On August 13, 2025, Bitcoin surged to a new record high as corporate interest continues to expand. Asia stocks are projected to rise amid growing momentum for a potential Federal Reserve rate cut. Cisco reported an earnings beat driven by increased AI demand, yet its stock declined. Miami International Exchange successfully raised $345 million in its IPO. Telstra announced an additional share buyback of up to $654 million. Meanwhile, Paramount Skydance shares experienced a record rally, drawing comparisons to meme stocks. President Trump's push for a rate cut adds to market intrigue. Powered by LabCat AI research tools.