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Asian Stocks Struggle as Oil Trades Near Four Month Lows.
Asian markets moved unevenly as investors watched oil prices, currency pressure, AI valuations and geopolitical uncertainty between the United States and Iran.
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Apple And Google Take Down Crypto Apps From Alleged $24 Billion Cyberscam
For the last few months, Apple and Google’s app stores hosted apps developed by Huione Group, a Cambodia-based company that was accused of running the biggest ever dark web market on Tuesday.
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Gold Price Rally Drives Strong Annual Profit for Swiss National Bank
A surge in gold prices helped the Swiss National Bank deliver a strong profit in 2025, despite currency-related losses caused by a stronger Swiss franc.
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MicroStrategy Shares Drop as Company Considers Possible Bitcoin Sale
MicroStrategy shares moved lower after comments from Michael Saylor suggested the company could consider selling part of its Bitcoin holdings to support dividend payments.
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OpenAI raises $40B at $300B post-money valuation
OpenAI has secured $40 billion in one of the largest private funding rounds to date, bringing its valuation to $300 billion post-money.
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TIKTOK surpasses Meta in revenue
ByteDance launches a $330B employee buyback as revenue surges, while pressure mounts over the sale of TikTok’s U.S. business.
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JPMorgan Chase will get involved in stablecoins
JPMorgan explores stablecoins despite CEO Jamie Dimon's skepticism, as major U.S. banks position for crypto-enabled payment innovation.
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Markets This Week: August 10-16, 2026
Markets enter another important week with central bank decisions, inflation data, earnings from key AI names and renewed geopolitical tensions all competing for investors’ attention.
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Non-Farm Payrolls Inbound, ahead of Independence Day
Traders turn their attention to the June Non Farm Payrolls report ahead of Independence Day, with markets watching the US jobs data, unemployment rate, dollar reaction, gold, equities, and potential Fed rate cut implications.
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Trump repeats claim India will cut Russian oil imports
Trump reiterates that India has agreed to cut Russian oil imports following his conversation with PM Modi, though Delhi has not confirmed such a commitment.
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US Regulators Confirm No Extra Capital Rules for Tokenized Securities
U.S. banking regulators clarified that tokenized securities will be treated the same as traditional securities, removing concerns about additional capital requirements for banks.
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tesla shares went down 15% just today
Tesla’s stock sell-off accelerated on Monday, with shares of the electric vehicle maker dropping 15%, marking their worst market day since September 2020.
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The U.S. collected a record-breaking $22.3 billion in tariff revenue in May.
President Donald Trump’s aggressive tariff strategy is causing widespread economic disruption globally, yet it is yielding unexpected gains at home.
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Bitcoin slides below $90,000
Bitcoin dips under $90,000 for the first time in months as uncertainty over interest rates and weakening risk appetite drag the entire crypto market lower.
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Apple Beats Forecasts but Rising Costs Cast a Shadow on Margins
Apple posted record results and issued a strong outlook, but rising component costs and supply constraints are raising concerns about future margins.
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Tether’s Retreat From a $500 Billion Valuation Sparks IPO Speculation
Tether has scaled back plans for a massive private fundraising, raising new questions about valuation, investor confidence, and the long-term prospects of a potential IPO.
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China launches K visa to lure global talent
China launches the new “K visa” to attract young STEM professionals, positioning itself as a global talent hub.
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UK seals £6.4bn Saudi deals
The UK unveiled a £6.4bn package spanning export finance and private-sector deals to deepen trade with Saudi Arabia, positioning British firms for major projects.
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Banks Lend $18 Billion for Oracle-Tied Data Center in New Mexico
A group of 20 banks has joined forces to provide $18 billion in financing for a massive Oracle-linked data center in New Mexico, marking another major move in the U.S. AI infrastructure race.
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BlackRock's $50 Billion Investment in Bitcoin
BlackRock, the world’s largest asset manager, recently announced a monumental $50 billion investment in Bitcoin (BTC) and Ethereum (ETH), significantly shaking up the cryptocurrency market. According to a tweet by Crypto Rover on February 28, 2025, the breakdown of BlackRock’s holdings revealed $30 billion in BTC and $20 billion in ETH
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