Global TradFi & Macroeconomics

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

On August 8, Apple raised trade-in prices for multiple iPhone, iPad, Mac, and Apple Watch models, with some devices seeing increases up to 30% and an average increase of 6.6%. The company also expanded its Android device recycling program, adding six new smartphone models including

According to South Korean media reports, SK Hynix plans to launch approximately $71 billion in shareholder returns, including $28.4 billion in stock buybacks. The buyback represents roughly 2% of the company's outstanding shares, comparable to the dilution from its U.S. depositary receipt

SpaceX stock closed up 6.1% at $114.92 on August 6 despite 911.5 million shares unlocking that day, while Gate's tokenized SPCX product logged $332 million and $360 million in trading volume on August 4 and 5. The unlock more than doubled SpaceX's public float from 4.9% to 11.8% of shares

According to Gate data, the platform's tokenized SPCX product logged $332 million and $360 million in trading volume on August 4 and 5, respectively, ahead of SpaceX's largest share unlock since its June IPO. On August 6, when 911.5 million Class A shares became eligible for sale, SPCX stock

According to Bloomberg analyst Eric Balchunas reported by ChainCatcher, spot Bitcoin ETFs recorded net inflows of approximately $1 billion in the week following the Coldcard wallet incident, marking the strongest weekly inflow since April 2026. iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin B

U.S. spot XRP ETFs experienced a sharp decline in institutional inflows as legislative progress stalled, with monthly net inflows plummeting from $131.94 million in May to $27.29 million in July—a 79% drop. The Senate pushed consideration of the Digital Asset Market CLARITY Act past its August 7

Circle Internet Group renewed its USDC distribution agreement with Coinbase on existing terms during the company's second-quarter earnings call. The NYSE-listed stablecoin issuer reported $701 million in total revenue and reserve income for the quarter, up 7% year-over-year, as USDC circulation

As of June 30, 66% of Berkshire Hathaway's equity investments by fair value were concentrated in five companies: American Express, Apple, Bank of America, Alphabet, and Coca-Cola.

According to Korean Investment Securities on August 8, regulatory restrictions on single-stock leveraged ETFs tracking Samsung Electronics and SK Hynix have reduced domestic trading volumes following the implementation of higher margin requirements. However, capital is shifting toward

Berkshire Hathaway repurchased approximately $4.5 billion in treasury shares during the second quarter. As of June 30, the company had 1,436,193 Class A equivalent shares outstanding.

Berkshire Hathaway disclosed its insurance float totaled approximately $177.5 billion as of June 30, according to the company's financial filings.