Global TradFi & Macroeconomics

The U.S. Food and Drug Administration approved Revolution Medicines' RASONQUE on Wednesday for adults with metastatic pancreatic cancer who have tried chemotherapy or cannot take multi-drug regimens. The approval drew attention to Sellas Life Sciences' experimental drug SLS009, which is in

The FDA approved Revolution Medicines' (RVMD) Rasonque on Wednesday (August 27) for metastatic pancreatic cancer in patients previously treated with chemotherapy. In pivotal trials, patients on the once-daily pill achieved median survival of 13.2 months versus 6.7 months on standard chemotherapy, re

According to Jin10, Australia's Qantas Group reported on August 27 that its fiscal 2026 after-tax profit fell over 19% year-on-year to 1.29 billion AUD for the year ending June 30, as geopolitical tensions in the Middle East pushed up jet fuel prices. Pre-tax profit declined 13.8% to 2.06 billion AU

According to BeInCrypto, Michael Burry has increased his short position in Nvidia and purchased call options expiring in December with strike prices around $200 as a hedge ahead of the chip maker's earnings report. Burry stated the options are not a bullish bet but are funded by existing short and p

According to ChainCatcher, silver (XAG) reached an intraday high of $69.76 and is currently trading at $69.30. Gate's XAG futures contract open interest stands at $72.83 million, securing the second position among major platforms, according to CoinGlass

According to Morgan Stanley's August 25 report, Semtech's second-quarter data center revenue reached $100 million, up 39% quarter-over-quarter and 91% year-over-year, driven by strong 800G FiberEdge and faster-than-expected 1.6T FiberEdge certification. Morgan Stanley raised its price target

Shares of Nike Inc. (NKE), Dick's Sporting Goods, Inc. (DKS), and Greenland Mines Ltd. (GRML) tumbled to 52-week lows on Wednesday following weak company catalysts, Wall Street price target cuts, and a large public offering. NKE stock fell more than 2% at close after Dick's Sporting Goods

The Bank of Korea's Monetary Policy Committee raised the base rate by 25 basis points to 3.00% from 2.75% on August 27, but committee member Hwang Geon-il cast a dissenting vote to hold the rate at 2.75%. This marks the first dissenting opinion against a rate hike decision in approximately three

According to the Bank of Korea, the central bank's monetary policy committee raised its benchmark interest rate by 25 basis points to 3.0% on August 27, citing elevated growth and persistent inflation risks. The BOK simultaneously raised its 2026 economic growth forecast to 3.3% and 2027

Anthropic is preparing to pitch investors on a total addressable market exceeding $30 trillion as the artificial intelligence developer moves toward an initial public offering, according to The Wall Street Journal. The Claude maker could seek a valuation as high as $2 trillion and raise as much as $

South Korea's KOSPI index retreated from near the 7,000 level this morning following the Bank of Korea's base rate hike, narrowing earlier gains and trading around the 6,900 mark. The index had climbed more than 2% at the open, buoyed by strong Nvidia earnings, but losses in the broader market

According to Glassnode's latest report published Aug 27, Bitcoin's 26% rebound since mid-August faces a critical test at the $81,000-$86,000 supply zone. The rally was triggered by the largest single-day short liquidation since 2019 on Aug 19, alongside spot ETF net inflows of $2.23 billion for the

SpaceX stocks rose over 1% overnight late Wednesday after Deepwater Asset Management's Gene Munster estimated that Elon Musk's rocket maker now accounts for about 5% of Nvidia's revenue. Munster's calculation, based on Nvidia's second-quarter revenue of $96.2 billion, implies nearly $4.8 billion

Apple Inc. is projected to ship over 10 million foldable iPhones within the first year of launch, according to market research firm International Data Corporation (IDC). The tech giant will debut its first foldable smartphone on September 9 at an event held at the Steve Jobs Theater in Apple Park. I

CrowdStrike (CRWD) shares surged 12% in after-hours trading on Wednesday after the cybersecurity firm posted quarterly results for the three months ended July 31 and raised its full-year growth forecast. The company upgraded its net new annual recurring revenue (ARR) growth target to 34% at the

Salesforce Inc. (CRM) shares soared 13% in after-hours trading on Wednesday. The cloud software vendor reported second-quarter results and issued guidance that surpassed Wall Street projections. The company reported adjusted earnings per share of $5.90, up 103% year-on-year and above the $3.27

Okta Inc. (OKTA) reported second-quarter financial results on Wednesday that exceeded Wall Street estimates, with the fiscal quarter ending July 31 delivering revenue of $805 million, an 11% year-over-year increase that beat the $793 million consensus estimate. The identity management company