Global TradFi & Macroeconomics

On July 17, US listed semiconductor stocks saw a sharp sell-off. The Philadelphia Semiconductor Index fell 4.3% in a single day, closing at 11,867.50. Compared with the mid-June peak, it had already pulled back by more than 22%, officially entering a technical bear market. Memory chips were the hardest hit. SanDisk (SNDK) plunged 12.63% to $1,411.08; Western Digital (WDC) tumbled 9.15% to $466.81; SK hynix ADR (SKHY) fell 13.69% to $152.31; Micron Technology (MU) dropped 5.65% to $853.20. Seagat

According to announcements by South Korean authorities, the government recently decided to significantly tighten regulations on single-stock leveraged exchange-traded funds (ETFs) by raising investment thresholds. The measure aims to suppress short-term speculative demand and ease market

According to the State Administration of Foreign Exchange, cross-border payments settled by Chinese banks reached 9.2 trillion USD in the first half of 2026, rising 21% year-over-year. Bank foreign exchange settlement and sales totaled 2.9 trillion USD, up 24%, both marking historical records for th

According to Wedbush Securities' latest research, ASML upgraded its 2026 revenue guidance to €43–45 billion from €36–40 billion on July 17, and plans to increase EUV and DUV lithography capacity by approximately 30% in 2027 and potentially another 30% in 2028. The company reported Q2 revenue

According to Odaily, Zhipu stock dropped 12.14% at Hong Kong market opening today (July 17). The company's annual recurring revenue (ARR) reached $1 billion as of July 2026, according to market reports.

Microsoft (NASDAQ: MSFT) shares rose 1.38% on July 17, and that day 282 hedge funds held MSFT stock. According to a Bloomberg report, Microsoft has begun replacing OpenAI and Anthropic models with its own MAI models in some software products, aiming to lower AI usage costs and reduce reliance on external vendors. Three Drivers Behind Microsoft Replacing Outlook and Excel With MAI Models According to a July 7, 2026 Bloomberg report, Microsoft’s decision to replace third-party AI models is driven

From 01:30 to 01:45 (UTC) on July 17, 2026, BTC fell 0.39% over 15 minutes, trading in a range of 63,718.5 to 63,978.5 USDT, with a spread of 0.41%. Market volatility increased, trading volume remained relatively low, reflecting a pullback driven by short-term wait-and-see sentiment. The main driver behind this anomaly is a sharp escalation in the military conflict between the US and Iran. The US launched another round of strikes against Iran’s Bandar Abbas port and naval facilities, while Iran

According to Guru Club, Bank of America's technical strategists warned on July 17 that gold's correction this year has further downside risk, with potential targets as low as $3,315 amid a pattern similar to destructive bear markets following 2011 and 1980 peaks. Analysts cited multiple bearish tec

The U.S. International Trade Commission (ITC) has launched an investigation into whether Samsung Electronics, Google, NVIDIA, Broadcom, and Super Micro Computer infringed Netlist memory chip patents. The patents at issue cover HBM (high-bandwidth memory) and DDR5 memory. The ITC has agreed to hold a hearing for this case on July 16. This is Netlist’s second lawsuit against the ITC; this time, it expands both the companies involved and the scope of the patents at issue. ITC Launches Investigation

Economist Peter Schiff warned on July 16 that Strategy Inc. (Nasdaq: MSTR) is no longer a leveraged bitcoin bet and that continued share issuance threatens to dilute common shareholders' bitcoin exposure. Schiff's critique centers on Strategy's capital structure: the company holds 843,775 BTC

Palladium main contract futures fell 4.00% during intraday trading today, now trading at 298.65 yuan per gram.

According to Peter Schiff's July 16 X post, the economist and bitcoin critic warned that Strategy Inc. (Nasdaq: MSTR) is "no longer a leveraged bitcoin bet" due to ongoing share dilution benefiting creditors and preferred shareholders over common investors. Strategy holds 843,775 BTC valued at

IBM (IBM), Oracle (ORCL), and NuScale Power (SMR) stocks dropped to 52-week lows on Thursday amid concerns over AI-related investments and financial returns. IBM reached $204.44, Oracle fell to $123.66, and NuScale hit $7.52. The declines followed analyst downgrades and credit rating cuts, with

On Thursday, IBM, Oracle, and NuScale Power stocks fell to fresh 52-week lows of $204.44, $123.66, and $7.52 respectively, as investors reassess the financial viability of heavy AI-infrastructure investments. Argus analyst Jim Kelleher cut IBM's price target to $280 from $360, citing the company's u

According to blockchain analyst Ai, on July 17, a whale liquidated its entire position in a diversified semiconductor stock portfolio, incurring losses exceeding $10.4 million over 30 days. The whale had accumulated approximately $19.39 million in holdings including Marvell Technology (MRVL),

The New Taiwan Dollar depreciated to 32.325 against the U.S. Dollar on July 17, marking its weakest level since April 2025.

PayPal (PYPL) shares declined 0.4% in after-hours trading on Thursday after Reuters reported the company's board considers the $53 billion takeover offer from Stripe and Advent International inadequate. The board believes the $60.50-per-share proposal undervalues PayPal and is evaluating financing c

The Bank of Korea raised the base interest rate from 2.5% to 2.75% on the 16th, marking the first rate increase in 3 years and 6 months since January 2023. Governor Shin Hyun-song explained the decision was driven by inflation remaining above target for a considerable period and sustained

According to Bloomberg, Alphabet Inc. (GOOGL) shares fell nearly 5% on Thursday, July 17, after reports indicated Google is months behind schedule in releasing Gemini 3.5 Pro, its flagship artificial intelligence model. The delay stems from the model's underperformance in coding capabilities

According to the Bank of Korea, on July 16, the central bank raised its benchmark rate by 0.25 percentage points to 2.75% for the first time in three and a half years. All seven monetary policy committee members voted unanimously for the increase. The decision marks the beginning of a new