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Morgan Stanley downgraded Baidu from "Equal-weight" to "Underweight," slashing its target price from $130 to $80. The move reflects concerns over weak revenue growth and increased pressure on profits from substantial AI investments.
Read MorePrediction market platform Polymarket will host a crypto-themed movie night titled "Bull Run" in New York on August 20. The event aims to gather community members for film viewing and discussions on market sentiment and future trends, sparking industry speculation about a potential market shift.
Read MoreHSBC suggests the Bank of Japan may hike rates as early as September to counter yen weakness, revising its policy outlook to be more hawkish. The yen's sustained recovery hinges on real yields, fiscal health, and domestic capital repatriation.
Read MoreThe Financial Times reports that Iran has contingency plans to strike military targets in Europe if the U.S. escalates conflict under Trump. Assessments include U.S. assets in Southeastern Europe and undersea cables in the Strait of Hormuz, highlighting risks of regional spillover.
Read MoreKey midday updates: Unitree Robotics soars over 600% in its market debut, creating massive wealth. Ripple secures $275M in investment-grade funding for U.S. expansion. Arthur Hayes warns of an AI bubble in debt and unprofitable firms. Market eyes Fed minutes.
Read MoreUS spot Ethereum ETFs witnessed a substantial net inflow of $71.4 million on August 19, according to fresh monitoring data. This strong single-day performance signals a potential shift in institutional sentiment and could mark a turning point for market attention towards Ethereum-based investment products.
Read MoreRBA Vice Governor Hauser reiterated that inflation remains too high, requiring monetary policy to continue suppressing demand. He warned further rate hikes are possible if inflation persists. While not forecasting a recession, he highlighted ongoing inflation risks, noting past hikes aimed to balance supply-demand and curb unemployment.
Read MoreUS spot Bitcoin ETFs saw a significant net inflow of $189.3 million on August 19, according to Farside Investors data. This substantial capital movement highlights growing institutional interest and reinforces confidence in regulated cryptocurrency investment vehicles.
Read MoreThe Fed will release its July meeting minutes at 2 AM Thursday Beijing time. With reduced policy guidance and internal dissent, markets are closely watching for clues on future rate paths and inflation views.
Read MoreOn August 19, liquidity protocol Maya Protocol was hacked, resulting in losses of approximately $1.7 million. PeckShield reported the theft of 20 Bitcoin among other assets, raising fresh concerns over DeFi security.
Read MoreUnitree Technology's stock skyrocketed over 629% on its STAR Market debut, reaching a market cap exceeding $60 billion. As a leading robotics firm among Hangzhou's tech stars, its investor roster is impressive. Lei Jun's Shunwei Capital affiliate saw paper gains surpass $2.2 billion, highlighting the massive investor enthusiasm for advanced robotics.
Read MoreUnitree Technology's stock skyrocketed 629% on its market debut, with each lottery ticket yielding 474,600 yuan profit. The robotics pioneer leads global shipments in quadruped and humanoid robots, reaching 444.9 billion yuan market cap despite profit fluctuations.
Read MoreThe UNITREE token's launch saw an unexpected price surge, putting significant pressure on short positions. On-chain data reveals a leveraged short position facing over $520,000 in unrealized losses, currently the largest on record. While liquidation isn't immediate, market volatility remains extreme.
Read MoreBinance Futures will list derivatives linked to Unitree Tech, a leading robotics company, on August 19, 2026. Trading begins at 10:45 AM UTC. This move expands access to innovative tech assets within the crypto derivatives market.
Read MoreBitMEX co-founder Arthur Hayes clarifies his AI investment stance, arguing the real bubble lies in data center debt and overvalued, loss-making tech firms, not AI technology. He believes in the 'agentic economy' and sees potential compute oversupply as a catalyst for AI-crypto projects.
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