Global TradFi & Macroeconomics

Bank of America has appointed Sonali Theisen as head of its global digital assets platform and Kevin Milsom as head of AI transformation, formalizing leadership in two areas moving from experimental projects into core market infrastructure. Theisen will oversee design, development, scaling, and

According to CNBC Investing Club, the AI infrastructure trade saw a sharp rotation last week (July 11-17), with investors shifting capital from semiconductor makers to hyperscalers, driving major market moves. The S&P 500 fell 1.6% for the week while the Nasdaq declined nearly 3%. The VanEck

Strategy Inc. maintained a $3 billion U.S. dollar reserve alongside 843,775 BTC worth approximately $55 billion this week, while the Commodity Futures Trading Commission intervened to block Kalshi from liquidating sports event contracts a Michigan court ordered voided. Separately, venture

According to JPMorgan Chase analysis, Strategy-linked leveraged ETF has maintained positive inflows over the past seven consecutive weeks, in contrast to spot Bitcoin ETF flows that turned negative this week. JPMorgan attributes the buying

According to Korea Exchange data released on July 18, large-cap semiconductor stocks including Samsung Electronics and SK Hynix experienced sharp declines, prompting a significant reallocation of capital toward mid-cap stocks. The Kospi large-cap index fell 20.6% through July 16 as funds

According to Korea Exchange, on July 18, South Korea's National Pension Fund resumed net buying of 10.07 billion won this week (July 13-16) on the Kospi market, marking two consecutive weeks of net purchases. The fund had halted a two-month selling streak and shifted focus to acquiring large-cap

According to ETF Check, over the past month through July 16, inverse ETFs tracking market declines posted top returns as South Korea's main index fell sharply. Amid the downturn, retail investors purchased SK Hynix and Samsung Electronics leverage ETFs worth 2.5 trillion won, betting on a market

U.S. stock indexes fell on Friday, with the S&P 500 down 1.01%, the Nasdaq-100 dropping 1.49%, and the Dow Jones Industrial Average declining 0.77%. The declines followed Netflix's mixed second-quarter earnings report released after market close on Thursday, which showed revenue of $12.56 billion

SpaceX is in talks with the Pentagon to supply data-center capacity for running AI models at a cost of up to several billion dollars, according to a Wall Street Journal report. The negotiations aim to provide the United States Department of Defense with additional cloud-computing resources to

Future Fund Managing Director Gary Black commented on SpaceX's stock decline after shares of the newly public company closed Friday's session 5.43% down at $123.60, approximately 9% below its $135 initial public offering price and down around 45% from its all-time intraday high of $225.64. Black

Michael Burry, the investor known for 'The Big Short,' disclosed fresh portfolio moves on Friday involving Nvidia Corp, Oracle Corp., DraftKings Inc., and Netflix. Burry increased his December 2026 Nvidia put position while trimming Oracle puts by half, and added to DraftKings shares in the $25

Ethereum's price rebound has stalled as traders balance spot ETF optimism against policy uncertainty and weakened risk appetite across cryptocurrency markets. ETH maintains a strong institutional-access narrative through spot ETF products, but price action indicates optimism alone is insufficient

U.S. stock indexes fell sharply on Friday as Netflix's mixed second-quarter results and downbeat guidance weighed on the tech sector. The S&P 500 declined 1.01%, the Nasdaq-100 dropped 1.49%, and the Dow Jones Industrial Average fell 0.77%. Netflix shares tumbled over 7% after reporting revenue

According to Gary Black, Future Fund Managing Director, SpaceX stock (SPCX) fell 5.43% to $123.60 on Friday, validating his concerns over the company's valuation and IPO structure. The stock is now down 9% from its $135 IPO price and 45% from its all-time intraday high of $225.64. Black stated the s

According to Michael Burry's Substack post on Friday (July 17), the 'Big Short' investor increased his December 2026 Nvidia put position struck in the low $100s, citing high valuation and margin and earnings risks over the next five years. He trimmed his Oracle puts by half, calling the position "to

According to ChainCatcher, Trump Media (TMTG) announced the launch of a paid Truth API on Thursday (July 17), providing institutional clients with real-time, low-latency access to posts from influential accounts on Truth Social, including President Trump. The service targets high-frequency and

According to SoSoValue data, HYPE spot ETFs recorded net outflows of $5.43 million on July 17. Bitwise Hyperliquid ETF (BHYP) led outflows with $3.37 million, despite holding $124 million in historical net inflows. 21Shares Hyperliquid ETF (THYP) saw $2.08 million in outflows, with $52.96 million in

According to IBM's Q2 earnings report released this week, IBM stock plunged 26% for the week, marking the company's worst week on record. On Tuesday (July 16), the stock dropped 25% in a single day after IBM unexpectedly

According to Eric Balchunas, Bloomberg ETF analyst, T. Rowe Price's actively managed multi-token spot crypto ETF TKNZ launched today with a 75 basis point fee and initial assets under management of $15 million. The fund's holdings are overweight on altcoins relative to Bitcoin, with allocations of B

The SEC is advancing an electronic delivery proposal that would change how investment disclosures reach investors. The rule affects prospectuses, fund notices, and other documents investors receive from funds and brokers. Crypto funds and ETFs may be affected as digital-asset exposure moves deeper i