with $1 million due next week and the remainder paid in

According to reports from Agence France-Presse, the Pentagon announced on August 8 that it will provide a $400 million conditional loan to Australian mining company Sunrise Energy Metals to construct the world's first major scandium extraction facility. The mine will be located in Fifield, New

Under Armour (UAA-US) reported Q1 fiscal 2027 earnings on August 7, with revenue declining 3% year-over-year to $1.1 billion, falling short of analyst expectations of $1.11 billion per LSEG. The sportswear maker returned to profitability with net income of $545,000 compared to a $2.61 million loss a