Global TradFi & Macroeconomics

JPMorgan Chase's July 20 equity strategy report indicated that AI-related stocks have faced heavy selling in recent weeks, with South Korea's benchmark index declining 25% from its peak, the Philadelphia Semiconductor Index falling 20%, and individual stocks such as Samsung and Micron

According to the latest joint announcement released on July 21, Modern Dairy (a Mengniu subsidiary) has received valid acceptances for 3.37 billion shares of China Shengmu (1432.HK), representing approximately 40.22% of issued shares. Combined with the previous purchase agreement, Modern Dairy and i

According to Base co-founder Jesse Pollak on July 21, Base will partner with Coinbase to launch tokenized stocks backed 1:1 by equity assets. Unlike Robinhood Chain's derivatives-based approach, the new product will offer improved scalability, institutional credibility, and capital efficiency, Polla

According to Bloomberg, on July 20, hedge funds significantly reduced positions in artificial intelligence and semiconductor stocks by approximately 5% of total market value, marking a historically large drawdown. UBS's prime brokerage data indicates semiconductor and software net positioning has

According to Jin10, benzene prices in East China hit 8,430 yuan/ton on July 20, up 460 yuan/ton from the previous trading day. Major refineries raised their list prices to 8,300 yuan/ton, while East China's main ports continued to reduce inventory and independent refineries held virtually no

The European Commission announced on July 20 that AliExpress (AliExpress), the cross-border e-commerce platform operated by Alibaba (09988-HK), was hit with a heavy fine of €550 million (about $629 million) for violating the Digital Services Act (DSA) rules on content moderation and consumer safety. It is the largest fine ever issued by the EU against a major online platform since the DSA was fully implemented. EU DSA Ruling: €550 Million Surpasses X and Temu According to a July 20, 2026 Europea

According to Korea Economic TV, JYP Entertainment founder and Chief Creative Officer Park Jin Young recommended buying the company's stock in November 2023, stating "now is the right timing" during a YouTube appearance on the 'Suka World' channel. However, the stock has since declined to

According to SpaceX, on August 4 (after market close), the company will release Q2 2026 earnings and hold an earnings call at 4:30 p.m. ET—marking its first earnings report since completing a $75 billion IPO on June 12. Two trading days after the earnings release, SpaceX will unlock the first

Top-performing investors at Mirae Asset Securities bought SK Hynix and sold Samsung Electronics on the morning of July 21. The top 1% of investors by recent one-month returns purchased SK Hynix most heavily, with the stock trading at 1,817,000 won, up 3.00%, while Samsung Electronics was the most ne

The Hang Seng Index faced profit-taking pressure during today's morning session as of 10:45 AM, declining 41 points or 0.17% to 25,101 after opening 7 points higher at 25,150. The pullback followed the previous day's 580-point rally that reclaimed the 50-day moving average at 24,714 and the 25,000 l

On July 21, Hong Kong's Hang Seng Index opened higher but came under selling pressure, falling as much as 93 points to a low of 25,049 before recovering. As of 10:45 a.m., the Hang Seng Index stood at 25,101, down 41 points or 0.17%, while the National Index declined 24 points or 0.3% to 8,357,

According to Mirae Asset Securities, on July 21, South Korea's top-performing investors (those with top 1% returns over the past month) net bought SK Hynix while net selling Samsung Electronics. SK Hynix rose 3.00% to 1.817 million Korean won, while Samsung climbed 5.12% to 256,500 won but faced

AGNC investment company stock is up about 4.7% year-to-date, lower than the S&P 500’s 8.9% gain over the same period. The company reported its second-quarter earnings on July 21: earnings per share (EPS) came in at $0.40, beating the Zacks consensus estimate of $0.38. Revenue for the Q2 2026 period was $305 million, down 16.31% from the Zacks consensus estimate. AGNC Q2 2026 EPS: $0.40 per share beats expectations AGNC investment company reported Q2 2026 earnings of $0.40 per share, above the Za

The Bank of Korea expressed concerns about potential wage-driven inflation stemming from semiconductor industry bonuses, though experts note that similar wage surges in the past did not trigger inflation without accompanying economic growth and supply shocks. The central bank identified three key ri

According to IBK Securities, South Korea's KOSPI index is expected to hit bottom and rebound by late July as foreign investor selling pressure eases. The brokerage released the forecast on July 21. However, the sustainability of the rebound depends on

According to Yonhapinfomax, on July 21, South Korea's central bank executed a 13 trillion won RP (repurchase agreement) purchase and other liquidity measures, including 2.5 trillion won in fiscal transfers and 2.8 trillion won from public pension funds. These actions are expected to increase daily r

According to CLSA analyst Babtosh Bazpai, on July 20, the firm downgraded Oracle to Hold, citing the cloud and infrastructure provider's need for $500 billion in AI infrastructure funding by 2030. Bazpai noted that Oracle will depend heavily on additional debt to realize its AI infrastructure

According to the Bank of Korea, on July 21, the central bank expressed concerns that wage increases led by semiconductor bonuses could drive inflation if three conditions converge simultaneously: broad wage growth, strong economic expansion enabling companies to pass costs to consumers, and supply-s

Robert Kiyosaki outlined a hypothetical financial restart strategy during a July 18 episode of The Rich Dad Radio Show, stating he would not invest any of a $10,000 starting sum if he lost everything at age 79. The Rich Dad Poor Dad author explained he would instead allocate the entire amount to fin

According to a Wall Street Journal survey, six of nine economists expect Indonesia's central bank to raise its benchmark seven-day reverse repo rate by 25 basis points to 6.0% on Wednesday (July 21). The remaining three economists surveyed predict the central bank will hold rates