
SpaceX (SPCX.US) dropped over 3% to $134.54 following a three-day rally. Vanda Research data showed retail traders net sold $4.5 million worth of shares on August 7, marking the first negative retail flow since its June 12 IPO as investors locked in

Explore how donor-advised funds (DAFs) enable tax-efficient donations of appreciated assets while fostering family engagement in philanthropy and simplifying charitable planning.

McKinsey reports global balance sheets reached $1,800 trillion in 2025, but nearly 60% of wealth growth stems from asset price inflation rather than real capital. Divergence among the US, Europe, and China adds rebalancing risks.

The US and Japan launched a historic joint yen-buying intervention. Treasury Secretary Bessent aims to curb US Treasury yield volatility, while Japan faces pressure to hike rates, boost defense spending, and execute its $5500B US investment plan.

Gold remained near a seven-week high as progress on a Strait of Hormuz transit draft eased energy inflation risks, lowering Federal Reserve rate hike odds. Markets now await U.S. nonfarm payrolls.

SoftBank Group has arranged a $10 billion two-year margin loan backed by its equity stake in OpenAI. Provided by a syndicate including Goldman Sachs and JPMorgan, the funds will support general corporate purposes and Vision Fund operations, subject…

The Central Bank of Brazil reduced its benchmark interest rate by 25 basis points to 14.00% in line with expectations, while adopting a more hawkish stance due to upside inflation risks and unanchored expectations.

US July ADP payrolls missed market expectations, easing Fed rate hike pressure and pushing spot gold above $4,300, while coal and dividend ETFs outshone amid Hong Kong market pullback.

Brazil's industrial output fell 1.8% month-on-month in June, marked as the largest decline since December 2025. Weakness in consumer goods fuels expectations for a 25 bps rate cut by the central bank.

Philadelphia Fed President Anna Paulson stated she remains open to future rate hikes or holding interest rates elevated for longer. While recent inflation improvements are encouraging, decisions will stay data-dependent as the Fed maintains its 3.5%…

Prediction market platform Polymarket is in preliminary talks to raise about $1 billion at a valuation exceeding $20 billion. Major backers including ICE and D.E. Shaw previously invested as competition with rival Kalshi intensifies.

Statistics Canada reported a June trade surplus of C3.86billion,markingthefourthconsecutivemonthlysurplus.TotalexportsreachedarecordC77.5 billion boosted by a 27.9% spike in unwrought gold, while high-tech data center imports lifted total imports to…
Stock Market Rally Boosts Risk Appetite While Credit Market Warns of Rising Risks
08-13
Gold Surges Past $4500 Amid Eased US Inflation Concerns and Softer Rate Hike Bets
08-13
Wall Street Giants Commit Trillions to U.S. Economic Security Infrastructure
08-13
AI Stocks Drive Nasdaq Higher While Cisco Shares Fall Over 6% After Earnings
08-13
Bitcoin User Loses Over $100K in Fees Due to Runaway Replace-by-Fee Transaction
08-13
Dow Futures Steady as Cisco and Coherent Report; AI Stocks Lead Gains
08-13
South Korea's Central Bank Adds $250 Million in Gold ETFs After 13 Years
08-13
Crypto Market Maker GSR Cuts Bitcoin to 17% While Boosting Solana to 44%
08-13
Asian Markets Update: Oil Edges Lower Amid UAE’s Release of Iranian Assets
08-13
Goldman Sachs: Weak US Data and BOJ Policy Risks Could Trigger New Yen Intervention
08-13
Goldman Sachs: Japan’s $1 Trillion Forex Reserves Support Potential Yen Interventions
08-13
BofA Economist Maintains Three Fed Rate Hikes This Year Despite July CPI Meeting Expectations
08-13
Chip Stocks Near Bull Market Amid Earnings Boost, Analysts Advise Caution on Demand
08-13
Norway’s Sovereign Wealth Fund Discloses $1.2 Billion Stake in SpaceX
08-13
AI Pioneer Anthropic Targets $2 Trillion Valuation in October IPO
08-13