Macroeconomics & Geopolitics - U.S. Treasury Secretary Scott Bessent signals bigger Treasury buybacks and a new fiscal consolidation plan to push bond yields lower, while economic isolation plans targeting Iran are set for announcement [1][5][10] - The U.S. 10-year Treasury note yield sits at 4.71%, effectively erasing all post-buyback announcement gains, as total U.S. debt surpasses $4 trillion [5][17][23] - The Bloomberg Dollar Spot Index is on track for a third consecutive week of losses, whereas Bitcoin has surpassed $70,000 for the first time in over two months following a meeting between President Trump and crypto industry leaders [6][56] Technology & Corporate Finance - Anthropic is preparing for a mega IPO targeting a valuation that could match or top SpaceX's $75 billion record share sale, with revenue growth accelerating significantly and a $10 billion revolving credit facility secured [2][3][61][64] - Broadcom is in talks with lenders to raise more than $60 billion in debt for AI chip financing to support data center capacity buildouts for customers like Anthropic [3][67] - Meta has become one of Microsoft's largest AI customers, spending hundreds of millions of dollars a year to access AI models through Microsoft Cloud Service while utilizing trillions of tokens weekly [31][32] - Samsung Electronics is planning a shareholder return plan of up to $79 billion, with funds allocated between buybacks and dividends, helping strengthen the South Korean won by 0.8% [9][10][57] Industry & Commodities - Brent crude oil hovers near $94 a barrel, close to $93.6 per barrel, driven by supply fears and Middle Eastern geopolitical disruptions, despite heading toward a weekly gain [1][4][50][53] - Ghana expects its global cocoa harvest to drop 13% next season to approximately 650,000 tons due to adverse weather and black pod disease, with cocoa prices trading around $6,000 per ton [90][91][92][94]
US Steps Up Economic Pressure on Iran | Horizons Middle East & Africa 8/21/2026