Fed Hawks Surface, Robinhood Slides Despite Beat, Korea Flash Crash Aftermath

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Welcome to Stock Market Today, your market briefing with actionable insights on stocks, bonds, crypto in the events-moving markets. Let's get into it. Bitcoin at $64,852, Ethereum at $1,923 as markets digest Wednesday's hawkish-fed decision. Three FOMC members dissented favoring a rate hike. Cleveland's Beth Hammock, Minneapolis' Neel Kashkari, and Dallas' Lori Logan. That 9-3 vote marks the most divided-fed decision in recent history, with Chair Kevin Warsh signaling hardline inflation control. Quote, There is no soft inflation target. Any inflation above 2% is unacceptable. September futures now price 72% probability of a 25 basis point increase.
Robinhood posted record Q2 revenue of $1.31 billion, beating estimates. But crypto trading revenue collapsed 38% year-over-year to $100 million. Shares fell 4% despite the beat. The company is launching Robinhood Chain, with hundreds of millions in daily DEX volume, and agentic trading connecting AI assistance to brokerage accounts. Coinbase reports Thursday with Wall Street cutting estimates.
Barclays projects $152 billion in trading volume versus consensus of $178 billion. Semiconductor volatility continues.
Samsung chip profits surged 250-fold driven by AI memory shortages, yet shares gained just 2%.
Microsoft rallied 9% after cloud growth accelerated while Meta dropped 8% on weak guidance. Geopolitical risk escalates.
Iran launched ballistic missiles at US forces Tuesday with all intercepted. Trump vowed retaliation with Wednesday night strikes resuming. Oil spiked 8%, WT weighing now $83, pressuring inflation expectations. Morgan Stanley declared the traditional 9-5 banking day dead as tokenization enables 24-7 settlement. The bank launched spot Bitcoin, Ethereum, and Solana trading through E-Trade. Watch Coinbase earnings Thursday, and Core PCE inflation data for next market catalysts. That wraps your market Intel. Trade smart out there. For deeper insights and real-time analysis, visit capitalcopilot.io.