China's September Caixin Manufacturing PMI contracts to 49.3, Services PMI drops to 50.3

Wall Street institutions have ventured into Bitcoin primarily due to the United States' legalization and proactive embrace of the asset. Furthermore, these institutions recognize that Bitcoin offers potential profitability through strategies such as crisis hedging and capital appreciation from future price increases.

TradingKey - Nvidia Q1 FY2027 earnings May 20. Consensus: $78B revenue, $65B+ data centre, 74%+ margins. BofA target $320. NVDA at $224 at Fib 0.382 support. Breakout targets $231–$237.

Tradingkey - Since the beginning of this year, the wave of Agentic AI has driven an exponential increase in market demand for CPU chips, shifting the previous narrative that only GPUs would significantly benefit from AI. Current mainstream Agentic AI includes Anthropic’s Claude Cowork and OpenClaw. In the Agentic AI era, the role of the CPU has transitioned from an auxiliary component in the computing power value chain to the central control hub of agent systems. In this era, a CPU’s concurrency capabilities, memory bandwidth, and scheduling efficiency directly determine a system’s response speed and processing power. Once agent concurrency exceeds the CPU's capacity limit, issues such as request queuing and tool call failures arise, directly impacting user experience and system stability.

(Reuters Breakingviews) - Wall Street’s lucrative private-credit empire is facing its first true stress test. Funds targeting wealthy individuals set up by BlackRock BLK.N, Morgan Stanley MS.N and peers are limiting withdrawals, as small-dollar backers desert a $23...

TradingKey - After President Trump’s “Liberation Day” trade tariffs announcement, one of the weirdest things to happen in market was that bond yields actually rose significantly.