Global TradFi & Macroeconomics

Michael Burry posted criticism of circular trading in the AI industry on X on the 23rd, immediately after Alphabet announced earnings. The 'Big Short' investor shared 'short thoughts' on NVIDIA, neocloud, hyperscalers, Jevons paradox, and cost compression following news that Alphabet's free cash

Global fast-fashion e-commerce giant SHEIN has made breakthrough progress on its IPO stock application in Hong Kong: on July 10, the China Securities Regulatory Commission issued an overseas listing filing notice approving SHEIN to issue no more than 342 million ordinary shares on the Hong Kong Stock Exchange. Sources also revealed that SHEIN has received IPO approval from the Listing Committee of Hong Kong Exchanges and Clearing Limited, with the earliest possible official listing as early as l

Ripple was included among the world's top fintech companies in CNBC and Statista's World's Top Fintech Companies 2026, an annual survey recognizing leading financial technology businesses across eight industry segments. Digital asset businesses accounted for 40 of the 500 companies selected,

US Treasury yields climbed to psychologically significant levels on the 23rd as Middle East tensions drove oil prices higher, according to Yahoo Finance. The 10-year Treasury yield reached 4.65% and the 30-year yield hit 5.14%, with the latter remaining above 5% for the longest stretch since 2007. T

Gate News reports that, according to Gate’s official announcement on July 23, 2026, the Gate Contract Stocks section will launch on July 23, 2026 at 14:00 (UTC+8) with seven Perpetual Futures: MSFU, AAPU, METU, AMZU, GGLL, TSLL, and NVDL. Among them, MSFU is the Direxion Microsoft 2x Long ETF, which daily tracks Microsoft’s 2x long price movements; AAPU is the Direxion Apple 2x Long ETF; METU is the Direxion Meta 2x Long ETF; AMZU is the Direxion Amazon 2x Long ETF; GGLL is the Direxion Google A

According to Maeil Business Newspaper, Michael Burry criticized AI industry circular financing practices on July 23 following Google's earnings release. Burry, citing BIS data, stated that of $800 billion in forward-contracted AI research and development spending through April 2026,

According to The Fact, Samsung Electronics Chairman Lee Jae-yong, SK Group Chairman Chey Tae-won, Naver Board Chair Lee Hae-jin, and Hyundai Motor Group Chairman Chung Euisun are scheduled to meet with Nvidia CEO Jensen Huang in the U.S. this week to discuss AI cooperation across memory

According to Bank of Korea, the country's reserve money balance reached 13.8161 trillion won in surplus as of July 23, with reserve money appropriation funds registering 3.5311 trillion won in surplus. The overnight call rate settled at 2.686%, with trading volume at 15.0643 trillion won. The

Foreign investors made net purchases exceeding 4 trillion won over four consecutive trading days as of July 23, according to market data, with individual traders' selling pressure being absorbed by foreign buying interest. The continued foreign inflow has supported upward pressure on the index

According to Jin10, HSBC maintained its "moderately bearish" view on Japanese government bonds on July 23. Justin Heng, the bank's Asia-Pacific rates strategist, noted that Japanese policymakers are seeking ways to encourage pension funds and retail investors to purchase more domestic bonds,

According to a Morgan Stanley software industry report released on July 21, the software sector has underperformed the Nasdaq by 40% and the S&P 500 by 30% over the past two years. Morgan Stanley stated that market concerns over AI disruption have been overpriced and maintained an "attractive"

According to Hyperinsight, a GOOGL long whale account (0xC8b) accumulated an additional 38,800 contracts worth $13.56 million between 10 p.m. on July 22 and 4 a.m. on July 23, at an average price of $349.28 per contract. This followed an earlier accumulation disclosed by the monitoring

Samsung Electronics’ stock saw a sharp rise in early trading on July 23. As of 9:46 a.m., it was 1,449,000 won, up 104,000 won from the previous trading day (+7.73%). The news source is Samsung Electronics’ disclosure in its company filings, stating that it has signed an AI server multilayer ceramic capacitors (MLCC) supply contract with a global large enterprise. The contract value is about 295.12 billion won. Samsung Electronics stock early data for July 23 Based on intraday market data for Ju

According to the Korea Exchange, the KOSPI index rose 169.28 points, or 2.49%, to 6,966.98 as of 11 a.m. local time on July 23. The benchmark equity index opened 165.65 points higher at 6,963.35 and fluctuated around the 7,000-point level amid gains in technology

According to Bitget's official announcement on July 23, the exchange has launched perpetual contracts for three stocks: SHAZ (SharonAI), SOFI (SoFi Technologies), and PENG (Penguin Solutions). The contracts are USDT-settled with support for up to 20x leverage and 24/7 trading. Bitget now supports a

After German TKMS was selected as the preferred bidder for Canada’s submarine program, scrutiny has intensified over the feasibility of Hanwha Ocean and HD Hyundai Heavy Industries’ warship revenue targets for 2030. Hanwha Ocean has set a 2030 revenue target for special vessels (warships) of 4 trillion KRW, with a 2035 target of 5 trillion KRW; HD Hyundai Heavy Industries has set a 2030 target of 7 trillion KRW and a 2035 target of 10 trillion KRW. Revenue target pressure after losing Canada’s b

According to ANZ Bank economist Krystal Tan, South Korea's July inflation expectations and consumer price data due next week and early August will likely be key to the central bank's August rate decision. Tan stated that stronger-than-expected second-quarter GDP growth has increased the

According to Stephen Parker, global investment strategy co-head at JPMorgan Private Bank, in a CNBC interview, concrete signs of returns from AI investments are emerging, with companies heavily investing in AI seeing profit margin expansion outpace the S&P 500 overall. Parker noted that

According to Protos, Grayscale submitted an S-1 application for a Worldcoin ETF to the SEC on July 20 (with the intention to list on Nasdaq under the ticker symbol GWLD). In the document itself, it directly discloses: “As of the date of this filing, the largest 100 WLD wallets hold approximately 90% of the WLD in circulation.” Four centralization risk disclosures in Grayscale’s SEC S-1 filing Based on the S-1 filing Grayscale submitted to the SEC (July 20), the following four risk disclosures ar

According to Jin10, Shanghai gold traded at 897.7 yuan per gram on Thursday (July 23) morning, a premium of 2.08 yuan per gram above the international gold price of 895.62 yuan per gram.