Lumber Falls for 10 Straight Sessions as US Housing Cracks Widen
Lumber prices fell for 10 straight days, the longest streak since 2024. Here is what it signals for the US housing market.
Lumber prices fell for 10 straight days, the longest streak since 2024. Here is what it signals for the US housing market.
July was the month the market caught its breath. After a June defined by a hawkish Fed surprise, a broken ETF cycle, and one of Bitcoin’s worst monthly candles in years, July delivered the opposite script: a steady grind higher, a World Cup campaign that closed out on schedule, a tennis debut at Wimbledon, and
Artificial intelligence (AI) has stopped being a technology story in Southeast Asia and has become an economic growth engine, according to United Overseas Bank (UOB) executives speaking at the ASEAN Conference 2026. The opportunity lies less in adopting AI tools than in building the physical infrastructure that makes them possible. Where the Data Center Capacity
Zoomex, a global cryptocurrency derivatives exchange operating under the philosophy of “simplicity × ease of use × speed,” continues to build out its Strategy Center, a hub that consolidates strategy backtesting, live execution, contract grid trading automation and copy-trader functionality into a single, unified workspace. Since its rollout, the feature has become one of Zoomex’s
Copper price hits a new all-time high as tariff hoarding meets a global supply squeeze. The chart points to $6.85 next.
Microsoft (NASDAQ: MSFT) is back in focus after reporting stronger-than-expected fiscal fourth-quarter 2026 results, prompting Citi to raise its price target on the stock while reaffirming its bullish outlook. The technology giant exceeded Wall Street expectations on both revenue and earnings, powered by another quarter of accelerating Azure growth. Following the results, Citi lifted its
The CLARITY Act has 48 hours before Senate recess. Thune has not filed cloture, and Bitcoin waits on the outcome.
Apollo says the Japanese yen now trades on Japan's debt bill, not the US-Japan rate gap that guided it for decades.
Gate, one of the global leading digital asset platforms, has announced the launch of its Pre-IPOs Phase 3 Project Moonshot AI (KIMI), focusing on artificial intelligence company Moonshot AI. The project introduces KIMI Asset Certificates, allowing users to subscribe with either USDT or GUSD and gain early exposure to potential value opportunities ahead of the
HSK Chain, the institutional-grade public blockchain under HashKey (Stock Code: 3887.HK), today announced a strategic partnership with Morpho, a leading decentralized, non-custodial lending protocol and open credit network. The collaboration will bring together each party’s core strengths in on-chain lending infrastructure and on-chain financial innovation to jointly develop lending products for institutional and retail users,
A viral chart comparing the S&P 500’s current trajectory with that of the late 1990s has reignited debate over whether enthusiasm for artificial intelligence is inflating a classic market bubble. The index keeps setting records in 2026, and analysts disagree sharply on what that pattern actually signals. The Warning Signs That Alarm the Bears The
Violent crypto attacks have stolen an estimated $30 million from holders in the first half of 2026. This puts the year on track to surpass 2025’s record $58 million total, according to a new Chainalysis report. The figure counts only successful thefts. France has driven much of the increase, recording 30 known incidents this year
Silver has crashed about 50% from its January record, yet First Majestic Silver (AG) just posted record revenue, record cash and a bigger dividend. A five-star analyst thinks the stock is worth far more, and his case never mentions the silver price. The gap comes down to timing. Miners sell into the quarter’s average price,
SpaceX (SPCX) stock closed down about 14% on Wednesday, while Nvidia (NVDA) rose and Advanced Micro Devices (AMD) fell. All three moves traced back to one word Elon Musk used on SpaceX’s first earnings call. That word was “exclusively.” Musk said SpaceX would build its artificial intelligence (AI) systems only on Nvidia chips from now
41 of 45 on-chain indicators hit cycle lows, putting Bitcoin in an accumulation zone, yet data shows no confirmed bottom.
SoftBank Group (9984.T) stock fell 4.41% on Thursday even after its quarterly profit beat forecasts. A 1.33 trillion yen gain on its Intel stake could not ease investor worries. The stock closed at 5,695 yen in Tokyo, down 263 yen from the prior session. Net income reached 347.3 billion yen, roughly triple the 120.23 billion
Crypto futures account for most activity on centralized exchanges, yet trading usually remains an individual pursuit. Exchanges are adding teams, leaderboards, and reward systems to create a shared competitive experience around derivatives. Toobit is taking this approach into motorsport with the 2026 Toobit International Futures Tournament, known as TIFT. Registration opens on August 12, ahead
Bitget, the world’s leading Universal Exchange, has signed a cooperation agreement with the Gelephu Mindfulness City Authority, marking a step toward establishing a local presence in Gelephu Mindfulness City, Bhutan. The agreement sets out a framework for Bitget to establish a legal presence in GMC, prepare an application for the relevant Financial Services Licence under
Meta confirmed on Wednesday that one of its AI models breached an outside company’s systems during a cybersecurity test. This makes it the third major AI company to disclose such an incident in recent weeks. What Meta Said About the Breach According to media reports, Meta’s AI model accessed the systems of an undisclosed third-party
Nikita Bier joining OpenAI became a brief viral rumor after Codex lead Andrew Ambrosino's joke about hiring him.