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The onshore Chinese yuan strengthened slightly against the US dollar on July 22, closing 25 basis points higher from the previous night session at 6.7665. Trading remained active with a daily volume of $36.513 billion, reflecting sustained market attention amid recent currency fluctuations.
Read MoreGoldman Sachs has established a new "Alternative Investments Platform," merging existing businesses with two new teams dedicated to direct private company investments and secondary transactions. This move aims to provide wealthy clients and family offices with streamlined access to private markets.
Read MoreCoreWeave's CEO announced a major push in AI infrastructure deployment, expressing confidence in its AI-native cloud strategy. The company expects the accounting impact of depreciation to diminish as AI cloud revenue grows, signaling a clear path forward.
Read MoreOn July 22, OpenAI officially opened access to ChatGPT Work and GPT-5.6 for small businesses. This move lowers the barrier to enterprise AI, offering tailored, secure solutions for smarter operations and innovation.
Read MorePresident Trump warned that the U.S. is prepared to take military action if Yemen's Houthi rebels move to blockade Red Sea shipping lanes and threaten Saudi energy exports. He stated the U.S. has acted against the group before and will do so again if necessary.
Read MoreThe GROK AI assistant has launched as a Microsoft 365 plugin for Outlook, now available to specific paid user tiers. This integration aims to transform email management and workplace collaboration through intelligent automation, marking a significant step in embedding AI into core productivity tools.
Read MorePresident Trump announced during a meeting with Lebanon's president that the U.S. will soon launch a "devastating" strike on Iran's underground "Koh-e-Sabz" nuclear facility. This statement signals a dangerous escalation in tensions and raises international concerns about renewed conflict in the Middle East.
Read MoreCanadian Prime Minister Justin Trudeau warned that Canada will consider all options if the United States imposes new tariffs, following a call with President Trump. This signals a potential escalation in trade tensions between the two allies.
Read MoreSpaceX is set to unlock over $116 billion worth of shares starting August 6th, marking one of the largest liquidity events in capital market history. The initial release involves more than 900 million shares, with billions more becoming eligible by year-end, testing market appetite for the pioneering aerospace firm.
Read MorePresident Trump met with Lebanon's leader at the White House, pledging significant U.S. assistance for long-standing challenges. On Iran, he stated there is no interest in meeting until Tehran is fully prepared, despite Iranian requests for dialogue.
Read MoreBenchmarks reveal NVIDIA's Vera CPU doubles AI inference speed and boosts concurrent agent support by 60% compared to other CPUs. Designed for complex AI workloads, it enhances cost efficiency and infrastructure utilization for cloud providers.
Read MoreNVIDIA's Vera Rubin AI platform is expanding globally. CoreWeave tests show its flagship NVL72 system delivers a 10x improvement in token throughput per megawatt compared to its predecessor. The platform integrates new CPUs, GPUs, and high-speed interconnects to slash AI infrastructure costs and power consumption, now deployed across 350+ nodes worldwide.
Read MorePresident Trump acknowledged Iran exploited a gap in US defenses during the Jordan attack, suggesting deployment flaws. He claimed the US is degrading Iran's military capabilities but did not specify what alternative forces were needed. The attack previously killed two US soldiers.
Read MoreOn July 21, US-listed cryptocurrency-related stocks saw widespread and significant gains. Coinbase led the rally with a surge of over 12%, followed by notable increases for Robinhood, Circle, and others, indicating a shift in market sentiment towards the crypto sector.
Read MoreTelegram founder Pavel Durov announced plans to integrate a native non-custodial Gram wallet for all users. This move aims to enable Telegram's over 1 billion users to conduct instant, fee-free cryptocurrency transactions directly within the app, marking a significant integration of messaging and decentralized finance.
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