Global TradFi & Macroeconomics

According to Reuters, Nvidia denied reports by The Information on Friday that it plans to ship a language processing unit (LPU) tailored for Chinese customers by year-end. "We have no LPU sales in the China market today, and no China-specific LPU product in our roadmap," a company spokesperson

Strategy, the business intelligence firm turned Bitcoin treasury company, has climbed back above its average purchase price of $75,385 per BTC as Bitcoin pushed above $75,000. With Bitcoin trading at $75,613, Strategy's holdings of 840,447 BTC now show approximately $192 million in unrealized

According to a Form 144 filing submitted on Thursday, Cerebras co-founder and Chief Technology Officer Sean Lie plans to sell 710,247 common shares worth over $153 million. The shares were acquired through vested performance stock units in June, tied to a 10b5-1 trading plan adopted in May. Lie

Hong Kong stocks closed higher today, with the Hang Seng Index rising 1.21% and the Tech Index gaining 1.4%. Gold stocks and AI model concept shares led gains, with Chihfeng Gold (06693.HK) surging 12.4%, MINIMAX-W (00100.HK) climbing nearly 12%, and Zhipu AI (02513.HK) rising

According to BlockBeats, MicroStrategy's Bitcoin holdings surged in value by approximately $100 billion this week as BTC rebounded over 20% since August 14. The company holds 840,447 BTC currently valued at $641.9 billion, with an average cost basis

Samsung Electronics stock closed at 281,500 won on the 21st, up 3.87% (10,500 won) from the previous trading day's 271,000 won, according to the Korea Exchange. The recovery follows extreme volatility - the stock hit a record high of 374,500 won during trading on June 19, then plummeted 49.5% to 189

According to KB Securities, Samsung Electronics stock recovered to 281,500 won on August 21 after a sharp decline of 49.5% from its June 19 high of 374,500 won to a July 29 low of 189,200 won. The stock has risen 48.8% from its recent trough. KB Securities analyst Kim Dong-won said the company

According to Korea Exchange, Kakao submitted a preliminary review application for a split and re-listing on the securities market on August 21. The company plans to separate its Kakao Talk-based AI and advertising business through a corporate spin-off. Following the split, the remaining entity

According to the London Metal Exchange, copper inventory decreased by 1,350 tonnes and zinc inventory fell by 1,275 tonnes today. Nickel inventory increased by 294 tonnes, while tin declined by 45 tonnes and lead dropped by 250 tonnes. Aluminum inventory remained

According to Bank of America, $29 billion flowed into U.S. equity funds in the week ended August 19, marking the largest weekly inflow in three weeks. Global equity funds attracted $40.1 billion during the same

The European Central Bank lowered its revenue growth forecast for the coming year to 1% from 1.1%.

According to Jin10 Futures, as of 4 PM on Aug 21, the CNEX market-wide sentiment index stood at 49, down 4 points from 2:30 PM. By institution type, the index for large banks fell 4 points to 48, mid-sized banks dropped 5 points to 50, and non-bank institutions declined 3 points to 48. The index

The European Central Bank's three-year inflation expectations for the eurozone in July came in at 2.7%, down from the previous expectation of 2.80%.

According to Goldman Sachs research on August 20, the investment bank raised CoreWeave's 12-month price target to $139 from $121, implying 53% upside, while maintaining a neutral rating. Q2 revenue met expectations with EBIT

Eurozone's August composite PMI initial reading came in at 52.1, exceeding the expected 51.7 and the previous month's 52, according to official economic data releases.

According to Goldman Sachs' strategy team led by Ben Snider, hedge fund flagship holdings significantly underperformed the S&P 500 in July by the largest margin since 2000, amid a pullback in AI-related stocks. The month also marked one of the steepest de-leveraging periods in the past decade for he

Eurozone composite PMI came in at 52.1 in August, beating expectations of 51.7 and rising from 51.0 in July, according to the August preliminary data release.

Eurozone services sector PMI came in at 51.7 in August, matching the previous month's reading and exceeding the expected 51.5, according to preliminary data released on August 21.

Eurozone manufacturing PMI initial reading came in at 52.8 in August, exceeding the consensus forecast of 51.8 and rising from the previous month's 51.9.

According to Bloomberg, G7 average government bond yields reached their highest level since 2008 in mid-August as investors demand higher risk compensation for holding long-term debt. U.S. Treasury yields also touched their highest level in nearly 20 years. The yield surge reflects rising fiscal