Markets
60 stories
Wall Street's Favorite Trade Came Undone: Chips Close Their Worst Month Since 2008
The SOX fell 21% in July, $2.2 trillion evaporated, and the market's one-way AI consensus now has a two-way risk profile.
The Fed Holds — After the Hardest-to-Predict Meeting in Years
Markets went in pricing a one-in-three chance of a hike. The Warsh Fed delivered a pause without promises, and that counted as relief.
Oil Eases From Its Highs as Saudi Arabia Proposes a Naval Coalition for the Gulf
Brent settled near $89 after Riyadh floated collective protection for shipping — the first de-escalatory headline in a month of tanker attacks.
Chip Selloff Goes Global: SK Hynix, Samsung, and SoftBank Join the $1 Trillion-Plus Rout
The AI infrastructure trade's unwind jumped the Pacific, dragging Asia's memory and chip giants into what was already July's defining market story.
Soft CPI Gives Crypto Room to Run — and Ethereum Is Leading, Which History Says Matters
ETH jumped 7% over five days against Bitcoin's 2%, echoing the pattern that preceded the 2022 recovery. Analysts are calling ether 'increasingly compelling.'
Intel's Foundry Dream Hits the Yield Wall: Stock Down 21% in Seven Sessions
Reports that the 18A-P node won't reach profitable yields until late 2026 or 2027 turned the July chip selloff from rotation into rout.
'Green July' Opens Solidly as Crypto Steadies Into the Second Half
Bitcoin held near $60,000 and Ethereum around $1,600 to start H2 — unremarkable numbers that, after the first half crypto had, counted as a win.
The Bank Stablecoin Wave Arrives: SoFi, Revolut, and Crédit Agricole All Ship
A category crypto built is being colonized by the institutions it meant to bypass — and that's what mainstream infrastructure looks like.
Fed Holds in June, Still Penciling One Cut for 2026 — While Inflation Forecasts Drift the Wrong Way
The projections show core inflation at 2.7% by year-end, growth at 2.4%, and a committee in no hurry in either direction.
Bitcoin Breaches $72,000 as Spot ETF Inflows Eclipse Last Quarter's Total in Six Sessions
Institutional demand is tearing through supply. Coinbase custody wallets added 41,820 BTC in a week — more than miners produced in the same window.
Stablecoin Market Cap Tops $200 Billion for the First Time as USDC Closes the Gap on Tether
Circle has added $12 billion in supply this quarter, narrowing Tether's lead to the smallest margin since 2021. The composition of who is holding what has changed, too.
Solana Recovers Above $200 as Firedancer Mainnet Soak Test Begins
After a brief network hiccup earlier this week, traders are repricing the chain's reliability narrative on the back of Jump Crypto's long-awaited client.