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President Trump announced a three-day suspension of planned 50% tariffs on Canada, citing a new bilateral agreement. He also revived discussion around the Keystone XL pipeline, previously canceled by the Biden administration, suggesting the project could be reconsidered.
Read MoreOpenAI's Q2 revenue hit $6.7B, up 18%, but operating losses widened to $12.3B. Rival Anthropic's revenue surged to $11.6B, overtaking OpenAI for the first time and achieving a small operating profit, intensifying scrutiny on AI profitability.
Read MoreOn August 19, Unitree Technology debuted on the STAR Market, with its stock price surging 629.44% at opening, pushing its market cap above 440 billion RMB. Founder Wang Xingxing, holding over 31% of shares directly and indirectly, now has a personal fortune exceeding 130 billion RMB.
Read MoreUnitree Technology, dubbed the 'first humanoid robot stock on China's A-share market,' debuted on the STAR Market on August 19. Its share price skyrocketed over 500% intraday, pushing its market capitalization above 350 billion yuan and securing a spot among the top 10 listed companies on the board by value, far exceeding its pre-IPO valuation.
Read MoreUnitree Technology's stock skyrocketed 629% on its first trading day, reaching a market cap of ¥444.9B ($61.6B). As the global leader in quadruped and humanoid robot shipments, it reported 48.5% revenue growth for H1, though net profit declined, highlighting the balance between expansion and profitability.
Read MoreYMTC's IPO tutoring status has officially changed to 'tutoring acceptance,' indicating a key milestone. Jointly guided by CITIC Securities and China Securities, this move accelerates the listing process for China's leading memory chip maker.
Read MoreShanghai-based Zhibao Technology has completed a $154.7 million PIPE financing round. Uniquely, the transaction was settled with 2,380 BTC transferred to the company's treasury, reflecting a strategic move to integrate digital assets into corporate capital structure. The deal was executed through the issuance of special financial units.
Read MoreZhipu AI launches GLM-5.3 API, excelling in complex coding, defensive cybersecurity, and long-context tasks. Integrated into coding platforms and the GLM Coding Plan, it maintains GLM-5.2 pricing. Model weights open-source next week.
Read MoreA newly created wallet received $3.685M worth of KTA and GALA tokens via a cross-chain bridge on Aug 19, then rapidly sold them for $3.64M in ETH. The massive dump triggered a 37% crash in KTA and 15% drop in GALA, raising concerns over short-term selling pressure.
Read MoreMizuho Financial Group predicts the Bank of Japan could raise interest rates as soon as September, driven by a weak yen and persistent inflation. The central bank may also accelerate its policy cycle from roughly every six months to every three months, signaling a faster exit from ultra-loose monetary settings.
Read MoreSolana activates its first block time reduction upgrade on mainnet, cutting block generation time from ~400ms to 350ms. The phased rollout requires developer attention to SDK updates and transition logic. Future plans include migrating network parameters on-chain for direct client queries.
Read MoreOn-chain analysis reveals a whale placing a $5 million long order for Unitree at $90 on Hyperliquid. The pre-market contract price has surged 6.7x from its offering price, signaling potential institutional moves in the crypto market.
Read MoreA Bank of America survey reveals a net 56% of fund managers are overweight stocks, the highest since Nov 2021, with cash allocations at a low 3.5%. While sentiment is bullish, the report warns of risks from AI bubbles and cloud provider capex, suggesting rotation within risk assets rather than further accumulation.
Read MoreThe Nikkei 225 index experienced a sharp intraday decline of 2% on August 19, sparking market concerns. This article analyzes the key drivers behind the sell-off, including global macroeconomic pressures, yen volatility, and technical adjustments, offering insights for investors.
Read MoreOn August 19, the South Korean exchange activated the KOSPI sidecar mechanism in response to severe market volatility. This automatic circuit breaker halted all program selling orders for five minutes, aiming to cool overheated markets and prevent algorithmic trading from triggering a cascade of sell-offs, thereby stabilizing the overall market.
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