Global TradFi & Macroeconomics

According to Goldman Sachs, the implied correlation among S&P 500 constituents has fallen to its lowest level in decades, a factor suppressing the index's implied volatility. The analysis points to concentrated trading in AI-related stocks driving differentiation among individual securities, while c

According to Freddie Mac, the average interest rate on U.S. 30-year fixed-rate mortgages reached 6.69% this week, up 3 basis points from the prior week and marking the highest level since July 2025. The mortgage rate typically tracks the 10-year Treasury yield

According to Jin10, Zhiguang Electric denied today rumors circulating on social media and in the market that its BESS energy storage system and solid-state transformer had completed Nvidia AIDC BESS full self-qualification testing and NVOnline credential registration. The company stated the

Celsius Holdings (CELH) stock fell 16% in pre-market trading after the company reported second-quarter revenues and adjusted earnings per share that missed Wall Street estimates. The energy drink maker posted Q2 revenues of $817.9 million, an 11% year-over-year increase, falling short of the $872.6

Asia-Pacific stock markets closed lower today, with Japan's Nikkei 225 index falling over 1.5% and South Korea's KOSPI index declining nearly 1.8%, pressured by overnight US technology stock selling. China's Shanghai Composite opened lower but recovered during the session to close down

CMTX addressed shareholder concerns last month regarding expanded issuance limits for convertible bonds and bonds with warrants, stating the company has no current plans to issue these securities. The Korean stocks-listed semiconductor components manufacturer raised the limits at a shareholder

According to Zhitong Finance, on August 11, Hang Seng Index night futures (August contract) opened at 25,629 points at 5:02 PM Beijing time. The contract rose 1 point, or 0.004%, and traded at a discount of 24 points. Trading volume reached 104 contracts, with total open interest of 114,233 contract

According to UK Maritime Trade Operations, a tanker was involved in an incident with military forces in the Gulf of Oman today. The organization received a report regarding the encounter but did not disclose further

Hedge funds net purchased $4.8 billion in US stocks last week, marking the second-largest weekly buying volume since 2008. The move diverged sharply from institutional investors, who net sold $3.8 billion and ended a four-week buying streak, while retail investors recorded a modest $200 million in n

Celsius Energy Drink reported 2Q revenues of $817.9 million, up 11% year-over-year but missing the consensus estimate of $872.6 million. Adjusted EPS came in at $0.36 versus the estimate of $0.41, with the stock declining 16% in pre-market trading on the miss. North America revenue reached $790.7 mi

SpaceX and Tesla announced today the construction of Terafab, an advanced semiconductor manufacturing facility in Grimes County, Texas. The initial phase requires approximately $16.8 billion in capital investments and will employ at least 3,000 people, with 60-80% expected to be local hires from Gri

According to @t1alpha (The Flows), the SOXL semiconductor ETF experienced a significant market-on-close (MOC) buying imbalance of $8.5 billion in latest trading, marking the sixth-largest in the fund's history and the largest ever recorded when the fund's market cap was below $25 billion.

Jefferies lowered its price target for SanDisk (SNDK) while maintaining a buy rating following the company's June quarter results and September guidance. The June quarter showed strong execution, but the September guidance met market expectations without exceeding them. Management indicated a

Dajin Financial (01073) released a profit forecast announcement on August 11, 2026, projecting net profit after tax of approximately HKD 32 million for the first half of 2026 (ended June 30), compared to HKD 15 million in the same period of 2025—representing a

According to its announcement, New Mineral Resources (01231) expects a net loss of approximately $1.1 million for the six months ended June 30, 2026, compared to a $0.4 million loss in the same period last year. The company

According to Goldman Sachs, memory chip supply shortages are expected to reach their peak in 2027, with DRAM facing a 5.9% deficit, HBM a 6.0% deficit, and NAND a 4.6% deficit. The bank's analysis shows shortages widening from 2026 levels (DRAM -5.0%, HBM -5.4%, NAND -4.4%) and then gradually

Humanoid robots and electric vehicles face a shared supply bottleneck in rare earth magnets, with each humanoid unit requiring 3.5–4 kilograms of neodymium magnets. China controls 59 percent of global rare earth mining, 91 percent of refining, and 94 percent of magnet manufacturing. In late July, th

Pre-market on August 11, U.S. stocks showed mixed movement as the S&P 500 rose 0.1% while Nasdaq fell 0.6% amid tech stock weakness. S&P 2026 EPS estimates have climbed to $347, representing a 26% year-over-year increase, with the index's forward P/E ratio now at 22.3x. This valuation marks the

ETF Pro added two new ETFs to its Long Side portfolio today, according to the platform's official announcement.

Copper prices reached a record high of 6.816 USD per pound, marking a 117% increase since July 2022. The surge is driven by accelerating demand from AI infrastructure construction, particularly data center power systems, cooling equipment, and distribution networks. Data centers require large