Global TradFi & Macroeconomics

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

Xiaomi (01810) shares rose 2.1% to HK$28.08 in Hong Kong's morning session today (July 17), extending gains after climbing over 6% yesterday. The surge follows approval of the company's edge-side model for the national AI model registry. The stock was the best-performing among tech names at the

On July 17, the Hang Seng Index opened 0.06% higher, while the Hang Seng Tech Index fell 0.05%. The semiconductor sector weakened, with Luokung Technology, Giga-tronics, and Huahong Semiconductor each declining

According to UBP (Union Bancaire Privée), the Swiss private bank cut its year-end gold target price to $4,800 per ounce. While maintaining a long-term bullish outlook on gold, the bank is not increasing its current position at this

Bitcoin (BTC) gave back midweek gains, temporarily around $63,890 on July 17. The U.S. “CLARITY Act” is entering the final sprint, and Trump’s conflicts of interest remain a key obstacle. He is accused of promoting Nvidia, Tesla, and Apple stocks just a few days after buying shares in those companies. Macro Events & Crypto Market Hotspots According to The Block, the U.S. Congress is in the final sprint for the “CLARITY Act.” Optimism among lawmakers is rising, but ethical provisions around confl

According to Odaily and Gate data, silver rose 1.82% today to $55.743 per ounce, while gold increased 0.4% to $3,992 per ounce.