McDonald's Q2 revenue hits $7.1 billion, missing the estimated $7.12 billion.

CME's July contracts trading volume set a new record of 27 million, rising 23% year-over-year.

According to Bloomberg, citing sources familiar with the matter, Chinese robotics manufacturer AI2 Robotics is considering an initial public offering (IPO) in Hong Kong to capitalize on growing investor interest in the fast-expanding sector. The sources, who spoke on condition of anonymity due to the confidential nature of the discussions, noted that the Shenzhen-based firm is working with advisors to advance the potential listing, with a possible launch as early as next year.

According to Bitget's market data, WTI crude oil futures plunged 3.00% intraday, currently trading at $77.65 per barrel.

According to The Wall Street Journal, Wells Fargo plans to launch a tokenized deposit service for corporate and commercial clients this fall, the latest sign of major banks embracing the digital asset space. The fourth-largest bank in the U.S. by assets said clients will be able to use the tokenized deposits to conduct fund transfers, programming and settlements around the clock.

According to CNBC, U.S. Treasury Secretary Scott Bessent said regarding yen intervention that he believes the Bank of Japan will adopt the right policies. If the yen depreciates, other currencies will follow, he noted, adding that it is an honor to stand with Japan to help stabilize the situation. Bessent also flagged excessive volatility in the South Korean won, stating that it is reasonable for the Federal Reserve to consider expanding the repurchase facility for foreign and international monetary authorities, and that this facility is no different from foreign exchange swap lines. Separately, the U.S. may reach an Iran agreement as early as tomorrow to open the Strait of Hormuz, with the deal potentially being finalized on Tuesday or Wednesday.

Wintermute noted in a post that the Federal Reserve held the federal funds rate steady last week, helping stabilize U.S. equities, in part due to the completion of large forced sell-offs. Leveraged AI fund Situational Awareness sold its disclosed holdings to Citadel at a discount. After AI infrastructure longs were crushed and AI software shorts were squeezed, chip stock sell-offs had become self-reinforcing, but the handover of positions allowed the market to absorb the Fed’s hawkish hold. The crypto market was relatively resilient: Strategy once again sold Bitcoin to cover preferred stock dividends, a firmware vulnerability in Coldcard led to the theft of large Bitcoin holdings from users, and altcoins continued to be offloaded. The sequence of U.S. equities releasing pressure first and crypto markets following aligned with prior assessments; major cryptocurrencies pulled back less than 4% amid multiple shocks, indicating marginal selling pressure is nearly exhausted. Heavy positioning to bet on a strong rebound remains inadvisable, but holdings and options data suggest some market participants may have been caught off guard by a short-term technical rally. This week, focus will be on ISM services and non-farm payrolls data; the Jackson Hole Symposium is the last clear signaling window from the Federal Reserve ahead of the September rate decision. Institutional OTC spot trading volume has risen to a record 72%, with liquidity further concentrating in mainstream assets.