Global TradFi & Macroeconomics

According to Jin10 Futures, Malaysia's palm oil futures on the Bursa Malaysia Derivatives Exchange are expected to open lower on Wednesday morning, August 5, tracking declines in crude oil and soybean oil. A survey shows July palm oil exports rose 14.8% month-over-month with production up 7.4%,

SpaceX reported second-quarter 2026 revenue of $78.14 billion, up 92% year-over-year, with net losses narrowing to $541 million from $1.008 billion in the prior year. The company's adjusted EBITDA surged 191% to $3.538 billion. Connectivity revenue reached $4.291 billion with Starlink users

According to Reuters, on August 5, Oracle faced significant debt pressure and credit rating downgrade risk due to massive investments in AI infrastructure expansion. S&P Global Ratings cut Oracle's credit rating to BBB-, just one notch above junk status, citing a debt-to-EBITDA ratio of 4.3 times

According to The Block, BlackRock will implement a 1-for-3 reverse stock split on October 6 for its Ethereum Trust ETF (ETHA), combining every three shares into one while maintaining investors' total holdings value. Bloomberg senior ETF analyst Eric Balchunas noted the move will reduce trading

According to Bloomberg, Nigeria's Securities and Exchange Commission has approved tokenized traditional stock assets for trading on the NASD OTC Exchange. The exchange plans to formally launch the service in early September, enabling companies to issue blockchain-based tokenized versions of

Wynn Resorts Limited reported that its Macau operations generated second-quarter revenue of $163 million for the six months ended June 30, 2026, up 26.93% year-over-year, with adjusted property EBITDAR reaching $297 million, up 17.06%. For the first half of 2026, Macau operations recorded revenue o

Kansas Federal Reserve President Beth Schmidt, a 2028 FOMC voter, will address the Federal Reserve, monetary policy, and the agriculture economic outlook in 10 minutes.

The Dow Jones Industrial Average reached a record closing high of 53,178 points on the first trading day of August, rising 1.32%. The S&P 500 index rebounded to 7,600 points, within 20 points of its June high of 7,620 points. The rally occurred as US stocks entered historically challenging months, w

Korea Teachers' Credit Union earned 246 billion won in profit from the exit of US gas and geothermal power producer Calpine on January 7, when Constellation Energy acquired the company for $16.4 billion. The mutual aid association invested 139.9 billion won in 2022 through ECP's continuation fund an

Asian stock markets opened higher on August 5, with Japan's Nikkei 225 index up 1% and South Korea's Seoul Composite surging 3.8% at the open. Semiconductor stocks led the Seoul market's gains, with SK Hynix rising over 6% and Samsung Electronics climbing more

Samyang Foods is projected to achieve Q2 operating profit growth of nearly 50%, driven by strong overseas sales. According to a survey compiled by Yonhap Infomax on the 5th, aggregating forecasts from 10 major domestic securities firms released within the past month, Samyang Foods is expected to rec

Iridium prices have surged this year to 2,000 yuan per gram, outpacing gold, according to industry sources. The rally, which has seen prices rise over 70% year-to-date, is driven by increased demand from artificial intelligence and new energy

According to Korea Investment & Securities analyst Yeom Dong-chan, SK Hynix raised its outstanding share count by 2.5% to 730 million shares on July 29 for its ADR listing, potentially boosting its weighting in the MSCI Emerging Markets index when evaluated on August 13. If reflected in the

According to JPMorgan Chase, hyperscale cloud service providers' backlog orders surged 150% year-over-year to approximately $1.7 trillion in July, significantly outpacing capital expenditure growth of around 80% during the same period. The analysis suggests AI infrastructure investments are

Marvell Technology, SanDisk, and SK Hynix led a semiconductor stock rally on May 4 (local time), contributing to the S&P 500 index reaching a record high. Marvell hosted the Flash Memory Summit 2026 event where it introduced new memory and storage infrastructure products designed to meet growing

Korea Ratings confirmed Hanwha Corporation's credit ratings on the 4th, stating the company's spin-off would have limited impact on the surviving entity's creditworthiness. The ratings agency maintained Hanwha's commercial paper rating at A2+ and its unsecured bond rating at A+ with a stable

Oppenheimer downgraded Walmart to Perform from Outperform and withdrew its $140 target price. Rupesh Parikh, analyst at Oppenheimer, cited pharmacy sector headwinds from Inflation Reduction Act (IRA) impacts, valuation concerns, and elevated market expectations as reasons for the downgrade on the 4t

According to Korean Credit Rating on August 4, the agency confirmed Hanwha Corporation's commercial paper rating at A2+ and maintained its unsecured bond rating at A+, with outlook held at 'stable.' The rating firm assessed that the company's personnel spin-off, which created new entity Hanwha

According to CNBC, Oppenheimer downgraded Walmart (NYSE: WMT) rating from Outperform to Perform on August 4 and withdrew its $140 price target. Analyst Rupesh Parikh cited pharmacy sector headwinds, valuation pressure, and elevated market expectations as key concerns. Walmart's current forward price

According to the Bank of Japan meeting minutes, some members stated the central bank must maintain its forward guidance and will continue raising interest rates if economic and price developments align with their