Global TradFi & Macroeconomics

Bernstein lifted its price target on Robinhood (HOOD) stock to $160 from $130, driven by long-term value in Robinhood's blockchain infrastructure, according to analyst Gautam Chhugani. The new target is based on a 2028 earnings per share estimate of $4.56 and a 35x forward price-to-earnings

According to the Wall Street Journal, the Abu Dhabi National Oil Company (ADNOC) is proceeding with the $6.2 billion Umm Shaif gas cap development project despite Middle East geopolitical tensions highlighting supply vulnerabilities. The decision reflects ADNOC's confidence in sustained long-term

According to Jin10, citing a statement from China's Securities Regulatory Commission (CSRC) on July 21, the regulator held a series of meetings with listed companies, industry institutions, and expert scholars to gather feedback. The CSRC emphasized that high-quality capital market development

Gate News: According to the latest Gate TradFi data, USDCLP (US Dollar vs Chile Peso) has dropped by 2.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Morgan Stanley, JP Morgan, and UBS recommended buying semiconductor stocks after recent declines, citing supply shortages expected until 2028. Joseph Moore, Morgan Stanley researcher, stated in an investor note on

According to Morgan Stanley analyst Joseph Moore on July 20, multiple global investment banks called the recent semiconductor stock decline a buying opportunity, citing expectations that memory chip shortages will intensify through 2028 due to expanded AI data center investments. Moore expects memor

Alpaca partnered with Broadridge Financial Solutions to integrate institutional-grade proxy voting into its Instant Tokenization Network. The partnership addresses a governance gap in tokenized equities by enabling proxy voting, investor communications, and voting entitlement reconciliation for

According to Edaily, on July 21, South Korean financial authorities' plan to launch single-stock leveraged exchange-traded funds (ETFs) drew criticism from foreign media outlets amid warnings about trading risks. The scrutiny follows reports of significant losses among retail investors using levera

According to Nuveen analyst Laura Cooper, the European Central Bank is likely to hold interest rates unchanged at its meeting this week while maintaining a restrictive bias, following its rate increase in June. Cooper cited moderating inflation, with purchasing managers' pricing sub-indices

Alpaca has partnered with Broadridge Financial Solutions to add proxy voting and shareholder governance capabilities to its tokenized stock platform. The integration enables retail and institutional investors to exercise voting rights, receive regulatory disclosures and participate in corporate

According to Bloomberg, Houthi forces issued a warning to ship owners on Monday demanding that all vessels refrain from docking at Saudi ports. In an email to shipping companies, the Iran-backed militia stated that its maritime blockade applies not only to Saudi vessels but to all ships calling at S

Iran struck Kuwait's power generation and water desalination facilities overnight on July 20, triggering fires at the targeted sites. According to Kuwait, the overnight strike impacted critical infrastructure supporting the country's energy and water

According to JODI (Joint Organizations Data Initiative), Saudi Arabia's petroleum product exports increased by 74,000 barrels per day to 1.083 million barrels per day in May. The kingdom's crude oil inventory also grew by 2.827 million barrels to reach 142.794 million barrels during the same

According to JODI (Joint Organizations Data Initiative), Saudi Arabia's domestic refineries processed 2.386 million barrels per day in May, an increase of 175,000 bpd from the previous month.

According to JODI (Joint Organizations Data Initiative), Saudi Arabia's direct crude oil burn increased by 107,000 barrels per day in May, reaching 647,000 barrels per day.

According to the Joint Organizations Data Initiative (JODI), Saudi Arabia's crude oil inventory increased by 2.827 million barrels in May, reaching 142.794 million barrels.

Base creator Jesse Pollak disclosed that the Ethereum layer-2 network is collaborating with Coinbase to develop tokenized stocks backed one-for-one by underlying shares. According to Coinbase's June announcement, the exchange plans to introduce these tokens for eligible non-US customers starting in

According to the Joint Organizations Data Initiative (JODI), Saudi Arabia's crude oil output rose by 244,000 barrels per day in May, reaching 6.56 million barrels per day.

According to JODI (Joint Organizations Data Initiative), Saudi Arabia's oil product demand rose 90,000 barrels per day in May, reaching 2.667 million bpd.

According to the Joint Organization Data Initiative (JODI), Saudi Arabia's crude oil exports declined by 552,000 barrels per day in May, falling to 3.434 million barrels per day.