2d ago
U.S. stock futures rise as Atlassian jumps 31.6% and Microchip gains 8.9% ahead of jobs report
U.S. stock futures edged higher on Friday as investors awaited the U.S. employment report. Strong earnings from tech companies lifted sentiment, with Atlassian up 31.6% in premarket trading and Microchip Technology rising 8.9%. The S&P 500 and the Dow were set for their best weekly performance since April, while the Nasdaq was on track for its biggest weekly gain since May. The government also raised tariffs on polysilicon to support domestic industry.
2d ago
2d ago
Alphabet’s multi-tranche bond sale puts investor demand for AI-linked debt to the test
Alphabet issued multi-maturity bonds on August 6 as its AI buildout drives capital spending higher. Second-quarter capital expenditure reached $44.9 billion, roughly double a year earlier, and the company lifted its 2026 capex guidance to $195-$205 billion. Alphabet posted $119.8 billion in quarterly revenue, up 24%, and reported a cloud backlog of $514 billion. The 30-year Treasury yield stood at 5.17%.
2d ago
2d ago
Tokenized real-world assets surge to $7.4B in 12 months as DeFi deposits slide 15%
Tokenized real-world assets (RWA) held in lending protocols and decentralized exchanges climbed from $2.3 billion to $7.4 billion over the past twelve months, a gain of more than 220%, according to a joint CoinShares and Token Terminal report. Over the same period, total DeFi deposits fell about 15% and DEX trading volume dropped roughly 70%. Tokenized Treasury products typically offer annual yields in the 3% to 5.5% range. CoinShares said those products can keep generating income even when posted as collateral.
2d ago