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Treasury Sec. Bessent: US, China trade officials to meet again within three months
US Treasury Secretary Scott Bessent said early Wednesday that American and Chinese trade officials will meet again within the next two to three months to discuss the future of their economic ties.
US Dollar Index
Fxstreet
Wed, Aug 13
Top 3 AI tokens to watch as Perplexity offers $34.5 billion for Google Chrome
Artificial Intelligence (AI) tokens are back in the trend underpinned by the altcoins market recovery and Perplexity’s $34.5 billion longshot offer for Google Chrome on Tuesday. Bittensor (TAO), Near Protocol (NEAR), and Render (RNDR) are leading the gains among the top AI tokens
Fxstreet
Wed, Aug 13
Can Circle Escape the Sell-Off? Impressive Q2 Earnings Overshadowed by Losses and “New Shares” Anxiety
TradingKey - Circle (CRCL) released its first earnings report since its IPO just two months ago. Initial market reaction was positive, with shares surging 16% at the open on strong revenue growth and nearly doubled USDC circulation. However, concerns over wider losses, rising competition, and
Circle Internet Group Inc
TradingKey
Wed, Aug 13
Australian Dollar dips as RBA rate cut signals easing inflation trends, cooling employment
The Australian Dollar (AUD) declines on Wednesday after registering gains in the previous session. The AUD/USD pair remains subdued following the release of Wage Price Index data for the second quarter.
AUD/USD
Fxstreet
Wed, Aug 13
HK Movers | Tencent Music Soars 17% After It Beats Second-Quarterly Estimates as Content Expansion Boosts Demand
TME-SW beat estimates for second-quarter revenue on Tuesday as an expanded content library drove higher user engagement and robust subscriber growth in its online music services.
Tiger News
Wed, Aug 13
Bessent blasts Fed renovation and suggests 50 bps rate cut as U.S. pushes for major trade deals
Treasury Secretary Scott Bessent said the Federal Reserve should keep the door open to a larger, 50 basis-point rate cut next month, after opting to hold rates steady at its last meeting. Bessent told Fox Business on Tuesday that the real thing now to think about is whether we should get a...
Cryptopolitan
Wed, Aug 13
U.S. CPI Rises Slightly, Yet Markets Double Down on Rate Cut Bets: Decoding the Logic
TradingKey - On Thursday morning (U.S. Eastern Time), the U.S. Bureau of Labor Statistics released the July CPI report:Core CPI rose 3.1% year-over-year, the highest level in five months and above the 3.0% forecast.
TradingKey
Tue, Aug 12
Former St. Louis Fed President Bullard: Will accept Fed chair job if we aim for low and stable inflation
In an interview with CNBC on Tuesday, Former St. Louis Federal Reserve Bank President James Bullard said that he spoke with US Treasury Secretary Scott Bessent last week, per Reuters.
Fxstreet
Tue, Aug 12
Trade Desk Shares Plummet 38% Post-S&P 500 Debut; Cathie Wood Seizes Buying Opportunity
TradingKey - Following the release of its Q2 earnings on August 7, advertising tech company Trade Desk (TTD) saw its stock plunge by 38.6% the next day. Despite the dramatic fall, Cathie Wood of Ark Investment Management seized the opportunity to increase her holdings, purchasing over 725,000 shares
ARK Innovation ETF
ARK Next Generation Internet ETF
Trade Desk Inc
TradingKey
Tue, Aug 12
Gold, bonds rise ahead of CPI release as Wall Street grows resilient to Trump
Wall Street traders on Tuesday moved past Donald Trump’s latest trade decision and turned their attention to fresh U.S. inflation data, according to data from CNBC. U.S. stock futures were mixed in early morning trade.
Gold
Cryptopolitan
Tue, Aug 12
Ethereum ETFs smash Bitcoin with $1 billion in a day
Ethereum (ETH) just pulled off a Wall Street milestone. On August 11, US spot Ethereum ETFs notched a record $1.019 billion in daily net inflows. The massive influx of ETH ETFs outperformed Bitcoin-linked ETFs with a huge margin, suggesting that investors are now going after the biggest altcoin.
