The Daily

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Ida Lerner,

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South Korea’s stock market has become one of the world’s biggest financial paradoxes. The KOSPI index, which surged on the back of the global artificial intelligence (AI) boom over the past year, has witnessed one of its sharpest corrections in recent weeks. The sell-off has been so severe that the country’s top policymakers have publicly apologised over the launch of single-stock leveraged Exchange-Traded Funds (ETFs),

 » Read more about: Margin calls, leveraged ETFs and a market crash: What Indian investors can learn from South Korea  »

On February 2, 2026, Cathie Wood said something that turned heads across financial media. The ARK Invest CEO said she would “make a shift from gold into Bitcoin,” pointing to a chart showing gold divided by the M2 money supply had hit a record high.

Her conclusion was direct.

 » Read more about: Cathie Wood once said sell gold and buy Bitcoin, here is whether she got it right  »

TORONTO, July 30, 2026 /CNW/ — Dynamic today announced management fee reductions for eight of its actively managed exchange-traded funds (ETFs), reinforcing its commitment to delivering competitive investment solutions for investors.

The management fee reductions will apply to four fixed income ETFs and four equity ETFs,

 » Read more about: Dynamic announces management fee reductions for eight active ETFs  »

The Federal Reserve held interest rates steady this week,

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• CEO Elon Musk called the achievement “an incredible amount of work.”

• Tesla’s production pace accelerated after Gigafactory Shanghai opened in late 2019. 

• Model 3 and Model Y account for the large majority of volume.

Tesla announced on Thursday that it has produced its 10 millionth vehicle worldwide,

 » Read more about: TSLA Stock Breaks Losing Streak On Tesla’s 10-Million Vehicle Feat  »

Tech stocks were sharply higher Thursday afternoon, with the State Street Technology Select Sector S

 » Read more about: Sector Update: Tech Stocks Sharply Higher Thursday Afternoon  »

Quick Read

• Greg Abel became Berkshire CEO January 1, 2026, preserving Buffett’s buy-forever strategy that concentrates 50% of holdings in just four Dow stocks.

• Apple ($AAPL) anchors Berkshire’s portfolio at 21% despite recent share trimming, while Coca-Cola ($KO) delivers a 2.51% dividend across 200 countries.

 » Read more about: 4 Dow Jones Industrial Giants Make Up 50% of Warren Buffett’s Berkshire Hathaway Portfolio  »

It should be noted that the market expects that Fed will raise rates at the meeting in September. FedWatch Tool indicates that there is a 63.4% probability of a rate hike at the next meeting.

Today, traders also focused on the GDP Growth Rate report. The report indicated that GDP Growth Rate was +1.5% in the second quarter,

 » Read more about: NASDAQ Index, SP500, Dow Jones Forecasts – NASDAQ Soars As Microsoft Skyrockets 17%  »