Global TradFi & Macroeconomics

According to CNBC, Micron CEO Sanjay Mehrotra said on Thursday that artificial intelligence has fundamentally altered the memory chip industry's traditionally cyclical boom-and-bust pattern. Speaking on Mad Money, Mehrotra stated that AI systems require increasingly more memory, higher

Samsung Electronics is expected to announce a detailed shareholder return plan as early as this month, based on its current 2024-2026 three-year return policy. The announcement follows SK hynix's recent unveiling of a 40 trillion won treasury stock buyback and cancellation plan. Market attention

The UK Gfk consumer confidence index came in at -14 in August, beating the forecast of -18 and improving from -17 in July.

The UK GfK Consumer Confidence Index came in at -14 in August, beating expectations of -18 and improving from the previous reading of -17.

The GFK consumer confidence main purchase index rose to its highest level since December 2021.

The Federal Reserve announced on the 20th that Chair Kevin Warsh will deliver a keynote speech at the Jackson Hole Economic Symposium on the 28th at 10am Eastern Time (11pm Korea Time). The Fed confirmed the schedule through its website, stating Warsh will address the symposium themed 'Financial

According to multiple securities firms analyzing Samsung Electronics' cash flow, the company is expected to announce detailed shareholder return plans this month based on its current 2024-2026 policy framework. With AI memory demand driving a surge in free cash flow (FCF), analysts estimate

According to S&P Global data released in August, Australia's composite PMI initial reading came in at 52.5, down from 53.2 in the previous month.

According to S&P Global, Australia's manufacturing PMI initial reading stood at 52 in August, unchanged from the prior month's reading of 52.

According to S&P Global, Australia's services sector PMI initial reading came in at 52.9 in August, down from 53.6 in July, signaling a slower pace of expansion.

Deere & Company (NYSE: DE), the world's largest agricultural machinery manufacturer, saw its stock surge 6% on August 20 (US local time) following the release of fiscal third-quarter earnings (May-July) that exceeded market expectations. The company reported earnings per share of $5.10, surpassing t

According to CNBC, on August 20, Deere & Company (NYSE: DE) reported third-quarter earnings per share of $5.10, exceeding LSEG's consensus estimate of $4.70. Revenue reached $11 billion, surpassing the consensus projection of $10.73 billion. The company also raised its full-year net income

According to Wall Street analysts, on Thursday (August 20), U.S. Treasury Secretary Bessent's expanded long-dated debt buyback program failed to durably suppress bond yields. After the Treasury announced it would at least double the buyback size starting early September, long-term Treasury yields in

According to reports from Korean Herald and Bloomberg, SK Hynix is seeking to establish its first semiconductor manufacturing facility in Miyagi Prefecture, Japan. The investment could reach tens of trillions of Korean won, marking the first production base in Japan for the Korean chipmaker. SK

New Zealand's 12-month trade deficit widened to NZD -5.236 billion in July from NZD -3.746 billion in the prior period, according to official trade data.

New Zealand's July exports fell to NZD 7.39 billion. The prior month's export figure was revised downward to NZD 7.83 billion from an initially reported NZD 8.09 billion.

New Zealand's July trade deficit reached NZD 1.949 billion, according to official government data. The previous month was revised to a deficit of NZD 237 million, down from an initially reported surplus of NZD 23 million.

According to Bloomberg, Broadcom negotiated a financing deal exceeding $60 billion for AI chips yesterday (Aug 20), with Anthropic and other companies set to benefit. The transaction includes approximately $30 billion in subordinated debt, while Broadcom provides partial guarantees on senior

Elia Zaychev, Global Chief Technology Officer at cybersecurity firm CrowdStrike (NAS:CRWD), resigned on the 20th (local time) to establish an AI-focused cybersecurity venture capital fund called Cognition, according to reports from Axios and CNBC. Zaychev is departing to launch the new fund with

According to Axios and CNBC, on August 20, CrowdStrike's global CTO Elias Zeitchev resigned to establish Cognition, a new artificial intelligence-focused venture capital fund. The company's stock fell 5.6% to $190.34 following the announcement. Zeitchev, who spent over 13 years at CrowdStrike