Macro Caps
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News, analysis and trends shaping global markets.

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🚨 BREAKING: πŸ‡ΊπŸ‡Έ US PPI came in at 5.5%, lower than the expected 6.2%.

Core Inflation is cooling down. Bullish for the markets. πŸ“ˆ
🏦 Binance's latest Proof-of-Reserves shows customers holding ~640,295 $BTC (worth >$40B) - up 1.22% this month, third straight increase.

$ETH holdings: 4,086,350 (~$7.3B).

Binance is world's largest digital assets exchange.
πŸ‡°πŸ‡·πŸš¨ S. KOREA TO TEMPORARILY HALT NEW SINGLE STOCK LEVERAGED ETFS

SOUTH KOREA HIKES MINIMUM DEPOSIT REQUIREMENT FOR CHIP LEVERAGED ETF: INFINITYHEDGE
πŸš¨πŸ‡ΊπŸ‡Έ BREAKING: US Initial Jobless Claims drop at 8:30 AM ET, right before markets open!

β€’ < 215K β†’ Markets go parabolic 🟩
β€’ ~215K β†’ Sideways action ⬛️
β€’ > 220K β†’ Hard dump expected πŸŸ₯

All eyes on the data today! πŸ“ˆπŸ‘€
$BTC Technical Analysis πŸ“Š

Current: $64,200 (-0.7% 24h)
24h High: $65,530
24h Low: $63,900
Weekly: +4% after rebound off $62k support

πŸŸ₯ Resistance: $65,150 β†’ $66,000 β†’ $68k

🟩 Support: $63,700 β†’ $62,300 β†’ $60,500 (major)

πŸ‘€ Watch $65k breakout for momentum toward $68k or rejection back to $62k range.
πŸ‡ΊπŸ‡Έ INITIAL JOBLESS CLAIMS DATA HAS JUST BEEN OFFICIALLY RELEASED:

EXPECTATIONS: 217,000
ACTUAL: 208,000

This could support the dollar but pressure stocks and crypto if traders expect Fed rate cuts. πŸ“‰
🚨 SpaceX shares $SPCX have crashed 41.1% from their peak, erasing over $1 TRILLION in market value in one of the biggest wealth wipes in history.

Investor sentiment cooling off fast? πŸ“‰
πŸ‘€πŸ“‰ Burry's doubling down: he's piling into more Nvidia shorts while trimming Oracle puts after that big drop, and snapping up DraftKings shares because his bet there hasn't changed.

He reckons Netflix is way overpriced: "Disney does wine, Netflix does milk" – and only worth buying below $50, plus he's eyeing cheap Hong Kong stocks like JD.com as the AI glow fades from chips.

Basically, he's calling time on the AI boom and hunting value in what everyone left behind.
Chinese startup Kimi dropped Kimi K3. This 2.8 trillion parameter open model has a huge 1M context window and beats top US models like Claude Fable on coding tasks while costing way less.

Markets freaked out with semis selling off and Nvidia dipping. Another DeepSeek moment? Or will cheap powerful AI just drive even more demand? πŸ‘€

Weights release July 27. Interesting times ahead.
πŸ“‰πŸ‡ΊπŸ‡Έ Elon Musk's net worth drops approximately $500 billion in one month as SpaceX and Tesla shares face post-IPO volatility and market pressures.

The world's richest person now valued at roughly $804 billion per Forbes real-time tracker.
World's Largest Companies by Marketcap πŸ“ˆ

Top 3:
- Nvidia $NVDA
- Apple $AAPL
- Google $GOOG

https://companiesmarketcap.com/
πŸš¨πŸ‡¨πŸ‡³ JUST IN: Kimi's parent Moonshot AI advances HK listing preparations amid booming Chinese AI IPO activity in Hong Kong, signalling strong domestic tech momentum.

The move builds on May 2026 plans to dismantle the VIE structure, with the company now valued above $20 billion following a recent $2 billion funding round backed by Alibaba and Tencent.

$NVDA $GOOG $META $SKM $SNDK $BABA
NASDAQ 100 performance since 1999 πŸ‘‡

1999: +79%🟒
2000: -36.1%πŸ”΄
2001: -33.4%πŸ”΄
2002: -37.4%πŸ”΄
2003: +49.7%🟒
2004: +10.5%🟒
2005: +1.6%🟒
2006: +7.1%🟒
2007: +19%🟒
2008: -41.7%πŸ”΄
2009: +54.7%🟒
2010: +19.9%🟒
2011: +3.4%🟒
2012: +18.1%🟒
2013: +36.6%🟒
2014: +19.2%🟒
2015: +9.5%🟒
2016: +7.1%🟒
2017: +32.7%🟒
2018: -0.1%πŸ”΄
2019: +39%🟒
2020: +48.6%🟒
2021: +27.4%🟒
2022: -32.6%πŸ”΄
2023: +54.9%🟒
2024: +25.6%🟒
2025: +20.7%🟒
2026*: +13.4%🟒 (So far)
πŸ‡¨πŸ‡³πŸ¦ China is quietly stacking gold like never before. In May 2026 alone, they snapped up 48 tonnes through London markets, nearly 5x the official 10-tonne report. June saw another big +15t official add, their 20th straight month of buying. πŸͺ™

China's central bank gold purchases:

- March: +4.98t | Gold: $5.4k
- April: +8.09t | Gold: $4.6k
- May: +48t | Gold: $4.4k
- June: +14.93t | Gold: $4.2k

Real total this year? Probably closer to 80 tonnes. Central banks playing the long game. πŸ“ˆ
"Frequently, you'll look at a business having fabulous results. The question is, 'How long can this continue?' There's only one way I know to answer it: think about why the results are occurring nowβ€”and then figure out the forces that could cause those results to stop."

β€” Charlie Munger