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Hybio Pharma Surges 20% After Announcing RWA Token Partnership with KuCoin
On Monday, August 4, Chinese pharmaceutical firm Hybio Pharma (SHE: 300199) saw its stock skyrocket 20% intraday, hitting the daily limit before settling around +18%, following news of a strategic partnership with KuCoin, the world’s 9th-largest crypto exchange.TradingKey
Aug 4, 2025
EUR/JPY strengthens to near 171.00 amid uncertainty about timing of BoJ's next rate hike
The EUR/JPY cross gains momentum to near 171.00 during the Asian trading hours on Monday. The Japanese Yen (JPY) weakens against the Euro (EUR) amid reduced Bank of Japan (BoJ) rate hike expectations and political uncertainty in Japan.
Fxstreet
Aug 4, 2025
Gold price edges lower amid modest USD uptick; September Fed rate cut bets limit losses
Gold price (XAU/USD) pulls back from the $3,369 region, or over a one-week top touched during the Asian session on Monday, and for now, seems to have stalled last week's goodish recovery move from a one-month low.
Fxstreet
Aug 4, 2025
South Korean banks are preparing to enter the crypto and stablecoin market
South Korea’s leading banks are eyeing faster entry into the crypto and stablecoin markets. The announcement comes as executives around the crypto industry predict upcoming laws at the national level will pave the way for mass issuance of stablecoins and other digital asset services.Cryptopolitan
Aug 4, 2025
Trump Fires BLS Head After Jobs Report — Is America’s Data “Gold Standard” at Risk?
TradingKey - In a move that has sent shockwaves through the economic and political establishment, President Donald Trump ordered the dismissal of Erika McEntarfer, Commissioner of the U.S. Bureau of Labor Statistics (BLS), just hours after the release of the July nonfarm payrolls report on FridayTradingKey
Aug 4, 2025
Elon Musk reveals that senior Meta engineers have moved to xAI without needing “insane” compensation
Elon Musk has revealed that a number of senior engineers at Meta have transitioned to his AI venture, xAI, despite modest initial compensation packages. Musk predicted that in the long run, xAI’s valuation may exceed Meta’s, and highlighted the firm’s tendency to award substantial...Cryptopolitan
Aug 4, 2025
Trump fired BLS chief Erika McEntarfer after weak job numbers without offering solid evidence
President Trump’s economic team is now trying to defend his sudden decision to fire the head of the Bureau of Labor Statistics, and they’re doing it without a clear case or solid numbers. National Economic Council Director Kevin Hassett was all over TV today trying to...Cryptopolitan
Aug 4, 2025
OPEC+ agrees to boost oil production by 548K bpd for September, as expected
The Organization of Petroleum Exporting Countries and its allies (OPEC+) on Sunday announced plans to boost oil production by 547,000 barrels per day (bps) for September as concerns mount over potential supply disruptions linked to Russia, Bloomberg reported on Sunday.
Tesla Slapped with Record $329M Penalty for Fatal Autopilot Failure; Self-Driving Credibility in Freefall
TradingKey - A Miami jury has ruled that Tesla (TSLA) is partially liable for a fatal accident that occurred in Key Largo, Florida, in 2019, ordering the company to pay $329 million in damages.
TradingKey
Aug 1, 2025
Trump Blasts BLS for Data Manipulation, Slams Powell Over Rate Cuts — While Claiming Credit for Economic Success
TradingKey - In a series of posts on Truth Social, former U.S. President Donald Trump launched a scathing attack on the Bureau of Labor Statistics (BLS), accusing the agency of manipulating employment data and calling for immediate leadership changes.TradingKey
Aug 1, 2025
Pepe Coin (PEPE) vs Mutuum Finance (MUTM): Top Crypto to Buy for August-December 2025 Rally
Still wondering what to buy before July ends? With the crypto market gearing up for a potential parabolic rally from August through December 2025, Mutuum Finance (MUTM) is storming onto the scene as a breakout contender, and for good reason.
Cryptopolitan
Aug 1, 2025
AUD/USD slips despite soft NFP as RBA rate cut bets keep Aussie pressured
The Australian Dollar (AUD) remains under pressure against the US Dollar (USD) on Friday, giving back most of its earlier gains despite broad weakness in the Greenback following a disappointing Nonfarm Payrolls (NFP) data.
Fxstreet
Aug 1, 2025
Weight-Loss Wonder Drug Luster Fades? Novo Nordisk Plunges 30% in Worst Week
TradingKey - Global obesity treatment leader Novo Nordisk is experiencing what may be the most severe week of stock decline in its history, with shares plummeting over 30% this week and wiping out more than $80 billion in market value. The Danish pharmaceutical giant has fallen out of Europe's top..
TradingKey
Aug 1, 2025
Stocks, Bonds, and the Dollar All Fall — U.S. Jobs Report Disappoints: Is a September Rate Cut Now Certain?
TradingKey - The U.S. July jobs report came in far weaker than expected, compounded by disappointing guidance from tech giant Amazon, sending U.S. stocks sharply lower on Friday. Investor bets on a Federal Reserve rate cut surged, with the probability of a September cut jumping to 80.5%TradingKey
Aug 1, 2025
Amazon Falls 7% on AWS Growth Concerns, But Analysts Remain Upbeat
TradingKey - In post-market trading on Thursday, Amazon (AMZN.US) reported second-quarter revenue and profit that exceeded expectations. However, Amazon Web Services (AWS) revenue only slightly surpassed forecasts, and mixed third-quarter guidance led to a 7% drop in its shares after hours.
TradingKey
Aug 1, 2025
Reddit Earnings Explode on AI Advertising Boom — Profit Doubles Forecast, Stock Jumps 15%
TradingKey - Fueled by artificial intelligence in advertising, community-driven social platform Reddit (RDDT) delivered a blockbuster second-quarter performance, reporting record profits and strong forward guidance that far exceeded expectations.
TradingKey
Aug 1, 2025
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