Global TradFi & Macroeconomics

Millennium Management is currently pursuing roughly $20 billion in fresh capital, effectively doubling its earlier target of at least $10 billion, according to statements on ongoing negotiations led by president Ajay Nagpal. The capital raise is structured in two tranches and aims to consolidate

Microsoft reported fiscal Q3 2026 earnings on July 29, beating Wall Street estimates with revenue of $82.9 billion versus consensus of $81.4 billion, and earnings per share of $4.27 versus $4.06. The company's AI business reached a $37 billion annual revenue run rate, up 123%

Meta Platforms reported second-quarter revenue of $60.8 billion, exceeding Wall Street expectations of roughly $60.2 billion, while earnings per share declined to $6.18 from $7.14 a year earlier as massive AI infrastructure investments, legal charges, and restructuring costs weighed on

According to JPMorgan Asset Management, the Federal Reserve's policymaking committee on Wednesday voted 9 to 3 to maintain the federal funds rate at 3.50%-3.75%, with three officials casting dissenting votes in favor of a 25 basis point rate increase. The dissents from Dallas Fed President Lorie

According to Meta's official earnings report released in late July, the social media giant reported second-quarter 2026 revenue of $60.8 billion, exceeding analyst expectations of roughly $60.2 billion. However, diluted earnings per share declined to $6.18 from $7.14 a year earlier, while

According to Jin10, Microsoft recorded $3.2 billion in gains from its investment in Anthropic during its fourth quarter, combined with lower-than-expected voluntary departure plan expenses, resulting in a positive impact of 27 cents per share on

Qualcomm reported fiscal third-quarter earnings on Wednesday that met analyst expectations but issued lighter-than-expected guidance for the current quarter, citing an ongoing supply crunch for computer parts, particularly memory. The chipmaker posted adjusted earnings per share of $2.21 on

According to Qualcomm's fiscal third-quarter earnings report released Wednesday, the chipmaker posted adjusted earnings per share of $2.21 on revenue of $9.95 billion, in line with analyst expectations. However, it issued light guidance for the current quarter due to ongoing

Meta raised its full-year capital expenditure guidance to $130–145 billion, up from its previous estimate of $125–145 billion. The increase represents a $5 billion upward adjustment to the lower end of its spending range, according to the company's

According to Jin10, Microsoft's Azure and cloud services revenue grew 43% in the fourth quarter, excluding foreign exchange impacts, exceeding market expectations.

According to Jin10, Meta Platforms projected third-quarter revenue between $61 billion and $64 billion, compared to analyst consensus estimate of $63.17 billion.

According to ChainCatcher citing Gate data, U.S. stock indices closed significantly lower on July 29. The Dow Jones fell 1,152.46 points, or 2.18%, closing at 51,594.86; the S&P 500 declined 112.4 points, or 1.51%, to 7,316.38; the Nasdaq Composite dropped 433.97 points, or 1.74%, to 24,442.94.

Arm Holdings forecasts second-quarter revenue of $1.33 billion to $1.43 billion, above analyst consensus of $1.35 billion.

The VIX volatility index surged 14.0% intraday on July 29, closing at 20.77.

According to Jin10, U.S. stocks fell on Wednesday (July 30) following the Federal Reserve's policy decision, with the Dow declining 2.18%, S&P 500 down 1.5%, and Nasdaq down 1.7%. Semiconductor stocks showed mixed performance: Micron Technology dropped 9.9%, SanDisk fell 7%, and Nvidia

South Korean President Lee Jae-myung on 29th (local time) proposed that the Korea-Chile Free Trade Agreement must evolve to reflect the changed economic environment. He called for modernization to incorporate digital trade, artificial intelligence, clean technology, and critical minerals supply