Gold holds near $4,500 after US Treasury bond buybacks drive yields and the dollar lower, while markets await jobless claims and fresh Fed signals today.
Chip stocks diverge as SK Hynix rallies on a $29 billion buyback, while Broadcom falls and Marvell gains after Google’s custom AI chip deal.
Bitcoin briefly hits $70,000 as US Treasury buybacks lower bond yields, trigger a major crypto short squeeze and lift Ethereum, Solana and XRP sharply.
Moderna stock soared 177% after its personalized mRNA cancer vaccine met both Phase 3 melanoma endpoints, lifting Merck and the biotech sector.
The dollar index falls near 98.9 as Treasury buybacks lower long-term yields, lifting EUR/USD and the yen before key Jackson Hole policy signals this week.
Bitcoin price today surged above $71,000 as Treasury buybacks, ETF inflows, regulatory optimism and a major short squeeze fueled the rally.
Marvell stock jumped 9.9% after a Google custom AI chip deal and $12.2 billion warrant, while Broadcom fell 4.6% on competition concerns.
US national debt has topped $40 trillion as rising interest costs and Treasury yields create new risks for bonds, stocks and economic growth.
Gold price today rebounds near $4,355 as Treasury yields ease. Traders await Fed minutes for clues about September rates and the next XAU/USD move.
The 30-year Treasury yield hit 5.33%, its highest since 2007, as inflation, fiscal deficits and AI borrowing pressured bonds and global technology stocks.
Scott Galloway says SpaceX stock may be worth just $10–$30, warning its $143 price reflects limited supply, index demand and AI-driven hype.
Unitree Robotics stock surged 629% on its Shanghai debut before closing 460% higher, as its $66 billion valuation fuelled concerns over China’s robot boom.
Fed minutes may decide whether gold breaks $4,450 or the Dollar rebounds as markets weigh a divided FOMC, weaker US data and oil-driven inflation.
Pop Mart earnings arrive August 20, with revenue seen up 44% as investors assess overseas growth, margins and the company’s reliance on Labubu.
South Korea’s KOSPI sank more than 6% and triggered a sell-side Sidecar as SK Hynix, Samsung, Kioxia and SoftBank led an Asian technology sell-off.
Unitree stock surged 460% in its Shanghai IPO debut, lifting its valuation to RMB342 billion despite just RMB1.7 billion in 2025 revenue.
Oil prices rise for a fourth session as WTI nears $86 and Brent tops $91, with Hormuz attacks, stalled US-Iran talks and fuel supply risks in focus today.
Gold rises above $4,420 as weaker US data reduces Fed rate-hike bets, while a softer dollar and renewed US-Iran tensions support safe-haven demand today.
Anthropic’s annualized revenue run rate reportedly surpassed $65 billion as investors assess its IPO prospects, $2 trillion valuation case and financial risks.
Oil prices rise again as Brent tops $91 and WTI reaches $85 amid escalating Iran tensions, stalled diplomacy and renewed Strait of Hormuz supply risks.
