Global TradFi & Macroeconomics

The BOK officially announced on July 16 that it would raise interest rates by 1 step (0.25 percentage point), increasing the benchmark rate from 2.5% to 2.75%. This is the first rate hike in more than three years and meets market expectations. BOK Governor Shin Hyun-soo cited four key risks—inflation, growth, the exchange rate, and financial stability—as pressing factors pointing in the same direction. A hot AI chip cycle is boosting semiconductor demand; inflation remains sticky and is pushing

Electrovaya Inc. (ELVA) stocks closed 49% higher on Wednesday after the lithium-ion battery developer announced a commercial agreement and warrant transaction with Amazon.com Inc. (AMZN). The surge marked ELVA's best single-day performance since January 2013. Roth Capital analyst Craig Irwin

AST SpaceMobile (ASTS) shares dropped nearly 13% in after-hours trading on Wednesday after the company announced plans to raise $1 billion through a private offering of convertible senior notes due February 1, 2034. The capital raise triggered dilution concerns among existing shareholders, as the of

AtaiBeckley, Inc. (ATAI) stock surged nearly 60% overnight late Wednesday following reports that Eli Lilly is in takeover talks with the psychedelic medicine company. The surge came after Magnus Sigurdsson, co-founder of Systematic Ventures and partner at Iron Pine Ventures, estimated a likely

WTI crude oil fell 1.00% intraday on July 16, trading at $78.92 per barrel.

WTI crude oil retreated below $79 per barrel intraday on July 16, down 0.92% during the trading session.

IBM stock slipped to an annual low of $211.03 on Wednesday after the company's preliminary second-quarter results showed revenue of $17.2 billion, falling short of Wall Street expectations. CEO Arvind Krishna attributed the miss primarily to the infrastructure division, where sales

According to a Stocktwits poll, over the past 24 hours, 8,200 retail investors weighed in on PayPal's proposed acquisition by Stripe and Advent International at $60.50 per share. A majority view the offer as undervalued, with 35% voting the stock should be worth over $100, 16% backing the $80-$99.99

According to Bloomberg, Eli Lilly is nearing an acquisition agreement with clinical-stage biopharmaceutical company AtaiBeckley (ATAI) on Wednesday after-hours, sending ATAI shares up 59%. The pharmaceutical giant is negotiating the deal at a premium, though specific terms, deal value, and

U.S. stock indices ended higher on Wednesday as cooler-than-expected producer prices fueled hopes for moderating inflation. The S&P 500 added 0.35% to close at 7,570.30, while the Dow Jones Industrial Average rose 0.26% to 52,647.23. The Nasdaq 100 declined 0.62% to 29,401.46. The Producer Price In

According to StockTwits, Electrovaya Inc. (ELVA) shares surged 49% on Wednesday after the company announced a commercial agreement with Amazon to supply its Infinity Battery Technology for warehouse material handling operations. The stock clocked its best day since January 2013. As part of the

According to its announcement on Wednesday, AST SpaceMobile (ASTS) shares plunged 13% in after-hours trading after the company unveiled plans to raise $1 billion through convertible senior notes due February 1, 2034, sparking dilution concerns among existing shareholders. The company intends to

According to venture capitalist Magnus Sigurdsson, ATAI stock surged nearly 60% late Wednesday (July 16) after reports of Eli Lilly takeover talks. Sigurdsson, co-founder of Systematic Ventures, estimated a likely acquisition price of $9 to $11 per share, with the top end representing a 105%

Pop Mart's (09992) stock rose 6.7% to 167.8 HKD, reaching an intraday high of 167.9 HKD with over 2 billion HKD in trading volume, as the company launched the World Cup special edition LABUBU tonight. The MEGA LABUBU 400% World Cup model, priced at 1,625 HKD with a one-unit-per-customer limit,

According to BlockBeats, ASML maintained bullish ratings from multiple Wall Street institutions after reporting strong earnings and raising guidance on July 16. Bernstein kept an Outperform rating with a $2,623 price target, citing robust order momentum and customer demand, particularly from

Zhipu, MiniMax, and DeepSeek’s leaders of three Chinese AI companies have successively announced major plans around July. Their stock and valuation trends have diverged. As the head of “the world’s first publicly listed large-model company,” Zhipu Tang Jie announced the “Touch High” plan via an internal email after listing for half a year, asking the team to ease pressure from commercial monetization over the next two years and to focus resources on long-range missions, autonomous agents, and se

On July 15, the U.S. Trade Representative's Office imposed a 25% tariff on certain Brazilian goods following a year-long investigation into alleged unfair trade practices including digital trade barriers, intellectual property concerns, and illegal deforestation. The U.S. will exempt Brazilian

China’s National Cyberspace Administration announced on July 15 that the key regulatory hurdle involving Apple’s (AAPL-US) China business has been cleared. Apple Intelligence has completed registration for its generative AI services, removing the regulatory prerequisite for this service to enter the world’s largest smartphone market. Alibaba’s official announcement said that its Tongyi Qianwen (Qwen) will be integrated into the Apple Intelligence experience for users in China. China’s National C

According to Reuters, on July 15, ChangXin Storage (CXMT) set the stock IPO issue price at RMB 8.66 per share, valuing the deal at RMB 579.18 billion. This is the largest IPO in Asia so far this year and the largest public offering by a Chinese chipmaker in history. ChangXin Storage is currently the world’s fourth-largest DRAM manufacturer, behind SK hynix, Samsung Electronics, and Micron. ChangXin Storage IPO Size and Subscription Timeline Based on Reuters’ July 15, 2026 report, the key IPO dat

Brent crude fell below $84 per barrel, declining 0.81% intraday today (July 16).