Global TradFi & Macroeconomics

According to Yonhap Infomax, Tesla reported adjusted earnings per share (EPS) of $0.33 for Q2 2026 on July 22, missing analyst expectations of $0.51 by over 35%, and down 18% year-over-year. The company cited lower average selling prices for electric vehicles and declining regulatory credit

According to South Korean financial investment industry data, the Korea Composite Stock Price Index (KOSPI) sidecar breaker mechanism has been triggered 40 times as of July 22, 2026, with 20 instances each on the buy and sell sides. This far exceeds the 26 times it was triggered throughout 2008

According to ChainCatcher, Tesla's Bitcoin holdings remain unchanged at 11,509 BTC in Q2 2026, continuing a nearly four-year period without buying or selling the cryptocurrency. The company recognized a post-tax impairment loss of $112 million on its digital assets. Bitcoin declined 14% in Q2 to $58

Ed Dowd, a former BlackRock portfolio manager, told Kitco News that the credit-default cycle has already started. He said he is cautious on gold at current levels but expects the metal to reach $10,000 an ounce later this decade. Dowd, founding partner of Phinance Technologies and a contrarian

According to Ed Dowd, former BlackRock portfolio manager and founding partner of Phinance Technologies, the credit-default cycle has already begun and will eventually impact pension funds. Speaking to Kitco News in a recent interview, Dowd cautioned that private-credit risks—accumulated through

According to TD Securities strategists Gennadiy Goldberg and Molly Brooks, the Federal Reserve's asset sheet may not begin shrinking until late 2027. Even then, the central bank may choose to maintain the balance sheet's size and let economic growth digest it naturally, rather than resume direct

On Wednesday, July 22, most U.S. stock industry ETFs declined, with technology and internet-focused ETFs falling as much as 1.86%, global aviation ETF and biotechnology ETF also posting losses. Semiconductor ETF gained 0.48%, while energy sector ETF rose 1.20%. Among the 11 sectors in the S&P 500 i

Tesla released Q2 2026 earnings on July 22, reporting revenue of $28.24 billion that exceeded Wall Street estimates of approximately $26.3 billion, while adjusted earnings per share of $0.33 fell short of the estimated $0.51. The revenue beat stemmed from record quarterly vehicle deliveries of 480,1

IBM lowered its 2026 forecast on Wednesday and reported second-quarter profits below analyst expectations, even after issuing an earnings warning last week. The technology vendor cited worse-than-planned performance in Z mainframe computer sales and transaction processing software as organizations r

According to Yonhapnews, crude oil prices rose sharply today (July 22) amid escalating U.S.-Iran conflict. Brent crude futures for September delivery closed at $94.07 per barrel on the ICE exchange, up 3.36% from the previous session. U.S. West Texas Intermediate (WTI) crude for September delivery a

Ark Invest CEO Cathie Wood said on July 22 that SpaceX could become "the most important company in history," defending her bullish stance as the stock traded at $116.95—approximately 48% below its $225.64 peak and 13% below its $135 IPO price. Wood attributed her confidence to SpaceX's Starlink

According to a Fox Business interview on July 22, Ark Invest CEO Cathie Wood said SpaceX could become "the most important company in history," citing its potential in space exploration, global communications, and artificial intelligence infrastructure. Wood emphasized Starlink's role as a

Southwest Airlines reported second quarter adjusted earnings per share (EPS) of $0.94, exceeding analyst estimates of $0.52. The airline's Q2 operating revenue reached $8.43 billion, falling short of the consensus estimate of $8.58 billion.

Alphabet reported $119.80 billion in total revenue for the quarter ended June 30, 2026, surpassing Wall Street consensus estimates of approximately $117 billion. The results were driven by strong performance across Google Services and Google Cloud, with Cloud revenue reaching $24.77 billion

Gold futures on the COMEX exchange rose to $4,146.30 per troy ounce at 1:37 PM Eastern Time on July 22, gaining $69.90 or 1.71% from the previous close of $4,076.40. The rally marks the second consecutive day of gains as the precious metal rebounds from the $4,000 support level amid ongoing

According to Alphabet, on July 22, 2026, the company reported Q2 revenue of $119.80 billion for the quarter ended June 30, surpassing consensus estimates of $117 billion. Revenue ex-TAC reached $103.62 billion versus the expected $101.07 billion. Google Cloud revenue delivered a standout $24.77 bill

According to COMEX data, gold futures for August delivery rose $69.90, or 1.71%, to $4,146.30 per troy ounce on July 22 (U.S. Eastern Time). The rally marks a second consecutive day of gains. Despite headwinds from rising U.S. Treasury yields, which typically reduce gold's appeal as a non-yielding a

Tesla is expected to begin production of its Optimus humanoid robots at the Fremont factory later this year.

Payward, the parent company of crypto exchange Kraken, partnered with global fintech GTN on Wednesday to expand xStocks beyond U.S. equities for the first time. The collaboration will introduce tokenized stocks from Hong Kong, the U.K., Europe, and South Korea, subject to regulatory approvals in

Tesla reported second-quarter revenue of $28.24 billion, exceeding analyst expectations of $26.32 billion. Services and other revenue reached $4.58 billion, significantly surpassing the expected $3.27 billion. However, adjusted earnings per share came in at $0.33, below analyst estimates of $0.51.