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In brief Brad Lightcap is leaving OpenAI after eight years. His departure follows several recent exits across the company’s leadership, ethics, and safety teams. OpenAI confidentially filed for a potential IPO in June but has not committed to going public. Longtime OpenAI executive Brad Lightcap announced Tuesday that he is leaving the AI developer after eight years to start a new venture. It’s the latest among a string of departures at the AI behemoth, leaving observers to wonder what to make of the moves as OpenAI preps for an IPO.In a post on X, Lightcap said starting something new was…

Strategy said it held 840,447 BTC as of Aug. 9 and has begun treating its Bitcoin reserve as a source of balance-sheet flexibility.Michael Saylor said Strategy sold $108 million in Bitcoin and $653 million in MSTR shares to increase its dollar reserve by $650 million, and repurchased $109 million of STRC, its variable-rate preferred stock.The timing aligns the three moves without proving that each dollar from the Bitcoin sale directly funded the repurchase. Strategy is also willing to convert a small portion of its BTC into liquidity while supporting a capital structure whose dividends and interest are measured in dollars.The…

Bitcoin BTC$63,694.60 barely budged on Tuesday, extending a five-week standstill as steady demand from exchange-traded funds ran into selling from miners and corporate holders.BTC slipped to around $63,500, down 0.6% over the past 24 hours. More importantly, the largest cryptocurrency remained trapped in the roughly $62,000-$66,000 range that has contained prices for much of the summer.“Bitcoin’s recent price action has largely been driven by steady ETF inflows being offset by OTC selling from miners and Strategy (MSTR),” Paul Howard, senior director at trading firm Wincent, said.Daily spot bitcoin ETF flows (SooValue)Crypto trading volumes have fallen to their lowest levels in…

Peter Zhang Aug 11, 2026 09:57 AAVE is grinding just above critical support at $87.67 with smart money skewing long while retail sits on the fence — but until $93.21 breaks decisively, every bounce is a sell. A close below $86.2… Market Context: Why AAVE is Moving Now AAVE is in a low-conviction bleed. Down roughly 2.4% over the past 24 hours and sitting at $89.13 as of the August 11 New York pre-market open, there’s no single macro catalyst here — this is structural drift. The token has surrendered ground across every…

NAB on RBA wording shift: Outlook relatively even handed, sees first rate cut mid-2027 !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}

OCBC analysts Sim Moh Siong and Christopher Wong discuss USD/SGD after its post-payroll decline, noting the pair last traded near 1.28 with bearish momentum starting to wane. They highlight potential technical rebound risks, outlining key resistance around 1.2830/40 and 1.2870/90 and support near 1.2770 and 1.2740. They add that near-term direction will depend on broader USD and USD/CNY moves and upcoming US data.Analysts flag fading downside momentum”USD/SGD consolidated overnight after the decline post-payroll on Fri. Last seen at 1.28 levels.””Bearish momentum intact but shows signs of waning while RSI shows signs of turning higher from near oversold conditions. Rebound risks…

US Treasury yields eased on Tuesday as most investors remain cautious, awaiting the release of US inflation figures and the resolution of the US-Iran conflict, which has encountered hurdles.Oil prices continued their advance for two straight days, with West Texas Intermediate (WTI), the US crude benchmark, hitting a seven-day high of $84.61. Despite this, the US 10-year benchmark note dipped one basis point to 4.69%.July’s Consumer Price Index (CPI) is expected to decline slightly from 3.5% to 3.4% year over year. The core CPI, excluding volatile items, is also forecasted to decrease from 2.6% to 2.5% YoY. Additionally, on August…

AUD/USD trades just above 0.7050 on Tuesday August 11, a tenth of a percent firmer inside a 29-pip range, having taken the Reserve Bank of Australia (RBA) decision entirely in its stride. The board left the cash rate at 4.35% on a unanimous vote and published fresh quarterly forecasts alongside it, the fifth decision of the year, and the currency barely acknowledged any of it.The flat reaction is the least interesting thing about the day. What matters is the gap that opens behind the decision, because the next Australian meeting is seven weeks out and the next American one is…

Nvidia mobilise Wall Street pour financer son écosystème IA. Les gérants d’actifs devront surtout être sensibles à la transparence des montages.

CoreWeave CEO Michael Intrator appears after the company’s initial public offering at the Nasdaq MarketSite in New York on March 28, 2025.Michael Nagle | Bloomberg | Getty ImagesCoreWeave shares jumped 13% in extended trading on Tuesday after the AI infrastructure provider reported revenue than topped Wall Street expectations.Here’s how the company did relative to LSEG consensus:Earnings per share: Loss of $1.03 adjusted vs. loss of $1.20 expectedRevenue: $2.58 billion vs. $2.56 billion expectedRevenue climbed 112% during the quarter from a year earlier, CoreWeave said in a statement. Net loss of $626 million increased from $290 million, or 60 cents per share,…