Ethereum
Cryptopolitan
Tue, Aug 12
Trump Expands Fed Chair Search — Who Will Lead the Central Bank? Multiple Candidates Emerge
TradingKey - With current Federal Reserve Chair Jerome Powell’s term set to expire in May 2026, the Trump administration has begun broadening its search for a successor, formally launching a selection process for the next Fed chair.
TradingKey
Tue, Aug 12
Shock Sale at Berkshire Hathaway: Longtime Supporter and Berkshire Director’s Firm Sells 30% of Holdings
TradingKey - As shares of Berkshire Hathaway, the company led by legendary investor Warren Buffett, retreated from recent highs, a notable move by one of its board members has raised concerns. Davis Selected Advisers, an investment firm affiliated with Chris Davis — a long-time supporter of Buffett
Applovin Corp
Berkshire Hathaway Inc
Berkshire Hathaway Inc
NVIDIA Corp
TradingKey
Tue, Aug 12
Intel Rallies Over 3% in Pre-Market — Is It Following Nvidia and AMD in Revenue-Sharing Talks with Trump?
On Tuesday, August 12, Intel Corporation (NASDAQ: INTC) extended its recent gains, rising 3.24% in pre-market trading to $21.35. This follows a 5% intraday surge on Monday, with the stock closing up 3.66%, driven by speculation surrounding a potential revenue-sharing agreement with the Trump admini
Intel Corp
NVIDIA Corp
Advanced Micro Devices Inc
TradingKey
Tue, Aug 12
Cannabis Stocks Rally 40% After Trump Considers Drug Reclassification
TradingKey - Cannabis stocks soared after President Donald Trump announced on Monday that he is considering reclassifying cannabis to a less-dangerous drug classification, with a decision expected in the coming weeks.
Tilray Brands Inc
Canopy Growth Corp
Greenlane Holdings Inc
Cronos Group Inc
AdvisorShares Pure US Cannabis ETF
TradingKey
Tue, Aug 12
U.S. July CPI Report Looms — Will Bitcoin Hit a New High or Face a Pullback
On Tuesday, August 12, Bitcoin (BTC) failed to extend its recent rally, falling below the $120,000 mark. Over the past 24 hours, BTC dropped more than 2%, currently trading at $118,985, as investors brace for key macroeconomic data.
Bitcoin
TradingKey
Tue, Aug 12
Intel CEO Lip-Bu Tan “Closes the Gap” with Trump — Government Support Could Be Key to Turnaround
TradingKey - Less than a week after U.S. President Donald Trump publicly criticized Intel CEO Lip-Bu Tan, calling him “highly conflicted” and demanding his immediate resignation, a meeting between the two appears to have shifted the narrative. The semiconductor giant’s CEO has used corporate diploma
Intel Corp
Taiwan Semiconductor Manufacturing Co Ltd
TradingKey
Tue, Aug 12
Bakkt’s Mixed Earnings Spark Debate Over Its Crypto Pivot
On Monday, August 11, digital asset platform Bakkt Holdings (NYSE: BKKT) reported mixed Q2 earnings, triggering a sharp sell-off in its stock.
Bakkt Holdings Inc
Bitcoin
TradingKey
Tue, Aug 12
Trump "Clarifies" Zero Gold Tariff Stance; Prices Suffer Biggest 3-Month Drop
TradingKey - On August 11, Trump posted a clear statement on his social media platform declaring "Gold will not be taxed," ending market concerns over potential gold tariffs and triggering a sharp price decline—the largest single-day drop in nearly three months.
Gold
TradingKey
Tue, Aug 12
[US IPO] Bullish Sets $990M IPO Target in 58% Upsizing Bid; Next Crypto Blockbuster in Sights?
TradingKey - Crypto platform Bullish has significantly increased its planned initial public offering (IPO) funding from $629 million to $990 million—a 58% surge—driven by surging institutional investor demand and rebounding digital asset prices including Bitcoin.
TradingKey
Tue, Aug 12
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