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Bill Gates held talks with leaders of SK Group and HD Hyundai Group, focusing on small modular reactor collaboration to meet the surging electricity demands from AI data centers. The meetings aimed to advance next-gen nuclear tech commercialization and strengthen US-Korea energy partnerships.
Read MoreOn August 14, US-listed storage concept stocks rallied collectively, with SanDisk surging over 4%. The uptick was primarily driven by SanDisk's optimistic financial guidance, projecting mid-to-high double-digit revenue growth from FY2028 to FY2030, which bolstered sentiment across the sector.
Read MoreSpot gold prices rose sharply by over 1% intraday, currently trading at $4394.59 per ounce. The rally is primarily driven by heightened safe-haven demand and dollar fluctuations, reflecting shifting investor sentiment. Technical indicators suggest a bullish near-term outlook as prices break key resistance levels.
Read MoreU.S. stocks opened with a mixed performance. The Nasdaq rose, led by gains in tech and semiconductor stocks like Western Digital and Micron. The Dow Jones edged lower amid cautious sentiment. A storage chip maker surged on strong long-term revenue guidance, while an equipment stock fell post-earnings.
Read MoreTesla plans to launch its new Roadster sports car as early as this month, according to reports. The vehicle is a collaboration with SpaceX, causing Tesla's stock to rise nearly 2% in pre-market trading.
Read MoreZhiyang Innovation announced a private placement plan to raise up to 904 million yuan. Funds will target R&D in cross-domain embodied AI and AI agents, smart sensing terminal platforms, and industrial upgrades. This move signals a strategic shift towards deep integration and scaling of cutting-edge AI with hardware.
Read MoreSpaceX has finalized a landmark $600 billion acquisition of AI coding startup Cursor, integrating it into its newly formed SpaceX AI division. This massive move aims to accelerate Musk's push into the lucrative AI tools market, directly challenging leaders like OpenAI. Cursor's rapid growth highlights the surging demand for AI-powered programming assistants.
Read MoreOn-chain data reveals a wallet linked to Monetalis moved 3.72 million UNI tokens (worth ~$13M) to major exchanges including Binance and Coinbase within 24 hours. This significant transfer has raised market concerns about potential selling pressure.
Read MoreUnexpectedly soft July PPI and CPI data have cooled inflation fears, weakening the Fed's hawkish case for hikes. Amid political pressure and market expectations, Chair Wash remains silent, making a September pause likely. However, markets still price in a high chance of tightening by year-end as policymakers balance inflation and unemployment risks.
Read MoreNorway's sovereign wealth fund now holds indirect exposure equivalent to 11,549 Bitcoin ($725M) through public company investments, hitting a record high. This represents a 60.5% annual increase and marks the fund's first indirect Ethereum exposure via BitMine, revealing how traditional funds are quietly entering crypto markets.
Read MoreVenture firm Team8 has raised $365 million for a new fund targeting seed to Series A stage AI-native startups. The capital will focus on cybersecurity, AI infrastructure, and fintech, particularly projects enabling safe AI deployment and governance.
Read MoreDark Side of the Moon has issued a statement warning against fraudulent fundraising activities falsely using its name. The company has reported the matter to police and vows to pursue legal action, urging investors to stay vigilant against suspicious transactions.
Read MoreThe merger between SpaceX and Cursor officially took effect on August 14, as reported by MyXmr. This integration signifies a deep fusion of resources and strategies, poised to significantly impact the technological trajectory and market dynamics of relevant industries.
Read MoreBNB Chain's Pasteur hard fork is scheduled for August 25, introducing three key upgrades. It significantly enhances cross-chain security, validator governance, and doubles network throughput by optimizing block construction, preparing for higher capacity demands and long-term scaling goals.
Read MoreOn August 14, SpaceX shares surged over 2% in pre-market trading, reaching $144.139. This movement highlights investor optimism, potentially tied to recent company developments, and signals market confidence ahead of the opening bell.
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