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UBS analysis suggests markets are underestimating the strength and persistence of the current earnings cycle, which outweighs near-term geopolitical concerns. With robust Q2 reports globally and a gradual normalization of energy flows, equities are poised for broader gains driven by corporate profitability.
Read MoreJapan's Minister of Economic and Fiscal Policy, Minoru Shiroiwa, expressed hope for closer communication between the government and the central bank on policy guidance. He stated that while specific exchange rate levels would not be commented on, the impact of currency fluctuations on the economy and prices would be closely monitored.
Read MoreTelegram has been restored on the Apple App Store, now available for download in 172 regions including the US. The removal was linked to founder-related allegations. Full access to all users is expected soon.
Read MoreThe Coldcard hardware wallet hack is worsening, with on-chain data suggesting potential losses of 2,055 BTC (~$130M). Over 7,700 victim addresses have been identified, challenging the perception of hardware wallets as foolproof.
Read MoreMajor North American cloud providers continue robust capital expenditure growth. Amazon's CEO revealed AI server and network investment payback is now under three years, signaling a virtuous ROI cycle. This alleviates sustainability concerns over massive AI spending. Consequently, expanding AI clusters will fuel demand for optical interconnects, underpinning long-term optimism for the optical communication sector.
Read MoreOn August 4, South Korea's KOSDAQ index surged, triggering the buying-side circuit breaker for the 17th time this year. Institutional investors led the charge with a net purchase of 354 billion won, while retail and foreign investors sold off. Biotech stocks stood out with substantial gains.
Read MoreA trader sold 2,709 Bitcoin call options expiring Sept 25 with a $70K strike, totaling $173 million. This bet predicts BTC won't rise over 9.5% in 52 days, netting $3.03 million in premiums. The large-scale options trade signals significant market positioning ahead of the expiration date.
Read MoreOn August 4th, A-share computing power concept stocks surged across the board. The rally was fueled by a leading tech company revealing it holds long-term framework orders exceeding 15.4 billion yuan for computing and storage services, with clients including top state-owned enterprises and major AI model developers, highlighting robust demand for infrastructure.
Read MoreOn August 4, KOSDAQ index futures experienced a sharp surge of over 6%, triggering a 5-minute trading halt due to circuit breaker rules. This sudden volatility highlights intense market activity and shifting investor sentiment in South Korea's growth enterprise market.
Read MoreOn-chain data reveals two addresses linked to venture giant a16z staked 979,000 HYPE tokens (worth ~$53.53M) on Hyperliquid 8 hours ago. This massive move highlights institutional interest in the platform's future.
Read MoreOn August 4, South Korea's KOSPI index fell over 2% after a volatile trading session. Chipmaking giants Samsung Electronics and SK Hynix led the decline, dropping more than 3% and 4% respectively, dragging down the broader market amid sector-wide concerns.
Read MoreMastercard has finalized its acquisition of stablecoin infrastructure firm BVNK, with undisclosed terms. The move aims to leverage BVNK's expertise to help financial institutions, fintechs, and businesses expand stablecoin adoption, signaling deeper investment in digital asset infrastructure.
Read MoreOn August 4th, the encrypted messaging app Telegram was confirmed to have been removed from the Apple App Store. The specific reasons are unclear, sparking widespread concern and discussion regarding the compliance and operational status of encrypted communication apps on major platforms.
Read MoreMonitoring data reveals trader James Wynn's S&P 500 short position was liquidated four times within 12 hours, bringing total liquidations for this position to 26. He still holds shorts worth approximately $219.5K, with a new liquidation price of $7619.84, highlighting the extreme risks of leveraged short trading during volatility.
Read MoreOn August 4th, WTI crude oil prices showed strong momentum, climbing over 1% to break through the $79 barrier, settling at $79.52 per barrel. This rally has drawn market focus to underlying supply-demand dynamics and future price direction.
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