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A Bank of America strategist warns that if the US Treasury's plan to control long-term bond yields fails, the dollar could weaken and trigger a wave of short-selling in risk assets like tech stocks and private credit ahead of the midterm elections.
Read MoreEconomists significantly raised Q3 US growth forecasts to 2.5%, driven by AI investment and consumer spending. With inflation cooling, the Fed is expected to hold rates steady until July 2025. Tech capital expenditure emerges as a key economic driver despite moderated job growth projections.
Read MoreBitcoin retreated below the $77,000 level after a rapid 7% surge within 24 hours, currently trading near $76,972. Heightened market volatility indicates intensified short-term fluctuations, requiring investors to closely monitor developments and strengthen risk management strategies.
Read MoreZhongji Innolight's H1 2026 results show explosive growth, with revenue up 182.5% and net profit surging 241.7%, driven by strong demand for high-end optical modules like 800G and 1.6T. The company announced a cash dividend and posted 38% QoQ profit growth in Q2, highlighting momentum from AI computing infrastructure investments.
Read MoreOn August 21, spot silver prices surged past the key $70 per ounce level for the first time since June 17, marking a significant breakthrough. The intraday gain reached 2.82%, demonstrating strong upward momentum. This move is likely driven by a combination of factors including heightened market risk sentiment, shifts in the US dollar, and expectations for industrial demand, drawing close attention from investors.
Read MoreDongshan Precision has announced an additional $500 million investment, raising the total for its optical chip and module expansion project to $1.7 billion. The move strengthens its manufacturing footprint across multiple sites to better serve downstream demand and capitalize on the rapid growth of AI computing infrastructure.
Read MoreBinance Alpha's third COAI airdrop is live. Users with 242+ points can claim 105 COAI tokens. The point threshold drops 5 points every 5 minutes. Claiming costs 15 points and requires confirmation within 24 hours.
Read MoreA former Goldman Sachs analyst detailed a violent plot against his ex-girlfriend to ChatGPT, which was detected by OpenAI's monitoring system and reported to the FBI, leading to his arrest. The case has ignited a debate on AI privacy boundaries and ethical responsibilities.
Read MoreBarclays has increased Alibaba's price target from $195 to $200, signaling growing confidence in its core commerce recovery and strategic execution. The revision reflects positive assessment of its e-commerce resilience, cloud potential, and improving cost efficiency.
Read MoreLeading South Korean crypto exchange Upbit will list the NEXO/USDT trading pair on August 21st, per an official announcement. This move enhances liquidity and accessibility for the NEXO token, potentially impacting its market performance and ecosystem growth, drawing significant attention from investors.
Read MoreThe Hang Seng Index will expand to 95 constituents, adding Hua Hong Grace and Weichai Power. The Hang Seng Tech Index sees Tianchi Digital included and Tongcheng Travel removed. Changes take effect in September 2026, reflecting market evolution.
Read MoreAAVE has broken through the $110 resistance level, currently trading at $110.04 with a notable 24-hour gain of 12.3%. This article explores the factors behind this surge and the increased market volatility, offering insights for navigating the current DeFi landscape.
Read MoreMorgan Stanley's latest report highlights that global cloud providers are heavily investing in AI infrastructure, fueling a new investment cycle. The firm forecasts a 38% year-on-year growth in global cloud capex by 2027, suggesting current market expectations for AI computing investment may still be too conservative.
Read MoreOn-chain data reveals stablecoin issuer Circle has newly minted 500 million USDC on the Solana blockchain. This substantial injection is widely viewed as a key move to bolster network liquidity and confidence, potentially signaling upcoming growth or preparing for rising demand within the Solana ecosystem.
Read MoreSanDisk introduces two new NAS-optimized SSDs: the SATA-based NAS 600 and NVMe-powered NAS 800. Designed for multi-user environments and demanding creative professional workloads, they offer reliable performance, high endurance, and scalability for small businesses and pro users.
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