Global TradFi & Macroeconomics

Goldman Sachs, JPMorgan Chase, Citigroup, and Bank of America posted record second-quarter revenues from underwriting in Q2 2026, with Goldman and JPMorgan shares reaching all-time highs. Goldman's investment banking backlog reached its highest level in five years and second-highest on record.

Morgan Stanley reported second-quarter net revenue of $21.35 billion yesterday (July 15), exceeding the consensus estimate of $19.58 billion. The bank delivered earnings per share of $3.46 for the period. Wealth Management net revenue reached $8.86 billion, surpassing expectations of $8.68 billion.

According to Jin10, Iran's government spokesman stated that Iran will not allow the United States to interfere in the management of the Hormuz Strait. The spokesman warned countries in the Persian Gulf region that cooperation with Washington is equivalent to declaring war against Iran.

Gate News: According to Gate’s official announcement, Gate has launched pre-market trading for the CXMT/USDT perpetual contract, supporting 1x–10x leverage for both long and short positions, with settlement in USDT. ChangXin Memory Technologies (SSE ticker: 688825) primarily focuses on semiconductor DRAM memory chips. The contract is denominated in USD and reflects the market-implied valuation of one A-share of ChangXin Memory Technologies, Inc.

Nearly one in four active UK retail investors changed their portfolio allocation because of domestic political uncertainty, according to IG's biannual Client Sentiment Study conducted between 9 and 23 June among approximately 1,800 active clients. The survey found that 23% of respondents

According to IG's biannual Client Sentiment Study, 23% of active UK retail investors changed their portfolio allocation in June because of political uncertainty, with 42% of that group shifting funds to international markets. The survey, conducted among approximately 1,800 active IG clients

According to PANews, Warren Buffett stated on July 15 that not investing in Google earlier was a mistake, and the company is now more likely to be a winner.

According to Hong Kong Exchanges and Clearing disclosure on July 15, Alibaba reduced its holding in Huitongda Network from 16.56% to 0%, fully exiting its stake in the company.

According to Standard Chartered, central banks must prepare for a structural inflation environment where policy flexibility is limited, said the bank's Eric Robertson on July 15. Supply shocks have a greater impact when inflation is already elevated; for example, weather disruptions like El Nino

According to Michael Burry in a Substack post on Wednesday, the 'Big Short' investor called Stripe and Advent International's $53 billion offer to buy PayPal at $60.50 per share "too low." Burry stated the offer represents only a 21% premium by his IV15 intrinsic valuation methodology and said he

Morgan Stanley is expected to report second-quarter earnings on Wednesday before the opening bell, with Wall Street estimating earnings per share of $2.94 and revenue of $19.64 billion, according to LSEG. The bank is also projected to report investment banking revenue of $2.17 billion, equities

According to sources familiar with the matter, Zhongji Xuangchuang (300308.SZ), a leading optical module supplier for AI data centers, is preparing for a Hong Kong IPO with a planned fundraising target of approximately $7 billion (HK$54.6 billion). The company plans to hold its Hong Kong listing

Gate News: According to the latest Gate TradFi data, COCOA (Cocoa) has dropped by 4% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

According to MBA data, U.S. 30-year fixed mortgage rates rose to 6.65% in the week ending July 10, compared to 6.58% the previous week.

Oklo (NYSE: OKLO) closed at $46.24 on July 14, 2026, down roughly 47% from its January 9 high of $115.72, as 25 analysts polled by S&P Global disagree about the stock's value by a factor of ten — the street-high target stands at $140 while the street-low sits at $14, with the average at $86.95,

According to Standard Chartered, chief strategist Eric Robertson stated on July 15 that interest rates have entered a structurally higher regime. U.S. rates will not return to zero, he noted, with similar increases occurring in Europe and Japan. Robertson highlighted that higher financing costs will

Hong Kong stocks rose on July 15, with the Hang Seng Index closing at 24,681.10 points, up 340.37 points or 1.40%, marking three consecutive daily gains. The Hang Seng Tech Index closed at 4,740.49 points, up 61.03 points or 1.30%. The gains were driven by easing US June inflation data reducing

Applied Digital (NASDAQ: APLD) closed at $28.47 on July 14, 2026, yet every analyst price target sits above the market price—the lowest at $40 and the highest at $106 across 11 analysts polled by S&P Global, with an average of $73.36, according to data

According to S&P Global, Applied Digital closed at $28.47 on July 14, 2026, below the lowest analyst price target of $40 among 11 polled analysts, implying 40% upside. The street-high target sits at $106, representing a 272% bull case, with an average of $73.36. Fiscal Q3 2026 revenue

According to the New York Post, Gulf oil producers are planning new pipelines and ports to bypass the Strait of Hormuz following Iranian attacks on shipping. Goldman Sachs analyst Alexandra Paulus said on Monday that by end-2027, new pipelines should transfer 45% of pre-war Persian Gulf oil