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U.S. stock indices opened mixed on August 27th, with the Nasdaq outperforming. Nvidia surged over 6% after issuing a revenue outlook far exceeding expectations, fueling gains across semiconductor, storage, and cloud computing stocks. Some individual stocks declined due to revised guidance.
Read MoreKey developments on Aug 27 span tech and policy. AI remains hot with DeepSeek's funding round and Alibaba Cloud's price cuts. Nvidia's strong outlook boosted shares. US-China tariff tensions persist amid positive jobless claims. Crypto derivatives regulation also entered the spotlight.
Read MoreA recent statement to the CFTC's Innovation Advisory Committee argues that perpetual contracts, now expanding beyond crypto into stocks and commodities, should be central to its innovation agenda. It highlights their utility for risk management and advocates exploring blockchain to modernize derivatives markets.
Read MoreU.S. initial jobless claims unexpectedly dropped to 203,000 last week, below forecasts of 208,000. This indicates ongoing resilience in the labor market, easing some economic slowdown concerns and providing key insights for the Federal Reserve's policy outlook.
Read MoreSolana's 'Double Deflation' proposal, aiming to drastically cut the network's inflation rate, has reached its voting quorum with 27 hours remaining. Participation stands at 33.84%, with 25% voting 'Yes'. If passed, SOL's annual inflation would be roughly halved, boosting the deflation rate to 30%, potentially reducing new supply by ~$1.47B (18.9M SOL) over six years.
Read MoreThe White House stated that no negotiations are currently taking place with Iran. All options remain on the table, with the U.S. reiterating its focus on economically isolating Iran and maintaining effective maritime pressure, signaling no imminent diplomatic breakthrough.
Read MoreA Federal Reserve official stated that current monetary policy remains accommodative despite aggressive rate hikes. With inflation persistently above the 2% target, further policy tightening is necessary. The official hinted at supporting additional rate increases and dismissed concerns about the Fed's credibility.
Read MoreA new report from S&P Global projects that global investment in artificial intelligence infrastructure will exceed $1.3 trillion by 2027. This massive spending surge signals AI's transition from experimental technology to core business infrastructure, reshaping industries worldwide.
Read MoreJustin Sun's attorney Zhang Qihuai confirmed a civil lawsuit has been filed regarding a property dispute exceeding 30 million RMB. The court accepted the case and granted asset preservation. The defendant raised jurisdictional objections, and proceedings remain in preliminary stages.
Read MoreRipple Prime has launched its Delta One business, expanding into equity trading for the first time. The service enables institutional investors like hedge funds to trade US stocks, indices, and digital assets via total return swaps, marking a strategic move into traditional finance.
Read MoreSamsung Electronics and SK Hynix are collaborating with Qualcomm to commercialize next-generation High Bandwidth Compute (HBC) chips. The partnership aims to overcome HBM limitations by combining DRAM stacking expertise with advanced packaging, targeting the booming AI and HPC markets.
Read MoreTD Securities analysis indicates easing U.S. inflation as supply shocks fade. The firm forecasts the Federal Reserve will likely keep policy rates unchanged through 2026, offering a key outlook on medium-term monetary policy direction.
Read MoreUBS Securities analysis indicates structural supply tightness in the global memory chip market. DRAM shortages may persist until at least Q2 2028, with prices potentially rising over 40% next year. NAND flash supply is expected to remain tight through Q4 2025, with forecasts pointing to price increases exceeding 30%, signaling cost pressures for consumer electronics and data centers.
Read MoreSMIC reported robust H1 results with revenue hitting 38.6B yuan and net profit surging 94.2% to 4.47B yuan. The growth is driven by strong domestic demand and expanded capacity in mature process nodes, highlighting its key role in China's semiconductor supply chain.
Read MoreBitfinex Securities launches tokenized security ALKN, backed by $1.6B high-purity nickel inventory. The $50M funding aims to advance nickel applications in semiconductors, aerospace, and green energy. Subscription is open to qualified investors until Oct 15.
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