Global TradFi & Macroeconomics

General Motors reported Q2 earnings on July 21 with adjusted earnings per share of $3.57, beating forecasts of $3.19-$3.20, driven by strong pricing on high-margin pickup trucks and SUVs and improved North American profit margins rising to 8.6% from 6.1% year-over-year. However, net income

According to sources, two Indian state-owned refiners halted loading of crude oil from Iraq on July 21 due to heightened security risks in the Strait of Hormuz. India Oil Company abandoned plans to load the supertanker Lila Jamnagar, which can carry approximately 2 million barrels of crude. The

Grayscale has filed an application with the SEC to launch the first spot Worldcoin ETF in the US, according to its S-1 filing. The fund is planned for Nasdaq listing under the ticker symbol GWLD and will hold WLD directly. Following the announcement, WLD price surged approximately 4-5% during the da

According to Bloomberg, Kalshi, a prediction market platform, has applied to the U.S. Commodity Futures Trading Commission (CFTC) to launch gold-linked perpetual futures contracts.

According to Zhitong Finance, Xinwei Medical Co., Ltd. (06609) on July 21 guided first-half 2026 revenue of at least RMB 280 million, representing growth exceeding 50% year-over-year, with net profit projected at over RMB 60 million and adjusted net profit of over RMB 70 million, up more than 100% y

Fuel oil futures surged 4.00% intraday on July 21, trading at 3,766.00 yuan per ton.

According to Herald Economy, Samchundang Pharma plunged to its daily limit on July 21, down 86% from its recent high. The South Korean pharmaceutical company, which previously ranked as the top market cap stock on KOSDAQ and surged on expectations for its oral obesity treatment, saw the majority

According to Hungary's central bank, inflation will remain below the 3% target for the rest of 2026, with price growth expected to return to the central bank's target by mid-2028.

According to Barclays' research report released Monday (July 20), the investment bank raised Lumentum (LITE-US) to overweight from neutral, maintaining a $1,000 price target. The optical communications supplier's stock surged 4.5% to $765.55 on the day, becoming the second-best performer in the

According to Guru Club, Trump's latest financial disclosure filed with the U.S. Office of Government Ethics revealed that last year he earned over $1.4 billion from his family's crypto projects, including World Liberty Financial and Trump Meme Coin. Reuters analysis showed that as crypto proceeds

According to industry reports, Samsung has begun mass production of 10th-generation V-NAND and is supplying to Nvidia, while expanding 9th-generation capacity. The company is also developing 11th-generation 500-layer V-NAND. Meanwhile, Taiwan Semiconductor Manufacturing Company (TSMC) plans to

According to Bloomberg ETF analyst Eric Balchunas, tech and thematic ETFs have attracted $100 billion in inflows year-to-date as of mid-July 2026. AI, semiconductor, and storage-focused ETFs are set to enter the market in significant volume, pushing the total count of tech-related ETFs

According to Arkham Intelligence, Morgan Stanley added approximately 115 BTC over the past week through its spot Bitcoin ETF (MSBT), bringing its total Bitcoin holdings to 5,876 BTC.

According to Morgan Stanley's strategy team led by Mike Wilson, on July 21, the firm prefers mega-cap cloud computing companies over semiconductor stocks in the coming months, despite cloud stocks already rising approximately 30% relative to chip stocks over the past three weeks. The bank noted

Semiconductor stocks rallied on Tuesday (July 21), with semiconductor-focused exchange-traded funds climbing 4.3% as chips led the broader market recovery. U.S. stock index futures, including S&P 500 and Nasdaq 100 contracts, rose during the session, while major chip manufacturers Samsung

On Tuesday, global stock markets rallied, with Japan's Nikkei 225 index gaining 3.3%, China's Shanghai Composite rising 1.79%, and Hong Kong's Hang Seng index declining 0.04%. U.S. technology stocks led the rebound in pre-market trading, with spot silver surging 5% and Brent crude oil rebounding

According to Jin10 on July 21, Saudi Arabia's daily crude oil exports via the Red Sea reached a record average of 5.9 million barrels in the week through July 17, before declining slightly to 5.5 million barrels daily in the week through July 20. The exports, tracked via tanker data from the Yanbu p

Jim Cramer called the stock market 'miserable' on July 21 as oil prices, tariff uncertainty, and Federal Reserve hawkishness pressured Wall Street. WTI crude jumped 9.4% to $78.14 a barrel following President Trump's decision to reimpose a naval blockade on Iran through the Strait of Hormuz, while t

According to Guru Club, two tankers carrying Saudi crude oil redirected their course on July 21, heading toward the Suez Canal.

According to CNBC, Jim Cramer called the market "miserable" on July 21 as President Trump's reinstatement of a Strait of Hormuz blockade drove WTI crude up 9.4% to $78.14 a barrel. The blockade, which affects roughly one-fifth of global oil transport, triggered sharp volatility across equity