Bitcoin jumps over 8% toward $77,000 as Treasury bond buybacks, Trump’s Clarity Act push and a record crypto short squeeze fuel the rally as BTC tests $80,000.
Micron stock climbed 3.97% to $974.33 after the chipmaker unveiled a $10 billion Boise research hub targeting AI memory and advanced computing technologies.
SK Hynix stock outperformed the KOSPI after reports of a possible memory-chip factory in Japan, although the company says no decision has been made.
Gold holds above $4,500 as a weaker dollar and Treasury buybacks support a third weekly gain, while Fed policy and Iran tensions keep volatility elevated.
WTI holds near $87 and Brent trades above $93 as new US threats against Iran intensify supply fears, putting crude on track for a second weekly gain today.
Oil prices remain near $94 as Trump intensifies economic pressure on Iran, Hormuz shipping stays restricted and supply concerns lift Brent and WTI.
Alibaba earnings call reveals RMB49.5 billion in AI ARR, 45% cloud growth, expanding T-Head chip sales and a three-year capex payback.
Walmart stock crashed 9.2% despite an earnings beat as weak US comparable sales, consumer pressure and cautious third-quarter guidance worried investors.
Alibaba stock recovered to gain 1.3% after profit fell 75% and AI spending jumped 75%, as 45% cloud growth offset concerns over cash burn.
IBM stock fell 1.5% as weak Q2 mainframe sales, legal scrutiny and analyst target cuts outweighed progress in quantum computing and government software.
Walmart stock fell 9% after weak US comparable sales overshadowed a revenue and earnings beat, despite higher full-year guidance for fiscal 2027.
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 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.
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 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.
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.
